Silver Property Plant And Equipment Net vs Net Debt Analysis
SVB Stock | CAD 0.13 0.00 0.00% |
Silver Bull financial indicator trend analysis is much more than just breaking down Silver Bull Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver Bull Resources is a good investment. Please check the relationship between Silver Bull Property Plant And Equipment Net and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Bull Resources. 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.
Property Plant And Equipment Net vs Net Debt
Property Plant And Equipment Net vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Bull Resources Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Silver Bull's Property Plant And Equipment Net and Net Debt is -0.77. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt in the same time period over historical financial statements of Silver Bull Resources, assuming nothing else is changed. The correlation between historical values of Silver Bull's Property Plant And Equipment Net and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Silver Bull Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Silver Bull's Property Plant And Equipment Net and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Silver Bull's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver Bull Resources 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 Silver Bull Resources. 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. At this time, Silver Bull's Discontinued Operations is very stable compared to the past year. As of the 2nd of December 2024, Tax Provision is likely to grow to 2,677, while Selling General Administrative is likely to drop about 729.9 K.
2021 | 2023 | 2024 (projected) | Other Operating Expenses | 1.4M | 1.5M | 1.4M | Interest Expense | 5.7K | 6.6K | 6.2K |
Silver Bull fundamental ratios Correlations
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Silver Bull Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silver Bull fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.0M | 8.9M | 6.3M | 6.5M | 7.5M | 13.3M | |
Other Current Liab | 383.7K | 324.5K | 182.6K | 258.6K | 297.4K | 437.7K | |
Total Current Liabilities | 887.8K | 791.3K | 342.2K | 822.3K | 945.7K | 708.0K | |
Total Stockholder Equity | 9.1M | 8.1M | 5.9M | 5.6M | 6.4M | 12.6M | |
Non Current Assets Total | 7.3M | 7.2M | 5.3M | 5.2M | 6.0M | 10.3M | |
Common Stock Shares Outstanding | 29.6M | 33.9M | 34.9M | 35.5M | 40.8M | 42.9M | |
Liabilities And Stockholders Equity | 10.0M | 8.9M | 6.3M | 6.5M | 7.5M | 13.3M | |
Other Current Assets | 229.6K | 196.2K | 49.5K | 248.3K | 285.5K | 303.6K | |
Other Stockholder Equity | 138.6M | 139.8M | 140.8M | 141.6M | 162.8M | 83.5M | |
Total Liab | 917.8K | 839.8K | 386.2K | 900.4K | 1.0M | 716.9K | |
Total Current Assets | 2.7M | 1.7M | 962.3K | 1.3M | 1.4M | 1.4M | |
Property Plant And Equipment Net | 239.8K | 164.1K | 143.6K | 130.9K | 117.8K | 112.0K | |
Net Debt | (1.8M) | (141.2K) | (842.8K) | (965.3K) | (868.7K) | (912.2K) | |
Retained Earnings | (132.0M) | (134.2M) | (137.4M) | (138.6M) | (124.8M) | (118.5M) | |
Accounts Payable | 499.1K | 465.9K | 159.6K | 517.5K | 595.1K | 624.9K | |
Cash | 1.9M | 189.6K | 886.7K | 1.0M | 1.2M | 2.0M | |
Cash And Short Term Investments | 1.9M | 1.4M | 886.7K | 1.0M | 1.2M | 1.1M | |
Net Receivables | 594.8K | 128.1K | 26.0K | 203.6K | 234.2K | 226.9K | |
Non Current Liabilities Total | 30.0K | 48.5K | 44.0K | 78.1K | 89.8K | 85.3K | |
Property Plant And Equipment Gross | 201.5K | 226.4K | 239.8K | 836.2K | 752.6K | 715.0K | |
Common Stock | 2.4M | 2.4M | 2.4M | 2.5M | 2.9M | 3.1M | |
Net Tangible Assets | 6.5M | 7.0M | 6.0M | 5.9M | 5.3M | 5.4M | |
Property Plant Equipment | 5.2M | 5.3M | 5.2M | 5.2M | 4.6M | 4.3M | |
Capital Surpluse | 135.9M | 138.6M | 139.8M | 140.8M | 161.9M | 146.8M | |
Cash And Equivalents | 1.4M | 1.9M | 189.6K | 886.7K | 798.1K | 1.1M | |
Net Invested Capital | 9.1M | 8.1M | 5.9M | 5.6M | 5.1M | 6.2M | |
Net Working Capital | 1.8M | 889.4K | 620.1K | 434.4K | 391K | 371.5K | |
Capital Stock | 2.4M | 2.4M | 2.4M | 2.5M | 2.9M | 2.7M |
Pair Trading with Silver Bull
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Silver Bull position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Silver Bull will appreciate offsetting losses from the drop in the long position's value.Moving against Silver Stock
0.7 | IE | Ivanhoe Energy | PairCorr |
0.67 | AG | First Majestic Silver | PairCorr |
0.67 | FDY | Faraday Copper Corp | PairCorr |
0.36 | SBIO | Sabio Holdings | PairCorr |
The ability to find closely correlated positions to Silver Bull could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silver Bull when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Silver Bull - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Silver Bull Resources to buy it.
The correlation of Silver Bull is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Silver Bull moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silver Bull Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Silver Bull can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Silver Stock
Balance Sheet is a snapshot of the financial position of Silver Bull Resources at a specified time, usually calculated after every quarter, six months, or one year. Silver Bull Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Silver Bull and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Silver currently owns. An asset can also be divided into two categories, current and non-current.