Coeur Income Tax Expense vs Reconciled Depreciation Analysis
CDE Stock | USD 4.94 0.12 2.49% |
Coeur Mining financial indicator trend analysis is way more than just evaluating Coeur Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coeur Mining is a good investment. Please check the relationship between Coeur Mining Income Tax Expense and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coeur Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Coeur Stock refer to our How to Trade Coeur Stock guide.
Income Tax Expense vs Reconciled Depreciation
Income Tax Expense vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coeur Mining Income Tax Expense account and Reconciled Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Coeur Mining's Income Tax Expense and Reconciled Depreciation is -0.22. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Coeur Mining, assuming nothing else is changed. The correlation between historical values of Coeur Mining's Income Tax Expense and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Coeur Mining are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Income Tax Expense i.e., Coeur Mining's Income Tax Expense and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Tax Expense
Reconciled Depreciation
Most indicators from Coeur Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coeur Mining 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Coeur Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Coeur Stock refer to our How to Trade Coeur Stock guide.At present, Coeur Mining's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 228.9 M, whereas Selling General Administrative is forecasted to decline to about 24.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 140.2M | 107.4M | 127.2M | 63.7M | Cost Of Revenue | 639.9M | 718.2M | 732.7M | 769.4M |
Coeur Mining fundamental ratios Correlations
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Coeur Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coeur Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.4B | 1.7B | 1.8B | 2.1B | 1.3B | |
Short Long Term Debt Total | 295.5M | 275.5M | 487.5M | 515.9M | 555.3M | 583.0M | |
Other Current Liab | 82.1M | 105.0M | 86.1M | 72.9M | 86.3M | 90.7M | |
Total Current Liabilities | 190.7M | 234.1M | 235.9M | 219.4M | 289.6M | 304.1M | |
Total Stockholder Equity | 667.0M | 693.5M | 800.3M | 889.0M | 1.0B | 702.8M | |
Property Plant And Equipment Net | 960.7M | 946.9M | 1.2B | 1.4B | 1.7B | 906.4M | |
Net Debt | 239.9M | 182.7M | 430.8M | 454.5M | 493.7M | 518.3M | |
Retained Earnings | (2.9B) | (2.9B) | (2.9B) | (3.0B) | (3.1B) | (3.0B) | |
Cash | 55.6M | 92.8M | 56.7M | 61.5M | 61.6M | 110.3M | |
Non Current Assets Total | 1.2B | 1.1B | 1.4B | 1.5B | 1.8B | 997.1M | |
Non Currrent Assets Other | 171.8M | 174.5M | 139.9M | 143.8M | 93.1M | 63.3M | |
Cash And Short Term Investments | 55.6M | 92.8M | 56.7M | 93.5M | 61.6M | 119.7M | |
Net Receivables | 18.7M | 23.5M | 32.4M | 36.3M | 30.4M | 31.9M | |
Common Stock Shares Outstanding | 218.8M | 242.5M | 250.0M | 275.2M | 343.1M | 360.2M | |
Liabilities And Stockholders Equity | 1.4B | 1.4B | 1.7B | 1.8B | 2.1B | 1.3B | |
Non Current Liabilities Total | 521.0M | 476.4M | 698.3M | 737.8M | 767.3M | 449.4M | |
Inventory | 122.1M | 126.1M | 132.4M | 144.8M | 156.1M | 81.3M | |
Other Current Assets | 14.0M | 27.3M | 13.8M | 25.8M | 18.5M | 19.7M | |
Other Stockholder Equity | 3.6B | 3.6B | 3.7B | 3.9B | 4.1B | 4.3B | |
Total Liab | 711.6M | 710.5M | 934.2M | 957.1M | 1.1B | 557.5M | |
Property Plant And Equipment Gross | 960.7M | 946.9M | 3.1B | 3.4B | 3.7B | 3.9B | |
Total Current Assets | 210.4M | 269.6M | 289.6M | 300.4M | 267.3M | 263.3M | |
Accumulated Other Comprehensive Income | (136K) | (11.1M) | (1.2M) | 12.3M | 1.3M | 1.4M | |
Short Term Debt | 22.7M | 22.1M | 29.8M | 24.6M | 32.6M | 20.1M | |
Accounts Payable | 69.2M | 90.6M | 103.9M | 96.1M | 115.1M | 120.9M | |
Common Stock | 2.4M | 2.4M | 2.6M | 3.0M | 3.9M | 3.7M | |
Current Deferred Revenue | 16.7M | 16.4M | 16.1M | 25.7M | 55.5M | 29.5M | |
Common Stock Total Equity | 2.4M | 2.4M | 2.6M | 3.0M | 2.7M | 2.5M | |
Other Liab | 207.6M | 223.0M | 240.6M | 231.5M | 266.2M | 153.8M | |
Other Assets | 122.6M | 1.0B | 1.1B | 1.3B | (1.0) | (0.95) | |
Long Term Debt | 226.9M | 227.6M | 433.3M | 449.2M | 470.1M | 273.1M | |
Property Plant Equipment | 960.7M | 946.9M | 1.2B | 392.3M | 451.2M | 428.6M | |
Net Tangible Assets | 667.0M | 693.5M | 800.3M | 889.0M | 800.1M | 898.4M | |
Retained Earnings Total Equity | (2.9B) | (2.9B) | (2.9B) | (3.0B) | (2.7B) | (2.9B) | |
Long Term Debt Total | 272.8M | 253.4M | 457.7M | 491.4M | 565.1M | 337.2M | |
Capital Surpluse | 3.6B | 3.6B | 3.7B | 3.9B | 4.5B | 3.5B | |
Deferred Long Term Liab | 42.0M | 34.2M | 22.0M | 14.5M | 13.0M | 12.4M | |
Long Term Investments | 49.0M | 64.4M | 39.4M | 132.2M | 12.1M | 0.0 | |
Non Current Liabilities Other | 133.4M | 137.0M | 218.6M | 232.0M | 29.2M | 27.8M |
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
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Moving against Coeur Stock
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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Coeur Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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 2.394 | Quarterly Revenue Growth 0.247 | 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.