AMR Historical Balance Sheet

AMR Stock

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Trend analysis of AM Resources Corp balance sheet accounts such as Other Current Liab of 171.3 K, Total Current Liabilities of 1.1 M or Total Stockholder Equity of 170.2 K provides information on AM Resources' total assets, liabilities, and equity, which is the actual value of AM Resources Corp to its prevalent stockholders. By breaking down trends over time using AM Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

AM Resources Inventory

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AM Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About AMR Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of AM Resources Corp at a specified time, usually calculated after every quarter, six months, or one year. AM Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AM Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which AMR currently owns. An asset can also be divided into two categories, current and non-current.

AM Resources Balance Sheet Chart

At this time, AM Resources' Total Current Liabilities is fairly stable compared to the past year. Long Term Debt is likely to climb to about 471.2 K in 2024, whereas Other Current Liabilities is likely to drop slightly above 171.3 K in 2024.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

Total Assets

Total assets refers to the total amount of AM Resources 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 AM Resources Corp 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.

Total Current Liabilities

Total Current Liabilities is an item on AM Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AM Resources Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from AM Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into AM Resources Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 AM Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	292.7K	213.8K	245.9K	171.3K
Total Assets	1.3M	1.3M	1.2M	1.1M

Other Current Liab Total Assets

AM Resources balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Cash	Non Current Assets Total	Long Term Debt	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Common Stock	Property Plant Equipment	Net Debt	Accounts Payable	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Short Term Investments	Other Current Assets	Capital Stock	Property Plant And Equipment Net
Total Assets		-0.68	-0.06	0.88	0.75	0.88	0.09	0.96	0.57	0.04	0.57	0.67	0.86	-0.71	0.1	-0.74	0.34	0.8	0.2	-0.93	0.98	-0.62	-0.73	0.93	-0.93	1.0
Other Current Liab	-0.68		0.5	-0.71	-0.56	-0.78	-0.12	-0.71	-0.67	-0.34	-0.67	-0.96	-0.57	0.83	0.12	0.76	0.1	-0.63	0.33	0.72	-0.79	0.09	0.91	-0.39	0.69	-0.68
Total Current Liabilities	-0.06	0.5		0.02	0.29	-0.5	0.14	-0.26	-0.79	0.19	-0.79	-0.63	-0.2	0.63	0.69	0.59	0.87	-0.48	0.95	0.4	-0.22	-0.25	0.22	0.09	0.1	-0.06
Total Stockholder Equity	0.88	-0.71	0.02		0.89	0.71	0.38	0.77	0.33	0.19	0.33	0.7	0.56	-0.58	0.39	-0.55	0.42	0.5	0.21	-0.76	0.91	-0.28	-0.76	0.76	-0.84	0.9
Net Tangible Assets	0.75	-0.56	0.29	0.89		0.45	0.59	0.55	0.02	0.53	0.02	0.45	0.41	-0.28	0.66	-0.25	0.66	0.22	0.41	-0.53	0.73	-0.17	-0.63	0.64	-0.68	0.75
Retained Earnings	0.88	-0.78	-0.5	0.71	0.45		-0.06	0.95	0.88	-0.15	0.88	0.85	0.88	-0.94	-0.27	-0.95	-0.14	0.93	-0.25	-0.97	0.93	-0.47	-0.73	0.77	-0.86	0.87
Cash	0.09	-0.12	0.14	0.38	0.59	-0.06		-0.15	-0.28	0.52	-0.28	0.06	-0.2	0.11	0.8	0.19	0.23	-0.38	0.03	0.03	0.13	0.58	-0.04	0.08	-0.12	0.07
Non Current Assets Total	0.96	-0.71	-0.26	0.77	0.55	0.95	-0.15		0.75	-0.12	0.75	0.74	0.91	-0.83	-0.18	-0.87	0.12	0.93	0.02	-0.97	0.96	-0.67	-0.74	0.87	-0.89	0.96
Long Term Debt	0.57	-0.67	-0.79	0.33	0.02	0.88	-0.28	0.75		-0.28	1.0	0.78	0.75	-0.93	-0.62	-0.95	-0.55	0.89	-0.59	-0.79	0.66	-0.31	-0.54	0.46	-0.58	0.55
Net Receivables	0.04	-0.34	0.19	0.19	0.53	-0.15	0.52	-0.12	-0.28		-0.28	0.1	-0.11	0.16	0.46	0.24	0.36	-0.29	0.13	0.15	0.05	0.3	-0.24	-0.16	0.05	0.02
Non Current Liabilities Total	0.57	-0.67	-0.79	0.33	0.02	0.88	-0.28	0.75	1.0	-0.28		0.78	0.75	-0.93	-0.62	-0.95	-0.55	0.89	-0.59	-0.79	0.66	-0.31	-0.54	0.46	-0.58	0.55
Other Stockholder Equity	0.67	-0.96	-0.63	0.7	0.45	0.85	0.06	0.74	0.78	0.1	0.78		0.56	-0.88	-0.24	-0.82	-0.25	0.7	-0.46	-0.78	0.8	-0.08	-0.84	0.41	-0.68	0.68
Total Liab	0.86	-0.57	-0.2	0.56	0.41	0.88	-0.2	0.91	0.75	-0.11	0.75	0.56		-0.79	-0.22	-0.86	0.08	0.91	0.06	-0.87	0.83	-0.74	-0.62	0.84	-0.84	0.84
Short Long Term Debt	-0.71	0.83	0.63	-0.58	-0.28	-0.94	0.11	-0.83	-0.93	0.16	-0.93	-0.88	-0.79		0.37	0.99	0.35	-0.87	0.42	0.86	-0.81	0.3	0.77	-0.57	0.79	-0.71
Total Current Assets	0.1	0.12	0.69	0.39	0.66	-0.27	0.8	-0.18	-0.62	0.46	-0.62	-0.24	-0.22	0.37		0.41	0.71	-0.51	0.61	0.19	0.05	0.25	-0.01	0.17	-0.11	0.1
Common Stock	-0.74	0.76	0.59	-0.55	-0.25	-0.95	0.19	-0.87	-0.95	0.24	-0.95	-0.82	-0.86	0.99	0.41		0.32	-0.92	0.36	0.89	-0.81	0.42	0.71	-0.64	0.8	-0.74
Property Plant Equipment	0.34	0.1	0.87	0.42	0.66	-0.14	0.23	0.12	-0.55	0.36	-0.55	-0.25	0.08	0.35	0.71	0.32		-0.17	0.92	0.0	0.2	-0.4	-0.14	0.38	-0.25	0.35
Net Debt	0.8	-0.63	-0.48	0.5	0.22	0.93	-0.38	0.93	0.89	-0.29	0.89	0.7	0.91	-0.87	-0.51	-0.92	-0.17		-0.21	-0.92	0.81	-0.67	-0.61	0.72	-0.76	0.79
Accounts Payable	0.2	0.33	0.95	0.21	0.41	-0.25	0.03	0.02	-0.59	0.13	-0.59	-0.46	0.06	0.42	0.61	0.36	0.92	-0.21		0.14	0.03	-0.5	0.05	0.34	-0.13	0.21
Common Stock Shares Outstanding	-0.93	0.72	0.4	-0.76	-0.53	-0.97	0.03	-0.97	-0.79	0.15	-0.79	-0.78	-0.87	0.86	0.19	0.89	0.0	-0.92	0.14		-0.95	0.53	0.7	-0.84	0.9	-0.93
Net Invested Capital	0.98	-0.79	-0.22	0.91	0.73	0.93	0.13	0.96	0.66	0.05	0.66	0.8	0.83	-0.81	0.05	-0.81	0.2	0.81	0.03	-0.95		-0.48	-0.79	0.87	-0.93	0.98
Net Working Capital	-0.62	0.09	-0.25	-0.28	-0.17	-0.47	0.58	-0.67	-0.31	0.3	-0.31	-0.08	-0.74	0.3	0.25	0.42	-0.4	-0.67	-0.5	0.53	-0.48		0.28	-0.69	0.51	-0.61
Short Term Investments	-0.73	0.91	0.22	-0.76	-0.63	-0.73	-0.04	-0.74	-0.54	-0.24	-0.54	-0.84	-0.62	0.77	-0.01	0.71	-0.14	-0.61	0.05	0.7	-0.79	0.28		-0.48	0.81	-0.75
Other Current Assets	0.93	-0.39	0.09	0.76	0.64	0.77	0.08	0.87	0.46	-0.16	0.46	0.41	0.84	-0.57	0.17	-0.64	0.38	0.72	0.34	-0.84	0.87	-0.69	-0.48		-0.86	0.92
Capital Stock	-0.93	0.69	0.1	-0.84	-0.68	-0.86	-0.12	-0.89	-0.58	0.05	-0.58	-0.68	-0.84	0.79	-0.11	0.8	-0.25	-0.76	-0.13	0.9	-0.93	0.51	0.81	-0.86		-0.93
Property Plant And Equipment Net	1.0	-0.68	-0.06	0.9	0.75	0.87	0.07	0.96	0.55	0.02	0.55	0.68	0.84	-0.71	0.1	-0.74	0.35	0.79	0.21	-0.93	0.98	-0.61	-0.75	0.92	-0.93

