Santana Total Current Liabilities vs Property Plant Equipment 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 Total Current Liabilities and its Property Plant Equipment 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.

Total Current Liabilities vs Property Plant Equipment

Total Current Liabilities vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Santana Minerals Total Current Liabilities account and Property Plant Equipment. At this time, the significance of the direction appears to have totally related.
The correlation between Santana Minerals' Total Current Liabilities and Property Plant Equipment is 1.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant Equipment 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' Total Current Liabilities and Property Plant Equipment 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 Santana Minerals are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Liabilities i.e., Santana Minerals' Total Current Liabilities and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Santana Minerals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Santana Minerals 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.

Property Plant Equipment

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

1.01.01.01.01.00.971.00.481.0-0.91.0-0.621.00.71.01.00.97-0.911.01.00.040.821.00.16-0.03
1.01.00.991.01.00.981.00.421.0-0.931.0-0.671.00.71.01.00.97-0.931.01.00.10.791.00.10.04
1.01.00.991.01.00.981.00.431.0-0.921.0-0.661.00.71.01.00.97-0.931.01.00.090.791.00.110.03
1.00.990.990.991.00.960.990.520.99-0.880.99-0.580.990.70.990.990.96-0.891.00.990.00.851.00.21-0.08
1.01.01.00.991.00.991.00.421.0-0.931.0-0.671.00.71.01.00.98-0.931.01.00.10.791.00.110.04
1.01.01.01.01.00.971.00.471.0-0.91.0-0.621.00.691.01.00.96-0.911.01.00.040.821.00.16-0.03
0.970.980.980.960.990.970.980.290.99-0.960.98-0.760.980.720.980.980.98-0.970.970.980.220.670.98-0.010.17
1.01.01.00.991.01.00.980.431.0-0.921.0-0.661.00.71.01.00.97-0.931.01.00.090.791.00.110.03
0.480.420.430.520.420.470.290.430.42-0.050.420.380.420.260.420.420.32-0.070.480.42-0.810.840.450.9-0.89
1.01.01.00.991.01.00.991.00.42-0.931.0-0.671.00.71.01.00.98-0.931.01.00.10.791.00.110.04
-0.9-0.93-0.92-0.88-0.93-0.9-0.96-0.92-0.05-0.93-0.920.89-0.93-0.69-0.92-0.92-0.941.0-0.9-0.93-0.46-0.53-0.910.25-0.4
1.01.01.00.991.01.00.981.00.421.0-0.92-0.661.00.71.01.00.97-0.931.01.00.10.791.00.110.03
-0.62-0.67-0.66-0.58-0.67-0.62-0.76-0.660.38-0.670.89-0.66-0.67-0.55-0.67-0.66-0.730.89-0.61-0.67-0.73-0.11-0.640.6-0.76
1.01.01.00.991.01.00.981.00.421.0-0.931.0-0.670.71.01.00.97-0.931.01.00.10.791.00.10.04
0.70.70.70.70.70.690.720.70.260.7-0.690.7-0.550.70.70.70.77-0.690.70.70.170.530.70.20.06
1.01.01.00.991.01.00.981.00.421.0-0.921.0-0.671.00.71.00.97-0.931.01.00.10.791.00.110.03
1.01.01.00.991.01.00.981.00.421.0-0.921.0-0.661.00.71.00.97-0.931.01.00.10.791.00.110.03
0.970.970.970.960.980.960.980.970.320.98-0.940.97-0.730.970.770.970.97-0.950.970.970.190.720.970.060.13
-0.91-0.93-0.93-0.89-0.93-0.91-0.97-0.93-0.07-0.931.0-0.930.89-0.93-0.69-0.93-0.93-0.95-0.91-0.93-0.43-0.54-0.920.23-0.39
1.01.01.01.01.01.00.971.00.481.0-0.91.0-0.611.00.71.01.00.97-0.911.00.030.821.00.17-0.03
1.01.01.00.991.01.00.981.00.421.0-0.931.0-0.671.00.71.01.00.97-0.931.00.10.791.00.10.04
0.040.10.090.00.10.040.220.09-0.810.1-0.460.1-0.730.10.170.10.10.19-0.430.030.1-0.390.07-0.850.92
0.820.790.790.850.790.820.670.790.840.79-0.530.79-0.110.790.530.790.790.72-0.540.820.79-0.390.80.61-0.54
1.01.01.01.01.01.00.981.00.451.0-0.911.0-0.641.00.71.01.00.97-0.921.01.00.070.80.140.0
0.160.10.110.210.110.16-0.010.110.90.110.250.110.60.10.20.110.110.060.230.170.1-0.850.610.14-0.94
-0.030.040.03-0.080.04-0.030.170.03-0.890.04-0.40.03-0.760.040.060.030.030.13-0.39-0.030.040.92-0.540.0-0.94
Click cells to compare fundamentals

