Golden Price To Sales Ratio vs Ptb Ratio Analysis

AUMN Stock

CAD 0.38 0.01 2.56%

Golden Minerals financial indicator trend analysis is much more than just examining Golden Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golden Minerals is a good investment. Please check the relationship between Golden Minerals Price To Sales Ratio and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden Minerals. 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.

To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golden Minerals Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Golden Minerals' Price To Sales Ratio and Ptb Ratio is -0.29. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Golden Minerals, assuming nothing else is changed. The correlation between historical values of Golden Minerals' Price To Sales Ratio 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 Price To Sales Ratio of Golden Minerals 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 Price To Sales Ratio i.e., Golden Minerals' Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Golden Minerals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Golden Minerals sales, a figure that is much harder to manipulate than other Golden Minerals multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

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 Golden Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golden Minerals 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 Golden Minerals. 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.

To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.As of the 30th of November 2024, Selling General Administrative is likely to grow to about 8.4 M, while Tax Provision is likely to drop about 10.4 K.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	13.1M	15.5M	8.2M	7.8M
Cost Of Revenue	13.9M	17.9M	12.9M	18.1M

Total Operating Expenses Cost Of Revenue

Golden Minerals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	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	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Common Stock	Short Term Investments
Total Assets		0.59	0.93	0.92	1.0	0.99	-0.92	0.66	0.84	0.92	1.0	-0.26	0.92	-0.46	0.05	-0.02	0.99	0.99	0.95	-0.18	-0.16	0.75	-0.46	0.99	-0.3	-0.09
Short Long Term Debt Total	0.59		0.65	0.61	0.6	0.61	-0.52	0.37	0.25	0.55	0.59	0.26	0.55	-0.73	-0.03	0.05	0.56	0.55	0.55	0.66	-0.38	0.45	-0.75	0.53	-0.4	-0.19
Other Current Liab	0.93	0.65		0.95	0.92	0.93	-0.83	0.45	0.78	0.83	0.93	-0.35	0.83	-0.33	0.26	0.19	0.93	0.94	0.88	-0.04	0.03	0.66	-0.34	0.91	-0.28	-0.31
Total Current Liabilities	0.92	0.61	0.95		0.92	0.92	-0.81	0.52	0.87	0.83	0.92	-0.38	0.83	-0.28	0.27	0.08	0.94	0.94	0.87	-0.1	0.1	0.66	-0.3	0.91	-0.35	-0.2
Total Stockholder Equity	1.0	0.6	0.92	0.92		0.99	-0.93	0.67	0.84	0.93	1.0	-0.26	0.93	-0.48	0.04	-0.04	0.99	0.98	0.95	-0.17	-0.18	0.75	-0.48	0.99	-0.31	-0.08
Property Plant And Equipment Net	0.99	0.61	0.93	0.92	0.99		-0.9	0.62	0.83	0.9	1.0	-0.23	0.9	-0.45	0.04	0.02	0.99	0.99	0.93	-0.17	-0.15	0.8	-0.45	0.99	-0.3	-0.13
Net Debt	-0.92	-0.52	-0.83	-0.81	-0.93	-0.9		-0.84	-0.78	-1.0	-0.9	0.42	-1.0	0.56	0.04	0.31	-0.87	-0.88	-0.99	0.16	0.3	-0.69	0.56	-0.89	0.33	-0.23
Retained Earnings	0.66	0.37	0.45	0.52	0.67	0.62	-0.84		0.59	0.84	0.63	-0.25	0.84	-0.67	-0.25	-0.75	0.59	0.59	0.79	-0.12	-0.53	0.49	-0.71	0.64	-0.48	0.68
Accounts Payable	0.84	0.25	0.78	0.87	0.84	0.83	-0.78	0.59		0.78	0.84	-0.52	0.78	-0.05	0.39	-0.12	0.87	0.88	0.83	-0.43	0.26	0.63	-0.1	0.86	-0.4	0.03
Cash	0.92	0.55	0.83	0.83	0.93	0.9	-1.0	0.84	0.78		0.9	-0.41	1.0	-0.58	-0.06	-0.32	0.88	0.88	0.99	-0.14	-0.31	0.69	-0.58	0.89	-0.34	0.23
Non Current Assets Total	1.0	0.59	0.93	0.92	1.0	1.0	-0.9	0.63	0.84	0.9		-0.24	0.9	-0.45	0.05	0.01	0.99	0.99	0.93	-0.18	-0.15	0.74	-0.44	1.0	-0.29	-0.13
Non Currrent Assets Other	-0.26	0.26	-0.35	-0.38	-0.26	-0.23	0.42	-0.25	-0.52	-0.41	-0.24		-0.4	-0.32	-0.42	0.15	-0.27	-0.3	-0.42	0.52	-0.4	-0.12	-0.31	-0.26	-0.01	-0.19
Cash And Short Term Investments	0.92	0.55	0.83	0.83	0.93	0.9	-1.0	0.84	0.78	1.0	0.9	-0.4		-0.58	-0.06	-0.32	0.88	0.88	0.99	-0.14	-0.31	0.7	-0.58	0.89	-0.34	0.23
Common Stock Shares Outstanding	-0.46	-0.73	-0.33	-0.28	-0.48	-0.45	0.56	-0.67	-0.05	-0.58	-0.45	-0.32	-0.58		0.56	0.4	-0.37	-0.35	-0.51	-0.45	0.88	-0.36	0.98	-0.41	0.26	-0.33
Other Current Assets	0.05	-0.03	0.26	0.27	0.04	0.04	0.04	-0.25	0.39	-0.06	0.05	-0.42	-0.06	0.56		0.28	0.1	0.12	0.02	-0.02	0.78	-0.18	0.47	0.05	-0.34	-0.34
Other Stockholder Equity	-0.02	0.05	0.19	0.08	-0.04	0.02	0.31	-0.75	-0.12	-0.32	0.01	0.15	-0.32	0.4	0.28		0.05	0.05	-0.24	0.05	0.46	0.01	0.46	0.0	0.45	-0.96
Total Liab	0.99	0.56	0.93	0.94	0.99	0.99	-0.87	0.59	0.87	0.88	0.99	-0.27	0.88	-0.37	0.1	0.05		0.99	0.92	-0.22	-0.07	0.74	-0.37	1.0	-0.28	-0.16
Property Plant And Equipment Gross	0.99	0.55	0.94	0.94	0.98	0.99	-0.88	0.59	0.88	0.88	0.99	-0.3	0.88	-0.35	0.12	0.05	0.99		0.93	-0.23	-0.03	0.8	-0.35	0.99	-0.28	-0.16
Total Current Assets	0.95	0.55	0.88	0.87	0.95	0.93	-0.99	0.79	0.83	0.99	0.93	-0.42	0.99	-0.51	0.02	-0.24	0.92	0.93		-0.16	-0.22	0.73	-0.52	0.92	-0.34	0.15
Short Term Debt	-0.18	0.66	-0.04	-0.1	-0.17	-0.17	0.16	-0.12	-0.43	-0.14	-0.18	0.52	-0.14	-0.45	-0.02	0.05	-0.22	-0.23	-0.16		-0.29	-0.19	-0.49	-0.25	-0.22	-0.11
Current Deferred Revenue	-0.16	-0.38	0.03	0.1	-0.18	-0.15	0.3	-0.53	0.26	-0.31	-0.15	-0.4	-0.31	0.88	0.78	0.46	-0.07	-0.03	-0.22	-0.29		-0.11	0.83	-0.12	0.1	-0.45
Net Receivables	0.75	0.45	0.66	0.66	0.75	0.8	-0.69	0.49	0.63	0.69	0.74	-0.12	0.7	-0.36	-0.18	0.01	0.74	0.8	0.73	-0.19	-0.11		-0.36	0.75	-0.09	-0.05
Common Stock Total Equity	-0.46	-0.75	-0.34	-0.3	-0.48	-0.45	0.56	-0.71	-0.1	-0.58	-0.44	-0.31	-0.58	0.98	0.47	0.46	-0.37	-0.35	-0.52	-0.49	0.83	-0.36		-0.4	0.4	-0.38
Non Current Liabilities Total	0.99	0.53	0.91	0.91	0.99	0.99	-0.89	0.64	0.86	0.89	1.0	-0.26	0.89	-0.41	0.05	0.0	1.0	0.99	0.92	-0.25	-0.12	0.75	-0.4		-0.28	-0.11
Common Stock	-0.3	-0.4	-0.28	-0.35	-0.31	-0.3	0.33	-0.48	-0.4	-0.34	-0.29	-0.01	-0.34	0.26	-0.34	0.45	-0.28	-0.28	-0.34	-0.22	0.1	-0.09	0.4	-0.28		-0.3
Short Term Investments	-0.09	-0.19	-0.31	-0.2	-0.08	-0.13	-0.23	0.68	0.03	0.23	-0.13	-0.19	0.23	-0.33	-0.34	-0.96	-0.16	-0.16	0.15	-0.11	-0.45	-0.05	-0.38	-0.11	-0.3

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Golden Minerals Account Relationship Matchups

