Scandium End Period Cash Flow vs Depreciation Analysis

SCY Stock  CAD 0.01  0.01  25.00%   
Scandium Interna financial indicator trend analysis is much more than just breaking down Scandium Interna prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scandium Interna is a good investment. Please check the relationship between Scandium Interna End Period Cash Flow and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scandium Interna. 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.

End Period Cash Flow vs Depreciation

End Period Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scandium Interna End Period Cash Flow account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Scandium Interna's End Period Cash Flow and Depreciation is 0.46. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Scandium Interna, assuming nothing else is changed. The correlation between historical values of Scandium Interna's End Period Cash Flow and 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 End Period Cash Flow of Scandium Interna are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of End Period Cash Flow i.e., Scandium Interna's End Period Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

End Period Cash Flow

Depreciation

Depreciation indicates how much of Scandium Interna value has been used up. For tax purposes Scandium Interna can deduct the cost of the tangible assets it purchases as business expenses. However, Scandium Interna must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Scandium Interna's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scandium Interna 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 Scandium Interna. 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 29th of November 2024, Selling General Administrative is likely to drop to about 170.4 K. Issuance Of Capital Stock is expected to grow at the current pace this year

Scandium Interna fundamental ratios Correlations

0.440.30.781.00.7-0.42-0.560.940.720.770.940.79-0.340.770.84-0.80.790.690.790.850.490.940.70.780.18
0.440.160.550.420.87-0.890.40.32-0.19-0.140.68-0.13-0.16-0.140.15-0.28-0.130.17-0.13-0.050.470.530.87-0.14-0.01
0.30.160.370.270.17-0.1-0.250.080.350.270.260.250.410.27-0.010.120.270.410.270.23-0.090.380.170.270.02
0.780.550.370.740.59-0.37-0.320.750.550.560.760.58-0.270.560.71-0.640.580.270.580.630.60.920.590.560.23
1.00.420.270.740.68-0.41-0.580.940.730.790.930.8-0.350.790.84-0.80.80.690.80.860.450.920.680.790.16
0.70.870.170.590.68-0.940.20.610.030.090.90.11-0.340.090.45-0.520.110.550.110.220.680.731.00.10.18
-0.42-0.89-0.1-0.37-0.41-0.94-0.5-0.330.290.24-0.710.220.260.24-0.160.270.22-0.390.220.11-0.59-0.48-0.940.23-0.14
-0.560.4-0.25-0.32-0.580.2-0.5-0.56-0.94-0.95-0.24-0.940.04-0.95-0.590.45-0.94-0.35-0.94-0.890.19-0.410.2-0.95-0.01
0.940.320.080.750.940.61-0.33-0.560.70.770.860.78-0.540.770.95-0.910.780.60.780.860.60.90.610.780.32
0.72-0.190.350.550.730.030.29-0.940.70.970.450.97-0.130.970.7-0.560.980.480.980.960.010.630.030.970.14
0.77-0.140.270.560.790.090.24-0.950.770.970.510.99-0.161.00.78-0.660.990.470.990.980.080.660.091.00.05
0.940.680.260.760.930.9-0.71-0.240.860.450.510.53-0.370.510.72-0.730.530.680.530.620.630.920.90.520.19
0.79-0.130.250.580.80.110.22-0.940.780.970.990.53-0.210.990.77-0.671.00.481.00.990.10.680.110.990.11
-0.34-0.160.41-0.27-0.35-0.340.260.04-0.54-0.13-0.16-0.37-0.21-0.16-0.520.59-0.19-0.1-0.19-0.28-0.47-0.33-0.34-0.18-0.58
0.77-0.140.270.560.790.090.24-0.950.770.971.00.510.99-0.160.78-0.660.990.470.990.980.080.660.091.00.05
0.840.15-0.010.710.840.45-0.16-0.590.950.70.780.720.77-0.520.78-0.910.780.490.780.850.610.820.450.790.27
-0.8-0.280.12-0.64-0.8-0.520.270.45-0.91-0.56-0.66-0.73-0.670.59-0.66-0.91-0.66-0.46-0.66-0.74-0.64-0.76-0.52-0.66-0.15
0.79-0.130.270.580.80.110.22-0.940.780.980.990.531.0-0.190.990.78-0.660.481.00.990.10.690.111.00.1
0.690.170.410.270.690.55-0.39-0.350.60.480.470.680.48-0.10.470.49-0.460.480.480.540.320.60.550.480.18
0.79-0.130.270.580.80.110.22-0.940.780.980.990.531.0-0.190.990.78-0.661.00.480.990.10.690.111.00.1
0.85-0.050.230.630.860.220.11-0.890.860.960.980.620.99-0.280.980.85-0.740.990.540.990.220.750.220.980.17
0.490.47-0.090.60.450.68-0.590.190.60.010.080.630.1-0.470.080.61-0.640.10.320.10.220.650.680.090.24
0.940.530.380.920.920.73-0.48-0.410.90.630.660.920.68-0.330.660.82-0.760.690.60.690.750.650.730.670.25
0.70.870.170.590.681.0-0.940.20.610.030.090.90.11-0.340.090.45-0.520.110.550.110.220.680.730.10.18
0.78-0.140.270.560.790.10.23-0.950.780.971.00.520.99-0.181.00.79-0.661.00.481.00.980.090.670.10.08
0.18-0.010.020.230.160.18-0.14-0.010.320.140.050.190.11-0.580.050.27-0.150.10.180.10.170.240.250.180.08
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Scandium Interna Account Relationship Matchups

