Solitario Discontinued Operations vs Ebit 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 Discontinued Operations and its Ebit 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.
Discontinued Operations vs Ebit
Discontinued Operations vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solitario Exploration Discontinued Operations account and Ebit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Solitario Exploration's Discontinued Operations and Ebit is 0.15. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Ebit 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 Discontinued Operations and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Solitario Exploration Royalty are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Discontinued Operations i.e., Solitario Exploration's Discontinued Operations and Ebit go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Discontinued Operations
Ebit
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 Depreciation | 69K | 65K | 57.2K | Net Interest Income | 131K | 122K | 153.2K |
Solitario Exploration fundamental ratios Correlations
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Solitario Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Solitario Exploration fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.5M | 23.8M | 23.6M | 22.0M | 26.8M | 21.2M | |
Total Current Liabilities | 269K | 174K | 276K | 263K | 632K | 600.4K | |
Total Stockholder Equity | 24.1M | 23.5M | 23.2M | 21.6M | 26.0M | 16.9M | |
Property Plant And Equipment Net | 15.8M | 15.7M | 16.5M | 16.8M | 16.8M | 8.4M | |
Net Debt | (526K) | (588K) | (390K) | (281K) | (111K) | (116.6K) | |
Retained Earnings | (46.7M) | (47.6M) | (50.0M) | (53.9M) | (57.6M) | (54.8M) | |
Accounts Payable | 688K | 228K | 157K | 239K | 593K | 622.7K | |
Cash | 574K | 605K | 462K | 316K | 200K | 190K | |
Non Current Assets Total | 15.8M | 15.8M | 16.5M | 16.8M | 16.8M | 13.8M | |
Cash And Short Term Investments | 8.4M | 8.0M | 6.9M | 5.2M | 9.7M | 7.1M | |
Common Stock Shares Outstanding | 58.1M | 58.1M | 58.7M | 64.3M | 68.7M | 38.7M | |
Liabilities And Stockholders Equity | 24.5M | 23.8M | 23.6M | 22.0M | 26.8M | 21.2M | |
Other Current Assets | 46K | 26K | 303K | 38K | 273K | 155.0K | |
Other Stockholder Equity | 70.2M | 70.5M | 72.5M | 74.9M | 82.8M | 46.5M | |
Total Liab | 401K | 299K | 436K | 388K | 807K | 766.7K | |
Total Current Assets | 8.8M | 8.0M | 7.2M | 5.3M | 9.9M | 7.4M | |
Short Term Debt | 41K | 17K | 74K | 70K | 78K | 74.1K | |
Common Stock Total Equity | 584K | 582K | 581K | 648K | 745.2K | 407.8K | |
Short Term Investments | 7.9M | 7.4M | 6.4M | 4.9M | 9.5M | 5.7M | |
Property Plant And Equipment Gross | 15.8M | 15.7M | 16.5M | 16.8M | 16.8M | 9.0M | |
Property Plant Equipment | 15.8M | 15.6M | 16.5M | 16.6M | 19.1M | 20.1M | |
Net Tangible Assets | 24.1M | 23.5M | 23.2M | 21.6M | 24.9M | 20.6M | |
Capital Surpluse | 70.2M | 70.5M | 72.5M | 74.9M | 86.1M | 67.9M | |
Cash And Equivalents | 574K | 605K | 462K | 316K | 363.4K | 378.2K | |
Net Invested Capital | 24.1M | 23.5M | 23.2M | 21.6M | 26.0M | 20.1M |
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Try AI Portfolio ArchitectCheck 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position 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.