Sailfish Other Stockholder Equity vs Common Stock Shares Outstanding Analysis

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 Other Stockholder Equity and its Common Stock Shares Outstanding 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.

Other Stockholder Equity vs Common Stock Shares Outstanding

Other Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sailfish Royalty Corp Other Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sailfish Royalty's Other Stockholder Equity and Common Stock Shares Outstanding is 0.9. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding 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 Other Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Sailfish Royalty Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Stockholder Equity i.e., Sailfish Royalty's Other Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Depreciation368.1K610.9K435.6K370.9K
Cost Of Revenue694.3K1.3M941.8K684.9K

Sailfish Royalty fundamental ratios Correlations

0.540.990.95-0.50.630.750.440.660.730.97-0.650.30.990.440.760.80.080.960.980.920.710.930.93-0.76-0.79
0.540.560.62-0.660.570.740.480.260.790.64-0.03-0.170.48-0.090.720.750.540.450.550.560.780.680.67-0.75-0.68
0.990.560.95-0.510.670.790.50.570.780.98-0.670.190.980.350.810.830.060.930.960.910.760.920.94-0.8-0.83
0.950.620.95-0.710.590.860.390.560.780.95-0.510.170.940.260.780.860.160.910.940.910.780.960.96-0.89-0.88
-0.5-0.66-0.51-0.71-0.23-0.73-0.08-0.25-0.58-0.62-0.140.09-0.490.26-0.55-0.72-0.45-0.51-0.55-0.51-0.58-0.76-0.730.840.79
0.630.570.670.59-0.230.820.680.140.790.63-0.55-0.260.570.020.910.660.140.510.610.490.80.530.63-0.63-0.61
0.750.740.790.86-0.730.820.510.230.890.82-0.37-0.230.71-0.120.950.890.320.660.760.710.90.820.87-0.94-0.9
0.440.480.50.39-0.080.680.51-0.160.780.47-0.29-0.450.35-0.040.670.590.050.280.390.420.790.340.44-0.52-0.47
0.660.260.570.56-0.250.140.23-0.160.180.55-0.340.880.710.810.180.280.230.760.690.580.140.620.52-0.21-0.23
0.730.790.780.78-0.580.790.890.780.180.81-0.33-0.280.66-0.020.920.890.370.580.70.760.990.760.8-0.87-0.82
0.970.640.980.95-0.620.630.820.470.550.81-0.560.140.950.250.830.880.180.90.940.920.790.960.96-0.85-0.89
-0.65-0.03-0.67-0.51-0.14-0.55-0.37-0.29-0.34-0.33-0.56-0.18-0.66-0.44-0.47-0.240.51-0.54-0.53-0.55-0.32-0.36-0.390.220.29
0.3-0.170.190.170.09-0.26-0.23-0.450.88-0.280.14-0.180.380.87-0.29-0.160.020.450.340.23-0.320.220.110.230.2
0.990.480.980.94-0.490.570.710.350.710.660.95-0.660.380.480.70.750.050.980.980.90.640.920.91-0.72-0.76
0.44-0.090.350.260.260.02-0.12-0.040.81-0.020.25-0.440.870.48-0.1-0.07-0.10.490.420.41-0.050.230.150.170.17
0.760.720.810.78-0.550.910.950.670.180.920.83-0.47-0.290.7-0.10.890.270.640.750.680.920.770.84-0.87-0.86
0.80.750.830.86-0.720.660.890.590.280.890.88-0.24-0.160.75-0.070.890.450.760.830.790.890.90.94-0.96-0.96
0.080.540.060.16-0.450.140.320.050.230.370.180.510.020.05-0.10.270.450.140.20.220.350.350.3-0.35-0.3
0.960.450.930.91-0.510.510.660.280.760.580.9-0.540.450.980.490.640.760.140.990.850.570.920.91-0.7-0.75
0.980.550.960.94-0.550.610.760.390.690.70.94-0.530.340.980.420.750.830.20.990.880.690.950.96-0.78-0.81
0.920.560.910.91-0.510.490.710.420.580.760.92-0.550.230.90.410.680.790.220.850.880.740.880.85-0.74-0.76
0.710.780.760.78-0.580.80.90.790.140.990.79-0.32-0.320.64-0.050.920.890.350.570.690.740.740.79-0.88-0.82
0.930.680.920.96-0.760.530.820.340.620.760.96-0.360.220.920.230.770.90.350.920.950.880.740.98-0.89-0.9
0.930.670.940.96-0.730.630.870.440.520.80.96-0.390.110.910.150.840.940.30.910.960.850.790.98-0.92-0.94
-0.76-0.75-0.8-0.890.84-0.63-0.94-0.52-0.21-0.87-0.850.220.23-0.720.17-0.87-0.96-0.35-0.7-0.78-0.74-0.88-0.89-0.920.98
-0.79-0.68-0.83-0.880.79-0.61-0.9-0.47-0.23-0.82-0.890.290.2-0.760.17-0.86-0.96-0.3-0.75-0.81-0.76-0.82-0.9-0.940.98
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Sailfish Royalty Account Relationship Matchups

Sailfish Royalty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.3M51.0M48.4M42.5M42.8M33.1M
Total Current Liabilities452.2K325.3K1.3M1.2M1.4M788.2K
Total Stockholder Equity38.6M47.6M47.1M41.3M37.4M30.0M
Net Tangible Assets20.2M38.6M47.6M47.1M54.1M56.9M
Retained Earnings1.2M(3.4M)(2.0M)(6.8M)(11.4M)(10.9M)
Accounts Payable201.9K297.8K1.3M236.3K197.1K315.4K
Cash274.4K1.6M3.7M1.6M2.6M2.7M
Net Receivables82.7K245.6K5.6M5.3M23.7K22.5K
Total Liab11.7M3.4M1.4M1.2M5.4M3.0M
Total Current Assets1.3M1.8M9.3M6.9M6.4M3.5M
Common Stock31.2M43.9M42.6M41.1M47.3M25.3M
Other Current Liab188.1K1.9K5.5K933.1K839.8K881.7K
Net Debt11.0M1.6M(3.6M)(1.6M)1.4M816.1K
Non Current Assets Total49.0M49.2M39.1M35.5M36.4M33.2M
Non Currrent Assets Other1.1M18.1M49.0M3.0M3.4M3.3M
Cash And Short Term Investments274.4K1.6M3.7M1.6M1.9M1.2M
Common Stock Shares Outstanding45.9M67.0M75.3M72.0M71.3M61.6M
Liabilities And Stockholders Equity50.3M51.0M48.4M42.5M48.8M35.7M
Other Current Assets58.2K38.9K75.7K55.3K106.2K58.7K
Property Plant And Equipment Net49.0M49.2M36.1M35.5M35.1M37.0M
Net Invested Capital49.8M50.6M47.1M41.3M41.4M41.5M
Net Working Capital828.7K1.5M8.0M5.8M5.0M3.7M
Other Stockholder Equity6.2M7.1M6.5M6.9M7.9M6.6M
Capital Stock31.2M43.9M42.6M41.1M41.8M39.1M

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