Snipp Capex To Depreciation vs Free Cash Flow Yield Analysis

SPN Stock

CAD 0.07 0.01 7.14%

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

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snipp Interactive Capex To Depreciation account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Snipp Interactive's Capex To Depreciation and Free Cash Flow Yield is 0.46. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Snipp Interactive, assuming nothing else is changed. The correlation between historical values of Snipp Interactive's Capex To Depreciation and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Snipp Interactive are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Capex To Depreciation i.e., Snipp Interactive's Capex To Depreciation and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

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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.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Snipp Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Snipp Interactive 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 Snipp Interactive. 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 drop to about 10.4 M in 2024. Tax Provision is likely to drop to about 24.4 K in 2024

	2022	2023	2024 (projected)
Tax Provision	30.3K	40.9K	24.4K
Interest Income	54.6K	131.8K	138.4K

Tax Provision Interest Income

Snipp Interactive fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Intangible Assets	Other Liab	Net Tangible Assets	Inventory	Other Current Assets	Property Plant Equipment
Total Assets		0.25	0.88	0.97	0.55	-0.57	-0.57	0.75	0.75	0.91	0.62	0.89	0.95	0.75	0.33	0.87	0.97	0.6	-0.5	0.72	0.76	0.61	0.2	0.45	0.49	0.66
Other Current Liab	0.25		-0.04	0.32	-0.24	-0.43	0.38	0.41	0.41	0.09	-0.29	0.08	0.24	-0.23	-0.04	-0.08	0.25	-0.25	0.41	-0.27	-0.25	0.13	0.71	-0.22	-0.17	0.63
Total Current Liabilities	0.88	-0.04		0.76	0.76	-0.49	-0.8	0.68	0.68	0.84	0.82	0.97	0.9	0.91	0.39	0.94	0.81	0.69	-0.64	0.88	0.79	0.68	-0.21	0.26	0.62	0.4
Total Stockholder Equity	0.97	0.32	0.76		0.4	-0.53	-0.43	0.69	0.69	0.88	0.49	0.74	0.89	0.63	0.26	0.78	0.97	0.51	-0.46	0.6	0.71	0.47	0.38	0.53	0.38	0.71
Current Deferred Revenue	0.55	-0.24	0.76	0.4		-0.49	-0.85	0.55	0.55	0.47	0.75	0.74	0.65	0.78	0.76	0.67	0.45	0.88	-0.5	0.73	0.45	0.52	-0.56	0.07	0.89	-0.09
Net Debt	-0.57	-0.43	-0.49	-0.53	-0.49		0.41	-0.94	-0.94	-0.26	-0.48	-0.55	-0.74	-0.48	-0.25	-0.5	-0.4	-0.48	0.08	-0.41	-0.02	-0.43	0.0	0.04	-0.49	-0.15
Retained Earnings	-0.57	0.38	-0.8	-0.43	-0.85	0.41		-0.44	-0.44	-0.54	-0.96	-0.74	-0.63	-0.94	-0.47	-0.85	-0.49	-0.89	0.71	-0.93	-0.65	-0.6	0.57	-0.32	-0.73	0.13
Cash	0.75	0.41	0.68	0.69	0.55	-0.94	-0.44		1.0	0.49	0.53	0.74	0.89	0.57	0.25	0.64	0.6	0.47	-0.19	0.51	0.23	0.52	0.03	0.0	0.5	0.36
Cash And Short Term Investments	0.75	0.41	0.68	0.69	0.55	-0.94	-0.44	1.0		0.49	0.53	0.74	0.89	0.57	0.25	0.64	0.6	0.47	-0.19	0.51	0.23	0.52	0.03	0.0	0.5	0.36
Net Receivables	0.91	0.09	0.84	0.88	0.47	-0.26	-0.54	0.49	0.49		0.55	0.82	0.82	0.68	0.21	0.82	0.92	0.5	-0.61	0.67	0.89	0.58	0.14	0.44	0.4	0.7
Common Stock Shares Outstanding	0.62	-0.29	0.82	0.49	0.75	-0.48	-0.96	0.53	0.53	0.55		0.77	0.7	0.97	0.32	0.87	0.52	0.82	-0.71	0.94	0.62	0.63	-0.48	0.34	0.65	-0.08
Total Liab	0.89	0.08	0.97	0.74	0.74	-0.55	-0.74	0.74	0.74	0.82	0.77		0.92	0.86	0.42	0.89	0.8	0.66	-0.5	0.81	0.71	0.76	-0.17	0.21	0.62	0.43
Total Current Assets	0.95	0.24	0.9	0.89	0.65	-0.74	-0.63	0.89	0.89	0.82	0.7	0.92		0.78	0.32	0.86	0.85	0.64	-0.47	0.74	0.62	0.65	0.03	0.27	0.59	0.52
Common Stock	0.75	-0.23	0.91	0.63	0.78	-0.48	-0.94	0.57	0.57	0.68	0.97	0.86	0.78		0.41	0.93	0.68	0.84	-0.71	0.98	0.73	0.64	-0.37	0.41	0.68	0.08
Property Plant And Equipment Net	0.33	-0.04	0.39	0.26	0.76	-0.25	-0.47	0.25	0.25	0.21	0.32	0.42	0.32	0.41		0.29	0.35	0.71	-0.07	0.37	0.2	0.26	-0.22	0.15	0.75	-0.06
Accounts Payable	0.87	-0.08	0.94	0.78	0.67	-0.5	-0.85	0.64	0.64	0.82	0.87	0.89	0.86	0.93	0.29		0.82	0.72	-0.73	0.92	0.84	0.65	-0.15	0.44	0.53	0.34
Non Current Assets Total	0.97	0.25	0.81	0.97	0.45	-0.4	-0.49	0.6	0.6	0.92	0.52	0.8	0.85	0.68	0.35	0.82		0.54	-0.49	0.66	0.81	0.54	0.33	0.56	0.39	0.72
Short Term Investments	0.6	-0.25	0.69	0.51	0.88	-0.48	-0.89	0.47	0.47	0.5	0.82	0.66	0.64	0.84	0.71	0.72	0.54		-0.54	0.82	0.52	0.51	-0.4	0.4	0.88	-0.1
Non Current Liabilities Total	-0.5	0.41	-0.64	-0.46	-0.5	0.08	0.71	-0.19	-0.19	-0.61	-0.71	-0.5	-0.47	-0.71	-0.07	-0.73	-0.49	-0.54		-0.69	-0.74	-0.25	0.27	-0.38	-0.35	-0.09
Other Stockholder Equity	0.72	-0.27	0.88	0.6	0.73	-0.41	-0.93	0.51	0.51	0.67	0.94	0.81	0.74	0.98	0.37	0.92	0.66	0.82	-0.69		0.73	0.55	-0.35	0.4	0.65	0.08
Intangible Assets	0.76	-0.25	0.79	0.71	0.45	-0.02	-0.65	0.23	0.23	0.89	0.62	0.71	0.62	0.73	0.2	0.84	0.81	0.52	-0.74	0.73		0.54	-0.02	0.6	0.3	0.46
Other Liab	0.61	0.13	0.68	0.47	0.52	-0.43	-0.6	0.52	0.52	0.58	0.63	0.76	0.65	0.64	0.26	0.65	0.54	0.51	-0.25	0.55	0.54		-0.25	0.24	0.44	0.24
Net Tangible Assets	0.2	0.71	-0.21	0.38	-0.56	0.0	0.57	0.03	0.03	0.14	-0.48	-0.17	0.03	-0.37	-0.22	-0.15	0.33	-0.4	0.27	-0.35	-0.02	-0.25		0.17	-0.49	0.72
Inventory	0.45	-0.22	0.26	0.53	0.07	0.04	-0.32	0.0	0.0	0.44	0.34	0.21	0.27	0.41	0.15	0.44	0.56	0.4	-0.38	0.4	0.6	0.24	0.17		0.16	0.11
Other Current Assets	0.49	-0.17	0.62	0.38	0.89	-0.49	-0.73	0.5	0.5	0.4	0.65	0.62	0.59	0.68	0.75	0.53	0.39	0.88	-0.35	0.65	0.3	0.44	-0.49	0.16		-0.11
Property Plant Equipment	0.66	0.63	0.4	0.71	-0.09	-0.15	0.13	0.36	0.36	0.7	-0.08	0.43	0.52	0.08	-0.06	0.34	0.72	-0.1	-0.09	0.08	0.46	0.24	0.72	0.11	-0.11

