Abacus Free Cash Flow Yield vs Ev To Sales Analysis

AME Stock

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

Free Cash Flow Yield vs Ev To Sales

Free Cash Flow Yield vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abacus Mining Free Cash Flow Yield account and Ev To Sales. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Abacus Mining's Free Cash Flow Yield and Ev To Sales is 0.98. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Abacus Mining and, assuming nothing else is changed. The correlation between historical values of Abacus Mining's Free Cash Flow Yield and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Abacus Mining and are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Free Cash Flow Yield i.e., Abacus Mining's Free Cash Flow Yield and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Most indicators from Abacus Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abacus Mining 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 Abacus Mining and. 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.

Issuance Of Capital Stock is likely to climb to about 859 K in 2024, whereas Selling General Administrative is likely to drop slightly above 361.7 K in 2024.

Abacus Mining fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Total Current Liabilities	Accounts Payable	Net Receivables	Short Term Investments	Short Long Term Debt Total	Short Term Debt	Inventory	Other Current Liab	Common Stock	Net Tangible Assets	Other Assets	Long Term Investments
Total Assets		0.97	-0.28	-0.77	0.69	0.51	1.0	0.6	0.58	-0.48	-0.43	0.63	-0.76	0.68	-0.61	-0.05	0.6	-0.44	-0.63	-0.64	-0.17	0.14	-0.57	0.86	0.58	0.89
Total Stockholder Equity	0.97		-0.11	-0.9	0.83	0.61	0.96	0.62	0.68	-0.66	-0.29	0.64	-0.89	0.77	-0.74	-0.04	0.57	-0.59	-0.77	-0.78	0.02	0.2	-0.72	0.94	0.7	0.9
Property Plant And Equipment Net	-0.28	-0.11		-0.2	0.46	0.37	-0.3	-0.19	0.36	-0.29	0.95	-0.14	-0.21	0.29	-0.07	0.1	-0.18	-0.48	-0.39	-0.39	0.99	0.28	-0.27	0.21	0.35	0.11
Net Debt	-0.77	-0.9	-0.2		-0.93	-0.69	-0.75	-0.51	-0.75	0.88	0.03	-0.6	0.99	-0.83	0.85	-0.1	-0.53	0.77	0.9	0.9	-0.34	-0.39	0.92	-0.95	-0.81	-0.8
Retained Earnings	0.69	0.83	0.46	-0.93		0.76	0.68	0.42	0.81	-0.81	0.26	0.49	-0.93	0.86	-0.75	0.04	0.42	-0.8	-0.94	-0.94	0.58	0.37	-0.84	0.95	0.81	0.86
Cash	0.51	0.61	0.37	-0.69	0.76		0.49	0.19	0.99	-0.66	0.2	-0.04	-0.7	0.95	-0.61	-0.19	0.23	-0.31	-0.71	-0.72	0.46	0.07	-0.62	0.69	0.35	0.73
Non Current Assets Total	1.0	0.96	-0.3	-0.75	0.68	0.49		0.6	0.55	-0.47	-0.45	0.63	-0.75	0.66	-0.6	-0.06	0.6	-0.43	-0.61	-0.62	-0.19	0.13	-0.55	0.85	0.57	0.87
Non Currrent Assets Other	0.6	0.62	-0.19	-0.51	0.42	0.19	0.6		0.26	-0.28	-0.29	0.7	-0.56	0.27	-0.34	-0.2	0.18	-0.5	-0.35	-0.35	-0.13	-0.19	-0.25	0.5	0.6	0.34
Cash And Short Term Investments	0.58	0.68	0.36	-0.75	0.81	0.99	0.55	0.26		-0.69	0.18	0.04	-0.76	0.96	-0.65	-0.22	0.22	-0.37	-0.76	-0.77	0.47	0.05	-0.66	0.75	0.41	0.78
Common Stock Shares Outstanding	-0.48	-0.66	-0.29	0.88	-0.81	-0.66	-0.47	-0.28	-0.69		-0.05	-0.34	0.89	-0.72	0.91	-0.05	-0.33	0.65	0.85	0.84	-0.44	-0.31	0.95	-0.73	-0.58	-0.59
Other Current Assets	-0.43	-0.29	0.95	0.03	0.26	0.2	-0.45	-0.29	0.18	-0.05		-0.24	0.02	0.1	0.14	0.07	-0.28	-0.31	-0.23	-0.23	0.9	0.2	-0.01	0.01	0.2	-0.05
Other Stockholder Equity	0.63	0.64	-0.14	-0.6	0.49	-0.04	0.63	0.7	0.04	-0.34	-0.24		-0.57	0.23	-0.35	0.39	0.65	-0.77	-0.44	-0.45	-0.07	0.46	-0.47	0.63	0.83	0.4
Total Liab	-0.76	-0.89	-0.21	0.99	-0.93	-0.7	-0.75	-0.56	-0.76	0.89	0.02	-0.57		-0.81	0.86	0.01	-0.43	0.76	0.89	0.89	-0.35	-0.28	0.89	-0.93	-0.79	-0.78
Total Current Assets	0.68	0.77	0.29	-0.83	0.86	0.95	0.66	0.27	0.96	-0.72	0.1	0.23	-0.81		-0.66	0.03	0.5	-0.49	-0.81	-0.82	0.4	0.3	-0.75	0.84	0.54	0.85
Total Current Liabilities	-0.61	-0.74	-0.07	0.85	-0.75	-0.61	-0.6	-0.34	-0.65	0.91	0.14	-0.35	0.86	-0.66		0.17	-0.29	0.51	0.8	0.78	-0.22	-0.12	0.87	-0.73	-0.49	-0.64
Accounts Payable	-0.05	-0.04	0.1	-0.1	0.04	-0.19	-0.06	-0.2	-0.22	-0.05	0.07	0.39	0.01	0.03	0.17		0.69	-0.37	-0.05	-0.05	0.09	0.92	-0.24	0.1	0.34	-0.04
Net Receivables	0.6	0.57	-0.18	-0.53	0.42	0.23	0.6	0.18	0.22	-0.33	-0.28	0.65	-0.43	0.5	-0.29	0.69		-0.47	-0.41	-0.42	-0.12	0.76	-0.53	0.59	0.54	0.54
Short Term Investments	-0.44	-0.59	-0.48	0.77	-0.8	-0.31	-0.43	-0.5	-0.37	0.65	-0.31	-0.77	0.76	-0.49	0.51	-0.37	-0.47		0.72	0.72	-0.56	-0.57	0.73	-0.75	-0.95	-0.49
Short Long Term Debt Total	-0.63	-0.77	-0.39	0.9	-0.94	-0.71	-0.61	-0.35	-0.76	0.85	-0.23	-0.44	0.89	-0.81	0.8	-0.05	-0.41	0.72		1.0	-0.52	-0.37	0.83	-0.89	-0.73	-0.8
Short Term Debt	-0.64	-0.78	-0.39	0.9	-0.94	-0.72	-0.62	-0.35	-0.77	0.84	-0.23	-0.45	0.89	-0.82	0.78	-0.05	-0.42	0.72	1.0		-0.52	-0.37	0.82	-0.89	-0.73	-0.81
Inventory	-0.17	0.02	0.99	-0.34	0.58	0.46	-0.19	-0.13	0.47	-0.44	0.9	-0.07	-0.35	0.4	-0.22	0.09	-0.12	-0.56	-0.52	-0.52		0.31	-0.41	0.33	0.43	0.21
Other Current Liab	0.14	0.2	0.28	-0.39	0.37	0.07	0.13	-0.19	0.05	-0.31	0.2	0.46	-0.28	0.3	-0.12	0.92	0.76	-0.57	-0.37	-0.37	0.31		-0.51	0.4	0.56	0.25
Common Stock	-0.57	-0.72	-0.27	0.92	-0.84	-0.62	-0.55	-0.25	-0.66	0.95	-0.01	-0.47	0.89	-0.75	0.87	-0.24	-0.53	0.73	0.83	0.82	-0.41	-0.51		-0.81	-0.68	-0.66
Net Tangible Assets	0.86	0.94	0.21	-0.95	0.95	0.69	0.85	0.5	0.75	-0.73	0.01	0.63	-0.93	0.84	-0.73	0.1	0.59	-0.75	-0.89	-0.89	0.33	0.4	-0.81		0.82	0.92
Other Assets	0.58	0.7	0.35	-0.81	0.81	0.35	0.57	0.6	0.41	-0.58	0.2	0.83	-0.79	0.54	-0.49	0.34	0.54	-0.95	-0.73	-0.73	0.43	0.56	-0.68	0.82		0.57
Long Term Investments	0.89	0.9	0.11	-0.8	0.86	0.73	0.87	0.34	0.78	-0.59	-0.05	0.4	-0.78	0.85	-0.64	-0.04	0.54	-0.49	-0.8	-0.81	0.21	0.25	-0.66	0.92	0.57

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Abacus Mining Account Relationship Matchups

Abacus Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.4M	6.5M	5.8M	5.6M	7.9M	7.5M
Total Stockholder Equity	(11.5M)	(12.9M)	(16.5M)	(18.8M)	(19.9M)	(18.9M)
Property Plant And Equipment Net	263.0K	432.1K	496.1K	642.3K	873.5K	829.9K
Net Debt	17.0M	18.6M	21.9M	24.2M	27.4M	28.8M
Retained Earnings	(104.4M)	(107.4M)	(112.9M)	(116.2M)	(117.9M)	(112.0M)
Cash	431.6K	628.5K	58.0K	76.7K	64.9K	61.6K
Non Current Assets Total	5.9M	5.9M	5.7M	5.5M	7.8M	7.4M
Non Currrent Assets Other	26K	26.0K	5.9M	(1.0)	(1.15)	(1.09)
Cash And Short Term Investments	431.6K	628.5K	58.0K	76.7K	64.9K	61.6K
Common Stock Shares Outstanding	50.7M	67.0M	82.6M	98.1M	113.9M	119.6M
Liabilities And Stockholders Equity	6.4M	6.5M	5.8M	5.6M	7.9M	7.5M
Other Current Assets	17.6K	25.7K	29.8K	33.6K	29.1K	48.1K
Other Stockholder Equity	5.5M	5.5M	5.7M	6.1M	5.5M	5.2M
Total Liab	17.8M	19.5M	22.2M	24.5M	27.8M	29.2M
Total Current Assets	454.0K	679.5K	102.5K	116.6K	99.5K	94.6K
Total Current Liabilities	17.8M	19.5M	22.2M	24.5M	27.8M	29.2M
Accounts Payable	173.6K	373.0K	207.2K	244.7K	220.2K	182.9K
Net Receivables	4.8K	25.3K	14.7K	6.2K	5.6K	5.3K
Short Long Term Debt Total	17.5M	19.3M	22.0M	24.2M	27.5M	16.1M
Accumulated Other Comprehensive Income	5.5M	5.7M	6.1M	6.3M	6.3M	3.6M
Other Current Liab	373.0K	207.2K	244.7K	221.5K	253.2K	240.5K
Common Stock	87.4M	88.8M	90.4M	91.1M	91.7M	95.1M
Net Tangible Assets	(9.5M)	(11.5M)	(12.9M)	(16.5M)	(14.8M)	(14.1M)
Long Term Investments	5.6M	5.4M	5.2M	4.9M	6.9M	12.6M
Property Plant Equipment	226.9K	263.0K	432.1K	496.1K	570.6K	599.1K
Net Invested Capital	6.0M	6.3M	5.5M	5.4M	7.7M	5.1M
Net Working Capital	(17.4M)	(18.8M)	(22.1M)	(24.4M)	(27.7M)	(26.3M)
Capital Stock	87.4M	88.8M	90.4M	91.1M	91.7M	98.3M

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