AbraSilver Cash And Short Term Investments vs Short Term Debt Analysis

ABRA Stock

CAD 2.76 0.11 4.15%

AbraSilver Resource financial indicator trend analysis is way more than just evaluating AbraSilver Resource Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AbraSilver Resource Corp is a good investment. Please check the relationship between AbraSilver Resource Cash And Short Term Investments and its Short Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AbraSilver Resource Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash And Short Term Investments vs Short Term Debt

Cash And Short Term Investments vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AbraSilver Resource Corp Cash And Short Term Investments account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between AbraSilver Resource's Cash And Short Term Investments and Short Term Debt is -0.4. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of AbraSilver Resource Corp, assuming nothing else is changed. The correlation between historical values of AbraSilver Resource's Cash And Short Term Investments and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of AbraSilver Resource Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash And Short Term Investments i.e., AbraSilver Resource's Cash And Short Term Investments and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of AbraSilver Resource Corp balance sheet. This account contains AbraSilver Resource investments that will expire within one year. These investments include stocks and bonds that can be liquidated by AbraSilver Resource Corp 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.

Short Term Debt

Most indicators from AbraSilver Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AbraSilver Resource Corp 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 AbraSilver Resource Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, AbraSilver Resource's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 142 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2023	2024 (projected)
Reconciled Depreciation	11.4K	12.1K
Interest Income	361.8K	244.9K

Reconciled Depreciation Interest Income

AbraSilver Resource fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Other Current Assets	Short Term Debt	Non Currrent Assets Other	Current Deferred Revenue	Inventory	Common Stock	Net Tangible Assets	Long Term Debt
Total Assets		0.44	0.25	0.99	-0.83	-0.79	0.44	0.84	0.87	0.68	0.85	0.65	0.13	0.65	0.87	-0.54	0.92	0.95	0.66	-0.52	0.92	0.21	-0.43	0.92	0.98	-0.43
Other Current Liab	0.44		0.93	0.42	-0.18	-0.36	0.93	0.18	0.2	0.28	0.31	0.34	0.08	0.39	0.21	-0.68	0.42	0.54	0.53	-0.63	0.69	0.36	-0.25	0.43	0.44	-0.25
Total Current Liabilities	0.25	0.93		0.23	-0.02	-0.21	0.89	0.03	0.04	0.23	0.17	0.2	0.07	0.23	0.06	-0.5	0.3	0.35	0.42	-0.46	0.51	0.53	-0.1	0.25	0.24	-0.1
Total Stockholder Equity	0.99	0.42	0.23		-0.9	-0.7	0.42	0.91	0.93	0.62	0.9	0.52	0.11	0.51	0.93	-0.53	0.88	0.89	0.69	-0.52	0.89	0.24	-0.32	0.85	0.95	-0.32
Net Debt	-0.83	-0.18	-0.02	-0.9		0.38	-0.19	-1.0	-0.99	-0.35	-0.95	-0.17	-0.06	-0.16	-0.99	0.37	-0.69	-0.61	-0.61	0.39	-0.64	-0.14	-0.05	-0.57	-0.73	-0.05
Retained Earnings	-0.79	-0.36	-0.21	-0.7	0.38		-0.33	-0.39	-0.46	-0.74	-0.47	-0.94	-0.25	-0.91	-0.46	0.46	-0.83	-0.9	-0.37	0.43	-0.76	-0.26	0.77	-0.96	-0.86	0.77
Accounts Payable	0.44	0.93	0.89	0.42	-0.19	-0.33		0.18	0.21	0.34	0.29	0.32	-0.1	0.38	0.22	-0.6	0.44	0.54	0.58	-0.55	0.69	0.28	-0.21	0.42	0.44	-0.21
Cash	0.84	0.18	0.03	0.91	-1.0	-0.39	0.18		1.0	0.36	0.95	0.18	0.07	0.17	0.99	-0.37	0.69	0.62	0.61	-0.38	0.64	0.16	0.03	0.58	0.74	0.03
Cash And Short Term Investments	0.87	0.2	0.04	0.93	-0.99	-0.46	0.21	1.0		0.42	0.96	0.27	0.08	0.25	1.0	-0.39	0.75	0.67	0.61	-0.4	0.68	0.15	-0.01	0.64	0.78	-0.01
Net Receivables	0.68	0.28	0.23	0.62	-0.35	-0.74	0.34	0.36	0.42		0.41	0.71	0.08	0.67	0.43	-0.08	0.75	0.75	0.39	-0.03	0.69	0.25	-0.52	0.76	0.73	-0.52
Common Stock Shares Outstanding	0.85	0.31	0.17	0.9	-0.95	-0.47	0.29	0.95	0.96	0.41		0.31	0.09	0.3	0.96	-0.43	0.76	0.67	0.64	-0.42	0.68	0.18	0.05	0.64	0.73	0.05
Non Current Liabilities Total	0.65	0.34	0.2	0.52	-0.17	-0.94	0.32	0.18	0.27	0.71	0.31		0.21	0.99	0.27	-0.36	0.72	0.82	0.2	-0.31	0.64	0.13	-0.79	0.87	0.72	-0.79
Other Stockholder Equity	0.13	0.08	0.07	0.11	-0.06	-0.25	-0.1	0.07	0.08	0.08	0.09	0.21		0.18	0.08	0.07	0.17	0.14	0.09	0.05	0.08	0.2	-0.16	0.14	0.13	-0.16
Total Liab	0.65	0.39	0.23	0.51	-0.16	-0.91	0.38	0.17	0.25	0.67	0.3	0.99	0.18		0.25	-0.37	0.7	0.82	0.23	-0.32	0.65	0.03	-0.78	0.85	0.71	-0.78
Total Current Assets	0.87	0.21	0.06	0.93	-0.99	-0.46	0.22	0.99	1.0	0.43	0.96	0.27	0.08	0.25		-0.39	0.76	0.67	0.61	-0.39	0.68	0.17	0.0	0.64	0.78	0.0
Short Long Term Debt Total	-0.54	-0.68	-0.5	-0.53	0.37	0.46	-0.6	-0.37	-0.39	-0.08	-0.43	-0.36	0.07	-0.37	-0.39		-0.51	-0.57	-0.44	0.99	-0.63	-0.37	0.28	-0.54	-0.55	0.28
Property Plant And Equipment Net	0.92	0.42	0.3	0.88	-0.69	-0.83	0.44	0.69	0.75	0.75	0.76	0.72	0.17	0.7	0.76	-0.51		0.91	0.55	-0.49	0.85	0.32	-0.37	0.89	0.91	-0.37
Non Current Assets Total	0.95	0.54	0.35	0.89	-0.61	-0.9	0.54	0.62	0.67	0.75	0.67	0.82	0.14	0.82	0.67	-0.57	0.91		0.6	-0.53	0.95	0.2	-0.65	0.97	0.97	-0.65
Other Current Assets	0.66	0.53	0.42	0.69	-0.61	-0.37	0.58	0.61	0.61	0.39	0.64	0.2	0.09	0.23	0.61	-0.44	0.55	0.6		-0.42	0.76	0.13	-0.13	0.52	0.61	-0.13
Short Term Debt	-0.52	-0.63	-0.46	-0.52	0.39	0.43	-0.55	-0.38	-0.4	-0.03	-0.42	-0.31	0.05	-0.32	-0.39	0.99	-0.49	-0.53	-0.42		-0.59	-0.39	0.25	-0.51	-0.53	0.25
Non Currrent Assets Other	0.92	0.69	0.51	0.89	-0.64	-0.76	0.69	0.64	0.68	0.69	0.68	0.64	0.08	0.65	0.68	-0.63	0.85	0.95	0.76	-0.59		0.25	-0.53	0.88	0.93	-0.53
Current Deferred Revenue	0.21	0.36	0.53	0.24	-0.14	-0.26	0.28	0.16	0.15	0.25	0.18	0.13	0.2	0.03	0.17	-0.37	0.32	0.2	0.13	-0.39	0.25		-0.1	0.26	0.23	-0.1
Inventory	-0.43	-0.25	-0.1	-0.32	-0.05	0.77	-0.21	0.03	-0.01	-0.52	0.05	-0.79	-0.16	-0.78	0.0	0.28	-0.37	-0.65	-0.13	0.25	-0.53	-0.1		-0.7	-0.58	1.0
Common Stock	0.92	0.43	0.25	0.85	-0.57	-0.96	0.42	0.58	0.64	0.76	0.64	0.87	0.14	0.85	0.64	-0.54	0.89	0.97	0.52	-0.51	0.88	0.26	-0.7		0.96	-0.7
Net Tangible Assets	0.98	0.44	0.24	0.95	-0.73	-0.86	0.44	0.74	0.78	0.73	0.73	0.72	0.13	0.71	0.78	-0.55	0.91	0.97	0.61	-0.53	0.93	0.23	-0.58	0.96		-0.58
Long Term Debt	-0.43	-0.25	-0.1	-0.32	-0.05	0.77	-0.21	0.03	-0.01	-0.52	0.05	-0.79	-0.16	-0.78	0.0	0.28	-0.37	-0.65	-0.13	0.25	-0.53	-0.1	1.0	-0.7	-0.58

