Solaris Historical Financial Ratios

SLS Stock

4.81 0.16 3.44%

Solaris Resources is promptly reporting on over 85 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 0.17, Invested Capital of 0.0, Average Payables of 0.0 or Stock Based Compensation To Revenue of 0.0 will help investors to properly organize and evaluate Solaris Resources financial condition quickly.

Quick Ratio Current Ratio

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solaris Resources. 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.

About Solaris Financial Ratios Analysis

Solaris ResourcesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Solaris Resources investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Solaris financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Solaris Resources history.

Solaris Resources Financial Ratios Chart

At this time, Solaris Resources' Income Quality is very stable compared to the past year. As of the 11th of December 2024, Graham Number is likely to grow to 0.99, while PTB Ratio is likely to drop 12.93.

Book Value Per Share Cash Per Share

Add Fundamental

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most ratios from Solaris Resources' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Solaris Resources current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solaris Resources. 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.

	2021	2022	2023	2024 (projected)
PB Ratio	40.93	26.56	25.26	12.93
Capex To Depreciation	4.12	1.43	0.0959	0.0911

Pb Ratio Capex To Depreciation

Solaris Resources fundamentals Correlations

	Ptb Ratio	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Capex To Depreciation	Pb Ratio	Free Cash Flow Per Share	Roic	Net Income Per Share	Cash Per Share	Pocfratio	Capex To Operating Cash Flow	Pfcf Ratio	Income Quality	Roe	Ev To Operating Cash Flow	Pe Ratio	Return On Tangible Assets	Ev To Free Cash Flow	Earnings Yield	Net Debt To E B I T D A	Current Ratio	Tangible Book Value Per Share	Graham Number	Shareholders Equity Per Share	Debt To Equity
Ptb Ratio		-0.45	-0.62	-0.89	0.06	1.0	-0.9	-0.79	-0.81	0.27	0.62	-0.45	0.62	-0.13	-0.79	0.62	0.03	-0.85	0.62	-0.37	-0.01	0.09	-0.45	0.41	-0.27	-0.23
Book Value Per Share	-0.45		0.52	0.35	0.79	-0.45	0.34	0.35	0.02	0.51	-0.35	-0.51	-0.35	-0.33	0.54	-0.35	-0.07	0.37	-0.35	0.0	0.7	0.07	1.0	0.53	0.95	0.48
Free Cash Flow Yield	-0.62	0.52		0.83	0.03	-0.62	0.83	0.67	0.69	-0.38	-0.83	0.25	-0.83	-0.18	0.89	-0.83	-0.41	0.79	-0.83	0.57	-0.17	-0.45	0.52	-0.34	0.27	0.6
Operating Cash Flow Per Share	-0.89	0.35	0.83		-0.19	-0.89	1.0	0.89	0.93	-0.45	-0.74	0.56	-0.74	0.1	0.9	-0.74	-0.2	0.97	-0.74	0.59	-0.21	-0.22	0.35	-0.58	0.12	0.34
Capex To Depreciation	0.06	0.79	0.03	-0.19		0.06	-0.2	-0.06	-0.49	0.87	0.25	-0.91	0.25	-0.31	0.09	0.25	-0.03	-0.1	0.25	-0.22	0.93	0.32	0.79	0.89	0.92	0.28
Pb Ratio	1.0	-0.45	-0.62	-0.89	0.06		-0.9	-0.79	-0.81	0.27	0.62	-0.45	0.62	-0.13	-0.79	0.62	0.03	-0.85	0.62	-0.37	-0.01	0.09	-0.45	0.41	-0.27	-0.23
