Sable Change To Operating Activities vs Free Cash Flow Analysis

SAE Stock

CAD 0.04 0.01 16.67%

Sable Resources financial indicator trend analysis is much more than just breaking down Sable Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sable Resources is a good investment. Please check the relationship between Sable Resources Change To Operating Activities and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sable Resources. 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.

Change To Operating Activities vs Free Cash Flow

Change To Operating Activities vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sable Resources Change To Operating Activities account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Sable Resources' Change To Operating Activities and Free Cash Flow is 0.47. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Sable Resources, assuming nothing else is changed. The correlation between historical values of Sable Resources' Change To Operating Activities and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Sable Resources are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Operating Activities i.e., Sable Resources' Change To Operating Activities and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Change To Operating Activities

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Sable Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sable Resources 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sable Resources. 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 this time, Sable Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 13.1 M in 2024, whereas Discontinued Operations is likely to drop (17.6 K) in 2024.

Sable Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Short Term Debt	Other Current Liab	Net Tangible Assets	Other Assets	Short Long Term Debt	Common Stock	Property Plant Equipment	Other Current Assets
Total Assets		0.17	0.87	0.76	-0.98	-0.58	0.1	0.98	0.74	-0.02	0.98	0.09	0.9	0.49	-0.33	0.38	0.99	-0.45	-0.46	0.86	0.9	-0.9	-0.54	0.9	0.8	0.62
Total Current Liabilities	0.17		-0.3	-0.11	-0.2	-0.76	-0.15	0.25	-0.12	-0.16	0.22	-0.33	0.51	-0.19	0.1	0.91	0.22	0.03	0.04	0.08	0.37	-0.39	-0.07	0.32	0.48	0.35
Total Stockholder Equity	0.87	-0.3		0.75	-0.83	-0.16	0.17	0.82	0.73	0.07	0.84	0.31	0.61	0.4	-0.38	-0.11	0.84	-0.46	-0.48	0.81	0.71	-0.67	-0.5	0.69	0.52	0.38
Property Plant And Equipment Net	0.76	-0.11	0.75		-0.65	-0.43	0.52	0.64	1.0	0.37	0.63	0.04	0.64	0.54	-0.32	0.13	0.64	-0.36	-0.39	0.6	0.66	-0.74	-0.46	0.76	0.79	0.62
Net Debt	-0.98	-0.2	-0.83	-0.65		0.61	0.02	-0.99	-0.64	0.09	-0.98	-0.11	-0.91	-0.47	0.4	-0.41	-0.98	0.57	0.58	-0.8	-0.9	0.88	0.61	-0.91	-0.76	-0.63
Retained Earnings	-0.58	-0.76	-0.16	-0.43	0.61		-0.09	-0.61	-0.42	-0.03	-0.57	0.27	-0.85	-0.29	0.21	-0.88	-0.57	0.37	0.37	-0.35	-0.72	0.77	0.56	-0.79	-0.84	-0.76
Accounts Payable	0.1	-0.15	0.17	0.52	0.02	-0.09		-0.01	0.55	0.08	-0.02	-0.23	0.0	0.03	0.08	-0.13	-0.02	0.06	0.04	-0.02	0.03	-0.02	-0.15	0.12	0.31	-0.08
