Sulliden Selling General Administrative vs Total Operating Expenses Analysis
SMC Stock | CAD 0.01 0.01 25.00% |
Sulliden Minerals financial indicator trend analysis is much more than just breaking down Sulliden Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sulliden Minerals is a good investment. Please check the relationship between Sulliden Minerals Selling General Administrative and its Total Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sulliden Minerals SA. 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.
Selling General Administrative vs Total Operating Expenses
Selling General Administrative vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sulliden Minerals Selling General Administrative account and Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sulliden Minerals' Selling General Administrative and Total Operating Expenses is 0.88. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Sulliden Minerals SA, assuming nothing else is changed. The correlation between historical values of Sulliden Minerals' Selling General Administrative and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Sulliden Minerals SA are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Selling General Administrative i.e., Sulliden Minerals' Selling General Administrative and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Selling General Administrative
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Sulliden Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sulliden Minerals 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 Sulliden Minerals SA. 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 30th of November 2024, Selling General Administrative is likely to grow to about 2.6 M, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 26.4K | 20.2K | 18.2K | 17.3K | Net Interest Income | 26.4K | 19.2K | 17.3K | 16.4K |
Sulliden Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Sulliden Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sulliden Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.6M | 13.4M | 9.1M | 3.5M | 2.4M | 2.3M | |
Total Stockholder Equity | 14.6M | 12.9M | 8.4M | 2.7M | 314.9K | 299.2K | |
Net Tangible Assets | 12.8M | 14.6M | 12.0M | 8.4M | 7.6M | 13.2M | |
Property Plant And Equipment Net | 141.4K | 225.8K | 778.2K | 1.1M | 1.3M | 1.4M | |
Net Debt | (205.0K) | (201.2K) | 36.8K | 55.9K | 93.3K | 98.0K | |
Retained Earnings | (14.4M) | (16.0M) | (29.0M) | (34.5M) | (37.0M) | (35.2M) | |
Cash | 205.0K | 201.2K | 163.2K | 35.1K | 55.7K | 52.9K | |
Cash And Short Term Investments | 13.5M | 11.9M | 8.2M | 3.4M | 2.0M | 1.9M | |
Common Stock Shares Outstanding | 52.7M | 60.6M | 96.1M | 128.3M | 129.1M | 69.1M | |
Liabilities And Stockholders Equity | 15.6M | 13.4M | 9.1M | 3.5M | 2.4M | 2.3M | |
Other Stockholder Equity | 723.6K | 877.5K | 2.1M | 1.0 | 0.9 | 0.86 | |
Total Current Assets | 14.9M | 12.3M | 9.1M | 3.5M | 2.4M | 2.3M | |
Accumulated Other Comprehensive Income | 723.6K | 623.6K | 2.1M | 2.0M | 2.0M | 2.1M | |
Property Plant Equipment | 141.4K | 225.8K | 778.2K | 1.1M | 1.3M | 1.4M | |
Other Current Liab | 1.0M | 520.4K | 518.0K | 672.8K | 1.9M | 2.0M | |
Total Current Liabilities | 1.0M | 520.9K | 718.6K | 764.3K | 2.1M | 2.2M | |
Accounts Payable | 1.0K | 520.92 | 518.56 | 439.01 | 395.11 | 559.35 | |
Net Receivables | 1.3M | 580.1K | 786.5K | 23.9K | 287.8K | 566.3K | |
Short Term Investments | 13.2M | 11.7M | 8.0M | 3.3M | 2.0M | 1.9M | |
Other Current Assets | 71.0K | 42.2K | 119.9K | 93.0K | 61.3K | 99.9K | |
Total Liab | 1.0M | 520.9K | 718.6K | 764.3K | 2.1M | 2.2M | |
Net Invested Capital | 14.6M | 12.9M | 8.6M | 2.8M | 2.5M | 2.4M | |
Net Working Capital | 13.8M | 11.8M | 8.4M | 2.7M | 2.4M | 2.3M |
Pair Trading with Sulliden Minerals
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 Sulliden Minerals 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 Sulliden Minerals will appreciate offsetting losses from the drop in the long position's value.Moving against Sulliden Stock
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The ability to find closely correlated positions to Sulliden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sulliden Minerals 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 Sulliden Minerals - 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 Sulliden Minerals SA to buy it.
The correlation of Sulliden Minerals 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 Sulliden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sulliden Minerals 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 Sulliden Minerals 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.Other Information on Investing in Sulliden Stock
Balance Sheet is a snapshot of the financial position of Sulliden Minerals at a specified time, usually calculated after every quarter, six months, or one year. Sulliden Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sulliden Minerals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sulliden currently owns. An asset can also be divided into two categories, current and non-current.