Free Cash Flow Per Share	-0.9	0.34	0.83	1.0	-0.2	-0.9		0.89	0.93	-0.46	-0.74	0.58	-0.74	0.1	0.9	-0.74	-0.2	0.97	-0.74	0.58	-0.22	-0.22	0.34	-0.59	0.11	0.33
Roic	-0.79	0.35	0.67	0.89	-0.06	-0.79	0.89		0.83	-0.2	-0.45	0.41	-0.45	0.4	0.85	-0.45	0.14	0.97	-0.45	0.68	0.02	0.22	0.35	-0.41	0.22	0.19
Net Income Per Share	-0.81	0.02	0.69	0.93	-0.49	-0.81	0.93	0.83		-0.68	-0.65	0.77	-0.65	0.33	0.8	-0.65	-0.07	0.9	-0.65	0.7	-0.46	-0.19	0.02	-0.81	-0.2	0.28
Cash Per Share	0.27	0.51	-0.38	-0.45	0.87	0.27	-0.46	-0.2	-0.68		0.56	-0.86	0.56	-0.18	-0.28	0.56	0.21	-0.33	0.56	-0.46	0.94	0.58	0.51	0.94	0.74	-0.14
Pocfratio	0.62	-0.35	-0.83	-0.74	0.25	0.62	-0.74	-0.45	-0.65	0.56		-0.48	1.0	0.33	-0.62	1.0	0.36	-0.59	1.0	-0.25	0.42	0.66	-0.35	0.49	-0.05	-0.39
Capex To Operating Cash Flow	-0.45	-0.51	0.25	0.56	-0.91	-0.45	0.58	0.41	0.77	-0.86	-0.48		-0.48	0.28	0.25	-0.48	-0.05	0.47	-0.48	0.34	-0.82	-0.32	-0.51	-0.96	-0.71	-0.17
Pfcf Ratio	0.62	-0.35	-0.83	-0.74	0.25	0.62	-0.74	-0.45	-0.65	0.56	1.0	-0.48		0.33	-0.62	1.0	0.36	-0.59	1.0	-0.25	0.42	0.66	-0.35	0.49	-0.05	-0.39
Income Quality	-0.13	-0.33	-0.18	0.1	-0.31	-0.13	0.1	0.4	0.33	-0.18	0.33	0.28	0.33		0.17	0.33	0.76	0.25	0.33	0.63	-0.07	0.65	-0.33	-0.3	-0.26	-0.06
Roe	-0.79	0.54	0.89	0.9	0.09	-0.79	0.9	0.85	0.8	-0.28	-0.62	0.25	-0.62	0.17		-0.62	-0.14	0.93	-0.62	0.74	0.01	-0.1	0.54	-0.34	0.35	0.61
Ev To Operating Cash Flow	0.62	-0.35	-0.83	-0.74	0.25	0.62	-0.74	-0.45	-0.65	0.56	1.0	-0.48	1.0	0.33	-0.62		0.36	-0.59	1.0	-0.25	0.42	0.66	-0.35	0.49	-0.05	-0.39
Pe Ratio	0.03	-0.07	-0.41	-0.2	-0.03	0.03	-0.2	0.14	-0.07	0.21	0.36	-0.05	0.36	0.76	-0.14	0.36		-0.06	0.36	0.17	0.25	0.79	-0.07	0.13	0.04	-0.17
Return On Tangible Assets	-0.85	0.37	0.79	0.97	-0.1	-0.85	0.97	0.97	0.9	-0.33	-0.59	0.47	-0.59	0.25	0.93	-0.59	-0.06		-0.59	0.69	-0.09	-0.01	0.37	-0.5	0.18	0.33
Ev To Free Cash Flow	0.62	-0.35	-0.83	-0.74	0.25	0.62	-0.74	-0.45	-0.65	0.56	1.0	-0.48	1.0	0.33	-0.62	1.0	0.36	-0.59		-0.25	0.42	0.66	-0.35	0.49	-0.05	-0.39
Earnings Yield	-0.37	0.0	0.57	0.59	-0.22	-0.37	0.58	0.68	0.7	-0.46	-0.25	0.34	-0.25	0.63	0.74	-0.25	0.17	0.69	-0.25		-0.26	0.13	0.0	-0.5	-0.11	0.51
Net Debt To E B I T D A	-0.01	0.7	-0.17	-0.21	0.93	-0.01	-0.22	0.02	-0.46	0.94	0.42	-0.82	0.42	-0.07	0.01	0.42	0.25	-0.09	0.42	-0.26		0.6	0.7	0.87	0.88	0.07
Current Ratio	0.09	0.07	-0.45	-0.22	0.32	0.09	-0.22	0.22	-0.19	0.58	0.66	-0.32	0.66	0.65	-0.1	0.66	0.79	-0.01	0.66	0.13	0.6		0.07	0.38	0.28	-0.2
Tangible Book Value Per Share	-0.45	1.0	0.52	0.35	0.79	-0.45	0.34	0.35	0.02	0.51	-0.35	-0.51	-0.35	-0.33	0.54	-0.35	-0.07	0.37	-0.35	0.0	0.7	0.07		0.53	0.95	0.48
Graham Number	0.41	0.53	-0.34	-0.58	0.89	0.41	-0.59	-0.41	-0.81	0.94	0.49	-0.96	0.49	-0.3	-0.34	0.49	0.13	-0.5	0.49	-0.5	0.87	0.38	0.53		0.73	-0.02
Shareholders Equity Per Share	-0.27	0.95	0.27	0.12	0.92	-0.27	0.11	0.22	-0.2	0.74	-0.05	-0.71	-0.05	-0.26	0.35	-0.05	0.04	0.18	-0.05	-0.11	0.88	0.28	0.95	0.73		0.36
Debt To Equity	-0.23	0.48	0.6	0.34	0.28	-0.23	0.33	0.19	0.28	-0.14	-0.39	-0.17	-0.39	-0.06	0.61	-0.39	-0.17	0.33	-0.39	0.51	0.07	-0.2	0.48	-0.02	0.36

