Solaris Historical Balance Sheet

SLS Stock

4.51 0.23 5.37%

Trend analysis of Solaris Resources balance sheet accounts such as Property Plant And Equipment Net of 23.5 M, Accounts Payable of 4.4 M, Cash of 26.3 M or Non Current Assets Total of 24.8 M provides information on Solaris Resources' total assets, liabilities, and equity, which is the actual value of Solaris Resources to its prevalent stockholders. By breaking down trends over time using Solaris Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Solaris Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Solaris Resources is a good buy for the upcoming year.

Solaris Resources Inventory

100,650

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solaris Resources. 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.

About Solaris Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Solaris Resources at a specified time, usually calculated after every quarter, six months, or one year. Solaris Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Solaris Resources 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 Solaris currently owns. An asset can also be divided into two categories, current and non-current.

Solaris Resources Balance Sheet Chart

At this time, Solaris Resources' Total Liabilities is very stable compared to the past year. As of the 22nd of December 2024, Cash And Equivalents is likely to grow to about 23.6 M, while Total Assets are likely to drop about 51.5 M.

Total Stockholder Equity Property Plant And Equipment Net Net Debt Non Current Assets Total Total Current Assets Net Invested Capital

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Invested Capital

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

Most accounts from Solaris Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Solaris Resources current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Solaris Resources. 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.

	2021	2022	2023	2024 (projected)
Total Current Liabilities	12.7M	8.8M	5.4M	5.5M
Total Assets	57.7M	38.5M	61.8M	51.5M

