Sprott Net Income vs Depreciation And Amortization Analysis
| FUND Stock | USD 8.09 0.05 0.62% |
Sprott Focus financial indicator trend analysis is much more than just breaking down Sprott Focus Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprott Focus Trust is a good investment. Please check the relationship between Sprott Focus Net Income and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sprott Focus Trust. 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.
Net Income vs Depreciation And Amortization
Net Income vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprott Focus Trust Net Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sprott Focus' Net Income and Depreciation And Amortization is 0.36. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Sprott Focus Trust, assuming nothing else is changed. The correlation between historical values of Sprott Focus' Net Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Sprott Focus Trust are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Income i.e., Sprott Focus' Net Income and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Sprott Focus Trust financial statement analysis. It represents the amount of money remaining after all of Sprott Focus Trust operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Sprott Focus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprott Focus Trust 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 Sprott Focus Trust. 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. At present, Sprott Focus' Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.10, whereas Selling General Administrative is forecasted to decline to about 286.2 K.
| 2020 | 2021 | 2023 | 2024 (projected) | Interest Income | 3.9K | 29.5K | 133.0K | 139.7K | Net Interest Income | 3.9K | 29.5K | 133.0K | 139.7K |
Sprott Focus fundamental ratios Correlations
Click cells to compare fundamentals
Sprott Focus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sprott Focus fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 249.4M | 247.2M | 269.1M | 255.9M | 266.3M | 240.3M | |
| Total Stockholder Equity | 235.3M | 242.9M | 268.7M | 254.2M | 265.9M | 228.4M | |
| Net Tangible Assets | 235.3M | 242.9M | 268.7M | 254.2M | 292.3M | 221.5M | |
| Retained Earnings | 49.3M | 46.8M | 76.5M | 59.8M | 72.6M | 76.2M | |
| Accounts Payable | 192.7K | 128.0 | 89.0 | 536.3K | 335.0 | 318.25 | |
| Cash | 213.0 | 445.0 | 73.4K | 25K | 110.1K | 115.6K | |
| Other Assets | 14.9M | 2.6M | 2.0M | 7.5M | 266.3M | 279.6M | |
| Net Receivables | 328.6K | 254.0K | 330.2K | 962.2K | 838.5K | 466.1K | |
| Total Liab | 192.7K | 128.0 | 89.0 | 1.7M | 386.5K | 367.1K | |
| Long Term Investments | 249.1M | 244.3M | 266.7M | 247.4M | 259.0M | 227.9M | |
| Common Stock | 186.0M | 196.1M | 192.2M | 194.4M | 193.3M | 178.8M | |
| Other Current Liab | (192.7K) | (128.0) | (89.0) | (536.3K) | (335.0) | (318.25) | |
| Total Current Liabilities | 192.7K | 128.0 | 89.0 | 536.3K | 315.3K | 179.3K | |
| Net Debt | (213.0) | (445.0) | (73.4K) | (25K) | (110.1K) | (104.6K) | |
| Non Current Assets Total | 234.2M | 244.3M | 266.7M | 247.4M | 284.5M | 245.3M | |
| Non Currrent Assets Other | (234.2M) | (244.3M) | (266.7M) | (247.4M) | (265.4M) | (278.6M) | |
| Common Stock Total Equity | 167.0M | 177.8M | 186.0M | 196.1M | 225.5M | 182.7M | |
| Common Stock Shares Outstanding | 28.3M | 30.1M | 29.6M | 29.9M | 29.8M | 29.2M | |
| Liabilities And Stockholders Equity | 249.4M | 247.2M | 269.1M | 255.9M | 266.3M | 254.5M | |
| Non Current Liabilities Total | 14.1M | 4.3M | 394.7K | 536.3K | 386.5K | 367.1K | |
| Total Current Assets | 329.0K | 254.0K | 355.2K | 987.2K | 1.1M | 1.2M | |
| Other Current Assets | (329.0K) | (254.0K) | (355.2K) | (987.2K) | (948.6K) | (901.2K) | |
| Cash And Short Term Investments | 213.0 | 445.0 | 73.4K | 25K | 110.1K | 115.6K | |
| Capital Stock | 186.0M | 196.1M | 192.2M | 194.4M | 193.3M | 209.0M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sprott Focus Trust is a strong investment it is important to analyze Sprott Focus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sprott Focus' future performance. For an informed investment choice regarding Sprott Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Sprott Focus Trust. 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. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sprott Focus. If investors know Sprott will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sprott Focus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.366 | Dividend Share 0.498 | Earnings Share 0.56 | Revenue Per Share 0.281 | Quarterly Revenue Growth (0.30) |
The market value of Sprott Focus Trust is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott Focus' value that differs from its market value or its book value, called intrinsic value, which is Sprott Focus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sprott Focus' market value can be influenced by many factors that don't directly affect Sprott Focus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sprott Focus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Focus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Focus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.