| SPA Stock | | | CAD 0.11 0.01 10.00% |
Spanish Mountain financial indicator trend analysis is much more than just breaking down Spanish Mountain Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spanish Mountain Gold is a good investment. Please check the relationship between Spanish Mountain Selling General Administrative and its Depreciation And Amortization accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Spanish Mountain Gold. 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.
Selling General Administrative vs Depreciation And Amortization
Selling General Administrative vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Spanish Mountain Gold Selling General Administrative account and
Depreciation And Amortization. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Spanish Mountain's Selling General Administrative and Depreciation And Amortization is 0.17. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Spanish Mountain Gold, assuming nothing else is changed. The correlation between historical values of Spanish Mountain's Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Spanish Mountain Gold are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., Spanish Mountain's Selling General Administrative and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.17 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Selling General Administrative
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Spanish Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spanish Mountain Gold 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 Spanish Mountain Gold. 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.
Selling General Administrative is likely to drop to about 1
M in 2024.
Tax Provision is likely to drop to about (215.1
K) in 2024
Spanish Mountain fundamental ratios Correlations
Click cells to compare fundamentals
Spanish Mountain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Spanish Mountain fundamental ratios Accounts
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