Silvercorp Short Term Debt vs Total Current Assets Analysis

0QZ2 Stock   4.56  0.08  1.72%   
Silvercorp Metals financial indicator trend analysis is much more than just breaking down Silvercorp Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silvercorp Metals is a good investment. Please check the relationship between Silvercorp Metals Short Term Debt and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Silvercorp Metals. 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.
For more information on how to buy Silvercorp Stock please use our How to Invest in Silvercorp Metals guide.

Short Term Debt vs Total Current Assets

Short Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silvercorp Metals Short Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Silvercorp Metals' Short Term Debt and Total Current Assets is -0.8. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Silvercorp Metals, assuming nothing else is changed. The correlation between historical values of Silvercorp Metals' Short Term Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Silvercorp Metals are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Debt i.e., Silvercorp Metals' Short Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Debt

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.
Most indicators from Silvercorp Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silvercorp Metals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Silvercorp Metals. 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.
For more information on how to buy Silvercorp Stock please use our How to Invest in Silvercorp Metals guide.Tax Provision is likely to gain to about 12.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 23.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit128.5M115.9M125.8M107.1M
Total Revenue217.9M208.1M215.2M185.4M

Silvercorp Metals fundamental ratios Correlations

-0.88-0.390.470.990.77-0.80.970.890.840.960.330.370.920.430.580.670.060.330.20.850.92-0.860.740.750.8
-0.880.12-0.5-0.88-0.750.68-0.85-0.68-0.69-0.85-0.15-0.18-0.81-0.3-0.53-0.660.06-0.13-0.44-0.77-0.80.98-0.67-0.49-0.58
-0.390.120.44-0.360.160.47-0.43-0.39-0.47-0.21-0.87-0.89-0.56-0.49-0.48-0.47-0.43-0.290.53-0.55-0.580.21-0.58-0.72-0.74
0.47-0.50.440.450.7-0.370.390.620.370.59-0.41-0.350.260.160.190.01-0.14-0.130.60.280.25-0.430.220.220.15
0.99-0.88-0.360.450.81-0.770.980.850.810.970.270.310.890.340.540.650.00.380.240.810.88-0.860.70.70.75
0.77-0.750.160.70.81-0.480.740.640.490.91-0.3-0.280.48-0.020.30.29-0.340.330.540.420.47-0.680.370.30.29
-0.80.680.47-0.37-0.77-0.48-0.77-0.83-0.93-0.71-0.41-0.49-0.82-0.56-0.85-0.36-0.03-0.23-0.08-0.84-0.820.75-0.93-0.84-0.86
0.97-0.85-0.430.390.980.74-0.770.840.830.940.30.380.880.320.510.610.00.330.210.820.88-0.850.690.740.78
0.89-0.68-0.390.620.850.64-0.830.840.870.840.320.410.820.60.580.440.110.110.140.820.82-0.670.740.870.84
0.84-0.69-0.470.370.810.49-0.930.830.870.740.410.510.880.590.620.38-0.020.220.110.90.87-0.710.820.860.9
0.96-0.85-0.210.590.970.91-0.710.940.840.740.080.130.770.260.490.53-0.10.350.320.710.77-0.820.620.640.65
0.33-0.15-0.87-0.410.27-0.3-0.410.30.320.410.080.960.610.650.460.640.560.12-0.470.580.63-0.220.560.610.69
0.37-0.18-0.89-0.350.31-0.28-0.490.380.410.510.130.960.630.70.480.550.490.07-0.460.650.65-0.270.620.730.78
0.92-0.81-0.560.260.890.48-0.820.880.820.880.770.610.630.610.620.780.260.220.030.931.0-0.810.810.810.89
0.43-0.3-0.490.160.34-0.02-0.560.320.60.590.260.650.70.610.510.40.2-0.17-0.20.770.61-0.340.690.710.75
0.58-0.53-0.480.190.540.3-0.850.510.580.620.490.460.480.620.510.380.180.16-0.070.640.62-0.650.920.670.68
0.67-0.66-0.470.010.650.29-0.360.610.440.380.530.640.550.780.40.380.520.15-0.10.610.78-0.630.470.430.55
0.060.06-0.43-0.140.0-0.34-0.030.00.11-0.02-0.10.560.490.260.20.180.52-0.14-0.540.070.280.040.080.250.25
0.33-0.13-0.29-0.130.380.33-0.230.330.110.220.350.120.070.22-0.170.160.15-0.140.170.120.25-0.160.20.10.19
0.2-0.440.530.60.240.54-0.080.210.140.110.32-0.47-0.460.03-0.2-0.07-0.1-0.540.170.080.01-0.380.01-0.24-0.2
0.85-0.77-0.550.280.810.42-0.840.820.820.90.710.580.650.930.770.640.610.070.120.080.93-0.80.870.840.93
0.92-0.8-0.580.250.880.47-0.820.880.820.870.770.630.651.00.610.620.780.280.250.010.93-0.80.810.810.9
-0.860.980.21-0.43-0.86-0.680.75-0.85-0.67-0.71-0.82-0.22-0.27-0.81-0.34-0.65-0.630.04-0.16-0.38-0.8-0.8-0.76-0.55-0.64
0.74-0.67-0.580.220.70.37-0.930.690.740.820.620.560.620.810.690.920.470.080.20.010.870.81-0.760.820.87
0.75-0.49-0.720.220.70.3-0.840.740.870.860.640.610.730.810.710.670.430.250.1-0.240.840.81-0.550.820.97
0.8-0.58-0.740.150.750.29-0.860.780.840.90.650.690.780.890.750.680.550.250.19-0.20.930.9-0.640.870.97
Click cells to compare fundamentals

