Storage Inventory vs Cash And Short Term Investments Analysis

SVI Stock   4.08  0.03  0.73%   
Storage Vault financial indicator trend analysis is much more than just breaking down Storage Vault Canada prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Storage Vault Canada is a good investment. Please check the relationship between Storage Vault Inventory and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Storage Vault Canada. 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 vs Cash And Short Term Investments

Inventory vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Storage Vault Canada Inventory account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Storage Vault's Inventory and Cash And Short Term Investments is 0.18. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Storage Vault Canada, assuming nothing else is changed. The correlation between historical values of Storage Vault's Inventory and Cash And Short Term Investments 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 of Storage Vault Canada are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Inventory i.e., Storage Vault's Inventory and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Storage Vault Canada balance sheet. This account contains Storage Vault investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Storage Vault Canada fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Storage Vault's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Storage Vault Canada 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 Storage Vault Canada. 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, Storage Vault's Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Over EBITDA is likely to grow to 22.05, while Tax Provision is likely to drop (9.1 M).
 2021 2022 2023 2024 (projected)
Gross Profit139.0M176.0M193.6M203.3M
Total Revenue208.7M261.8M288.7M303.2M

Storage Vault fundamental ratios Correlations

0.170.740.99-0.980.990.80.80.950.850.690.90.531.00.981.0-0.371.00.991.00.990.980.950.79-0.170.91
0.170.590.09-0.030.170.320.320.250.41-0.070.27-0.240.10.320.21-0.410.140.10.160.2-0.010.20.53-0.210.38
0.740.590.67-0.630.70.930.930.710.960.190.58-0.020.690.860.74-0.610.720.670.740.760.620.750.98-0.480.94
0.990.090.67-1.00.990.750.750.940.80.740.910.591.00.950.99-0.311.01.01.00.970.990.940.72-0.120.87
-0.98-0.03-0.63-1.0-0.98-0.72-0.72-0.93-0.78-0.76-0.91-0.64-0.99-0.93-0.980.26-0.99-0.99-0.98-0.95-0.99-0.92-0.690.12-0.85
0.990.170.70.99-0.980.770.770.940.820.710.90.550.990.960.99-0.350.990.990.990.970.980.950.75-0.140.88
0.80.320.930.75-0.720.771.00.690.960.180.550.030.760.880.78-0.440.780.750.80.830.730.850.96-0.550.95
0.80.320.930.75-0.720.771.00.690.950.180.550.030.760.880.78-0.450.780.760.80.830.730.850.96-0.550.95
0.950.250.710.94-0.930.940.690.690.80.770.890.510.950.930.96-0.50.950.920.950.940.920.840.73-0.020.85
0.850.410.960.8-0.780.820.960.950.80.340.670.140.810.920.84-0.510.840.80.850.870.770.850.97-0.450.99
0.69-0.070.190.74-0.760.710.180.180.770.340.820.860.720.580.71-0.130.710.720.690.620.740.510.210.290.43
0.90.270.580.91-0.910.90.550.550.890.670.820.720.910.870.92-0.20.910.920.90.840.880.830.61-0.010.76
0.53-0.24-0.020.59-0.640.550.030.030.510.140.860.720.570.40.550.230.550.610.530.420.610.430.020.290.25
1.00.10.691.0-0.990.990.760.760.950.810.720.910.570.960.99-0.321.00.991.00.980.990.940.74-0.140.88
0.980.320.860.95-0.930.960.880.880.930.920.580.870.40.960.97-0.430.970.950.980.970.920.950.89-0.290.97
1.00.210.740.99-0.980.990.780.780.960.840.710.920.550.990.97-0.361.00.991.00.980.970.950.78-0.150.9
-0.37-0.41-0.61-0.310.26-0.35-0.44-0.45-0.5-0.51-0.13-0.20.23-0.32-0.43-0.36-0.36-0.25-0.37-0.39-0.27-0.24-0.470.09-0.49
1.00.140.721.0-0.990.990.780.780.950.840.710.910.551.00.971.0-0.360.991.00.980.990.940.76-0.160.9
0.990.10.671.0-0.990.990.750.760.920.80.720.920.610.990.950.99-0.250.990.990.960.990.950.73-0.160.87
1.00.160.741.0-0.980.990.80.80.950.850.690.90.531.00.981.0-0.371.00.990.990.980.950.78-0.170.91
0.990.20.760.97-0.950.970.830.830.940.870.620.840.420.980.970.98-0.390.980.960.990.960.960.82-0.180.91
0.98-0.010.620.99-0.990.980.730.730.920.770.740.880.610.990.920.97-0.270.990.990.980.960.930.68-0.110.84
0.950.20.750.94-0.920.950.850.850.840.850.510.830.430.940.950.95-0.240.940.950.950.960.930.83-0.30.9
0.790.530.980.72-0.690.750.960.960.730.970.210.610.020.740.890.78-0.470.760.730.780.820.680.83-0.490.95
-0.17-0.21-0.48-0.120.12-0.14-0.55-0.55-0.02-0.450.29-0.010.29-0.14-0.29-0.150.09-0.16-0.16-0.17-0.18-0.11-0.3-0.49-0.4
0.910.380.940.87-0.850.880.950.950.850.990.430.760.250.880.970.9-0.490.90.870.910.910.840.90.95-0.4
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Storage Vault Account Relationship Matchups

