Slam Accounts Payable vs Short Term Debt Analysis

SXL Stock  CAD 0.03  0.00  0.00%   
Slam Exploration financial indicator trend analysis is much more than just breaking down Slam Exploration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Slam Exploration is a good investment. Please check the relationship between Slam Exploration Accounts Payable and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Slam Exploration. 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.

Accounts Payable vs Short Term Debt

Accounts Payable vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Slam Exploration Accounts Payable account and Short Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Slam Exploration's Accounts Payable and Short Term Debt is 0.25. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Slam Exploration, assuming nothing else is changed. The correlation between historical values of Slam Exploration's Accounts Payable and Short Term 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 Accounts Payable of Slam Exploration are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Accounts Payable i.e., Slam Exploration's Accounts Payable and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Slam Exploration obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Slam Exploration are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Short Term Debt

Most indicators from Slam Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Slam Exploration 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 Slam Exploration. 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.
Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 311.3 K in 2024.

Slam Exploration fundamental ratios Correlations

0.60.760.960.9-0.52-0.550.70.30.63-0.60.690.760.81-0.690.670.860.77-0.250.390.63-0.630.810.63-0.30.53
0.60.720.480.46-0.48-0.40.320.240.45-0.990.160.720.45-0.910.530.50.74-0.17-0.170.64-0.640.42-0.01-0.450.27
0.760.720.560.62-0.74-0.580.5-0.160.72-0.710.471.00.52-0.870.760.760.82-0.310.050.85-0.850.820.18-0.70.54
0.960.480.560.89-0.37-0.470.680.440.5-0.470.690.570.81-0.520.550.790.65-0.20.470.46-0.460.70.73-0.10.45
0.90.460.620.89-0.67-0.50.530.210.35-0.480.680.630.64-0.570.790.950.65-0.620.490.51-0.520.840.63-0.430.78
-0.52-0.48-0.74-0.37-0.670.6-0.380.27-0.380.53-0.39-0.74-0.410.7-0.79-0.77-0.640.80.06-0.740.78-0.73-0.060.86-0.9
-0.55-0.4-0.58-0.47-0.50.6-0.38-0.14-0.550.4-0.57-0.58-0.560.57-0.55-0.44-0.830.250.25-0.80.81-0.510.10.65-0.37
0.70.320.50.680.53-0.38-0.380.090.58-0.350.490.520.9-0.420.310.510.43-0.040.140.55-0.560.550.580.020.37
0.30.24-0.160.440.210.27-0.140.09-0.1-0.230.15-0.160.36-0.13-0.13-0.010.290.21-0.08-0.080.09-0.220.090.34-0.23
0.630.450.720.50.35-0.38-0.550.58-0.1-0.460.330.730.68-0.610.240.40.640.18-0.10.7-0.710.480.2-0.270.18
-0.6-0.99-0.71-0.47-0.480.530.4-0.35-0.23-0.46-0.11-0.71-0.480.93-0.51-0.53-0.730.230.2-0.640.64-0.410.020.46-0.34
0.690.160.470.690.68-0.39-0.570.490.150.33-0.110.470.56-0.280.60.580.55-0.220.360.58-0.550.670.53-0.270.34
0.760.721.00.570.63-0.74-0.580.52-0.160.73-0.710.470.54-0.860.750.760.82-0.30.050.85-0.850.820.19-0.680.54
0.810.450.520.810.64-0.41-0.560.90.360.68-0.480.560.54-0.550.310.540.64-0.030.030.62-0.630.510.5-0.050.36
-0.69-0.91-0.87-0.52-0.570.70.57-0.42-0.13-0.610.93-0.28-0.86-0.55-0.63-0.64-0.870.310.24-0.820.83-0.550.020.62-0.46
0.670.530.760.550.79-0.79-0.550.31-0.130.24-0.510.60.750.31-0.630.850.69-0.70.290.68-0.670.890.25-0.770.73
0.860.50.760.790.95-0.77-0.440.51-0.010.4-0.530.580.760.54-0.640.850.63-0.670.490.55-0.560.920.58-0.560.85
0.770.740.820.650.65-0.64-0.830.430.290.64-0.730.550.820.64-0.870.690.63-0.25-0.190.88-0.870.610.01-0.630.4
-0.25-0.17-0.31-0.2-0.620.80.25-0.040.210.180.23-0.22-0.3-0.030.31-0.7-0.67-0.25-0.19-0.260.3-0.54-0.110.67-0.91
0.39-0.170.050.470.490.060.250.14-0.08-0.10.20.360.050.030.240.290.49-0.19-0.19-0.280.290.50.840.170.27
0.630.640.850.460.51-0.74-0.80.55-0.080.7-0.640.580.850.62-0.820.680.550.88-0.26-0.28-1.00.64-0.02-0.690.44
-0.63-0.64-0.85-0.46-0.520.780.81-0.560.09-0.710.64-0.55-0.85-0.630.83-0.67-0.56-0.870.30.29-1.0-0.640.030.71-0.48
0.810.420.820.70.84-0.73-0.510.55-0.220.48-0.410.670.820.51-0.550.890.920.61-0.540.50.64-0.640.55-0.610.75
0.63-0.010.180.730.63-0.060.10.580.090.20.020.530.190.50.020.250.580.01-0.110.84-0.020.030.550.290.34
-0.3-0.45-0.7-0.1-0.430.860.650.020.34-0.270.46-0.27-0.68-0.050.62-0.77-0.56-0.630.670.17-0.690.71-0.610.29-0.66
0.530.270.540.450.78-0.9-0.370.37-0.230.18-0.340.340.540.36-0.460.730.850.4-0.910.270.44-0.480.750.34-0.66
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Slam Exploration Account Relationship Matchups

Slam Exploration fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets308.4K1.0M1.8M1.7M1.5M1.0M
Total Current Liabilities429.7K421.4K490.8K570.3K554.3K386.5K
Total Stockholder Equity(121.3K)599.7K1.3M1.1M905.0K657.1K
Net Tangible Assets376.2K(121.4K)599.7K1.3M1.5M1.6M
Retained Earnings(24.9M)(24.8M)(24.8M)(25.0M)(25.4M)(26.7M)
Accounts Payable38.7K47.7K64.5K54.6K49.1K61.8K
Cash12.3K237.3K444.7K164.1K78.7K127.9K
Net Receivables44.8K22.7K82.8K29.5K24.3K23.1K
Short Term Investments90K194.2K167.9K259.7K45.0K42.7K
Other Stockholder Equity391.6K265.8K246.0K609.6K701.1K386.8K
Total Liab429.7K445.6K511.9K582.1K556.0K392.4K
Total Current Assets147.1K467.4K710.6K497.7K189.1K341.6K
Property Plant Equipment357.0K161.3K578.0K1.1M1.3M1.3M
Non Current Assets Total161.3K578.0K1.1M1.2M1.3M851.6K
Net Invested Capital(121.3K)624.0K1.4M1.2M905.0K791.8K
Net Working Capital(282.6K)46.0K219.8K(72.7K)(365.3K)(347.0K)

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Additional Tools for Slam Stock Analysis

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