Ssr Other Assets vs Common Stock 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 Other Assets and its Common Stock 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.

Other Assets vs Common Stock

Other Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ssr Mining Other Assets account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ssr Mining's Other Assets and Common Stock is 0.88. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Common Stock 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 Other Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Ssr Mining are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Assets i.e., Ssr Mining's Other Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Other Assets

Common Stock

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 Profit574.9M358.6M408.8M429.2M
Total Revenue1.5B1.1B1.4B1.5B

Ssr Mining fundamental ratios Correlations

0.940.650.940.91-0.660.610.620.730.910.890.690.710.920.950.86-0.290.940.960.920.780.590.490.0-0.340.86
0.940.61.00.99-0.620.690.60.681.00.950.630.640.960.960.91-0.260.970.930.980.750.60.420.02-0.420.91
0.650.60.630.54-0.70.430.650.810.550.520.780.580.540.550.55-0.220.660.740.520.810.540.680.43-0.270.72
0.941.00.630.99-0.650.730.630.710.990.940.660.640.940.950.91-0.230.960.940.970.760.610.450.07-0.410.92
0.910.990.540.99-0.550.690.580.621.00.950.550.620.950.970.91-0.270.950.890.990.690.570.36-0.03-0.460.89
-0.66-0.62-0.7-0.65-0.55-0.44-0.27-0.94-0.56-0.56-0.89-0.55-0.59-0.51-0.480.37-0.65-0.8-0.58-0.76-0.48-0.48-0.250.41-0.69
0.610.690.430.730.69-0.440.570.360.710.720.330.560.470.580.70.030.510.560.710.280.410.30.32-0.210.58
0.620.60.650.630.58-0.270.570.470.590.520.520.210.550.60.670.250.60.60.530.620.550.50.280.090.68
0.730.680.810.710.62-0.940.360.470.620.60.970.480.70.610.56-0.30.760.870.620.930.590.630.21-0.340.83
0.911.00.550.991.0-0.560.710.590.620.950.550.620.940.960.91-0.250.940.890.990.690.570.37-0.01-0.440.9
0.890.950.520.940.95-0.560.720.520.60.950.530.670.880.890.93-0.350.890.850.970.650.560.41-0.11-0.440.85
0.690.630.780.660.55-0.890.330.520.970.550.530.430.660.530.5-0.110.720.840.540.920.60.720.28-0.10.77
0.710.640.580.640.62-0.550.560.210.480.620.670.430.530.630.58-0.450.60.670.640.420.40.430.11-0.360.48
0.920.960.540.940.95-0.590.470.550.70.940.880.660.530.950.85-0.270.990.930.920.810.590.41-0.11-0.380.9
0.950.960.550.950.97-0.510.580.60.610.960.890.530.630.950.89-0.310.950.890.940.710.530.33-0.08-0.470.86
0.860.910.550.910.91-0.480.70.670.560.910.930.50.580.850.89-0.350.860.820.910.650.750.37-0.21-0.40.84
-0.29-0.26-0.22-0.23-0.270.370.030.25-0.3-0.25-0.35-0.11-0.45-0.27-0.31-0.35-0.28-0.27-0.32-0.22-0.270.130.560.79-0.25
0.940.970.660.960.95-0.650.510.60.760.940.890.720.60.990.950.86-0.280.960.920.860.610.48-0.02-0.390.92
0.960.930.740.940.89-0.80.560.60.870.890.850.840.670.930.890.82-0.270.960.880.890.640.570.1-0.340.9
0.920.980.520.970.99-0.580.710.530.620.990.970.540.640.920.940.91-0.320.920.880.670.540.34-0.06-0.480.88
0.780.750.810.760.69-0.760.280.620.930.690.650.920.420.810.710.65-0.220.860.890.670.630.680.12-0.270.89
0.590.60.540.610.57-0.480.410.550.590.570.560.60.40.590.530.75-0.270.610.640.540.630.5-0.21-0.110.69
0.490.420.680.450.36-0.480.30.50.630.370.410.720.430.410.330.370.130.480.570.340.680.50.350.190.53
0.00.020.430.07-0.03-0.250.320.280.21-0.01-0.110.280.11-0.11-0.08-0.210.56-0.020.1-0.060.12-0.210.350.230.04
-0.34-0.42-0.27-0.41-0.460.41-0.210.09-0.34-0.44-0.44-0.1-0.36-0.38-0.47-0.40.79-0.39-0.34-0.48-0.27-0.110.190.23-0.41
0.860.910.720.920.89-0.690.580.680.830.90.850.770.480.90.860.84-0.250.920.90.880.890.690.530.04-0.41
Click cells to compare fundamentals

