Gatos Total Assets vs Property Plant And Equipment Net Analysis

GATO Stock  CAD 21.75  0.09  0.42%   
Gatos Silver financial indicator trend analysis is much more than just examining Gatos Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gatos Silver is a good investment. Please check the relationship between Gatos Silver Total Assets and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gatos Silver. 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.
To learn how to invest in Gatos Stock, please use our How to Invest in Gatos Silver guide.

Total Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gatos Silver Total Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Gatos Silver's Total Assets and Property Plant And Equipment Net is -0.81. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Gatos Silver, assuming nothing else is changed. The correlation between historical values of Gatos Silver's Total Assets and Property Plant And Equipment Net 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 Assets of Gatos Silver are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., Gatos Silver's Total Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Gatos 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 Gatos Silver 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Gatos Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gatos Silver 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gatos Silver. 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.
To learn how to invest in Gatos Stock, please use our How to Invest in Gatos Silver guide.As of the 29th of November 2024, Enterprise Value is likely to grow to about 336.7 M, while Selling General Administrative is likely to drop about 12.8 M.
 2023 2024 (projected)
Research Development27.9M17.1M
Cost Of Revenue79K75.1K

Gatos Silver fundamental ratios Correlations

0.52-0.270.440.50.040.57-0.270.57-0.010.240.510.620.24-0.660.44-0.71-0.520.450.280.48-0.270.10.81-0.660.38
0.52-0.80.61.0-0.520.19-0.80.190.570.770.590.29-0.23-0.50.61-0.81-0.210.330.90.62-0.73-0.240.74-0.70.95
-0.27-0.8-0.59-0.790.52-0.111.0-0.11-0.73-0.78-0.46-0.230.40.17-0.590.440.15-0.31-0.71-0.570.560.41-0.370.35-0.78
0.440.6-0.590.56-0.280.14-0.590.140.130.270.910.250.04-0.491.0-0.67-0.20.820.540.98-0.41-0.170.41-0.560.54
0.51.0-0.790.56-0.560.21-0.790.210.620.80.530.3-0.28-0.460.56-0.8-0.230.30.890.58-0.76-0.290.73-0.690.96
0.04-0.520.52-0.28-0.560.270.520.27-0.69-0.74-0.090.220.650.12-0.290.31-0.140.03-0.6-0.370.890.64-0.050.06-0.77
0.570.19-0.110.140.210.27-0.111.00.20.270.010.99-0.18-0.010.11-0.21-0.980.43-0.250.080.02-0.330.48-0.350.04
-0.27-0.81.0-0.59-0.790.52-0.11-0.11-0.73-0.78-0.46-0.230.40.17-0.590.440.15-0.31-0.71-0.570.560.41-0.370.35-0.78
0.570.19-0.110.140.210.271.0-0.110.20.270.010.99-0.18-0.010.11-0.21-0.980.43-0.250.080.02-0.330.48-0.350.04
-0.010.57-0.730.130.62-0.690.2-0.730.20.95-0.140.25-0.870.260.12-0.08-0.30.050.420.12-0.61-0.820.09-0.050.68
0.240.77-0.780.270.8-0.740.27-0.780.270.950.060.33-0.75-0.030.26-0.37-0.350.120.590.29-0.77-0.720.36-0.270.85
0.510.59-0.460.910.53-0.090.01-0.460.01-0.140.060.110.36-0.670.92-0.740.00.70.610.91-0.270.220.54-0.630.46
0.620.29-0.230.250.30.220.99-0.230.990.250.330.11-0.17-0.080.22-0.28-0.980.5-0.150.19-0.04-0.340.54-0.410.13
0.24-0.230.40.04-0.280.65-0.180.4-0.18-0.87-0.750.36-0.17-0.550.06-0.220.310.02-0.090.060.450.930.2-0.19-0.4
-0.66-0.50.17-0.49-0.460.12-0.010.17-0.010.26-0.03-0.67-0.08-0.55-0.510.83-0.04-0.27-0.52-0.610.42-0.4-0.660.6-0.43
0.440.61-0.591.00.56-0.290.11-0.590.110.120.260.920.220.06-0.51-0.68-0.170.790.560.98-0.42-0.150.42-0.560.54
-0.71-0.810.44-0.67-0.80.31-0.210.44-0.21-0.08-0.37-0.74-0.28-0.220.83-0.680.19-0.41-0.75-0.710.64-0.08-0.860.83-0.73
-0.52-0.210.15-0.2-0.23-0.14-0.980.15-0.98-0.3-0.350.0-0.980.31-0.04-0.170.19-0.480.23-0.140.080.48-0.420.33-0.1
0.450.33-0.310.820.30.030.43-0.310.430.050.120.70.50.02-0.270.79-0.41-0.480.150.78-0.09-0.210.28-0.450.21
0.280.9-0.710.540.89-0.6-0.25-0.71-0.250.420.590.61-0.15-0.09-0.520.56-0.750.230.150.59-0.72-0.040.55-0.570.9
0.480.62-0.570.980.58-0.370.08-0.570.080.120.290.910.190.06-0.610.98-0.71-0.140.780.59-0.5-0.140.42-0.570.58
-0.27-0.730.56-0.41-0.760.890.020.560.02-0.61-0.77-0.27-0.040.450.42-0.420.640.08-0.09-0.72-0.50.53-0.390.46-0.89
0.1-0.240.41-0.17-0.290.64-0.330.41-0.33-0.82-0.720.22-0.340.93-0.4-0.15-0.080.48-0.21-0.04-0.140.530.14-0.07-0.41
0.810.74-0.370.410.73-0.050.48-0.370.480.090.360.540.540.2-0.660.42-0.86-0.420.280.550.42-0.390.14-0.740.59
-0.66-0.70.35-0.56-0.690.06-0.350.35-0.35-0.05-0.27-0.63-0.41-0.190.6-0.560.830.33-0.45-0.57-0.570.46-0.07-0.74-0.55
0.380.95-0.780.540.96-0.770.04-0.780.040.680.850.460.13-0.4-0.430.54-0.73-0.10.210.90.58-0.89-0.410.59-0.55
Click cells to compare fundamentals

Gatos Silver Account Relationship Matchups

Gatos Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets154.3M265.4M367.1M383.5M400.9M218.9M
Total Current Liabilities3.5M4.0M1.4M26.4M33.4M35.0M
Total Stockholder Equity149.4M261.4M353.1M348.5M367.5M202.9M
Retained Earnings(225.6M)(147.4M)(190.9M)(198.7M)(185.9M)(195.2M)
Cash9.1M150.1M6.6M17.0M55.5M43.7M
Cash And Short Term Investments9.1M150.1M6.6M17.0M55.5M43.8M
Total Liab4.9M4.0M14.0M35.0M33.4M35.0M
Total Current Assets18.5M155.8M11.8M35.6M78.7M52.0M
Other Current Liab3.2M3.5M1.2M25.8M30.6M32.2M
Net Debt(9.1M)(150.1M)6.0M(8.3M)(55.5M)(58.3M)
Accounts Payable270K560K196K586K2.7M2.8M
Non Current Assets Total135.8M109.7M355.3M347.9M322.2M183.6M
Net Receivables6.6M2.0M2.2M15.6M21.3M22.3M
Liabilities And Stockholders Equity154.3M265.4M367.1M383.5M400.9M240.3M
Inventory103K3.6M3.0M2.9M1.9M1.6M
Other Current Assets2.6M1K7K151K37K35.2K
Other Stockholder Equity374.9M408.7M543.8M547.1M553.3M397.9M
Net Tangible Assets143.1M149.4M261.4M331.2M380.9M209.5M
Net Invested Capital149.4M261.4M365.7M357.1M367.5M301.4M
Long Term Investments105.4M109.6M355.3M347.8M321.9M247.2M
Net Working Capital15.0M151.7M10.4M9.3M45.3M43.2M

Pair Trading with Gatos Silver

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gatos Silver position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gatos Silver will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gatos Stock

  0.98AG First Majestic SilverPairCorr
  0.83IE Ivanhoe EnergyPairCorr
  0.8FDY Faraday Copper CorpPairCorr

Moving against Gatos Stock

  0.51UNH UnitedHealth Group CDRPairCorr
  0.46INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Gatos Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gatos Silver when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gatos Silver - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gatos Silver to buy it.
The correlation of Gatos Silver is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gatos Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gatos Silver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gatos Silver can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Gatos Silver offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gatos Silver's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gatos Silver Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gatos Silver Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gatos Silver. 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.
To learn how to invest in Gatos Stock, please use our How to Invest in Gatos Silver guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between Gatos Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gatos Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gatos 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.