Slam Cash vs Intangible Assets Analysis
SXL Stock | CAD 0.03 0.01 25.00% |
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 Cash and its Intangible Assets 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.
Cash vs Intangible Assets
Cash vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Slam Exploration Cash account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Slam Exploration's Cash and Intangible Assets is -0.42. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Intangible Assets 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 Cash and Intangible Assets 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 of Slam Exploration are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash i.e., Slam Exploration's Cash and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Slam Exploration, which is listed under current asset account on Slam Exploration balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Slam Exploration customers. The amounts must be unrestricted with restricted cash listed in a different Slam Exploration account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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
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Slam Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Slam Exploration fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 308.4K | 1.0M | 1.8M | 1.7M | 1.5M | 1.0M | |
Total Current Liabilities | 429.7K | 421.4K | 490.8K | 570.3K | 554.3K | 386.5K | |
Total Stockholder Equity | (121.3K) | 599.7K | 1.3M | 1.1M | 905.0K | 657.1K | |
Net Tangible Assets | 376.2K | (121.4K) | 599.7K | 1.3M | 1.5M | 1.6M | |
Retained Earnings | (24.9M) | (24.8M) | (24.8M) | (25.0M) | (25.4M) | (26.7M) | |
Accounts Payable | 38.7K | 47.7K | 64.5K | 54.6K | 49.1K | 61.8K | |
Cash | 12.3K | 237.3K | 444.7K | 164.1K | 78.7K | 127.9K | |
Net Receivables | 44.8K | 22.7K | 82.8K | 29.5K | 24.3K | 23.1K | |
Short Term Investments | 90K | 194.2K | 167.9K | 259.7K | 45.0K | 42.7K | |
Other Stockholder Equity | 391.6K | 265.8K | 246.0K | 609.6K | 701.1K | 386.8K | |
Total Liab | 429.7K | 445.6K | 511.9K | 582.1K | 556.0K | 392.4K | |
Total Current Assets | 147.1K | 467.4K | 710.6K | 497.7K | 189.1K | 341.6K | |
Property Plant Equipment | 357.0K | 161.3K | 578.0K | 1.1M | 1.3M | 1.3M | |
Non Current Assets Total | 161.3K | 578.0K | 1.1M | 1.2M | 1.3M | 851.6K | |
Net Invested Capital | (121.3K) | 624.0K | 1.4M | 1.2M | 905.0K | 791.8K | |
Net Working Capital | (282.6K) | 46.0K | 219.8K | (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.