SilverCrest Operating Income vs Ebitda Analysis

SIL Stock

14.38 0.12 0.84%

SilverCrest Metals financial indicator trend analysis is much more than just breaking down SilverCrest Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SilverCrest Metals is a good investment. Please check the relationship between SilverCrest Metals Operating Income and its Ebitda accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SilverCrest Metals. 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.

To learn how to invest in SilverCrest Stock, please use our How to Invest in SilverCrest Metals guide.

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SilverCrest Metals Operating Income account and Ebitda. At this time, the significance of the direction appears to have totally related.

The correlation between SilverCrest Metals' Operating Income and Ebitda is 0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of SilverCrest Metals, assuming nothing else is changed. The correlation between historical values of SilverCrest Metals' Operating Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of SilverCrest Metals are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., SilverCrest Metals' Operating Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from SilverCrest Metals operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of SilverCrest Metals is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebitda

Most indicators from SilverCrest Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SilverCrest Metals 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 SilverCrest Metals. 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.

To learn how to invest in SilverCrest Stock, please use our How to Invest in SilverCrest Metals guide.At this time, SilverCrest Metals' Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Tax Provision is likely to grow to about 6.9 M, while Issuance Of Capital Stock is likely to drop about 3 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	74.0K	2.8M	21.3M	22.4M
Interest Income	4.1M	27.4M	4.0M	4.8M

