Endeavour Invested Capital vs Payables Turnover 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 Invested Capital and its Payables Turnover 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 signals in board of governors.
Invested Capital vs Payables Turnover
Invested Capital vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavour Silver Corp Invested Capital account and Payables Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Endeavour Silver's Invested Capital and Payables Turnover is -0.14. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Payables Turnover 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 Invested Capital and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Endeavour Silver Corp are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Invested Capital i.e., Endeavour Silver's Invested Capital and Payables Turnover go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Endeavour Silver Corp. There are two different methods for calculating Endeavour Silver Corp invested capital: operating approach and financing approach. Understanding Endeavour Silver invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.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 signals in board of governors. 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 signals in board of governors. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.