Southern Net Debt vs Short Term Investments Analysis

SXG Stock

3.09 0.14 4.33%

Southern Cross financial indicator trend analysis is much more than just breaking down Southern Cross Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Cross Gold is a good investment. Please check the relationship between Southern Cross Net Debt and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Cross Gold. 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.

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Cross Gold Net Debt account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Southern Cross' Net Debt and Short Term Investments is 0.7. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Southern Cross Gold, assuming nothing else is changed. The correlation between historical values of Southern Cross' Net Debt and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Southern Cross Gold are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Debt i.e., Southern Cross' Net Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Short Term Investments

Short Term Investments is an item under the current assets section of Southern Cross balance sheet. It contains any investments Southern Cross Gold undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Southern Cross Gold can easily liquidate in the marketplace.

Most indicators from Southern Cross' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Cross Gold 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 Southern Cross Gold. 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 gain to about 1.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 11.6 M in 2024.

	2010	2022	2023	2024 (projected)
Total Operating Expenses	867.8K	3.4M	5.0M	3.4M
Cost Of Revenue	23.5K	69.7K	176.1K	98.7K

Total Operating Expenses Cost Of Revenue

Southern Cross fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Current Deferred Revenue
Total Assets		1.0	0.98	1.0	0.99	0.55	-0.94	-0.95	0.84	0.94	0.98	0.65	-0.75	0.94	1.0	0.93	-0.86	0.87	-0.85	-0.1	0.98	0.94	1.0	0.99	-0.65	0.87
Other Current Liab	1.0		0.98	1.0	0.99	0.54	-0.92	-0.94	0.83	0.93	0.98	0.63	-0.72	0.93	1.0	0.92	-0.85	0.88	-0.83	-0.1	0.97	0.93	1.0	0.99	-0.61	0.88
Total Current Liabilities	0.98	0.98		0.98	0.98	0.7	-0.98	-0.89	0.93	0.99	0.92	0.5	-0.67	0.99	0.99	0.88	-0.76	0.76	-0.92	0.08	1.0	0.99	0.96	0.98	-0.59	0.76
Total Stockholder Equity	1.0	1.0	0.98		0.99	0.53	-0.93	-0.96	0.84	0.93	0.98	0.66	-0.75	0.93	1.0	0.94	-0.87	0.88	-0.84	-0.12	0.97	0.93	1.0	0.99	-0.65	0.88
Net Tangible Assets	0.99	0.99	0.98	0.99		0.62	-0.93	-0.9	0.86	0.94	0.96	0.53	-0.63	0.94	0.99	0.86	-0.78	0.82	-0.84	0.01	0.98	0.94	0.98	1.0	-0.52	0.82
Property Plant And Equipment Net	0.55	0.54	0.7	0.53	0.62		-0.76	-0.31	0.88	0.78	0.38	-0.26	-0.06	0.78	0.6	0.31	-0.07	0.07	-0.82	0.77	0.71	0.78	0.48	0.62	-0.05	0.07
Net Debt	-0.94	-0.92	-0.98	-0.93	-0.93	-0.76		0.85	-0.97	-1.0	-0.85	-0.43	0.67	-1.0	-0.95	-0.86	0.7	-0.66	0.98	-0.17	-0.98	-1.0	-0.9	-0.93	0.63	-0.65
Retained Earnings	-0.95	-0.94	-0.89	-0.96	-0.9	-0.31	0.85		-0.71	-0.84	-0.97	-0.83	0.9	-0.84	-0.93	-0.99	0.97	-0.94	0.76	0.36	-0.88	-0.84	-0.96	-0.9	0.82	-0.93
Accounts Payable	0.84	0.83	0.93	0.84	0.86	0.88	-0.97	-0.71		0.98	0.72	0.22	-0.52	0.98	0.87	0.72	-0.52	0.48	-0.99	0.39	0.94	0.98	0.79	0.86	-0.49	0.47
Cash	0.94	0.93	0.99	0.93	0.94	0.78	-1.0	-0.84	0.98		0.85	0.4	-0.64	1.0	0.95	0.84	-0.68	0.65	-0.97	0.2	0.99	1.0	0.9	0.94	-0.59	0.65
