Endeavour Common Stock vs Accounts Payable Analysis
EDR Stock | CAD 5.86 0.09 1.56% |
Endeavour Silver financial indicator trend analysis is much more than just examining Endeavour Silver Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endeavour Silver Corp is a good investment. Please check the relationship between Endeavour Silver Common Stock and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Common Stock vs Accounts Payable
Common Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavour Silver Corp Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Endeavour Silver's Common Stock and Accounts Payable is 0.75. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Endeavour Silver Corp, assuming nothing else is changed. The correlation between historical values of Endeavour Silver's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Endeavour Silver Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Endeavour Silver's Common Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Accounts Payable
An accounting item on the balance sheet that represents Endeavour Silver obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Endeavour Silver Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Endeavour Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endeavour Silver Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. At this time, Endeavour Silver's Selling General Administrative is very stable compared to the past year. As of the 2nd of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Tax Provision is likely to drop about 7.1 M.
Endeavour Silver fundamental ratios Correlations
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Endeavour Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Endeavour Silver fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 163.7M | 210.6M | 294.0M | 399.4M | 474.8M | 498.5M | |
Other Current Liab | 1.9M | 3.0M | 4.2M | 6.6M | 7.8M | 8.2M | |
Total Current Liabilities | 24.8M | 34.6M | 40.6M | 52.7M | 58.2M | 61.2M | |
Total Stockholder Equity | 122.8M | 159.1M | 237.4M | 315.9M | 386.3M | 405.7M | |
Net Debt | (13.3M) | (50.3M) | (91.8M) | (67.8M) | (25.8M) | (27.0M) | |
Accounts Payable | 19.8M | 27.8M | 32.0M | 39.8M | 46.1M | 48.5M | |
Cash | 23.4M | 61.1M | 103.3M | 83.4M | 35.3M | 36.6M | |
Non Current Assets Total | 100.4M | 105.6M | 132.3M | 253.1M | 374.0M | 392.7M | |
Non Currrent Assets Other | 2.7M | 3.6M | 8.4M | 17.0M | 58.7M | 61.6M | |
Other Assets | 9.8M | 16.3M | 9.4M | 565K | 649.8K | 617.3K | |
Cash And Short Term Investments | 23.4M | 65.9M | 114.5M | 92.0M | 40.4M | 41.4M | |
Net Receivables | 23.0M | 20.2M | 14.6M | 4.4M | 6.6M | 11.0M | |
Common Stock Total Equity | 450.7M | 459.1M | 482.2M | 517.7M | 595.4M | 381.7M | |
Common Stock Shares Outstanding | 133.5M | 154.0M | 170.7M | 185.3M | 197.8M | 207.7M | |
Liabilities And Stockholders Equity | 163.7M | 210.6M | 294.0M | 399.4M | 474.8M | 498.5M | |
Non Current Liabilities Total | 16.1M | 17.0M | 16.1M | 30.8M | 30.2M | 19.7M | |
Inventory | 13.6M | 16.6M | 27.5M | 19.2M | 27.3M | 16.3M | |
Other Current Assets | 3.3M | 2.3M | 5.1M | 30.7M | 26.5M | 27.8M | |
Other Stockholder Equity | 11.5M | 9.7M | 6.3M | 6.1M | 4.6M | 4.3M | |
Total Liab | 40.9M | 51.5M | 56.6M | 83.5M | 88.5M | 92.9M | |
Total Current Assets | 63.3M | 105.0M | 161.8M | 146.3M | 100.8M | 73.6M | |
Short Term Debt | 3.1M | 3.8M | 4.3M | 6.3M | 4.3M | 4.1M | |
Common Stock | 482.2M | 517.7M | 585.4M | 657.9M | 722.7M | 454.4M | |
Retained Earnings | (370.9M) | (368.3M) | (354.3M) | (348.1M) | (340.9M) | (323.9M) | |
Short Term Investments | 69K | 4.8M | 11.2M | 8.6M | 5.1M | 4.6M | |
Other Liab | 9.1M | 10.0M | 8.9M | 21.5M | 19.4M | 13.9M | |
Net Tangible Assets | 121.8M | 158.6M | 237.4M | 315.9M | 363.3M | 193.3M | |
Capital Surpluse | 11.5M | 9.7M | 6.3M | 6.1M | 5.5M | 6.8M | |
Long Term Debt Total | 7.0M | 7.0M | 7.2M | 9.3M | 10.7M | 11.2M | |
Cash And Equivalents | 23.4M | 61.1M | 103.3M | 83.4M | 95.9M | 65.2M |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.