Depreciation And Amortization Interest Income

SilverCrest Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Accounts Payable	Inventory
Total Assets		0.93	0.92	1.0	0.97	-0.67	-0.51	0.71	0.98	0.87	0.27	0.71	0.96	0.93	0.89	0.83	0.84	0.85	0.84	0.97	0.87	0.9	0.97	1.0	0.53	0.84
Other Current Liab	0.93		0.9	0.93	0.86	-0.76	-0.51	0.71	0.87	0.86	0.33	0.71	0.83	0.94	0.86	0.83	0.84	0.83	0.73	0.86	0.84	0.84	0.86	0.92	0.74	0.78
Total Current Liabilities	0.92	0.9		0.95	0.95	-0.51	-0.23	0.43	0.95	0.71	-0.06	0.43	0.94	0.82	0.74	0.72	0.93	0.73	0.63	0.96	0.67	0.74	0.95	0.92	0.46	0.97
Total Stockholder Equity	1.0	0.93	0.95		0.97	-0.68	-0.44	0.67	0.98	0.83	0.21	0.67	0.96	0.93	0.87	0.83	0.88	0.84	0.79	0.98	0.84	0.87	0.97	0.99	0.5	0.87
Property Plant And Equipment Net	0.97	0.86	0.95	0.97		-0.49	-0.39	0.55	1.0	0.8	0.08	0.54	0.99	0.84	0.83	0.74	0.83	0.76	0.8	1.0	0.76	0.85	1.0	0.97	0.41	0.91
Net Debt	-0.67	-0.76	-0.51	-0.68	-0.49		0.57	-0.89	-0.51	-0.67	-0.71	-0.89	-0.45	-0.83	-0.72	-0.81	-0.59	-0.78	-0.55	-0.5	-0.84	-0.68	-0.49	-0.67	-0.63	-0.3
Retained Earnings	-0.51	-0.51	-0.23	-0.44	-0.39	0.57		-0.84	-0.38	-0.82	-0.8	-0.84	-0.37	-0.67	-0.77	-0.61	-0.02	-0.63	-0.8	-0.34	-0.76	-0.76	-0.37	-0.54	-0.76	-0.06
Cash	0.71	0.71	0.43	0.67	0.55	-0.89	-0.84		0.55	0.83	0.86	1.0	0.5	0.84	0.84	0.79	0.39	0.78	0.81	0.52	0.93	0.83	0.54	0.72	0.67	0.22
Non Current Assets Total	0.98	0.87	0.95	0.98	1.0	-0.51	-0.38	0.55		0.8	0.08	0.55	0.99	0.85	0.83	0.75	0.85	0.77	0.79	1.0	0.76	0.84	1.0	0.97	0.42	0.91
Non Currrent Assets Other	0.87	0.86	0.71	0.83	0.8	-0.67	-0.82	0.83	0.8		0.54	0.83	0.78	0.92	0.99	0.84	0.52	0.86	0.93	0.78	0.94	0.98	0.79	0.89	0.77	0.58
Other Assets	0.27	0.33	-0.06	0.21	0.08	-0.71	-0.8	0.86	0.08	0.54		0.86	0.02	0.48	0.52	0.5	-0.08	0.48	0.53	0.05	0.64	0.49	0.06	0.29	0.59	-0.28
Cash And Short Term Investments	0.71	0.71	0.43	0.67	0.54	-0.89	-0.84	1.0	0.55	0.83	0.86		0.5	0.84	0.83	0.79	0.39	0.77	0.81	0.52	0.93	0.82	0.53	0.72	0.67	0.22
Net Receivables	0.96	0.83	0.94	0.96	0.99	-0.45	-0.37	0.5	0.99	0.78	0.02	0.5		0.82	0.8	0.71	0.82	0.74	0.78	0.99	0.73	0.83	0.99	0.96	0.37	0.92
Common Stock Total Equity	0.93	0.94	0.82	0.93	0.84	-0.83	-0.67	0.84	0.85	0.92	0.48	0.84	0.82		0.95	0.94	0.73	0.93	0.81	0.84	0.93	0.92	0.84	0.94	0.73	0.68
Common Stock Shares Outstanding	0.89	0.86	0.74	0.87	0.83	-0.72	-0.77	0.84	0.83	0.99	0.52	0.83	0.8	0.95		0.89	0.58	0.9	0.91	0.81	0.95	0.99	0.81	0.91	0.72	0.61
Short Term Investments	0.83	0.83	0.72	0.83	0.74	-0.81	-0.61	0.79	0.75	0.84	0.5	0.79	0.71	0.94	0.89		0.64	0.99	0.69	0.74	0.85	0.84	0.72	0.84	0.66	0.58
Other Current Assets	0.84	0.84	0.93	0.88	0.83	-0.59	-0.02	0.39	0.85	0.52	-0.08	0.39	0.82	0.73	0.58	0.64		0.63	0.44	0.86	0.59	0.58	0.85	0.81	0.29	0.89
Other Stockholder Equity	0.85	0.83	0.73	0.84	0.76	-0.78	-0.63	0.78	0.77	0.86	0.48	0.77	0.74	0.93	0.9	0.99	0.63		0.73	0.76	0.85	0.86	0.74	0.86	0.66	0.61
Total Liab	0.84	0.73	0.63	0.79	0.8	-0.55	-0.8	0.81	0.79	0.93	0.53	0.81	0.78	0.81	0.91	0.69	0.44	0.73		0.77	0.9	0.95	0.79	0.86	0.56	0.51
Property Plant And Equipment Gross	0.97	0.86	0.96	0.98	1.0	-0.5	-0.34	0.52	1.0	0.78	0.05	0.52	0.99	0.84	0.81	0.74	0.86	0.76	0.77		0.74	0.82	1.0	0.97	0.39	0.93
Total Current Assets	0.87	0.84	0.67	0.84	0.76	-0.84	-0.76	0.93	0.76	0.94	0.64	0.93	0.73	0.93	0.95	0.85	0.59	0.85	0.9	0.74		0.96	0.75	0.88	0.66	0.5
Common Stock	0.9	0.84	0.74	0.87	0.85	-0.68	-0.76	0.83	0.84	0.98	0.49	0.82	0.83	0.92	0.99	0.84	0.58	0.86	0.95	0.82	0.96		0.83	0.92	0.66	0.62
Property Plant Equipment	0.97	0.86	0.95	0.97	1.0	-0.49	-0.37	0.54	1.0	0.79	0.06	0.53	0.99	0.84	0.81	0.72	0.85	0.74	0.79	1.0	0.75	0.83		0.97	0.4	0.92
Net Tangible Assets	1.0	0.92	0.92	0.99	0.97	-0.67	-0.54	0.72	0.97	0.89	0.29	0.72	0.96	0.94	0.91	0.84	0.81	0.86	0.86	0.97	0.88	0.92	0.97		0.55	0.83
Accounts Payable	0.53	0.74	0.46	0.5	0.41	-0.63	-0.76	0.67	0.42	0.77	0.59	0.67	0.37	0.73	0.72	0.66	0.29	0.66	0.56	0.39	0.66	0.66	0.4	0.55		0.29
Inventory	0.84	0.78	0.97	0.87	0.91	-0.3	-0.06	0.22	0.91	0.58	-0.28	0.22	0.92	0.68	0.61	0.58	0.89	0.61	0.51	0.93	0.5	0.62	0.92	0.83	0.29

