A2Z Net Working Capital vs Long Term Debt Analysis

AZ Stock  USD 6.55  0.11  1.71%   
A2Z Smart financial indicator trend analysis is way more than just evaluating A2Z Smart Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether A2Z Smart Technologies is a good investment. Please check the relationship between A2Z Smart Net Working Capital and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in A2Z Smart Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Working Capital vs Long Term Debt

Net Working Capital vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of A2Z Smart Technologies Net Working Capital account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between A2Z Smart's Net Working Capital and Long Term Debt is 0.59. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of A2Z Smart Technologies, assuming nothing else is changed. The correlation between historical values of A2Z Smart's Net Working Capital and Long Term Debt 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 Working Capital of A2Z Smart Technologies are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Working Capital i.e., A2Z Smart's Net Working Capital and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Net Working Capital

Long Term Debt

Long-term debt is a debt that A2Z Smart Technologies has held for over one year. Long-term debt appears on A2Z Smart Technologies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on A2Z Smart Technologies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from A2Z Smart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into A2Z Smart Technologies 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 A2Z Smart Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Selling General Administrative is likely to rise to about 13.6 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Research Development3.2M4.5M4.8M2.9M
Gross Profit656K1.8M1.4M1.0M

A2Z Smart fundamental ratios Correlations

0.730.240.47-0.930.71-0.630.730.410.390.880.470.950.580.39-0.020.40.360.570.650.470.95-0.180.950.740.77
0.730.270.38-0.840.95-0.570.780.380.80.770.440.840.580.340.040.30.190.660.730.440.81-0.160.810.920.95
0.240.27-0.32-0.330.33-0.580.15-0.030.360.180.40.320.46-0.21-0.350.510.410.510.82-0.10.370.190.370.490.31
0.470.38-0.32-0.580.45-0.330.630.930.080.730.530.450.490.77-0.510.590.450.460.090.760.50.310.50.320.49
-0.93-0.84-0.33-0.58-0.890.77-0.87-0.59-0.58-0.97-0.65-0.98-0.76-0.530.19-0.58-0.5-0.78-0.78-0.62-0.990.0-0.99-0.89-0.93
0.710.950.330.45-0.89-0.70.870.480.830.840.590.880.720.46-0.070.430.360.80.790.570.87-0.020.870.970.99
-0.63-0.57-0.58-0.330.77-0.7-0.83-0.53-0.51-0.77-0.93-0.7-0.97-0.640.43-0.72-0.87-0.94-0.83-0.72-0.79-0.52-0.79-0.73-0.7
0.730.780.150.63-0.870.87-0.830.650.560.910.790.810.860.78-0.230.530.630.840.650.850.850.30.850.790.87
0.410.38-0.030.93-0.590.48-0.530.650.160.730.750.420.690.8-0.750.820.690.670.280.810.520.570.520.390.51
0.390.80.360.08-0.580.83-0.510.560.160.50.40.630.540.230.140.180.160.670.650.330.58-0.10.580.850.81
0.880.770.180.73-0.970.84-0.770.910.730.50.730.920.80.7-0.30.640.590.810.660.770.950.140.950.810.88
0.470.440.40.53-0.650.59-0.930.790.750.40.730.530.980.81-0.650.840.960.940.640.860.650.740.650.580.59
0.950.840.320.45-0.980.88-0.70.810.420.630.920.530.670.41-0.010.430.370.710.760.510.99-0.170.990.90.92
0.580.580.460.49-0.760.72-0.970.860.690.540.80.980.670.76-0.530.790.90.980.750.840.760.60.760.720.72
0.390.34-0.210.77-0.530.46-0.640.780.80.230.70.810.410.76-0.430.550.750.690.180.990.50.630.50.340.47
-0.020.04-0.35-0.510.19-0.070.43-0.23-0.750.14-0.3-0.65-0.01-0.53-0.43-0.9-0.73-0.49-0.27-0.43-0.14-0.79-0.14-0.07-0.08
0.40.30.510.59-0.580.43-0.720.530.820.180.640.840.430.790.55-0.90.850.780.590.60.540.660.540.460.46
0.360.190.410.45-0.50.36-0.870.630.690.160.590.960.370.90.75-0.730.850.820.520.790.510.830.510.360.36
0.570.660.510.46-0.780.8-0.940.840.670.670.810.940.710.980.69-0.490.780.820.80.770.780.510.780.810.79
0.650.730.820.09-0.780.79-0.830.650.280.650.660.640.760.750.18-0.270.590.520.80.310.790.130.790.880.78
0.470.44-0.10.76-0.620.57-0.720.850.810.330.770.860.510.840.99-0.430.60.790.770.310.590.610.590.460.57
0.950.810.370.5-0.990.87-0.790.850.520.580.950.650.990.760.5-0.140.540.510.780.790.59-0.021.00.890.9
-0.18-0.160.190.310.0-0.02-0.520.30.57-0.10.140.74-0.170.60.63-0.790.660.830.510.130.61-0.02-0.02-0.07-0.05
0.950.810.370.5-0.990.87-0.790.850.520.580.950.650.990.760.5-0.140.540.510.780.790.591.0-0.020.890.9
0.740.920.490.32-0.890.97-0.730.790.390.850.810.580.90.720.34-0.070.460.360.810.880.460.89-0.070.890.98
0.770.950.310.49-0.930.99-0.70.870.510.810.880.590.920.720.47-0.080.460.360.790.780.570.9-0.050.90.98
Click cells to compare fundamentals

