Silver Historical Financial Ratios
| ELEF Stock | CAD 0.45 0.01 2.27% |
Silver Elephant is promptly reporting on over 93 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.35 or Days Sales Outstanding of 921.8 K will help investors to properly organize and evaluate Silver Elephant Mining financial condition quickly.
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About Silver Financial Ratios Analysis
Silver Elephant MiningFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Silver Elephant investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Silver financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Silver Elephant history.
Silver Elephant Financial Ratios Chart
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Dividend Yield
Dividend Yield is Silver Elephant Mining dividend as a percentage of Silver Elephant stock price. Silver Elephant Mining dividend yield is a measure of Silver Elephant stock productivity, which can be interpreted as interest rate earned on an Silver Elephant investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Silver Elephant Mining. There are two different methods for calculating Silver Elephant Mining invested capital: operating approach and financing approach. Understanding Silver Elephant invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Tangible Asset Value
The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Most ratios from Silver Elephant's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Silver Elephant Mining current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Silver Elephant 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. At this time, Silver Elephant's Income Quality is very stable compared to the past year. As of the 2nd of December 2024, Current Ratio is likely to grow to 0.43, while PTB Ratio is likely to drop 0.35.
| 2010 | 2023 | 2024 (projected) | Dividend Yield | 9.94E-4 | 8.94E-4 | 7.95E-4 | Price To Sales Ratio | 105.96 | 95.37 | 84.77 |
Silver Elephant fundamentals Correlations
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Silver Elephant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silver Elephant fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Ptb Ratio | 28.18 | (27.88) | 1.61 | 1.81 | 0.12 | 0.35 | |
| Book Value Per Share | 1.56 | (0.0968) | 2.42 | 2.71 | 24.15 | 2.97 | |
| Free Cash Flow Yield | (0.0107) | (0.3) | (0.22) | (0.13) | (3.07) | (1.39) | |
| Operating Cash Flow Per Share | (0.13) | (0.33) | (0.26) | (0.18) | (1.04) | (0.2) | |
| Average Payables | 1.9M | 1.6M | 2.1M | 3.0M | 2.7M | 2.8M | |
| Capex To Depreciation | 216.91 | 133.11 | 95.72 | 100.14 | 168.63 | 62.42 | |
| Pb Ratio | 28.18 | (27.88) | 1.61 | 1.81 | 0.12 | 0.35 | |
| Free Cash Flow Per Share | (0.47) | (0.81) | (0.87) | (0.65) | (8.29) | (0.56) | |
| Roic | (0.29) | 0.83 | (0.15) | (0.1) | (0.11) | (0.24) | |
| Net Income Per Share | (3.33) | (2.32) | 1.71 | (0.38) | (3.78) | (0.44) | |
| Payables Turnover | 0.0182 | 0.0269 | 0.0239 | 0.008817 | 0.044 | 0.0481 | |
| Cash Per Share | 0.77 | 0.68 | 0.3 | 0.55 | 0.28 | 0.0392 | |
| Pocfratio | (346.12) | (8.06) | (14.9) | (26.51) | (2.59) | (2.02) | |
| Capex To Operating Cash Flow | (2.71) | (1.42) | (2.33) | (2.53) | (6.94) | (1.8) | |
| Pfcf Ratio | (93.39) | (3.33) | (4.47) | (7.51) | (0.33) | (0.72) | |
| Days Payables Outstanding | 13.6K | 15.3K | 41.4K | 8.3K | 9.5K | 9.1K | |
| Roe | (2.14) | 23.94 | 0.71 | (0.14) | (0.16) | (0.38) | |
| Ev To Operating Cash Flow | (340.33) | (6.04) | (13.79) | (23.53) | (2.32) | (2.59) | |
| Pe Ratio | (13.17) | (1.16) | 2.28 | (12.82) | (0.71) | (0.92) | |
| Ev To Free Cash Flow | (91.83) | (2.5) | (4.14) | (6.67) | (0.29) | (0.93) | |
| Earnings Yield | (0.076) | (0.86) | 0.44 | (0.078) | (1.4) | (1.09) | |
| Net Debt To E B I T D A | 1.65 | 1.64 | 0.83 | 2.32 | 0.13 | (0.39) | |
| Tangible Book Value Per Share | 1.56 | (0.0968) | 2.42 | 2.71 | 24.15 | 2.97 | |
| Graham Number | 10.81 | 2.25 | 9.65 | 4.83 | 44.64 | 3.34 | |
| Shareholders Equity Per Share | 1.56 | (0.0968) | 2.42 | 2.71 | 23.44 | 1.14 | |
| Graham Net Net | (0.96) | (0.6) | 0.0453 | 0.38 | (5.11) | (0.32) |
Pair Trading with Silver Elephant
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Silver Elephant position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Silver Elephant will appreciate offsetting losses from the drop in the long position's value.Moving together with Silver Stock
Moving against Silver Stock
The ability to find closely correlated positions to Silver Elephant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silver Elephant when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Silver Elephant - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Silver Elephant Mining to buy it.
The correlation of Silver Elephant is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Silver Elephant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silver Elephant Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Silver Elephant can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Silver Stock
Silver Elephant MiningFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Silver Elephant investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Silver financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Silver Elephant history.