SSR Non Recurring vs Operating Income Analysis
SSRM Stock | USD 5.99 0.26 4.54% |
SSR Mining financial indicator trend analysis is much more than just breaking down SSR Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SSR Mining is a good investment. Please check the relationship between SSR Mining Non Recurring and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSR Mining. 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. To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
Non Recurring vs Operating Income
Non Recurring vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SSR Mining Non Recurring account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SSR Mining's Non Recurring and Operating Income is -0.4. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Operating Income in the same time period over historical financial statements of SSR Mining, assuming nothing else is changed. The correlation between historical values of SSR Mining's Non Recurring and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of SSR Mining are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Non Recurring i.e., SSR Mining's Non Recurring and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Recurring
Operating Income
Operating Income is the amount of profit realized from SSR Mining operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of SSR Mining is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from SSR Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SSR Mining 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 SSR Mining. 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. To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.At this time, SSR Mining's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 16.5 M, while Issuance Of Capital Stock is likely to drop 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 574.9M | 358.6M | 408.8M | 429.2M | Total Revenue | 1.5B | 1.1B | 1.4B | 1.5B |
SSR Mining fundamental ratios Correlations
Click cells to compare fundamentals
SSR Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SSR Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 5.2B | 5.2B | 5.3B | 5.4B | 5.7B | |
Other Current Liab | 3.5M | 120.4M | 110.7M | 176.3M | 110.1M | 115.7M | |
Total Current Liabilities | 234.2M | 248.9M | 283.9M | 279.3M | 170.6M | 88.5M | |
Total Stockholder Equity | 1.1B | 3.4B | 3.5B | 3.6B | 3.4B | 3.5B | |
Property Plant And Equipment Net | 769.5M | 3.6B | 3.2B | 3.5B | 3.9B | 4.1B | |
Net Debt | (219.6M) | (347.3M) | (529.9M) | (248.9M) | (170.9M) | (162.4M) | |
Retained Earnings | (76.0M) | 58.5M | 397.7M | 521.8M | 368.1M | 386.5M | |
Cash | 503.6M | 860.6M | 1.0B | 655.5M | 492.4M | 256.9M | |
Non Current Assets Total | 850.4M | 3.8B | 3.6B | 3.9B | 4.2B | 4.4B | |
Cash And Short Term Investments | 570.1M | 887.4M | 1.1B | 695.7M | 513.3M | 302.9M | |
Net Receivables | 71.8M | 83.2M | 86.1M | 62.6M | 91.3M | 95.9M | |
Common Stock Total Equity | 1.1B | 3.2B | 3.1B | 3.1B | 3.5B | 3.7B | |
Common Stock Shares Outstanding | 122.7M | 163.7M | 228.2M | 222.5M | 204.7M | 214.9M | |
Liabilities And Stockholders Equity | 1.8B | 5.2B | 5.2B | 5.3B | 5.4B | 5.7B | |
Other Current Assets | 4.7M | 16.2M | 66.8M | 206.9M | 192.9M | 202.6M | |
Total Liab | 616.2M | 1.3B | 1.2B | 1.1B | 1.1B | 1.1B | |
Property Plant And Equipment Gross | 769.5M | 3.6B | 4.2B | 4.7B | 5.2B | 5.5B | |
Total Current Assets | 899.7M | 1.4B | 1.6B | 1.4B | 1.2B | 1.3B | |
Common Stock | 1.1B | 3.2B | 3.1B | 3.1B | 3.0B | 3.2B | |
Accounts Payable | 33.6M | 42.9M | 34.8M | 78.9M | 37.1M | 19.2M | |
Non Currrent Assets Other | 30.1M | 192.4M | 298.2M | 276.7M | 316.3M | 332.1M | |
Non Current Liabilities Total | 382.0M | 1.1B | 875.0M | 849.2M | 911.0M | 956.5M | |
Inventory | 237.6M | 437.4M | 389.4M | 501.6M | 515.1M | 540.9M | |
Other Assets | 31.2M | 197.0M | 306.7M | 260.6M | 1.0 | 0.95 | |
Short Long Term Debt Total | 293.0M | 513.4M | 487.6M | 406.6M | 320.7M | 205.1M | |
Other Liab | 208.9M | 619.5M | 473.6M | 503.3M | 578.8M | 607.7M | |
Net Tangible Assets | 1.1B | 3.4B | 3.5B | 3.6B | 4.1B | 4.3B | |
Long Term Debt | 169.8M | 319.6M | 295.5M | 226.5M | 227.5M | 143.1M | |
Short Term Investments | 66.5M | 26.7M | 40.4M | 40.3M | 20.9M | 19.9M | |
Property Plant Equipment | 769.5M | 3.6B | 3.2B | 3.6B | 4.1B | 4.3B |
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SSR Mining. If investors know SSR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SSR Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Earnings Share (2.38) | Revenue Per Share 5.423 | Quarterly Revenue Growth (0.33) | Return On Assets (0.02) |
The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining'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.