Solitario Historical Balance Sheet

SLR Stock

CAD 0.87 0.05 6.10%

Trend analysis of Solitario Exploration Royalty balance sheet accounts such as Total Stockholder Equity of 16.9 M, Property Plant And Equipment Net of 8.4 M, Accounts Payable of 622.6 K or Cash of 190 K provides information on Solitario Exploration's total assets, liabilities, and equity, which is the actual value of Solitario Exploration to its prevalent stockholders. By breaking down trends over time using Solitario Exploration balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Solitario Exploration 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 Solitario Exploration is a good buy for the upcoming year.

Check out World Market Map 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 board of governors.

About Solitario Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Solitario Exploration at a specified time, usually calculated after every quarter, six months, or one year. Solitario Exploration Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Solitario Exploration and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Solitario currently owns. An asset can also be divided into two categories, current and non-current.

Solitario Exploration Balance Sheet Chart

At this time, Solitario Exploration's Accounts Payable is very stable compared to the past year. As of the 27th of November 2024, Cash And Equivalents is likely to grow to about 378.2 K, while Total Assets are likely to drop about 21.2 M.

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity

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Total Assets

Total assets refers to the total amount of Solitario Exploration assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Solitario Exploration books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Solitario Exploration balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Solitario Exploration Royalty are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from Solitario Exploration's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet 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 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 board of governors.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	72K	35K	89K	84.6K
Total Assets	23.6M	22.0M	26.8M	21.2M

