Silver Net Invested Capital vs Short Term Investments Analysis

SPD Stock  CAD 0.06  0.01  7.69%   
Silver Predator financial indicator trend analysis is much more than just breaking down Silver Predator Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver Predator Corp is a good investment. Please check the relationship between Silver Predator Net Invested Capital and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Predator 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.

Net Invested Capital vs Short Term Investments

Net Invested Capital vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Predator Corp Net Invested Capital account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Silver Predator's Net Invested Capital and Short Term Investments is -0.28. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Silver Predator Corp, assuming nothing else is changed. The correlation between historical values of Silver Predator's Net Invested Capital and Short Term Investments 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 Invested Capital of Silver Predator Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Invested Capital i.e., Silver Predator's Net Invested Capital and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Invested Capital

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

Short Term Investments

Short Term Investments is an item under the current assets section of Silver Predator balance sheet. It contains any investments Silver Predator Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Silver Predator Corp can easily liquidate in the marketplace.
Most indicators from Silver Predator's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver Predator 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Predator 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.
Selling General Administrative is likely to climb to about 304.7 K in 2024, whereas Tax Provision is likely to drop 92.15 in 2024.

Silver Predator fundamental ratios Correlations

0.410.970.970.97-0.130.230.950.330.89-0.28-0.840.880.340.22-0.590.960.760.78-0.33-0.19-0.14-0.270.30.24
0.410.170.180.19-0.18-0.180.180.060.230.57-0.160.770.990.8-0.350.180.540.61-0.38-0.28-0.25-0.320.320.29
0.970.171.00.99-0.090.310.980.340.89-0.48-0.860.740.110.0-0.540.980.680.67-0.22-0.1-0.06-0.20.260.2
0.970.181.01.0-0.080.290.980.340.89-0.47-0.870.740.110.0-0.560.990.660.67-0.25-0.11-0.07-0.220.270.22
0.970.190.991.0-0.040.250.990.360.9-0.48-0.90.760.12-0.02-0.60.990.650.69-0.31-0.19-0.16-0.280.340.28
-0.13-0.18-0.09-0.08-0.04-0.130.00.70.2-0.41-0.15-0.14-0.27-0.32-0.26-0.03-0.320.14-0.41-0.36-0.35-0.350.370.32
0.23-0.180.310.290.25-0.130.250.080.07-0.37-0.03-0.02-0.15-0.210.480.270.480.270.480.40.380.71-0.52-0.73
0.950.180.980.980.990.00.250.380.88-0.53-0.940.740.1-0.09-0.631.00.60.67-0.37-0.26-0.22-0.310.320.28
0.330.060.340.340.360.70.080.380.61-0.49-0.420.27-0.06-0.08-0.350.370.10.35-0.34-0.27-0.22-0.260.190.18
0.890.230.890.890.90.20.070.880.61-0.37-0.820.760.110.14-0.680.870.570.71-0.43-0.28-0.22-0.390.40.36
-0.280.57-0.48-0.47-0.48-0.41-0.37-0.53-0.49-0.370.550.130.610.810.17-0.520.090.010.020.010.020.02-0.05-0.04
-0.84-0.16-0.86-0.87-0.9-0.15-0.03-0.94-0.42-0.820.55-0.67-0.080.190.82-0.93-0.34-0.540.620.510.410.58-0.41-0.45
0.880.770.740.740.76-0.14-0.020.740.270.760.13-0.670.70.56-0.640.740.770.84-0.48-0.35-0.3-0.410.420.37
0.340.990.110.110.12-0.27-0.150.1-0.060.110.61-0.080.70.8-0.260.110.520.54-0.29-0.2-0.17-0.250.260.22
0.220.80.00.0-0.02-0.32-0.21-0.09-0.080.140.810.190.560.8-0.07-0.080.480.43-0.040.090.14-0.060.070.06
-0.59-0.35-0.54-0.56-0.6-0.260.48-0.63-0.35-0.680.170.82-0.64-0.26-0.07-0.62-0.05-0.430.880.70.560.93-0.61-0.75
0.960.180.980.990.99-0.030.271.00.370.87-0.52-0.930.740.11-0.08-0.620.610.66-0.36-0.25-0.2-0.30.290.24
0.760.540.680.660.65-0.320.480.60.10.570.09-0.340.770.520.48-0.050.610.820.080.090.010.240.13-0.12
0.780.610.670.670.690.140.270.670.350.710.01-0.540.840.540.43-0.430.660.82-0.36-0.25-0.28-0.190.430.22
-0.33-0.38-0.22-0.25-0.31-0.410.48-0.37-0.34-0.430.020.62-0.48-0.29-0.040.88-0.360.08-0.360.930.790.9-0.53-0.62
-0.19-0.28-0.1-0.11-0.19-0.360.4-0.26-0.27-0.280.010.51-0.35-0.20.090.7-0.250.09-0.250.930.920.73-0.41-0.45
-0.14-0.25-0.06-0.07-0.16-0.350.38-0.22-0.22-0.220.020.41-0.3-0.170.140.56-0.20.01-0.280.790.920.6-0.56-0.52
-0.27-0.32-0.2-0.22-0.28-0.350.71-0.31-0.26-0.390.020.58-0.41-0.25-0.060.93-0.30.24-0.190.90.730.6-0.63-0.83
0.30.320.260.270.340.37-0.520.320.190.4-0.05-0.410.420.260.07-0.610.290.130.43-0.53-0.41-0.56-0.630.89
0.240.290.20.220.280.32-0.730.280.180.36-0.04-0.450.370.220.06-0.750.24-0.120.22-0.62-0.45-0.52-0.830.89
Click cells to compare fundamentals

Silver Predator Account Relationship Matchups

Silver Predator fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8M1.6M1.6M3.8M3.9M4.0M
Total Current Liabilities291.5K240.3K367.9K17.4K41.3K39.3K
Total Stockholder Equity1.6M1.4M1.2M3.8M3.9M2.7M
Net Tangible Assets1.6M1.4M1.2M3.8M3.4M2.6M
Retained Earnings(36.7M)(36.9M)(37.2M)(35.5M)(35.3M)(37.1M)
Accounts Payable185.0K50.4K29.9K17.4K15.6K14.8K
Cash268.0K61.0K151.8K152.9K974K1.0M
Other Assets82.0K22.9K22.8K18.6K16.7K15.9K
Net Receivables12.4K12.7K53.7K12.3K23.5K45.6K
Other Stockholder Equity5.8M5.7M5.7M6.1M7.1M6.3M
Total Liab291.5K240.3K367.9K17.4K41.3K39.3K
Total Current Assets280.5K73.7K205.5K2.4M1.5M1.6M
Property Plant Equipment1.5M1.5M1.4M1.4M1.3M2.3M
Non Current Assets Total1.6M1.5M1.4M1.4M2.4M1.9M
Non Currrent Assets Other82.0K22.9K22.8K18.6K86.6K52.2K
Net Invested Capital1.6M1.4M1.6M3.8M3.9M2.5M
Net Working Capital(11.1K)(166.6K)(162.4K)2.3M1.4M1.5M

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