IMPACT Total Current Assets vs Property Plant Equipment 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 Total Current Assets and its Property Plant Equipment 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.

Total Current Assets vs Property Plant Equipment

Total Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IMPACT Silver Corp Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between IMPACT Silver's Total Current Assets and Property Plant Equipment is -0.04. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment 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 Total Current Assets and Property Plant Equipment 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 IMPACT Silver Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., IMPACT Silver's Total Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Property Plant Equipment

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 Expenses17.5M18.9M27.3M28.6M
Depreciation And Amortization1.4M1.5M1.9M1.4M

IMPACT Silver fundamental ratios Correlations

0.340.451.00.66-0.43-0.240.370.440.640.440.480.550.270.570.560.760.830.320.17-0.06-0.380.44-0.250.49-0.24
0.340.910.310.73-0.08-0.730.920.070.740.07-0.110.84-0.050.810.080.380.460.95-0.23-0.75-0.580.48-0.440.7-0.68
0.450.910.410.81-0.09-0.560.950.090.820.080.170.760.050.930.140.520.60.9-0.16-0.6-0.480.35-0.390.53-0.65
1.00.310.410.62-0.49-0.220.330.510.60.510.460.550.310.520.620.70.820.280.19-0.03-0.380.46-0.240.49-0.23
0.660.730.810.620.07-0.620.78-0.071.0-0.060.340.79-0.140.950.030.830.570.770.03-0.41-0.560.23-0.50.52-0.6
-0.43-0.08-0.09-0.490.07-0.09-0.07-1.00.09-1.00.05-0.3-0.690.05-0.980.2-0.450.02-0.180.010.15-0.46-0.01-0.310.11
-0.24-0.73-0.56-0.22-0.62-0.09-0.730.1-0.590.110.46-0.850.5-0.530.16-0.29-0.14-0.710.30.780.9-0.260.87-0.840.87
0.370.920.950.330.78-0.07-0.730.050.780.05-0.060.84-0.060.870.070.440.510.94-0.13-0.75-0.650.35-0.580.67-0.82
0.440.070.090.51-0.07-1.00.10.05-0.091.0-0.020.290.68-0.050.98-0.20.45-0.040.170.02-0.140.460.020.3-0.08
0.640.740.820.61.00.09-0.590.78-0.09-0.090.370.77-0.140.960.010.840.580.790.03-0.38-0.520.25-0.450.49-0.57
0.440.070.080.51-0.06-1.00.110.051.0-0.09-0.010.280.7-0.050.98-0.190.46-0.040.20.02-0.140.460.030.3-0.08
0.48-0.110.170.460.340.050.46-0.06-0.020.37-0.01-0.150.310.360.170.580.46-0.030.280.520.350.050.42-0.340.34
0.550.840.760.550.79-0.3-0.850.840.290.770.28-0.15-0.10.730.280.430.520.81-0.06-0.64-0.850.52-0.710.89-0.85
0.27-0.050.050.31-0.14-0.690.5-0.060.68-0.140.70.31-0.1-0.020.74-0.070.43-0.080.560.10.40.180.46-0.180.29
0.570.810.930.520.950.05-0.530.87-0.050.96-0.050.360.73-0.020.040.770.610.86-0.01-0.46-0.430.25-0.370.44-0.57
0.560.080.140.620.03-0.980.160.070.980.010.980.170.280.740.04-0.050.57-0.020.250.09-0.10.490.080.27-0.04
0.760.380.520.70.830.2-0.290.44-0.20.84-0.190.580.43-0.070.77-0.050.60.480.16-0.11-0.230.11-0.220.25-0.21
0.830.460.60.820.57-0.45-0.140.510.450.580.460.460.520.430.610.570.60.470.3-0.08-0.270.67-0.070.49-0.27
0.320.950.90.280.770.02-0.710.94-0.040.79-0.04-0.030.81-0.080.86-0.020.480.47-0.1-0.71-0.520.44-0.430.65-0.71
0.17-0.23-0.160.190.03-0.180.3-0.130.170.030.20.28-0.060.56-0.010.250.160.3-0.10.250.240.020.23-0.140.13
-0.06-0.75-0.6-0.03-0.410.010.78-0.750.02-0.380.020.52-0.640.1-0.460.09-0.11-0.08-0.710.250.61-0.070.67-0.610.72
-0.38-0.58-0.48-0.38-0.560.150.9-0.65-0.14-0.52-0.140.35-0.850.4-0.43-0.1-0.23-0.27-0.520.240.61-0.330.92-0.870.89
0.440.480.350.460.23-0.46-0.260.350.460.250.460.050.520.180.250.490.110.670.440.02-0.07-0.330.010.68-0.25
-0.25-0.44-0.39-0.24-0.5-0.010.87-0.580.02-0.450.030.42-0.710.46-0.370.08-0.22-0.07-0.430.230.670.920.01-0.690.87
0.490.70.530.490.52-0.31-0.840.670.30.490.3-0.340.89-0.180.440.270.250.490.65-0.14-0.61-0.870.68-0.69-0.78
-0.24-0.68-0.65-0.23-0.60.110.87-0.82-0.08-0.57-0.080.34-0.850.29-0.57-0.04-0.21-0.27-0.710.130.720.89-0.250.87-0.78
Click cells to compare fundamentals