Silvercorp Metals Account Relationship Matchups

Silvercorp Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets512.8M652.6M723.5M676.8M702.8M589.5M
Short Long Term Debt Total1.5M1.1M614K314K1.3M1.5M
Other Current Liab4.1M6.2M5.7M4.2M5.1M6.9M
Total Current Liabilities27.8M37.2M46.0M41.2M47.2M42.9M
Total Stockholder Equity368.7M467.6M512.4M489.1M507.3M415.1M
Property Plant And Equipment Net291.3M353.2M405.9M383.5M398.7M373.1M
Net Debt(64.3M)(117.7M)(112.7M)(145.4M)(151.6M)(144.0M)
Retained Earnings171.3M213.3M239.5M255.7M287.6M168.9M
Accounts Payable23.1M30.3M39.7M36.7M41.8M32.2M
Cash65.8M118.7M113.3M145.7M152.9M93.6M
Non Current Assets Total354.6M431.5M491.2M457.8M500.9M426.0M
Non Currrent Assets Other10.0M9.1M10.8M8.0M6.5M7.4M
Other Assets14.0M11.4M13.4M10.9M12.5M9.6M
Cash And Short Term Investments142.5M199.1M212.9M203.3M184.9M145.2M
Net Receivables1.5M1.8M3.9M1.9M2.8M1.7M
Common Stock Shares Outstanding174.1M177.1M178.3M179.0M179.1M191.0M
Short Term Investments76.7M80.4M99.6M57.6M31.9M51.5M
Liabilities And Stockholders Equity512.8M652.6M723.5M676.8M702.8M579.5M
Inventory8.4M9.8M9.1M8.3M7.4M9.4M
Other Current Assets5.8M10.6M6.4M5.5M6.8M7.3M
Total Liab73.8M86.9M103.4M97.0M105.8M67.4M
Total Current Assets158.2M221.2M232.3M219.0M201.9M163.5M
Accumulated Other Comprehensive Income(46.6M)4.1M17.4M(22.3M)(38.7M)(36.8M)
Short Term Debt567K657K649K269K213K202.4K
Common Stock243.9M250.2M255.4M255.7M258.4M264.6M
Other Liab48.0M44.5M48.7M56.8M65.3M52.1M
Net Tangible Assets347.4M368.7M467.6M512.4M589.3M419.6M
Property Plant Equipment307.5M291.3M353.2M405.9M466.7M354.3M

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