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 Direction | Negative |
Relationship Strength | Insignificant |
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
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Alphamin Res Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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.