Sarama Short Term Debt vs Other Liab Analysis

SWA Stock  CAD 0.03  0.01  16.67%   
Sarama Resource financial indicator trend analysis is much more than just breaking down Sarama Resource prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sarama Resource is a good investment. Please check the relationship between Sarama Resource Short Term Debt and its Other Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sarama Resource. 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.

Short Term Debt vs Other Liab

Short Term Debt vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sarama Resource Short Term Debt account and Other Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sarama Resource's Short Term Debt and Other Liab is -0.14. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Other Liab in the same time period over historical financial statements of Sarama Resource, assuming nothing else is changed. The correlation between historical values of Sarama Resource's Short Term Debt and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Sarama Resource are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Short Term Debt i.e., Sarama Resource's Short Term Debt and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Debt

Other Liab

Most indicators from Sarama Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sarama Resource 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 Sarama Resource. 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, Sarama Resource's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.4 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (3.08).
 2023 2024 (projected)
Research Development4.8K4.6K
Interest Income20K21K

Sarama Resource fundamental ratios Correlations

-0.220.421.00.88-0.550.940.590.860.590.45-0.740.960.310.590.510.510.870.670.12-0.870.88-0.96-0.29-0.48-0.29
-0.220.03-0.23-0.36-0.21-0.110.14-0.360.14-0.190.08-0.210.120.140.170.17-0.340.23-0.110.18-0.350.2-0.16-0.080.27
0.420.030.340.17-0.460.320.580.150.580.11-0.210.330.950.580.650.650.280.25-0.15-0.270.28-0.32-0.13-0.12-0.19
1.0-0.230.340.9-0.530.950.550.870.550.45-0.750.970.230.560.470.470.870.670.13-0.880.89-0.97-0.28-0.47-0.3
0.88-0.360.170.9-0.110.740.141.00.140.38-0.590.950.060.140.050.050.650.690.23-0.710.67-0.81-0.24-0.4-0.27
-0.55-0.21-0.46-0.53-0.11-0.71-0.99-0.05-0.99-0.280.53-0.36-0.41-0.99-0.95-0.95-0.71-0.20.180.61-0.690.640.180.30.15
0.94-0.110.320.950.74-0.710.710.710.710.46-0.860.870.20.710.630.630.90.650.09-0.960.9-0.97-0.36-0.59-0.29
0.590.140.580.550.14-0.990.710.091.00.29-0.540.390.531.00.980.980.720.2-0.18-0.620.7-0.65-0.18-0.31-0.15
0.86-0.360.150.871.0-0.050.710.090.080.35-0.570.940.040.090.00.00.60.70.25-0.680.63-0.77-0.23-0.38-0.26
0.590.140.580.550.14-0.990.711.00.080.29-0.540.380.521.00.980.980.720.2-0.19-0.620.7-0.65-0.18-0.31-0.15
0.45-0.190.110.450.38-0.280.460.290.350.29-0.410.40.120.310.280.280.540.060.19-0.440.56-0.5-0.3-0.40.07
-0.740.08-0.21-0.75-0.590.53-0.86-0.54-0.57-0.54-0.41-0.67-0.15-0.54-0.49-0.49-0.68-0.65-0.150.89-0.690.790.370.890.08
0.96-0.210.330.970.95-0.360.870.390.940.380.4-0.670.210.390.310.310.750.770.24-0.80.77-0.91-0.26-0.42-0.3
0.310.120.950.230.06-0.410.20.530.040.520.12-0.150.210.520.60.60.180.18-0.09-0.160.17-0.21-0.16-0.150.12
0.590.140.580.560.14-0.990.711.00.091.00.31-0.540.390.520.980.980.730.2-0.16-0.620.71-0.65-0.19-0.32-0.15
0.510.170.650.470.05-0.950.630.980.00.980.28-0.490.310.60.981.00.630.17-0.18-0.560.61-0.56-0.17-0.28-0.14
0.510.170.650.470.05-0.950.630.980.00.980.28-0.490.310.60.981.00.630.17-0.18-0.560.61-0.56-0.17-0.28-0.14
0.87-0.340.280.870.65-0.710.90.720.60.720.54-0.680.750.180.730.630.630.310.13-0.831.0-0.92-0.24-0.4-0.27
0.670.230.250.670.69-0.20.650.20.70.20.06-0.650.770.180.20.170.170.310.33-0.620.33-0.63-0.28-0.55-0.12
0.12-0.11-0.150.130.230.180.09-0.180.25-0.190.19-0.150.24-0.09-0.16-0.18-0.180.130.33-0.110.16-0.21-0.13-0.220.22
-0.870.18-0.27-0.88-0.710.61-0.96-0.62-0.68-0.62-0.440.89-0.8-0.16-0.62-0.56-0.56-0.83-0.62-0.11-0.830.920.460.670.28
0.88-0.350.280.890.67-0.690.90.70.630.70.56-0.690.770.170.710.610.611.00.330.16-0.83-0.93-0.25-0.41-0.28
-0.960.2-0.32-0.97-0.810.64-0.97-0.65-0.77-0.65-0.50.79-0.91-0.21-0.65-0.56-0.56-0.92-0.63-0.210.92-0.930.260.520.28
-0.29-0.16-0.13-0.28-0.240.18-0.36-0.18-0.23-0.18-0.30.37-0.26-0.16-0.19-0.17-0.17-0.24-0.28-0.130.46-0.250.260.54-0.13
-0.48-0.08-0.12-0.47-0.40.3-0.59-0.31-0.38-0.31-0.40.89-0.42-0.15-0.32-0.28-0.28-0.4-0.55-0.220.67-0.410.520.54-0.21
-0.290.27-0.19-0.3-0.270.15-0.29-0.15-0.26-0.150.070.08-0.30.12-0.15-0.14-0.14-0.27-0.120.220.28-0.280.28-0.13-0.21
Click cells to compare fundamentals

