Southern Other Current Assets vs Common Stock Shares Outstanding 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 Other Current Assets and its Common Stock Shares Outstanding 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.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Empire Resources Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Southern Empire's Other Current Assets and Common Stock Shares Outstanding is 0.49. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Other Current Assets and Common Stock Shares Outstanding 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 Southern Empire Resources are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Southern Empire's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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
Click cells to compare fundamentals

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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