A2Z Smart Account Relationship Matchups

A2Z Smart fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab422K387K1.1M1.3M2.5M2.7M
Total Current Liabilities1.1M1.3M2.4M6.2M5.6M2.9M
Other Liab154K8.9M218K2.6M3.0M2.2M
Net Tangible Assets(1.5M)(4.7M)9.4M1.9M2.2M2.3M
Retained Earnings(4.1M)(11.6M)(50.8M)(67.4M)(83.5M)(79.3M)
Accounts Payable471K541K989K2.2M1.7M1.1M
Net Receivables978K196K1.2M1.4M1.5M906.9K
Inventory38K19K1.1M375K250K301.6K
Other Current Assets372K573K110K2.6M660K711.9K
Other Stockholder Equity5.6M(1.3M)34.8M30.9M35.5M37.3M
Total Current Assets7.3M6.2M11.0M6.9M4.7M5.8M
Property Plant Equipment328K456K1.1M2.4M2.7M2.8M
Total Assets10.0M8.9M14.1M12.7M8.5M10.0M
Total Stockholder Equity8.0M(2.5M)11.5M5.3M2.5M4.6M
Net Debt126K(4.4M)(7.6M)14K(273K)(286.7K)
Cash289K5.4M8.5M2.6M2.3M3.5M
Non Current Assets Total2.7M2.7M3.2M5.8M3.8M3.3M
Cash And Short Term Investments5.9M5.4M8.5M2.6M2.3M4.6M
Common Stock Shares Outstanding13.5M16.8M23.3M27.7M13.9M17.6M
Liabilities And Stockholders Equity10.0M8.9M14.1M12.7M8.5M10.0M
Non Current Liabilities Total363K9.5M852K3.6M5.2M3.6M
Total Liab1.5M10.8M3.2M9.8M10.8M6.6M
Net Invested Capital8.3M(1.5M)12.2M7.0M3.9M5.5M
Accumulated Other Comprehensive Income(70K)(1.3M)(708K)(1.6M)30.5M32.0M
Capital Stock6.6M10.4M28.3M43.5M55.5M58.3M
Net Working Capital6.2M4.9M8.6M705K(901K)(856.0K)
Common Stock6.6M10.4M28.3M43.5M55.5M58.3M

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