Alphamin Capex To Depreciation vs Ptb Ratio Analysis

AFM Stock

CAD 1.18 0.01 0.84%

Alphamin Res financial indicator trend analysis is way more than just evaluating Alphamin Res prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alphamin Res is a good investment. Please check the relationship between Alphamin Res Capex To Depreciation and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alphamin Res. 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.

Capex To Depreciation vs Ptb Ratio

Capex To Depreciation vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphamin Res Capex To Depreciation account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Alphamin Res' Capex To Depreciation and Ptb Ratio is -0.12. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Alphamin Res, assuming nothing else is changed. The correlation between historical values of Alphamin Res' Capex To Depreciation 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 Capex To Depreciation of Alphamin Res 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 Capex To Depreciation i.e., Alphamin Res' Capex To Depreciation and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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 Alphamin Res' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alphamin Res 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 Alphamin Res. 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.

At this time, Alphamin Res' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 7.60 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 8.6 M in 2024.

Alphamin Res 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	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Inventory	Other Current Assets	Current Deferred Revenue	Net Tangible Assets	Property Plant Equipment	Short Term Investments
Total Assets		0.97	0.99	0.97	0.48	0.59	0.78	0.24	0.98	0.95	0.24	0.92	0.98	0.12	0.96	0.91	0.98	0.59	0.43	0.75	0.93	0.65	0.89	0.97	0.89	0.93
Total Current Liabilities	0.97		0.97	0.93	0.47	0.68	0.83	0.16	0.94	0.99	0.16	0.94	0.94	0.13	0.92	0.9	0.93	0.51	0.37	0.79	0.97	0.63	0.9	0.98	0.82	0.87
Total Stockholder Equity	0.99	0.97		0.93	0.36	0.66	0.73	0.29	0.94	0.96	0.29	0.94	0.95	0.1	0.89	0.94	0.98	0.46	0.46	0.73	0.9	0.71	0.94	0.98	0.83	0.87
Property Plant And Equipment Net	0.97	0.93	0.93		0.64	0.45	0.83	0.13	1.0	0.9	0.13	0.87	0.96	0.11	0.98	0.79	0.96	0.73	0.31	0.81	0.93	0.5	0.8	0.92	0.9	0.96
Net Debt	0.48	0.47	0.36	0.64		-0.09	0.71	-0.57	0.63	0.42	-0.57	0.46	0.51	0.09	0.66	0.11	0.45	0.87	-0.41	0.69	0.61	-0.11	0.23	0.4	0.54	0.64
Retained Earnings	0.59	0.68	0.66	0.45	-0.09		0.53	0.33	0.47	0.7	0.33	0.73	0.44	0.05	0.43	0.75	0.48	-0.11	0.4	0.49	0.6	0.53	0.77	0.75	0.31	0.34
Accounts Payable	0.78	0.83	0.73	0.83	0.71	0.53		-0.16	0.83	0.81	-0.16	0.79	0.71	0.09	0.79	0.54	0.7	0.62	-0.02	0.95	0.91	0.13	0.7	0.81	0.6	0.71
Cash	0.24	0.16	0.29	0.13	-0.57	0.33	-0.16		0.13	0.18	1.0	0.04	0.21	0.0	0.14	0.44	0.24	-0.16	0.93	-0.25	0.04	0.37	0.25	0.21	0.24	0.14
Non Current Assets Total	0.98	0.94	0.94	1.0	0.63	0.47	0.83	0.13		0.91	0.13	0.88	0.96	0.11	0.98	0.8	0.96	0.72	0.32	0.81	0.94	0.51	0.81	0.93	0.9	0.96
Other Assets	0.95	0.99	0.96	0.9	0.42	0.7	0.81	0.18	0.91		0.18	0.91	0.91	0.13	0.88	0.89	0.92	0.46	0.4	0.78	0.96	0.62	0.88	0.97	0.79	0.83
Cash And Short Term Investments	0.24	0.16	0.29	0.13	-0.57	0.33	-0.16	1.0	0.13	0.18		0.04	0.21	0.0	0.14	0.44	0.24	-0.16	0.93	-0.25	0.04	0.37	0.25	0.21	0.24	0.14
Net Receivables	0.92	0.94	0.94	0.87	0.46	0.73	0.79	0.04	0.88	0.91	0.04		0.86	0.12	0.84	0.88	0.88	0.42	0.19	0.82	0.89	0.66	0.95	0.97	0.72	0.79
Common Stock Shares Outstanding	0.98	0.94	0.95	0.96	0.51	0.44	0.71	0.21	0.96	0.91	0.21	0.86		0.12	0.95	0.87	0.99	0.63	0.42	0.69	0.9	0.66	0.82	0.91	0.92	0.94
Other Stockholder Equity	0.12	0.13	0.1	0.11	0.09	0.05	0.09	0.0	0.11	0.13	0.0	0.12	0.12		0.14	0.12	0.16	0.09	0.06	0.05	0.13	0.12	0.05	0.13	0.16	0.15
Total Liab	0.96	0.92	0.89	0.98	0.66	0.43	0.79	0.14	0.98	0.88	0.14	0.84	0.95	0.14		0.78	0.92	0.77	0.34	0.72	0.92	0.52	0.74	0.88	0.93	0.97
Total Current Assets	0.91	0.9	0.94	0.79	0.11	0.75	0.54	0.44	0.8	0.89	0.44	0.88	0.87	0.12	0.78		0.89	0.24	0.6	0.52	0.79	0.86	0.92	0.92	0.75	0.75
Common Stock	0.98	0.93	0.98	0.96	0.45	0.48	0.7	0.24	0.96	0.92	0.24	0.88	0.99	0.16	0.92	0.89		0.57	0.43	0.71	0.88	0.68	0.87	0.93	0.89	0.93
Short Long Term Debt Total	0.59	0.51	0.46	0.73	0.87	-0.11	0.62	-0.16	0.72	0.46	-0.16	0.42	0.63	0.09	0.77	0.24	0.57		-0.03	0.57	0.62	0.01	0.26	0.44	0.77	0.75
Other Current Liab	0.43	0.37	0.46	0.31	-0.41	0.4	-0.02	0.93	0.32	0.4	0.93	0.19	0.42	0.06	0.34	0.6	0.43	-0.03		-0.14	0.25	0.52	0.34	0.39	0.45	0.36
Short Term Debt	0.75	0.79	0.73	0.81	0.69	0.49	0.95	-0.25	0.81	0.78	-0.25	0.82	0.69	0.05	0.72	0.52	0.71	0.57	-0.14		0.84	0.16	0.74	0.8	0.55	0.67
Inventory	0.93	0.97	0.9	0.93	0.61	0.6	0.91	0.04	0.94	0.96	0.04	0.89	0.9	0.13	0.92	0.79	0.88	0.62	0.25	0.84		0.46	0.81	0.93	0.8	0.85
Other Current Assets	0.65	0.63	0.71	0.5	-0.11	0.53	0.13	0.37	0.51	0.62	0.37	0.66	0.66	0.12	0.52	0.86	0.68	0.01	0.52	0.16	0.46		0.71	0.65	0.59	0.54
Current Deferred Revenue	0.89	0.9	0.94	0.8	0.23	0.77	0.7	0.25	0.81	0.88	0.25	0.95	0.82	0.05	0.74	0.92	0.87	0.26	0.34	0.74	0.81	0.71		0.94	0.65	0.7
Net Tangible Assets	0.97	0.98	0.98	0.92	0.4	0.75	0.81	0.21	0.93	0.97	0.21	0.97	0.91	0.13	0.88	0.92	0.93	0.44	0.39	0.8	0.93	0.65	0.94		0.79	0.85
Property Plant Equipment	0.89	0.82	0.83	0.9	0.54	0.31	0.6	0.24	0.9	0.79	0.24	0.72	0.92	0.16	0.93	0.75	0.89	0.77	0.45	0.55	0.8	0.59	0.65	0.79		0.94
Short Term Investments	0.93	0.87	0.87	0.96	0.64	0.34	0.71	0.14	0.96	0.83	0.14	0.79	0.94	0.15	0.97	0.75	0.93	0.75	0.36	0.67	0.85	0.54	0.7	0.85	0.94

