Southern Property Plant Equipment vs Total Assets 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 Property Plant Equipment and its Total Assets 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.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Cross Gold Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have totally related.

The correlation between Southern Cross' Property Plant Equipment and Total Assets is 0.99. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets 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' Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Southern Cross Gold are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Southern Cross' Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Property Plant Equipment

Total Assets

Total assets refers to the total amount of Southern Cross 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 Southern Cross Gold 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.

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 Property Plant Equipment vs Total Assets Analysis

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Total Assets

Southern Cross fundamental ratios Correlations

Southern Cross Account Relationship Matchups

High Positive Relationship

High Negative 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