Sandfire Property Plant Equipment vs Short Long Term Debt Total Analysis

SFR Stock  CAD 0.32  0.01  3.23%   
Sandfire Resources financial indicator trend analysis is much more than just breaking down Sandfire Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sandfire Resources is a good investment. Please check the relationship between Sandfire Resources Property Plant Equipment and its Short Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandfire Resources America. 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.

Property Plant Equipment vs Short Long Term Debt Total

Property Plant Equipment vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sandfire Resources Property Plant Equipment account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sandfire Resources' Property Plant Equipment and Short Long Term Debt Total is 0.79. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Sandfire Resources America, assuming nothing else is changed. The correlation between historical values of Sandfire Resources' Property Plant Equipment and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Sandfire Resources America are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Property Plant Equipment i.e., Sandfire Resources' Property Plant Equipment and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Short Long Term Debt Total

Most indicators from Sandfire Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sandfire 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 Sandfire Resources America. 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 drop to about 1.8 M in 2025. Sales General And Administrative To Revenue is likely to drop to 12.52 in 2025

Sandfire Resources fundamental ratios Correlations

0.8-0.130.8-0.510.860.7-0.760.43-0.040.87-0.070.150.780.840.81-0.010.70.80.030.8-0.6-0.520.670.770.8
0.8-0.190.98-0.90.910.96-0.780.37-0.470.91-0.49-0.010.80.840.98-0.450.621.0-0.220.88-0.66-0.890.810.790.75
-0.13-0.19-0.250.25-0.01-0.17-0.210.45-0.17-0.02-0.16-0.010.24-0.18-0.24-0.180.29-0.19-0.06-0.160.270.230.10.080.01
0.80.98-0.25-0.910.90.97-0.740.36-0.450.9-0.480.00.790.831.0-0.430.570.98-0.210.83-0.74-0.840.770.740.73
-0.51-0.90.25-0.91-0.76-0.950.61-0.270.66-0.760.680.12-0.65-0.68-0.910.65-0.42-0.90.36-0.70.60.89-0.72-0.63-0.57
0.860.91-0.010.9-0.760.91-0.90.47-0.541.0-0.56-0.050.950.940.91-0.510.790.9-0.280.89-0.63-0.620.890.910.92
0.70.96-0.170.97-0.950.91-0.770.36-0.640.91-0.67-0.090.820.840.97-0.630.590.96-0.340.83-0.69-0.820.830.770.75
-0.76-0.78-0.21-0.740.61-0.9-0.77-0.530.51-0.90.530.11-0.95-0.81-0.750.49-0.93-0.780.28-0.820.360.54-0.91-0.88-0.86
0.430.370.450.36-0.270.470.36-0.53-0.220.47-0.220.20.550.390.37-0.20.580.370.050.41-0.09-0.270.510.530.48
-0.04-0.47-0.17-0.450.66-0.54-0.640.51-0.22-0.541.00.35-0.57-0.47-0.451.0-0.39-0.470.6-0.440.240.38-0.64-0.52-0.48
0.870.91-0.020.9-0.761.00.91-0.90.47-0.54-0.56-0.050.950.940.92-0.510.790.91-0.280.89-0.63-0.630.890.910.92
-0.07-0.49-0.16-0.480.68-0.56-0.670.53-0.221.0-0.560.34-0.59-0.49-0.481.0-0.4-0.490.6-0.450.260.4-0.65-0.53-0.5
0.15-0.01-0.010.00.12-0.05-0.090.110.20.35-0.050.34-0.070.00.00.36-0.08-0.010.910.03-0.08-0.01-0.16-0.11-0.09
0.780.80.240.79-0.650.950.82-0.950.55-0.570.95-0.59-0.070.830.8-0.550.860.8-0.30.81-0.53-0.520.890.880.88
0.840.84-0.180.83-0.680.940.84-0.810.39-0.470.94-0.490.00.830.85-0.440.710.84-0.220.9-0.57-0.550.830.870.89
0.810.98-0.241.0-0.910.910.97-0.750.37-0.450.92-0.480.00.80.85-0.430.590.98-0.220.84-0.74-0.830.780.760.75
-0.01-0.45-0.18-0.430.65-0.51-0.630.49-0.21.0-0.511.00.36-0.55-0.44-0.43-0.36-0.450.61-0.410.230.36-0.62-0.5-0.46
0.70.620.290.57-0.420.790.59-0.930.58-0.390.79-0.4-0.080.860.710.59-0.360.62-0.230.71-0.14-0.360.870.90.87
0.81.0-0.190.98-0.90.90.96-0.780.37-0.470.91-0.49-0.010.80.840.98-0.450.62-0.220.88-0.66-0.890.810.790.74
0.03-0.22-0.06-0.210.36-0.28-0.340.280.050.6-0.280.60.91-0.3-0.22-0.220.61-0.23-0.22-0.160.080.15-0.32-0.32-0.31
0.80.88-0.160.83-0.70.890.83-0.820.41-0.440.89-0.450.030.810.90.84-0.410.710.88-0.16-0.53-0.660.850.820.83
-0.6-0.660.27-0.740.6-0.63-0.690.36-0.090.24-0.630.26-0.08-0.53-0.57-0.740.23-0.14-0.660.08-0.530.5-0.34-0.28-0.35
-0.52-0.890.23-0.840.89-0.62-0.820.54-0.270.38-0.630.4-0.01-0.52-0.55-0.830.36-0.36-0.890.15-0.660.5-0.62-0.52-0.41
0.670.810.10.77-0.720.890.83-0.910.51-0.640.89-0.65-0.160.890.830.78-0.620.870.81-0.320.85-0.34-0.620.920.88
0.770.790.080.74-0.630.910.77-0.880.53-0.520.91-0.53-0.110.880.870.76-0.50.90.79-0.320.82-0.28-0.520.920.97
0.80.750.010.73-0.570.920.75-0.860.48-0.480.92-0.5-0.090.880.890.75-0.460.870.74-0.310.83-0.35-0.410.880.97
Click cells to compare fundamentals

