Asiabasemetals Pb Ratio vs Free Cash Flow Per Share Analysis

ABZ Stock  CAD 0.08  0.01  14.29%   
Asiabasemetals financial indicator trend analysis is way more than just evaluating Asiabasemetals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asiabasemetals is a good investment. Please check the relationship between Asiabasemetals Pb Ratio and its Free Cash Flow Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asiabasemetals. 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.

Pb Ratio vs Free Cash Flow Per Share

Pb Ratio vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asiabasemetals Pb Ratio account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Asiabasemetals' Pb Ratio and Free Cash Flow Per Share is 0.07. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Asiabasemetals, assuming nothing else is changed. The correlation between historical values of Asiabasemetals' Pb Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Asiabasemetals are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Pb Ratio i.e., Asiabasemetals' Pb Ratio and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Pb Ratio

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Asiabasemetals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asiabasemetals 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 Asiabasemetals. 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 drop to about 78.6 K in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year

Asiabasemetals fundamental ratios Correlations

0.910.72-0.990.690.990.680.99-0.460.99-0.6-0.6-0.19-0.04-0.60.73-0.680.55-0.210.530.650.260.45-0.440.450.45
0.910.7-0.90.850.910.630.91-0.640.91-0.75-0.86-0.35-0.09-0.860.68-0.90.71-0.30.580.810.510.56-0.550.560.56
0.720.7-0.630.730.640.990.64-0.580.62-0.68-0.45-0.31-0.23-0.450.99-0.530.55-0.390.380.290.490.54-0.540.540.54
-0.99-0.9-0.63-0.65-1.0-0.59-1.00.42-1.00.550.580.2-0.030.58-0.640.66-0.520.15-0.48-0.69-0.2-0.40.4-0.4-0.4
0.690.850.73-0.650.660.640.66-0.910.65-0.95-0.81-0.52-0.16-0.810.7-0.810.88-0.560.550.60.830.8-0.80.80.8
0.990.910.64-1.00.660.61.0-0.441.0-0.57-0.59-0.210.04-0.590.64-0.670.54-0.180.480.70.230.42-0.410.420.42
0.680.630.99-0.590.640.60.6-0.490.57-0.6-0.36-0.22-0.25-0.360.99-0.440.45-0.340.340.20.40.48-0.480.480.48
0.990.910.64-1.00.661.00.6-0.441.0-0.57-0.59-0.210.04-0.590.64-0.670.54-0.180.480.70.230.42-0.410.420.42
-0.46-0.64-0.580.42-0.91-0.44-0.49-0.44-0.430.980.660.470.170.66-0.550.63-0.820.6-0.41-0.43-0.87-0.850.82-0.85-0.85
0.990.910.62-1.00.651.00.571.0-0.43-0.56-0.6-0.170.01-0.60.62-0.680.53-0.170.530.690.210.41-0.40.410.41
-0.6-0.75-0.680.55-0.95-0.57-0.6-0.570.98-0.560.710.480.180.71-0.660.71-0.830.56-0.51-0.51-0.85-0.820.79-0.82-0.82
-0.6-0.86-0.450.58-0.81-0.59-0.36-0.590.66-0.60.710.40.111.0-0.410.98-0.740.33-0.53-0.77-0.66-0.530.52-0.53-0.53
-0.19-0.35-0.310.2-0.52-0.21-0.22-0.210.47-0.170.480.4-0.030.4-0.30.35-0.520.12-0.06-0.56-0.54-0.310.32-0.31-0.31
-0.04-0.09-0.23-0.03-0.160.04-0.250.040.170.010.180.11-0.030.11-0.280.05-0.16-0.05-0.580.08-0.02-0.350.35-0.35-0.35
-0.6-0.86-0.450.58-0.81-0.59-0.36-0.590.66-0.60.711.00.40.11-0.410.98-0.740.33-0.53-0.77-0.66-0.530.52-0.53-0.53
0.730.680.99-0.640.70.640.990.64-0.550.62-0.66-0.41-0.3-0.28-0.41-0.480.51-0.350.380.30.430.56-0.560.560.56
-0.68-0.9-0.530.66-0.81-0.67-0.44-0.670.63-0.680.710.980.350.050.98-0.48-0.740.35-0.52-0.77-0.66-0.480.47-0.48-0.48
0.550.710.55-0.520.880.540.450.54-0.820.53-0.83-0.74-0.52-0.16-0.740.51-0.74-0.730.460.590.80.8-0.80.80.8
-0.21-0.3-0.390.15-0.56-0.18-0.34-0.180.6-0.170.560.330.12-0.050.33-0.350.35-0.73-0.2-0.12-0.62-0.730.73-0.73-0.73
0.530.580.38-0.480.550.480.340.48-0.410.53-0.51-0.53-0.06-0.58-0.530.38-0.520.46-0.20.370.30.43-0.420.430.43
0.650.810.29-0.690.60.70.20.7-0.430.69-0.51-0.77-0.560.08-0.770.3-0.770.59-0.120.370.380.33-0.330.330.33
0.260.510.49-0.20.830.230.40.23-0.870.21-0.85-0.66-0.54-0.02-0.660.43-0.660.8-0.620.30.380.63-0.610.630.63
0.450.560.54-0.40.80.420.480.42-0.850.41-0.82-0.53-0.31-0.35-0.530.56-0.480.8-0.730.430.330.63-0.991.01.0
-0.44-0.55-0.540.4-0.8-0.41-0.48-0.410.82-0.40.790.520.320.350.52-0.560.47-0.80.73-0.42-0.33-0.61-0.99-0.99-0.99
0.450.560.54-0.40.80.420.480.42-0.850.41-0.82-0.53-0.31-0.35-0.530.56-0.480.8-0.730.430.330.631.0-0.991.0
0.450.560.54-0.40.80.420.480.42-0.850.41-0.82-0.53-0.31-0.35-0.530.56-0.480.8-0.730.430.330.631.0-0.991.0
Click cells to compare fundamentals

