SilverCrest Capital Stock vs Net Debt Analysis

SILV Stock

USD 9.50 0.09 0.96%

SilverCrest Metals financial indicator trend analysis is much more than just breaking down SilverCrest Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SilverCrest Metals is a good investment. Please check the relationship between SilverCrest Metals Capital Stock and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SilverCrest Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy SilverCrest Stock please use our How to Invest in SilverCrest Metals guide.

Capital Stock vs Net Debt

Capital Stock vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SilverCrest Metals Capital Stock account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between SilverCrest Metals' Capital Stock and Net Debt is -0.66. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of SilverCrest Metals, assuming nothing else is changed. The correlation between historical values of SilverCrest Metals' Capital Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of SilverCrest Metals are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Capital Stock i.e., SilverCrest Metals' Capital Stock and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.66

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from SilverCrest Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SilverCrest 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 SilverCrest Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy SilverCrest Stock please use our How to Invest in SilverCrest Metals guide.At this time, SilverCrest Metals' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 6.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	27K	3.4M	2.0M	2.1M
Depreciation And Amortization	59K	1.9M	22.2M	23.4M

Interest Expense Depreciation And Amortization

SilverCrest Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Net Invested Capital
Total Assets		0.9	0.92	1.0	1.0	0.97	-0.67	-0.51	0.42	0.71	0.98	0.87	0.97	0.74	0.96	0.93	0.89	0.95	0.96	0.96	0.84	0.97	0.87	0.9	0.97	0.94
Other Current Liab	0.9		0.97	0.93	0.88	0.89	-0.6	-0.14	0.33	0.46	0.91	0.63	0.88	0.51	0.88	0.8	0.69	0.84	0.95	0.86	0.55	0.92	0.66	0.68	0.91	0.76
Total Current Liabilities	0.92	0.97		0.95	0.91	0.94	-0.5	-0.23	0.34	0.43	0.95	0.71	0.91	0.47	0.94	0.82	0.74	0.87	0.95	0.89	0.63	0.96	0.67	0.74	0.95	0.81
Total Stockholder Equity	1.0	0.93	0.95		0.99	0.97	-0.67	-0.44	0.4	0.67	0.98	0.83	0.96	0.7	0.96	0.93	0.87	0.93	0.96	0.95	0.79	0.98	0.84	0.87	0.97	0.92
Net Tangible Assets	1.0	0.88	0.91	0.99		0.97	-0.68	-0.55	0.45	0.73	0.97	0.89	0.97	0.75	0.95	0.95	0.92	0.94	0.95	0.96	0.86	0.96	0.88	0.92	0.96	0.95
Property Plant And Equipment Net	0.97	0.89	0.94	0.97	0.97		-0.49	-0.39	0.27	0.55	1.0	0.8	0.94	0.58	0.99	0.84	0.82	0.9	0.92	0.93	0.8	1.0	0.76	0.85	1.0	0.91
Net Debt	-0.67	-0.6	-0.5	-0.67	-0.68	-0.49		0.57	-0.69	-0.89	-0.51	-0.67	-0.64	-0.91	-0.44	-0.83	-0.75	-0.66	-0.68	-0.64	-0.55	-0.5	-0.84	-0.68	-0.49	-0.64
