Gatos Total Current Assets vs Total Assets Analysis

GATO Stock  USD 16.18  0.25  1.52%   
Gatos Silver financial indicator trend analysis is much more than just examining Gatos Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gatos Silver is a good investment. Please check the relationship between Gatos Silver Total Current Assets and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gatos Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Gatos Stock, please use our How to Invest in Gatos Silver guide.

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gatos Silver Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Gatos Silver's Total Current Assets and Total Assets is 0.24. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Gatos Silver, assuming nothing else is changed. The correlation between historical values of Gatos Silver's Total Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Gatos Silver are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Gatos Silver's Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Assets

Total assets refers to the total amount of Gatos Silver assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gatos Silver books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Gatos Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gatos Silver 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gatos Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Gatos Stock, please use our How to Invest in Gatos Silver guide.As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 12.3 M.
 2023 2024 (projected)
Research Development2.1M2.0M
Cost Of Revenue111.3M116.8M

Gatos Silver fundamental ratios Correlations

0.75-0.040.480.480.710.77-0.14-0.040.00.170.660.190.080.10.780.220.50.55-0.710.20.070.41-0.110.320.76
0.75-0.430.460.451.00.81-0.21-0.49-0.140.20.890.21-0.260.170.850.430.810.32-0.860.24-0.260.49-0.450.750.97
-0.04-0.43-0.02-0.03-0.5-0.10.280.680.03-0.17-0.36-0.150.960.06-0.08-0.11-0.250.570.07-0.20.96-0.040.5-0.48-0.28
0.480.46-0.021.00.420.57-0.29-0.190.050.190.320.26-0.04-0.090.75-0.130.380.74-0.520.29-0.060.98-0.190.390.49
0.480.45-0.031.00.410.56-0.31-0.170.080.210.30.28-0.05-0.090.74-0.130.370.73-0.510.31-0.060.98-0.160.370.47
0.711.0-0.50.420.410.78-0.23-0.54-0.140.20.890.21-0.330.180.820.450.80.24-0.840.25-0.340.45-0.490.760.95
0.770.81-0.10.570.560.780.11-0.38-0.13-0.130.84-0.09-0.01-0.240.820.120.680.62-0.75-0.09-0.020.6-0.240.480.8
-0.14-0.210.28-0.29-0.31-0.230.11-0.23-0.68-0.980.25-0.990.3-0.61-0.32-0.38-0.310.040.18-0.990.3-0.2-0.230.04-0.09
-0.04-0.490.68-0.19-0.17-0.54-0.38-0.230.580.36-0.640.340.640.19-0.29-0.02-0.340.210.370.310.64-0.310.83-0.79-0.45
0.0-0.140.030.050.08-0.14-0.13-0.680.580.71-0.470.71-0.050.08-0.050.00.170.010.290.68-0.05-0.060.8-0.6-0.28
0.170.2-0.170.190.210.2-0.13-0.980.360.71-0.260.99-0.150.670.290.440.33-0.01-0.180.99-0.150.10.34-0.110.1
0.660.89-0.360.320.30.890.840.25-0.64-0.47-0.26-0.25-0.19-0.130.680.250.640.29-0.76-0.22-0.190.39-0.60.780.9
0.190.21-0.150.260.280.21-0.09-0.990.340.710.99-0.25-0.150.660.340.420.340.04-0.210.99-0.150.170.32-0.10.11
0.08-0.260.96-0.04-0.05-0.33-0.010.30.64-0.05-0.15-0.19-0.150.140.010.01-0.110.6-0.08-0.181.0-0.040.43-0.32-0.08
0.10.170.06-0.09-0.090.18-0.24-0.610.190.080.67-0.130.660.140.260.720.22-0.07-0.40.640.14-0.11-0.060.180.2
0.780.85-0.080.750.740.820.82-0.32-0.29-0.050.290.680.340.010.260.380.740.67-0.930.340.00.75-0.30.60.87
0.220.43-0.11-0.13-0.130.450.12-0.38-0.020.00.440.250.420.010.720.380.45-0.07-0.530.410.01-0.12-0.150.30.45
0.50.81-0.250.380.370.80.68-0.31-0.340.170.330.640.34-0.110.220.740.450.35-0.720.34-0.110.43-0.130.550.76
0.550.320.570.740.730.240.620.040.210.01-0.010.290.040.6-0.070.67-0.070.35-0.540.040.590.730.140.120.44
-0.71-0.860.07-0.52-0.51-0.84-0.750.180.370.29-0.18-0.76-0.21-0.08-0.4-0.93-0.53-0.72-0.54-0.21-0.07-0.570.48-0.73-0.91
0.20.24-0.20.290.310.25-0.09-0.990.310.680.99-0.220.99-0.180.640.340.410.340.04-0.21-0.180.20.29-0.050.15
0.07-0.260.96-0.06-0.06-0.34-0.020.30.64-0.05-0.15-0.19-0.151.00.140.00.01-0.110.59-0.07-0.18-0.050.43-0.32-0.08
0.410.49-0.040.980.980.450.6-0.2-0.31-0.060.10.390.17-0.04-0.110.75-0.120.430.73-0.570.2-0.05-0.290.50.53
-0.11-0.450.5-0.19-0.16-0.49-0.24-0.230.830.80.34-0.60.320.43-0.06-0.3-0.15-0.130.140.480.290.43-0.29-0.87-0.48
0.320.75-0.480.390.370.760.480.04-0.79-0.6-0.110.78-0.1-0.320.180.60.30.550.12-0.73-0.05-0.320.5-0.870.78
0.760.97-0.280.490.470.950.8-0.09-0.45-0.280.10.90.11-0.080.20.870.450.760.44-0.910.15-0.080.53-0.480.78
Click cells to compare fundamentals

