Signature Total Assets vs Property Plant And Equipment Net Analysis

SGU Stock  CAD 0.04  0.01  12.50%   
Signature Resources financial indicator trend analysis is much more than just breaking down Signature Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Signature Resources is a good investment. Please check the relationship between Signature Resources Total Assets and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Signature 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 Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Signature Resources Total Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have totally related.
The correlation between Signature Resources' Total Assets and Property Plant And Equipment Net is 1.0. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Signature Resources, assuming nothing else is changed. The correlation between historical values of Signature Resources' Total Assets and Property Plant And Equipment Net 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 Signature Resources are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., Signature Resources' Total Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Signature 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 Signature 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Signature Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Signature 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 Signature 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.
At this time, Signature Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 3.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 888.2 K in 2024.

Signature Resources fundamental ratios Correlations

0.470.991.0-0.270.260.291.00.910.890.010.430.90.210.41-0.050.790.080.460.520.050.050.350.140.940.62
0.470.330.49-0.15-0.230.280.490.140.220.260.910.180.560.710.190.380.230.310.70.220.320.40.410.2-0.18
0.990.330.98-0.280.380.290.980.930.89-0.110.280.90.130.28-0.150.8-0.030.50.43-0.06-0.080.360.010.980.67
1.00.490.98-0.270.270.311.00.890.88-0.010.450.880.210.41-0.060.80.070.480.530.030.030.370.130.930.6
-0.27-0.15-0.28-0.27-0.19-0.95-0.27-0.2-0.130.17-0.02-0.18-0.08-0.250.01-0.520.26-0.71-0.270.250.11-0.710.09-0.21-0.01
0.26-0.230.380.27-0.190.160.270.210.09-0.88-0.530.1-0.13-0.58-0.790.36-0.890.62-0.23-0.9-0.930.45-0.840.520.28
0.290.280.290.31-0.950.160.310.170.08-0.140.110.160.140.340.060.61-0.230.770.42-0.22-0.060.82-0.020.2-0.15
1.00.490.981.0-0.270.270.310.890.88-0.010.450.880.210.41-0.060.80.070.480.530.030.030.370.130.930.6
0.910.140.930.89-0.20.210.170.890.950.110.20.990.170.310.020.640.170.260.30.140.090.110.160.890.78
0.890.220.890.88-0.130.090.080.880.950.190.310.950.080.350.010.630.280.160.370.240.190.020.220.860.77
0.010.26-0.11-0.010.17-0.88-0.14-0.010.110.190.550.220.310.630.82-0.20.94-0.60.290.940.93-0.480.79-0.21-0.01
0.430.910.280.45-0.02-0.530.110.450.20.310.550.260.50.850.440.230.550.00.630.540.610.10.650.13-0.06
0.90.180.90.88-0.180.10.160.880.990.950.220.260.180.350.120.610.290.190.350.260.220.060.280.850.75
0.210.560.130.21-0.08-0.130.140.210.170.080.310.50.180.560.170.050.130.070.230.130.160.110.20.04-0.07
0.410.710.280.41-0.25-0.580.340.410.310.350.630.850.350.560.520.380.570.080.660.560.660.20.650.12-0.1
-0.050.19-0.15-0.060.01-0.790.06-0.060.020.010.820.440.120.170.52-0.170.84-0.450.10.860.88-0.320.8-0.27-0.04
0.790.380.80.8-0.520.360.610.80.640.63-0.20.230.610.050.38-0.17-0.180.770.65-0.21-0.120.73-0.080.770.23
0.080.23-0.030.070.26-0.89-0.230.070.170.280.940.550.290.130.570.84-0.18-0.640.261.00.97-0.550.89-0.150.09
0.460.310.50.48-0.710.620.770.480.260.16-0.60.00.190.070.08-0.450.77-0.640.42-0.65-0.520.97-0.380.47-0.07
0.520.70.430.53-0.27-0.230.420.530.30.370.290.630.350.230.660.10.650.260.420.230.360.520.360.31-0.26
0.050.22-0.060.030.25-0.9-0.220.030.140.240.940.540.260.130.560.86-0.211.0-0.650.230.98-0.550.89-0.180.07
0.050.32-0.080.030.11-0.93-0.060.030.090.190.930.610.220.160.660.88-0.120.97-0.520.360.98-0.380.93-0.22-0.06
0.350.40.360.37-0.710.450.820.370.110.02-0.480.10.060.110.2-0.320.73-0.550.970.52-0.55-0.38-0.270.31-0.29
0.140.410.010.130.09-0.84-0.020.130.160.220.790.650.280.20.650.8-0.080.89-0.380.360.890.93-0.27-0.17-0.04
0.940.20.980.93-0.210.520.20.930.890.86-0.210.130.850.040.12-0.270.77-0.150.470.31-0.18-0.220.31-0.170.72
0.62-0.180.670.6-0.010.28-0.150.60.780.77-0.01-0.060.75-0.07-0.1-0.040.230.09-0.07-0.260.07-0.06-0.29-0.040.72
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Signature Resources Account Relationship Matchups

Signature Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.2M15.9M1.3M955.4K1.1M1.0M
Total Current Liabilities1.6M1.4M1.5M1.1M1.2M1.1M
Total Stockholder Equity5.4M13.6M(942.2K)(955.7K)(1.1M)(1.0M)
Property Plant And Equipment Net6.7M14.1M1.1M766.2K881.2K837.1K
Net Debt(462.2K)(75.3K)(3.2K)(121.2K)(109.1K)(114.5K)
Retained Earnings(4.6M)(6.0M)(23.2M)(24.3M)(21.9M)(20.8M)
Cash462.2K75.3K3.2K121.2K139.4K177.9K
Non Current Assets Total6.7M14.1M1.1M766.2K881.2K837.1K
Cash And Short Term Investments462.2K1.4M60.7K126.9K146.0K138.7K
Net Receivables63.1K254.5K52.1K14.9K17.1K16.3K
Liabilities And Stockholders Equity7.2M15.9M1.3M955.4K1.1M1.0M
Other Stockholder Equity2.2M4.0M4.4M4.5M5.1M5.4M
Total Liab1.9M2.2M2.3M1.9M2.2M1.5M
Total Current Assets548.0K1.7M185.0K189.2K217.6K416.4K
Other Current Liab1.0M1.0M971.9K934.8K1.1M1.0M
Common Stock Shares Outstanding23.0M41.6M10.5M80.9M93.0M97.7M
Net Tangible Assets4.4M5.4M803.6K(942.2K)(1.1M)(1.0M)
Accounts Payable546.8K374.1K491.6K130.1K149.6K288.2K
Common Stock7.7M15.6M17.9M18.9M21.7M22.8M
Property Plant Equipment6.2M6.7M1.3M1.1M1.3M1.2M
Other Current Assets40.1K22.7K67.3K72.2K83.0K87.2K
Net Invested Capital5.4M13.6M(942.2K)(955.7K)(860.1K)(817.1K)
Net Working Capital(1.0M)350.5K(1.3M)(875.7K)(1.0M)(1.1M)
Capital Stock7.7M15.6M17.9M18.9M21.7M13.3M

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