Aura Interest Expense vs Discontinued Operations Analysis

ORA Stock  CAD 10.40  0.19  1.86%   
Aura Minerals financial indicator trend analysis is way more than just evaluating Aura Minerals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aura Minerals is a good investment. Please check the relationship between Aura Minerals Interest Expense and its Discontinued Operations accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Aura Minerals. 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.

Interest Expense vs Discontinued Operations

Interest Expense vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aura Minerals Interest Expense account and Discontinued Operations. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aura Minerals' Interest Expense and Discontinued Operations is 0.78. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Aura Minerals, assuming nothing else is changed. The correlation between historical values of Aura Minerals' Interest Expense and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Aura Minerals are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Interest Expense i.e., Aura Minerals' Interest Expense and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Discontinued Operations

Most indicators from Aura Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aura Minerals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Aura Minerals. 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.
At this time, Aura Minerals' Discontinued Operations is very stable compared to the past year. As of the 5th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.10, while Selling General Administrative is likely to drop about 15 M.

Aura Minerals fundamental ratios Correlations

0.010.57-0.130.080.290.29-0.160.40.40.06-0.06-0.070.19-0.070.010.070.090.7-0.03-0.44-0.24-0.280.170.45-0.18
0.010.48-0.250.940.82-0.160.950.610.620.910.220.930.910.730.950.820.850.560.91-0.720.90.850.420.250.92
0.570.480.10.620.520.40.470.590.590.70.110.480.570.430.580.760.760.640.59-0.610.450.240.380.660.42
-0.13-0.250.1-0.25-0.490.2-0.09-0.73-0.73-0.02-0.070.0-0.01-0.14-0.070.030.02-0.160.020.660.00.15-0.53-0.240.02
0.080.940.62-0.250.890.030.940.690.70.950.170.90.870.730.940.910.920.590.91-0.790.90.70.450.310.87
0.290.820.52-0.490.89-0.110.730.780.790.750.120.730.780.650.770.670.70.710.7-0.870.660.480.550.220.66
0.29-0.160.40.20.03-0.11-0.040.110.110.14-0.14-0.04-0.060.020.030.260.220.030.07-0.090.02-0.22-0.290.37-0.09
-0.160.950.47-0.090.940.73-0.040.490.510.950.220.960.880.750.970.890.90.410.97-0.60.990.870.360.210.98
0.40.610.59-0.730.690.780.110.491.00.570.130.420.460.480.540.560.570.530.47-0.960.420.140.690.620.36
0.40.620.59-0.730.70.790.110.511.00.580.120.430.470.490.550.580.580.530.48-0.960.430.150.690.630.38
0.060.910.7-0.020.950.750.140.950.570.580.180.920.880.750.970.980.990.520.97-0.670.940.760.390.410.91
-0.060.220.11-0.070.170.12-0.140.220.130.120.180.030.070.20.090.190.250.380.29-0.130.210.330.380.070.34
-0.070.930.480.00.90.73-0.040.960.420.430.920.030.950.720.980.840.850.440.94-0.540.950.860.250.140.94
0.190.910.57-0.010.870.78-0.060.880.460.470.880.070.950.670.940.790.810.650.9-0.590.850.80.290.160.89
-0.070.730.43-0.140.730.650.020.750.480.490.750.20.720.670.770.670.70.350.71-0.540.740.620.490.240.73
0.010.950.58-0.070.940.770.030.970.540.550.970.090.980.940.770.90.910.490.96-0.650.950.820.360.30.94
0.070.820.760.030.910.670.260.890.560.580.980.190.840.790.670.90.990.480.92-0.650.890.660.380.50.83
0.090.850.760.020.920.70.220.90.570.580.990.250.850.810.70.910.990.530.94-0.660.90.690.40.470.86
0.70.560.64-0.160.590.710.030.410.530.530.520.380.440.650.350.490.480.530.5-0.650.330.350.330.230.45
-0.030.910.590.020.910.70.070.970.470.480.970.290.940.90.710.960.920.940.5-0.570.970.850.360.30.97
-0.44-0.72-0.610.66-0.79-0.87-0.09-0.6-0.96-0.96-0.67-0.13-0.54-0.59-0.54-0.65-0.65-0.66-0.65-0.57-0.52-0.26-0.65-0.57-0.48
-0.240.90.450.00.90.660.020.990.420.430.940.210.950.850.740.950.890.90.330.97-0.520.860.310.180.97
-0.280.850.240.150.70.48-0.220.870.140.150.760.330.860.80.620.820.660.690.350.85-0.260.860.09-0.060.94
0.170.420.38-0.530.450.55-0.290.360.690.690.390.380.250.290.490.360.380.40.330.36-0.650.310.090.560.3
0.450.250.66-0.240.310.220.370.210.620.630.410.070.140.160.240.30.50.470.230.3-0.570.18-0.060.560.1
-0.180.920.420.020.870.66-0.090.980.360.380.910.340.940.890.730.940.830.860.450.97-0.480.970.940.30.1
Click cells to compare fundamentals

Aura Minerals Account Relationship Matchups

Aura Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab26.8M39.0M43.0M28.7M2.1M2.0M
Total Current Liabilities87.4M120.7M146.6M161.1M197.4M207.3M
Total Stockholder Equity195.6M312.7M272.3M310.1M314.8M160.4M
Retained Earnings(434.5M)(366.0M)(408.1M)(361.9M)(401.5M)(381.4M)
Accounts Payable34.6M38.3M39.6M46.9M57.4M60.3M
Common Stock Shares Outstanding65.9M69.1M72.5M72.6M72.3M75.9M
Other Stockholder Equity55.4M55.9M55.0M55.3M63.6M117.0M
Total Liab154.9M223.5M320.2M417.2M609.0M639.5M
Common Stock Total Equity548.2M569.1M569.3M618.1M710.8M550.9M
Common Stock569.3M618.1M621.1M612.0M703.8M572.1M
Total Assets350.5M536.2M592.5M727.3M923.8M970.0M
Net Debt4.1M(44.4M)(2.3M)125.4M13.4M8.6M
Cash38.9M117.8M161.5M127.9M237.3M249.2M
Cash And Short Term Investments38.9M117.8M161.5M127.9M147.1M154.4M
Liabilities And Stockholders Equity350.5M536.2M592.5M727.3M836.4M878.2M
Other Current Assets6.4M17.3M12.0M22.2M25.6M26.9M
Total Current Assets110.2M217.4M272.5M247.6M378.9M397.9M
Property Plant And Equipment Net212.5M271.2M285.8M378.5M488.7M513.2M
Non Current Assets Total240.3M318.8M320.0M479.7M544.9M572.1M
Net Receivables31.5M35.8M42.4M54.5M17.6M19.9M
Property Plant And Equipment Gross212.5M271.2M674.5M786.1M944.8M992.0M
Accumulated Other Comprehensive Income5.4M4.8M4.2M4.7M5.4M5.7M
Short Term Investments849K1.1M1.1M474K426.6K405.3K
Non Current Liabilities Total67.5M102.8M173.6M256.0M411.6M432.2M
Short Term Debt22.1M30.4M58.8M85.6M98.4M103.3M
Non Currrent Assets Other9.8M10.2M13.3M15.7M13.2M11.1M
Inventory33.5M46.5M56.6M43.0M46.7M47.3M
Short Long Term Debt Total43.0M73.4M159.1M253.3M291.3M305.9M
Current Deferred Revenue3.7M3.9M13.0M5.2M5.9M5.0M
Other Liab46.1M59.8M70.5M88.3M101.6M52.7M
Net Tangible Assets195.6M312.7M272.3M310.1M356.6M189.1M
Other Assets27.8M47.7M34.2M41.2M47.4M24.9M
Property Plant Equipment212.5M271.2M285.8M378.5M435.3M457.1M
Long Term Debt20.9M41.9M99.9M140.8M250.7M263.3M
Long Term Debt Total21.4M43.0M100.3M167.7M192.9M202.5M
Capital Surpluse55.4M55.9M55.0M55.3M63.6M60.6M
Non Current Liabilities Other744K560K1.0M(1K)(900.0)(855.0)
Cash And Equivalents38.9M117.8M161.5M127.9M147.1M75.3M
Net Invested Capital216.5M354.7M372.1M451.0M565.5M357.6M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aura Minerals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aura Minerals' short interest history, or implied volatility extrapolated from Aura Minerals options trading.

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Aura Minerals. 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.
Note that the Aura Minerals information on this page should be used as a complementary analysis to other Aura Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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