Fortuna Short Long Term Debt Total vs Total Assets Analysis

FVI Stock  CAD 6.75  0.01  0.15%   
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 Short Long Term Debt Total and its Total Assets 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 board of governors.

Short Long Term Debt Total vs Total Assets

Short Long Term Debt Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortuna Silver Mines Short Long Term Debt Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fortuna Silver's Short Long Term Debt Total and Total Assets is 0.95. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Assets 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 Short Long Term Debt Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Fortuna Silver Mines are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Long Term Debt Total i.e., Fortuna Silver's Short Long Term Debt Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Total Assets

Total assets refers to the total amount of Fortuna Silver assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fortuna Silver Mines books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 board of governors.
At this time, Fortuna Silver's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 5.80, while Tax Provision is likely to drop about 31.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit205.5M146.8M190.0M199.5M
Total Revenue599.9M681.5M842.4M884.5M

Fortuna Silver fundamental ratios Correlations

0.910.951.00.820.570.950.610.250.240.890.950.99-0.260.990.890.990.950.951.00.961.00.090.970.630.95
0.910.880.910.710.690.780.710.420.470.940.850.88-0.230.890.870.880.820.90.890.890.890.390.820.550.76
0.950.880.930.790.380.970.620.220.130.870.910.94-0.260.970.880.950.930.930.940.960.940.010.960.80.95
1.00.910.930.780.610.930.640.30.30.910.950.98-0.250.980.90.990.940.930.990.960.990.120.960.590.93
0.820.710.790.780.340.810.16-0.22-0.10.620.730.88-0.220.860.530.80.850.90.840.760.840.130.850.590.81
0.570.690.380.610.340.330.560.510.660.670.470.53-0.130.490.570.490.520.520.550.480.550.640.37-0.050.29
0.950.780.970.930.810.330.510.10.00.780.910.95-0.250.970.820.970.940.90.960.930.96-0.120.990.750.99
0.610.710.620.640.160.560.510.820.590.830.650.54-0.240.570.880.60.550.570.560.70.560.110.50.350.49
0.250.420.220.3-0.220.510.10.820.690.570.330.16-0.160.180.620.240.140.180.190.340.190.280.110.00.08
0.240.470.130.3-0.10.660.00.590.690.540.320.150.060.150.440.210.110.180.190.260.20.490.07-0.110.01
0.890.940.870.910.620.670.780.830.570.540.910.86-0.230.870.960.870.840.880.860.930.870.260.810.540.77
0.950.850.910.950.730.470.910.650.330.320.910.93-0.180.940.910.960.890.90.940.940.940.020.930.660.92
0.990.880.940.980.880.530.950.540.160.150.860.93-0.290.990.840.980.960.970.990.950.990.070.980.630.95
-0.26-0.23-0.26-0.25-0.22-0.13-0.25-0.24-0.160.06-0.23-0.18-0.29-0.28-0.27-0.25-0.26-0.3-0.25-0.34-0.25-0.02-0.26-0.25-0.24
0.990.890.970.980.860.490.970.570.180.150.870.940.99-0.280.860.980.970.970.990.970.990.050.980.690.96
0.890.870.880.90.530.570.820.880.620.440.960.910.84-0.270.860.890.830.830.850.930.850.090.830.60.82
0.990.880.950.990.80.490.970.60.240.210.870.960.98-0.250.980.890.940.930.990.970.990.020.980.650.97
0.950.820.930.940.850.520.940.550.140.110.840.890.96-0.260.970.830.940.950.960.940.950.010.940.670.94
0.950.90.930.930.90.520.90.570.180.180.880.90.97-0.30.970.830.930.950.940.940.950.140.930.690.89
1.00.890.940.990.840.550.960.560.190.190.860.940.99-0.250.990.850.990.960.940.951.00.070.980.620.95
0.960.890.960.960.760.480.930.70.340.260.930.940.95-0.340.970.930.970.940.940.950.95-0.010.950.680.93
1.00.890.940.990.840.550.960.560.190.20.870.940.99-0.250.990.850.990.950.951.00.950.090.980.620.95
0.090.390.010.120.130.64-0.120.110.280.490.260.020.07-0.020.050.090.020.010.140.07-0.010.09-0.06-0.2-0.16
0.970.820.960.960.850.370.990.50.110.070.810.930.98-0.260.980.830.980.940.930.980.950.98-0.060.720.99
0.630.550.80.590.59-0.050.750.350.0-0.110.540.660.63-0.250.690.60.650.670.690.620.680.62-0.20.720.76
0.950.760.950.930.810.290.990.490.080.010.770.920.95-0.240.960.820.970.940.890.950.930.95-0.160.990.76
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 Liab51.5M32.5M53.2M41.5M52.8M55.4M
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 Payable16.0M31.6M82.5M72.6M100.4M105.4M
Cash83.4M131.9M107.1M80.5M128.1M134.6M
Cash And Short Term Investments83.4M133.0M107.5M80.6M128.1M73.4M
Net Receivables33.6M26.3M25.7M24.0M20.0M16.2M
Common Stock Total Equity418.2M420.5M422.1M492.3M566.2M594.5M
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
Other Stockholder Equity26.1M24.7M28.8M2.1M1.00.95
Total Liab300.6M329.6M592.4M587.5M679.7M713.7M
Total Current Assets152.1M248.1M281.1M252.7M333.3M350.0M
Common Stock422.1M492.3M1.1B1.1B1.1B1.2B
Other Current Assets20.6M53.5M62.0M56.2M69.4M72.9M
Short Long Term Debt Total170.4M178.1M186.9M240.5M264.2M277.5M
Property Plant And Equipment Net732.0M791.1M1.7B1.6B1.6B1.7B
Current Deferred Revenue39.1M58.6M70.6M84.5M97.1M102.0M
Non Current Assets Total783.9M807.3M1.7B1.6B1.6B1.7B
Other Assets52.9M16.1M28.5M1K1.2K1.1K
Property Plant And Equipment Gross732.0M791.1M2.2B2.4B2.8B2.9B
Short Term Debt9.7M8.1M10.5M9.4M58.8M61.8M
Inventory14.5M35.3M85.8M92.0M115.8M121.6M
Accumulated Other Comprehensive Income26.1M24.7M28.8M29.9M25.3M16.8M
Non Currrent Assets Other50.6M16.1M28.5M55.9M60.3M63.3M
Short Term Investments0.01.1M416K78K70.2K66.7K
Other Liab49.3M62.0M249.2M221.3M254.5M267.3M
Net Tangible Assets635.4M725.8M1.4B1.2B1.4B1.5B
Short Long Term Debt40.8M224K894K43.9M50.5M53.0M
Property Plant Equipment729.2M791.1M1.7B1.6B1.8B1.9B
Long Term Debt146.5M158.6M157.5M219.2M162.9M126.3M
Long Term Debt Total161.6M171.1M176.4M231.1M265.8M279.1M
Capital Lease Obligations23.9M19.5M29.4M21.3M57.4M60.3M
Non Current Liabilities Other253K259K3.3M2.6M10.0M10.5M
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 board of governors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.