Saville Investments vs Change To Liabilities Analysis

SRE Stock  CAD 0.40  0.00  0.00%   
Saville Resources financial indicator trend analysis is much more than just breaking down Saville Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saville Resources is a good investment. Please check the relationship between Saville Resources Investments and its Change To Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saville Resources. 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.

Investments vs Change To Liabilities

Investments vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saville Resources Investments account and Change To Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Saville Resources' Investments and Change To Liabilities is -0.33. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Saville Resources, assuming nothing else is changed. The correlation between historical values of Saville Resources' Investments and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Saville Resources are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Investments i.e., Saville Resources' Investments and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Liabilities

Most indicators from Saville Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saville Resources 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 Saville Resources. 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 climb to about 324.2 K in 2024, whereas Tax Provision is likely to drop (92.7 K) in 2024.

Saville Resources fundamental ratios Correlations

0.150.990.76-0.240.170.64-0.010.550.650.640.460.610.970.980.990.66-0.510.150.650.20.27-0.140.27
0.150.030.48-0.520.87-0.17-0.170.77-0.140.540.60.490.220.10.1-0.24-0.370.63-0.180.57-0.35-0.55-0.35
0.990.030.71-0.150.050.670.020.430.70.570.360.540.940.970.990.72-0.440.040.660.080.35-0.020.35
0.760.480.71-0.740.510.56-0.090.650.520.970.850.910.720.740.740.48-0.820.680.10.63-0.25-0.61-0.25
-0.24-0.52-0.15-0.74-0.69-0.250.25-0.56-0.07-0.83-0.94-0.87-0.26-0.27-0.22-0.040.89-0.90.38-0.890.80.90.8
0.170.870.050.51-0.69-0.23-0.060.71-0.070.560.750.620.230.10.11-0.2-0.470.64-0.280.69-0.62-0.68-0.62
0.64-0.170.670.56-0.25-0.23-0.10.130.740.50.260.420.510.680.670.78-0.460.180.30.10.13-0.110.13
-0.01-0.170.02-0.090.25-0.06-0.1-0.220.25-0.18-0.21-0.2-0.1-0.13-0.09-0.030.29-0.230.0-0.230.140.220.14
0.550.770.430.65-0.560.710.13-0.22-0.040.680.740.610.670.540.51-0.08-0.610.670.340.74-0.21-0.68-0.21
0.65-0.140.70.52-0.07-0.070.740.25-0.040.380.110.30.430.570.660.94-0.13-0.090.2-0.150.220.140.22
0.640.540.570.97-0.830.560.5-0.180.680.380.890.920.630.650.630.36-0.890.790.00.72-0.36-0.7-0.36
0.460.60.360.85-0.940.750.26-0.210.740.110.890.930.510.460.430.07-0.910.88-0.140.9-0.66-0.9-0.66
0.610.490.540.91-0.870.620.42-0.20.610.30.920.930.620.620.590.29-0.930.71-0.10.7-0.5-0.69-0.5
0.970.220.940.72-0.260.230.51-0.10.670.430.630.510.620.970.950.46-0.560.20.710.290.25-0.210.25
0.980.10.970.74-0.270.10.68-0.130.540.570.650.460.620.970.980.62-0.580.170.670.220.28-0.150.28
0.990.10.990.74-0.220.110.67-0.090.510.660.630.430.590.950.980.7-0.50.120.660.160.3-0.10.3
0.66-0.240.720.48-0.04-0.20.78-0.03-0.080.940.360.070.290.460.620.7-0.16-0.150.27-0.20.290.20.29
-0.51-0.37-0.44-0.820.89-0.47-0.460.29-0.61-0.13-0.89-0.91-0.93-0.56-0.58-0.5-0.16-0.80.04-0.790.520.780.52
0.150.630.040.68-0.90.640.18-0.230.67-0.090.790.880.710.20.170.12-0.15-0.8-0.290.94-0.69-0.95-0.69
0.65-0.180.660.10.38-0.280.30.00.340.20.0-0.14-0.10.710.670.660.270.04-0.29-0.160.710.250.71
0.20.570.080.63-0.890.690.1-0.230.74-0.150.720.90.70.290.220.16-0.2-0.790.94-0.16-0.74-0.99-0.74
0.27-0.350.35-0.250.8-0.620.130.14-0.210.22-0.36-0.66-0.50.250.280.30.290.52-0.690.71-0.740.791.0
-0.14-0.55-0.02-0.610.9-0.68-0.110.22-0.680.14-0.7-0.9-0.69-0.21-0.15-0.10.20.78-0.950.25-0.990.790.79
0.27-0.350.35-0.250.8-0.620.130.14-0.210.22-0.36-0.66-0.50.250.280.30.290.52-0.690.71-0.741.00.79
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Saville Resources Account Relationship Matchups

Saville Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9M2.3M3.3M3.2M398.6K378.6K
Total Current Liabilities57.5K173.2K192.3K304.3K435.0K227.9K
Total Stockholder Equity1.8M2.1M2.8M2.5M(36.4K)(34.6K)
Net Tangible Assets1.8M2.1M2.8M2.5M2.9M1.5M
Retained Earnings(8.8M)(9.2M)(9.5M)(9.7M)(12.3M)(12.9M)
Accounts Payable57.5K79.4K113.4K304.3K350.0K367.5K
Cash133.4K488.3K522.7K56.1K54.5K51.8K
Net Receivables3.0K2.8K3.0K687.0618.3587.39
Total Liab77.2K203.8K468.3K673.3K435.0K297.4K
Total Current Assets268.1K724.8K595.3K110.9K72.5K68.9K
Property Plant Equipment1.6M1.6M2.7M3.1M3.5M3.7M
Non Current Assets Total1.6M1.6M2.7M3.1M326.1K309.8K
Net Invested Capital1.8M2.1M3.1M2.9M(36.4K)(34.6K)
Net Working Capital210.6K551.7K403.0K(193.4K)(362.5K)(344.4K)
Short Term Investments126.4K114.7K68.1K52.5K14.4K13.7K

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