Silvercorp Total Current Assets vs Cash Analysis
SVM Stock | USD 3.29 0.03 0.92% |
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 Total Current Assets and its Cash 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.
Total Current Assets vs Cash
Total Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silvercorp Metals Total Current Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Silvercorp Metals' Total Current Assets and Cash is 0.77. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash 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' Total Current Assets and Cash 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 Current Assets of Silvercorp Metals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., Silvercorp Metals' Total Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Cash
Cash refers to the most liquid asset of Silvercorp Metals, which is listed under current asset account on Silvercorp Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Silvercorp Metals customers. The amounts must be unrestricted with restricted cash listed in a different Silvercorp Metals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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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Try AI Portfolio ArchitectCheck 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.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.