Scandium Interna fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets883.8K932.9K847.4K2.6M1.8M1.7M
Total Current Liabilities538.2K1.2M1.7M1.5M349.3K331.8K
Total Stockholder Equity345.6K(221.5K)(880.3K)1.1M1.4M1.4M
Property Plant And Equipment Net711.0K708.7K707.0K704.1K633.6K602.0K
Net Debt(115.6K)(170.3K)(93.9K)(1.9M)(1.0M)(970.9K)
Retained Earnings(112.8M)(114.2M)(115.8M)(115.0M)(114.9M)(120.7M)
Accounts Payable269.1K451.9K568.0K127.3K60.8K57.7K
Cash115.6K170.3K93.9K1.9M1.0M1.9M
Non Current Assets Total722.5K720.2K718.4K714.8K715.1K679.3K
Cash And Short Term Investments115.6K170.3K93.9K1.9M1.0M2.0M
Net Receivables45.8K42.4K35.0K33.5K40.2K38.2K
Common Stock Shares Outstanding310.6M312.6M316.2M340.4M355.9M227.6M
Liabilities And Stockholders Equity883.8K932.9K847.4K2.6M1.8M1.7M
Inventory(45.76)(42.43)(35.04)(33.54)(40.21)(38.2)
Other Current Assets45.8K42.4K35.0K33.5440.2138.2
Other Stockholder Equity4.7M5.2M5.6M5.8M6.0M5.7M
Total Liab538.2K1.2M1.7M1.5M349.3K331.8K
Property Plant And Equipment Gross711.0K708.7K707.0K704.1K633.6K602.0K
Total Current Assets161.3K212.7K128.9K1.9M1.1M1.0M
Common Stock109.4M109.6M110.1M111.1M127.8M87.0M
Net Tangible Assets345.6K(221.5K)(880.3K)1.1M984.0K859.9K
Property Plant Equipment711.0K708.7K707.0K704.1K633.6K793.0K
Common Stock Total Equity106.5M108.2M109.4M109.6M126.1M112.9M
Capital Surpluse5.9M6.5M6.9M7.0M8.1M6.9M
Net Invested Capital345.6K(221.5K)(880.3K)1.1M1.4M1.5M
Net Working Capital(376.9K)(941.7K)(1.6M)378.5K712.9K748.6K
Capital Stock109.4M109.6M110.1M111.1M127.8M120.9M

Pair Trading with Scandium Interna

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 Scandium Interna 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 Scandium Interna will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Scandium Interna could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Scandium Interna 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 Scandium Interna - 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 Scandium Interna to buy it.
The correlation of Scandium Interna 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 Scandium Interna moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Scandium Interna 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 Scandium Interna 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 Scandium Stock

Balance Sheet is a snapshot of the financial position of Scandium Interna at a specified time, usually calculated after every quarter, six months, or one year. Scandium Interna Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Scandium Interna 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 Scandium currently owns. An asset can also be divided into two categories, current and non-current.