On this page of Benford's Law Stocks.com we present our study of American Resources Corp — ticker symbol AREC. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 5/29/2020 to 11/19/2024 for American Resources Corp under CIK number 0001590715. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for AREC, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for American Resources Corp based on the past AREC filings our system processed in the past.
30.3
16.6
10.1
8.6
8.0
4.0
9.7
6.4
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 893
Recent share count: 77,422,390 (7's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
893
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 9 numbers to move any given column by a full percentage point.
76

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 6's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 6's percentage was below the company's typical historical range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 7, we canceled the penalty multiplier.
 • We deducted points upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 7's percentage was above the company's typical historical range.
 • We deducted points upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 8's percentage was above the company's typical historical range.
 • We deducted points upon observing the 9's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
AREC
Normal-to-low score compared to other filers, falling within the bottom of the middle 50%.
ABIO
ACON
BLIN
CGC
ABOS
ANIK
BGLC
BMBL
Check our work! We provide our American Resources Corp Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the AREC filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 271 numbers that start with the digit 1. Here they are:
12472
181736
1,066,385
1,600,253
1,347,907
151,326
1,866,001
1,867,651
1,867,651
160,811,402
17,489,780
15,337,004
18,276,913
17,479,711
1,817,073
19,533,801
1,719,308
18,780,000
15,302,700
1,020,613
147,055
100,000
100,000
19,993
11,138
1,437,985
18,070,562
193,337,587
10,099,795
18,528,012
1,476,182
182,761,566
178,910,546
181,278,761
178,694,329
1,554,740
1,473,852
1,473,852
16,120,841
16,120,841
154,055
1
187,502
1
100,963
146,055
16,677,671
1
16,677,670
1,784,863
1,797,730
1,653,642
1,746,208
1,777,244
1,299,303
1,719,752
1,823,917
1,126,719
1,323,596
1,331,118
1,801,612
10,582,150
1,625,000
1,625,000
19,988,643
1,091,990
1,850,204
19,655,086
12,767,026
164,845
150,000
150,000
140,904
110,916
1,043,551
1,588,486
1,024,251
13,174,119
13,791,277
15,465
13,254,064
13,871,222
12
18
18
167,517,259
168,099,637
167,239,243
19,524,441
186,763,684
18,657,367
1,276,297
19,933,664
129,530
177,680,313
178,515,995
170,340,112
19,653,971
189,994,083
11,470,466
12,379,188
191,920
178,056,886
1,199,920
179,256,806
167,329,012
198,274,078
19,009,650
1,100,642
100,000
100,000
178,533,973
1,668,907
180,202,880
163,845,377
1,196,352
178,910,546
181,278,761
1,473,852
148,000
15
156,885
156,885
156,900
156,900
14,560,000
13,198,212
1,361,788
1,361,788
1,361,788
165,112,074
15,894,667
181,006,741
1,553,612
14,337
166,118,258
15,894,667
182,012,925
1,539,275
15,465
166,866,899
15,894,667
182,761,566
1,554,740
142,842
13,934,119
13,791,277
1,653,642
1,746,208
1,777,244
1,625,000
1,625,000
1,129,719
1,087,048
143,575
100,000
1,975,812
1,719,836
1,719,836
1,650
1,131,066
1
1,131,065
1,609,584
1,849,532
19,930
1,750,436
1,102,822
1,880
1,880
16,317,031
10,047,449
15,908,173
166,229
1,625,000
1,625,000
1,191,608
1,301,273
1,301,273
1,757,837
1,628,958