Click cells to compare fundamentals

Solaris Resources Account Relationship Matchups

Solaris Resources fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Ptb Ratio	4.53	4.7	40.93	26.56	25.26	12.93
Book Value Per Share	0.34	1.12	0.4	0.25	0.18	0.17
Free Cash Flow Yield	(0.0447)	(0.0401)	(0.0336)	(0.11)	(0.0868)	(0.0911)
Operating Cash Flow Per Share	(0.0515)	(0.18)	(0.43)	(0.51)	(0.27)	(0.28)
Capex To Depreciation	0.54	10.06	4.12	1.43	0.0959	0.0911
Pb Ratio	4.53	4.7	40.93	26.56	25.26	12.93
Free Cash Flow Per Share	(0.0516)	(0.19)	(0.45)	(0.52)	(0.27)	(0.28)
Roic	0.79	(0.31)	(1.63)	(2.82)	(0.88)	(0.92)
Net Income Per Share	0.0371	(0.42)	(0.51)	(0.49)	(0.29)	(0.3)
Cash Per Share	0.0689	0.95	0.32	0.13	0.27	0.2
Pocfratio	(22.42)	(26.17)	(30.88)	(9.24)	(11.55)	(12.13)
Capex To Operating Cash Flow	(0.001538)	(0.0485)	(0.036)	(0.0191)	(0.002323)	(0.002439)
Pfcf Ratio	(22.38)	(24.96)	(29.81)	(9.07)	(11.52)	(12.1)
Income Quality	4.54	0.54	0.82	0.99	0.93	1.61
Roe	0.15	(0.41)	(1.56)	(2.74)	(2.34)	(2.22)
Ev To Operating Cash Flow	(21.1)	(20.97)	(30.16)	(8.99)	(11.3)	(11.87)
Pe Ratio	31.07	(11.35)	(26.26)	(9.69)	(10.79)	(11.33)
Return On Tangible Assets	0.1	(0.34)	(0.95)	(1.45)	(0.66)	(0.7)
Ev To Free Cash Flow	(21.07)	(20.0)	(29.11)	(8.83)	(11.28)	(11.84)
Earnings Yield	0.0322	(0.0881)	(0.0381)	(0.1)	(0.0927)	(0.0973)
Net Debt To E B I T D A	0.62	3.8	0.57	0.24	0.23	0.22
Current Ratio	13.58	10.05	2.75	1.73	7.35	4.38
Tangible Book Value Per Share	0.34	1.12	0.4	0.25	0.18	0.17
Graham Number	0.46	3.1	1.94	1.4	0.89	0.99
Capex Per Share	7.9E-5	0.008837	0.0156	0.009824	6.26E-4	5.95E-4
Graham Net Net	0.046	0.84	0.18	0.0398	0.0177	0.0168
Enterprise Value Over E B I T D A	(9.99)	(15.32)	(23.83)	(8.8)	(10.72)	(11.25)
Price Earnings Ratio	31.07	(11.35)	(26.26)	(9.69)	(10.79)	(11.33)
Price Book Value Ratio	4.53	4.7	40.93	26.56	25.26	12.93
Price Earnings To Growth Ratio	(0.12)	0.009211	(1.23)	2.47	0.26	0.3
Price To Operating Cash Flows Ratio	(22.42)	(26.17)	(30.88)	(9.24)	(11.55)	(12.13)
Price To Free Cash Flows Ratio	(22.38)	(24.96)	(29.81)	(9.07)	(11.52)	(12.1)
Ebt Per Ebit	0.69	0.18	1.34	0.96	0.97	0.7
Effective Tax Rate	4.27	(0.25)	0.035	0.0516	0.0593	0.0563
Company Equity Multiplier	1.44	1.21	1.64	1.9	3.53	3.71
Return On Capital Employed	(0.17)	(0.22)	(1.32)	(2.03)	(0.73)	(0.77)
Quick Ratio	13.58	10.04	2.74	1.71	7.33	4.38
Net Income Per E B T	(3.27)	1.25	0.97	0.95	1.0	1.05

