Silvercorp Common Stock Shares Outstanding vs Good Will Analysis

SVM Stock  USD 3.68  0.04  1.08%   
Silvercorp Metals financial indicator trend analysis is much more than just breaking down Silvercorp Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silvercorp Metals is a good investment. Please check the relationship between Silvercorp Metals Common Stock Shares Outstanding and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silvercorp Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.

Common Stock Shares Outstanding vs Good Will

Common Stock Shares Outstanding vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silvercorp Metals Common Stock Shares Outstanding account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Silvercorp Metals' Common Stock Shares Outstanding and Good Will is 0.87. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Good Will in the same time period over historical financial statements of Silvercorp Metals, assuming nothing else is changed. The correlation between historical values of Silvercorp Metals' Common Stock Shares Outstanding and Good Will 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 Shares Outstanding of Silvercorp Metals are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock Shares Outstanding i.e., Silvercorp Metals' Common Stock Shares Outstanding and Good Will go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Silvercorp Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silvercorp 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, which includes a position in Silvercorp Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.At this time, Silvercorp Metals' Selling General Administrative is very stable compared to the past year. As of the 17th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.12, while Tax Provision is likely to drop about 15.2 M.
 2021 2022 2023 2024 (projected)
Interest Income5.0M4.6M5.3M3.6M
Tax Provision13.8M14.0M16.1M15.2M

Silvercorp Metals fundamental ratios Correlations

0.10.661.0-0.90.910.910.990.140.950.350.75-0.690.680.960.730.760.920.810.590.870.60.980.640.440.72
0.10.390.1-0.13-0.10.070.16-0.68-0.040.380.330.530.09-0.010.270.330.04-0.120.51-0.13-0.31-0.04-0.210.770.62
0.660.390.62-0.580.390.480.71-0.030.490.260.89-0.220.90.520.90.910.720.560.830.470.340.560.480.620.8
1.00.10.62-0.910.940.920.980.10.950.390.72-0.680.630.960.70.760.890.750.570.870.540.980.610.450.71
-0.9-0.13-0.58-0.91-0.88-0.96-0.850.0-0.93-0.42-0.620.69-0.61-0.94-0.62-0.68-0.82-0.69-0.53-0.81-0.54-0.9-0.61-0.34-0.62
0.91-0.10.390.94-0.880.910.860.110.950.360.46-0.760.430.940.460.60.760.630.320.870.460.930.540.20.49
0.910.070.480.92-0.960.910.860.080.950.320.55-0.70.520.950.540.570.850.740.420.890.610.930.530.280.56
0.990.160.710.98-0.850.860.860.140.890.320.8-0.610.70.90.780.810.920.780.670.850.550.960.580.540.77
0.14-0.68-0.030.10.00.110.080.140.16-0.70.06-0.50.250.130.09-0.080.310.47-0.090.280.580.250.24-0.35-0.36
0.95-0.040.490.95-0.930.950.950.890.160.350.58-0.810.591.00.570.60.860.80.380.870.660.960.680.20.55
0.350.380.260.39-0.420.360.320.32-0.70.350.3-0.120.130.390.30.390.12-0.020.310.07-0.160.270.360.360.58
0.750.330.890.72-0.620.460.550.80.060.580.3-0.340.880.610.990.870.760.70.850.510.50.690.650.680.87
-0.690.53-0.22-0.680.69-0.76-0.7-0.61-0.5-0.81-0.12-0.34-0.5-0.8-0.37-0.32-0.65-0.75-0.08-0.7-0.75-0.76-0.770.2-0.14
0.680.090.90.63-0.610.430.520.70.250.590.130.88-0.50.610.910.810.760.770.720.530.650.640.740.370.65
0.96-0.010.520.96-0.940.940.950.90.131.00.390.61-0.80.610.60.630.860.80.410.860.650.960.690.230.59
0.730.270.90.7-0.620.460.540.780.090.570.30.99-0.370.910.60.890.740.680.860.50.490.680.690.640.83
0.760.330.910.76-0.680.60.570.81-0.080.60.390.87-0.320.810.630.890.690.490.880.550.230.690.520.680.81
0.920.040.720.89-0.820.760.850.920.310.860.120.76-0.650.760.860.740.690.890.560.890.740.920.590.360.65
0.81-0.120.560.75-0.690.630.740.780.470.8-0.020.7-0.750.770.80.680.490.890.40.770.950.830.720.160.49
0.590.510.830.57-0.530.320.420.67-0.090.380.310.85-0.080.720.410.860.880.560.40.370.180.520.410.820.76
0.87-0.130.470.87-0.810.870.890.850.280.870.070.51-0.70.530.860.50.550.890.770.370.640.910.480.170.43
0.6-0.310.340.54-0.540.460.610.550.580.66-0.160.5-0.750.650.650.490.230.740.950.180.640.660.69-0.110.24
0.98-0.040.560.98-0.90.930.930.960.250.960.270.69-0.760.640.960.680.690.920.830.520.910.660.650.340.61
0.64-0.210.480.61-0.610.540.530.580.240.680.360.65-0.770.740.690.690.520.590.720.410.480.690.650.050.44
0.440.770.620.45-0.340.20.280.54-0.350.20.360.680.20.370.230.640.680.360.160.820.17-0.110.340.050.8
0.720.620.80.71-0.620.490.560.77-0.360.550.580.87-0.140.650.590.830.810.650.490.760.430.240.610.440.8
Click cells to compare fundamentals

