Southern Short Term Investments vs Property Plant Equipment Analysis

SSV Stock  CAD 0.23  0.02  9.52%   
Southern Silver financial indicator trend analysis is much more than just breaking down Southern Silver Expl prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Silver Expl is a good investment. Please check the relationship between Southern Silver Short Term Investments and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Silver Exploration. 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.

Short Term Investments vs Property Plant Equipment

Short Term Investments vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Silver Expl Short Term Investments account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Southern Silver's Short Term Investments and Property Plant Equipment is 0.33. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Southern Silver Exploration, assuming nothing else is changed. The correlation between historical values of Southern Silver's Short Term Investments and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Southern Silver Exploration are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Investments i.e., Southern Silver's Short Term Investments and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Southern Silver balance sheet. It contains any investments Southern Silver Exploration undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Southern Silver Expl can easily liquidate in the marketplace.

Property Plant Equipment

Most indicators from Southern Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Silver Expl 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 Southern Silver Exploration. 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.
Enterprise Value is likely to climb to about 53.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 699.6 K in 2024.

Southern Silver fundamental ratios Correlations

0.421.00.98-0.7-0.80.260.70.99-0.140.7-0.320.940.420.70.930.370.20.740.530.390.530.980.8-0.450.97
0.420.350.39-0.46-0.090.250.460.38-0.110.46-0.140.171.00.450.20.990.06-0.07-0.030.11-0.030.30.210.070.36
1.00.350.98-0.69-0.820.260.690.99-0.140.69-0.330.960.350.690.940.310.20.770.550.40.550.990.8-0.470.97
0.980.390.98-0.56-0.790.30.560.99-0.170.56-0.40.920.390.560.930.340.240.660.580.320.580.980.79-0.551.0
-0.7-0.46-0.69-0.560.41-0.34-1.0-0.580.15-1.00.14-0.56-0.46-1.0-0.47-0.43-0.12-0.780.03-0.340.03-0.58-0.41-0.19-0.51
-0.8-0.09-0.82-0.790.41-0.16-0.41-0.83-0.05-0.410.06-0.9-0.09-0.41-0.94-0.02-0.08-0.58-0.71-0.6-0.71-0.83-0.810.53-0.79
0.260.250.260.3-0.34-0.160.340.23-0.320.34-0.020.070.250.340.180.120.240.36-0.1-0.11-0.10.2-0.080.090.25
0.70.460.690.56-1.0-0.410.340.58-0.151.0-0.140.550.461.00.470.430.110.78-0.030.34-0.030.580.410.20.51
0.990.380.990.99-0.58-0.830.230.58-0.130.58-0.340.950.380.580.950.330.210.670.610.370.610.990.82-0.550.99
-0.14-0.11-0.14-0.170.15-0.05-0.32-0.15-0.13-0.150.21-0.04-0.11-0.15-0.07-0.07-0.11-0.23-0.010.13-0.01-0.140.260.08-0.17
0.70.460.690.56-1.0-0.410.341.00.58-0.15-0.140.550.461.00.470.430.110.78-0.030.34-0.030.580.410.20.51
-0.32-0.14-0.33-0.40.140.06-0.02-0.14-0.340.21-0.14-0.24-0.14-0.12-0.24-0.15-0.2-0.2-0.090.23-0.09-0.34-0.240.22-0.4
0.940.170.960.92-0.56-0.90.070.550.95-0.040.55-0.240.170.560.970.140.120.720.680.490.680.970.87-0.580.93
0.421.00.350.39-0.46-0.090.250.460.38-0.110.46-0.140.170.450.20.990.06-0.07-0.030.11-0.030.30.210.070.36
0.70.450.690.56-1.0-0.410.341.00.58-0.151.0-0.120.560.450.470.420.110.78-0.020.34-0.020.580.410.20.51
0.930.20.940.93-0.47-0.940.180.470.95-0.070.47-0.240.970.20.470.140.160.650.740.480.740.960.85-0.660.94
0.370.990.310.34-0.43-0.020.120.430.33-0.070.43-0.150.140.990.420.140.04-0.12-0.050.1-0.050.260.20.110.31
0.20.060.20.24-0.12-0.080.240.110.21-0.110.11-0.20.120.060.110.160.040.14-0.11-0.43-0.110.180.11-0.090.22
0.74-0.070.770.66-0.78-0.580.360.780.67-0.230.78-0.20.72-0.070.780.65-0.120.140.240.330.240.710.47-0.110.64
0.53-0.030.550.580.03-0.71-0.1-0.030.61-0.01-0.03-0.090.68-0.03-0.020.74-0.05-0.110.240.611.00.660.62-0.730.64
0.390.110.40.32-0.34-0.6-0.110.340.370.130.340.230.490.110.340.480.1-0.430.330.610.610.410.41-0.090.33
0.53-0.030.550.580.03-0.71-0.1-0.030.61-0.01-0.03-0.090.68-0.03-0.020.74-0.05-0.110.241.00.610.660.62-0.730.64
0.980.30.990.98-0.58-0.830.20.580.99-0.140.58-0.340.970.30.580.960.260.180.710.660.410.660.83-0.590.98
0.80.210.80.79-0.41-0.81-0.080.410.820.260.41-0.240.870.210.410.850.20.110.470.620.410.620.83-0.550.8
-0.450.07-0.47-0.55-0.190.530.090.2-0.550.080.20.22-0.580.070.2-0.660.11-0.09-0.11-0.73-0.09-0.73-0.59-0.55-0.61
0.970.360.971.0-0.51-0.790.250.510.99-0.170.51-0.40.930.360.510.940.310.220.640.640.330.640.980.8-0.61
Click cells to compare fundamentals

