SilverCrest Historical Income Statement

SILV Stock  USD 9.90  0.41  3.98%   
Historical analysis of SilverCrest Metals income statement accounts such as Selling General Administrative of 16.5 M, Total Revenue of 262.1 M, Gross Profit of 157.3 M or Other Operating Expenses of 121.7 M can show how well SilverCrest Metals performed in making a profits. Evaluating SilverCrest Metals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SilverCrest Metals's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining SilverCrest Metals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SilverCrest Metals is a good buy for the upcoming year.
  
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 bureau of economic analysis.
For more information on how to buy SilverCrest Stock please use our How to Invest in SilverCrest Metals guide.

About SilverCrest Income Statement Analysis

SilverCrest Metals Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SilverCrest Metals shareholders. The income statement also shows SilverCrest investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

SilverCrest Metals Income Statement Chart

At this time, SilverCrest Metals' EBITDA is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 104.8 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (7.8 M).

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SilverCrest Metals. It is also known as SilverCrest Metals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on SilverCrest Metals income statement and represents the costs associated with goods and services SilverCrest Metals provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in SilverCrest Metals financial statement analysis. It represents the amount of money remaining after all of SilverCrest Metals operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from SilverCrest Metals' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 bureau of economic analysis.
For more information on how to buy SilverCrest Stock please use our How to Invest in SilverCrest Metals guide.At this time, SilverCrest Metals' EBITDA is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 104.8 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (7.8 M).
 2021 2022 2023 2024 (projected)
Interest Expense27K3.4M2.3M2.4M
Depreciation And Amortization58.5K1.9M21.3M22.4M

SilverCrest Metals income statement Correlations

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0.880.690.871.00.920.950.90.920.941.00.160.92-0.290.910.850.331.00.85-0.76
0.870.690.80.740.670.690.740.680.690.720.140.760.260.750.96-0.410.690.97-0.64
0.970.870.80.890.930.750.710.710.740.880.440.74-0.190.730.90.180.870.88-0.86
0.91.00.740.890.910.950.920.930.951.00.140.93-0.230.930.890.261.00.89-0.76
0.940.920.670.930.910.750.680.70.730.920.530.72-0.430.70.820.370.920.81-0.87
0.770.950.690.750.950.750.991.01.00.95-0.160.99-0.070.990.830.160.950.83-0.59
0.750.90.740.710.920.680.990.990.990.91-0.251.00.041.00.850.010.90.85-0.55
0.730.920.680.710.930.71.00.991.00.93-0.230.990.00.990.820.110.920.82-0.52
0.760.940.690.740.950.731.00.991.00.94-0.180.99-0.040.990.830.140.940.83-0.55
0.91.00.720.881.00.920.950.910.930.940.150.93-0.250.920.880.281.00.87-0.76
0.420.160.140.440.140.53-0.16-0.25-0.23-0.180.15-0.2-0.54-0.220.160.330.160.16-0.55
0.780.920.760.740.930.720.991.00.990.990.93-0.20.041.00.880.020.920.88-0.56
-0.17-0.290.26-0.19-0.23-0.43-0.070.040.0-0.04-0.25-0.540.040.050.09-0.82-0.290.090.47
0.760.910.750.730.930.70.991.00.990.990.92-0.221.00.050.860.030.910.86-0.54
0.950.850.960.90.890.820.830.850.820.830.880.160.880.090.86-0.170.851.0-0.74
0.070.33-0.410.180.260.370.160.010.110.140.280.330.02-0.820.03-0.170.32-0.18-0.28
0.881.00.690.871.00.920.950.90.920.941.00.160.92-0.290.910.850.320.85-0.75
0.950.850.970.880.890.810.830.850.820.830.870.160.880.090.861.0-0.180.85-0.74
-0.88-0.76-0.64-0.86-0.76-0.87-0.59-0.55-0.52-0.55-0.76-0.55-0.560.47-0.54-0.74-0.28-0.75-0.74
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SilverCrest Metals Account Relationship Matchups

SilverCrest Metals income statement Accounts

201920202021202220232024 (projected)
Interest Income1.0M1.5M1.1M2.8M4.0M4.2M
Depreciation And Amortization215.2K415.9K58.5K1.9M21.3M22.4M
Interest Expense44.4K34K27K3.4M2.3M2.4M
Selling General Administrative5.5M5.5M7.2M9.2M15.8M16.5M
Gross Profit(119.4K)(395K)(59K)28.3M149.8M157.3M
Other Operating Expenses45.0M54.2M18.3M30.3M115.9M121.7M
Operating Income(44.2M)(52.7M)(17.2M)12.8M133.7M140.4M
Net Income From Continuing Ops(59.3M)(59.9M)(22.8M)31.3M116.7M122.6M
Ebit(44.2M)(68.8M)(23.1M)12.8M124.7M130.9M
Ebitda(44.0M)(68.4M)(23.0M)14.7M146.1M153.4M
Cost Of Revenue119.4K395K59K15.2M99.8M104.8M
Total Operating Expenses44.9M53.8M18.2M15.1M16.0M19.3M
Income Before Tax(45.3M)(59.9M)(22.4M)37.4M125.5M131.8M
Total Other Income Expense Net(1.0M)(23.6M)644.6K17.9M(8.2M)(7.8M)
Net Income Applicable To Common Shares(44.7M)(59.9M)(22.8M)31.3M28.2M29.6M
Net Income(45.4M)(60.0M)(22.8M)31.3M116.7M122.6M
Income Tax Expense114.8K34K384K6.1M6.6M7.0M
Net Interest Income949.5K1.5M1.1M(3.8M)1.3M1.4M
Reconciled Depreciation215.2K395K59K1.9M21.3M22.4M

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