Sanatana Income Quality vs Free Cash Flow Yield Analysis

STA Stock  CAD 0.02  0.01  33.33%   
Sanatana Resources financial indicator trend analysis is much more than just breaking down Sanatana Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanatana Resources is a good investment. Please check the relationship between Sanatana Resources Income Quality and its Free Cash Flow Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanatana 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.

Income Quality vs Free Cash Flow Yield

Income Quality vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanatana Resources Income Quality account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.
Income QualityFree Cash Flow YieldDiversified AwayIncome QualityFree Cash Flow YieldDiversified Away100%
The correlation between Sanatana Resources' Income Quality and Free Cash Flow Yield is 0.43. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Sanatana Resources, assuming nothing else is changed. The correlation between historical values of Sanatana Resources' Income Quality and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Sanatana Resources are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Income Quality i.e., Sanatana Resources' Income Quality and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Sanatana Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanatana 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 Sanatana 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.
At this time, Sanatana Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 6.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 349.6 K in 2024.
 2023 2024 (projected)
Reconciled Depreciation29.9K16.4K
Interest Income110.4K115.9K

Sanatana Resources fundamental ratios Correlations

0.280.581.00.98-0.930.650.930.980.90.96-0.330.540.940.920.740.930.230.57-0.330.56-0.140.0-0.01-0.240.01
0.280.80.280.33-0.170.370.170.340.120.17-0.470.60.290.130.590.110.110.4-0.510.68-0.34-0.16-0.16-0.42-0.06
0.580.80.560.61-0.50.850.50.610.430.53-0.610.460.690.450.70.51-0.070.23-0.630.58-0.37-0.25-0.22-0.56-0.15
1.00.280.560.98-0.920.620.920.980.90.95-0.310.560.910.910.740.920.260.59-0.320.58-0.120.030.02-0.230.04
0.980.330.610.98-0.850.660.851.00.80.93-0.330.60.920.830.750.890.230.63-0.360.64-0.26-0.09-0.13-0.250.0
-0.93-0.17-0.5-0.92-0.85-0.63-1.0-0.85-0.98-0.950.32-0.39-0.92-0.99-0.66-0.94-0.14-0.360.28-0.32-0.04-0.05-0.130.240.04
0.650.370.850.620.66-0.630.630.650.560.68-0.550.20.820.580.580.69-0.230.0-0.540.3-0.27-0.24-0.2-0.52-0.16
0.930.170.50.920.85-1.00.630.850.980.95-0.310.380.920.990.650.940.140.37-0.270.320.040.060.13-0.23-0.02
0.980.340.610.981.0-0.850.650.850.80.93-0.340.610.910.820.760.880.230.64-0.370.64-0.26-0.09-0.13-0.260.0
0.90.120.430.90.8-0.980.560.980.80.89-0.250.320.851.00.590.910.220.33-0.190.30.180.220.31-0.170.06
0.960.170.530.950.93-0.950.680.950.930.89-0.290.430.970.920.650.970.120.47-0.30.4-0.19-0.14-0.12-0.21-0.09
-0.33-0.47-0.61-0.31-0.330.32-0.55-0.31-0.34-0.25-0.29-0.56-0.37-0.26-0.81-0.260.61-0.030.95-0.180.350.370.210.990.36
0.540.60.460.560.6-0.390.20.380.610.320.43-0.560.410.340.80.350.120.8-0.640.69-0.36-0.31-0.24-0.5-0.25
0.940.290.690.910.92-0.920.820.920.910.850.97-0.370.410.880.670.950.050.39-0.370.42-0.24-0.17-0.15-0.3-0.12
0.920.130.450.910.83-0.990.580.990.821.00.92-0.260.340.880.610.930.210.35-0.20.320.140.180.26-0.180.04
0.740.590.70.740.75-0.660.580.650.760.590.65-0.810.80.670.610.61-0.140.51-0.810.59-0.36-0.25-0.17-0.75-0.2
0.930.110.510.920.89-0.940.690.940.880.910.97-0.260.350.950.930.610.120.43-0.270.37-0.16-0.05-0.03-0.2-0.05
0.230.11-0.070.260.23-0.14-0.230.140.230.220.120.610.120.050.21-0.140.120.530.530.570.390.450.40.680.3
0.570.40.230.590.63-0.360.00.370.640.330.47-0.030.80.390.350.510.430.53-0.170.78-0.33-0.11-0.20.030.0
-0.33-0.51-0.63-0.32-0.360.28-0.54-0.27-0.37-0.19-0.30.95-0.64-0.37-0.2-0.81-0.270.53-0.17-0.270.480.540.370.940.49
0.560.680.580.580.64-0.320.30.320.640.30.4-0.180.690.420.320.590.370.570.78-0.27-0.24-0.02-0.07-0.120.03
-0.14-0.34-0.37-0.12-0.26-0.04-0.270.04-0.260.18-0.190.35-0.36-0.240.14-0.36-0.160.39-0.330.48-0.240.680.830.40.27
0.0-0.16-0.250.03-0.09-0.05-0.240.06-0.090.22-0.140.37-0.31-0.170.18-0.25-0.050.45-0.110.54-0.020.680.860.40.82
-0.01-0.16-0.220.02-0.13-0.13-0.20.13-0.130.31-0.120.21-0.24-0.150.26-0.17-0.030.4-0.20.37-0.070.830.860.240.42
-0.24-0.42-0.56-0.23-0.250.24-0.52-0.23-0.26-0.17-0.210.99-0.5-0.3-0.18-0.75-0.20.680.030.94-0.120.40.40.240.38
0.01-0.06-0.150.040.00.04-0.16-0.020.00.06-0.090.36-0.25-0.120.04-0.2-0.050.30.00.490.030.270.820.420.38
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Sanatana Resources Account Relationship Matchups

