Silver Short Term Debt vs Common Stock 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 Short Term Debt and its Common Stock 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.
Short Term Debt vs Common Stock
Short Term Debt vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Grail Resources Short Term Debt account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Silver Grail's Short Term Debt and Common Stock is -0.67. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock 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 Short Term Debt 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 Short Term Debt of Silver Grail Resources 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 Short Term Debt i.e., Silver Grail's Short Term Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Short Term Debt
Common Stock
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
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Silver Grail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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When running Silver Grail's price analysis, check to measure Silver Grail'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 Silver Grail is operating at the current time. Most of Silver Grail's value examination focuses on studying past and present price action to predict the probability of Silver Grail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Grail's price. Additionally, you may evaluate how the addition of Silver Grail to your portfolios can decrease your overall portfolio volatility.