Scottie Ptb Ratio vs Capex To Depreciation Analysis

SCOT Stock

CAD 0.16 0.01 5.88%

Scottie Resources financial indicator trend analysis is much more than just breaking down Scottie Resources Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scottie Resources Corp is a good investment. Please check the relationship between Scottie Resources Ptb Ratio and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scottie Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Ptb Ratio vs Capex To Depreciation

Ptb Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scottie Resources Corp Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have weak relationship.

The correlation between Scottie Resources' Ptb Ratio and Capex To Depreciation is 0.3. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Scottie Resources Corp, assuming nothing else is changed. The correlation between historical values of Scottie Resources' Ptb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Scottie Resources Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., Scottie Resources' Ptb Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

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Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from Scottie Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scottie Resources Corp 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 Scottie Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Scottie Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 29.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.3 M in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	75.9K	74.3K	85.4K	49.9K
Cost Of Revenue	75.9K	74.3K	85.4K	49.9K

Reconciled Depreciation Cost Of Revenue

Scottie Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Other Current Liab	Accounts Payable	Net Tangible Assets	Other Assets	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Other Current Assets	Capital Stock	Short Long Term Debt Total
Total Assets		0.54	0.99	0.97	-0.89	-0.58	0.9	0.96	0.9	0.47	0.62	-0.31	0.59	0.89	0.25	0.71	0.45	0.86	0.56	0.7	0.75	0.97	0.66	0.16	0.68	-0.1
Total Current Liabilities	0.54		0.45	0.63	-0.2	-0.94	0.23	0.64	0.23	0.94	0.96	-0.29	1.0	0.28	0.23	0.9	0.99	0.79	0.96	0.92	0.92	0.49	-0.15	-0.1	0.92	-0.65
Total Stockholder Equity	0.99	0.45		0.94	-0.93	-0.5	0.94	0.93	0.94	0.39	0.55	-0.29	0.5	0.92	0.23	0.64	0.36	0.83	0.48	0.64	0.69	0.98	0.74	0.18	0.62	-0.07
Property Plant And Equipment Net	0.97	0.63	0.94		-0.75	-0.61	0.76	1.0	0.76	0.49	0.65	-0.28	0.68	0.75	0.25	0.83	0.53	0.83	0.63	0.71	0.78	0.92	0.46	-0.05	0.7	-0.11
Net Debt	-0.89	-0.2	-0.93	-0.75		0.33	-1.0	-0.74	-1.0	-0.23	-0.37	0.26	-0.27	-0.99	-0.15	-0.38	-0.14	-0.71	-0.26	-0.48	-0.49	-0.92	-0.92	-0.44	-0.46	-0.01
Retained Earnings	-0.58	-0.94	-0.5	-0.61	0.33		-0.35	-0.62	-0.35	-0.98	-0.98	0.29	-0.93	-0.42	-0.22	-0.78	-0.95	-0.87	-0.93	-0.97	-0.95	-0.53	-0.02	-0.02	-0.97	0.62
Cash	0.9	0.23	0.94	0.76	-1.0	-0.35		0.76	1.0	0.26	0.4	-0.28	0.3	0.99	0.17	0.4	0.17	0.73	0.29	0.51	0.52	0.93	0.91	0.44	0.49	-0.03
Non Current Assets Total	0.96	0.64	0.93	1.0	-0.74	-0.62	0.76		0.76	0.5	0.65	-0.28	0.69	0.74	0.26	0.83	0.54	0.83	0.64	0.71	0.79	0.91	0.46	-0.05	0.7	-0.11
Cash And Short Term Investments	0.9	0.23	0.94	0.76	-1.0	-0.35	1.0	0.76		0.26	0.4	-0.28	0.3	0.99	0.17	0.4	0.17	0.73	0.29	0.51	0.52	0.93	0.91	0.44	0.49	-0.03
Net Receivables	0.47	0.94	0.39	0.49	-0.23	-0.98	0.26	0.5	0.26		0.98	-0.31	0.92	0.33	0.23	0.73	0.97	0.82	0.93	0.95	0.91	0.43	-0.06	0.05	0.95	-0.75
Common Stock Shares Outstanding	0.62	0.96	0.55	0.65	-0.37	-0.98	0.4	0.65	0.4	0.98		-0.32	0.96	0.46	0.28	0.82	0.96	0.9	0.96	0.99	0.97	0.58	0.06	0.04	0.98	-0.7
Other Stockholder Equity	-0.31	-0.29	-0.29	-0.28	0.26	0.29	-0.28	-0.28	-0.28	-0.31	-0.32		-0.3	-0.29	-0.11	-0.33	-0.26	-0.33	-0.26	-0.32	-0.31	-0.25	-0.13	-0.12	-0.29	0.14
Total Liab	0.59	1.0	0.5	0.68	-0.27	-0.93	0.3	0.69	0.3	0.92	0.96	-0.3		0.34	0.24	0.92	0.98	0.82	0.95	0.93	0.93	0.54	-0.09	-0.05	0.92	-0.63
Total Current Assets	0.89	0.28	0.92	0.75	-0.99	-0.42	0.99	0.74	0.99	0.33	0.46	-0.29	0.34		0.19	0.4	0.22	0.76	0.34	0.56	0.55	0.91	0.9	0.48	0.54	-0.06
Non Currrent Assets Other	0.25	0.23	0.23	0.25	-0.15	-0.22	0.17	0.26	0.17	0.23	0.28	-0.11	0.24	0.19		0.15	0.21	0.24	0.48	0.23	0.23	0.16	0.05	0.08	0.19	-0.09
Other Current Liab	0.71	0.9	0.64	0.83	-0.38	-0.78	0.4	0.83	0.4	0.73	0.82	-0.33	0.92	0.4	0.15		0.83	0.78	0.83	0.81	0.87	0.67	0.0	-0.17	0.81	-0.43
Accounts Payable	0.45	0.99	0.36	0.53	-0.14	-0.95	0.17	0.54	0.17	0.97	0.96	-0.26	0.98	0.22	0.21	0.83		0.77	0.95	0.92	0.91	0.4	-0.2	-0.07	0.92	-0.71
Net Tangible Assets	0.86	0.79	0.83	0.83	-0.71	-0.87	0.73	0.83	0.73	0.82	0.9	-0.33	0.82	0.76	0.24	0.78	0.77		0.82	0.95	0.96	0.86	0.45	0.1	0.95	-0.53
Other Assets	0.56	0.96	0.48	0.63	-0.26	-0.93	0.29	0.64	0.29	0.93	0.96	-0.26	0.95	0.34	0.48	0.83	0.95	0.82		0.92	0.92	0.51	-0.08	-0.06	0.91	-0.65
Common Stock	0.7	0.92	0.64	0.71	-0.48	-0.97	0.51	0.71	0.51	0.95	0.99	-0.32	0.93	0.56	0.23	0.81	0.92	0.95	0.92		0.99	0.68	0.18	0.05	1.0	-0.67
Property Plant Equipment	0.75	0.92	0.69	0.78	-0.49	-0.95	0.52	0.79	0.52	0.91	0.97	-0.31	0.93	0.55	0.23	0.87	0.91	0.96	0.92	0.99		0.73	0.17	-0.07	0.99	-0.63
Net Invested Capital	0.97	0.49	0.98	0.92	-0.92	-0.53	0.93	0.91	0.93	0.43	0.58	-0.25	0.54	0.91	0.16	0.67	0.4	0.86	0.51	0.68	0.73		0.72	0.15	0.67	-0.19
Net Working Capital	0.66	-0.15	0.74	0.46	-0.92	-0.02	0.91	0.46	0.91	-0.06	0.06	-0.13	-0.09	0.9	0.05	0.0	-0.2	0.45	-0.08	0.18	0.17	0.72		0.53	0.17	0.16
Other Current Assets	0.16	-0.1	0.18	-0.05	-0.44	-0.02	0.44	-0.05	0.44	0.05	0.04	-0.12	-0.05	0.48	0.08	-0.17	-0.07	0.1	-0.06	0.05	-0.07	0.15	0.53		0.03	0.05
Capital Stock	0.68	0.92	0.62	0.7	-0.46	-0.97	0.49	0.7	0.49	0.95	0.98	-0.29	0.92	0.54	0.19	0.81	0.92	0.95	0.91	1.0	0.99	0.67	0.17	0.03		-0.68
Short Long Term Debt Total	-0.1	-0.65	-0.07	-0.11	-0.01	0.62	-0.03	-0.11	-0.03	-0.75	-0.7	0.14	-0.63	-0.06	-0.09	-0.43	-0.71	-0.53	-0.65	-0.67	-0.63	-0.19	0.16	0.05	-0.68