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Snipp Interactive Account Relationship Matchups

Snipp Interactive fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.8M	6.3M	7.5M	15.5M	13.4M	9.6M
Other Current Liab	49.3K	19.5K	3.2K	34.3K	58.3K	55.4K
Total Current Liabilities	4.4M	4.8M	3.9M	6.2M	6.5M	4.0M
Total Stockholder Equity	2.4M	1.5M	3.6M	9.3M	6.4M	5.2M
Current Deferred Revenue	1.8M	1.7M	1.9M	2.8M	3.7M	3.9M
Net Debt	(848.7K)	(1.6M)	(1.7M)	(5.6M)	(2.4M)	(2.5M)
Retained Earnings	(31.5M)	(32.8M)	(30.7M)	(33.5M)	(36.9M)	(35.1M)
Cash	848.7K	1.9M	1.7M	5.6M	2.9M	2.1M
Cash And Short Term Investments	848.7K	1.9M	1.7M	5.6M	2.9M	2.1M
Net Receivables	2.1M	1.2M	2.2M	2.5M	2.1M	2.1M
Common Stock Shares Outstanding	226.2M	229.3M	248.6M	271.9M	282.3M	169.6M
Liabilities And Stockholders Equity	6.8M	6.3M	7.5M	15.5M	13.4M	9.6M
Total Liab	4.4M	4.8M	3.9M	6.2M	7.0M	4.3M
Total Current Assets	3.4M	3.6M	4.9M	9.1M	6.5M	4.7M
Accumulated Other Comprehensive Income	(1.3M)	(1.1M)	(1.3M)	(1.7M)	5.2M	5.5M
Property Plant And Equipment Net	21.8K	17.5K	19.1K	22.1K	560.6K	588.6K
Accounts Payable	2.5M	2.7M	2.0M	3.3M	2.7M	2.2M
Non Current Assets Total	3.4M	2.7M	2.6M	6.4M	7.0M	5.3M
Short Term Investments	435.6K	421.0K	908.7K	805.9K	1.2M	1.3M
Other Stockholder Equity	5.7M	5.8M	5.9M	6.5M	7.5M	4.7M
Intangible Assets	3.4M	2.7M	2.2M	2.6M	2.8M	2.9M
Net Tangible Assets	285.5K	1.2M	(983.7K)	(1.2M)	(1.1M)	(1.0M)
Property Plant Equipment	66.3K	43.4K	21.8K	17.5K	15.8K	15.0K
Non Currrent Assets Other	(3.4M)	(2.7M)	300K	240.5K	67.9K	64.5K
Net Invested Capital	2.4M	1.8M	3.6M	9.3M	6.4M	4.9M
Net Working Capital	(1.0M)	(1.2M)	999.5K	2.9M	(33.1K)	(31.4K)

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