SPC Ev To Operating Cash Flow vs Capex To Depreciation Analysis

SPC Stock

0.03 0.01 25.00%

SPC Nickel financial indicator trend analysis is much more than just breaking down SPC Nickel Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SPC Nickel Corp is a good investment. Please check the relationship between SPC Nickel Ev To Operating Cash Flow and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPC Nickel 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 board of governors.

Ev To Operating Cash Flow vs Capex To Depreciation

Ev To Operating Cash Flow vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SPC Nickel Corp Ev To Operating Cash Flow account and Capex To Depreciation. At this time, the significance of the direction appears to have pay attention.

The correlation between SPC Nickel's Ev To Operating Cash Flow and Capex To Depreciation is -0.87. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of SPC Nickel Corp, assuming nothing else is changed. The correlation between historical values of SPC Nickel's Ev To Operating Cash Flow and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Operating Cash Flow of SPC Nickel Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ev To Operating Cash Flow i.e., SPC Nickel's Ev To Operating Cash Flow and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

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Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from SPC Nickel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SPC Nickel 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 SPC Nickel 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 board of governors.

At this time, SPC Nickel's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 12.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 925.9 K in 2024.

SPC Nickel fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Total Assets	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Inventory	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Short Long Term Debt Total	Other Assets	Short Term Debt	Property Plant Equipment
Other Current Liab		0.97	0.88	-0.71	0.82	0.96	0.83	0.54	0.82	0.79	0.8	0.59	-0.69	0.65	0.65	0.77	0.79	0.99	0.59	0.79	0.58	-0.59	-0.36	0.6	-0.51
Total Current Liabilities	0.97		0.74	-0.58	0.81	0.97	0.73	0.44	0.7	0.66	0.72	0.52	-0.63	0.58	0.58	0.66	0.67	0.93	0.52	0.67	0.51	-0.49	-0.31	0.51	-0.4
Net Tangible Assets	0.88	0.74		-0.87	0.69	0.77	0.94	0.73	0.92	0.94	0.86	0.69	-0.74	0.7	0.7	0.91	0.94	0.92	0.69	0.92	0.67	-0.71	-0.39	0.7	-0.7
Retained Earnings	-0.71	-0.58	-0.87		-0.38	-0.67	-0.93	-0.95	-0.69	-0.94	-0.63	-0.38	0.4	-0.38	-0.38	-0.96	-0.96	-0.78	-0.38	-0.96	-0.36	0.94	0.61	-0.88	0.92
Accounts Payable	0.82	0.81	0.69	-0.38		0.68	0.49	0.2	0.86	0.44	0.91	0.85	-0.9	0.89	0.89	0.4	0.46	0.82	0.85	0.42	0.84	-0.14	-0.21	0.12	-0.17
Net Receivables	0.96	0.97	0.77	-0.67	0.68		0.81	0.54	0.65	0.76	0.63	0.39	-0.51	0.45	0.45	0.76	0.75	0.93	0.39	0.77	0.37	-0.63	-0.35	0.66	-0.51
Other Current Assets	0.83	0.73	0.94	-0.93	0.49	0.81		0.86	0.76	0.99	0.7	0.48	-0.54	0.49	0.49	0.99	0.99	0.87	0.48	0.99	0.46	-0.86	-0.42	0.86	-0.81
