Solitario Historical Balance Sheet

SLR Stock  CAD 1.10  0.03  2.80%   
Trend analysis of Solitario Exploration Royalty balance sheet accounts such as Total Stockholder Equity of 16.9 M, Property Plant And Equipment Net of 20.3 M, Accounts Payable of 716 K or Cash of 171 K provides information on Solitario Exploration's total assets, liabilities, and equity, which is the actual value of Solitario Exploration to its prevalent stockholders. By breaking down trends over time using Solitario Exploration 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 Solitario Exploration 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 Solitario Exploration is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solitario Exploration Royalty. 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 Solitario Balance Sheet Analysis

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

Solitario Exploration Balance Sheet Chart

At this time, Solitario Exploration's Cash And Equivalents is very stable compared to the past year.

Total Assets

Total assets refers to the total amount of Solitario Exploration 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 Solitario Exploration 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 Solitario Exploration balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Solitario Exploration Royalty 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Solitario Exploration's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Solitario Exploration 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Solitario Exploration Royalty. 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, Solitario Exploration's Cash And Equivalents is very stable compared to the past year.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total35K89K80.1K76.1K
Total Assets22.0M26.8M30.8M21.2M

Solitario Exploration balance sheet Correlations

-0.29-0.68-0.220.790.60.410.14-0.690.51-0.30.63-0.30.330.67-0.16-0.030.73-0.190.60.36-0.35-0.180.850.660.6
-0.290.180.92-0.76-0.20.440.490.17-0.04-0.10.190.77-0.63-0.580.870.55-0.520.96-0.2-0.550.870.98-0.58-0.57-0.53
-0.680.180.19-0.48-0.23-0.640.090.9-0.33-0.02-0.240.0-0.45-0.61-0.010.26-0.740.06-0.23-0.470.3-0.02-0.65-0.52-0.43
-0.220.920.19-0.63-0.110.460.50.150.03-0.140.220.6-0.58-0.460.650.74-0.420.82-0.11-0.510.950.85-0.51-0.45-0.44
0.79-0.76-0.48-0.630.440.04-0.2-0.460.29-0.130.28-0.730.60.69-0.7-0.240.68-0.740.440.55-0.7-0.690.880.680.71
0.6-0.2-0.23-0.110.44-0.030.43-0.520.48-0.580.86-0.33-0.330.72-0.120.110.66-0.121.0-0.37-0.13-0.170.610.740.16
0.410.44-0.640.460.04-0.030.24-0.50.33-0.070.30.250.010.10.360.250.220.43-0.030.10.240.550.120.040.07
0.140.490.090.5-0.20.430.24-0.090.19-0.910.640.4-0.64-0.030.420.44-0.040.480.43-0.610.450.48-0.04-0.010.16
-0.690.170.90.15-0.46-0.52-0.5-0.09-0.430.18-0.490.03-0.18-0.77-0.020.13-0.840.03-0.52-0.180.230.0-0.73-0.7-0.32
0.51-0.04-0.330.030.290.480.330.19-0.43-0.240.45-0.20.00.60.00.30.590.010.480.03-0.170.010.260.630.17
-0.3-0.1-0.02-0.14-0.13-0.58-0.07-0.910.18-0.24-0.64-0.110.44-0.23-0.07-0.24-0.19-0.1-0.580.44-0.1-0.09-0.22-0.25-0.43
0.630.19-0.240.220.280.860.30.64-0.490.45-0.64-0.08-0.510.450.210.310.420.230.86-0.50.130.220.510.450.05
-0.30.770.00.6-0.73-0.330.250.40.03-0.2-0.11-0.08-0.33-0.490.870.17-0.390.85-0.33-0.250.650.81-0.47-0.51-0.23
0.33-0.63-0.45-0.580.6-0.330.01-0.64-0.180.00.44-0.51-0.330.25-0.53-0.410.33-0.59-0.330.98-0.58-0.540.380.230.62
0.67-0.58-0.61-0.460.690.720.1-0.03-0.770.6-0.230.45-0.490.25-0.43-0.180.98-0.470.720.21-0.53-0.480.760.980.42
-0.160.87-0.010.65-0.7-0.120.360.42-0.020.0-0.070.210.87-0.53-0.430.22-0.350.97-0.12-0.430.630.91-0.41-0.44-0.46
-0.030.550.260.74-0.240.110.250.440.130.3-0.240.310.17-0.41-0.180.22-0.170.420.11-0.410.670.46-0.26-0.11-0.2
0.73-0.52-0.74-0.420.680.660.22-0.04-0.840.59-0.190.42-0.390.330.98-0.35-0.17-0.40.660.3-0.49-0.390.760.960.47
-0.190.960.060.82-0.74-0.120.430.480.030.01-0.10.230.85-0.59-0.470.970.42-0.4-0.12-0.490.790.97-0.48-0.48-0.49
0.6-0.2-0.23-0.110.441.0-0.030.43-0.520.48-0.580.86-0.33-0.330.72-0.120.110.66-0.12-0.37-0.13-0.170.610.740.16
0.36-0.55-0.47-0.510.55-0.370.1-0.61-0.180.030.44-0.5-0.250.980.21-0.43-0.410.3-0.49-0.37-0.55-0.470.340.20.6
-0.350.870.30.95-0.7-0.130.240.450.23-0.17-0.10.130.65-0.58-0.530.630.67-0.490.79-0.13-0.550.8-0.53-0.52-0.48
-0.180.98-0.020.85-0.69-0.170.550.480.00.01-0.090.220.81-0.54-0.480.910.46-0.390.97-0.17-0.470.8-0.47-0.49-0.45
0.85-0.58-0.65-0.510.880.610.12-0.04-0.730.26-0.220.51-0.470.380.76-0.41-0.260.76-0.480.610.34-0.53-0.470.710.58
0.66-0.57-0.52-0.450.680.740.04-0.01-0.70.63-0.250.45-0.510.230.98-0.44-0.110.96-0.480.740.2-0.52-0.490.710.42
0.6-0.53-0.43-0.440.710.160.070.16-0.320.17-0.430.05-0.230.620.42-0.46-0.20.47-0.490.160.6-0.48-0.450.580.42
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Solitario Exploration Account Relationship Matchups

