SilverCrest Historical Income Statement

SIL Stock

14.38 0.12 0.84%

Historical analysis of SilverCrest Metals income statement accounts such as Gross Profit of 155.7 M, Other Operating Expenses of 257.4 M, Operating Income of 213.1 M or Ebit of 130.9 M can show how well SilverCrest Metals performed in making a profits. Evaluating SilverCrest Metals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SilverCrest Metals's future profits or losses.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining SilverCrest Metals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SilverCrest Metals is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SilverCrest 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.

To learn how to invest in SilverCrest Stock, please use our How to Invest in SilverCrest Metals guide.

About SilverCrest Income Statement Analysis

SilverCrest Metals Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SilverCrest Metals shareholders. The income statement also shows SilverCrest investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

SilverCrest Metals Income Statement Chart

At this time, SilverCrest Metals' Operating Income is very stable compared to the past year. As of the 30th of November 2024, EBIT is likely to grow to about 130.9 M, though Total Other Income Expense Net is likely to grow to (75.7 M).

Selling General Administrative Other Operating Expenses Cost Of Revenue Total Operating Expenses

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SilverCrest Metals. It is also known as SilverCrest Metals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on SilverCrest Metals income statement and represents the costs associated with goods and services SilverCrest Metals provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from SilverCrest Metals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SilverCrest Metals current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 SilverCrest 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.

To learn how to invest in SilverCrest Stock, please use our How to Invest in SilverCrest Metals guide.At this time, SilverCrest Metals' Operating Income is very stable compared to the past year. As of the 30th of November 2024, EBIT is likely to grow to about 130.9 M, though Total Other Income Expense Net is likely to grow to (75.7 M).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	74.0K	2.8M	21.3M	22.4M
Interest Income	4.1M	27.4M	4.0M	4.8M

Depreciation And Amortization Interest Income

SilverCrest Metals income statement Correlations

	Interest Income	Depreciation And Amortization	Interest Expense	Selling General Administrative	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Interest Income	Net Income From Continuing Ops	Reconciled Depreciation	Selling And Marketing Expenses
Interest Income		0.18	0.85	0.43	0.22	0.15	0.15	0.18	0.18	0.19	0.12	0.29	0.14	0.27	0.64	-0.72	0.28	0.15	-0.4
Depreciation And Amortization	0.18		0.65	0.88	1.0	0.98	0.97	0.91	0.93	1.0	0.95	0.92	-0.94	0.91	0.86	0.42	0.9	1.0	-0.61
Interest Expense	0.85	0.65		0.76	0.68	0.61	0.62	0.62	0.63	0.66	0.56	0.72	-0.37	0.7	0.94	-0.37	0.7	0.63	-0.56
Selling General Administrative	0.43	0.88	0.76		0.89	0.91	0.79	0.69	0.72	0.88	0.91	0.74	-0.78	0.73	0.9	0.28	0.72	0.87	-0.78
Gross Profit	0.22	1.0	0.68	0.89		0.98	0.98	0.92	0.94	1.0	0.94	0.93	-0.93	0.93	0.88	0.37	0.92	1.0	-0.61
Other Operating Expenses	0.15	0.98	0.61	0.91	0.98		0.92	0.82	0.85	0.98	0.99	0.83	-0.95	0.83	0.83	0.49	0.81	0.98	-0.69
Operating Income	0.15	0.97	0.62	0.79	0.98	0.92		0.98	0.99	0.98	0.86	0.97	-0.91	0.97	0.83	0.35	0.97	0.97	-0.47
Ebit	0.18	0.91	0.62	0.69	0.92	0.82	0.98		1.0	0.92	0.74	0.99	-0.83	0.99	0.8	0.22	0.99	0.91	-0.36
Ebitda	0.18	0.93	0.63	0.72	0.94	0.85	0.99	1.0		0.94	0.77	0.99	-0.85	0.99	0.82	0.24	0.99	0.93	-0.39
Cost Of Revenue	0.19	1.0	0.66	0.88	1.0	0.98	0.98	0.92	0.94		0.95	0.93	-0.94	0.92	0.87	0.4	0.91	1.0	-0.61
Total Operating Expenses	0.12	0.95	0.56	0.91	0.94	0.99	0.86	0.74	0.77	0.95		0.75	-0.93	0.75	0.79	0.55	0.73	0.95	-0.73
Income Before Tax	0.29	0.92	0.72	0.74	0.93	0.83	0.97	0.99	0.99	0.93	0.75		-0.8	1.0	0.87	0.14	1.0	0.92	-0.39
Total Other Income Expense Net	0.14	-0.94	-0.37	-0.78	-0.93	-0.95	-0.91	-0.83	-0.85	-0.94	-0.93	-0.8		-0.8	-0.65	-0.68	-0.79	-0.95	0.55
Net Income	0.27	0.91	0.7	0.73	0.93	0.83	0.97	0.99	0.99	0.92	0.75	1.0	-0.8		0.86	0.15	1.0	0.91	-0.37
Income Tax Expense	0.64	0.86	0.94	0.9	0.88	0.83	0.83	0.8	0.82	0.87	0.79	0.87	-0.65	0.86		-0.06	0.85	0.85	-0.64
Net Interest Income	-0.72	0.42	-0.37	0.28	0.37	0.49	0.35	0.22	0.24	0.4	0.55	0.14	-0.68	0.15	-0.06		0.14	0.44	-0.28
Net Income From Continuing Ops	0.28	0.9	0.7	0.72	0.92	0.81	0.97	0.99	0.99	0.91	0.73	1.0	-0.79	1.0	0.85	0.14		0.9	-0.39
Reconciled Depreciation	0.15	1.0	0.63	0.87	1.0	0.98	0.97	0.91	0.93	1.0	0.95	0.92	-0.95	0.91	0.85	0.44	0.9		-0.6
Selling And Marketing Expenses	-0.4	-0.61	-0.56	-0.78	-0.61	-0.69	-0.47	-0.36	-0.39	-0.61	-0.73	-0.39	0.55	-0.37	-0.64	-0.28	-0.39	-0.6

