Silvercorp Net Tangible Assets vs Net Receivables Analysis

SVM Stock  USD 3.16  0.05  1.56%   
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 Net Tangible Assets and its Net Receivables 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.

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silvercorp Metals Net Tangible Assets account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between Silvercorp Metals' Net Tangible Assets and Net Receivables is 0.27. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables 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' Net Tangible Assets 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 Net Tangible Assets of Silvercorp Metals 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 Net Tangible Assets i.e., Silvercorp Metals' Net Tangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Receivables

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 2nd 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
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 Silvercorp Metals 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, Silvercorp Metals' short interest history, or implied volatility extrapolated from Silvercorp Metals options trading.

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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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.
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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.