Click cells to compare fundamentals

Alphamin Res Account Relationship Matchups

Alphamin Res fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	318.6M	297.7M	421.1M	490.1M	516.8M	542.6M
Total Current Liabilities	56.1M	56.1M	79.2M	90.3M	109.5M	115.0M
Total Stockholder Equity	145.2M	171.7M	274.7M	320.4M	312.8M	328.4M
Property Plant And Equipment Net	257.4M	242.2M	241.3M	272.8M	365.2M	383.5M
Net Debt	90.6M	64.0M	21.2M	(64.9M)	79.2M	83.1M
Retained Earnings	(43.9M)	(48.6M)	(433.3K)	38.8M	30.0M	31.5M
Accounts Payable	18.6M	11.1M	3.0M	7.4M	38.4M	40.4M
Cash	5.9M	6.7K	8.2K	74.7M	9.6K	9.1K
Non Current Assets Total	265.8M	255.0M	254.8M	290.6M	387.3M	406.6M
Other Assets	8.3M	12.8M	13.5M	17.8M	20.5M	21.5M
Cash And Short Term Investments	5.9M	6.7K	8.2K	74.7M	9.6K	9.1K
Common Stock Shares Outstanding	1.0B	1.1B	1.3B	1.3B	1.3B	1.3B
Liabilities And Stockholders Equity	318.6M	297.7M	421.1M	490.1M	516.8M	542.6M
Other Stockholder Equity	8.4M	8.9M	9.5M	8.4M	9.7M	7.5M
Total Liab	144.0M	99.8M	110.4M	122.7M	151.2M	158.8M
Total Current Assets	52.8M	42.7M	166.3M	199.5M	129.5M	136.0M
Common Stock	180.8M	211.5M	265.6M	273.2M	273.5M	287.2M
Short Long Term Debt Total	96.5M	64.0M	21.2M	9.8M	79.2M	44.3M
Other Current Liab	8.0M	11.9M	4.6M	76.1M	538.5K	511.6K
Accumulated Other Comprehensive Income	8.4M	8.9M	9.5M	8.4M	9.2M	6.9M
Inventory	27.8M	21.9M	20.7M	24.8M	41.8M	43.9M
Other Current Assets	5.4M	9.9M	93.7M	66.6M	27.3M	14.9M
Net Tangible Assets	145.2M	171.7M	274.7M	320.4M	368.5M	386.9M
Property Plant Equipment	257.4M	242.2M	241.3M	272.8M	313.7M	173.9M
Non Currrent Assets Other	264.1K	10.5M	13.5M	17.8M	22.0M	23.1M
Non Current Liabilities Total	87.9M	43.7M	31.3M	32.4M	41.8M	46.3M
Other Liab	8.2M	6.8M	29.2M	29.4M	33.8M	35.5M
Long Term Debt	80.9M	78.2M	34.8M	5.1M	4.6M	4.4M
Net Invested Capital	239.8M	232.4M	291.8M	324.8M	383.8M	279.6M
Net Working Capital	(3.3M)	(13.4M)	87.2M	109.2M	20.0M	34.4M
Capital Stock	180.8M	211.5M	265.6M	273.2M	273.5M	252.6M

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 Alphamin Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC