Solitario Current Deferred Revenue vs Property Plant Equipment Analysis

XPL Stock  USD 0.61  0.01  1.67%   
Solitario Exploration financial indicator trend analysis is much more than just breaking down Solitario Exploration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solitario Exploration is a good investment. Please check the relationship between Solitario Exploration Current Deferred Revenue and its Property Plant Equipment accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Solitario Exploration Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Current Deferred Revenue vs Property Plant Equipment

Current Deferred Revenue vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solitario Exploration Current Deferred Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Solitario Exploration's Current Deferred Revenue and Property Plant Equipment is -0.53. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Solitario Exploration Royalty, assuming nothing else is changed. The correlation between historical values of Solitario Exploration's Current Deferred Revenue and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Solitario Exploration Royalty are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Current Deferred Revenue i.e., Solitario Exploration's Current Deferred Revenue and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Property Plant Equipment

Most indicators from Solitario Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solitario Exploration 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Solitario Exploration Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Enterprise Value is expected to rise to about 46.1 M this year, although the value of Selling General Administrative will most likely fall to about 1.5 M.
 2022 2023 2024 (projected)
Reconciled Depreciation69K65K57.2K
Net Interest Income131K122K153.2K

Solitario Exploration fundamental ratios Correlations

-0.22-0.20.760.610.15-0.670.4-0.290.59-0.160.30.74-0.11-0.030.81-0.150.33-0.32-0.25-0.220.770.740.570.680.65
-0.220.9-0.76-0.080.50.150.18-0.110.250.89-0.61-0.530.90.3-0.430.97-0.510.850.760.8-0.56-0.59-0.51-0.09-0.17
-0.20.9-0.64-0.040.50.150.25-0.150.260.7-0.57-0.470.650.39-0.390.82-0.510.950.580.61-0.49-0.52-0.43-0.05-0.11
0.76-0.76-0.640.42-0.22-0.420.08-0.10.2-0.740.590.78-0.71-0.080.76-0.750.54-0.7-0.71-0.590.820.830.690.460.43
0.61-0.08-0.040.420.46-0.420.23-0.560.890.02-0.380.64-0.01-0.040.56-0.02-0.42-0.02-0.21-0.280.670.70.130.990.86
0.150.50.5-0.220.46-0.090.28-0.920.660.42-0.65-0.060.420.3-0.070.49-0.620.450.40.3-0.04-0.040.160.440.41
-0.670.150.15-0.42-0.42-0.09-0.470.17-0.46-0.02-0.14-0.77-0.030.26-0.810.03-0.140.22-0.020.4-0.73-0.66-0.28-0.53-0.66
0.40.180.250.080.230.28-0.47-0.240.450.13-0.140.230.180.370.20.22-0.110.090.010.00.240.160.040.280.5
-0.29-0.11-0.15-0.1-0.56-0.920.17-0.24-0.64-0.080.46-0.18-0.08-0.2-0.12-0.110.46-0.12-0.120.01-0.22-0.23-0.42-0.55-0.55
0.590.250.260.20.890.66-0.460.45-0.640.23-0.570.430.260.20.390.28-0.570.18-0.040.030.460.46-0.010.90.85
-0.160.890.7-0.740.020.42-0.020.13-0.080.23-0.53-0.380.97-0.07-0.270.96-0.440.740.890.6-0.41-0.45-0.460.03-0.05
0.3-0.61-0.570.59-0.38-0.65-0.14-0.140.46-0.57-0.530.29-0.52-0.290.39-0.580.98-0.58-0.28-0.370.290.260.61-0.32-0.3
0.74-0.53-0.470.780.64-0.06-0.770.23-0.180.43-0.380.29-0.37-0.260.96-0.440.25-0.49-0.38-0.620.970.970.460.70.64
-0.110.90.65-0.71-0.010.42-0.030.18-0.080.260.97-0.52-0.370.02-0.260.97-0.420.620.850.71-0.41-0.45-0.450.01-0.06
-0.030.30.39-0.08-0.040.30.260.37-0.20.2-0.07-0.29-0.260.02-0.270.15-0.250.21-0.170.35-0.18-0.17-0.11-0.07-0.06
0.81-0.43-0.390.760.56-0.07-0.810.2-0.120.39-0.270.390.96-0.26-0.27-0.330.36-0.43-0.24-0.510.940.910.520.640.56
-0.150.970.82-0.75-0.020.490.030.22-0.110.280.96-0.58-0.440.970.15-0.33-0.480.790.840.74-0.47-0.51-0.48-0.01-0.08
0.33-0.51-0.510.54-0.42-0.62-0.14-0.110.46-0.57-0.440.980.25-0.42-0.250.36-0.48-0.54-0.21-0.270.250.220.59-0.35-0.33
-0.320.850.95-0.7-0.020.450.220.09-0.120.180.74-0.58-0.490.620.21-0.430.79-0.540.640.48-0.51-0.53-0.47-0.04-0.12
-0.250.760.58-0.71-0.210.4-0.020.01-0.12-0.040.89-0.28-0.380.85-0.17-0.240.84-0.210.640.52-0.44-0.49-0.17-0.19-0.25
-0.220.80.61-0.59-0.280.30.40.00.010.030.6-0.37-0.620.710.35-0.510.74-0.270.480.52-0.65-0.66-0.37-0.3-0.43
0.77-0.56-0.490.820.67-0.04-0.730.24-0.220.46-0.410.290.97-0.41-0.180.94-0.470.25-0.51-0.44-0.650.990.50.720.69
0.74-0.59-0.520.830.7-0.04-0.660.16-0.230.46-0.450.260.97-0.45-0.170.91-0.510.22-0.53-0.49-0.660.990.480.740.67
0.57-0.51-0.430.690.130.16-0.280.04-0.42-0.01-0.460.610.46-0.45-0.110.52-0.480.59-0.47-0.17-0.370.50.480.170.17
0.68-0.09-0.050.460.990.44-0.530.28-0.550.90.03-0.320.70.01-0.070.64-0.01-0.35-0.04-0.19-0.30.720.740.170.89
0.65-0.17-0.110.430.860.41-0.660.5-0.550.85-0.05-0.30.64-0.06-0.060.56-0.08-0.33-0.12-0.25-0.430.690.670.170.89
Click cells to compare fundamentals

Solitario Exploration Account Relationship Matchups

Solitario Exploration fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.5M23.8M23.6M22.0M26.8M21.2M
Total Current Liabilities269K174K276K263K632K600.4K
Total Stockholder Equity24.1M23.5M23.2M21.6M26.0M16.9M
Property Plant And Equipment Net15.8M15.7M16.5M16.8M16.8M8.4M
Net Debt(526K)(588K)(390K)(281K)(111K)(116.6K)
Retained Earnings(46.7M)(47.6M)(50.0M)(53.9M)(57.6M)(54.8M)
Accounts Payable688K228K157K239K593K622.7K
Cash574K605K462K316K200K190K
Non Current Assets Total15.8M15.8M16.5M16.8M16.8M13.8M
Cash And Short Term Investments8.4M8.0M6.9M5.2M9.7M7.1M
Common Stock Shares Outstanding58.1M58.1M58.7M64.3M68.7M38.7M
Liabilities And Stockholders Equity24.5M23.8M23.6M22.0M26.8M21.2M
Other Current Assets46K26K303K38K273K155.0K
Other Stockholder Equity70.2M70.5M72.5M74.9M82.8M46.5M
Total Liab401K299K436K388K807K766.7K
Total Current Assets8.8M8.0M7.2M5.3M9.9M7.4M
Short Term Debt41K17K74K70K78K74.1K
Common Stock Total Equity584K582K581K648K745.2K407.8K
Short Term Investments7.9M7.4M6.4M4.9M9.5M5.7M
Property Plant And Equipment Gross15.8M15.7M16.5M16.8M16.8M9.0M
Property Plant Equipment15.8M15.6M16.5M16.6M19.1M20.1M
Net Tangible Assets24.1M23.5M23.2M21.6M24.9M20.6M
Capital Surpluse70.2M70.5M72.5M74.9M86.1M67.9M
Cash And Equivalents574K605K462K316K363.4K378.2K
Net Invested Capital24.1M23.5M23.2M21.6M26.0M20.1M

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When determining whether Solitario Exploration is a strong investment it is important to analyze Solitario Exploration's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Solitario Exploration's future performance. For an informed investment choice regarding Solitario Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Solitario Exploration Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified 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 Solitario Exploration. If investors know Solitario 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 Solitario Exploration listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.06)
Revenue Per Share
(0.01)
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.15)
Return On Equity
(0.21)
The market value of Solitario Exploration is measured differently than its book value, which is the value of Solitario that is recorded on the company's balance sheet. Investors also form their own opinion of Solitario Exploration's value that differs from its market value or its book value, called intrinsic value, which is Solitario Exploration's 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 Solitario Exploration's market value can be influenced by many factors that don't directly affect Solitario Exploration's 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 Solitario Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solitario Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solitario Exploration's 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.