SSR Total Assets vs Good Will Analysis

SSRM Stock  USD 5.91  0.08  1.34%   
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 Total Assets and its Good Will 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.

Total Assets vs Good Will

Total Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SSR Mining Total Assets account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SSR Mining's Total Assets and Good Will is -0.28. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Good Will 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 Total Assets and Good Will 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 Assets of SSR Mining are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Assets i.e., SSR Mining's Total Assets and Good Will go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of SSR Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SSR Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 25th 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 Profit574.9M358.6M408.8M429.2M
Total Revenue1.5B1.1B1.4B1.5B

SSR Mining fundamental ratios Correlations

0.710.591.00.99-0.620.690.681.00.620.771.00.940.780.350.970.980.931.00.60.950.960.960.60.760.97
0.710.470.720.69-0.470.490.530.690.530.590.70.70.650.190.70.680.70.720.50.690.690.660.550.590.65
0.590.470.620.53-0.70.410.810.540.790.680.540.620.260.460.650.490.730.610.650.470.530.540.740.810.52
1.00.720.620.99-0.650.730.710.990.650.760.990.940.770.390.960.970.940.990.630.940.940.950.640.770.96
0.990.690.530.99-0.550.690.621.00.540.740.990.920.810.290.950.990.890.990.570.960.950.970.550.710.97
-0.62-0.47-0.7-0.65-0.55-0.44-0.94-0.56-0.89-0.67-0.59-0.66-0.2-0.61-0.65-0.51-0.8-0.64-0.27-0.54-0.59-0.52-0.74-0.77-0.58
0.690.490.410.730.69-0.440.350.710.330.530.650.620.70.40.510.720.560.640.560.740.470.580.470.290.54
0.680.530.810.710.62-0.940.350.620.970.640.650.720.220.580.760.560.870.720.470.570.70.60.830.930.66
1.00.690.540.991.0-0.560.710.620.550.740.990.920.810.310.940.990.890.990.580.960.940.960.550.710.97
0.620.530.790.650.54-0.890.330.970.550.580.590.680.140.610.710.480.840.660.520.50.650.530.820.910.59
0.770.590.680.760.74-0.670.530.640.740.580.770.750.550.220.760.730.80.760.280.740.690.720.350.620.72
1.00.70.540.990.99-0.590.650.650.990.590.770.940.790.310.970.980.920.990.550.950.970.970.540.740.98
0.940.70.620.940.92-0.660.620.720.920.680.750.940.770.430.940.920.960.950.610.890.920.950.610.790.92
0.780.650.260.770.81-0.20.70.220.810.140.550.790.770.060.670.870.60.740.490.860.680.820.240.320.73
0.350.190.460.390.29-0.610.40.580.310.610.220.310.430.060.330.310.470.360.260.380.280.210.710.470.23
0.970.70.650.960.95-0.650.510.760.940.710.760.970.940.670.330.910.960.980.60.880.990.950.630.870.97
0.980.680.490.970.99-0.510.720.560.990.480.730.980.920.870.310.910.860.960.550.980.920.960.50.640.95
0.930.70.730.940.89-0.80.560.870.890.840.80.920.960.60.470.960.860.950.60.840.930.890.710.90.91
1.00.720.610.990.99-0.640.640.720.990.660.760.990.950.740.360.980.960.950.60.930.970.960.630.810.98
0.60.50.650.630.57-0.270.560.470.580.520.280.550.610.490.260.60.550.60.60.50.550.590.650.620.53
0.950.690.470.940.96-0.540.740.570.960.50.740.950.890.860.380.880.980.840.930.50.880.90.530.630.89
0.960.690.530.940.95-0.590.470.70.940.650.690.970.920.680.280.990.920.930.970.550.880.950.570.830.98
0.960.660.540.950.97-0.520.580.60.960.530.720.970.950.820.210.950.960.890.960.590.90.950.480.730.97
0.60.550.740.640.55-0.740.470.830.550.820.350.540.610.240.710.630.50.710.630.650.530.570.480.80.52
0.760.590.810.770.71-0.770.290.930.710.910.620.740.790.320.470.870.640.90.810.620.630.830.730.80.76
0.970.650.520.960.97-0.580.540.660.970.590.720.980.920.730.230.970.950.910.980.530.890.980.970.520.76
Click cells to compare fundamentals

SSR Mining Account Relationship Matchups

SSR Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B5.2B5.2B5.3B5.4B5.7B
Other Current Liab3.5M120.4M110.7M176.3M110.1M115.7M
Total Current Liabilities234.2M248.9M283.9M279.3M170.6M88.5M
Total Stockholder Equity1.1B3.4B3.5B3.6B3.4B3.5B
Property Plant And Equipment Net769.5M3.6B3.2B3.5B3.9B4.1B
Net Debt(219.6M)(347.3M)(529.9M)(248.9M)(170.9M)(162.4M)
Retained Earnings(76.0M)58.5M397.7M521.8M368.1M386.5M
Cash503.6M860.6M1.0B655.5M492.4M256.9M
Non Current Assets Total850.4M3.8B3.6B3.9B4.2B4.4B
Cash And Short Term Investments570.1M887.4M1.1B695.7M513.3M302.9M
Net Receivables71.8M83.2M86.1M62.6M91.3M95.9M
Common Stock Total Equity1.1B3.2B3.1B3.1B3.5B3.7B
Common Stock Shares Outstanding122.7M163.7M228.2M222.5M204.7M214.9M
Liabilities And Stockholders Equity1.8B5.2B5.2B5.3B5.4B5.7B
Other Current Assets4.7M16.2M66.8M206.9M192.9M202.6M
Total Liab616.2M1.3B1.2B1.1B1.1B1.1B
Property Plant And Equipment Gross769.5M3.6B4.2B4.7B5.2B5.5B
Total Current Assets899.7M1.4B1.6B1.4B1.2B1.3B
Common Stock1.1B3.2B3.1B3.1B3.0B3.2B
Accounts Payable33.6M42.9M34.8M78.9M37.1M19.2M
Non Currrent Assets Other30.1M192.4M298.2M276.7M316.3M332.1M
Non Current Liabilities Total382.0M1.1B875.0M849.2M911.0M956.5M
Inventory237.6M437.4M389.4M501.6M515.1M540.9M
Other Assets31.2M197.0M306.7M260.6M1.00.95
Short Long Term Debt Total293.0M513.4M487.6M406.6M320.7M205.1M
Other Liab208.9M619.5M473.6M503.3M578.8M607.7M
Net Tangible Assets1.1B3.4B3.5B3.6B4.1B4.3B
Long Term Debt169.8M319.6M295.5M226.5M227.5M143.1M
Short Term Investments66.5M26.7M40.4M40.3M20.9M19.9M
Property Plant Equipment769.5M3.6B3.2B3.6B4.1B4.3B

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When determining whether SSR Mining is a strong investment it is important to analyze SSR Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SSR Mining's future performance. For an informed investment choice regarding SSR Stock, refer to the following important reports:
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.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.