American Ptb Ratio vs Free Cash Flow Yield Analysis

AMK Stock  CAD 0.32  0.01  3.03%   
American Creek financial indicator trend analysis is way more than just evaluating American Creek Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Creek Resources is a good investment. Please check the relationship between American Creek Ptb Ratio and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Creek Resources. 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.

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Creek Resources Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between American Creek's Ptb Ratio and Free Cash Flow Yield is 0.49. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of American Creek Resources, assuming nothing else is changed. The correlation between historical values of American Creek's Ptb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of American Creek Resources are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., American Creek's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

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.

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.
Most indicators from American Creek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Creek Resources 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 American Creek Resources. 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, American Creek's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 53.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2023 2024 (projected)
Cost Of Revenue10.8K9.8K18.6K
Research Development94.9K95.8K57.4K

American Creek fundamental ratios Correlations

-0.240.380.990.930.070.40.33-0.060.92-0.450.040.03-0.270.460.370.040.210.54-0.360.170.720.140.110.38-0.33
-0.24-0.22-0.21-0.28-0.27-0.36-0.230.27-0.29-0.160.170.60.27-0.04-0.220.17-0.34-0.180.070.08-0.27-0.35-0.06-0.30.2
0.38-0.220.220.480.420.341.0-0.40.49-0.39-0.33-0.51-0.47-0.041.0-0.34-0.03-0.12-0.43-0.170.31-0.60.78-0.04-0.56
0.99-0.210.220.89-0.010.370.170.020.88-0.410.10.14-0.210.50.210.110.230.6-0.290.220.710.25-0.020.41-0.25
0.93-0.280.480.890.420.460.44-0.421.0-0.46-0.34-0.16-0.370.460.48-0.340.270.57-0.4-0.190.60.060.150.43-0.46
0.07-0.270.42-0.010.420.240.41-1.00.44-0.11-0.97-0.65-0.320.040.42-0.970.170.16-0.2-0.87-0.16-0.150.10.2-0.42
0.4-0.360.340.370.460.240.31-0.230.470.32-0.22-0.07-0.940.410.33-0.210.870.54-0.24-0.120.810.080.170.79-0.84
0.33-0.231.00.170.440.410.31-0.390.45-0.37-0.32-0.51-0.45-0.091.0-0.32-0.07-0.18-0.41-0.170.28-0.610.8-0.09-0.53
-0.060.27-0.40.02-0.42-1.0-0.23-0.39-0.430.10.980.640.31-0.05-0.40.98-0.17-0.160.180.880.170.15-0.1-0.20.41
0.92-0.290.490.881.00.440.470.45-0.43-0.45-0.35-0.18-0.380.450.49-0.350.280.57-0.39-0.210.60.060.150.44-0.46
-0.45-0.16-0.39-0.41-0.46-0.110.32-0.370.1-0.450.030.05-0.16-0.39-0.390.030.48-0.020.12-0.110.040.33-0.370.26-0.01
0.040.17-0.330.1-0.34-0.97-0.22-0.320.98-0.350.030.540.29-0.02-0.341.0-0.19-0.150.150.950.210.16-0.08-0.20.38
0.030.6-0.510.14-0.16-0.65-0.07-0.510.64-0.180.050.540.150.25-0.510.550.010.090.160.420.210.04-0.20.020.2
-0.270.27-0.47-0.21-0.37-0.32-0.94-0.450.31-0.38-0.160.290.15-0.46-0.470.29-0.77-0.430.210.16-0.690.14-0.35-0.690.92
0.46-0.04-0.040.50.460.040.41-0.09-0.050.45-0.39-0.020.25-0.46-0.04-0.020.390.620.070.060.460.11-0.010.54-0.46
0.37-0.221.00.210.480.420.331.0-0.40.49-0.39-0.34-0.51-0.47-0.04-0.34-0.04-0.12-0.43-0.170.31-0.60.78-0.05-0.56
0.040.17-0.340.11-0.34-0.97-0.21-0.320.98-0.350.031.00.550.29-0.02-0.34-0.19-0.150.160.950.210.16-0.08-0.20.38
0.21-0.34-0.030.230.270.170.87-0.07-0.170.280.48-0.190.01-0.770.39-0.04-0.190.76-0.21-0.150.640.46-0.260.96-0.62
0.54-0.18-0.120.60.570.160.54-0.18-0.160.57-0.02-0.150.09-0.430.62-0.12-0.150.76-0.3-0.070.550.62-0.480.91-0.4
-0.360.07-0.43-0.29-0.4-0.2-0.24-0.410.18-0.390.120.150.160.210.07-0.430.16-0.21-0.30.02-0.33-0.04-0.01-0.260.31
0.170.08-0.170.22-0.19-0.87-0.12-0.170.88-0.21-0.110.950.420.160.06-0.170.95-0.15-0.070.020.290.110.0-0.130.23
0.72-0.270.310.710.6-0.160.810.280.170.60.040.210.21-0.690.460.310.210.640.55-0.330.290.140.170.65-0.6
0.14-0.35-0.60.250.06-0.150.08-0.610.150.060.330.160.040.140.11-0.60.160.460.62-0.040.110.14-0.760.530.25
0.11-0.060.78-0.020.150.10.170.8-0.10.15-0.37-0.08-0.2-0.35-0.010.78-0.08-0.26-0.48-0.010.00.17-0.76-0.34-0.38
0.38-0.3-0.040.410.430.20.79-0.09-0.20.440.26-0.20.02-0.690.54-0.05-0.20.960.91-0.26-0.130.650.53-0.34-0.58
-0.330.2-0.56-0.25-0.46-0.42-0.84-0.530.41-0.46-0.010.380.20.92-0.46-0.560.38-0.62-0.40.310.23-0.60.25-0.38-0.58
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American Creek Account Relationship Matchups

