Silver Non Currrent Assets Other vs Other Stockholder Equity 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 Non Currrent Assets Other and its Other Stockholder Equity 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.
Non Currrent Assets Other vs Other Stockholder Equity
Non Currrent Assets Other vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Bear Resources Non Currrent Assets Other account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Silver Bear's Non Currrent Assets Other and Other Stockholder Equity is 0.05. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Stockholder Equity 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 Non Currrent Assets Other and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Silver Bear Resources are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Silver Bear's Non Currrent Assets Other and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Other Stockholder Equity
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.