Discovery Historical Balance Sheet

DSV Stock   0.96  0.03  3.23%   
Trend analysis of Discovery Silver Corp balance sheet accounts such as Total Current Liabilities of 6.2 M or Total Stockholder Equity of 156.3 M provides information on Discovery Silver's total assets, liabilities, and equity, which is the actual value of Discovery Silver Corp to its prevalent stockholders. By breaking down trends over time using Discovery Silver balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Discovery Silver Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Discovery Silver Corp is a good buy for the upcoming year.

Discovery Silver Inventory

(32,307.88)

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discovery Silver Corp. 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.

About Discovery Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Discovery Silver Corp at a specified time, usually calculated after every quarter, six months, or one year. Discovery Silver Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Discovery Silver 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 Discovery currently owns. An asset can also be divided into two categories, current and non-current.

Discovery Silver Balance Sheet Chart

At this time, Discovery Silver's Cash And Short Term Investments are very stable compared to the past year. As of the 22nd of January 2025, Common Stock Shares Outstanding is likely to grow to about 462.1 M, while Short and Long Term Debt Total is likely to drop about 350.9 K.

Total Assets

Total assets refers to the total amount of Discovery Silver assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Discovery Silver Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Discovery Silver balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Discovery Silver Corp 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Discovery Silver's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Discovery Silver Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discovery Silver Corp. 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, Discovery Silver's Cash And Short Term Investments are very stable compared to the past year. As of the 22nd of January 2025, Common Stock Shares Outstanding is likely to grow to about 462.1 M, while Short and Long Term Debt Total is likely to drop about 350.9 K.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total549.8K410.4K369.4K350.9K
Total Assets91.6M146.1M168.0M176.4M

Discovery Silver balance sheet Correlations

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-0.930.7-0.21-0.95-0.790.850.04-0.98-0.8-0.99-0.4-0.930.20.25-0.61-0.89-0.33-0.990.720.38-0.91-0.590.52-0.9-0.64
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0.240.540.90.170.420.04-0.270.080.410.010.060.190.840.19-0.010.180.840.020.5-0.430.020.580.460.240.45
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-0.631.00.23-0.67-0.530.720.560.5-0.68-0.53-0.67-0.32-0.650.650.2-0.59-0.480.07-0.670.26-0.65-0.360.75-0.64-0.42
-0.650.24-0.37-0.61-0.750.380.52-0.43-0.55-0.74-0.48-0.16-0.62-0.310.09-0.25-0.49-0.43-0.490.26-0.52-0.790.12-0.66-0.69
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Discovery Silver Account Relationship Matchups

Discovery Silver balance sheet Accounts

202020212022202320242025 (projected)
Total Assets111.6M107.8M91.6M146.1M168.0M176.4M
Short Long Term Debt Total87.9K41.1K549.8K410.4K369.4K350.9K
Total Current Liabilities982.3K1.7M2.0M12.2M11.0M6.2M
Total Stockholder Equity110.5M106.1M89.2M129.4M148.8M156.3M
Property Plant And Equipment Net28.1M33.6M34.5M81.9M94.2M98.9M
Net Debt(67.5M)(54.7M)(45.7M)(58.5M)(52.7M)(50.0M)
Retained Earnings(56.0M)(91.5M)(132.6M)(148.4M)(133.5M)(126.8M)
Accounts Payable194.9K554.6K573.5K2.8M2.5M2.6M
Cash67.5M54.7M46.2M58.9M67.8M71.2M
Non Current Assets Total28.1M36.5M36.5M84.2M96.8M101.7M
Cash And Short Term Investments82.9M70.9M46.7M59.1M68.0M71.4M
Net Receivables435.7K206.1K8.0M2.4M2.2M2.1M
Common Stock Shares Outstanding255.8M324.5M342.9M382.7M440.1M462.1M
Liabilities And Stockholders Equity111.6M107.8M91.6M146.1M168.0M176.4M
Non Current Liabilities Total87.9K41.1K460.4K4.5M5.1M4.8M
Other Current Assets98.7K220.2K259.3K292.1K335.9K194.4K
Other Stockholder Equity41.4M47.5M55.0M42.7M49.1M51.5M
Total Liab1.0M1.7M2.4M16.6M15.0M8.4M
Total Current Assets83.4M71.3M55.0M61.9M71.1M74.7M
Short Term Debt46.8K41.1K89.4K111.6K100.4K95.4K
Other Current Liab740.5K1.1M1.3M12.1M13.9M14.6M
Accumulated Other Comprehensive Income(351.2K)(389.5K)48.5K18.9M21.8M22.8M
Common Stock125.6M150.5M166.7M216.2M248.6M261.1M
Short Term Investments15.3M16.1M520.6K204.2K183.8K174.6K

Pair Trading with Discovery Silver

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Discovery Silver position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Discovery Silver will appreciate offsetting losses from the drop in the long position's value.

Moving together with Discovery Stock

  0.74AG First Majestic SilverPairCorr
  0.74ORE Orezone Gold CorpPairCorr

Moving against Discovery Stock

  0.37IVS Inventus Mining CorpPairCorr
  0.33FDR Flinders ResourcesPairCorr
The ability to find closely correlated positions to Discovery Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Discovery Silver when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Discovery Silver - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Discovery Silver Corp to buy it.
The correlation of Discovery Silver is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Discovery Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Discovery Silver Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Discovery Silver can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Discovery Stock

Balance Sheet is a snapshot of the financial position of Discovery Silver Corp at a specified time, usually calculated after every quarter, six months, or one year. Discovery Silver Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Discovery Silver 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 Discovery currently owns. An asset can also be divided into two categories, current and non-current.