FISH Stock | | | CAD 1.40 0.03 2.19% |
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 Long Term Debt and its Other Stockholder Equity 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.
Long Term Debt vs Other Stockholder Equity
Long Term Debt vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sailfish Royalty Corp Long Term Debt account and
Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Sailfish Royalty's Long Term Debt and Other Stockholder Equity is -0.9. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Stockholder Equity 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 Long Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Sailfish Royalty Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Long Term Debt i.e., Sailfish Royalty's Long Term Debt and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Sailfish Royalty Corp has held for over one year. Long-term debt appears on Sailfish Royalty Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sailfish Royalty Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Other Stockholder Equity
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.
Sailfish Royalty fundamental ratios Correlations
Click cells to compare fundamentals
Sailfish Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sailfish Royalty fundamental ratios Accounts
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