Surge Book Value Per Share vs Income Quality Analysis

NILI Stock

CAD 0.38 0.02 5.00%

Surge Battery financial indicator trend analysis is much more than just breaking down Surge Battery Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Surge Battery Metals is a good investment. Please check the relationship between Surge Battery Book Value Per Share and its Income Quality accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Surge Battery Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Book Value Per Share vs Income Quality

Book Value Per Share vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Surge Battery Metals Book Value Per Share account and Income Quality. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Surge Battery's Book Value Per Share and Income Quality is 0.15. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Income Quality in the same time period over historical financial statements of Surge Battery Metals, assuming nothing else is changed. The correlation between historical values of Surge Battery's Book Value Per Share and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Surge Battery Metals are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Book Value Per Share i.e., Surge Battery's Book Value Per Share and Income Quality go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

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Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Surge Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Surge Battery Metals 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Surge Battery Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, Surge Battery's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 10.5 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (11.20).

Surge Battery fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Net Working Capital	Other Assets	Long Term Investments	Capital Stock	Property Plant And Equipment Net	Other Current Assets
Other Current Liab		0.17	-0.33	0.38	0.29	-0.29	-0.3	-0.11	-0.31	-0.53	-0.52	-0.4	-0.53	-0.47	-0.1	-0.52	-0.48	0.48	0.48	-0.42	-0.56	0.48
Total Current Liabilities	0.17		-0.42	0.49	0.78	0.19	-0.28	-0.45	-0.56	-0.36	-0.37	0.02	-0.45	-0.43	0.84	-0.37	-0.23	0.32	0.32	-0.4	-0.41	0.32
Net Tangible Assets	-0.33	-0.42		-0.91	-0.29	-0.61	0.89	0.88	0.98	0.85	0.86	0.65	0.86	0.97	-0.65	0.86	0.8	-0.68	-0.68	0.88	0.85	-0.68
Retained Earnings	0.38	0.49	-0.91		0.23	0.52	-0.9	-0.85	-0.91	-0.92	-0.92	-0.49	-0.96	-0.96	0.7	-0.92	-0.81	0.81	0.81	-0.92	-0.95	0.81
Accounts Payable	0.29	0.78	-0.29	0.23		-0.2	-0.19	-0.26	-0.41	-0.26	-0.26	-0.3	-0.24	-0.31	0.43	-0.26	-0.28	0.14	0.14	-0.28	-0.23	0.14
Net Receivables	-0.29	0.19	-0.61	0.52	-0.2		-0.53	-0.59	-0.59	-0.4	-0.41	-0.15	-0.44	-0.48	0.61	-0.41	-0.32	0.32	0.32	-0.45	-0.41	0.32
Total Current Assets	-0.3	-0.28	0.89	-0.9	-0.19	-0.53		0.73	0.86	0.96	0.96	0.77	0.92	0.93	-0.5	0.96	0.96	-0.85	-0.85	0.85	0.92	-0.85
Common Stock	-0.11	-0.45	0.88	-0.85	-0.26	-0.59	0.73		0.89	0.66	0.67	0.4	0.7	0.83	-0.72	0.67	0.59	-0.4	-0.4	0.91	0.68	-0.4
Property Plant Equipment	-0.31	-0.56	0.98	-0.91	-0.41	-0.59	0.86	0.89		0.84	0.85	0.59	0.86	0.96	-0.74	0.85	0.77	-0.67	-0.67	0.87	0.85	-0.67
Total Assets	-0.53	-0.36	0.85	-0.92	-0.26	-0.4	0.96	0.66	0.84		1.0	0.73	0.98	0.94	-0.47	1.0	0.96	-0.92	-0.92	0.87	0.99	-0.92
Total Stockholder Equity	-0.52	-0.37	0.86	-0.92	-0.26	-0.41	0.96	0.67	0.85	1.0		0.72	0.98	0.95	-0.49	1.0	0.96	-0.92	-0.92	0.87	0.99	-0.92
Cash	-0.4	0.02	0.65	-0.49	-0.3	-0.15	0.77	0.4	0.59	0.73	0.72		0.6	0.67	0.0	0.72	0.87	-0.56	-0.56	0.59	0.62	-0.56
Non Current Assets Total	-0.53	-0.45	0.86	-0.96	-0.24	-0.44	0.92	0.7	0.86	0.98	0.98	0.6		0.95	-0.57	0.98	0.9	-0.91	-0.91	0.88	1.0	-0.91
Common Stock Shares Outstanding	-0.47	-0.43	0.97	-0.96	-0.31	-0.48	0.93	0.83	0.96	0.94	0.95	0.67	0.95		-0.6	0.95	0.88	-0.8	-0.8	0.92	0.95	-0.8
Total Liab	-0.1	0.84	-0.65	0.7	0.43	0.61	-0.5	-0.72	-0.74	-0.47	-0.49	0.0	-0.57	-0.6		-0.49	-0.32	0.41	0.41	-0.56	-0.53	0.41
Net Invested Capital	-0.52	-0.37	0.86	-0.92	-0.26	-0.41	0.96	0.67	0.85	1.0	1.0	0.72	0.98	0.95	-0.49		0.96	-0.92	-0.92	0.87	0.99	-0.92
Net Working Capital	-0.48	-0.23	0.8	-0.81	-0.28	-0.32	0.96	0.59	0.77	0.96	0.96	0.87	0.9	0.88	-0.32	0.96		-0.86	-0.86	0.8	0.91	-0.86
Other Assets	0.48	0.32	-0.68	0.81	0.14	0.32	-0.85	-0.4	-0.67	-0.92	-0.92	-0.56	-0.91	-0.8	0.41	-0.92	-0.86		1.0	-0.62	-0.92	1.0
Long Term Investments	0.48	0.32	-0.68	0.81	0.14	0.32	-0.85	-0.4	-0.67	-0.92	-0.92	-0.56	-0.91	-0.8	0.41	-0.92	-0.86	1.0		-0.62	-0.92	1.0
Capital Stock	-0.42	-0.4	0.88	-0.92	-0.28	-0.45	0.85	0.91	0.87	0.87	0.87	0.59	0.88	0.92	-0.56	0.87	0.8	-0.62	-0.62		0.87	-0.62
Property Plant And Equipment Net	-0.56	-0.41	0.85	-0.95	-0.23	-0.41	0.92	0.68	0.85	0.99	0.99	0.62	1.0	0.95	-0.53	0.99	0.91	-0.92	-0.92	0.87		-0.92
Other Current Assets	0.48	0.32	-0.68	0.81	0.14	0.32	-0.85	-0.4	-0.67	-0.92	-0.92	-0.56	-0.91	-0.8	0.41	-0.92	-0.86	1.0	1.0	-0.62	-0.92

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Surge Book Value Per Share vs Income Quality Analysis

Book Value Per Share vs Income Quality

Book Value Per Share vs Income Quality Correlation Analysis

Correlation Coefficient

Book Value Per Share

Income Quality

Surge Battery fundamental ratios Correlations

Surge Battery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Surge Stock Analysis

COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Net	+ 1.0	Non Current Assets Total
Long Term Investments	+ 1.0	Other Assets
Other Current Assets	+ 1.0	Other Assets

Common Stock Shares Outstanding	- 0.96	Retained Earnings
Non Current Assets Total	- 0.96	Retained Earnings
Property Plant And Equipment Net	- 0.95	Retained Earnings
Other Current Assets	- 0.92	Property Plant And Equipment Net
Property Plant And Equipment Net	- 0.92	Long Term Investments
Property Plant And Equipment Net	- 0.92	Other Assets