Southern Silver Account Relationship Matchups

Southern Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.7M41.3M45.7M39.2M35.5M37.3M
Total Current Liabilities337.0K5.5M746.8K487.1K491.2K681.0K
Total Stockholder Equity8.3M35.8M44.9M38.7M35.0M36.8M
Property Plant And Equipment Net318.7K33.5M34.0M34.2M34.5M36.3M
Net Debt(3.6M)(7.8M)(11.3M)(4.7M)(730.5K)(767.0K)
Retained Earnings(37.6M)(37.8M)(46.8M)(52.0M)(53.9M)(51.3M)
Accounts Payable276.6K520.9K714.8K442.9K444.8K408.1K
Cash3.6M7.8M11.3M4.7M730.5K693.9K
Non Current Assets Total4.9M33.5M34.1M34.4M34.7M36.4M
Non Currrent Assets Other38.3K4.5M136.9K145.6K146.9K139.6K
Cash And Short Term Investments3.6M7.8M11.3M4.7M730.5K693.9K
Net Receivables65.4K24.2K32.6K24.2K22.1K21.0K
Common Stock Shares Outstanding120.9M195.4M283.7M291.5M291.5M306.1M
Liabilities And Stockholders Equity8.7M41.3M45.7M39.2M35.5M37.3M
Total Liab337.0K5.5M746.8K487.1K491.2K682.1K
Total Current Assets3.8M7.8M11.6M4.8M843.9K801.7K
Common Stock37.6M43.2M66.4M82.2M94.6M99.3M
Other Current Liab60.4K5.0M32.0K44.2K46.4K44.1K
Other Stockholder Equity2.8M7.2M9.5M8.5M6.7M8.1M
Other Current Assets56.9K41.8K254.0K146.3K91.3K77.4K
Net Tangible Assets8.3M35.8M44.9M38.7M44.5M46.8M
Property Plant Equipment318.7K33.5M34.0M34.2M39.4M41.3M
Net Invested Capital8.3M35.8M44.9M38.7M35.0M24.9M
Net Working Capital3.4M2.3M10.8M4.4M352.7K335.1K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Southern Stock Analysis

When running Southern Silver's price analysis, check to measure Southern Silver'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 Southern Silver is operating at the current time. Most of Southern Silver's value examination focuses on studying past and present price action to predict the probability of Southern Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Silver's price. Additionally, you may evaluate how the addition of Southern Silver to your portfolios can decrease your overall portfolio volatility.