Southern Capital Stock vs Net Tangible Assets Analysis

SMP Stock   0.02  0.01  20.00%   
Southern Empire financial indicator trend analysis is much more than just breaking down Southern Empire Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Empire Resources is a good investment. Please check the relationship between Southern Empire Capital Stock and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Empire Resources. 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.

Capital Stock vs Net Tangible Assets

Capital Stock vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Empire Resources Capital Stock account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Southern Empire's Capital Stock and Net Tangible Assets is 0.97. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Southern Empire Resources, assuming nothing else is changed. The correlation between historical values of Southern Empire's Capital Stock and Net Tangible 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 Capital Stock of Southern Empire Resources are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Capital Stock i.e., Southern Empire's Capital Stock and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Southern Empire's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Empire Resources 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 Southern Empire Resources. 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 is likely to climb to about 824.1 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation6.2K4.3K3.9K4.7K
Cost Of Revenue6.2K4.3K3.9K4.7K

Southern Empire fundamental ratios Correlations

0.720.741.00.96-0.34-0.64-0.740.340.690.490.880.750.730.920.741.00.70.570.980.98-0.270.46-0.41-0.420.76
0.720.990.710.860.17-0.95-0.59-0.170.070.530.940.770.340.910.990.710.09-0.090.80.81-0.720.87-0.83-0.820.92
0.740.990.730.870.16-0.96-0.69-0.170.090.460.960.720.340.931.00.730.11-0.080.810.83-0.730.88-0.84-0.830.93
1.00.710.730.95-0.36-0.62-0.730.360.710.480.870.750.750.910.731.00.720.590.980.98-0.260.44-0.39-0.40.75
0.960.860.870.95-0.25-0.79-0.740.240.530.50.970.760.690.990.870.950.550.390.960.97-0.50.67-0.62-0.620.84
-0.340.170.16-0.36-0.25-0.220.22-1.0-0.78-0.42-0.01-0.24-0.84-0.110.16-0.36-0.78-0.82-0.24-0.23-0.120.18-0.17-0.160.25
-0.64-0.95-0.96-0.62-0.79-0.220.560.230.08-0.41-0.91-0.6-0.21-0.87-0.96-0.620.050.23-0.75-0.770.84-0.940.930.93-0.91
-0.74-0.59-0.69-0.73-0.740.220.56-0.22-0.45-0.31-0.71-0.53-0.53-0.73-0.69-0.73-0.47-0.34-0.73-0.740.31-0.440.410.41-0.61
0.34-0.17-0.170.360.24-1.00.23-0.220.780.420.010.240.840.1-0.170.360.780.820.230.220.13-0.180.170.17-0.25
0.690.070.090.710.53-0.780.08-0.450.780.320.30.460.870.40.090.711.00.990.560.550.32-0.210.250.260.08
0.490.530.460.480.5-0.42-0.41-0.310.420.320.440.860.580.460.460.480.340.250.510.5-0.360.39-0.39-0.410.37
0.880.940.960.870.97-0.01-0.91-0.710.010.30.440.720.490.990.960.870.320.140.920.93-0.610.8-0.75-0.750.94
0.750.770.720.750.76-0.24-0.6-0.530.240.460.860.720.630.750.720.750.470.340.750.75-0.330.47-0.43-0.430.63
0.730.340.340.750.69-0.84-0.21-0.530.840.870.580.490.630.580.340.750.890.830.650.65-0.130.18-0.16-0.140.22
0.920.910.930.910.99-0.11-0.87-0.730.10.40.460.990.750.580.930.910.420.250.940.96-0.570.75-0.7-0.70.9
0.740.991.00.730.870.16-0.96-0.69-0.170.090.460.960.720.340.930.730.11-0.080.810.83-0.730.88-0.84-0.830.93
1.00.710.731.00.95-0.36-0.62-0.730.360.710.480.870.750.750.910.730.720.590.980.98-0.260.44-0.39-0.40.75
0.70.090.110.720.55-0.780.05-0.470.781.00.340.320.470.890.420.110.720.980.570.560.29-0.190.230.230.09
0.57-0.09-0.080.590.39-0.820.23-0.340.820.990.250.140.340.830.25-0.080.590.980.420.410.43-0.350.380.39-0.08
0.980.80.810.980.96-0.24-0.75-0.730.230.560.510.920.750.650.940.810.980.570.421.0-0.40.58-0.54-0.540.84
0.980.810.830.980.97-0.23-0.77-0.740.220.550.50.930.750.650.960.830.980.560.411.0-0.430.6-0.56-0.570.85
-0.27-0.72-0.73-0.26-0.5-0.120.840.310.130.32-0.36-0.61-0.33-0.13-0.57-0.73-0.260.290.43-0.4-0.43-0.960.980.95-0.58
0.460.870.880.440.670.18-0.94-0.44-0.18-0.210.390.80.470.180.750.880.44-0.19-0.350.580.6-0.96-0.99-0.980.78
-0.41-0.83-0.84-0.39-0.62-0.170.930.410.170.25-0.39-0.75-0.43-0.16-0.7-0.84-0.390.230.38-0.54-0.560.98-0.990.99-0.73
-0.42-0.82-0.83-0.4-0.62-0.160.930.410.170.26-0.41-0.75-0.43-0.14-0.7-0.83-0.40.230.39-0.54-0.570.95-0.980.99-0.75
0.760.920.930.750.840.25-0.91-0.61-0.250.080.370.940.630.220.90.930.750.09-0.080.840.85-0.580.78-0.73-0.75
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Southern Empire Account Relationship Matchups

Southern Empire fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.9M14.9M15.6M12.3M14.1M9.4M
Other Current Liab144.5K575.9K520.3K849.5K976.9K1.0M
Total Current Liabilities144.7K576.3K520.7K850.0K977.5K1.0M
Total Stockholder Equity15.7M14.3M15.1M11.4M13.1M9.0M
Net Tangible Assets165.4K15.7M14.3M15.1M17.4M18.2M
Net Debt(3.7M)(29.3K)(43.6K)(48.6K)(55.8K)(58.6K)
Retained Earnings(48.5K)(1.7M)(2.4M)(6.3M)(5.7M)(5.4M)
Accounts Payable144.69406.96328.4528.79475.91452.12
Cash3.7M29.3K43.6K48.6K43.7K41.5K
Non Current Assets Total8.7M10.7M12.5M11.9M13.7M6.9M
Cash And Short Term Investments6.9M4.1M3.0M244.2K280.8K266.8K
Common Stock Shares Outstanding37.7M50.9M61.5M66.6M76.5M80.4M
Liabilities And Stockholders Equity15.9M14.9M15.6M12.3M14.1M9.4M
Other Current Assets208.4K77.7K37.5K42.3K48.6K71.5K
Other Stockholder Equity936.1K1.1M1.2M1.3M1.5M1.6M
Total Liab144.7K576.3K520.7K850.0K977.5K1.0M
Net Invested Capital15.7M14.3M15.1M11.4M13.1M9.0M
Total Current Assets7.2M4.1M3.1M372.3K428.1K406.7K
Net Working Capital7.1M3.6M2.5M(477.7K)(549.4K)(521.9K)

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