1,112,852
1,112,850
156,900
149,719,203
1,116,969
145,336,288
130,777,094
10,988,979
10,990,829
12,995,695
161,651,732
1,897,736
19,786,394
1,361,788
100
1,600,253
160,811,402
161,651,732
12,081,045
12,081,045
12,134,192
12,134,192
1,617,435
1,617,435
17,489,780
1,188
1,702
113,773
151,335
149,796
138,751
172,759
1,141,057
1,061,057
10.00
11.00
1,045,340
1,446,731
1,482,300
1,518,757
1,556,126
174,835,765
175,221,100
19,965,997
1,019,087
1,269,115
1,523,112
1,373,000
1,750,433
1,494,570
12
150,000
12
199,500
178,683
143,319
1,100,000
1,784,000
1,598,480
10
1.50
181,736
12,472
11,611
110,983
181,736
181,736
12,472
12,472
1,100,000
150,000,000
150,000,000
1,662,413
1,464,841
193,337,587
193,337,587
138,000
148,000
1.05
10,000
10,000
1.20
102,500
10,055,806
1.571
1,035,181
1.571
1,035,181
1.558
1,393,107
We found 148 numbers that start with the digit 2. Here they are:
230000000
2,666,638
28,949,297
2,029,812
29,274,439
22,476,356
29,274,385
20,235,124
280,000
280,000
211,600,853
29,812,955
2,653,638
2,607,942
2,661,099
2,371,697
200,000
2,585,919
24,607,101
21,548,859
22,033,677
21,288,799
21,288,799
2,584,947
275,572
265,985,869
230,000,000
2,368,215
234,599,584
212,771,105
223,844
223,844
212,600,853
27,382,658
20,000
235,443
20,001
286,330
2,084,060
2,982,638
2,079,214
248,295
248,291
2
248,289
235,539
2,369,640
2,720,402
2,996,853
2,922,193
25,251,341
29,444,696
2,942,194
237,726
237,726
2,538,576
2,538,576
2,831
2,831
21,595
21,595
299,762
221,677
2,109,896
2,391,645
2,997,979
2,254,281
2,456,538
21,909,367
2,360,828
21,828,479
28
253,304
2,862,824
20,110,292
2,360,828
2,360,828
2,456,538
200,634,906
20,424,399
21,620,751
2,368,215
212,517,637
253,468
212,771,105
218,743,569
218,381,226
225,358,658
225,392,816
234,565,426
234,559,584
21,909,367
252,592
2,511,894
2,216,767
2,182,369
2,318,696
200,000
200,000
283,790
2,233,425
2
273,029
25,900,934
2,004,866
29,274,385
21,288,799
20,295,634
22,033,677
21,288,799
248,295
248,289
253,764
2,583,400
2,577,400
24,057,063
21,479,525
20,235,124
2,579,115
2,712,299
245,724
22,963
24,731
243,545
21,520
252,594
252,594
2,492,071
2,175,404
2,223,087
2,266,047
2,858,028
22,824,025
2,883,181
2,250,000
250,000
23
280,000
20,000
2,500,000
22,556
20,529
25,772
23,188
25,772
2,511,894
2,216,767
275,000
We found 90 numbers that start with the digit 3. Here they are:
3076500
30,297,204
34,885,493
3,477,300
379,022
3,392,310
3,478,297
34,076,776
31,708,561
31,484,717
33,182,413
32,958,569
333,557
31,036
302,103
311,685
311,685
3,936,598
3,755,386
359,411
359,411
350,762
396,205
39,640
39,640
32,101
3,483,635
3,483,635
376,573
3,100,869
3,230,399
3,230,399
367,575
376,573
364,238
30,945,066
376,573
3,483,635
36,789,529
31,484,717
32,958,569
30,000
3
328,240
362,343
37,366,753
38,920,365
30,799
3
32,336
32,336
32,339
32,339
396,501
34,158
34,158
31,036
33,870
33,870
396,204
39,640
39,640
3,730,070
3,439,672
332,837
35,996
3,534,698
3,250,908
3,862,383
32,339
3,626,614
3,212,217
36,889,913
30,874,638
38,896,629
30,874,638
368,500
304,962
3,661,126
394,880
355,852
385,335
3,585,341
3,330,119
3,199,519
3,076,500
350,000
350,000
3,830
3,551
4's 5's 6's
We found 77 numbers that start with the digit 4. Here they are:
4,500,000
4,500,000
4,500,000
4,898,120
44,424
468,134
4,806,822
44,152,500
43,535,159
4,405,239
495,611
496,682
496,682
420,449
4,669,190
470,494
400,000
4,736,536
4,193,355
4,193,356
4,011,025
4,011,025
469,506
49,020
43,797
43,797
43,800
43,800
43,372,149
44,911,424
400,000
4,973
4,490,073
46,710
428,761
47,055
400,000
4,500,000
