SKRR Net Income Per Share vs Average Payables Analysis
SKRR Stock | CAD 0.18 0.01 5.88% |
SKRR Exploration financial indicator trend analysis is much more than just breaking down SKRR Exploration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SKRR Exploration is a good investment. Please check the relationship between SKRR Exploration Net Income Per Share and its Average Payables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SKRR 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 metropolitan statistical area.
Net Income Per Share vs Average Payables
Net Income Per Share vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SKRR Exploration Net Income Per Share account and Average Payables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between SKRR Exploration's Net Income Per Share and Average Payables is 0.11. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of SKRR Exploration, assuming nothing else is changed. The correlation between historical values of SKRR Exploration's Net Income Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of SKRR Exploration are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Net Income Per Share i.e., SKRR Exploration's Net Income Per Share and Average Payables go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income Per Share
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most indicators from SKRR Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SKRR 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 SKRR 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 metropolitan statistical area. At this time, SKRR Exploration's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 0.12 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 384.8 K in 2024.
SKRR Exploration fundamental ratios Correlations
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SKRR Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SKRR Exploration fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3M | 9.2M | 9.4M | 5.9M | 5.7M | 3.1M | |
Total Current Liabilities | 73.4K | 605.4K | 22.5K | 77.6K | 202.4K | 315.4K | |
Total Stockholder Equity | 2.2M | 8.4M | 9.4M | 5.8M | 5.5M | 2.8M | |
Net Debt | (1.5M) | (3.1M) | (1.4M) | (1.0M) | (931.9K) | (978.5K) | |
Retained Earnings | (5.9M) | (7.1M) | (7.9M) | (11.9M) | (12.9M) | (12.3M) | |
Accounts Payable | 73.4K | 605.4K | 22.5K | 77.6K | 89.2K | 84.7K | |
Cash | 1.5M | 3.1M | 1.4M | 1.0M | 1.1M | 754.7K | |
Non Current Assets Total | 619.5K | 5.0M | 7.1M | 4.1M | 4.4M | 2.3M | |
Cash And Short Term Investments | 1.6M | 3.7M | 1.8M | 1.6M | 1.8M | 1.9M | |
Net Receivables | 20.1K | 202.5K | 173.1K | 185.0K | 212.8K | 223.4K | |
Common Stock Shares Outstanding | 1.5M | 6.2M | 10.6M | 13.9M | 19.4M | 20.3M | |
Liabilities And Stockholders Equity | 2.3M | 9.2M | 9.4M | 5.9M | 6.8M | 7.1M | |
Other Stockholder Equity | 373.0K | 961.5K | 1.1M | 1.1M | 1.0M | 1.4M | |
Total Liab | 73.4K | 741.9K | 22.5K | 77.6K | 216.1K | 328.1K | |
Total Current Assets | 1.7M | 4.2M | 2.3M | 1.8M | 1.3M | 1.0M | |
Accumulated Other Comprehensive Income | 373.0K | 961.5K | 1.1M | 1.1M | 1.3M | 1.3M | |
Net Tangible Assets | 2.2M | 8.4M | 9.4M | 5.8M | 6.7M | 7.0M | |
Common Stock | 7.7M | 14.6M | 16.2M | 16.6M | 19.1M | 10.2M | |
Net Invested Capital | 2.2M | 8.4M | 9.4M | 5.8M | 5.5M | 4.1M | |
Net Working Capital | 1.6M | 3.5M | 2.3M | 1.7M | 1.1M | 1.2M | |
Other Current Assets | 37.5K | 209.2K | 313.5K | 34.5K | 39.7K | 37.7K | |
Capital Stock | 7.7M | 14.6M | 16.2M | 16.6M | 17.3M | 14.2M |
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Additional Tools for SKRR Stock Analysis
When running SKRR Exploration's price analysis, check to measure SKRR Exploration'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 SKRR Exploration is operating at the current time. Most of SKRR Exploration's value examination focuses on studying past and present price action to predict the probability of SKRR Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKRR Exploration's price. Additionally, you may evaluate how the addition of SKRR Exploration to your portfolios can decrease your overall portfolio volatility.