GRSL Common Stock Shares Outstanding vs Net Invested Capital Analysis

GRSL Stock

CAD 0.22 0.02 10.00%

GR Silver financial indicator trend analysis is much more than just examining GR Silver Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GR Silver Mining is a good investment. Please check the relationship between GR Silver Common Stock Shares Outstanding and its Net Invested Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GR Silver Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock Shares Outstanding vs Net Invested Capital

Common Stock Shares Outstanding vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GR Silver Mining Common Stock Shares Outstanding account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between GR Silver's Common Stock Shares Outstanding and Net Invested Capital is -0.57. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of GR Silver Mining, assuming nothing else is changed. The correlation between historical values of GR Silver's Common Stock Shares Outstanding and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of GR Silver Mining are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Common Stock Shares Outstanding i.e., GR Silver's Common Stock Shares Outstanding and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from GR Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GR Silver Mining 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 GR Silver Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Selling General Administrative is likely to climb to about 3.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 4.5 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	18.3M	19.4M	16.0M	11.3M
Cost Of Revenue	404.6K	573.2K	489.7K	246.6K

Total Operating Expenses Cost Of Revenue

GR Silver fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Liab	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Deferred Long Term Liab	Net Invested Capital	Net Working Capital	Capital Stock	Inventory	Other Current Assets
Total Assets		0.72	0.21	0.84	-0.55	-0.69	0.71	0.5	0.57	-0.04	0.84	0.73	0.55	0.81	0.82	0.74	0.99	0.98	0.85	0.68	-0.69	0.18	-0.66	0.87	-0.2	0.83
Total Current Liabilities	0.72		-0.53	0.9	-0.14	-0.98	0.93	-0.01	0.27	-0.21	0.94	1.0	0.05	0.96	0.98	1.0	0.75	0.71	0.96	0.97	-0.61	-0.56	-0.99	0.91	-0.77	0.92
Total Stockholder Equity	0.21	-0.53		-0.23	-0.48	0.53	-0.44	0.63	0.33	0.25	-0.29	-0.51	0.61	-0.36	-0.37	-0.5	0.15	0.21	-0.31	-0.53	0.01	1.0	0.59	-0.23	0.82	-0.29
Net Tangible Assets	0.84	0.9	-0.23		-0.56	-0.93	0.94	0.42	0.66	-0.08	0.99	0.9	0.48	0.98	0.94	0.89	0.81	0.78	0.93	0.94	-0.81	-0.28	-0.84	0.94	-0.62	0.89
Net Debt	-0.55	-0.14	-0.48	-0.56		0.24	-0.4	-0.98	-0.98	-0.18	-0.46	-0.15	-0.99	-0.39	-0.28	-0.12	-0.41	-0.45	-0.32	-0.28	0.68	-0.45	0.02	-0.38	-0.04	-0.26
Retained Earnings	-0.69	-0.98	0.53	-0.93	0.24		-0.94	-0.08	-0.37	0.19	-0.96	-0.98	-0.14	-0.98	-0.96	-0.97	-0.71	-0.65	-0.94	-1.0	0.69	0.57	0.96	-0.92	0.77	-0.91
Accounts Payable	0.71	0.93	-0.44	0.94	-0.4	-0.94		0.24	0.53	-0.09	0.95	0.93	0.3	0.95	0.94	0.91	0.69	0.68	0.95	0.96	-0.69	-0.47	-0.89	0.88	-0.77	0.85
Cash	0.5	-0.01	0.63	0.42	-0.98	-0.08	0.24		0.93	0.21	0.33	0.0	1.0	0.25	0.14	-0.02	0.36	0.41	0.19	0.12	-0.59	0.6	0.13	0.27	0.21	0.15
Cash And Short Term Investments	0.57	0.27	0.33	0.66	-0.98	-0.37	0.53	0.93		0.14	0.57	0.28	0.94	0.51	0.39	0.25	0.44	0.48	0.43	0.42	-0.73	0.29	-0.15	0.45	-0.16	0.32
Net Receivables	-0.04	-0.21	0.25	-0.08	-0.18	0.19	-0.09	0.21	0.14		-0.16	-0.2	0.2	-0.14	-0.17	-0.22	-0.09	-0.07	-0.16	-0.18	0.07	0.24	0.24	-0.14	0.19	-0.16
Other Stockholder Equity	0.84	0.94	-0.29	0.99	-0.46	-0.96	0.95	0.33	0.57	-0.16		0.94	0.39	0.99	0.97	0.93	0.82	0.8	0.97	0.96	-0.8	-0.33	-0.89	0.95	-0.65	0.91
Total Liab	0.73	1.0	-0.51	0.9	-0.15	-0.98	0.93	0.0	0.28	-0.2	0.94		0.06	0.96	0.99	1.0	0.76	0.72	0.97	0.97	-0.61	-0.55	-0.99	0.92	-0.76	0.92
Total Current Assets	0.55	0.05	0.61	0.48	-0.99	-0.14	0.3	1.0	0.94	0.2	0.39	0.06		0.31	0.2	0.04	0.42	0.46	0.25	0.18	-0.63	0.57	0.07	0.33	0.18	0.21
Common Stock	0.81	0.96	-0.36	0.98	-0.39	-0.98	0.95	0.25	0.51	-0.14	0.99	0.96	0.31		0.98	0.96	0.8	0.77	0.97	0.98	-0.76	-0.4	-0.92	0.95	-0.69	0.92
Property Plant Equipment	0.82	0.98	-0.37	0.94	-0.28	-0.96	0.94	0.14	0.39	-0.17	0.97	0.99	0.2	0.98		0.98	0.84	0.81	0.99	0.96	-0.67	-0.41	-0.96	0.95	-0.68	0.94
Other Current Liab	0.74	1.0	-0.5	0.89	-0.12	-0.97	0.91	-0.02	0.25	-0.22	0.93	1.0	0.04	0.96	0.98		0.78	0.73	0.96	0.96	-0.6	-0.53	-0.99	0.92	-0.73	0.93
Property Plant And Equipment Net	0.99	0.75	0.15	0.81	-0.41	-0.71	0.69	0.36	0.44	-0.09	0.82	0.76	0.42	0.8	0.84	0.78		0.99	0.87	0.69	-0.62	0.11	-0.71	0.87	-0.22	0.85
Non Currrent Assets Other	0.98	0.71	0.21	0.78	-0.45	-0.65	0.68	0.41	0.48	-0.07	0.8	0.72	0.46	0.77	0.81	0.73	0.99		0.85	0.64	-0.61	0.17	-0.66	0.82	-0.2	0.79
Other Assets	0.85	0.96	-0.31	0.93	-0.32	-0.94	0.95	0.19	0.43	-0.16	0.97	0.97	0.25	0.97	0.99	0.96	0.87	0.85		0.93	-0.68	-0.35	-0.93	0.94	-0.64	0.93
Common Stock Shares Outstanding	0.68	0.97	-0.53	0.94	-0.28	-1.0	0.96	0.12	0.42	-0.18	0.96	0.97	0.18	0.98	0.96	0.96	0.69	0.64	0.93		-0.7	-0.57	-0.95	0.91	-0.81	0.89
Deferred Long Term Liab	-0.69	-0.61	0.01	-0.81	0.68	0.69	-0.69	-0.59	-0.73	0.07	-0.8	-0.61	-0.63	-0.76	-0.67	-0.6	-0.62	-0.61	-0.68	-0.7		0.06	0.54	-0.73	0.35	-0.65
Net Invested Capital	0.18	-0.56	1.0	-0.28	-0.45	0.57	-0.47	0.6	0.29	0.24	-0.33	-0.55	0.57	-0.4	-0.41	-0.53	0.11	0.17	-0.35	-0.57	0.06		0.62	-0.27	0.83	-0.32
Net Working Capital	-0.66	-0.99	0.59	-0.84	0.02	0.96	-0.89	0.13	-0.15	0.24	-0.89	-0.99	0.07	-0.92	-0.96	-0.99	-0.71	-0.66	-0.93	-0.95	0.54	0.62		-0.89	0.76	-0.91
Capital Stock	0.87	0.91	-0.23	0.94	-0.38	-0.92	0.88	0.27	0.45	-0.14	0.95	0.92	0.33	0.95	0.95	0.92	0.87	0.82	0.94	0.91	-0.73	-0.27	-0.89		-0.49	0.99
Inventory	-0.2	-0.77	0.82	-0.62	-0.04	0.77	-0.77	0.21	-0.16	0.19	-0.65	-0.76	0.18	-0.69	-0.68	-0.73	-0.22	-0.2	-0.64	-0.81	0.35	0.83	0.76	-0.49		-0.47
Other Current Assets	0.83	0.92	-0.29	0.89	-0.26	-0.91	0.85	0.15	0.32	-0.16	0.91	0.92	0.21	0.92	0.94	0.93	0.85	0.79	0.93	0.89	-0.65	-0.32	-0.91	0.99	-0.47

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GR Silver Account Relationship Matchups

GR Silver fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7M	10.8M	28.4M	25.3M	10.7M	11.3M
Total Current Liabilities	372.7K	961.3K	14.5M	18.3M	24.0M	25.2M
Total Stockholder Equity	3.3M	9.7M	11.3M	4.6M	(16.2M)	(15.3M)
Net Tangible Assets	2.3M	3.3M	9.7M	11.3M	13.0M	13.6M
Net Debt	(2.0M)	(4.9M)	(3.1M)	(902.2K)	(812.0K)	(852.6K)
Retained Earnings	(11.4M)	(20.1M)	(38.3M)	(57.1M)	(82.7M)	(78.6M)
Accounts Payable	340.7K	844.3K	1.6M	848.4K	1.9M	2.0M
Cash	2.0M	4.9M	3.1M	902.2K	100.6K	95.5K
Non Current Assets Total	1.6M	5.8M	25.1M	24.0M	10.4M	9.5M
Cash And Short Term Investments	2.0M	4.9M	3.1M	902.2K	1.0M	2.0M
Net Receivables	18.2K	38.6K	25.5K	11.7K	10.5K	10.0K
Liabilities And Stockholders Equity	3.7M	10.8M	28.4M	25.3M	29.1M	30.5M
Other Stockholder Equity	1.0M	1.5M	2.5M	4.1M	4.7M	4.9M
Total Liab	372.7K	1.2M	17.2M	20.7M	26.9M	28.2M
Total Current Assets	2.1M	5.0M	3.4M	1.2M	322.3K	306.2K
Common Stock	13.2M	27.3M	45.5M	54.0M	62.1M	65.2M
Property Plant Equipment	992.3K	4.9M	21.6M	21.2M	24.4M	25.6M
Other Current Liab	32K	117.0K	12.9M	17.5M	20.1M	21.1M
Property Plant And Equipment Net	992.3K	4.9M	21.6M	21.2M	8.4M	9.1M
Non Currrent Assets Other	565.6K	940.5K	3.5M	2.8M	1.2M	1.6M
Other Assets	565.6K	940.5K	3.5M	2.8M	3.3M	3.4M
Common Stock Shares Outstanding	49.6M	102.9M	154.6M	195.7M	302.5M	317.6M
Net Invested Capital	3.3M	9.7M	11.3M	4.6M	(16.2M)	(15.3M)
Accumulated Other Comprehensive Income	1.5M	2.5M	4.1M	7.7M	8.8M	9.3M
Net Working Capital	1.7M	4.1M	(11.1M)	(17.1M)	(23.7M)	(22.5M)
Capital Stock	13.2M	27.3M	45.5M	54.0M	58.2M	38.0M

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