Scottie Capex To Depreciation vs Book Value Per Share Analysis

SCOT Stock

CAD 0.16 0.01 5.88%

Scottie Resources financial indicator trend analysis is much more than just breaking down Scottie Resources Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scottie Resources Corp is a good investment. Please check the relationship between Scottie Resources Capex To Depreciation and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scottie Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Capex To Depreciation vs Book Value Per Share

Capex To Depreciation vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scottie Resources Corp Capex To Depreciation account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Scottie Resources' Capex To Depreciation and Book Value Per Share is -0.35. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Scottie Resources Corp, assuming nothing else is changed. The correlation between historical values of Scottie Resources' Capex To Depreciation and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Scottie Resources Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Capex To Depreciation i.e., Scottie Resources' Capex To Depreciation and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most indicators from Scottie Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scottie Resources Corp 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 Scottie Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Scottie Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 29.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.3 M in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	75.9K	74.3K	85.4K	49.9K
Cost Of Revenue	75.9K	74.3K	85.4K	49.9K

Reconciled Depreciation Cost Of Revenue

Scottie Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Other Current Liab	Accounts Payable	Net Tangible Assets	Other Assets	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Other Current Assets	Capital Stock	Short Long Term Debt Total
Total Assets		0.54	0.99	0.97	-0.89	-0.58	0.9	0.96	0.9	0.47	0.62	-0.31	0.59	0.89	0.25	0.71	0.45	0.86	0.56	0.7	0.75	0.97	0.66	0.16	0.68	-0.1
Total Current Liabilities	0.54		0.45	0.63	-0.2	-0.94	0.23	0.64	0.23	0.94	0.96	-0.29	1.0	0.28	0.23	0.9	0.99	0.79	0.96	0.92	0.92	0.49	-0.15	-0.1	0.92	-0.65
Total Stockholder Equity	0.99	0.45		0.94	-0.93	-0.5	0.94	0.93	0.94	0.39	0.55	-0.29	0.5	0.92	0.23	0.64	0.36	0.83	0.48	0.64	0.69	0.98	0.74	0.18	0.62	-0.07
Property Plant And Equipment Net	0.97	0.63	0.94		-0.75	-0.61	0.76	1.0	0.76	0.49	0.65	-0.28	0.68	0.75	0.25	0.83	0.53	0.83	0.63	0.71	0.78	0.92	0.46	-0.05	0.7	-0.11
Net Debt	-0.89	-0.2	-0.93	-0.75		0.33	-1.0	-0.74	-1.0	-0.23	-0.37	0.26	-0.27	-0.99	-0.15	-0.38	-0.14	-0.71	-0.26	-0.48	-0.49	-0.92	-0.92	-0.44	-0.46	-0.01
Retained Earnings	-0.58	-0.94	-0.5	-0.61	0.33		-0.35	-0.62	-0.35	-0.98	-0.98	0.29	-0.93	-0.42	-0.22	-0.78	-0.95	-0.87	-0.93	-0.97	-0.95	-0.53	-0.02	-0.02	-0.97	0.62
