Sienna Total Current Liabilities vs Asset Turnover Analysis

SIE Stock  CAD 0.03  0.00  0.00%   
Sienna Resources financial indicator trend analysis is much more than just breaking down Sienna Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sienna Resources is a good investment. Please check the relationship between Sienna Resources Total Current Liabilities and its Asset Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sienna Resources. 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.

Total Current Liabilities vs Asset Turnover

Total Current Liabilities vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sienna Resources Total Current Liabilities account and Asset Turnover. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sienna Resources' Total Current Liabilities and Asset Turnover is 0.21. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Sienna Resources, assuming nothing else is changed. The correlation between historical values of Sienna Resources' Total Current Liabilities and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Sienna Resources are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Liabilities i.e., Sienna Resources' Total Current Liabilities and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Sienna Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sienna Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Sienna Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sienna Resources 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 Sienna Resources. 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, Sienna Resources' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.6 M in 2025, whereas Enterprise Value Over EBITDA is likely to drop (6.40) in 2025.

Sienna Resources fundamental ratios Correlations

0.05-0.350.92-0.66-0.44-0.380.750.750.140.640.1-0.350.780.9-0.190.95-0.050.160.220.150.40.51-0.050.110.27
0.05-0.30.16-0.010.47-0.390.00.00.13-0.20.06-0.310.00.08-0.080.09-0.10.490.030.470.29-0.08-0.490.51-0.29
-0.35-0.3-0.680.660.240.99-0.66-0.660.38-0.680.591.0-0.61-0.10.35-0.310.26-0.060.090.0-0.68-0.78-0.06-0.06-0.42
0.920.16-0.68-0.79-0.44-0.70.850.85-0.050.78-0.17-0.690.850.74-0.290.87-0.150.150.130.120.590.72-0.010.120.38
-0.66-0.010.66-0.790.60.63-0.98-0.980.36-0.810.410.66-0.97-0.280.07-0.440.020.290.340.34-0.39-0.76-0.420.29-0.67
-0.440.470.24-0.440.60.18-0.57-0.570.27-0.720.270.24-0.57-0.230.01-0.31-0.050.620.410.65-0.07-0.63-0.760.63-0.82
-0.38-0.390.99-0.70.630.18-0.63-0.630.31-0.630.530.99-0.58-0.150.37-0.360.29-0.170.0-0.11-0.73-0.740.05-0.17-0.34
0.750.0-0.660.85-0.98-0.57-0.631.0-0.310.85-0.33-0.660.990.4-0.070.55-0.08-0.22-0.25-0.260.380.760.35-0.240.62
0.750.0-0.660.85-0.98-0.57-0.631.0-0.310.85-0.33-0.660.990.4-0.070.55-0.08-0.22-0.25-0.260.380.760.35-0.240.62
0.140.130.38-0.050.360.270.31-0.31-0.31-0.420.440.39-0.240.37-0.260.27-0.180.540.570.540.09-0.36-0.580.54-0.54
0.64-0.2-0.680.78-0.81-0.72-0.630.850.85-0.42-0.4-0.680.840.34-0.020.52-0.16-0.35-0.28-0.360.250.80.5-0.390.76
0.10.060.59-0.170.410.270.53-0.33-0.330.44-0.40.59-0.260.320.380.19-0.140.360.390.41-0.33-0.66-0.40.33-0.58
-0.35-0.311.0-0.690.660.240.99-0.66-0.660.39-0.680.59-0.6-0.10.35-0.310.26-0.070.090.0-0.68-0.78-0.06-0.07-0.42
0.780.0-0.610.85-0.97-0.57-0.580.990.99-0.240.84-0.26-0.60.43-0.030.58-0.09-0.19-0.22-0.230.350.720.32-0.220.6
0.90.08-0.10.74-0.28-0.23-0.150.40.40.370.340.32-0.10.43-0.250.97-0.020.370.470.380.340.24-0.30.33-0.04
-0.19-0.080.35-0.290.070.010.37-0.07-0.07-0.26-0.020.380.35-0.03-0.25-0.280.12-0.21-0.29-0.16-0.53-0.30.24-0.220.2
0.950.09-0.310.87-0.44-0.31-0.360.550.550.270.520.19-0.310.580.97-0.28-0.110.350.430.350.450.4-0.240.30.09
-0.05-0.10.26-0.150.02-0.050.29-0.08-0.08-0.18-0.16-0.140.26-0.09-0.020.12-0.11-0.25-0.32-0.260.050.090.27-0.220.2
0.160.49-0.060.150.290.62-0.17-0.22-0.220.54-0.350.36-0.07-0.190.37-0.210.35-0.250.850.980.45-0.28-0.961.0-0.66
0.220.030.090.130.340.410.0-0.25-0.250.57-0.280.390.09-0.220.47-0.290.43-0.320.850.850.36-0.24-0.840.83-0.61
0.150.470.00.120.340.65-0.11-0.26-0.260.54-0.360.410.0-0.230.38-0.160.35-0.260.980.850.34-0.35-0.960.97-0.69
0.40.29-0.680.59-0.39-0.07-0.730.380.380.090.25-0.33-0.680.350.34-0.530.450.050.450.360.340.59-0.330.470.1
0.51-0.08-0.780.72-0.76-0.63-0.740.760.76-0.360.8-0.66-0.780.720.24-0.30.40.09-0.28-0.24-0.350.590.41-0.290.74
-0.05-0.49-0.06-0.01-0.42-0.760.050.350.35-0.580.5-0.4-0.060.32-0.30.24-0.240.27-0.96-0.84-0.96-0.330.41-0.950.8
0.110.51-0.060.120.290.63-0.17-0.24-0.240.54-0.390.33-0.07-0.220.33-0.220.3-0.221.00.830.970.47-0.29-0.95-0.66
0.27-0.29-0.420.38-0.67-0.82-0.340.620.62-0.540.76-0.58-0.420.6-0.040.20.090.2-0.66-0.61-0.690.10.740.8-0.66
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Sienna Resources Account Relationship Matchups