Click cells to compare fundamentals

SilverCrest Metals Account Relationship Matchups

SilverCrest Metals income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Income	419.1K	1.5M	4.1M	27.4M	4.0M	4.8M
Depreciation And Amortization	281.1K	529.8K	74.0K	2.8M	21.3M	22.4M
Interest Expense	44.4K	34K	27K	3.4M	2.0M	2.1M
Selling General Administrative	5.5M	5.5M	7.2M	9.2M	15.8M	16.5M
Gross Profit	(119.4K)	(395K)	(59K)	28.3M	148.3M	155.7M
Other Operating Expenses	45.0M	54.2M	18.3M	30.3M	245.1M	257.4M
Operating Income	(44.2M)	(52.7M)	(17.2M)	12.8M	202.9M	213.1M
Ebit	(59.1M)	(68.9M)	(23.1M)	11.9M	124.7M	130.9M
Ebitda	(58.8M)	(68.4M)	(23.0M)	14.7M	146.1M	153.4M
Cost Of Revenue	119.4K	395K	59K	15.2M	96.8M	101.7M
Total Operating Expenses	44.9M	53.8M	18.2M	15.1M	148.3M	155.7M
Income Before Tax	(45.3M)	(59.9M)	(22.4M)	37.4M	123.2M	129.4M
Total Other Income Expense Net	(1.8M)	(7.5M)	(5.0M)	24.6M	(79.7M)	(75.7M)
Net Income Applicable To Common Shares	(44.7M)	(59.9M)	(22.8M)	31.3M	28.2M	29.6M
Net Income	(45.4M)	(60.0M)	(22.8M)	31.3M	116.7M	122.6M
Income Tax Expense	114.8K	34K	384K	6.1M	6.5M	6.9M
Net Interest Income	949.5K	1.5M	1.1M	(3.8M)	1.8M	1.9M
Net Income From Continuing Ops	(59.3M)	(59.9M)	(22.8M)	31.3M	116.7M	122.6M
Reconciled Depreciation	215.2K	395K	59K	1.9M	21.3M	22.4M
Tax Provision	150K	254K	384K	6.1M	6.5M	6.9M

Pair Trading with SilverCrest Metals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SilverCrest Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SilverCrest Metals will appreciate offsetting losses from the drop in the long position's value.

Moving together with SilverCrest Stock

0.91	AG	First Majestic Silver	Pair Corr
0.84	IE	Ivanhoe Energy	Pair Corr
0.83	FDY	Faraday Copper Corp	Pair Corr

Moving against SilverCrest Stock

0.39	INFM	Infinico Metals Corp	Pair Corr
0.31	UNH	UnitedHealth Group CDR	Pair Corr

The ability to find closely correlated positions to SilverCrest Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SilverCrest Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SilverCrest Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SilverCrest Metals to buy it.

The correlation of SilverCrest Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SilverCrest Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SilverCrest Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for SilverCrest Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether SilverCrest Metals is a strong investment it is important to analyze SilverCrest Metals' 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 SilverCrest Metals' future performance. For an informed investment choice regarding SilverCrest Stock, refer to the following important reports:

How To Invest In SilverCrest

Details

Is SilverCrest Stock a good investment?

Details

What is SilverCrest Metals' Net Worth?

Details

Largest Precious Metals & Minerals Companies

View

Largest Other Precious Metals & Mining Companies

View

To learn how to invest in SilverCrest Stock, please use our How to Invest in SilverCrest Metals guide.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Please note, there is a significant difference between SilverCrest Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if SilverCrest Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SilverCrest Metals' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

SilverCrest Historical Income Statement

About SilverCrest Income Statement Analysis

SilverCrest Metals Income Statement Chart

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

SilverCrest Metals income statement Correlations

SilverCrest Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SilverCrest Metals income statement Accounts

Pair Trading with SilverCrest Metals

Moving together with SilverCrest Stock

Moving against SilverCrest Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Depreciation And Amortization
Cost Of Revenue	+ 1.0	Depreciation And Amortization
Reconciled Depreciation	+ 1.0	Depreciation And Amortization
Cost Of Revenue	+ 1.0	Gross Profit
Reconciled Depreciation	+ 1.0	Gross Profit
Ebitda	+ 1.0	Ebit

Reconciled Depreciation	- 0.95	Total Other Income Expense Net
Total Other Income Expense Net	- 0.95	Other Operating Expenses
Total Other Income Expense Net	- 0.94	Cost Of Revenue
Total Other Income Expense Net	- 0.94	Depreciation And Amortization
Total Other Income Expense Net	- 0.93	Total Operating Expenses
Total Other Income Expense Net	- 0.93	Gross Profit