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Scottie Resources Account Relationship Matchups

Scottie Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.1M	22.6M	19.2M	9.5M	11.0M	6.0M
Total Current Liabilities	201.6K	600.5K	3.0M	2.6M	3.0M	3.1M
Total Stockholder Equity	8.7M	21.8M	16.0M	6.9M	8.0M	5.2M
Property Plant And Equipment Net	2.4M	13.2M	14.8M	6.6M	7.6M	3.8M
Net Debt	(4.7M)	(7.3M)	(3.5M)	(1.5M)	(1.3M)	(1.4M)
Retained Earnings	(9.9M)	(16.3M)	(25.8M)	(44.9M)	(40.4M)	(38.4M)
Cash	4.7M	7.3M	3.5M	1.5M	1.7M	1.6M
Non Current Assets Total	2.5M	13.3M	15.1M	6.8M	7.9M	3.9M
Cash And Short Term Investments	4.7M	7.3M	3.5M	1.5M	1.7M	1.6M
Net Receivables	275.0K	234.3K	557.7K	1.0M	1.2M	1.2M
Common Stock Shares Outstanding	89.7M	132.5M	209.4M	253.3M	291.4M	305.9M
Liabilities And Stockholders Equity	9.1M	22.6M	19.2M	9.5M	11.0M	6.0M
Total Liab	447.3K	792.0K	3.3M	2.6M	3.0M	3.1M
Total Current Assets	6.6M	9.3M	4.1M	2.7M	3.1M	2.1M
Other Current Liab	51.9K	421.5K	1.2M	566.4K	651.3K	683.9K
Accounts Payable	149.7K	179.0K	1.8M	2.0M	2.3M	2.5M
Net Tangible Assets	1.9M	8.7M	21.8M	16.0M	18.4M	19.3M
Other Assets	107K	55.5K	103.5K	248.4K	285.7K	300.0K
Common Stock	16.3M	34.2M	37.6M	46.2M	53.1M	55.8M
Property Plant Equipment	2.3M	2.4M	13.2M	14.8M	17.1M	17.9M
Net Invested Capital	8.7M	21.8M	16.0M	6.9M	8.0M	9.3M
Net Working Capital	6.4M	8.7M	1.2M	103.1K	118.6K	112.6K
Other Current Assets	739.3K	(30.0)	18.4K	42.3K	38.1K	36.2K
Capital Stock	16.3M	34.2M	37.6M	46.2M	53.1M	55.8M

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