Salazar Non Currrent Assets Other vs Common Stock Analysis

SRL Stock  CAD 0.08  0.00  0.00%   
Salazar Resources financial indicator trend analysis is much more than just breaking down Salazar Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salazar Resources is a good investment. Please check the relationship between Salazar Resources Non Currrent Assets Other and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Salazar Resources Limited. 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.

Non Currrent Assets Other vs Common Stock

Non Currrent Assets Other vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Salazar Resources Non Currrent Assets Other account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Salazar Resources' Non Currrent Assets Other and Common Stock is -0.47. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock in the same time period over historical financial statements of Salazar Resources Limited, assuming nothing else is changed. The correlation between historical values of Salazar Resources' Non Currrent Assets Other and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Salazar Resources Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Currrent Assets Other i.e., Salazar Resources' Non Currrent Assets Other and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock

Most indicators from Salazar Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salazar 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 Salazar Resources Limited. 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, Salazar Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 13 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 388.1 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income22.3K31.4K67.1K38.0K
Net Interest Income22.3K31.4K67.1K43.5K

Salazar Resources fundamental ratios Correlations

-0.020.150.990.19-0.58-0.650.380.610.930.460.62-0.310.140.570.090.460.540.61-0.470.660.380.670.520.62-0.39
-0.020.57-0.10.070.42-0.19-0.6-0.290.13-0.30.00.350.57-0.330.17-0.34-0.190.130.48-0.260.7-0.230.27-0.01-0.07
0.150.570.020.440.27-0.180.09-0.150.14-0.020.00.041.00.080.140.450.060.140.33-0.20.630.040.28-0.170.4
0.99-0.10.020.14-0.62-0.630.370.630.920.460.62-0.320.010.560.070.410.540.59-0.520.70.30.670.490.65-0.44
0.190.070.440.140.020.190.110.030.220.02-0.430.480.43-0.080.70.37-0.480.150.27-0.51-0.04-0.37-0.25-0.610.73
-0.580.420.27-0.620.020.23-0.38-0.98-0.3-0.89-0.430.570.27-0.870.08-0.46-0.43-0.040.72-0.59-0.04-0.66-0.4-0.450.2
-0.65-0.19-0.18-0.630.190.23-0.28-0.24-0.66-0.14-0.930.41-0.19-0.37-0.06-0.21-0.62-0.80.55-0.62-0.63-0.66-0.84-0.750.47
0.38-0.60.090.370.11-0.38-0.280.290.190.420.36-0.490.090.59-0.190.740.570.16-0.640.43-0.190.540.190.240.12
0.61-0.29-0.150.630.03-0.98-0.240.290.330.910.42-0.54-0.150.87-0.050.470.410.04-0.640.560.180.650.460.44-0.19
0.930.130.140.920.22-0.3-0.660.190.330.120.55-0.080.130.240.180.260.370.72-0.270.520.360.480.410.55-0.42
0.46-0.3-0.020.460.02-0.89-0.140.420.910.120.31-0.53-0.020.93-0.040.480.49-0.05-0.570.490.140.60.390.32-0.05
0.620.00.00.62-0.43-0.43-0.930.360.420.550.31-0.650.010.56-0.210.240.780.63-0.730.780.520.830.860.89-0.61
-0.310.350.04-0.320.480.570.41-0.49-0.54-0.08-0.53-0.650.04-0.730.54-0.45-0.720.030.72-0.69-0.18-0.78-0.56-0.660.39
0.140.571.00.010.430.27-0.190.09-0.150.13-0.020.010.040.080.140.450.060.150.33-0.20.630.050.29-0.170.4
0.57-0.330.080.56-0.08-0.87-0.370.590.870.240.930.56-0.730.08-0.190.640.710.1-0.710.640.240.810.570.51-0.15
0.090.170.140.070.70.08-0.06-0.19-0.050.18-0.04-0.210.540.14-0.19-0.14-0.450.480.26-0.440.04-0.38-0.13-0.470.48
0.46-0.340.450.410.37-0.46-0.210.740.470.260.480.24-0.450.450.64-0.140.360.05-0.40.30.150.550.30.10.34
0.54-0.190.060.54-0.48-0.43-0.620.570.410.370.490.78-0.720.060.71-0.450.360.33-0.620.80.290.880.610.8-0.54
0.610.130.140.590.15-0.04-0.80.160.040.72-0.050.630.030.150.10.480.050.33-0.230.30.380.340.470.39-0.24
-0.470.480.33-0.520.270.720.55-0.64-0.64-0.27-0.57-0.730.720.33-0.710.26-0.4-0.62-0.23-0.65-0.05-0.69-0.6-0.660.38
0.66-0.26-0.20.7-0.51-0.59-0.620.430.560.520.490.78-0.69-0.20.64-0.440.30.80.3-0.650.230.890.560.9-0.69
0.380.70.630.3-0.04-0.04-0.63-0.190.180.360.140.52-0.180.630.240.040.150.290.38-0.050.230.350.820.43-0.24
0.67-0.230.040.67-0.37-0.66-0.660.540.650.480.60.83-0.780.050.81-0.380.550.880.34-0.690.890.350.680.82-0.45
0.520.270.280.49-0.25-0.4-0.840.190.460.410.390.86-0.560.290.57-0.130.30.610.47-0.60.560.820.680.73-0.42
0.62-0.01-0.170.65-0.61-0.45-0.750.240.440.550.320.89-0.66-0.170.51-0.470.10.80.39-0.660.90.430.820.73-0.85
-0.39-0.070.4-0.440.730.20.470.12-0.19-0.42-0.05-0.610.390.4-0.150.480.34-0.54-0.240.38-0.69-0.24-0.45-0.42-0.85
Click cells to compare fundamentals

