Silver Range Resources Stock Current Asset
SNG Stock | CAD 0.07 0.01 6.67% |
Silver Range Resources fundamentals help investors to digest information that contributes to Silver Range's financial success or failures. It also enables traders to predict the movement of Silver Stock. The fundamental analysis module provides a way to measure Silver Range's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Silver Range stock.
Total Current Assets is likely to drop to about 339.1 K in 2024. Non Current Assets Total is likely to drop to about 6.3 M in 2024. Silver | Current Asset |
Silver Range Resources Company Current Asset Analysis
Silver Range's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Silver Range Current Asset | 907.38 K |
Most of Silver Range's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Silver Range Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Silver Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Silver Range is extremely important. It helps to project a fair market value of Silver Stock properly, considering its historical fundamentals such as Current Asset. Since Silver Range's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Silver Range's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Silver Range's interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Silver Total Assets
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In accordance with the recently published financial statements, Silver Range Resources has a Current Asset of 907.38 K. This is 99.98% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current asset for all Canada stocks is 99.99% higher than that of the company.
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Silver Fundamentals
Return On Equity | -0.0979 | ||||
Return On Asset | -0.0512 | ||||
Current Valuation | 6.54 M | ||||
Shares Outstanding | 98.13 M | ||||
Shares Owned By Insiders | 38.62 % | ||||
Number Of Shares Shorted | 1.02 K | ||||
Price To Earning | 27.50 X | ||||
Price To Book | 0.74 X | ||||
Gross Profit | (102.57 K) | ||||
EBITDA | (656.82 K) | ||||
Net Income | (987.34 K) | ||||
Cash And Equivalents | 1.69 M | ||||
Cash Per Share | 0.02 X | ||||
Total Debt | 101.12 K | ||||
Debt To Equity | 0.01 % | ||||
Current Ratio | 34.48 X | ||||
Book Value Per Share | 0.10 X | ||||
Cash Flow From Operations | (660.04 K) | ||||
Short Ratio | 0.70 X | ||||
Earnings Per Share | (0.01) X | ||||
Beta | -0.038 | ||||
Market Capitalization | 6.87 M | ||||
Total Asset | 9.82 M | ||||
Retained Earnings | (30.26 M) | ||||
Working Capital | 255.81 K | ||||
Current Asset | 907.38 K | ||||
Current Liabilities | 214.15 K | ||||
Net Asset | 9.82 M |
About Silver Range Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Silver Range Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Silver Range using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Silver Range Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Silver Stock Analysis
When running Silver Range's price analysis, check to measure Silver Range'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 Range is operating at the current time. Most of Silver Range's value examination focuses on studying past and present price action to predict the probability of Silver Range'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 Range's price. Additionally, you may evaluate how the addition of Silver Range to your portfolios can decrease your overall portfolio volatility.