Retained Earnings	-0.51	-0.14	-0.23	-0.44	-0.55	-0.39	0.57		-0.7	-0.84	-0.38	-0.82	-0.54	-0.81	-0.37	-0.67	-0.76	-0.59	-0.42	-0.53	-0.8	-0.34	-0.76	-0.76	-0.37	-0.64
Accounts Payable	0.42	0.33	0.34	0.4	0.45	0.27	-0.69	-0.7		0.68	0.29	0.67	0.54	0.66	0.22	0.66	0.63	0.59	0.55	0.53	0.45	0.26	0.61	0.56	0.26	0.43
Cash	0.71	0.46	0.43	0.67	0.73	0.55	-0.89	-0.84	0.68		0.55	0.83	0.7	1.0	0.5	0.84	0.85	0.73	0.64	0.69	0.81	0.52	0.93	0.83	0.53	0.77
Non Current Assets Total	0.98	0.91	0.95	0.98	0.97	1.0	-0.51	-0.38	0.29	0.55		0.8	0.95	0.59	0.99	0.85	0.82	0.91	0.93	0.93	0.79	1.0	0.76	0.84	1.0	0.91
Non Currrent Assets Other	0.87	0.63	0.71	0.83	0.89	0.8	-0.67	-0.82	0.67	0.83	0.8		0.89	0.84	0.78	0.92	0.98	0.89	0.82	0.89	0.93	0.78	0.94	0.98	0.79	0.94
Other Assets	0.97	0.88	0.91	0.96	0.97	0.94	-0.64	-0.54	0.54	0.7	0.95	0.89		0.72	0.91	0.91	0.88	0.99	0.98	0.97	0.85	0.94	0.85	0.89	0.94	0.92
Cash And Short Term Investments	0.74	0.51	0.47	0.7	0.75	0.58	-0.91	-0.81	0.66	1.0	0.59	0.84	0.72		0.54	0.85	0.87	0.76	0.67	0.72	0.82	0.56	0.95	0.85	0.57	0.8
Net Receivables	0.96	0.88	0.94	0.96	0.95	0.99	-0.44	-0.37	0.22	0.5	0.99	0.78	0.91	0.54		0.82	0.79	0.87	0.89	0.88	0.78	0.99	0.73	0.83	0.99	0.89
Common Stock Total Equity	0.93	0.8	0.82	0.93	0.95	0.84	-0.83	-0.67	0.66	0.84	0.85	0.92	0.91	0.85	0.82		0.95	0.9	0.91	0.9	0.81	0.84	0.93	0.92	0.84	0.9
Common Stock Shares Outstanding	0.89	0.69	0.74	0.87	0.92	0.82	-0.75	-0.76	0.63	0.85	0.82	0.98	0.88	0.87	0.79	0.95		0.87	0.84	0.9	0.9	0.8	0.96	0.98	0.81	0.95
Short Term Investments	0.95	0.84	0.87	0.93	0.94	0.9	-0.66	-0.59	0.59	0.73	0.91	0.89	0.99	0.76	0.87	0.9	0.87		0.96	0.95	0.87	0.89	0.86	0.89	0.9	0.91
Other Current Assets	0.96	0.95	0.95	0.96	0.95	0.92	-0.68	-0.42	0.55	0.64	0.93	0.82	0.98	0.67	0.89	0.91	0.84	0.96		0.95	0.74	0.93	0.81	0.83	0.93	0.87
Other Stockholder Equity	0.96	0.86	0.89	0.95	0.96	0.93	-0.64	-0.53	0.53	0.69	0.93	0.89	0.97	0.72	0.88	0.9	0.9	0.95	0.95		0.83	0.92	0.84	0.88	0.92	0.91
Total Liab	0.84	0.55	0.63	0.79	0.86	0.8	-0.55	-0.8	0.45	0.81	0.79	0.93	0.85	0.82	0.78	0.81	0.9	0.87	0.74	0.83		0.77	0.9	0.95	0.79	0.94
Property Plant And Equipment Gross	0.97	0.92	0.96	0.98	0.96	1.0	-0.5	-0.34	0.26	0.52	1.0	0.78	0.94	0.56	0.99	0.84	0.8	0.89	0.93	0.92	0.77		0.74	0.82	1.0	0.89
Total Current Assets	0.87	0.66	0.67	0.84	0.88	0.76	-0.84	-0.76	0.61	0.93	0.76	0.94	0.85	0.95	0.73	0.93	0.96	0.86	0.81	0.84	0.9	0.74		0.96	0.75	0.94
Common Stock	0.9	0.68	0.74	0.87	0.92	0.85	-0.68	-0.76	0.56	0.83	0.84	0.98	0.89	0.85	0.83	0.92	0.98	0.89	0.83	0.88	0.95	0.82	0.96		0.83	0.98
Property Plant Equipment	0.97	0.91	0.95	0.97	0.96	1.0	-0.49	-0.37	0.26	0.53	1.0	0.79	0.94	0.57	0.99	0.84	0.81	0.9	0.93	0.92	0.79	1.0	0.75	0.83		0.9
Net Invested Capital	0.94	0.76	0.81	0.92	0.95	0.91	-0.64	-0.64	0.43	0.77	0.91	0.94	0.92	0.8	0.89	0.9	0.95	0.91	0.87	0.91	0.94	0.89	0.94	0.98	0.9

