Endeavour Total Stockholder Equity vs Intangible Assets Analysis

EXK Stock  USD 2.75  0.03  1.08%   
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 Total Stockholder Equity and its Intangible Assets 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.

Total Stockholder Equity vs Intangible Assets

Total Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavour Silver Corp Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Endeavour Silver's Total Stockholder Equity and Intangible Assets is 0.21. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets 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 Total Stockholder Equity and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Endeavour Silver Corp are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., Endeavour Silver's Total Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Expense985K1.3M837.1K876.3K
Depreciation And Amortization24.5M26.8M29.4M20.8M

Endeavour Silver fundamental ratios Correlations

0.220.770.990.96-0.110.830.210.960.69-0.230.240.130.620.650.660.73-0.030.870.440.140.660.13-0.030.820.75
0.220.630.130.280.330.02-0.020.23-0.10.0-0.070.32-0.010.230.210.02-0.110.480.060.920.080.46-0.010.05-0.08
0.770.630.720.780.150.760.10.780.57-0.10.040.350.590.40.410.54-0.360.820.240.520.670.42-0.290.680.58
0.990.130.720.94-0.180.850.250.940.75-0.210.280.110.680.560.610.74-0.010.790.460.040.710.09-0.090.850.76
0.960.280.780.940.140.76-0.041.00.68-0.29-0.010.140.510.660.560.66-0.150.880.20.230.560.030.070.830.67
-0.110.330.15-0.180.14-0.22-0.940.14-0.09-0.17-0.940.1-0.410.14-0.22-0.27-0.370.17-0.840.43-0.36-0.180.35-0.03-0.21
0.830.020.760.850.76-0.220.270.790.80.00.230.270.890.30.380.74-0.320.630.39-0.150.90.19-0.490.830.8
0.21-0.020.10.25-0.04-0.940.27-0.050.090.180.97-0.040.45-0.050.30.320.30.010.91-0.130.420.34-0.380.080.21
0.960.230.780.941.00.140.79-0.050.7-0.27-0.020.130.530.650.550.67-0.160.870.190.180.570.020.050.830.69
0.69-0.10.570.750.68-0.090.80.090.7-0.240.09-0.020.8-0.010.080.53-0.170.360.12-0.20.76-0.09-0.360.930.73
-0.230.0-0.1-0.21-0.29-0.170.00.18-0.27-0.240.120.140.17-0.27-0.08-0.28-0.17-0.250.08-0.170.150.09-0.42-0.36-0.39
0.24-0.070.040.28-0.01-0.940.230.97-0.020.090.12-0.150.370.040.410.330.490.040.93-0.140.340.3-0.240.080.25
0.130.320.350.110.140.10.27-0.040.13-0.020.14-0.150.320.060.060.02-0.380.210.10.110.440.24-0.550.020.17
0.62-0.010.590.680.51-0.410.890.450.530.80.170.370.32-0.080.130.57-0.260.30.45-0.270.980.16-0.760.730.65
0.650.230.40.560.660.140.3-0.050.65-0.01-0.270.040.06-0.080.810.470.170.850.290.340.00.010.490.240.38
0.660.210.410.610.56-0.220.380.30.550.08-0.080.410.060.130.810.420.430.720.640.260.190.240.250.210.46
0.730.020.540.740.66-0.270.740.320.670.53-0.280.330.020.570.470.42-0.070.60.47-0.10.570.31-0.140.750.71
-0.03-0.11-0.36-0.01-0.15-0.37-0.320.3-0.16-0.17-0.170.49-0.38-0.260.170.43-0.07-0.090.430.02-0.28-0.020.38-0.170.1
0.870.480.820.790.880.170.630.010.870.36-0.250.040.210.30.850.720.6-0.090.30.480.390.220.150.570.6
0.440.060.240.460.2-0.840.390.910.190.120.080.930.10.450.290.640.470.430.3-0.040.460.39-0.260.180.4
0.140.920.520.040.230.43-0.15-0.130.18-0.2-0.17-0.140.11-0.270.340.26-0.10.020.48-0.04-0.170.380.27-0.06-0.11
0.660.080.670.710.56-0.360.90.420.570.760.150.340.440.980.00.190.57-0.280.390.46-0.170.23-0.770.720.69
0.130.460.420.090.03-0.180.190.340.02-0.090.090.30.240.160.010.240.31-0.020.220.390.380.23-0.250.040.21
-0.03-0.01-0.29-0.090.070.35-0.49-0.380.05-0.36-0.42-0.24-0.55-0.760.490.25-0.140.380.15-0.260.27-0.77-0.25-0.22-0.27
0.820.050.680.850.83-0.030.830.080.830.93-0.360.080.020.730.240.210.75-0.170.570.18-0.060.720.04-0.220.79
0.75-0.080.580.760.67-0.210.80.210.690.73-0.390.250.170.650.380.460.710.10.60.4-0.110.690.21-0.270.79
Click cells to compare fundamentals

