Silvercorp Total Current Liabilities vs Short Term Investments Analysis

SVM Stock  CAD 4.61  0.04  0.88%   
Silvercorp Metals financial indicator trend analysis is much more than just breaking down Silvercorp Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silvercorp Metals is a good investment. Please check the relationship between Silvercorp Metals Total Current Liabilities and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silvercorp Metals. 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.
To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.

Total Current Liabilities vs Short Term Investments

Total Current Liabilities vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silvercorp Metals Total Current Liabilities account and Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Silvercorp Metals' Total Current Liabilities and Short Term Investments is 0.35. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Silvercorp Metals, assuming nothing else is changed. The correlation between historical values of Silvercorp Metals' Total Current Liabilities and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Silvercorp Metals are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Liabilities i.e., Silvercorp Metals' Total Current Liabilities and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Silvercorp Metals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Silvercorp Metals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Term Investments

Short Term Investments is an item under the current assets section of Silvercorp Metals balance sheet. It contains any investments Silvercorp Metals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Silvercorp Metals can easily liquidate in the marketplace.
Most indicators from Silvercorp Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silvercorp Metals 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 Silvercorp Metals. 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.
To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.At this time, Silvercorp Metals' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 4.79, while Selling General Administrative is likely to drop about 14.2 M.
 2023 2024 (projected)
Research Development3.3M3.0M
Total Revenue215.2M169.0M

Silvercorp Metals fundamental ratios Correlations

0.020.820.99-0.740.720.70.980.70.780.930.310.840.810.050.850.940.830.930.770.760.720.660.760.7-0.2
0.020.48-0.010.11-0.29-0.110.12-0.54-0.35-0.20.180.310.360.390.16-0.170.310.320.01-0.09-0.160.140.07-0.30.7
0.820.480.78-0.550.40.520.870.310.530.640.290.880.870.120.90.670.870.910.710.710.510.70.580.350.08
0.99-0.010.78-0.750.760.720.980.690.740.930.350.80.770.090.790.940.80.930.750.690.720.60.750.69-0.18
-0.740.11-0.55-0.75-0.9-1.0-0.67-0.53-0.53-0.81-0.28-0.59-0.55-0.03-0.58-0.8-0.62-0.63-0.86-0.54-0.93-0.3-0.56-0.450.28
0.72-0.290.40.76-0.90.910.650.60.540.790.250.460.42-0.050.430.780.490.590.810.410.90.240.470.6-0.32
0.7-0.110.520.72-1.00.910.640.510.510.780.270.570.530.00.550.770.60.60.880.520.940.290.530.44-0.28
0.980.120.870.98-0.670.650.640.60.730.860.30.880.850.030.860.870.860.970.750.740.660.670.750.61-0.14
0.7-0.540.310.69-0.530.60.510.60.890.820.210.480.47-0.090.550.820.50.430.50.650.490.580.520.84-0.62
0.78-0.350.530.74-0.530.540.510.730.890.82-0.020.680.64-0.320.80.820.680.560.640.890.550.730.640.78-0.59
0.93-0.20.640.93-0.810.790.780.860.820.820.280.660.630.040.751.00.680.760.730.730.780.560.710.81-0.32
0.310.180.290.35-0.280.250.270.30.21-0.020.280.240.260.860.070.310.240.390.11-0.10.080.090.110.10.37
0.840.310.880.8-0.590.460.570.880.480.680.660.240.99-0.030.890.690.990.870.750.780.520.790.720.42-0.13
0.810.360.870.77-0.550.420.530.850.470.640.630.260.990.010.860.660.990.850.720.750.480.820.70.44-0.11
0.050.390.120.09-0.03-0.050.00.03-0.09-0.320.040.86-0.030.01-0.160.08-0.040.16-0.21-0.35-0.15-0.120.01-0.060.61
0.850.160.90.79-0.580.430.550.860.550.80.750.070.890.86-0.160.760.880.80.760.950.580.830.630.52-0.24
0.94-0.170.670.94-0.80.780.770.870.820.821.00.310.690.660.080.760.70.780.730.730.760.590.720.8-0.29
0.830.310.870.8-0.620.490.60.860.50.680.680.240.990.99-0.040.880.70.860.780.780.570.80.720.48-0.16
0.930.320.910.93-0.630.590.60.970.430.560.760.390.870.850.160.80.780.860.710.620.60.610.690.490.06
0.770.010.710.75-0.860.810.880.750.50.640.730.110.750.72-0.210.760.730.780.710.710.90.560.530.5-0.37
0.76-0.090.710.69-0.540.410.520.740.650.890.73-0.10.780.75-0.350.950.730.780.620.710.570.810.590.58-0.45
0.72-0.160.510.72-0.930.90.940.660.490.550.780.080.520.48-0.150.580.760.570.60.90.570.290.560.52-0.35
0.660.140.70.6-0.30.240.290.670.580.730.560.090.790.82-0.120.830.590.80.610.560.810.290.520.59-0.29
0.760.070.580.75-0.560.470.530.750.520.640.710.110.720.70.010.630.720.720.690.530.590.560.520.53-0.12
0.7-0.30.350.69-0.450.60.440.610.840.780.810.10.420.44-0.060.520.80.480.490.50.580.520.590.53-0.36
-0.20.70.08-0.180.28-0.32-0.28-0.14-0.62-0.59-0.320.37-0.13-0.110.61-0.24-0.29-0.160.06-0.37-0.45-0.35-0.29-0.12-0.36
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Silvercorp Metals Account Relationship Matchups

