Santana Other Current Assets vs Intangible Assets Analysis
SMI Stock | 0.45 0.01 2.17% |
Santana Minerals financial indicator trend analysis is much more than just breaking down Santana Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Santana Minerals is a good investment. Please check the relationship between Santana Minerals Other Current Assets and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Santana Minerals. 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.
Other Current Assets vs Intangible Assets
Other Current Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Santana Minerals Other Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Santana Minerals' Other Current Assets and Intangible Assets is 0.17. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Santana Minerals, assuming nothing else is changed. The correlation between historical values of Santana Minerals' Other Current Assets and Intangible 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 Other Current Assets of Santana Minerals are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Other Current Assets i.e., Santana Minerals' Other Current Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Santana Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Santana 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 Santana Minerals. 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. Issuance Of Capital Stock is likely to gain to about 32.8 M in 2024, despite the fact that Discontinued Operations is likely to grow to (3.4 M).
Santana Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Santana Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Santana Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.8M | 17.1M | 19.9K | 40.0K | 69.8M | 66.3M | |
Other Current Liab | 36.1K | 29.5K | 390.9K | 43.9K | 39.5K | 37.5K | |
Total Current Liabilities | 280.4K | 391.3K | 642.62 | 987.04 | 1.9M | 1.8M | |
Total Stockholder Equity | 8.5M | 16.8M | 19.3K | 39.0K | 67.8M | 64.5M | |
Net Tangible Assets | 8.5M | 16.8M | 19.3M | 39.0M | 35.1M | 33.3M | |
Retained Earnings | (26.0M) | (31.8M) | (32.8K) | (39.7K) | (41.6M) | (39.5M) | |
Accounts Payable | 251.0K | 391.3K | 642.6K | 987.0K | 1.8M | 1.7M | |
Cash | 831.0K | 3.9M | 2.5K | 17.2K | 33.1M | 34.7M | |
Net Receivables | 25.7K | 63.0K | 249.7K | 593.5K | 754.3K | 716.6K | |
Inventory | (17.5K) | 1.0 | (249.7K) | (593.5K) | (678.7K) | (644.8K) | |
Other Current Assets | 35.7K | 42.8K | 57.2K | 73.0K | 75.7K | 71.9K | |
Other Stockholder Equity | (9.1K) | (17.0K) | (367.1) | (1.0) | (0.9) | (0.85) | |
Total Liab | 280.4K | 391.3K | 642.62 | 987.04 | 1.9M | 1.8M | |
Total Current Assets | 892.3K | 4.0M | 2.8K | 17.9K | 33.9M | 32.2M | |
Common Stock | 35.1M | 48.8M | 52.5K | 78.0K | 109.2M | 79.9M | |
Property Plant Equipment | 6.6M | 12.9M | 17.0M | 22.0M | 19.8M | 18.8M | |
Property Plant And Equipment Net | 15.7K | 67.1K | 17.0K | 22.0K | 35.8M | 37.5M | |
Net Debt | (831.0K) | (3.9M) | (2.5K) | (17.2K) | (33.0M) | (31.4M) | |
Non Current Assets Total | 7.9M | 13.1M | 17.2K | 22.1K | 35.9M | 37.7M | |
Non Currrent Assets Other | 6.6M | 12.8M | (0.15) | 0.55 | 43.9K | 41.7K | |
Cash And Short Term Investments | 831.0K | 3.9M | 2.5K | 17.2K | 33.1M | 34.7M | |
Common Stock Shares Outstanding | 367.4M | 88.3M | 126.4M | 150.2M | 182.0M | 191.1M | |
Liabilities And Stockholders Equity | 8.8M | 17.1M | 19.9M | 40.0M | 69.8M | 73.3M | |
Property Plant And Equipment Gross | 6.6M | 13.0M | 17.1M | 22.2M | 36.0M | 37.8M | |
Accumulated Other Comprehensive Income | (550.0K) | (220.0K) | (367.2K) | 687.7K | 258.9K | 271.9K | |
Non Current Liabilities Total | 74.0K | 251.0K | 391.3K | 642.6K | 20.6K | 19.6K | |
Cash And Equivalents | 831.0K | 3.9M | 2.5M | 17.2M | 19.8M | 20.8M | |
Net Invested Capital | 8.5M | 16.8M | 19.3M | 39.0M | 67.8M | 71.2M | |
Net Working Capital | 611.9K | 3.6M | 2.1M | 16.9M | 32.0M | 33.6M | |
Capital Stock | 35.1M | 48.8M | 52.5M | 78.0M | 109.2M | 64.7M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Santana Stock Analysis
When running Santana Minerals' price analysis, check to measure Santana Minerals' 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 Santana Minerals is operating at the current time. Most of Santana Minerals' value examination focuses on studying past and present price action to predict the probability of Santana Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Santana Minerals' price. Additionally, you may evaluate how the addition of Santana Minerals to your portfolios can decrease your overall portfolio volatility.