American Creek fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0M12.8M2.4M8.1M7.0M8.7M
Other Current Liab18K123K25.5K33.1K18.4K17.5K
Total Current Liabilities236.6K191.1K101.4K71.6K60.3K57.3K
Total Stockholder Equity5.8M12.6M2.3M8.0M6.9M7.9M
Property Plant And Equipment Net4.2M4.0M153.7K6.7M6.0M7.3M
Net Debt(1.6M)(4.8M)(1.9M)(1.1M)(101.5K)(106.6K)
Retained Earnings(39.4M)(38.5M)(51.5M)(47.2M)(48.2M)(45.8M)
Accounts Payable113.6K165.6K81.4K38.5K41.9K39.8K
Cash1.6M4.8M1.9M1.1M101.5K96.4K
Non Current Assets Total4.3M4.1M233.7K6.8M6.8M7.6M
Cash And Short Term Investments1.6M8.5M2.1M1.2M196.5K186.7K
Net Receivables68.5K52.5K34.4K41.7K18.6K17.7K
Common Stock Shares Outstanding298.9M358.4M415.1M442.1M442.8M464.9M
Liabilities And Stockholders Equity6.0M12.8M2.4M8.1M7.0M8.7M
Other Stockholder Equity12.1M11.2M11.7M1.00.90.86
Total Liab236.6K191.1K101.4K71.6K60.3K57.3K
Total Current Assets1.7M8.7M2.2M1.3M229.0K217.5K
Accumulated Other Comprehensive Income12.1M11.2M11.7M12.7M12.7K12.1K
Other Current Assets14.0K114.6K12.7K19.7K32.4330.81
Net Tangible Assets2.3M5.8M12.6M2.3M2.1M2.0M
Common Stock33.1M39.9M42.0M42.5M48.8M36.9M
Property Plant Equipment3.0M4.2M4.0M153.7K138.3K131.4K
Short Term Investments329.03.7M211K104K95K90.3K
Net Invested Capital5.8M12.6M2.3M8.0M6.9M6.4M
Net Working Capital1.5M8.5M2.1M1.2M168.6K160.2K
Capital Stock33.1M39.9M42.0M42.5M48.8M42.3M

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