Silver Property Plant Equipment vs Accounts Payable Analysis

SVE Stock  CAD 0.21  0.01  4.55%   
Silver One financial indicator trend analysis is much more than just breaking down Silver One Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silver One Resources is a good investment. Please check the relationship between Silver One Property Plant Equipment and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silver One 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.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver One Resources Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Silver One's Property Plant Equipment and Accounts Payable is 0.03. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Silver One Resources, assuming nothing else is changed. The correlation between historical values of Silver One's Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Silver One Resources are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Silver One's Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Silver One 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 Silver One Resources 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.
Most indicators from Silver One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silver One 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 Silver One 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.
Selling General Administrative is likely to drop to about 1.3 M in 2024. Issuance Of Capital Stock is likely to drop to about 3.3 M in 2024

Silver One fundamental ratios Correlations

0.441.0-0.59-0.940.430.610.640.840.960.190.780.64-0.140.380.970.920.84-0.60.350.890.860.940.39-0.760.93
0.440.42-0.67-0.190.940.660.810.080.340.150.730.80.210.70.360.450.15-0.680.440.060.160.370.680.030.27
1.00.42-0.59-0.940.420.610.640.850.960.190.770.63-0.150.370.970.920.84-0.60.350.890.860.940.39-0.770.94
-0.59-0.67-0.590.35-0.72-0.98-0.96-0.34-0.5-0.05-0.5-0.950.2-0.77-0.55-0.61-0.310.49-0.59-0.23-0.32-0.66-0.930.44-0.58
-0.94-0.19-0.940.35-0.16-0.35-0.39-0.94-0.97-0.16-0.64-0.370.09-0.1-0.94-0.88-0.930.46-0.27-0.98-0.95-0.9-0.130.83-0.94
0.430.940.42-0.72-0.160.70.860.070.340.250.680.86-0.080.770.370.450.12-0.620.380.030.130.390.780.00.29
0.610.660.61-0.98-0.350.70.940.330.480.00.510.96-0.240.770.560.60.28-0.450.580.230.30.650.92-0.430.57
0.640.810.64-0.96-0.390.860.940.340.560.180.650.98-0.20.780.590.640.31-0.620.60.260.330.660.9-0.360.57
0.840.080.85-0.34-0.940.070.330.340.880.140.40.3-0.14-0.020.850.830.89-0.40.320.920.920.850.11-0.860.89
0.960.340.96-0.5-0.970.340.480.560.880.180.730.52-0.150.270.950.890.88-0.560.350.930.90.930.29-0.780.94
0.190.150.19-0.05-0.160.250.00.180.140.180.130.11-0.14-0.050.120.170.11-0.550.020.080.10.05-0.04-0.120.07
0.780.730.77-0.5-0.640.680.510.650.40.730.130.650.090.560.750.680.53-0.570.270.580.540.670.43-0.320.63
0.640.80.63-0.95-0.370.860.960.980.30.520.110.65-0.210.860.580.620.29-0.550.470.240.310.660.94-0.360.56
-0.140.21-0.150.20.09-0.08-0.24-0.2-0.14-0.15-0.140.09-0.21-0.12-0.11-0.11-0.1-0.1-0.06-0.09-0.1-0.22-0.270.13-0.23
0.380.70.37-0.77-0.10.770.770.78-0.020.27-0.050.560.86-0.120.350.360.05-0.310.050.020.060.430.89-0.160.32
0.970.360.97-0.55-0.940.370.560.590.850.950.120.750.58-0.110.350.920.84-0.490.320.90.860.940.37-0.80.95
0.920.450.92-0.61-0.880.450.60.640.830.890.170.680.62-0.110.360.920.91-0.570.410.810.920.950.43-0.730.94
0.840.150.84-0.31-0.930.120.280.310.890.880.110.530.29-0.10.050.840.91-0.420.260.911.00.880.09-0.750.92
-0.6-0.68-0.60.490.46-0.62-0.45-0.62-0.4-0.56-0.55-0.57-0.55-0.1-0.31-0.49-0.57-0.42-0.36-0.35-0.44-0.45-0.30.17-0.4
0.350.440.35-0.59-0.270.380.580.60.320.350.020.270.47-0.060.050.320.410.26-0.360.170.270.380.41-0.20.35
0.890.060.89-0.23-0.980.030.230.260.920.930.080.580.24-0.090.020.90.810.91-0.350.170.920.850.01-0.810.9
0.860.160.86-0.32-0.950.130.30.330.920.90.10.540.31-0.10.060.860.921.0-0.440.270.920.890.1-0.760.93
0.940.370.94-0.66-0.90.390.650.660.850.930.050.670.66-0.220.430.940.950.88-0.450.380.850.890.5-0.820.99
0.390.680.39-0.93-0.130.780.920.90.110.29-0.040.430.94-0.270.890.370.430.09-0.30.410.010.10.5-0.250.4
-0.760.03-0.770.440.830.0-0.43-0.36-0.86-0.78-0.12-0.32-0.360.13-0.16-0.8-0.73-0.750.17-0.2-0.81-0.76-0.82-0.25-0.86
0.930.270.94-0.58-0.940.290.570.570.890.940.070.630.56-0.230.320.950.940.92-0.40.350.90.930.990.4-0.86
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Silver One Account Relationship Matchups

