Amerigo Invested Capital vs Book Value Per Share Analysis

ARG Stock

CAD 1.73 0.02 1.17%

Amerigo Resources financial indicator trend analysis is way more than just evaluating Amerigo Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amerigo Resources is a good investment. Please check the relationship between Amerigo Resources Invested Capital and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amerigo 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.

Invested Capital vs Book Value Per Share

Invested Capital vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amerigo Resources Invested Capital account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Amerigo Resources' Invested Capital and Book Value Per Share is -0.05. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Amerigo Resources, assuming nothing else is changed. The correlation between historical values of Amerigo Resources' Invested Capital 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 Invested Capital of Amerigo Resources 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 Invested Capital i.e., Amerigo Resources' Invested Capital and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Amerigo Resources. There are two different methods for calculating Amerigo Resources invested capital: operating approach and financing approach. Understanding Amerigo Resources invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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 Amerigo Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amerigo 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 Amerigo 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, Amerigo Resources' Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 248.6 K, while Selling General Administrative is likely to drop about 4.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	3.5M	2.3M	2.8M	2.1M
Depreciation And Amortization	18.0M	20.4M	20.4M	10.9M

Interest Expense Depreciation And Amortization

Amerigo Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Accounts Payable	Non Current Liabilities Total	Short Term Debt	Non Currrent Assets Other
Total Assets		0.64	0.94	0.82	0.97	0.28	0.4	0.41	0.97	0.25	0.41	0.44	0.89	0.95	0.73	0.36	0.11	0.88	0.51	0.75	0.9	0.44	0.71	0.76	0.49	0.26
Other Current Liab	0.64		0.74	0.75	0.5	-0.39	0.6	0.7	0.51	0.56	0.7	0.53	0.68	0.65	0.55	-0.2	-0.05	0.39	0.63	0.79	0.6	0.04	0.67	0.17	0.1	0.59
Total Current Liabilities	0.94	0.74		0.74	0.88	0.18	0.37	0.51	0.88	0.4	0.51	0.39	0.83	0.85	0.59	0.24	0.0	0.85	0.63	0.79	0.78	0.32	0.68	0.68	0.49	0.42
Total Stockholder Equity	0.82	0.75	0.74		0.71	-0.23	0.81	0.51	0.74	0.31	0.51	0.65	0.86	0.88	0.83	-0.04	0.37	0.45	0.46	0.76	0.86	0.12	0.87	0.26	0.2	0.31
Property Plant And Equipment Net	0.97	0.5	0.88	0.71		0.48	0.2	0.19	1.0	0.12	0.19	0.32	0.87	0.92	0.7	0.45	0.01	0.92	0.41	0.56	0.89	0.54	0.63	0.84	0.58	0.13
Net Debt	0.28	-0.39	0.18	-0.23	0.48		-0.67	-0.55	0.45	-0.41	-0.55	-0.23	0.13	0.19	0.0	0.64	-0.24	0.62	-0.18	-0.28	0.19	0.58	-0.22	0.78	0.53	-0.4
