AIS Net Debt vs Non Current Liabilities Total 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 Net Debt and its Non Current Liabilities Total 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.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AIS Resources Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between AIS Resources' Net Debt and Non Current Liabilities Total is 0.72. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total 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' Net Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of AIS Resources are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., AIS Resources' Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

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

Research Development Non Recurring

AIS Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Current Liabilities Total	Inventory	Net Tangible Assets	Long Term Investments	Other Current Liab	Short Long Term Debt Total	Short Long Term Debt
Total Assets		0.48	0.96	0.89	-0.01	-0.54	0.44	0.16	0.92	-0.14	0.27	0.58	0.43	0.62	0.35	0.49	0.47	0.44	0.58	-0.03	0.74	0.73	0.57	0.04	0.59	0.51
Total Current Liabilities	0.48		0.26	0.41	0.66	-0.96	0.65	-0.46	0.67	0.22	-0.42	0.31	0.0	0.21	-0.1	0.86	1.0	-0.26	0.93	0.53	0.8	0.28	0.87	-0.4	0.82	0.93
Total Stockholder Equity	0.96	0.26		0.86	-0.21	-0.34	0.23	0.33	0.83	-0.2	0.43	0.51	0.45	0.59	0.43	0.31	0.25	0.56	0.41	-0.17	0.59	0.74	0.35	0.1	0.41	0.26
Property Plant And Equipment Net	0.89	0.41	0.86		0.21	-0.46	0.28	-0.13	0.94	-0.2	-0.02	0.53	0.55	0.71	0.38	0.31	0.4	0.11	0.52	0.18	0.51	0.67	0.45	0.1	0.45	0.46
Net Debt	-0.01	0.66	-0.21	0.21		-0.64	0.35	-0.96	0.35	0.24	-0.93	0.09	-0.06	0.29	-0.33	0.49	0.66	-0.86	0.6	0.72	0.16	-0.17	0.6	-0.19	0.46	0.69
Retained Earnings	-0.54	-0.96	-0.34	-0.46	-0.64		-0.55	0.45	-0.72	-0.22	0.39	-0.3	0.07	-0.32	0.15	-0.94	-0.96	0.22	-0.99	-0.47	-0.8	-0.36	-0.92	0.44	-0.83	-0.9
Accounts Payable	0.44	0.65	0.23	0.28	0.35	-0.55		-0.14	0.47	-0.17	-0.09	0.38	0.32	0.21	0.17	0.51	0.65	0.0	0.47	-0.02	0.63	0.22	0.72	0.23	0.74	0.74
Cash	0.16	-0.46	0.33	-0.13	-0.96	0.45	-0.14		-0.2	-0.23	0.98	0.0	0.09	-0.26	0.34	-0.31	-0.46	0.93	-0.43	-0.7	0.08	0.26	-0.41	0.15	-0.29	-0.49
Non Current Assets Total	0.92	0.67	0.83	0.94	0.35	-0.72	0.47	-0.2		-0.08	-0.09	0.53	0.43	0.66	0.27	0.6	0.67	0.07	0.76	0.25	0.72	0.67	0.7	-0.05	0.69	0.68
Non Currrent Assets Other	-0.14	0.22	-0.2	-0.2	0.24	-0.22	-0.17	-0.23	-0.08		-0.18	-0.25	-0.76	0.21	-0.83	0.35	0.22	-0.14	0.19	0.52	0.0	-0.6	0.16	-0.47	-0.11	0.14
