Southern Property Plant Equipment vs Total Revenue 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 Revenue 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 Revenue
Property Plant Equipment vs Total Revenue 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 Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Southern Cross' Property Plant Equipment and Total Revenue is 0.99. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Revenue 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 Revenue 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 Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Property Plant Equipment i.e., Southern Cross' Property Plant Equipment and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant Equipment
Total Revenue
Total revenue comprises all receipts Southern Cross Gold generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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
Thematic Opportunities
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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.