Ssr Cash vs Inventory Analysis

SSR Stock

9.11 0.41 4.71%

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

For more information on how to buy Ssr Stock please use our How to Invest in Ssr Mining guide.

Cash vs Inventory

Cash vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ssr Mining Cash account and Inventory. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ssr Mining's Cash and Inventory is 0.61. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Inventory in the same time period over historical financial statements of Ssr Mining, assuming nothing else is changed. The correlation between historical values of Ssr Mining's Cash and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Ssr Mining are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash i.e., Ssr Mining's Cash and Inventory go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

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Cash

Cash refers to the most liquid asset of Ssr Mining, which is listed under current asset account on Ssr Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ssr Mining customers. The amounts must be unrestricted with restricted cash listed in a different Ssr Mining account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Inventory

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

For more information on how to buy Ssr Stock please use our How to Invest in Ssr Mining guide.Selling General Administrative is likely to drop to about 34.6 M in 2024. Tax Provision is likely to gain to about (78.4 M) in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	574.9M	358.6M	408.8M	429.2M
Total Revenue	1.5B	1.1B	1.4B	1.5B

Gross Profit Total Revenue

Ssr Mining fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Assets	Short Long Term Debt Total	Other Current Liab	Current Deferred Revenue	Short Term Debt	Short Term Investments	Common Stock
Common Stock Shares Outstanding		0.94	0.65	0.94	0.91	-0.66	0.61	0.62	0.73	0.91	0.89	0.69	0.71	0.92	0.95	0.86	-0.29	0.94	0.96	0.92	0.78	0.59	0.49	0.0	-0.34	0.86
Total Assets	0.94		0.6	1.0	0.99	-0.62	0.69	0.6	0.68	1.0	0.95	0.63	0.64	0.96	0.96	0.91	-0.26	0.97	0.93	0.98	0.75	0.6	0.42	0.02	-0.42	0.91
Total Current Liabilities	0.65	0.6		0.63	0.54	-0.7	0.43	0.65	0.81	0.55	0.52	0.78	0.58	0.54	0.55	0.55	-0.22	0.66	0.74	0.52	0.81	0.54	0.68	0.43	-0.27	0.72
Total Stockholder Equity	0.94	1.0	0.63		0.99	-0.65	0.73	0.63	0.71	0.99	0.94	0.66	0.64	0.94	0.95	0.91	-0.23	0.96	0.94	0.97	0.76	0.61	0.45	0.07	-0.41	0.92
Property Plant And Equipment Net	0.91	0.99	0.54	0.99		-0.55	0.69	0.58	0.62	1.0	0.95	0.55	0.62	0.95	0.97	0.91	-0.27	0.95	0.89	0.99	0.69	0.57	0.36	-0.03	-0.46	0.89
Net Debt	-0.66	-0.62	-0.7	-0.65	-0.55		-0.44	-0.27	-0.94	-0.56	-0.56	-0.89	-0.55	-0.59	-0.51	-0.48	0.37	-0.65	-0.8	-0.58	-0.76	-0.48	-0.48	-0.25	0.41	-0.69
Retained Earnings	0.61	0.69	0.43	0.73	0.69	-0.44		0.57	0.36	0.71	0.72	0.33	0.56	0.47	0.58	0.7	0.03	0.51	0.56	0.71	0.28	0.41	0.3	0.32	-0.21	0.58
