Endeavour Inventory vs Cash Analysis
EXK Stock | USD 3.97 0.10 2.58% |
Endeavour Silver financial indicator trend analysis is much more than just examining Endeavour Silver Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endeavour Silver Corp is a good investment. Please check the relationship between Endeavour Silver Inventory and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
Inventory vs Cash
Inventory vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavour Silver Corp Inventory account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Endeavour Silver's Inventory and Cash is 0.3. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash in the same time period over historical financial statements of Endeavour Silver Corp, assuming nothing else is changed. The correlation between historical values of Endeavour Silver's Inventory and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Endeavour Silver Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Inventory i.e., Endeavour Silver's Inventory and Cash go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Cash
Cash refers to the most liquid asset of Endeavour Silver Corp, which is listed under current asset account on Endeavour Silver Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Endeavour Silver customers. The amounts must be unrestricted with restricted cash listed in a different Endeavour Silver account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Endeavour Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endeavour Silver Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. At this time, Endeavour Silver's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 11.51 this year, although the value of Selling General Administrative will most likely fall to about 9.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 985K | 1.3M | 837.1K | 876.3K | Depreciation And Amortization | 24.5M | 26.8M | 29.4M | 20.8M |
Endeavour Silver fundamental ratios Correlations
Click cells to compare fundamentals
Endeavour Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Endeavour Silver fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 163.7M | 210.6M | 294.0M | 399.4M | 472.4M | 496.0M | |
Total Current Liabilities | 24.8M | 34.6M | 40.6M | 52.7M | 57.9M | 60.8M | |
Total Stockholder Equity | 122.8M | 159.1M | 237.4M | 315.9M | 384.4M | 403.6M | |
Net Debt | (13.3M) | (50.3M) | (91.8M) | (67.8M) | (25.6M) | (26.9M) | |
Accounts Payable | 19.8M | 27.8M | 32.0M | 39.8M | 43.8M | 46.0M | |
Cash | 23.4M | 61.1M | 103.3M | 83.4M | 35.1M | 36.6M | |
Non Current Assets Total | 100.4M | 105.6M | 132.3M | 253.1M | 372.1M | 390.7M | |
Non Currrent Assets Other | 2.7M | 3.6M | 8.4M | 17.0M | 35.7M | 37.4M | |
Other Assets | 9.8M | 16.3M | 9.4M | 565K | 649.8K | 617.3K | |
Cash And Short Term Investments | 23.4M | 65.9M | 114.5M | 92.0M | 40.2M | 41.4M | |
Net Receivables | 23.0M | 20.2M | 14.6M | 18.2M | 25.4M | 14.9M | |
Common Stock Shares Outstanding | 135.4M | 154.0M | 170.7M | 185.3M | 197.8M | 207.7M | |
Liabilities And Stockholders Equity | 163.7M | 210.6M | 294.0M | 399.4M | 472.4M | 496.0M | |
Non Current Liabilities Total | 16.1M | 17.0M | 16.1M | 30.8M | 30.1M | 18.9M | |
Inventory | 13.6M | 16.6M | 27.5M | 19.2M | 27.1M | 15.6M | |
Other Current Assets | 3.3M | 2.3M | 5.1M | 17.0M | 7.5M | 7.9M | |
Other Stockholder Equity | 11.5M | 9.7M | 6.3M | 6.1M | 4.5M | 4.3M | |
Total Liab | 40.9M | 51.5M | 56.6M | 83.5M | 88.0M | 92.4M | |
Total Current Assets | 63.3M | 105.0M | 161.8M | 146.3M | 100.3M | 73.6M | |
Short Term Debt | 3.1M | 3.8M | 4.3M | 6.3M | 4.3M | 6.6M | |
Common Stock | 482.2M | 517.7M | 585.4M | 657.9M | 719.0M | 754.9M | |
Other Current Liab | 1.9M | 3.0M | 4.2M | 6.6M | 2.1M | 3.0M | |
Retained Earnings | (370.9M) | (368.3M) | (354.3M) | (348.1M) | (339.2M) | (322.2M) | |
Other Liab | 9.1M | 10.0M | 8.9M | 21.5M | 24.7M | 26.0M | |
Net Tangible Assets | 121.8M | 158.6M | 237.4M | 315.9M | 363.3M | 381.4M | |
Common Stock Total Equity | 450.7M | 459.1M | 482.2M | 517.7M | 595.4M | 322.5M | |
Short Term Investments | 69K | 4.8M | 11.2M | 8.6M | 5.1M | 5.5M | |
Capital Surpluse | 11.5M | 9.7M | 6.3M | 6.1M | 5.5M | 6.8M | |
Long Term Debt Total | 7.0M | 7.0M | 7.2M | 9.3M | 10.7M | 11.2M |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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Is Endeavour Silver'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 Endeavour Silver. If investors know Endeavour 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 Endeavour Silver 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 (0.73) | Earnings Share (0.01) | Revenue Per Share 1.041 | Quarterly Revenue Growth 0.149 | Return On Assets 0.0062 |
The market value of Endeavour Silver Corp is measured differently than its book value, which is the value of Endeavour that is recorded on the company's balance sheet. Investors also form their own opinion of Endeavour Silver's value that differs from its market value or its book value, called intrinsic value, which is Endeavour Silver'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 Endeavour Silver's market value can be influenced by many factors that don't directly affect Endeavour Silver'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 Endeavour Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endeavour Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endeavour Silver'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.