Sego Total Cash From Operating Activities vs Operating Income Analysis

SGZ Stock

CAD 0.03 0.01 20.00%

Sego Resources financial indicator trend analysis is much more than just breaking down Sego Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sego Resources is a good investment. Please check the relationship between Sego Resources Total Cash From Operating Activities and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sego 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 Cash From Operating Activities vs Operating Income

Total Cash From Operating Activities vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sego Resources Total Cash From Operating Activities account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sego Resources' Total Cash From Operating Activities and Operating Income is 0.71. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Operating Income in the same time period over historical financial statements of Sego Resources, assuming nothing else is changed. The correlation between historical values of Sego Resources' Total Cash From Operating Activities and Operating Income 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 Cash From Operating Activities of Sego Resources are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Cash From Operating Activities i.e., Sego Resources' Total Cash From Operating Activities and Operating Income go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Cash From Operating Activities

Operating Income

Operating Income is the amount of profit realized from Sego Resources operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Sego Resources is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Sego Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sego 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 Sego 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.

Issuance Of Capital Stock is likely to climb to about 544.3 K in 2024, whereas Selling General Administrative is likely to drop slightly above 132.2 K in 2024.

Sego Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		0.72	0.46	0.99	0.98	-0.93	-0.08	0.6	0.36	-0.55	-0.69	0.46	0.63	0.98	0.97	0.99	0.53	0.99	0.99	0.19	0.91	0.8	-0.81	0.8
Other Current Liab	0.72		0.76	0.67	0.66	-0.62	0.03	0.52	0.14	-0.6	-0.71	0.74	0.49	0.7	0.69	0.7	0.35	0.71	0.7	0.14	0.6	0.49	-0.5	0.49
Total Current Liabilities	0.46	0.76		0.36	0.34	-0.4	0.54	0.65	-0.08	-0.45	-0.4	1.0	0.65	0.37	0.37	0.4	0.12	0.43	0.41	0.22	0.31	0.16	-0.16	0.15
Total Stockholder Equity	0.99	0.67	0.36		0.99	-0.93	-0.15	0.55	0.39	-0.53	-0.67	0.36	0.58	0.98	0.97	0.99	0.55	0.99	0.99	0.17	0.92	0.82	-0.83	0.82
Net Tangible Assets	0.98	0.66	0.34	0.99		-0.91	-0.17	0.51	0.41	-0.52	-0.67	0.34	0.52	1.0	0.99	0.98	0.58	0.98	0.97	0.12	0.91	0.81	-0.83	0.82
Retained Earnings	-0.93	-0.62	-0.4	-0.93	-0.91		0.19	-0.5	-0.45	0.53	0.68	-0.4	-0.53	-0.9	-0.9	-0.95	-0.71	-0.96	-0.97	-0.03	-0.95	-0.9	0.89	-0.9
Accounts Payable	-0.08	0.03	0.54	-0.15	-0.17	0.19		0.52	-0.34	0.24	0.22	0.57	0.54	-0.17	-0.19	-0.19	-0.41	-0.17	-0.19	0.27	-0.34	-0.49	0.48	-0.49
Cash	0.6	0.52	0.65	0.55	0.51	-0.5	0.52		-0.08	-0.19	-0.31	0.66	0.98	0.49	0.45	0.49	-0.09	0.52	0.53	0.72	0.37	0.2	-0.17	0.19
Other Assets	0.36	0.14	-0.08	0.39	0.41	-0.45	-0.34	-0.08		-0.69	-0.73	-0.08	-0.14	0.45	0.43	0.44	0.73	0.44	0.42	-0.45	0.55	0.62	-0.64	0.62
Net Receivables	-0.55	-0.6	-0.45	-0.53	-0.52	0.53	0.24	-0.19	-0.69		0.87	-0.44	-0.14	-0.58	-0.56	-0.59	-0.52	-0.59	-0.58	0.15	-0.61	-0.57	0.59	-0.57
Other Stockholder Equity	-0.69	-0.71	-0.4	-0.67	-0.67	0.68	0.22	-0.31	-0.73	0.87		-0.38	-0.23	-0.73	-0.7	-0.73	-0.65	-0.73	-0.71	0.17	-0.7	-0.69	0.7	-0.69
Total Liab	0.46	0.74	1.0	0.36	0.34	-0.4	0.57	0.66	-0.08	-0.44	-0.38		0.67	0.37	0.36	0.39	0.1	0.43	0.4	0.22	0.3	0.14	-0.14	0.13
Total Current Assets	0.63	0.49	0.65	0.58	0.52	-0.53	0.54	0.98	-0.14	-0.14	-0.23	0.67		0.5	0.47	0.52	-0.1	0.54	0.56	0.71	0.39	0.21	-0.18	0.2
Common Stock	0.98	0.7	0.37	0.98	1.0	-0.9	-0.17	0.49	0.45	-0.58	-0.73	0.37	0.5		1.0	0.98	0.6	0.98	0.97	0.08	0.9	0.81	-0.83	0.82
Property Plant Equipment	0.97	0.69	0.37	0.97	0.99	-0.9	-0.19	0.45	0.43	-0.56	-0.7	0.36	0.47	1.0		0.98	0.63	0.98	0.96	0.04	0.91	0.82	-0.84	0.83
Non Current Assets Total	0.99	0.7	0.4	0.99	0.98	-0.95	-0.19	0.49	0.44	-0.59	-0.73	0.39	0.52	0.98	0.98		0.63	1.0	1.0	0.07	0.94	0.86	-0.87	0.87
Non Currrent Assets Other	0.53	0.35	0.12	0.55	0.58	-0.71	-0.41	-0.09	0.73	-0.52	-0.65	0.1	-0.1	0.6	0.63	0.63		0.64	0.62	-0.57	0.77	0.84	-0.87	0.84
Common Stock Shares Outstanding	0.99	0.71	0.43	0.99	0.98	-0.96	-0.17	0.52	0.44	-0.59	-0.73	0.43	0.54	0.98	0.98	1.0	0.64		0.99	0.08	0.94	0.85	-0.86	0.85
Net Invested Capital	0.99	0.7	0.41	0.99	0.97	-0.97	-0.19	0.53	0.42	-0.58	-0.71	0.4	0.56	0.97	0.96	1.0	0.62	0.99		0.14	0.95	0.87	-0.87	0.87
Net Working Capital	0.19	0.14	0.22	0.17	0.12	-0.03	0.27	0.72	-0.45	0.15	0.17	0.22	0.71	0.08	0.04	0.07	-0.57	0.08	0.14		0.01	-0.12	0.17	-0.12
Capital Stock	0.91	0.6	0.31	0.92	0.91	-0.95	-0.34	0.37	0.55	-0.61	-0.7	0.3	0.39	0.9	0.91	0.94	0.77	0.94	0.95	0.01		0.97	-0.97	0.97
Property Plant And Equipment Net	0.8	0.49	0.16	0.82	0.81	-0.9	-0.49	0.2	0.62	-0.57	-0.69	0.14	0.21	0.81	0.82	0.86	0.84	0.85	0.87	-0.12	0.97		-0.99	1.0
Capital Lease Obligations	-0.81	-0.5	-0.16	-0.83	-0.83	0.89	0.48	-0.17	-0.64	0.59	0.7	-0.14	-0.18	-0.83	-0.84	-0.87	-0.87	-0.86	-0.87	0.17	-0.97	-0.99		-0.99
Property Plant And Equipment Gross	0.8	0.49	0.15	0.82	0.82	-0.9	-0.49	0.19	0.62	-0.57	-0.69	0.13	0.2	0.82	0.83	0.87	0.84	0.85	0.87	-0.12	0.97	1.0	-0.99

