Arizona Book Value Per Share vs Graham Number Analysis
AZS Stock | CAD 0.42 0.01 2.33% |
Arizona Gold financial indicator trend analysis is way more than just evaluating Arizona Gold Silver prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arizona Gold Silver is a good investment. Please check the relationship between Arizona Gold Book Value Per Share and its Graham Number accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arizona Gold Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Book Value Per Share vs Graham Number
Book Value Per Share vs Graham Number Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arizona Gold Silver Book Value Per Share account and Graham Number. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Arizona Gold's Book Value Per Share and Graham Number is 0.83. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Graham Number in the same time period over historical financial statements of Arizona Gold Silver, assuming nothing else is changed. The correlation between historical values of Arizona Gold's Book Value Per Share and Graham Number is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Arizona Gold Silver are associated (or correlated) with its Graham Number. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Graham Number has no effect on the direction of Book Value Per Share i.e., Arizona Gold's Book Value Per Share and Graham Number go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Graham Number
Most indicators from Arizona Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arizona Gold Silver current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arizona Gold Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Arizona Gold's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 24 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.1 M in 2024.
Arizona Gold fundamental ratios Correlations
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Arizona Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arizona Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.4M | 6.0M | 7.1M | 8.4M | 9.6M | 10.1M | |
Other Current Liab | 15.3K | 32.8K | 27K | 85.8K | 98.7K | 63.1K | |
Total Current Liabilities | 139.7K | 129.8K | 46.8K | 187.2K | 215.3K | 128.4K | |
Total Stockholder Equity | 4.3M | 5.8M | 7.0M | 8.2M | 9.4M | 9.9M | |
Net Debt | (824.0K) | (591.9K) | (223.8K) | 58.0K | 66.7K | 70.1K | |
Retained Earnings | (3.2M) | (3.7M) | (4.3M) | (5.9M) | (5.3M) | (5.0M) | |
Accounts Payable | 124.4K | 97.0K | 19.8K | 58.8K | 67.7K | 55.6K | |
Cash | 824.0K | 591.9K | 223.8K | 43.3K | 49.8K | 47.4K | |
Cash And Short Term Investments | 824.0K | 591.9K | 223.8K | 43.3K | 49.8K | 47.4K | |
Net Receivables | 18.1K | 37.3K | 28.4K | 7.5K | 8.6K | 8.2K | |
Common Stock Shares Outstanding | 43.1M | 56.3M | 62.1M | 68.6M | 78.9M | 82.8M | |
Liabilities And Stockholders Equity | 4.4M | 6.0M | 7.1M | 8.4M | 9.6M | 10.1M | |
Other Stockholder Equity | 65.0K | 683.0K | (10K) | (1.0) | (0.9) | (0.85) | |
Total Liab | 139.7K | 129.8K | 46.8K | 187.2K | 215.3K | 128.4K | |
Total Current Assets | 877.2K | 765.9K | 386.1K | 168.0K | 193.3K | 183.6K | |
Accumulated Other Comprehensive Income | 1.4M | 1.5M | 1.7M | 2.4M | 2.8M | 2.9M | |
Net Tangible Assets | 2.4M | 4.3M | 5.8M | 7.0M | 8.1M | 8.5M | |
Common Stock | 6.1M | 8.0M | 9.6M | 11.6M | 13.4M | 14.0M | |
Non Current Assets Total | 3.6M | 5.2M | 6.7M | 8.2M | 9.4M | 9.9M | |
Non Currrent Assets Other | 46.5K | 57.4K | (10K) | 33.2K | 29.9K | 25.4K | |
Other Assets | 38.8K | 46.5K | 57.4K | 32.2K | 37.0K | 41.4K | |
Property Plant And Equipment Net | 3.5M | 5.2M | 6.6M | 8.1M | 9.4M | 4.7M | |
Other Current Assets | 35.0K | 136.8K | 133.8K | 117.2K | 134.8K | 74.1K | |
Net Invested Capital | 4.3M | 5.8M | 7.0M | 8.3M | 9.5M | 5.2M | |
Net Working Capital | 737.5K | 636.1K | 339.2K | (19.2K) | (17.2K) | (16.4K) | |
Property Plant Equipment | 2.5M | 3.5M | 5.2M | 6.6M | 7.6M | 4.0M | |
Capital Stock | 6.1M | 8.0M | 9.6M | 11.6M | 13.4M | 7.8M |
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When running Arizona Gold's price analysis, check to measure Arizona Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arizona Gold is operating at the current time. Most of Arizona Gold's value examination focuses on studying past and present price action to predict the probability of Arizona Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arizona Gold's price. Additionally, you may evaluate how the addition of Arizona Gold to your portfolios can decrease your overall portfolio volatility.