Cash	0.9	0.23	0.94	0.76	-1.0	-0.35		0.76	1.0	0.26	0.4	-0.28	0.3	0.99	0.17	0.4	0.17	0.73	0.29	0.51	0.52	0.93	0.91	0.44	0.49	-0.03
Non Current Assets Total	0.96	0.64	0.93	1.0	-0.74	-0.62	0.76		0.76	0.5	0.65	-0.28	0.69	0.74	0.26	0.83	0.54	0.83	0.64	0.71	0.79	0.91	0.46	-0.05	0.7	-0.11
Cash And Short Term Investments	0.9	0.23	0.94	0.76	-1.0	-0.35	1.0	0.76		0.26	0.4	-0.28	0.3	0.99	0.17	0.4	0.17	0.73	0.29	0.51	0.52	0.93	0.91	0.44	0.49	-0.03
Net Receivables	0.47	0.94	0.39	0.49	-0.23	-0.98	0.26	0.5	0.26		0.98	-0.31	0.92	0.33	0.23	0.73	0.97	0.82	0.93	0.95	0.91	0.43	-0.06	0.05	0.95	-0.75
Common Stock Shares Outstanding	0.62	0.96	0.55	0.65	-0.37	-0.98	0.4	0.65	0.4	0.98		-0.32	0.96	0.46	0.28	0.82	0.96	0.9	0.96	0.99	0.97	0.58	0.06	0.04	0.98	-0.7
Other Stockholder Equity	-0.31	-0.29	-0.29	-0.28	0.26	0.29	-0.28	-0.28	-0.28	-0.31	-0.32		-0.3	-0.29	-0.11	-0.33	-0.26	-0.33	-0.26	-0.32	-0.31	-0.25	-0.13	-0.12	-0.29	0.14
Total Liab	0.59	1.0	0.5	0.68	-0.27	-0.93	0.3	0.69	0.3	0.92	0.96	-0.3		0.34	0.24	0.92	0.98	0.82	0.95	0.93	0.93	0.54	-0.09	-0.05	0.92	-0.63
Total Current Assets	0.89	0.28	0.92	0.75	-0.99	-0.42	0.99	0.74	0.99	0.33	0.46	-0.29	0.34		0.19	0.4	0.22	0.76	0.34	0.56	0.55	0.91	0.9	0.48	0.54	-0.06
Non Currrent Assets Other	0.25	0.23	0.23	0.25	-0.15	-0.22	0.17	0.26	0.17	0.23	0.28	-0.11	0.24	0.19		0.15	0.21	0.24	0.48	0.23	0.23	0.16	0.05	0.08	0.19	-0.09
Other Current Liab	0.71	0.9	0.64	0.83	-0.38	-0.78	0.4	0.83	0.4	0.73	0.82	-0.33	0.92	0.4	0.15		0.83	0.78	0.83	0.81	0.87	0.67	0.0	-0.17	0.81	-0.43
Accounts Payable	0.45	0.99	0.36	0.53	-0.14	-0.95	0.17	0.54	0.17	0.97	0.96	-0.26	0.98	0.22	0.21	0.83		0.77	0.95	0.92	0.91	0.4	-0.2	-0.07	0.92	-0.71
Net Tangible Assets	0.86	0.79	0.83	0.83	-0.71	-0.87	0.73	0.83	0.73	0.82	0.9	-0.33	0.82	0.76	0.24	0.78	0.77		0.82	0.95	0.96	0.86	0.45	0.1	0.95	-0.53
Other Assets	0.56	0.96	0.48	0.63	-0.26	-0.93	0.29	0.64	0.29	0.93	0.96	-0.26	0.95	0.34	0.48	0.83	0.95	0.82		0.92	0.92	0.51	-0.08	-0.06	0.91	-0.65
Common Stock	0.7	0.92	0.64	0.71	-0.48	-0.97	0.51	0.71	0.51	0.95	0.99	-0.32	0.93	0.56	0.23	0.81	0.92	0.95	0.92		0.99	0.68	0.18	0.05	1.0	-0.67
Property Plant Equipment	0.75	0.92	0.69	0.78	-0.49	-0.95	0.52	0.79	0.52	0.91	0.97	-0.31	0.93	0.55	0.23	0.87	0.91	0.96	0.92	0.99		0.73	0.17	-0.07	0.99	-0.63
Net Invested Capital	0.97	0.49	0.98	0.92	-0.92	-0.53	0.93	0.91	0.93	0.43	0.58	-0.25	0.54	0.91	0.16	0.67	0.4	0.86	0.51	0.68	0.73		0.72	0.15	0.67	-0.19
Net Working Capital	0.66	-0.15	0.74	0.46	-0.92	-0.02	0.91	0.46	0.91	-0.06	0.06	-0.13	-0.09	0.9	0.05	0.0	-0.2	0.45	-0.08	0.18	0.17	0.72		0.53	0.17	0.16
Other Current Assets	0.16	-0.1	0.18	-0.05	-0.44	-0.02	0.44	-0.05	0.44	0.05	0.04	-0.12	-0.05	0.48	0.08	-0.17	-0.07	0.1	-0.06	0.05	-0.07	0.15	0.53		0.03	0.05
Capital Stock	0.68	0.92	0.62	0.7	-0.46	-0.97	0.49	0.7	0.49	0.95	0.98	-0.29	0.92	0.54	0.19	0.81	0.92	0.95	0.91	1.0	0.99	0.67	0.17	0.03		-0.68
Short Long Term Debt Total	-0.1	-0.65	-0.07	-0.11	-0.01	0.62	-0.03	-0.11	-0.03	-0.75	-0.7	0.14	-0.63	-0.06	-0.09	-0.43	-0.71	-0.53	-0.65	-0.67	-0.63	-0.19	0.16	0.05	-0.68

