Americas Net Interest Income vs Selling And Marketing Expenses Analysis

USAS Stock

USD 0.39 0.03 7.14%

Americas Silver financial indicator trend analysis is way more than just evaluating Americas Silver Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Americas Silver Corp is a good investment. Please check the relationship between Americas Silver Net Interest Income and its Selling And Marketing Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Interest Income vs Selling And Marketing Expenses

Net Interest Income vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Americas Silver Corp Net Interest Income account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong relationship.

The correlation between Americas Silver's Net Interest Income and Selling And Marketing Expenses is 0.69. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Americas Silver Corp, assuming nothing else is changed. The correlation between historical values of Americas Silver's Net Interest Income and Selling And Marketing Expenses 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 Interest Income of Americas Silver Corp are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Net Interest Income i.e., Americas Silver's Net Interest Income and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Selling And Marketing Expenses

Most indicators from Americas Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Americas Silver Corp 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, Americas Silver's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 63.05 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 5.3 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	4.9M	1.8M	8.2M	8.6M
Depreciation And Amortization	15.8M	21.3M	21.8M	22.9M

Interest Expense Depreciation And Amortization

Americas Silver fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Assets	Other Current Assets	Other Current Liab	Property Plant And Equipment Gross	Other Liab	Net Tangible Assets	Long Term Debt	Common Stock Total Equity	Inventory
Total Assets		0.52	0.7	0.97	0.3	-0.47	0.64	0.07	0.98	0.29	0.03	0.45	0.43	0.74	0.53	0.66	0.26	0.39	0.26	0.69	0.58	0.66	0.68	0.71	0.68	0.48
Total Current Liabilities	0.52		-0.08	0.59	0.8	-0.95	0.92	-0.5	0.58	-0.02	-0.53	0.33	0.95	0.87	0.26	0.96	-0.23	-0.25	0.45	0.71	0.95	0.94	0.43	0.65	0.95	0.3
Total Stockholder Equity	0.7	-0.08		0.55	-0.3	0.15	0.01	0.57	0.59	0.31	0.57	0.25	-0.13	0.12	0.44	0.03	0.68	0.67	-0.04	0.32	0.03	0.02	0.36	0.18	0.18	0.3
Property Plant And Equipment Net	0.97	0.59	0.55		0.48	-0.53	0.72	-0.13	1.0	0.25	-0.18	0.39	0.5	0.84	0.49	0.75	0.04	0.22	0.3	0.71	0.62	0.74	0.75	0.83	0.72	0.45
Net Debt	0.3	0.8	-0.3	0.48		-0.76	0.75	-0.87	0.44	-0.09	-0.89	0.18	0.74	0.77	0.13	0.81	-0.67	-0.46	0.49	0.47	0.71	0.78	0.46	0.77	0.7	0.23
Retained Earnings	-0.47	-0.95	0.15	-0.53	-0.76		-0.9	0.53	-0.52	0.05	0.54	-0.46	-0.97	-0.82	-0.23	-0.91	0.22	0.22	-0.41	-0.54	-0.96	-0.9	-0.36	-0.6	-0.93	-0.38
