Sovereign Net Debt vs Cash Analysis

SVML Stock

40.50 0.30 0.74%

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

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sovereign Metals Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.

The correlation between Sovereign Metals' Net Debt and Cash is -1.0. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Sovereign Metals, assuming nothing else is changed. The correlation between historical values of Sovereign Metals' Net Debt 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 Net Debt of Sovereign 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 Net Debt i.e., Sovereign Metals' Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-1.0

Relationship Direction	Negative
Relationship Strength	Strong

View All Relationships

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.

Cash

Cash refers to the most liquid asset of Sovereign Metals, which is listed under current asset account on Sovereign Metals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sovereign Metals customers. The amounts must be unrestricted with restricted cash listed in a different Sovereign 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 Sovereign Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sovereign 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 Sovereign 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.

Selling General Administrative is likely to gain to about 3.6 M in 2024. Issuance Of Capital Stock is likely to gain to about 49 M in 2024

	2021	2023	2024 (projected)
Interest Expense	33.1K	29.8K	28.3K
Depreciation And Amortization	104.4K	107.8K	113.1K

Interest Expense Depreciation And Amortization

Sovereign Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Other Stockholder Equity	Net Invested Capital	Net Working Capital	Property Plant Equipment	Capital Stock	Property Plant And Equipment Gross	Non Currrent Assets Other	Other Assets	Short Term Investments
Total Assets		0.69	0.95	1.0	0.19	-0.98	-0.93	0.9	0.98	0.19	0.98	0.9	0.83	0.95	0.98	0.98	0.18	-0.88	0.66	0.86	-0.91	0.85	-0.83	-0.84	-0.84	-0.84
Other Current Liab	0.69		0.82	0.67	-0.08	-0.71	-0.61	0.44	0.72	-0.09	0.72	0.52	0.48	0.82	0.72	0.67	-0.33	-0.64	0.35	0.59	-0.72	0.46	-0.6	-0.8	-0.8	-0.8
Total Current Liabilities	0.95	0.82		0.94	0.17	-0.93	-0.91	0.87	0.93	0.17	0.93	0.82	0.79	1.0	0.93	0.94	0.04	-0.8	0.61	0.83	-0.87	0.76	-0.77	-0.88	-0.88	-0.88
Total Stockholder Equity	1.0	0.67	0.94		0.19	-0.98	-0.93	0.9	0.98	0.19	0.98	0.9	0.83	0.94	0.98	0.97	0.2	-0.88	0.66	0.86	-0.91	0.86	-0.83	-0.83	-0.83	-0.83
Property Plant And Equipment Net	0.19	-0.08	0.17	0.19		0.01	-0.31	0.33	-0.02	1.0	-0.02	0.3	0.36	0.16	-0.02	0.24	0.13	0.0	0.06	0.0	-0.02	0.11	-0.02	0.08	0.08	0.08
Net Debt	-0.98	-0.71	-0.93	-0.98	0.01		0.89	-0.85	-1.0	0.01	-1.0	-0.85	-0.77	-0.93	-1.0	-0.94	-0.14	0.9	-0.68	-0.86	0.94	-0.87	0.83	0.84	0.84	0.84
Retained Earnings	-0.93	-0.61	-0.91	-0.93	-0.31	0.89		-0.91	-0.89	-0.31	-0.89	-0.93	-0.96	-0.9	-0.89	-0.99	-0.29	0.74	-0.7	-0.83	0.81	-0.86	0.71	0.74	0.74	0.74
Accounts Payable	0.9	0.44	0.87	0.9	0.33	-0.85	-0.91		0.85	0.34	0.85	0.84	0.83	0.87	0.85	0.91	0.35	-0.72	0.66	0.8	-0.76	0.81	-0.69	-0.7	-0.7	-0.7
Cash	0.98	0.72	0.93	0.98	-0.02	-1.0	-0.89	0.85		-0.02	1.0	0.85	0.77	0.93	1.0	0.94	0.15	-0.9	0.66	0.87	-0.93	0.85	-0.84	-0.87	-0.87	-0.87
Non Current Assets Total	0.19	-0.09	0.17	0.19	1.0	0.01	-0.31	0.34	-0.02		-0.02	0.3	0.36	0.16	-0.02	0.24	0.15	0.01	0.07	0.01	-0.01	0.11	-0.02	0.08	0.08	0.08
Cash And Short Term Investments	0.98	0.72	0.93	0.98	-0.02	-1.0	-0.89	0.85	1.0	-0.02		0.85	0.77	0.93	1.0	0.94	0.15	-0.9	0.66	0.87	-0.93	0.85	-0.84	-0.87	-0.87	-0.87
Net Receivables	0.9	0.52	0.82	0.9	0.3	-0.85	-0.93	0.84	0.85	0.3	0.85		0.91	0.81	0.85	0.92	0.26	-0.76	0.58	0.72	-0.8	0.81	-0.76	-0.65	-0.65	-0.65
Common Stock Shares Outstanding	0.83	0.48	0.79	0.83	0.36	-0.77	-0.96	0.83	0.77	0.36	0.77	0.91		0.78	0.77	0.92	0.41	-0.6	0.64	0.75	-0.66	0.79	-0.6	-0.62	-0.62	-0.62
Total Liab	0.95	0.82	1.0	0.94	0.16	-0.93	-0.9	0.87	0.93	0.16	0.93	0.81	0.78		0.93	0.94	0.05	-0.8	0.61	0.83	-0.87	0.76	-0.76	-0.88	-0.88	-0.88
Total Current Assets	0.98	0.72	0.93	0.98	-0.02	-1.0	-0.89	0.85	1.0	-0.02	1.0	0.85	0.77	0.93		0.94	0.15	-0.9	0.67	0.87	-0.93	0.85	-0.84	-0.87	-0.87	-0.87
Common Stock	0.98	0.67	0.94	0.97	0.24	-0.94	-0.99	0.91	0.94	0.24	0.94	0.92	0.92	0.94	0.94		0.26	-0.8	0.69	0.87	-0.86	0.86	-0.77	-0.82	-0.82	-0.82
Net Tangible Assets	0.18	-0.33	0.04	0.2	0.13	-0.14	-0.29	0.35	0.15	0.15	0.15	0.26	0.41	0.05	0.15	0.26		0.15	0.55	0.49	0.15	0.39	0.15	-0.15	-0.15	-0.15
Other Stockholder Equity	-0.88	-0.64	-0.8	-0.88	0.0	0.9	0.74	-0.72	-0.9	0.01	-0.9	-0.76	-0.6	-0.8	-0.9	-0.8	0.15		-0.4	-0.61	0.97	-0.71	0.94	0.69	0.69	0.69
Net Invested Capital	0.66	0.35	0.61	0.66	0.06	-0.68	-0.7	0.66	0.66	0.07	0.66	0.58	0.64	0.61	0.67	0.69	0.55	-0.4		0.86	-0.52	0.91	-0.2	-0.52	-0.52	-0.52
Net Working Capital	0.86	0.59	0.83	0.86	0.0	-0.86	-0.83	0.8	0.87	0.01	0.87	0.72	0.75	0.83	0.87	0.87	0.49	-0.61	0.86		-0.67	0.86	-0.52	-0.87	-0.87	-0.87
Property Plant Equipment	-0.91	-0.72	-0.87	-0.91	-0.02	0.94	0.81	-0.76	-0.93	-0.01	-0.93	-0.8	-0.66	-0.87	-0.93	-0.86	0.15	0.97	-0.52	-0.67		-0.79	0.89	0.71	0.71	0.71
Capital Stock	0.85	0.46	0.76	0.86	0.11	-0.87	-0.86	0.81	0.85	0.11	0.85	0.81	0.79	0.76	0.85	0.86	0.39	-0.71	0.91	0.86	-0.79		-0.55	-0.6	-0.6	-0.6
Property Plant And Equipment Gross	-0.83	-0.6	-0.77	-0.83	-0.02	0.83	0.71	-0.69	-0.84	-0.02	-0.84	-0.76	-0.6	-0.76	-0.84	-0.77	0.15	0.94	-0.2	-0.52	0.89	-0.55		0.7	0.7	0.7
Non Currrent Assets Other	-0.84	-0.8	-0.88	-0.83	0.08	0.84	0.74	-0.7	-0.87	0.08	-0.87	-0.65	-0.62	-0.88	-0.87	-0.82	-0.15	0.69	-0.52	-0.87	0.71	-0.6	0.7		1.0	1.0
Other Assets	-0.84	-0.8	-0.88	-0.83	0.08	0.84	0.74	-0.7	-0.87	0.08	-0.87	-0.65	-0.62	-0.88	-0.87	-0.82	-0.15	0.69	-0.52	-0.87	0.71	-0.6	0.7	1.0		1.0
Short Term Investments	-0.84	-0.8	-0.88	-0.83	0.08	0.84	0.74	-0.7	-0.87	0.08	-0.87	-0.65	-0.62	-0.88	-0.87	-0.82	-0.15	0.69	-0.52	-0.87	0.71	-0.6	0.7	1.0	1.0

