Sprott End Period Cash Flow vs Net Borrowings Analysis

SII Stock  CAD 60.50  0.54  0.88%   
Sprott financial indicator trend analysis is much more than just breaking down Sprott Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprott Inc is a good investment. Please check the relationship between Sprott End Period Cash Flow and its Net Borrowings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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.

End Period Cash Flow vs Net Borrowings

End Period Cash Flow vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprott Inc End Period Cash Flow account and Net Borrowings. At this time, the significance of the direction appears to have weak contrarian relationship.
End Period Cash FlowNet BorrowingsDiversified AwayEnd Period Cash FlowNet BorrowingsDiversified Away100%
The correlation between Sprott's End Period Cash Flow and Net Borrowings is -0.2. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Sprott Inc, assuming nothing else is changed. The correlation between historical values of Sprott's End Period Cash Flow and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Sprott Inc are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of End Period Cash Flow i.e., Sprott's End Period Cash Flow and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

End Period Cash Flow

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Sprott's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprott Inc 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 Sprott Inc. 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.
As of the 24th of December 2024, Selling General Administrative is likely to drop to about 16.6 M. In addition to that, Tax Provision is likely to drop to about 6.7 M
 2021 2022 2023 2024 (projected)
Gross Profit87.1M74.2M64.2M80.9M
Total Revenue164.9M154.3M146.3M108.0M

Sprott fundamental ratios Correlations

-0.39-0.520.860.150.02-0.07-0.540.080.720.61-0.48-0.30.1-0.050.40.06-0.35-0.06-0.210.22-0.370.440.040.430.16
-0.390.13-0.21-0.4-0.36-0.21-0.190.33-0.55-0.30.640.260.150.39-0.390.280.890.1-0.13-0.40.56-0.4-0.19-0.25-0.47
-0.520.13-0.75-0.47-0.470.710.850.42-0.68-0.380.670.55-0.70.53-0.450.24-0.03-0.270.69-0.470.6-0.210.61-0.64-0.4
0.86-0.21-0.750.1-0.05-0.32-0.740.080.620.67-0.44-0.310.31-0.040.130.05-0.110.03-0.670.06-0.310.37-0.210.4-0.01
0.15-0.4-0.470.10.73-0.49-0.23-0.670.64-0.12-0.71-0.510.49-0.80.62-0.84-0.340.30.030.7-0.720.17-0.430.590.86
0.02-0.36-0.47-0.050.73-0.51-0.17-0.960.53-0.09-0.79-0.460.56-0.870.8-0.45-0.170.290.050.9-0.810.18-0.510.650.88
-0.07-0.210.71-0.32-0.49-0.510.620.44-0.27-0.280.380.29-0.970.65-0.310.39-0.34-0.470.52-0.450.35-0.210.97-0.72-0.4
-0.54-0.190.85-0.74-0.23-0.170.620.1-0.57-0.230.440.54-0.580.31-0.30.09-0.19-0.20.64-0.260.44-0.10.45-0.4-0.14
0.080.330.420.08-0.67-0.960.440.1-0.460.180.760.44-0.480.81-0.640.420.11-0.220.04-0.790.78-0.080.45-0.54-0.8
0.72-0.55-0.680.620.640.53-0.27-0.57-0.460.23-0.87-0.620.34-0.570.66-0.32-0.530.22-0.140.58-0.850.35-0.140.550.69
0.61-0.3-0.380.67-0.12-0.09-0.28-0.230.180.23-0.160.240.330.01-0.010.23-0.160.07-0.4-0.010.040.64-0.330.5-0.09
-0.480.640.67-0.44-0.71-0.790.380.440.76-0.87-0.160.65-0.420.79-0.720.40.5-0.190.21-0.760.97-0.30.29-0.58-0.78
-0.30.260.55-0.31-0.51-0.460.290.540.44-0.620.240.65-0.190.6-0.540.350.28-0.110.2-0.560.710.340.17-0.31-0.54
0.10.15-0.70.310.490.56-0.97-0.58-0.480.340.33-0.42-0.19-0.660.34-0.330.270.55-0.460.48-0.390.36-0.950.750.46
-0.050.390.53-0.04-0.8-0.870.650.310.81-0.570.010.790.6-0.66-0.710.560.32-0.40.07-0.840.81-0.130.61-0.68-0.87
0.4-0.39-0.450.130.620.8-0.31-0.3-0.640.66-0.01-0.72-0.540.34-0.71-0.3-0.30.120.260.91-0.740.18-0.240.630.81
0.060.280.240.05-0.84-0.450.390.090.42-0.320.230.40.35-0.330.56-0.30.19-0.01-0.01-0.40.43-0.180.34-0.31-0.54
-0.350.89-0.03-0.11-0.34-0.17-0.34-0.190.11-0.53-0.160.50.280.270.32-0.30.19-0.05-0.29-0.260.48-0.25-0.35-0.07-0.42
-0.060.1-0.270.030.30.29-0.47-0.2-0.220.220.07-0.19-0.110.55-0.40.12-0.01-0.05-0.10.13-0.220.01-0.450.270.35
-0.21-0.130.69-0.670.030.050.520.640.04-0.14-0.40.210.2-0.460.070.26-0.01-0.29-0.10.120.12-0.070.48-0.160.25
0.22-0.4-0.470.060.70.9-0.45-0.26-0.790.58-0.01-0.76-0.560.48-0.840.91-0.4-0.260.130.12-0.780.18-0.430.710.86
-0.370.560.6-0.31-0.72-0.810.350.440.78-0.850.040.970.71-0.390.81-0.740.430.48-0.220.12-0.78-0.20.24-0.49-0.8
0.44-0.4-0.210.370.170.18-0.21-0.1-0.080.350.64-0.30.340.36-0.130.18-0.18-0.250.01-0.070.18-0.2-0.220.390.17
0.04-0.190.61-0.21-0.43-0.510.970.450.45-0.14-0.330.290.17-0.950.61-0.240.34-0.35-0.450.48-0.430.24-0.22-0.74-0.38
0.43-0.25-0.640.40.590.65-0.72-0.4-0.540.550.5-0.58-0.310.75-0.680.63-0.31-0.070.27-0.160.71-0.490.39-0.740.69
0.16-0.47-0.4-0.010.860.88-0.4-0.14-0.80.69-0.09-0.78-0.540.46-0.870.81-0.54-0.420.350.250.86-0.80.17-0.380.69
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Sprott Account Relationship Matchups