Santana Minerals Account Relationship Matchups

Santana Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.8M17.1M19.9K40.0K69.8M66.3M
Other Current Liab36.1K29.5K390.9K43.9K39.5K37.5K
Total Current Liabilities280.4K391.3K642.62987.041.9M1.8M
Total Stockholder Equity8.5M16.8M19.3K39.0K67.8M64.5M
Net Tangible Assets8.5M16.8M19.3M39.0M35.1M33.3M
Retained Earnings(26.0M)(31.8M)(32.8K)(39.7K)(41.6M)(39.5M)
Accounts Payable251.0K391.3K642.6K987.0K1.8M1.7M
Cash831.0K3.9M2.5K17.2K33.1M34.7M
Net Receivables25.7K63.0K249.7K593.5K754.3K716.6K
Inventory(17.5K)1.0(249.7K)(593.5K)(678.7K)(644.8K)
Other Current Assets35.7K42.8K57.2K73.0K75.7K71.9K
Other Stockholder Equity(9.1K)(17.0K)(367.1)(1.0)(0.9)(0.85)
Total Liab280.4K391.3K642.62987.041.9M1.8M
Total Current Assets892.3K4.0M2.8K17.9K33.9M32.2M
Common Stock35.1M48.8M52.5K78.0K109.2M79.9M
Property Plant Equipment6.6M12.9M17.0M22.0M19.8M18.8M
Property Plant And Equipment Net15.7K67.1K17.0K22.0K35.8M37.5M
Net Debt(831.0K)(3.9M)(2.5K)(17.2K)(33.0M)(31.4M)
Non Current Assets Total7.9M13.1M17.2K22.1K35.9M37.7M
Non Currrent Assets Other6.6M12.8M(0.15)0.5543.9K41.7K
Cash And Short Term Investments831.0K3.9M2.5K17.2K33.1M34.7M
Common Stock Shares Outstanding367.4M88.3M126.4M150.2M182.0M191.1M
Liabilities And Stockholders Equity8.8M17.1M19.9M40.0M69.8M73.3M
Property Plant And Equipment Gross6.6M13.0M17.1M22.2M36.0M37.8M
Accumulated Other Comprehensive Income(550.0K)(220.0K)(367.2K)687.7K258.9K271.9K
Non Current Liabilities Total74.0K251.0K391.3K642.6K20.6K19.6K
Cash And Equivalents831.0K3.9M2.5M17.2M19.8M20.8M
Net Invested Capital8.5M16.8M19.3M39.0M67.8M71.2M
Net Working Capital611.9K3.6M2.1M16.9M32.0M33.6M
Capital Stock35.1M48.8M52.5M78.0M109.2M64.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Santana Stock Analysis

When running Santana Minerals' price analysis, check to measure Santana Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Santana Minerals is operating at the current time. Most of Santana Minerals' value examination focuses on studying past and present price action to predict the probability of Santana Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Santana Minerals' price. Additionally, you may evaluate how the addition of Santana Minerals to your portfolios can decrease your overall portfolio volatility.