Stampede Non Currrent Assets Other vs Total Stockholder Equity 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 Currrent Assets Other and its Total Stockholder Equity 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 Currrent Assets Other vs Total Stockholder Equity

Non Currrent Assets Other vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stampede Drilling Non Currrent Assets Other account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stampede Drilling's Non Currrent Assets Other and Total Stockholder Equity is 0.67. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Stockholder Equity 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 Currrent Assets Other and Total 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 Non Currrent Assets Other of Stampede Drilling are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Stampede Drilling's Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Revenue32.2M66.9M86.0M90.3M
Depreciation And Amortization4.5M4.7M7.1M3.7M

Stampede Drilling fundamental ratios Correlations

0.220.71.00.77-0.25-0.21-0.210.90.93-0.280.980.350.980.980.650.550.940.980.850.970.710.870.91-0.740.88
0.220.140.25-0.06-0.010.180.180.40.110.230.150.460.140.140.40.40.130.180.170.120.060.00.09-0.090.12
0.70.140.650.78-0.55-0.46-0.460.690.73-0.510.790.120.730.720.530.540.460.630.830.690.840.850.43-0.120.69
1.00.250.650.71-0.23-0.13-0.130.890.91-0.20.950.410.960.960.660.550.930.970.830.950.670.830.9-0.750.86
0.77-0.060.780.71-0.47-0.75-0.750.660.89-0.730.88-0.270.870.870.450.330.730.780.810.860.840.90.7-0.480.74
-0.25-0.01-0.55-0.23-0.470.340.34-0.09-0.470.28-0.340.22-0.31-0.3-0.220.27-0.11-0.23-0.62-0.28-0.73-0.43-0.01-0.13-0.11
-0.210.18-0.46-0.13-0.750.341.0-0.23-0.430.77-0.370.73-0.37-0.37-0.11-0.08-0.2-0.23-0.34-0.34-0.49-0.44-0.20.07-0.27
-0.210.18-0.46-0.13-0.750.341.0-0.23-0.430.77-0.370.73-0.37-0.37-0.11-0.08-0.2-0.23-0.34-0.34-0.49-0.44-0.20.07-0.27
0.90.40.690.890.66-0.09-0.23-0.230.77-0.160.870.440.860.860.750.760.780.840.690.820.550.720.78-0.630.77
0.930.110.730.910.89-0.47-0.43-0.430.77-0.520.960.060.970.960.50.360.890.920.890.960.870.90.85-0.680.79
-0.280.23-0.51-0.2-0.730.280.770.77-0.16-0.52-0.440.6-0.43-0.420.16-0.09-0.29-0.31-0.42-0.45-0.61-0.56-0.280.13-0.35
0.980.150.790.950.88-0.34-0.37-0.370.870.96-0.440.20.990.990.610.530.90.960.890.980.80.940.88-0.670.87
0.350.460.120.41-0.270.220.730.730.440.060.60.20.170.180.470.530.230.270.170.16-0.050.090.23-0.150.3
0.980.140.730.960.87-0.31-0.37-0.370.860.97-0.430.990.171.00.60.50.930.980.880.990.780.920.91-0.720.88
0.980.140.720.960.87-0.3-0.37-0.370.860.96-0.420.990.181.00.610.50.940.980.870.990.770.910.91-0.720.89
0.650.40.530.660.45-0.22-0.11-0.110.750.50.160.610.470.60.610.540.560.630.630.570.420.580.5-0.270.69
0.550.40.540.550.330.27-0.08-0.080.760.36-0.090.530.530.50.50.540.420.510.40.480.280.450.47-0.270.63
0.940.130.460.930.73-0.11-0.2-0.20.780.89-0.290.90.230.930.940.560.420.960.740.950.610.80.98-0.860.84
0.980.180.630.970.78-0.23-0.23-0.230.840.92-0.310.960.270.980.980.630.510.960.860.980.70.860.93-0.770.88
0.850.170.830.830.81-0.62-0.34-0.340.690.89-0.420.890.170.880.870.630.40.740.860.870.930.910.66-0.390.8
0.970.120.690.950.86-0.28-0.34-0.340.820.96-0.450.980.160.990.990.570.480.950.980.870.770.910.93-0.750.88
0.710.060.840.670.84-0.73-0.49-0.490.550.87-0.610.8-0.050.780.770.420.280.610.70.930.770.870.54-0.270.66
0.870.00.850.830.9-0.43-0.44-0.440.720.9-0.560.940.090.920.910.580.450.80.860.910.910.870.75-0.450.9
0.910.090.430.90.7-0.01-0.2-0.20.780.85-0.280.880.230.910.910.50.470.980.930.660.930.540.75-0.90.82
-0.74-0.09-0.12-0.75-0.48-0.130.070.07-0.63-0.680.13-0.67-0.15-0.72-0.72-0.27-0.27-0.86-0.77-0.39-0.75-0.27-0.45-0.9-0.51
0.880.120.690.860.74-0.11-0.27-0.270.770.79-0.350.870.30.880.890.690.630.840.880.80.880.660.90.82-0.51
Click cells to compare fundamentals

Stampede Drilling Account Relationship Matchups

Stampede Drilling fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.2M47.8M50.8M108.3M118.6M124.5M
Other Current Liab494K364K845K2.2M2.5M2.0M
Total Current Liabilities16.2M10.0M10.1M19.8M12.0M7.2M
Total Stockholder Equity36.6M32.8M36.2M72.8M82.7M86.9M
Net Debt11.4M12.8M11.2M21.3M17.5M18.4M
Retained Earnings(30.5M)(34.5M)(31.7M)(23.5M)(12.9M)(13.6M)
Cash321K684K665K703K3.5M3.5M
Cash And Short Term Investments321K684K665K703K3.5M3.5M
Net Receivables7.5M3.4M6.8M13.9M14.1M14.8M
Common Stock Shares Outstanding131.9M132.0M145.0M176.9M227.2M238.6M
Liabilities And Stockholders Equity53.2M47.8M50.8M108.3M118.6M124.5M
Other Stockholder Equity4.0M4.2M4.7M8.2M11.6M14.6M
Total Liab16.6M15.0M14.6M29.8M30.2M31.8M
Total Current Assets8.0M4.2M7.7M14.9M17.9M11.3M
Property Plant And Equipment Net44.8M43.1M42.6M88.9M96.2M101.0M
Non Current Assets Total45.2M43.6M43.1M93.4M100.6M105.7M
Other Current Assets123K106K213K315K287K187.8K
Accounts Payable4.5M974K1.7M5.5M6.6M3.4M
Non Current Liabilities Total429K5.0M4.4M10.1M18.3M19.2M
Accumulated Other Comprehensive Income888K882K908K932K917K1.3M
Net Tangible Assets36.1M32.3M35.7M72.4M83.2M87.4M
Common Stock62.2M62.2M62.2M87.2M83.1M65.6M
Property Plant Equipment44.8M43.1M42.6M88.9M102.2M107.3M
Short Long Term Debt Total11.7M13.4M11.8M22.0M21.1M13.9M
Net Invested Capital47.6M45.5M47.6M93.0M100.0M65.2M
Net Working Capital(8.2M)(5.8M)(2.5M)(4.8M)6.0M6.3M
Short Long Term Debt11.0M8.4M7.4M11.6M13.3M9.2M
Capital Stock62.2M62.2M62.2M87.2M83.1M76.8M
Short Term Debt11.3M8.7M7.6M12.0M2.8M2.7M

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