Soma Cash vs Other Current Liab Analysis

SOMA Stock

CAD 0.54 0.03 5.88%

Soma Gold financial indicator trend analysis is much more than just breaking down Soma Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soma Gold Corp is a good investment. Please check the relationship between Soma Gold Cash and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soma Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash vs Other Current Liab

Cash vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Soma Gold Corp Cash account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Soma Gold's Cash and Other Current Liab is -0.1. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Soma Gold Corp, assuming nothing else is changed. The correlation between historical values of Soma Gold's Cash and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Soma Gold Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash i.e., Soma Gold's Cash and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Soma Gold Corp, which is listed under current asset account on Soma Gold Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Soma Gold customers. The amounts must be unrestricted with restricted cash listed in a different Soma Gold account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Current Liab

Most indicators from Soma Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soma Gold Corp 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 Soma Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, Soma Gold's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.1 M in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	3.1M	3.9M	10.7M	11.2M
Total Operating Expenses	33.3M	40.3M	60.3M	63.3M

Reconciled Depreciation Total Operating Expenses

Soma Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Common Stock	Property Plant Equipment	Non Currrent Assets Other
Total Assets		0.22	0.11	0.41	0.44	-0.19	0.45	-0.49	0.78	0.33	0.68	0.63	0.76	0.69	0.87	0.69	-0.07	0.73	0.86	0.5	-0.21	0.57	0.64	0.61	-0.35	-0.65
Other Current Liab	0.22		0.76	-0.58	0.23	-0.79	-0.37	-0.73	0.18	-0.1	-0.51	-0.01	0.24	0.31	-0.03	0.23	0.91	0.12	0.62	-0.68	-0.66	0.87	0.14	0.56	-0.75	-0.33
Total Current Liabilities	0.11	0.76		-0.45	-0.28	-0.74	-0.05	-0.36	0.04	-0.17	-0.46	-0.04	-0.07	0.06	-0.3	0.03	0.84	-0.31	0.4	-0.38	-0.05	0.65	-0.3	0.25	-0.61	-0.11
Total Stockholder Equity	0.41	-0.58	-0.45		0.35	0.67	0.29	0.43	0.05	0.18	0.85	0.06	0.12	-0.12	0.39	0.17	-0.71	0.16	-0.07	0.76	0.48	-0.4	0.18	-0.35	0.59	0.07
Other Liab	0.44	0.23	-0.28	0.35		0.26	-0.47	-0.23	0.08	-0.02	0.34	-0.16	0.34	0.11	0.43	0.21	-0.02	0.54	0.32	-0.13	-0.57	0.21	0.49	0.16	0.12	-0.15
Net Tangible Assets	-0.19	-0.79	-0.74	0.67	0.26		-0.13	0.82	-0.47	-0.15	0.53	-0.43	-0.36	-0.6	-0.07	-0.48	-0.68	-0.16	-0.64	0.42	0.47	-0.84	-0.22	-0.74	0.97	0.59
Net Debt	0.45	-0.37	-0.05	0.29	-0.47	-0.13		-0.08	0.69	0.21	0.53	0.83	0.31	0.51	0.53	0.46	-0.47	0.22	0.31	0.79	0.42	-0.01	0.19	0.24	-0.18	-0.52
Retained Earnings	-0.49	-0.73	-0.36	0.43	-0.23	0.82	-0.08		-0.7	-0.3	0.21	-0.58	-0.7	-0.85	-0.5	-0.76	-0.43	-0.66	-0.84	0.32	0.8	-0.9	-0.68	-0.95	0.92	0.83
Accounts Payable	0.78	0.18	0.04	0.05	0.08	-0.47	0.69	-0.7		0.31	0.43	0.95	0.75	0.95	0.87	0.83	-0.14	0.77	0.84	0.41	-0.33	0.57	0.69	0.82	-0.63	-0.93
Cash	0.33	-0.1	-0.17	0.18	-0.02	-0.15	0.21	-0.3	0.31		0.16	0.4	0.74	0.47	0.39	0.59	-0.24	0.51	0.27	0.28	-0.09	0.26	0.67	0.45	-0.27	-0.21
Non Current Assets Total	0.68	-0.51	-0.46	0.85	0.34	0.53	0.53	0.21	0.43	0.16		0.4	0.35	0.21	0.71	0.29	-0.69	0.44	0.23	0.88	0.32	-0.21	0.33	-0.03	0.38	-0.21
Long Term Debt	0.63	-0.01	-0.04	0.06	-0.16	-0.43	0.83	-0.58	0.95	0.4	0.4		0.7	0.9	0.79	0.8	-0.28	0.65	0.68	0.51	-0.15	0.4	0.63	0.71	-0.56	-0.86
Net Receivables	0.76	0.24	-0.07	0.12	0.34	-0.36	0.31	-0.7	0.75	0.74	0.35	0.7		0.86	0.83	0.83	-0.07	0.86	0.78	0.25	-0.48	0.63	0.93	0.81	-0.55	-0.66
Common Stock Shares Outstanding	0.69	0.31	0.06	-0.12	0.11	-0.6	0.51	-0.85	0.95	0.47	0.21	0.9	0.86		0.81	0.89	-0.01	0.83	0.85	0.19	-0.53	0.68	0.81	0.94	-0.76	-0.93
Non Current Liabilities Total	0.87	-0.03	-0.3	0.39	0.43	-0.07	0.53	-0.5	0.87	0.39	0.71	0.79	0.83	0.81		0.76	-0.38	0.89	0.73	0.55	-0.32	0.36	0.82	0.64	-0.28	-0.75
Inventory	0.69	0.23	0.03	0.17	0.21	-0.48	0.46	-0.76	0.83	0.59	0.29	0.8	0.83	0.89	0.76		-0.15	0.78	0.77	0.27	-0.4	0.6	0.85	0.8	-0.64	-0.88
Other Current Assets	-0.07	0.91	0.84	-0.71	-0.02	-0.68	-0.47	-0.43	-0.14	-0.24	-0.69	-0.28	-0.07	-0.01	-0.38	-0.15		-0.24	0.31	-0.75	-0.43	0.67	-0.22	0.28	-0.57	0.02
Other Stockholder Equity	0.73	0.12	-0.31	0.16	0.54	-0.16	0.22	-0.66	0.77	0.51	0.44	0.65	0.86	0.83	0.89	0.78	-0.24		0.7	0.23	-0.61	0.48	0.92	0.78	-0.4	-0.74
Total Liab	0.86	0.62	0.4	-0.07	0.32	-0.64	0.31	-0.84	0.84	0.27	0.23	0.68	0.78	0.85	0.73	0.77	0.31	0.7		0.08	-0.53	0.88	0.65	0.87	-0.76	-0.82
Net Invested Capital	0.5	-0.68	-0.38	0.76	-0.13	0.42	0.79	0.32	0.41	0.28	0.88	0.51	0.25	0.19	0.55	0.27	-0.75	0.23	0.08		0.61	-0.32	0.17	-0.1	0.33	-0.16
Short Long Term Debt	-0.21	-0.66	-0.05	0.48	-0.57	0.47	0.42	0.8	-0.33	-0.09	0.32	-0.15	-0.48	-0.53	-0.32	-0.4	-0.43	-0.61	-0.53	0.61		-0.65	-0.6	-0.7	0.59	0.5
Total Current Assets	0.57	0.87	0.65	-0.4	0.21	-0.84	-0.01	-0.9	0.57	0.26	-0.21	0.4	0.63	0.68	0.36	0.6	0.67	0.48	0.88	-0.32	-0.65		0.48	0.85	-0.9	-0.63
Net Working Capital	0.64	0.14	-0.3	0.18	0.49	-0.22	0.19	-0.68	0.69	0.67	0.33	0.63	0.93	0.81	0.82	0.85	-0.22	0.92	0.65	0.17	-0.6	0.48		0.74	-0.43	-0.68
Common Stock	0.61	0.56	0.25	-0.35	0.16	-0.74	0.24	-0.95	0.82	0.45	-0.03	0.71	0.81	0.94	0.64	0.8	0.28	0.78	0.87	-0.1	-0.7	0.85	0.74		-0.88	-0.85
Property Plant Equipment	-0.35	-0.75	-0.61	0.59	0.12	0.97	-0.18	0.92	-0.63	-0.27	0.38	-0.56	-0.55	-0.76	-0.28	-0.64	-0.57	-0.4	-0.76	0.33	0.59	-0.9	-0.43	-0.88		0.72
Non Currrent Assets Other	-0.65	-0.33	-0.11	0.07	-0.15	0.59	-0.52	0.83	-0.93	-0.21	-0.21	-0.86	-0.66	-0.93	-0.75	-0.88	0.02	-0.74	-0.82	-0.16	0.5	-0.63	-0.68	-0.85	0.72

