Sierra Property Plant And Equipment Net vs Inventory Analysis
SMT Stock | CAD 0.93 0.06 6.90% |
Sierra Metals financial indicator trend analysis is much more than just breaking down Sierra Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sierra Metals is a good investment. Please check the relationship between Sierra Metals Property Plant And Equipment Net and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sierra 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 board of governors.
Property Plant And Equipment Net vs Inventory
Property Plant And Equipment Net vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sierra Metals Property Plant And Equipment Net account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sierra Metals' Property Plant And Equipment Net and Inventory is 0.71. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Inventory in the same time period over historical financial statements of Sierra Metals, assuming nothing else is changed. The correlation between historical values of Sierra Metals' Property Plant And Equipment Net and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Sierra Metals are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant And Equipment Net i.e., Sierra Metals' Property Plant And Equipment Net and Inventory go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Inventory
Most indicators from Sierra Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sierra 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 Sierra 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 board of governors. As of the 18th of May 2024, Selling General Administrative is likely to grow to about 40.1 M, while Tax Provision is likely to drop about 5.6 M.
2023 | 2024 (projected) | Cost Of Revenue | 177.7M | 139.6M | Research Development | 1.6M | 2.5M |
Sierra Metals fundamental ratios Correlations
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Sierra Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sierra Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 411.4M | 439.6M | 396.8M | 420.3M | 314.1M | 218.9M | |
Total Current Liabilities | 54.4M | 65.2M | 88.8M | 210.8M | 138.5M | 145.5M | |
Total Stockholder Equity | 176.8M | 201M | 169.2M | 97.5M | 75.3M | 98.5M | |
Property Plant And Equipment Net | 305.1M | 301.8M | 289.6M | 323.8M | 242.3M | 156.5M | |
Net Debt | 57.1M | 29.0M | 48.5M | (6.9M) | 69.4M | 72.8M | |
Retained Earnings | (65.2M) | (41.8M) | (74.1M) | (218.8M) | (180.9M) | (171.9M) | |
Accounts Payable | 30.4M | 16.9M | 28.4M | 53.0M | 41.0M | 43.1M | |
Cash | 43.0M | 71.5M | 34.9M | 6.9M | 9.1M | 8.7M | |
Non Current Assets Total | 307.1M | 303.5M | 290.7M | 323.8M | 242.3M | 172.9M | |
Cash And Short Term Investments | 43.0M | 71.5M | 34.9M | 6.9M | 7.9M | 7.5M | |
Common Stock Shares Outstanding | 164.7M | 164.0M | 163.3M | 163.8M | 207.7M | 218.1M | |
Liabilities And Stockholders Equity | 411.4M | 439.6M | 396.8M | 420.3M | 483.4M | 507.5M | |
Non Current Liabilities Total | 145.1M | 134.2M | 103.4M | (53.0M) | 65.7M | 57.6M | |
Other Stockholder Equity | 11.6M | 11.8M | 10.4M | (97.5M) | (87.7M) | (83.3M) | |
Total Liab | 199.4M | 199.4M | 192.2M | 263.0M | 204.3M | 104.5M | |
Property Plant And Equipment Gross | 305.1M | 301.8M | 933.0M | 962.6M | 1.0B | 1.1B | |
Total Current Assets | 104.3M | 136.0M | 106.1M | 96.5M | 71.9M | 51.7M | |
Other Current Liab | 24.0M | 29.4M | 34.5M | 157.8M | 395K | 375.3K | |
Non Currrent Assets Other | 0.0 | 284.9M | 307.1M | (323.8M) | (372.4M) | (353.8M) | |
Net Receivables | 33.4M | 39.1M | 42.0M | 14.3M | 14.2M | 16.1M | |
Accumulated Other Comprehensive Income | 10.9M | 11.6M | 11.8M | 10.4M | 12.0M | 6.8M | |
Short Term Debt | 0.0 | 18.8M | 25.8M | 87.8M | 101.0M | 106.0M | |
Short Long Term Debt Total | 56.3M | 100.1M | 100.5M | 83.4M | 96.0M | 69.1M | |
Inventory | 26.1M | 23.5M | 26.7M | 30.4M | 24.9M | 16.2M | |
Common Stock Total Equity | 230.3M | 231.8M | 230.5M | 231.0M | 207.9M | 190.2M | |
Common Stock | 230.5M | 231.0M | 232.9M | 316.3M | 363.7M | 268.9M | |
Other Liab | 45.0M | 52.5M | 45.8M | 34.9M | 31.4M | 43.4M | |
Net Tangible Assets | 176.8M | 201M | 169.2M | 81.6M | 73.5M | 135.1M | |
Long Term Debt | 99.8M | 80.9M | 55.9M | 0.0 | 25.1M | 40.3M | |
Property Plant Equipment | 305.1M | 301.8M | 289.6M | 239.2M | 215.3M | 235.5M | |
Long Term Debt Total | 99.8M | 80.9M | 55.9M | 3.7M | 3.3M | 3.2M | |
Cash And Equivalents | 43.0M | 71.5M | 34.9M | 5.1M | 4.6M | 4.3M | |
Net Invested Capital | 276.6M | 281.9M | 225.2M | 108.0M | 153.7M | 170.8M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Sierra 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 board of governors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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