Southern Net Debt vs Other Current 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 Net Debt and its Other Current 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.

Net Debt vs Other Current Assets

Net Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Empire Resources Net Debt account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Southern Empire's Net Debt and Other Current Assets is -0.84. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current 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 Net Debt and Other Current 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 Net Debt of Southern Empire Resources are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Debt i.e., Southern Empire's Net Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.84

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

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 Depreciation	6.2K	4.3K	3.9K	4.7K
Cost Of Revenue	6.2K	4.3K	3.9K	4.7K

Reconciled Depreciation Cost Of Revenue

Southern Empire fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Common Stock	Capital Stock	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Short Term Investments	Property Plant And Equipment Gross
Total Assets		0.72	0.74	1.0	0.96	-0.34	-0.64	-0.74	0.34	0.69	0.49	0.88	0.75	0.73	0.92	0.74	1.0	0.7	0.57	0.98	0.98	-0.27	0.46	-0.41	-0.42	0.76
Other Current Liab	0.72		0.99	0.71	0.86	0.17	-0.95	-0.59	-0.17	0.07	0.53	0.94	0.77	0.34	0.91	0.99	0.71	0.09	-0.09	0.8	0.81	-0.72	0.87	-0.83	-0.82	0.92
Total Current Liabilities	0.74	0.99		0.73	0.87	0.16	-0.96	-0.69	-0.17	0.09	0.46	0.96	0.72	0.34	0.93	1.0	0.73	0.11	-0.08	0.81	0.83	-0.73	0.88	-0.84	-0.83	0.93
Total Stockholder Equity	1.0	0.71	0.73		0.95	-0.36	-0.62	-0.73	0.36	0.71	0.48	0.87	0.75	0.75	0.91	0.73	1.0	0.72	0.59	0.98	0.98	-0.26	0.44	-0.39	-0.4	0.75
Net Tangible Assets	0.96	0.86	0.87	0.95		-0.25	-0.79	-0.74	0.24	0.53	0.5	0.97	0.76	0.69	0.99	0.87	0.95	0.55	0.39	0.96	0.97	-0.5	0.67	-0.62	-0.62	0.84
Net Debt	-0.34	0.17	0.16	-0.36	-0.25		-0.22	0.22	-1.0	-0.78	-0.42	-0.01	-0.24	-0.84	-0.11	0.16	-0.36	-0.78	-0.82	-0.24	-0.23	-0.12	0.18	-0.17	-0.16	0.25
Retained Earnings	-0.64	-0.95	-0.96	-0.62	-0.79	-0.22		0.56	0.23	0.08	-0.41	-0.91	-0.6	-0.21	-0.87	-0.96	-0.62	0.05	0.23	-0.75	-0.77	0.84	-0.94	0.93	0.93	-0.91
Accounts Payable	-0.74	-0.59	-0.69	-0.73	-0.74	0.22	0.56		-0.22	-0.45	-0.31	-0.71	-0.53	-0.53	-0.73	-0.69	-0.73	-0.47	-0.34	-0.73	-0.74	0.31	-0.44	0.41	0.41	-0.61
Cash	0.34	-0.17	-0.17	0.36	0.24	-1.0	0.23	-0.22		0.78	0.42	0.01	0.24	0.84	0.1	-0.17	0.36	0.78	0.82	0.23	0.22	0.13	-0.18	0.17	0.17	-0.25
Cash And Short Term Investments	0.69	0.07	0.09	0.71	0.53	-0.78	0.08	-0.45	0.78		0.32	0.3	0.46	0.87	0.4	0.09	0.71	1.0	0.99	0.56	0.55	0.32	-0.21	0.25	0.26	0.08
Net Receivables	0.49	0.53	0.46	0.48	0.5	-0.42	-0.41	-0.31	0.42	0.32		0.44	0.86	0.58	0.46	0.46	0.48	0.34	0.25	0.51	0.5	-0.36	0.39	-0.39	-0.41	0.37
Common Stock Shares Outstanding	0.88	0.94	0.96	0.87	0.97	-0.01	-0.91	-0.71	0.01	0.3	0.44		0.72	0.49	0.99	0.96	0.87	0.32	0.14	0.92	0.93	-0.61	0.8	-0.75	-0.75	0.94
Inventory	0.75	0.77	0.72	0.75	0.76	-0.24	-0.6	-0.53	0.24	0.46	0.86	0.72		0.63	0.75	0.72	0.75	0.47	0.34	0.75	0.75	-0.33	0.47	-0.43	-0.43	0.63
Other Current Assets	0.73	0.34	0.34	0.75	0.69	-0.84	-0.21	-0.53	0.84	0.87	0.58	0.49	0.63		0.58	0.34	0.75	0.89	0.83	0.65	0.65	-0.13	0.18	-0.16	-0.14	0.22
Other Stockholder Equity	0.92	0.91	0.93	0.91	0.99	-0.11	-0.87	-0.73	0.1	0.4	0.46	0.99	0.75	0.58		0.93	0.91	0.42	0.25	0.94	0.96	-0.57	0.75	-0.7	-0.7	0.9
Total Liab	0.74	0.99	1.0	0.73	0.87	0.16	-0.96	-0.69	-0.17	0.09	0.46	0.96	0.72	0.34	0.93		0.73	0.11	-0.08	0.81	0.83	-0.73	0.88	-0.84	-0.83	0.93
Net Invested Capital	1.0	0.71	0.73	1.0	0.95	-0.36	-0.62	-0.73	0.36	0.71	0.48	0.87	0.75	0.75	0.91	0.73		0.72	0.59	0.98	0.98	-0.26	0.44	-0.39	-0.4	0.75
Total Current Assets	0.7	0.09	0.11	0.72	0.55	-0.78	0.05	-0.47	0.78	1.0	0.34	0.32	0.47	0.89	0.42	0.11	0.72		0.98	0.57	0.56	0.29	-0.19	0.23	0.23	0.09
Net Working Capital	0.57	-0.09	-0.08	0.59	0.39	-0.82	0.23	-0.34	0.82	0.99	0.25	0.14	0.34	0.83	0.25	-0.08	0.59	0.98		0.42	0.41	0.43	-0.35	0.38	0.39	-0.08
Common Stock	0.98	0.8	0.81	0.98	0.96	-0.24	-0.75	-0.73	0.23	0.56	0.51	0.92	0.75	0.65	0.94	0.81	0.98	0.57	0.42		1.0	-0.4	0.58	-0.54	-0.54	0.84
Capital Stock	0.98	0.81	0.83	0.98	0.97	-0.23	-0.77	-0.74	0.22	0.55	0.5	0.93	0.75	0.65	0.96	0.83	0.98	0.56	0.41	1.0		-0.43	0.6	-0.56	-0.57	0.85
Property Plant And Equipment Net	-0.27	-0.72	-0.73	-0.26	-0.5	-0.12	0.84	0.31	0.13	0.32	-0.36	-0.61	-0.33	-0.13	-0.57	-0.73	-0.26	0.29	0.43	-0.4	-0.43		-0.96	0.98	0.95	-0.58
Non Currrent Assets Other	0.46	0.87	0.88	0.44	0.67	0.18	-0.94	-0.44	-0.18	-0.21	0.39	0.8	0.47	0.18	0.75	0.88	0.44	-0.19	-0.35	0.58	0.6	-0.96		-0.99	-0.98	0.78
Other Assets	-0.41	-0.83	-0.84	-0.39	-0.62	-0.17	0.93	0.41	0.17	0.25	-0.39	-0.75	-0.43	-0.16	-0.7	-0.84	-0.39	0.23	0.38	-0.54	-0.56	0.98	-0.99		0.99	-0.73
Short Term Investments	-0.42	-0.82	-0.83	-0.4	-0.62	-0.16	0.93	0.41	0.17	0.26	-0.41	-0.75	-0.43	-0.14	-0.7	-0.83	-0.4	0.23	0.39	-0.54	-0.57	0.95	-0.98	0.99		-0.75
Property Plant And Equipment Gross	0.76	0.92	0.93	0.75	0.84	0.25	-0.91	-0.61	-0.25	0.08	0.37	0.94	0.63	0.22	0.9	0.93	0.75	0.09	-0.08	0.84	0.85	-0.58	0.78	-0.73	-0.75

Click cells to compare fundamentals

Southern Empire Account Relationship Matchups

Southern Empire fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.9M	14.9M	15.6M	12.3M	14.1M	9.4M
Other Current Liab	144.5K	575.9K	520.3K	849.5K	976.9K	1.0M
Total Current Liabilities	144.7K	576.3K	520.7K	850.0K	977.5K	1.0M
Total Stockholder Equity	15.7M	14.3M	15.1M	11.4M	13.1M	9.0M
Net Tangible Assets	165.4K	15.7M	14.3M	15.1M	17.4M	18.2M
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 Payable	144.69	406.96	328.4	528.79	475.91	452.12
Cash	3.7M	29.3K	43.6K	48.6K	43.7K	41.5K
Non Current Assets Total	8.7M	10.7M	12.5M	11.9M	13.7M	6.9M
Cash And Short Term Investments	6.9M	4.1M	3.0M	244.2K	280.8K	266.8K
Common Stock Shares Outstanding	37.7M	50.9M	61.5M	66.6M	76.5M	80.4M
Liabilities And Stockholders Equity	15.9M	14.9M	15.6M	12.3M	14.1M	9.4M
Other Current Assets	208.4K	77.7K	37.5K	42.3K	48.6K	71.5K
Other Stockholder Equity	936.1K	1.1M	1.2M	1.3M	1.5M	1.6M
Total Liab	144.7K	576.3K	520.7K	850.0K	977.5K	1.0M
Net Invested Capital	15.7M	14.3M	15.1M	11.4M	13.1M	9.0M
Total Current Assets	7.2M	4.1M	3.1M	372.3K	428.1K	406.7K
Net Working Capital	7.1M	3.6M	2.5M	(477.7K)	(549.4K)	(521.9K)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Southern Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC