Sprott Accounts Payable vs Total Assets Analysis

SII Stock

USD 44.42 0.41 0.93%

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 Accounts Payable and its Total Assets 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 gross domestic product.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprott Inc Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Sprott's Accounts Payable and Total Assets is -0.49. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets 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 Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Sprott Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Sprott's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Sprott obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sprott Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Sprott 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 Sprott Inc 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.

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 gross domestic product.

The current Selling General Administrative is estimated to decrease to about 16.6 M. The current Tax Provision is estimated to decrease to about 6.7 M

	2021	2022	2023	2024 (projected)
Gross Profit	87.1M	74.2M	64.2M	80.9M
Total Revenue	164.9M	154.3M	146.3M	108.0M

Gross Profit Total Revenue

Sprott fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Good Will	Common Stock Total Equity	Intangible Assets	Common Stock	Short Long Term Debt Total
Total Assets		-0.03	-0.52	0.86	0.15	0.03	-0.07	-0.49	0.08	0.72	0.66	-0.48	0.07	0.08	-0.05	0.4	0.19	0.42	-0.21	0.19	-0.37	0.04	0.35	0.16	0.43	0.28
Other Current Liab	-0.03		0.19	-0.09	-0.32	-0.36	0.07	-0.16	0.37	-0.2	-0.41	0.4	-0.18	-0.15	0.36	-0.09	-0.32	0.51	0.15	-0.27	0.26	0.2	-0.43	-0.33	-0.34	-0.05
Total Current Liabilities	-0.52	0.19		-0.75	-0.47	-0.47	0.71	0.92	0.42	-0.68	-0.45	0.67	0.31	-0.7	0.53	-0.45	-0.58	-0.02	0.69	-0.48	0.6	0.61	-0.66	-0.4	-0.64	-0.32
Total Stockholder Equity	0.86	-0.09	-0.75		0.1	-0.05	-0.32	-0.74	0.08	0.62	0.74	-0.44	0.11	0.3	-0.04	0.13	0.43	0.1	-0.67	0.05	-0.31	-0.21	0.37	-0.01	0.4	0.03
Property Plant And Equipment Net	0.15	-0.32	-0.47	0.1		0.74	-0.49	-0.28	-0.67	0.64	-0.17	-0.71	-0.53	0.52	-0.8	0.62	0.21	0.33	0.03	0.74	-0.72	-0.43	0.71	0.86	0.61	0.6
Net Debt	0.03	-0.36	-0.47	-0.05	0.74		-0.51	-0.24	-0.96	0.54	-0.15	-0.79	-0.6	0.56	-0.88	0.8	0.08	0.12	0.06	0.9	-0.81	-0.5	0.68	0.89	0.67	0.62
Retained Earnings	-0.07	0.07	0.71	-0.32	-0.49	-0.51		0.71	0.44	-0.27	0.03	0.38	0.27	-0.97	0.65	-0.31	-0.62	0.02	0.52	-0.47	0.35	0.97	-0.76	-0.4	-0.75	-0.26
Accounts Payable	-0.49	-0.16	0.92	-0.74	-0.28	-0.24	0.71		0.19	-0.55	-0.35	0.46	0.34	-0.68	0.37	-0.31	-0.53	-0.15	0.71	-0.3	0.44	0.56	-0.47	-0.18	-0.48	-0.22
