Guanajuato Total Current Assets vs Other Stockholder Equity Analysis

GSVR Stock   0.20  0.01  4.76%   
Guanajuato Silver financial indicator trend analysis is much more than just examining Guanajuato Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guanajuato Silver is a good investment. Please check the relationship between Guanajuato Silver Total Current Assets and its Other Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guanajuato 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 metropolitan statistical area.

Total Current Assets vs Other Stockholder Equity

Total Current Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guanajuato Silver Total Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guanajuato Silver's Total Current Assets and Other Stockholder Equity is 0.92. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Guanajuato Silver, assuming nothing else is changed. The correlation between historical values of Guanajuato Silver's Total Current Assets and Other Stockholder Equity 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 Guanajuato Silver are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Assets i.e., Guanajuato Silver's Total Current Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Other Stockholder Equity

Most indicators from Guanajuato Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guanajuato 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 Guanajuato 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 metropolitan statistical area.
At this time, Guanajuato Silver's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 77.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 9.1 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.5M9.2M10.5M11.1M
Total Operating Expenses14.6M58.7M67.6M70.9M

Guanajuato Silver fundamental ratios Correlations

0.990.980.98-0.930.980.951.00.960.990.990.991.01.0-0.740.871.00.960.730.91.00.921.00.991.00.76
0.990.950.95-0.961.00.910.990.990.971.00.971.00.99-0.80.870.990.940.640.890.990.911.01.01.00.78
0.980.951.0-0.850.930.990.980.90.990.951.00.960.98-0.610.850.980.970.850.890.980.920.970.950.970.7
0.980.951.0-0.860.930.980.980.90.990.951.00.970.98-0.630.860.980.960.840.890.980.920.970.950.970.7
-0.93-0.96-0.85-0.86-0.96-0.79-0.93-0.96-0.89-0.96-0.89-0.95-0.920.91-0.84-0.93-0.83-0.49-0.84-0.93-0.85-0.94-0.96-0.95-0.65
0.981.00.930.93-0.960.890.981.00.961.00.960.990.99-0.820.850.980.930.590.880.980.90.991.00.990.79
0.950.910.990.98-0.790.890.950.860.980.910.970.930.95-0.50.810.940.980.870.870.940.890.940.910.930.67
1.00.990.980.98-0.930.980.950.960.990.990.991.01.0-0.740.871.00.960.730.91.00.921.00.991.00.76
0.960.990.90.9-0.961.00.860.960.940.990.930.980.97-0.840.830.960.920.530.860.960.880.970.990.980.8
0.990.970.990.99-0.890.960.980.990.940.980.990.980.99-0.660.850.990.980.780.90.990.920.990.970.980.74
0.991.00.950.95-0.961.00.910.990.990.980.971.00.99-0.80.870.990.940.640.890.990.911.01.01.00.78
0.990.971.01.0-0.890.960.970.990.930.990.970.980.99-0.670.870.990.970.80.90.990.920.990.970.980.73
1.01.00.960.97-0.950.990.931.00.980.981.00.981.0-0.780.871.00.950.680.91.00.921.01.01.00.77
1.00.990.980.98-0.920.990.951.00.970.990.990.991.0-0.730.871.00.970.720.91.00.921.00.991.00.76
-0.74-0.8-0.61-0.630.91-0.82-0.5-0.74-0.84-0.66-0.8-0.67-0.78-0.73-0.72-0.76-0.57-0.16-0.67-0.75-0.68-0.77-0.8-0.78-0.62
0.870.870.850.86-0.840.850.810.870.830.850.870.870.870.87-0.720.880.810.680.990.870.980.870.870.870.68
1.00.990.980.98-0.930.980.941.00.960.990.990.991.01.0-0.760.880.950.720.91.00.921.00.991.00.76
0.960.940.970.96-0.830.930.980.960.920.980.940.970.950.97-0.570.810.950.770.880.950.90.950.940.950.72
0.730.640.850.84-0.490.590.870.730.530.780.640.80.680.72-0.160.680.720.770.720.720.740.70.640.690.39
0.90.890.890.89-0.840.880.870.90.860.90.890.90.90.9-0.670.990.90.880.720.91.00.90.890.90.71
1.00.990.980.98-0.930.980.941.00.960.990.990.991.01.0-0.750.871.00.950.720.90.921.00.991.00.76
0.920.910.920.92-0.850.90.890.920.880.920.910.920.920.92-0.680.980.920.90.741.00.920.920.910.920.72
1.01.00.970.97-0.940.990.941.00.970.991.00.991.01.0-0.770.871.00.950.70.91.00.921.01.00.77
0.991.00.950.95-0.961.00.910.990.990.971.00.971.00.99-0.80.870.990.940.640.890.990.911.01.00.78
1.01.00.970.97-0.950.990.931.00.980.981.00.981.01.0-0.780.871.00.950.690.91.00.921.01.00.77
0.760.780.70.7-0.650.790.670.760.80.740.780.730.770.76-0.620.680.760.720.390.710.760.720.770.780.77
Click cells to compare fundamentals

Guanajuato Silver Account Relationship Matchups

Guanajuato Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4M10.2M51.3M85.6M98.5M103.4M
Total Current Liabilities330.9K200.6K12.9M33.2M38.1M40.0M
Total Stockholder Equity2.0M10.0M30.8M32.5M37.4M39.3M
Net Tangible Assets2.0M7.7M30.8M32.5M37.4M39.3M
Retained Earnings(47.4M)(37.6M)(49.5M)(76.2M)(68.6M)(72.0M)
Accounts Payable320.9K194.1K3.5M12.5M14.4M15.1M
Cash544.3K5.3M8.2M8.8M10.2M10.7M
Non Current Assets Total1.8M4.5M36.7M58.5M67.2M70.6M
Net Receivables28.3K83.7K491.7K3.9M4.4M4.7M
Common Stock Shares Outstanding59.7M111.0M224.2M318.6M366.4M384.7M
Total Liab330.9K274.9K20.5M53.1M61.1M64.2M
Net Invested Capital2.0M10.0M39.0M49.0M56.3M59.2M
Total Current Assets575.6K4.5M14.6M27.2M31.3M32.8M
Net Working Capital244.7K5.4M1.7M(6.0M)(5.4M)(5.1M)
Common Stock38.5M32.3M60.7M82.4M94.7M52.8M
Property Plant Equipment1.5M2.7M35.0M57.6M66.3M69.6M
Other Assets251.4K699.2K1.7M834.4K959.5K790.8K
Capital Stock38.5M44.2M60.7M82.4M94.7M57.9M

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