| SSVR Stock | | | CAD 0.28 0.01 3.70% |
Summa Silver financial indicator trend analysis is much more than just breaking down Summa Silver Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Summa Silver Corp is a good investment. Please check the relationship between Summa Silver Capital Stock and its Total Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Summa Silver Corp. 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.
Capital Stock vs Total Current Assets
Capital Stock vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Summa Silver Corp Capital Stock account and
Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Summa Silver's Capital Stock and Total Current Assets is 0.78. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Summa Silver Corp, assuming nothing else is changed. The correlation between historical values of Summa Silver's Capital Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Summa Silver Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Stock i.e., Summa Silver's Capital Stock and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Summa Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Summa Silver Corp 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 Summa Silver Corp. 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.
Selling General Administrative is likely to drop to about 2.7
M in 2024.
Issuance Of Capital Stock is likely to drop to about 9.3
M in 2024
Summa Silver fundamental ratios Correlations
Click cells to compare fundamentals
Summa Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Summa Silver fundamental ratios Accounts
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Additional Tools for Summa Stock Analysis
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