A2Z Common Stock vs Property Plant And Equipment Net Analysis

AZ Stock  USD 0.42  0.04  10.53%   
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 Common Stock and its Property Plant And Equipment Net 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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Common Stock vs Property Plant And Equipment Net

Common Stock vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of A2Z Smart Technologies Common Stock account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between A2Z Smart's Common Stock and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant And Equipment Net 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 Common Stock and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of A2Z Smart Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock i.e., A2Z Smart's Common Stock and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, A2Z Smart's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 1.12 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

0.670.230.46-0.90.65-0.60.650.390.10.860.440.910.540.19-0.050.40.360.750.610.440.92-0.180.920.680.71
0.670.270.38-0.840.95-0.570.880.380.710.770.440.840.580.280.040.30.190.790.730.440.81-0.160.810.920.95
0.230.27-0.32-0.330.33-0.580.22-0.030.280.180.40.320.46-0.25-0.350.510.410.510.82-0.10.370.190.370.490.31
0.460.38-0.32-0.580.45-0.330.530.930.040.730.530.450.490.74-0.510.590.450.460.090.760.50.310.50.320.49
-0.9-0.84-0.33-0.58-0.890.77-0.88-0.59-0.42-0.97-0.66-0.98-0.76-0.390.21-0.58-0.5-0.91-0.78-0.62-0.990.0-0.99-0.89-0.93
0.650.950.330.45-0.89-0.70.960.480.740.840.590.880.730.39-0.080.440.360.880.790.570.87-0.020.870.980.99
-0.6-0.57-0.58-0.330.77-0.7-0.79-0.53-0.4-0.77-0.93-0.7-0.97-0.550.44-0.73-0.87-0.93-0.83-0.72-0.79-0.52-0.79-0.73-0.7
0.650.880.220.53-0.880.96-0.790.560.670.880.720.850.820.6-0.120.460.510.910.720.750.860.150.860.90.95
0.390.38-0.030.93-0.590.48-0.530.560.140.730.750.420.690.79-0.760.820.690.580.280.810.520.570.520.390.51
0.10.710.280.04-0.420.74-0.40.670.140.370.340.460.460.220.140.120.10.460.530.290.41-0.050.410.750.7
0.860.770.180.73-0.970.84-0.770.880.730.370.730.920.80.57-0.30.640.590.890.660.770.950.140.950.810.88
0.440.440.40.53-0.660.59-0.930.720.750.340.730.530.980.77-0.650.840.960.820.640.860.640.740.650.580.59
0.910.840.320.45-0.980.88-0.70.850.420.460.920.530.670.26-0.020.430.370.860.760.510.99-0.170.990.90.92
0.540.580.460.49-0.760.73-0.970.820.690.460.80.980.670.7-0.530.790.90.90.750.840.760.60.760.720.72
0.190.28-0.250.74-0.390.39-0.550.60.790.220.570.770.260.7-0.460.510.710.490.10.960.350.70.350.250.38
-0.050.04-0.35-0.510.21-0.080.44-0.12-0.760.14-0.3-0.65-0.02-0.53-0.46-0.9-0.73-0.36-0.28-0.44-0.15-0.78-0.15-0.07-0.09
0.40.30.510.59-0.580.44-0.730.460.820.120.640.840.430.790.51-0.90.850.680.60.60.550.660.550.460.46
0.360.190.410.45-0.50.36-0.870.510.690.10.590.960.370.90.71-0.730.850.690.520.790.510.830.510.360.36
0.750.790.510.46-0.910.88-0.930.910.580.460.890.820.860.90.49-0.360.680.690.890.680.910.290.910.880.88
0.610.730.820.09-0.780.79-0.830.720.280.530.660.640.760.750.1-0.280.60.520.890.310.790.130.790.880.78
0.440.44-0.10.76-0.620.57-0.720.750.810.290.770.860.510.840.96-0.440.60.790.680.310.590.610.60.460.57
0.920.810.370.5-0.990.87-0.790.860.520.410.950.640.990.760.35-0.150.550.510.910.790.59-0.021.00.890.9
-0.18-0.160.190.310.0-0.02-0.520.150.57-0.050.140.74-0.170.60.7-0.780.660.830.290.130.61-0.02-0.02-0.07-0.05
0.920.810.370.5-0.990.87-0.790.860.520.410.950.650.990.760.35-0.150.550.510.910.790.61.0-0.020.890.9
0.680.920.490.32-0.890.98-0.730.90.390.750.810.580.90.720.25-0.070.460.360.880.880.460.89-0.070.890.98
0.710.950.310.49-0.930.99-0.70.950.510.70.880.590.920.720.38-0.090.460.360.880.780.570.9-0.050.90.98
Click cells to compare fundamentals

A2Z Smart Account Relationship Matchups

A2Z Smart fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab422K376K1.1M956K2.5M2.6M
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)(83.0M)(78.9M)
Accounts Payable471K552K989K2.2M1.7M1.1M
Net Receivables978K258K1.2M2.3M1.8M1.1M
Inventory38K19K1.1M375K248.7K301.4K
Other Current Assets372K483K110K2.6M321.3K305.3K
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)11.5M5.3M1.6M1.5M
Net Debt126K(4.4M)(7.6M)14K(348.2K)(365.6K)
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 Outstanding13.5M16.8M23.3M27.7M34.7M21.4M
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)29.4M30.9M
Capital Stock6.6M10.4M28.3M43.5M55.5M58.3M
Net Working Capital6.2M4.9M8.6M705K(901K)(856.0K)
Common Stock6.6M10.4M28.3M43.5M55.2M58.0M

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When determining whether A2Z Smart Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of A2Z Smart's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of A2z Smart Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on A2z Smart Technologies Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the A2Z Smart Technologies information on this page should be used as a complementary analysis to other A2Z Smart's 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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Is A2Z Smart's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of A2Z Smart. If investors know A2Z will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about A2Z Smart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.46)
Revenue Per Share
0.327
Quarterly Revenue Growth
(0.66)
Return On Assets
(1.06)
Return On Equity
(62.27)
The market value of A2Z Smart Technologies is measured differently than its book value, which is the value of A2Z that is recorded on the company's balance sheet. Investors also form their own opinion of A2Z Smart's value that differs from its market value or its book value, called intrinsic value, which is A2Z Smart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because A2Z Smart's market value can be influenced by many factors that don't directly affect A2Z Smart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between A2Z Smart's value and its price as these two are different measures arrived at by different means. Investors typically determine if A2Z Smart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A2Z Smart's 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.