Saville Total Assets vs Net Working Capital Analysis
SRE Stock | CAD 0.40 0.03 8.11% |
Saville Resources financial indicator trend analysis is much more than just breaking down Saville Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saville Resources is a good investment. Please check the relationship between Saville Resources Total Assets and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saville 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 Assets vs Net Working Capital
Total Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saville Resources Total Assets account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Saville Resources' Total Assets and Net Working Capital is 0.66. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Saville Resources, assuming nothing else is changed. The correlation between historical values of Saville Resources' Total Assets and Net Working Capital 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 Assets of Saville Resources are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., Saville Resources' Total Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Saville Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Saville Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Working Capital
Most indicators from Saville Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saville 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 Saville 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. Selling General Administrative is likely to climb to about 324.2 K in 2024, whereas Tax Provision is likely to drop (92.7 K) in 2024.
Saville Resources fundamental ratios Correlations
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Saville Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Saville Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9M | 2.3M | 3.3M | 3.2M | 398.6K | 378.6K | |
Total Current Liabilities | 57.5K | 173.2K | 192.3K | 304.3K | 435.0K | 227.9K | |
Total Stockholder Equity | 1.8M | 2.1M | 2.8M | 2.5M | (36.4K) | (34.6K) | |
Net Tangible Assets | 1.8M | 2.1M | 2.8M | 2.5M | 2.9M | 1.5M | |
Retained Earnings | (8.8M) | (9.2M) | (9.5M) | (9.7M) | (12.3M) | (12.9M) | |
Accounts Payable | 57.5K | 79.4K | 113.4K | 304.3K | 350.0K | 367.5K | |
Cash | 133.4K | 488.3K | 522.7K | 56.1K | 54.5K | 51.8K | |
Net Receivables | 3.0K | 2.8K | 3.0K | 687.0 | 618.3 | 587.39 | |
Total Liab | 77.2K | 203.8K | 468.3K | 673.3K | 435.0K | 297.4K | |
Total Current Assets | 268.1K | 724.8K | 595.3K | 110.9K | 72.5K | 68.9K | |
Property Plant Equipment | 1.6M | 1.6M | 2.7M | 3.1M | 3.5M | 3.7M | |
Non Current Assets Total | 1.6M | 1.6M | 2.7M | 3.1M | 326.1K | 309.8K | |
Net Invested Capital | 1.8M | 2.1M | 3.1M | 2.9M | (36.4K) | (34.6K) | |
Net Working Capital | 210.6K | 551.7K | 403.0K | (193.4K) | (362.5K) | (344.4K) | |
Short Term Investments | 126.4K | 114.7K | 68.1K | 52.5K | 14.4K | 13.7K |
Thematic Opportunities
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Additional Tools for Saville Stock Analysis
When running Saville Resources' price analysis, check to measure Saville 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 Saville Resources is operating at the current time. Most of Saville Resources' value examination focuses on studying past and present price action to predict the probability of Saville Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saville Resources' price. Additionally, you may evaluate how the addition of Saville Resources to your portfolios can decrease your overall portfolio volatility.