Short Long Term Debt Total Total Assets

Solitario Exploration balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Assets	Common Stock Total Equity	Common Stock	Short Term Investments
Total Assets		-0.25	-0.69	-0.2	0.76	0.61	0.46	0.15	-0.67	0.4	-0.29	0.59	-0.26	0.3	0.74	-0.11	-0.03	0.81	-0.15	0.61	0.33	-0.32	-0.13	0.82	0.77	0.57
Short Long Term Debt Total	-0.25		0.11	0.92	-0.76	-0.08	0.44	0.5	0.16	0.18	-0.11	0.25	0.76	-0.62	-0.54	0.87	0.31	-0.44	0.96	-0.08	-0.54	0.87	0.98	-0.56	-0.57	-0.51
Other Current Liab	-0.69	0.11		0.11	-0.43	-0.2	-0.64	0.06	0.9	-0.33	-0.02	-0.24	-0.08	-0.41	-0.66	-0.07	0.31	-0.79	-0.01	-0.2	-0.42	0.19	-0.09	-0.63	-0.58	-0.39
Total Current Liabilities	-0.2	0.92	0.11		-0.64	-0.04	0.46	0.5	0.15	0.25	-0.15	0.26	0.6	-0.57	-0.47	0.65	0.39	-0.4	0.82	-0.04	-0.51	0.95	0.85	-0.5	-0.49	-0.43
Total Stockholder Equity	0.76	-0.76	-0.43	-0.64		0.42	0.05	-0.22	-0.42	0.08	-0.1	0.2	-0.73	0.59	0.78	-0.71	-0.08	0.77	-0.75	0.42	0.54	-0.7	-0.69	0.86	0.82	0.69
Property Plant And Equipment Net	0.61	-0.08	-0.2	-0.04	0.42		-0.01	0.46	-0.42	0.23	-0.56	0.89	-0.22	-0.38	0.64	-0.01	-0.04	0.56	-0.02	1.0	-0.42	-0.02	-0.05	0.68	0.67	0.13
Current Deferred Revenue	0.46	0.44	-0.64	0.46	0.05	-0.01		0.24	-0.5	0.4	-0.07	0.31	0.24	0.02	0.16	0.36	0.3	0.31	0.43	-0.01	0.11	0.24	0.55	0.13	0.1	0.08
Net Debt	0.15	0.5	0.06	0.5	-0.22	0.46	0.24		-0.09	0.28	-0.92	0.66	0.41	-0.65	-0.06	0.42	0.3	-0.07	0.49	0.46	-0.62	0.45	0.48	-0.05	-0.04	0.16
Retained Earnings	-0.67	0.16	0.9	0.15	-0.42	-0.42	-0.5	-0.09		-0.47	0.17	-0.46	0.02	-0.14	-0.77	-0.03	0.26	-0.81	0.03	-0.42	-0.14	0.22	-0.01	-0.71	-0.73	-0.28
Accounts Payable	0.4	0.18	-0.33	0.25	0.08	0.23	0.4	0.28	-0.47		-0.24	0.45	0.0	-0.14	0.23	0.18	0.37	0.2	0.22	0.23	-0.11	0.08	0.23	0.18	0.24	0.04
Cash	-0.29	-0.11	-0.02	-0.15	-0.1	-0.56	-0.07	-0.92	0.17	-0.24		-0.64	-0.12	0.46	-0.18	-0.08	-0.2	-0.12	-0.11	-0.56	0.46	-0.12	-0.11	-0.21	-0.22	-0.42
Non Current Assets Total	0.59	0.25	-0.24	0.26	0.2	0.89	0.31	0.66	-0.46	0.45	-0.64		-0.03	-0.57	0.43	0.26	0.2	0.39	0.28	0.89	-0.57	0.18	0.28	0.46	0.46	-0.01
Non Currrent Assets Other	-0.26	0.76	-0.08	0.6	-0.73	-0.22	0.24	0.41	0.02	0.0	-0.12	-0.03		-0.31	-0.41	0.87	-0.15	-0.29	0.85	-0.22	-0.23	0.64	0.8	-0.45	-0.47	-0.2
Cash And Short Term Investments	0.3	-0.62	-0.41	-0.57	0.59	-0.38	0.02	-0.65	-0.14	-0.14	0.46	-0.57	-0.31		0.29	-0.52	-0.29	0.4	-0.58	-0.38	0.98	-0.57	-0.53	0.35	0.29	0.61
Common Stock Shares Outstanding	0.74	-0.54	-0.66	-0.47	0.78	0.64	0.16	-0.06	-0.77	0.23	-0.18	0.43	-0.41	0.29		-0.37	-0.26	0.96	-0.44	0.64	0.25	-0.5	-0.42	0.97	0.97	0.46
Non Current Liabilities Total	-0.11	0.87	-0.07	0.65	-0.71	-0.01	0.36	0.42	-0.03	0.18	-0.08	0.26	0.87	-0.52	-0.37		0.02	-0.27	0.97	-0.01	-0.42	0.62	0.91	-0.4	-0.41	-0.45
Other Current Assets	-0.03	0.31	0.31	0.39	-0.08	-0.04	0.3	0.3	0.26	0.37	-0.2	0.2	-0.15	-0.29	-0.26	0.02		-0.27	0.15	-0.04	-0.25	0.2	0.23	-0.25	-0.18	-0.11
Other Stockholder Equity	0.81	-0.44	-0.79	-0.4	0.77	0.56	0.31	-0.07	-0.81	0.2	-0.12	0.39	-0.29	0.4	0.96	-0.27	-0.27		-0.34	0.56	0.37	-0.44	-0.29	0.96	0.94	0.52
Total Liab	-0.15	0.96	-0.01	0.82	-0.75	-0.02	0.43	0.49	0.03	0.22	-0.11	0.28	0.85	-0.58	-0.44	0.97	0.15	-0.34		-0.02	-0.48	0.79	0.97	-0.47	-0.47	-0.48
Property Plant And Equipment Gross	0.61	-0.08	-0.2	-0.04	0.42	1.0	-0.01	0.46	-0.42	0.23	-0.56	0.89	-0.22	-0.38	0.64	-0.01	-0.04	0.56	-0.02		-0.42	-0.02	-0.05	0.68	0.67	0.13
Total Current Assets	0.33	-0.54	-0.42	-0.51	0.54	-0.42	0.11	-0.62	-0.14	-0.11	0.46	-0.57	-0.23	0.98	0.25	-0.42	-0.25	0.37	-0.48	-0.42		-0.54	-0.46	0.31	0.25	0.59
Short Term Debt	-0.32	0.87	0.19	0.95	-0.7	-0.02	0.24	0.45	0.22	0.08	-0.12	0.18	0.64	-0.57	-0.5	0.62	0.2	-0.44	0.79	-0.02	-0.54		0.79	-0.52	-0.52	-0.47
Other Assets	-0.13	0.98	-0.09	0.85	-0.69	-0.05	0.55	0.48	-0.01	0.23	-0.11	0.28	0.8	-0.53	-0.42	0.91	0.23	-0.29	0.97	-0.05	-0.46	0.79		-0.45	-0.46	-0.44
Common Stock Total Equity	0.82	-0.56	-0.63	-0.5	0.86	0.68	0.13	-0.05	-0.71	0.18	-0.21	0.46	-0.45	0.35	0.97	-0.4	-0.25	0.96	-0.47	0.68	0.31	-0.52	-0.45		0.98	0.54
Common Stock	0.77	-0.57	-0.58	-0.49	0.82	0.67	0.1	-0.04	-0.73	0.24	-0.22	0.46	-0.47	0.29	0.97	-0.41	-0.18	0.94	-0.47	0.67	0.25	-0.52	-0.46	0.98		0.5
Short Term Investments	0.57	-0.51	-0.39	-0.43	0.69	0.13	0.08	0.16	-0.28	0.04	-0.42	-0.01	-0.2	0.61	0.46	-0.45	-0.11	0.52	-0.48	0.13	0.59	-0.47	-0.44	0.54	0.5

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Solitario Exploration Account Relationship Matchups

Solitario Exploration balance sheet 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	46.4M
Total Liab	401K	299K	436K	388K	807K	766.7K
Property Plant And Equipment Gross	15.8M	15.7M	16.5M	16.8M	16.8M	8.4M
Total Current Assets	8.8M	8.0M	7.2M	5.3M	9.9M	7.4M
Short Term Debt	41K	17K	37K	35K	39K	37.1K
Short Term Investments	7.9M	7.4M	6.4M	4.9M	9.5M	5.7M
Net Tangible Assets	24.1M	23.5M	23.2M	21.6M	24.9M	23.5M
Property Plant Equipment	15.8M	15.7M	16.5M	16.8M	19.3M	11.8M
Capital Surpluse	70.2M	70.5M	72.5M	74.9M	86.1M	74.0M
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
Net Working Capital	8.5M	7.9M	6.9M	5.0M	9.3M	7.3M

Pair Trading with Solitario Exploration

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 Solitario Exploration 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 Solitario Exploration will appreciate offsetting losses from the drop in the long position's value.

Moving together with Solitario Stock

0.67

INFM

Infinico Metals Corp

Pair Corr

Moving against Solitario Stock

0.76	RY	Royal Bank Earnings Call This Week	Pair Corr
0.75	BOFA	Bank of America	Pair Corr
0.69	RY-PS	Royal Bank Earnings Call This Week	Pair Corr
0.67	RY-PM	Royal Bank Earnings Call This Week	Pair Corr
0.66	RY-PJ	Royal Bank Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Solitario Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solitario Exploration 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 Solitario Exploration - 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 Solitario Exploration Royalty to buy it.

The correlation of Solitario Exploration 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 Solitario Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solitario Exploration 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 Solitario Exploration 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 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:

How To Invest In Solitario

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Is Solitario Stock a good investment?

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What is Solitario Exploration's Net Worth?

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You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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.

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

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Solitario Historical Balance Sheet

About Solitario Balance Sheet Analysis

Solitario Exploration Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Solitario Exploration balance sheet Correlations

Solitario Exploration Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Solitario Exploration balance sheet Accounts

Pair Trading with Solitario Exploration

Moving together with Solitario Stock

Moving against Solitario Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Other Assets	+ 0.98	Short Long Term Debt Total
Total Current Assets	+ 0.98	Cash And Short Term Investments
Common Stock	+ 0.98	Common Stock Total Equity
Common Stock Total Equity	+ 0.97	Common Stock Shares Outstanding
Common Stock	+ 0.97	Common Stock Shares Outstanding

Cash	- 0.92	Net Debt
Other Stockholder Equity	- 0.81	Retained Earnings
Other Stockholder Equity	- 0.79	Other Current Liab
Common Stock Shares Outstanding	- 0.77	Retained Earnings
Total Stockholder Equity	- 0.76	Short Long Term Debt Total
Total Liab	- 0.75	Total Stockholder Equity