Endeavour Silver Account Relationship Matchups

Endeavour Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets163.7M210.6M294.0M399.4M472.4M496.0M
Total Current Liabilities24.8M34.6M40.6M52.7M57.9M60.8M
Total Stockholder Equity122.8M159.1M237.4M315.9M384.4M403.6M
Net Debt(13.3M)(50.3M)(91.8M)(67.8M)(25.6M)(26.9M)
Accounts Payable19.8M27.8M32.0M39.8M43.8M46.0M
Cash23.4M61.1M103.3M83.4M35.1M36.6M
Non Current Assets Total100.4M105.6M132.3M253.1M372.1M390.7M
Non Currrent Assets Other2.7M3.6M8.4M17.0M35.7M37.4M
Other Assets9.8M16.3M9.4M565K649.8K617.3K
Cash And Short Term Investments23.4M65.9M114.5M92.0M40.2M41.4M
Net Receivables23.0M20.2M14.6M18.2M25.4M14.9M
Common Stock Shares Outstanding135.4M154.0M170.7M185.3M197.8M207.7M
Liabilities And Stockholders Equity163.7M210.6M294.0M399.4M472.4M496.0M
Non Current Liabilities Total16.1M17.0M16.1M30.8M30.1M18.9M
Inventory13.6M16.6M27.5M19.2M27.1M15.6M
Other Current Assets3.3M2.3M5.1M17.0M7.5M7.9M
Other Stockholder Equity11.5M9.7M6.3M6.1M4.5M4.3M
Total Liab40.9M51.5M56.6M83.5M88.0M92.4M
Total Current Assets63.3M105.0M161.8M146.3M100.3M73.6M
Short Term Debt3.1M3.8M4.3M6.3M4.3M6.6M
Common Stock482.2M517.7M585.4M657.9M719.0M754.9M
Other Current Liab1.9M3.0M4.2M6.6M2.1M3.0M
Retained Earnings(370.9M)(368.3M)(354.3M)(348.1M)(339.2M)(322.2M)
Other Liab9.1M10.0M8.9M21.5M24.7M26.0M
Net Tangible Assets121.8M158.6M237.4M315.9M363.3M381.4M
Common Stock Total Equity450.7M459.1M482.2M517.7M595.4M322.5M
Short Term Investments69K4.8M11.2M8.6M5.1M5.5M
Capital Surpluse11.5M9.7M6.3M6.1M5.5M6.8M
Long Term Debt Total7.0M7.0M7.2M9.3M10.7M11.2M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Endeavour Silver in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Endeavour Silver's short interest history, or implied volatility extrapolated from Endeavour Silver options trading.

Pair Trading with Endeavour Silver

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 Endeavour Silver 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 Endeavour Silver will appreciate offsetting losses from the drop in the long position's value.

Moving together with Endeavour Stock

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Moving against Endeavour Stock

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The ability to find closely correlated positions to Endeavour Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavour Silver 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 Endeavour Silver - 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 Endeavour Silver Corp to buy it.
The correlation of Endeavour Silver 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 Endeavour Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour Silver Corp 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 Endeavour Silver 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 CorrelationCorrelation Matching
When determining whether Endeavour Silver Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Endeavour Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Endeavour Silver Corp Stock. Highlighted below are key reports to facilitate an investment decision about Endeavour Silver Corp Stock:
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Endeavour Silver's price analysis, check to measure Endeavour Silver'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 Endeavour Silver is operating at the current time. Most of Endeavour Silver's value examination focuses on studying past and present price action to predict the probability of Endeavour Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endeavour Silver's price. Additionally, you may evaluate how the addition of Endeavour Silver to your portfolios can decrease your overall portfolio volatility.
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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
0.03
Revenue Per Share
1.048
Quarterly Revenue Growth
(0.38)
Return On Assets
0.0116
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.