Non Current Assets Total	0.98	0.98	0.92	0.98	0.96	0.38	-0.85	-0.97	0.72	0.85		0.75	-0.77	0.85	0.97	0.94	-0.92	0.95	-0.73	-0.28	0.91	0.85	0.99	0.96	-0.65	0.95
Non Currrent Assets Other	0.65	0.63	0.5	0.66	0.53	-0.26	-0.43	-0.83	0.22	0.4	0.75		-0.9	0.4	0.6	0.83	-0.95	0.9	-0.31	-0.81	0.48	0.41	0.69	0.53	-0.83	0.89
Other Assets	-0.75	-0.72	-0.67	-0.75	-0.63	-0.06	0.67	0.9	-0.52	-0.64	-0.77	-0.9		-0.64	-0.71	-0.94	0.94	-0.82	0.63	0.55	-0.66	-0.64	-0.75	-0.63	0.98	-0.8
Cash And Short Term Investments	0.94	0.93	0.99	0.93	0.94	0.78	-1.0	-0.84	0.98	1.0	0.85	0.4	-0.64		0.95	0.84	-0.68	0.65	-0.97	0.2	0.99	1.0	0.9	0.94	-0.59	0.65
Net Receivables	1.0	1.0	0.99	1.0	0.99	0.6	-0.95	-0.93	0.87	0.95	0.97	0.6	-0.71	0.95		0.91	-0.82	0.84	-0.87	-0.04	0.99	0.95	0.99	0.99	-0.61	0.84
Common Stock Shares Outstanding	0.93	0.92	0.88	0.94	0.86	0.31	-0.86	-0.99	0.72	0.84	0.94	0.83	-0.94	0.84	0.91		-0.96	0.91	-0.78	-0.36	0.87	0.84	0.94	0.86	-0.87	0.9
Short Term Investments	-0.86	-0.85	-0.76	-0.87	-0.78	-0.07	0.7	0.97	-0.52	-0.68	-0.92	-0.95	0.94	-0.68	-0.82	-0.96		-0.97	0.59	0.58	-0.74	-0.68	-0.88	-0.77	0.85	-0.96
Inventory	0.87	0.88	0.76	0.88	0.82	0.07	-0.66	-0.94	0.48	0.65	0.95	0.9	-0.82	0.65	0.84	0.91	-0.97		-0.52	-0.56	0.74	0.66	0.91	0.82	-0.7	1.0
Other Current Assets	-0.85	-0.83	-0.92	-0.84	-0.84	-0.82	0.98	0.76	-0.99	-0.97	-0.73	-0.31	0.63	-0.97	-0.87	-0.78	0.59	-0.52		-0.29	-0.93	-0.97	-0.8	-0.84	0.61	-0.5
Other Stockholder Equity	-0.1	-0.1	0.08	-0.12	0.01	0.77	-0.17	0.36	0.39	0.2	-0.28	-0.81	0.55	0.2	-0.04	-0.36	0.58	-0.56	-0.29		0.11	0.2	-0.17	0.02	0.5	-0.56
Total Liab	0.98	0.97	1.0	0.97	0.98	0.71	-0.98	-0.88	0.94	0.99	0.91	0.48	-0.66	0.99	0.99	0.87	-0.74	0.74	-0.93	0.11		0.99	0.95	0.98	-0.58	0.74
Total Current Assets	0.94	0.93	0.99	0.93	0.94	0.78	-1.0	-0.84	0.98	1.0	0.85	0.41	-0.64	1.0	0.95	0.84	-0.68	0.66	-0.97	0.2	0.99		0.91	0.94	-0.59	0.65
Common Stock	1.0	1.0	0.96	1.0	0.98	0.48	-0.9	-0.96	0.79	0.9	0.99	0.69	-0.75	0.9	0.99	0.94	-0.88	0.91	-0.8	-0.17	0.95	0.91		0.98	-0.65	0.91
Property Plant Equipment	0.99	0.99	0.98	0.99	1.0	0.62	-0.93	-0.9	0.86	0.94	0.96	0.53	-0.63	0.94	0.99	0.86	-0.77	0.82	-0.84	0.02	0.98	0.94	0.98		-0.52	0.82
Short Long Term Debt Total	-0.65	-0.61	-0.59	-0.65	-0.52	-0.05	0.63	0.82	-0.49	-0.59	-0.65	-0.83	0.98	-0.59	-0.61	-0.87	0.85	-0.7	0.61	0.5	-0.58	-0.59	-0.65	-0.52		-0.67
Current Deferred Revenue	0.87	0.88	0.76	0.88	0.82	0.07	-0.65	-0.93	0.47	0.65	0.95	0.89	-0.8	0.65	0.84	0.9	-0.96	1.0	-0.5	-0.56	0.74	0.65	0.91	0.82	-0.67

Click cells to compare fundamentals

Southern Cross Account Relationship Matchups

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 Southern Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Southern Net Debt vs Short Term Investments Analysis

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Short Term Investments

Southern Cross fundamental ratios Correlations

Southern Cross Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Southern Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Current Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Other Current Liab
Net Receivables	+ 1.0	Other Current Liab

Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Other Current Assets	- 0.99	Accounts Payable
Common Stock Shares Outstanding	- 0.99	Retained Earnings
Total Liab	- 0.98	Net Debt