Click cells to compare fundamentals

SilverCrest Metals Account Relationship Matchups

SilverCrest Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	98.0M	191.7M	369.0M	355.3M	457.8M	480.7M
Short Long Term Debt Total	407.5K	29.3M	87.6M	50.0M	286.5K	272.2K
Other Current Liab	3.8M	13.4M	10.4M	17.8M	48.5M	50.9M
Total Current Liabilities	3.9M	13.6M	10.6M	36.9M	51.5M	54.1M
Total Stockholder Equity	93.8M	149M	268.3M	277.0M	400.3M	420.3M
Net Tangible Assets	94.3M	149M	268.3M	277.0M	318.5M	334.5M
Property Plant And Equipment Net	6.3M	39.0M	165.7M	228.1M	245.5M	257.7M
Net Debt	(84.1M)	(105.9M)	(88.9M)	(794K)	(85.2M)	(81.0M)
Retained Earnings	(75.5M)	(134.8M)	(157.4M)	(126.0M)	(12.3M)	(12.9M)
Accounts Payable	4.8M	17.0M	3.0M	5.6M	2.9M	4.4M
Cash	84.5M	135.1M	176.5M	50.8M	85.5M	71.3M
Non Current Assets Total	11.4M	51.3M	178.9M	243.6M	280.2M	294.2M
Non Currrent Assets Other	5.0M	12.3M	13.2M	15.5M	12.1M	7.7M
Other Assets	1.0	12.3M	13.2M	15.5M	17.8M	18.7M
Cash And Short Term Investments	84.5M	135.1M	176.5M	50.8M	104.6M	74.2M
Net Receivables	1.7M	687K	10.3M	16.2M	16.3M	17.1M
Common Stock Total Equity	29.9M	86.7M	209.7M	265.9M	305.8M	321.1M
Common Stock Shares Outstanding	70.9M	88.6M	123.0M	142.6M	147.5M	102.3M
Liabilities And Stockholders Equity	98.0M	191.7M	369.0M	355.3M	457.8M	480.7M
Non Current Liabilities Total	273.1K	29.1M	90.1M	41.4M	6.0M	5.7M
Capital Lease Obligations	532.3K	310K	441K	376K	288K	238.0K
Inventory	2.0	(3.5K)	4.5K	40.2M	49.5M	52.0M
Other Current Assets	474.0K	4.6M	3.3M	4.7M	7.2M	7.5M
Other Stockholder Equity	(63.9K)	9.0M	9.8M	10.9M	12.6M	13.2M
Total Liab	4.2M	42.7M	100.7M	78.4M	57.6M	34.9M
Property Plant And Equipment Gross	8.3M	39.0M	167.9M	236.9M	284.2M	298.4M
Total Current Assets	86.6M	140.4M	190.1M	111.8M	177.6M	93.2M
Accumulated Other Comprehensive Income	8.8M	8.9M	14.2M	(13.8M)	7.8M	8.1M
Short Term Debt	134.4K	138K	178K	13.5M	66.7K	63.3K
Common Stock	160.6M	265.9M	401.7M	405.8M	404.8M	213.5M
Property Plant Equipment	6.4M	39.0M	165.7M	228.1M	262.3M	275.4M
Net Invested Capital	93.8M	178.0M	355.4M	326.6M	402.3M	225.6M
Net Working Capital	82.7M	126.9M	179.6M	74.9M	126.8M	99.0M
Capital Stock	160.6M	265.9M	401.7M	405.8M	406.9M	312.5M

Pair Trading with SilverCrest Metals

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 SilverCrest Metals 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 SilverCrest Metals will appreciate offsetting losses from the drop in the long position's value.

Moving together with SilverCrest Stock

0.85	HL	Hecla Mining	Pair Corr
0.73	VOXR	Vox Royalty Corp	Pair Corr
0.9	ASM	Avino Silver Gold	Pair Corr
0.69	BVN	Compania de Minas Buyout Trend	Pair Corr
0.94	EXK	Endeavour Silver Corp Earnings Call Today	Pair Corr

Moving against SilverCrest Stock

0.93	MPVDF	Mountain Province	Pair Corr
0.92	LODE	Comstock Mining	Pair Corr
0.67	HL-PB	Hecla Mining	Pair Corr

The ability to find closely correlated positions to SilverCrest Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SilverCrest Metals 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 SilverCrest Metals - 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 SilverCrest Metals to buy it.

The correlation of SilverCrest Metals 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 SilverCrest Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SilverCrest Metals 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 SilverCrest Metals 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 Correlation Correlation Matching

When determining whether SilverCrest Metals is a strong investment it is important to analyze SilverCrest 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 SilverCrest Metals' future performance. For an informed investment choice regarding SilverCrest Stock, refer to the following important reports:

How To Invest In SilverCrest

Details

Is SilverCrest Stock a good investment?

Details

What is SilverCrest Metals' Net Worth?

Details

Largest Other Precious Metals & Mining Companies

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Largest Basic Materials Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SilverCrest Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy SilverCrest Stock please use our How to Invest in SilverCrest Metals guide.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for SilverCrest Stock analysis

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

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Is SilverCrest Metals' 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 SilverCrest Metals. If investors know SilverCrest 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 SilverCrest Metals 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

0.278

Earnings Share

0.84

Revenue Per Share

1.708

Quarterly Revenue Growth

0.098

Return On Assets

0.1982

The market value of SilverCrest Metals is measured differently than its book value, which is the value of SilverCrest that is recorded on the company's balance sheet. Investors also form their own opinion of SilverCrest Metals' value that differs from its market value or its book value, called intrinsic value, which is SilverCrest Metals' 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 SilverCrest Metals' market value can be influenced by many factors that don't directly affect SilverCrest Metals' 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 SilverCrest Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if SilverCrest Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SilverCrest 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.

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SilverCrest Capital Stock vs Net Debt Analysis

Capital Stock vs Net Debt

Capital Stock vs Net Debt Correlation Analysis

Correlation Coefficient

Capital Stock

Net Debt

SilverCrest Metals fundamental ratios Correlations

SilverCrest Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SilverCrest Metals fundamental ratios Accounts

Pair Trading with SilverCrest Metals

Moving together with SilverCrest Stock

Moving against SilverCrest Stock

Complementary Tools for SilverCrest Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Cash And Short Term Investments	- 0.91	Net Debt
Cash	- 0.89	Net Debt
Cash	- 0.84	Retained Earnings
Total Current Assets	- 0.84	Net Debt
Common Stock Total Equity	- 0.83	Net Debt
Non Currrent Assets Other	- 0.82	Retained Earnings