Silver Accounts Payable vs Cash And Short Term Investments Analysis

VIPR Stock  CAD 0.05  0.01  9.09%   
Silver Viper financial indicator trend analysis is much more than just breaking down Silver Viper Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver Viper Minerals is a good investment. Please check the relationship between Silver Viper Accounts Payable and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Viper Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Viper Minerals Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Silver Viper's Accounts Payable and Cash And Short Term Investments is -0.11. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Silver Viper Minerals, assuming nothing else is changed. The correlation between historical values of Silver Viper's Accounts Payable and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Silver Viper Minerals are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Silver Viper's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Silver Viper 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 Silver Viper Minerals 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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Silver Viper Minerals balance sheet. This account contains Silver Viper investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Silver Viper Minerals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Silver Viper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver Viper Minerals 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 Silver Viper Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Issuance Of Capital Stock is likely to climb to about 3.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income5.4K702.019.018.05
Net Interest Income5.4K702.019.018.05

Silver Viper fundamental ratios Correlations

0.490.490.990.9-0.250.14-0.660.51-0.140.690.68-0.140.530.370.660.49-0.120.720.570.220.350.41-0.470.70.66
0.491.00.350.560.130.42-0.740.86-0.420.570.52-0.420.90.090.71.0-0.40.740.210.180.19-0.53-0.830.680.41
0.491.00.350.560.130.42-0.740.86-0.420.570.52-0.420.90.090.71.0-0.40.740.210.180.19-0.53-0.830.680.41
0.990.350.350.87-0.290.07-0.570.39-0.070.640.64-0.070.410.380.580.35-0.050.640.580.210.350.54-0.360.630.64
0.90.560.560.870.130.08-0.650.45-0.080.590.55-0.080.570.260.650.56-0.060.710.630.280.350.27-0.450.680.48
-0.250.130.13-0.290.130.1-0.07-0.24-0.1-0.19-0.27-0.10.110.060.050.13-0.10.160.390.240.06-0.31-0.070.14-0.42
0.140.420.420.070.080.1-0.770.11-1.00.760.75-1.00.370.750.750.42-1.00.670.55-0.020.2-0.17-0.820.730.68
-0.66-0.74-0.74-0.57-0.65-0.07-0.77-0.540.77-0.93-0.890.77-0.75-0.61-0.98-0.740.75-0.96-0.68-0.32-0.470.10.94-0.97-0.78
0.510.860.860.390.45-0.240.11-0.54-0.110.40.38-0.110.87-0.20.510.86-0.090.53-0.110.330.3-0.5-0.620.450.32
-0.14-0.42-0.42-0.07-0.08-0.1-1.00.77-0.11-0.77-0.761.0-0.37-0.75-0.75-0.421.0-0.67-0.550.02-0.20.170.82-0.73-0.68
0.690.570.570.640.59-0.190.76-0.930.4-0.771.0-0.770.560.660.930.57-0.750.830.650.060.350.14-0.840.880.96
0.680.520.520.640.55-0.270.75-0.890.38-0.761.0-0.760.510.670.90.52-0.750.790.610.020.330.18-0.810.850.98
-0.14-0.42-0.42-0.07-0.08-0.1-1.00.77-0.111.0-0.77-0.76-0.37-0.75-0.75-0.421.0-0.67-0.550.02-0.20.170.82-0.73-0.68
0.530.90.90.410.570.110.37-0.750.87-0.370.560.51-0.370.010.740.9-0.340.760.280.480.48-0.54-0.820.690.39
0.370.090.090.380.260.060.75-0.61-0.2-0.750.660.67-0.750.010.580.09-0.750.640.77-0.020.150.44-0.480.710.62
0.660.70.70.580.650.050.75-0.980.51-0.750.930.9-0.750.740.580.7-0.730.920.690.270.39-0.08-0.920.940.8
0.491.01.00.350.560.130.42-0.740.86-0.420.570.52-0.420.90.090.7-0.40.740.210.180.19-0.53-0.830.680.41
-0.12-0.4-0.4-0.05-0.06-0.1-1.00.75-0.091.0-0.75-0.751.0-0.34-0.75-0.73-0.4-0.65-0.540.04-0.170.160.8-0.72-0.68
0.720.740.740.640.710.160.67-0.960.53-0.670.830.79-0.670.760.640.920.74-0.650.740.40.47-0.04-0.880.990.66
0.570.210.210.580.630.390.55-0.68-0.11-0.550.650.61-0.550.280.770.690.21-0.540.740.220.360.37-0.50.780.52
0.220.180.180.210.280.24-0.02-0.320.330.020.060.020.020.48-0.020.270.180.040.40.220.8-0.19-0.20.35-0.14
0.350.190.190.350.350.060.2-0.470.3-0.20.350.33-0.20.480.150.390.19-0.170.470.360.8-0.04-0.350.470.21
0.41-0.53-0.530.540.27-0.31-0.170.1-0.50.170.140.180.17-0.540.44-0.08-0.530.16-0.040.37-0.19-0.040.370.020.28
-0.47-0.83-0.83-0.36-0.45-0.07-0.820.94-0.620.82-0.84-0.810.82-0.82-0.48-0.92-0.830.8-0.88-0.5-0.2-0.350.37-0.88-0.71
0.70.680.680.630.680.140.73-0.970.45-0.730.880.85-0.730.690.710.940.68-0.720.990.780.350.470.02-0.880.73
0.660.410.410.640.48-0.420.68-0.780.32-0.680.960.98-0.680.390.620.80.41-0.680.660.52-0.140.210.28-0.710.73
Click cells to compare fundamentals

Silver Viper Account Relationship Matchups

Silver Viper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1M4.2M4.0M3.1M6.1M4.2M
Other Current Liab406.5K290.3K201.3K560.8K323.6K316.9K
Total Current Liabilities406.5K290.3K201.3K560.8K323.6K316.9K
Total Stockholder Equity3.6M3.9M3.8M2.5M5.8M3.9M
Net Tangible Assets1.7M3.6M3.9M3.8M4.3M3.7M
Net Debt(3.6M)(2.5M)(1.6M)(57.4K)(447.7K)(470.1K)
Retained Earnings(6.2M)(14.1M)(22.3M)(25.4M)(28.4M)(27.0M)
Accounts Payable322.3K381.7K256.3K176.5K202.9K240.3K
Cash3.6M2.5M1.6M57.4K447.7K425.3K
Non Current Assets Total421.3K1.6M2.3M3.0M5.6M5.8M
Non Currrent Assets Other344.9K1.3M1.9M2.4M5.5M5.8M
Cash And Short Term Investments3.6M2.5M1.6M57.4K447.7K425.3K
Net Receivables15.7K19.7K22.0K22.6K16.4K18.6K
Common Stock Shares Outstanding47.0M69.2M89.5M99.4M140.8M82.3M
Liabilities And Stockholders Equity4.1M4.2M4.0M3.1M6.1M4.2M
Total Liab406.5K290.3K201.3K560.8K323.6K316.9K
Total Current Assets3.6M2.6M1.7M116.9K512.9K487.2K
Common Stock9.4M17.1M23.3M25.1M30.7M16.4M
Other Assets344.9K1.3M1.9M1.01.151.09
Other Current Assets29.3K93.1K74.9K36.9K48.8K57.8K
Net Invested Capital3.6M3.9M3.8M2.5M5.8M4.0M
Net Working Capital3.2M2.3M1.5M(443.9K)189.2K179.8K
Accumulated Other Comprehensive Income536.8K905.5K2.8M2.8M3.4M2.0M
Capital Stock9.4M17.1M23.3M25.1M30.7M20.4M

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