Solaris Ptb Ratio vs Debt To Equity Analysis
SLS Stock | 4.57 0.04 0.87% |
Solaris Resources financial indicator trend analysis is much more than just breaking down Solaris Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solaris Resources is a good investment. Please check the relationship between Solaris Resources Ptb Ratio and its Debt To Equity accounts. 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.
Ptb Ratio vs Debt To Equity
Ptb Ratio vs Debt To Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solaris Resources Ptb Ratio account and Debt To Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Solaris Resources' Ptb Ratio and Debt To Equity is 0.41. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Debt To Equity in the same time period over historical financial statements of Solaris Resources, assuming nothing else is changed. The correlation between historical values of Solaris Resources' Ptb Ratio and Debt To Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Solaris Resources are associated (or correlated) with its Debt To Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Debt To Equity has no effect on the direction of Ptb Ratio i.e., Solaris Resources' Ptb Ratio and Debt To Equity go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Debt To Equity
A measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets.Most indicators from Solaris Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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. At this time, Solaris Resources' Selling General Administrative is very stable compared to the past year. As of the 1st of March 2025, Issuance Of Capital Stock is likely to grow to about 13.4 M, while Enterprise Value Over EBITDA is likely to drop (10.13).
Solaris Resources fundamental ratios Correlations
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Solaris Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Solaris Resources fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 94.9M | 57.7M | 38.5M | 61.8M | 71.1M | 51.5M | |
Total Current Liabilities | 7.3M | 12.7M | 8.8M | 5.4M | 6.2M | 5.5M | |
Total Stockholder Equity | 78.6M | 35.2M | 20.3M | 17.5M | 20.1M | 31.3M | |
Net Tangible Assets | 12.9M | 20.7M | 78.6M | 35.2M | 40.5M | 35.2M | |
Property Plant And Equipment Net | 21.0M | 22.7M | 23.0M | 21.9M | 25.1M | 23.5M | |
Net Debt | (73.5M) | (33.6M) | (14.5M) | (9.4M) | (8.5M) | (8.9M) | |
Retained Earnings | (49.1M) | (105.9M) | (164.6M) | (205.6M) | (185.0M) | (175.8M) | |
Accounts Payable | 3.2M | 10.8M | 8.3M | 5.3M | 6.1M | 4.4M | |
Cash | 73.6M | 33.9M | 14.8M | 38.9M | 44.7M | 26.3M | |
Non Current Assets Total | 21.1M | 22.8M | 23.3M | 22.4M | 25.8M | 24.8M | |
Cash And Short Term Investments | 73.6M | 33.9M | 14.8M | 38.9M | 44.7M | 26.3M | |
Common Stock Shares Outstanding | 77.4M | 107.6M | 113.6M | 142.1M | 163.4M | 102.9M | |
Long Term Debt Total | 65K | 79K | 188K | 90K | 103.5K | 77.4K | |
Liabilities And Stockholders Equity | 94.9M | 57.7M | 38.5M | 61.8M | 71.1M | 51.5M | |
Other Current Assets | 244K | 724K | 137K | 230K | 264.5K | 242K | |
Other Stockholder Equity | 16.5M | 0.0 | 13.9M | 15.1M | 17.4M | 18.3M | |
Total Liab | 8.4M | 14.5M | 10.3M | 36.4M | 41.9M | 43.9M | |
Total Current Assets | 73.8M | 34.9M | 15.3M | 39.4M | 45.3M | 26.7M | |
Cash And Equivalents | 6.1M | 73.6M | 33.9M | 14.8M | 17.0M | 23.6M | |
Short Term Debt | 56K | 136K | 145K | 88K | 101.2K | 71.8K | |
Common Stock | 110.2M | 119.6M | 170.0M | 206.4M | 237.3M | 249.2M | |
Property Plant Equipment | 20.3M | 21.0M | 22.7M | 23.0M | 26.4M | 23.4M | |
Non Currrent Assets Other | 70K | 74K | 313K | 571K | 513.9K | 488.2K | |
Other Assets | 0.0 | 70K | 74K | 313K | 281.7K | 340.8K | |
Non Current Liabilities Total | 1.0M | 1.9M | 1.5M | 31.0M | 35.7M | 37.5M | |
Capital Lease Obligations | 135K | 324K | 235K | 91K | 104.7K | 161.7K | |
Net Invested Capital | 78.6M | 35.2M | 20.3M | 46.9M | 53.9M | 39.7M | |
Accumulated Other Comprehensive Income | 1.0M | 21.6M | 1.0M | 1.6M | 1.8M | 1.7M | |
Capital Stock | 110.2M | 119.6M | 170.0M | 206.4M | 237.3M | 125.0M | |
Net Working Capital | 66.5M | 22.2M | 6.4M | 34.0M | 39.1M | 24.8M | |
Short Long Term Debt Total | 135K | 324K | 235K | 29.5M | 33.9M | 35.6M | |
Other Current Liab | 4.0M | 1.8M | 365K | 88.0 | 79.2 | 75.24 | |
Property Plant And Equipment Gross | 21.2M | 23.3M | 24.1M | 24.2M | 27.8M | 24.9M |
Other Information on Investing in Solaris Stock
Balance Sheet is a snapshot of the financial position of Solaris Resources at a specified time, usually calculated after every quarter, six months, or one year. Solaris Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Solaris Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Solaris currently owns. An asset can also be divided into two categories, current and non-current.