Fortuna Total Current Assets vs Property Plant Equipment Analysis

FSM Stock  USD 4.81  0.03  0.62%   
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 Total Current Assets and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortuna Silver Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Current Assets vs Property Plant Equipment

Total Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortuna Silver Mines Total Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fortuna Silver's Total Current Assets and Property Plant Equipment is 0.85. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant Equipment 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 Total Current Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Fortuna Silver Mines are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Assets i.e., Fortuna Silver's Total Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant Equipment

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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortuna Silver Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Fortuna Silver's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Over EBITDA is likely to grow to 5.80, while Issuance Of Capital Stock is likely to drop about 132.5 K.
 2021 2022 2023 2024 (projected)
Other Operating Expenses441.4M597.4M842.8M885.0M
Interest Expense14.0M13.7M22.2M23.3M

Fortuna Silver fundamental ratios Correlations

0.90.951.00.820.570.970.610.250.640.950.990.990.890.99-0.080.951.01.00.110.940.970.740.95-0.250.76
0.90.880.880.770.380.890.430.030.590.840.90.910.750.9-0.270.850.910.9-0.150.910.920.740.94-0.320.53
0.950.880.930.790.380.980.620.220.760.910.940.970.880.95-0.130.930.940.940.030.930.960.910.95-0.370.74
1.00.880.930.780.610.950.640.30.630.950.980.980.90.99-0.050.930.990.990.140.920.960.70.93-0.190.77
0.820.770.790.780.340.860.16-0.220.520.730.880.860.530.8-0.110.90.840.840.140.810.850.690.81-0.460.66
0.570.380.380.610.340.390.560.510.390.470.530.490.570.490.540.520.550.550.640.310.370.020.290.570.46
0.970.890.980.950.860.390.510.110.650.920.970.980.820.97-0.190.930.970.970.050.970.990.850.97-0.40.77
0.610.430.620.640.160.560.510.820.710.650.540.570.880.60.340.570.560.560.120.420.50.460.490.160.49
0.250.030.220.3-0.220.510.110.820.360.330.160.180.620.240.440.180.190.190.290.040.110.050.080.40.34
0.640.590.760.630.520.390.650.710.360.680.620.670.760.610.360.750.60.610.140.50.60.750.61-0.140.59
0.950.840.910.950.730.470.920.650.330.680.930.940.90.96-0.070.90.940.940.040.880.930.740.92-0.320.84
0.990.90.940.980.880.530.970.540.160.620.930.990.840.98-0.10.970.990.990.090.940.980.740.95-0.310.75
0.990.910.970.980.860.490.980.570.180.670.940.990.860.98-0.110.970.990.990.080.950.980.80.96-0.330.76
0.890.750.880.90.530.570.820.880.620.760.90.840.860.890.110.830.850.850.120.770.820.70.81-0.10.74
0.990.90.950.990.80.490.970.60.240.610.960.980.980.89-0.150.930.990.990.040.960.980.760.97-0.320.76
-0.08-0.27-0.13-0.05-0.110.54-0.190.340.440.36-0.07-0.1-0.110.11-0.150.04-0.12-0.110.61-0.36-0.24-0.23-0.30.520.13
0.950.850.930.930.90.520.930.570.180.750.90.970.970.830.930.040.940.950.160.860.930.780.89-0.310.77
1.00.910.940.990.840.550.970.560.190.60.940.990.990.850.99-0.120.941.00.090.950.980.730.95-0.260.74
1.00.90.940.990.840.550.970.560.190.610.940.990.990.850.99-0.110.951.00.110.950.980.730.95-0.270.75
0.11-0.150.030.140.140.640.050.120.290.140.040.090.080.120.040.610.160.090.11-0.07-0.04-0.13-0.140.480.45
0.940.910.930.920.810.310.970.420.040.50.880.940.950.770.96-0.360.860.950.95-0.070.980.810.98-0.470.67
0.970.920.960.960.850.370.990.50.110.60.930.980.980.820.98-0.240.930.980.98-0.040.980.830.99-0.450.73
0.740.740.910.70.690.020.850.460.050.750.740.740.80.70.76-0.230.780.730.73-0.130.810.830.85-0.590.62
0.950.940.950.930.810.290.970.490.080.610.920.950.960.810.97-0.30.890.950.95-0.140.980.990.85-0.490.68
-0.25-0.32-0.37-0.19-0.460.57-0.40.160.4-0.14-0.32-0.31-0.33-0.1-0.320.52-0.31-0.26-0.270.48-0.47-0.45-0.59-0.49-0.29
0.760.530.740.770.660.460.770.490.340.590.840.750.760.740.760.130.770.740.750.450.670.730.620.68-0.29
Click cells to compare fundamentals