Cash	0.08	0.37	0.42	0.08	-0.67	-0.96	0.44	0.19		-0.46	0.19	0.76	0.57	-0.49	0.81	-0.64	-0.03	0.03	0.04	-0.79	0.78	0.45	-0.58	-0.8	-0.54	-0.42
Non Current Assets Total	0.72	-0.2	-0.68	0.62	0.64	0.54	-0.27	-0.55	-0.46		0.34	-0.87	-0.48	0.34	-0.57	0.66	0.18	0.5	-0.14	0.57	-0.85	-0.14	0.55	0.69	0.53	0.48
Non Currrent Assets Other	0.66	-0.41	-0.45	0.74	-0.17	-0.15	0.03	-0.35	0.19	0.34		-0.23	0.41	0.03	0.17	0.01	0.23	-0.24	-0.45	-0.13	-0.06	0.04	0.11	-0.19	0.2	-0.06
Cash And Short Term Investments	-0.48	0.4	0.67	-0.44	-0.71	-0.79	0.38	0.46	0.76	-0.87	-0.23		0.58	-0.43	0.79	-0.72	-0.19	-0.26	0.21	-0.76	0.97	0.29	-0.62	-0.78	-0.6	-0.48
Net Receivables	0.07	-0.18	0.31	0.11	-0.53	-0.6	0.27	0.34	0.57	-0.48	0.41	0.58		-0.29	0.68	-0.56	-0.06	-0.39	-0.06	-0.62	0.74	0.14	-0.22	-0.61	-0.14	-0.37
Common Stock Shares Outstanding	0.08	-0.15	-0.7	0.3	0.52	0.56	-0.97	-0.68	-0.49	0.34	0.03	-0.43	-0.29		-0.67	0.33	0.54	-0.03	-0.47	0.49	-0.4	-0.95	0.77	0.47	0.75	0.3
Short Term Investments	-0.05	0.36	0.53	-0.04	-0.8	-0.88	0.65	0.37	0.81	-0.57	0.17	0.79	0.68	-0.67		-0.71	-0.4	-0.21	0.07	-0.85	0.81	0.61	-0.74	-0.87	-0.7	-0.57
Non Current Liabilities Total	0.4	-0.09	-0.45	0.13	0.62	0.8	-0.31	-0.31	-0.64	0.66	0.01	-0.72	-0.56	0.33	-0.71		0.06	0.49	0.26	0.89	-0.74	-0.24	0.6	0.81	0.66	0.83
Other Current Assets	0.19	-0.32	-0.58	0.43	0.21	0.08	-0.62	-0.53	-0.03	0.18	0.23	-0.19	-0.06	0.54	-0.4	0.06		-0.23	-0.55	0.19	-0.11	-0.63	0.6	0.12	0.52	-0.03
Other Stockholder Equity	0.42	0.51	-0.02	0.1	0.33	0.12	0.02	-0.15	0.03	0.5	-0.24	-0.26	-0.39	-0.03	-0.21	0.49	-0.23		0.44	0.25	-0.34	0.17	0.05	0.39	0.14	0.5
Total Liab	-0.21	0.15	0.69	-0.67	0.03	0.06	0.52	0.71	0.04	-0.14	-0.45	0.21	-0.06	-0.47	0.07	0.26	-0.55	0.44		0.1	0.12	0.48	-0.21	0.25	-0.18	0.32
Property Plant And Equipment Gross	0.19	-0.27	-0.48	0.05	0.74	0.9	-0.47	-0.3	-0.79	0.57	-0.13	-0.76	-0.62	0.49	-0.85	0.89	0.19	0.25	0.1		-0.79	-0.44	0.74	0.87	0.72	0.8
Total Current Assets	-0.37	0.26	0.6	-0.31	-0.72	-0.81	0.35	0.44	0.78	-0.85	-0.06	0.97	0.74	-0.4	0.81	-0.74	-0.11	-0.34	0.12	-0.79		0.24	-0.53	-0.8	-0.5	-0.5
Good Will	0.04	0.2	0.61	-0.21	-0.43	-0.5	0.97	0.56	0.45	-0.14	0.04	0.29	0.14	-0.95	0.61	-0.24	-0.63	0.17	0.48	-0.44	0.24		-0.77	-0.38	-0.76	-0.23
Common Stock Total Equity	0.35	-0.43	-0.66	0.37	0.71	0.68	-0.76	-0.47	-0.58	0.55	0.11	-0.62	-0.22	0.77	-0.74	0.6	0.6	0.05	-0.21	0.74	-0.53	-0.77		0.71	0.94	0.52
Intangible Assets	0.16	-0.33	-0.4	-0.01	0.86	0.89	-0.4	-0.18	-0.8	0.69	-0.19	-0.78	-0.61	0.47	-0.87	0.81	0.12	0.39	0.25	0.87	-0.8	-0.38	0.71		0.67	0.71
Common Stock	0.43	-0.34	-0.64	0.4	0.61	0.67	-0.75	-0.48	-0.54	0.53	0.2	-0.6	-0.14	0.75	-0.7	0.66	0.52	0.14	-0.18	0.72	-0.5	-0.76	0.94	0.67		0.6
Short Long Term Debt Total	0.28	-0.05	-0.32	0.03	0.6	0.62	-0.26	-0.22	-0.42	0.48	-0.06	-0.48	-0.37	0.3	-0.57	0.83	-0.03	0.5	0.32	0.8	-0.5	-0.23	0.52	0.71	0.6

