American Other Current Liab vs Other Liab Analysis

AREC Stock

USD 1.55 0.11 7.64%

American Resources financial indicator trend analysis is way more than just evaluating American Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Resources Corp is a good investment. Please check the relationship between American Resources Other Current Liab and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Other Current Liab vs Other Liab

Other Current Liab vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Resources Corp Other Current Liab account and Other Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between American Resources' Other Current Liab and Other Liab is 0.73. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Liab in the same time period over historical financial statements of American Resources Corp, assuming nothing else is changed. The correlation between historical values of American Resources' Other Current Liab and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of American Resources Corp are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Current Liab i.e., American Resources' Other Current Liab and Other Liab go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Current Liab

Other Liab

Most indicators from American Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Resources Corp 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 American Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

The current year's Enterprise Value is expected to grow to about 175.9 M, whereas Selling General Administrative is forecasted to decline to about 10.6 M.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	8.4M	25.5M	16.6M	16.6M
Research Development	18.1M	28.1M	11.7M	10.2M

Cost Of Revenue Research Development

American Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Other Assets	Long Term Debt
Total Assets		0.58	-0.03	0.92	-0.91	0.72	0.51	0.91	0.79	0.92	0.85	0.98	0.92	0.92	0.82	0.94	0.71	0.96	0.67	0.79	0.19	0.84	0.86	0.89	0.05	0.91
Total Current Liabilities	0.58		-0.76	0.61	-0.66	0.9	0.34	0.25	0.18	0.43	0.59	0.55	0.29	0.53	0.86	0.32	0.21	0.64	0.67	0.64	-0.51	0.8	0.87	0.73	0.3	0.33
Total Stockholder Equity	-0.03	-0.76		-0.2	0.14	-0.55	0.02	0.21	0.33	0.14	-0.1	-0.1	0.23	0.04	-0.5	0.15	0.32	-0.19	-0.22	-0.17	0.85	-0.32	-0.46	-0.2	-0.45	0.07
Net Debt	0.92	0.61	-0.2		-0.76	0.78	0.19	0.85	0.61	0.76	0.75	0.94	0.86	0.75	0.79	0.87	0.47	0.98	0.48	0.67	-0.02	0.75	0.78	0.78	0.07	0.91
Retained Earnings	-0.91	-0.66	0.14	-0.76		-0.7	-0.74	-0.77	-0.84	-0.94	-0.97	-0.86	-0.77	-0.98	-0.85	-0.81	-0.82	-0.86	-0.87	-0.84	-0.1	-0.85	-0.89	-0.89	-0.2	-0.75
Accounts Payable	0.72	0.9	-0.55	0.78	-0.7		0.23	0.43	0.28	0.52	0.63	0.69	0.48	0.61	0.92	0.5	0.36	0.78	0.63	0.74	-0.31	0.91	0.86	0.87	0.18	0.52
Cash	0.51	0.34	0.02	0.19	-0.74	0.23		0.41	0.64	0.64	0.69	0.45	0.34	0.73	0.48	0.44	0.71	0.38	0.85	0.56	0.22	0.55	0.59	0.55	0.46	0.34
