Excelsior Working Capital vs Enterprise Value Analysis

MIN Stock

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Excelsior Mining financial indicator trend analysis is much more than just examining Excelsior Mining Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Excelsior Mining Corp is a good investment. Please check the relationship between Excelsior Mining Working Capital and its Enterprise Value accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Excelsior Mining Corp. 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.

Working Capital vs Enterprise Value

Working Capital vs Enterprise Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Excelsior Mining Corp Working Capital account and Enterprise Value. At this time, the significance of the direction appears to have very week relationship.

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

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Excelsior Mining theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Excelsior Mining Corp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Excelsior Mining value than its market capitalization because it takes into account all of Excelsior Mining Corp existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Most indicators from Excelsior Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Excelsior Mining Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Excelsior Mining Corp. 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.

As of the 13th of December 2024, Selling General Administrative is likely to grow to about 3.4 M, while Issuance Of Capital Stock is likely to drop about 66.7 K.

	2023	2024 (projected)
Research Development	1.8M	1.6M
Interest Income	113K	107.4K

Research Development Interest Income

Excelsior Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Accounts Payable	Net Receivables	Other Current Assets	Inventory	Short Term Debt	Short Long Term Debt Total	Property Plant And Equipment Net	Property Plant And Equipment Gross	Other Assets	Common Stock Total Equity	Common Stock	Intangible Assets
Total Assets		0.77	0.71	-0.41	0.21	-0.92	0.41	0.98	0.91	0.41	0.94	0.33	0.96	0.47	0.46	0.37	0.8	0.88	0.36	0.8	0.98	0.98	0.54	0.93	0.92	0.85
Other Current Liab	0.77		0.54	0.07	-0.19	-0.48	0.57	0.7	0.78	0.57	0.64	0.18	0.62	0.62	0.7	0.62	0.76	0.44	-0.02	0.39	0.7	0.69	0.41	0.67	0.68	0.72
Total Current Liabilities	0.71	0.54		-0.15	0.22	-0.6	0.16	0.72	0.75	0.16	0.67	0.43	0.63	0.22	0.38	0.24	0.53	0.76	0.82	0.59	0.71	0.71	0.3	0.63	0.72	0.69
Total Stockholder Equity	-0.41	0.07	-0.15		-0.84	0.66	0.49	-0.55	-0.17	0.49	-0.32	0.03	-0.66	0.44	0.07	0.09	-0.06	-0.61	-0.25	-0.68	-0.56	-0.56	0.25	-0.26	-0.25	-0.12
Net Debt	0.21	-0.19	0.22	-0.84		-0.44	-0.78	0.39	-0.03	-0.78	0.16	0.26	0.44	-0.74	-0.07	-0.04	-0.05	0.5	0.4	0.56	0.4	0.4	-0.45	0.09	0.04	-0.06
Retained Earnings	-0.92	-0.48	-0.6	0.66	-0.44		-0.19	-0.94	-0.78	-0.19	-0.92	-0.37	-0.97	-0.25	-0.24	-0.15	-0.66	-0.96	-0.44	-0.92	-0.94	-0.94	-0.45	-0.89	-0.86	-0.75
Cash	0.41	0.57	0.16	0.49	-0.78	-0.19		0.23	0.56	1.0	0.46	0.04	0.19	1.0	0.26	0.19	0.57	0.1	-0.17	0.0	0.22	0.21	0.81	0.53	0.52	0.56
Non Current Assets Total	0.98	0.7	0.72	-0.55	0.39	-0.94	0.23		0.85	0.23	0.9	0.35	0.98	0.3	0.43	0.35	0.73	0.93	0.42	0.86	1.0	1.0	0.41	0.88	0.87	0.79
Non Currrent Assets Other	0.91	0.78	0.75	-0.17	-0.03	-0.78	0.56	0.85		0.57	0.85	0.35	0.81	0.63	0.4	0.32	0.86	0.76	0.41	0.7	0.84	0.84	0.67	0.89	0.94	0.94
Cash And Short Term Investments	0.41	0.57	0.16	0.49	-0.78	-0.19	1.0	0.23	0.57		0.46	0.04	0.19	1.0	0.26	0.19	0.57	0.1	-0.17	0.01	0.22	0.21	0.81	0.53	0.52	0.56
Common Stock Shares Outstanding	0.94	0.64	0.67	-0.32	0.16	-0.92	0.46	0.9	0.85	0.46		0.5	0.88	0.52	0.36	0.28	0.77	0.9	0.42	0.81	0.9	0.9	0.66	0.98	0.94	0.85
Other Stockholder Equity	0.33	0.18	0.43	0.03	0.26	-0.37	0.04	0.35	0.35	0.04	0.5		0.27	0.06	0.19	0.13	0.57	0.46	0.41	0.39	0.35	0.35	0.33	0.53	0.38	0.39
Total Liab	0.96	0.62	0.63	-0.66	0.44	-0.97	0.19	0.98	0.81	0.19	0.88	0.27		0.25	0.36	0.28	0.68	0.92	0.38	0.88	0.99	0.99	0.37	0.86	0.84	0.74
Total Current Assets	0.47	0.62	0.22	0.44	-0.74	-0.25	1.0	0.3	0.63	1.0	0.52	0.06	0.25		0.29	0.23	0.61	0.16	-0.13	0.07	0.29	0.28	0.82	0.59	0.58	0.62
Accounts Payable	0.46	0.7	0.38	0.07	-0.07	-0.24	0.26	0.43	0.4	0.26	0.36	0.19	0.36	0.29		0.57	0.49	0.19	-0.1	0.18	0.43	0.43	0.01	0.35	0.32	0.43
Net Receivables	0.37	0.62	0.24	0.09	-0.04	-0.15	0.19	0.35	0.32	0.19	0.28	0.13	0.28	0.23	0.57		0.39	0.16	-0.15	0.18	0.35	0.34	0.03	0.25	0.23	0.33
Other Current Assets	0.8	0.76	0.53	-0.06	-0.05	-0.66	0.57	0.73	0.86	0.57	0.77	0.57	0.68	0.61	0.49	0.39		0.6	0.16	0.54	0.72	0.72	0.62	0.84	0.75	0.77
Inventory	0.88	0.44	0.76	-0.61	0.5	-0.96	0.1	0.93	0.76	0.1	0.9	0.46	0.92	0.16	0.19	0.16	0.6		0.65	0.89	0.93	0.93	0.4	0.86	0.85	0.73
Short Term Debt	0.36	-0.02	0.82	-0.25	0.4	-0.44	-0.17	0.42	0.41	-0.17	0.42	0.41	0.38	-0.13	-0.1	-0.15	0.16	0.65		0.47	0.42	0.42	0.14	0.35	0.44	0.35
Short Long Term Debt Total	0.8	0.39	0.59	-0.68	0.56	-0.92	0.0	0.86	0.7	0.01	0.81	0.39	0.88	0.07	0.18	0.18	0.54	0.89	0.47		0.86	0.86	0.32	0.75	0.78	0.7
Property Plant And Equipment Net	0.98	0.7	0.71	-0.56	0.4	-0.94	0.22	1.0	0.84	0.22	0.9	0.35	0.99	0.29	0.43	0.35	0.72	0.93	0.42	0.86		1.0	0.4	0.88	0.87	0.78
Property Plant And Equipment Gross	0.98	0.69	0.71	-0.56	0.4	-0.94	0.21	1.0	0.84	0.21	0.9	0.35	0.99	0.28	0.43	0.34	0.72	0.93	0.42	0.86	1.0		0.4	0.88	0.87	0.78
Other Assets	0.54	0.41	0.3	0.25	-0.45	-0.45	0.81	0.41	0.67	0.81	0.66	0.33	0.37	0.82	0.01	0.03	0.62	0.4	0.14	0.32	0.4	0.4		0.73	0.72	0.67
Common Stock Total Equity	0.93	0.67	0.63	-0.26	0.09	-0.89	0.53	0.88	0.89	0.53	0.98	0.53	0.86	0.59	0.35	0.25	0.84	0.86	0.35	0.75	0.88	0.88	0.73		0.94	0.87
Common Stock	0.92	0.68	0.72	-0.25	0.04	-0.86	0.52	0.87	0.94	0.52	0.94	0.38	0.84	0.58	0.32	0.23	0.75	0.85	0.44	0.78	0.87	0.87	0.72	0.94		0.96
Intangible Assets	0.85	0.72	0.69	-0.12	-0.06	-0.75	0.56	0.79	0.94	0.56	0.85	0.39	0.74	0.62	0.43	0.33	0.77	0.73	0.35	0.7	0.78	0.78	0.67	0.87	0.96

Click cells to compare fundamentals

Excelsior Mining Account Relationship Matchups

Excelsior Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	128.8M	131.9M	159.9M	118.8M	116.4M	122.2M
Other Current Liab	6.6M	6.0M	4.4M	1.5M	1.8M	1.7M
Total Current Liabilities	9.3M	9.0M	5.4M	17.6M	4.5M	3.6M
Total Stockholder Equity	25.5M	6.9M	(34.8M)	(8.3M)	(30.7M)	(29.2M)
Net Debt	(19.9M)	2.6M	(5.0M)	10.2M	14.2M	14.9M
Retained Earnings	(72.9M)	(93.2M)	(154.2M)	(128.0M)	(156.9M)	(149.1M)
Cash	24.9M	13.6M	20.9M	5.6M	6.1M	10.6M
Non Current Assets Total	101.7M	115.8M	136.4M	110.8M	108.0M	113.4M
Non Currrent Assets Other	3.3M	3.3M	3.3M	3.4M	3.1M	1.6M
Cash And Short Term Investments	24.9M	13.6M	20.9M	5.6M	6.2M	10.6M
Common Stock Shares Outstanding	238.8M	239.7M	269.6M	274.8M	278.7M	292.6M
Liabilities And Stockholders Equity	128.8M	131.9M	159.9M	118.8M	116.4M	122.2M
Other Stockholder Equity	9.1M	10.6M	(8.6M)	11.6M	13.4M	14.0M
Total Liab	103.3M	125.0M	194.7M	127.1M	147.1M	154.5M
Total Current Assets	27.1M	16.1M	23.5M	7.9M	8.4M	11.5M
Accounts Payable	2.6M	1.8M	921K	446K	673K	863.2K
Net Receivables	533K	690K	341K	86K	126K	224.2K
Other Current Assets	1.0M	861.0K	455K	476K	776K	814.8K
Inventory	645K	938K	1.3M	1.7M	1.3M	1.4M
Short Term Debt	102K	1.3M	91K	15.7M	2.0M	2.1M
Property Plant And Equipment Net	98.4M	112.5M	133.1M	107.5M	104.9M	110.1M
Property Plant And Equipment Gross	98.4M	112.5M	135.0M	109.6M	107.3M	112.7M
Accumulated Other Comprehensive Income	9.1M	10.6M	11.4M	11.6M	13.4M	7.0M
Other Assets	5.9M	8.8M	3.3M	3.3M	3.8M	3.1M
Common Stock Total Equity	57.2M	88.9M	89.3M	89.5M	102.9M	108.0M
Common Stock	88.9M	89.3M	89.5M	108.0M	112.8M	66.9M
Net Tangible Assets	45.9M	25.5M	6.9M	(34.8M)	(31.3M)	(29.7M)
Property Plant Equipment	98.4M	112.5M	133.1M	107.5M	123.6M	129.8M
Other Liab	19.2M	89.2M	100.7M	173.5M	199.5M	209.5M
Non Current Liabilities Total	94.1M	116.0M	189.3M	109.5M	142.7M	84.3M
Long Term Debt Total	4.9M	15.4M	15.8M	302K	347.3K	329.9K
Net Invested Capital	30.4M	23.0M	(19.4M)	7.1M	(10.8M)	(10.2M)
Cash And Equivalents	24.9M	13.6M	20.9M	5.6M	5.0M	4.8M
Net Working Capital	17.9M	7.1M	18.0M	(9.7M)	4.0M	3.8M

Pair Trading with Excelsior Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Excelsior Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Excelsior Mining will appreciate offsetting losses from the drop in the long position's value.

Moving against Excelsior Stock

0.56	INFM	Infinico Metals Corp	Pair Corr
0.55	ORE	Orezone Gold Corp	Pair Corr
0.54	IAU	i 80 Gold	Pair Corr
0.52	TD	Toronto Dominion Bank	Pair Corr
0.45	AQN	Algonquin Power Utilities	Pair Corr

The ability to find closely correlated positions to Excelsior Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Excelsior Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Excelsior Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Excelsior Mining Corp to buy it.

The correlation of Excelsior Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Excelsior Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Excelsior Mining Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Excelsior Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Excelsior Stock

Balance Sheet is a snapshot of the financial position of Excelsior Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Excelsior Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Excelsior Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Excelsior currently owns. An asset can also be divided into two categories, current and non-current.

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Excelsior Working Capital vs Enterprise Value Analysis

Working Capital vs Enterprise Value

Working Capital vs Enterprise Value Correlation Analysis

Correlation Coefficient

Working Capital

Enterprise Value

Excelsior Mining fundamental ratios Correlations

Excelsior Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Excelsior Mining fundamental ratios Accounts

Pair Trading with Excelsior Mining

Moving against Excelsior Stock

Other Information on Investing in Excelsior Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Property Plant And Equipment Net	+ 1.0	Non Current Assets Total
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Total Current Assets	+ 1.0	Cash And Short Term Investments
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net

Total Liab	- 0.97	Retained Earnings
Inventory	- 0.96	Retained Earnings
Property Plant And Equipment Gross	- 0.94	Retained Earnings
Property Plant And Equipment Net	- 0.94	Retained Earnings
Non Current Assets Total	- 0.94	Retained Earnings
Short Long Term Debt Total	- 0.92	Retained Earnings