Silver Retained Earnings vs Non Currrent Assets Other 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 Retained Earnings and its Non Currrent Assets Other 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.

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silver One Resources Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Silver One's Retained Earnings and Non Currrent Assets Other is 0.46. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other 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 Retained Earnings and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Silver One Resources are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., Silver One's Retained Earnings and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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
Click cells to compare fundamentals

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

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 Silver Stock Analysis

When running Silver One's price analysis, check to measure Silver One'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 Silver One is operating at the current time. Most of Silver One's value examination focuses on studying past and present price action to predict the probability of Silver One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver One's price. Additionally, you may evaluate how the addition of Silver One to your portfolios can decrease your overall portfolio volatility.