Silvercorp Common Stock vs Net Debt Analysis

SVM Stock

CAD 4.79 0.08 1.70%

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

To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.

Common Stock vs Net Debt

Common Stock vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silvercorp Metals Common Stock account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Silvercorp Metals' Common Stock and Net Debt is -0.62. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of Silvercorp Metals, assuming nothing else is changed. The correlation between historical values of Silvercorp Metals' Common Stock 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 Common Stock of Silvercorp Metals 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 Common Stock i.e., Silvercorp Metals' Common Stock and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Common Stock

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 Silvercorp Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silvercorp Metals 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 Silvercorp Metals. 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.

To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.At this time, Silvercorp Metals' Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.12, while Tax Provision is likely to drop about 16.1 M.

	2023	2024 (projected)
Research Development	3.3M	3.0M
Total Revenue	215.2M	169.0M

Research Development Total Revenue

Silvercorp Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant And Equipment Net	Accounts Payable	Non Current Liabilities Total	Property Plant And Equipment Gross	Inventory	Other Current Assets	Short Term Investments	Current Deferred Revenue
Total Assets		0.11	0.82	0.99	-0.74	0.72	0.7	0.98	0.63	0.78	0.93	0.43	0.84	0.81	0.1	0.85	0.94	0.83	0.93	0.74	0.76	0.72	0.66	0.78	0.7	-0.2
Other Current Liab	0.11		0.38	0.11	-0.09	-0.11	0.07	0.16	-0.29	-0.29	-0.03	0.38	0.3	0.36	0.67	0.09	0.0	0.3	0.35	0.03	-0.14	-0.09	0.07	0.44	-0.19	0.66
Total Current Liabilities	0.82	0.38		0.78	-0.55	0.4	0.52	0.87	0.26	0.53	0.64	0.27	0.88	0.87	0.13	0.9	0.67	0.87	0.91	0.74	0.71	0.51	0.7	0.83	0.35	0.08
Total Stockholder Equity	0.99	0.11	0.78		-0.75	0.76	0.72	0.98	0.63	0.74	0.93	0.47	0.8	0.77	0.14	0.79	0.94	0.8	0.93	0.72	0.69	0.72	0.6	0.76	0.69	-0.18
Net Debt	-0.74	-0.09	-0.55	-0.75		-0.9	-1.0	-0.67	-0.44	-0.53	-0.81	-0.37	-0.59	-0.55	-0.12	-0.58	-0.8	-0.62	-0.63	-0.84	-0.54	-0.93	-0.3	-0.55	-0.45	0.28
Retained Earnings	0.72	-0.11	0.4	0.76	-0.9		0.91	0.65	0.52	0.54	0.79	0.36	0.46	0.42	0.04	0.43	0.78	0.49	0.59	0.76	0.41	0.9	0.24	0.39	0.6	-0.32
Cash	0.7	0.07	0.52	0.72	-1.0	0.91		0.64	0.42	0.51	0.78	0.36	0.57	0.53	0.09	0.55	0.77	0.6	0.6	0.85	0.52	0.94	0.29	0.51	0.44	-0.28
Non Current Assets Total	0.98	0.16	0.87	0.98	-0.67	0.65	0.64		0.54	0.73	0.86	0.38	0.88	0.85	0.07	0.86	0.87	0.86	0.97	0.73	0.74	0.66	0.67	0.84	0.61	-0.14
Non Currrent Assets Other	0.63	-0.29	0.26	0.63	-0.44	0.52	0.42	0.54		0.84	0.77	0.45	0.43	0.44	-0.01	0.49	0.77	0.47	0.38	0.41	0.59	0.42	0.59	0.17	0.86	-0.59
Other Assets	0.78	-0.29	0.53	0.74	-0.53	0.54	0.51	0.73	0.84		0.82	0.19	0.68	0.64	-0.28	0.8	0.82	0.68	0.56	0.63	0.89	0.55	0.73	0.45	0.78	-0.59
Cash And Short Term Investments	0.93	-0.03	0.64	0.93	-0.81	0.79	0.78	0.86	0.77	0.82		0.46	0.66	0.63	0.11	0.75	1.0	0.68	0.76	0.7	0.73	0.78	0.56	0.56	0.81	-0.32
Net Receivables	0.43	0.38	0.27	0.47	-0.37	0.36	0.36	0.38	0.45	0.19	0.46		0.3	0.32	0.79	0.13	0.5	0.31	0.41	0.12	0.02	0.2	0.2	0.28	0.37	0.26
Common Stock Total Equity	0.84	0.3	0.88	0.8	-0.59	0.46	0.57	0.88	0.43	0.68	0.66	0.3		0.99	0.0	0.89	0.69	0.99	0.87	0.76	0.78	0.52	0.79	0.85	0.42	-0.13
Common Stock Shares Outstanding	0.81	0.36	0.87	0.77	-0.55	0.42	0.53	0.85	0.44	0.64	0.63	0.32	0.99		0.04	0.86	0.66	0.99	0.85	0.74	0.75	0.48	0.82	0.82	0.44	-0.11
Other Stockholder Equity	0.1	0.67	0.13	0.14	-0.12	0.04	0.09	0.07	-0.01	-0.28	0.11	0.79	0.0	0.04		-0.13	0.14	0.0	0.19	-0.15	-0.31	-0.08	-0.11	0.15	-0.02	0.58
Total Liab	0.85	0.09	0.9	0.79	-0.58	0.43	0.55	0.86	0.49	0.8	0.75	0.13	0.89	0.86	-0.13		0.76	0.88	0.8	0.78	0.95	0.58	0.83	0.74	0.52	-0.24
Total Current Assets	0.94	0.0	0.67	0.94	-0.8	0.78	0.77	0.87	0.77	0.82	1.0	0.5	0.69	0.66	0.14	0.76		0.7	0.78	0.7	0.73	0.76	0.59	0.58	0.8	-0.29
Common Stock	0.83	0.3	0.87	0.8	-0.62	0.49	0.6	0.86	0.47	0.68	0.68	0.31	0.99	0.99	0.0	0.88	0.7		0.86	0.79	0.78	0.57	0.8	0.82	0.48	-0.16
Property Plant And Equipment Net	0.93	0.35	0.91	0.93	-0.63	0.59	0.6	0.97	0.38	0.56	0.76	0.41	0.87	0.85	0.19	0.8	0.78	0.86		0.69	0.62	0.6	0.61	0.87	0.49	0.06
Accounts Payable	0.74	0.03	0.74	0.72	-0.84	0.76	0.85	0.73	0.41	0.63	0.7	0.12	0.76	0.74	-0.15	0.78	0.7	0.79	0.69		0.72	0.87	0.59	0.61	0.46	-0.37
Non Current Liabilities Total	0.76	-0.14	0.71	0.69	-0.54	0.41	0.52	0.74	0.59	0.89	0.73	0.02	0.78	0.75	-0.31	0.95	0.73	0.78	0.62	0.72		0.57	0.81	0.58	0.58	-0.45
Property Plant And Equipment Gross	0.72	-0.09	0.51	0.72	-0.93	0.9	0.94	0.66	0.42	0.55	0.78	0.2	0.52	0.48	-0.08	0.58	0.76	0.57	0.6	0.87	0.57		0.29	0.5	0.52	-0.35
Inventory	0.66	0.07	0.7	0.6	-0.3	0.24	0.29	0.67	0.59	0.73	0.56	0.2	0.79	0.82	-0.11	0.83	0.59	0.8	0.61	0.59	0.81	0.29		0.49	0.59	-0.29
Other Current Assets	0.78	0.44	0.83	0.76	-0.55	0.39	0.51	0.84	0.17	0.45	0.56	0.28	0.85	0.82	0.15	0.74	0.58	0.82	0.87	0.61	0.58	0.5	0.49		0.18	0.02
Short Term Investments	0.7	-0.19	0.35	0.69	-0.45	0.6	0.44	0.61	0.86	0.78	0.81	0.37	0.42	0.44	-0.02	0.52	0.8	0.48	0.49	0.46	0.58	0.52	0.59	0.18		-0.36
Current Deferred Revenue	-0.2	0.66	0.08	-0.18	0.28	-0.32	-0.28	-0.14	-0.59	-0.59	-0.32	0.26	-0.13	-0.11	0.58	-0.24	-0.29	-0.16	0.06	-0.37	-0.45	-0.35	-0.29	0.02	-0.36

Click cells to compare fundamentals

Silvercorp Metals Account Relationship Matchups

Silvercorp Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	512.8M	652.6M	723.5M	676.8M	702.8M	381.7M
Other Current Liab	3.2M	4.9M	5.4M	4.1M	4.2M	7.1M
Total Current Liabilities	27.8M	37.2M	46.0M	41.2M	47.2M	28.5M
Total Stockholder Equity	368.7M	467.6M	512.4M	489.1M	507.3M	275.0M
Net Debt	(63.7M)	(117.0M)	(112.0M)	(145.1M)	(151.6M)	(144.0M)
Retained Earnings	145.9M	187.9M	213.7M	229.9M	261.8M	274.9M
Cash	65.8M	118.7M	113.3M	145.7M	152.9M	160.6M
Non Current Assets Total	354.6M	431.5M	491.2M	457.8M	500.9M	265.8M
Non Currrent Assets Other	9.2M	8.5M	9.9M	7.9M	4.4M	4.4M
Other Assets	10.0M	9.1M	10.8M	8.0M	9.2M	4.7M
Cash And Short Term Investments	142.5M	199.1M	212.9M	203.3M	184.9M	104.1M
Net Receivables	4.0M	7.5M	4.8M	2.5M	2.9M	3.0M
Common Stock Shares Outstanding	174.1M	177.1M	178.3M	179.0M	179.1M	157.8M
Liabilities And Stockholders Equity	512.8M	652.6M	723.5M	676.8M	702.8M	381.7M
Total Liab	73.8M	86.9M	103.4M	97.0M	105.8M	58.5M
Total Current Assets	158.2M	221.2M	232.3M	219.0M	201.9M	115.9M
Common Stock	243.9M	250.2M	255.4M	255.7M	258.4M	230.0M
Property Plant And Equipment Net	238.8M	294.6M	346.2M	328.1M	347.5M	209.1M
Accounts Payable	23.1M	30.3M	39.7M	36.7M	41.8M	43.9M
Non Current Liabilities Total	46.0M	49.7M	57.4M	55.7M	58.7M	31.3M
Property Plant And Equipment Gross	238.8M	594.8M	676.4M	680.0M	709.1M	744.5M
Inventory	8.4M	9.8M	9.1M	8.3M	7.4M	6.4M
Other Current Assets	3.3M	4.8M	5.5M	4.9M	6.7M	3.5M
Accumulated Other Comprehensive Income	(21.1M)	29.5M	43.3M	3.5M	(12.9M)	(12.3M)
Short Term Investments	76.7M	80.4M	99.6M	57.6M	31.9M	41.4M
Current Deferred Revenue	937K	1.4M	277K	144K	921K	875.0K
Short Long Term Debt Total	2.1M	1.7M	1.3M	583K	1.3M	2.0M
Short Term Debt	567K	657K	649K	269K	213K	202.4K
Intangible Assets	52.5M	58.6M	59.7M	55.3M	51.3M	59.5M
Other Liab	48.0M	44.5M	48.7M	56.8M	65.3M	48.2M
Net Tangible Assets	347.4M	368.7M	467.6M	512.4M	589.3M	380.2M
Long Term Investments	53.3M	69.2M	74.6M	66.2M	95.7M	100.5M
Property Plant Equipment	291.3M	353.2M	405.9M	383.5M	441.0M	357.6M
Long Term Debt Total	1.5M	1.1M	614K	314K	361.1K	552.2K
Cash And Equivalents	526K	7.5M	40.5M	94.8M	109.0M	114.5M
Net Invested Capital	368.7M	467.6M	512.4M	489.1M	507.3M	475.5M

Pair Trading with Silvercorp Metals

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 Silvercorp Metals 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 Silvercorp Metals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Silvercorp Stock

0.81	AG	First Majestic Silver	Pair Corr
0.68	IE	Ivanhoe Energy	Pair Corr
0.62	ORE	Orezone Gold Corp	Pair Corr
0.67	FDY	Faraday Copper Corp	Pair Corr

Moving against Silvercorp Stock

0.32

BRK

Berkshire Hathaway CDR

Pair Corr

The ability to find closely correlated positions to Silvercorp Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silvercorp Metals 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 Silvercorp Metals - 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 Silvercorp Metals to buy it.

The correlation of Silvercorp Metals 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 Silvercorp Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silvercorp Metals 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 Silvercorp Metals 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.

Pair Correlation Correlation Matching

When determining whether Silvercorp Metals is a strong investment it is important to analyze Silvercorp Metals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Silvercorp Metals' future performance. For an informed investment choice regarding Silvercorp Stock, refer to the following important reports:

How To Invest In Silvercorp

Details

Is Silvercorp Stock a good investment?

Details

What is Silvercorp Metals' Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silvercorp Metals. 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.

To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.

You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Please note, there is a significant difference between Silvercorp Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silvercorp Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silvercorp Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Silvercorp Common Stock vs Net Debt Analysis

Common Stock vs Net Debt

Common Stock vs Net Debt Correlation Analysis

Correlation Coefficient

Common Stock

Net Debt

Silvercorp Metals fundamental ratios Correlations

Silvercorp Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Silvercorp Metals fundamental ratios Accounts

Pair Trading with Silvercorp Metals

Moving together with Silvercorp Stock

Moving against Silvercorp Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Stockholder Equity	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.99	Common Stock Total Equity
Common Stock	+ 0.99	Common Stock Total Equity
Common Stock	+ 0.99	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.98	Total Assets

Cash	- 1.0	Net Debt
Property Plant And Equipment Gross	- 0.93	Net Debt
Retained Earnings	- 0.9	Net Debt
Accounts Payable	- 0.84	Net Debt
Cash And Short Term Investments	- 0.81	Net Debt
Total Current Assets	- 0.8	Net Debt