Asiabasemetals Account Relationship Matchups

Asiabasemetals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets169.2K106.3K82.5K20.8K18.7K17.8K
Total Stockholder Equity(310.3K)(251.4K)(91.8K)(394.7K)(355.2K)(337.5K)
Net Debt(116.7K)(65.5K)(40.2K)(1.5K)(1.7K)(1.8K)
Retained Earnings(5.5M)(5.8M)(6.1M)(6.8M)(6.1M)(5.8M)
Cash116.7K65.5K40.2K1.5K1.3K1.3K
Non Current Assets Total23.2K33.2K21.7K13.5K12.1K11.5K
Cash And Short Term Investments116.7K65.5K40.2K1.5K1.3K1.3K
Common Stock Shares Outstanding42.1M44.5M46.8M49.2M56.6M29.7M
Liabilities And Stockholders Equity169.2K106.3K82.5K20.8K18.7K17.8K
Total Current Assets147.5K84.6K60.8K7.3K6.6K6.3K
Common Stock3.9M4.2M4.6M4.7M5.4M3.1M
Total Current Liabilities479.4K357.7K174.3K415.5K477.8K501.7K
Net Receivables17.0K14.3K20.7K5.8K6.7K10.3K
Other Stockholder Equity761.6K980.3K1.3M1.4M1.6M1.5M
Total Liab479.4K357.7K174.3K415.5K477.8K501.7K
Other Current Liab479.3K357.4K174.2K415.4K477.7K501.6K
Accounts Payable168.36261.7591.05135.34121.81115.72
Accumulated Other Comprehensive Income980.3K1.3M1.4M1.7M2.0M2.1M
Other Current Assets13.8K4.8K20.655.835.254.98
Net Tangible Assets(3.5K)(310.3K)(251.4K)(91.8K)(82.6K)(78.5K)
Net Invested Capital(310.3K)(251.4K)(91.8K)(394.7K)(355.2K)(337.5K)
Net Working Capital(331.9K)(273.1K)(113.5K)(408.2K)(367.4K)(349.0K)
Capital Stock3.9M4.2M4.6M4.7M5.4M4.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Asiabasemetals Stock Analysis

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