SME Stock | | | CAD 0.12 0.00 0.00% |
Sama Resources financial indicator trend analysis is much more than just breaking down Sama Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sama Resources is a good investment. Please check the relationship between Sama Resources Capex To Depreciation and its Pb Ratio accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sama 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.
Capex To Depreciation vs Pb Ratio
Capex To Depreciation vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sama Resources Capex To Depreciation account and
Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sama Resources' Capex To Depreciation and Pb Ratio is -0.05. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Sama Resources, assuming nothing else is changed. The correlation between historical values of Sama Resources' Capex To Depreciation and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Sama Resources are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Capex To Depreciation i.e., Sama Resources' Capex To Depreciation and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Pb Ratio
Most indicators from Sama Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sama 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 Sama 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 drop to about 1.7
M in 2024.
Tax Provision is likely to climb to about (269.9
K) in 2024
Sama Resources fundamental ratios Correlations
Click cells to compare fundamentals
Sama Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sama Resources fundamental ratios Accounts
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Additional Tools for Sama Stock Analysis
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