Slam Non Currrent Assets Other vs Total Current Liabilities 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 Non Currrent Assets Other and its Total Current Liabilities 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.
Non Currrent Assets Other vs Total Current Liabilities
Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Slam Exploration Non Currrent Assets Other account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Slam Exploration's Non Currrent Assets Other and Total Current Liabilities is 0.85. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities 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 Non Currrent Assets Other and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Slam Exploration are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Currrent Assets Other i.e., Slam Exploration's Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Current Liabilities
Total Current Liabilities is an item on Slam Exploration balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Slam Exploration are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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
Click cells to compare fundamentals
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) |
Thematic Opportunities
Explore Investment Opportunities
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.