Sailfish Cash And Short Term Investments vs Other Stockholder Equity Analysis

FISH Stock

CAD 1.42 0.04 2.90%

Sailfish Royalty financial indicator trend analysis is much more than just breaking down Sailfish Royalty Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sailfish Royalty Corp is a good investment. Please check the relationship between Sailfish Royalty Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sailfish Royalty 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 rate.

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sailfish Royalty Corp Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sailfish Royalty's Cash And Short Term Investments and Other Stockholder Equity is 0.77. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Sailfish Royalty Corp, assuming nothing else is changed. The correlation between historical values of Sailfish Royalty's Cash And Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Sailfish Royalty Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Sailfish Royalty's Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Sailfish Royalty Corp balance sheet. This account contains Sailfish Royalty investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sailfish Royalty Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Stockholder Equity

Most indicators from Sailfish Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sailfish Royalty 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sailfish Royalty 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 rate.

Selling General Administrative is likely to climb to about 1.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.67 in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	368.1K	610.9K	435.6K	370.9K
Cost Of Revenue	694.3K	1.3M	941.8K	684.9K

Reconciled Depreciation Cost Of Revenue

Sailfish Royalty fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Property Plant And Equipment Net	Net Invested Capital	Long Term Investments	Net Working Capital	Other Stockholder Equity	Capital Stock	Short Long Term Debt Total	Long Term Debt
Total Assets		0.54	0.99	0.95	-0.5	0.63	0.75	0.44	0.66	0.73	0.97	-0.65	0.3	0.99	0.44	0.76	0.8	0.08	0.96	0.98	0.92	0.71	0.93	0.93	-0.76	-0.79
Total Current Liabilities	0.54		0.56	0.62	-0.66	0.57	0.74	0.48	0.26	0.79	0.64	-0.03	-0.17	0.48	-0.09	0.72	0.75	0.54	0.45	0.55	0.56	0.78	0.68	0.67	-0.75	-0.68
Total Stockholder Equity	0.99	0.56		0.95	-0.51	0.67	0.79	0.5	0.57	0.78	0.98	-0.67	0.19	0.98	0.35	0.81	0.83	0.06	0.93	0.96	0.91	0.76	0.92	0.94	-0.8	-0.83
Net Tangible Assets	0.95	0.62	0.95		-0.71	0.59	0.86	0.39	0.56	0.78	0.95	-0.51	0.17	0.94	0.26	0.78	0.86	0.16	0.91	0.94	0.91	0.78	0.96	0.96	-0.89	-0.88
Retained Earnings	-0.5	-0.66	-0.51	-0.71		-0.23	-0.73	-0.08	-0.25	-0.58	-0.62	-0.14	0.09	-0.49	0.26	-0.55	-0.72	-0.45	-0.51	-0.55	-0.51	-0.58	-0.76	-0.73	0.84	0.79
Accounts Payable	0.63	0.57	0.67	0.59	-0.23		0.82	0.68	0.14	0.79	0.63	-0.55	-0.26	0.57	0.02	0.91	0.66	0.14	0.51	0.61	0.49	0.8	0.53	0.63	-0.63	-0.61
Cash	0.75	0.74	0.79	0.86	-0.73	0.82		0.51	0.23	0.89	0.82	-0.37	-0.23	0.71	-0.12	0.95	0.89	0.32	0.66	0.76	0.71	0.9	0.82	0.87	-0.94	-0.9
Net Receivables	0.44	0.48	0.5	0.39	-0.08	0.68	0.51		-0.16	0.78	0.47	-0.29	-0.45	0.35	-0.04	0.67	0.59	0.05	0.28	0.39	0.42	0.79	0.34	0.44	-0.52	-0.47
Total Liab	0.66	0.26	0.57	0.56	-0.25	0.14	0.23	-0.16		0.18	0.55	-0.34	0.88	0.71	0.81	0.18	0.28	0.23	0.76	0.69	0.58	0.14	0.62	0.52	-0.21	-0.23
Total Current Assets	0.73	0.79	0.78	0.78	-0.58	0.79	0.89	0.78	0.18		0.81	-0.33	-0.28	0.66	-0.02	0.92	0.89	0.37	0.58	0.7	0.76	0.99	0.76	0.8	-0.87	-0.82
Common Stock	0.97	0.64	0.98	0.95	-0.62	0.63	0.82	0.47	0.55	0.81		-0.56	0.14	0.95	0.25	0.83	0.88	0.18	0.9	0.94	0.92	0.79	0.96	0.96	-0.85	-0.89
Other Current Liab	-0.65	-0.03	-0.67	-0.51	-0.14	-0.55	-0.37	-0.29	-0.34	-0.33	-0.56		-0.18	-0.66	-0.44	-0.47	-0.24	0.51	-0.54	-0.53	-0.55	-0.32	-0.36	-0.39	0.22	0.29
Net Debt	0.3	-0.17	0.19	0.17	0.09	-0.26	-0.23	-0.45	0.88	-0.28	0.14	-0.18		0.38	0.87	-0.29	-0.16	0.02	0.45	0.34	0.23	-0.32	0.22	0.11	0.23	0.2
Non Current Assets Total	0.99	0.48	0.98	0.94	-0.49	0.57	0.71	0.35	0.71	0.66	0.95	-0.66	0.38		0.48	0.7	0.75	0.05	0.98	0.98	0.9	0.64	0.92	0.91	-0.72	-0.76
Non Currrent Assets Other	0.44	-0.09	0.35	0.26	0.26	0.02	-0.12	-0.04	0.81	-0.02	0.25	-0.44	0.87	0.48		-0.1	-0.07	-0.1	0.49	0.42	0.41	-0.05	0.23	0.15	0.17	0.17
Cash And Short Term Investments	0.76	0.72	0.81	0.78	-0.55	0.91	0.95	0.67	0.18	0.92	0.83	-0.47	-0.29	0.7	-0.1		0.89	0.27	0.64	0.75	0.68	0.92	0.77	0.84	-0.87	-0.86
Common Stock Shares Outstanding	0.8	0.75	0.83	0.86	-0.72	0.66	0.89	0.59	0.28	0.89	0.88	-0.24	-0.16	0.75	-0.07	0.89		0.45	0.76	0.83	0.79	0.89	0.9	0.94	-0.96	-0.96
Other Current Assets	0.08	0.54	0.06	0.16	-0.45	0.14	0.32	0.05	0.23	0.37	0.18	0.51	0.02	0.05	-0.1	0.27	0.45		0.14	0.2	0.22	0.35	0.35	0.3	-0.35	-0.3
Property Plant And Equipment Net	0.96	0.45	0.93	0.91	-0.51	0.51	0.66	0.28	0.76	0.58	0.9	-0.54	0.45	0.98	0.49	0.64	0.76	0.14		0.99	0.85	0.57	0.92	0.91	-0.7	-0.75
Net Invested Capital	0.98	0.55	0.96	0.94	-0.55	0.61	0.76	0.39	0.69	0.7	0.94	-0.53	0.34	0.98	0.42	0.75	0.83	0.2	0.99		0.88	0.69	0.95	0.96	-0.78	-0.81
Long Term Investments	0.92	0.56	0.91	0.91	-0.51	0.49	0.71	0.42	0.58	0.76	0.92	-0.55	0.23	0.9	0.41	0.68	0.79	0.22	0.85	0.88		0.74	0.88	0.85	-0.74	-0.76
Net Working Capital	0.71	0.78	0.76	0.78	-0.58	0.8	0.9	0.79	0.14	0.99	0.79	-0.32	-0.32	0.64	-0.05	0.92	0.89	0.35	0.57	0.69	0.74		0.74	0.79	-0.88	-0.82
Other Stockholder Equity	0.93	0.68	0.92	0.96	-0.76	0.53	0.82	0.34	0.62	0.76	0.96	-0.36	0.22	0.92	0.23	0.77	0.9	0.35	0.92	0.95	0.88	0.74		0.98	-0.89	-0.9
Capital Stock	0.93	0.67	0.94	0.96	-0.73	0.63	0.87	0.44	0.52	0.8	0.96	-0.39	0.11	0.91	0.15	0.84	0.94	0.3	0.91	0.96	0.85	0.79	0.98		-0.92	-0.94
Short Long Term Debt Total	-0.76	-0.75	-0.8	-0.89	0.84	-0.63	-0.94	-0.52	-0.21	-0.87	-0.85	0.22	0.23	-0.72	0.17	-0.87	-0.96	-0.35	-0.7	-0.78	-0.74	-0.88	-0.89	-0.92		0.98
Long Term Debt	-0.79	-0.68	-0.83	-0.88	0.79	-0.61	-0.9	-0.47	-0.23	-0.82	-0.89	0.29	0.2	-0.76	0.17	-0.86	-0.96	-0.3	-0.75	-0.81	-0.76	-0.82	-0.9	-0.94	0.98