Click cells to compare fundamentals

Sprott Account Relationship Matchups

Sprott fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	324.9M	377.3M	365.9M	383.7M	378.8M	358.7M
Other Current Liab	7.7M	17.5M	18.8M	21.5M	7.8M	15.6M
Total Current Liabilities	35.2M	47.2M	28.1M	25.8M	21.4M	40.4M
Total Stockholder Equity	271.6M	291.0M	291.2M	277.3M	305.7M	282.9M
Property Plant And Equipment Net	16.2M	16.6M	16.5M	12.5M	10.9M	8.7M
Net Debt	(39.4M)	(27.1M)	(20.0M)	2.8M	3.6M	3.8M
Retained Earnings	(102.7M)	(104.5M)	(97.0M)	(105.3M)	(89.4M)	(84.9M)
Accounts Payable	23.6M	29.7M	9.4M	10.7M	12.6M	23.1M
Cash	54.7M	44.1M	49.8M	51.7M	20.7M	19.6M
Non Current Assets Total	229.5M	292.0M	288.3M	306.8M	333.8M	199.4M
Non Currrent Assets Other	1.4M	16.1M	12.4M	21.3M	24.3M	19.3M
Cash And Short Term Investments	72.2M	53.6M	55.9M	55.0M	22.9M	21.7M
Net Receivables	10.1M	22.5M	14.8M	13.2M	8.7M	8.2M
Common Stock Shares Outstanding	25.7M	25.8M	25.9M	26.2M	26.1M	23.7M
Short Term Investments	17.5M	9.5M	6.1M	3.3M	2.2M	2.1M
Liabilities And Stockholders Equity	324.9M	377.3M	365.9M	383.7M	378.8M	358.7M
Non Current Liabilities Total	18.1M	39.1M	46.5M	80.7M	51.7M	54.3M
Other Current Assets	13.0M	9.2M	6.8M	8.7M	13.5M	8.1M
Other Stockholder Equity	33.4M	147.8M	132.2M	197.3M	35.3M	33.5M
Total Liab	53.3M	86.4M	74.7M	106.5M	73.1M	55.2M
Property Plant And Equipment Gross	21.2M	16.6M	32.5M	30.9M	31.0M	32.6M
Total Current Assets	95.3M	85.3M	77.5M	77.0M	45.1M	42.8M
Accumulated Other Comprehensive Income	24.5M	(65.6M)	(64.6M)	(79.6M)	(74.9M)	(71.2M)
Inventory	(21.6M)	(12.1M)	(7.8M)	(4.5M)	(3.0M)	(3.1M)
Other Assets	24.5M	17.8M	13.9M	23.0M	26.4M	22.4M
Good Will	19.1M	19.2M	19.1M	19.1M	17.2M	25.7M
Common Stock Total Equity	312.2M	303.2M	413.1M	417.8M	480.4M	367.7M
Intangible Assets	114.0M	156.0M	170.1M	178.6M	182.9M	96.7M
Common Stock	316.3M	417.8M	417.4M	428.5M	434.8M	384.3M
Short Long Term Debt Total	15.3M	17.0M	59.5M	54.4M	24.2M	26.9M
Short Term Debt	3.8M	17.0M	29.7M	54.4M	24.1M	21.2M
Capital Surpluse	33.1M	43.2M	43.3M	35.4M	40.7M	38.8M
Property Plant Equipment	16.2M	16.6M	16.5M	12.5M	14.4M	12.5M
Other Liab	6.7M	14.3M	8.5M	8.2M	9.5M	7.2M
Net Tangible Assets	138.4M	115.9M	102.0M	79.5M	71.6M	143.0M
Current Deferred Revenue	1.0	(17.0M)	(29.7M)	(54.4M)	(24.1M)	(25.3M)
Net Invested Capital	286.9M	308.0M	321.0M	331.7M	329.9M	335.8M
Long Term Investments	74.5M	82.5M	68.8M	73.6M	93.5M	79.8M
Net Working Capital	60.2M	38.1M	49.4M	51.2M	23.6M	22.4M

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

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:

How To Invest In Sprott

Details

Is Sprott Stock a good investment?

Details

What is Sprott's Net Worth?

Details

Largest Asset Management & Custody Banks Companies

View

Largest Financial Services Companies

View

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 gross domestic product.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sprott. If investors know Sprott will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sprott listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.885

Dividend Share

1.05

Earnings Share

1.81

Revenue Per Share

7.669

Quarterly Revenue Growth

0.349

The market value of Sprott Inc is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott's value that differs from its market value or its book value, called intrinsic value, which is Sprott's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sprott's market value can be influenced by many factors that don't directly affect Sprott's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

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.

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

Sprott Accounts Payable vs Total Assets Analysis

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

Correlation Coefficient

Accounts Payable

Total Assets

Sprott fundamental ratios Correlations

Sprott Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sprott fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Good Will	+ 0.97	Retained Earnings
Total Current Assets	+ 0.97	Cash And Short Term Investments
Common Stock	+ 0.94	Common Stock Total Equity
Accounts Payable	+ 0.92	Total Current Liabilities
Property Plant And Equipment Gross	+ 0.9	Net Debt
Intangible Assets	+ 0.89	Net Debt

Common Stock Shares Outstanding	- 0.97	Retained Earnings
Cash	- 0.96	Net Debt
Good Will	- 0.95	Common Stock Shares Outstanding
Short Term Investments	- 0.88	Net Debt
Intangible Assets	- 0.87	Short Term Investments
Cash And Short Term Investments	- 0.87	Non Current Assets Total