Sienna Capex To Depreciation vs Ev To Sales 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 Capex To Depreciation and its Ev To Sales 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.
Capex To Depreciation vs Ev To Sales
Capex To Depreciation vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sienna Resources Capex To Depreciation account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sienna Resources' Capex To Depreciation and Ev To Sales is -0.32. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ev To Sales 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' Capex To Depreciation and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Sienna Resources are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Capex To Depreciation i.e., Sienna Resources' Capex To Depreciation and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.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
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Sienna Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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When running Sienna Resources' price analysis, check to measure Sienna 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 Sienna Resources is operating at the current time. Most of Sienna Resources' value examination focuses on studying past and present price action to predict the probability of Sienna Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sienna Resources' price. Additionally, you may evaluate how the addition of Sienna Resources to your portfolios can decrease your overall portfolio volatility.