Sandfire Resources Account Relationship Matchups

Sandfire Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets22.4M20.6M22.6M25.8M29.7M31.2M
Short Long Term Debt Total6.9M153.2K14.1M25.6M29.5M30.9M
Other Current Liab499.6K1.0M175K97.6K112.3K106.6K
Total Current Liabilities995.7K15.9M27.9M44.9M51.6M54.2M
Total Stockholder Equity18.9M2.4M(8.1M)(21.9M)(19.7M)(18.7M)
Property Plant And Equipment Net17.3M18.9M20.7M23.6M27.1M28.5M
Net Debt(4.0M)14.0M25.5M39.4M45.4M47.6M
Retained Earnings(128.8M)(147.8M)(161.8M)(171.1M)(154.0M)(146.3M)
Accounts Payable452.0K806.6K413.9K601.4K691.6K405.3K
Cash4.2M94.5K119.3K570.5K656.0K623.2K
Non Current Assets Total17.9M20.0M21.9M24.8M28.5M29.9M
Cash And Short Term Investments213.4K4.2M94.5K119.3K137.2K130.3K
Common Stock Shares Outstanding872.5M926.6M1.0B1.0B1.2B1.2B
Liabilities And Stockholders Equity9.5M22.4M20.6M22.6M26.0M27.3M
Non Current Liabilities Total2.5M2.4M2.8M2.8M3.3M3.4M
Total Liab3.5M18.2M30.7M47.7M54.9M57.6M
Total Current Assets4.5M615.4K742.5K1.1M1.2M1.2M
Common Stock110.0M140.1M141.9M144.8M166.5M83.8M
Short Term Debt6.8M44.2K14.0M25.5M29.4M30.8M
Other Stockholder Equity8.1M8.0M8.2M8.1M7.3M12.0M
Accumulated Other Comprehensive Income417.6K(382.4K)6.4K667.3K600.6K341.5K
Other Current Assets220.5K520.8K623.2K488.7K562.0K590.1K
Net Tangible Assets640.7K18.9M2.4M(8.1M)(7.3M)(7.0M)
Property Plant Equipment9.1M17.3M18.9M20.7M23.8M12.0M
Net Invested Capital18.9M16.4M17.4M18.1M20.8M14.1M
Net Working Capital3.5M(15.3M)(27.2M)(43.8M)(39.4M)(37.5M)
Capital Stock140.1M141.9M144.8M140.1M161.1M143.2M
Property Plant And Equipment Gross17.9M19.6M21.7M24.9M28.7M20.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Sandfire Stock Analysis

When running Sandfire Resources' price analysis, check to measure Sandfire 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 Sandfire Resources is operating at the current time. Most of Sandfire Resources' value examination focuses on studying past and present price action to predict the probability of Sandfire Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandfire Resources' price. Additionally, you may evaluate how the addition of Sandfire Resources to your portfolios can decrease your overall portfolio volatility.