Silver Average Payables vs Book Value Per Share Analysis

SLVR Stock  CAD 0.57  0.02  3.64%   
Silver Tiger financial indicator trend analysis is much more than just breaking down Silver Tiger Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver Tiger Metals is a good investment. Please check the relationship between Silver Tiger Average Payables and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Tiger 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 metropolitan statistical area.

Average Payables vs Book Value Per Share

Average Payables vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Tiger Metals Average Payables account and Book Value Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Silver Tiger's Average Payables and Book Value Per Share is 0.52. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Silver Tiger Metals, assuming nothing else is changed. The correlation between historical values of Silver Tiger's Average Payables and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Silver Tiger Metals are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Average Payables i.e., Silver Tiger's Average Payables and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Silver Tiger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver Tiger 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 Silver Tiger 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 metropolitan statistical area.
Selling General Administrative is likely to drop to about 2.7 M in 2025. Issuance Of Capital Stock is expected to grow at the current pace this year
 2022 2023 2024 2025 (projected)
Reconciled Depreciation1.2K2.1K1.5K1.5K
Cost Of Revenue1.2K2.1K1.5K1.5K

Silver Tiger fundamental ratios Correlations

-0.710.151.0-0.330.95-0.860.640.690.930.650.970.650.110.710.980.971.00.740.910.91-0.33
-0.71-0.26-0.710.3-0.710.69-0.43-0.48-0.660.01-0.73-0.87-0.2-0.49-0.72-0.75-0.69-0.52-0.61-0.610.3
0.15-0.260.130.30.080.110.760.63-0.12-0.07-0.020.381.00.620.150.170.110.58-0.18-0.180.3
1.0-0.710.13-0.330.94-0.860.620.680.940.660.970.640.090.70.980.971.00.730.920.92-0.33
-0.330.30.3-0.33-0.60.740.190.13-0.41-0.11-0.4-0.180.320.12-0.26-0.27-0.360.08-0.51-0.511.0
0.95-0.710.080.94-0.6-0.950.530.590.880.580.930.610.040.60.90.90.950.640.90.9-0.6
-0.860.690.11-0.860.74-0.95-0.27-0.33-0.89-0.44-0.9-0.590.15-0.35-0.8-0.82-0.87-0.4-0.93-0.930.74
0.64-0.430.760.620.190.53-0.270.960.360.470.470.450.750.960.650.620.610.940.30.30.19
0.69-0.480.630.680.130.59-0.330.960.40.520.550.490.611.00.70.640.671.00.340.340.13
0.93-0.66-0.120.94-0.410.88-0.890.360.40.590.970.59-0.160.420.920.940.940.460.990.99-0.41
0.650.01-0.070.66-0.110.58-0.440.470.520.590.620.14-0.060.530.670.610.670.540.60.6-0.11
0.97-0.73-0.020.97-0.40.93-0.90.470.550.970.620.68-0.060.560.960.960.970.610.950.95-0.4
0.65-0.870.380.64-0.180.61-0.590.450.490.590.140.680.340.490.680.690.630.520.520.52-0.18
0.11-0.21.00.090.320.040.150.750.61-0.16-0.06-0.060.340.60.110.120.080.56-0.21-0.210.32
0.71-0.490.620.70.120.6-0.350.961.00.420.530.560.490.60.710.650.691.00.360.360.12
0.98-0.720.150.98-0.260.9-0.80.650.70.920.670.960.680.110.710.990.970.740.880.88-0.26
0.97-0.750.170.97-0.270.9-0.820.620.640.940.610.960.690.120.650.990.960.680.90.9-0.27
1.0-0.690.111.0-0.360.95-0.870.610.670.940.670.970.630.080.690.970.960.720.930.93-0.36
0.74-0.520.580.730.080.64-0.40.941.00.460.540.610.520.561.00.740.680.720.410.410.08
0.91-0.61-0.180.92-0.510.9-0.930.30.340.990.60.950.52-0.210.360.880.90.930.411.0-0.51
0.91-0.61-0.180.92-0.510.9-0.930.30.340.990.60.950.52-0.210.360.880.90.930.411.0-0.51
-0.330.30.3-0.331.0-0.60.740.190.13-0.41-0.11-0.4-0.180.320.12-0.26-0.27-0.360.08-0.51-0.51
Click cells to compare fundamentals

Silver Tiger Account Relationship Matchups

Silver Tiger fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets51.4M72.9M87.0M84.3M80.8M54.5M
Total Current Liabilities2.1M3.8M2.8M1.5M1.0M1.8M
Total Stockholder Equity49.3M69.1M84.1M82.8M79.7M52.0M
Net Tangible Assets15.6M16.4M49.3M69.1M79.5M83.5M
Retained Earnings(22.5M)(25.2M)(28.9M)(32.1M)(36.4M)(38.2M)
Accounts Payable1.9M3.7M2.7M1.4M765.1K726.9K
Cash25.9M33.6M29.8M9.2M3.2M3.0M
Non Current Assets Total25.2M39.2M56.8M73.6M77.2M41.5M
Net Receivables55.2K38.8K123.8K133.5K153.6K90.4K
Common Stock Shares Outstanding260.3M262.0M364.5M365.0M419.8M267.1M
Total Liab2.1M3.8M2.8M1.5M1.0M1.8M
Total Current Assets26.3M33.8M30.2M10.6M3.6M3.4M
Common Stock31.9M33.1M67.0M88.5M101.7M51.1M
Property Plant Equipment18.0M19.1M25.2M39.2M45.0M24.2M
Net Invested Capital49.3M69.1M84.1M82.8M79.7M56.7M
Net Working Capital24.2M30.0M27.3M9.1M2.5M2.4M
Capital Stock67.0M88.5M105.3M105.5M121.3M79.3M
Property Plant And Equipment Net25.2M39.2M56.8M73.6M77.2M53.4M
Property Plant And Equipment Gross25.2M39.2M56.8M73.6M77.2M53.4M

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