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AbraSilver Resource Account Relationship Matchups

AbraSilver Resource fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.6M	34.2M	34.7M	39.1M	29.7M	31.2M
Other Current Liab	1.2M	530.4K	562.7K	911.0K	789.1K	859.3K
Total Current Liabilities	1.3M	556.1K	566.9K	923.5K	789.1K	749.6K
Total Stockholder Equity	11.3M	33.6M	34.1M	31.6M	21.5M	22.5M
Net Debt	(1.8M)	(17.0M)	(19.0M)	(13.8M)	(2.8M)	(2.9M)
Retained Earnings	(19.9M)	(25.6M)	(43.7M)	(60.6M)	(79.4M)	(75.5M)
Accounts Payable	1.2M	460.4K	420.2K	774.2K	696.8K	662.0K
Cash	1.8M	17.1M	19.0M	13.8M	2.8M	3.5M
Cash And Short Term Investments	1.8M	17.1M	19.0M	15.8M	4.8M	4.2M
Net Receivables	190.8K	211.2K	169.9K	296.4K	443.2K	309.2K
Common Stock Shares Outstanding	101.2M	314.5M	445.4M	489.5M	110.6M	75.4M
Liabilities And Stockholders Equity	12.6M	34.2M	34.7M	39.1M	29.7M	31.2M
Other Stockholder Equity	77.6K	2.4M	195.0K	5.0M	4.5M	5.1M
Total Liab	1.3M	584.1K	582.8K	7.5M	8.2M	8.6M
Total Current Assets	2.2M	17.4M	19.4M	16.2M	5.3M	3.9M
Accumulated Other Comprehensive Income	1.3M	7.7M	11.7M	8.7M	7.7M	8.1M
Property Plant And Equipment Net	10.4M	16.8M	15.3M	22.9M	24.4M	12.7M
Non Current Assets Total	10.4M	16.8M	15.3M	22.9M	24.4M	25.6M
Other Current Assets	204.8K	73.0K	169.3K	97.8K	50.2K	83.2K
Common Stock	29.9M	51.3M	66.1M	83.5M	93.2M	97.9M
Net Tangible Assets	3.1M	11.3M	33.6M	31.4M	36.1M	37.9M
Property Plant Equipment	3.9M	10.4M	16.8M	18.0M	20.7M	21.7M
Net Invested Capital	11.3M	33.6M	34.1M	31.6M	21.5M	21.8M
Net Working Capital	927.8K	16.8M	18.8M	15.3M	4.5M	8.5M
Capital Stock	29.9M	51.3M	66.1M	83.5M	93.2M	63.3M

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