Golden Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.4M	18.3M	23.7M	14.9M	14.9M	14.2M
Other Current Liab	3.2M	2.0M	3.7M	2.3M	3.1M	2.9M
Total Current Liabilities	4.4M	2.5M	5.6M	4.3M	5.7M	5.4M
Total Stockholder Equity	5.6M	12.0M	14.2M	6.5M	5.1M	4.9M
Property Plant And Equipment Net	6.0M	6.5M	7.3M	6.7M	5.9M	5.6M
Net Debt	(3.6M)	(9.4M)	(11.9M)	(3.6M)	(3.5M)	(3.3M)
Retained Earnings	(516.8M)	(525.9M)	(528.0M)	(538.0M)	(547.2M)	(519.8M)
Accounts Payable	410K	272K	1.3M	1.8M	2.5M	2.4M
Cash	4.6M	9.7M	12.2M	3.8M	3.6M	3.4M
Non Current Assets Total	7.2M	7.0M	7.4M	7.0M	6.2M	5.9M
Non Currrent Assets Other	7.1M	1.1M	479K	70K	63K	59.9K
Cash And Short Term Investments	4.6M	9.8M	12.3M	3.8M	3.6M	3.4M
Common Stock Shares Outstanding	4.0M	5.3M	6.5M	6.6M	8.5M	9.0M
Liabilities And Stockholders Equity	13.4M	18.3M	23.7M	14.9M	14.9M	14.2M
Other Current Assets	923K	1.2M	1.2M	2.6M	4.1M	3.9M
Other Stockholder Equity	521.3M	536.3M	540.4M	544.4M	552.2M	431.0M
Total Liab	7.8M	6.3M	9.5M	8.5M	9.8M	9.3M
Property Plant And Equipment Gross	6.0M	6.5M	36.3M	35.8M	33.2M	31.5M
Total Current Assets	6.2M	11.3M	16.3M	8.0M	8.7M	8.3M
Short Term Debt	118K	277K	327K	234K	105K	99.8K
Current Deferred Revenue	472K	535K	1.5M	1.7M	2.0M	2.1M
Net Receivables	448K	117K	1.3M	1.5M	153K	160.7K
Common Stock Total Equity	919K	955K	1.1M	1.6M	1.8M	1.9M
Non Current Liabilities Total	3.3M	3.8M	3.9M	4.1M	4.1M	3.9M
Common Stock	1.1M	1.6M	1.6M	1.7M	141K	134.0K
Short Term Investments	0.0	79K	67K	20K	11K	10.5K
Inventory	231K	284K	1.6M	1.4M	830K	788.5K
Other Assets	1.4M	(7K)	1.1M	1.2M	1.3M	955.2K
Other Liab	3M	2.8M	3.2M	3.6M	3.2M	2.7M
Net Tangible Assets	7.4M	5.6M	12.0M	14.2M	12.8M	9.6M
Property Plant Equipment	5.8M	5.6M	6.2M	5.6M	5.0M	7.6M
Capital Surpluse	517.8M	521.3M	536.3M	540.5M	621.6M	567.7M
Non Current Liabilities Other	494K	648K	353K	122K	109.8K	104.3K
Deferred Long Term Liab	569K	511K	479K	70K	63K	59.9K
Net Invested Capital	5.6M	12.0M	14.2M	6.5M	5.1M	6.8M
Net Working Capital	1.8M	8.8M	10.7M	3.6M	3.0M	5.4M
Capital Stock	1.1M	1.6M	1.6M	1.7M	141K	134.0K

Pair Trading with Golden Minerals

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 Golden Minerals 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 Golden Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Golden Stock

0.62

Ivanhoe Energy

Pair Corr

Moving against Golden Stock

0.32

IBM

International Business

Pair Corr

The ability to find closely correlated positions to Golden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Minerals 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 Golden Minerals - 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 Golden Minerals to buy it.

The correlation of Golden Minerals 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 Golden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Minerals 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 Golden Minerals 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

When determining whether Golden Minerals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Minerals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Minerals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Minerals Stock:

How To Invest In Golden

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Is Golden Stock a good investment?

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What is Golden Minerals' Net Worth?

Details

Largest Precious Metals & Minerals Companies

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Largest Other Precious Metals & Mining Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Golden Minerals. 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.

To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Please note, there is a significant difference between Golden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Golden Price To Sales Ratio vs Ptb Ratio Analysis

Price To Sales Ratio vs Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Ptb Ratio

Golden Minerals fundamental ratios Correlations

Golden Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Golden Minerals fundamental ratios Accounts

Pair Trading with Golden Minerals

Moving together with Golden Stock

Moving against Golden Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Non Current Assets Total

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.99	Net Debt
Short Term Investments	- 0.96	Other Stockholder Equity
Net Debt	- 0.93	Total Stockholder Equity
Net Debt	- 0.92	Total Assets