Sirios Interest Income vs Cost Of Revenue Analysis

SOI Stock  CAD 0.05  0.01  11.11%   
Sirios Resources financial indicator trend analysis is much more than just breaking down Sirios Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sirios Resources is a good investment. Please check the relationship between Sirios Resources Interest Income and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sirios 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.

Interest Income vs Cost Of Revenue

Interest Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sirios Resources Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sirios Resources' Interest Income and Cost Of Revenue is 0.57. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Sirios Resources, assuming nothing else is changed. The correlation between historical values of Sirios Resources' Interest Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Sirios Resources are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Income i.e., Sirios Resources' Interest Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Cost Of Revenue

Cost of Revenue is found on Sirios Resources income statement and represents the costs associated with goods and services Sirios Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Sirios Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sirios 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 Sirios 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.
At this time, Sirios Resources' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.7 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 22.27 in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.4K2.8K23.3K12.8K
Interest Income6.5K16.4K40.3K42.3K

Sirios Resources fundamental ratios Correlations

0.410.131.00.99-0.43-0.90.080.330.990.52-0.030.970.260.80.340.980.970.20.86-0.64-0.58-0.520.820.95-0.75
0.410.510.380.42-0.36-0.43-0.20.270.420.36-0.380.57-0.060.750.00.480.37-0.430.590.090.06-0.080.380.23-0.15
0.130.510.10.11-0.26-0.30.420.330.10.190.150.120.060.550.280.150.09-0.140.050.140.00.150.040.08-0.1
1.00.380.10.99-0.43-0.890.080.330.990.52-0.030.960.260.780.350.980.970.220.84-0.66-0.59-0.530.820.95-0.76
0.990.420.110.99-0.33-0.89-0.010.221.00.42-0.090.970.220.820.220.980.980.120.9-0.58-0.56-0.490.870.93-0.7
-0.43-0.36-0.26-0.43-0.330.39-0.37-0.98-0.33-0.960.1-0.39-0.18-0.26-0.79-0.42-0.28-0.2-0.130.570.130.46-0.11-0.40.6
-0.9-0.43-0.3-0.89-0.890.39-0.24-0.34-0.88-0.47-0.02-0.85-0.24-0.76-0.35-0.94-0.92-0.16-0.70.370.450.31-0.75-0.830.73
0.08-0.20.420.08-0.01-0.37-0.240.48-0.010.360.64-0.10.32-0.010.70.070.040.36-0.29-0.24-0.290.0-0.230.14-0.22
0.330.270.330.330.22-0.98-0.340.480.230.92-0.030.260.180.190.830.310.180.22-0.01-0.54-0.1-0.40.020.35-0.57
0.990.420.10.991.0-0.33-0.88-0.010.230.42-0.10.980.220.820.220.980.970.120.9-0.59-0.56-0.50.870.93-0.7
0.520.360.190.520.42-0.96-0.470.360.920.420.00.480.170.290.830.510.390.390.19-0.61-0.2-0.450.170.47-0.64
-0.03-0.380.15-0.03-0.090.1-0.020.64-0.03-0.10.0-0.20.45-0.110.5-0.06-0.020.58-0.23-0.18-0.430.1-0.350.03-0.1
0.970.570.120.960.97-0.39-0.85-0.10.260.980.48-0.20.140.840.20.970.930.040.92-0.54-0.48-0.490.830.88-0.66
0.26-0.060.060.260.22-0.18-0.240.320.180.220.170.450.140.160.370.230.270.10.13-0.28-0.73-0.31-0.060.26-0.5
0.80.750.550.780.82-0.26-0.76-0.010.190.820.29-0.110.840.160.10.810.77-0.210.86-0.28-0.37-0.250.730.69-0.45
0.340.00.280.350.22-0.79-0.350.70.830.220.830.50.20.370.10.310.230.62-0.08-0.61-0.33-0.32-0.090.38-0.59
0.980.480.150.980.98-0.42-0.940.070.310.980.51-0.060.970.230.810.310.980.150.86-0.53-0.52-0.420.830.9-0.72
0.970.370.090.970.98-0.28-0.920.040.180.970.39-0.020.930.270.770.230.980.190.85-0.51-0.57-0.390.870.91-0.69
0.2-0.43-0.140.220.12-0.2-0.160.360.220.120.390.580.040.1-0.210.620.150.19-0.19-0.42-0.3-0.17-0.080.27-0.35
0.860.590.050.840.9-0.13-0.7-0.29-0.010.90.19-0.230.920.130.86-0.080.860.85-0.19-0.4-0.42-0.330.850.76-0.43
-0.640.090.14-0.66-0.580.570.37-0.24-0.54-0.59-0.61-0.18-0.54-0.28-0.28-0.61-0.53-0.51-0.42-0.40.540.65-0.37-0.740.64
-0.580.060.0-0.59-0.560.130.45-0.29-0.1-0.56-0.2-0.43-0.48-0.73-0.37-0.33-0.52-0.57-0.3-0.420.540.46-0.24-0.620.53
-0.52-0.080.15-0.53-0.490.460.310.0-0.4-0.5-0.450.1-0.49-0.31-0.25-0.32-0.42-0.39-0.17-0.330.650.46-0.21-0.550.71
0.820.380.040.820.87-0.11-0.75-0.230.020.870.17-0.350.83-0.060.73-0.090.830.87-0.080.85-0.37-0.24-0.210.77-0.41
0.950.230.080.950.93-0.4-0.830.140.350.930.470.030.880.260.690.380.90.910.270.76-0.74-0.62-0.550.77-0.77
-0.75-0.15-0.1-0.76-0.70.60.73-0.22-0.57-0.7-0.64-0.1-0.66-0.5-0.45-0.59-0.72-0.69-0.35-0.430.640.530.71-0.41-0.77
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Sirios Resources Account Relationship Matchups

