Silver Non Currrent Assets Other vs Total Assets Analysis

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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 Total Assets 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 Total Assets

Non Currrent Assets Other vs Total Assets 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 Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Silver Bear's Non Currrent Assets Other and Total Assets is 0.38. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets 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 Total Assets 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 Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Silver Bear's Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Total Assets

Total assets refers to the total amount of Silver Bear 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 Bear Resources 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.
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 27th 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 Depreciation10.5M15.1M5.7M10.0M
Interest Income24.1K63.4K271.7K258.1K

Silver Bear fundamental ratios Correlations

0.470.18-0.40.990.72-0.540.650.270.990.270.690.50.810.680.650.350.770.990.920.50.380.890.740.490.16
0.470.03-0.130.430.29-0.190.540.210.450.210.770.30.270.160.490.070.310.450.470.3-0.120.410.30.440.0
0.180.03-0.930.090.76-0.850.43-0.070.11-0.070.10.320.550.76-0.30.120.730.10.380.34-0.1-0.140.760.031.0
-0.4-0.13-0.93-0.34-0.920.97-0.450.18-0.360.18-0.19-0.43-0.77-0.910.2-0.24-0.89-0.36-0.5-0.440.14-0.17-0.90.01-0.93
0.990.430.09-0.340.68-0.490.610.191.00.190.670.470.810.650.620.360.721.00.850.460.340.930.690.420.08
0.720.290.76-0.920.68-0.950.59-0.010.69-0.010.40.520.930.980.130.341.00.690.750.530.060.531.00.180.75
-0.54-0.19-0.850.97-0.49-0.95-0.480.12-0.50.12-0.26-0.62-0.85-0.940.05-0.31-0.93-0.5-0.6-0.640.03-0.34-0.94-0.1-0.84
0.650.540.43-0.450.610.59-0.480.160.620.160.820.340.60.530.330.210.620.620.680.340.120.370.60.440.41
0.270.21-0.070.180.19-0.010.120.160.191.00.180.08-0.14-0.130.77-0.050.040.170.510.080.80.140.050.75-0.08
0.990.450.11-0.361.00.69-0.50.620.190.190.680.480.820.660.610.360.731.00.860.470.320.930.70.430.09
0.270.21-0.070.180.19-0.010.120.161.00.190.180.08-0.14-0.130.77-0.050.040.170.510.080.80.140.050.75-0.08
0.690.770.1-0.190.670.4-0.260.820.180.680.180.340.450.310.540.20.450.680.650.330.080.520.420.50.08
0.50.30.32-0.430.470.52-0.620.340.080.480.080.340.510.480.280.330.530.470.511.00.150.370.520.40.32
0.810.270.55-0.770.810.93-0.850.6-0.140.82-0.140.450.510.940.160.380.940.820.710.520.010.710.920.150.54
0.680.160.76-0.910.650.98-0.940.53-0.130.66-0.130.310.480.940.00.350.970.660.660.49-0.010.510.970.060.75
0.650.49-0.30.20.620.130.050.330.770.610.770.540.280.160.00.070.190.60.680.270.740.630.180.73-0.31
0.350.070.12-0.240.360.34-0.310.21-0.050.36-0.050.20.330.380.350.070.340.360.30.330.050.340.34-0.090.12
0.770.310.73-0.890.721.0-0.930.620.040.730.040.450.530.940.970.190.340.730.790.540.110.571.00.250.73
0.990.450.1-0.361.00.69-0.50.620.171.00.170.680.470.820.660.60.360.730.850.470.310.930.70.410.09
0.920.470.38-0.50.850.75-0.60.680.510.860.510.650.510.710.660.680.30.790.850.510.530.680.780.630.37
0.50.30.34-0.440.460.53-0.640.340.080.470.080.331.00.520.490.270.330.540.470.510.150.370.530.40.33
0.38-0.12-0.10.140.340.060.030.120.80.320.80.080.150.01-0.010.740.050.110.310.530.150.280.120.53-0.1
0.890.41-0.14-0.170.930.53-0.340.370.140.930.140.520.370.710.510.630.340.570.930.680.370.280.540.32-0.15
0.740.30.76-0.90.691.0-0.940.60.050.70.050.420.520.920.970.180.341.00.70.780.530.120.540.220.75
0.490.440.030.010.420.18-0.10.440.750.430.750.50.40.150.060.73-0.090.250.410.630.40.530.320.220.01
0.160.01.0-0.930.080.75-0.840.41-0.080.09-0.080.080.320.540.75-0.310.120.730.090.370.33-0.1-0.150.750.01
Click cells to compare fundamentals

