American Property Plant And Equipment Net vs Total Stockholder Equity Analysis

AMK Stock  CAD 0.14  0.00  0.00%   
American Creek financial indicator trend analysis is way more than just evaluating American Creek Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Creek Resources is a good investment. Please check the relationship between American Creek Property Plant And Equipment Net and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Creek Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Net vs Total Stockholder Equity

Property Plant And Equipment Net vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Creek Resources Property Plant And Equipment Net account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between American Creek's Property Plant And Equipment Net and Total Stockholder Equity is 0.89. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of American Creek Resources, assuming nothing else is changed. The correlation between historical values of American Creek's Property Plant And Equipment Net and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of American Creek Resources are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., American Creek's Property Plant And Equipment Net and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from American Creek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Creek Resources 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 American Creek Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is likely to climb to about 60.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 222.2 K in 2024.
 2021 2023 2024 (projected)
Cost Of Revenue10.8K9.8K18.6K
Research Development94.9K95.8K57.4K

American Creek fundamental ratios Correlations

-0.070.380.990.930.090.40.33-0.060.92-0.450.020.03-0.270.50.370.040.210.540.230.250.720.60.110.38-0.33
-0.070.06-0.08-0.08-0.15-0.310.060.15-0.09-0.230.060.480.24-0.180.060.06-0.46-0.35-0.43-0.01-0.16-0.170.21-0.450.13
0.380.060.220.480.510.341.0-0.40.49-0.3-0.4-0.51-0.47-0.291.0-0.34-0.03-0.12-0.27-0.270.310.330.78-0.04-0.56
0.99-0.080.220.890.00.370.170.020.88-0.420.10.14-0.210.580.210.110.230.60.290.320.710.58-0.020.41-0.25
0.93-0.080.480.890.440.460.44-0.421.0-0.47-0.35-0.16-0.370.510.48-0.340.270.570.26-0.120.60.620.150.43-0.46
0.09-0.150.510.00.440.350.49-0.970.45-0.16-0.97-0.6-0.460.130.51-0.950.240.190.17-0.89-0.060.210.250.27-0.56
0.4-0.310.340.370.460.350.31-0.230.470.47-0.3-0.07-0.940.170.33-0.210.870.540.73-0.20.810.780.170.79-0.84
0.330.061.00.170.440.490.31-0.390.45-0.28-0.38-0.51-0.45-0.341.0-0.32-0.07-0.18-0.3-0.270.280.30.8-0.09-0.53
-0.060.15-0.40.02-0.42-0.97-0.23-0.39-0.430.170.950.640.31-0.13-0.40.98-0.17-0.16-0.130.860.17-0.08-0.1-0.20.42
0.92-0.090.490.881.00.450.470.45-0.43-0.46-0.36-0.18-0.380.510.49-0.350.280.570.27-0.130.60.610.150.44-0.47
-0.45-0.23-0.3-0.42-0.47-0.160.47-0.280.17-0.460.070.14-0.37-0.36-0.30.090.590.00.47-0.050.180.19-0.180.35-0.16
0.020.06-0.40.1-0.35-0.97-0.3-0.380.95-0.360.070.50.4-0.11-0.40.98-0.25-0.17-0.190.960.13-0.19-0.18-0.250.49
0.030.48-0.510.14-0.16-0.6-0.07-0.510.64-0.180.140.50.150.25-0.510.550.010.090.180.420.210.18-0.20.020.21
-0.270.24-0.47-0.21-0.37-0.46-0.94-0.450.31-0.38-0.370.40.15-0.12-0.470.29-0.77-0.43-0.630.34-0.69-0.68-0.35-0.690.91
0.5-0.18-0.290.580.510.130.17-0.34-0.130.51-0.36-0.110.25-0.12-0.29-0.090.260.660.61-0.030.240.25-0.310.46-0.15
0.370.061.00.210.480.510.331.0-0.40.49-0.3-0.4-0.51-0.47-0.29-0.34-0.04-0.12-0.27-0.280.310.330.78-0.05-0.56
0.040.06-0.340.11-0.34-0.95-0.21-0.320.98-0.350.090.980.550.29-0.09-0.34-0.19-0.15-0.140.940.21-0.1-0.08-0.20.38
0.21-0.46-0.030.230.270.240.87-0.07-0.170.280.59-0.250.01-0.770.26-0.04-0.190.760.83-0.190.640.66-0.260.96-0.61
0.54-0.35-0.120.60.570.190.54-0.18-0.160.570.0-0.170.09-0.430.66-0.12-0.150.760.67-0.050.550.55-0.480.91-0.4
0.23-0.43-0.270.290.260.170.73-0.3-0.130.270.47-0.190.18-0.630.61-0.27-0.140.830.67-0.160.530.54-0.270.81-0.48
0.25-0.01-0.270.32-0.12-0.89-0.2-0.270.86-0.13-0.050.960.420.34-0.03-0.280.94-0.19-0.05-0.160.27-0.09-0.18-0.160.4
0.72-0.160.310.710.6-0.060.810.280.170.60.180.130.21-0.690.240.310.210.640.550.530.270.850.170.65-0.6
0.6-0.170.330.580.620.210.780.3-0.080.610.19-0.190.18-0.680.250.33-0.10.660.550.54-0.090.850.190.66-0.59
0.110.210.78-0.020.150.250.170.8-0.10.15-0.18-0.18-0.2-0.35-0.310.78-0.08-0.26-0.48-0.27-0.180.170.19-0.34-0.37
0.38-0.45-0.040.410.430.270.79-0.09-0.20.440.35-0.250.02-0.690.46-0.05-0.20.960.910.81-0.160.650.66-0.34-0.58
-0.330.13-0.56-0.25-0.46-0.56-0.84-0.530.42-0.47-0.160.490.210.91-0.15-0.560.38-0.61-0.4-0.480.4-0.6-0.59-0.37-0.58
Click cells to compare fundamentals

American Creek Account Relationship Matchups

American Creek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0M12.8M2.4M8.1M7.0M8.7M
Other Current Liab18K123K25.5K33.1K29.8K28.3K
Total Current Liabilities236.6K191.1K101.4K71.6K60.3K57.3K
Total Stockholder Equity5.8M12.6M2.3M8.0M6.9M7.9M
Property Plant And Equipment Net4.2M4.0M153.7K6.7M6.0M7.3M
Net Debt(1.6M)(4.8M)(1.9M)(1.1M)(1.0M)(1.1M)
Retained Earnings(39.4M)(38.5M)(51.5M)(47.2M)(48.2M)(45.8M)
Accounts Payable113.6K165.6K81.4K38.5K41.9K39.8K
Cash1.6M4.8M1.9M1.1M101.5K96.4K
Non Current Assets Total4.3M4.1M233.7K6.8M6.8M7.6M
Cash And Short Term Investments1.6M8.5M2.1M1.2M1.4M1.3M
Net Receivables68.5K52.5K34.4K41.7K18.6K17.7K
Common Stock Shares Outstanding298.9M358.4M415.1M442.1M442.8M464.9M
Liabilities And Stockholders Equity6.0M12.8M2.4M8.1M7.3M8.8M
Other Stockholder Equity9.4M12.1M11.2M11.7M10.6M12.3M
Total Liab236.6K191.1K101.4K71.6K60.3K57.3K
Total Current Assets1.7M8.7M2.2M1.3M229.0K217.5K
Accumulated Other Comprehensive Income12.1M11.2M11.7M12.7M14.6M9.2M
Other Current Assets14.0K114.6K12.7K19.7K22.7K23.1K
Net Tangible Assets2.3M5.8M12.6M2.3M2.1M2.0M
Common Stock33.1M39.9M42.0M42.5M48.8M35.9M
Property Plant Equipment3.0M4.2M4.0M153.7K138.3K131.4K
Short Term Investments329.03.7M211K104K95K90.3K
Net Invested Capital5.8M12.6M2.3M8.0M6.9M6.4M
Net Working Capital1.5M8.5M2.1M1.2M168.6K160.2K
Capital Stock33.1M39.9M42.0M42.5M48.8M42.3M

Pair Trading with American Creek

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 American Creek 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 American Creek will appreciate offsetting losses from the drop in the long position's value.

Moving against American Stock

  0.45AAPL Apple Inc CDRPairCorr
The ability to find closely correlated positions to American Creek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Creek 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 American Creek - 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 American Creek Resources to buy it.
The correlation of American Creek 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 American Creek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Creek Resources 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 American Creek 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Creek Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Please note, there is a significant difference between American Creek's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Creek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Creek's 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.