Coeur Payables Turnover from 2010 to 2024
| CDE Stock | USD 4.88 0.09 1.88% |
Payables Turnover | First Reported 2010-12-31 | Previous Quarter 6.36537225 | Current Value 6.05 | Quarterly Volatility 7.8177076 |
Check Coeur Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coeur main balance sheet or income statement drivers, such as Depreciation And Amortization of 75.1 M, Interest Expense of 27.7 M or Selling General Administrative of 24.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.29, Dividend Yield of 0.0509 or PTB Ratio of 1.77. Coeur financial statements analysis is a perfect complement when working with Coeur Mining Valuation or Volatility modules.
Coeur | Payables Turnover |
Latest Coeur Mining's Payables Turnover Growth Pattern
Below is the plot of the Payables Turnover of Coeur Mining over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Coeur Mining's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Coeur Mining's overall financial position and show how it may be relating to other accounts over time.
| Payables Turnover | 10 Years Trend |
|
Payables Turnover |
| Timeline |
Coeur Payables Turnover Regression Statistics
| Arithmetic Mean | 11.59 | |
| Geometric Mean | 10.21 | |
| Coefficient Of Variation | 67.45 | |
| Mean Deviation | 4.22 | |
| Median | 10.55 | |
| Standard Deviation | 7.82 | |
| Sample Variance | 61.12 | |
| Range | 32.0409 | |
| R-Value | (0.63) | |
| Mean Square Error | 40.02 | |
| R-Squared | 0.39 | |
| Significance | 0.01 | |
| Slope | (1.09) | |
| Total Sum of Squares | 855.63 |
Coeur Payables Turnover History
About Coeur Mining Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Coeur Mining income statement, its balance sheet, and the statement of cash flows. Coeur Mining investors use historical funamental indicators, such as Coeur Mining's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Coeur Mining investors may use each financial statement separately, they are all related. The changes in Coeur Mining's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Coeur Mining's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Coeur Mining Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Coeur Mining. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Payables Turnover | 6.37 | 6.05 |
Pair Trading with Coeur Mining
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 Coeur Mining 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 Coeur Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Coeur Stock
| 0.97 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.73 | OR | Osisko Gold Ro Earnings Call This Week | PairCorr |
| 0.87 | EQX | Equinox Gold Corp Earnings Call This Week | PairCorr |
Moving against Coeur Stock
| 0.91 | SID | Companhia Siderurgica Earnings Call Shortly | PairCorr |
| 0.78 | X | United States Steel | PairCorr |
| 0.55 | MSB | Mesabi Trust | PairCorr |
| 0.46 | IAUX | I 80 Gold Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to Coeur Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coeur Mining 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 Coeur Mining - 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 Coeur Mining to buy it.
The correlation of Coeur Mining 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 Coeur Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coeur Mining 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 Coeur Mining 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.Check out the analysis of Coeur Mining Correlation against competitors. For information on how to trade Coeur Stock refer to our How to Trade Coeur Stock guide.Note that the Coeur Mining information on this page should be used as a complementary analysis to other Coeur Mining's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Coeur Stock analysis
When running Coeur Mining's price analysis, check to measure Coeur Mining'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 Coeur Mining is operating at the current time. Most of Coeur Mining's value examination focuses on studying past and present price action to predict the probability of Coeur Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coeur Mining's price. Additionally, you may evaluate how the addition of Coeur Mining to your portfolios can decrease your overall portfolio volatility.
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Is Coeur Mining's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coeur Mining. If investors know Coeur will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coeur Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.443 | Earnings Share (0.30) | Revenue Per Share 2.371 | Quarterly Revenue Growth 0.138 | Return On Assets (0.01) |
The market value of Coeur Mining is measured differently than its book value, which is the value of Coeur that is recorded on the company's balance sheet. Investors also form their own opinion of Coeur Mining's value that differs from its market value or its book value, called intrinsic value, which is Coeur Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coeur Mining's market value can be influenced by many factors that don't directly affect Coeur Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coeur Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coeur Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coeur Mining'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.