Reyna Accounts Payable vs Property Plant Equipment Analysis
RSLV Stock | CAD 0.12 0.01 9.09% |
Reyna Silver financial indicator trend analysis is much more than just breaking down Reyna Silver Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reyna Silver Corp is a good investment. Please check the relationship between Reyna Silver Accounts Payable and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reyna Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Accounts Payable vs Property Plant Equipment
Accounts Payable vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reyna Silver Corp Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Reyna Silver's Accounts Payable and Property Plant Equipment is 0.86. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Reyna Silver Corp, assuming nothing else is changed. The correlation between historical values of Reyna Silver's Accounts Payable 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 Accounts Payable of Reyna Silver Corp 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 Accounts Payable i.e., Reyna Silver's Accounts Payable and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Reyna Silver obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Reyna Silver Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Property Plant Equipment
Most indicators from Reyna Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reyna Silver Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reyna Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. Selling General Administrative is likely to climb to about 2.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.5 M in 2024.
Reyna Silver fundamental ratios Correlations
Click cells to compare fundamentals
Reyna Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Reyna Silver fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9M | 16.6M | 16.5M | 16.0M | 14.7M | 12.9M | |
Total Current Liabilities | 250.8K | 448.5K | 350.2K | 575.9K | 576.5K | 462.5K | |
Total Stockholder Equity | 1.2M | 16.1M | 16.2M | 15.5M | 14.2M | 11.9M | |
Net Tangible Assets | 925.1K | 16.1M | 16.2M | 15.5M | 17.8M | 10.7M | |
Retained Earnings | (696.0K) | (6.4M) | (18.2M) | (26.8M) | (35.8M) | (34.0M) | |
Accounts Payable | 23.0K | 448.5K | 350.2K | 567.1K | 464.9K | 354.0K | |
Cash | 2.4M | 11.3M | 7.7M | 2.0M | 96.1K | 91.3K | |
Non Current Assets Total | 1.5M | 5.0M | 8.7M | 13.7M | 14.6M | 8.2M | |
Net Receivables | 1.4K | 80.7K | 15.4K | 4.4K | 6.8K | 6.4K | |
Total Liab | 2.7M | 448.5K | 350.2K | 575.9K | 576.5K | 719.3K | |
Net Invested Capital | 1.2M | 16.1M | 16.2M | 15.5M | 14.2M | 11.9M | |
Total Current Assets | 1.1M | 11.5M | 7.8M | 2.4M | 168.8K | 160.3K | |
Capital Stock | 1.9M | 19.9M | 27.7M | 34.8M | 41.2M | 23.3M | |
Net Working Capital | 885.5K | 11.1M | 7.5M | 1.8M | (407.7K) | (387.3K) | |
Common Stock | 858.1K | 19.9M | 27.7M | 34.8M | 40.1M | 42.1M | |
Property Plant Equipment | 2.3M | 4.9M | 7.4M | 11.6M | 13.4M | 14.0M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Reyna Stock Analysis
When running Reyna Silver's price analysis, check to measure Reyna Silver's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reyna Silver is operating at the current time. Most of Reyna Silver's value examination focuses on studying past and present price action to predict the probability of Reyna Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reyna Silver's price. Additionally, you may evaluate how the addition of Reyna Silver to your portfolios can decrease your overall portfolio volatility.