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Sovereign Metals Account Relationship Matchups

Sovereign Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	1.1M	(178.3K)	(1.0M)	(38.6K)	1.7M	1.8M
Accounts Payable	377.2K	640.1K	1.8M	2.0M	2.5M	2.6M
Common Stock Shares Outstanding	368.2M	398.2M	432.6M	470.9M	563.0M	591.2M
Net Tangible Assets	9.3M	15.1M	25.2M	9.7M	11.1M	14.6M
Non Current Liabilities Total	1.4M	377.2K	640.1K	1.8M	86.4K	82.1K
Other Stockholder Equity	1.3M	1.8M	2.0M	(3.3M)	(3.0M)	(2.8M)
Net Invested Capital	9.3M	15.1M	25.2M	9.7M	34.4M	17.9M
Net Working Capital	2.0M	7.4M	17.5M	4.1M	28.2M	29.6M
Property Plant Equipment	7.3M	7.5M	7.7M	5.6M	5.1M	5.7M
Capital Stock	44.9M	55.3M	78.9M	74.5M	117.8M	75.9M

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Additional Tools for Sovereign Stock Analysis

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Sovereign Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

Sovereign Metals fundamental ratios Correlations

Sovereign Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sovereign Metals fundamental ratios Accounts

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Additional Tools for Sovereign Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments

Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Common Stock	- 0.99	Retained Earnings
Net Debt	- 0.98	Total Stockholder Equity
Net Debt	- 0.98	Total Assets