Silver Bear Account Relationship Matchups

Silver Bear fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets146.8M117.4M120.8M104.7M96.8M65.2M
Other Current Liab2.8M3.7M2.0M2.8M734.4K697.7K
Total Current Liabilities6.0M8.5M34.4M216.6M228.1M239.5M
Total Stockholder Equity(30.3M)(61.4M)(87.1M)(139.9M)(173.6M)(164.9M)
Property Plant And Equipment Net111.7M88.9M90.1M67.0M57.3M41.5M
Net Debt162.3M169.8M198.9M230.9M261.3M274.3M
Retained Earnings(172.4M)(219.3M)(246.5M)(291.9M)(360.1M)(342.1M)
Accounts Payable2.5M1.8M1.5M4.0M1.3M1.8M
Cash5.4M1.3M1.9M2.6M3.6M6.6M
Non Current Assets Total115.2M92.2M94.3M71.3M62.1M43.6M
Cash And Short Term Investments5.4M1.3M1.9M2.6M3.6M6.6M
Net Receivables3.4M2.8M2.8M6.1M540.9K513.9K
Common Stock Total Equity99.6M99.6M99.6M99.6M114.5M97.2M
Common Stock Shares Outstanding695.2M695.8M676.1M678.3M678.3M712.2M
Liabilities And Stockholders Equity146.8M117.4M120.8M104.7M96.8M65.2M
Inventory19.6M18.1M18.5M23.3M30.5M32.0M
Other Current Assets3.1M3.1M3.4M1.4M96.3K91.5K
Other Stockholder Equity44.8M44.9M45.3M43.1M37.7M34.4M
Total Liab177.1M178.8M207.9M244.6M270.4M283.9M
Property Plant And Equipment Gross111.0M88.9M90.1M67.0M59.0M41.3M
Total Current Assets31.5M25.3M26.5M33.4M34.7M21.6M
Common Stock99.6M99.6M99.6M99.6M114.5M100.0M
Non Currrent Assets Other3.2M3.0M4.0M4.2M4.8M4.6M
Accumulated Other Comprehensive Income(2.2M)13.5M14.6M9.2M49.2M51.7M
Non Current Liabilities Total171.1M170.3M173.5M28.0M42.3M62.5M
Short Long Term Debt Total167.7M171.1M200.8M233.4M264.9M278.1M
Short Term Debt626.9K4.8M30.9M209.7M226.0M237.3M
Other Liab4.0M4.0M3.6M4.2M4.9M2.5M
Net Tangible Assets(30.2M)(30.6M)(61.7M)(87.3M)(78.5M)(74.6M)
Property Plant Equipment109.0M111.0M86.0M89.2M102.6M67.6M
Other Assets4.0M4.0M5.8M4.9M5.7M5.4M
Long Term Debt Total163.8M167.1M166.3M169.9M195.4M137.2M
Capital Surpluse41.4M44.8M44.9M45.3M52.0M38.3M
Long Term Debt166.8M165.1M167.6M23.6M38.3M36.4M
Capital Lease Obligations888.3K2.9M5.2M2.5M1.4M2.2M
Net Invested Capital136.5M106.8M108.5M91.0M89.9M90.8M
Net Working Capital25.6M16.8M(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.
Pair CorrelationCorrelation Matching

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.