Sierra Property Plant And Equipment Net vs Retained Earnings Analysis

SMT Stock  CAD 0.39  0.00  0.00%   
Sierra Metals financial indicator trend analysis is much more than just breaking down Sierra Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sierra Metals is a good investment. Please check the relationship between Sierra Metals Property Plant And Equipment Net and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sierra Metals Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sierra Metals' Property Plant And Equipment Net and Retained Earnings is -0.15. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Sierra Metals, assuming nothing else is changed. The correlation between historical values of Sierra Metals' Property Plant And Equipment Net and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Sierra Metals are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., Sierra Metals' Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Sierra Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sierra Metals 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of the 16th of June 2024, Selling General Administrative is likely to grow to about 40.1 M, while Tax Provision is likely to drop about 5.6 M.
 2023 2024 (projected)
Cost Of Revenue177.7M139.6M
Research Development1.6M2.5M

Sierra Metals fundamental ratios Correlations

0.20.880.640.24-0.060.070.60.990.610.450.630.310.410.93-0.020.910.330.430.090.65-0.7-0.060.880.620.68
0.2-0.180.190.04-0.940.91-0.340.2-0.350.6-0.490.28-0.40.450.810.180.65-0.44-0.59-0.12-0.50.870.330.620.56
0.88-0.180.620.230.3-0.260.780.870.780.340.810.090.470.65-0.280.81-0.010.590.320.77-0.59-0.360.680.370.55
0.640.190.62-0.21-0.150.20.640.60.630.60.24-0.49-0.340.560.210.650.280.340.060.65-0.71-0.030.510.710.6
0.240.040.23-0.21-0.050.12-0.150.28-0.150.420.550.590.450.230.110.09-0.450.2-0.010.17-0.420.180.50.090.51
-0.06-0.940.3-0.15-0.05-0.90.37-0.080.38-0.60.5-0.190.51-0.33-0.83-0.04-0.490.420.560.260.43-0.9-0.25-0.51-0.52
0.070.91-0.260.20.12-0.9-0.370.07-0.380.66-0.480.14-0.520.320.860.110.51-0.38-0.48-0.04-0.520.780.30.680.55
0.6-0.340.780.64-0.150.37-0.370.531.00.180.66-0.30.120.37-0.270.76-0.140.410.160.71-0.31-0.430.470.230.27
0.990.20.870.60.28-0.080.070.530.530.450.620.350.440.93-0.040.850.320.460.140.59-0.7-0.050.860.580.68
0.61-0.350.780.63-0.150.38-0.381.00.530.170.66-0.30.130.37-0.280.76-0.130.420.170.71-0.3-0.440.460.230.26
0.450.60.340.60.42-0.60.660.180.450.170.15-0.03-0.350.490.640.440.080.05-0.310.43-0.930.570.630.740.95
0.63-0.490.810.240.550.5-0.480.660.620.660.150.230.640.4-0.420.57-0.480.610.350.59-0.33-0.450.60.020.35
0.310.280.09-0.490.59-0.190.14-0.30.35-0.3-0.030.230.690.420.050.170.13-0.05-0.18-0.14-0.050.260.4-0.010.18
0.41-0.40.47-0.340.450.51-0.520.120.440.13-0.350.640.690.29-0.620.25-0.140.350.380.140.1-0.460.28-0.25-0.07
0.930.450.650.560.23-0.330.320.370.930.370.490.40.420.290.190.840.50.25-0.10.46-0.690.170.90.720.68
-0.020.81-0.280.210.11-0.830.86-0.27-0.04-0.280.64-0.420.05-0.620.190.070.29-0.4-0.730.02-0.430.820.220.530.5
0.910.180.810.650.09-0.040.110.760.850.760.440.570.170.250.840.070.30.3-0.080.77-0.63-0.080.850.660.6
0.330.65-0.010.28-0.45-0.490.51-0.140.32-0.130.08-0.480.13-0.140.50.290.3-0.16-0.21-0.01-0.210.250.180.530.13
0.43-0.440.590.340.20.42-0.380.410.460.420.050.61-0.050.350.25-0.40.3-0.160.410.39-0.24-0.530.320.010.17
0.09-0.590.320.06-0.010.56-0.480.160.140.17-0.310.35-0.180.38-0.1-0.73-0.08-0.210.410.070.13-0.67-0.15-0.21-0.21
0.65-0.120.770.650.170.26-0.040.710.590.710.430.59-0.140.140.460.020.77-0.010.390.07-0.6-0.340.570.570.5
-0.7-0.5-0.59-0.71-0.420.43-0.52-0.31-0.7-0.3-0.93-0.33-0.050.1-0.69-0.43-0.63-0.21-0.240.13-0.6-0.33-0.77-0.83-0.97
-0.060.87-0.36-0.030.18-0.90.78-0.43-0.05-0.440.57-0.450.26-0.460.170.82-0.080.25-0.53-0.67-0.34-0.330.180.30.47
0.880.330.680.510.5-0.250.30.470.860.460.630.60.40.280.90.220.850.180.32-0.150.57-0.770.180.670.79
0.620.620.370.710.09-0.510.680.230.580.230.740.02-0.01-0.250.720.530.660.530.01-0.210.57-0.830.30.670.75
0.680.560.550.60.51-0.520.550.270.680.260.950.350.18-0.070.680.50.60.130.17-0.210.5-0.970.470.790.75
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Sierra Metals Account Relationship Matchups