Silvercorp Metals Account Relationship Matchups

Silvercorp Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets512.8M652.6M723.5M676.8M778.3M817.2M
Other Current Liab3.2M4.9M5.4M4.1M4.7M7.1M
Total Current Liabilities27.8M37.2M46.0M41.2M47.4M27.5M
Total Stockholder Equity368.7M467.6M512.4M489.1M562.4M590.5M
Net Debt(63.7M)(117.0M)(112.0M)(145.1M)(130.6M)(124.1M)
Retained Earnings145.9M187.9M213.7M229.9M264.4M277.6M
Cash65.8M118.7M113.3M145.7M167.5M175.9M
Non Current Assets Total354.6M431.5M491.2M457.8M526.4M552.7M
Non Currrent Assets Other9.2M8.5M9.9M7.9M9.0M9.5M
Cash And Short Term Investments142.5M199.1M212.9M203.3M233.8M245.5M
Net Receivables4.0M7.5M4.8M2.5M2.8M3.0M
Common Stock Shares Outstanding174.1M177.1M178.3M179.0M205.8M156.0M
Liabilities And Stockholders Equity512.8M652.6M723.5M676.8M778.3M817.2M
Other Stockholder Equity(415.2M)(463.5M)(495.0M)(511.4M)(460.3M)(437.2M)
Total Liab73.8M86.9M103.4M97.0M111.5M56.0M
Total Current Assets158.2M221.2M232.3M219.0M251.9M264.5M
Common Stock243.9M250.2M255.4M255.7M294.0M190.8M
Property Plant And Equipment Net238.8M294.6M346.2M328.1M377.4M201.3M
Accounts Payable23.1M30.3M39.7M36.7M42.2M44.4M
Non Current Liabilities Total46.0M49.7M57.4M55.7M64.1M67.3M
Other Current Assets3.3M4.8M5.5M4.9M5.6M3.3M
Property Plant And Equipment Gross291.3M294.6M676.4M680.0M782.0M821.1M
Accumulated Other Comprehensive Income(21.1M)29.5M43.3M3.5M4.0M3.8M
Other Liab48.0M44.5M48.7M56.8M65.3M68.6M
Net Tangible Assets347.4M368.7M467.6M512.4M589.3M618.7M
Other Assets10.0M9.1M10.8M8.0M9.2M5.1M
Common Stock Total Equity228.7M231.3M243.9M250.2M287.7M302.1M
Short Term Investments76.7M80.4M99.6M57.6M66.3M41.8M
Inventory8.4M9.8M9.1M8.3M7.5M7.0M
Long Term Investments53.3M69.2M74.6M66.2M76.2M80.0M
Short Term Debt567K657K649K269K242.1K230.0K
Intangible Assets52.5M58.6M59.7M55.3M49.8M47.3M
Property Plant Equipment291.3M353.2M405.9M383.5M441.0M254.2M
Short Long Term Debt Total2.1M1.7M1.3M583K524.7K498.5K
Current Deferred Revenue937K1.4M277K144K129.6K123.1K
Long Term Debt Total1.5M1.1M614K314K361.1K552.2K

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Silvercorp Metals 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

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Silvercorp Metals is a strong investment it is important to analyze Silvercorp Metals' 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 Silvercorp Metals' future performance. For an informed investment choice regarding Silvercorp 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 Silvercorp Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Silvercorp Stock analysis

When running Silvercorp Metals' price analysis, check to measure Silvercorp Metals' 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 Silvercorp Metals is operating at the current time. Most of Silvercorp Metals' value examination focuses on studying past and present price action to predict the probability of Silvercorp Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silvercorp Metals' price. Additionally, you may evaluate how the addition of Silvercorp Metals to your portfolios can decrease your overall portfolio volatility.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Equity Valuation
Check real value of public entities based on technical and fundamental data
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Is Silvercorp Metals' 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 Silvercorp Metals. If investors know Silvercorp 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 Silvercorp Metals 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
(0.12)
Dividend Share
0.025
Earnings Share
0.17
Revenue Per Share
1.168
Quarterly Revenue Growth
(0)
The market value of Silvercorp Metals is measured differently than its book value, which is the value of Silvercorp that is recorded on the company's balance sheet. Investors also form their own opinion of Silvercorp Metals' value that differs from its market value or its book value, called intrinsic value, which is Silvercorp Metals' 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 Silvercorp Metals' market value can be influenced by many factors that don't directly affect Silvercorp Metals' 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 Silvercorp Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Silvercorp Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silvercorp Metals' 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.