Alphamin Pb Ratio vs Book Value Per Share 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 Pb Ratio and its Book Value Per Share 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.
Pb Ratio vs Book Value Per Share
Pb Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphamin Res Pb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Alphamin Res' Pb Ratio and Book Value Per Share is -0.51. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Book Value Per Share 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' Pb Ratio and Book Value 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 Alphamin Res are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Pb Ratio i.e., Alphamin Res' Pb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Pb Ratio
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.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.