Silver Book Value Per Share vs Ev To Sales Analysis

AGX Stock   0.22  0.01  4.35%   
Silver X financial indicator trend analysis is much more than just breaking down Silver X Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver X Mining is a good investment. Please check the relationship between Silver X Book Value Per Share and its Ev To Sales accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Silver X Mining. 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.

Book Value Per Share vs Ev To Sales

Book Value Per Share vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver X Mining Book Value Per Share account and Ev To Sales. At this time, the significance of the direction appears to have strong relationship.
The correlation between Silver X's Book Value Per Share and Ev To Sales is 0.67. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Silver X Mining, assuming nothing else is changed. The correlation between historical values of Silver X's Book Value Per Share and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Silver X Mining are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Book Value Per Share i.e., Silver X's Book Value Per Share and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Silver X's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver X Mining 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 Silver X Mining. 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.
Issuance Of Capital Stock is likely to climb to about 2.6 M in 2024, whereas Tax Provision is likely to drop slightly above 849.9 K in 2024.
 2010 2021 2023 2024 (projected)
Reconciled Depreciation1.7K997.5K2.1M1.1M
Total Operating Expenses3.8M18.3M21.7M16.1M

Silver X fundamental ratios Correlations

0.87-0.981.00.660.770.970.740.87-0.720.910.850.850.660.910.980.940.850.880.94-1.00.830.75-0.53-0.75
0.87-0.890.880.60.920.930.911.0-0.60.850.820.930.910.840.860.830.830.940.88-0.830.720.63-0.45-0.63
-0.98-0.89-0.98-0.55-0.8-0.94-0.75-0.890.79-0.85-0.76-0.8-0.64-0.84-0.95-0.91-0.76-0.84-0.90.98-0.88-0.850.560.83
1.00.88-0.980.620.780.970.740.88-0.720.90.840.850.660.90.980.940.840.880.94-0.990.860.76-0.54-0.75
0.660.6-0.550.620.570.740.590.6-0.130.810.850.790.640.810.70.720.850.770.75-0.630.190.12-0.12-0.13
0.770.92-0.80.780.570.850.990.92-0.360.850.80.90.850.840.830.850.80.920.89-0.750.720.5-0.09-0.44
0.970.93-0.940.970.740.850.830.93-0.60.960.930.950.80.960.970.950.930.960.97-0.950.770.63-0.44-0.62
0.740.91-0.750.740.590.990.830.91-0.280.840.820.910.870.840.810.830.820.920.88-0.710.670.42-0.03-0.36
0.871.0-0.890.880.60.920.930.91-0.60.840.820.920.910.840.860.830.820.940.88-0.840.720.64-0.45-0.63
-0.72-0.60.79-0.72-0.13-0.36-0.6-0.28-0.6-0.37-0.28-0.36-0.29-0.37-0.58-0.46-0.28-0.4-0.460.73-0.68-0.950.890.98
0.910.85-0.850.90.810.850.960.840.84-0.370.980.960.761.00.960.970.980.970.99-0.890.70.44-0.21-0.41
0.850.82-0.760.840.850.80.930.820.82-0.280.980.970.820.980.890.911.00.970.94-0.810.570.3-0.19-0.29
0.850.93-0.80.850.790.90.950.910.92-0.360.960.970.920.960.890.90.971.00.95-0.810.620.39-0.25-0.38
0.660.91-0.640.660.640.850.80.870.91-0.290.760.820.920.760.670.660.810.890.75-0.590.420.27-0.27-0.29
0.910.84-0.840.90.810.840.960.840.84-0.371.00.980.960.760.960.970.980.970.99-0.890.690.43-0.21-0.41
0.980.86-0.950.980.70.830.970.810.86-0.580.960.890.890.670.960.990.90.920.98-0.980.830.67-0.36-0.64
0.940.83-0.910.940.720.850.950.830.83-0.460.970.910.90.660.970.990.910.920.99-0.940.810.58-0.22-0.53
0.850.83-0.760.840.850.80.930.820.82-0.280.981.00.970.810.980.90.910.970.95-0.820.580.31-0.19-0.3
0.880.94-0.840.880.770.920.960.920.94-0.40.970.971.00.890.970.920.920.970.97-0.850.670.45-0.25-0.43
0.940.88-0.90.940.750.890.970.880.88-0.460.990.940.950.750.990.980.990.950.97-0.930.780.55-0.24-0.51
-1.0-0.830.98-0.99-0.63-0.75-0.95-0.71-0.840.73-0.89-0.81-0.81-0.59-0.89-0.98-0.94-0.82-0.85-0.93-0.86-0.780.520.77
0.830.72-0.880.860.190.720.770.670.72-0.680.70.570.620.420.690.830.810.580.670.78-0.860.81-0.35-0.76
0.750.63-0.850.760.120.50.630.420.64-0.950.440.30.390.270.430.670.580.310.450.55-0.780.81-0.69-0.99
-0.53-0.450.56-0.54-0.12-0.09-0.44-0.03-0.450.89-0.21-0.19-0.25-0.27-0.21-0.36-0.22-0.19-0.25-0.240.52-0.35-0.690.8
-0.75-0.630.83-0.75-0.13-0.44-0.62-0.36-0.630.98-0.41-0.29-0.38-0.29-0.41-0.64-0.53-0.3-0.43-0.510.77-0.76-0.990.8
Click cells to compare fundamentals

Silver X Account Relationship Matchups

Silver X fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities760.7K658.3K335.9K17.0M21.2M22.2M
Retained Earnings(14.4M)(14.8M)(19.8M)(40.7M)(62.1M)(59.0M)
Accounts Payable257.3K333.4K8.0M9.5M11.2M11.8M
Net Receivables9.2K9.8K1.4M453.1K214.0K330.7K
Total Current Assets14.0K62.3K1.7M6.4M6.0M6.4M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Silver Stock Analysis

When running Silver X's price analysis, check to measure Silver X's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Silver X is operating at the current time. Most of Silver X's value examination focuses on studying past and present price action to predict the probability of Silver X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver X's price. Additionally, you may evaluate how the addition of Silver X to your portfolios can decrease your overall portfolio volatility.