Stampede Non Current Assets Total vs Long Term Debt Analysis

SDI Stock

CAD 0.19 0.01 5.00%

Stampede Drilling financial indicator trend analysis is much more than just breaking down Stampede Drilling prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stampede Drilling is a good investment. Please check the relationship between Stampede Drilling Non Current Assets Total and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stampede Drilling. 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.

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stampede Drilling Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Stampede Drilling's Non Current Assets Total and Long Term Debt is 0.91. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Stampede Drilling, assuming nothing else is changed. The correlation between historical values of Stampede Drilling's Non Current Assets Total and 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 Non Current Assets Total of Stampede Drilling are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Stampede Drilling's Non Current Assets Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that Stampede Drilling has held for over one year. Long-term debt appears on Stampede Drilling balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Stampede Drilling balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Stampede Drilling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stampede Drilling 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 Stampede Drilling. 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, Stampede Drilling's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 1.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	32.2M	66.9M	86.0M	90.3M
Depreciation And Amortization	4.5M	4.7M	7.1M	3.7M

Total Revenue Depreciation And Amortization

Stampede Drilling fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Other Current Assets	Accounts Payable	Non Current Liabilities Total	Net Tangible Assets	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Short Long Term Debt Total	Long Term Debt	Good Will	Net Invested Capital
Total Assets		0.22	0.7	1.0	0.77	-0.25	-0.21	-0.21	0.9	0.93	-0.28	0.98	0.35	0.98	0.98	0.65	0.55	0.94	0.98	0.85	0.97	0.71	0.87	0.91	-0.74	0.88
Other Current Liab	0.22		0.14	0.25	-0.06	-0.01	0.18	0.18	0.4	0.11	0.23	0.15	0.46	0.14	0.14	0.4	0.4	0.13	0.18	0.17	0.12	0.06	0.0	0.09	-0.09	0.12
Total Current Liabilities	0.7	0.14		0.65	0.78	-0.55	-0.46	-0.46	0.69	0.73	-0.51	0.79	0.12	0.73	0.72	0.53	0.54	0.46	0.63	0.83	0.69	0.84	0.85	0.43	-0.12	0.69
Total Stockholder Equity	1.0	0.25	0.65		0.71	-0.23	-0.13	-0.13	0.89	0.91	-0.2	0.95	0.41	0.96	0.96	0.66	0.55	0.93	0.97	0.83	0.95	0.67	0.83	0.9	-0.75	0.86
Net Debt	0.77	-0.06	0.78	0.71		-0.47	-0.75	-0.75	0.66	0.89	-0.73	0.88	-0.27	0.87	0.87	0.45	0.33	0.73	0.78	0.81	0.86	0.84	0.9	0.7	-0.48	0.74
Retained Earnings	-0.25	-0.01	-0.55	-0.23	-0.47		0.34	0.34	-0.09	-0.47	0.28	-0.34	0.22	-0.31	-0.3	-0.22	0.27	-0.11	-0.23	-0.62	-0.28	-0.73	-0.43	-0.01	-0.13	-0.11
Cash	-0.21	0.18	-0.46	-0.13	-0.75	0.34		1.0	-0.23	-0.43	0.77	-0.37	0.73	-0.37	-0.37	-0.11	-0.08	-0.2	-0.23	-0.34	-0.34	-0.49	-0.44	-0.2	0.07	-0.27
Cash And Short Term Investments	-0.21	0.18	-0.46	-0.13	-0.75	0.34	1.0		-0.23	-0.43	0.77	-0.37	0.73	-0.37	-0.37	-0.11	-0.08	-0.2	-0.23	-0.34	-0.34	-0.49	-0.44	-0.2	0.07	-0.27
Net Receivables	0.9	0.4	0.69	0.89	0.66	-0.09	-0.23	-0.23		0.77	-0.16	0.87	0.44	0.86	0.86	0.75	0.76	0.78	0.84	0.69	0.82	0.55	0.72	0.78	-0.63	0.77
Common Stock Shares Outstanding	0.93	0.11	0.73	0.91	0.89	-0.47	-0.43	-0.43	0.77		-0.52	0.96	0.06	0.97	0.96	0.5	0.36	0.89	0.92	0.89	0.96	0.87	0.9	0.85	-0.68	0.79
Other Stockholder Equity	-0.28	0.23	-0.51	-0.2	-0.73	0.28	0.77	0.77	-0.16	-0.52		-0.44	0.6	-0.43	-0.42	0.16	-0.09	-0.29	-0.31	-0.42	-0.45	-0.61	-0.56	-0.28	0.13	-0.35
Total Liab	0.98	0.15	0.79	0.95	0.88	-0.34	-0.37	-0.37	0.87	0.96	-0.44		0.2	0.99	0.99	0.61	0.53	0.9	0.96	0.89	0.98	0.8	0.94	0.88	-0.67	0.87
Total Current Assets	0.35	0.46	0.12	0.41	-0.27	0.22	0.73	0.73	0.44	0.06	0.6	0.2		0.17	0.18	0.47	0.53	0.23	0.27	0.17	0.16	-0.05	0.09	0.23	-0.15	0.3
Property Plant And Equipment Net	0.98	0.14	0.73	0.96	0.87	-0.31	-0.37	-0.37	0.86	0.97	-0.43	0.99	0.17		1.0	0.6	0.5	0.93	0.98	0.88	0.99	0.78	0.92	0.91	-0.72	0.88
Non Current Assets Total	0.98	0.14	0.72	0.96	0.87	-0.3	-0.37	-0.37	0.86	0.96	-0.42	0.99	0.18	1.0		0.61	0.5	0.94	0.98	0.87	0.99	0.77	0.91	0.91	-0.72	0.89
Other Current Assets	0.65	0.4	0.53	0.66	0.45	-0.22	-0.11	-0.11	0.75	0.5	0.16	0.61	0.47	0.6	0.61		0.54	0.56	0.63	0.63	0.57	0.42	0.58	0.5	-0.27	0.69
Accounts Payable	0.55	0.4	0.54	0.55	0.33	0.27	-0.08	-0.08	0.76	0.36	-0.09	0.53	0.53	0.5	0.5	0.54		0.42	0.51	0.4	0.48	0.28	0.45	0.47	-0.27	0.63
Non Current Liabilities Total	0.94	0.13	0.46	0.93	0.73	-0.11	-0.2	-0.2	0.78	0.89	-0.29	0.9	0.23	0.93	0.94	0.56	0.42		0.96	0.74	0.95	0.61	0.8	0.98	-0.86	0.84
Net Tangible Assets	0.98	0.18	0.63	0.97	0.78	-0.23	-0.23	-0.23	0.84	0.92	-0.31	0.96	0.27	0.98	0.98	0.63	0.51	0.96		0.86	0.98	0.7	0.86	0.93	-0.77	0.88
Common Stock	0.85	0.17	0.83	0.83	0.81	-0.62	-0.34	-0.34	0.69	0.89	-0.42	0.89	0.17	0.88	0.87	0.63	0.4	0.74	0.86		0.87	0.93	0.91	0.66	-0.39	0.8
Property Plant Equipment	0.97	0.12	0.69	0.95	0.86	-0.28	-0.34	-0.34	0.82	0.96	-0.45	0.98	0.16	0.99	0.99	0.57	0.48	0.95	0.98	0.87		0.77	0.91	0.93	-0.75	0.88
Non Currrent Assets Other	0.71	0.06	0.84	0.67	0.84	-0.73	-0.49	-0.49	0.55	0.87	-0.61	0.8	-0.05	0.78	0.77	0.42	0.28	0.61	0.7	0.93	0.77		0.87	0.54	-0.27	0.66
Short Long Term Debt Total	0.87	0.0	0.85	0.83	0.9	-0.43	-0.44	-0.44	0.72	0.9	-0.56	0.94	0.09	0.92	0.91	0.58	0.45	0.8	0.86	0.91	0.91	0.87		0.75	-0.45	0.9
Long Term Debt	0.91	0.09	0.43	0.9	0.7	-0.01	-0.2	-0.2	0.78	0.85	-0.28	0.88	0.23	0.91	0.91	0.5	0.47	0.98	0.93	0.66	0.93	0.54	0.75		-0.9	0.82
Good Will	-0.74	-0.09	-0.12	-0.75	-0.48	-0.13	0.07	0.07	-0.63	-0.68	0.13	-0.67	-0.15	-0.72	-0.72	-0.27	-0.27	-0.86	-0.77	-0.39	-0.75	-0.27	-0.45	-0.9		-0.51
Net Invested Capital	0.88	0.12	0.69	0.86	0.74	-0.11	-0.27	-0.27	0.77	0.79	-0.35	0.87	0.3	0.88	0.89	0.69	0.63	0.84	0.88	0.8	0.88	0.66	0.9	0.82	-0.51

