Santacruz Reconciled Depreciation vs Total Revenue Analysis

SCZ Stock  CAD 0.28  0.01  3.70%   
Santacruz Silv financial indicator trend analysis is much more than just breaking down Santacruz Silv prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Santacruz Silv is a good investment. Please check the relationship between Santacruz Silv Reconciled Depreciation and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Santacruz Silv. 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.

Reconciled Depreciation vs Total Revenue

Reconciled Depreciation vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Santacruz Silv Reconciled Depreciation account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Santacruz Silv's Reconciled Depreciation and Total Revenue is 0.95. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Santacruz Silv, assuming nothing else is changed. The correlation between historical values of Santacruz Silv's Reconciled Depreciation 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 Reconciled Depreciation of Santacruz Silv 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 Reconciled Depreciation i.e., Santacruz Silv's Reconciled Depreciation and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Reconciled Depreciation

Total Revenue

Total revenue comprises all receipts Santacruz Silv 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 Santacruz Silv's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Santacruz Silv 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 Santacruz Silv. 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, Santacruz Silv's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 10.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Santacruz Silv fundamental ratios Correlations

0.970.96-0.140.980.47-0.580.780.990.760.960.790.84-0.240.990.980.99-0.370.640.980.62-0.260.870.240.530.22
0.970.97-0.220.930.34-0.570.710.970.670.90.780.73-0.350.970.930.96-0.460.580.990.57-0.390.890.160.520.15
0.960.97-0.360.910.45-0.730.660.940.680.950.880.83-0.380.990.960.96-0.60.750.980.7-0.460.90.270.620.03
-0.14-0.22-0.360.030.020.560.26-0.040.09-0.33-0.39-0.210.73-0.3-0.29-0.250.9-0.64-0.26-0.30.9-0.29-0.28-0.230.42
0.980.930.910.030.53-0.530.810.990.790.910.750.83-0.10.940.940.95-0.240.560.940.62-0.10.830.230.540.27
0.470.340.450.020.53-0.510.370.470.470.450.510.70.160.450.460.44-0.150.480.370.660.220.410.350.720.09
-0.58-0.57-0.730.56-0.53-0.51-0.22-0.54-0.4-0.65-0.93-0.640.28-0.66-0.64-0.580.82-0.9-0.59-0.930.53-0.67-0.46-0.80.52
0.780.710.660.260.810.37-0.220.80.890.670.480.57-0.050.70.710.730.040.30.710.330.110.60.120.320.45
0.990.970.94-0.040.990.47-0.540.80.750.910.760.8-0.180.960.940.96-0.310.560.970.6-0.190.850.170.540.23
0.760.670.680.090.790.47-0.40.890.750.730.620.66-0.160.710.750.73-0.130.50.680.5-0.030.770.550.340.4
0.960.90.95-0.330.910.45-0.650.670.910.730.790.88-0.340.981.00.98-0.490.770.950.64-0.40.850.370.470.19
0.790.780.88-0.390.750.51-0.930.480.760.620.790.74-0.30.830.80.77-0.710.840.780.91-0.470.870.490.76-0.29
0.840.730.83-0.210.830.7-0.640.570.80.660.880.74-0.140.850.880.85-0.380.740.790.68-0.170.730.40.570.17
-0.24-0.35-0.380.73-0.10.160.28-0.05-0.18-0.16-0.34-0.3-0.14-0.35-0.33-0.330.65-0.41-0.36-0.080.76-0.42-0.270.03-0.03
0.990.970.99-0.30.940.45-0.660.70.960.710.980.830.85-0.350.990.99-0.510.720.990.65-0.40.890.270.550.14
0.980.930.96-0.290.940.46-0.640.710.940.751.00.80.88-0.330.990.99-0.470.740.970.64-0.370.870.340.50.2
0.990.960.96-0.250.950.44-0.580.730.960.730.980.770.85-0.330.990.99-0.440.670.990.59-0.350.860.270.480.23
-0.37-0.46-0.60.9-0.24-0.150.820.04-0.31-0.13-0.49-0.71-0.380.65-0.51-0.47-0.44-0.78-0.47-0.590.89-0.55-0.37-0.510.52
0.640.580.75-0.640.560.48-0.90.30.560.50.770.840.74-0.410.720.740.67-0.780.640.83-0.560.670.540.64-0.24
0.980.990.98-0.260.940.37-0.590.710.970.680.950.780.79-0.360.990.970.99-0.470.640.58-0.40.870.180.50.17
0.620.570.7-0.30.620.66-0.930.330.60.50.640.910.68-0.080.650.640.59-0.590.830.58-0.250.690.50.87-0.38
-0.26-0.39-0.460.9-0.10.220.530.11-0.19-0.03-0.4-0.47-0.170.76-0.4-0.37-0.350.89-0.56-0.4-0.25-0.46-0.28-0.160.37
0.870.890.9-0.290.830.41-0.670.60.850.770.850.870.73-0.420.890.870.86-0.550.670.870.69-0.460.570.520.11
0.240.160.27-0.280.230.35-0.460.120.170.550.370.490.4-0.270.270.340.27-0.370.540.180.5-0.280.570.160.07
0.530.520.62-0.230.540.72-0.80.320.540.340.470.760.570.030.550.50.48-0.510.640.50.87-0.160.520.16-0.43
0.220.150.030.420.270.090.520.450.230.40.19-0.290.17-0.030.140.20.230.52-0.240.17-0.380.370.110.07-0.43
Click cells to compare fundamentals

Santacruz Silv Account Relationship Matchups

Santacruz Silv fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.6M32.8M60.9M337.5M339.0M356.0M
Other Current Liab4.8M1.1M11.2M62.6M94.3M99.0M
Total Current Liabilities38.1M38.9M41.9M139.0M152.0M159.6M
Total Stockholder Equity(16.9M)(9.4M)2.7M(13.0M)5.4M10.0M
Property Plant And Equipment Net16.5M14.9M38.8M146.5M148.9M156.4M
Net Debt8.1M6.3M11.4M17.6M12.8M8.3M
Retained Earnings(124.9M)(126.4M)(137.9M)(160.2M)(140.3M)(133.3M)
Cash123K430K938K4.6M4.9M5.2M
Non Current Assets Total17.1M16.4M38.8M192.0M230.2M241.7M
Cash And Short Term Investments123K430K5.0M7.4M5.0M5.3M
Net Receivables5.9M10.9M13.3M99.0M65.3M68.5M
Common Stock Shares Outstanding181.7M221.2M308.0M339.1M352.3M369.9M
Liabilities And Stockholders Equity24.6M32.8M60.9M337.5M339.0M356.0M
Other Current Assets354K3.6M2.5M9.6M5.5M5.8M
Other Stockholder Equity7.9M13.6M12.5M12.0M11.5M11.0M
Total Liab41.4M42.3M58.2M350.6M333.6M350.3M
Total Current Assets7.5M16.4M22.1M145.5M108.8M114.2M
Non Current Liabilities Total3.3M3.3M16.3M211.6M181.6M190.7M
Net Tangible Assets7.0M1.2M(16.9M)(9.4M)(8.5M)(8.1M)
Accounts Payable25.4M31.4M25.7M52.8M34.2M19.7M
Inventory1.1M1.4M1.3M29.5M33.0M34.7M
Accumulated Other Comprehensive Income(1.8M)(1.4M)(1.3M)(943K)(3.8M)(3.6M)
Common Stock102.0M104.7M129.5M136.1M138.0M109.0M
Property Plant Equipment19.5M18.6M16.5M14.9M13.4M12.7M
Other Liab3.0M3.1M3.0M207.2M238.2M250.2M
Short Long Term Debt Total8.2M6.8M12.3M22.2M17.8M14.0M
Non Currrent Assets Other506K1.5M53K31.8M63.6M66.8M
Short Long Term Debt5.7M6.3M4.8M18.0M202K191.9K
Short Term Debt8.0M6.5M5.0M18.0M17.0M9.4M
Capital Lease Obligations1.8M2.3M469K342K307.8K292.4K
Net Invested Capital(10.9M)(3.1M)14.7M9.2M6.4M4.5M
Net Working Capital(30.6M)(22.5M)(19.8M)6.5M(43.2M)(41.0M)
Capital Stock102.0M104.7M129.5M136.1M138.0M130.0M

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 Santacruz Stock Analysis

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