Aura Other Current Assets vs Property Plant And Equipment Gross 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 Other Current Assets and its Property Plant And Equipment Gross 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.

Other Current Assets vs Property Plant And Equipment Gross

Other Current Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aura Minerals Other Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aura Minerals' Other Current Assets and Property Plant And Equipment Gross is 0.71. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Gross 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' Other Current Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Aura Minerals are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Current Assets i.e., Aura Minerals' Other Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Property Plant And Equipment Gross

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 4th 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Aura Minerals' price analysis, check to measure Aura Minerals' 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 Aura Minerals is operating at the current time. Most of Aura Minerals' value examination focuses on studying past and present price action to predict the probability of Aura Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aura Minerals' price. Additionally, you may evaluate how the addition of Aura Minerals to your portfolios can decrease your overall portfolio volatility.
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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.