Sailfish Capex To Depreciation vs Ptb Ratio Analysis

FISH Stock

CAD 1.60 0.01 0.62%

Sailfish Royalty financial indicator trend analysis is much more than just breaking down Sailfish Royalty Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sailfish Royalty Corp is a good investment. Please check the relationship between Sailfish Royalty Capex To Depreciation and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sailfish Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Capex To Depreciation vs Ptb Ratio

Capex To Depreciation vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sailfish Royalty Corp Capex To Depreciation account and Ptb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Sailfish Royalty's Capex To Depreciation and Ptb Ratio is -0.59. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Sailfish Royalty Corp, assuming nothing else is changed. The correlation between historical values of Sailfish Royalty's Capex To Depreciation and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Sailfish Royalty Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Capex To Depreciation i.e., Sailfish Royalty's Capex To Depreciation and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.59

Relationship Direction	Negative
Relationship Strength	Very Weak

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Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Sailfish Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sailfish Royalty Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sailfish Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Selling General Administrative is likely to drop to about 1.8 M in 2025. Sales General And Administrative To Revenue is likely to drop to 0.77 in 2025

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	610.9K	435.6K	500.9K	370.9K
Cost Of Revenue	1.3M	941.8K	1.1M	684.9K

Reconciled Depreciation Cost Of Revenue

Sailfish Royalty fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Property Plant And Equipment Net	Net Invested Capital	Long Term Investments	Net Working Capital	Other Stockholder Equity	Capital Stock	Short Long Term Debt Total	Long Term Debt
Total Assets		0.59	0.99	0.95	-0.57	0.6	0.77	0.37	0.7	0.75	0.98	-0.58	0.3	0.99	0.39	0.78	0.82	0.29	0.96	0.98	0.94	0.74	0.94	0.93	-0.79	-0.82
Total Current Liabilities	0.59		0.6	0.73	-0.83	0.48	0.84	0.25	0.47	0.85	0.65	0.06	-0.1	0.55	-0.12	0.68	0.78	0.76	0.55	0.63	0.59	0.78	0.74	0.75	-0.84	-0.75
Total Stockholder Equity	0.99	0.6		0.96	-0.58	0.64	0.8	0.43	0.62	0.78	0.99	-0.6	0.2	0.98	0.31	0.82	0.84	0.27	0.94	0.97	0.93	0.78	0.94	0.94	-0.82	-0.85
Net Tangible Assets	0.95	0.73	0.96		-0.73	0.58	0.87	0.34	0.67	0.86	0.95	-0.46	0.17	0.95	0.23	0.79	0.86	0.45	0.92	0.95	0.91	0.8	0.96	0.96	-0.89	-0.89
Retained Earnings	-0.57	-0.83	-0.58	-0.73		-0.22	-0.79	-0.02	-0.45	-0.75	-0.67	-0.17	0.06	-0.55	0.26	-0.58	-0.79	-0.74	-0.56	-0.61	-0.54	-0.65	-0.78	-0.79	0.87	0.82
Accounts Payable	0.6	0.48	0.64	0.58	-0.22		0.75	0.67	0.16	0.7	0.61	-0.55	-0.26	0.56	0.02	0.89	0.59	0.16	0.49	0.59	0.49	0.75	0.52	0.59	-0.6	-0.58
