Silver Capex To Revenue vs Cash Per Share Analysis

SSE Stock  CAD 0.01  0.00  0.00%   
Silver Spruce financial indicator trend analysis is much more than just breaking down Silver Spruce Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver Spruce Resources is a good investment. Please check the relationship between Silver Spruce Capex To Revenue and its Cash Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Spruce 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.

Capex To Revenue vs Cash Per Share

Capex To Revenue vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Spruce Resources Capex To Revenue account and Cash Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Silver Spruce's Capex To Revenue and Cash Per Share is 0.03. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Silver Spruce Resources, assuming nothing else is changed. The correlation between historical values of Silver Spruce's Capex To Revenue and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Silver Spruce Resources are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Capex To Revenue i.e., Silver Spruce's Capex To Revenue and Cash Per Share go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Cash Per Share

Most indicators from Silver Spruce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver Spruce 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 Spruce 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 Spruce's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.2 M in 2024.

Silver Spruce fundamental ratios Correlations

0.29-0.120.780.74-0.19-0.14-0.020.380.730.390.21-0.150.120.350.1-0.220.40.23-0.370.18-0.210.630.220.220.23
0.290.71-0.090.530.7-0.08-0.2-0.340.53-0.34-0.3-0.3-0.120.410.160.42-0.321.00.20.11-0.22-0.080.220.220.97
-0.120.71-0.660.220.69-0.21-0.08-0.470.22-0.47-0.4-0.310.20.170.320.92-0.460.720.770.21-0.18-0.70.130.130.67
0.78-0.09-0.660.43-0.45-0.010.060.50.430.510.340.13-0.150.2-0.17-0.780.52-0.14-0.80.010.010.93-0.01-0.01-0.1
0.740.530.220.430.460.090.16-0.331.0-0.33-0.31-0.430.390.050.440.06-0.320.46-0.220.08-0.230.210.220.220.4
-0.190.70.69-0.450.460.220.04-0.90.46-0.9-0.6-0.450.16-0.070.390.5-0.890.70.29-0.1-0.19-0.480.190.190.62
-0.14-0.08-0.21-0.010.090.22-0.23-0.330.09-0.33-0.04-0.480.08-0.180.02-0.15-0.31-0.09-0.27-0.86-0.160.120.110.11-0.15
-0.02-0.2-0.080.060.160.04-0.23-0.250.17-0.24-0.130.030.6-0.490.29-0.13-0.25-0.24-0.280.370.14-0.09-0.04-0.04-0.27
0.38-0.34-0.470.5-0.33-0.9-0.33-0.25-0.341.00.640.42-0.340.36-0.45-0.380.99-0.33-0.220.160.080.57-0.1-0.1-0.23
0.730.530.220.431.00.460.090.17-0.34-0.34-0.31-0.430.390.040.450.06-0.330.46-0.220.07-0.220.210.220.220.4
0.39-0.34-0.470.51-0.33-0.9-0.33-0.241.0-0.340.640.42-0.340.36-0.45-0.390.99-0.33-0.220.160.080.57-0.1-0.1-0.23
0.21-0.3-0.40.34-0.31-0.6-0.04-0.130.64-0.310.640.28-0.370.2-0.51-0.340.69-0.3-0.14-0.15-0.120.460.110.11-0.23
-0.15-0.3-0.310.13-0.43-0.45-0.480.030.42-0.430.420.28-0.54-0.12-0.64-0.30.42-0.26-0.010.290.70.14-0.69-0.69-0.1
0.12-0.120.2-0.150.390.160.080.6-0.340.39-0.34-0.37-0.54-0.450.710.34-0.36-0.180.030.12-0.23-0.330.230.23-0.29
0.350.410.170.20.05-0.07-0.18-0.490.360.040.360.2-0.12-0.45-0.150.010.40.420.090.09-0.290.310.280.280.43
0.10.160.32-0.170.440.390.020.29-0.450.45-0.45-0.51-0.640.71-0.150.35-0.470.120.060.18-0.28-0.310.280.280.0
-0.220.420.92-0.780.060.5-0.15-0.13-0.380.06-0.39-0.34-0.30.340.010.35-0.390.440.890.15-0.15-0.830.110.110.38
0.4-0.32-0.460.52-0.32-0.89-0.31-0.250.99-0.330.990.690.42-0.360.4-0.47-0.39-0.31-0.210.120.070.59-0.12-0.12-0.22
0.231.00.72-0.140.460.7-0.09-0.24-0.330.46-0.33-0.3-0.26-0.180.420.120.44-0.310.240.11-0.2-0.110.20.20.98
-0.370.20.77-0.8-0.220.29-0.27-0.28-0.22-0.22-0.22-0.14-0.010.030.090.060.89-0.210.240.18-0.02-0.82-0.02-0.020.22
0.180.110.210.010.08-0.1-0.860.370.160.070.16-0.150.290.120.090.180.150.120.110.180.31-0.15-0.02-0.020.14
-0.21-0.22-0.180.01-0.23-0.19-0.160.140.08-0.220.08-0.120.7-0.23-0.29-0.28-0.150.07-0.2-0.020.31-0.02-0.83-0.83-0.1
0.63-0.08-0.70.930.21-0.480.12-0.090.570.210.570.460.14-0.330.31-0.31-0.830.59-0.11-0.82-0.15-0.020.020.02-0.06
0.220.220.13-0.010.220.190.11-0.04-0.10.22-0.10.11-0.690.230.280.280.11-0.120.2-0.02-0.02-0.830.021.00.1
0.220.220.13-0.010.220.190.11-0.04-0.10.22-0.10.11-0.690.230.280.280.11-0.120.2-0.02-0.02-0.830.021.00.1
0.230.970.67-0.10.40.62-0.15-0.27-0.230.4-0.23-0.23-0.1-0.290.430.00.38-0.220.980.220.14-0.1-0.060.10.1
Click cells to compare fundamentals

Silver Spruce Account Relationship Matchups

Silver Spruce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4M1.5M385.2K410.7K369.6K351.2K
Short Long Term Debt Total27.6K41.2K22.0K1.7K2.0K1.9K
Total Current Liabilities84.2K289.8K352.9K213.5K245.5K421.8K
Total Stockholder Equity1.3M1.2M30.6K197.3K177.5K168.7K
Net Debt(1.2M)(1.1M)(199.9K)(375.8K)(432.2K)(453.8K)
Retained Earnings(40.6M)(42.9M)(44.5M)(45.5M)(41.0M)(38.9M)
Accounts Payable224.4K45.9K223.1K263.5K303.0K205.4K
Cash1.3M1.2M221.9K377.6K339.8K438.7K
Cash And Short Term Investments1.3M1.2M221.9K377.6K339.8K444.6K
Net Receivables61.8K202.2K121.4K29.5K26.6K25.2K
Common Stock Shares Outstanding108.7M163.1M191.1M249.5M286.9M301.2M
Liabilities And Stockholders Equity1.4M1.5M385.2K410.7K369.6K351.2K
Other Current Assets86.8K51.8K20.9K2.0K1.8K1.7K
Other Stockholder Equity444.9K1.3M1.8M1.7M1.9M1.9M
Total Liab111.8K311.8K354.6K213.5K245.5K475.3K
Total Current Assets1.4M1.4M364.3K409.1K368.2K603.9K
Other Current Liab84.2K270.6K332.7K211.7K243.5K350.9K
Accumulated Other Comprehensive Income8.8M9.0M9.3M11.6M13.3M7.4M
Net Tangible Assets(398.5K)1.3M1.2M30.6K35.2K36.9K
Common Stock31.8M33.3M33.5M34.2M39.3M33.4M
Net Invested Capital1.3M1.2M30.6K197.3K177.5K168.7K
Net Working Capital1.3M1.1M11.3K195.6K225.0K236.2K
Capital Stock31.8M33.3M33.5M34.2M39.3M35.4M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Silver Stock Analysis

When running Silver Spruce's price analysis, check to measure Silver Spruce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Silver Spruce is operating at the current time. Most of Silver Spruce's value examination focuses on studying past and present price action to predict the probability of Silver Spruce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Spruce's price. Additionally, you may evaluate how the addition of Silver Spruce to your portfolios can decrease your overall portfolio volatility.