4,500,000
43,202,858
43,475,887
4,011,025
4,329,186
44,984,062
45,671,490
47,880,742
484,907
484,907
4,043,787
41,546,843
41,714,649
4,650,138
4,651,326
4,651,326
4,651,326
4,651,326
4,651,326
46,251
47,310
403,162
4,275,867
4,952,800
4
465,500
4
4,000,000
45
4
45,000,000
45,000,000
43,535,159
43,535,159
49,020
4,000,000
4,876,840
402,881
448,769
We found 71 numbers that start with the digit 5. Here they are:
54,000
54,000
5,714,703
5,611,054
5,039,002
53,157
5,711,005
514,844
512,558
57,663
590,047
5,799,755
51,830,276
53,385,016
5,721,840
5,721,840
5,723
5,722
5,828,526
5,808,525
584,083
572,983
582,201
5,826
575,000
575,000
503,000
503,000
521,439
544,935
5,940,173
5,844,463
582,378
5
519
519
5,844,463
560,933
5,610,121
5,610,121
5,689,881
51,830,276
53,385,016
5,826
519
519
5
55,926
5,375
5,860,724
5,561,918
54,202
54,202
5,842,417
5,490
5,847,907
5,847,907
5,847,907
5,847,907
5,847,907
509,129
531,613
50
50
535,000
56,900
5
547,449
547,449
547,448
547,448
We found 36 numbers that start with the digit 6. Here they are:
6,798,029
64,363,506
6,709,224
68,099
6,641,125
617,341
64,363,506
60,148
60,147
6,562,425
682,525
606,334
617,158
617,158
66,777,620
6,680
629,877
629,877
629,877
6,225,932
615,811
6,615,089
6,997,253
647,614
647,614
647,614
687,428
62,546
693,104
63,000
63,000
63,000
6,560
63,000
63,000
6,273,780
7's 8's 9's
We found 87 numbers that start with the digit 7. Here they are:
76247370
76247370
741243
77,421,255
741,243
741,243
741,243
734,786
797,202
77,656
7,620,971
7,392,741
7,514,848
703,899
771,183
78,280
77,400,289
76,247,370
7,742
7,627
7,627
744,877
744,873
744,873
7,937,647
78,809
722,541
7,658,729
7,527
774,478
7,956,512
79,945
79,945
77,400,289
76,245,984
76,245,984
77,222,990
75,144,374
75,144,374
76,198,350
7,622
740,811
740,811
740,811
7,280,070
76,198,350
7,622
76,247,370
7,627
76,247,370
7,627
79,760
77,296,990
7,732
72,500
7
7,011,590
7,011,590
77,400,289
7,742
748,641
748,641
748,641
748,641
77,400,289
7,742
744,877
744,873
744,873
760,003
703,593
703,593
7,637,639
744,877
744,877
744,873
708,860
76,205
704,330
709,921
727,313
70,277,339
71,004,652
75,000
741,243
7
748,641
We found 57 numbers that start with the digit 8. Here they are:
840,330
85,991
89,419
804,656
804,656
804,656
87,898
894,172
81,388
80,963
8,641,639
876,503
891,180
8,493,779
8,258,336
8,573,670
8,475,468
8,475,468
8,980,763
80,888
835,682
8,279,995
8,279,995
8,471,915
846,079
846,079
846,079
871,620
87
87
87
889,173
889,173
889,173
874,080
874,080
874,080
874,080
83,225
85,991
894,172
8,984,113
840,330
8,625,574
8,625,574
886,186
893,886
8,954
888,463
808,463
894,172
81,584
804,656
804,656
894,172
894,172
846,079
We found 56 numbers that start with the digit 9. Here they are:
99,022
94,176,461
91,522,320
97,322,075
91,746,164
9,218
925,473
929,229
935,055
913,804
999,143
999,143
9,859,609
963,897
9,222,233
95,710
95,710
9,206,768
9,420,730
942
9,786,481
9,786,481
9,787,423
9,787,423
908,722
999,925
99,995
99,995
95,710
99,768
99,768
99,775
99,775
9,206,768
9,206,768
9,206,768
9,222,233
925,473
929,229
935,055
99,995
99,022
95,592
993,165
99,022
96,107
9.00
90,243,336
93,828,677
99,022
9
902,419
9,787,423
9,420,230
9,626,770
9,626,770
While the above AREC 10Q Filed 11/19/2024 is interesting in isolation, we have found that it is also useful to take a look at older American Resources Corp filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 11/19/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical AREC 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