Total Current Liabilities Total Assets

Solaris Resources balance sheet Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Cash And Equivalents	Common Stock	Property Plant Equipment	Other Liab	Non Currrent Assets Other	Other Assets	Non Current Liabilities Total	Net Invested Capital	Capital Stock
Total Assets		0.76	0.9	0.98	0.58	-0.91	-0.57	0.62	1.0	0.37	1.0	0.44	0.65	0.64	0.78	0.61	1.0	0.96	0.73	0.59	0.15	-0.44	-0.81	0.4	0.99	0.72
Total Current Liabilities	0.76		0.61	0.73	0.85	-0.69	-0.71	0.97	0.74	0.44	0.74	0.76	0.73	0.88	0.59	0.58	0.75	0.73	0.81	0.66	0.48	-0.58	-0.79	0.27	0.65	0.8
Total Stockholder Equity	0.9	0.61		0.93	0.37	-0.98	-0.24	0.41	0.91	0.25	0.91	0.13	0.35	0.51	0.61	0.29	0.91	0.98	0.42	0.2	-0.24	-0.33	-0.66	0.08	0.92	0.41
Net Tangible Assets	0.98	0.73	0.93		0.54	-0.93	-0.52	0.57	0.98	0.33	0.98	0.43	0.59	0.54	0.82	0.52	0.98	0.97	0.7	0.51	0.05	-0.45	-0.78	0.3	0.97	0.7
Property Plant And Equipment Net	0.58	0.85	0.37	0.54		-0.37	-0.91	0.88	0.53	0.61	0.53	0.88	0.77	0.68	0.7	0.81	0.54	0.49	0.82	0.78	0.62	-0.48	-0.73	0.6	0.48	0.83
Net Debt	-0.91	-0.69	-0.98	-0.93	-0.37		0.25	-0.5	-0.92	-0.17	-0.92	-0.19	-0.38	-0.58	-0.57	-0.24	-0.92	-0.98	-0.48	-0.24	0.17	0.43	0.66	0.01	-0.89	-0.46
Retained Earnings	-0.57	-0.71	-0.24	-0.52	-0.91	0.25		-0.77	-0.53	-0.57	-0.53	-0.92	-0.86	-0.52	-0.81	-0.93	-0.54	-0.39	-0.92	-0.95	-0.75	0.44	0.69	-0.81	-0.5	-0.94
Accounts Payable	0.62	0.97	0.41	0.57	0.88	-0.5	-0.77		0.59	0.47	0.59	0.85	0.77	0.85	0.53	0.61	0.59	0.55	0.83	0.73	0.65	-0.55	-0.74	0.32	0.48	0.82
Cash	1.0	0.74	0.91	0.98	0.53	-0.92	-0.53	0.59		0.29	1.0	0.4	0.6	0.62	0.77	0.57	1.0	0.97	0.7	0.56	0.09	-0.48	-0.76	0.37	0.99	0.7
Non Current Assets Total	0.37	0.44	0.25	0.33	0.61	-0.17	-0.57	0.47	0.29		0.29	0.52	0.74	0.4	0.43	0.55	0.29	0.26	0.49	0.46	0.56	0.36	-0.8	0.44	0.32	0.49
Cash And Short Term Investments	1.0	0.74	0.91	0.98	0.53	-0.92	-0.53	0.59	1.0	0.29		0.4	0.6	0.62	0.77	0.57	1.0	0.97	0.7	0.56	0.09	-0.48	-0.76	0.37	0.99	0.7
Net Receivables	0.44	0.76	0.13	0.43	0.88	-0.19	-0.92	0.85	0.4	0.52	0.4		0.83	0.51	0.68	0.73	0.41	0.29	0.91	0.87	0.81	-0.45	-0.65	0.55	0.33	0.92
Common Stock Shares Outstanding	0.65	0.73	0.35	0.59	0.77	-0.38	-0.86	0.77	0.6	0.74	0.6	0.83		0.61	0.7	0.78	0.6	0.47	0.89	0.86	0.75	-0.23	-0.83	0.61	0.57	0.88
Other Current Assets	0.64	0.88	0.51	0.54	0.68	-0.58	-0.52	0.85	0.62	0.4	0.62	0.51	0.61		0.27	0.51	0.63	0.61	0.58	0.53	0.45	-0.42	-0.68	0.24	0.54	0.57
Other Stockholder Equity	0.78	0.59	0.61	0.82	0.7	-0.57	-0.81	0.53	0.77	0.43	0.77	0.68	0.7	0.27		0.77	0.77	0.68	0.83	0.73	0.29	-0.44	-0.69	0.66	0.78	0.84
Total Liab	0.61	0.58	0.29	0.52	0.81	-0.24	-0.93	0.61	0.57	0.55	0.57	0.73	0.78	0.51	0.77		0.58	0.41	0.8	0.91	0.64	-0.36	-0.64	0.94	0.58	0.83
Total Current Assets	1.0	0.75	0.91	0.98	0.54	-0.92	-0.54	0.59	1.0	0.29	1.0	0.41	0.6	0.63	0.77	0.58		0.96	0.71	0.56	0.1	-0.49	-0.77	0.37	0.99	0.7
Cash And Equivalents	0.96	0.73	0.98	0.97	0.49	-0.98	-0.39	0.55	0.97	0.26	0.97	0.29	0.47	0.61	0.68	0.41	0.96		0.56	0.36	-0.08	-0.46	-0.72	0.18	0.95	0.56
Common Stock	0.73	0.81	0.42	0.7	0.82	-0.48	-0.92	0.83	0.7	0.49	0.7	0.91	0.89	0.58	0.83	0.8	0.71	0.56		0.93	0.7	-0.5	-0.78	0.61	0.65	1.0
Property Plant Equipment	0.59	0.66	0.2	0.51	0.78	-0.24	-0.95	0.73	0.56	0.46	0.56	0.87	0.86	0.53	0.73	0.91	0.56	0.36	0.93		0.81	-0.43	-0.65	0.81	0.52	0.94
Other Liab	0.15	0.48	-0.24	0.05	0.62	0.17	-0.75	0.65	0.09	0.56	0.09	0.81	0.75	0.45	0.29	0.64	0.1	-0.08	0.7	0.81		-0.06	-0.51	0.56	0.04	0.7
Non Currrent Assets Other	-0.44	-0.58	-0.33	-0.45	-0.48	0.43	0.44	-0.55	-0.48	0.36	-0.48	-0.45	-0.23	-0.42	-0.44	-0.36	-0.49	-0.46	-0.5	-0.43	-0.06		0.07	-0.2	-0.39	-0.51
Other Assets	-0.81	-0.79	-0.66	-0.78	-0.73	0.66	0.69	-0.74	-0.76	-0.8	-0.76	-0.65	-0.83	-0.68	-0.69	-0.64	-0.77	-0.72	-0.78	-0.65	-0.51	0.07		-0.41	-0.75	-0.77
Non Current Liabilities Total	0.4	0.27	0.08	0.3	0.6	0.01	-0.81	0.32	0.37	0.44	0.37	0.55	0.61	0.24	0.66	0.94	0.37	0.18	0.61	0.81	0.56	-0.2	-0.41		0.41	0.65
Net Invested Capital	0.99	0.65	0.92	0.97	0.48	-0.89	-0.5	0.48	0.99	0.32	0.99	0.33	0.57	0.54	0.78	0.58	0.99	0.95	0.65	0.52	0.04	-0.39	-0.75	0.41		0.65
Capital Stock	0.72	0.8	0.41	0.7	0.83	-0.46	-0.94	0.82	0.7	0.49	0.7	0.92	0.88	0.57	0.84	0.83	0.7	0.56	1.0	0.94	0.7	-0.51	-0.77	0.65	0.65