Silvercorp Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets512.8M652.6M723.5M676.8M702.8M381.7M
Other Current Liab3.2M4.9M5.4M4.1M4.2M6.9M
Total Current Liabilities27.8M37.2M46.0M41.2M47.2M28.5M
Total Stockholder Equity368.7M467.6M512.4M489.1M507.3M275.0M
Net Debt(63.7M)(117.0M)(112.0M)(145.1M)(151.6M)(144.0M)
Retained Earnings145.9M187.9M213.7M229.9M261.8M274.9M
Cash65.8M118.7M113.3M145.7M152.9M160.6M
Non Current Assets Total354.6M431.5M491.2M457.8M500.9M265.8M
Non Currrent Assets Other9.2M8.5M9.9M7.9M6.5M4.5M
Other Assets10.0M9.1M10.8M8.0M9.2M4.7M
Cash And Short Term Investments142.5M199.1M212.9M203.3M184.9M104.1M
Net Receivables1.5M1.8M3.9M2.5M2.8M2.4M
Common Stock Shares Outstanding174.1M177.1M178.3M179.0M179.1M157.8M
Liabilities And Stockholders Equity512.8M652.6M723.5M676.8M702.8M381.7M
Other Stockholder Equity(72.0M)(1.0)17.4M(48.2M)(43.4M)(41.2M)
Total Liab73.8M86.9M103.4M97.0M105.8M58.5M
Total Current Assets158.2M221.2M232.3M219.0M201.9M115.9M
Common Stock243.9M250.2M255.4M255.7M258.4M230.0M
Property Plant And Equipment Net238.8M294.6M346.2M328.1M347.5M209.1M
Accounts Payable23.1M30.3M39.7M36.7M41.8M43.9M
Non Current Liabilities Total46.0M49.7M57.4M55.7M58.7M31.3M
Property Plant And Equipment Gross238.8M594.8M676.4M680.0M709.1M744.5M
Inventory8.4M9.8M9.1M8.3M7.4M6.4M
Other Current Assets5.8M10.6M6.4M4.9M6.8M4.3M
Accumulated Other Comprehensive Income(21.1M)29.5M43.3M3.5M(12.9M)(12.3M)
Short Term Investments76.7M80.4M99.6M57.6M31.9M41.4M
Current Deferred Revenue937K1.4M277K144K921K875.0K
Short Long Term Debt Total2.1M1.7M1.3M583K1.3M2.0M
Short Term Debt567K657K649K269K213K202.4K
Intangible Assets52.5M58.6M59.7M55.3M51.3M59.5M
Other Liab48.0M44.5M48.7M56.8M65.3M48.2M
Net Tangible Assets347.4M368.7M467.6M512.4M589.3M380.2M
Long Term Investments53.3M69.2M74.6M66.2M95.7M100.5M
Property Plant Equipment291.3M353.2M405.9M383.5M441.0M357.6M
Long Term Debt Total1.5M1.1M614K314K361.1K552.2K
Cash And Equivalents526K7.5M40.5M94.8M109.0M114.5M
Net Invested Capital368.7M467.6M512.4M489.1M507.3M475.5M
When determining whether Silvercorp Metals is a strong investment it is important to analyze Silvercorp Metals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Silvercorp Metals' future performance. For an informed investment choice regarding Silvercorp Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silvercorp Metals. 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.
To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Please note, there is a significant difference between Silvercorp Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silvercorp Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silvercorp Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.