SSR Total Assets vs Other Current Assets Analysis
SSRM Stock | USD 5.67 0.19 3.24% |
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 Total Assets and its Other Current Assets 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.
Total Assets vs Other Current Assets
Total Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SSR Mining Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SSR Mining's Total Assets and Other Current Assets is 0.56. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets 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 Total Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of SSR Mining are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Assets i.e., SSR Mining's Total Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of SSR Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in SSR Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 22nd 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 Profit | 574.9M | 358.6M | 347.4M | 364.8M | Total Revenue | 1.5B | 1.1B | 1.5B | 1.5B |
SSR Mining fundamental ratios Correlations
Click cells to compare fundamentals
SSR Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SSR Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.8B | 5.2B | 5.2B | 5.3B | 5.4B | 5.6B | |
Other Current Liab | 3.5M | 3.8M | 4.1M | 120.8M | 109.5M | 115.0M | |
Total Current Liabilities | 234.2M | 248.9M | 283.9M | 279.3M | 169.7M | 88.4M | |
Total Stockholder Equity | 1.1B | 3.4B | 3.5B | 3.6B | 3.4B | 3.5B | |
Property Plant And Equipment Net | 769.5M | 3.6B | 3.2B | 3.5B | 3.9B | 4.0B | |
Net Debt | (219.6M) | (347.3M) | (529.9M) | (248.9M) | (170.9M) | (162.4M) | |
Retained Earnings | (76.0M) | 58.5M | 397.7M | 521.8M | 366.2M | 384.5M | |
Cash | 503.6M | 860.6M | 1.0B | 655.5M | 490.0M | 256.8M | |
Non Current Assets Total | 850.4M | 3.8B | 3.6B | 3.9B | 4.2B | 4.4B | |
Cash And Short Term Investments | 570.1M | 887.4M | 1.1B | 695.7M | 510.8M | 302.8M | |
Net Receivables | 71.8M | 83.5M | 121.4M | 117.7M | 141.5M | 148.5M | |
Common Stock Total Equity | 1.1B | 3.2B | 3.1B | 3.1B | 3.5B | 3.7B | |
Common Stock Shares Outstanding | 122.7M | 163.7M | 228.2M | 222.5M | 204.7M | 214.9M | |
Liabilities And Stockholders Equity | 1.8B | 5.2B | 5.2B | 5.3B | 5.4B | 5.6B | |
Other Current Assets | 4.7M | 16.3M | 31.5M | 27.8M | 25.6M | 26.9M | |
Total Liab | 616.2M | 1.3B | 1.2B | 1.1B | 1.1B | 1.1B | |
Property Plant And Equipment Gross | 769.5M | 3.6B | 4.2B | 4.7B | 5.2B | 5.5B | |
Total Current Assets | 899.7M | 1.4B | 1.6B | 1.4B | 1.2B | 1.2B | |
Common Stock | 1.1B | 3.2B | 3.1B | 3.1B | 3.0B | 3.1B | |
Accounts Payable | 33.6M | 42.6M | 34.8M | 78.9M | 36.9M | 19.1M | |
Non Currrent Assets Other | 30.1M | 192.4M | 298.2M | 276.7M | 292.5M | 307.1M | |
Non Current Liabilities Total | 382.0M | 1.1B | 875.0M | 849.2M | 906.3M | 951.7M | |
Inventory | 237.6M | 437.4M | 389.4M | 501.6M | 512.5M | 538.1M | |
Other Assets | 31.2M | 197.0M | 306.7M | 260.6M | 1.0 | 0.95 | |
Short Long Term Debt Total | 284.0M | 513.4M | 487.6M | 406.6M | 319.0M | 204.5M | |
Other Liab | 208.9M | 619.5M | 473.6M | 503.3M | 578.8M | 607.7M | |
Net Tangible Assets | 1.1B | 3.4B | 3.5B | 3.6B | 4.1B | 4.3B | |
Long Term Debt | 169.8M | 319.6M | 295.5M | 226.5M | 227.5M | 143.1M | |
Short Term Investments | 66.5M | 26.7M | 40.4M | 40.3M | 20.8M | 19.8M | |
Property Plant Equipment | 769.5M | 3.6B | 3.2B | 3.6B | 4.1B | 4.3B |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as SSR Mining using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
CEOs Directory Screen CEOs from public companies around the world | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
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 0.21 | Earnings Share (2.04) | Revenue Per Share 6.594 | Quarterly Revenue Growth (0.27) |
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.