Santacruz Short Long Term Debt Total vs Short Term Investments Analysis

SCZ Stock  CAD 0.31  0.01  3.13%   
Santacruz Silv financial indicator trend analysis is much more than just breaking down Santacruz Silv prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Santacruz Silv is a good investment. Please check the relationship between Santacruz Silv Short Long Term Debt Total and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Santacruz Silv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Long Term Debt Total vs Short Term Investments

Short Long Term Debt Total vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Santacruz Silv Short Long Term Debt Total account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Santacruz Silv's Short Long Term Debt Total and Short Term Investments is 0.07. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Santacruz Silv, assuming nothing else is changed. The correlation between historical values of Santacruz Silv's Short Long Term Debt Total and Short Term Investments 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 Long Term Debt Total of Santacruz Silv are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Short Long Term Debt Total i.e., Santacruz Silv's Short Long Term Debt Total and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Long Term Debt Total

Short Term Investments

Short Term Investments is an item under the current assets section of Santacruz Silv balance sheet. It contains any investments Santacruz Silv undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Santacruz Silv can easily liquidate in the marketplace.
Most indicators from Santacruz Silv's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Santacruz Silv 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Santacruz Silv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Santacruz Silv's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 10.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Santacruz Silv fundamental ratios Correlations

0.970.96-0.140.980.47-0.580.780.990.760.960.790.84-0.240.990.980.99-0.370.640.980.62-0.260.870.240.530.22
0.970.97-0.220.930.34-0.570.710.970.670.90.780.73-0.350.970.930.96-0.460.580.990.57-0.390.890.160.520.15
0.960.97-0.360.910.45-0.730.660.940.680.950.880.83-0.380.990.960.96-0.60.750.980.7-0.460.90.270.620.03
-0.14-0.22-0.360.030.020.560.26-0.040.09-0.33-0.39-0.210.73-0.3-0.29-0.250.9-0.64-0.26-0.30.9-0.29-0.28-0.230.42
0.980.930.910.030.53-0.530.810.990.790.910.750.83-0.10.940.940.95-0.240.560.940.62-0.10.830.230.540.27
0.470.340.450.020.53-0.510.370.470.470.450.510.70.160.450.460.44-0.150.480.370.660.220.410.350.720.09
-0.58-0.57-0.730.56-0.53-0.51-0.22-0.54-0.4-0.65-0.93-0.640.28-0.66-0.64-0.580.82-0.9-0.59-0.930.53-0.67-0.46-0.80.52
0.780.710.660.260.810.37-0.220.80.890.670.480.57-0.050.70.710.730.040.30.710.330.110.60.120.320.45
0.990.970.94-0.040.990.47-0.540.80.750.910.760.8-0.180.960.940.96-0.310.560.970.6-0.190.850.170.540.23
0.760.670.680.090.790.47-0.40.890.750.730.620.66-0.160.710.750.73-0.130.50.680.5-0.030.770.550.340.4
0.960.90.95-0.330.910.45-0.650.670.910.730.790.88-0.340.981.00.98-0.490.770.950.64-0.40.850.370.470.19
0.790.780.88-0.390.750.51-0.930.480.760.620.790.74-0.30.830.80.77-0.710.840.780.91-0.470.870.490.76-0.29
0.840.730.83-0.210.830.7-0.640.570.80.660.880.74-0.140.850.880.85-0.380.740.790.68-0.170.730.40.570.17
-0.24-0.35-0.380.73-0.10.160.28-0.05-0.18-0.16-0.34-0.3-0.14-0.35-0.33-0.330.65-0.41-0.36-0.080.76-0.42-0.270.03-0.03
0.990.970.99-0.30.940.45-0.660.70.960.710.980.830.85-0.350.990.99-0.510.720.990.65-0.40.890.270.550.14
0.980.930.96-0.290.940.46-0.640.710.940.751.00.80.88-0.330.990.99-0.470.740.970.64-0.370.870.340.50.2
0.990.960.96-0.250.950.44-0.580.730.960.730.980.770.85-0.330.990.99-0.440.670.990.59-0.350.860.270.480.23
-0.37-0.46-0.60.9-0.24-0.150.820.04-0.31-0.13-0.49-0.71-0.380.65-0.51-0.47-0.44-0.78-0.47-0.590.89-0.55-0.37-0.510.52
0.640.580.75-0.640.560.48-0.90.30.560.50.770.840.74-0.410.720.740.67-0.780.640.83-0.560.670.540.64-0.24
0.980.990.98-0.260.940.37-0.590.710.970.680.950.780.79-0.360.990.970.99-0.470.640.58-0.40.870.180.50.17
0.620.570.7-0.30.620.66-0.930.330.60.50.640.910.68-0.080.650.640.59-0.590.830.58-0.250.690.50.87-0.38
-0.26-0.39-0.460.9-0.10.220.530.11-0.19-0.03-0.4-0.47-0.170.76-0.4-0.37-0.350.89-0.56-0.4-0.25-0.46-0.28-0.160.37
0.870.890.9-0.290.830.41-0.670.60.850.770.850.870.73-0.420.890.870.86-0.550.670.870.69-0.460.570.520.11
0.240.160.27-0.280.230.35-0.460.120.170.550.370.490.4-0.270.270.340.27-0.370.540.180.5-0.280.570.160.07
0.530.520.62-0.230.540.72-0.80.320.540.340.470.760.570.030.550.50.48-0.510.640.50.87-0.160.520.16-0.43
0.220.150.030.420.270.090.520.450.230.40.19-0.290.17-0.030.140.20.230.52-0.240.17-0.380.370.110.07-0.43
Click cells to compare fundamentals

