Southern Roic vs Book Value Per Share Analysis

SSV Stock  CAD 0.20  0.01  4.76%   
Southern Silver financial indicator trend analysis is much more than just breaking down Southern Silver Expl prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Silver Expl is a good investment. Please check the relationship between Southern Silver Roic and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Silver Exploration. 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.

Roic vs Book Value Per Share

Roic vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Silver Expl Roic account and Book Value Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Southern Silver's Roic and Book Value Per Share is -0.53. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Southern Silver Exploration, assuming nothing else is changed. The correlation between historical values of Southern Silver's Roic and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Southern Silver Exploration are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Roic i.e., Southern Silver's Roic and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

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 indicators from Southern Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Silver Expl 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 Southern Silver Exploration. 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.
Enterprise Value is likely to climb to about 53.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 699.6 K in 2024.

Southern Silver fundamental ratios Correlations

0.421.00.98-0.7-0.80.260.70.99-0.140.7-0.320.940.420.70.930.370.20.740.530.390.530.980.8-0.450.97
0.420.350.39-0.46-0.090.250.460.38-0.110.46-0.140.171.00.450.20.990.06-0.07-0.030.11-0.030.30.210.070.36
1.00.350.98-0.69-0.820.260.690.99-0.140.69-0.330.960.350.690.940.310.20.770.550.40.550.990.8-0.470.97
0.980.390.98-0.56-0.790.30.560.99-0.170.56-0.40.920.390.560.930.340.240.660.580.320.580.980.79-0.551.0
-0.7-0.46-0.69-0.560.41-0.34-1.0-0.580.15-1.00.14-0.56-0.46-1.0-0.47-0.43-0.12-0.780.03-0.340.03-0.58-0.41-0.19-0.51
-0.8-0.09-0.82-0.790.41-0.16-0.41-0.83-0.05-0.410.06-0.9-0.09-0.41-0.94-0.02-0.08-0.58-0.71-0.6-0.71-0.83-0.810.53-0.79
0.260.250.260.3-0.34-0.160.340.23-0.320.34-0.020.070.250.340.180.120.240.36-0.1-0.11-0.10.2-0.080.090.25
0.70.460.690.56-1.0-0.410.340.58-0.151.0-0.140.550.461.00.470.430.110.78-0.030.34-0.030.580.410.20.51
0.990.380.990.99-0.58-0.830.230.58-0.130.58-0.340.950.380.580.950.330.210.670.610.370.610.990.82-0.550.99
-0.14-0.11-0.14-0.170.15-0.05-0.32-0.15-0.13-0.150.21-0.04-0.11-0.15-0.07-0.07-0.11-0.23-0.010.13-0.01-0.140.260.08-0.17
0.70.460.690.56-1.0-0.410.341.00.58-0.15-0.140.550.461.00.470.430.110.78-0.030.34-0.030.580.410.20.51
-0.32-0.14-0.33-0.40.140.06-0.02-0.14-0.340.21-0.14-0.24-0.14-0.12-0.24-0.15-0.2-0.2-0.090.23-0.09-0.34-0.240.22-0.4
0.940.170.960.92-0.56-0.90.070.550.95-0.040.55-0.240.170.560.970.140.120.720.680.490.680.970.87-0.580.93
0.421.00.350.39-0.46-0.090.250.460.38-0.110.46-0.140.170.450.20.990.06-0.07-0.030.11-0.030.30.210.070.36
0.70.450.690.56-1.0-0.410.341.00.58-0.151.0-0.120.560.450.470.420.110.78-0.020.34-0.020.580.410.20.51
0.930.20.940.93-0.47-0.940.180.470.95-0.070.47-0.240.970.20.470.140.160.650.740.480.740.960.85-0.660.94
0.370.990.310.34-0.43-0.020.120.430.33-0.070.43-0.150.140.990.420.140.04-0.12-0.050.1-0.050.260.20.110.31
0.20.060.20.24-0.12-0.080.240.110.21-0.110.11-0.20.120.060.110.160.040.14-0.11-0.43-0.110.180.11-0.090.22
0.74-0.070.770.66-0.78-0.580.360.780.67-0.230.78-0.20.72-0.070.780.65-0.120.140.240.330.240.710.47-0.110.64
0.53-0.030.550.580.03-0.71-0.1-0.030.61-0.01-0.03-0.090.68-0.03-0.020.74-0.05-0.110.240.611.00.660.62-0.730.64
0.390.110.40.32-0.34-0.6-0.110.340.370.130.340.230.490.110.340.480.1-0.430.330.610.610.410.41-0.090.33
0.53-0.030.550.580.03-0.71-0.1-0.030.61-0.01-0.03-0.090.68-0.03-0.020.74-0.05-0.110.241.00.610.660.62-0.730.64
0.980.30.990.98-0.58-0.830.20.580.99-0.140.58-0.340.970.30.580.960.260.180.710.660.410.660.83-0.590.98
0.80.210.80.79-0.41-0.81-0.080.410.820.260.41-0.240.870.210.410.850.20.110.470.620.410.620.83-0.550.8
-0.450.07-0.47-0.55-0.190.530.090.2-0.550.080.20.22-0.580.070.2-0.660.11-0.09-0.11-0.73-0.09-0.73-0.59-0.55-0.61
0.970.360.971.0-0.51-0.790.250.510.99-0.170.51-0.40.930.360.510.940.310.220.640.640.330.640.980.8-0.61
Click cells to compare fundamentals

Southern Silver Account Relationship Matchups

Southern Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.7M41.3M45.7M39.2M35.5M37.3M
Total Current Liabilities337.0K5.5M746.8K487.1K491.2K681.0K
Total Stockholder Equity8.3M35.8M44.9M38.7M35.0M36.8M
Property Plant And Equipment Net318.7K33.5M34.0M34.2M34.5M36.3M
Net Debt(3.6M)(7.8M)(11.3M)(4.7M)(730.5K)(767.0K)
Retained Earnings(37.6M)(37.8M)(46.8M)(52.0M)(53.9M)(51.3M)
Accounts Payable276.6K520.9K714.8K442.9K444.8K408.1K
Cash3.6M7.8M11.3M4.7M730.5K693.9K
Non Current Assets Total4.9M33.5M34.1M34.4M34.7M36.4M
Non Currrent Assets Other38.3K4.5M136.9K145.6K146.9K139.6K
Cash And Short Term Investments3.6M7.8M11.3M4.7M730.5K693.9K
Net Receivables65.4K24.2K32.6K24.2K22.1K21.0K
Common Stock Shares Outstanding120.9M195.4M283.7M291.5M291.5M306.1M
Liabilities And Stockholders Equity8.7M41.3M45.7M39.2M35.5M37.3M
Total Liab337.0K5.5M746.8K487.1K491.2K682.1K
Total Current Assets3.8M7.8M11.6M4.8M843.9K801.7K
Common Stock37.6M43.2M66.4M82.2M94.6M99.3M
Other Current Liab60.4K5.0M32.0K44.2K46.4K44.1K
Other Stockholder Equity2.8M7.2M9.5M8.5M6.7M8.1M
Other Current Assets56.9K41.8K254.0K146.3K91.3K77.4K
Net Tangible Assets8.3M35.8M44.9M38.7M44.5M46.8M
Property Plant Equipment318.7K33.5M34.0M34.2M39.4M41.3M
Net Invested Capital8.3M35.8M44.9M38.7M35.0M24.9M
Net Working Capital3.4M2.3M10.8M4.4M352.7K335.1K

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