Surge Ev To Free Cash Flow vs Days Payables Outstanding Analysis

NILI Stock

CAD 0.36 0.01 2.86%

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 Ev To Free Cash Flow and its Days Payables Outstanding 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.

Ev To Free Cash Flow vs Days Payables Outstanding

Ev To Free Cash Flow vs Days Payables Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Surge Battery Metals Ev To Free Cash Flow account and Days Payables Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Surge Battery's Ev To Free Cash Flow and Days Payables Outstanding is -0.05. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Days Payables Outstanding 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 Ev To Free Cash Flow and Days Payables 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 Ev To Free Cash Flow of Surge Battery Metals are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Ev To Free Cash Flow i.e., Surge Battery's Ev To Free Cash Flow and Days Payables Outstanding go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

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Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Days Payables Outstanding

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 Ev To Free Cash Flow vs Days Payables Outstanding Analysis

Ev To Free Cash Flow vs Days Payables Outstanding

Ev To Free Cash Flow vs Days Payables Outstanding Correlation Analysis

Correlation Coefficient

Ev To Free Cash Flow

Days Payables Outstanding

Surge Battery fundamental ratios Correlations

Surge Battery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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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