Santana Total Liab vs Long Term Investments 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 Liab and its Long Term Investments 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 Liab vs Long Term Investments
Total Liab vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Santana Minerals Total Liab account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Santana Minerals' Total Liab and Long Term Investments is 0.97. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Investments 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 Liab and Long Term Investments 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 Liab of Santana Minerals are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Liab i.e., Santana Minerals' Total Liab and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Long Term Investments
Long Term Investments is an item on the asset side of Santana Minerals balance sheet that represents investments Santana Minerals intends to hold for over a year. Santana Minerals long term investments may include different instruments such as stocks, bonds, real estate and cash.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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