SLCA Inventory Turnover vs Net Income Analysis

SLCA Stock  USD 13.06  0.16  1.24%   
US Silica financial indicator trend analysis is much more than just breaking down US Silica Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US Silica Holdings is a good investment. Please check the relationship between US Silica Inventory Turnover and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Silica Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Inventory Turnover vs Net Income

Inventory Turnover vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Silica Holdings Inventory Turnover account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between US Silica's Inventory Turnover and Net Income is -0.1. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Net Income in the same time period over historical financial statements of US Silica Holdings, assuming nothing else is changed. The correlation between historical values of US Silica's Inventory Turnover and Net Income 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 Turnover of US Silica Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Inventory Turnover i.e., US Silica's Inventory Turnover and Net Income go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in US Silica Holdings financial statement analysis. It represents the amount of money remaining after all of US Silica Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from US Silica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US Silica Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in US Silica Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Tax Provision is expected to grow to about 54.3 M, whereas Selling General Administrative is forecasted to decline to about 94.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense71.2M77.6M101.7M51.3M
Depreciation And Amortization167.5M150.8M137.3M97.4M

US Silica fundamental ratios Correlations

0.920.770.040.840.780.630.890.170.6-0.490.90.380.91-0.220.20.780.310.940.90.950.780.88-0.220.940.81
0.920.850.270.890.810.80.960.290.64-0.410.910.490.98-0.080.210.870.430.910.930.90.890.9-0.210.930.9
0.770.850.250.870.390.560.920.020.93-0.750.870.110.9-0.190.381.00.060.850.680.770.990.86-0.050.750.99
0.040.270.250.40.150.320.330.420.270.150.17-0.050.340.360.130.24-0.050.130.31-0.010.270.1-0.040.080.3
0.840.890.870.40.570.620.920.260.76-0.510.950.220.91-0.260.120.870.170.890.80.770.880.86-0.080.780.92
0.780.810.390.150.570.730.650.430.090.060.610.780.710.060.010.420.730.650.890.760.450.62-0.350.840.47
0.630.80.560.320.620.730.770.450.380.020.690.440.780.180.050.610.40.630.730.580.660.7-0.220.620.66
0.890.960.920.330.920.650.770.230.81-0.520.930.231.0-0.080.280.940.170.920.860.850.950.91-0.170.850.96
0.170.290.020.420.260.430.450.23-0.060.540.260.220.240.05-0.030.060.280.280.25-0.010.090.180.20.110.12
0.60.640.930.270.760.090.380.81-0.06-0.80.74-0.270.76-0.190.410.92-0.310.730.460.570.910.720.050.510.9
-0.49-0.41-0.750.15-0.510.060.02-0.520.54-0.8-0.510.2-0.50.4-0.4-0.710.26-0.52-0.3-0.56-0.68-0.510.04-0.48-0.66
0.90.910.870.170.950.610.690.930.260.74-0.510.250.92-0.350.060.880.20.940.790.830.890.94-0.10.810.91
0.380.490.11-0.050.220.780.440.230.22-0.270.20.250.30.01-0.110.130.990.240.540.470.140.29-0.250.570.16
0.910.980.90.340.910.710.781.00.240.76-0.50.920.3-0.070.260.910.230.920.910.870.930.9-0.210.890.94
-0.22-0.08-0.190.36-0.260.060.18-0.080.05-0.190.4-0.350.01-0.070.04-0.180.03-0.240.01-0.18-0.14-0.27-0.05-0.17-0.17
0.20.210.380.130.120.010.050.28-0.030.41-0.40.06-0.110.260.040.36-0.130.290.10.210.340.10.120.230.31
0.780.871.00.240.870.420.610.940.060.92-0.710.880.130.91-0.180.360.080.860.690.771.00.87-0.050.750.99
0.310.430.06-0.050.170.730.40.170.28-0.310.260.20.990.230.03-0.130.080.20.460.40.090.25-0.170.490.11
0.940.910.850.130.890.650.630.920.280.73-0.520.940.240.92-0.240.290.860.20.80.860.860.89-0.060.850.88
0.90.930.680.310.80.890.730.860.250.46-0.30.790.540.910.010.10.690.460.80.880.720.77-0.360.940.74
0.950.90.77-0.010.770.760.580.85-0.010.57-0.560.830.470.87-0.180.210.770.40.860.880.780.88-0.270.960.79
0.780.890.990.270.880.450.660.950.090.91-0.680.890.140.93-0.140.341.00.090.860.720.780.88-0.050.761.0
0.880.90.860.10.860.620.70.910.180.72-0.510.940.290.9-0.270.10.870.250.890.770.880.88-0.10.810.9
-0.22-0.21-0.05-0.04-0.08-0.35-0.22-0.170.20.050.04-0.1-0.25-0.21-0.050.12-0.05-0.17-0.06-0.36-0.27-0.05-0.1-0.32-0.06
0.940.930.750.080.780.840.620.850.110.51-0.480.810.570.89-0.170.230.750.490.850.940.960.760.81-0.320.77
0.810.90.990.30.920.470.660.960.120.9-0.660.910.160.94-0.170.310.990.110.880.740.791.00.9-0.060.77
Click cells to compare fundamentals