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AM Resources Account Relationship Matchups

AM Resources balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.8M	4.0M	1.3M	1.3M	1.2M	1.1M
Total Current Liabilities	1.7M	2.5M	454.0K	536.3K	616.8K	1.1M
Total Stockholder Equity	1.8M	1.2M	327.0K	199.0K	179.1K	170.2K
Net Tangible Assets	2.6M	1.8M	1.2M	327.0K	294.3K	279.6K
Retained Earnings	(5.6M)	(5.8M)	(8.9M)	(10.5M)	(9.4M)	(8.9M)
Cash	3.3K	76.0K	265.8K	102.5K	92.3K	87.7K
Non Current Assets Total	3.3M	3.2M	846.7K	998.0K	898.2K	853.3K
Long Term Debt	32.5K	27.5K	242.3K	285.7K	257.1K	471.2K
Net Receivables	188.9K	6.7K	1.7K	134.3K	120.9K	97.9K
Non Current Liabilities Total	32.5K	27.5K	242.3K	285.7K	257.1K	471.2K
Other Stockholder Equity	(31.4K)	(67.3K)	(460.2K)	(298.1K)	(268.3K)	(254.9K)
Total Liab	1.7M	2.5M	696.3K	822.0K	739.8K	1.4M
Short Long Term Debt	464K	828.1K	973.4K	1.2M	1.4M	834.6K
Total Current Assets	584.7K	808.0K	446.3K	286.1K	257.5K	482.9K
Common Stock	2.1M	6.7M	7.1M	8.8M	10.2M	6.1M
Property Plant Equipment	2.5M	3.3M	3.2M	846.7K	973.7K	925.0K
Net Debt	84.4K	1.0M	1.1M	183.2K	164.8K	156.6K
Accounts Payable	672.9K	931.0K	155.6K	277.8K	250.0K	369.7K
Net Invested Capital	2.8M	2.4M	569.3K	484.7K	436.2K	414.4K
Net Working Capital	(1.1M)	(1.7M)	(7.7K)	(250.2K)	(287.8K)	(302.2K)
Other Current Assets	265.2K	601.7K	94.7K	49.3K	44.4K	42.1K

Pair Trading with AM Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AM Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AM Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against AMR Stock

0.55	QBR-A	Quebecor	Pair Corr
0.43	THRM	Therma Bright	Pair Corr

The ability to find closely correlated positions to AM Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AM Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AM Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AM Resources Corp to buy it.

The correlation of AM Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AM Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AM Resources Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for AM Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for AMR Stock Analysis

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

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