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Stampede Drilling Account Relationship Matchups

Stampede Drilling fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.2M	47.8M	50.8M	108.3M	118.6M	124.5M
Other Current Liab	494K	364K	845K	2.2M	2.5M	2.0M
Total Current Liabilities	16.2M	10.0M	10.1M	19.8M	12.0M	7.2M
Total Stockholder Equity	36.6M	32.8M	36.2M	72.8M	82.7M	86.9M
Net Debt	11.4M	12.8M	11.2M	21.3M	17.5M	18.4M
Retained Earnings	(30.5M)	(34.5M)	(31.7M)	(23.5M)	(12.9M)	(13.6M)
Cash	321K	684K	665K	703K	3.5M	3.5M
Cash And Short Term Investments	321K	684K	665K	703K	3.5M	3.5M
Net Receivables	7.5M	3.4M	6.8M	13.9M	14.1M	14.8M
Common Stock Shares Outstanding	131.9M	132.0M	145.0M	176.9M	227.2M	238.6M
Liabilities And Stockholders Equity	53.2M	47.8M	50.8M	108.3M	118.6M	124.5M
Other Stockholder Equity	4.0M	4.2M	4.7M	8.2M	11.6M	14.6M
Total Liab	16.6M	15.0M	14.6M	29.8M	30.2M	31.8M
Total Current Assets	8.0M	4.2M	7.7M	14.9M	17.9M	11.3M
Property Plant And Equipment Net	44.8M	43.1M	42.6M	88.9M	96.2M	101.0M
Non Current Assets Total	45.2M	43.6M	43.1M	93.4M	100.6M	105.7M
Other Current Assets	123K	106K	213K	315K	287K	187.8K
Accounts Payable	4.5M	974K	1.7M	5.5M	6.6M	3.4M
Non Current Liabilities Total	429K	5.0M	4.4M	10.1M	18.3M	19.2M
Accumulated Other Comprehensive Income	888K	882K	908K	932K	917K	1.3M
Net Tangible Assets	36.1M	32.3M	35.7M	72.4M	83.2M	87.4M
Common Stock	62.2M	62.2M	62.2M	87.2M	83.1M	65.6M
Property Plant Equipment	44.8M	43.1M	42.6M	88.9M	102.2M	107.3M
Short Long Term Debt Total	11.7M	13.4M	11.8M	22.0M	21.1M	13.9M
Net Invested Capital	47.6M	45.5M	47.6M	93.0M	100.0M	65.2M
Net Working Capital	(8.2M)	(5.8M)	(2.5M)	(4.8M)	6.0M	6.3M
Short Long Term Debt	11.0M	8.4M	7.4M	11.6M	13.3M	9.2M
Capital Stock	62.2M	62.2M	62.2M	87.2M	83.1M	76.8M
Short Term Debt	11.3M	8.7M	7.6M	12.0M	2.8M	2.7M

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