US Silica Account Relationship Matchups

US Silica fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding73.3M73.6M74.4M77.7M78.5M70.0M
Total Assets2.6B2.2B2.2B2.2B2.1B1.8B
Short Long Term Debt Total1.4B1.3B1.3B1.1B913.7M787.3M
Other Current Liab67.2M26.2M1.2M128K311K295.5K
Total Current Liabilities335.4M194.9M205.9M272.0M185.9M167.2M
Total Stockholder Equity705.2M615.3M604.2M696.7M849.3M649.8M
Other Liab169.3M151.2M131.4M136M156.4M151.4M
Property Plant And Equipment Net1.6B1.4B1.3B1.2B1.2B978.4M
Current Deferred Revenue15.1M13.5M4.2M16.3M3.1M3.0M
Net Debt1.2B1.2B1.1B860.4M668.0M551.0M
Retained Earnings(280.0M)(395.5M)(429.3M)(351.1M)(204.2M)(194.0M)
Accounts Payable181.0M121.9M167.7M216.2M147.5M112.8M
Cash185.7M150.9M239.4M280.8M245.7M236.3M
Non Current Assets Total2.0B1.8B1.6B1.6B1.5B1.3B
Non Currrent Assets Other16.2M9.8M7.1M(55.0M)12.5M13.1M
Other Assets34.4M1.4B7.1M18.5M21.3M20.2M
Long Term Debt1.2B1.2B1.2B1.0B823.7M735.9M
Cash And Short Term Investments185.7M150.9M239.4M280.8M245.7M248.9M
Net Receivables182.2M206.9M202.8M208.6M185.9M141.7M
Good Will272.1M261.3M273.5M185.6M213.5M166.5M
Common Stock Total Equity823K827K845K854K982.1K741.0K
Liabilities And Stockholders Equity2.6B2.2B2.2B2.2B2.1B1.8B
Non Current Liabilities Total1.5B1.4B1.4B1.2B1.1B945.4M
Inventory124.4M104.7M115.7M147.6M149.4M94.3M
Other Current Assets16.6M23.8M18.0M20.2M19.7M21.4M
Other Stockholder Equity1.0B1.0B1.0B1.0B1.1B698.4M
Total Liab1.8B1.6B1.6B1.5B1.2B1.1B
Property Plant And Equipment Gross1.6B1.4B1.3B1.2B2.4B2.5B
Total Current Assets509.0M486.3M575.9M657.3M600.7M506.4M
Accumulated Other Comprehensive Income(19.9M)(8.5M)349K(1.7M)(125K)(131.3K)
Short Term Debt72.1M59.4M32.8M39.3M34.9M22.9M
Intangible Assets183.8M159.6M150.1M140.8M131.4M101.2M
Common Stock823K827K845K854K877K755.9K
Property Plant Equipment1.5B1.4B1.3B1.2B1.4B944.6M
Net Tangible Assets247.9M270.0M268.5M370.2M425.8M465.9M
Noncontrolling Interest In Consolidated Entity11.4M11.5M9.9M8.0M9.2M4.8M
Retained Earnings Total Equity(280.0M)(395.5M)(429.3M)(351.1M)(316.0M)(300.2M)
Long Term Debt Total1.2B1.2B1.2B1.0B1.2B851.1M
Capital Surpluse1.2B1.2B1.2B1.2B1.4B900.8M
Deferred Long Term Liab38.6M49.4M44.8M64.6M58.2M63.9M
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 US Silica 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, US Silica's short interest history, or implied volatility extrapolated from US Silica options trading.

Currently Active Assets on Macroaxis

When determining whether US Silica Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of US Silica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Us Silica Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Us Silica Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Silica Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the US Silica Holdings information on this page should be used as a complementary analysis to other US Silica'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running US Silica's price analysis, check to measure US Silica'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 US Silica is operating at the current time. Most of US Silica's value examination focuses on studying past and present price action to predict the probability of US Silica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move US Silica's price. Additionally, you may evaluate how the addition of US Silica to your portfolios can decrease your overall portfolio volatility.
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Is US Silica'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 US Silica. If investors know SLCA 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 US Silica 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
(0.09)
Earnings Share
1.87
Revenue Per Share
20.161
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0803
The market value of US Silica Holdings is measured differently than its book value, which is the value of SLCA that is recorded on the company's balance sheet. Investors also form their own opinion of US Silica's value that differs from its market value or its book value, called intrinsic value, which is US Silica'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 US Silica's market value can be influenced by many factors that don't directly affect US Silica'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 US Silica's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Silica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Silica'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.