Salazar Resources Account Relationship Matchups

Salazar Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.3M26.1M29.2M29.3M23.8M15.3M
Total Current Liabilities752.0K2.3M401.9K619.6K459.3K757.1K
Total Stockholder Equity25.5M23.8M28.8M28.7M23.4M14.5M
Property Plant And Equipment Net21.0M22.0M8.9M8.5M892.1K847.5K
Net Debt(4.1M)(1.3M)(3.7M)(2.2M)(609.3K)(639.8K)
Retained Earnings(25.5M)(26.5M)(23.8M)(27.7M)(33.4M)(31.7M)
Accounts Payable463.8K2.1M305.8K619.6K712.6K413.4K
Cash4.1M1.3M3.7M2.2M609.3K578.8K
Non Current Assets Total21.0M22.0M24.0M25.4M22.0M14.8M
Cash And Short Term Investments4.1M1.3M3.7M2.2M609.3K578.8K
Common Stock Shares Outstanding126.5M127.1M145.7M155.2M183.9M193.0M
Liabilities And Stockholders Equity26.3M26.1M29.2M29.3M23.8M15.3M
Other Stockholder Equity5.8M5.8M5.7M6.0M5.4M5.1M
Total Liab752.0K2.3M401.9K619.6K459.3K820.6K
Total Current Assets5.2M4.1M5.2M3.8M1.8M2.7M
Non Currrent Assets Other16.7M16.1M21.0M6.7M7.7M9.6M
Other Current Assets596.2K1.2M278.9K149.8K63.9K60.7K
Accumulated Other Comprehensive Income6.1M5.3M95.7K963.0K6.9M3.6M
Net Receivables141.2K571.3K537.0K935.5K673.6K707.3K
Net Tangible Assets25.6M25.5M23.8M28.7M33.0M23.6M
Property Plant Equipment20.0M21.0M22.0M8.5M7.6M14.6M
Inventory397.9K945.3K623.8K576.5K448.2K607.3K
Net Invested Capital25.5M23.8M28.8M28.7M23.4M26.6M
Net Working Capital4.5M1.8M4.8M3.2M1.3M2.5M

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 Salazar Stock Analysis

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