Santacruz Silv Account Relationship Matchups

Santacruz Silv fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.6M32.8M60.9M337.5M339.0M356.0M
Other Current Liab4.8M1.1M11.2M62.6M94.3M99.0M
Total Current Liabilities38.1M38.9M41.9M139.0M152.0M159.6M
Total Stockholder Equity(16.9M)(9.4M)2.7M(13.0M)5.4M10.0M
Property Plant And Equipment Net16.5M14.9M38.8M146.5M148.9M156.4M
Net Debt8.1M6.3M11.4M17.6M12.8M8.3M
Retained Earnings(124.9M)(126.4M)(137.9M)(160.2M)(140.3M)(133.3M)
Cash123K430K938K4.6M4.9M5.2M
Non Current Assets Total17.1M16.4M38.8M192.0M230.2M241.7M
Cash And Short Term Investments123K430K5.0M7.4M5.0M5.3M
Net Receivables5.9M10.9M13.3M99.0M65.3M68.5M
Common Stock Shares Outstanding181.7M221.2M308.0M339.1M352.3M369.9M
Liabilities And Stockholders Equity24.6M32.8M60.9M337.5M339.0M356.0M
Other Current Assets354K3.6M2.5M9.6M5.5M5.8M
Other Stockholder Equity7.9M13.6M12.5M12.0M11.5M11.0M
Total Liab41.4M42.3M58.2M350.6M333.6M350.3M
Total Current Assets7.5M16.4M22.1M145.5M108.8M114.2M
Non Current Liabilities Total3.3M3.3M16.3M211.6M181.6M190.7M
Net Tangible Assets7.0M1.2M(16.9M)(9.4M)(8.5M)(8.1M)
Accounts Payable25.4M31.4M25.7M52.8M34.2M19.7M
Inventory1.1M1.4M1.3M29.5M33.0M34.7M
Accumulated Other Comprehensive Income(1.8M)(1.4M)(1.3M)(943K)(3.8M)(3.6M)
Common Stock102.0M104.7M129.5M136.1M138.0M109.0M
Property Plant Equipment19.5M18.6M16.5M14.9M13.4M12.7M
Other Liab3.0M3.1M3.0M207.2M238.2M250.2M
Short Long Term Debt Total8.2M6.8M12.3M22.2M17.8M14.0M
Non Currrent Assets Other506K1.5M53K31.8M63.6M66.8M
Short Long Term Debt5.7M6.3M4.8M18.0M202K191.9K
Short Term Debt8.0M6.5M5.0M18.0M17.0M9.4M
Capital Lease Obligations1.8M2.3M469K342K307.8K292.4K
Net Invested Capital(10.9M)(3.1M)14.7M9.2M6.4M4.5M
Net Working Capital(30.6M)(22.5M)(19.8M)6.5M(43.2M)(41.0M)
Capital Stock102.0M104.7M129.5M136.1M138.0M130.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Santacruz Stock Analysis

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