Sprott Dividend Yield vs Days Sales Outstanding Analysis

SII Stock  CAD 61.37  0.50  0.82%   
Sprott financial indicator trend analysis is much more than just breaking down Sprott Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprott Inc is a good investment. Please check the relationship between Sprott Dividend Yield and its Days Sales Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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.

Dividend Yield vs Days Sales Outstanding

Dividend Yield vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprott Inc Dividend Yield account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sprott's Dividend Yield and Days Sales Outstanding is -0.07. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Sprott Inc, assuming nothing else is changed. The correlation between historical values of Sprott's Dividend Yield and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Sprott Inc are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Dividend Yield i.e., Sprott's Dividend Yield and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Sprott Inc dividend as a percentage of Sprott stock price. Sprott Inc dividend yield is a measure of Sprott stock productivity, which can be interpreted as interest rate earned on an Sprott investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Days Sales Outstanding

Most indicators from Sprott's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprott Inc 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 Sprott Inc. 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, Sprott's Tax Provision is very stable compared to the past year. As of the 1st of March 2025, Enterprise Value Over EBITDA is likely to grow to 19.35, while Selling General Administrative is likely to drop about 17.8 M.
 2022 2023 2024 2025 (projected)
Gross Profit74.2M64.2M80.8M80.0M
Total Revenue154.3M146.3M168.4M109.5M

Sprott fundamental ratios Correlations

-0.42-0.530.860.210.09-0.08-0.550.040.740.62-0.51-0.320.13-0.110.430.07-0.35-0.09-0.220.27-0.420.450.00.470.21
-0.420.14-0.24-0.4-0.34-0.23-0.170.3-0.58-0.330.60.240.120.37-0.370.280.910.09-0.15-0.350.55-0.42-0.18-0.27-0.49
-0.530.14-0.75-0.46-0.490.710.850.45-0.69-0.390.670.56-0.710.55-0.460.23-0.02-0.230.69-0.460.63-0.220.62-0.63-0.42
0.86-0.24-0.750.140.02-0.33-0.740.040.640.67-0.47-0.340.33-0.090.160.06-0.12-0.01-0.670.13-0.360.38-0.230.440.04
0.21-0.4-0.460.140.85-0.42-0.31-0.710.57-0.04-0.81-0.450.48-0.850.56-0.62-0.290.06-0.060.87-0.720.19-0.450.660.8
0.09-0.34-0.490.020.85-0.48-0.25-0.920.58-0.04-0.81-0.390.59-0.890.71-0.41-0.180.210.040.9-0.770.2-0.530.680.9
-0.08-0.230.71-0.33-0.42-0.480.620.44-0.28-0.280.350.28-0.960.61-0.30.39-0.34-0.470.52-0.370.33-0.210.96-0.69-0.39
-0.55-0.170.85-0.74-0.31-0.250.620.14-0.58-0.250.490.55-0.590.37-0.320.08-0.18-0.140.65-0.340.48-0.110.47-0.43-0.19
0.040.30.450.04-0.71-0.920.440.14-0.540.160.740.39-0.530.79-0.590.440.12-0.260.0-0.690.76-0.090.47-0.54-0.86
0.74-0.58-0.690.640.570.58-0.28-0.58-0.540.26-0.89-0.660.37-0.610.72-0.3-0.520.16-0.150.57-0.910.36-0.170.570.71
0.62-0.33-0.390.67-0.04-0.04-0.28-0.250.160.26-0.190.230.35-0.030.020.23-0.170.05-0.40.050.010.65-0.340.52-0.04
-0.510.60.67-0.47-0.81-0.810.350.490.74-0.89-0.190.58-0.450.81-0.650.370.49-0.130.21-0.780.94-0.310.32-0.62-0.8
-0.320.240.56-0.34-0.45-0.390.280.550.39-0.660.230.58-0.210.55-0.510.360.29-0.150.18-0.430.690.330.16-0.3-0.55
0.130.12-0.710.330.480.59-0.96-0.59-0.530.370.35-0.45-0.21-0.670.36-0.320.250.49-0.460.48-0.420.37-0.950.760.49
-0.110.370.55-0.09-0.85-0.890.610.370.79-0.61-0.030.810.55-0.67-0.650.520.32-0.320.08-0.830.79-0.150.63-0.71-0.88
0.43-0.37-0.460.160.560.71-0.3-0.32-0.590.720.02-0.65-0.510.36-0.65-0.32-0.320.180.320.71-0.710.2-0.230.610.83
0.070.280.230.06-0.62-0.410.390.080.44-0.30.230.370.36-0.320.52-0.320.19-0.02-0.01-0.30.44-0.170.33-0.28-0.5
-0.350.91-0.02-0.12-0.29-0.18-0.34-0.180.12-0.52-0.170.490.290.250.32-0.320.19-0.04-0.28-0.240.5-0.25-0.34-0.08-0.41
-0.090.09-0.23-0.010.060.21-0.47-0.14-0.260.160.05-0.13-0.150.49-0.320.18-0.02-0.04-0.09-0.01-0.24-0.01-0.420.220.26
-0.22-0.150.69-0.67-0.060.040.520.650.0-0.15-0.40.210.18-0.460.080.32-0.01-0.28-0.090.050.1-0.080.48-0.180.22
0.27-0.35-0.460.130.870.9-0.37-0.34-0.690.570.05-0.78-0.430.48-0.830.71-0.3-0.24-0.010.05-0.680.2-0.430.720.82
-0.420.550.63-0.36-0.72-0.770.330.480.76-0.910.010.940.69-0.420.79-0.710.440.5-0.240.1-0.68-0.220.25-0.5-0.84
0.45-0.42-0.220.380.190.2-0.21-0.11-0.090.360.65-0.310.330.37-0.150.2-0.17-0.25-0.01-0.080.2-0.22-0.230.40.19
0.0-0.180.62-0.23-0.45-0.530.960.470.47-0.17-0.340.320.16-0.950.63-0.230.33-0.34-0.420.48-0.430.25-0.23-0.74-0.4
0.47-0.27-0.630.440.660.68-0.69-0.43-0.540.570.52-0.62-0.30.76-0.710.61-0.28-0.080.22-0.180.72-0.50.4-0.740.7
0.21-0.49-0.420.040.80.9-0.39-0.19-0.860.71-0.04-0.8-0.550.49-0.880.83-0.5-0.410.260.220.82-0.840.19-0.40.7
Click cells to compare fundamentals

