Sienna Total Current Liabilities vs Net Debt Analysis

SIE Stock

CAD 0.03 0.01 25.00%

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

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sienna Resources Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sienna Resources' Total Current Liabilities and Net Debt is 0.63. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt in the same time period over historical financial statements of Sienna Resources, assuming nothing else is changed. The correlation between historical values of Sienna Resources' Total Current Liabilities and Net 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 Total Current Liabilities of Sienna Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Sienna Resources' Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

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Total Current Liabilities

Total Current Liabilities is an item on Sienna Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sienna Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Sienna Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sienna Resources 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 Sienna Resources. 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, Sienna Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.7 M in 2024.

Sienna Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Assets Total	Other Current Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Net Tangible Assets	Other Assets	Inventory	Short Long Term Debt	Common Stock
Total Assets		0.1	-0.25	0.89	-0.59	-0.44	-0.29	0.65	0.65	0.27	0.49	0.2	-0.25	0.69	0.76	-0.24	0.94	0.01	0.23	0.29	0.2	0.43	0.45	-0.14	0.19	0.11
Other Current Liab	0.1		-0.34	0.24	-0.03	0.46	-0.42	0.05	0.05	0.12	-0.2	0.05	-0.34	0.05	0.15	-0.08	0.14	-0.11	0.49	0.03	0.47	0.3	-0.06	-0.49	0.51	-0.29
Total Current Liabilities	-0.25	-0.34		-0.66	0.63	0.23	0.99	-0.63	-0.63	0.36	-0.66	0.57	1.0	-0.56	0.13	0.38	-0.21	0.24	-0.09	0.07	-0.01	-0.69	-0.77	-0.02	-0.08	-0.36
Total Stockholder Equity	0.89	0.24	-0.66		-0.75	-0.44	-0.69	0.8	0.8	0.04	0.69	-0.11	-0.66	0.8	0.53	-0.36	0.83	-0.1	0.22	0.19	0.17	0.66	0.7	-0.1	0.19	0.25
Net Debt	-0.59	-0.03	0.63	-0.75		0.61	0.59	-0.99	-0.99	0.33	-0.79	0.36	0.63	-0.98	0.0	0.09	-0.34	-0.01	0.28	0.33	0.34	-0.39	-0.77	-0.39	0.29	-0.61
Retained Earnings	-0.44	0.46	0.23	-0.44	0.61		0.16	-0.6	-0.6	0.26	-0.8	0.22	0.22	-0.6	-0.09	0.02	-0.29	-0.06	0.62	0.4	0.65	-0.05	-0.65	-0.74	0.64	-0.81
Accounts Payable	-0.29	-0.42	0.99	-0.69	0.59	0.16		-0.6	-0.6	0.28	-0.61	0.51	0.99	-0.54	0.05	0.4	-0.28	0.27	-0.2	-0.01	-0.12	-0.73	-0.72	0.09	-0.2	-0.27
Cash	0.65	0.05	-0.63	0.8	-0.99	-0.6	-0.6		1.0	-0.27	0.78	-0.3	-0.63	0.99	0.06	-0.12	0.41	-0.02	-0.21	-0.26	-0.27	0.41	0.75	0.32	-0.23	0.56
Cash And Short Term Investments	0.65	0.05	-0.63	0.8	-0.99	-0.6	-0.6	1.0		-0.27	0.78	-0.3	-0.63	0.99	0.06	-0.12	0.41	-0.02	-0.21	-0.26	-0.27	0.41	0.75	0.32	-0.23	0.56
Net Receivables	0.27	0.12	0.36	0.04	0.33	0.26	0.28	-0.27	-0.27		-0.41	0.42	0.36	-0.18	0.54	-0.25	0.38	-0.2	0.54	0.57	0.54	0.1	-0.35	-0.57	0.54	-0.53
Common Stock Shares Outstanding	0.49	-0.2	-0.66	0.69	-0.79	-0.8	-0.61	0.78	0.78	-0.41		-0.39	-0.66	0.76	-0.03	-0.05	0.36	-0.12	-0.37	-0.31	-0.41	0.27	0.82	0.52	-0.41	0.74
Other Stockholder Equity	0.2	0.05	0.57	-0.11	0.36	0.22	0.51	-0.3	-0.3	0.42	-0.39		0.57	-0.22	0.41	0.4	0.28	-0.16	0.35	0.38	0.41	-0.32	-0.65	-0.38	0.33	-0.57
Total Liab	-0.25	-0.34	1.0	-0.66	0.63	0.22	0.99	-0.63	-0.63	0.36	-0.66	0.57		-0.56	0.12	0.38	-0.22	0.24	-0.09	0.07	-0.01	-0.69	-0.76	-0.02	-0.09	-0.35
Total Current Assets	0.69	0.05	-0.56	0.8	-0.98	-0.6	-0.54	0.99	0.99	-0.18	0.76	-0.22	-0.56		0.11	-0.06	0.45	-0.03	-0.18	-0.23	-0.24	0.38	0.71	0.29	-0.2	0.54
Non Current Assets Total	0.76	0.15	0.13	0.53	0.0	-0.09	0.05	0.06	0.06	0.54	-0.03	0.41	0.12	0.11		-0.29	0.87	0.08	0.47	0.56	0.47	0.37	0.02	-0.44	0.46	-0.25
Other Current Assets	-0.24	-0.08	0.38	-0.36	0.09	0.02	0.4	-0.12	-0.12	-0.25	-0.05	0.4	0.38	-0.06	-0.29		-0.33	0.13	-0.21	-0.29	-0.16	-0.54	-0.32	0.23	-0.22	0.19
Property Plant And Equipment Net	0.94	0.14	-0.21	0.83	-0.34	-0.29	-0.28	0.41	0.41	0.38	0.36	0.28	-0.22	0.45	0.87	-0.33		-0.06	0.43	0.5	0.41	0.47	0.32	-0.34	0.38	-0.07
Non Currrent Assets Other	0.01	-0.11	0.24	-0.1	-0.01	-0.06	0.27	-0.02	-0.02	-0.2	-0.12	-0.16	0.24	-0.03	0.08	0.13	-0.06		-0.26	-0.33	-0.27	0.06	0.12	0.29	-0.24	0.27
Short Long Term Debt Total	0.23	0.49	-0.09	0.22	0.28	0.62	-0.2	-0.21	-0.21	0.54	-0.37	0.35	-0.09	-0.18	0.47	-0.21	0.43	-0.26		0.85	0.98	0.46	-0.28	-0.96	1.0	-0.69
Current Deferred Revenue	0.29	0.03	0.07	0.19	0.33	0.4	-0.01	-0.26	-0.26	0.57	-0.31	0.38	0.07	-0.23	0.56	-0.29	0.5	-0.33	0.85		0.85	0.37	-0.24	-0.85	0.83	-0.64
Short Term Debt	0.2	0.47	-0.01	0.17	0.34	0.65	-0.12	-0.27	-0.27	0.54	-0.41	0.41	-0.01	-0.24	0.47	-0.16	0.41	-0.27	0.98	0.85		0.34	-0.35	-0.97	0.97	-0.73
Net Tangible Assets	0.43	0.3	-0.69	0.66	-0.39	-0.05	-0.73	0.41	0.41	0.1	0.27	-0.32	-0.69	0.38	0.37	-0.54	0.47	0.06	0.46	0.37	0.34		0.59	-0.34	0.48	0.07
Other Assets	0.45	-0.06	-0.77	0.7	-0.77	-0.65	-0.72	0.75	0.75	-0.35	0.82	-0.65	-0.76	0.71	0.02	-0.32	0.32	0.12	-0.28	-0.24	-0.35	0.59		0.39	-0.29	0.72
Inventory	-0.14	-0.49	-0.02	-0.1	-0.39	-0.74	0.09	0.32	0.32	-0.57	0.52	-0.38	-0.02	0.29	-0.44	0.23	-0.34	0.29	-0.96	-0.85	-0.97	-0.34	0.39		-0.96	0.81
Short Long Term Debt	0.19	0.51	-0.08	0.19	0.29	0.64	-0.2	-0.23	-0.23	0.54	-0.41	0.33	-0.09	-0.2	0.46	-0.22	0.38	-0.24	1.0	0.83	0.97	0.48	-0.29	-0.96		-0.68
Common Stock	0.11	-0.29	-0.36	0.25	-0.61	-0.81	-0.27	0.56	0.56	-0.53	0.74	-0.57	-0.35	0.54	-0.25	0.19	-0.07	0.27	-0.69	-0.64	-0.73	0.07	0.72	0.81	-0.68

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Sienna Resources Account Relationship Matchups

Sienna Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2M	1.7M	2.1M	1.2M	3.5M	3.7M
Other Current Liab	33.2K	47.7K	40.2K	46.5K	36.5K	33.9K
Total Current Liabilities	916.4K	377.5K	71.6K	245.1K	142.4K	135.3K
Total Stockholder Equity	1.3M	1.3M	2.0M	952.9K	3.3M	3.5M
Net Debt	(468.4K)	(1.2M)	(723.0K)	(28.1K)	(1.3M)	(1.3M)
Retained Earnings	(22.5M)	(25.1M)	(26.1M)	(27.2M)	(28.5M)	(27.1M)
Accounts Payable	883.2K	329.8K	31.4K	158.6K	105.9K	100.6K
Cash	468.4K	1.2M	759.2K	68.1K	1.3M	1.4M
Cash And Short Term Investments	468.4K	1.2M	759.2K	68.1K	1.3M	1.4M
Net Receivables	23.0K	36.8K	15.6K	11.3K	5.2K	4.9K
Common Stock Shares Outstanding	57.6M	81.5M	119.4M	125.0M	177.7M	186.6M
Liabilities And Stockholders Equity	2.2M	1.7M	2.1M	1.2M	3.5M	3.7M
Other Stockholder Equity	3.5M	3.8M	4.3M	4.3M	5.0M	9.7M
Total Liab	916.4K	410.3K	107.8K	245.1K	142.4K	135.3K
Total Current Assets	497.2K	1.3M	777.5K	82.2K	1.4M	1.5M
Non Current Assets Total	1.7M	422.5K	1.3M	1.1M	2.1M	1.1M
Other Current Assets	5.8K	11.5K	2.7K	2.8K	40.8K	25.2K
Property Plant And Equipment Net	1.3M	422.5K	1.3M	1.1M	2.1M	2.2M
Non Currrent Assets Other	1.2M	1.6M	1.7M	18.3K	32.4K	30.7K
Accumulated Other Comprehensive Income	3.5M	3.8M	4.3M	4.3M	4.9M	2.9M
Net Tangible Assets	1.3M	1.3M	2.0M	952.9K	1.1M	603.4K
Common Stock	20.3M	22.6M	23.7M	23.9M	27.0M	18.8M
Property Plant Equipment	1.3M	422.5K	1.3M	1.1M	1.3M	1.0M
Net Invested Capital	1.3M	1.3M	2.0M	992.9K	3.3M	3.5M
Net Working Capital	(419.2K)	907.9K	705.9K	(162.9K)	1.2M	1.3M
Capital Stock	20.3M	22.6M	23.7M	23.9M	27.0M	25.2M

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