Southern Inventory Turnover vs Ev To Sales Analysis
SOU Stock | CAD 0.10 0.01 11.11% |
Southern Energy financial indicator trend analysis is much more than just breaking down Southern Energy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Energy Corp is a good investment. Please check the relationship between Southern Energy Inventory Turnover and its Ev To Sales accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Energy Corp. 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.
Inventory Turnover vs Ev To Sales
Inventory Turnover vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Energy Corp Inventory Turnover account and Ev To Sales. At this time, the significance of the direction appears to have weak relationship.
The correlation between Southern Energy's Inventory Turnover and Ev To Sales is 0.35. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Southern Energy Corp, assuming nothing else is changed. The correlation between historical values of Southern Energy's Inventory Turnover and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Southern Energy Corp are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Inventory Turnover i.e., Southern Energy's Inventory Turnover and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most indicators from Southern Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Energy Corp 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 Southern Energy Corp. 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, Southern Energy's Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Enterprise Value Over EBITDA is likely to drop (1.07) in 2024.
Southern Energy fundamental ratios Correlations
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Southern Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southern Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.6M | 30.3M | 46.2M | 97.7M | 67.3M | 70.7M | |
Other Current Liab | 80.4K | 370.9K | 632K | 5.1M | 10K | 9.5K | |
Total Current Liabilities | 6.7M | 19.9M | 9.8M | 17.4M | 19.9M | 20.9M | |
Total Stockholder Equity | 7.6M | 243.9K | 23.8M | 67.4M | 25.8M | 14.7M | |
Property Plant And Equipment Net | 34.5M | 27.5M | 33.6M | 60.0M | 59.7M | 62.7M | |
Net Debt | 19.3M | 18.4M | 536K | (20.9M) | 12.7M | 13.4M | |
Retained Earnings | (23.7M) | (33.2M) | (23.9M) | (14.6M) | (61.4M) | (58.3M) | |
Cash | 324.6K | 908.1K | 9.6M | 28.4M | 3.1M | 5.2M | |
Non Current Assets Total | 34.6M | 27.5M | 33.6M | 60.0M | 59.9M | 62.9M | |
Cash And Short Term Investments | 324.6K | 908.1K | 9.6M | 28.4M | 32.6M | 34.2M | |
Net Receivables | 1.8M | 1.7M | 2.5M | 3.7M | 4.3M | 4.5M | |
Common Stock Shares Outstanding | 26.9M | 27.6M | 55.0M | 123.0M | 165.7M | 174.0M | |
Liabilities And Stockholders Equity | 37.6M | 30.3M | 46.2M | 97.7M | 112.3M | 117.9M | |
Non Current Liabilities Total | 23.4M | 10.1M | 12.6M | 12.8M | 21.6M | 22.7M | |
Other Current Assets | 1.2M | 312K | 591.2K | 7.5M | 8.6M | 9.1M | |
Other Stockholder Equity | 4.6M | 4.9M | 7.4M | 7.5M | 6.8M | 8.8M | |
Total Liab | 30.0M | 30.1M | 22.4M | 30.3M | 41.5M | 43.6M | |
Total Current Assets | 3.1M | 2.8M | 12.6M | 37.6M | 7.4M | 7.9M | |
Other Liab | 5.3M | 4.3M | 3.8M | 6.6M | 7.6M | 4.2M | |
Net Tangible Assets | 9.9M | 243K | 23.8M | 67.4M | 77.5M | 81.4M | |
Accounts Payable | 2.0M | 1.8M | 3.4M | 11.1M | 5.5M | 3.1M | |
Common Stock | 27.1M | 27.8M | 41.0M | 75.3M | 86.6M | 90.9M | |
Property Plant Equipment | 45.0M | 27.5M | 33.6M | 60.0M | 69.0M | 72.5M | |
Net Invested Capital | 34.8M | 7.8M | 32.4M | 73.5M | 41.7M | 33.2M | |
Net Working Capital | (4.7M) | (21.8M) | 2.8M | 20.2M | (12.5M) | (11.9M) | |
Short Long Term Debt Total | 19.6M | 19.3M | 10.2M | 7.5M | 6.7M | 11.5M | |
Accumulated Other Comprehensive Income | (372.1K) | 709.7K | (675K) | (790K) | (711K) | (675.5K) | |
Capital Stock | 27.1M | 27.8M | 41.0M | 75.3M | 79.8M | 50.6M | |
Short Term Debt | 292.4K | 13.5M | 1.3M | 1.2M | 1.1M | 1.0M |
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When running Southern Energy's price analysis, check to measure Southern Energy'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 Southern Energy is operating at the current time. Most of Southern Energy's value examination focuses on studying past and present price action to predict the probability of Southern Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Energy's price. Additionally, you may evaluate how the addition of Southern Energy to your portfolios can decrease your overall portfolio volatility.