Cash And Short Term Investments	0.91	0.25	0.21	0.85	-0.77	0.43	0.41		0.85	0.89	0.76	0.94	0.97	0.83	0.6	0.99	0.7	0.88	0.44	0.62	0.35	0.59	0.63	0.67	-0.01	0.98
Common Stock Total Equity	0.79	0.18	0.33	0.61	-0.84	0.28	0.64	0.85		0.95	0.87	0.75	0.86	0.91	0.49	0.86	0.9	0.7	0.6	0.64	0.43	0.49	0.53	0.61	-0.04	0.77
Common Stock Shares Outstanding	0.92	0.43	0.14	0.76	-0.94	0.52	0.64	0.89	0.95		0.92	0.88	0.91	0.98	0.7	0.91	0.87	0.84	0.7	0.76	0.32	0.7	0.74	0.8	-0.03	0.83
Short Term Investments	0.85	0.59	-0.1	0.75	-0.97	0.63	0.69	0.76	0.87	0.92		0.82	0.76	0.96	0.77	0.8	0.81	0.84	0.85	0.77	0.09	0.76	0.79	0.8	0.24	0.74
Non Current Liabilities Total	0.98	0.55	-0.1	0.94	-0.86	0.69	0.45	0.94	0.75	0.88	0.82		0.92	0.87	0.81	0.96	0.63	0.97	0.58	0.74	0.11	0.78	0.84	0.82	0.12	0.96
Other Current Assets	0.92	0.29	0.23	0.86	-0.77	0.48	0.34	0.97	0.86	0.91	0.76	0.92		0.84	0.6	0.98	0.71	0.87	0.41	0.63	0.37	0.59	0.63	0.7	-0.19	0.94
Other Stockholder Equity	0.92	0.53	0.04	0.75	-0.98	0.61	0.73	0.83	0.91	0.98	0.96	0.87	0.84		0.76	0.86	0.87	0.85	0.83	0.81	0.25	0.8	0.82	0.85	0.11	0.79
Total Liab	0.82	0.86	-0.5	0.79	-0.85	0.92	0.48	0.6	0.49	0.7	0.77	0.81	0.6	0.76		0.66	0.56	0.84	0.72	0.82	-0.23	0.93	0.95	0.93	0.29	0.65
Total Current Assets	0.94	0.32	0.15	0.87	-0.81	0.5	0.44	0.99	0.86	0.91	0.8	0.96	0.98	0.86	0.66		0.71	0.9	0.49	0.66	0.31	0.65	0.7	0.71	-0.01	0.97
Common Stock	0.71	0.21	0.32	0.47	-0.82	0.36	0.71	0.7	0.9	0.87	0.81	0.63	0.71	0.87	0.56	0.71		0.59	0.68	0.72	0.44	0.6	0.53	0.72	0.02	0.6
Short Long Term Debt Total	0.96	0.64	-0.19	0.98	-0.86	0.78	0.38	0.88	0.7	0.84	0.84	0.97	0.87	0.85	0.84	0.9	0.59		0.62	0.74	0.02	0.82	0.85	0.84	0.16	0.93
Other Current Liab	0.67	0.67	-0.22	0.48	-0.87	0.63	0.85	0.44	0.6	0.7	0.85	0.58	0.41	0.83	0.72	0.49	0.68	0.62		0.73	0.01	0.82	0.79	0.77	0.47	0.43
Other Liab	0.79	0.64	-0.17	0.67	-0.84	0.74	0.56	0.62	0.64	0.76	0.77	0.74	0.63	0.81	0.82	0.66	0.72	0.74	0.73		-0.15	0.84	0.81	0.86	0.17	0.64
Net Tangible Assets	0.19	-0.51	0.85	-0.02	-0.1	-0.31	0.22	0.35	0.43	0.32	0.09	0.11	0.37	0.25	-0.23	0.31	0.44	0.02	0.01	-0.15		-0.05	-0.17	0.05	-0.42	0.19
Property Plant And Equipment Net	0.84	0.8	-0.32	0.75	-0.85	0.91	0.55	0.59	0.49	0.7	0.76	0.78	0.59	0.8	0.93	0.65	0.6	0.82	0.82	0.84	-0.05		0.93	0.96	0.26	0.63
Current Deferred Revenue	0.86	0.87	-0.46	0.78	-0.89	0.86	0.59	0.63	0.53	0.74	0.79	0.84	0.63	0.82	0.95	0.7	0.53	0.85	0.79	0.81	-0.17	0.93		0.9	0.29	0.67
Non Current Assets Total	0.89	0.73	-0.2	0.78	-0.89	0.87	0.55	0.67	0.61	0.8	0.8	0.82	0.7	0.85	0.93	0.71	0.72	0.84	0.77	0.86	0.05	0.96	0.9		0.14	0.68
Other Assets	0.05	0.3	-0.45	0.07	-0.2	0.18	0.46	-0.01	-0.04	-0.03	0.24	0.12	-0.19	0.11	0.29	-0.01	0.02	0.16	0.47	0.17	-0.42	0.26	0.29	0.14		0.11
Long Term Debt	0.91	0.33	0.07	0.91	-0.75	0.52	0.34	0.98	0.77	0.83	0.74	0.96	0.94	0.79	0.65	0.97	0.6	0.93	0.43	0.64	0.19	0.63	0.67	0.68	0.11

