Societe Long Term Investments vs Property Plant And Equipment Net Analysis

VIO Stock  CAD 0.18  0.01  5.26%   
Societe D financial indicator trend analysis is much more than just breaking down Societe d Exploration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Societe d Exploration is a good investment. Please check the relationship between Societe D Long Term Investments and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Societe d Exploration. 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.

Long Term Investments vs Property Plant And Equipment Net

Long Term Investments vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Societe d Exploration Long Term Investments account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have no relationship.
The correlation between Societe D's Long Term Investments and Property Plant And Equipment Net is 0.03. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Societe d Exploration, assuming nothing else is changed. The correlation between historical values of Societe D's Long Term Investments and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Societe d Exploration are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Long Term Investments i.e., Societe D's Long Term Investments and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Societe D balance sheet that represents investments Societe d Exploration intends to hold for over a year. Societe d Exploration long term investments may include different instruments such as stocks, bonds, real estate and cash.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Societe D's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Societe d Exploration 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 Societe d Exploration. 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.
At this time, Societe D's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 21.88 in 2024, whereas Selling General Administrative is likely to drop slightly above 625 K in 2024.

Societe D fundamental ratios Correlations

0.981.0-0.04-0.410.950.82-0.020.810.010.960.86-0.11-0.320.990.970.30.980.880.650.160.460.190.540.140.8
0.980.98-0.14-0.550.980.71-0.160.830.020.980.87-0.26-0.340.970.990.421.00.850.660.010.350.040.50.070.8
1.00.98-0.05-0.430.950.82-0.040.820.030.960.85-0.13-0.320.990.970.320.980.890.660.140.460.180.550.150.81
-0.04-0.14-0.050.36-0.230.230.51-0.51-0.25-0.120.080.59-0.080.0-0.16-0.48-0.110.09-0.220.560.140.15-0.010.07-0.03
-0.41-0.55-0.430.36-0.52-0.050.73-0.54-0.36-0.65-0.450.860.56-0.36-0.53-0.89-0.56-0.5-0.70.70.150.67-0.530.1-0.68
0.950.980.95-0.23-0.520.62-0.180.81-0.030.940.84-0.28-0.260.940.990.40.970.750.58-0.030.250.040.390.10.7
0.820.710.820.23-0.050.620.320.610.050.710.580.22-0.210.820.650.00.740.860.540.480.740.50.580.280.73
-0.02-0.16-0.040.510.73-0.180.32-0.21-0.18-0.21-0.120.820.050.07-0.16-0.83-0.150.02-0.250.920.260.58-0.22-0.02-0.21
0.810.830.82-0.51-0.540.810.61-0.210.130.830.65-0.37-0.30.790.810.50.830.770.71-0.110.410.070.56-0.030.77
0.010.020.03-0.25-0.36-0.030.05-0.180.130.14-0.11-0.4-0.48-0.030.00.370.030.20.68-0.280.0-0.330.50.080.33
0.960.980.96-0.12-0.650.940.71-0.210.830.140.83-0.36-0.460.930.960.520.990.90.77-0.070.32-0.070.620.120.89
0.860.870.850.08-0.450.840.58-0.120.65-0.110.83-0.09-0.270.860.890.30.880.730.530.070.250.010.42-0.040.67
-0.11-0.26-0.130.590.86-0.280.220.82-0.37-0.4-0.36-0.090.47-0.04-0.25-0.88-0.25-0.13-0.490.880.280.62-0.34-0.01-0.37
-0.32-0.34-0.32-0.080.56-0.26-0.210.05-0.3-0.48-0.46-0.270.47-0.29-0.33-0.41-0.35-0.48-0.670.160.030.37-0.580.1-0.55
0.990.970.990.0-0.360.940.820.070.79-0.030.930.86-0.04-0.290.960.220.970.870.60.230.460.220.460.080.77
0.970.990.97-0.16-0.530.990.65-0.160.810.00.960.89-0.25-0.330.960.40.980.790.630.00.290.030.460.060.74
0.30.420.32-0.48-0.890.40.0-0.830.50.370.520.3-0.88-0.410.220.40.430.370.62-0.86-0.04-0.580.62-0.010.58
0.981.00.98-0.11-0.560.970.74-0.150.830.030.990.88-0.25-0.350.970.980.430.880.680.010.380.040.550.080.84
0.880.850.890.09-0.50.750.860.020.770.20.90.73-0.13-0.480.870.790.370.880.790.150.580.080.750.030.96
0.650.660.66-0.22-0.70.580.54-0.250.710.680.770.53-0.49-0.670.60.630.620.680.79-0.220.24-0.270.840.110.87
0.160.010.140.560.7-0.030.480.92-0.11-0.28-0.070.070.880.160.230.0-0.860.010.15-0.220.360.67-0.220.06-0.1
0.460.350.460.140.150.250.740.260.410.00.320.250.280.030.460.29-0.040.380.580.240.360.70.4-0.150.49
0.190.040.180.150.670.040.50.580.07-0.33-0.070.010.620.370.220.03-0.580.040.08-0.270.670.7-0.190.06-0.11
0.540.50.55-0.01-0.530.390.58-0.220.560.50.620.42-0.34-0.580.460.460.620.550.750.84-0.220.4-0.190.190.82
0.140.070.150.070.10.10.28-0.02-0.030.080.12-0.04-0.010.10.080.06-0.010.080.030.110.06-0.150.060.190.01
0.80.80.81-0.03-0.680.70.73-0.210.770.330.890.67-0.37-0.550.770.740.580.840.960.87-0.10.49-0.110.820.01
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Societe D Account Relationship Matchups

Societe D fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9M9.0M9.1M11.0M31.7M33.2M
Total Current Liabilities118.2K478.1K841.9K1.3M5.6M5.9M
Total Stockholder Equity3.7M8.5M8.0M9.6M26.0M27.3M
Net Debt(917.3K)(1.7M)(1.1M)(2.0M)(1.8M)(1.9M)
Retained Earnings(30.3M)(29.8M)(32.2M)(33.3M)(33.9M)(35.6M)
Cash938K1.7M1.3M2.2M16.4M17.2M
Non Current Assets Total2.8M6.0M5.8M6.3M9.2M9.6M
Cash And Short Term Investments938K2.4M2.2M4.4M5.1M5.3M
Net Receivables57.3K593.4K575.7K218.0K186.0K237.3K
Common Stock Shares Outstanding47.4M73.4M78.7M93.9M233.3M244.9M
Liabilities And Stockholders Equity3.9M9.0M9.1M11.0M12.6M13.3M
Non Current Liabilities Total20.7K32.0K185.9K106.1K54.9K52.2K
Total Liab138.8K510.1K1.0M1.4M5.7M5.9M
Total Current Assets1.0M3.1M3.3M4.6M22.5M23.6M
Other Current Liab51.3K478.1K797.4K1.2M4.3M4.5M
Property Plant And Equipment Net1.5M3.3M5.8M6.3M8.2M8.6M
Accounts Payable155.5K58.1K478.1K414.3K476.4K500.2K
Accumulated Other Comprehensive Income501.7K633.7K693.2K650.4K747.9K446.8K
Net Tangible Assets3.4M3.7M8.5M8.0M9.2M5.2M
Property Plant Equipment1.5M1.5M3.3M5.8M6.7M7.0M
Other Current Assets19.9K22.9K861.3K849.4K764.4K595.6K
Net Invested Capital3.7M8.6M8.1M9.7M26.0M27.3M
Net Working Capital897.1K2.6M2.4M3.4M16.9M17.7M

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