Storage Vault fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.6B1.8B2.0B2.0B2.1B
Total Current Liabilities19.5M28.5M31.5M35.0M34.9M45.2M
Total Stockholder Equity230.7M210.2M222.2M207.2M195.9M119.6M
Net Debt1.0B1.3B1.5B1.7B1.8B1.8B
Retained Earnings(121.1M)(154.4M)(190.3M)(231.5M)(233.2M)(221.5M)
Accounts Payable12.5M18.6M18.5M20.9M21.9M23.0M
Cash24.5M25.5M25.1M22.5M13.9M10.7M
Cash And Short Term Investments24.5M25.5M25.1M22.5M13.9M11.1M
Net Receivables5.4M4.6M4.1M6.6M8.5M8.9M
Common Stock Shares Outstanding360.5M363.5M370.3M378.1M385.6M195.7M
Liabilities And Stockholders Equity1.4B1.6B1.8B2.0B2.0B2.1B
Other Current Assets3.0M3.4M12.5M14.6M15.8M16.6M
Other Stockholder Equity(3.7M)(1.3M)5.9M13.7M11.5M12.1M
Total Liab1.2B1.4B1.6B1.8B1.8B1.9B
Total Current Assets32.9M33.5M41.8M43.8M39.3M41.2M
Short Long Term Debt Total1.1B1.3B1.5B1.7B1.8B1.9B
Property Plant And Equipment Net1.2B1.4B1.6B1.8B1.8B1.9B
Current Deferred Revenue7.0M9.8M12.9M14.1M13.1M13.7M
Non Current Assets Total1.4B1.6B1.8B2.0B2.0B2.1B
Good Will55.8M61.2M97.5M105.3M108.3M113.7M
Non Current Liabilities Total1.1B1.3B1.6B1.8B1.8B1.9B
Short Term Debt456.0M466.0M650.8M560.9M448.3M470.7M
Intangible Assets75.1M62.4M71.2M68.1M50.0M34.5M
Common Stock355.6M365.9M406.6M425.0M404.0M264.7M
Long Term Debt1.0B1.3B1.5B1.7B1.7B1.2B
Long Term Debt Total1.1B1.3B1.5B1.7B2.0B1.1B
Capital Surpluse8.8M15.1M26.4M38.5M44.2M46.4M
Cash And Equivalents24.5M25.5M25.1M22.5M25.9M22.8M
Property Plant Equipment1.2B1.4B1.6B1.9B2.1B1.3B
Other Liab71.1M63.0M58.3M54.6M49.1M47.9M
Net Tangible Assets58.1M50.2M53.4M33.8M30.4M52.3M
Net Invested Capital1.3B1.5B1.7B1.9B1.9B1.7B
Capital Stock355.6M365.9M406.6M425.0M404.0M420.9M
Net Working Capital13.4M5.1M10.3M8.8M4.3M4.6M

Other Information on Investing in Storage Stock

Balance Sheet is a snapshot of the financial position of Storage Vault Canada at a specified time, usually calculated after every quarter, six months, or one year. Storage Vault Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Storage Vault and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Storage currently owns. An asset can also be divided into two categories, current and non-current.