Retained Earnings	0.4	0.6	0.37	0.81	0.2	-0.67		0.63	0.25	0.35	0.63	0.58	0.43	0.45	0.52	-0.38	0.54	-0.04	0.33	0.67	0.44	-0.27	0.65	-0.24	-0.17	0.34
Cash	0.41	0.7	0.51	0.51	0.19	-0.55	0.63		0.2	0.63	1.0	0.27	0.31	0.32	0.17	-0.04	0.13	0.23	0.62	0.89	0.25	-0.16	0.4	0.06	-0.12	0.67
Non Current Assets Total	0.97	0.51	0.88	0.74	1.0	0.45	0.25	0.2		0.12	0.19	0.36	0.88	0.94	0.73	0.42	0.06	0.9	0.41	0.57	0.91	0.52	0.66	0.81	0.56	0.13
Other Assets	0.25	0.56	0.4	0.31	0.12	-0.41	0.35	0.63	0.12		0.64	0.1	0.39	0.19	0.05	0.01	-0.15	0.13	0.95	0.53	0.24	-0.28	0.4	0.0	-0.15	0.99
Cash And Short Term Investments	0.41	0.7	0.51	0.51	0.19	-0.55	0.63	1.0	0.19	0.64		0.27	0.31	0.32	0.17	-0.04	0.13	0.23	0.62	0.89	0.25	-0.16	0.4	0.06	-0.12	0.67
Net Receivables	0.44	0.53	0.39	0.65	0.32	-0.23	0.58	0.27	0.36	0.1	0.27		0.48	0.52	0.53	-0.43	0.51	0.16	0.15	0.53	0.52	-0.05	0.51	0.02	0.02	0.07
Common Stock Total Equity	0.89	0.68	0.83	0.86	0.87	0.13	0.43	0.31	0.88	0.39	0.31	0.48		0.96	0.79	0.26	0.1	0.68	0.59	0.62	0.97	0.39	0.82	0.54	0.45	0.38
Common Stock Shares Outstanding	0.95	0.65	0.85	0.88	0.92	0.19	0.45	0.32	0.94	0.19	0.32	0.52	0.96		0.84	0.27	0.15	0.75	0.43	0.66	0.98	0.48	0.79	0.62	0.51	0.2
Inventory	0.73	0.55	0.59	0.83	0.7	0.0	0.52	0.17	0.73	0.05	0.17	0.53	0.79	0.84		0.03	0.19	0.45	0.23	0.48	0.83	0.31	0.89	0.32	0.23	0.07
Other Current Assets	0.36	-0.2	0.24	-0.04	0.45	0.64	-0.38	-0.04	0.42	0.01	-0.04	-0.43	0.26	0.27	0.03		-0.28	0.58	0.18	0.05	0.26	0.46	-0.02	0.69	0.32	0.03
Other Stockholder Equity	0.11	-0.05	0.0	0.37	0.01	-0.24	0.54	0.13	0.06	-0.15	0.13	0.51	0.1	0.15	0.19	-0.28		-0.12	-0.16	0.23	0.14	-0.33	0.24	-0.18	-0.27	-0.21
Total Liab	0.88	0.39	0.85	0.45	0.92	0.62	-0.04	0.23	0.9	0.13	0.23	0.16	0.68	0.75	0.45	0.58	-0.12		0.42	0.54	0.7	0.58	0.39	0.96	0.6	0.16
Property Plant And Equipment Gross	0.51	0.63	0.63	0.46	0.41	-0.18	0.33	0.62	0.41	0.95	0.62	0.15	0.59	0.43	0.23	0.18	-0.16	0.42		0.63	0.46	-0.08	0.53	0.29	0.05	0.95
Total Current Assets	0.75	0.79	0.79	0.76	0.56	-0.28	0.67	0.89	0.57	0.53	0.89	0.53	0.62	0.66	0.48	0.05	0.23	0.54	0.63		0.6	0.07	0.63	0.36	0.14	0.55
Common Stock	0.9	0.6	0.78	0.86	0.89	0.19	0.44	0.25	0.91	0.24	0.25	0.52	0.97	0.98	0.83	0.26	0.14	0.7	0.46	0.6		0.48	0.78	0.58	0.5	0.23
Short Long Term Debt Total	0.44	0.04	0.32	0.12	0.54	0.58	-0.27	-0.16	0.52	-0.28	-0.16	-0.05	0.39	0.48	0.31	0.46	-0.33	0.58	-0.08	0.07	0.48		0.08	0.64	0.86	-0.25
Accounts Payable	0.71	0.67	0.68	0.87	0.63	-0.22	0.65	0.4	0.66	0.4	0.4	0.51	0.82	0.79	0.89	-0.02	0.24	0.39	0.53	0.63	0.78	0.08		0.21	0.1	0.41
Non Current Liabilities Total	0.76	0.17	0.68	0.26	0.84	0.78	-0.24	0.06	0.81	0.0	0.06	0.02	0.54	0.62	0.32	0.69	-0.18	0.96	0.29	0.36	0.58	0.64	0.21		0.59	0.02
Short Term Debt	0.49	0.1	0.49	0.2	0.58	0.53	-0.17	-0.12	0.56	-0.15	-0.12	0.02	0.45	0.51	0.23	0.32	-0.27	0.6	0.05	0.14	0.5	0.86	0.1	0.59		-0.14
Non Currrent Assets Other	0.26	0.59	0.42	0.31	0.13	-0.4	0.34	0.67	0.13	0.99	0.67	0.07	0.38	0.2	0.07	0.03	-0.21	0.16	0.95	0.55	0.23	-0.25	0.41	0.02	-0.14

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Amerigo Resources Account Relationship Matchups

