Sprott Other Current Assets vs Non Currrent Assets Other Analysis
| FUND Stock | USD 8.03 0.05 0.63% |
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 Other Current Assets and its Non Currrent Assets Other 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.
Other Current Assets vs Non Currrent Assets Other
Other Current Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprott Focus Trust Other Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sprott Focus' Other Current Assets and Non Currrent Assets Other is 0.26. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Currrent Assets Other 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' Other Current Assets and Non Currrent Assets Other 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 Current Assets of Sprott Focus Trust are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Assets i.e., Sprott Focus' Other Current Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.26 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 |
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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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.