SuRo Net Tangible Assets vs Long Term Investments Analysis

SSSS Stock  USD 6.19  0.05  0.81%   
SuRo Capital financial indicator trend analysis is much more than just breaking down SuRo Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SuRo Capital Corp is a good investment. Please check the relationship between SuRo Capital Net Tangible Assets and its Long Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SuRo Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Net Tangible Assets vs Long Term Investments

Net Tangible Assets vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SuRo Capital Corp Net Tangible Assets account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SuRo Capital's Net Tangible Assets and Long Term Investments is -0.21. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of SuRo Capital Corp, assuming nothing else is changed. The correlation between historical values of SuRo Capital's Net Tangible Assets 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 Net Tangible Assets of SuRo Capital Corp 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 Net Tangible Assets i.e., SuRo Capital's Net Tangible Assets and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Long Term Investments

Long Term Investments is an item on the asset side of SuRo Capital balance sheet that represents investments SuRo Capital Corp intends to hold for over a year. SuRo Capital Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from SuRo Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SuRo Capital Corp 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 SuRo Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Selling General Administrative is likely to drop to about 9.5 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

SuRo Capital fundamental ratios Correlations

-0.050.480.910.010.580.440.930.19-0.070.360.590.680.40.130.170.340.620.83-0.070.690.510.09-0.170.180.15
-0.050.04-0.05-0.25-0.110.19-0.220.290.470.13-0.38-0.470.340.050.43-0.29-0.35-0.030.47-0.290.170.19-0.140.040.21
0.480.040.150.00.930.060.470.24-0.09-0.07-0.060.070.480.620.010.38-0.120.77-0.08-0.030.520.41-0.610.620.34
0.91-0.050.15-0.170.290.550.8-0.070.040.50.650.680.16-0.070.150.210.730.510.040.760.41-0.10.03-0.09-0.02
0.01-0.250.0-0.17-0.04-0.80.340.18-0.87-0.740.00.010.46-0.040.21-0.150.10.25-0.87-0.11-0.150.160.00.110.25
0.58-0.110.930.29-0.040.10.560.21-0.110.070.030.180.340.33-0.060.52-0.010.8-0.10.070.580.21-0.310.510.13
0.440.190.060.55-0.80.10.090.120.790.880.460.47-0.20.14-0.120.250.310.160.80.590.16-0.02-0.11-0.05-0.1
0.93-0.220.470.80.340.560.090.1-0.440.030.550.650.490.090.220.320.630.82-0.440.60.450.13-0.140.230.22
0.190.290.24-0.070.180.210.120.10.180.170.030.140.170.060.080.15-0.150.480.180.030.140.1-0.080.140.12
-0.070.47-0.090.04-0.87-0.110.79-0.440.180.77-0.07-0.1-0.350.06-0.19-0.05-0.2-0.21.00.040.03-0.12-0.02-0.19-0.22
0.360.13-0.070.5-0.740.070.880.030.170.770.420.39-0.35-0.17-0.140.10.30.080.780.520.1-0.240.2-0.26-0.29
0.59-0.38-0.060.650.00.030.460.550.03-0.070.420.930.070.040.080.240.750.33-0.060.96-0.080.13-0.060.040.11
0.68-0.470.070.680.010.180.470.650.14-0.10.390.930.050.08-0.020.420.810.47-0.090.94-0.040.07-0.070.080.08
0.40.340.480.160.460.34-0.20.490.17-0.35-0.350.070.050.360.46-0.120.10.59-0.350.090.140.49-0.450.380.7
0.130.050.62-0.07-0.040.330.140.090.060.06-0.170.040.080.36-0.070.0-0.080.330.060.050.040.6-0.980.530.53
0.170.430.010.150.21-0.06-0.120.220.08-0.19-0.140.08-0.020.46-0.07-0.10.040.14-0.190.090.220.15-0.150.110.53
0.34-0.290.380.21-0.150.520.250.320.15-0.050.10.240.42-0.120.0-0.10.140.42-0.030.270.250.190.020.52-0.21
0.62-0.35-0.120.730.1-0.010.310.63-0.15-0.20.30.750.810.1-0.080.040.140.28-0.190.83-0.26-0.030.07-0.12-0.04
0.83-0.030.770.510.250.80.160.820.48-0.20.080.330.470.590.330.140.420.28-0.20.390.490.32-0.360.460.32
-0.070.47-0.080.04-0.87-0.10.8-0.440.181.00.78-0.06-0.09-0.350.06-0.19-0.03-0.19-0.20.050.04-0.12-0.02-0.18-0.22
0.69-0.29-0.030.76-0.110.070.590.60.030.040.520.960.940.090.050.090.270.830.390.05-0.070.14-0.070.060.13
0.510.170.520.41-0.150.580.160.450.140.030.1-0.08-0.040.140.040.220.25-0.260.490.04-0.07-0.16-0.090.090.06
0.090.190.41-0.10.160.21-0.020.130.1-0.12-0.240.130.070.490.60.150.19-0.030.32-0.120.14-0.16-0.630.890.57
-0.17-0.14-0.610.030.0-0.31-0.11-0.14-0.08-0.020.2-0.06-0.07-0.45-0.98-0.150.020.07-0.36-0.02-0.07-0.09-0.63-0.55-0.65
0.180.040.62-0.090.110.51-0.050.230.14-0.19-0.260.040.080.380.530.110.52-0.120.46-0.180.060.090.89-0.550.46
0.150.210.34-0.020.250.13-0.10.220.12-0.22-0.290.110.080.70.530.53-0.21-0.040.32-0.220.130.060.57-0.650.46
Click cells to compare fundamentals

SuRo Capital Account Relationship Matchups

SuRo Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets288.6M478.9M462.3M284.4M277.6M373.0M
Other Current Liab4.0M(633.7K)24.0M(288.3K)266.1K252.8K
Total Current Liabilities49.8M139.3M24.4M716.7K498.8K473.9K
Total Stockholder Equity199.9M301.6M364.8M210.0M203.4M257.1M
Net Debt(6.1M)(7.8M)(125.4M)33.6M45.6M47.8M
Accounts Payable45.9M139.9M24.4M1.0M498.8K473.9K
Cash44.9M45.8M198.4M40.1M28.2M41.4M
Non Current Assets Total241.6M431.7M261.2M243.1M248.6M322.6M
Non Currrent Assets Other(775.7K)297.2K621.7K555.8K594.7K624.5K
Cash And Short Term Investments44.9M45.8M198.4M40.1M28.2M49.1M
Net Receivables84.6K1.0M2.2M767.1K441.9K441.6K
Common Stock Total Equity197.6K175.6K199.1K284.3K326.9K214.8K
Common Stock Shares Outstanding23.1M21.8M26.8M30.0M26.2M23.0M
Short Term Investments320.6T1.0231.8M130.9M117.8M111.9M
Liabilities And Stockholders Equity288.6M478.9M462.3M284.4M277.6M372.4M
Non Current Liabilities Total38.8M38.0M73.0M73.7M73.7M70.1M
Other Current Assets2.0M985.6K938.0K727.0K691.4K948.0K
Other Stockholder Equity204.2M221.8M285.5M387.2M207.4M259.0M
Total Liab88.6M177.3M97.5M74.4M74.2M115.3M
Total Current Assets47.0M47.2M201.1M41.3M29.3M50.4M
Common Stock175.6K199.1K311.2K284.3K254.5K229.6K
Retained Earnings21.2M79.6M14.5M(121.2M)(4.3M)(4.1M)
Short Long Term Debt Total39.0M38.0M73.0M73.7M73.7M65.6M
Other Assets1.8M1.3M1.6M(129.0M)(309.3K)(324.8K)
Net Tangible Assets199.9M301.6M364.8M358.8M412.6M286.7M
Capital Surpluse202.6M192.3M178.6M330.9M380.5M249.9M
Deferred Long Term Liab11.4K297.2K621.7K555.8K639.1K389.2K
Long Term Investments241.6M430.8M260.1M242.2M247.9M241.2M
Net Invested Capital238.7M339.0M437.9M283.4M277.1M327.3M
Capital Stock175.6K199.1K311.2K284.3K254.5K260.8K

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 SuRo Stock Analysis

When running SuRo Capital's price analysis, check to measure SuRo Capital's 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 SuRo Capital is operating at the current time. Most of SuRo Capital's value examination focuses on studying past and present price action to predict the probability of SuRo Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SuRo Capital's price. Additionally, you may evaluate how the addition of SuRo Capital to your portfolios can decrease your overall portfolio volatility.