Slam Retained Earnings vs Net Invested Capital 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 Retained Earnings and its Net Invested Capital 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.
Retained Earnings vs Net Invested Capital
Retained Earnings vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Slam Exploration Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Slam Exploration's Retained Earnings and Net Invested Capital is -0.06. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital 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 Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Slam Exploration are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., Slam Exploration's Retained Earnings and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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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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.