SILV Stock | | | USD 9.57 0.22 2.25% |
SilverCrest Metals financial indicator trend analysis is much more than just breaking down SilverCrest Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SilverCrest Metals is a good investment. Please check the relationship between SilverCrest Metals Retained Earnings and its Non Current Assets Total accounts. 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 bureau of economic analysis.
For more information on how to buy SilverCrest Stock please use our
How to Invest in SilverCrest Metals guide.
Retained Earnings vs Non Current Assets Total
Retained Earnings vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SilverCrest Metals Retained Earnings account and
Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SilverCrest Metals' Retained Earnings and Non Current Assets Total is -0.38. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of SilverCrest Metals, assuming nothing else is changed. The correlation between historical values of SilverCrest Metals' Retained Earnings and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of SilverCrest Metals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Retained Earnings i.e., SilverCrest Metals' Retained Earnings and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from SilverCrest Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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
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 bureau of economic analysis.
For more information on how to buy SilverCrest Stock please use our
How to Invest in SilverCrest Metals guide.At this time, SilverCrest Metals'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 6.9
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 3
M in 2024.
SilverCrest Metals fundamental ratios Correlations
Click cells to compare fundamentals
SilverCrest Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SilverCrest Metals fundamental ratios Accounts
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Additional Tools for SilverCrest Stock Analysis
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