Sprott Stock Based Compensation vs Change To Operating Activities Analysis

SII Stock  CAD 102.46  1.03  1.00%   
Sprott financial indicator trend analysis is much more than just breaking down Sprott Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprott Inc is a good investment. Please check the relationship between Sprott Stock Based Compensation and its Change To Operating Activities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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.

Stock Based Compensation vs Change To Operating Activities

Stock Based Compensation vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprott Inc Stock Based Compensation account and Change To Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sprott's Stock Based Compensation and Change To Operating Activities is -0.46. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Sprott Inc, assuming nothing else is changed. The correlation between historical values of Sprott's Stock Based Compensation and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Sprott Inc are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Stock Based Compensation i.e., Sprott's Stock Based Compensation and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Change To Operating Activities

Most indicators from Sprott's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprott Inc 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 Sprott Inc. 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, Sprott's Selling General Administrative is very stable compared to the past year. As of the 22nd of July 2025, Tax Provision is likely to grow to about 20.7 M, while Sales General And Administrative To Revenue is likely to drop 0.16.
 2022 2023 2024 2025 (projected)
Gross Profit74.2M64.2M80.8M80.0M
Total Revenue154.3M146.3M178.7M109.9M

Sprott fundamental ratios Correlations

-0.42-0.530.860.210.09-0.08-0.550.040.740.62-0.53-0.320.13-0.110.430.07-0.35-0.14-0.220.27-0.420.460.00.470.21
-0.420.14-0.24-0.4-0.34-0.23-0.170.3-0.58-0.330.630.240.120.37-0.370.280.910.13-0.15-0.350.55-0.43-0.18-0.27-0.49
-0.530.14-0.75-0.46-0.490.710.850.45-0.69-0.390.70.56-0.710.55-0.460.23-0.02-0.110.69-0.460.63-0.240.62-0.63-0.42
0.86-0.24-0.750.140.02-0.33-0.740.040.640.67-0.49-0.340.33-0.090.160.06-0.12-0.06-0.670.13-0.360.39-0.230.440.04
0.21-0.4-0.460.140.85-0.42-0.31-0.710.57-0.04-0.72-0.450.48-0.850.56-0.62-0.29-0.25-0.060.87-0.720.22-0.450.660.8
0.09-0.34-0.490.020.85-0.48-0.25-0.920.58-0.04-0.75-0.390.59-0.890.71-0.41-0.18-0.060.040.9-0.770.24-0.530.680.9
-0.08-0.230.71-0.33-0.42-0.480.620.44-0.28-0.280.360.28-0.960.61-0.30.39-0.34-0.340.52-0.370.33-0.220.96-0.69-0.39
-0.55-0.170.85-0.74-0.31-0.250.620.14-0.58-0.250.480.55-0.590.37-0.320.08-0.18-0.020.65-0.340.48-0.130.47-0.43-0.19
0.040.30.450.04-0.71-0.920.440.14-0.540.160.740.39-0.530.79-0.590.440.12-0.090.0-0.690.76-0.130.47-0.54-0.86
0.74-0.58-0.690.640.570.58-0.28-0.58-0.540.26-0.94-0.660.37-0.610.72-0.3-0.520.05-0.150.57-0.910.38-0.170.570.71
0.62-0.33-0.390.67-0.04-0.04-0.28-0.250.160.26-0.20.230.35-0.030.020.23-0.17-0.01-0.40.050.010.65-0.340.52-0.04
-0.530.630.7-0.49-0.72-0.750.360.480.74-0.94-0.20.62-0.460.78-0.690.410.53-0.040.19-0.680.97-0.350.3-0.6-0.82
-0.320.240.56-0.34-0.45-0.390.280.550.39-0.660.230.62-0.210.55-0.510.360.29-0.070.18-0.430.690.310.16-0.3-0.55
0.130.12-0.710.330.480.59-0.96-0.59-0.530.370.35-0.46-0.21-0.670.36-0.320.250.3-0.460.48-0.420.38-0.950.760.49
-0.110.370.55-0.09-0.85-0.890.610.370.79-0.61-0.030.780.55-0.67-0.650.520.32-0.060.08-0.830.79-0.190.63-0.71-0.88
0.43-0.37-0.460.160.560.71-0.3-0.32-0.590.720.02-0.69-0.510.36-0.65-0.32-0.320.090.320.71-0.710.22-0.230.610.83
0.070.280.230.06-0.62-0.410.390.080.44-0.30.230.410.36-0.320.52-0.320.19-0.03-0.01-0.30.44-0.170.33-0.28-0.5
-0.350.91-0.02-0.12-0.29-0.18-0.34-0.180.12-0.52-0.170.530.290.250.32-0.320.19-0.01-0.28-0.240.5-0.25-0.34-0.08-0.41
-0.140.13-0.11-0.06-0.25-0.06-0.34-0.02-0.090.05-0.01-0.04-0.070.3-0.060.09-0.03-0.01-0.01-0.32-0.08-0.09-0.23-0.010.07
-0.22-0.150.69-0.67-0.060.040.520.650.0-0.15-0.40.190.18-0.460.080.32-0.01-0.28-0.010.050.1-0.080.48-0.180.22
0.27-0.35-0.460.130.870.9-0.37-0.34-0.690.570.05-0.68-0.430.48-0.830.71-0.3-0.24-0.320.05-0.680.25-0.430.720.82
-0.420.550.63-0.36-0.72-0.770.330.480.76-0.910.010.970.69-0.420.79-0.710.440.5-0.080.1-0.68-0.250.25-0.5-0.84
0.46-0.43-0.240.390.220.24-0.22-0.13-0.130.380.65-0.350.310.38-0.190.22-0.17-0.25-0.09-0.080.25-0.25-0.240.440.22
0.0-0.180.62-0.23-0.45-0.530.960.470.47-0.17-0.340.30.16-0.950.63-0.230.33-0.34-0.230.48-0.430.25-0.24-0.74-0.4
0.47-0.27-0.630.440.660.68-0.69-0.43-0.540.570.52-0.6-0.30.76-0.710.61-0.28-0.08-0.01-0.180.72-0.50.44-0.740.7
0.21-0.49-0.420.040.80.9-0.39-0.19-0.860.71-0.04-0.82-0.550.49-0.880.83-0.5-0.410.070.220.82-0.840.22-0.40.7
Click cells to compare fundamentals

