Selan Inventory vs Intangible Assets Analysis

SELAN Stock   865.50  15.95  1.88%   
Selan Exploration financial indicator trend analysis is much more than just breaking down Selan Exploration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Selan Exploration is a good investment. Please check the relationship between Selan Exploration Inventory and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selan Exploration Technology. 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 Intangible Assets

Inventory vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Selan Exploration Inventory account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Selan Exploration's Inventory and Intangible Assets is 0.64. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Selan Exploration Technology, assuming nothing else is changed. The correlation between historical values of Selan Exploration's Inventory and Intangible 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 Selan Exploration Technology are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Inventory i.e., Selan Exploration's Inventory and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Selan Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Selan Exploration 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 Selan Exploration Technology. 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 27th of November 2024, Selling General Administrative is likely to grow to about 191.7 M. Also, Tax Provision is likely to grow to about 142.9 M
 2021 2022 2023 2024 (projected)
Gross Profit287.0M589.3M845.1M475.4M
Total Revenue773.1M1.2B1.7B892.0M

Selan Exploration fundamental ratios Correlations

-0.630.230.290.980.380.12-0.170.860.620.60.47-0.210.610.540.41-0.180.610.79-0.07-0.610.18-0.760.740.43-0.19
-0.63-0.160.2-0.64-0.40.17-0.11-0.54-0.28-0.53-0.060.01-0.56-0.04-0.060.27-0.32-0.51-0.180.890.140.96-0.25-0.12-0.14
0.23-0.160.490.17-0.260.14-0.150.360.36-0.230.44-0.160.190.320.51-0.190.39-0.01-0.3-0.320.52-0.260.330.01-0.03
0.290.20.490.17-0.58-0.10.120.380.54-0.130.44-0.30.30.410.510.110.660.06-0.3-0.040.90.020.270.25-0.07
0.98-0.640.170.170.470.21-0.260.780.580.680.43-0.240.480.570.39-0.270.460.87-0.1-0.560.06-0.760.780.45-0.31
0.38-0.4-0.26-0.580.470.41-0.450.16-0.280.58-0.11-0.060.110.2-0.06-0.15-0.180.520.08-0.17-0.63-0.370.34-0.09-0.16
0.120.170.14-0.10.210.41-1.0-0.030.040.120.19-0.65-0.280.650.48-0.45-0.320.26-0.740.2-0.060.050.680.38-0.6
-0.17-0.11-0.150.12-0.26-0.45-1.0-0.01-0.06-0.16-0.20.660.25-0.66-0.490.470.3-0.30.74-0.140.070.02-0.71-0.390.6
0.86-0.540.360.380.780.16-0.03-0.010.550.150.53-0.070.840.380.430.030.840.38-0.05-0.660.35-0.650.570.340.13
0.62-0.280.360.540.58-0.280.04-0.060.550.310.35-0.170.310.350.26-0.250.530.47-0.13-0.280.53-0.390.510.53-0.07
0.6-0.53-0.23-0.130.680.580.12-0.160.150.31-0.1-0.20.040.3-0.01-0.31-0.040.920.13-0.25-0.28-0.560.390.21-0.33
0.47-0.060.440.440.43-0.110.19-0.20.530.35-0.1-0.040.260.410.540.00.420.22-0.21-0.320.31-0.190.470.07-0.23
-0.210.01-0.16-0.3-0.24-0.06-0.650.66-0.07-0.17-0.2-0.040.04-0.72-0.730.480.04-0.30.90.09-0.380.2-0.63-0.650.6
0.61-0.560.190.30.480.11-0.280.250.840.310.040.260.040.10.230.230.890.10.16-0.70.31-0.590.170.110.54
0.54-0.040.320.410.570.20.65-0.660.380.350.30.41-0.720.10.68-0.350.20.54-0.69-0.060.39-0.310.850.64-0.6
0.41-0.060.510.510.39-0.060.48-0.490.430.26-0.010.54-0.730.230.68-0.180.310.24-0.74-0.330.43-0.250.640.48-0.44
-0.180.27-0.190.11-0.27-0.15-0.450.470.03-0.25-0.310.00.480.23-0.35-0.180.26-0.370.450.13-0.010.31-0.45-0.470.55
0.61-0.320.390.660.46-0.18-0.320.30.840.53-0.040.420.040.890.20.310.260.110.1-0.510.62-0.420.230.130.42
0.79-0.51-0.010.060.870.520.26-0.30.380.470.920.22-0.30.10.540.24-0.370.11-0.07-0.31-0.1-0.620.670.38-0.51
-0.07-0.18-0.3-0.3-0.10.08-0.740.74-0.05-0.130.13-0.210.90.16-0.69-0.740.450.1-0.07-0.02-0.430.01-0.65-0.590.64
-0.610.89-0.32-0.04-0.56-0.170.2-0.14-0.66-0.28-0.25-0.320.09-0.7-0.06-0.330.13-0.51-0.31-0.02-0.080.88-0.25-0.09-0.2
0.180.140.520.90.06-0.63-0.060.070.350.53-0.280.31-0.380.310.390.43-0.010.62-0.1-0.43-0.08-0.040.290.32-0.03
-0.760.96-0.260.02-0.76-0.370.050.02-0.65-0.39-0.56-0.190.2-0.59-0.31-0.250.31-0.42-0.620.010.88-0.04-0.46-0.30.01
0.74-0.250.330.270.780.340.68-0.710.570.510.390.47-0.630.170.850.64-0.450.230.67-0.65-0.250.29-0.460.64-0.64
0.43-0.120.010.250.45-0.090.38-0.390.340.530.210.07-0.650.110.640.48-0.470.130.38-0.59-0.090.32-0.30.64-0.45
-0.19-0.14-0.03-0.07-0.31-0.16-0.60.60.13-0.07-0.33-0.230.60.54-0.6-0.440.550.42-0.510.64-0.2-0.030.01-0.64-0.45
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Selan Exploration Account Relationship Matchups

