Endeavour Silver Corp Stock Current Ratio
| EDR Stock | CAD 12.96 0.49 3.93% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Endeavour Silver's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 2.00 | 1.90 |
Endeavour | Current Ratio |
Endeavour Silver Corp Company Current Ratio Analysis
Endeavour Silver's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Endeavour Silver Current Ratio | 3.28 X |
Most of Endeavour Silver's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Endeavour Silver Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Endeavour Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Endeavour Silver is extremely important. It helps to project a fair market value of Endeavour Stock properly, considering its historical fundamentals such as Current Ratio. Since Endeavour Silver's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Endeavour Silver's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Endeavour Silver's interrelated accounts and indicators.
Click cells to compare fundamentals
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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Endeavour Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Endeavour Silver Corp has a Current Ratio of 3.28 times. This is 14.36% lower than that of the Metals & Mining sector and 92.77% lower than that of the Materials industry. The current ratio for all Canada stocks is 51.85% lower than that of the firm.
Endeavour Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Endeavour Silver's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Endeavour Silver could also be used in its relative valuation, which is a method of valuing Endeavour Silver by comparing valuation metrics of similar companies.Endeavour Silver is currently under evaluation in current ratio category among its peers.
Endeavour Silver Current Valuation Drivers
We derive many important indicators used in calculating different scores of Endeavour Silver from analyzing Endeavour Silver's financial statements. These drivers represent accounts that assess Endeavour Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Endeavour Silver's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 760.5M | 706.0M | 593.0M | 386.2M | 886.4M | 930.7M | |
| Enterprise Value | 710.2M | 614.2M | 525.1M | 360.4M | 900.2M | 945.2M |
Endeavour Fundamentals
| Return On Equity | -0.2 | ||||
| Return On Asset | -1.0E-4 | ||||
| Profit Margin | (0.28) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 3.82 B | ||||
| Shares Outstanding | 294.18 M | ||||
| Shares Owned By Insiders | 0.19 % | ||||
| Shares Owned By Institutions | 55.68 % | ||||
| Number Of Shares Shorted | 6.91 M | ||||
| Price To Book | 5.21 X | ||||
| Price To Sales | 11.31 X | ||||
| Revenue | 217.64 M | ||||
| Gross Profit | 97.42 M | ||||
| EBITDA | 10.03 M | ||||
| Net Income | (31.48 M) | ||||
| Cash And Equivalents | 106.43 M | ||||
| Cash Per Share | 0.17 X | ||||
| Total Debt | 120.86 M | ||||
| Debt To Equity | 3.10 % | ||||
| Current Ratio | 3.28 X | ||||
| Book Value Per Share | 2.39 X | ||||
| Cash Flow From Operations | 19.11 M | ||||
| Short Ratio | 5.92 X | ||||
| Earnings Per Share | (0.47) X | ||||
| Price To Earnings To Growth | 0.14 X | ||||
| Target Price | 15.79 | ||||
| Number Of Employees | 1.54 K | ||||
| Beta | 2.17 | ||||
| Market Capitalization | 3.81 B | ||||
| Total Asset | 719.25 M | ||||
| Retained Earnings | (372.15 M) | ||||
| Working Capital | 78.78 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 719.25 M |
About Endeavour Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Endeavour Silver Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Endeavour Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Endeavour Silver Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Endeavour Silver
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 Endeavour Silver 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 Endeavour Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Endeavour Stock
| 0.92 | AG | First Majestic Silver | PairCorr |
| 0.81 | IE | Ivanhoe Energy | PairCorr |
| 0.83 | ORE | Orezone Gold Corp | PairCorr |
| 0.65 | FDY | Faraday Copper Corp | PairCorr |
Moving against Endeavour Stock
The ability to find closely correlated positions to Endeavour Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavour Silver 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 Endeavour Silver - 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 Endeavour Silver Corp to buy it.
The correlation of Endeavour Silver 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 Endeavour Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour Silver Corp 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 Endeavour Silver 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.