Sprott Accounts Payable vs Total Liab Analysis

SII Stock  USD 43.78  0.51  1.18%   
Sprott financial indicator trend analysis is much more than just breaking down Sprott Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprott Inc is a good investment. Please check the relationship between Sprott Accounts Payable and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Total Liab

Accounts Payable vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprott Inc Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sprott's Accounts Payable and Total Liab is 0.71. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Sprott Inc, assuming nothing else is changed. The correlation between historical values of Sprott's Accounts Payable and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Sprott Inc are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Sprott's Accounts Payable and Total Liab go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Sprott obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sprott Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Sprott's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprott Inc 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 Sprott Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The current Selling General Administrative is estimated to decrease to about 16.6 M. The current Tax Provision is estimated to decrease to about 6.7 M
 2021 2022 2023 2024 (projected)
Gross Profit87.1M74.2M64.2M80.9M
Total Revenue164.9M154.3M146.3M108.0M

Sprott fundamental ratios Correlations

-0.03-0.520.860.150.03-0.07-0.490.080.720.66-0.480.070.08-0.050.40.190.42-0.210.19-0.370.040.350.160.430.28
-0.030.19-0.09-0.32-0.360.07-0.160.37-0.2-0.410.4-0.18-0.150.36-0.09-0.320.510.15-0.270.260.2-0.43-0.33-0.34-0.05
-0.520.19-0.75-0.47-0.470.710.920.42-0.68-0.450.670.31-0.70.53-0.45-0.58-0.020.69-0.480.60.61-0.66-0.4-0.64-0.32
0.86-0.09-0.750.1-0.05-0.32-0.740.080.620.74-0.440.110.3-0.040.130.430.1-0.670.05-0.31-0.210.37-0.010.40.03
0.15-0.32-0.470.10.74-0.49-0.28-0.670.64-0.17-0.71-0.530.52-0.80.620.210.330.030.74-0.72-0.430.710.860.610.6
0.03-0.36-0.47-0.050.74-0.51-0.24-0.960.54-0.15-0.79-0.60.56-0.880.80.080.120.060.9-0.81-0.50.680.890.670.62
-0.070.070.71-0.32-0.49-0.510.710.44-0.270.030.380.27-0.970.65-0.31-0.620.020.52-0.470.350.97-0.76-0.4-0.75-0.26
-0.49-0.160.92-0.74-0.28-0.240.710.19-0.55-0.350.460.34-0.680.37-0.31-0.53-0.150.71-0.30.440.56-0.47-0.18-0.48-0.22
0.080.370.420.08-0.67-0.960.440.19-0.460.190.760.57-0.490.81-0.64-0.030.030.04-0.790.780.45-0.58-0.8-0.54-0.42
0.72-0.2-0.680.620.640.54-0.27-0.55-0.460.34-0.87-0.480.34-0.570.660.180.5-0.140.57-0.85-0.140.550.690.530.48
0.66-0.41-0.450.74-0.17-0.150.03-0.350.190.34-0.230.410.030.170.010.23-0.24-0.45-0.13-0.060.040.11-0.190.2-0.06
-0.480.40.67-0.44-0.71-0.790.380.460.76-0.87-0.230.58-0.430.79-0.72-0.19-0.260.21-0.760.970.29-0.62-0.78-0.6-0.48
0.07-0.180.310.11-0.53-0.60.270.340.57-0.480.410.58-0.290.68-0.56-0.06-0.39-0.06-0.620.740.14-0.22-0.61-0.14-0.37
0.08-0.15-0.70.30.520.56-0.97-0.68-0.490.340.03-0.43-0.29-0.670.330.54-0.03-0.470.49-0.4-0.950.770.470.750.3
-0.050.360.53-0.04-0.8-0.880.650.370.81-0.570.170.790.68-0.67-0.71-0.4-0.210.07-0.850.810.61-0.74-0.87-0.7-0.57
0.4-0.09-0.450.130.620.8-0.31-0.31-0.640.660.01-0.72-0.560.33-0.710.060.490.260.89-0.74-0.240.60.810.660.83
0.19-0.32-0.580.430.210.08-0.62-0.53-0.030.180.23-0.19-0.060.54-0.40.06-0.23-0.550.19-0.11-0.630.60.120.52-0.03
0.420.51-0.020.10.330.120.02-0.150.030.5-0.24-0.26-0.39-0.03-0.210.49-0.230.440.25-0.340.170.050.390.140.5
-0.210.150.69-0.670.030.060.520.710.04-0.14-0.450.21-0.06-0.470.070.26-0.550.440.10.120.48-0.210.25-0.180.32
0.19-0.27-0.480.050.740.9-0.47-0.3-0.790.57-0.13-0.76-0.620.49-0.850.890.190.250.1-0.79-0.440.740.870.720.8
-0.370.260.6-0.31-0.72-0.810.350.440.78-0.85-0.060.970.74-0.40.81-0.74-0.11-0.340.12-0.790.24-0.53-0.8-0.5-0.5
0.040.20.61-0.21-0.43-0.50.970.560.45-0.140.040.290.14-0.950.61-0.24-0.630.170.48-0.440.24-0.77-0.38-0.76-0.23
0.35-0.43-0.660.370.710.68-0.76-0.47-0.580.550.11-0.62-0.220.77-0.740.60.60.05-0.210.74-0.53-0.770.710.940.52
0.16-0.33-0.4-0.010.860.89-0.4-0.18-0.80.69-0.19-0.78-0.610.47-0.870.810.120.390.250.87-0.8-0.380.710.670.71
0.43-0.34-0.640.40.610.67-0.75-0.48-0.540.530.2-0.6-0.140.75-0.70.660.520.14-0.180.72-0.5-0.760.940.670.6
0.28-0.05-0.320.030.60.62-0.26-0.22-0.420.48-0.06-0.48-0.370.3-0.570.83-0.030.50.320.8-0.5-0.230.520.710.6
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Sprott Account Relationship Matchups