Accounts Payable	0.62	0.6	0.65	0.63	0.58	-0.27	0.57		0.47	0.59	0.52	0.52	0.21	0.55	0.6	0.67	0.25	0.6	0.6	0.53	0.62	0.55	0.5	0.28	0.09	0.68
Cash	0.73	0.68	0.81	0.71	0.62	-0.94	0.36	0.47		0.62	0.6	0.97	0.48	0.7	0.61	0.56	-0.3	0.76	0.87	0.62	0.93	0.59	0.63	0.21	-0.34	0.83
Non Current Assets Total	0.91	1.0	0.55	0.99	1.0	-0.56	0.71	0.59	0.62		0.95	0.55	0.62	0.94	0.96	0.91	-0.25	0.94	0.89	0.99	0.69	0.57	0.37	-0.01	-0.44	0.9
Non Currrent Assets Other	0.89	0.95	0.52	0.94	0.95	-0.56	0.72	0.52	0.6	0.95		0.53	0.67	0.88	0.89	0.93	-0.35	0.89	0.85	0.97	0.65	0.56	0.41	-0.11	-0.44	0.85
Cash And Short Term Investments	0.69	0.63	0.78	0.66	0.55	-0.89	0.33	0.52	0.97	0.55	0.53		0.43	0.66	0.53	0.5	-0.11	0.72	0.84	0.54	0.92	0.6	0.72	0.28	-0.1	0.77
Net Receivables	0.71	0.64	0.58	0.64	0.62	-0.55	0.56	0.21	0.48	0.62	0.67	0.43		0.53	0.63	0.58	-0.45	0.6	0.67	0.64	0.42	0.4	0.43	0.11	-0.36	0.48
Non Current Liabilities Total	0.92	0.96	0.54	0.94	0.95	-0.59	0.47	0.55	0.7	0.94	0.88	0.66	0.53		0.95	0.85	-0.27	0.99	0.93	0.92	0.81	0.59	0.41	-0.11	-0.38	0.9
Inventory	0.95	0.96	0.55	0.95	0.97	-0.51	0.58	0.6	0.61	0.96	0.89	0.53	0.63	0.95		0.89	-0.31	0.95	0.89	0.94	0.71	0.53	0.33	-0.08	-0.47	0.86
Other Current Assets	0.86	0.91	0.55	0.91	0.91	-0.48	0.7	0.67	0.56	0.91	0.93	0.5	0.58	0.85	0.89		-0.35	0.86	0.82	0.91	0.65	0.75	0.37	-0.21	-0.4	0.84
Other Stockholder Equity	-0.29	-0.26	-0.22	-0.23	-0.27	0.37	0.03	0.25	-0.3	-0.25	-0.35	-0.11	-0.45	-0.27	-0.31	-0.35		-0.28	-0.27	-0.32	-0.22	-0.27	0.13	0.56	0.79	-0.25
Total Liab	0.94	0.97	0.66	0.96	0.95	-0.65	0.51	0.6	0.76	0.94	0.89	0.72	0.6	0.99	0.95	0.86	-0.28		0.96	0.92	0.86	0.61	0.48	-0.02	-0.39	0.92
Total Current Assets	0.96	0.93	0.74	0.94	0.89	-0.8	0.56	0.6	0.87	0.89	0.85	0.84	0.67	0.93	0.89	0.82	-0.27	0.96		0.88	0.89	0.64	0.57	0.1	-0.34	0.9
Other Assets	0.92	0.98	0.52	0.97	0.99	-0.58	0.71	0.53	0.62	0.99	0.97	0.54	0.64	0.92	0.94	0.91	-0.32	0.92	0.88		0.67	0.54	0.34	-0.06	-0.48	0.88
Short Long Term Debt Total	0.78	0.75	0.81	0.76	0.69	-0.76	0.28	0.62	0.93	0.69	0.65	0.92	0.42	0.81	0.71	0.65	-0.22	0.86	0.89	0.67		0.63	0.68	0.12	-0.27	0.89
Other Current Liab	0.59	0.6	0.54	0.61	0.57	-0.48	0.41	0.55	0.59	0.57	0.56	0.6	0.4	0.59	0.53	0.75	-0.27	0.61	0.64	0.54	0.63		0.5	-0.21	-0.11	0.69
Current Deferred Revenue	0.49	0.42	0.68	0.45	0.36	-0.48	0.3	0.5	0.63	0.37	0.41	0.72	0.43	0.41	0.33	0.37	0.13	0.48	0.57	0.34	0.68	0.5		0.35	0.19	0.53
Short Term Debt	0.0	0.02	0.43	0.07	-0.03	-0.25	0.32	0.28	0.21	-0.01	-0.11	0.28	0.11	-0.11	-0.08	-0.21	0.56	-0.02	0.1	-0.06	0.12	-0.21	0.35		0.23	0.04
Short Term Investments	-0.34	-0.42	-0.27	-0.41	-0.46	0.41	-0.21	0.09	-0.34	-0.44	-0.44	-0.1	-0.36	-0.38	-0.47	-0.4	0.79	-0.39	-0.34	-0.48	-0.27	-0.11	0.19	0.23		-0.41
Common Stock	0.86	0.91	0.72	0.92	0.89	-0.69	0.58	0.68	0.83	0.9	0.85	0.77	0.48	0.9	0.86	0.84	-0.25	0.92	0.9	0.88	0.89	0.69	0.53	0.04	-0.41

