Sarama Total Current Assets vs Cash And Short Term Investments Analysis

SWA Stock  CAD 0.03  0.01  14.29%   
Sarama Resource financial indicator trend analysis is much more than just breaking down Sarama Resource prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sarama Resource is a good investment. Please check the relationship between Sarama Resource Total Current Assets 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 Sarama Resource. 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 Current Assets vs Cash And Short Term Investments

Total Current Assets 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 Sarama Resource Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between Sarama Resource's Total Current Assets and Cash And Short Term Investments is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Sarama Resource, assuming nothing else is changed. The correlation between historical values of Sarama Resource's Total Current Assets 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 Total Current Assets of Sarama Resource 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 Total Current Assets i.e., Sarama Resource's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Sarama Resource balance sheet. This account contains Sarama Resource investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sarama Resource 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 Sarama Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sarama Resource 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 Sarama Resource. 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, Sarama Resource's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.4 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (3.08).
 2023 2024 (projected)
Research Development4.8K4.6K
Interest Income20K21K

Sarama Resource fundamental ratios Correlations

-0.220.421.00.88-0.550.940.590.860.590.45-0.740.960.310.590.510.510.870.670.12-0.870.88-0.96-0.29-0.48-0.29
-0.220.03-0.23-0.36-0.21-0.110.14-0.360.14-0.190.08-0.210.120.140.170.17-0.340.23-0.110.18-0.350.2-0.16-0.080.27
0.420.030.340.17-0.460.320.580.150.580.11-0.210.330.950.580.650.650.280.25-0.15-0.270.28-0.32-0.13-0.12-0.19
1.0-0.230.340.9-0.530.950.550.870.550.45-0.750.970.230.560.470.470.870.670.13-0.880.89-0.97-0.28-0.47-0.3
0.88-0.360.170.9-0.110.740.141.00.140.38-0.590.950.060.140.050.050.650.690.23-0.710.67-0.81-0.24-0.4-0.27
-0.55-0.21-0.46-0.53-0.11-0.71-0.99-0.05-0.99-0.280.53-0.36-0.41-0.99-0.95-0.95-0.71-0.20.180.61-0.690.640.180.30.15
0.94-0.110.320.950.74-0.710.710.710.710.46-0.860.870.20.710.630.630.90.650.09-0.960.9-0.97-0.36-0.59-0.29
0.590.140.580.550.14-0.990.710.091.00.29-0.540.390.531.00.980.980.720.2-0.18-0.620.7-0.65-0.18-0.31-0.15
0.86-0.360.150.871.0-0.050.710.090.080.35-0.570.940.040.090.00.00.60.70.25-0.680.63-0.77-0.23-0.38-0.26
0.590.140.580.550.14-0.990.711.00.080.29-0.540.380.521.00.980.980.720.2-0.19-0.620.7-0.65-0.18-0.31-0.15
0.45-0.190.110.450.38-0.280.460.290.350.29-0.410.40.120.310.280.280.540.060.19-0.440.56-0.5-0.3-0.40.07
-0.740.08-0.21-0.75-0.590.53-0.86-0.54-0.57-0.54-0.41-0.67-0.15-0.54-0.49-0.49-0.68-0.65-0.150.89-0.690.790.370.890.08
0.96-0.210.330.970.95-0.360.870.390.940.380.4-0.670.210.390.310.310.750.770.24-0.80.77-0.91-0.26-0.42-0.3
0.310.120.950.230.06-0.410.20.530.040.520.12-0.150.210.520.60.60.180.18-0.09-0.160.17-0.21-0.16-0.150.12
0.590.140.580.560.14-0.990.711.00.091.00.31-0.540.390.520.980.980.730.2-0.16-0.620.71-0.65-0.19-0.32-0.15
0.510.170.650.470.05-0.950.630.980.00.980.28-0.490.310.60.981.00.630.17-0.18-0.560.61-0.56-0.17-0.28-0.14
0.510.170.650.470.05-0.950.630.980.00.980.28-0.490.310.60.981.00.630.17-0.18-0.560.61-0.56-0.17-0.28-0.14
0.87-0.340.280.870.65-0.710.90.720.60.720.54-0.680.750.180.730.630.630.310.13-0.831.0-0.92-0.24-0.4-0.27
0.670.230.250.670.69-0.20.650.20.70.20.06-0.650.770.180.20.170.170.310.33-0.620.33-0.63-0.28-0.55-0.12
0.12-0.11-0.150.130.230.180.09-0.180.25-0.190.19-0.150.24-0.09-0.16-0.18-0.180.130.33-0.110.16-0.21-0.13-0.220.22
-0.870.18-0.27-0.88-0.710.61-0.96-0.62-0.68-0.62-0.440.89-0.8-0.16-0.62-0.56-0.56-0.83-0.62-0.11-0.830.920.460.670.28
0.88-0.350.280.890.67-0.690.90.70.630.70.56-0.690.770.170.710.610.611.00.330.16-0.83-0.93-0.25-0.41-0.28
-0.960.2-0.32-0.97-0.810.64-0.97-0.65-0.77-0.65-0.50.79-0.91-0.21-0.65-0.56-0.56-0.92-0.63-0.210.92-0.930.260.520.28
-0.29-0.16-0.13-0.28-0.240.18-0.36-0.18-0.23-0.18-0.30.37-0.26-0.16-0.19-0.17-0.17-0.24-0.28-0.130.46-0.250.260.54-0.13
-0.48-0.08-0.12-0.47-0.40.3-0.59-0.31-0.38-0.31-0.40.89-0.42-0.15-0.32-0.28-0.28-0.4-0.55-0.220.67-0.410.520.54-0.21
-0.290.27-0.19-0.3-0.270.15-0.29-0.15-0.26-0.150.070.08-0.30.12-0.15-0.14-0.14-0.27-0.120.220.28-0.280.28-0.13-0.21
Click cells to compare fundamentals

