Strikepoint Total Current Assets vs Total Revenue Analysis

SKP Stock  CAD 0.18  0.01  5.26%   
Strikepoint Gold financial indicator trend analysis is much more than just breaking down Strikepoint Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Strikepoint Gold is a good investment. Please check the relationship between Strikepoint Gold Total Current Assets and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Strikepoint Gold. 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 Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Strikepoint Gold Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Strikepoint Gold's Total Current Assets and Total Revenue is -0.24. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Strikepoint Gold, assuming nothing else is changed. The correlation between historical values of Strikepoint Gold's Total Current Assets and Total Revenue 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 Current Assets of Strikepoint Gold are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Strikepoint Gold's Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Revenue

Total revenue comprises all receipts Strikepoint Gold generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Strikepoint Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Strikepoint Gold 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 Strikepoint Gold. 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, Strikepoint Gold's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 165.62 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2023 2024 (projected)
Net Interest Income76.4K80.2K
Non Recurring6.0M6.3M

Strikepoint Gold fundamental ratios Correlations

0.841.0-0.96-0.550.480.96-0.030.990.440.570.050.841.00.410.610.61-0.17-0.22-0.110.76-0.530.30.290.590.05
0.840.81-0.84-0.630.450.840.00.840.320.62-0.331.00.840.440.810.66-0.29-0.2-0.040.65-0.60.060.050.660.0
1.00.81-0.95-0.530.480.95-0.030.990.440.550.090.811.00.40.570.59-0.16-0.22-0.120.76-0.520.320.310.580.06
-0.96-0.84-0.950.52-0.34-1.00.16-0.97-0.3-0.520.0-0.84-0.96-0.38-0.67-0.640.310.270.16-0.720.58-0.26-0.25-0.53-0.05
-0.55-0.63-0.530.52-0.31-0.520.08-0.52-0.77-0.940.36-0.63-0.55-0.22-0.33-0.850.570.540.14-0.770.920.510.52-0.870.48
0.480.450.48-0.34-0.310.340.160.450.290.23-0.140.450.470.270.00.320.210.0-0.040.24-0.35-0.14-0.140.150.21
0.960.840.95-1.0-0.520.34-0.170.970.30.510.00.840.960.380.670.64-0.31-0.27-0.170.72-0.580.260.260.520.06
-0.030.0-0.030.160.080.16-0.17-0.120.01-0.020.120.0-0.09-0.08-0.03-0.220.060.710.73-0.010.210.050.050.01-0.11
0.990.840.99-0.97-0.520.450.97-0.120.380.520.060.841.00.40.620.59-0.18-0.27-0.190.73-0.520.320.310.550.08
0.440.320.44-0.3-0.770.290.30.010.380.88-0.240.320.430.270.150.67-0.07-0.260.120.81-0.64-0.31-0.320.85-0.6
0.570.620.55-0.52-0.940.230.51-0.020.520.88-0.430.620.560.350.470.84-0.37-0.360.080.87-0.83-0.4-0.410.98-0.59
0.05-0.330.090.00.36-0.140.00.120.06-0.24-0.43-0.330.04-0.62-0.44-0.54-0.07-0.09-0.24-0.090.460.520.53-0.410.11
0.841.00.81-0.84-0.630.450.840.00.840.320.62-0.330.840.440.810.66-0.29-0.2-0.040.65-0.60.060.050.660.0
1.00.841.0-0.96-0.550.470.96-0.091.00.430.560.040.840.410.610.62-0.17-0.26-0.160.76-0.540.30.290.590.06
0.410.440.4-0.38-0.220.270.38-0.080.40.270.35-0.620.440.410.540.530.380.20.190.22-0.330.030.030.40.27
0.610.810.57-0.67-0.330.00.67-0.030.620.150.47-0.440.810.610.540.51-0.10.090.260.53-0.340.20.190.57-0.09
0.610.660.59-0.64-0.850.320.64-0.220.590.670.84-0.540.660.620.530.51-0.35-0.34-0.040.73-0.93-0.4-0.410.79-0.25
-0.17-0.29-0.160.310.570.21-0.310.06-0.18-0.07-0.37-0.07-0.29-0.170.38-0.1-0.350.530.29-0.30.550.370.37-0.290.34
-0.22-0.2-0.220.270.540.0-0.270.71-0.27-0.26-0.36-0.09-0.2-0.260.20.09-0.340.530.86-0.280.490.230.23-0.290.15
-0.11-0.04-0.120.160.14-0.04-0.170.73-0.190.120.08-0.24-0.04-0.160.190.26-0.040.290.860.110.16-0.05-0.050.13-0.3
0.760.650.76-0.72-0.770.240.72-0.010.730.810.87-0.090.650.760.220.530.73-0.3-0.280.11-0.69-0.08-0.090.87-0.56
-0.53-0.6-0.520.580.92-0.35-0.580.21-0.52-0.64-0.830.46-0.6-0.54-0.33-0.34-0.930.550.490.16-0.690.580.59-0.720.37
0.30.060.32-0.260.51-0.140.260.050.32-0.31-0.40.520.060.30.030.2-0.40.370.23-0.05-0.080.581.0-0.230.48
0.290.050.31-0.250.52-0.140.260.050.31-0.32-0.410.530.050.290.030.19-0.410.370.23-0.05-0.090.591.0-0.240.48
0.590.660.58-0.53-0.870.150.520.010.550.850.98-0.410.660.590.40.570.79-0.29-0.290.130.87-0.72-0.23-0.24-0.54
0.050.00.06-0.050.480.210.06-0.110.08-0.6-0.590.110.00.060.27-0.09-0.250.340.15-0.3-0.560.370.480.48-0.54
Click cells to compare fundamentals

