| USAS Stock | | | USD 0.38 0.01 2.70% |
Americas Silver financial indicator trend analysis is way more than just evaluating Americas Silver Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Americas Silver Corp is a good investment. Please check the relationship between Americas Silver Net Income and its Gross Profit accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Americas Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Net Income vs Gross Profit
Net Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Americas Silver Corp Net Income account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Americas Silver's Net Income and Gross Profit is 0.88. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Americas Silver Corp, assuming nothing else is changed. The correlation between historical values of Americas Silver's Net Income and Gross Profit 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 Income of Americas Silver Corp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Americas Silver's Net Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Americas Silver Corp financial statement analysis. It represents the amount of money remaining after all of Americas Silver Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Americas Silver Corp minus its cost of goods sold. It is profit before Americas Silver operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Americas Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Americas Silver Corp 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 Americas Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, Americas Silver's
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 82.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 6.4
M in 2024.
Americas Silver fundamental ratios Correlations
Click cells to compare fundamentals
Americas Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Americas Silver fundamental ratios Accounts
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Additional Tools for Americas Stock Analysis
When running Americas Silver's price analysis, check to
measure Americas Silver'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 Americas Silver is operating at the current time. Most of Americas Silver's value examination focuses on studying past and present price action to
predict the probability of Americas Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Americas Silver's price. Additionally, you may evaluate how the addition of Americas Silver to your portfolios can decrease your overall portfolio volatility.