Sanatana Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets568.2K6.4M5.0M4.7M153.6K146.0K
Other Current Liab215.9K291.6K64.0K282.3K102.9K97.8K
Total Current Liabilities452.9K447.8K159.6K408.7K141.6K134.5K
Total Stockholder Equity115.3K6.0M4.9M4.3M12.1K11.5K
Property Plant And Equipment Net539.9K1.9M2.3M4.2M75.3K71.5K
Net Debt(10.5K)(3.0M)(1.2M)(164.8K)17.2K18.0K
Accounts Payable237.1K156.2K95.6K126.4K17.2K16.4K
Cash10.5K3.0M1.2M339.4K21.5K20.4K
Non Current Assets Total539.9K1.9M2.4M4.2M75.3K71.5K
Cash And Short Term Investments10.5K4.4M2.6M427.4K55.5K52.7K
Net Receivables1.8K29.7K10.8K37.3K2.7K2.6K
Common Stock Shares Outstanding19.5M37.4M49.0M69.1M76.2M80.0M
Liabilities And Stockholders Equity568.2K6.4M5.0M4.7M153.6K146.0K
Other Stockholder Equity5.2M5.3M6.2M600K540K513K
Total Liab452.9K447.8K159.6K408.7K141.6K134.5K
Total Current Assets28.3K4.5M2.6M480.9K78.3K74.4K
Accumulated Other Comprehensive Income5.3M6.2M6.6M6.9M7.0M7.3M
Retained Earnings(51.3M)(50.0M)(52.1M)(55.7M)(60.3M)(63.4M)
Net Tangible Assets655.3K115.3K6.0M4.9M5.6M5.9M
Common Stock46.2M49.7M49.8M53.1M53.4M51.2M
Property Plant Equipment31.1K539.9K1.9M2.3M2.0M1.3M
Other Current Assets16.0K57.5K24.4K16.2K20.2K24.2K
Net Invested Capital115.3K6.0M4.9M4.3M12.1K11.5K
Net Working Capital(424.7K)4.1M2.5M72.2K(63.2K)(60.1K)
Capital Stock46.2M49.7M49.8M53.1M53.4M54.6M

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