Southern Net Receivables vs Depreciation And Amortization Analysis
| SXG Stock | 3.47 0.22 6.77% |
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 Depreciation And Amortization 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 Depreciation And Amortization
Net Receivables vs Depreciation And Amortization 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 Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Southern Cross' Net Receivables and Depreciation And Amortization is 0.83. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Depreciation And Amortization 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 Depreciation And Amortization 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 Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Receivables i.e., Southern Cross' Net Receivables and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Receivables
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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 |
Southern Cross fundamental ratios Correlations
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Southern Cross Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.