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Ssr Mining Account Relationship Matchups

Ssr Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	135.4M	163.7M	228.2M	222.5M	204.7M	214.9M
Total Assets	1.8B	5.2B	5.2B	5.3B	5.4B	5.7B
Total Current Liabilities	234.2M	248.9M	283.9M	279.3M	170.6M	98.2M
Total Stockholder Equity	1.1B	3.4B	3.5B	3.6B	3.4B	3.5B
Property Plant And Equipment Net	769.5M	3.6B	3.2B	3.5B	3.9B	4.1B
Net Debt	(219.6M)	(347.3M)	(529.9M)	(248.9M)	(171.7M)	(163.1M)
Retained Earnings	(76.0M)	58.5M	397.7M	521.8M	368.1M	386.5M
Accounts Payable	33.6M	42.9M	34.8M	78.9M	37.1M	20.2M
Cash	503.6M	860.6M	1.0B	655.5M	492.4M	264.1M
Non Current Assets Total	850.4M	3.8B	3.6B	3.9B	4.2B	4.4B
Non Currrent Assets Other	30.1M	192.4M	298.2M	276.7M	287.8M	302.2M
Cash And Short Term Investments	570.1M	887.4M	1.1B	695.7M	513.3M	312.1M
Net Receivables	71.8M	38.5M	86.1M	62.6M	91.3M	95.9M
Liabilities And Stockholders Equity	1.8B	5.2B	5.2B	5.3B	5.4B	5.7B
Non Current Liabilities Total	382.0M	1.1B	875.0M	849.2M	911.0M	956.5M
Inventory	237.6M	437.4M	389.4M	501.6M	515.1M	540.9M
Other Current Assets	4.7M	60.9M	66.8M	116.5M	76.7M	80.5M
Total Liab	616.2M	1.3B	1.2B	1.1B	1.1B	1.1B
Total Current Assets	899.7M	1.4B	1.6B	1.4B	1.2B	1.3B
Other Assets	31.2M	216.9M	299.1M	260.6M	299.7M	314.7M
Short Long Term Debt Total	293.0M	513.4M	487.6M	406.6M	320.7M	190.6M
Other Current Liab	3.5M	120.0M	110.7M	176.3M	110.1M	55.7M
Short Term Debt	114.3M	76.5M	86.2M	7.6M	7.0M	6.7M
Short Term Investments	66.5M	26.7M	40.4M	40.3M	20.9M	19.9M
Common Stock	1.1B	3.2B	3.1B	3.1B	3.0B	1.5B
Long Term Debt	175.4M	319.6M	295.5M	226.5M	227.5M	263.2M
Long Term Debt Total	178.7M	436.7M	401.5M	328.9M	378.3M	310.0M
Property Plant Equipment	769.5M	3.5B	3.3B	3.6B	4.1B	4.3B
Other Liab	208.9M	597.2M	468.1M	503.3M	578.8M	368.2M
Net Tangible Assets	1.1B	3.3B	3.5B	3.5B	4.1B	2.2B
Net Invested Capital	1.4B	3.8B	3.9B	3.8B	3.6B	3.0B
Net Working Capital	665.5M	1.2B	1.3B	1.1B	1.0B	1.0B
Capital Stock	1.1B	3.2B	3.1B	3.1B	3.0B	2.7B

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