AIS Days Sales Outstanding vs Pb Ratio Analysis
AIS Stock | CAD 0.04 0.00 0.00% |
AIS Resources financial indicator trend analysis is way more than just evaluating AIS Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AIS Resources is a good investment. Please check the relationship between AIS Resources Days Sales Outstanding and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AIS Resources. 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.
Days Sales Outstanding vs Pb Ratio
Days Sales Outstanding vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AIS Resources Days Sales Outstanding account and Pb Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between AIS Resources' Days Sales Outstanding and Pb Ratio is 0.65. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of AIS Resources, assuming nothing else is changed. The correlation between historical values of AIS Resources' Days Sales Outstanding and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of AIS Resources are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Days Sales Outstanding i.e., AIS Resources' Days Sales Outstanding and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Days Sales Outstanding
Pb Ratio
Most indicators from AIS Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AIS 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 AIS Resources. 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. Selling General Administrative is likely to climb to about 922.5 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2023 | 2024 (projected) | Research Development | 5.66 | 5.38 | Non Recurring | 10.7K | 9.5K |
AIS Resources fundamental ratios Correlations
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AIS Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AIS Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6M | 2.8M | 6.1M | 5.6M | 2.5M | 1.9M | |
Total Current Liabilities | 1.5M | 997.8K | 1.2M | 1.3M | 1.7M | 1.8M | |
Total Stockholder Equity | 38.6K | 1.8M | 5.0M | 4.3M | 802.6K | 1.6M | |
Property Plant And Equipment Net | 46.8K | 999.0K | 4.1M | 3.4M | 1.2M | 955.0K | |
Net Debt | 712.2K | 865.0 | 348.5K | 215.3K | 566.1K | 594.4K | |
Retained Earnings | (17.3M) | (18.4M) | (19.3M) | (20.9M) | (24.4M) | (23.2M) | |
Accounts Payable | 675.8K | 343.7K | 375.7K | 255.3K | 292.0K | 188.1K | |
Cash | 3.4K | 454.4K | 167.5K | 241.9K | 4.9K | 4.7K | |
Non Current Assets Total | 1.2M | 2.2M | 5.4M | 4.6M | 2.4M | 2.5M | |
Non Currrent Assets Other | (1.6M) | (2.8M) | 155.5K | (264.7K) | (58.7K) | (61.6K) | |
Cash And Short Term Investments | 3.4K | 565.6K | 692.0K | 241.9K | 4.9K | 4.7K | |
Common Stock Shares Outstanding | 7.2M | 9.7M | 16.3M | (0.09) | (0.17) | (0.16) | |
Liabilities And Stockholders Equity | 1.6M | 2.8M | 6.1M | 5.6M | 2.5M | 1.9M | |
Other Current Assets | 89.7K | (455.8K) | (180.8K) | (646.2K) | (5.6K) | (5.4K) | |
Other Stockholder Equity | 20.4M | 21.7M | 23.6M | 20.9M | 24.4M | 25.6M | |
Total Liab | 1.5M | 997.8K | 1.2M | 1.3M | 1.7M | 1.8M | |
Total Current Assets | 331.6K | 624.1K | 766.5K | 986.4K | 94.9K | 90.2K | |
Common Stock | 13.5M | 16.2M | 19.2M | 19.9M | 22.9M | 24.1M | |
Non Current Liabilities Total | 21.4K | 542.6K | 678.0K | 827.8K | 1.1M | 1.2M | |
Accumulated Other Comprehensive Income | 675.5K | 652.3K | 647.4K | 5.3M | 5.3M | 5.5M | |
Net Tangible Assets | 4.7M | 3.2M | 38.6K | 1.8M | 2.0M | 1.6M | |
Long Term Investments | 1.2M | 1.2M | 1.1M | 1.2M | 1.2M | 823.0K | |
Other Current Liab | 123.7K | 198.9K | 302.3K | (457.2K) | (571.0K) | (542.5K) | |
Short Long Term Debt Total | 715.6K | 455.2K | 516.0K | 457.2K | 571.0K | 499.4K | |
Short Long Term Debt | 658.2K | 446.3K | 516.0K | 457.2K | 571.0K | 382.1K | |
Short Term Debt | 694.2K | 455.2K | 516.0K | 457.2K | 571.0K | 387.6K | |
Property Plant Equipment | 2.4M | 3.6M | 46.8K | 999.0K | 899.1K | 1.2M | |
Net Invested Capital | 696.8K | 2.2M | 5.5M | 4.8M | 1.4M | 2.6M | |
Net Working Capital | (1.2M) | (373.7K) | (427.5K) | (298.5K) | (1.6M) | (1.5M) | |
Capital Stock | 13.5M | 16.2M | 19.2M | 19.9M | 22.9M | 18.5M |
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When running AIS Resources' price analysis, check to measure AIS Resources' 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 AIS Resources is operating at the current time. Most of AIS Resources' value examination focuses on studying past and present price action to predict the probability of AIS Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AIS Resources' price. Additionally, you may evaluate how the addition of AIS Resources to your portfolios can decrease your overall portfolio volatility.