Ssr Mining Account Relationship Matchups

Ssr Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding135.4M163.7M228.2M222.5M204.7M214.9M
Total Assets1.8B5.2B5.2B5.3B5.4B5.7B
Total Current Liabilities234.2M248.9M283.9M279.3M170.6M98.2M
Total Stockholder Equity1.1B3.4B3.5B3.6B3.4B3.5B
Property Plant And Equipment Net769.5M3.6B3.2B3.5B3.9B4.1B
Net Debt(219.6M)(347.3M)(529.9M)(248.9M)(171.7M)(163.1M)
Retained Earnings(76.0M)58.5M397.7M521.8M368.1M386.5M
Accounts Payable33.6M42.9M34.8M78.9M37.1M20.2M
Cash503.6M860.6M1.0B655.5M492.4M264.1M
Non Current Assets Total850.4M3.8B3.6B3.9B4.2B4.4B
Non Currrent Assets Other30.1M192.4M298.2M276.7M287.8M302.2M
Cash And Short Term Investments570.1M887.4M1.1B695.7M513.3M312.1M
Net Receivables71.8M38.5M86.1M62.6M91.3M95.9M
Liabilities And Stockholders Equity1.8B5.2B5.2B5.3B5.4B5.7B
Non Current Liabilities Total382.0M1.1B875.0M849.2M911.0M956.5M
Inventory237.6M437.4M389.4M501.6M515.1M540.9M
Other Current Assets4.7M60.9M66.8M116.5M76.7M80.5M
Total Liab616.2M1.3B1.2B1.1B1.1B1.1B
Total Current Assets899.7M1.4B1.6B1.4B1.2B1.3B
Other Assets31.2M216.9M299.1M260.6M299.7M314.7M
Short Long Term Debt Total293.0M513.4M487.6M406.6M320.7M190.6M
Other Current Liab3.5M120.0M110.7M176.3M110.1M55.7M
Short Term Debt114.3M76.5M86.2M7.6M7.0M6.7M
Short Term Investments66.5M26.7M40.4M40.3M20.9M19.9M
Common Stock1.1B3.2B3.1B3.1B3.0B1.5B
Long Term Debt175.4M319.6M295.5M226.5M227.5M263.2M
Long Term Debt Total178.7M436.7M401.5M328.9M378.3M310.0M
Property Plant Equipment769.5M3.5B3.3B3.6B4.1B4.3B
Other Liab208.9M597.2M468.1M503.3M578.8M368.2M
Net Tangible Assets1.1B3.3B3.5B3.5B4.1B2.2B
Net Invested Capital1.4B3.8B3.9B3.8B3.6B3.0B
Net Working Capital665.5M1.2B1.3B1.1B1.0B1.0B
Capital Stock1.1B3.2B3.1B3.1B3.0B2.7B

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Additional Tools for Ssr Stock Analysis

When running Ssr Mining's price analysis, check to measure Ssr Mining'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 Ssr Mining is operating at the current time. Most of Ssr Mining's value examination focuses on studying past and present price action to predict the probability of Ssr Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ssr Mining's price. Additionally, you may evaluate how the addition of Ssr Mining to your portfolios can decrease your overall portfolio volatility.