Sailfish Free Cash Flow Yield vs Capex To Depreciation Analysis

FISH Stock

CAD 1.37 0.03 2.14%

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 Free Cash Flow Yield and its Capex To Depreciation 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.

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sailfish Royalty Corp Free Cash Flow Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have no relationship.

The correlation between Sailfish Royalty's Free Cash Flow Yield and Capex To Depreciation is 0.07. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Depreciation 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 Free Cash Flow Yield and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Sailfish Royalty Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Yield i.e., Sailfish Royalty's Free Cash Flow Yield and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

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Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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.

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 climb to about 1.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.67 in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	368.1K	610.9K	435.6K	370.9K
Cost Of Revenue	694.3K	1.3M	941.8K	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		0.54	0.99	0.95	-0.5	0.63	0.75	0.44	0.66	0.73	0.97	-0.65	0.3	0.99	0.44	0.76	0.8	0.08	0.96	0.98	0.92	0.71	0.93	0.93	-0.76	-0.79
Total Current Liabilities	0.54		0.56	0.62	-0.66	0.57	0.74	0.48	0.26	0.79	0.64	-0.03	-0.17	0.48	-0.09	0.72	0.75	0.54	0.45	0.55	0.56	0.78	0.68	0.67	-0.75	-0.68
Total Stockholder Equity	0.99	0.56		0.95	-0.51	0.67	0.79	0.5	0.57	0.78	0.98	-0.67	0.19	0.98	0.35	0.81	0.83	0.06	0.93	0.96	0.91	0.76	0.92	0.94	-0.8	-0.83
Net Tangible Assets	0.95	0.62	0.95		-0.71	0.59	0.86	0.39	0.56	0.78	0.95	-0.51	0.17	0.94	0.26	0.78	0.86	0.16	0.91	0.94	0.91	0.78	0.96	0.96	-0.89	-0.88
Retained Earnings	-0.5	-0.66	-0.51	-0.71		-0.23	-0.73	-0.08	-0.25	-0.58	-0.62	-0.14	0.09	-0.49	0.26	-0.55	-0.72	-0.45	-0.51	-0.55	-0.51	-0.58	-0.76	-0.73	0.84	0.79
Accounts Payable	0.63	0.57	0.67	0.59	-0.23		0.82	0.68	0.14	0.79	0.63	-0.55	-0.26	0.57	0.02	0.91	0.66	0.14	0.51	0.61	0.49	0.8	0.53	0.63	-0.63	-0.61
Cash	0.75	0.74	0.79	0.86	-0.73	0.82		0.51	0.23	0.89	0.82	-0.37	-0.23	0.71	-0.12	0.95	0.89	0.32	0.66	0.76	0.71	0.9	0.82	0.87	-0.94	-0.9
Net Receivables	0.44	0.48	0.5	0.39	-0.08	0.68	0.51		-0.16	0.78	0.47	-0.29	-0.45	0.35	-0.04	0.67	0.59	0.05	0.28	0.39	0.42	0.79	0.34	0.44	-0.52	-0.47
Total Liab	0.66	0.26	0.57	0.56	-0.25	0.14	0.23	-0.16		0.18	0.55	-0.34	0.88	0.71	0.81	0.18	0.28	0.23	0.76	0.69	0.58	0.14	0.62	0.52	-0.21	-0.23
Total Current Assets	0.73	0.79	0.78	0.78	-0.58	0.79	0.89	0.78	0.18		0.81	-0.33	-0.28	0.66	-0.02	0.92	0.89	0.37	0.58	0.7	0.76	0.99	0.76	0.8	-0.87	-0.82
Common Stock	0.97	0.64	0.98	0.95	-0.62	0.63	0.82	0.47	0.55	0.81		-0.56	0.14	0.95	0.25	0.83	0.88	0.18	0.9	0.94	0.92	0.79	0.96	0.96	-0.85	-0.89
Other Current Liab	-0.65	-0.03	-0.67	-0.51	-0.14	-0.55	-0.37	-0.29	-0.34	-0.33	-0.56		-0.18	-0.66	-0.44	-0.47	-0.24	0.51	-0.54	-0.53	-0.55	-0.32	-0.36	-0.39	0.22	0.29
Net Debt	0.3	-0.17	0.19	0.17	0.09	-0.26	-0.23	-0.45	0.88	-0.28	0.14	-0.18		0.38	0.87	-0.29	-0.16	0.02	0.45	0.34	0.23	-0.32	0.22	0.11	0.23	0.2
Non Current Assets Total	0.99	0.48	0.98	0.94	-0.49	0.57	0.71	0.35	0.71	0.66	0.95	-0.66	0.38		0.48	0.7	0.75	0.05	0.98	0.98	0.9	0.64	0.92	0.91	-0.72	-0.76
Non Currrent Assets Other	0.44	-0.09	0.35	0.26	0.26	0.02	-0.12	-0.04	0.81	-0.02	0.25	-0.44	0.87	0.48		-0.1	-0.07	-0.1	0.49	0.42	0.41	-0.05	0.23	0.15	0.17	0.17
Cash And Short Term Investments	0.76	0.72	0.81	0.78	-0.55	0.91	0.95	0.67	0.18	0.92	0.83	-0.47	-0.29	0.7	-0.1		0.89	0.27	0.64	0.75	0.68	0.92	0.77	0.84	-0.87	-0.86
Common Stock Shares Outstanding	0.8	0.75	0.83	0.86	-0.72	0.66	0.89	0.59	0.28	0.89	0.88	-0.24	-0.16	0.75	-0.07	0.89		0.45	0.76	0.83	0.79	0.89	0.9	0.94	-0.96	-0.96
Other Current Assets	0.08	0.54	0.06	0.16	-0.45	0.14	0.32	0.05	0.23	0.37	0.18	0.51	0.02	0.05	-0.1	0.27	0.45		0.14	0.2	0.22	0.35	0.35	0.3	-0.35	-0.3
Property Plant And Equipment Net	0.96	0.45	0.93	0.91	-0.51	0.51	0.66	0.28	0.76	0.58	0.9	-0.54	0.45	0.98	0.49	0.64	0.76	0.14		0.99	0.85	0.57	0.92	0.91	-0.7	-0.75
Net Invested Capital	0.98	0.55	0.96	0.94	-0.55	0.61	0.76	0.39	0.69	0.7	0.94	-0.53	0.34	0.98	0.42	0.75	0.83	0.2	0.99		0.88	0.69	0.95	0.96	-0.78	-0.81
Long Term Investments	0.92	0.56	0.91	0.91	-0.51	0.49	0.71	0.42	0.58	0.76	0.92	-0.55	0.23	0.9	0.41	0.68	0.79	0.22	0.85	0.88		0.74	0.88	0.85	-0.74	-0.76
Net Working Capital	0.71	0.78	0.76	0.78	-0.58	0.8	0.9	0.79	0.14	0.99	0.79	-0.32	-0.32	0.64	-0.05	0.92	0.89	0.35	0.57	0.69	0.74		0.74	0.79	-0.88	-0.82
Other Stockholder Equity	0.93	0.68	0.92	0.96	-0.76	0.53	0.82	0.34	0.62	0.76	0.96	-0.36	0.22	0.92	0.23	0.77	0.9	0.35	0.92	0.95	0.88	0.74		0.98	-0.89	-0.9
Capital Stock	0.93	0.67	0.94	0.96	-0.73	0.63	0.87	0.44	0.52	0.8	0.96	-0.39	0.11	0.91	0.15	0.84	0.94	0.3	0.91	0.96	0.85	0.79	0.98		-0.92	-0.94
Short Long Term Debt Total	-0.76	-0.75	-0.8	-0.89	0.84	-0.63	-0.94	-0.52	-0.21	-0.87	-0.85	0.22	0.23	-0.72	0.17	-0.87	-0.96	-0.35	-0.7	-0.78	-0.74	-0.88	-0.89	-0.92		0.98
Long Term Debt	-0.79	-0.68	-0.83	-0.88	0.79	-0.61	-0.9	-0.47	-0.23	-0.82	-0.89	0.29	0.2	-0.76	0.17	-0.86	-0.96	-0.3	-0.75	-0.81	-0.76	-0.82	-0.9	-0.94	0.98

