SSR Retained Earnings vs Capital Stock Analysis

SSRM Stock  USD 5.36  0.27  4.80%   
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 Retained Earnings and its Capital Stock 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.

Retained Earnings vs Capital Stock

Retained Earnings vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SSR Mining Retained Earnings account and Capital Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between SSR Mining's Retained Earnings and Capital Stock is 0.68. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Capital Stock 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 Retained Earnings and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of SSR Mining are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Retained Earnings i.e., SSR Mining's Retained Earnings and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Capital Stock

The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.
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 1st 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Bonds Directory
Find actively traded corporate debentures issued by US companies
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
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.