Cash	0.98	0.25	0.82	0.64	-0.99	-0.61	-0.01		0.62	-0.12	1.0	0.05	0.91	0.48	-0.32	0.46	1.0	-0.45	-0.46	0.82	0.88	-0.88	-0.53	0.9	0.76	0.61
Non Current Assets Total	0.74	-0.12	0.73	1.0	-0.64	-0.42	0.55	0.62		0.37	0.62	0.01	0.63	0.54	-0.3	0.12	0.62	-0.34	-0.37	0.58	0.64	-0.72	-0.44	0.74	0.78	0.61
Non Currrent Assets Other	-0.02	-0.16	0.07	0.37	0.09	-0.03	0.08	-0.12	0.37		-0.12	0.02	0.01	-0.01	-0.11	-0.16	-0.11	-0.08	-0.1	-0.11	0.02	-0.26	-0.12	0.07	0.21	0.48
Cash And Short Term Investments	0.98	0.22	0.84	0.63	-0.98	-0.57	-0.02	1.0	0.62	-0.12		0.1	0.9	0.44	-0.31	0.41	1.0	-0.44	-0.45	0.86	0.89	-0.87	-0.52	0.87	0.73	0.57
Net Receivables	0.09	-0.33	0.31	0.04	-0.11	0.27	-0.23	0.05	0.01	0.02	0.1		-0.02	-0.17	-0.46	-0.4	0.11	-0.3	-0.3	0.35	0.2	-0.07	-0.23	-0.03	-0.13	-0.12
Common Stock Shares Outstanding	0.9	0.51	0.61	0.64	-0.91	-0.85	0.0	0.91	0.63	0.01	0.9	-0.02		0.42	-0.34	0.69	0.9	-0.51	-0.52	0.73	0.94	-0.96	-0.6	0.94	0.91	0.77
Non Current Liabilities Total	0.49	-0.19	0.4	0.54	-0.47	-0.29	0.03	0.48	0.54	-0.01	0.44	-0.17	0.42		-0.09	0.25	0.44	-0.14	-0.15	0.33	0.27	-0.39	-0.17	0.52	0.34	0.46
Other Stockholder Equity	-0.33	0.1	-0.38	-0.32	0.4	0.21	0.08	-0.32	-0.3	-0.11	-0.31	-0.46	-0.34	-0.09		0.05	-0.31	0.7	0.71	-0.25	-0.42	0.39	0.56	-0.39	-0.34	-0.36
Total Liab	0.38	0.91	-0.11	0.13	-0.41	-0.88	-0.13	0.46	0.12	-0.16	0.41	-0.4	0.69	0.25	0.05		0.42	-0.05	-0.04	0.22	0.49	-0.56	-0.15	0.54	0.63	0.54
Total Current Assets	0.99	0.22	0.84	0.64	-0.98	-0.57	-0.02	1.0	0.62	-0.11	1.0	0.11	0.9	0.44	-0.31	0.42		-0.44	-0.45	0.86	0.89	-0.87	-0.52	0.88	0.74	0.57
Short Long Term Debt Total	-0.45	0.03	-0.46	-0.36	0.57	0.37	0.06	-0.45	-0.34	-0.08	-0.44	-0.3	-0.51	-0.14	0.7	-0.05	-0.44		0.99	-0.28	-0.58	0.52	0.83	-0.55	-0.46	-0.46
Short Term Debt	-0.46	0.04	-0.48	-0.39	0.58	0.37	0.04	-0.46	-0.37	-0.1	-0.45	-0.3	-0.52	-0.15	0.71	-0.04	-0.45	0.99		-0.29	-0.6	0.53	0.83	-0.56	-0.48	-0.47
Other Current Liab	0.86	0.08	0.81	0.6	-0.8	-0.35	-0.02	0.82	0.58	-0.11	0.86	0.35	0.73	0.33	-0.25	0.22	0.86	-0.28	-0.29		0.85	-0.73	-0.41	0.67	0.55	0.36
Net Tangible Assets	0.9	0.37	0.71	0.66	-0.9	-0.72	0.03	0.88	0.64	0.02	0.89	0.2	0.94	0.27	-0.42	0.49	0.89	-0.58	-0.6	0.85		-0.93	-0.69	0.88	0.84	0.67
Other Assets	-0.9	-0.39	-0.67	-0.74	0.88	0.77	-0.02	-0.88	-0.72	-0.26	-0.87	-0.07	-0.96	-0.39	0.39	-0.56	-0.87	0.52	0.53	-0.73	-0.93		0.61	-0.93	-0.91	-0.84
Short Long Term Debt	-0.54	-0.07	-0.5	-0.46	0.61	0.56	-0.15	-0.53	-0.44	-0.12	-0.52	-0.23	-0.6	-0.17	0.56	-0.15	-0.52	0.83	0.83	-0.41	-0.69	0.61		-0.65	-0.54	-0.54
Common Stock	0.9	0.32	0.69	0.76	-0.91	-0.79	0.12	0.9	0.74	0.07	0.87	-0.03	0.94	0.52	-0.39	0.54	0.88	-0.55	-0.56	0.67	0.88	-0.93	-0.65		0.89	0.81
Property Plant Equipment	0.8	0.48	0.52	0.79	-0.76	-0.84	0.31	0.76	0.78	0.21	0.73	-0.13	0.91	0.34	-0.34	0.63	0.74	-0.46	-0.48	0.55	0.84	-0.91	-0.54	0.89		0.78
Other Current Assets	0.62	0.35	0.38	0.62	-0.63	-0.76	-0.08	0.61	0.61	0.48	0.57	-0.12	0.77	0.46	-0.36	0.54	0.57	-0.46	-0.47	0.36	0.67	-0.84	-0.54	0.81	0.78

