SSR Price To Sales Ratio vs Average Payables Analysis

SSRM Stock

USD 5.81 0.05 0.87%

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 Price To Sales Ratio and its Average Payables 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 metropolitan statistical area.

To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.

Price To Sales Ratio vs Average Payables

Price To Sales Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SSR Mining Price To Sales Ratio account and Average Payables. At this time, the significance of the direction appears to have pay attention.

The correlation between SSR Mining's Price To Sales Ratio and Average Payables is -0.98. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Average Payables 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 Price To Sales Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of SSR Mining are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Price To Sales Ratio i.e., SSR Mining's Price To Sales Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.98

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing SSR Mining stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on SSR Mining sales, a figure that is much harder to manipulate than other SSR Mining multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

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 metropolitan statistical area.

To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.At this time, SSR Mining's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Tax Provision is likely to grow to about 16.5 M, while Issuance Of Capital Stock is likely to drop 0.00.

	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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Accounts Payable	Non Currrent Assets Other	Non Current Liabilities Total	Inventory	Other Assets	Short Long Term Debt Total	Other Liab
Total Assets		0.71	0.59	1.0	0.99	-0.62	0.69	0.68	1.0	0.62	0.79	1.0	0.94	0.48	0.35	0.97	0.98	0.93	1.0	0.6	0.95	0.96	0.96	0.6	0.76	0.97
Other Current Liab	0.71		0.47	0.72	0.69	-0.47	0.49	0.53	0.69	0.53	0.53	0.7	0.7	0.65	0.19	0.7	0.68	0.7	0.72	0.5	0.7	0.69	0.66	0.55	0.59	0.65
Total Current Liabilities	0.59	0.47		0.62	0.53	-0.7	0.41	0.81	0.54	0.79	0.43	0.54	0.62	0.52	0.46	0.65	0.49	0.73	0.61	0.65	0.5	0.53	0.54	0.74	0.81	0.52
Total Stockholder Equity	1.0	0.72	0.62		0.99	-0.65	0.73	0.71	0.99	0.65	0.77	0.99	0.94	0.51	0.39	0.96	0.97	0.94	0.99	0.63	0.95	0.94	0.95	0.64	0.77	0.96
Property Plant And Equipment Net	0.99	0.69	0.53	0.99		-0.56	0.69	0.62	1.0	0.54	0.79	0.99	0.92	0.46	0.29	0.95	0.99	0.89	0.99	0.57	0.96	0.95	0.97	0.55	0.71	0.97
Net Debt	-0.62	-0.47	-0.7	-0.65	-0.56		-0.44	-0.94	-0.56	-0.89	-0.46	-0.59	-0.66	-0.32	-0.61	-0.65	-0.51	-0.8	-0.64	-0.27	-0.58	-0.59	-0.52	-0.74	-0.77	-0.58
Retained Earnings	0.69	0.49	0.41	0.73	0.69	-0.44		0.35	0.71	0.33	0.56	0.65	0.62	0.53	0.4	0.51	0.72	0.56	0.64	0.56	0.74	0.47	0.58	0.47	0.29	0.54
Cash	0.68	0.53	0.81	0.71	0.62	-0.94	0.35		0.62	0.97	0.42	0.65	0.72	0.41	0.58	0.76	0.56	0.87	0.72	0.47	0.6	0.7	0.6	0.83	0.93	0.66
Non Current Assets Total	1.0	0.69	0.54	0.99	1.0	-0.56	0.71	0.62		0.55	0.79	0.99	0.92	0.47	0.31	0.94	0.99	0.89	0.99	0.58	0.96	0.94	0.96	0.55	0.71	0.97
Cash And Short Term Investments	0.62	0.53	0.79	0.65	0.54	-0.89	0.33	0.97	0.55		0.34	0.59	0.68	0.39	0.61	0.71	0.48	0.84	0.66	0.52	0.54	0.65	0.53	0.82	0.91	0.59
Net Receivables	0.79	0.53	0.43	0.77	0.79	-0.46	0.56	0.42	0.79	0.34		0.81	0.75	0.11	0.08	0.73	0.81	0.71	0.76	0.2	0.78	0.71	0.78	0.13	0.45	0.76
Common Stock Total Equity	1.0	0.7	0.54	0.99	0.99	-0.59	0.65	0.65	0.99	0.59	0.81		0.94	0.43	0.31	0.97	0.98	0.92	0.99	0.55	0.95	0.97	0.97	0.54	0.74	0.98
Common Stock Shares Outstanding	0.94	0.7	0.62	0.94	0.92	-0.66	0.62	0.72	0.92	0.68	0.75	0.94		0.54	0.43	0.94	0.92	0.96	0.95	0.61	0.9	0.92	0.95	0.61	0.79	0.92
Other Current Assets	0.48	0.65	0.52	0.51	0.46	-0.32	0.53	0.41	0.47	0.39	0.11	0.43	0.54		0.29	0.45	0.49	0.49	0.48	0.74	0.53	0.4	0.47	0.69	0.46	0.39
Other Stockholder Equity	0.35	0.19	0.46	0.39	0.29	-0.61	0.4	0.58	0.31	0.61	0.08	0.31	0.43	0.29		0.33	0.31	0.47	0.36	0.26	0.41	0.28	0.21	0.71	0.47	0.23
Total Liab	0.97	0.7	0.65	0.96	0.95	-0.65	0.51	0.76	0.94	0.71	0.73	0.97	0.94	0.45	0.33		0.91	0.96	0.98	0.6	0.89	0.99	0.95	0.63	0.87	0.97
Property Plant And Equipment Gross	0.98	0.68	0.49	0.97	0.99	-0.51	0.72	0.56	0.99	0.48	0.81	0.98	0.92	0.49	0.31	0.91		0.86	0.96	0.55	0.97	0.92	0.96	0.5	0.64	0.95
Total Current Assets	0.93	0.7	0.73	0.94	0.89	-0.8	0.56	0.87	0.89	0.84	0.71	0.92	0.96	0.49	0.47	0.96	0.86		0.95	0.6	0.86	0.93	0.89	0.71	0.9	0.91
Common Stock	1.0	0.72	0.61	0.99	0.99	-0.64	0.64	0.72	0.99	0.66	0.76	0.99	0.95	0.48	0.36	0.98	0.96	0.95		0.6	0.94	0.97	0.96	0.63	0.81	0.98
Accounts Payable	0.6	0.5	0.65	0.63	0.57	-0.27	0.56	0.47	0.58	0.52	0.2	0.55	0.61	0.74	0.26	0.6	0.55	0.6	0.6		0.52	0.55	0.59	0.65	0.62	0.53
Non Currrent Assets Other	0.95	0.7	0.5	0.95	0.96	-0.58	0.74	0.6	0.96	0.54	0.78	0.95	0.9	0.53	0.41	0.89	0.97	0.86	0.94	0.52		0.88	0.89	0.58	0.66	0.89
Non Current Liabilities Total	0.96	0.69	0.53	0.94	0.95	-0.59	0.47	0.7	0.94	0.65	0.71	0.97	0.92	0.4	0.28	0.99	0.92	0.93	0.97	0.55	0.88		0.95	0.57	0.83	0.98
Inventory	0.96	0.66	0.54	0.95	0.97	-0.52	0.58	0.6	0.96	0.53	0.78	0.97	0.95	0.47	0.21	0.95	0.96	0.89	0.96	0.59	0.89	0.95		0.48	0.73	0.97
Other Assets	0.6	0.55	0.74	0.64	0.55	-0.74	0.47	0.83	0.55	0.82	0.13	0.54	0.61	0.69	0.71	0.63	0.5	0.71	0.63	0.65	0.58	0.57	0.48		0.8	0.52
Short Long Term Debt Total	0.76	0.59	0.81	0.77	0.71	-0.77	0.29	0.93	0.71	0.91	0.45	0.74	0.79	0.46	0.47	0.87	0.64	0.9	0.81	0.62	0.66	0.83	0.73	0.8		0.76
Other Liab	0.97	0.65	0.52	0.96	0.97	-0.58	0.54	0.66	0.97	0.59	0.76	0.98	0.92	0.39	0.23	0.97	0.95	0.91	0.98	0.53	0.89	0.98	0.97	0.52	0.76

Click cells to compare fundamentals

SSR Mining Account Relationship Matchups

SSR Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	5.2B	5.2B	5.3B	5.4B	5.7B
Other Current Liab	3.5M	120.4M	110.7M	176.3M	110.1M	115.7M
Total Current Liabilities	234.2M	248.9M	283.9M	279.3M	170.6M	88.5M
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
Cash	503.6M	860.6M	1.0B	655.5M	492.4M	256.9M
Non Current Assets Total	850.4M	3.8B	3.6B	3.9B	4.2B	4.4B
Cash And Short Term Investments	570.1M	887.4M	1.1B	695.7M	513.3M	302.9M
Net Receivables	71.8M	83.2M	86.1M	62.6M	142.2M	149.3M
Common Stock Total Equity	1.1B	3.2B	3.1B	3.1B	3.5B	3.7B
Common Stock Shares Outstanding	122.7M	163.7M	228.2M	222.5M	204.7M	214.9M
Liabilities And Stockholders Equity	1.8B	5.2B	5.2B	5.3B	5.4B	5.7B
Other Current Assets	4.7M	16.2M	66.8M	206.9M	25.8M	20.1M
Total Liab	616.2M	1.3B	1.2B	1.1B	1.1B	1.1B
Property Plant And Equipment Gross	769.5M	3.6B	4.2B	4.7B	5.2B	5.5B
Total Current Assets	899.7M	1.4B	1.6B	1.4B	1.2B	1.3B
Common Stock	1.1B	3.2B	3.1B	3.1B	3.0B	3.2B
Accounts Payable	33.6M	42.9M	34.8M	78.9M	37.1M	19.2M
Non Currrent Assets Other	30.1M	192.4M	298.2M	276.7M	286.6M	300.9M
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 Assets	31.2M	197.0M	306.7M	260.6M	1.0	0.95
Short Long Term Debt Total	293.0M	513.4M	487.6M	406.6M	320.7M	205.1M
Other Liab	208.9M	619.5M	473.6M	503.3M	578.8M	607.7M
Net Tangible Assets	1.1B	3.4B	3.5B	3.6B	4.1B	4.3B
Long Term Debt	169.8M	319.6M	295.5M	226.5M	227.5M	143.1M
Short Term Investments	66.5M	26.7M	40.4M	40.3M	20.9M	19.9M
Property Plant Equipment	769.5M	3.6B	3.2B	3.6B	4.1B	4.3B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether SSR Mining is a strong investment it is important to analyze SSR Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SSR Mining's future performance. For an informed investment choice regarding SSR Stock, refer to the following important reports:

How To Invest In SSR

Details

Is SSR Stock a good investment?

Details

What is SSR Mining's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

View

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 metropolitan statistical area.

To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.

You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SSR Mining. If investors know SSR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SSR Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.29)

Earnings Share

(2.38)

Revenue Per Share

5.423

Quarterly Revenue Growth

(0.33)

Return On Assets

(0.02)

The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

SSR Price To Sales Ratio vs Average Payables Analysis

Price To Sales Ratio vs Average Payables

Price To Sales Ratio vs Average Payables Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Average Payables

SSR Mining fundamental ratios Correlations

SSR Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SSR Mining fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Common Stock Total Equity	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets

Cash	- 0.94	Net Debt
Cash And Short Term Investments	- 0.89	Net Debt
Total Current Assets	- 0.8	Net Debt
Short Long Term Debt Total	- 0.77	Net Debt
Other Assets	- 0.74	Net Debt
Net Debt	- 0.7	Total Current Liabilities