Sulliden Total Current Liabilities vs Total Liab Analysis

SMC Stock  CAD 0.01  0.00  0.00%   
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 Total Current Liabilities and its Total Liab 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.

Total Current Liabilities vs Total Liab

Total Current Liabilities vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sulliden Minerals Total Current Liabilities account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Sulliden Minerals' Total Current Liabilities and Total Liab is 1.0. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Liab 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' Total Current Liabilities and Total Liab 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 Liabilities of Sulliden Minerals SA are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Liabilities i.e., Sulliden Minerals' Total Current Liabilities and Total Liab go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Sulliden Minerals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sulliden Minerals SA are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 6th of February 2025, Selling General Administrative is likely to grow to about 2.5 M, while Enterprise Value Over EBITDA is likely to drop (0.71).

Sulliden Minerals fundamental ratios Correlations

1.00.95-0.12-0.750.350.740.89-0.370.520.890.23-0.19-0.03-0.060.620.740.360.220.34-0.06-0.320.560.37-0.40.4
1.00.93-0.17-0.760.40.740.89-0.420.530.890.18-0.24-0.09-0.130.590.730.340.270.33-0.13-0.360.60.42-0.440.43
0.950.930.07-0.680.140.70.82-0.10.50.820.38-0.010.220.190.630.740.36-0.030.40.19-0.110.350.1-0.190.13
-0.12-0.170.070.17-0.88-0.04-0.030.84-0.26-0.010.821.00.730.760.33-0.190.4-0.860.020.760.69-0.8-0.780.77-0.64
-0.75-0.76-0.680.17-0.43-0.99-0.790.46-0.68-0.78-0.030.220.120.16-0.45-0.41-0.18-0.430.080.160.38-0.5-0.490.47-0.4
0.350.40.14-0.88-0.430.30.22-0.920.260.2-0.74-0.88-0.64-0.68-0.010.39-0.240.93-0.18-0.68-0.680.950.9-0.880.77
0.740.740.7-0.04-0.990.30.78-0.330.680.770.15-0.09-0.01-0.040.460.40.220.3-0.05-0.04-0.280.380.36-0.330.31
0.890.890.82-0.03-0.790.220.78-0.360.681.00.22-0.1-0.12-0.150.50.350.470.250.22-0.15-0.30.360.4-0.380.41
-0.37-0.42-0.10.840.46-0.92-0.33-0.36-0.29-0.350.670.850.760.8-0.03-0.220.09-0.960.150.80.81-0.89-0.990.93-0.88
0.520.530.5-0.26-0.680.260.680.68-0.290.66-0.17-0.31-0.29-0.3-0.180.06-0.030.37-0.03-0.3-0.240.270.31-0.270.24
0.890.890.82-0.01-0.780.20.771.0-0.350.660.25-0.09-0.1-0.130.510.350.510.230.24-0.13-0.290.350.39-0.370.41
0.230.180.380.82-0.03-0.740.150.220.67-0.170.250.780.660.680.50.170.56-0.80.450.680.53-0.57-0.650.65-0.49
-0.19-0.24-0.011.00.22-0.88-0.09-0.10.85-0.31-0.090.780.730.750.29-0.240.37-0.86-0.030.750.7-0.81-0.790.78-0.66
-0.03-0.090.220.730.12-0.64-0.01-0.120.76-0.29-0.10.660.731.00.430.120.28-0.790.11.00.74-0.58-0.770.66-0.6
-0.06-0.130.190.760.16-0.68-0.04-0.150.8-0.3-0.130.680.751.00.40.090.27-0.820.111.00.76-0.62-0.80.71-0.63
0.620.590.630.33-0.45-0.010.460.5-0.03-0.180.510.50.290.430.40.560.56-0.160.180.4-0.040.180.06-0.10.1
0.740.730.74-0.19-0.410.390.40.35-0.220.060.350.17-0.240.120.090.560.040.070.380.09-0.210.60.17-0.240.19
0.360.340.360.4-0.18-0.240.220.470.09-0.030.510.560.370.280.270.560.04-0.210.370.270.16-0.15-0.010.040.17
0.220.27-0.03-0.86-0.430.930.30.25-0.960.370.23-0.8-0.86-0.79-0.82-0.160.07-0.21-0.31-0.82-0.740.830.96-0.890.82
0.340.330.40.020.08-0.18-0.050.220.15-0.030.240.45-0.030.10.110.180.380.37-0.310.110.03-0.04-0.180.11-0.08
-0.06-0.130.190.760.16-0.68-0.04-0.150.8-0.3-0.130.680.751.01.00.40.090.27-0.820.110.76-0.62-0.80.71-0.63
-0.32-0.36-0.110.690.38-0.68-0.28-0.30.81-0.24-0.290.530.70.740.76-0.04-0.210.16-0.740.030.76-0.71-0.770.83-0.64
0.560.60.35-0.8-0.50.950.380.36-0.890.270.35-0.57-0.81-0.58-0.620.180.6-0.150.83-0.04-0.62-0.710.86-0.840.77
0.370.420.1-0.78-0.490.90.360.4-0.990.310.39-0.65-0.79-0.77-0.80.060.17-0.010.96-0.18-0.8-0.770.86-0.920.89
-0.4-0.44-0.190.770.47-0.88-0.33-0.380.93-0.27-0.370.650.780.660.71-0.1-0.240.04-0.890.110.710.83-0.84-0.92-0.77
0.40.430.13-0.64-0.40.770.310.41-0.880.240.41-0.49-0.66-0.6-0.630.10.190.170.82-0.08-0.63-0.640.770.89-0.77
Click cells to compare fundamentals

Sulliden Minerals Account Relationship Matchups

Sulliden Minerals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.4M9.1M3.5M2.4M2.2M2.0M
Total Stockholder Equity12.9M8.4M2.7M314.9K283.4K269.3K
Net Tangible Assets12.8M14.6M12.0M8.4M7.6M13.2M
Net Debt(201.2K)36.8K55.9K93.3K107.3K112.7K
Retained Earnings(16.0M)(29.0M)(34.5M)(37.0M)(33.3M)(31.7M)
Cash201.2K163.2K35.1K55.7K50.1K47.6K
Cash And Short Term Investments11.9M8.2M3.4M2.0M1.8M1.7M
Common Stock Shares Outstanding60.6M96.1M128.3M129.1M148.4M155.9M
Liabilities And Stockholders Equity13.4M9.1M3.5M2.4M2.2M2.0M
Other Stockholder Equity723.6K877.5K2.1M1.00.90.86
Total Current Assets12.3M9.1M3.5M2.4M2.2M2.0M
Accumulated Other Comprehensive Income623.6K2.1M2.0M2.0M2.3M2.5M
Other Current Liab520.4K518.0K672.8K1.9M2.2M2.3M
Total Current Liabilities520.9K718.6K764.3K2.1M2.4M2.5M
Accounts Payable1.0K520.92518.56439.01395.11559.35
Net Receivables580.1K786.5K23.9K287.8K331.0K566.3K
Short Term Investments11.7M8.0M3.3M2.0M1.8M1.7M
Other Current Assets42.2K119.9K93.0K61.3K70.5K99.9K
Total Liab520.9K718.6K764.3K2.1M2.4M2.5M
Net Invested Capital12.9M8.6M2.8M463.9K417.5K396.6K
Net Working Capital11.8M8.4M2.7M314.9K283.4K269.3K

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 together with Sulliden Stock

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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.
Pair CorrelationCorrelation Matching

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.