Fortuna Net Income From Continuing Ops vs Gross Profit Analysis
FSM Stock | USD 4.77 0.01 0.21% |
Fortuna Silver financial indicator trend analysis is much more than just examining Fortuna Silver Mines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortuna Silver Mines is a good investment. Please check the relationship between Fortuna Silver Net Income From Continuing Ops and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortuna Silver Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Net Income From Continuing Ops vs Gross Profit
Net Income From Continuing Ops vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortuna Silver Mines Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fortuna Silver's Net Income From Continuing Ops and Gross Profit is -0.35. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Fortuna Silver Mines, assuming nothing else is changed. The correlation between historical values of Fortuna Silver's Net Income From Continuing Ops and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Fortuna Silver Mines are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Fortuna Silver's Net Income From Continuing Ops and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income From Continuing Ops
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Fortuna Silver Mines minus its cost of goods sold. It is profit before Fortuna Silver operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Fortuna Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortuna Silver Mines 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 Fortuna Silver Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Fortuna Silver's Selling General Administrative is very stable compared to the past year. As of the 27th of April 2024, Enterprise Value Over EBITDA is likely to grow to 3.79, while Issuance Of Capital Stock is likely to drop about 132.5 K.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 441.4M | 597.4M | 732.7M | 769.3M | Interest Expense | 14.0M | 13.7M | 22.2M | 23.3M |
Fortuna Silver fundamental ratios Correlations
Click cells to compare fundamentals
Fortuna Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fortuna Silver fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 936.1M | 1.1B | 2.0B | 1.9B | 2.0B | 2.1B | |
Other Current Liab | 894K | 1.3M | 3.1M | 53.1M | 52.5M | 55.1M | |
Total Current Liabilities | 89.8M | 96.4M | 166.8M | 135.1M | 242.5M | 254.6M | |
Total Stockholder Equity | 635.4M | 725.8M | 1.4B | 1.2B | 1.2B | 1.3B | |
Net Debt | 87.0M | 46.2M | 79.8M | 160.0M | 135.4M | 142.2M | |
Retained Earnings | 187.2M | 208.7M | 266.6M | 138.5M | 87.2M | 65.3M | |
Accounts Payable | 41.0M | 29.6M | 82.5M | 72.6M | 99.9M | 104.9M | |
Cash | 83.4M | 131.9M | 107.1M | 80.5M | 127.5M | 133.9M | |
Cash And Short Term Investments | 83.4M | 133.0M | 107.5M | 80.6M | 127.5M | 73.3M | |
Net Receivables | 50.3M | 76.6M | 78.2M | 68.9M | 74.3M | 78.0M | |
Common Stock Shares Outstanding | 164.5M | 186.1M | 249.4M | 291.3M | 295.1M | 309.8M | |
Liabilities And Stockholders Equity | 936.1M | 1.1B | 2.0B | 1.9B | 2.0B | 2.1B | |
Non Current Liabilities Total | 210.9M | 233.1M | 425.6M | 452.4M | 433.7M | 455.4M | |
Total Liab | 300.6M | 329.6M | 592.4M | 587.5M | 676.3M | 710.1M | |
Total Current Assets | 152.1M | 248.1M | 281.1M | 252.7M | 331.6M | 348.2M | |
Common Stock | 422.1M | 492.3M | 1.1B | 1.1B | 1.1B | 1.2B | |
Other Stockholder Equity | 330.9M | 378.9M | 28.8M | 29.9M | 1.0 | 0.95 | |
Short Long Term Debt Total | 170.4M | 178.1M | 186.9M | 240.5M | 262.9M | 276.0M | |
Property Plant And Equipment Net | 732.0M | 791.1M | 1.7B | 1.6B | 1.6B | 1.6B | |
Non Current Assets Total | 783.9M | 807.3M | 1.7B | 1.6B | 1.6B | 1.7B | |
Other Assets | 52.9M | 16.1M | 28.5M | 1K | 1.2K | 1.1K | |
Other Current Assets | 4.0M | 3.3M | 9.6M | 11.2M | 14.6M | 15.4M | |
Property Plant And Equipment Gross | 732.0M | 791.1M | 2.2B | 2.4B | 2.8B | 2.9B | |
Short Term Debt | 8.8M | 7.0M | 10.5M | 9.4M | 58.5M | 61.5M | |
Inventory | 14.5M | 35.3M | 85.8M | 92.0M | 115.2M | 121.0M | |
Current Deferred Revenue | 39.1M | 58.6M | 70.6M | 31.6M | 36.4M | 30.4M | |
Accumulated Other Comprehensive Income | 26.1M | 24.7M | 28.8M | 29.9M | 25.2M | 16.8M | |
Non Currrent Assets Other | 50.6M | 1.8M | 28.5M | 51.9M | 59.1M | 62.1M | |
Other Liab | 49.3M | 62.0M | 249.2M | 221.3M | 254.5M | 267.3M | |
Net Tangible Assets | 635.4M | 725.8M | 1.4B | 1.2B | 1.4B | 1.5B | |
Long Term Debt | 146.5M | 158.6M | 157.5M | 219.2M | 162.9M | 171.1M | |
Common Stock Total Equity | 418.2M | 420.5M | 422.1M | 492.3M | 566.2M | 287.9M | |
Short Long Term Debt | 40.8M | 224K | 894K | 43.9M | 50.5M | 53.0M | |
Property Plant Equipment | 729.2M | 791.1M | 1.7B | 1.6B | 1.8B | 1.9B | |
Long Term Debt Total | 74.7M | 161.6M | 171.1M | 176.4M | 202.8M | 110.6M | |
Capital Lease Obligations | 23.9M | 19.5M | 29.4M | 21.3M | 57.4M | 60.3M | |
Non Current Liabilities Other | 253K | 259K | 3.3M | 2.6M | 10.0M | 10.5M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortuna Silver Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Fortuna Stock analysis
When running Fortuna Silver's price analysis, check to measure Fortuna 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 Fortuna Silver is operating at the current time. Most of Fortuna Silver's value examination focuses on studying past and present price action to predict the probability of Fortuna 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 Fortuna Silver's price. Additionally, you may evaluate how the addition of Fortuna Silver to your portfolios can decrease your overall portfolio volatility.
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |
Is Fortuna 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 Fortuna Silver. If investors know Fortuna 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 Fortuna 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 0.254 | Earnings Share (0.17) | Revenue Per Share 2.855 | Quarterly Revenue Growth 0.611 | Return On Assets 0.0139 |
The market value of Fortuna Silver Mines is measured differently than its book value, which is the value of Fortuna that is recorded on the company's balance sheet. Investors also form their own opinion of Fortuna Silver's value that differs from its market value or its book value, called intrinsic value, which is Fortuna 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 Fortuna Silver's market value can be influenced by many factors that don't directly affect Fortuna 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 Fortuna Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortuna Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortuna 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.