Cash	0.77	0.84	0.8	0.87	-0.79	0.75		0.39	0.42	0.95	0.83	-0.28	-0.19	0.73	-0.13	0.92	0.89	0.62	0.69	0.79	0.73	0.9	0.84	0.89	-0.95	-0.91
Net Receivables	0.37	0.25	0.43	0.34	-0.02	0.67	0.39		-0.22	0.56	0.4	-0.3	-0.45	0.3	-0.03	0.62	0.44	-0.11	0.23	0.32	0.38	0.68	0.29	0.34	-0.43	-0.39
Total Liab	0.7	0.47	0.62	0.67	-0.45	0.16	0.42	-0.22		0.37	0.6	-0.25	0.81	0.74	0.69	0.26	0.41	0.47	0.79	0.75	0.63	0.27	0.69	0.62	-0.38	-0.37
Total Current Assets	0.75	0.85	0.78	0.86	-0.75	0.7	0.95	0.56	0.37		0.8	-0.21	-0.21	0.7	-0.06	0.88	0.89	0.61	0.65	0.75	0.77	0.97	0.81	0.85	-0.93	-0.86
Common Stock	0.98	0.65	0.99	0.95	-0.67	0.61	0.83	0.4	0.6	0.8		-0.5	0.15	0.96	0.21	0.84	0.9	0.33	0.92	0.95	0.92	0.81	0.96	0.96	-0.87	-0.9
Other Current Liab	-0.58	0.06	-0.6	-0.46	-0.17	-0.55	-0.28	-0.3	-0.25	-0.21	-0.5		-0.17	-0.6	-0.44	-0.43	-0.16	0.45	-0.48	-0.47	-0.51	-0.26	-0.31	-0.32	0.16	0.24
Net Debt	0.3	-0.1	0.2	0.17	0.06	-0.26	-0.19	-0.45	0.81	-0.21	0.15	-0.17		0.38	0.86	-0.27	-0.11	0.05	0.45	0.33	0.24	-0.28	0.23	0.12	0.19	0.17
Non Current Assets Total	0.99	0.55	0.98	0.95	-0.55	0.56	0.73	0.3	0.74	0.7	0.96	-0.6	0.38		0.44	0.72	0.77	0.27	0.98	0.98	0.92	0.67	0.93	0.92	-0.75	-0.79
Non Currrent Assets Other	0.39	-0.12	0.31	0.23	0.26	0.02	-0.13	-0.03	0.69	-0.06	0.21	-0.44	0.86	0.44		-0.11	-0.09	-0.13	0.45	0.37	0.38	-0.07	0.2	0.11	0.18	0.18
Cash And Short Term Investments	0.78	0.68	0.82	0.79	-0.58	0.89	0.92	0.62	0.26	0.88	0.84	-0.43	-0.27	0.72	-0.11		0.87	0.36	0.67	0.77	0.7	0.92	0.78	0.84	-0.87	-0.87
Common Stock Shares Outstanding	0.82	0.78	0.84	0.86	-0.79	0.59	0.89	0.44	0.41	0.89	0.9	-0.16	-0.11	0.77	-0.09	0.87		0.6	0.77	0.84	0.83	0.9	0.92	0.95	-0.95	-0.96
Other Current Assets	0.29	0.76	0.27	0.45	-0.74	0.16	0.62	-0.11	0.47	0.61	0.33	0.45	0.05	0.27	-0.13	0.36	0.6		0.36	0.41	0.36	0.49	0.53	0.53	-0.6	-0.5
Property Plant And Equipment Net	0.96	0.55	0.94	0.92	-0.56	0.49	0.69	0.23	0.79	0.65	0.92	-0.48	0.45	0.98	0.45	0.67	0.77	0.36		0.99	0.88	0.61	0.94	0.92	-0.73	-0.77
Net Invested Capital	0.98	0.63	0.97	0.95	-0.61	0.59	0.79	0.32	0.75	0.75	0.95	-0.47	0.33	0.98	0.37	0.77	0.84	0.41	0.99		0.91	0.72	0.97	0.96	-0.81	-0.84
Long Term Investments	0.94	0.59	0.93	0.91	-0.54	0.49	0.73	0.38	0.63	0.77	0.92	-0.51	0.24	0.92	0.38	0.7	0.83	0.36	0.88	0.91		0.77	0.88	0.87	-0.76	-0.77
Net Working Capital	0.74	0.78	0.78	0.8	-0.65	0.75	0.9	0.68	0.27	0.97	0.81	-0.26	-0.28	0.67	-0.07	0.92	0.9	0.49	0.61	0.72	0.77		0.78	0.82	-0.9	-0.84
Other Stockholder Equity	0.94	0.74	0.94	0.96	-0.78	0.52	0.84	0.29	0.69	0.81	0.96	-0.31	0.23	0.93	0.2	0.78	0.92	0.53	0.94	0.97	0.88	0.78		0.99	-0.9	-0.91
Capital Stock	0.93	0.75	0.94	0.96	-0.79	0.59	0.89	0.34	0.62	0.85	0.96	-0.32	0.12	0.92	0.11	0.84	0.95	0.53	0.92	0.96	0.87	0.82	0.99		-0.93	-0.95
Short Long Term Debt Total	-0.79	-0.84	-0.82	-0.89	0.87	-0.6	-0.95	-0.43	-0.38	-0.93	-0.87	0.16	0.19	-0.75	0.18	-0.87	-0.95	-0.6	-0.73	-0.81	-0.76	-0.9	-0.9	-0.93		0.98
Long Term Debt	-0.82	-0.75	-0.85	-0.89	0.82	-0.58	-0.91	-0.39	-0.37	-0.86	-0.9	0.24	0.17	-0.79	0.18	-0.87	-0.96	-0.5	-0.77	-0.84	-0.77	-0.84	-0.91	-0.95	0.98

