| SWA Stock | | | CAD 0.03 0.01 25.00% |
Sarama Resource financial indicator trend analysis is much more than just breaking down Sarama Resource prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sarama Resource is a good investment. Please check the relationship between Sarama Resource Total Assets and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sarama Resource. 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 Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sarama Resource Total Assets account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sarama Resource's Total Assets and Cash is 0.59. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Sarama Resource, assuming nothing else is changed. The correlation between historical values of Sarama Resource's Total Assets and Cash 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 Sarama Resource are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., Sarama Resource's Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.59 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Sarama Resource 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 Sarama Resource 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.
Cash
Cash refers to the most liquid asset of Sarama Resource, which is listed under current asset account on Sarama Resource balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sarama Resource customers. The amounts must be unrestricted with restricted cash listed in a different Sarama Resource 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.
Most indicators from Sarama Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sarama Resource 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 Sarama Resource. 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, Sarama Resource's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 2.4
M in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(3.08).
Sarama Resource fundamental ratios Correlations
Click cells to compare fundamentals
Sarama Resource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sarama Resource fundamental ratios Accounts
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Additional Tools for Sarama Stock Analysis
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measure Sarama Resource'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 Sarama Resource is operating at the current time. Most of Sarama Resource's value examination focuses on studying past and present price action to
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