Sarama Resource Account Relationship Matchups

Sarama Resource fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3M3.8M3.2M3.1M2.5M2.3M
Total Current Liabilities1.3M249.6K1.6M692.8K1.1M914.2K
Total Stockholder Equity2.8M2.2M1.2M2.3M1.3M1.3M
Property Plant And Equipment Net51.6K32.7K18.3K90.0K34.1K32.4K
Net Debt(2.2M)(1.6M)(765.6K)(801.7K)(470.4K)(493.9K)
Retained Earnings(50.9M)(53.5M)(56.1M)(60.3M)(62.8M)(59.6M)
Cash2.2M1.6M1.0M843.1K492.5K467.9K
Non Current Assets Total1.9M1.9M1.9M2.1M1.9M1.8M
Cash And Short Term Investments2.3M1.6M1.0M843.1K492.5K467.9K
Net Receivables32.0K59.7K81.6K23.4K23.6K44.5K
Common Stock Shares Outstanding76.1M84.7M94.3M126.3M181.4M190.5M
Liabilities And Stockholders Equity4.3M3.8M3.2M3.1M2.5M2.3M
Other Stockholder Equity3.7M4.0M4.5M5.0M5.2M4.9M
Total Liab1.5M1.6M2.0M707.0K1.1M1.0M
Total Current Assets2.4M1.9M1.3M972.9K568.1K539.7K
Net Tangible Assets2.8M2.2M1.2M2.3M2.1M2.0M
Accounts Payable278.7K249.6K205.7K165.6K108.4K103.0K
Other Current Assets24.5K168.0K128.8K23.9K21.5K20.4K
Common Stock50.2M51.7M52.8M57.7M59.0M51.2M
Property Plant Equipment51.6K32.7K18.3K90.0K81.0K77.0K
Non Current Liabilities Total193.4K1.3M339.2K14.2K58.5K55.6K
Other Liab193.4K1.3M339.2K14.2K16.3K15.5K
Net Invested Capital2.8M2.2M1.2M2.3M1.3M1.6M
Net Working Capital1.1M1.7M(294.2K)280.1K(501.7K)(476.7K)
Capital Stock50.2M51.7M52.8M57.7M59.0M58.2M

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Additional Tools for Sarama Stock Analysis

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