Silver Property Plant Equipment vs Accounts Payable 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 Property Plant Equipment and its Accounts Payable 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.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver Predator Corp Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Silver Predator's Property Plant Equipment and Accounts Payable is -0.03. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable 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 Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Silver Predator Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Silver Predator's Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Silver Predator obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Silver Predator Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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
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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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