SILV Stock | | | USD 9.90 0.41 3.98% |
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 Depreciation And Amortization and its Selling And Marketing Expenses 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 bureau of economic analysis.
For more information on how to buy SilverCrest Stock please use our
How to Invest in SilverCrest Metals guide.
Depreciation And Amortization vs Selling And Marketing Expenses
Depreciation And Amortization vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SilverCrest Metals Depreciation And Amortization account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between SilverCrest Metals' Depreciation And Amortization and Selling And Marketing Expenses is -0.76. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling And Marketing Expenses 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' Depreciation And Amortization and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of SilverCrest Metals are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Depreciation And Amortization i.e., SilverCrest Metals' Depreciation And Amortization and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.76 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Selling And Marketing Expenses
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 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'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 6.9
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 27K | 3.4M | 2.3M | 2.4M | Depreciation And Amortization | 58.5K | 1.9M | 21.3M | 22.4M |
SilverCrest Metals fundamental ratios Correlations
Click cells to compare fundamentals
SilverCrest Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SilverCrest Metals fundamental ratios Accounts
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Additional Tools for SilverCrest Stock Analysis
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predict the probability of SilverCrest Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SilverCrest Metals' price. Additionally, you may evaluate how the addition of SilverCrest Metals to your portfolios can decrease your overall portfolio volatility.