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Solaris Resources Account Relationship Matchups

Solaris Resources balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	32.3M	94.9M	57.7M	38.5M	61.8M	51.5M
Total Current Liabilities	456K	7.3M	12.7M	8.8M	5.4M	5.5M
Total Stockholder Equity	22.5M	78.6M	35.2M	20.3M	17.5M	31.3M
Net Tangible Assets	12.9M	20.7M	78.6M	35.2M	40.5M	35.2M
Property Plant And Equipment Net	20.3M	21.0M	22.7M	23.0M	21.9M	23.5M
Net Debt	(6.0M)	(73.5M)	(33.6M)	(14.5M)	(9.4M)	(9.9M)
Retained Earnings	(21.4M)	(49.1M)	(105.9M)	(164.6M)	(205.6M)	(195.3M)
Accounts Payable	379K	3.2M	10.8M	8.3M	5.3M	4.4M
Cash	6.1M	73.6M	33.9M	14.8M	38.9M	26.3M
Non Current Assets Total	26.2M	21.1M	22.8M	23.3M	22.4M	24.8M
Cash And Short Term Investments	6.1M	73.6M	33.9M	14.8M	38.9M	26.3M
Long Term Debt Total	65K	79K	188K	90K	103.5K	77.4K
Liabilities And Stockholders Equity	32.3M	94.9M	57.7M	38.5M	61.8M	51.5M
Other Current Assets	98K	244K	724K	137K	230K	242K
Other Stockholder Equity	811K	16.5M	0.0	13.9M	15.1M	15.9M
Total Liab	2.0M	8.4M	14.5M	10.3M	36.4M	38.2M
Total Current Assets	6.2M	73.8M	34.9M	15.3M	39.4M	26.7M
Cash And Equivalents	6.1M	73.6M	33.9M	14.8M	17.0M	23.6M
Short Term Debt	32K	56K	136K	145K	88K	71.8K
Common Stock	43.1M	110.2M	119.6M	170.0M	206.4M	111.3M
Property Plant Equipment	20.3M	21.0M	22.7M	23.0M	26.4M	23.4M
Non Currrent Assets Other	5.8M	70K	74K	313K	571K	1.1M
Other Assets	0.0	70K	74K	313K	281.7K	340.8K
Non Current Liabilities Total	1.6M	1.0M	1.9M	1.5M	31.0M	32.6M
Capital Lease Obligations	97K	135K	324K	235K	91K	161.7K
Net Invested Capital	22.5M	78.6M	35.2M	20.3M	46.9M	39.7M
Accumulated Other Comprehensive Income	811K	1.0M	21.6M	1.0M	1.6M	1.5M
Capital Stock	43.1M	110.2M	119.6M	170.0M	206.4M	125.0M
Net Working Capital	5.7M	66.5M	22.2M	6.4M	34.0M	24.8M

Pair Trading with Solaris Resources

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 Solaris Resources 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 Solaris Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Solaris Stock

0.71	FDY	Faraday Copper Corp	Pair Corr
0.69	INFM	Infinico Metals Corp	Pair Corr
0.65	ORE	Orezone Gold Corp	Pair Corr
0.51	PIC-A	Premium Income Split	Pair Corr
0.44	AG	First Majestic Silver	Pair Corr

The ability to find closely correlated positions to Solaris Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solaris Resources 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 Solaris Resources - 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 Solaris Resources to buy it.

The correlation of Solaris Resources 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 Solaris Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solaris Resources 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 Solaris Resources 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 Solaris Stock

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Solaris Historical Balance Sheet

Solaris Resources Inventory

100,650

About Solaris Balance Sheet Analysis

Solaris Resources Balance Sheet Chart

Total Stockholder Equity

Property Plant And Equipment Net

Net Debt

Non Current Assets Total

Total Current Assets

Net Invested Capital

Solaris Resources balance sheet Correlations

Solaris Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Solaris Resources balance sheet Accounts

Pair Trading with Solaris Resources

Moving against Solaris Stock

Other Information on Investing in Solaris Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments

Cash And Equivalents	- 0.98	Net Debt
Net Debt	- 0.98	Total Stockholder Equity
Property Plant Equipment	- 0.95	Retained Earnings
Capital Stock	- 0.94	Retained Earnings
Total Liab	- 0.93	Retained Earnings
Net Debt	- 0.93	Net Tangible Assets