GRSL Net Receivables vs Net Invested Capital Analysis

GRSL Stock  CAD 0.19  0.01  5.56%   
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 Net Receivables and its Net Invested Capital 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.

Net Receivables vs Net Invested Capital

Net Receivables vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GR Silver Mining Net Receivables account and Net Invested Capital. At this time, the significance of the direction appears to have very week relationship.
The correlation between GR Silver's Net Receivables and Net Invested Capital is 0.24. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Invested Capital 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 Net Receivables and Net Invested Capital 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 Receivables of GR Silver Mining are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Receivables i.e., GR Silver's Net Receivables and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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
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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.