SSR Common Stock vs Net Receivables Analysis

SSRM Stock  USD 5.38  0.02  0.37%   
SSR Mining financial indicator trend analysis is much more than just breaking down SSR Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SSR Mining is a good investment. Please check the relationship between SSR Mining Common Stock and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSR Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SSR Mining Common Stock account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SSR Mining's Common Stock and Net Receivables is 0.87. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of SSR Mining, assuming nothing else is changed. The correlation between historical values of SSR Mining's Common Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of SSR Mining are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., SSR Mining's Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

Net Receivables

Most indicators from SSR Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SSR Mining 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 SSR Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.At this time, SSR Mining's Selling General Administrative is very stable compared to the past year. As of the 2nd of May 2024, Tax Provision is likely to grow to about 16.5 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit574.9M358.6M347.4M364.8M
Total Revenue1.5B1.1B1.5B1.5B

SSR Mining fundamental ratios Correlations

0.230.591.00.99-0.620.690.681.00.620.891.00.940.560.570.970.980.931.00.60.950.960.960.60.760.97
0.23-0.060.220.250.110.24-0.120.25-0.10.410.260.30.63-0.140.180.310.160.210.130.290.20.29-0.16-0.050.2
0.59-0.060.620.53-0.70.420.810.540.790.610.540.620.30.430.650.490.730.610.650.50.530.540.740.810.52
1.00.220.620.99-0.650.730.710.990.650.890.980.940.550.590.960.970.940.990.630.950.940.950.640.770.96
0.990.250.530.99-0.560.690.621.00.540.890.990.920.540.530.950.990.890.990.570.960.950.960.550.710.97
-0.620.11-0.7-0.65-0.56-0.44-0.94-0.56-0.89-0.59-0.59-0.66-0.41-0.61-0.65-0.51-0.8-0.64-0.27-0.57-0.59-0.52-0.74-0.77-0.58
0.690.240.420.730.69-0.440.350.710.330.710.640.620.370.560.510.720.560.630.560.740.470.580.470.290.54
0.68-0.120.810.710.62-0.940.350.620.970.580.650.720.430.570.760.560.870.720.470.60.70.60.830.930.66
1.00.250.540.991.0-0.560.710.620.550.890.990.920.540.540.940.990.890.990.580.960.940.960.560.710.97
0.62-0.10.790.650.54-0.890.330.970.550.50.590.680.410.570.710.480.840.660.520.530.660.530.820.910.58
0.890.410.610.890.89-0.590.710.580.890.50.90.880.640.530.830.910.840.870.430.910.790.870.410.60.83
1.00.260.540.980.99-0.590.640.650.990.590.90.940.560.550.970.980.920.990.550.950.970.970.540.750.98
0.940.30.620.940.92-0.660.620.720.920.680.880.940.610.620.940.920.950.950.610.90.920.950.610.790.92
0.560.630.30.550.54-0.410.370.430.540.410.640.560.610.460.540.570.570.560.20.670.540.50.420.460.47
0.57-0.140.430.590.53-0.610.560.570.540.570.530.550.620.460.510.560.60.570.260.630.480.440.620.490.46
0.970.180.650.960.95-0.650.510.760.940.710.830.970.940.540.510.910.960.980.60.880.990.950.640.870.97
0.980.310.490.970.99-0.510.720.560.990.480.910.980.920.570.560.910.860.960.550.970.920.960.50.650.95
0.930.160.730.940.89-0.80.560.870.890.840.840.920.950.570.60.960.860.950.60.850.930.890.720.90.9
1.00.210.610.990.99-0.640.630.720.990.660.870.990.950.560.570.980.960.950.60.940.970.960.630.810.98
0.60.130.650.630.57-0.270.560.470.580.520.430.550.610.20.260.60.550.60.60.520.540.590.650.620.53
0.950.290.50.950.96-0.570.740.60.960.530.910.950.90.670.630.880.970.850.940.520.880.890.570.660.89
0.960.20.530.940.95-0.590.470.70.940.660.790.970.920.540.480.990.920.930.970.540.880.950.570.830.98
0.960.290.540.950.96-0.520.580.60.960.530.870.970.950.50.440.950.960.890.960.590.890.950.490.730.97
0.6-0.160.740.640.55-0.740.470.830.560.820.410.540.610.420.620.640.50.720.630.650.570.570.490.80.52
0.76-0.050.810.770.71-0.770.290.930.710.910.60.750.790.460.490.870.650.90.810.620.660.830.730.80.77
0.970.20.520.960.97-0.580.540.660.970.580.830.980.920.470.460.970.950.90.980.530.890.980.970.520.77
Click cells to compare fundamentals

