Fortuna Current Deferred Revenue vs Cash And Short Term Investments Analysis

0QYM Stock   6.53  0.28  4.48%   
Fortuna Silver financial indicator trend analysis is much more than just examining Fortuna Silver Mines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortuna Silver Mines is a good investment. Please check the relationship between Fortuna Silver Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortuna Silver Mines Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fortuna Silver's Current Deferred Revenue and Cash And Short Term Investments is 0.12. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Fortuna Silver Mines, assuming nothing else is changed. The correlation between historical values of Fortuna Silver's Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Fortuna Silver Mines are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., Fortuna Silver's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Fortuna Silver Mines balance sheet. This account contains Fortuna Silver investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Fortuna Silver Mines fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Fortuna Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortuna Silver Mines 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 Trending Equities to better understand how to build diversified portfolios. 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 gain to about 77.4 M in 2025, whereas Tax Provision is likely to drop slightly above 25.4 M in 2025.
 2022 2023 2024 2025 (projected)
Other Operating Expenses597.4M842.8M969.3M1.0B
Interest Expense13.7M22.2M25.5M26.7M

Fortuna Silver fundamental ratios Correlations

0.970.961.00.850.470.970.690.470.750.960.99-0.320.990.921.00.620.961.0-0.391.00.020.820.960.81-0.48
0.970.940.970.750.530.920.790.650.780.930.94-0.320.950.970.960.530.920.95-0.280.950.130.80.90.83-0.29
0.960.940.940.830.290.980.70.480.840.940.95-0.310.980.920.960.390.950.95-0.50.95-0.060.940.970.8-0.46
1.00.970.940.820.520.950.710.50.730.960.98-0.310.980.920.990.650.950.99-0.340.990.050.780.940.81-0.45
0.850.750.830.820.30.880.30.050.640.790.9-0.240.890.630.840.490.920.87-0.540.880.070.750.850.72-0.6
0.470.530.290.520.30.310.50.430.310.380.45-0.260.40.460.40.580.440.470.540.470.640.00.230.4-0.13
0.970.920.980.950.880.310.610.370.760.940.97-0.30.990.870.980.50.950.97-0.520.97-0.070.90.980.79-0.55
0.690.790.70.710.30.50.610.910.760.710.63-0.330.660.90.680.190.650.64-0.020.640.050.580.60.58-0.13
0.470.650.480.50.050.430.370.910.560.530.39-0.270.420.760.470.070.420.410.120.410.180.380.360.520.28
0.750.780.840.730.640.310.760.760.560.780.73-0.260.780.830.730.00.830.72-0.320.720.030.840.740.67-0.43
0.960.930.940.960.790.380.940.710.530.780.95-0.220.960.930.970.520.930.95-0.460.95-0.040.830.940.87-0.4
0.990.940.950.980.90.450.970.630.390.730.95-0.330.990.880.980.620.980.99-0.431.00.010.810.960.8-0.53
-0.32-0.32-0.31-0.31-0.24-0.26-0.3-0.33-0.27-0.26-0.22-0.33-0.32-0.34-0.29-0.16-0.33-0.31-0.04-0.31-0.07-0.27-0.28-0.150.08
0.990.950.980.980.890.40.990.660.420.780.960.99-0.320.90.990.550.980.99-0.460.99-0.010.860.970.81-0.51
0.920.970.920.920.630.460.870.90.760.830.930.88-0.340.90.920.410.870.89-0.280.890.020.80.870.79-0.25
1.00.960.960.990.840.40.980.680.470.730.970.98-0.290.990.920.610.940.99-0.450.99-0.040.830.980.81-0.46
0.620.530.390.650.490.580.50.190.070.00.520.62-0.160.550.410.610.470.65-0.010.640.10.110.510.39-0.28
0.960.920.950.950.920.440.950.650.420.830.930.98-0.330.980.870.940.470.96-0.440.960.060.840.920.81-0.52
1.00.950.950.990.870.470.970.640.410.720.950.99-0.310.990.890.990.650.96-0.391.00.010.80.960.79-0.51
-0.39-0.28-0.5-0.34-0.540.54-0.52-0.020.12-0.32-0.46-0.43-0.04-0.46-0.28-0.45-0.01-0.44-0.39-0.40.49-0.66-0.59-0.40.32
1.00.950.950.990.880.470.970.640.410.720.951.0-0.310.990.890.990.640.961.0-0.40.020.810.960.8-0.51
0.020.13-0.060.050.070.64-0.070.050.180.03-0.040.01-0.07-0.010.02-0.040.10.060.010.490.02-0.18-0.20.340.32
0.820.80.940.780.750.00.90.580.380.840.830.81-0.270.860.80.830.110.840.8-0.660.81-0.180.90.71-0.43
0.960.90.970.940.850.230.980.60.360.740.940.96-0.280.970.870.980.510.920.96-0.590.96-0.20.90.75-0.52
0.810.830.80.810.720.40.790.580.520.670.870.8-0.150.810.790.810.390.810.79-0.40.80.340.710.75-0.12
-0.48-0.29-0.46-0.45-0.6-0.13-0.55-0.130.28-0.43-0.4-0.530.08-0.51-0.25-0.46-0.28-0.52-0.510.32-0.510.32-0.43-0.52-0.12
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Fortuna Silver Account Relationship Matchups

Fortuna Silver fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B2.0B1.9B2.0B2.3B2.4B
Other Current Liab32.5M53.2M41.5M52.9M60.9M63.9M
Total Current Liabilities96.4M166.8M135.1M243.8M280.3M294.4M
Total Stockholder Equity725.8M1.4B1.2B1.2B1.4B1.5B
Net Debt46.2M79.8M160.0M136.1M156.5M164.3M
Retained Earnings208.7M266.6M138.5M87.6M100.8M65.3M
Accounts Payable31.6M82.5M72.6M100.4M115.4M121.2M
Cash131.9M107.1M80.5M128.1M147.4M154.7M
Cash And Short Term Investments133.0M107.5M80.6M128.1M147.4M154.7M
Net Receivables76.6M25.7M24.0M74.6M85.8M90.1M
Common Stock Shares Outstanding186.1M249.4M291.3M295.1M339.3M356.3M
Liabilities And Stockholders Equity1.1B2.0B1.9B2.0B2.3B2.4B
Non Current Liabilities Total233.1M425.6M452.4M436.0M501.4M526.4M
Total Liab329.6M592.4M587.5M679.7M781.7M820.8M
Total Current Assets248.1M281.1M252.7M333.3M383.3M402.5M
Common Stock492.3M1.1B1.1B1.1B1.3B1.4B
Other Current Assets3.3M62.0M56.2M14.7M16.9M9.7M
Short Long Term Debt Total178.1M186.9M240.5M264.2M303.9M319.1M
Property Plant And Equipment Net791.1M1.7B1.6B1.6B1.8B1.9B
Current Deferred Revenue39.1M58.6M70.6M(31.1M)(35.8M)(34.0M)
Non Current Assets Total807.3M1.7B1.6B1.6B1.9B2.0B
Other Assets16.1M28.5M1K1.7M2.0M1.9M
Short Term Debt8.1M10.5M9.4M58.8M67.7M71.1M
Inventory35.3M85.8M92.0M115.8M133.2M139.9M
Accumulated Other Comprehensive Income24.7M28.8M29.9M25.2M29.0M16.8M
Non Currrent Assets Other1.8M28.5M51.9M59.4M68.3M71.8M
Property Plant Equipment729.2M791.1M1.7B1.6B1.8B963.3M
Other Liab49.3M62.0M249.2M221.3M254.5M267.3M
Net Tangible Assets635.4M725.8M1.4B1.2B1.4B943.7M

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