GRSL Common Stock Shares Outstanding vs Cash Analysis

GRSL Stock  CAD 0.20  0.01  5.26%   
GR Silver financial indicator trend analysis is much more than just examining GR Silver Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GR Silver Mining is a good investment. Please check the relationship between GR Silver Common Stock Shares Outstanding and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GR Silver 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 bureau of economic analysis.

Common Stock Shares Outstanding vs Cash

Common Stock Shares Outstanding vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GR Silver Mining Common Stock Shares Outstanding account and Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between GR Silver's Common Stock Shares Outstanding and Cash is 0.12. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of GR Silver Mining, assuming nothing else is changed. The correlation between historical values of GR Silver's Common Stock Shares Outstanding and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of GR Silver Mining are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., GR Silver's Common Stock Shares Outstanding and Cash go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash

Cash refers to the most liquid asset of GR Silver Mining, which is listed under current asset account on GR Silver Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from GR Silver customers. The amounts must be unrestricted with restricted cash listed in a different GR Silver account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from GR Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GR Silver 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GR Silver 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 bureau of economic analysis.
Selling General Administrative is likely to climb to about 3.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 4.5 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses18.3M19.4M16.0M11.3M
Cost Of Revenue404.6K573.2K489.7K246.6K

GR Silver fundamental ratios Correlations

0.720.210.84-0.55-0.690.710.50.57-0.040.840.730.550.810.820.740.990.980.850.68-0.690.18-0.660.87-0.20.83
0.72-0.530.9-0.14-0.980.93-0.010.27-0.210.941.00.050.960.981.00.750.710.960.97-0.61-0.56-0.990.91-0.770.92
0.21-0.53-0.23-0.480.53-0.440.630.330.25-0.29-0.510.61-0.36-0.37-0.50.150.21-0.31-0.530.011.00.59-0.230.82-0.29
0.840.9-0.23-0.56-0.930.940.420.66-0.080.990.90.480.980.940.890.810.780.930.94-0.81-0.28-0.840.94-0.620.89
-0.55-0.14-0.48-0.560.24-0.4-0.98-0.98-0.18-0.46-0.15-0.99-0.39-0.28-0.12-0.41-0.45-0.32-0.280.68-0.450.02-0.38-0.04-0.26
-0.69-0.980.53-0.930.24-0.94-0.08-0.370.19-0.96-0.98-0.14-0.98-0.96-0.97-0.71-0.65-0.94-1.00.690.570.96-0.920.77-0.91
0.710.93-0.440.94-0.4-0.940.240.53-0.090.950.930.30.950.940.910.690.680.950.96-0.69-0.47-0.890.88-0.770.85
0.5-0.010.630.42-0.98-0.080.240.930.210.330.01.00.250.14-0.020.360.410.190.12-0.590.60.130.270.210.15
0.570.270.330.66-0.98-0.370.530.930.140.570.280.940.510.390.250.440.480.430.42-0.730.29-0.150.45-0.160.32
-0.04-0.210.25-0.08-0.180.19-0.090.210.14-0.16-0.20.2-0.14-0.17-0.22-0.09-0.07-0.16-0.180.070.240.24-0.140.19-0.16
0.840.94-0.290.99-0.46-0.960.950.330.57-0.160.940.390.990.970.930.820.80.970.96-0.8-0.33-0.890.95-0.650.91
0.731.0-0.510.9-0.15-0.980.930.00.28-0.20.940.060.960.991.00.760.720.970.97-0.61-0.55-0.990.92-0.760.92
0.550.050.610.48-0.99-0.140.31.00.940.20.390.060.310.20.040.420.460.250.18-0.630.570.070.330.180.21
0.810.96-0.360.98-0.39-0.980.950.250.51-0.140.990.960.310.980.960.80.770.970.98-0.76-0.4-0.920.95-0.690.92
0.820.98-0.370.94-0.28-0.960.940.140.39-0.170.970.990.20.980.980.840.810.990.96-0.67-0.41-0.960.95-0.680.94
0.741.0-0.50.89-0.12-0.970.91-0.020.25-0.220.931.00.040.960.980.780.730.960.96-0.6-0.53-0.990.92-0.730.93
0.990.750.150.81-0.41-0.710.690.360.44-0.090.820.760.420.80.840.780.990.870.69-0.620.11-0.710.87-0.220.85
0.980.710.210.78-0.45-0.650.680.410.48-0.070.80.720.460.770.810.730.990.850.64-0.610.17-0.660.82-0.20.79
0.850.96-0.310.93-0.32-0.940.950.190.43-0.160.970.970.250.970.990.960.870.850.93-0.68-0.35-0.930.94-0.640.93
0.680.97-0.530.94-0.28-1.00.960.120.42-0.180.960.970.180.980.960.960.690.640.93-0.7-0.57-0.950.91-0.810.89
-0.69-0.610.01-0.810.680.69-0.69-0.59-0.730.07-0.8-0.61-0.63-0.76-0.67-0.6-0.62-0.61-0.68-0.70.060.54-0.730.35-0.65
0.18-0.561.0-0.28-0.450.57-0.470.60.290.24-0.33-0.550.57-0.4-0.41-0.530.110.17-0.35-0.570.060.62-0.270.83-0.32
-0.66-0.990.59-0.840.020.96-0.890.13-0.150.24-0.89-0.990.07-0.92-0.96-0.99-0.71-0.66-0.93-0.950.540.62-0.890.76-0.91
0.870.91-0.230.94-0.38-0.920.880.270.45-0.140.950.920.330.950.950.920.870.820.940.91-0.73-0.27-0.89-0.490.99
-0.2-0.770.82-0.62-0.040.77-0.770.21-0.160.19-0.65-0.760.18-0.69-0.68-0.73-0.22-0.2-0.64-0.810.350.830.76-0.49-0.47
0.830.92-0.290.89-0.26-0.910.850.150.32-0.160.910.920.210.920.940.930.850.790.930.89-0.65-0.32-0.910.99-0.47
Click cells to compare fundamentals

GR Silver Account Relationship Matchups

GR Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7M10.8M28.4M25.3M10.7M11.3M
Total Current Liabilities372.7K961.3K14.5M18.3M24.0M25.2M
Total Stockholder Equity3.3M9.7M11.3M4.6M(16.2M)(15.3M)
Net Tangible Assets2.3M3.3M9.7M11.3M13.0M13.6M
Net Debt(2.0M)(4.9M)(3.1M)(902.2K)(812.0K)(852.6K)
Retained Earnings(11.4M)(20.1M)(38.3M)(57.1M)(82.7M)(78.6M)
Accounts Payable340.7K844.3K1.6M848.4K1.9M2.0M
Cash2.0M4.9M3.1M902.2K100.6K95.5K
Non Current Assets Total1.6M5.8M25.1M24.0M10.4M9.5M
Cash And Short Term Investments2.0M4.9M3.1M902.2K1.0M2.0M
Net Receivables18.2K38.6K25.5K11.7K10.5K10.0K
Liabilities And Stockholders Equity3.7M10.8M28.4M25.3M29.1M30.5M
Other Stockholder Equity1.0M1.5M2.5M4.1M4.7M4.9M
Total Liab372.7K1.2M17.2M20.7M26.9M28.2M
Total Current Assets2.1M5.0M3.4M1.2M322.3K306.2K
Common Stock13.2M27.3M45.5M54.0M62.1M65.2M
Property Plant Equipment992.3K4.9M21.6M21.2M24.4M25.6M
Other Current Liab32K117.0K12.9M17.5M20.1M21.1M
Property Plant And Equipment Net992.3K4.9M21.6M21.2M8.4M9.1M
Non Currrent Assets Other565.6K940.5K3.5M2.8M1.2M1.6M
Other Assets565.6K940.5K3.5M2.8M3.3M3.4M
Common Stock Shares Outstanding49.6M102.9M154.6M195.7M302.5M317.6M
Net Invested Capital3.3M9.7M11.3M4.6M(16.2M)(15.3M)
Accumulated Other Comprehensive Income1.5M2.5M4.1M7.7M8.8M9.3M
Net Working Capital1.7M4.1M(11.1M)(17.1M)(23.7M)(22.5M)
Capital Stock13.2M27.3M45.5M54.0M58.2M38.0M

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Additional Tools for GRSL Stock Analysis

When running GR Silver's price analysis, check to measure GR 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 GR Silver is operating at the current time. Most of GR Silver's value examination focuses on studying past and present price action to predict the probability of GR 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 GR Silver's price. Additionally, you may evaluate how the addition of GR Silver to your portfolios can decrease your overall portfolio volatility.