Cash And Short Term Investments	0.27	-0.42	0.43	-0.02	-0.93	0.39	-0.09	0.98	-0.09	-0.18		-0.03	0.11	-0.09	0.31	-0.23	-0.42	0.95	-0.36	-0.67	0.14	0.29	-0.34	0.23	-0.24	-0.43
Net Receivables	0.58	0.31	0.51	0.53	0.09	-0.3	0.38	0.0	0.53	-0.25	-0.03		0.25	0.21	0.28	0.19	0.31	0.23	0.29	-0.09	0.37	0.38	0.38	-0.15	0.4	0.36
Common Stock Shares Outstanding	0.43	0.0	0.45	0.55	-0.06	0.07	0.32	0.09	0.43	-0.76	0.11	0.25		0.11	0.86	-0.28	0.0	0.08	-0.03	-0.19	0.17	0.64	-0.03	0.56	0.26	0.09
Short Term Investments	0.62	0.21	0.59	0.71	0.29	-0.32	0.21	-0.26	0.66	0.21	-0.09	0.21	0.11		-0.14	0.35	0.21	0.0	0.34	0.14	0.19	0.13	0.41	0.28	0.26	0.34
Other Current Assets	0.35	-0.1	0.43	0.38	-0.33	0.15	0.17	0.34	0.27	-0.83	0.31	0.28	0.86	-0.14		-0.3	-0.1	0.29	-0.08	-0.51	0.12	0.77	-0.16	0.28	0.23	-0.12
Other Stockholder Equity	0.49	0.86	0.31	0.31	0.49	-0.94	0.51	-0.31	0.6	0.35	-0.23	0.19	-0.28	0.35	-0.3		0.86	-0.06	0.92	0.33	0.77	0.24	0.89	-0.42	0.78	0.81
Total Liab	0.47	1.0	0.25	0.4	0.66	-0.96	0.65	-0.46	0.67	0.22	-0.42	0.31	0.0	0.21	-0.1	0.86		-0.26	0.93	0.53	0.8	0.28	0.87	-0.4	0.82	0.94
Total Current Assets	0.44	-0.26	0.56	0.11	-0.86	0.22	0.0	0.93	0.07	-0.14	0.95	0.23	0.08	0.0	0.29	-0.06	-0.26		-0.2	-0.64	0.3	0.36	-0.17	0.11	-0.07	-0.26
Common Stock	0.58	0.93	0.41	0.52	0.6	-0.99	0.47	-0.43	0.76	0.19	-0.36	0.29	-0.03	0.34	-0.08	0.92	0.93	-0.2		0.45	0.79	0.44	0.88	-0.47	0.81	0.85
Non Current Liabilities Total	-0.03	0.53	-0.17	0.18	0.72	-0.47	-0.02	-0.7	0.25	0.52	-0.67	-0.09	-0.19	0.14	-0.51	0.33	0.53	-0.64	0.45		0.18	-0.28	0.31	-0.32	0.08	0.51
Inventory	0.74	0.8	0.59	0.51	0.16	-0.8	0.63	0.08	0.72	0.0	0.14	0.37	0.17	0.19	0.12	0.77	0.8	0.3	0.79	0.18		0.55	0.74	-0.18	0.74	0.78
Net Tangible Assets	0.73	0.28	0.74	0.67	-0.17	-0.36	0.22	0.26	0.67	-0.6	0.29	0.38	0.64	0.13	0.77	0.24	0.28	0.36	0.44	-0.28	0.55		0.3	-0.04	0.52	0.23
Long Term Investments	0.57	0.87	0.35	0.45	0.6	-0.92	0.72	-0.41	0.7	0.16	-0.34	0.38	-0.03	0.41	-0.16	0.89	0.87	-0.17	0.88	0.31	0.74	0.3		-0.24	0.85	0.88
Other Current Liab	0.04	-0.4	0.1	0.1	-0.19	0.44	0.23	0.15	-0.05	-0.47	0.23	-0.15	0.56	0.28	0.28	-0.42	-0.4	0.11	-0.47	-0.32	-0.18	-0.04	-0.24		-0.15	-0.15
Short Long Term Debt Total	0.59	0.82	0.41	0.45	0.46	-0.83	0.74	-0.29	0.69	-0.11	-0.24	0.4	0.26	0.26	0.23	0.78	0.82	-0.07	0.81	0.08	0.74	0.52	0.85	-0.15		0.82
Short Long Term Debt	0.51	0.93	0.26	0.46	0.69	-0.9	0.74	-0.49	0.68	0.14	-0.43	0.36	0.09	0.34	-0.12	0.81	0.94	-0.26	0.85	0.51	0.78	0.23	0.88	-0.15	0.82

Click cells to compare fundamentals

AIS Resources Account Relationship Matchups

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for AIS Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC