Aura Net Income vs Change To Liabilities 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 Net Income and its Change To Liabilities 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.
Net Income vs Change To Liabilities
Net Income vs Change To Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aura Minerals Net Income account and Change To Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Aura Minerals' Net Income and Change To Liabilities is 0.33. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Liabilities 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' Net Income and Change To Liabilities 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 Income of Aura Minerals are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Income i.e., Aura Minerals' Net Income and Change To Liabilities go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Aura Minerals financial statement analysis. It represents the amount of money remaining after all of Aura Minerals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change To Liabilities
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
Click cells to compare fundamentals
Aura Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aura Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 26.8M | 39.0M | 43.0M | 28.7M | 2.1M | 2.0M | |
Total Current Liabilities | 87.4M | 120.7M | 146.6M | 161.1M | 197.4M | 207.3M | |
Total Stockholder Equity | 195.6M | 312.7M | 272.3M | 310.1M | 314.8M | 160.4M | |
Retained Earnings | (434.5M) | (366.0M) | (408.1M) | (361.9M) | (401.5M) | (381.4M) | |
Accounts Payable | 34.6M | 38.3M | 39.6M | 46.9M | 57.4M | 60.3M | |
Common Stock Shares Outstanding | 65.9M | 69.1M | 72.5M | 72.6M | 72.3M | 75.9M | |
Other Stockholder Equity | 55.4M | 55.9M | 55.0M | 55.3M | 63.6M | 117.0M | |
Total Liab | 154.9M | 223.5M | 320.2M | 417.2M | 609.0M | 639.5M | |
Common Stock Total Equity | 548.2M | 569.1M | 569.3M | 618.1M | 710.8M | 550.9M | |
Common Stock | 569.3M | 618.1M | 621.1M | 612.0M | 703.8M | 572.1M | |
Total Assets | 350.5M | 536.2M | 592.5M | 727.3M | 923.8M | 970.0M | |
Net Debt | 4.1M | (44.4M) | (2.3M) | 125.4M | 13.4M | 8.6M | |
Cash | 38.9M | 117.8M | 161.5M | 127.9M | 237.3M | 249.2M | |
Cash And Short Term Investments | 38.9M | 117.8M | 161.5M | 127.9M | 147.1M | 154.4M | |
Liabilities And Stockholders Equity | 350.5M | 536.2M | 592.5M | 727.3M | 836.4M | 878.2M | |
Other Current Assets | 6.4M | 17.3M | 12.0M | 22.2M | 25.6M | 26.9M | |
Total Current Assets | 110.2M | 217.4M | 272.5M | 247.6M | 378.9M | 397.9M | |
Property Plant And Equipment Net | 212.5M | 271.2M | 285.8M | 378.5M | 488.7M | 513.2M | |
Non Current Assets Total | 240.3M | 318.8M | 320.0M | 479.7M | 544.9M | 572.1M | |
Net Receivables | 31.5M | 35.8M | 42.4M | 54.5M | 17.6M | 19.9M | |
Property Plant And Equipment Gross | 212.5M | 271.2M | 674.5M | 786.1M | 944.8M | 992.0M | |
Accumulated Other Comprehensive Income | 5.4M | 4.8M | 4.2M | 4.7M | 5.4M | 5.7M | |
Short Term Investments | 849K | 1.1M | 1.1M | 474K | 426.6K | 405.3K | |
Non Current Liabilities Total | 67.5M | 102.8M | 173.6M | 256.0M | 411.6M | 432.2M | |
Short Term Debt | 22.1M | 30.4M | 58.8M | 85.6M | 98.4M | 103.3M | |
Non Currrent Assets Other | 9.8M | 10.2M | 13.3M | 15.7M | 13.2M | 11.1M | |
Inventory | 33.5M | 46.5M | 56.6M | 43.0M | 46.7M | 47.3M | |
Short Long Term Debt Total | 43.0M | 73.4M | 159.1M | 253.3M | 291.3M | 305.9M | |
Current Deferred Revenue | 3.7M | 3.9M | 13.0M | 5.2M | 5.9M | 5.0M | |
Other Liab | 46.1M | 59.8M | 70.5M | 88.3M | 101.6M | 52.7M | |
Net Tangible Assets | 195.6M | 312.7M | 272.3M | 310.1M | 356.6M | 189.1M | |
Other Assets | 27.8M | 47.7M | 34.2M | 41.2M | 47.4M | 24.9M | |
Property Plant Equipment | 212.5M | 271.2M | 285.8M | 378.5M | 435.3M | 457.1M | |
Long Term Debt | 20.9M | 41.9M | 99.9M | 140.8M | 250.7M | 263.3M | |
Long Term Debt Total | 21.4M | 43.0M | 100.3M | 167.7M | 192.9M | 202.5M | |
Capital Surpluse | 55.4M | 55.9M | 55.0M | 55.3M | 63.6M | 60.6M | |
Non Current Liabilities Other | 744K | 560K | 1.0M | (1K) | (900.0) | (855.0) | |
Cash And Equivalents | 38.9M | 117.8M | 161.5M | 127.9M | 147.1M | 75.3M | |
Net Invested Capital | 216.5M | 354.7M | 372.1M | 451.0M | 565.5M | 357.6M |
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