Reyna Net Tangible Assets vs Common Stock Shares Outstanding Analysis

RSLV Stock  CAD 0.12  0.01  7.69%   
Reyna Silver financial indicator trend analysis is much more than just breaking down Reyna Silver Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reyna Silver Corp is a good investment. Please check the relationship between Reyna Silver Net Tangible Assets and its Common Stock Shares Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reyna 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 real.

Net Tangible Assets vs Common Stock Shares Outstanding

Net Tangible Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reyna Silver Corp Net Tangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Reyna Silver's Net Tangible Assets and Common Stock Shares Outstanding is 0.87. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Reyna Silver Corp, assuming nothing else is changed. The correlation between historical values of Reyna Silver's Net Tangible Assets and Common Stock Shares Outstanding 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 Tangible Assets of Reyna Silver Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Tangible Assets i.e., Reyna Silver's Net Tangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Reyna Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reyna 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reyna 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 real.
Selling General Administrative is likely to climb to about 2.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.5 M in 2024.

Reyna Silver fundamental ratios Correlations

0.81.00.99-0.820.960.570.880.280.82-0.311.00.680.940.540.910.82-0.40.890.770.890.64
0.80.810.83-0.870.930.10.920.080.92-0.420.810.230.910.090.870.88-0.510.930.850.860.89
1.00.810.99-0.810.970.580.880.30.82-0.381.00.680.940.550.910.81-0.390.890.770.890.63
0.990.830.99-0.830.960.530.910.260.87-0.330.990.640.960.50.920.83-0.40.910.780.910.66
-0.82-0.87-0.81-0.83-0.85-0.01-0.940.2-0.960.25-0.81-0.15-0.930.03-0.98-1.00.75-0.96-0.99-0.93-0.93
0.960.930.970.96-0.850.420.930.240.88-0.410.970.550.950.410.920.86-0.410.940.810.90.76
0.570.10.580.53-0.010.420.150.790.05-0.160.580.990.290.990.220.010.260.15-0.070.19-0.24
0.880.920.880.91-0.940.930.15-0.110.98-0.290.880.280.990.120.940.93-0.491.00.920.990.87
0.280.080.30.260.20.240.79-0.11-0.12-0.320.30.770.020.82-0.01-0.170.22-0.09-0.28-0.13-0.31
0.820.920.820.87-0.960.880.050.98-0.12-0.270.820.180.960.020.930.94-0.60.980.930.960.91
-0.31-0.42-0.38-0.330.25-0.41-0.16-0.29-0.32-0.27-0.38-0.24-0.33-0.28-0.3-0.260.09-0.3-0.24-0.32-0.17
1.00.811.00.99-0.810.970.580.880.30.82-0.380.680.940.550.910.81-0.390.890.770.890.63
0.680.230.680.64-0.150.550.990.280.770.18-0.240.680.410.980.350.150.160.280.070.32-0.11
0.940.910.940.96-0.930.950.290.990.020.96-0.330.940.410.250.960.92-0.490.990.90.980.82
0.540.090.550.50.030.410.990.120.820.02-0.280.550.980.250.18-0.030.30.12-0.10.16-0.28
0.910.870.910.92-0.980.920.220.94-0.010.93-0.30.910.350.960.180.98-0.690.960.960.940.86
0.820.880.810.83-1.00.860.010.93-0.170.94-0.260.810.150.92-0.030.98-0.770.950.990.910.94
-0.4-0.51-0.39-0.40.75-0.410.26-0.490.22-0.60.09-0.390.16-0.490.3-0.69-0.77-0.54-0.75-0.47-0.72
0.890.930.890.91-0.960.940.151.0-0.090.98-0.30.890.280.990.120.960.95-0.540.940.980.89
0.770.850.770.78-0.990.81-0.070.92-0.280.93-0.240.770.070.9-0.10.960.99-0.750.940.910.94
0.890.860.890.91-0.930.90.190.99-0.130.96-0.320.890.320.980.160.940.91-0.470.980.910.81
0.640.890.630.66-0.930.76-0.240.87-0.310.91-0.170.63-0.110.82-0.280.860.94-0.720.890.940.81
Click cells to compare fundamentals

Reyna Silver Account Relationship Matchups

Reyna Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9M16.6M16.5M16.0M14.7M12.9M
Total Current Liabilities250.8K448.5K350.2K575.9K576.5K462.5K
Total Stockholder Equity1.2M16.1M16.2M15.5M14.2M11.9M
Net Tangible Assets925.1K16.1M16.2M15.5M17.8M10.7M
Retained Earnings(696.0K)(6.4M)(18.2M)(26.8M)(35.8M)(34.0M)
Accounts Payable23.0K448.5K350.2K567.1K464.9K354.0K
Cash2.4M11.3M7.7M2.0M96.1K91.3K
Non Current Assets Total1.5M5.0M8.7M13.7M14.6M8.2M
Net Receivables1.4K80.7K15.4K4.4K6.8K6.4K
Total Liab2.7M448.5K350.2K575.9K576.5K719.3K
Net Invested Capital1.2M16.1M16.2M15.5M14.2M11.9M
Total Current Assets1.1M11.5M7.8M2.4M168.8K160.3K
Capital Stock1.9M19.9M27.7M34.8M41.2M23.3M
Net Working Capital885.5K11.1M7.5M1.8M(407.7K)(387.3K)
Common Stock858.1K19.9M27.7M34.8M40.1M42.1M
Property Plant Equipment2.3M4.9M7.4M11.6M13.4M14.0M

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Additional Tools for Reyna Stock Analysis

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