Amerigo Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	233.7M	237.6M	269.3M	231.2M	199.6M	177.5M
Other Current Liab	10.5M	14.2M	24.1M	17.8M	18.1M	12.2M
Total Current Liabilities	42.8M	49.8M	58.6M	55.0M	48.5M	34.8M
Total Stockholder Equity	102.6M	110.7M	138.8M	118.7M	104.9M	100.3M
Property Plant And Equipment Net	198.6M	184.8M	178.1M	158.6M	156.0M	130.3M
Net Debt	61.9M	51.5M	(25.9M)	(11.9M)	4.5M	4.2M
Retained Earnings	13.4M	19.4M	51.3M	31.7M	18.8M	28.0M
Cash	1.1M	8.0M	59.8M	37.8M	16.2M	15.8M
Non Current Assets Total	206.0M	194.0M	186.1M	166.2M	163.4M	140.3M
Other Assets	842K	959K	4.5M	4.2M	4.9M	5.1M
Cash And Short Term Investments	1.1M	8.0M	59.8M	37.8M	17.1M	15.9M
Net Receivables	5.7M	20.3M	11.9M	12.4M	7.8M	11.0M
Common Stock Total Equity	79.0M	79.3M	80.3M	80.5M	92.5M	78.2M
Common Stock Shares Outstanding	179.1M	181.7M	183.8M	172.0M	167.2M	146.6M
Liabilities And Stockholders Equity	233.7M	237.6M	269.3M	231.2M	199.6M	177.5M
Inventory	10.3M	7.3M	7.7M	10.4M	7.2M	7.1M
Other Current Assets	4.5M	2.0M	3.8M	3.3M	4.0M	2.4M
Other Stockholder Equity	9.0M	10.8M	10.7M	2.3M	2.1M	2.0M
Total Liab	131.0M	126.9M	130.6M	112.5M	94.7M	77.2M
Property Plant And Equipment Gross	198.6M	184.8M	387.0M	370.3M	386.1M	405.4M
Total Current Assets	27.7M	43.6M	83.2M	65.0M	36.2M	37.2M
Common Stock	80.3M	80.5M	76.8M	73.4M	73.7M	79.1M
Short Long Term Debt Total	63.0M	59.5M	33.8M	25.9M	20.7M	33.3M
Accounts Payable	19.8M	14.6M	18.0M	26.3M	19.4M	16.3M
Non Current Liabilities Total	88.2M	77.1M	72.0M	57.5M	46.2M	46.3M
Accumulated Other Comprehensive Income	9.0M	10.8M	10.7M	13.5M	12.4M	7.3M
Short Term Debt	12.4M	20.9M	8.2M	9.3M	10.3M	12.0M
Non Currrent Assets Other	841K	806K	4.3M	4.2M	4.3M	4.5M
Intangible Assets	4.0M	3.8M	3.6M	3.4M	3.1M	4.3M
Short Term Investments	115K	143K	144K	1.1M	900K	519.5K
Current Deferred Revenue	55K	97K	8.3M	641K	576.9K	548.1K
Other Liab	37.0M	36.3M	46.3M	40.8M	46.9M	40.5M
Net Tangible Assets	98.6M	106.9M	135.2M	115.4M	132.7M	115.5M
Long Term Investments	3.0M	1.4M	2.5M	4.4M	5.1M	2.6M
Property Plant Equipment	198.6M	184.8M	178.1M	158.6M	182.4M	190.5M
Long Term Debt	45.8M	36.7M	23.4M	16.6M	10.4M	9.9M
Long Term Debt Total	51.2M	40.8M	25.6M	16.6M	15.0M	14.2M
Short Long Term Debt	23.5M	10.1M	17.1M	7.0M	6.3M	11.3M

Pair Trading with Amerigo Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amerigo Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amerigo Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Amerigo Stock

0.7	AG	First Majestic Silver	Pair Corr
0.75	FDY	Faraday Copper Corp	Pair Corr

Moving against Amerigo Stock

0.38

INFM

Infinico Metals Corp

Pair Corr

The ability to find closely correlated positions to Amerigo Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amerigo Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amerigo Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amerigo Resources to buy it.

The correlation of Amerigo Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amerigo Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amerigo Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Amerigo Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Amerigo Stock

Balance Sheet is a snapshot of the financial position of Amerigo Resources at a specified time, usually calculated after every quarter, six months, or one year. Amerigo Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Amerigo Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Amerigo currently owns. An asset can also be divided into two categories, current and non-current.

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Amerigo Invested Capital vs Book Value Per Share Analysis

Invested Capital vs Book Value Per Share

Invested Capital vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Invested Capital

Book Value Per Share

Amerigo Resources fundamental ratios Correlations

Amerigo Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Amerigo Resources fundamental ratios Accounts

Pair Trading with Amerigo Resources

Moving together with Amerigo Stock

Moving against Amerigo Stock

Other Information on Investing in Amerigo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Currrent Assets Other	+ 0.99	Other Assets
Common Stock	+ 0.98	Common Stock Shares Outstanding
Property Plant And Equipment Net	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Total Assets

Retained Earnings	- 0.67	Net Debt
Cash And Short Term Investments	- 0.55	Net Debt
Cash	- 0.55	Net Debt
Other Current Assets	- 0.43	Net Receivables
Other Assets	- 0.41	Net Debt
Non Currrent Assets Other	- 0.4	Net Debt