Alphamin Dividend Yield vs Ptb Ratio Analysis

AFM Stock  CAD 1.19  0.02  1.65%   
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 Dividend Yield 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.

Dividend Yield vs Ptb Ratio

Dividend Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphamin Res Dividend Yield account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alphamin Res' Dividend Yield and Ptb Ratio is -0.03. Overlapping area represents the amount of variation of Dividend Yield 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' Dividend Yield 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 Dividend Yield 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 Dividend Yield i.e., Alphamin Res' Dividend Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Alphamin Res dividend as a percentage of Alphamin Res stock price. Alphamin Res dividend yield is a measure of Alphamin Res stock productivity, which can be interpreted as interest rate earned on an Alphamin Res investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

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

0.970.990.970.480.590.780.240.980.950.240.920.980.120.960.910.980.590.430.750.930.650.890.970.890.93
0.970.970.930.470.680.830.160.940.990.160.940.940.130.920.90.930.510.370.790.970.630.90.980.820.87
0.990.970.930.360.660.730.290.940.960.290.940.950.10.890.940.980.460.460.730.90.710.940.980.830.87
0.970.930.930.640.450.830.131.00.90.130.870.960.110.980.790.960.730.310.810.930.50.80.920.90.96
0.480.470.360.64-0.090.71-0.570.630.42-0.570.460.510.090.660.110.450.87-0.410.690.61-0.110.230.40.540.64
0.590.680.660.45-0.090.530.330.470.70.330.730.440.050.430.750.48-0.110.40.490.60.530.770.750.310.34
0.780.830.730.830.710.53-0.160.830.81-0.160.790.710.090.790.540.70.62-0.020.950.910.130.70.810.60.71
0.240.160.290.13-0.570.33-0.160.130.181.00.040.210.00.140.440.24-0.160.93-0.250.040.370.250.210.240.14
0.980.940.941.00.630.470.830.130.910.130.880.960.110.980.80.960.720.320.810.940.510.810.930.90.96
0.950.990.960.90.420.70.810.180.910.180.910.910.130.880.890.920.460.40.780.960.620.880.970.790.83
0.240.160.290.13-0.570.33-0.161.00.130.180.040.210.00.140.440.24-0.160.93-0.250.040.370.250.210.240.14
0.920.940.940.870.460.730.790.040.880.910.040.860.120.840.880.880.420.190.820.890.660.950.970.720.79
0.980.940.950.960.510.440.710.210.960.910.210.860.120.950.870.990.630.420.690.90.660.820.910.920.94
0.120.130.10.110.090.050.090.00.110.130.00.120.120.140.120.160.090.060.050.130.120.050.130.160.15
0.960.920.890.980.660.430.790.140.980.880.140.840.950.140.780.920.770.340.720.920.520.740.880.930.97
0.910.90.940.790.110.750.540.440.80.890.440.880.870.120.780.890.240.60.520.790.860.920.920.750.75
0.980.930.980.960.450.480.70.240.960.920.240.880.990.160.920.890.570.430.710.880.680.870.930.890.93
0.590.510.460.730.87-0.110.62-0.160.720.46-0.160.420.630.090.770.240.57-0.030.570.620.010.260.440.770.75
0.430.370.460.31-0.410.4-0.020.930.320.40.930.190.420.060.340.60.43-0.03-0.140.250.520.340.390.450.36
0.750.790.730.810.690.490.95-0.250.810.78-0.250.820.690.050.720.520.710.57-0.140.840.160.740.80.550.67
0.930.970.90.930.610.60.910.040.940.960.040.890.90.130.920.790.880.620.250.840.460.810.930.80.85
0.650.630.710.5-0.110.530.130.370.510.620.370.660.660.120.520.860.680.010.520.160.460.710.650.590.54
0.890.90.940.80.230.770.70.250.810.880.250.950.820.050.740.920.870.260.340.740.810.710.940.650.7
0.970.980.980.920.40.750.810.210.930.970.210.970.910.130.880.920.930.440.390.80.930.650.940.790.85
0.890.820.830.90.540.310.60.240.90.790.240.720.920.160.930.750.890.770.450.550.80.590.650.790.94
0.930.870.870.960.640.340.710.140.960.830.140.790.940.150.970.750.930.750.360.670.850.540.70.850.94
Click cells to compare fundamentals

Alphamin Res Account Relationship Matchups

Alphamin Res fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets318.6M297.7M421.1M490.1M516.8M542.6M
Total Current Liabilities56.1M56.1M79.2M90.3M109.5M115.0M
Total Stockholder Equity145.2M171.7M274.7M320.4M312.8M328.4M
Property Plant And Equipment Net257.4M242.2M241.3M272.8M365.2M383.5M
Net Debt90.6M64.0M21.2M(64.9M)79.2M83.1M
Retained Earnings(43.9M)(48.6M)(433.3K)38.8M30.0M31.5M
Accounts Payable18.6M11.1M3.0M7.4M38.4M40.4M
Cash5.9M6.7K8.2K74.7M9.6K9.1K
Non Current Assets Total265.8M255.0M254.8M290.6M387.3M406.6M
Other Assets8.3M12.8M13.5M17.8M20.5M21.5M
Cash And Short Term Investments5.9M6.7K8.2K74.7M9.6K9.1K
Common Stock Shares Outstanding1.0B1.1B1.3B1.3B1.3B1.3B
Liabilities And Stockholders Equity318.6M297.7M421.1M490.1M516.8M542.6M
Other Stockholder Equity8.4M8.9M9.5M8.4M9.7M7.5M
Total Liab144.0M99.8M110.4M122.7M151.2M158.8M
Total Current Assets52.8M42.7M166.3M199.5M129.5M136.0M
Common Stock180.8M211.5M265.6M273.2M273.5M287.2M
Short Long Term Debt Total96.5M64.0M21.2M9.8M79.2M44.3M
Other Current Liab8.0M11.9M4.6M76.1M538.5K511.6K
Accumulated Other Comprehensive Income8.4M8.9M9.5M8.4M9.2M6.9M
Inventory27.8M21.9M20.7M24.8M41.8M43.9M
Other Current Assets5.4M9.9M93.7M66.6M27.3M14.9M
Net Tangible Assets145.2M171.7M274.7M320.4M368.5M386.9M
Property Plant Equipment257.4M242.2M241.3M272.8M313.7M173.9M
Non Currrent Assets Other264.1K10.5M13.5M17.8M22.0M23.1M
Non Current Liabilities Total87.9M43.7M31.3M32.4M41.8M46.3M
Other Liab8.2M6.8M29.2M29.4M33.8M35.5M
Long Term Debt80.9M78.2M34.8M5.1M4.6M4.4M
Net Invested Capital239.8M232.4M291.8M324.8M383.8M279.6M
Net Working Capital(3.3M)(13.4M)87.2M109.2M20.0M34.4M
Capital Stock180.8M211.5M265.6M273.2M273.5M252.6M

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.