Other Stockholder Equity	0.54	0.44	0.73	-0.95	0.2	0.54	0.86		0.54	0.87	0.5	0.24	-0.25	0.23	0.23	0.91	0.9	0.62	0.24	0.91	0.22	-0.95	-0.7	0.91	-0.98
Total Current Assets	0.82	0.7	0.92	-0.69	0.86	0.65	0.76	0.54		0.76	0.98	0.9	-0.92	0.91	0.91	0.71	0.77	0.87	0.9	0.73	0.89	-0.45	-0.32	0.42	-0.51
Common Stock	0.79	0.66	0.94	-0.94	0.44	0.76	0.99	0.87	0.76		0.67	0.45	-0.51	0.46	0.46	0.99	0.99	0.84	0.45	0.99	0.43	-0.89	-0.47	0.89	-0.84
Total Assets	0.8	0.72	0.86	-0.63	0.91	0.63	0.7	0.5	0.98	0.67		0.92	-0.94	0.94	0.94	0.64	0.71	0.85	0.92	0.66	0.92	-0.39	-0.36	0.35	-0.47
Total Stockholder Equity	0.59	0.52	0.69	-0.38	0.85	0.39	0.48	0.24	0.9	0.45	0.92		-0.98	1.0	1.0	0.39	0.49	0.64	1.0	0.41	1.0	-0.07	-0.04	0.03	-0.17
Net Debt	-0.69	-0.63	-0.74	0.4	-0.9	-0.51	-0.54	-0.25	-0.92	-0.51	-0.94	-0.98		-0.99	-0.99	-0.45	-0.54	-0.72	-0.98	-0.47	-0.98	0.12	0.05	-0.1	0.19
Cash	0.65	0.58	0.7	-0.38	0.89	0.45	0.49	0.23	0.91	0.46	0.94	1.0	-0.99		1.0	0.4	0.49	0.68	1.0	0.42	0.99	-0.08	-0.05	0.04	-0.16
Cash And Short Term Investments	0.65	0.58	0.7	-0.38	0.89	0.45	0.49	0.23	0.91	0.46	0.94	1.0	-0.99	1.0		0.4	0.49	0.68	1.0	0.42	0.99	-0.08	-0.05	0.04	-0.16
Common Stock Shares Outstanding	0.77	0.66	0.91	-0.96	0.4	0.76	0.99	0.91	0.71	0.99	0.64	0.39	-0.45	0.4	0.4		0.99	0.82	0.39	1.0	0.37	-0.92	-0.52	0.92	-0.88
Inventory	0.79	0.67	0.94	-0.96	0.46	0.75	0.99	0.9	0.77	0.99	0.71	0.49	-0.54	0.49	0.49	0.99		0.84	0.49	1.0	0.47	-0.89	-0.49	0.87	-0.86
Total Liab	0.99	0.93	0.92	-0.78	0.82	0.93	0.87	0.62	0.87	0.84	0.85	0.64	-0.72	0.68	0.68	0.82	0.84		0.64	0.83	0.62	-0.65	-0.43	0.64	-0.6
Net Invested Capital	0.59	0.52	0.69	-0.38	0.85	0.39	0.48	0.24	0.9	0.45	0.92	1.0	-0.98	1.0	1.0	0.39	0.49	0.64		0.41	1.0	-0.07	-0.04	0.03	-0.17
Capital Stock	0.79	0.67	0.92	-0.96	0.42	0.77	0.99	0.91	0.73	0.99	0.66	0.41	-0.47	0.42	0.42	1.0	1.0	0.83	0.41		0.39	-0.92	-0.53	0.92	-0.88
Net Working Capital	0.58	0.51	0.67	-0.36	0.84	0.37	0.46	0.22	0.89	0.43	0.92	1.0	-0.98	0.99	0.99	0.37	0.47	0.62	1.0	0.39		-0.05	-0.03	0.01	-0.15
Short Long Term Debt Total	-0.59	-0.49	-0.71	0.94	-0.14	-0.63	-0.86	-0.95	-0.45	-0.89	-0.39	-0.07	0.12	-0.08	-0.08	-0.92	-0.89	-0.65	-0.07	-0.92	-0.05		0.68	-0.98	0.96
Other Assets	-0.36	-0.31	-0.39	0.61	-0.21	-0.35	-0.42	-0.7	-0.32	-0.47	-0.36	-0.04	0.05	-0.05	-0.05	-0.52	-0.49	-0.43	-0.04	-0.53	-0.03	0.68		-0.65	0.8
Short Term Debt	0.6	0.51	0.7	-0.88	0.12	0.66	0.86	0.91	0.42	0.89	0.35	0.03	-0.1	0.04	0.04	0.92	0.87	0.64	0.03	0.92	0.01	-0.98	-0.65		-0.92
Property Plant Equipment	-0.51	-0.4	-0.7	0.92	-0.17	-0.51	-0.81	-0.98	-0.51	-0.84	-0.47	-0.17	0.19	-0.16	-0.16	-0.88	-0.86	-0.6	-0.17	-0.88	-0.15	0.96	0.8	-0.92

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SPC Nickel Account Relationship Matchups

SPC Nickel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	144.7K	1.2M	282.9K	771.2K	886.9K	562.6K
Total Current Liabilities	144.7K	1.2M	310.4K	802.5K	922.8K	627.2K
Retained Earnings	(9.2M)	(13.5M)	(17.4M)	(21.6M)	(19.5M)	(20.5M)
Net Receivables	20.7K	369.6K	60.9K	319.1K	367.0K	191.6K
Other Current Assets	8.1K	82.9K	90.4K	111.7K	128.5K	67.9K
Total Current Assets	1.8M	5.9M	4.1M	2.6M	3.0M	3.4M
Common Stock	10.2M	16.8M	19.2M	21.4M	24.6M	16.7M

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