Silver Retained Earnings vs Net Invested Capital Analysis

SVG Stock

CAD 0.07 0.01 12.50%

Silver Grail financial indicator trend analysis is much more than just breaking down Silver Grail Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver Grail Resources is a good investment. Please check the relationship between Silver Grail Retained Earnings and its Net Invested Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Grail 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.

Retained Earnings vs Net Invested Capital

Retained Earnings vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Grail Resources Retained Earnings account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Silver Grail's Retained Earnings and Net Invested Capital is 0.55. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Silver Grail Resources, assuming nothing else is changed. The correlation between historical values of Silver Grail's Retained Earnings and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Silver Grail Resources are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Retained Earnings i.e., Silver Grail's Retained Earnings and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Silver Grail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver Grail 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 Grail 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.

Selling General Administrative is likely to drop to about 22.8 K in 2024. Issuance Of Capital Stock is likely to drop to about 159.7 K in 2024

Silver Grail fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Cash	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net
Total Assets		0.7	0.82	0.82	0.83	0.47	0.89	-0.48	-0.29	0.89	-0.6	0.7	0.9	-0.21	0.9	-0.56	0.95	-0.26	0.63	0.66	-0.06	-0.58	0.56	0.04	-0.51	0.64
Total Current Liabilities	0.7		0.18	0.18	0.88	0.73	0.78	-0.62	-0.65	0.79	-0.8	1.0	0.82	-0.76	0.82	-0.86	0.85	-0.76	0.98	0.67	-0.15	-0.94	0.24	-0.4	-0.74	0.62
Total Stockholder Equity	0.82	0.18		1.0	0.41	0.07	0.62	-0.19	0.09	0.62	-0.2	0.18	0.58	0.29	0.58	-0.1	0.64	0.23	0.08	0.35	0.01	-0.06	0.54	0.37	-0.06	0.35
Net Tangible Assets	0.82	0.18	1.0		0.41	0.07	0.62	-0.19	0.09	0.62	-0.2	0.18	0.58	0.29	0.58	-0.1	0.64	0.23	0.08	0.35	0.01	-0.05	0.54	0.37	-0.05	0.34
Retained Earnings	0.83	0.88	0.41	0.41		0.6	0.73	-0.56	-0.39	0.75	-0.83	0.88	0.83	-0.48	0.83	-0.85	0.88	-0.53	0.86	0.87	0.04	-0.88	0.55	-0.26	-0.89	0.86
Accounts Payable	0.47	0.73	0.07	0.07	0.6		0.51	-0.48	-0.59	0.52	-0.59	0.73	0.55	-0.47	0.55	-0.64	0.56	-0.46	0.78	0.48	-0.33	-0.63	0.32	-0.04	-0.45	0.42
Other Assets	0.89	0.78	0.62	0.62	0.73	0.51		-0.43	-0.5	1.0	-0.49	0.78	0.97	-0.51	0.97	-0.55	0.94	-0.53	0.69	0.4	-0.23	-0.6	0.16	-0.17	-0.41	0.35
Net Receivables	-0.48	-0.62	-0.19	-0.19	-0.56	-0.48	-0.43		0.29	-0.43	0.6	-0.62	-0.44	0.26	-0.44	0.54	-0.51	0.21	-0.6	-0.47	-0.1	0.58	-0.28	0.1	0.44	-0.45
Short Term Investments	-0.29	-0.65	0.09	0.09	-0.39	-0.59	-0.5	0.29		-0.49	0.3	-0.65	-0.47	0.72	-0.47	0.4	-0.46	0.64	-0.61	-0.24	0.81	0.55	0.0	0.14	0.21	-0.12
Other Current Assets	0.89	0.79	0.62	0.62	0.75	0.52	1.0	-0.43	-0.49		-0.54	0.79	0.98	-0.52	0.98	-0.61	0.95	-0.55	0.71	0.43	-0.22	-0.63	0.17	-0.19	-0.45	0.38
Other Stockholder Equity	-0.6	-0.8	-0.2	-0.2	-0.83	-0.59	-0.49	0.6	0.3	-0.54		-0.8	-0.6	0.48	-0.6	0.95	-0.72	0.54	-0.81	-0.82	-0.09	0.91	-0.45	0.3	0.79	-0.78
Total Liab	0.7	1.0	0.18	0.18	0.88	0.73	0.78	-0.62	-0.65	0.79	-0.8		0.82	-0.76	0.82	-0.86	0.85	-0.76	0.98	0.67	-0.15	-0.94	0.24	-0.4	-0.74	0.62
Short Long Term Debt	0.9	0.82	0.58	0.58	0.83	0.55	0.97	-0.44	-0.47	0.98	-0.6	0.82		-0.52	1.0	-0.67	0.95	-0.56	0.74	0.51	-0.17	-0.68	0.24	-0.22	-0.57	0.47
Total Current Assets	-0.21	-0.76	0.29	0.29	-0.48	-0.47	-0.51	0.26	0.72	-0.52	0.48	-0.76	-0.52		-0.52	0.67	-0.5	0.98	-0.75	-0.27	0.3	0.75	0.32	0.72	0.5	-0.2
Short Term Debt	0.9	0.82	0.58	0.58	0.83	0.55	0.97	-0.44	-0.47	0.98	-0.6	0.82	1.0	-0.52		-0.67	0.95	-0.56	0.74	0.51	-0.17	-0.68	0.24	-0.22	-0.57	0.47
Common Stock	-0.56	-0.86	-0.1	-0.1	-0.85	-0.64	-0.55	0.54	0.4	-0.61	0.95	-0.86	-0.67	0.67	-0.67		-0.74	0.73	-0.87	-0.77	-0.03	0.95	-0.3	0.48	0.85	-0.73
Property Plant Equipment	0.95	0.85	0.64	0.64	0.88	0.56	0.94	-0.51	-0.46	0.95	-0.72	0.85	0.95	-0.5	0.95	-0.74		-0.54	0.79	0.68	-0.14	-0.76	0.4	-0.19	-0.61	0.63
Cash	-0.26	-0.76	0.23	0.23	-0.53	-0.46	-0.53	0.21	0.64	-0.55	0.54	-0.76	-0.56	0.98	-0.56	0.73	-0.54		-0.76	-0.33	0.22	0.78	0.26	0.73	0.57	-0.28
Other Current Liab	0.63	0.98	0.08	0.08	0.86	0.78	0.69	-0.6	-0.61	0.71	-0.81	0.98	0.74	-0.75	0.74	-0.87	0.79	-0.76		0.69	-0.09	-0.94	0.24	-0.43	-0.77	0.64
Non Current Assets Total	0.66	0.67	0.35	0.35	0.87	0.48	0.4	-0.47	-0.24	0.43	-0.82	0.67	0.51	-0.27	0.51	-0.77	0.68	-0.33	0.69		0.1	-0.78	0.77	-0.14	-0.82	0.99
Non Currrent Assets Other	-0.06	-0.15	0.01	0.01	0.04	-0.33	-0.23	-0.1	0.81	-0.22	-0.09	-0.15	-0.17	0.3	-0.17	-0.03	-0.14	0.22	-0.09	0.1		0.05	0.01	-0.26	-0.26	0.22
Common Stock Shares Outstanding	-0.58	-0.94	-0.06	-0.05	-0.88	-0.63	-0.6	0.58	0.55	-0.63	0.91	-0.94	-0.68	0.75	-0.68	0.95	-0.76	0.78	-0.94	-0.78	0.05		-0.3	0.47	0.85	-0.74
Net Invested Capital	0.56	0.24	0.54	0.54	0.55	0.32	0.16	-0.28	0.0	0.17	-0.45	0.24	0.24	0.32	0.24	-0.3	0.4	0.26	0.24	0.77	0.01	-0.3		0.51	-0.39	0.77
Net Working Capital	0.04	-0.4	0.37	0.37	-0.26	-0.04	-0.17	0.1	0.14	-0.19	0.3	-0.4	-0.22	0.72	-0.22	0.48	-0.19	0.73	-0.43	-0.14	-0.26	0.47	0.51		0.52	-0.15
Capital Stock	-0.51	-0.74	-0.06	-0.05	-0.89	-0.45	-0.41	0.44	0.21	-0.45	0.79	-0.74	-0.57	0.5	-0.57	0.85	-0.61	0.57	-0.77	-0.82	-0.26	0.85	-0.39	0.52		-0.85
Property Plant And Equipment Net	0.64	0.62	0.35	0.34	0.86	0.42	0.35	-0.45	-0.12	0.38	-0.78	0.62	0.47	-0.2	0.47	-0.73	0.63	-0.28	0.64	0.99	0.22	-0.74	0.77	-0.15	-0.85