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Sailfish Royalty Account Relationship Matchups

Sailfish Royalty fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	50.3M	51.0M	48.4M	42.5M	42.8M	33.1M
Total Current Liabilities	452.2K	325.3K	1.3M	1.2M	1.4M	788.2K
Total Stockholder Equity	38.6M	47.6M	47.1M	41.3M	37.4M	30.0M
Net Tangible Assets	20.2M	38.6M	47.6M	47.1M	54.1M	56.9M
Retained Earnings	1.2M	(3.4M)	(2.0M)	(6.8M)	(11.4M)	(10.9M)
Accounts Payable	201.9K	297.8K	1.3M	236.3K	197.1K	315.4K
Cash	274.4K	1.6M	3.7M	1.6M	2.6M	2.7M
Net Receivables	82.7K	245.6K	5.6M	5.3M	23.7K	22.5K
Total Liab	11.7M	3.4M	1.4M	1.2M	5.4M	3.0M
Total Current Assets	1.3M	1.8M	9.3M	6.9M	6.4M	3.5M
Common Stock	31.2M	43.9M	42.6M	41.1M	47.3M	25.3M
Other Current Liab	188.1K	1.9K	5.5K	933.1K	839.8K	881.7K
Net Debt	11.0M	1.6M	(3.6M)	(1.6M)	1.4M	816.1K
Non Current Assets Total	49.0M	49.2M	39.1M	35.5M	36.4M	33.2M
Non Currrent Assets Other	1.1M	18.1M	49.0M	3.0M	3.4M	3.3M
Cash And Short Term Investments	274.4K	1.6M	3.7M	1.6M	1.9M	1.2M
Common Stock Shares Outstanding	45.9M	67.0M	75.3M	72.0M	71.3M	61.6M
Liabilities And Stockholders Equity	50.3M	51.0M	48.4M	42.5M	48.8M	35.7M
Other Current Assets	58.2K	38.9K	75.7K	55.3K	106.2K	58.7K
Property Plant And Equipment Net	49.0M	49.2M	36.1M	35.5M	35.1M	37.0M
Net Invested Capital	49.8M	50.6M	47.1M	41.3M	41.4M	41.5M
Net Working Capital	828.7K	1.5M	8.0M	5.8M	5.0M	3.7M
Other Stockholder Equity	6.2M	7.1M	6.5M	6.9M	7.9M	6.6M
Capital Stock	31.2M	43.9M	42.6M	41.1M	41.8M	39.1M

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