Sienna Average Payables vs Price To Sales Ratio Analysis

SIE Stock

CAD 0.03 0.01 25.00%

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

Average Payables vs Price To Sales Ratio

Average Payables vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sienna Resources Average Payables account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Sienna Resources' Average Payables and Price To Sales Ratio is -0.32. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Sienna Resources, assuming nothing else is changed. The correlation between historical values of Sienna Resources' Average Payables and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Sienna Resources are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Average Payables i.e., Sienna Resources' Average Payables and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.32

Relationship Direction	Negative
Relationship Strength	Insignificant

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Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Sienna Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Sienna Resources sales, a figure that is much harder to manipulate than other Sienna Resources multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Sienna Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sienna 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 Sienna 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, Sienna Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.7 M in 2024.

Sienna Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Assets Total	Other Current Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Net Tangible Assets	Other Assets	Inventory	Short Long Term Debt	Common Stock
Total Assets		0.1	-0.25	0.89	-0.59	-0.44	-0.29	0.65	0.65	0.27	0.49	0.2	-0.25	0.69	0.76	-0.24	0.94	0.01	0.23	0.29	0.2	0.43	0.45	-0.14	0.19	0.11
Other Current Liab	0.1		-0.34	0.24	-0.03	0.46	-0.42	0.05	0.05	0.12	-0.2	0.05	-0.34	0.05	0.15	-0.08	0.14	-0.11	0.49	0.03	0.47	0.3	-0.06	-0.49	0.51	-0.29
Total Current Liabilities	-0.25	-0.34		-0.66	0.63	0.23	0.99	-0.63	-0.63	0.36	-0.66	0.57	1.0	-0.56	0.13	0.38	-0.21	0.24	-0.09	0.07	-0.01	-0.69	-0.77	-0.02	-0.08	-0.36
Total Stockholder Equity	0.89	0.24	-0.66		-0.75	-0.44	-0.69	0.8	0.8	0.04	0.69	-0.11	-0.66	0.8	0.53	-0.36	0.83	-0.1	0.22	0.19	0.17	0.66	0.7	-0.1	0.19	0.25
Net Debt	-0.59	-0.03	0.63	-0.75		0.61	0.59	-0.99	-0.99	0.33	-0.79	0.36	0.63	-0.98	0.0	0.09	-0.34	-0.01	0.28	0.33	0.34	-0.39	-0.77	-0.39	0.29	-0.61
Retained Earnings	-0.44	0.46	0.23	-0.44	0.61		0.16	-0.6	-0.6	0.26	-0.8	0.22	0.22	-0.6	-0.09	0.02	-0.29	-0.06	0.62	0.4	0.65	-0.05	-0.65	-0.74	0.64	-0.81
Accounts Payable	-0.29	-0.42	0.99	-0.69	0.59	0.16		-0.6	-0.6	0.28	-0.61	0.51	0.99	-0.54	0.05	0.4	-0.28	0.27	-0.2	-0.01	-0.12	-0.73	-0.72	0.09	-0.2	-0.27
Cash	0.65	0.05	-0.63	0.8	-0.99	-0.6	-0.6		1.0	-0.27	0.78	-0.3	-0.63	0.99	0.06	-0.12	0.41	-0.02	-0.21	-0.26	-0.27	0.41	0.75	0.32	-0.23	0.56
Cash And Short Term Investments	0.65	0.05	-0.63	0.8	-0.99	-0.6	-0.6	1.0		-0.27	0.78	-0.3	-0.63	0.99	0.06	-0.12	0.41	-0.02	-0.21	-0.26	-0.27	0.41	0.75	0.32	-0.23	0.56
Net Receivables	0.27	0.12	0.36	0.04	0.33	0.26	0.28	-0.27	-0.27		-0.41	0.42	0.36	-0.18	0.54	-0.25	0.38	-0.2	0.54	0.57	0.54	0.1	-0.35	-0.57	0.54	-0.53
Common Stock Shares Outstanding	0.49	-0.2	-0.66	0.69	-0.79	-0.8	-0.61	0.78	0.78	-0.41		-0.39	-0.66	0.76	-0.03	-0.05	0.36	-0.12	-0.37	-0.31	-0.41	0.27	0.82	0.52	-0.41	0.74
Other Stockholder Equity	0.2	0.05	0.57	-0.11	0.36	0.22	0.51	-0.3	-0.3	0.42	-0.39		0.57	-0.22	0.41	0.4	0.28	-0.16	0.35	0.38	0.41	-0.32	-0.65	-0.38	0.33	-0.57
Total Liab	-0.25	-0.34	1.0	-0.66	0.63	0.22	0.99	-0.63	-0.63	0.36	-0.66	0.57		-0.56	0.12	0.38	-0.22	0.24	-0.09	0.07	-0.01	-0.69	-0.76	-0.02	-0.09	-0.35
Total Current Assets	0.69	0.05	-0.56	0.8	-0.98	-0.6	-0.54	0.99	0.99	-0.18	0.76	-0.22	-0.56		0.11	-0.06	0.45	-0.03	-0.18	-0.23	-0.24	0.38	0.71	0.29	-0.2	0.54
Non Current Assets Total	0.76	0.15	0.13	0.53	0.0	-0.09	0.05	0.06	0.06	0.54	-0.03	0.41	0.12	0.11		-0.29	0.87	0.08	0.47	0.56	0.47	0.37	0.02	-0.44	0.46	-0.25
Other Current Assets	-0.24	-0.08	0.38	-0.36	0.09	0.02	0.4	-0.12	-0.12	-0.25	-0.05	0.4	0.38	-0.06	-0.29		-0.33	0.13	-0.21	-0.29	-0.16	-0.54	-0.32	0.23	-0.22	0.19
Property Plant And Equipment Net	0.94	0.14	-0.21	0.83	-0.34	-0.29	-0.28	0.41	0.41	0.38	0.36	0.28	-0.22	0.45	0.87	-0.33		-0.06	0.43	0.5	0.41	0.47	0.32	-0.34	0.38	-0.07
Non Currrent Assets Other	0.01	-0.11	0.24	-0.1	-0.01	-0.06	0.27	-0.02	-0.02	-0.2	-0.12	-0.16	0.24	-0.03	0.08	0.13	-0.06		-0.26	-0.33	-0.27	0.06	0.12	0.29	-0.24	0.27
Short Long Term Debt Total	0.23	0.49	-0.09	0.22	0.28	0.62	-0.2	-0.21	-0.21	0.54	-0.37	0.35	-0.09	-0.18	0.47	-0.21	0.43	-0.26		0.85	0.98	0.46	-0.28	-0.96	1.0	-0.69
Current Deferred Revenue	0.29	0.03	0.07	0.19	0.33	0.4	-0.01	-0.26	-0.26	0.57	-0.31	0.38	0.07	-0.23	0.56	-0.29	0.5	-0.33	0.85		0.85	0.37	-0.24	-0.85	0.83	-0.64
Short Term Debt	0.2	0.47	-0.01	0.17	0.34	0.65	-0.12	-0.27	-0.27	0.54	-0.41	0.41	-0.01	-0.24	0.47	-0.16	0.41	-0.27	0.98	0.85		0.34	-0.35	-0.97	0.97	-0.73
Net Tangible Assets	0.43	0.3	-0.69	0.66	-0.39	-0.05	-0.73	0.41	0.41	0.1	0.27	-0.32	-0.69	0.38	0.37	-0.54	0.47	0.06	0.46	0.37	0.34		0.59	-0.34	0.48	0.07
Other Assets	0.45	-0.06	-0.77	0.7	-0.77	-0.65	-0.72	0.75	0.75	-0.35	0.82	-0.65	-0.76	0.71	0.02	-0.32	0.32	0.12	-0.28	-0.24	-0.35	0.59		0.39	-0.29	0.72
Inventory	-0.14	-0.49	-0.02	-0.1	-0.39	-0.74	0.09	0.32	0.32	-0.57	0.52	-0.38	-0.02	0.29	-0.44	0.23	-0.34	0.29	-0.96	-0.85	-0.97	-0.34	0.39		-0.96	0.81
Short Long Term Debt	0.19	0.51	-0.08	0.19	0.29	0.64	-0.2	-0.23	-0.23	0.54	-0.41	0.33	-0.09	-0.2	0.46	-0.22	0.38	-0.24	1.0	0.83	0.97	0.48	-0.29	-0.96		-0.68
Common Stock	0.11	-0.29	-0.36	0.25	-0.61	-0.81	-0.27	0.56	0.56	-0.53	0.74	-0.57	-0.35	0.54	-0.25	0.19	-0.07	0.27	-0.69	-0.64	-0.73	0.07	0.72	0.81	-0.68

