SSR Stock | | | 11.38 0.34 3.08% |
Ssr Mining financial indicator trend analysis is much more than just breaking down Ssr Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ssr Mining is a good investment. Please check the relationship between Ssr Mining Total Revenue and its Interest Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Ssr Mining. 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.
For more information on how to buy Ssr Stock please use our
How to Invest in Ssr Mining guide.
Total Revenue vs Interest Income
Total Revenue vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ssr Mining Total Revenue account and
Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ssr Mining's Total Revenue and Interest Income is -0.57. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Interest Income in the same time period over historical financial statements of Ssr Mining, assuming nothing else is changed. The correlation between historical values of Ssr Mining's Total Revenue and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Ssr Mining are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Total Revenue i.e., Ssr Mining's Total Revenue and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Ssr Mining generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Ssr Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ssr Mining 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 Ssr Mining. 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.
For more information on how to buy Ssr Stock please use our
How to Invest in Ssr Mining guide.
Selling General Administrative is likely to drop to about 34.6
M in 2024.
Tax Provision is likely to gain to about (78.4
M) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 574.9M | 358.6M | 408.8M | 429.2M | Total Revenue | 1.5B | 1.1B | 1.4B | 1.5B |
Ssr Mining fundamental ratios Correlations
Click cells to compare fundamentals
Ssr Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ssr Mining fundamental ratios Accounts
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Additional Tools for Ssr Stock Analysis
When running Ssr Mining's price analysis, check to
measure Ssr Mining'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 Ssr Mining is operating at the current time. Most of Ssr Mining's value examination focuses on studying past and present price action to
predict the probability of Ssr Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ssr Mining's price. Additionally, you may evaluate how the addition of Ssr Mining to your portfolios can decrease your overall portfolio volatility.