Stampede Cash And Short Term Investments vs Net Invested Capital Analysis

SDI Stock

CAD 0.19 0.01 5.00%

Stampede Drilling financial indicator trend analysis is much more than just breaking down Stampede Drilling prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stampede Drilling is a good investment. Please check the relationship between Stampede Drilling Cash And Short Term Investments and its Net Invested Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stampede Drilling. 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.

Cash And Short Term Investments vs Net Invested Capital

Cash And Short Term Investments vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stampede Drilling Cash And Short Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Stampede Drilling's Cash And Short Term Investments and Net Invested Capital is -0.27. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Stampede Drilling, assuming nothing else is changed. The correlation between historical values of Stampede Drilling's Cash And Short Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Stampede Drilling are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash And Short Term Investments i.e., Stampede Drilling's Cash And Short Term Investments and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.27

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Stampede Drilling balance sheet. This account contains Stampede Drilling investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Stampede Drilling fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Stampede Drilling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stampede Drilling 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 Stampede Drilling. 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, Stampede Drilling's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 1.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	32.2M	66.9M	86.0M	90.3M
Depreciation And Amortization	4.5M	4.7M	7.1M	3.7M

Total Revenue Depreciation And Amortization

Stampede Drilling fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Other Current Assets	Accounts Payable	Non Current Liabilities Total	Net Tangible Assets	Common Stock	Property Plant Equipment	Non Currrent Assets Other	Short Long Term Debt Total	Long Term Debt	Good Will	Net Invested Capital
Total Assets		0.22	0.7	1.0	0.77	-0.25	-0.21	-0.21	0.9	0.93	-0.28	0.98	0.35	0.98	0.98	0.65	0.55	0.94	0.98	0.85	0.97	0.71	0.87	0.91	-0.74	0.88
Other Current Liab	0.22		0.14	0.25	-0.06	-0.01	0.18	0.18	0.4	0.11	0.23	0.15	0.46	0.14	0.14	0.4	0.4	0.13	0.18	0.17	0.12	0.06	0.0	0.09	-0.09	0.12
Total Current Liabilities	0.7	0.14		0.65	0.78	-0.55	-0.46	-0.46	0.69	0.73	-0.51	0.79	0.12	0.73	0.72	0.53	0.54	0.46	0.63	0.83	0.69	0.84	0.85	0.43	-0.12	0.69
Total Stockholder Equity	1.0	0.25	0.65		0.71	-0.23	-0.13	-0.13	0.89	0.91	-0.2	0.95	0.41	0.96	0.96	0.66	0.55	0.93	0.97	0.83	0.95	0.67	0.83	0.9	-0.75	0.86
Net Debt	0.77	-0.06	0.78	0.71		-0.47	-0.75	-0.75	0.66	0.89	-0.73	0.88	-0.27	0.87	0.87	0.45	0.33	0.73	0.78	0.81	0.86	0.84	0.9	0.7	-0.48	0.74
