Southern Cash vs Common Stock Analysis

SSV Stock  CAD 0.21  0.01  4.55%   
Southern Silver financial indicator trend analysis is much more than just breaking down Southern Silver Expl prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Silver Expl is a good investment. Please check the relationship between Southern Silver Cash and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Silver Exploration. 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.

Cash vs Common Stock

Cash vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Silver Expl Cash account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Southern Silver's Cash and Common Stock is 0.47. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Southern Silver Exploration, assuming nothing else is changed. The correlation between historical values of Southern Silver's Cash 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 Cash of Southern Silver Exploration 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 Cash i.e., Southern Silver's Cash and Common Stock go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Southern Silver Expl, which is listed under current asset account on Southern Silver Exploration balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Southern Silver customers. The amounts must be unrestricted with restricted cash listed in a different Southern Silver 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.

Common Stock

Most indicators from Southern Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Silver Expl 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 Southern Silver Exploration. 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.
Enterprise Value is likely to climb to about 53.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 699.6 K in 2024.

Southern Silver fundamental ratios Correlations

0.421.00.98-0.7-0.80.260.70.99-0.140.7-0.320.940.420.70.930.370.20.740.530.390.530.980.8-0.450.97
0.420.350.39-0.46-0.090.250.460.38-0.110.46-0.140.171.00.450.20.990.06-0.07-0.030.11-0.030.30.210.070.36
1.00.350.98-0.69-0.820.260.690.99-0.140.69-0.330.960.350.690.940.310.20.770.550.40.550.990.8-0.470.97
0.980.390.98-0.56-0.790.30.560.99-0.170.56-0.40.920.390.560.930.340.240.660.580.320.580.980.79-0.551.0
-0.7-0.46-0.69-0.560.41-0.34-1.0-0.580.15-1.00.14-0.56-0.46-1.0-0.47-0.43-0.12-0.780.03-0.340.03-0.58-0.41-0.19-0.51
-0.8-0.09-0.82-0.790.41-0.16-0.41-0.83-0.05-0.410.06-0.9-0.09-0.41-0.94-0.02-0.08-0.58-0.71-0.6-0.71-0.83-0.810.53-0.79
0.260.250.260.3-0.34-0.160.340.23-0.320.34-0.020.070.250.340.180.120.240.36-0.1-0.11-0.10.2-0.080.090.25
0.70.460.690.56-1.0-0.410.340.58-0.151.0-0.140.550.461.00.470.430.110.78-0.030.34-0.030.580.410.20.51
0.990.380.990.99-0.58-0.830.230.58-0.130.58-0.340.950.380.580.950.330.210.670.610.370.610.990.82-0.550.99
-0.14-0.11-0.14-0.170.15-0.05-0.32-0.15-0.13-0.150.21-0.04-0.11-0.15-0.07-0.07-0.11-0.23-0.010.13-0.01-0.140.260.08-0.17
0.70.460.690.56-1.0-0.410.341.00.58-0.15-0.140.550.461.00.470.430.110.78-0.030.34-0.030.580.410.20.51
-0.32-0.14-0.33-0.40.140.06-0.02-0.14-0.340.21-0.14-0.24-0.14-0.12-0.24-0.15-0.2-0.2-0.090.23-0.09-0.34-0.240.22-0.4
0.940.170.960.92-0.56-0.90.070.550.95-0.040.55-0.240.170.560.970.140.120.720.680.490.680.970.87-0.580.93
0.421.00.350.39-0.46-0.090.250.460.38-0.110.46-0.140.170.450.20.990.06-0.07-0.030.11-0.030.30.210.070.36
0.70.450.690.56-1.0-0.410.341.00.58-0.151.0-0.120.560.450.470.420.110.78-0.020.34-0.020.580.410.20.51
0.930.20.940.93-0.47-0.940.180.470.95-0.070.47-0.240.970.20.470.140.160.650.740.480.740.960.85-0.660.94
0.370.990.310.34-0.43-0.020.120.430.33-0.070.43-0.150.140.990.420.140.04-0.12-0.050.1-0.050.260.20.110.31
0.20.060.20.24-0.12-0.080.240.110.21-0.110.11-0.20.120.060.110.160.040.14-0.11-0.43-0.110.180.11-0.090.22
0.74-0.070.770.66-0.78-0.580.360.780.67-0.230.78-0.20.72-0.070.780.65-0.120.140.240.330.240.710.47-0.110.64
0.53-0.030.550.580.03-0.71-0.1-0.030.61-0.01-0.03-0.090.68-0.03-0.020.74-0.05-0.110.240.611.00.660.62-0.730.64
0.390.110.40.32-0.34-0.6-0.110.340.370.130.340.230.490.110.340.480.1-0.430.330.610.610.410.41-0.090.33
0.53-0.030.550.580.03-0.71-0.1-0.030.61-0.01-0.03-0.090.68-0.03-0.020.74-0.05-0.110.241.00.610.660.62-0.730.64
0.980.30.990.98-0.58-0.830.20.580.99-0.140.58-0.340.970.30.580.960.260.180.710.660.410.660.83-0.590.98
0.80.210.80.79-0.41-0.81-0.080.410.820.260.41-0.240.870.210.410.850.20.110.470.620.410.620.83-0.550.8
-0.450.07-0.47-0.55-0.190.530.090.2-0.550.080.20.22-0.580.070.2-0.660.11-0.09-0.11-0.73-0.09-0.73-0.59-0.55-0.61
0.970.360.971.0-0.51-0.790.250.510.99-0.170.51-0.40.930.360.510.940.310.220.640.640.330.640.980.8-0.61
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Southern Silver Account Relationship Matchups

Southern Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.7M41.3M45.7M39.2M35.5M37.3M
Total Current Liabilities337.0K5.5M746.8K487.1K491.2K681.0K
Total Stockholder Equity8.3M35.8M44.9M38.7M35.0M36.8M
Property Plant And Equipment Net318.7K33.5M34.0M34.2M34.5M36.3M
Net Debt(3.6M)(7.8M)(11.3M)(4.7M)(730.5K)(767.0K)
Retained Earnings(37.6M)(37.8M)(46.8M)(52.0M)(53.9M)(51.3M)
Accounts Payable276.6K520.9K714.8K442.9K444.8K408.1K
Cash3.6M7.8M11.3M4.7M730.5K693.9K
Non Current Assets Total4.9M33.5M34.1M34.4M34.7M36.4M
Non Currrent Assets Other38.3K4.5M136.9K145.6K146.9K139.6K
Cash And Short Term Investments3.6M7.8M11.3M4.7M730.5K693.9K
Net Receivables65.4K24.2K32.6K24.2K22.1K21.0K
Common Stock Shares Outstanding120.9M195.4M283.7M291.5M291.5M306.1M
Liabilities And Stockholders Equity8.7M41.3M45.7M39.2M35.5M37.3M
Total Liab337.0K5.5M746.8K487.1K491.2K682.1K
Total Current Assets3.8M7.8M11.6M4.8M843.9K801.7K
Common Stock37.6M43.2M66.4M82.2M94.6M99.3M
Other Current Liab60.4K5.0M32.0K44.2K46.4K44.1K
Other Stockholder Equity2.8M7.2M9.5M8.5M6.7M8.1M
Other Current Assets56.9K41.8K254.0K146.3K91.3K77.4K
Net Tangible Assets8.3M35.8M44.9M38.7M44.5M46.8M
Property Plant Equipment318.7K33.5M34.0M34.2M39.4M41.3M
Net Invested Capital8.3M35.8M44.9M38.7M35.0M24.9M
Net Working Capital3.4M2.3M10.8M4.4M352.7K335.1K

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Additional Tools for Southern Stock Analysis

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