Click cells to compare fundamentals

Sego Resources Account Relationship Matchups

Sego Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.7M	6.1M	6.7M	6.4M	6.6M	5.6M
Other Current Liab	331.4K	375.8K	307.5K	324.9K	373.6K	256.7K
Total Current Liabilities	635.8K	488.4K	336.9K	342.6K	386.9K	414.2K
Total Stockholder Equity	5.1M	5.6M	6.3M	6.1M	6.2M	5.2M
Net Tangible Assets	5.1M	5.6M	6.3M	6.1M	7.0M	5.0M
Retained Earnings	(4.0M)	(4.1M)	(4.4M)	(4.3M)	(4.5M)	(4.8M)
Accounts Payable	279.9K	88.1K	11.4K	17.7K	18.7K	17.8K
Cash	300.7K	334.9K	243.2K	8.7K	97.1K	130.8K
Net Receivables	22.0K	10.8K	22.4K	2.6K	3.0K	2.9K
Other Stockholder Equity	567.5K	472.7K	521.4K	185.7K	167.2K	158.8K
Total Liab	678.9K	511.4K	336.9K	342.6K	386.9K	420.8K
Total Current Assets	518.7K	516.3K	414.9K	73.0K	150.3K	221.6K
Common Stock	7.7M	8.5M	9.2M	10.3M	11.8M	8.4M
Property Plant Equipment	5.2M	5.5M	6.2M	6.3M	7.3M	5.2M
Non Current Assets Total	5.2M	5.6M	6.3M	6.4M	6.4M	5.6M
Common Stock Shares Outstanding	106.3M	123.2M	135.6M	147.7M	162.7M	136.1M
Net Invested Capital	5.1M	5.6M	6.3M	6.1M	6.2M	5.7M
Net Working Capital	(117.1K)	27.9K	78.0K	(269.6K)	(236.5K)	(224.7K)

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 Sego Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC