AIS Ptb Ratio vs Capex To Depreciation Analysis

AIS Stock

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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 Ptb Ratio and its Capex To Depreciation 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.

Ptb Ratio vs Capex To Depreciation

Ptb Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AIS Resources Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.

The correlation between AIS Resources' Ptb Ratio and Capex To Depreciation is 0.1. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation 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' Ptb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of AIS Resources are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., AIS Resources' Ptb Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

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Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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

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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

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