Silver Other Assets vs Cash 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 Other Assets and its Cash 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.
Other Assets vs Cash
Other Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Predator Corp Other Assets account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Silver Predator's Other Assets and Cash is 0.25. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash 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 Other Assets and Cash 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 Assets of Silver Predator Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Assets i.e., Silver Predator's Other Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Assets
Cash
Cash refers to the most liquid asset of Silver Predator Corp, which is listed under current asset account on Silver Predator Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Silver Predator customers. The amounts must be unrestricted with restricted cash listed in a different Silver Predator account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
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Silver Predator Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silver Predator fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8M | 1.6M | 1.6M | 3.8M | 3.9M | 4.0M | |
Total Current Liabilities | 291.5K | 240.3K | 367.9K | 17.4K | 41.3K | 39.3K | |
Total Stockholder Equity | 1.6M | 1.4M | 1.2M | 3.8M | 3.9M | 2.7M | |
Net Tangible Assets | 1.6M | 1.4M | 1.2M | 3.8M | 3.4M | 2.6M | |
Retained Earnings | (36.7M) | (36.9M) | (37.2M) | (35.5M) | (35.3M) | (37.1M) | |
Accounts Payable | 185.0K | 50.4K | 29.9K | 17.4K | 15.6K | 14.8K | |
Cash | 268.0K | 61.0K | 151.8K | 152.9K | 974K | 1.0M | |
Other Assets | 82.0K | 22.9K | 22.8K | 18.6K | 16.7K | 15.9K | |
Net Receivables | 12.4K | 12.7K | 53.7K | 12.3K | 23.5K | 45.6K | |
Other Stockholder Equity | 5.8M | 5.7M | 5.7M | 6.1M | 7.1M | 6.3M | |
Total Liab | 291.5K | 240.3K | 367.9K | 17.4K | 41.3K | 39.3K | |
Total Current Assets | 280.5K | 73.7K | 205.5K | 2.4M | 1.5M | 1.6M | |
Property Plant Equipment | 1.5M | 1.5M | 1.4M | 1.4M | 1.3M | 2.3M | |
Non Current Assets Total | 1.6M | 1.5M | 1.4M | 1.4M | 2.4M | 1.9M | |
Non Currrent Assets Other | 82.0K | 22.9K | 22.8K | 18.6K | 86.6K | 52.2K | |
Net Invested Capital | 1.6M | 1.4M | 1.6M | 3.8M | 3.9M | 2.5M | |
Net Working Capital | (11.1K) | (166.6K) | (162.4K) | 2.3M | 1.4M | 1.5M |
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When running Silver Predator's price analysis, check to measure Silver Predator'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 Predator is operating at the current time. Most of Silver Predator's value examination focuses on studying past and present price action to predict the probability of Silver Predator'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 Predator's price. Additionally, you may evaluate how the addition of Silver Predator to your portfolios can decrease your overall portfolio volatility.