| SDR Stock | | | CAD 0.05 0.01 16.67% |
Stroud Resources financial indicator trend analysis is much more than just breaking down Stroud Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stroud Resources is a good investment. Please check the relationship between Stroud Resources Total Assets and its Total Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Stroud 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.
Total Assets vs Total Revenue
Total Assets vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Stroud Resources Total Assets account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Stroud Resources' Total Assets and Total Revenue is 0.74. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Stroud Resources, assuming nothing else is changed. The correlation between historical values of Stroud Resources' Total Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Stroud Resources are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Assets i.e., Stroud Resources' Total Assets and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.74 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Stroud Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Stroud Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Total Revenue
Total revenue comprises all receipts Stroud Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Stroud Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stroud 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 Stroud 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.
Selling General Administrative is likely to climb to about 267.2
K in 2024, despite the fact that
Issuance Of Capital Stock is likely to grow to (85.5
K).
Stroud Resources fundamental ratios Correlations
Click cells to compare fundamentals
Stroud Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stroud Resources fundamental ratios Accounts
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Additional Tools for Stroud Stock Analysis
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measure Stroud 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 Stroud Resources is operating at the current time. Most of Stroud Resources' value examination focuses on studying past and present price action to
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