Click cells to compare fundamentals

Scottie Resources Account Relationship Matchups

Scottie Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.1M	22.6M	19.2M	9.5M	11.0M	6.0M
Total Current Liabilities	201.6K	600.5K	3.0M	2.6M	3.0M	3.1M
Total Stockholder Equity	8.7M	21.8M	16.0M	6.9M	8.0M	5.2M
Property Plant And Equipment Net	2.4M	13.2M	14.8M	6.6M	7.6M	3.8M
Net Debt	(4.7M)	(7.3M)	(3.5M)	(1.5M)	(1.3M)	(1.4M)
Retained Earnings	(9.9M)	(16.3M)	(25.8M)	(44.9M)	(40.4M)	(38.4M)
Cash	4.7M	7.3M	3.5M	1.5M	1.7M	1.6M
Non Current Assets Total	2.5M	13.3M	15.1M	6.8M	7.9M	3.9M
Cash And Short Term Investments	4.7M	7.3M	3.5M	1.5M	1.7M	1.6M
Net Receivables	275.0K	234.3K	557.7K	1.0M	1.2M	1.2M
Common Stock Shares Outstanding	89.7M	132.5M	209.4M	253.3M	291.4M	305.9M
Liabilities And Stockholders Equity	9.1M	22.6M	19.2M	9.5M	11.0M	6.0M
Total Liab	447.3K	792.0K	3.3M	2.6M	3.0M	3.1M
Total Current Assets	6.6M	9.3M	4.1M	2.7M	3.1M	2.1M
Other Current Liab	51.9K	421.5K	1.2M	566.4K	651.3K	683.9K
Accounts Payable	149.7K	179.0K	1.8M	2.0M	2.3M	2.5M
Net Tangible Assets	1.9M	8.7M	21.8M	16.0M	18.4M	19.3M
Other Assets	107K	55.5K	103.5K	248.4K	285.7K	300.0K
Common Stock	16.3M	34.2M	37.6M	46.2M	53.1M	55.8M
Property Plant Equipment	2.3M	2.4M	13.2M	14.8M	17.1M	17.9M
Net Invested Capital	8.7M	21.8M	16.0M	6.9M	8.0M	9.3M
Net Working Capital	6.4M	8.7M	1.2M	103.1K	118.6K	112.6K
Other Current Assets	739.3K	(30.0)	18.4K	42.3K	38.1K	36.2K
Capital Stock	16.3M	34.2M	37.6M	46.2M	53.1M	55.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Scottie Stock Analysis

When running Scottie Resources' price analysis, check to measure Scottie Resources' 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 Scottie Resources is operating at the current time. Most of Scottie Resources' value examination focuses on studying past and present price action to predict the probability of Scottie Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scottie Resources' price. Additionally, you may evaluate how the addition of Scottie Resources to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC