A2Z Historical Balance Sheet

AZ Stock  USD 0.44  0.08  22.22%   
Trend analysis of A2Z Smart Technologies balance sheet accounts such as Total Current Liabilities of 2.9 M or Other Liabilities of 2.2 M provides information on A2Z Smart's total assets, liabilities, and equity, which is the actual value of A2Z Smart Technologies to its prevalent stockholders. By breaking down trends over time using A2Z Smart 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.
 
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Financial Statement Analysis is much more than just reviewing and examining A2Z Smart Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether A2Z Smart Technologies is a good buy for the upcoming year.

A2Z Smart Inventory

301,356

  
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.

About A2Z Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of A2Z Smart Technologies at a specified time, usually calculated after every quarter, six months, or one year. A2Z Smart Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of A2Z Smart 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 A2Z currently owns. An asset can also be divided into two categories, current and non-current.

A2Z Smart Balance Sheet Chart

A2Z Smart Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how A2Z Smart Technologies uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, A2Z Smart's Net Invested Capital is fairly stable compared to the past year. Accumulated Other Comprehensive Income is likely to rise to about 30.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 2.9 M in 2024.

Total Current Liabilities

Total Current Liabilities is an item on A2Z Smart balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of A2Z Smart Technologies 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.

Accounts Payable

An accounting item on the balance sheet that represents A2Z Smart obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of A2Z Smart Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from A2Z Smart's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 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 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 Net Invested Capital is fairly stable compared to the past year. Accumulated Other Comprehensive Income is likely to rise to about 30.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 2.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities2.4M6.2M5.6M2.9M
Other Current Liabilities1.1M956K2.5M2.6M

A2Z Smart balance sheet Correlations

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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
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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 balance sheet 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

Pair Trading with A2Z Smart

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 A2Z Smart 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 A2Z Smart will appreciate offsetting losses from the drop in the long position's value.

Moving together with A2Z Stock

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Moving against A2Z Stock

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  0.91GE GE Aerospace Financial Report 23rd of July 2024 PairCorr
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  0.82CW Curtiss WrightPairCorr
The ability to find closely correlated positions to A2Z Smart could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace A2Z Smart 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 A2Z Smart - 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 A2Z Smart Technologies to buy it.
The correlation of A2Z Smart 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 A2Z Smart moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if A2Z Smart Technologies 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 A2Z Smart 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 CorrelationCorrelation Matching
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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.