Sprott Account Relationship Matchups

Sprott fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets377.3M365.9M383.7M378.8M388.8M362.5M
Other Current Liab15.2M15.8M12.3M7.8M9.0M17.0M
Total Current Liabilities47.2M28.1M25.8M21.4M30.3M39.5M
Total Stockholder Equity291.0M291.2M277.3M305.7M323.6M286.9M
Property Plant And Equipment Net16.6M16.5M12.5M10.9M19.2M20.1M
Net Debt(27.1M)(20.0M)2.8M3.6M4.1M4.3M
Retained Earnings(104.5M)(97.0M)(105.3M)(89.4M)(67.3M)(63.9M)
Accounts Payable29.7M9.4M10.7M12.6M7.6M7.2M
Cash44.1M49.8M51.7M20.7M46.8M57.8M
Non Current Assets Total292.0M288.3M306.8M333.8M309.6M207.2M
Non Currrent Assets Other16.1M12.4M21.3M24.3M27.3M17.7M
Cash And Short Term Investments53.6M55.9M55.0M22.9M20.6M19.6M
Net Receivables22.5M14.8M13.2M8.7M15.4M26.6M
Common Stock Shares Outstanding25.8M25.9M26.2M26.1M25.8M23.9M
Short Term Investments9.5M6.1M3.3M2.2M225K213.8K
Liabilities And Stockholders Equity377.3M365.9M383.7M378.8M435.7M358.7M
Non Current Liabilities Total39.1M46.5M80.7M51.7M34.9M22.6M
Inventory(12.1M)(7.8M)(4.5M)(3.0M)(2.7M)(2.8M)
Other Current Assets9.2M6.8M8.7M13.5M14.7M19.7M
Other Stockholder Equity169.6M154.7M197.5M35.3M40.6M38.5M
Total Liab86.4M74.7M106.5M73.1M65.2M55.0M
Property Plant And Equipment Gross16.6M32.5M30.9M31.0M39.9M41.9M
Total Current Assets85.3M77.5M77.0M45.1M79.2M113.0M
Accumulated Other Comprehensive Income(65.6M)(64.6M)(79.6M)(74.9M)(67.4M)(64.1M)
Other Assets24.5M17.8M13.9M23.0M26.4M14.2M
Intangible Assets156.0M170.1M178.6M182.9M168.3M103.5M
Common Stock417.8M417.4M428.5M434.8M500.0M384.3M
Other Liab6.7M14.3M8.5M8.2M9.5M8.2M
Net Tangible Assets138.4M115.9M102.0M79.5M71.6M68.0M
Long Term Investments82.5M68.8M73.6M93.5M72.8M64.2M
Property Plant Equipment16.2M16.6M16.5M12.5M14.4M11.4M
Short Long Term Debt Total17.0M29.8M54.4M24.2M27.9M20.7M
Current Deferred Revenue(21.7M)(37.6M)(73.8M)(32.0M)(28.8M)(30.2M)
Short Term Debt21.7M37.6M73.8M32.0M36.8M24.1M
Capital Surpluse43.2M43.3M35.4M33.7M38.8M38.6M
Long Term Debt Total11.5M17.0M29.8M54.4M62.6M65.7M

Pair Trading with Sprott

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sprott position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sprott will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Sprott could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprott when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sprott - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sprott Inc to buy it.
The correlation of Sprott is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sprott moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sprott can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sprott Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sprott's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sprott Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sprott Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Please note, there is a significant difference between Sprott's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.