Arbor Book Value Per Share vs Ptb Ratio Analysis
ABR Stock | CAD 0.35 0.01 2.78% |
Arbor Metals financial indicator trend analysis is way more than just evaluating Arbor Metals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arbor Metals Corp is a good investment. Please check the relationship between Arbor Metals Book Value Per Share and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arbor Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Book Value Per Share vs Ptb Ratio
Book Value Per Share vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arbor Metals Corp Book Value Per Share account and Ptb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Arbor Metals' Book Value Per Share and Ptb Ratio is 0.03. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Arbor Metals Corp, assuming nothing else is changed. The correlation between historical values of Arbor Metals' Book Value Per Share and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Arbor Metals Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Book Value Per Share i.e., Arbor Metals' Book Value Per Share and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from Arbor Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arbor Metals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Arbor Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to climb to about 240.7 K in 2024. Issuance Of Capital Stock is likely to climb to about 6.6 M in 2024
Arbor Metals fundamental ratios Correlations
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Arbor Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arbor Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1M | 1.2M | 166.8K | 5.1M | 5.8M | 6.1M | |
Other Current Liab | 11.7K | 50.6K | 22.7K | 72.7K | 83.6K | 87.8K | |
Total Current Liabilities | 211.7K | 617.8K | 22.7K | 72.7K | 83.6K | 111.6K | |
Total Stockholder Equity | 384.5K | 562.5K | (482.4K) | 3.8M | 4.3M | 4.6M | |
Property Plant And Equipment Net | 940.0K | 1.0M | 126.2K | 282.1K | 324.4K | 350.1K | |
Net Debt | 160.1K | 430.5K | 593.3K | (4.1M) | (3.7M) | (3.5M) | |
Retained Earnings | (2.2M) | (2.4M) | (3.7M) | (4.1M) | (3.7M) | (3.5M) | |
Cash | 39.9K | 136.6K | 33.2K | 4.8M | 5.5M | 5.7M | |
Non Current Assets Total | 940.0K | 1.0M | 126.2K | 282.1K | 324.4K | 350.1K | |
Cash And Short Term Investments | 39.9K | 136.6K | 33.2K | 4.8M | 5.5M | 5.7M | |
Net Receivables | 2.5K | 1.5K | 1.6K | 10.7K | 9.6K | 7.4K | |
Common Stock Shares Outstanding | 46.8M | 51.2M | 57.2M | 60.1M | 69.1M | 72.5M | |
Liabilities And Stockholders Equity | 1.1M | 1.2M | 166.8K | 5.1M | 5.8M | 6.1M | |
Total Liab | 725.1K | 617.8K | 649.2K | 1.3M | 1.5M | 1.5M | |
Total Current Assets | 169.5K | 140.3K | 40.5K | 4.8M | 5.5M | 5.8M | |
Accounts Payable | 21.0K | 11.7K | 50.6K | 22.7K | 26.1K | 24.1K | |
Other Current Assets | 127.2K | 2.2K | 5.7K | 6.1K | 5.5K | 5.2K | |
Net Tangible Assets | 1.0M | 384.5K | 562.5K | (482.4K) | (554.8K) | (527.1K) | |
Common Stock | 2.4M | 2.7M | 2.9M | 7.5M | 6.8M | 7.1M | |
Net Invested Capital | 584.5K | 1.1M | 144.1K | 4.5M | 5.1M | 5.4M | |
Net Working Capital | (42.2K) | (477.4K) | 17.8K | 4.7M | 5.4M | 5.7M | |
Capital Stock | 2.4M | 2.7M | 2.9M | 7.5M | 8.6M | 9.1M |
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When running Arbor Metals' price analysis, check to measure Arbor 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 Arbor Metals is operating at the current time. Most of Arbor Metals' value examination focuses on studying past and present price action to predict the probability of Arbor Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arbor Metals' price. Additionally, you may evaluate how the addition of Arbor Metals to your portfolios can decrease your overall portfolio volatility.