Click cells to compare fundamentals

Soma Gold Account Relationship Matchups

Soma Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	36.8M	32.4M	34.5M	51.5M	74.1M	49.1M
Other Current Liab	5.2M	28.0M	6.0M	5.4M	6.2M	9.9M
Total Current Liabilities	36.7M	11.7M	13.5M	12.7M	22.3M	18.8M
Total Stockholder Equity	(9.1M)	(74.2K)	(1.5M)	2.8M	14.2M	14.9M
Net Debt	9.2M	13.3M	18.9M	27.7M	28.9M	19.4M
Retained Earnings	(64.6M)	(57.8M)	(59.1M)	(58.8M)	(56.0M)	(58.8M)
Accounts Payable	2.0M	2.8M	5.0M	7.0M	7.4M	4.4M
Cash	45.1K	2.4M	251.6K	529.7K	1.8M	942.0K
Non Current Assets Total	8.1M	18.6M	24.7M	38.7M	51.4M	34.1M
Long Term Debt	9.3M	15.7M	18.7M	26.3M	25.0M	18.0M
Net Receivables	378.1K	1.2M	390.7K	1.0M	1.3M	823.2K
Common Stock Shares Outstanding	30.3M	61.6M	66.1M	91.1M	91.3M	58.3M
Non Current Liabilities Total	9.3M	20.8M	22.6M	36.0M	37.6M	26.7M
Inventory	136.1K	5.0M	4.4M	4.8M	8.2M	8.6M
Other Current Assets	649.7K	28.1M	3.1M	475.3K	546.6K	519.3K
Total Liab	46.0M	32.5M	36.0M	48.7M	59.9M	44.4M
Net Invested Capital	167.2K	15.6M	17.6M	31.0M	44.8M	24.8M
Total Current Assets	28.7M	13.8M	9.8M	12.8M	22.7M	14.9M
Net Working Capital	(8.0M)	2.2M	(3.7M)	89.1K	306.0K	321.3K
Capital Stock	42.2M	47.0M	48.1M	54.4M	54.5M	49.9M

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 Soma Stock Analysis

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