Silver One fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.2M34.4M31.9M32.6M35.7M37.5M
Total Current Liabilities647.1K1.1M619.1K234.4K100.9K95.9K
Total Stockholder Equity17.3M33.2M31.3M32.3M34.8M36.5M
Net Debt(19.0K)(11.0M)(8.5M)(3.1M)(959.6K)(1.0M)
Retained Earnings(8.5M)(10.5M)(16.1M)(20.2M)(23.4M)(22.2M)
Accounts Payable428.6K866.6K413.7K179.9K52.6K49.9K
Cash445.4K11.3M8.7M3.1M959.6K1.9M
Cash And Short Term Investments3.0M14.2M10.6M3.8M1.4M2.7M
Net Receivables178.8K237.2K827.3K1.3M817.7K858.6K
Common Stock Shares Outstanding126.9M183.9M205.7M214.5M237.0M248.8M
Liabilities And Stockholders Equity18.2M34.4M31.9M32.6M35.7M37.5M
Non Current Liabilities Total311.1K176.6K13.1K193.0K789.6K829.0K
Other Stockholder Equity1.6M2.2M3.7M4.8M5.5M3.0M
Total Liab958.1K1.3M632.2K234.4K890.5K935.0K
Total Current Assets3.3M20.6M11.5M5.1M2.3M3.4M
Other Current Liab376.3K44K32.5K40.7K48.3K73.0K
Other Current Assets75.2K6.4M236.7K104K91.1K86.6K
Net Tangible Assets17.3M33.2M31.3M32.3M37.2M39.0M
Common Stock24.3M42.1M44.3M46.7M52.4M26.6M
Non Current Assets Total14.9M13.8M20.4M27.4M33.4M17.4M
Non Currrent Assets Other62.6K80.3K538.4K20.6K3.4M3.6M
Other Assets104.8K80.3K538.4K20.6K23.7K22.6K
Property Plant Equipment14.8M13.6M19.9M27.4M31.5M33.1M
Property Plant And Equipment Net14.8M13.6M19.9M27.4M30.0M18.0M
Short Term Investments2.6M2.8M1.9M724.9K422.2K401.1K
Accumulated Other Comprehensive Income(89.6K)(595.1K)(663.0K)1.0M5.8M6.1M
Net Invested Capital17.3M33.2M31.3M32.3M34.8M27.1M
Net Working Capital2.7M19.5M10.9M4.9M2.2M2.1M
Current Deferred Revenue59.1K18.0K9.4K720.0648.0615.6
Capital Stock24.3M42.1M44.3M46.7M52.4M41.6M
Short Term Debt115.3K167.7K163.5K13.1K15.0K14.3K

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