Defiance Net Tangible Assets vs Total Current Liabilities Analysis
DEF Stock | CAD 0.22 0.02 10.00% |
Defiance Silver financial indicator trend analysis is much more than just examining Defiance Silver Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Defiance Silver Corp is a good investment. Please check the relationship between Defiance Silver Net Tangible Assets and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defiance Silver 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 board of governors.
Net Tangible Assets vs Total Current Liabilities
Net Tangible Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Defiance Silver Corp Net Tangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Defiance Silver's Net Tangible Assets and Total Current Liabilities is 0.4. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Defiance Silver Corp, assuming nothing else is changed. The correlation between historical values of Defiance Silver's Net Tangible Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Defiance Silver Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Tangible Assets i.e., Defiance Silver's Net Tangible Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Total Current Liabilities
Total Current Liabilities is an item on Defiance Silver balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Defiance Silver Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Defiance Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Defiance Silver 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defiance Silver 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 board of governors. Sales General And Administrative To Revenue is likely to climb to 93.47 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.
Defiance Silver fundamental ratios Correlations
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Defiance Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Defiance Silver fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.1M | 43.0M | 41.6M | 41.9M | 42.3M | 44.4M | |
Total Stockholder Equity | 14.0M | 41.7M | 40.1M | 40.6M | 41.4M | 43.5M | |
Net Debt | 649.4K | (20.8M) | (11.8M) | (4.6M) | (4.1M) | (3.9M) | |
Retained Earnings | (10.6M) | (13.5M) | (17.4M) | (19.8M) | (22.2M) | (21.1M) | |
Cash | 569.0K | 20.8M | 11.8M | 4.6M | 265.8K | 252.5K | |
Cash And Short Term Investments | 569.0K | 20.8M | 11.8M | 4.6M | 5.2M | 2.9M | |
Net Receivables | 22.7K | 28.8K | 77.9K | 28.1K | 2.2K | 0.0 | |
Common Stock Shares Outstanding | 147.2M | 186.5M | 220.6M | 227.6M | 269.2M | 282.7M | |
Liabilities And Stockholders Equity | 16.1M | 43.0M | 41.6M | 41.9M | 48.2M | 50.6M | |
Other Stockholder Equity | 1.8M | 2.0M | 3.8M | 5.3M | 6.1M | 6.4M | |
Total Current Assets | 642.0K | 21.6M | 12.4M | 5.1M | 349.2K | 331.8K | |
Other Current Liab | 174.8K | 259.9K | 98.3K | 154.1K | 177.2K | 279.8K | |
Total Current Liabilities | 2.1M | 1.3M | 1.4M | 1.3M | 829.7K | 1.0M | |
Property Plant And Equipment Net | 14.7M | 20.0M | 27.0M | 33.4M | 38.2M | 40.1M | |
Accounts Payable | 689.9K | 1.0M | 1.3M | 1.1M | 759.7K | 515.8K | |
Non Current Assets Total | 15.5M | 21.5M | 29.2M | 36.8M | 41.9M | 44.0M | |
Non Currrent Assets Other | 772.2K | 1.4M | 2.1M | 3.4M | 41.3K | 39.2K | |
Total Liab | 2.1M | 1.3M | 1.4M | 1.3M | 865.7K | 1.0M | |
Accumulated Other Comprehensive Income | 2.0M | 3.8M | 5.3M | 6.2M | 7.1M | 7.5M | |
Common Stock | 22.6M | 51.4M | 52.1M | 54.3M | 62.4M | 65.5M | |
Other Current Assets | 44.1K | 266.4K | 164.9K | 129.2K | 148.5K | 97.9K | |
Net Tangible Assets | 11.4M | 14.0M | 41.7M | 40.1M | 46.1M | 48.4M | |
Property Plant Equipment | 13.0M | 14.7M | 20.0M | 27.0M | 31.1M | 32.6M | |
Net Invested Capital | 15.2M | 41.7M | 40.1M | 40.6M | 41.4M | 27.6M | |
Net Working Capital | (1.4M) | 20.3M | 11.0M | 3.8M | (480.5K) | (456.5K) | |
Capital Stock | 22.6M | 51.4M | 52.1M | 54.3M | 56.8M | 47.0M |
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When running Defiance Silver's price analysis, check to measure Defiance Silver'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 Defiance Silver is operating at the current time. Most of Defiance Silver's value examination focuses on studying past and present price action to predict the probability of Defiance Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Defiance Silver's price. Additionally, you may evaluate how the addition of Defiance Silver to your portfolios can decrease your overall portfolio volatility.