Strikepoint Gold Account Relationship Matchups

Strikepoint Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets627.1K6.4M6.3M4.9M2.0M2.0M
Total Current Liabilities103.2K746.3K648.8K299.3K272.6K193.6K
Total Stockholder Equity523.9K5.6M5.6M4.6M1.8M1.8M
Net Debt(432.1K)(6.2M)(5.9M)(2.7M)(1.4M)(1.5M)
Retained Earnings(44.8M)(48.5M)(53.8M)(54.9M)(58.4M)(55.5M)
Accounts Payable70.8K131.9K118.7K244.3K56.3K53.5K
Cash432.1K6.2M5.9M2.7M1.4M1.4M
Non Current Assets Total2.5K11.2K49K70K70.0K133.0K
Cash And Short Term Investments432.1K6.2M5.9M4.2M1.4M1.6M
Net Receivables103.6K98.6K234.3K581.1K431.7K453.3K
Common Stock Shares Outstanding94.3M144.4M198.2M207.3M212.8M223.4M
Liabilities And Stockholders Equity627.1K6.4M6.3M4.9M2.0M2.0M
Other Stockholder Equity30.9M384K8.1M9.0M10.4M12.6M
Total Liab103.2K746.3K648.8K299.3K272.6K193.6K
Total Current Assets578.1K6.3M6.2M4.8M2.0M1.8M
Non Currrent Assets Other2.5K10K49K70K(1.0)(0.95)
Accumulated Other Comprehensive Income8.1M9.0M10.2M10.3M10.7M5.5M
Other Current Liab32.3K614.4K530.1K55K216.3K175.9K
Common Stock33.3M37.3M45.1M49.2M49.5M32.0M
Other Current Assets42.4K25.1K69.6K30.2K125.8K132.1K
Net Tangible Assets5.3M334.2K523.9K5.6M6.5M6.8M
Net Invested Capital523.9K5.6M5.6M4.6M1.8M1.7M
Net Working Capital474.9K5.6M5.6M4.5M1.7M1.6M

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Additional Tools for Strikepoint Stock Analysis

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