Sirios Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.3M32.3M33.8M37.5M38.2M40.1M
Other Current Liab553.0611.7K102.3K1.3M1.5M1.6M
Total Current Liabilities219.0K1.0M431.5K1.5M461.9K484.0K
Total Stockholder Equity28.6M30.7M32.2M34.6M36.0M37.8M
Property Plant And Equipment Net26.3M28.3M32.5M34.0M36.0M37.8M
Net Debt(1.6M)(3.1M)(335.6K)(2.3M)(2.1M)(2.0M)
Retained Earnings(25.9M)(27.3M)(28.1M)(27.9M)(29.0M)(27.6M)
Accounts Payable218.4K419.0K329.3K249.9K136.8K129.9K
Cash1.6M3.1M375.6K2.3M1.9M1.0M
Non Current Assets Total26.3M28.3M32.5M34.0M36.0M37.8M
Cash And Short Term Investments2.5M3.7M462.8K2.6M3.0M3.2M
Net Receivables410.5K136.2K725.7K731.4K604.0573.8
Common Stock Shares Outstanding166.0M191.5M220.1M260.1M308.7M324.2M
Liabilities And Stockholders Equity29.3M32.3M33.8M37.5M43.2M45.3M
Other Current Assets78.4K225.4K121.9K143.5K165.0K184.6K
Total Liab691.2K1.6M1.5M2.9M2.2M2.3M
Total Current Assets3.0M4.0M1.3M3.5M2.3M1.8M
Common Stock49.9M53.0M55.2M57.3M65.9M69.2M
Short Term Investments878.7K543.9K87.2K270.3K132.2K125.6K
Non Current Liabilities Total472.3K560.8K1.1M1.4M1.7M1.8M
Other Stockholder Equity4.6M5.0M5.2M5.2M4.7M9.3M
Net Tangible Assets27.5M28.5M30.7M32.2M37.1M23.8M
Property Plant Equipment26.4M26.3M28.1M32.5M37.3M21.2M
Net Invested Capital28.6M30.7M32.3M34.6M36.0M32.4M
Net Working Capital2.7M3.0M878.8K1.9M1.8M2.2M
Other Liab1.0M472.3K520.8K1.1M1.2M796.3K
Capital Stock49.9M53.0M55.2M57.3M59.7M58.9M

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