Surge Total Liab vs Total Stockholder Equity Analysis
SURG Stock | CAD 0.1 0.01 5.56% |
Surge Copper financial indicator trend analysis is much more than just breaking down Surge Copper Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Surge Copper Corp is a good investment. Please check the relationship between Surge Copper Total Liab and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surge Copper 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 price.
Total Liab vs Total Stockholder Equity
Total Liab vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Surge Copper Corp Total Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Surge Copper's Total Liab and Total Stockholder Equity is 0.91. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Surge Copper Corp, assuming nothing else is changed. The correlation between historical values of Surge Copper's Total Liab and Total Stockholder Equity 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 Surge Copper Corp are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Liab i.e., Surge Copper's Total Liab and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.91 |
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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Surge Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Surge Copper 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 Surge Copper 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 price. At this time, Surge Copper's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 0.42 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2024.
Surge Copper fundamental ratios Correlations
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Surge Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Surge Copper fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.1M | 33.9M | 47.3M | 50.4M | 51.3M | 53.9M | |
Total Current Liabilities | 82.2K | 431.1K | 1.6M | 1.2M | 850.6K | 893.1K | |
Total Stockholder Equity | 21.7M | 32.0M | 41.5M | 44.7M | 46.4M | 48.7M | |
Property Plant And Equipment Net | 22.0M | 30.4M | 39.0M | 47.4M | 51.1M | 53.7M | |
Net Debt | 38.8K | (3.2M) | (7.7M) | (2.7M) | (2.4M) | (2.3M) | |
Retained Earnings | (18.6M) | (24.4M) | (29.2M) | (31.4M) | (33.1M) | (31.4M) | |
Accounts Payable | 13.8K | 114.8K | 140.2K | 71.7K | 208.8K | 219.2K | |
Cash | 35.0K | 3.3M | 7.8M | 2.8M | 84.7K | 80.4K | |
Non Current Assets Total | 22.0M | 30.4M | 39.0M | 47.4M | 51.1M | 53.7M | |
Cash And Short Term Investments | 35.0K | 3.3M | 7.8M | 2.8M | 3.2M | 3.4M | |
Net Receivables | 1.7K | 137.5K | 344.9K | 39.6K | 45.6K | 43.3K | |
Common Stock Shares Outstanding | 59.3M | 91.0M | 158.9M | 173.4M | 224.4M | 235.7M | |
Liabilities And Stockholders Equity | 22.1M | 33.9M | 47.3M | 50.4M | 57.9M | 60.8M | |
Total Liab | 330.4K | 1.9M | 5.7M | 5.7M | 4.9M | 5.2M | |
Total Current Assets | 55.3K | 3.5M | 8.3M | 3.0M | 190.8K | 181.3K | |
Non Current Liabilities Total | 248.2K | 1.5M | 4.2M | 4.4M | 4.1M | 4.3M | |
Other Current Liab | 19.8K | 276.5K | 1.4M | 911.6K | 314.1K | 316.7K | |
Other Liab | 282K | 223K | 1.5M | 4.1M | 4.7M | 4.9M | |
Net Tangible Assets | 21.8M | 21.7M | 32.0M | 41.5M | 47.8M | 28.4M | |
Common Stock | 35.6M | 48.2M | 60.1M | 63.9M | 73.4M | 47.7M | |
Property Plant Equipment | 22.0M | 22.0M | 30.4M | 39.0M | 44.9M | 28.0M | |
Net Invested Capital | 21.7M | 32.0M | 41.5M | 44.7M | 46.4M | 36.2M | |
Net Working Capital | (26.8K) | 3.1M | 6.7M | 1.7M | (659.7K) | (626.7K) | |
Capital Stock | 35.6M | 48.2M | 60.1M | 63.9M | 66.5M | 56.8M |
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When running Surge Copper's price analysis, check to measure Surge Copper'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 Surge Copper is operating at the current time. Most of Surge Copper's value examination focuses on studying past and present price action to predict the probability of Surge Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Copper's price. Additionally, you may evaluate how the addition of Surge Copper to your portfolios can decrease your overall portfolio volatility.