SKRR Short Term Debt vs Net Debt 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 Short Term Debt and its Net Debt 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.

Short Term Debt vs Net Debt

Short Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SKRR Exploration Short Term Debt account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
Short Term DebtNet DebtDiversified AwayShort Term DebtNet DebtDiversified Away100%
The correlation between SKRR Exploration's Short Term Debt and Net Debt is -0.57. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Debt 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 Short Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of SKRR Exploration are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Term Debt i.e., SKRR Exploration's Short Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Debt

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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

-0.5-0.161.00.97-0.86-0.59-0.030.860.98-0.290.880.830.64-0.24-0.080.910.940.90.60.980.60.920.60.250.85
-0.50.54-0.54-0.430.430.080.54-0.39-0.52-0.17-0.44-0.54-0.410.280.5-0.41-0.49-0.44-0.1-0.47-0.1-0.51-0.1-0.24-0.28
-0.160.54-0.24-0.160.0-0.010.970.03-0.23-0.030.01-0.16-0.17-0.380.990.0-0.18-0.190.28-0.180.28-0.190.28-0.06-0.08
1.0-0.54-0.240.96-0.84-0.58-0.120.840.98-0.280.870.830.64-0.21-0.160.90.940.90.570.980.570.920.570.250.84
0.97-0.43-0.160.96-0.72-0.66-0.080.720.99-0.330.790.850.72-0.16-0.10.80.940.910.620.960.620.820.620.340.83
-0.860.430.0-0.84-0.720.48-0.14-1.0-0.730.28-0.97-0.7-0.460.3-0.1-0.99-0.82-0.7-0.57-0.85-0.57-0.96-0.57-0.14-0.7
-0.590.08-0.01-0.58-0.660.48-0.04-0.48-0.60.52-0.65-0.77-0.890.11-0.04-0.51-0.75-0.8-0.84-0.67-0.84-0.56-0.84-0.64-0.27
-0.030.540.97-0.12-0.08-0.14-0.040.18-0.13-0.140.11-0.14-0.2-0.380.970.14-0.11-0.10.32-0.080.32-0.060.32-0.170.04
0.86-0.390.030.840.72-1.0-0.480.180.73-0.30.960.680.44-0.310.130.990.80.720.590.850.590.950.590.140.71
0.98-0.52-0.230.980.99-0.73-0.6-0.130.73-0.270.790.840.69-0.19-0.160.810.930.910.570.960.570.830.570.310.83
-0.29-0.17-0.03-0.28-0.330.280.52-0.14-0.3-0.27-0.32-0.25-0.28-0.28-0.05-0.29-0.29-0.29-0.41-0.28-0.41-0.25-0.41-0.16-0.18
0.88-0.440.010.870.79-0.97-0.650.110.960.79-0.320.830.65-0.310.10.960.90.810.690.90.690.960.690.330.67
0.83-0.54-0.160.830.85-0.7-0.77-0.140.680.84-0.250.830.91-0.25-0.10.730.940.890.660.880.660.780.660.590.54
0.64-0.41-0.170.640.72-0.46-0.89-0.20.440.69-0.280.650.91-0.2-0.140.480.820.830.730.720.730.570.730.770.3
-0.240.28-0.38-0.21-0.160.30.11-0.38-0.31-0.19-0.28-0.31-0.25-0.2-0.38-0.3-0.24-0.27-0.54-0.24-0.54-0.22-0.54-0.11-0.18
-0.080.50.99-0.16-0.1-0.1-0.040.970.13-0.16-0.050.1-0.1-0.14-0.380.09-0.11-0.130.3-0.110.3-0.10.3-0.06-0.02
0.91-0.410.00.90.8-0.99-0.510.140.990.81-0.290.960.730.48-0.30.090.850.770.590.90.590.970.590.110.77
0.94-0.49-0.180.940.94-0.82-0.75-0.110.80.93-0.290.90.940.82-0.24-0.110.850.920.690.980.690.910.690.440.76
0.9-0.44-0.190.90.91-0.7-0.8-0.10.720.91-0.290.810.890.83-0.27-0.130.770.920.760.920.760.80.760.540.6
0.6-0.10.280.570.62-0.57-0.840.320.590.57-0.410.690.660.73-0.540.30.590.690.760.651.00.551.00.590.36
0.98-0.47-0.180.980.96-0.85-0.67-0.080.850.96-0.280.90.880.72-0.24-0.110.90.980.920.650.650.930.650.310.83
0.6-0.10.280.570.62-0.57-0.840.320.590.57-0.410.690.660.73-0.540.30.590.690.761.00.650.551.00.590.36
0.92-0.51-0.190.920.82-0.96-0.56-0.060.950.83-0.250.960.780.57-0.22-0.10.970.910.80.550.930.550.550.170.76
0.6-0.10.280.570.62-0.57-0.840.320.590.57-0.410.690.660.73-0.540.30.590.690.761.00.651.00.550.590.36
0.25-0.24-0.060.250.34-0.14-0.64-0.170.140.31-0.160.330.590.77-0.11-0.060.110.440.540.590.310.590.170.59-0.07
0.85-0.28-0.080.840.83-0.7-0.270.040.710.83-0.180.670.540.3-0.18-0.020.770.760.60.360.830.360.760.36-0.07
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SKRR Exploration Account Relationship Matchups

SKRR Exploration fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3M9.2M9.4M5.9M5.7M3.1M
Total Current Liabilities73.4K605.4K22.5K77.6K202.4K315.4K
Total Stockholder Equity2.2M8.4M9.4M5.8M5.5M2.8M
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 Payable73.4K605.4K22.5K77.6K89.2K84.7K
Cash1.5M3.1M1.4M1.0M1.1M754.7K
Non Current Assets Total619.5K5.0M7.1M4.1M4.4M2.3M
Cash And Short Term Investments1.6M3.7M1.8M1.6M1.8M1.9M
Net Receivables20.1K202.5K173.1K185.0K212.8K223.4K
Common Stock Shares Outstanding1.5M6.2M10.6M13.9M19.4M20.3M
Liabilities And Stockholders Equity2.3M9.2M9.4M5.9M6.8M7.1M
Other Stockholder Equity373.0K961.5K1.1M1.1M1.0M1.4M
Total Liab73.4K741.9K22.5K77.6K216.1K328.1K
Total Current Assets1.7M4.2M2.3M1.8M1.3M1.0M
Accumulated Other Comprehensive Income373.0K961.5K1.1M1.1M1.3M1.3M
Net Tangible Assets2.2M8.4M9.4M5.8M6.7M7.0M
Common Stock7.7M14.6M16.2M16.6M19.1M10.2M
Net Invested Capital2.2M8.4M9.4M5.8M5.5M4.1M
Net Working Capital1.6M3.5M2.3M1.7M1.1M1.2M
Other Current Assets37.5K209.2K313.5K34.5K39.7K37.7K
Capital Stock7.7M14.6M16.2M16.6M17.3M14.2M

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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.