Fortuna Silver Account Relationship Matchups

Fortuna Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets936.1M1.1B2.0B1.9B2.0B2.1B
Other Current Liab894K32.5M53.2M41.5M52.9M55.6M
Total Current Liabilities89.8M96.4M166.8M135.1M243.8M256.0M
Total Stockholder Equity635.4M725.8M1.4B1.2B1.2B1.3B
Net Debt87.0M46.2M79.8M160.0M136.1M142.9M
Retained Earnings187.2M208.7M266.6M138.5M87.6M65.3M
Accounts Payable41.0M31.6M82.5M72.6M100.4M105.4M
Cash83.4M131.9M107.1M80.5M128.1M134.6M
Cash And Short Term Investments83.4M133.0M107.5M80.6M128.1M73.4M
Net Receivables50.3M76.6M25.7M24.0M74.6M78.4M
Common Stock Shares Outstanding164.5M186.1M249.4M291.3M295.1M309.8M
Liabilities And Stockholders Equity936.1M1.1B2.0B1.9B2.0B2.1B
Non Current Liabilities Total210.9M233.1M425.6M452.4M436.0M457.8M
Total Liab300.6M329.6M592.4M587.5M679.7M713.7M
Total Current Assets152.1M248.1M281.1M252.7M331.6M348.2M
Common Stock422.1M492.3M1.1B1.1B1.1B1.2B
Other Stockholder Equity330.9M378.9M28.8M29.9M129.7K123.2K
Short Long Term Debt Total170.4M178.1M186.9M240.5M264.2M277.5M
Property Plant And Equipment Net732.0M791.1M1.7B1.6B1.6B1.7B
Non Current Assets Total783.9M807.3M1.7B1.6B1.6B1.7B
Other Assets52.9M16.1M28.5M1K1.7M1.6M
Other Current Assets4.0M3.3M62.0M56.2M69.4M72.9M
Property Plant And Equipment Gross732.0M791.1M2.2B2.4B2.8B2.9B
Short Term Debt8.8M8.1M10.5M9.4M58.8M61.8M
Inventory14.5M35.3M85.8M92.0M115.8M121.6M
Current Deferred Revenue39.1M58.6M70.6M(31.1M)(35.8M)(34.0M)
Accumulated Other Comprehensive Income26.1M24.7M28.8M29.9M25.2M16.8M
Non Currrent Assets Other50.6M1.8M28.5M51.9M59.4M62.4M
Other Liab49.3M62.0M249.2M221.3M254.5M267.3M
Net Tangible Assets635.4M725.8M1.4B1.2B1.4B1.5B
Long Term Debt146.5M158.6M157.5M219.2M162.9M171.1M
Common Stock Total Equity418.2M420.5M422.1M492.3M566.2M287.9M
Short Long Term Debt40.8M224K894K43.9M50.5M53.0M
Property Plant Equipment729.2M791.1M1.7B1.6B1.8B1.9B
Long Term Debt Total74.7M161.6M171.1M176.4M202.8M110.6M
Capital Lease Obligations23.9M19.5M29.4M21.3M57.4M60.3M
Non Current Liabilities Other253K259K3.3M2.6M10.0M10.5M

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When determining whether Fortuna Silver Mines is a strong investment it is important to analyze Fortuna Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortuna Silver's future performance. For an informed investment choice regarding Fortuna Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortuna Silver Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortuna Silver. If investors know Fortuna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortuna Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.778
Earnings Share
0.07
Revenue Per Share
3.329
Quarterly Revenue Growth
0.131
Return On Assets
0.0404
The market value of Fortuna Silver Mines is measured differently than its book value, which is the value of Fortuna that is recorded on the company's balance sheet. Investors also form their own opinion of Fortuna Silver's value that differs from its market value or its book value, called intrinsic value, which is Fortuna Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortuna Silver's market value can be influenced by many factors that don't directly affect Fortuna Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortuna Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortuna Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortuna Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.