Sienna Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.7M2.1M1.2M3.5M4.0M4.2M
Other Current Liab47.7K40.2K46.5K36.5K32.9K33.9K
Total Current Liabilities377.5K71.6K245.1K142.4K163.7K155.6K
Total Stockholder Equity1.3M2.0M952.9K3.3M3.8M4.0M
Net Debt(1.2M)(723.0K)(28.1K)(1.3M)(1.2M)(1.1M)
Retained Earnings(25.1M)(26.1M)(27.2M)(28.5M)(25.7M)(24.4M)
Accounts Payable329.8K31.4K158.6K105.9K121.8K115.7K
Cash1.2M759.2K68.1K1.3M1.5M1.6M
Cash And Short Term Investments1.2M759.2K68.1K1.3M1.5M1.6M
Net Receivables36.8K15.6K11.3K5.2K6.0K5.7K
Common Stock Shares Outstanding81.5M119.4M125.0M177.7M204.4M214.6M
Liabilities And Stockholders Equity1.7M2.1M1.2M3.5M4.0M4.2M
Other Stockholder Equity3.5M3.8M4.3M4.3M5.0M9.7M
Total Liab410.3K107.8K245.1K142.4K163.7K155.6K
Total Current Assets1.3M777.5K82.2K1.4M1.6M1.7M
Non Current Assets Total422.5K1.3M1.1M2.1M2.4M2.5M
Other Current Assets11.5K2.7K2.8K40.8K36.7K25.2K
Property Plant And Equipment Net422.5K1.3M1.1M2.1M2.4M2.5M
Non Currrent Assets Other1.6M1.7M18.3K32.4K37.2K35.4K
Accumulated Other Comprehensive Income3.8M4.3M4.3M4.9M5.6M2.9M
Net Tangible Assets1.3M1.3M2.0M952.9K1.1M603.4K
Common Stock22.6M23.7M23.9M27.0M31.0M18.8M
Property Plant Equipment1.3M422.5K1.3M1.1M1.3M1.0M
Net Invested Capital1.3M2.0M992.9K3.3M3.8M4.0M
Net Working Capital907.9K705.9K(162.9K)1.2M1.4M1.5M
Capital Stock22.6M23.7M23.9M27.0M31.0M25.2M

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Additional Tools for Sienna Stock Analysis

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