IMPACT Silver Account Relationship Matchups

IMPACT Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.0M64.8M66.5M68.8M88.6M44.5M
Total Current Liabilities2.5M2.7M2.5M2.0M6.7M7.1M
Total Stockholder Equity42.5M58.7M60.0M61.8M74.1M38.6M
Property Plant And Equipment Net43.1M41.3M42.6M49.9M69.2M72.6M
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 Payable2.4M2.6M2.4M1.9M6.7M7.0M
Cash3.8M20.4M21.1M15.3M8.3M8.3M
Non Current Assets Total43.9M41.9M42.6M50.4M74.3M78.0M
Cash And Short Term Investments3.8M20.4M21.2M15.5M8.4M8.4M
Net Receivables1.4M1.2M1.5M1.4M3.0M2.1M
Common Stock Shares Outstanding99.8M131.9M144.6M147.3M180.7M189.7M
Liabilities And Stockholders Equity50.0M64.8M66.5M68.8M88.6M44.5M
Other Stockholder Equity9.8M10.5M11.6M11.3M14.3M12.9M
Total Liab7.5M6.1M6.6M7.0M14.4M15.2M
Total Current Assets6.1M23.0M24.0M18.4M14.3M11.5M
Non Current Liabilities Total5.0M3.5M4.1M5.0M7.7M4.8M
Inventory539.0K1.2M1.1M1.1M2.1M1.1M
Accumulated Other Comprehensive Income(4.9M)(7.0M)(8.1M)(3.9M)238.0K249.9K
Other Current Assets335.7K160.3K249.8K310.7K843.9K886.1K
Short Term Investments2.5K0.085K240K90K112.0K
Non Currrent Assets Other(5.0M)(476.9K)(1.0M)(648.6K)(6.0M)(5.7M)
Other Liab5.2M4.9M3.5M4.0M3.6M4.0M
Net Tangible Assets41.3M42.5M58.7M60.0M69.0M54.5M
Other Assets537.9K667.4K725.4K575.2K517.7K491.8K
Common Stock63.9M79.3M81.1M82.2M94.9M74.1M
Property Plant Equipment45.6M43.1M41.3M42.6M38.3M35.8M
Net Invested Capital42.5M58.7M60.0M61.8M74.1M59.9M
Net Working Capital3.6M20.3M21.5M16.4M7.6M11.8M
Capital Stock63.9M79.3M81.1M82.2M94.9M84.6M

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Additional Tools for IMPACT Stock Analysis

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.