| SRL Stock | | | CAD 0.08 0.01 11.11% |
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 Total Assets and its Net Debt 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.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Salazar Resources Total Assets account and
Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Salazar Resources' Total Assets and Net Debt is -0.58. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt 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' Total Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Salazar Resources Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Salazar Resources' Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.58 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Salazar Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Salazar Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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.
Salazar Resources fundamental ratios Correlations
Click cells to compare fundamentals
Salazar Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Salazar Resources fundamental ratios Accounts
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.
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.