Silver Total Assets vs Net Debt Analysis
| SBMI Stock | 0.14 0.01 7.69% |
Silver Bullet financial indicator trend analysis is much more than just breaking down Silver Bullet Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver Bullet Mines is a good investment. Please check the relationship between Silver Bullet Total Assets and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Bullet Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Bullet Mines Total Assets account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Silver Bullet's Total Assets and Net Debt is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Silver Bullet Mines, assuming nothing else is changed. The correlation between historical values of Silver Bullet's Total Assets and Net Debt 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 Assets of Silver Bullet Mines are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Silver Bullet's Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Silver Bullet assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Silver Bullet Mines books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Silver Bullet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver Bullet Mines 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Bullet Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Selling General Administrative is likely to climb to about 962.6 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 690.8 K in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 47K | 1.8M | 2.1M | 2.2M | Research Development | 2.9M | 1.7M | 1.9M | 1.9M |
Silver Bullet fundamental ratios Correlations
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Silver Bullet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Silver Bullet's price analysis, check to measure Silver Bullet'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 Silver Bullet is operating at the current time. Most of Silver Bullet's value examination focuses on studying past and present price action to predict the probability of Silver Bullet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Bullet's price. Additionally, you may evaluate how the addition of Silver Bullet to your portfolios can decrease your overall portfolio volatility.