Sierra Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets411.4M439.6M396.8M420.3M314.1M218.9M
Total Current Liabilities54.4M65.2M88.8M210.8M138.5M145.5M
Total Stockholder Equity176.8M201M169.2M97.5M75.3M98.5M
Property Plant And Equipment Net305.1M301.8M289.6M323.8M242.3M156.5M
Net Debt57.1M29.0M48.5M(6.9M)69.4M72.8M
Retained Earnings(65.2M)(41.8M)(74.1M)(218.8M)(180.9M)(171.9M)
Accounts Payable30.4M16.9M28.4M53.0M41.0M43.1M
Cash43.0M71.5M34.9M6.9M9.1M8.7M
Non Current Assets Total307.1M303.5M290.7M323.8M242.3M172.9M
Cash And Short Term Investments43.0M71.5M34.9M6.9M7.9M7.5M
Common Stock Shares Outstanding164.7M164.0M163.3M163.8M207.7M218.1M
Liabilities And Stockholders Equity411.4M439.6M396.8M420.3M483.4M507.5M
Non Current Liabilities Total145.1M134.2M103.4M(53.0M)65.7M57.6M
Other Stockholder Equity11.6M11.8M10.4M(97.5M)(87.7M)(83.3M)
Total Liab199.4M199.4M192.2M263.0M204.3M104.5M
Property Plant And Equipment Gross305.1M301.8M933.0M962.6M1.0B1.1B
Total Current Assets104.3M136.0M106.1M96.5M71.9M51.7M
Other Current Liab24.0M29.4M34.5M157.8M395K375.3K
Non Currrent Assets Other0.0284.9M307.1M(323.8M)(372.4M)(353.8M)
Net Receivables33.4M39.1M42.0M14.3M14.2M16.1M
Accumulated Other Comprehensive Income10.9M11.6M11.8M10.4M12.0M6.8M
Short Term Debt0.018.8M25.8M87.8M101.0M106.0M
Short Long Term Debt Total56.3M100.1M100.5M83.4M96.0M69.1M
Inventory26.1M23.5M26.7M30.4M24.9M16.2M
Common Stock Total Equity230.3M231.8M230.5M231.0M207.9M190.2M
Common Stock230.5M231.0M232.9M316.3M363.7M268.9M
Other Liab45.0M52.5M45.8M34.9M31.4M43.4M
Net Tangible Assets176.8M201M169.2M81.6M73.5M135.1M
Long Term Debt99.8M80.9M55.9M0.025.1M40.3M
Property Plant Equipment305.1M301.8M289.6M239.2M215.3M235.5M
Long Term Debt Total99.8M80.9M55.9M3.7M3.3M3.2M
Cash And Equivalents43.0M71.5M34.9M5.1M4.6M4.3M
Net Invested Capital276.6M281.9M225.2M108.0M153.7M170.8M

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Other Information on Investing in Sierra Stock

Balance Sheet is a snapshot of the financial position of Sierra Metals at a specified time, usually calculated after every quarter, six months, or one year. Sierra Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sierra Metals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sierra currently owns. An asset can also be divided into two categories, current and non-current.