Arizona Metals Shares Outstanding vs. Current Ratio

AMC Stock   1.78  0.10  5.95%   
Based on Arizona Metals' profitability indicators, Arizona Metals Corp may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Arizona Metals' ability to earn profits and add value for shareholders. At this time, Arizona Metals' Current Ratio is very stable compared to the past year. As of the 12th of December 2024, Price Earnings To Growth Ratio is likely to grow to 2.69, while PTB Ratio is likely to drop 6.05.
For Arizona Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Arizona Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Arizona Metals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Arizona Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Arizona Metals Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Arizona Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arizona Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arizona Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Arizona Metals Corp Current Ratio vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Arizona Metals's current stock value. Our valuation model uses many indicators to compare Arizona Metals value to that of its competitors to determine the firm's financial worth.
Arizona Metals Corp is number one stock in shares outstanding category among its peers. It also is number one stock in current ratio category among its peers . The ratio of Shares Outstanding to Current Ratio for Arizona Metals Corp is about  752,393,750 . At this time, Arizona Metals' Current Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Arizona Metals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Arizona Metals' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Arizona Current Ratio vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Arizona Metals

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
120.38 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Arizona Metals

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
0.16 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Arizona Current Ratio Comparison

Arizona Metals is currently under evaluation in current ratio category among its peers.

Arizona Metals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Arizona Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Arizona Metals will eventually generate negative long term returns. The profitability progress is the general direction of Arizona Metals' change in net profit over the period of time. It can combine multiple indicators of Arizona Metals, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income6.4 MM
Operating Income-26.2 M-24.9 M
Income Before Tax-24.3 M-23.1 M
Total Other Income Expense Net1.8 M1.9 M
Net Loss-17.7 M-16.8 M
Net Loss-24.3 M-23.1 M
Income Tax Expense(4.00)(4.20)
Net Loss(0.21)(0.22)
Net Income Per E B T 0.89  0.79 

Arizona Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Arizona Metals. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Arizona Metals position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Arizona Metals' important profitability drivers and their relationship over time.

Use Arizona Metals in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arizona Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arizona Metals will appreciate offsetting losses from the drop in the long position's value.

Arizona Metals Pair Trading

Arizona Metals Corp Pair Trading Analysis

The ability to find closely correlated positions to Arizona Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arizona Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arizona Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arizona Metals Corp to buy it.
The correlation of Arizona Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arizona Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arizona Metals Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arizona Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Arizona Metals position

In addition to having Arizona Metals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Electrical Equipment
Electrical Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Electrical Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Arizona Stock

To fully project Arizona Metals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Arizona Metals Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Arizona Metals' income statement, its balance sheet, and the statement of cash flows.
Potential Arizona Metals investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Arizona Metals investors may work on each financial statement separately, they are all related. The changes in Arizona Metals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arizona Metals's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.