Endeavour Gross Profit vs Ebit Analysis

EDR Stock  CAD 5.91  0.34  5.44%   
Endeavour Silver financial indicator trend analysis is much more than just examining Endeavour Silver Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endeavour Silver Corp is a good investment. Please check the relationship between Endeavour Silver Gross Profit and its Ebit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour 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.

Gross Profit vs Ebit

Gross Profit vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavour Silver Corp Gross Profit account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Endeavour Silver's Gross Profit and Ebit is 0.56. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit in the same time period over historical financial statements of Endeavour Silver Corp, assuming nothing else is changed. The correlation between historical values of Endeavour Silver's Gross Profit and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Endeavour Silver Corp are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Endeavour Silver's Gross Profit and Ebit go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Endeavour Silver Corp minus its cost of goods sold. It is profit before Endeavour Silver operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Ebit

Most indicators from Endeavour Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endeavour 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 Endeavour 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.
At this time, Endeavour Silver's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Tax Provision is likely to drop about 7.1 M.

Endeavour Silver fundamental ratios Correlations

0.220.570.770.990.96-0.110.840.210.960.66-0.230.240.140.440.620.660.670.12-0.030.870.820.440.080.550.62
0.220.290.630.130.30.330.02-0.020.23-0.11-0.01-0.070.320.14-0.010.230.21-0.14-0.110.480.050.060.710.090.39
0.570.290.730.580.5-0.080.670.190.530.63-0.140.160.220.460.620.010.270.09-0.110.430.660.280.090.550.61
0.770.630.730.720.790.150.760.10.780.55-0.120.040.350.470.60.410.42-0.05-0.360.820.680.240.220.540.66
0.990.130.580.720.94-0.180.860.250.940.72-0.220.280.110.470.680.570.620.16-0.010.790.860.460.00.590.61
0.960.30.50.790.940.140.76-0.030.990.63-0.3-0.010.140.290.490.690.580.09-0.140.90.810.210.10.40.51
-0.110.33-0.080.15-0.180.14-0.2-0.940.14-0.02-0.18-0.940.1-0.48-0.420.14-0.22-0.18-0.370.17-0.04-0.840.16-0.5-0.26
0.840.020.670.760.860.76-0.20.260.80.78-0.020.210.260.630.890.290.380.2-0.310.630.850.38-0.330.750.64
0.21-0.020.190.10.25-0.03-0.940.26-0.050.010.20.97-0.040.550.46-0.050.30.060.30.010.080.910.050.570.38
0.960.230.530.780.940.990.140.8-0.050.69-0.28-0.020.130.30.530.660.560.09-0.160.870.840.190.040.410.5
0.66-0.110.630.550.720.63-0.020.780.010.69-0.260.01-0.010.30.740.00.090.0-0.160.350.890.04-0.260.470.36
-0.23-0.01-0.14-0.12-0.22-0.3-0.18-0.020.2-0.28-0.260.130.120.370.17-0.28-0.08-0.05-0.14-0.26-0.370.09-0.220.230.15
0.24-0.070.160.040.28-0.01-0.940.210.97-0.020.010.13-0.150.480.380.040.410.020.490.040.080.930.150.50.36
0.140.320.220.350.110.140.10.26-0.040.13-0.010.12-0.150.650.320.060.060.53-0.380.210.030.1-0.110.520.62
0.440.140.460.470.470.29-0.480.630.550.30.30.370.480.650.780.060.360.33-0.090.280.340.65-0.160.960.83
0.62-0.010.620.60.680.49-0.420.890.460.530.740.170.380.320.78-0.070.140.26-0.260.310.730.45-0.390.880.67
0.660.230.010.410.570.690.140.29-0.050.660.0-0.280.040.060.06-0.070.8-0.020.170.850.250.290.360.060.29
0.670.210.270.420.620.58-0.220.380.30.560.09-0.080.410.060.360.140.8-0.010.430.730.230.640.430.340.54
0.12-0.140.09-0.050.160.09-0.180.20.060.090.0-0.050.020.530.330.26-0.02-0.01-0.12-0.050.140.16-0.40.330.24
-0.03-0.11-0.11-0.36-0.01-0.14-0.37-0.310.3-0.16-0.16-0.140.49-0.38-0.09-0.260.170.43-0.12-0.09-0.170.430.54-0.120.08
0.870.480.430.820.790.90.170.630.010.870.35-0.260.040.210.280.310.850.73-0.05-0.090.570.30.330.330.56
0.820.050.660.680.860.81-0.040.850.080.840.89-0.370.080.030.340.730.250.230.14-0.170.570.18-0.160.530.4
0.440.060.280.240.460.21-0.840.380.910.190.040.090.930.10.650.450.290.640.160.430.30.180.190.660.58
0.080.710.090.220.00.10.16-0.330.050.04-0.26-0.220.15-0.11-0.16-0.390.360.43-0.40.540.33-0.160.19-0.220.18
0.550.090.550.540.590.4-0.50.750.570.410.470.230.50.520.960.880.060.340.33-0.120.330.530.66-0.220.77
0.620.390.610.660.610.51-0.260.640.380.50.360.150.360.620.830.670.290.540.240.080.560.40.580.180.77
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Endeavour Silver Account Relationship Matchups

Endeavour Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets163.7M210.6M294.0M399.4M474.8M498.5M
Other Current Liab1.9M3.0M4.2M6.6M7.8M8.2M
Total Current Liabilities24.8M34.6M40.6M52.7M58.2M61.2M
Total Stockholder Equity122.8M159.1M237.4M315.9M386.3M405.7M
Net Debt(13.3M)(50.3M)(91.8M)(67.8M)(25.8M)(27.0M)
Accounts Payable19.8M27.8M32.0M39.8M46.1M48.5M
Cash23.4M61.1M103.3M83.4M35.3M36.6M
Non Current Assets Total100.4M105.6M132.3M253.1M374.0M392.7M
Non Currrent Assets Other2.7M3.6M8.4M17.0M58.7M61.6M
Other Assets9.8M16.3M9.4M565K649.8K617.3K
Cash And Short Term Investments23.4M65.9M114.5M92.0M40.4M41.4M
Net Receivables23.0M20.2M14.6M18.2M25.5M14.9M
Common Stock Total Equity450.7M459.1M482.2M517.7M595.4M381.7M
Common Stock Shares Outstanding133.5M154.0M170.7M185.3M196.0M205.8M
Liabilities And Stockholders Equity163.7M210.6M294.0M399.4M474.8M498.5M
Non Current Liabilities Total16.1M17.0M16.1M30.8M30.2M19.7M
Inventory13.6M16.6M27.5M19.2M27.3M16.3M
Other Current Assets3.3M2.3M5.1M17.0M7.6M5.9M
Other Stockholder Equity11.5M9.7M6.3M6.1M4.6M4.3M
Total Liab40.9M51.5M56.6M83.5M88.5M92.9M
Total Current Assets63.3M105.0M161.8M146.3M100.8M73.6M
Short Term Debt3.1M3.8M4.3M6.3M4.3M4.1M
Common Stock482.2M517.7M585.4M657.9M722.7M454.4M
Retained Earnings(370.9M)(368.3M)(354.3M)(348.1M)(340.9M)(323.9M)
Short Term Investments69K4.8M11.2M8.6M5.1M4.6M
Other Liab9.1M10.0M8.9M21.5M19.4M13.9M
Net Tangible Assets121.8M158.6M237.4M315.9M363.3M193.3M
Capital Surpluse11.5M9.7M6.3M6.1M5.5M6.8M
Long Term Debt Total7.0M7.0M7.2M9.3M10.7M11.2M
Cash And Equivalents23.4M61.1M103.3M83.4M95.9M65.2M
When determining whether Endeavour Silver Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Endeavour Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Endeavour Silver Corp Stock. Highlighted below are key reports to facilitate an investment decision about Endeavour Silver Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour 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.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Please note, there is a significant difference between Endeavour Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endeavour Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endeavour Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.