Sprott Account Relationship Matchups

Sprott fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets377.3M365.9M383.7M378.8M388.8M362.5M
Other Current Liab15.2M15.8M12.3M7.8M9.0M17.0M
Total Current Liabilities47.2M28.1M25.8M21.4M30.3M39.5M
Total Stockholder Equity291.0M291.2M277.3M305.7M323.6M286.9M
Property Plant And Equipment Net16.6M16.5M12.5M10.9M19.2M20.1M
Net Debt(27.1M)(20.0M)2.8M3.6M4.1M4.3M
Retained Earnings(104.5M)(97.0M)(105.3M)(89.4M)(67.3M)(63.9M)
Accounts Payable29.7M9.4M10.7M12.6M7.6M7.2M
Cash44.1M49.8M51.7M20.7M46.8M57.8M
Non Current Assets Total292.0M288.3M306.8M333.8M309.6M207.2M
Non Currrent Assets Other16.1M12.4M21.3M24.3M27.3M17.7M
Cash And Short Term Investments53.6M55.9M55.0M22.9M47.1M77.7M
Net Receivables22.5M14.8M13.2M8.7M15.4M26.6M
Common Stock Shares Outstanding25.8M25.9M26.2M26.1M25.8M23.9M
Short Term Investments9.5M6.1M3.3M2.2M225K213.8K
Liabilities And Stockholders Equity377.3M365.9M383.7M378.8M388.8M362.5M
Non Current Liabilities Total39.1M46.5M80.7M51.7M34.9M22.6M
Inventory(12.1M)(7.8M)(4.5M)(3.0M)(2.7M)(2.8M)
Other Current Assets9.2M6.8M8.7M13.5M14.7M19.7M
Other Stockholder Equity169.6M154.7M197.5M35.3M(95.5M)(90.7M)
Total Liab86.4M74.7M106.5M73.1M65.2M55.0M
Property Plant And Equipment Gross16.6M32.5M30.9M31.0M39.9M41.9M
Total Current Assets85.3M77.5M77.0M45.1M79.2M113.0M
Accumulated Other Comprehensive Income(65.6M)(64.6M)(79.6M)(74.9M)(67.4M)(64.1M)
Other Assets17.8M13.9M23.0M28.8M30.2M16.6M
Intangible Assets156.0M170.1M178.6M182.9M168.3M103.5M
Common Stock417.8M417.4M428.5M434.8M450.1M392.8M
Other Liab6.7M14.3M8.5M8.2M9.5M8.2M
Net Tangible Assets138.4M115.9M102.0M79.5M71.6M68.0M
Long Term Investments82.5M68.8M73.6M93.5M72.8M64.2M
Property Plant Equipment16.6M16.5M12.5M10.9M19.2M12.3M
Short Long Term Debt Total17.0M29.8M54.4M24.2M27.9M20.7M
Current Deferred Revenue(21.7M)(37.6M)(73.8M)(32.0M)(28.8M)(30.2M)
Short Term Debt5.5M3.8M21.7M37.6M73.8M32.0M
Capital Surpluse43.3M35.4M33.7M35.3M36.3M38.7M

Pair Trading with Sprott

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sprott position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sprott will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sprott Stock

  0.79LQWD LQwD FinTech Corp Earnings Call This WeekPairCorr

Moving against Sprott Stock

  0.8CNRI Canadian North ResourcesPairCorr
  0.34NZP Chatham Rock PhosphatePairCorr
The ability to find closely correlated positions to Sprott could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprott when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sprott - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sprott Inc to buy it.
The correlation of Sprott is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sprott moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sprott can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sprott Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sprott's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sprott Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sprott Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Please note, there is a significant difference between Sprott's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.