Fortuna Net Receivables vs Non Current Assets Total Analysis
FSM Stock | USD 5.21 0.03 0.58% |
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 Receivables and its Non Current Assets Total 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 Receivables vs Non Current Assets Total
Net Receivables vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortuna Silver Mines Net Receivables account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fortuna Silver's Net Receivables and Non Current Assets Total is 0.92. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total 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 Receivables and Non Current Assets Total 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 Receivables of Fortuna Silver Mines are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Receivables i.e., Fortuna Silver's Net Receivables and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.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 11th of May 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
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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 |
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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 1.285 | Earnings Share (0.12) | Revenue Per Share 2.981 | Quarterly Revenue Growth 0.281 | Return On Assets 0.022 |
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.