Solaris Financial Statements From 2010 to 2024

SLS Stock   4.49  0.09  2.05%   
Solaris Resources financial statements provide useful quarterly and yearly information to potential Solaris Resources investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Solaris Resources financial statements helps investors assess Solaris Resources' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Solaris Resources' valuation are summarized below:
Market Capitalization
731.1 M
Earnings Share
(0.56)
We have found one hundred twenty available fundamental trend indicators for Solaris Resources, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Solaris Resources' current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 30th of November 2024, Market Cap is likely to drop to about 347 M. In addition to that, Enterprise Value is likely to drop to about 331.3 M
Check Solaris Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solaris Resources' main balance sheet or income statement drivers, such as Interest Income of 482.6 K, Depreciation And Amortization of 1.1 M or Interest Expense of 1.9 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 12.93. Solaris financial statements analysis is a perfect complement when working with Solaris Resources Valuation or Volatility modules.
  
This module can also supplement various Solaris Resources Technical models . Check out the analysis of Solaris Resources Correlation against competitors.

Solaris Resources Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets51.5 M61.8 M34.8 M
Slightly volatile
Total Current Liabilities5.5 M5.4 M2.8 M
Slightly volatile
Total Stockholder Equity31.3 M17.5 M21.1 M
Slightly volatile
Net Tangible Assets35.2 M40.5 M23.8 M
Slightly volatile
Property Plant And Equipment Net23.5 M21.9 M21 M
Slightly volatile
Accounts Payable4.4 M5.3 M2.2 M
Slightly volatile
Cash26.3 M38.9 M13 M
Slightly volatile
Non Current Assets Total24.8 M22.4 M21.6 M
Slightly volatile
Cash And Short Term Investments26.3 M38.9 M13 M
Slightly volatile
Net Receivables148.7 K198 K78 K
Slightly volatile
Common Stock Shares Outstanding102.9 M142.1 M67.9 M
Slightly volatile
Liabilities And Stockholders Equity51.5 M61.8 M34.8 M
Slightly volatile
Other Current Assets242 K230 K136.1 K
Slightly volatile
Total Liabilities38.2 M36.4 M7.5 M
Slightly volatile
Total Current Assets26.7 M39.4 M13.2 M
Slightly volatile
Cash And Equivalents23.6 M17 M11.3 M
Slightly volatile
Common Stock111.3 M206.4 M67 M
Slightly volatile
Property Plant Equipment23.4 M26.4 M21.3 M
Slightly volatile
Other Liabilities1.5 M1.9 M1.4 M
Slightly volatile
Non Currrent Assets Other1.1 M571 K1.5 M
Pretty Stable
Non Current Liabilities Total32.6 M31 M5.4 M
Slightly volatile
Net Invested Capital39.7 M46.9 M24 M
Slightly volatile
Accumulated Other Comprehensive Income1.5 M1.6 M2.2 M
Slightly volatile
Capital Stock125 M206.4 M71.2 M
Slightly volatile
Net Working Capital24.8 M34 M10.7 M
Slightly volatile
Short and Long Term Debt Total30.9 M29.5 M4.1 M
Slightly volatile
Other Current Liabilities83.688.0439.6 K
Slightly volatile
Property Plant And Equipment Gross24.9 M24.2 M21.5 M
Slightly volatile
Inventory100.7 K95 K86.4 K
Slightly volatile
Non Current Liabilities Other106.7 K137 K154.8 K
Slightly volatile
Long Term Debt23.5 M26.4 M28.8 M
Slightly volatile

Solaris Resources Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.1 MM222.9 K
Slightly volatile
Selling General Administrative5.2 M10.2 M2.6 M
Slightly volatile
Selling And Marketing Expenses29.4 K31 KM
Slightly volatile
Other Operating Expenses30 M41.6 M15.6 M
Slightly volatile
Total Operating Expenses30 M41.6 M15.6 M
Slightly volatile
Minority Interest71.2 K75 K5.8 M
Slightly volatile
Reconciled Depreciation974.4 K928 K215.2 K
Slightly volatile

Solaris Resources Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow20.2 M14.8 M9.9 M
Slightly volatile
Other Cashflows From Financing Activities675.5 K711 K3.7 M
Slightly volatile
Depreciation974.4 K928 K212 K
Slightly volatile
Capital Expenditures84.5 K89 K249 K
Slightly volatile
Change To Account Receivables4.85.45.88
Slightly volatile
Total Cash From Financing Activities32.3 M62.3 M15.8 M
Slightly volatile
End Period Cash Flow26.3 M38.9 M12.9 M
Slightly volatile
Change To LiabilitiesM8.6 M2.4 M
Slightly volatile
Stock Based Compensation2.8 M5.1 M1.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
PTB Ratio12.9325.264710.0929
Slightly volatile
Book Value Per Share0.170.17890.4692
Slightly volatile
Capex To Depreciation0.09110.09591.8888
Pretty Stable
PB Ratio12.9325.264710.0929
Slightly volatile
Cash Per Share0.20.27350.1307
Slightly volatile
Income Quality1.610.93261.2299
Pretty Stable
Net Debt To EBITDA0.220.23280.41
Slightly volatile
Current Ratio4.387.34583.2667
Slightly volatile
Tangible Book Value Per Share0.170.17890.4692
Slightly volatile
Graham Number0.990.89450.9286
Slightly volatile
Shareholders Equity Per Share0.120.12320.3205
Pretty Stable
Debt To Equity1.341.511.6429
Slightly volatile
Capex Per Share6.0E-46.0E-40.0024
Slightly volatile
Interest Debt Per Share0.170.190.2031
Slightly volatile
Debt To Assets0.380.430.4656
Slightly volatile
Price Book Value Ratio12.9325.264710.0929
Slightly volatile
Ebt Per Ebit0.70.99790.9211
Pretty Stable
Company Equity Multiplier3.713.52951.8926
Slightly volatile
Long Term Debt To Capitalization0.50.560.6135
Slightly volatile
Total Debt To Capitalization0.50.560.6135
Slightly volatile
Debt Equity Ratio1.341.511.6429
Slightly volatile
Quick Ratio4.387.3283.2635
Slightly volatile
Cash Ratio4.257.24823.0591
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.821.00230.9968
Slightly volatile
Price To Book Ratio12.9325.264710.0929
Slightly volatile
Debt Ratio0.380.430.4656
Slightly volatile
Price Fair Value12.9325.264710.0929
Slightly volatile

Solaris Resources Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap347 M442.5 M246.3 M
Slightly volatile
Enterprise Value331.3 M433.1 M236 M
Slightly volatile

Solaris Fundamental Market Drivers

Cash And Short Term Investments38.9 M

About Solaris Resources Financial Statements

Solaris Resources investors utilize fundamental indicators, such as revenue or net income, to predict how Solaris Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue(79.20)(75.24)

Pair Trading with Solaris Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Solaris Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Solaris Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Solaris Stock

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The ability to find closely correlated positions to Solaris Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solaris Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Solaris Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Solaris Resources to buy it.
The correlation of Solaris Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Solaris Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solaris Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Solaris Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Solaris Stock

Solaris Resources financial ratios help investors to determine whether Solaris Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Solaris with respect to the benefits of owning Solaris Resources security.