Aqua Short Term Debt vs Short Long Term Debt Analysis
AQMS Stock | USD 0.39 0.01 2.63% |
Aqua Metals financial indicator trend analysis is way more than just evaluating Aqua Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aqua Metals is a good investment. Please check the relationship between Aqua Metals Short Term Debt and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aqua Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy Aqua Stock please use our How to Invest in Aqua Metals guide.
Short Term Debt vs Short Long Term Debt
Short Term Debt vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aqua Metals Short Term Debt account and Short Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aqua Metals' Short Term Debt and Short Long Term Debt is 0.83. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Aqua Metals, assuming nothing else is changed. The correlation between historical values of Aqua Metals' Short Term Debt and Short 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 Short Term Debt of Aqua Metals are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Short Term Debt i.e., Aqua Metals' Short Term Debt and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Debt
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Most indicators from Aqua Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aqua Metals 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 Aqua Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more information on how to buy Aqua Stock please use our How to Invest in Aqua Metals guide.Enterprise Value is likely to gain to about 85.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 379K | 262K | 1.3M | 1.1M | Interest Income | 379K | 262K | 999K | 813.2K |
Aqua Metals fundamental ratios Correlations
Click cells to compare fundamentals
Aqua Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aqua Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 69.5M | 35.1M | 33.3M | 33.5M | 33.6M | 38.0M | |
Short Long Term Debt Total | 10.1M | 1.2M | 718K | 6.5M | 3.2M | 5.6M | |
Other Current Liab | 4.1M | 1.3M | 3.0M | 5.0M | 2.5M | 2.8M | |
Total Current Liabilities | 9.8M | 3.5M | 4.1M | 12.3M | 4.6M | 6.9M | |
Total Stockholder Equity | 49.6M | 31.1M | 27.5M | 20.9M | 26.1M | 28.3M | |
Other Liab | 1.5M | 772K | 790K | 1.3M | 1.2M | 889.3K | |
Net Tangible Assets | 48.6M | 30.3M | 26.9M | 20.5M | 23.5M | 39.0M | |
Property Plant And Equipment Net | 37.6M | 25.6M | 2.4M | 7.3M | 10.6M | 18.0M | |
Net Debt | 2.5M | (5.3M) | (7.4M) | (601K) | (13.3M) | (14.0M) | |
Retained Earnings | (139.9M) | (165.7M) | (183.8M) | (199.3M) | (223.2M) | (212.1M) | |
Accounts Payable | 4.8M | 1.6M | 685K | 1.1M | 1.8M | 1.5M | |
Cash | 7.6M | 6.5M | 8.1M | 7.1M | 16.5M | 11.2M | |
Non Current Assets Total | 42.0M | 26.8M | 20.8M | 10.3M | 15.3M | 21.9M | |
Other Assets | 2.8M | 1.9M | 16.3M | 26K | 29.9K | 28.4K | |
Long Term Debt | 8.6M | 8.4M | 303K | 2.9M | 2.6M | 5.1M | |
Cash And Short Term Investments | 7.6M | 6.5M | 8.1M | 7.1M | 16.5M | 11.2M | |
Common Stock Total Equity | 39K | 58K | 64K | 79K | 90.9K | 95.4K | |
Common Stock Shares Outstanding | 52.3M | 60.9M | 70.0M | 75.8M | 93.9M | 47.8M | |
Liabilities And Stockholders Equity | 69.5M | 35.1M | 33.3M | 33.5M | 33.6M | 38.0M | |
Non Current Liabilities Total | 10.1M | 545K | 1.7M | 275K | 2.9M | 4.7M | |
Inventory | 1.3M | 1.1M | 123K | 278K | 929K | 638K | |
Other Current Assets | 981K | 702K | 356K | 263K | 181K | 172.0K | |
Other Stockholder Equity | 189.4M | 196.7M | 211.3M | 220.1M | 249.2M | 160.7M | |
Total Liab | 19.9M | 4.0M | 5.7M | 12.6M | 7.5M | 9.7M | |
Property Plant And Equipment Gross | 38.8M | 25.6M | 4.0M | 9.3M | 12.2M | 18.5M | |
Short Long Term Debt | 4.4M | 296K | 29K | 5.9M | 35K | 33.3K | |
Total Current Assets | 27.5M | 8.4M | 12.4M | 23.2M | 18.3M | 16.2M | |
Short Term Debt | 848K | 649K | 388K | 6.2M | 310K | 294.5K | |
Intangible Assets | 999K | 819K | 640K | 461K | 281K | 267.0K | |
Common Stock | 58K | 64K | 70K | 79K | 108K | 102.6K | |
Property Plant Equipment | 38.2M | 24.9M | 2.4M | 7.3M | 6.6M | 6.3M | |
Non Currrent Assets Other | 3.3M | 362K | 796K | 489K | 4.5M | 4.7M | |
Retained Earnings Total Equity | (95.1M) | (139.9M) | (165.7M) | (199.3M) | (179.3M) | (170.4M) | |
Capital Surpluse | 145.1M | 189.4M | 196.7M | 220.1M | 253.1M | 157.0M | |
Net Receivables | 17.7M | 32K | 1.2M | 15.5M | 667K | 633.7K | |
Net Invested Capital | 58.3M | 31.5M | 27.5M | 26.8M | 29.0M | 34.9M |
Pair Trading with Aqua Metals
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 Aqua Metals 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 Aqua Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Aqua Stock
Moving against Aqua Stock
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The ability to find closely correlated positions to Aqua Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aqua Metals 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 Aqua Metals - 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 Aqua Metals to buy it.
The correlation of Aqua Metals 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 Aqua Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aqua Metals 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 Aqua Metals 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.Additional Tools for Aqua Stock Analysis
When running Aqua Metals' price analysis, check to measure Aqua Metals' 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 Aqua Metals is operating at the current time. Most of Aqua Metals' value examination focuses on studying past and present price action to predict the probability of Aqua Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aqua Metals' price. Additionally, you may evaluate how the addition of Aqua Metals to your portfolios can decrease your overall portfolio volatility.