Sovereign Total Current Assets from 2010 to 2026

SVM Stock  EUR 0.44  0.02  4.76%   
Sovereign Metals' Total Current Assets are increasing over the last several years with slightly volatile swings. Total Current Assets are estimated to finish at about 68.1 M this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2010-12-31
Previous Quarter
64.9 M
Current Value
68.1 M
Quarterly Volatility
23.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Sovereign Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sovereign Metals' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 2.5 M or Interest Income of 2.5 M, as well as many indicators such as . Sovereign financial statements analysis is a perfect complement when working with Sovereign Metals Valuation or Volatility modules.
  
This module can also supplement various Sovereign Metals Technical models . Check out the analysis of Sovereign Metals Correlation against competitors.
The Total Current Assets trend for Sovereign Metals Limited offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Sovereign Metals is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Sovereign Metals' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Sovereign Metals Limited over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Sovereign Metals' Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sovereign Metals' overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Sovereign Total Current Assets Regression Statistics

Arithmetic Mean16,620,886
Geometric Mean6,713,104
Coefficient Of Variation142.28
Mean Deviation18,604,933
Median4,036,669
Standard Deviation23,648,872
Sample Variance559.3T
Range65.8M
R-Value0.79
Mean Square Error220.2T
R-Squared0.63
Significance0.0001
Slope3,719,930
Total Sum of Squares8948.3T

Sovereign Total Current Assets History

202668.1 M
202564.9 M
202456.4 M
202332.4 M
20226.3 M
202119.4 M
20208.2 M

About Sovereign Metals Financial Statements

Sovereign Metals stakeholders use historical fundamental indicators, such as Sovereign Metals' Total Current Assets, to determine how well the company is positioned to perform in the future. Although Sovereign Metals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sovereign Metals' assets and liabilities are reflected in the revenues and expenses on Sovereign Metals' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sovereign Metals Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets64.9 M68.1 M

Currently Active Assets on Macroaxis

Other Information on Investing in Sovereign Stock

Sovereign Metals financial ratios help investors to determine whether Sovereign Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sovereign with respect to the benefits of owning Sovereign Metals security.