Retained Earnings	-0.25	-0.01	-0.55	-0.23	-0.47		0.34	0.34	-0.09	-0.47	0.28	-0.34	0.22	-0.31	-0.3	-0.22	0.27	-0.11	-0.23	-0.62	-0.28	-0.73	-0.43	-0.01	-0.13	-0.11
Cash	-0.21	0.18	-0.46	-0.13	-0.75	0.34		1.0	-0.23	-0.43	0.77	-0.37	0.73	-0.37	-0.37	-0.11	-0.08	-0.2	-0.23	-0.34	-0.34	-0.49	-0.44	-0.2	0.07	-0.27
Cash And Short Term Investments	-0.21	0.18	-0.46	-0.13	-0.75	0.34	1.0		-0.23	-0.43	0.77	-0.37	0.73	-0.37	-0.37	-0.11	-0.08	-0.2	-0.23	-0.34	-0.34	-0.49	-0.44	-0.2	0.07	-0.27
Net Receivables	0.9	0.4	0.69	0.89	0.66	-0.09	-0.23	-0.23		0.77	-0.16	0.87	0.44	0.86	0.86	0.75	0.76	0.78	0.84	0.69	0.82	0.55	0.72	0.78	-0.63	0.77
Common Stock Shares Outstanding	0.93	0.11	0.73	0.91	0.89	-0.47	-0.43	-0.43	0.77		-0.52	0.96	0.06	0.97	0.96	0.5	0.36	0.89	0.92	0.89	0.96	0.87	0.9	0.85	-0.68	0.79
Other Stockholder Equity	-0.28	0.23	-0.51	-0.2	-0.73	0.28	0.77	0.77	-0.16	-0.52		-0.44	0.6	-0.43	-0.42	0.16	-0.09	-0.29	-0.31	-0.42	-0.45	-0.61	-0.56	-0.28	0.13	-0.35
Total Liab	0.98	0.15	0.79	0.95	0.88	-0.34	-0.37	-0.37	0.87	0.96	-0.44		0.2	0.99	0.99	0.61	0.53	0.9	0.96	0.89	0.98	0.8	0.94	0.88	-0.67	0.87
Total Current Assets	0.35	0.46	0.12	0.41	-0.27	0.22	0.73	0.73	0.44	0.06	0.6	0.2		0.17	0.18	0.47	0.53	0.23	0.27	0.17	0.16	-0.05	0.09	0.23	-0.15	0.3
Property Plant And Equipment Net	0.98	0.14	0.73	0.96	0.87	-0.31	-0.37	-0.37	0.86	0.97	-0.43	0.99	0.17		1.0	0.6	0.5	0.93	0.98	0.88	0.99	0.78	0.92	0.91	-0.72	0.88
Non Current Assets Total	0.98	0.14	0.72	0.96	0.87	-0.3	-0.37	-0.37	0.86	0.96	-0.42	0.99	0.18	1.0		0.61	0.5	0.94	0.98	0.87	0.99	0.77	0.91	0.91	-0.72	0.89
Other Current Assets	0.65	0.4	0.53	0.66	0.45	-0.22	-0.11	-0.11	0.75	0.5	0.16	0.61	0.47	0.6	0.61		0.54	0.56	0.63	0.63	0.57	0.42	0.58	0.5	-0.27	0.69
Accounts Payable	0.55	0.4	0.54	0.55	0.33	0.27	-0.08	-0.08	0.76	0.36	-0.09	0.53	0.53	0.5	0.5	0.54		0.42	0.51	0.4	0.48	0.28	0.45	0.47	-0.27	0.63
Non Current Liabilities Total	0.94	0.13	0.46	0.93	0.73	-0.11	-0.2	-0.2	0.78	0.89	-0.29	0.9	0.23	0.93	0.94	0.56	0.42		0.96	0.74	0.95	0.61	0.8	0.98	-0.86	0.84
Net Tangible Assets	0.98	0.18	0.63	0.97	0.78	-0.23	-0.23	-0.23	0.84	0.92	-0.31	0.96	0.27	0.98	0.98	0.63	0.51	0.96		0.86	0.98	0.7	0.86	0.93	-0.77	0.88
Common Stock	0.85	0.17	0.83	0.83	0.81	-0.62	-0.34	-0.34	0.69	0.89	-0.42	0.89	0.17	0.88	0.87	0.63	0.4	0.74	0.86		0.87	0.93	0.91	0.66	-0.39	0.8
Property Plant Equipment	0.97	0.12	0.69	0.95	0.86	-0.28	-0.34	-0.34	0.82	0.96	-0.45	0.98	0.16	0.99	0.99	0.57	0.48	0.95	0.98	0.87		0.77	0.91	0.93	-0.75	0.88
Non Currrent Assets Other	0.71	0.06	0.84	0.67	0.84	-0.73	-0.49	-0.49	0.55	0.87	-0.61	0.8	-0.05	0.78	0.77	0.42	0.28	0.61	0.7	0.93	0.77		0.87	0.54	-0.27	0.66
Short Long Term Debt Total	0.87	0.0	0.85	0.83	0.9	-0.43	-0.44	-0.44	0.72	0.9	-0.56	0.94	0.09	0.92	0.91	0.58	0.45	0.8	0.86	0.91	0.91	0.87		0.75	-0.45	0.9
Long Term Debt	0.91	0.09	0.43	0.9	0.7	-0.01	-0.2	-0.2	0.78	0.85	-0.28	0.88	0.23	0.91	0.91	0.5	0.47	0.98	0.93	0.66	0.93	0.54	0.75		-0.9	0.82
Good Will	-0.74	-0.09	-0.12	-0.75	-0.48	-0.13	0.07	0.07	-0.63	-0.68	0.13	-0.67	-0.15	-0.72	-0.72	-0.27	-0.27	-0.86	-0.77	-0.39	-0.75	-0.27	-0.45	-0.9		-0.51
Net Invested Capital	0.88	0.12	0.69	0.86	0.74	-0.11	-0.27	-0.27	0.77	0.79	-0.35	0.87	0.3	0.88	0.89	0.69	0.63	0.84	0.88	0.8	0.88	0.66	0.9	0.82	-0.51

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Stampede Drilling Account Relationship Matchups

Stampede Drilling fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.2M	47.8M	50.8M	108.3M	118.6M	124.5M
Other Current Liab	494K	364K	845K	2.2M	2.5M	2.0M
Total Current Liabilities	16.2M	10.0M	10.1M	19.8M	12.0M	7.2M
Total Stockholder Equity	36.6M	32.8M	36.2M	72.8M	82.7M	86.9M
Net Debt	11.4M	12.8M	11.2M	21.3M	17.5M	18.4M
Retained Earnings	(30.5M)	(34.5M)	(31.7M)	(23.5M)	(12.9M)	(13.6M)
Cash	321K	684K	665K	703K	3.5M	3.5M
Cash And Short Term Investments	321K	684K	665K	703K	3.5M	3.5M
Net Receivables	7.5M	3.4M	6.8M	13.9M	14.1M	14.8M
Common Stock Shares Outstanding	131.9M	132.0M	145.0M	176.9M	227.2M	238.6M
Liabilities And Stockholders Equity	53.2M	47.8M	50.8M	108.3M	118.6M	124.5M
Other Stockholder Equity	4.0M	4.2M	4.7M	8.2M	11.6M	14.6M
Total Liab	16.6M	15.0M	14.6M	29.8M	30.2M	31.8M
Total Current Assets	8.0M	4.2M	7.7M	14.9M	17.9M	11.3M
Property Plant And Equipment Net	44.8M	43.1M	42.6M	88.9M	96.2M	101.0M
Non Current Assets Total	45.2M	43.6M	43.1M	93.4M	100.6M	105.7M
Other Current Assets	123K	106K	213K	315K	287K	187.8K
Accounts Payable	4.5M	974K	1.7M	5.5M	6.6M	3.4M
Non Current Liabilities Total	429K	5.0M	4.4M	10.1M	18.3M	19.2M
Accumulated Other Comprehensive Income	888K	882K	908K	932K	917K	1.3M
Net Tangible Assets	36.1M	32.3M	35.7M	72.4M	83.2M	87.4M
Common Stock	62.2M	62.2M	62.2M	87.2M	83.1M	65.6M
Property Plant Equipment	44.8M	43.1M	42.6M	88.9M	102.2M	107.3M
Short Long Term Debt Total	11.7M	13.4M	11.8M	22.0M	21.1M	13.9M
Net Invested Capital	47.6M	45.5M	47.6M	93.0M	100.0M	65.2M
Net Working Capital	(8.2M)	(5.8M)	(2.5M)	(4.8M)	6.0M	6.3M
Short Long Term Debt	11.0M	8.4M	7.4M	11.6M	13.3M	9.2M
Capital Stock	62.2M	62.2M	62.2M	87.2M	83.1M	76.8M
Short Term Debt	11.3M	8.7M	7.6M	12.0M	2.8M	2.7M

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