Santana Accounts Payable vs Other Liab Analysis
SMI Stock | 0.46 0.01 2.13% |
Santana Minerals financial indicator trend analysis is much more than just breaking down Santana Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Santana Minerals is a good investment. Please check the relationship between Santana Minerals Accounts Payable and its Other Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Santana Minerals. 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.
Accounts Payable vs Other Liab
Accounts Payable vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Santana Minerals Accounts Payable account and Other Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Santana Minerals' Accounts Payable and Other Liab is 1.0. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Liab in the same time period over historical financial statements of Santana Minerals, assuming nothing else is changed. The correlation between historical values of Santana Minerals' Accounts Payable and Other 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 Santana Minerals are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Accounts Payable i.e., Santana Minerals' Accounts Payable and Other Liab go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Santana Minerals 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 Santana Minerals 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.Other Liab
Most indicators from Santana Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Santana Minerals 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 Santana Minerals. 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. Issuance Of Capital Stock is likely to gain to about 32.8 M in 2024, despite the fact that Discontinued Operations is likely to grow to (3.4 M).
Santana Minerals fundamental ratios Correlations
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Santana Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Santana Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.8M | 17.1M | 19.9K | 40.0K | 69.8M | 66.3M | |
Other Current Liab | 36.1K | 29.5K | 390.9K | 43.9K | 39.5K | 37.5K | |
Total Current Liabilities | 280.4K | 391.3K | 642.62 | 987.04 | 1.9M | 1.8M | |
Total Stockholder Equity | 8.5M | 16.8M | 19.3K | 39.0K | 67.8M | 64.5M | |
Net Tangible Assets | 8.5M | 16.8M | 19.3M | 39.0M | 35.1M | 33.3M | |
Retained Earnings | (26.0M) | (31.8M) | (32.8K) | (39.7K) | (41.6M) | (39.5M) | |
Accounts Payable | 251.0K | 391.3K | 642.6K | 987.0K | 1.8M | 1.7M | |
Cash | 831.0K | 3.9M | 2.5K | 17.2K | 33.1M | 34.7M | |
Net Receivables | 25.7K | 63.0K | 249.7K | 593.5K | 754.3K | 716.6K | |
Inventory | (17.5K) | 1.0 | (249.7K) | (593.5K) | (678.7K) | (644.8K) | |
Other Current Assets | 35.7K | 42.8K | 57.2K | 73.0K | 75.7K | 71.9K | |
Other Stockholder Equity | (9.1K) | (17.0K) | (367.1) | (1.0) | (0.9) | (0.85) | |
Total Liab | 280.4K | 391.3K | 642.62 | 987.04 | 1.9M | 1.8M | |
Total Current Assets | 892.3K | 4.0M | 2.8K | 17.9K | 33.9M | 32.2M | |
Common Stock | 35.1M | 48.8M | 52.5K | 78.0K | 109.2M | 79.9M | |
Property Plant Equipment | 6.6M | 12.9M | 17.0M | 22.0M | 19.8M | 18.8M | |
Property Plant And Equipment Net | 15.7K | 67.1K | 17.0K | 22.0K | 35.8M | 37.5M | |
Net Debt | (831.0K) | (3.9M) | (2.5K) | (17.2K) | (33.0M) | (31.4M) | |
Non Current Assets Total | 7.9M | 13.1M | 17.2K | 22.1K | 35.9M | 37.7M | |
Non Currrent Assets Other | 6.6M | 12.8M | (0.15) | 0.55 | 43.9K | 41.7K | |
Cash And Short Term Investments | 831.0K | 3.9M | 2.5K | 17.2K | 33.1M | 34.7M | |
Common Stock Shares Outstanding | 367.4M | 88.3M | 126.4M | 150.2M | 182.0M | 191.1M | |
Liabilities And Stockholders Equity | 8.8M | 17.1M | 19.9M | 40.0M | 69.8M | 73.3M | |
Property Plant And Equipment Gross | 6.6M | 13.0M | 17.1M | 22.2M | 36.0M | 37.8M | |
Accumulated Other Comprehensive Income | (550.0K) | (220.0K) | (367.2K) | 687.7K | 258.9K | 271.9K | |
Non Current Liabilities Total | 74.0K | 251.0K | 391.3K | 642.6K | 20.6K | 19.6K | |
Cash And Equivalents | 831.0K | 3.9M | 2.5M | 17.2M | 19.8M | 20.8M | |
Net Invested Capital | 8.5M | 16.8M | 19.3M | 39.0M | 67.8M | 71.2M | |
Net Working Capital | 611.9K | 3.6M | 2.1M | 16.9M | 32.0M | 33.6M | |
Capital Stock | 35.1M | 48.8M | 52.5M | 78.0M | 109.2M | 64.7M |
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