Silver Total Current Liabilities vs Net Receivables 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 Total Current Liabilities and its Net Receivables 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.

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Tiger Metals Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Silver Tiger's Total Current Liabilities and Net Receivables is -0.07. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables 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 Total Current Liabilities and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Silver Tiger Metals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., Silver Tiger's Total Current Liabilities and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Silver Tiger balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Silver Tiger Metals 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.

Net Receivables

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Silver Stock Analysis

When running Silver Tiger's price analysis, check to measure Silver Tiger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Silver Tiger is operating at the current time. Most of Silver Tiger's value examination focuses on studying past and present price action to predict the probability of Silver Tiger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Tiger's price. Additionally, you may evaluate how the addition of Silver Tiger to your portfolios can decrease your overall portfolio volatility.