Selan Exploration fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B3.8B3.8B4.3B4.8B3.5B
Short Long Term Debt Total14.5M7.0M4.3M38.4M35.0M33.3M
Other Current Liab52.7M36.5M45.5M56.0M107.2M63.7M
Total Current Liabilities112.1M63.7M71.9M187M299.7M314.7M
Total Stockholder Equity3.3B3.3B3.3B3.6B3.9B2.7B
Property Plant And Equipment Net1.9B1.7B1.6B1.8B213.4M202.7M
Net Debt(79.6M)(347.5M)(30.9M)32.1M10.6M11.1M
Cash94.1M354.5M35.3M6.3M24.4M23.2M
Non Current Assets Total1.9B1.7B1.6B1.9B3.1B1.8B
Non Currrent Assets Other1.6B1.4B1.9B1.9B2.4B1.5B
Cash And Short Term Investments1.7B1.7B1.9B1.9B747.5M1.2B
Net Receivables207.2M125.1M187.4M188.5M346.1M217.0M
Liabilities And Stockholders Equity3.9B3.8B3.8B4.3B4.8B3.5B
Non Current Liabilities Total540.9M428.7M399.2M482.3M608.2M587.2M
Inventory73.9M66.9M79.8M235.4M190.3M199.9M
Other Current Assets247.9M121.4M70.9M79.9M453.8M476.4M
Other Stockholder Equity731.5M647.2M(2.4B)46K1.00.95
Total Liab653.0M492.4M471.1M669.3M907.9M749.2M
Total Current Assets2.0B2.0B2.2B2.4B1.7B1.6B
Accumulated Other Comprehensive Income(239.4M)(84.3M)647.2M3.1B660.5M693.5M
Current Deferred Revenue1.8M15.1M12.2M32.8M1.2M1.1M
Accounts Payable52.2M24.4M24.0M117.7M188.8M198.2M
Short Term Debt5.3M2.7M2.4M3.4M3.7M3.5M
Retained Earnings2.5B2.5B2.5B2.8B3.1B2.5B
Intangible Assets923K1.6B1.5B1.7B1.9B2.0B
Other Liab531.7M424.4M397.3M447.3M402.6M448.4M
Net Tangible Assets3.3B3.3B3.3B3.6B4.1B3.4B
Other Assets5.9M5.2M6.3M1.8M1.6M1.5M
Property Plant Equipment1.9B1.7B1.6B126.0M113.4M107.7M
Short Term Investments1.6B1.4B1.8B1.9B194.9M185.1M
Long Term Debt Total9.2M4.3M1.9M3.4M3.9M3.8M
Cash And Equivalents413.4M404.8M489.6M191.3M172.2M163.6M
Net Invested Capital3.3B3.3B3.3B3.6B3.9B3.7B
Net Working Capital1.9B2.0B2.1B2.2B1.4B2.0B

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Other Information on Investing in Selan Stock

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