Accounts Payable	0.64	0.92	0.01	0.72	0.75	-0.9		-0.46	0.7	-0.02	-0.52	0.42	0.84	0.93	0.21	0.96	-0.2	-0.25	0.52	0.66	0.87	0.93	0.57	0.77	0.9	0.45
Cash	0.07	-0.5	0.57	-0.13	-0.87	0.53	-0.46		-0.1	0.08	0.97	-0.11	-0.52	-0.46	0.03	-0.49	0.86	0.49	-0.37	-0.11	-0.46	-0.47	-0.19	-0.49	-0.35	-0.04
Non Current Assets Total	0.98	0.58	0.59	1.0	0.44	-0.52	0.7	-0.1		0.28	-0.13	0.4	0.49	0.82	0.52	0.73	0.08	0.29	0.28	0.72	0.63	0.73	0.73	0.79	0.71	0.44
Non Currrent Assets Other	0.29	-0.02	0.31	0.25	-0.09	0.05	-0.02	0.08	0.28		0.03	0.23	-0.06	0.13	0.0	0.06	0.09	0.54	-0.03	0.1	0.07	0.13	0.44	-0.07	0.02	0.16
Cash And Short Term Investments	0.03	-0.53	0.57	-0.18	-0.89	0.54	-0.52	0.97	-0.13	0.03		-0.11	-0.51	-0.51	0.16	-0.54	0.87	0.59	-0.41	-0.11	-0.45	-0.52	-0.33	-0.53	-0.37	-0.1
Net Receivables	0.45	0.33	0.25	0.39	0.18	-0.46	0.42	-0.11	0.4	0.23	-0.11		0.39	0.26	-0.04	0.31	0.33	0.19	0.49	-0.06	0.45	0.28	0.32	0.24	0.46	0.68
Common Stock Shares Outstanding	0.43	0.95	-0.13	0.5	0.74	-0.97	0.84	-0.52	0.49	-0.06	-0.51	0.39		0.77	0.33	0.89	-0.23	-0.17	0.35	0.61	0.98	0.87	0.29	0.55	0.93	0.22
Non Current Liabilities Total	0.74	0.87	0.12	0.84	0.77	-0.82	0.93	-0.46	0.82	0.13	-0.51	0.26	0.77		0.33	0.97	-0.28	-0.1	0.37	0.76	0.84	0.97	0.63	0.85	0.87	0.37
Other Stockholder Equity	0.53	0.26	0.44	0.49	0.13	-0.23	0.21	0.03	0.52	0.0	0.16	-0.04	0.33	0.33		0.31	0.11	0.53	-0.11	0.62	0.4	0.31	0.06	0.32	0.37	-0.15
Total Liab	0.66	0.96	0.03	0.75	0.81	-0.91	0.96	-0.49	0.73	0.06	-0.54	0.31	0.89	0.97	0.31		-0.26	-0.17	0.43	0.76	0.92	0.99	0.55	0.78	0.94	0.35
Total Current Assets	0.26	-0.23	0.68	0.04	-0.67	0.22	-0.2	0.86	0.08	0.09	0.87	0.33	-0.23	-0.28	0.11	-0.26		0.56	-0.07	-0.04	-0.15	-0.27	-0.11	-0.33	-0.03	0.3
Other Assets	0.39	-0.25	0.67	0.22	-0.46	0.22	-0.25	0.49	0.29	0.54	0.59	0.19	-0.17	-0.1	0.53	-0.17	0.56		-0.23	0.11	-0.02	-0.11	-0.1	-0.22	-0.06	-0.01
Other Current Assets	0.26	0.45	-0.04	0.3	0.49	-0.41	0.52	-0.37	0.28	-0.03	-0.41	0.49	0.35	0.37	-0.11	0.43	-0.07	-0.23		0.14	0.32	0.38	0.33	0.32	0.4	0.22
Other Current Liab	0.69	0.71	0.32	0.71	0.47	-0.54	0.66	-0.11	0.72	0.1	-0.11	-0.06	0.61	0.76	0.62	0.76	-0.04	0.11	0.14		0.66	0.75	0.43	0.63	0.71	0.02
Property Plant And Equipment Gross	0.58	0.95	0.03	0.62	0.71	-0.96	0.87	-0.46	0.63	0.07	-0.45	0.45	0.98	0.84	0.4	0.92	-0.15	-0.02	0.32	0.66		0.92	0.37	0.6	0.96	0.31
Other Liab	0.66	0.94	0.02	0.74	0.78	-0.9	0.93	-0.47	0.73	0.13	-0.52	0.28	0.87	0.97	0.31	0.99	-0.27	-0.11	0.38	0.75	0.92		0.53	0.74	0.92	0.33
Net Tangible Assets	0.68	0.43	0.36	0.75	0.46	-0.36	0.57	-0.19	0.73	0.44	-0.33	0.32	0.29	0.63	0.06	0.55	-0.11	-0.1	0.33	0.43	0.37	0.53		0.69	0.5	0.52
Long Term Debt	0.71	0.65	0.18	0.83	0.77	-0.6	0.77	-0.49	0.79	-0.07	-0.53	0.24	0.55	0.85	0.32	0.78	-0.33	-0.22	0.32	0.63	0.6	0.74	0.69		0.68	0.44
Common Stock Total Equity	0.68	0.95	0.18	0.72	0.7	-0.93	0.9	-0.35	0.71	0.02	-0.37	0.46	0.93	0.87	0.37	0.94	-0.03	-0.06	0.4	0.71	0.96	0.92	0.5	0.68		0.44
Inventory	0.48	0.3	0.3	0.45	0.23	-0.38	0.45	-0.04	0.44	0.16	-0.1	0.68	0.22	0.37	-0.15	0.35	0.3	-0.01	0.22	0.02	0.31	0.33	0.52	0.44	0.44

Click cells to compare fundamentals

Americas Silver Account Relationship Matchups

Americas Silver fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	231.0M	284.8M	213.4M	190.8M	179.6M	116.6M
Total Current Liabilities	34.8M	39.0M	45.7M	42.1M	60.9M	63.9M
Total Stockholder Equity	126.3M	169.7M	93.1M	81.2M	53.1M	78.1M
Property Plant And Equipment Net	190.4M	259.3M	177.9M	161.3M	152.3M	85.3M
Net Debt	(4.5M)	23.2M	16.7M	10.4M	21.6M	22.7M
Retained Earnings	(203.1M)	(230.3M)	(387.9M)	(428.8M)	(461.0M)	(438.0M)
Accounts Payable	22.7M	21.1M	20.6M	27.1M	22.4M	23.5M
Cash	20.0M	4.7M	2.9M	2.0M	2.1M	1.9M
Non Current Assets Total	196.1M	264.7M	189.9M	165.4M	156.6M	91.7M
Non Currrent Assets Other	5.3M	1.3M	7.9M	1.9K	1.0	0.95
Cash And Short Term Investments	20.0M	4.7M	2.9M	2.0M	2.1M	1.9M
Net Receivables	5.3M	5.1M	8.2M	11.6M	9.4M	5.1M
Common Stock Shares Outstanding	71.4M	103.9M	141.9M	184.4M	212.7M	223.3M
Liabilities And Stockholders Equity	231.0M	284.8M	213.4M	190.8M	179.6M	116.6M
Non Current Liabilities Total	57.2M	64.6M	63.9M	50.1M	46.8M	49.2M
Other Stockholder Equity	(161K)	153.6M	57.9M	60.7M	54.6M	29.5M
Total Liab	92.0M	103.7M	109.6M	92.2M	107.7M	113.1M
Total Current Assets	34.9M	20.1M	23.5M	25.4M	22.9M	24.8M
Accumulated Other Comprehensive Income	44.8M	49.2M	57.9M	60.7M	60.9M	64.0M
Other Assets	5.7M	5.4M	12.0M	4.1M	1.0	0.95
Other Current Assets	2.5M	2.2M	2.4M	3.0M	2.8M	2.5M
Other Current Liab	4.4M	4.6M	2.2M	991K	3.4M	3.5M
Property Plant And Equipment Gross	190.4M	259.3M	342.6M	360.8M	379.4M	398.4M
Other Liab	41.6M	42.4M	54.3M	39.2M	45.1M	47.4M
Net Tangible Assets	126.1M	169.7M	93.1M	81.2M	93.4M	57.6M
Long Term Debt	9.9M	18.5M	8.7M	9.6M	11.1M	6.3M
Common Stock Total Equity	207.0M	212.9M	284.7M	350.7M	403.3M	423.5M
Inventory	7.2M	8.1M	10.0M	8.8M	8.6M	6.8M
Short Long Term Debt	5.6M	9.4M	11.0M	2.7M	21.9M	23.0M
Short Term Debt	5.6M	9.4M	11.0M	2.7M	22.7M	23.8M
Common Stock	284.7M	350.7M	423.1M	449.4M	453.2M	475.9M
Property Plant Equipment	190.4M	259.3M	177.9M	161.3M	185.5M	97.5M
Short Long Term Debt Total	15.5M	27.9M	19.6M	12.3M	23.7M	15.0M
Non Current Liabilities Other	5.6M	4.6M	1.5M	1.8M	1.6M	2.4M
Net Invested Capital	141.8M	197.6M	112.7M	93.6M	75.3M	94.0M

Pair Trading with Americas Silver

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Americas Silver position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Americas Silver will appreciate offsetting losses from the drop in the long position's value.

Moving together with Americas Stock

0.74

ELBM

Electra Battery Materials

Pair Corr

Moving against Americas Stock

0.83	EMX	EMX Royalty Corp	Pair Corr
0.8	SKE	Skeena Resources Earnings Call Tomorrow	Pair Corr
0.79	RIO	Rio Tinto ADR	Pair Corr
0.79	XPL	Solitario Exploration Earnings Call This Week	Pair Corr
0.67	VZLA	Vizsla Resources Corp Financial Report 18th of July 2024	Pair Corr

The ability to find closely correlated positions to Americas Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Americas Silver when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Americas Silver - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Americas Silver Corp to buy it.

The correlation of Americas Silver is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Americas Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Americas Silver Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Americas Silver can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Americas Stock Analysis

When running Americas Silver's price analysis, check to measure Americas Silver'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 Americas Silver is operating at the current time. Most of Americas Silver's value examination focuses on studying past and present price action to predict the probability of Americas Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Americas Silver's price. Additionally, you may evaluate how the addition of Americas Silver to your portfolios can decrease your overall portfolio volatility.

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