Southern Net Receivables vs Cash And 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 Receivables and its Cash And 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 Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And 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 Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Southern Cross' Net Receivables and Cash And Short Term Investments is 0.95. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And 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 Receivables and Cash 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 Receivables of Southern Cross Gold are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., Southern Cross' Net Receivables and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Receivables

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Southern Cross Gold balance sheet. This account contains Southern Cross investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Southern Cross Gold fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

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Southern Net Receivables vs Cash And Short Term Investments Analysis

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Receivables

Cash And Short Term Investments

Southern Cross fundamental ratios Correlations

Southern Cross Account Relationship Matchups

High Positive Relationship

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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