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Silver Grail Account Relationship Matchups

Silver Grail fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1M	1.5M	837.6K	826.2K	926.0K	899.1K
Total Current Liabilities	133.9K	19.7K	23.9K	43.3K	26.9K	25.6K
Total Stockholder Equity	967.7K	1.5M	813.7K	783.0K	899.1K	1.0M
Net Tangible Assets	967.7K	1.5M	813.7K	783.0K	900.4K	1.0M
Retained Earnings	(6.9M)	(6.8M)	(7.7M)	(7.7M)	(7.9M)	(8.3M)
Accounts Payable	16.1K	19.4K	14.4K	17.8K	12.4K	14.6K
Net Receivables	6.9K	5.0K	16.5K	893.0	6.6K	5.0K
Short Term Investments	29.1K	56.4K	49.0K	39.0K	29.4K	42.3K
Total Liab	133.9K	19.7K	23.9K	43.3K	26.9K	25.6K
Total Current Assets	97.0K	427.4K	135.3K	187.8K	224.1K	160.3K
Property Plant Equipment	1.0M	1.1M	699.8K	635.9K	572.3K	802.2K
Cash	61.0K	286.9K	65.7K	144.7K	184.8K	112.7K
Other Current Liab	123.7K	117.7K	246.0	9.5K	8.6K	8.1K
Non Current Assets Total	1.0M	1.1M	702.3K	638.4K	701.9K	706.7K
Common Stock Shares Outstanding	28.4M	32.5M	33.1M	33.6M	36.6M	33.2M
Net Invested Capital	967.7K	1.5M	813.7K	783.0K	899.1K	795.6K
Net Working Capital	(36.9K)	407.7K	111.4K	144.6K	197.2K	143.9K
Capital Stock	7.0M	7.4M	7.5M	7.6M	7.9M	8.1M

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