Gatos Silver Account Relationship Matchups

Gatos Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding40.3M59.2M69.2M64.0M69.5M63.5M
Total Current Liabilities2.2M3.5M4.0M1.4M33.4M35.0M
Retained Earnings(225.6M)(147.4M)(213.3M)(190.9M)(185.9M)(195.2M)
Accounts Payable365K270K560K196K387K425.0K
Inventory174K103K10.3M11.1M16.4M17.2M
Other Current Assets2.6M53.6M7K50.8M2.0M1.9M
Other Stockholder Equity330.8M374.9M408.7M543.8M553.3M335.0M
Total Current Assets6.1M18.5M155.8M11.8M78.7M54.2M
Net Receivables1.5M6.6M2.0M2.2M21.3M22.3M
Net Tangible Assets149.4M261.4M331.2M353.1M406.0M235.1M
Net Invested Capital149.4M261.4M365.7M357.1M367.5M301.4M
Net Working Capital15.0M151.7M10.4M9.3M45.3M43.2M

Pair Trading with Gatos Silver

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 Gatos Silver 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 Gatos Silver will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gatos Stock

  0.61HL Hecla MiningPairCorr
  0.71VOXR Vox Royalty CorpPairCorr
  0.92ASM Avino Silver GoldPairCorr
  0.92EXK Endeavour Silver CorpPairCorr

Moving against Gatos Stock

  0.35ATLX Atlas LithiumPairCorr
The ability to find closely correlated positions to Gatos Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gatos Silver 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 Gatos Silver - 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 Gatos Silver to buy it.
The correlation of Gatos Silver 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 Gatos Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gatos Silver 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 Gatos Silver 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.
Pair CorrelationCorrelation Matching
When determining whether Gatos Silver offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gatos Silver's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gatos Silver Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gatos Silver Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gatos Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Gatos Stock, please use our How to Invest in Gatos Silver guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gatos Silver. If investors know Gatos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gatos Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.66
Earnings Share
0.47
Return On Assets
(0.04)
Return On Equity
0.075
The market value of Gatos Silver is measured differently than its book value, which is the value of Gatos that is recorded on the company's balance sheet. Investors also form their own opinion of Gatos Silver's value that differs from its market value or its book value, called intrinsic value, which is Gatos Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gatos Silver's market value can be influenced by many factors that don't directly affect Gatos Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gatos Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gatos Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gatos 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.