Silver Accounts Payable vs Property Plant And Equipment Net Analysis
SBR Stock | CAD 0.05 0.00 0.00% |
Silver Bear financial indicator trend analysis is much more than just breaking down Silver Bear Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver Bear Resources is a good investment. Please check the relationship between Silver Bear Accounts Payable and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Bear Resources. 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.
Accounts Payable vs Property Plant And Equipment Net
Accounts Payable vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Bear Resources Accounts Payable account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Silver Bear's Accounts Payable and Property Plant And Equipment Net is 0.61. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Silver Bear Resources, assuming nothing else is changed. The correlation between historical values of Silver Bear's Accounts Payable and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Silver Bear Resources are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Accounts Payable i.e., Silver Bear's Accounts Payable and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Silver Bear obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Silver Bear Resources are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Silver Bear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver Bear Resources 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 Bear Resources. 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. At this time, Silver Bear's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Tax Provision is likely to grow to about 1.1 M, while Sales General And Administrative To Revenue is likely to drop 0.19.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 10.5M | 15.1M | 5.7M | 10.0M | Interest Income | 24.1K | 63.4K | 271.7K | 258.1K |
Silver Bear fundamental ratios Correlations
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Silver Bear Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silver Bear fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 146.8M | 117.4M | 120.8M | 104.7M | 96.8M | 65.2M | |
Other Current Liab | 2.8M | 3.7M | 2.0M | 2.8M | 734.4K | 697.7K | |
Total Current Liabilities | 6.0M | 8.5M | 34.4M | 216.6M | 228.1M | 239.5M | |
Total Stockholder Equity | (30.3M) | (61.4M) | (87.1M) | (139.9M) | (173.6M) | (164.9M) | |
Property Plant And Equipment Net | 111.7M | 88.9M | 90.1M | 67.0M | 57.3M | 41.5M | |
Net Debt | 162.3M | 169.8M | 198.9M | 230.9M | 261.3M | 274.3M | |
Retained Earnings | (172.4M) | (219.3M) | (246.5M) | (291.9M) | (360.1M) | (342.1M) | |
Accounts Payable | 2.5M | 1.8M | 1.5M | 4.0M | 1.3M | 1.8M | |
Cash | 5.4M | 1.3M | 1.9M | 2.6M | 3.6M | 6.6M | |
Non Current Assets Total | 115.2M | 92.2M | 94.3M | 71.3M | 62.1M | 43.6M | |
Cash And Short Term Investments | 5.4M | 1.3M | 1.9M | 2.6M | 3.6M | 6.6M | |
Net Receivables | 3.4M | 2.8M | 2.8M | 6.1M | 540.9K | 513.9K | |
Common Stock Total Equity | 99.6M | 99.6M | 99.6M | 99.6M | 114.5M | 97.2M | |
Common Stock Shares Outstanding | 695.2M | 695.8M | 676.1M | 678.3M | 678.3M | 712.2M | |
Liabilities And Stockholders Equity | 146.8M | 117.4M | 120.8M | 104.7M | 96.8M | 65.2M | |
Inventory | 19.6M | 18.1M | 18.5M | 23.3M | 30.5M | 32.0M | |
Other Current Assets | 3.1M | 3.1M | 3.4M | 1.4M | 96.3K | 91.5K | |
Other Stockholder Equity | 44.8M | 44.9M | 45.3M | 43.1M | 37.7M | 34.4M | |
Total Liab | 177.1M | 178.8M | 207.9M | 244.6M | 270.4M | 283.9M | |
Property Plant And Equipment Gross | 111.0M | 88.9M | 90.1M | 67.0M | 59.0M | 41.3M | |
Total Current Assets | 31.5M | 25.3M | 26.5M | 33.4M | 34.7M | 21.6M | |
Common Stock | 99.6M | 99.6M | 99.6M | 99.6M | 114.5M | 100.0M | |
Non Currrent Assets Other | 3.2M | 3.0M | 4.0M | 4.2M | 4.8M | 4.6M | |
Accumulated Other Comprehensive Income | (2.2M) | 13.5M | 14.6M | 9.2M | 49.2M | 51.7M | |
Non Current Liabilities Total | 171.1M | 170.3M | 173.5M | 28.0M | 42.3M | 62.5M | |
Short Long Term Debt Total | 167.7M | 171.1M | 200.8M | 233.4M | 264.9M | 278.1M | |
Short Term Debt | 626.9K | 4.8M | 30.9M | 209.7M | 226.0M | 237.3M | |
Other Liab | 4.0M | 4.0M | 3.6M | 4.2M | 4.9M | 2.5M | |
Net Tangible Assets | (30.2M) | (30.6M) | (61.7M) | (87.3M) | (78.5M) | (74.6M) | |
Property Plant Equipment | 109.0M | 111.0M | 86.0M | 89.2M | 102.6M | 67.6M | |
Other Assets | 4.0M | 4.0M | 5.8M | 4.9M | 5.7M | 5.4M | |
Long Term Debt Total | 163.8M | 167.1M | 166.3M | 169.9M | 195.4M | 137.2M | |
Capital Surpluse | 41.4M | 44.8M | 44.9M | 45.3M | 52.0M | 38.3M | |
Long Term Debt | 166.8M | 165.1M | 167.6M | 23.6M | 38.3M | 36.4M | |
Capital Lease Obligations | 888.3K | 2.9M | 5.2M | 2.5M | 1.4M | 2.2M | |
Net Invested Capital | 136.5M | 106.8M | 108.5M | 91.0M | 89.9M | 90.8M | |
Net Working Capital | 25.6M | 16.8M | (7.9M) | (183.2M) | (193.4M) | (183.7M) |
Pair Trading with Silver Bear
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Silver Bear position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Silver Bear will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Silver Bear could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silver Bear when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Silver Bear - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Silver Bear Resources to buy it.
The correlation of Silver Bear is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Silver Bear moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silver Bear Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Silver Bear can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Silver Stock
Balance Sheet is a snapshot of the financial position of Silver Bear Resources at a specified time, usually calculated after every quarter, six months, or one year. Silver Bear Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Silver Bear and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Silver currently owns. An asset can also be divided into two categories, current and non-current.