A2Z Total Assets vs Net Debt 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 Total Assets and its Net 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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of A2Z Smart Technologies Total Assets account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between A2Z Smart's Total Assets and Net Debt is -0.53. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net 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 Total Assets and Net 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 Total Assets of A2Z Smart Technologies are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., A2Z Smart's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Assets

Total assets refers to the total amount of A2Z Smart assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in A2Z Smart Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 Development	3.2M	4.5M	4.8M	2.9M
Gross Profit	656K	1.8M	1.4M	1.0M

Research Development Gross Profit

A2Z Smart fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Property Plant Equipment	Total Assets	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net
Other Current Liab		0.67	0.23	0.46	-0.9	0.65	-0.6	0.65	0.39	0.1	0.86	0.44	0.91	0.54	0.19	-0.05	0.4	0.36	0.75	0.61	0.44	0.92	-0.18	0.92	0.68	0.71
Total Current Liabilities	0.67		0.27	0.38	-0.84	0.95	-0.57	0.88	0.38	0.71	0.77	0.44	0.84	0.58	0.28	0.04	0.3	0.19	0.79	0.73	0.44	0.81	-0.16	0.81	0.92	0.95
Other Liab	0.23	0.27		-0.32	-0.33	0.33	-0.58	0.22	-0.03	0.28	0.18	0.4	0.32	0.46	-0.25	-0.35	0.51	0.41	0.51	0.82	-0.1	0.37	0.19	0.37	0.49	0.31
Net Tangible Assets	0.46	0.38	-0.32		-0.58	0.45	-0.33	0.53	0.93	0.04	0.73	0.53	0.45	0.49	0.74	-0.51	0.59	0.45	0.46	0.09	0.76	0.5	0.31	0.5	0.32	0.49
Retained Earnings	-0.9	-0.84	-0.33	-0.58		-0.89	0.77	-0.88	-0.59	-0.42	-0.97	-0.66	-0.98	-0.76	-0.39	0.21	-0.58	-0.5	-0.91	-0.78	-0.62	-0.99	0.0	-0.99	-0.89	-0.93
Accounts Payable	0.65	0.95	0.33	0.45	-0.89		-0.7	0.96	0.48	0.74	0.84	0.59	0.88	0.73	0.39	-0.08	0.44	0.36	0.88	0.79	0.57	0.87	-0.02	0.87	0.98	0.99
Other Assets	-0.6	-0.57	-0.58	-0.33	0.77	-0.7		-0.79	-0.53	-0.4	-0.77	-0.93	-0.7	-0.97	-0.55	0.44	-0.73	-0.87	-0.93	-0.83	-0.72	-0.79	-0.52	-0.79	-0.73	-0.7
Net Receivables	0.65	0.88	0.22	0.53	-0.88	0.96	-0.79		0.56	0.67	0.88	0.72	0.85	0.82	0.6	-0.12	0.46	0.51	0.91	0.72	0.75	0.86	0.15	0.86	0.9	0.95
Inventory	0.39	0.38	-0.03	0.93	-0.59	0.48	-0.53	0.56		0.14	0.73	0.75	0.42	0.69	0.79	-0.76	0.82	0.69	0.58	0.28	0.81	0.52	0.57	0.52	0.39	0.51
Other Current Assets	0.1	0.71	0.28	0.04	-0.42	0.74	-0.4	0.67	0.14		0.37	0.34	0.46	0.46	0.22	0.14	0.12	0.1	0.46	0.53	0.29	0.41	-0.05	0.41	0.75	0.7
Other Stockholder Equity	0.86	0.77	0.18	0.73	-0.97	0.84	-0.77	0.88	0.73	0.37		0.73	0.92	0.8	0.57	-0.3	0.64	0.59	0.89	0.66	0.77	0.95	0.14	0.95	0.81	0.88
Total Current Assets	0.44	0.44	0.4	0.53	-0.66	0.59	-0.93	0.72	0.75	0.34	0.73		0.53	0.98	0.77	-0.65	0.84	0.96	0.82	0.64	0.86	0.64	0.74	0.65	0.58	0.59
Property Plant Equipment	0.91	0.84	0.32	0.45	-0.98	0.88	-0.7	0.85	0.42	0.46	0.92	0.53		0.67	0.26	-0.02	0.43	0.37	0.86	0.76	0.51	0.99	-0.17	0.99	0.9	0.92
Total Assets	0.54	0.58	0.46	0.49	-0.76	0.73	-0.97	0.82	0.69	0.46	0.8	0.98	0.67		0.7	-0.53	0.79	0.9	0.9	0.75	0.84	0.76	0.6	0.76	0.72	0.72
Total Stockholder Equity	0.19	0.28	-0.25	0.74	-0.39	0.39	-0.55	0.6	0.79	0.22	0.57	0.77	0.26	0.7		-0.46	0.51	0.71	0.49	0.1	0.96	0.35	0.7	0.35	0.25	0.38
Net Debt	-0.05	0.04	-0.35	-0.51	0.21	-0.08	0.44	-0.12	-0.76	0.14	-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
Cash	0.4	0.3	0.51	0.59	-0.58	0.44	-0.73	0.46	0.82	0.12	0.64	0.84	0.43	0.79	0.51	-0.9		0.85	0.68	0.6	0.6	0.55	0.66	0.55	0.46	0.46
Cash And Short Term Investments	0.36	0.19	0.41	0.45	-0.5	0.36	-0.87	0.51	0.69	0.1	0.59	0.96	0.37	0.9	0.71	-0.73	0.85		0.69	0.52	0.79	0.51	0.83	0.51	0.36	0.36
Common Stock Shares Outstanding	0.75	0.79	0.51	0.46	-0.91	0.88	-0.93	0.91	0.58	0.46	0.89	0.82	0.86	0.9	0.49	-0.36	0.68	0.69		0.89	0.68	0.91	0.29	0.91	0.88	0.88
Total Liab	0.61	0.73	0.82	0.09	-0.78	0.79	-0.83	0.72	0.28	0.53	0.66	0.64	0.76	0.75	0.1	-0.28	0.6	0.52	0.89		0.31	0.79	0.13	0.79	0.88	0.78
Net Invested Capital	0.44	0.44	-0.1	0.76	-0.62	0.57	-0.72	0.75	0.81	0.29	0.77	0.86	0.51	0.84	0.96	-0.44	0.6	0.79	0.68	0.31		0.59	0.61	0.6	0.46	0.57
Capital Stock	0.92	0.81	0.37	0.5	-0.99	0.87	-0.79	0.86	0.52	0.41	0.95	0.64	0.99	0.76	0.35	-0.15	0.55	0.51	0.91	0.79	0.59		-0.02	1.0	0.89	0.9
Net Working Capital	-0.18	-0.16	0.19	0.31	0.0	-0.02	-0.52	0.15	0.57	-0.05	0.14	0.74	-0.17	0.6	0.7	-0.78	0.66	0.83	0.29	0.13	0.61	-0.02		-0.02	-0.07	-0.05
Common Stock	0.92	0.81	0.37	0.5	-0.99	0.87	-0.79	0.86	0.52	0.41	0.95	0.65	0.99	0.76	0.35	-0.15	0.55	0.51	0.91	0.79	0.6	1.0	-0.02		0.89	0.9
Short Long Term Debt Total	0.68	0.92	0.49	0.32	-0.89	0.98	-0.73	0.9	0.39	0.75	0.81	0.58	0.9	0.72	0.25	-0.07	0.46	0.36	0.88	0.88	0.46	0.89	-0.07	0.89		0.98
Property Plant And Equipment Net	0.71	0.95	0.31	0.49	-0.93	0.99	-0.7	0.95	0.51	0.7	0.88	0.59	0.92	0.72	0.38	-0.09	0.46	0.36	0.88	0.78	0.57	0.9	-0.05	0.9	0.98

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A2Z Smart Account Relationship Matchups

