Silvercorp Intangible Assets vs Accounts Payable Analysis
SVM Stock | USD 3.26 0.06 1.81% |
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 Intangible Assets and its Accounts Payable 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 real. To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.
Intangible Assets vs Accounts Payable
Intangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silvercorp Metals Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Silvercorp Metals' Intangible Assets and Accounts Payable is 0.68. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable 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' Intangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Silvercorp Metals are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Intangible Assets i.e., Silvercorp Metals' Intangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Accounts Payable
An accounting item on the balance sheet that represents Silvercorp Metals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Silvercorp Metals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 real. 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 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.12, while Tax Provision is likely to drop about 15.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 5.0M | 4.6M | 6.2M | 3.9M | Tax Provision | 13.8M | 14.0M | 20.3M | 15.9M |
Silvercorp Metals fundamental ratios Correlations
Click cells to compare fundamentals
Silvercorp Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 7.0M | |
Total Current Liabilities | 27.8M | 37.2M | 46.0M | 41.2M | 47.1M | 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 | 516.6M | 266.6M | |
Non Currrent Assets Other | 9.2M | 8.5M | 9.9M | 7.9M | 22.2M | 23.3M | |
Cash And Short Term Investments | 142.5M | 199.1M | 212.9M | 203.3M | 184.9M | 104.1M | |
Net Receivables | 4.0M | 1.8M | 4.8M | 2.5M | 2.9M | 2.8M | |
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 | |
Other Stockholder Equity | (415.2M) | (463.5M) | (495.0M) | (511.4M) | (460.3M) | (437.2M) | |
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 | 195.0M | |
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 | |
Other Current Assets | 3.3M | 10.6M | 5.5M | 4.9M | 6.7M | 3.8M | |
Property Plant And Equipment Gross | 291.3M | 294.6M | 676.4M | 680.0M | 709.1M | 744.5M | |
Accumulated Other Comprehensive Income | (21.1M) | 29.5M | 43.3M | 3.5M | (12.9M) | (12.3M) | |
Other Liab | 48.0M | 44.5M | 48.7M | 56.8M | 65.3M | 68.6M | |
Net Tangible Assets | 347.4M | 368.7M | 467.6M | 512.4M | 589.3M | 618.7M | |
Other Assets | 10.0M | 9.1M | 10.8M | 8.0M | (15.7M) | (14.9M) | |
Common Stock Total Equity | 228.7M | 231.3M | 243.9M | 250.2M | 287.7M | 302.1M | |
Short Term Investments | 76.7M | 80.4M | 99.6M | 57.6M | 31.9M | 41.4M | |
Inventory | 8.4M | 9.8M | 9.1M | 8.3M | 7.4M | 6.9M | |
Long Term Investments | 53.3M | 69.2M | 74.6M | 66.2M | 95.7M | 100.5M | |
Short Term Debt | 567K | 657K | 649K | 269K | 213K | 202.4K | |
Intangible Assets | 52.5M | 58.6M | 59.7M | 55.3M | 51.3M | 48.7M | |
Property Plant Equipment | 291.3M | 353.2M | 405.9M | 383.5M | 441.0M | 254.2M | |
Short Long Term Debt Total | 2.1M | 1.7M | 1.3M | 583K | 1.3M | 1.2M | |
Current Deferred Revenue | 937K | 1.4M | 277K | 144K | 920.1K | 1.8M | |
Long Term Debt Total | 1.5M | 1.1M | 614K | 314K | 361.1K | 552.2K |
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Silvercorp Metals. If investors know Silvercorp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Silvercorp Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.45 | Dividend Share 0.013 | Earnings Share 0.29 | Revenue Per Share 1.313 | Quarterly Revenue Growth 0.26 |
The market value of Silvercorp Metals is measured differently than its book value, which is the value of Silvercorp that is recorded on the company's balance sheet. Investors also form their own opinion of Silvercorp Metals' value that differs from its market value or its book value, called intrinsic value, which is Silvercorp Metals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Silvercorp Metals' market value can be influenced by many factors that don't directly affect Silvercorp Metals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.