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Sienna Resources Account Relationship Matchups

Sienna Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2M	1.7M	2.1M	1.2M	3.5M	3.7M
Other Current Liab	33.2K	47.7K	40.2K	46.5K	36.5K	33.9K
Total Current Liabilities	916.4K	377.5K	71.6K	245.1K	142.4K	135.3K
Total Stockholder Equity	1.3M	1.3M	2.0M	952.9K	3.3M	3.5M
Net Debt	(468.4K)	(1.2M)	(723.0K)	(28.1K)	(1.3M)	(1.3M)
Retained Earnings	(22.5M)	(25.1M)	(26.1M)	(27.2M)	(28.5M)	(27.1M)
Accounts Payable	883.2K	329.8K	31.4K	158.6K	105.9K	100.6K
Cash	468.4K	1.2M	759.2K	68.1K	1.3M	1.4M
Cash And Short Term Investments	468.4K	1.2M	759.2K	68.1K	1.3M	1.4M
Net Receivables	23.0K	36.8K	15.6K	11.3K	5.2K	4.9K
Common Stock Shares Outstanding	57.6M	81.5M	119.4M	125.0M	177.7M	186.6M
Liabilities And Stockholders Equity	2.2M	1.7M	2.1M	1.2M	3.5M	3.7M
Other Stockholder Equity	3.5M	3.8M	4.3M	4.3M	5.0M	9.7M
Total Liab	916.4K	410.3K	107.8K	245.1K	142.4K	135.3K
Total Current Assets	497.2K	1.3M	777.5K	82.2K	1.4M	1.5M
Non Current Assets Total	1.7M	422.5K	1.3M	1.1M	2.1M	1.1M
Other Current Assets	5.8K	11.5K	2.7K	2.8K	40.8K	25.2K
Property Plant And Equipment Net	1.3M	422.5K	1.3M	1.1M	2.1M	2.2M
Non Currrent Assets Other	1.2M	1.6M	1.7M	18.3K	32.4K	30.7K
Accumulated Other Comprehensive Income	3.5M	3.8M	4.3M	4.3M	4.9M	2.9M
Net Tangible Assets	1.3M	1.3M	2.0M	952.9K	1.1M	603.4K
Common Stock	20.3M	22.6M	23.7M	23.9M	27.0M	18.8M
Property Plant Equipment	1.3M	422.5K	1.3M	1.1M	1.3M	1.0M
Net Invested Capital	1.3M	1.3M	2.0M	992.9K	3.3M	3.5M
Net Working Capital	(419.2K)	907.9K	705.9K	(162.9K)	1.2M	1.3M
Capital Stock	20.3M	22.6M	23.7M	23.9M	27.0M	25.2M

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