Pair Trading with Solaris Resources

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 Solaris Resources 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 Solaris Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Solaris Stock

0.72	INFM	Infinico Metals Corp	Pair Corr
0.62	IAU	i 80 Gold	Pair Corr
0.49	ORE	Orezone Gold Corp	Pair Corr
0.35	TD	Toronto Dominion Bank	Pair Corr
0.34	AQN	Algonquin Power Utilities	Pair Corr

The ability to find closely correlated positions to Solaris Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solaris Resources 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 Solaris Resources - 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 Solaris Resources to buy it.

The correlation of Solaris Resources 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 Solaris Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solaris Resources 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 Solaris Resources 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 Correlation Correlation Matching

Other Information on Investing in Solaris Stock

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Price Book Value Ratio	Price Earnings To Growth Ratio
Days Of Payables Outstanding	Dividend Payout Ratio
Price To Operating Cash Flows Ratio	Price To Free Cash Flows Ratio
Pretax Profit Margin	Ebt Per Ebit
Operating Profit Margin	Effective Tax Rate
Company Equity Multiplier	Long Term Debt To Capitalization
Total Debt To Capitalization	Return On Capital Employed
Debt Equity Ratio	Ebit Per Revenue
Quick Ratio	Dividend Paid And Capex Coverage Ratio
Net Income Per E B T	Cash Ratio
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Solaris Historical Financial Ratios

About Solaris Financial Ratios Analysis

Solaris Resources Financial Ratios Chart

Book Value Per Share

Solaris Resources fundamentals Correlations

Solaris Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Solaris Resources fundamentals Accounts

Pair Trading with Solaris Resources

Moving against Solaris Stock

Other Information on Investing in Solaris Stock

COMMON DESTINATIONS

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Pb Ratio	+ 1.0	Ptb Ratio
Tangible Book Value Per Share	+ 1.0	Book Value Per Share
Free Cash Flow Per Share	+ 1.0	Operating Cash Flow Per Share
Pfcf Ratio	+ 1.0	Pocfratio
Ev To Operating Cash Flow	+ 1.0	Pocfratio
Ev To Free Cash Flow	+ 1.0	Pocfratio

Graham Number	- 0.96	Capex To Operating Cash Flow
Capex To Operating Cash Flow	- 0.91	Capex To Depreciation
Free Cash Flow Per Share	- 0.9	Pb Ratio
Free Cash Flow Per Share	- 0.9	Ptb Ratio
Pb Ratio	- 0.89	Operating Cash Flow Per Share
Operating Cash Flow Per Share	- 0.89	Ptb Ratio