SSR Mining Account Relationship Matchups

SSR Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B5.2B5.2B5.3B5.4B5.6B
Other Current Liab3.5M3.8M4.1M120.8M109.5M115.0M
Total Current Liabilities234.2M248.9M283.9M279.3M169.7M88.4M
Total Stockholder Equity1.1B3.4B3.5B3.6B3.4B3.5B
Property Plant And Equipment Net769.5M3.6B3.2B3.5B3.9B4.0B
Net Debt(219.6M)(347.3M)(529.9M)(248.9M)(170.9M)(162.4M)
Retained Earnings(76.0M)58.5M397.7M521.8M366.2M384.5M
Cash503.6M860.6M1.0B655.5M490.0M256.8M
Non Current Assets Total850.4M3.8B3.6B3.9B4.2B4.4B
Cash And Short Term Investments570.1M887.4M1.1B695.7M510.8M302.8M
Net Receivables71.8M83.5M121.4M117.7M141.5M148.5M
Common Stock Total Equity1.1B3.2B3.1B3.1B3.5B3.7B
Common Stock Shares Outstanding122.7M163.7M228.2M222.5M204.7M214.9M
Liabilities And Stockholders Equity1.8B5.2B5.2B5.3B5.4B5.6B
Other Current Assets4.7M16.3M31.5M27.8M25.6M26.9M
Total Liab616.2M1.3B1.2B1.1B1.1B1.1B
Property Plant And Equipment Gross769.5M3.6B4.2B4.7B5.2B5.5B
Total Current Assets899.7M1.4B1.6B1.4B1.2B1.2B
Common Stock1.1B3.2B3.1B3.1B3.0B3.1B
Accounts Payable33.6M42.6M34.8M78.9M36.9M19.1M
Non Currrent Assets Other30.1M192.4M298.2M276.7M292.5M307.1M
Non Current Liabilities Total382.0M1.1B875.0M849.2M906.3M951.7M
Inventory237.6M437.4M389.4M501.6M512.5M538.1M
Other Assets31.2M197.0M306.7M260.6M1.00.95
Short Long Term Debt Total284.0M513.4M487.6M406.6M319.0M204.5M
Other Liab208.9M619.5M473.6M503.3M578.8M607.7M
Net Tangible Assets1.1B3.4B3.5B3.6B4.1B4.3B
Long Term Debt169.8M319.6M295.5M226.5M227.5M143.1M
Short Term Investments66.5M26.7M40.4M40.3M20.8M19.8M
Property Plant Equipment769.5M3.6B3.2B3.6B4.1B4.3B
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 SSR Mining 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, SSR Mining's short interest history, or implied volatility extrapolated from SSR Mining options trading.

Currently Active Assets on Macroaxis

When determining whether SSR Mining is a strong investment it is important to analyze SSR Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SSR Mining's future performance. For an informed investment choice regarding SSR Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSR Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for SSR Stock analysis

When running SSR Mining's price analysis, check to measure SSR Mining'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 SSR Mining is operating at the current time. Most of SSR Mining's value examination focuses on studying past and present price action to predict the probability of SSR Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SSR Mining's price. Additionally, you may evaluate how the addition of SSR Mining to your portfolios can decrease your overall portfolio volatility.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Bonds Directory
Find actively traded corporate debentures issued by US companies
Commodity Directory
Find actively traded commodities issued by global exchanges
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Is SSR Mining'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 SSR Mining. If investors know SSR 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 SSR Mining 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
0.32
Dividend Share
0.28
Earnings Share
(0.48)
Revenue Per Share
6.97
Quarterly Revenue Growth
0.39
The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining'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 SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining'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 SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining'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.