Click cells to compare fundamentals

Sable Resources Account Relationship Matchups

Sable Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.3M	24.7M	28.5M	22.8M	14.1M	14.8M
Total Current Liabilities	727.6K	1.5M	1.2M	1.0M	14.2M	14.9M
Total Stockholder Equity	8.6M	23.1M	25.4M	13.6M	(177.3K)	(168.4K)
Property Plant And Equipment Net	5.3M	4.0M	4.6M	5.5M	1.9M	1.6M
Net Debt	(4.6M)	(16.9M)	(22.6M)	(17.1M)	(11.9M)	(11.3M)
Retained Earnings	(31.1M)	(21.5M)	(31.6M)	(43.5M)	(59.6M)	(56.7M)
Accounts Payable	433.1K	269.2K	553.5K	353.4K	220.5K	331.7K
Cash	4.8M	17.1M	22.8M	17.2M	12.0M	12.6M
Non Current Assets Total	5.3M	4.0M	4.6M	5.5M	1.9M	1.7M
Non Currrent Assets Other	(136.3K)	143.8K	5.3M	(1.0)	(1.15)	(1.09)
Cash And Short Term Investments	4.8M	20.4M	23.8M	17.2M	12.0M	12.6M
Net Receivables	66.1K	183.4K	30.4K	22.0K	15.5K	14.7K
Common Stock Shares Outstanding	149.1M	244.5M	256.1M	281.5M	286.5M	300.8M
Liabilities And Stockholders Equity	10.3M	24.7M	28.5M	22.8M	14.1M	14.8M
Non Current Liabilities Total	991.1K	117.6K	1.9M	8.2M	26.8K	25.5K
Other Stockholder Equity	3.4M	4.2M	4.8M	4.9M	5.1M	5.7M
Total Liab	1.7M	1.6M	3.1M	9.2M	14.3M	15.0M
Total Current Assets	5.0M	20.7M	23.9M	17.3M	12.2M	12.8M
Net Tangible Assets	7.1M	8.6M	23.1M	13.6M	15.6M	16.4M
Common Stock	36.6M	40.5M	53.1M	55.1M	55.1M	36.4M
Property Plant Equipment	5.5M	5.3M	4.0M	5.5M	6.3M	6.6M
Other Current Assets	152.4K	41.1K	77.0K	125.8K	130.2K	88.4K
Net Invested Capital	8.6M	23.1M	25.4M	13.6M	(177.3K)	(168.4K)
Net Working Capital	4.3M	19.2M	22.7M	16.3M	(2.1M)	(2.0M)
Capital Stock	36.6M	40.5M	53.1M	55.1M	55.1M	50.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Sable Stock Analysis

When running Sable Resources' price analysis, check to measure Sable Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sable Resources is operating at the current time. Most of Sable Resources' value examination focuses on studying past and present price action to predict the probability of Sable Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sable Resources' price. Additionally, you may evaluate how the addition of Sable Resources to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC