Silver Total Stockholder Equity vs Total Liab 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 Total Stockholder Equity and its Total Liab 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.
Total Stockholder Equity vs Total Liab
Total Stockholder Equity vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Bull Resources Total Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Silver Bull's Total Stockholder Equity and Total Liab is 0.58. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Liab 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 Total Stockholder Equity and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Silver Bull Resources are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Stockholder Equity i.e., Silver Bull's Total Stockholder Equity and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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.