Sprott fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets324.9M377.3M365.9M383.7M378.8M358.7M
Other Current Liab7.7M17.5M18.8M21.5M7.8M15.6M
Total Current Liabilities35.2M47.2M28.1M25.8M21.4M40.4M
Total Stockholder Equity271.6M291.0M291.2M277.3M305.7M282.9M
Property Plant And Equipment Net16.2M16.6M16.5M12.5M10.9M8.7M
Net Debt(39.4M)(27.1M)(20.0M)2.8M3.6M3.8M
Retained Earnings(102.7M)(104.5M)(97.0M)(105.3M)(89.4M)(84.9M)
Accounts Payable23.6M29.7M9.4M10.7M12.6M23.1M
Cash54.7M44.1M49.8M51.7M20.7M19.6M
Non Current Assets Total229.5M292.0M288.3M306.8M333.8M199.4M
Non Currrent Assets Other1.4M16.1M12.4M21.3M24.3M19.3M
Cash And Short Term Investments72.2M53.6M55.9M55.0M22.9M21.7M
Net Receivables10.1M22.5M14.8M13.2M8.7M8.2M
Common Stock Shares Outstanding25.7M25.8M25.9M26.2M26.1M23.7M
Short Term Investments17.5M9.5M6.1M3.3M2.2M2.1M
Liabilities And Stockholders Equity324.9M377.3M365.9M383.7M378.8M358.7M
Non Current Liabilities Total18.1M39.1M46.5M80.7M51.7M54.3M
Other Current Assets13.0M9.2M6.8M8.7M13.5M8.1M
Other Stockholder Equity33.4M147.8M132.2M197.3M35.3M33.5M
Total Liab53.3M86.4M74.7M106.5M73.1M55.2M
Property Plant And Equipment Gross21.2M16.6M32.5M30.9M31.0M32.6M
Total Current Assets95.3M85.3M77.5M77.0M45.1M42.8M
Accumulated Other Comprehensive Income24.5M(65.6M)(64.6M)(79.6M)(74.9M)(71.2M)
Inventory(21.6M)(12.1M)(7.8M)(4.5M)(3.0M)(3.1M)
Other Assets24.5M17.8M13.9M23.0M26.4M22.4M
Good Will19.1M19.2M19.1M19.1M17.2M25.7M
Common Stock Total Equity312.2M303.2M413.1M417.8M480.4M367.7M
Intangible Assets114.0M156.0M170.1M178.6M182.9M96.7M
Common Stock316.3M417.8M417.4M428.5M434.8M384.3M
Short Long Term Debt Total15.3M17.0M59.5M54.4M24.2M26.9M
Short Term Debt3.8M17.0M29.7M54.4M24.1M21.2M
Capital Surpluse33.1M43.2M43.3M35.4M40.7M38.8M
Property Plant Equipment16.2M16.6M16.5M12.5M14.4M12.5M
Other Liab6.7M14.3M8.5M8.2M9.5M7.2M
Net Tangible Assets138.4M115.9M102.0M79.5M71.6M143.0M
Current Deferred Revenue1.0(17.0M)(29.7M)(54.4M)(24.1M)(25.3M)
Net Invested Capital286.9M308.0M321.0M331.7M329.9M335.8M
Long Term Investments74.5M82.5M68.8M73.6M93.5M79.8M
Net Working Capital60.2M38.1M49.4M51.2M23.6M22.4M

Currently Active Assets on Macroaxis

When determining whether Sprott Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sprott's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sprott Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sprott Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sprott. If investors know Sprott will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sprott listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.885
Dividend Share
1.05
Earnings Share
1.81
Revenue Per Share
7.669
Quarterly Revenue Growth
0.349
The market value of Sprott Inc is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott's value that differs from its market value or its book value, called intrinsic value, which is Sprott's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sprott's market value can be influenced by many factors that don't directly affect Sprott's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sprott's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.