Silver Other Current Liab vs Net Invested Capital Analysis

AGX Stock

0.21 0.01 4.55%

Silver X financial indicator trend analysis is much more than just breaking down Silver X Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver X Mining is a good investment. Please check the relationship between Silver X Other Current Liab and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Silver X 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 board of governors.

Other Current Liab vs Net Invested Capital

Other Current Liab vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver X Mining Other Current Liab account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Silver X's Other Current Liab and Net Invested Capital is -0.28. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Silver X Mining, assuming nothing else is changed. The correlation between historical values of Silver X's Other Current Liab and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Silver X Mining are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Other Current Liab i.e., Silver X's Other Current Liab and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Liab

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Silver X's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver X 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Silver X 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 board of governors.

Issuance Of Capital Stock is likely to climb to about 2.6 M in 2024, whereas Tax Provision is likely to drop slightly above 849.9 K in 2024.

	2010	2021	2023	2024 (projected)
Reconciled Depreciation	1.7K	997.5K	2.1M	1.1M
Total Operating Expenses	3.8M	18.3M	21.7M	16.1M

Reconciled Depreciation Total Operating Expenses

Silver X fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Liab	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock	Net Working Capital	Other Current Assets	Net Debt	Non Currrent Assets Other	Short Long Term Debt
Total Current Liabilities		0.87	-0.98	1.0	0.66	0.77	0.97	0.74	0.87	-0.72	0.91	0.85	0.85	0.66	0.91	0.98	0.94	0.85	0.88	0.94	-1.0	0.83	0.75	-0.53	-0.75
Net Tangible Assets	0.87		-0.89	0.88	0.6	0.92	0.93	0.91	1.0	-0.6	0.85	0.82	0.93	0.91	0.84	0.86	0.83	0.83	0.94	0.88	-0.83	0.72	0.63	-0.45	-0.63
Retained Earnings	-0.98	-0.89		-0.98	-0.55	-0.8	-0.94	-0.75	-0.89	0.79	-0.85	-0.76	-0.8	-0.64	-0.84	-0.95	-0.91	-0.76	-0.84	-0.9	0.98	-0.88	-0.85	0.56	0.83
Accounts Payable	1.0	0.88	-0.98		0.62	0.78	0.97	0.74	0.88	-0.72	0.9	0.84	0.85	0.66	0.9	0.98	0.94	0.84	0.88	0.94	-0.99	0.86	0.76	-0.54	-0.75
Net Receivables	0.66	0.6	-0.55	0.62		0.57	0.74	0.59	0.6	-0.13	0.81	0.85	0.79	0.64	0.81	0.7	0.72	0.85	0.77	0.75	-0.63	0.19	0.12	-0.12	-0.13
Other Stockholder Equity	0.77	0.92	-0.8	0.78	0.57		0.85	0.99	0.92	-0.36	0.85	0.8	0.9	0.85	0.84	0.83	0.85	0.8	0.92	0.89	-0.75	0.72	0.5	-0.09	-0.44
Total Current Assets	0.97	0.93	-0.94	0.97	0.74	0.85		0.83	0.93	-0.6	0.96	0.93	0.95	0.8	0.96	0.97	0.95	0.93	0.96	0.97	-0.95	0.77	0.63	-0.44	-0.62
Common Stock	0.74	0.91	-0.75	0.74	0.59	0.99	0.83		0.91	-0.28	0.84	0.82	0.91	0.87	0.84	0.81	0.83	0.82	0.92	0.88	-0.71	0.67	0.42	-0.03	-0.36
Property Plant Equipment	0.87	1.0	-0.89	0.88	0.6	0.92	0.93	0.91		-0.6	0.84	0.82	0.92	0.91	0.84	0.86	0.83	0.82	0.94	0.88	-0.84	0.72	0.64	-0.45	-0.63
Other Current Liab	-0.72	-0.6	0.79	-0.72	-0.13	-0.36	-0.6	-0.28	-0.6		-0.37	-0.28	-0.36	-0.29	-0.37	-0.58	-0.46	-0.28	-0.4	-0.46	0.73	-0.68	-0.95	0.89	0.98
Total Assets	0.91	0.85	-0.85	0.9	0.81	0.85	0.96	0.84	0.84	-0.37		0.98	0.96	0.76	1.0	0.96	0.97	0.98	0.97	0.99	-0.89	0.7	0.44	-0.21	-0.41
Total Stockholder Equity	0.85	0.82	-0.76	0.84	0.85	0.8	0.93	0.82	0.82	-0.28	0.98		0.97	0.82	0.98	0.89	0.91	1.0	0.97	0.94	-0.81	0.57	0.3	-0.19	-0.29
Property Plant And Equipment Net	0.85	0.93	-0.8	0.85	0.79	0.9	0.95	0.91	0.92	-0.36	0.96	0.97		0.92	0.96	0.89	0.9	0.97	1.0	0.95	-0.81	0.62	0.39	-0.25	-0.38
Cash	0.66	0.91	-0.64	0.66	0.64	0.85	0.8	0.87	0.91	-0.29	0.76	0.82	0.92		0.76	0.67	0.66	0.81	0.89	0.75	-0.59	0.42	0.27	-0.27	-0.29
Non Current Assets Total	0.91	0.84	-0.84	0.9	0.81	0.84	0.96	0.84	0.84	-0.37	1.0	0.98	0.96	0.76		0.96	0.97	0.98	0.97	0.99	-0.89	0.69	0.43	-0.21	-0.41
Common Stock Shares Outstanding	0.98	0.86	-0.95	0.98	0.7	0.83	0.97	0.81	0.86	-0.58	0.96	0.89	0.89	0.67	0.96		0.99	0.9	0.92	0.98	-0.98	0.83	0.67	-0.36	-0.64
Total Liab	0.94	0.83	-0.91	0.94	0.72	0.85	0.95	0.83	0.83	-0.46	0.97	0.91	0.9	0.66	0.97	0.99		0.91	0.92	0.99	-0.94	0.81	0.58	-0.22	-0.53
Net Invested Capital	0.85	0.83	-0.76	0.84	0.85	0.8	0.93	0.82	0.82	-0.28	0.98	1.0	0.97	0.81	0.98	0.9	0.91		0.97	0.95	-0.82	0.58	0.31	-0.19	-0.3
Property Plant And Equipment Gross	0.88	0.94	-0.84	0.88	0.77	0.92	0.96	0.92	0.94	-0.4	0.97	0.97	1.0	0.89	0.97	0.92	0.92	0.97		0.97	-0.85	0.67	0.45	-0.25	-0.43
Capital Stock	0.94	0.88	-0.9	0.94	0.75	0.89	0.97	0.88	0.88	-0.46	0.99	0.94	0.95	0.75	0.99	0.98	0.99	0.95	0.97		-0.93	0.78	0.55	-0.24	-0.51
Net Working Capital	-1.0	-0.83	0.98	-0.99	-0.63	-0.75	-0.95	-0.71	-0.84	0.73	-0.89	-0.81	-0.81	-0.59	-0.89	-0.98	-0.94	-0.82	-0.85	-0.93		-0.86	-0.78	0.52	0.77
Other Current Assets	0.83	0.72	-0.88	0.86	0.19	0.72	0.77	0.67	0.72	-0.68	0.7	0.57	0.62	0.42	0.69	0.83	0.81	0.58	0.67	0.78	-0.86		0.81	-0.35	-0.76
Net Debt	0.75	0.63	-0.85	0.76	0.12	0.5	0.63	0.42	0.64	-0.95	0.44	0.3	0.39	0.27	0.43	0.67	0.58	0.31	0.45	0.55	-0.78	0.81		-0.69	-0.99
Non Currrent Assets Other	-0.53	-0.45	0.56	-0.54	-0.12	-0.09	-0.44	-0.03	-0.45	0.89	-0.21	-0.19	-0.25	-0.27	-0.21	-0.36	-0.22	-0.19	-0.25	-0.24	0.52	-0.35	-0.69		0.8
Short Long Term Debt	-0.75	-0.63	0.83	-0.75	-0.13	-0.44	-0.62	-0.36	-0.63	0.98	-0.41	-0.29	-0.38	-0.29	-0.41	-0.64	-0.53	-0.3	-0.43	-0.51	0.77	-0.76	-0.99	0.8

Click cells to compare fundamentals

Silver X Account Relationship Matchups

Silver X fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	760.7K	658.3K	335.9K	17.0M	21.2M	22.2M
Retained Earnings	(14.4M)	(14.8M)	(19.8M)	(40.7M)	(62.1M)	(59.0M)
Accounts Payable	257.3K	333.4K	8.0M	9.5M	11.2M	11.8M
Net Receivables	9.2K	9.8K	1.4M	453.1K	214.0K	330.7K
Total Current Assets	14.0K	62.3K	1.7M	6.4M	6.0M	6.4M

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 X's price analysis, check to measure Silver X'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 X is operating at the current time. Most of Silver X's value examination focuses on studying past and present price action to predict the probability of Silver X'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 X's price. Additionally, you may evaluate how the addition of Silver X to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC