Fortuna Total Stockholder Equity vs Net Receivables 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 Total Stockholder Equity and its Net Receivables 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.

Total Stockholder Equity vs Net Receivables

Total Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortuna Silver Mines Total Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fortuna Silver's Total Stockholder Equity and Net Receivables is 0.3. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables 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 Stockholder Equity and Net Receivables 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 Stockholder Equity of Fortuna Silver Mines are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., Fortuna Silver's Total Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Receivables

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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.