Solitario Exploration balance sheet Accounts

202020212022202320242025 (projected)
Total Assets23.8M23.6M22.0M26.8M30.8M21.2M
Short Long Term Debt Total17K72K35K89K80.1K76.1K
Other Current Liab17.037.035.039.035.133.35
Total Current Liabilities174K276K263K632K726.8K690.5K
Total Stockholder Equity23.5M23.2M21.6M26.0M29.8M16.9M
Property Plant And Equipment Net15.7M16.5M16.8M16.8M19.3M20.3M
Current Deferred Revenue(17.0)(37.0)(35.0)(39.0)(35.1)(33.34)
Net Debt(588K)(390K)(281K)(111K)(127.7K)(134.0K)
Retained Earnings(47.6M)(50.0M)(53.9M)(57.6M)(51.9M)(49.3M)
Accounts Payable228K157K239K593K682.0K716.0K
Cash605K462K316K200K180K171K
Non Current Assets Total15.8M16.5M16.8M16.8M19.3M13.8M
Cash And Short Term Investments8.0M6.9M5.2M9.7M11.1M7.1M
Common Stock Shares Outstanding58.1M58.7M64.3M68.7M79.1M83.0M
Liabilities And Stockholders Equity23.8M23.6M22.0M26.8M30.8M21.2M
Other Current Assets26K303K38K273K314.0K179.1K
Other Stockholder Equity70.5M72.5M74.9M82.8M95.2M100.0M
Total Liab299K436K388K807K928.1K881.6K
Property Plant And Equipment Gross15.7M16.5M16.8M16.8M19.3M20.3M
Total Current Assets8.0M7.2M5.3M9.9M11.4M7.4M
Short Term Debt17K37K35K39K35.1K33.3K
Short Term Investments7.4M6.4M4.9M9.5M10.9M5.7M
Net Tangible Assets24.1M23.5M23.2M21.6M24.9M23.5M
Property Plant Equipment15.8M15.7M16.5M16.8M19.3M11.8M
Capital Surpluse70.2M70.5M72.5M74.9M86.1M74.0M
Cash And Equivalents574K605K462K316K363.4K378.2K
Net Invested Capital23.5M23.2M21.6M26.0M23.4M20.1M
Net Working Capital7.9M6.9M5.0M9.3M8.4M7.3M
Capital Lease Obligations7K72K35K89K102.4K55.2K

Pair Trading with Solitario Exploration

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 Solitario Exploration 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 Solitario Exploration will appreciate offsetting losses from the drop in the long position's value.

Moving together with Solitario Stock

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Moving against Solitario Stock

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The ability to find closely correlated positions to Solitario Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solitario Exploration 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 Solitario Exploration - 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 Solitario Exploration Royalty to buy it.
The correlation of Solitario Exploration 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 Solitario Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solitario Exploration 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 Solitario Exploration 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
When determining whether Solitario Exploration is a strong investment it is important to analyze Solitario Exploration's 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 Solitario Exploration's future performance. For an informed investment choice regarding Solitario 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 Solitario Exploration Royalty. 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.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Please note, there is a significant difference between Solitario Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solitario Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solitario Exploration's 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.