A2Z Smart fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	422K	376K	1.1M	956K	2.5M	2.6M
Total Current Liabilities	1.1M	1.3M	2.4M	6.2M	5.6M	2.9M
Other Liab	154K	8.9M	218K	2.6M	3.0M	2.2M
Net Tangible Assets	(1.5M)	(4.7M)	9.4M	1.9M	2.2M	2.3M
Retained Earnings	(4.1M)	(11.6M)	(50.8M)	(67.4M)	(83.0M)	(78.9M)
Accounts Payable	471K	552K	989K	2.2M	1.7M	1.1M
Net Receivables	978K	258K	1.2M	2.3M	1.8M	1.1M
Inventory	38K	19K	1.1M	375K	248.7K	301.4K
Other Current Assets	372K	483K	110K	2.6M	321.3K	305.3K
Other Stockholder Equity	5.6M	(1.3M)	34.8M	30.9M	35.5M	37.3M
Total Current Assets	7.3M	6.2M	11.0M	6.9M	4.7M	5.8M
Property Plant Equipment	328K	456K	1.1M	2.4M	2.7M	2.8M
Total Assets	10.0M	8.9M	14.1M	12.7M	8.5M	10.0M
Total Stockholder Equity	8.0M	(2.5M)	11.5M	5.3M	1.6M	1.5M
Net Debt	126K	(4.4M)	(7.6M)	14K	(348.2K)	(365.6K)
Cash	289K	5.4M	8.5M	2.6M	2.3M	3.5M
Non Current Assets Total	2.7M	2.7M	3.2M	5.8M	3.8M	3.3M
Cash And Short Term Investments	5.9M	5.4M	8.5M	2.6M	2.3M	4.6M
Common Stock Shares Outstanding	13.5M	16.8M	23.3M	27.7M	34.7M	21.4M
Liabilities And Stockholders Equity	10.0M	8.9M	14.1M	12.7M	8.5M	10.0M
Non Current Liabilities Total	363K	9.5M	852K	3.6M	5.2M	3.6M
Total Liab	1.5M	10.8M	3.2M	9.8M	10.8M	6.6M
Net Invested Capital	8.3M	(1.5M)	12.2M	7.0M	3.9M	5.5M
Accumulated Other Comprehensive Income	(70K)	(1.3M)	(708K)	(1.6M)	29.4M	30.9M
Capital Stock	6.6M	10.4M	28.3M	43.5M	55.5M	58.3M
Net Working Capital	6.2M	4.9M	8.6M	705K	(901K)	(856.0K)
Common Stock	6.6M	10.4M	28.3M	43.5M	55.2M	58.0M

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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:

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Is A2Z Stock a good investment?

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What is A2Z Smart's Net Worth?

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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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running A2Z Smart's price analysis, check to measure A2Z Smart's 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 A2Z Smart is operating at the current time. Most of A2Z Smart's value examination focuses on studying past and present price action to predict the probability of A2Z Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move A2Z Smart's price. Additionally, you may evaluate how the addition of A2Z Smart to your portfolios can decrease your overall portfolio volatility.

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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.

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A2Z Total Assets vs Net Debt Analysis

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Assets

Net Debt

A2Z Smart fundamental ratios Correlations

A2Z Smart Account Relationship Matchups

High Positive Relationship

High Negative Relationship

A2Z Smart fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Capital Stock
Property Plant And Equipment Net	+ 0.99	Accounts Payable
Capital Stock	+ 0.99	Property Plant Equipment
Common Stock	+ 0.99	Property Plant Equipment
Short Long Term Debt Total	+ 0.98	Accounts Payable
Total Assets	+ 0.98	Total Current Assets

Common Stock	- 0.99	Retained Earnings
Capital Stock	- 0.99	Retained Earnings
Property Plant Equipment	- 0.98	Retained Earnings
Total Assets	- 0.97	Other Assets
Other Stockholder Equity	- 0.97	Retained Earnings
Common Stock Shares Outstanding	- 0.93	Other Assets