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Sailfish Royalty Account Relationship Matchups

Sailfish Royalty fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	50.3M	51.0M	48.4M	42.5M	42.8M	33.1M
Total Current Liabilities	452.2K	325.3K	1.3M	1.2M	1.4M	788.2K
Total Stockholder Equity	38.6M	47.6M	47.1M	41.3M	37.4M	30.0M
Net Tangible Assets	20.2M	38.6M	47.6M	47.1M	54.1M	56.9M
Retained Earnings	1.2M	(3.4M)	(2.0M)	(6.8M)	(11.4M)	(10.9M)
Accounts Payable	201.9K	297.8K	1.3M	236.3K	197.1K	315.4K
Cash	274.4K	1.6M	3.7M	1.6M	2.6M	2.7M
Net Receivables	82.7K	245.6K	5.6M	5.3M	23.7K	22.5K
Total Liab	11.7M	3.4M	1.4M	1.2M	5.4M	3.0M
Total Current Assets	1.3M	1.8M	9.3M	6.9M	6.4M	3.5M
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	11.0M	1.6M	(3.6M)	(1.6M)	1.4M	816.1K
Non Current Assets Total	49.0M	49.2M	39.1M	35.5M	36.4M	33.2M
Non Currrent Assets Other	1.1M	18.1M	49.0M	3.0M	3.4M	3.3M
Cash And Short Term Investments	274.4K	1.6M	3.7M	1.6M	1.9M	1.2M
Common Stock Shares Outstanding	45.9M	67.0M	75.3M	72.0M	71.3M	61.6M
Liabilities And Stockholders Equity	50.3M	51.0M	48.4M	42.5M	48.8M	35.7M
Other Current Assets	58.2K	38.9K	75.7K	55.3K	106.2K	58.7K
Property Plant And Equipment Net	49.0M	49.2M	36.1M	35.5M	35.1M	37.0M
Net Invested Capital	49.8M	50.6M	47.1M	41.3M	41.4M	41.5M
Net Working Capital	828.7K	1.5M	8.0M	5.8M	5.0M	3.7M
Other Stockholder Equity	6.2M	7.1M	6.5M	6.9M	7.9M	6.6M
Capital Stock	31.2M	43.9M	42.6M	41.1M	41.8M	39.1M

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