Click cells to compare fundamentals

American Resources Account Relationship Matchups

American Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.2M	38.4M	42.9M	55.9M	91.7M	96.3M
Total Current Liabilities	45.0M	23.3M	16.4M	27.4M	18.1M	21.2M
Total Stockholder Equity	(32.7M)	(20.0M)	(2.2M)	284.7K	223.8K	235.0K
Net Debt	33.5M	20.0M	4.2M	14.6M	55.2M	57.9M
Retained Earnings	(123.0M)	(133.3M)	(165.7M)	(167.2M)	(178.7M)	(169.8M)
Accounts Payable	11.0M	4.3M	3.1M	4.9M	9.1M	5.1M
Cash	3.3K	10.6M	11.5M	8.9M	2.7M	4.0M
Cash And Short Term Investments	3.3K	10.6M	11.5M	8.9M	33.0M	34.6M
Common Stock Shares Outstanding	24.1M	29.4M	55.2M	66.3M	75.4M	79.2M
Liabilities And Stockholders Equity	35.2M	38.4M	42.9M	55.9M	91.7M	96.3M
Non Current Liabilities Total	22.9M	35.2M	28.7M	28.2M	73.5M	77.1M
Other Current Assets	234.2K	175K	629.6K	786.6K	1.9M	2.0M
Other Stockholder Equity	90.3M	113.3M	163.4M	167.5M	178.9M	187.9M
Total Liab	67.9M	58.4M	45.1M	55.6M	91.5M	47.1M
Total Current Assets	3.2M	11.2M	15.3M	10.8M	34.9M	36.6M
Common Stock	2.7K	4.3K	6.5K	6.7K	7.6K	4.0K
Short Long Term Debt Total	33.5M	30.6M	15.7M	23.5M	57.8M	60.7M
Other Current Liab	5.9M	8.0M	7.3M	6.9M	3.3M	4.4M
Other Liab	16.2M	17.5M	15.5M	19.0M	21.8M	16.9M
Net Tangible Assets	(32.7M)	(20.0M)	(2.2M)	(2.3M)	(2.6M)	(2.7M)
Property Plant And Equipment Net	27.7M	22.5M	23.6M	22.1M	33.6M	21.2M
Non Current Assets Total	32.1M	27.2M	27.6M	45.2M	56.9M	29.6M
Non Currrent Assets Other	4.4M	4.7M	1.4M	1.8M	6.8M	3.4M
Other Assets	4.4M	27.2M	1.4M	1.0	1.15	1.09
Long Term Debt	7.9M	5.4M	19.6M	9.2M	44.2M	46.4M
Net Receivables	2.7M	272.9K	3.2M	660.8K	253.8K	241.1K
Long Term Debt Total	7.9M	5.4M	19.6M	9.2M	10.5M	7.4M
Capital Surpluse	42.9M	90.3M	113.3M	163.4M	188.0M	197.4M
Inventory	515.6K	150.5K	0.0	446.7K	54K	51.3K
Property Plant And Equipment Gross	27.7M	22.5M	23.6M	22.9M	40.1M	42.1M
Short Long Term Debt	28.0M	11.1M	5.9M	11.7M	804.7K	764.4K
Short Term Debt	28.0M	11.0M	6.0M	15.6M	5.7M	11.0M

Pair Trading with American 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 American 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 American Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against American Stock

0.56

MP Materials Corp Sell-off Trend

Pair Corr

The ability to find closely correlated positions to American 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 American 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 American 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 American Resources Corp to buy it.

The correlation of American 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 American Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American 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 American 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

When determining whether American Resources Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Resources' 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 American Resources Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Resources Corp Stock:

How To Invest In American

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Is American Stock a good investment?

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What is American Resources' Net Worth?

Details

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

Note that the American Resources Corp information on this page should be used as a complementary analysis to other American Resources' 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for American Stock analysis

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

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Is American Resources' 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 American Resources. If investors know American 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 American Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.15)

Revenue Per Share

0.222

Quarterly Revenue Growth

(0.99)

Return On Assets

(0.17)

Return On Equity

(45.05)

The market value of American Resources Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Resources' value that differs from its market value or its book value, called intrinsic value, which is American Resources' 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 American Resources' market value can be influenced by many factors that don't directly affect American Resources' 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 American Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Resources' 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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American Other Current Liab vs Other Liab Analysis

Other Current Liab vs Other Liab

Other Current Liab vs Other Liab Correlation Analysis

Correlation Coefficient

Other Current Liab

Other Liab

American Resources fundamental ratios Correlations

American Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

American Resources fundamental ratios Accounts

Pair Trading with American Resources

Moving against American Stock

Complementary Tools for American Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 0.99	Cash And Short Term Investments
Non Current Liabilities Total	+ 0.98	Total Assets
Short Long Term Debt Total	+ 0.98	Net Debt
Long Term Debt	+ 0.98	Cash And Short Term Investments
Other Stockholder Equity	+ 0.98	Common Stock Shares Outstanding
Total Current Assets	+ 0.98	Other Current Assets

Other Stockholder Equity	- 0.98	Retained Earnings
Short Term Investments	- 0.97	Retained Earnings
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Retained Earnings	- 0.91	Total Assets
Non Current Assets Total	- 0.89	Retained Earnings
Current Deferred Revenue	- 0.89	Retained Earnings