Silver Property Plant And Equipment Net vs Other Stockholder Equity 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 Property Plant And Equipment Net and its Other Stockholder Equity 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.

Property Plant And Equipment Net vs Other Stockholder Equity

Property Plant And Equipment Net vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver X Mining Property Plant And Equipment Net account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Silver X's Property Plant And Equipment Net and Other Stockholder Equity is 0.9. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Stockholder Equity 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 Property Plant And Equipment Net and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Silver X Mining are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Silver X's Property Plant And Equipment Net and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Other Stockholder Equity

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

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