Sprott fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets324.9M377.3M365.9M383.7M378.8M358.7M
Other Current Liab7.7M15.2M15.8M12.3M7.8M7.4M
Total Current Liabilities35.2M47.2M28.1M25.8M21.4M40.4M
Total Stockholder Equity271.6M291.0M291.2M277.3M305.7M282.9M
Property Plant And Equipment Net16.2M16.6M16.5M12.5M10.9M8.7M
Net Debt(39.4M)(27.1M)(20.0M)2.8M3.6M3.8M
Retained Earnings(102.7M)(104.5M)(97.0M)(105.3M)(89.4M)(84.9M)
Accounts Payable23.6M29.7M9.4M10.7M12.6M22.3M
Cash54.7M44.1M49.8M51.7M20.7M19.6M
Non Current Assets Total229.5M292.0M288.3M306.8M333.8M199.4M
Non Currrent Assets Other1.4M16.1M12.4M21.3M24.3M17.0M
Cash And Short Term Investments72.2M53.6M55.9M55.0M22.9M21.7M
Net Receivables10.1M22.5M14.8M13.2M8.7M8.2M
Common Stock Shares Outstanding24.4M25.8M25.9M26.2M26.1M23.6M
Short Term Investments17.5M9.5M6.1M3.3M2.2M2.1M
Liabilities And Stockholders Equity324.9M377.3M365.9M383.7M378.8M358.7M
Non Current Liabilities Total18.1M39.1M46.5M80.7M51.7M54.3M
Inventory(21.6M)(12.1M)(7.8M)(4.5M)(3.0M)(3.1M)
Other Current Assets13.0M9.2M6.8M8.7M13.5M19.9M
Other Stockholder Equity33.4M169.6M154.7M197.5M35.3M33.5M
Total Liab53.3M86.4M74.7M106.5M73.1M55.2M
Property Plant And Equipment Gross16.2M16.6M32.5M30.9M31.0M32.6M
Total Current Assets95.3M85.3M77.5M77.0M45.1M42.8M
Accumulated Other Comprehensive Income24.5M(65.6M)(64.6M)(79.6M)(74.9M)(71.2M)
Other Assets24.5M17.8M13.9M23.0M26.4M14.2M
Good Will19.1M19.2M19.1M19.1M17.2M25.7M
Common Stock Total Equity312.2M303.2M316.3M417.8M480.4M355.9M
Intangible Assets114.0M156.0M170.1M178.6M182.9M96.7M
Common Stock316.3M417.8M417.4M428.5M434.8M384.3M
Other Liab6.7M14.3M8.5M8.2M9.5M8.2M
Net Tangible Assets138.4M115.9M102.0M79.5M71.6M68.0M
Long Term Investments74.5M82.5M68.8M73.6M93.5M64.9M
Property Plant Equipment16.2M16.6M16.5M12.5M14.4M11.4M
Short Long Term Debt Total15.3M17.0M29.8M54.4M24.2M20.7M
Short Term Debt3.8M21.7M37.6M73.8M32.0M24.1M
Capital Surpluse43.2M43.3M35.4M33.7M38.8M38.6M
Long Term Debt Total11.5M17.0M29.8M54.4M62.6M65.7M

Pair Trading with Sprott

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sprott position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sprott will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Sprott could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprott when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sprott - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sprott Inc to buy it.
The correlation of Sprott is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sprott moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sprott can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sprott Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sprott's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sprott Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sprott Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Please note, there is a significant difference between Sprott's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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