Reyna Total Liab vs Net Tangible Assets 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 Total Liab and its Net Tangible Assets 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.

Total Liab vs Net Tangible Assets

Total Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reyna Silver Corp Total Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Reyna Silver's Total Liab and Net Tangible Assets is -0.33. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Tangible Assets 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 Total Liab and Net Tangible 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 Total Liab of Reyna Silver Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Liab i.e., Reyna Silver's Total Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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

0.81.00.99-0.820.960.570.880.280.82-0.311.00.680.940.540.910.82-0.40.890.770.890.64
0.80.810.83-0.870.930.10.920.080.92-0.420.810.230.910.090.870.88-0.510.930.850.860.89
1.00.810.99-0.810.970.580.880.30.82-0.381.00.680.940.550.910.81-0.390.890.770.890.63
0.990.830.99-0.830.960.530.910.260.87-0.330.990.640.960.50.920.83-0.40.910.780.910.66
-0.82-0.87-0.81-0.83-0.85-0.01-0.940.2-0.960.25-0.81-0.15-0.930.03-0.98-1.00.75-0.96-0.99-0.93-0.93
0.960.930.970.96-0.850.420.930.240.88-0.410.970.550.950.410.920.86-0.410.940.810.90.76
0.570.10.580.53-0.010.420.150.790.05-0.160.580.990.290.990.220.010.260.15-0.070.19-0.24
0.880.920.880.91-0.940.930.15-0.110.98-0.290.880.280.990.120.940.93-0.491.00.920.990.87
0.280.080.30.260.20.240.79-0.11-0.12-0.320.30.770.020.82-0.01-0.170.22-0.09-0.28-0.13-0.31
0.820.920.820.87-0.960.880.050.98-0.12-0.270.820.180.960.020.930.94-0.60.980.930.960.91
-0.31-0.42-0.38-0.330.25-0.41-0.16-0.29-0.32-0.27-0.38-0.24-0.33-0.28-0.3-0.260.09-0.3-0.24-0.32-0.17
1.00.811.00.99-0.810.970.580.880.30.82-0.380.680.940.550.910.81-0.390.890.770.890.63
0.680.230.680.64-0.150.550.990.280.770.18-0.240.680.410.980.350.150.160.280.070.32-0.11
0.940.910.940.96-0.930.950.290.990.020.96-0.330.940.410.250.960.92-0.490.990.90.980.82
0.540.090.550.50.030.410.990.120.820.02-0.280.550.980.250.18-0.030.30.12-0.10.16-0.28
0.910.870.910.92-0.980.920.220.94-0.010.93-0.30.910.350.960.180.98-0.690.960.960.940.86
0.820.880.810.83-1.00.860.010.93-0.170.94-0.260.810.150.92-0.030.98-0.770.950.990.910.94
-0.4-0.51-0.39-0.40.75-0.410.26-0.490.22-0.60.09-0.390.16-0.490.3-0.69-0.77-0.54-0.75-0.47-0.72
0.890.930.890.91-0.960.940.151.0-0.090.98-0.30.890.280.990.120.960.95-0.540.940.980.89
0.770.850.770.78-0.990.81-0.070.92-0.280.93-0.240.770.070.9-0.10.960.99-0.750.940.910.94
0.890.860.890.91-0.930.90.190.99-0.130.96-0.320.890.320.980.160.940.91-0.470.980.910.81
0.640.890.630.66-0.930.76-0.240.87-0.310.91-0.170.63-0.110.82-0.280.860.94-0.720.890.940.81
Click cells to compare fundamentals

Reyna Silver Account Relationship Matchups

Reyna Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9M16.6M16.5M16.0M14.7M12.9M
Total Current Liabilities250.8K448.5K350.2K575.9K576.5K462.5K
Total Stockholder Equity1.2M16.1M16.2M15.5M14.2M11.9M
Net Tangible Assets925.1K16.1M16.2M15.5M17.8M10.7M
Retained Earnings(696.0K)(6.4M)(18.2M)(26.8M)(35.8M)(34.0M)
Accounts Payable23.0K448.5K350.2K567.1K464.9K354.0K
Cash2.4M11.3M7.7M2.0M96.1K91.3K
Non Current Assets Total1.5M5.0M8.7M13.7M14.6M8.2M
Net Receivables1.4K80.7K15.4K4.4K6.8K6.4K
Total Liab2.7M448.5K350.2K575.9K576.5K719.3K
Net Invested Capital1.2M16.1M16.2M15.5M14.2M11.9M
Total Current Assets1.1M11.5M7.8M2.4M168.8K160.3K
Capital Stock1.9M19.9M27.7M34.8M41.2M23.3M
Net Working Capital885.5K11.1M7.5M1.8M(407.7K)(387.3K)
Common Stock858.1K19.9M27.7M34.8M40.1M42.1M
Property Plant Equipment2.3M4.9M7.4M11.6M13.4M14.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.