Click cells to compare fundamentals

SilverCrest Metals Account Relationship Matchups

SilverCrest Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	98.0M	191.7M	369.0M	355.3M	460.2M	483.2M
Other Current Liab	3.8M	13.4M	7.4M	10.1M	15.2M	15.9M
Total Current Liabilities	3.9M	13.6M	10.6M	36.9M	51.8M	54.4M
Total Stockholder Equity	93.8M	149M	268.3M	277.0M	402.3M	422.4M
Property Plant And Equipment Net	6.3M	39.0M	165.7M	228.1M	246.7M	259.1M
Net Debt	(84.1M)	(105.9M)	(88.9M)	(794K)	(85.7M)	(81.4M)
Retained Earnings	(75.5M)	(134.8M)	(157.4M)	(126.0M)	(12.4M)	(13.0M)
Cash	84.5M	135.1M	176.5M	50.8M	86.0M	71.3M
Non Current Assets Total	11.4M	51.3M	178.9M	243.6M	281.6M	295.7M
Non Currrent Assets Other	5.0M	12.3M	13.2M	15.5M	12.2M	7.7M
Other Assets	5.0M	12.3M	13.2M	27K	31.1K	29.5K
Cash And Short Term Investments	84.5M	135.1M	176.5M	50.8M	86.0M	71.9M
Net Receivables	1.7M	687K	10.3M	16.2M	16.4M	17.2M
Common Stock Total Equity	29.9M	86.7M	209.7M	265.9M	305.8M	321.1M
Common Stock Shares Outstanding	88.6M	123.0M	142.6M	152.2M	146.9M	103.4M
Liabilities And Stockholders Equity	98.0M	191.7M	369.0M	355.3M	460.2M	483.2M
Other Current Assets	2.8M	4.6M	3.3M	4.7M	26.4M	27.7M
Other Stockholder Equity	8.7M	9.0M	9.8M	10.9M	11.3M	11.9M
Total Liab	4.2M	42.7M	100.7M	78.4M	57.8M	34.9M
Property Plant And Equipment Gross	8.3M	39.0M	167.9M	236.9M	284.2M	298.4M
Total Current Assets	86.6M	140.4M	190.1M	111.8M	178.5M	93.3M
Accumulated Other Comprehensive Income	(412.1K)	8.9M	14.2M	(13.8M)	(3.5M)	(3.4M)
Common Stock	160.6M	265.9M	401.7M	405.8M	406.9M	213.7M
Property Plant Equipment	6.4M	39.0M	165.7M	228.1M	262.3M	275.4M
Net Tangible Assets	94.3M	149M	268.3M	277.0M	318.5M	334.5M
Accounts Payable	3.7M	13.4M	3.0M	7.6M	2.9M	4.5M
Long Term Debt Total	356.7K	29.1M	87.4M	36.5M	41.9M	24.1M
Non Current Liabilities Total	273.1K	29.1M	90.1M	41.4M	6.1M	5.8M
Inventory	(2.3M)	(2.1M)	0.0	40.2M	49.8M	52.3M
Cash And Equivalents	86.5M	135.1M	176.5M	50.8M	58.4M	78.3M
Short Term Debt	134.4K	138K	178K	13.5M	67K	63.7K
Net Invested Capital	93.8M	178.0M	355.4M	326.6M	402.3M	225.6M
Net Working Capital	82.7M	126.9M	179.6M	74.9M	126.8M	99.0M
Capital Stock	160.6M	265.9M	401.7M	405.8M	406.9M	312.5M

Pair Trading with SilverCrest Metals

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 SilverCrest Metals 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 SilverCrest Metals will appreciate offsetting losses from the drop in the long position's value.

Moving together with SilverCrest Stock

0.91	AG	First Majestic Silver	Pair Corr
0.84	IE	Ivanhoe Energy	Pair Corr
0.83	FDY	Faraday Copper Corp	Pair Corr

Moving against SilverCrest Stock

0.39	INFM	Infinico Metals Corp	Pair Corr
0.31	UNH	UnitedHealth Group CDR	Pair Corr

The ability to find closely correlated positions to SilverCrest Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SilverCrest Metals 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 SilverCrest Metals - 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 SilverCrest Metals to buy it.

The correlation of SilverCrest Metals 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 SilverCrest Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SilverCrest Metals 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 SilverCrest Metals 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 Correlation Correlation Matching

When determining whether SilverCrest Metals is a strong investment it is important to analyze SilverCrest Metals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SilverCrest Metals' future performance. For an informed investment choice regarding SilverCrest Stock, refer to the following important reports:

How To Invest In SilverCrest

Details

Is SilverCrest Stock a good investment?

Details

What is SilverCrest Metals' Net Worth?

Details

Largest Precious Metals & Minerals Companies

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Largest Other Precious Metals & Mining Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SilverCrest Metals. 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.

To learn how to invest in SilverCrest Stock, please use our How to Invest in SilverCrest Metals guide.

You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Please note, there is a significant difference between SilverCrest Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if SilverCrest Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SilverCrest Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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SilverCrest Operating Income vs Ebitda Analysis

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

Correlation Coefficient

Operating Income

Ebitda

SilverCrest Metals fundamental ratios Correlations

SilverCrest Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SilverCrest Metals fundamental ratios Accounts

Pair Trading with SilverCrest Metals

Moving together with SilverCrest Stock

Moving against SilverCrest Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Cash And Short Term Investments	- 0.89	Net Debt
Cash	- 0.89	Net Debt
Cash And Short Term Investments	- 0.84	Retained Earnings
Cash	- 0.84	Retained Earnings
Total Current Assets	- 0.84	Net Debt
Common Stock Total Equity	- 0.83	Net Debt