SAU Inventory vs Other Current Assets Analysis

SAU Stock  CAD 0.08  0.01  11.11%   
St Augustine financial indicator trend analysis is much more than just breaking down St Augustine Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether St Augustine Gold is a good investment. Please check the relationship between St Augustine Inventory and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in St Augustine Gold. 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.

Inventory vs Other Current Assets

Inventory vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of St Augustine Gold Inventory account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between St Augustine's Inventory and Other Current Assets is 0.05. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of St Augustine Gold, assuming nothing else is changed. The correlation between historical values of St Augustine's Inventory and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of St Augustine Gold are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Inventory i.e., St Augustine's Inventory and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory

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.
Most indicators from St Augustine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into St Augustine Gold 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 St Augustine Gold. 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.
As of the 24th of November 2024, Enterprise Value is likely to grow to about 69 M, while Selling General Administrative is likely to drop 410.40.
 2021 2022 2023 2024 (projected)
Net Interest Income44.7K420.3K656.1K688.9K
Interest Income496K464.7K656.1K358.1K

St Augustine fundamental ratios Correlations

-0.89-0.861.0-0.190.03-0.830.32-0.030.970.67-0.030.640.150.1-0.01-0.860.14-0.040.010.390.720.540.390.52-0.13
-0.890.97-0.91-0.20.270.58-0.37-0.27-0.79-0.31-0.27-0.320.17-0.37-0.280.97-0.21-0.27-0.25-0.08-0.44-0.34-0.05-0.230.13
-0.860.97-0.9-0.130.140.6-0.15-0.14-0.8-0.37-0.14-0.380.06-0.24-0.171.0-0.32-0.15-0.28-0.04-0.5-0.430.0-0.270.12
1.0-0.91-0.9-0.150.01-0.810.3-0.010.960.64-0.010.610.120.120.01-0.90.17-0.010.050.350.70.530.340.49-0.12
-0.19-0.2-0.13-0.15-0.830.650.380.83-0.38-0.820.83-0.81-0.930.620.85-0.13-0.070.850.59-0.46-0.76-0.6-0.69-0.780.26
0.030.270.140.01-0.83-0.52-0.59-1.00.260.58-1.00.560.8-0.7-0.750.140.11-1.0-0.10.320.570.350.540.58-0.18
-0.830.580.6-0.810.65-0.52-0.010.52-0.92-0.880.52-0.87-0.610.250.390.6-0.060.530.17-0.42-0.89-0.7-0.71-0.840.35
0.32-0.37-0.150.30.38-0.59-0.010.590.18-0.130.59-0.23-0.50.710.51-0.15-0.340.58-0.040.22-0.15-0.320.15-0.160.18
-0.03-0.27-0.14-0.010.83-1.00.520.59-0.26-0.581.0-0.56-0.80.70.75-0.14-0.111.00.1-0.32-0.57-0.36-0.54-0.580.18
0.97-0.79-0.80.96-0.380.26-0.920.18-0.260.79-0.260.740.33-0.06-0.19-0.80.17-0.27-0.020.460.830.60.50.64-0.14
0.67-0.31-0.370.64-0.820.58-0.88-0.13-0.580.79-0.580.960.76-0.39-0.57-0.370.17-0.6-0.440.60.890.750.70.85-0.15
-0.03-0.27-0.14-0.010.83-1.00.520.591.0-0.26-0.58-0.56-0.80.70.75-0.14-0.111.00.1-0.32-0.57-0.36-0.54-0.580.18
0.64-0.32-0.380.61-0.810.56-0.87-0.23-0.560.740.96-0.560.76-0.45-0.56-0.380.19-0.58-0.440.480.880.870.630.87-0.38
0.150.170.060.12-0.930.8-0.61-0.5-0.80.330.76-0.80.76-0.6-0.770.060.1-0.82-0.510.220.680.670.650.84-0.29
0.1-0.37-0.240.120.62-0.70.250.710.7-0.06-0.390.7-0.45-0.60.56-0.24-0.130.70.09-0.03-0.33-0.47-0.24-0.450.38
-0.01-0.28-0.170.010.85-0.750.390.510.75-0.19-0.570.75-0.56-0.770.56-0.17-0.130.770.55-0.34-0.7-0.45-0.35-0.460.09
-0.860.971.0-0.9-0.130.140.6-0.15-0.14-0.8-0.37-0.14-0.380.06-0.24-0.17-0.32-0.15-0.28-0.04-0.5-0.430.0-0.270.12
0.14-0.21-0.320.17-0.070.11-0.06-0.34-0.110.170.17-0.110.190.1-0.13-0.13-0.32-0.11-0.060.010.190.15-0.46-0.030.14
-0.04-0.27-0.15-0.010.85-1.00.530.581.0-0.27-0.61.0-0.58-0.820.70.77-0.15-0.110.14-0.33-0.58-0.37-0.55-0.60.18
0.01-0.25-0.280.050.59-0.10.17-0.040.1-0.02-0.440.1-0.44-0.510.090.55-0.28-0.060.14-0.31-0.39-0.33-0.32-0.370.05
0.39-0.08-0.040.35-0.460.32-0.420.22-0.320.460.6-0.320.480.22-0.03-0.34-0.040.01-0.33-0.310.490.140.430.260.34
0.72-0.44-0.50.7-0.760.57-0.89-0.15-0.570.830.89-0.570.880.68-0.33-0.7-0.50.19-0.58-0.390.490.730.560.75-0.21
0.54-0.34-0.430.53-0.60.35-0.7-0.32-0.360.60.75-0.360.870.67-0.47-0.45-0.430.15-0.37-0.330.140.730.40.81-0.58
0.39-0.050.00.34-0.690.54-0.710.15-0.540.50.7-0.540.630.65-0.24-0.350.0-0.46-0.55-0.320.430.560.40.79-0.24
0.52-0.23-0.270.49-0.780.58-0.84-0.16-0.580.640.85-0.580.870.84-0.45-0.46-0.27-0.03-0.6-0.370.260.750.810.79-0.5
-0.130.130.12-0.120.26-0.180.350.180.18-0.14-0.150.18-0.38-0.290.380.090.120.140.180.050.34-0.21-0.58-0.24-0.5
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St Augustine Account Relationship Matchups

St Augustine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets113.4M116.5M113.6M110.9M113.4M111.4M
Other Current Liab4.3M4.9M1.3M2.0M1.1M998.1K
Total Current Liabilities6.8M8.0M4.8M3.2M2.1M3.9M
Total Stockholder Equity106.6M108.5M108.8M107.7M111.4M106.0M
Property Plant And Equipment Net60.1K22.4K62.1K62.7K63.3K60.2K
Net Debt(129.4K)(225.1K)(183.1K)(150.0K)(480.5K)(504.6K)
Retained Earnings(26.6M)(26.8M)(28.5M)(29.5M)(29.1M)(30.6M)
Accounts Payable2.5M3.1M3.5M1.2M1.0M1.6M
Cash129.4K225.1K183.1K150.0K480.5K456.5K
Non Current Assets Total113.2M116.2M113.3M110.6M112.8M106.7M
Non Currrent Assets Other17.3M17.9M16.7M16.3M17.9M13.2M
Cash And Short Term Investments129.4K225.1K183.1K150.0K480.5K456.5K
Liabilities And Stockholders Equity113.4M116.5M113.6M110.9M113.4M111.4M
Total Liab6.8M8.0M4.8M3.2M2.1M3.9M
Property Plant And Equipment Gross88.7K60.1K22.4K610.1K549.1K521.7K
Total Current Assets221.0K318.8K282.4K260.3K630.9K599.4K
Accumulated Other Comprehensive Income(9.4M)(7.2M)(9.5M)(12.6M)(12.2M)(11.6M)
Other Current Assets91.6K93.7K99.3K110.3K150.4K172.9K
Other Assets17.3M17.9M16.7M196.3K225.7K214.4K
Net Tangible Assets105.3M106.6M108.5M108.8M125.2M118.9M
Long Term Investments95.8M98.2M96.6M94.2M94.8M82.6M
Property Plant Equipment60.8M61.4M62.1M62.7M72.1M64.0M
Net Invested Capital106.6M108.5M108.8M107.7M111.4M118.7M
Net Working Capital(6.6M)(7.6M)(4.5M)(2.9M)(1.4M)(1.5M)

Pair Trading with St Augustine

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if St Augustine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in St Augustine will appreciate offsetting losses from the drop in the long position's value.

Moving together with SAU Stock

  0.7IE Ivanhoe EnergyPairCorr

Moving against SAU Stock

  0.38INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to St Augustine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace St Augustine when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back St Augustine - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling St Augustine Gold to buy it.
The correlation of St Augustine is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as St Augustine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if St Augustine Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for St Augustine can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in SAU Stock

Balance Sheet is a snapshot of the financial position of St Augustine Gold at a specified time, usually calculated after every quarter, six months, or one year. St Augustine Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of St Augustine and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which SAU currently owns. An asset can also be divided into two categories, current and non-current.