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Sailfish Royalty Account Relationship Matchups

Sailfish Royalty fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	51.0M	48.4M	42.5M	42.8M	49.2M	33.1M
Total Current Liabilities	325.3K	1.3M	1.2M	1.4M	1.7M	1.7M
Total Stockholder Equity	47.6M	47.1M	41.3M	37.4M	43.0M	30.0M
Net Tangible Assets	20.2M	38.6M	47.6M	47.1M	54.1M	56.9M
Retained Earnings	(3.4M)	(2.0M)	(6.8M)	(11.4M)	(10.3M)	(9.8M)
Accounts Payable	297.8K	1.3M	236.3K	197.1K	226.7K	315.4K
Cash	1.6M	3.7M	1.6M	2.6M	2.9M	3.1M
Net Receivables	245.6K	5.6M	5.3M	23.7K	27.2K	25.9K
Total Liab	3.4M	1.4M	1.2M	5.4M	6.2M	6.5M
Total Current Assets	1.8M	9.3M	6.9M	6.4M	7.4M	7.7M
Common Stock	31.2M	43.9M	42.6M	41.1M	47.3M	25.3M
Other Current Liab	188.1K	1.9K	5.5K	933.1K	839.8K	881.7K
Net Debt	1.6M	(3.6M)	(1.6M)	1.4M	1.3M	816.1K
Non Current Assets Total	49.2M	39.1M	35.5M	36.4M	41.8M	33.2M
Cash And Short Term Investments	274.4K	1.6M	3.7M	1.6M	1.9M	1.2M
Common Stock Shares Outstanding	67.0M	75.3M	72.0M	71.3M	82.0M	61.6M
Liabilities And Stockholders Equity	50.3M	51.0M	48.4M	42.5M	48.8M	35.7M
Non Current Liabilities Total	11.2M	3.1M	17.7K	3.9M	4.5M	2.5M
Other Current Assets	38.9K	75.7K	55.3K	106.2K	122.2K	128.3K
Property Plant And Equipment Net	49.2M	36.1M	35.5M	35.1M	40.4M	37.0M
Net Invested Capital	50.6M	47.1M	41.3M	41.4M	47.6M	41.5M
Net Working Capital	1.5M	8.0M	5.8M	5.0M	5.7M	3.7M
Other Stockholder Equity	6.2M	7.1M	6.5M	6.9M	7.9M	6.6M
Capital Stock	43.9M	42.6M	41.1M	41.8M	48.1M	39.1M
Property Plant And Equipment Gross	49.4M	37.3M	37.2M	37.3M	33.6M	33.7M

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