Silver Net Tangible Assets vs Inventory Analysis

SBDS Stock   62.50  1.00  1.57%   
Silver Bullet financial indicator trend analysis is much more than just breaking down Silver Bullet Data prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver Bullet Data is a good investment. Please check the relationship between Silver Bullet Net Tangible Assets and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Bullet Data. 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.

Net Tangible Assets vs Inventory

Net Tangible Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Bullet Data Net Tangible Assets account and Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Silver Bullet's Net Tangible Assets and Inventory is -0.8. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Silver Bullet Data, assuming nothing else is changed. The correlation between historical values of Silver Bullet's Net Tangible Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Silver Bullet Data are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Tangible Assets i.e., Silver Bullet's Net Tangible Assets and Inventory go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Inventory

Most indicators from Silver Bullet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver Bullet Data 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 Bullet Data. 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.
Tax Provision is likely to drop to about (289.9 K) in 2024. Discontinued Operations is likely to drop to about (1.1 M) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense18.9K188.6K488.7K513.1K
Depreciation And Amortization512.1K790.3K836.4K628.9K

Silver Bullet fundamental ratios Correlations

0.50.690.780.960.740.460.880.69-0.550.250.760.780.890.740.780.750.880.220.570.9-0.460.530.210.780.74
0.50.330.610.290.840.730.66-0.040.410.50.74-0.070.690.82-0.070.810.690.860.970.7-0.930.69-0.360.830.82
0.690.330.920.580.460.020.710.87-0.260.090.70.40.80.390.40.470.850.00.270.67-0.20.170.180.730.39
0.780.610.920.630.640.220.770.73-0.160.130.910.410.880.580.410.690.940.320.540.8-0.440.30.160.890.58
0.960.290.580.630.60.360.770.7-0.720.150.590.890.760.620.890.580.740.030.390.77-0.270.410.330.580.62
0.740.840.460.640.60.890.880.260.090.760.690.210.881.00.210.920.830.520.920.88-0.830.87-0.450.851.0
0.460.730.020.220.360.890.64-0.120.250.880.35-0.010.590.92-0.010.770.490.490.850.64-0.80.91-0.680.560.92
0.880.660.710.770.770.880.640.54-0.190.550.690.450.970.870.450.810.930.350.740.92-0.70.78-0.180.880.87
0.69-0.040.870.730.70.26-0.120.54-0.63-0.040.510.670.630.210.670.30.67-0.38-0.050.540.17-0.040.380.450.21
-0.550.41-0.26-0.16-0.720.090.25-0.19-0.630.38-0.11-0.94-0.170.07-0.940.02-0.170.450.31-0.22-0.390.17-0.710.020.07
0.250.50.090.130.150.760.880.55-0.040.380.13-0.230.50.76-0.230.590.390.180.620.49-0.590.81-0.880.410.76
0.760.740.70.910.590.690.350.690.51-0.110.130.390.820.650.390.840.880.570.670.85-0.570.390.120.920.65
0.78-0.070.40.410.890.21-0.010.450.67-0.94-0.230.390.440.231.00.280.45-0.170.020.50.080.080.640.280.23
0.890.690.80.880.760.880.590.970.63-0.170.50.820.440.850.440.860.990.360.730.96-0.660.69-0.130.940.85
0.740.820.390.580.621.00.920.870.210.070.760.650.230.850.230.910.790.520.910.87-0.830.89-0.450.811.0
0.78-0.070.40.410.890.21-0.010.450.67-0.94-0.230.391.00.440.230.280.45-0.170.020.50.080.080.640.280.23
0.750.810.470.690.580.920.770.810.30.020.590.840.280.860.910.280.850.590.860.94-0.770.78-0.320.910.91
0.880.690.850.940.740.830.490.930.67-0.170.390.880.450.990.790.450.850.370.70.95-0.610.59-0.040.960.79
0.220.860.00.320.030.520.490.35-0.380.450.180.57-0.170.360.52-0.170.590.370.810.43-0.860.54-0.20.60.52
0.570.970.270.540.390.920.850.74-0.050.310.620.670.020.730.910.020.860.70.810.75-0.960.83-0.430.810.91
0.90.70.670.80.770.880.640.920.54-0.220.490.850.50.960.870.50.940.950.430.75-0.670.74-0.130.940.87
-0.46-0.93-0.2-0.44-0.27-0.83-0.8-0.70.17-0.39-0.59-0.570.08-0.66-0.830.08-0.77-0.61-0.86-0.96-0.67-0.860.46-0.76-0.83
0.530.690.170.30.410.870.910.78-0.040.170.810.390.080.690.890.080.780.590.540.830.74-0.86-0.610.660.89
0.21-0.360.180.160.33-0.45-0.68-0.180.38-0.71-0.880.120.64-0.13-0.450.64-0.32-0.04-0.2-0.43-0.130.46-0.61-0.15-0.45
0.780.830.730.890.580.850.560.880.450.020.410.920.280.940.810.280.910.960.60.810.94-0.760.66-0.150.81
0.740.820.390.580.621.00.920.870.210.070.760.650.230.851.00.230.910.790.520.910.87-0.830.89-0.450.81
Click cells to compare fundamentals

Silver Bullet Account Relationship Matchups

Silver Bullet fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7M19.1M12.6M10.8M10.4M11.2M
Short Long Term Debt Total837.1K188.6K159.7K1.8M3.0M3.2M
Other Current Liab2.3M1.5M1.5M1.3M1.1M1.1M
Total Current Liabilities4.4M3.3M2.6M2.4M3.3M3.1M
Total Stockholder Equity2.2M15.4M9.2M6.0M4.0M6.9M
Property Plant And Equipment Net28.2K36.9K42.1K53.8K35.3K37.8K
Net Debt580.2K(11.6M)(3.5M)487.0K2.4M2.5M
Retained Earnings(27.1M)(32.2M)(811.4K)(7.7M)(10.7M)(11.2M)
Accounts Payable905.1K900.8K525.3K530.3K1.2M804.2K
Cash256.9K11.8M3.7M1.4M677.9K644.0K
Non Current Assets Total5.3M5.6M6.6M7.0M6.4M5.7M
Long Term Debt17.7K188.6K143.6K1.8M2.6M2.8M
Cash And Short Term Investments256.9K11.8M3.7M1.4M677.9K644.0K
Net Receivables891.0K1.3M1.6M1.5M2.5M1.5M
Liabilities And Stockholders Equity6.7M19.1M12.6M10.8M10.4M11.2M
Non Current Liabilities Total119.0K412.5K691.5K2.4M3.1M3.3M
Other Current Assets270.1K456.0K714.4K1.0M833.5K680.6K
Other Stockholder Equity28.6M46.5M8.6M10.8M11.7M17.0M
Total Liab4.5M3.7M3.3M4.8M6.4M4.4M
Net Invested Capital3.1M188.6K9.4M7.8M7.0M5.2M
Short Long Term Debt819.4K0.016.1K41.2K425.0K446.3K
Total Current Assets1.4M13.5M6.0M3.8M4.0M5.5M
Accumulated Other Comprehensive Income762.7K1.1M1.3M2.7M2.7M1.7M
Capital Stock4.5K8.3K134.2K159.4K173.9K88.4K
Net Working Capital(3.0M)10.2M3.3M1.5M752.6K714.9K
Intangible Assets592.5K1.2M2.2M2.5M2.0M1.6M
Common Stock4.5K8.3K134.2K159.4K173.9K88.4K

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