| 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 Operating Income and its Net Debt 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.
Operating Income vs Net Debt
Operating Income vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Southern Empire Resources Operating Income account and
Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Southern Empire's Operating Income and Net Debt is 0.88. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Debt 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 Operating Income and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Southern Empire Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Operating Income i.e., Southern Empire's Operating Income and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Operating Income
Operating Income is the amount of profit realized from Southern Empire Resources operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Southern Empire Resources is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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.
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.
Southern Empire fundamental ratios Correlations
Click cells to compare fundamentals
Southern Empire Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southern Empire fundamental ratios Accounts
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Additional Tools for Southern Stock Analysis
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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
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