Stelmine Cash And Short Term Investments vs Net Debt Analysis
STH Stock | CAD 0.02 0.00 0.00% |
Stelmine Canada financial indicator trend analysis is much more than just breaking down Stelmine Canada prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stelmine Canada is a good investment. Please check the relationship between Stelmine Canada Cash And Short Term Investments and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stelmine Canada. 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.
Cash And Short Term Investments vs Net Debt
Cash And Short Term Investments vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stelmine Canada Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Stelmine Canada's Cash And Short Term Investments and Net Debt is -0.92. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Stelmine Canada, assuming nothing else is changed. The correlation between historical values of Stelmine Canada's Cash And Short Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Stelmine Canada are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Stelmine Canada's Cash And Short Term Investments and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Stelmine Canada balance sheet. This account contains Stelmine Canada investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Stelmine Canada fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Stelmine Canada's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stelmine Canada 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 Stelmine Canada. 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. At this time, Stelmine Canada's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 52.68 in 2024.
Stelmine Canada fundamental ratios Correlations
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Stelmine Canada Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stelmine Canada fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.8M | 4.5M | 9.9M | 9.9M | 11.4M | 12.0M | |
Other Current Liab | 59.6K | 69.2K | 119.6K | 217.5K | 195.8K | 102.2K | |
Total Current Liabilities | 98.8K | 312.7K | 1.2M | 772.9K | 888.8K | 933.3K | |
Total Stockholder Equity | 2.7M | 4.1M | 8.7M | 9.1M | 10.4M | 10.9M | |
Retained Earnings | (7.5M) | (8.2M) | (9.9M) | (10.7M) | (9.7M) | (9.2M) | |
Non Current Assets Total | 2.3M | 3.4M | 7.1M | 9.0M | 10.4M | 10.9M | |
Common Stock Shares Outstanding | 35.7M | 44.4M | 78.5M | 89.8M | 103.3M | 108.5M | |
Liabilities And Stockholders Equity | 2.8M | 4.5M | 9.9M | 9.9M | 11.4M | 12.0M | |
Total Liab | 128.8K | 342.7K | 1.2M | 842.1K | 968.4K | 500.8K | |
Common Stock | 7.8M | 9.1M | 13.7M | 14.5M | 16.6M | 17.5M | |
Property Plant And Equipment Net | 2.3M | 3.4M | 7.1M | 9.0M | 10.4M | 10.9M | |
Net Debt | (202.1K) | (836.9K) | (1.7M) | (375.7K) | (338.2K) | (355.1K) | |
Accounts Payable | 39.2K | 243.4K | 1.1M | 511.4K | 588.1K | 343.5K | |
Cash | 232.1K | 866.9K | 1.8M | 488.9K | 562.2K | 363.1K | |
Cash And Short Term Investments | 232.1K | 866.9K | 1.8M | 488.9K | 562.2K | 418.1K | |
Net Receivables | 15.4K | 111.7K | 765.2K | 132.2K | 152.0K | 111.5K | |
Other Stockholder Equity | 2.3M | 2.5M | 3.2M | 3.4M | 3.9M | 3.2M | |
Total Current Assets | 516.8K | 1.1M | 2.8M | 907.2K | 1.0M | 590.5K | |
Accumulated Other Comprehensive Income | 122.3K | 820.5K | 1.8M | 1.9M | 2.2M | 2.3M | |
Other Current Assets | 166.9K | 81.7K | 60.6K | 107.8K | 124.0K | 130.2K | |
Net Tangible Assets | 2.0M | 2.7M | 4.1M | 8.7M | 10.0M | 10.5M | |
Property Plant Equipment | 1.9M | 2.3M | 3.4M | 7.1M | 8.2M | 8.6M | |
Net Invested Capital | 2.7M | 4.2M | 8.7M | 9.1M | 10.5M | 11.0M | |
Net Working Capital | 418.0K | 747.7K | 1.6M | 134.3K | 154.4K | 146.7K | |
Inventory | 81.1K | 102.4K | 220.4K | 178.3K | 160.5K | 185.5K | |
Capital Stock | 7.8M | 9.1M | 13.7M | 14.5M | 16.6M | 10.8M |
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When running Stelmine Canada's price analysis, check to measure Stelmine Canada'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 Stelmine Canada is operating at the current time. Most of Stelmine Canada's value examination focuses on studying past and present price action to predict the probability of Stelmine Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stelmine Canada's price. Additionally, you may evaluate how the addition of Stelmine Canada to your portfolios can decrease your overall portfolio volatility.