IMPACT Property Plant Equipment vs Other Assets Analysis
IPT Stock | CAD 0.25 0.01 4.17% |
IMPACT Silver financial indicator trend analysis is infinitely more than just investigating IMPACT Silver Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IMPACT Silver Corp is a good investment. Please check the relationship between IMPACT Silver Property Plant Equipment and its Other Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IMPACT Silver Corp. 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.
Property Plant Equipment vs Other Assets
Property Plant Equipment vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IMPACT Silver Corp Property Plant Equipment account and Other Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between IMPACT Silver's Property Plant Equipment and Other Assets is 0.87. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Assets in the same time period over historical financial statements of IMPACT Silver Corp, assuming nothing else is changed. The correlation between historical values of IMPACT Silver's Property Plant Equipment and Other 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 Property Plant Equipment of IMPACT Silver Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Property Plant Equipment i.e., IMPACT Silver's Property Plant Equipment and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant Equipment
Other Assets
Most indicators from IMPACT Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IMPACT Silver Corp 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 IMPACT Silver Corp. 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. Tax Provision is likely to climb to about 2.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 17.5M | 18.9M | 27.3M | 28.6M | Depreciation And Amortization | 1.4M | 1.5M | 1.9M | 1.4M |
IMPACT Silver fundamental ratios Correlations
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IMPACT Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IMPACT Silver fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 50.0M | 64.8M | 66.5M | 68.8M | 88.6M | 44.5M | |
Total Current Liabilities | 2.5M | 2.7M | 2.5M | 2.0M | 6.7M | 7.1M | |
Total Stockholder Equity | 42.5M | 58.7M | 60.0M | 61.8M | 74.1M | 38.6M | |
Property Plant And Equipment Net | 43.1M | 41.3M | 42.6M | 49.9M | 69.2M | 72.6M | |
Net Debt | (3.6M) | (20.3M) | (20.8M) | (15.1M) | (8.2M) | (8.6M) | |
Retained Earnings | (26.4M) | (24.1M) | (24.6M) | (27.8M) | (35.3M) | (33.6M) | |
Accounts Payable | 2.4M | 2.6M | 2.4M | 1.9M | 6.7M | 7.0M | |
Cash | 3.8M | 20.4M | 21.1M | 15.3M | 8.3M | 8.3M | |
Non Current Assets Total | 43.9M | 41.9M | 42.6M | 50.4M | 74.3M | 78.0M | |
Cash And Short Term Investments | 3.8M | 20.4M | 21.2M | 15.5M | 8.4M | 8.4M | |
Net Receivables | 1.4M | 1.2M | 1.5M | 1.4M | 3.0M | 2.1M | |
Common Stock Shares Outstanding | 99.8M | 131.9M | 144.6M | 147.3M | 180.7M | 189.7M | |
Liabilities And Stockholders Equity | 50.0M | 64.8M | 66.5M | 68.8M | 88.6M | 44.5M | |
Other Stockholder Equity | 9.8M | 10.5M | 11.6M | 11.3M | 14.3M | 12.9M | |
Total Liab | 7.5M | 6.1M | 6.6M | 7.0M | 14.4M | 15.2M | |
Total Current Assets | 6.1M | 23.0M | 24.0M | 18.4M | 14.3M | 11.5M | |
Non Current Liabilities Total | 5.0M | 3.5M | 4.1M | 5.0M | 7.7M | 4.8M | |
Inventory | 539.0K | 1.2M | 1.1M | 1.1M | 2.1M | 1.1M | |
Accumulated Other Comprehensive Income | (4.9M) | (7.0M) | (8.1M) | (3.9M) | 238.0K | 249.9K | |
Other Current Assets | 335.7K | 160.3K | 249.8K | 310.7K | 843.9K | 886.1K | |
Short Term Investments | 2.5K | 0.0 | 85K | 240K | 90K | 112.0K | |
Non Currrent Assets Other | (5.0M) | (476.9K) | (1.0M) | (648.6K) | (6.0M) | (5.7M) | |
Other Liab | 5.2M | 4.9M | 3.5M | 4.0M | 3.6M | 4.0M | |
Net Tangible Assets | 41.3M | 42.5M | 58.7M | 60.0M | 69.0M | 54.5M | |
Other Assets | 537.9K | 667.4K | 725.4K | 575.2K | 517.7K | 491.8K | |
Common Stock | 63.9M | 79.3M | 81.1M | 82.2M | 94.9M | 74.1M | |
Property Plant Equipment | 45.6M | 43.1M | 41.3M | 42.6M | 38.3M | 35.8M | |
Net Invested Capital | 42.5M | 58.7M | 60.0M | 61.8M | 74.1M | 59.9M | |
Net Working Capital | 3.6M | 20.3M | 21.5M | 16.4M | 7.6M | 11.8M | |
Capital Stock | 63.9M | 79.3M | 81.1M | 82.2M | 94.9M | 84.6M |
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When running IMPACT Silver's price analysis, check to measure IMPACT 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 IMPACT Silver is operating at the current time. Most of IMPACT Silver's value examination focuses on studying past and present price action to predict the probability of IMPACT 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 IMPACT Silver's price. Additionally, you may evaluate how the addition of IMPACT Silver to your portfolios can decrease your overall portfolio volatility.