30.3
16.6
10.1
8.6
8.0
4.0
9.7
6.4
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL?   [ original filing ]
Total numbers found: 893

= Typical AREC range from 5/29/2020 to 11/19/2024
32.6
17.0
10.0
8.5
7.8
5.8
6.3
4.8
7.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 601

= Typical AREC range from 5/29/2020 to 11/19/2024
32.2
18.0
10.7
4.9
7.2
7.8
7.0
4.3
7.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 52
XBRL?   [ original filing ]
Total numbers found: 345

= Typical AREC range from 5/29/2020 to 11/19/2024
32.4
15.8
11.0
9.9
7.8
11.4
4.5
4.1
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 537

= Typical AREC range from 5/29/2020 to 11/19/2024
37.0
20.4
8.2
9.0
7.0
6.5
3.7
4.4
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 587

= Typical AREC range from 5/29/2020 to 11/19/2024
34.4
18.5
9.7
11.3
8.5
4.3
5.7
3.8
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 2,299

= Typical AREC range from 5/29/2020 to 11/19/2024
33.3
16.1
12.8
10.0
7.0
4.7
3.9
6.4
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 847

= Typical AREC range from 5/29/2020 to 11/19/2024
31.2
15.1
11.1
10.5
7.0
9.3
6.6
4.1
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 760

= Typical AREC range from 5/29/2020 to 11/19/2024
28.8
13.5
13.1
10.7
7.6
8.9
6.6
3.8
7.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 503

= Typical AREC range from 5/29/2020 to 11/19/2024
30.3
16.7
11.2
11.2
7.7
6.6
7.3
3.9
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 634

= Typical AREC range from 5/29/2020 to 11/19/2024
35.4
14.4
11.9
7.2
6.9
10.9
5.4
5.2
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 404

= Typical AREC range from 5/29/2020 to 11/19/2024
35.2
17.3
10.8
10.1
7.4
5.8
3.4
5.5
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 932

= Typical AREC range from 5/29/2020 to 11/19/2024
38.0
18.6
10.9
7.6
5.3
4.5
4.9
5.1
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 1,152

= Typical AREC range from 5/29/2020 to 11/19/2024
31.0
17.6
11.2
12.0
7.7
5.7
6.0
4.9
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 2,023

= Typical AREC range from 5/29/2020 to 11/19/2024
37.2
15.7
11.6
8.4
6.1
4.2
4.6
6.1
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 853

= Typical AREC range from 5/29/2020 to 11/19/2024
28.5
14.6
10.3
9.2
8.1
10.8
7.6
4.0
6.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 57
XBRL?   [ original filing ]
Total numbers found: 445

= Typical AREC range from 5/29/2020 to 11/19/2024
32.2
15.7
11.4
11.2
7.2
10.0
3.3
4.8
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL?   [ original filing ]
Total numbers found: 581

= Typical AREC range from 5/29/2020 to 11/19/2024
36.5
17.9
8.5
9.2
9.2
5.0
6.6
3.4
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 742

= Typical AREC range from 5/29/2020 to 11/19/2024
34.6
14.2
12.6
9.7
9.5
4.0
3.7
7.0
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 867

= Typical AREC range from 5/29/2020 to 11/19/2024
34.5
18.8
10.7
8.6
6.0
5.8
5.2
5.5
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,054

= Typical AREC range from 5/29/2020 to 11/19/2024
 

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