Sarama Resource Account Relationship Matchups

Sarama Resource fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3M3.8M3.2M3.1M2.5M2.3M
Total Current Liabilities1.3M249.6K1.6M692.8K1.1M914.2K
Total Stockholder Equity2.8M2.2M1.2M2.3M1.3M1.3M
Property Plant And Equipment Net51.6K32.7K18.3K90.0K34.1K32.4K
Net Debt(2.2M)(1.6M)(765.6K)(801.7K)(470.4K)(493.9K)
Retained Earnings(50.9M)(53.5M)(56.1M)(60.3M)(62.8M)(59.6M)
Cash2.2M1.6M1.0M843.1K492.5K467.9K
Non Current Assets Total1.9M1.9M1.9M2.1M1.9M1.8M
Cash And Short Term Investments2.3M1.6M1.0M843.1K492.5K467.9K
Net Receivables32.0K59.7K81.6K23.4K23.6K44.5K
Common Stock Shares Outstanding76.1M84.7M94.3M126.3M181.4M190.5M
Liabilities And Stockholders Equity4.3M3.8M3.2M3.1M2.5M2.3M
Other Stockholder Equity3.7M4.0M4.5M5.0M5.2M4.9M
Total Liab1.5M1.6M2.0M707.0K1.1M1.0M
Total Current Assets2.4M1.9M1.3M972.9K568.1K539.7K
Net Tangible Assets2.8M2.2M1.2M2.3M2.1M2.0M
Accounts Payable278.7K249.6K205.7K165.6K108.4K103.0K
Other Current Assets24.5K168.0K128.8K23.9K21.5K20.4K
Common Stock50.2M51.7M52.8M57.7M59.0M51.2M
Property Plant Equipment51.6K32.7K18.3K90.0K81.0K77.0K
Non Current Liabilities Total193.4K1.3M339.2K14.2K58.5K55.6K
Other Liab193.4K1.3M339.2K14.2K16.3K15.5K
Net Invested Capital2.8M2.2M1.2M2.3M1.3M1.6M
Net Working Capital1.1M1.7M(294.2K)280.1K(501.7K)(476.7K)
Capital Stock50.2M51.7M52.8M57.7M59.0M58.2M

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