Belmont Roe vs Pb Ratio Analysis
BEA Stock | CAD 0.02 0.00 0.00% |
Belmont Resources financial indicator trend analysis is way more than just evaluating Belmont Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Belmont Resources is a good investment. Please check the relationship between Belmont Resources Roe and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Belmont 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.
Roe vs Pb Ratio
Roe vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Belmont Resources Roe account and Pb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Belmont Resources' Roe and Pb Ratio is -0.95. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Belmont Resources, assuming nothing else is changed. The correlation between historical values of Belmont Resources' Roe and Pb 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 Roe of Belmont Resources are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Roe i.e., Belmont Resources' Roe and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.95 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Roe
Pb Ratio
Most indicators from Belmont Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Belmont 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 Belmont 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, Belmont Resources' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 2.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 466.3 K in 2024.
Belmont Resources fundamental ratios Correlations
Click cells to compare fundamentals
Belmont Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Belmont Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4M | 2.2M | 2.7M | 2.7M | 3.3M | 1.9M | |
Total Current Liabilities | 491.8K | 341.9K | 447.6K | 346.4K | 621.1K | 652.1K | |
Total Stockholder Equity | 932.3K | 1.9M | 2.2M | 2.3M | 2.7M | 1.7M | |
Property Plant And Equipment Net | 1.2M | 1.5M | 1.9M | 2.3M | 10.7K | 10.2K | |
Net Debt | 76.3K | (441.6K) | (379.5K) | (145.2K) | (223.2K) | (234.4K) | |
Retained Earnings | (23.1M) | (23.7M) | (24.0M) | (24.6M) | (25.1M) | (26.4M) | |
Accounts Payable | 127.9K | 64.6K | 33.3K | 38.3K | 160.3K | 168.3K | |
Cash | 15.1K | 441.6K | 379.5K | 145.2K | 223.2K | 219.7K | |
Non Current Assets Total | 1.4M | 1.7M | 2.0M | 2.4M | 3.0M | 3.1M | |
Cash And Short Term Investments | 17.2K | 445.6K | 619.1K | 260.4K | 301.7K | 572.3K | |
Net Receivables | 2.4K | 42.8K | 12.7K | 5.5K | 6.8K | 6.5K | |
Common Stock Shares Outstanding | 14.2M | 30.9M | 47.7M | 63.9M | 72.1M | 75.7M | |
Liabilities And Stockholders Equity | 1.4M | 2.2M | 2.7M | 2.7M | 3.3M | 1.9M | |
Other Current Assets | 2.4K | 1.9K | 8.0K | 5.5K | 8.6K | 8.2K | |
Other Stockholder Equity | 1.3M | 1.4M | 1.6M | 1.6M | 1.5M | 1.4M | |
Total Liab | 491.8K | 341.9K | 447.6K | 346.4K | 621.1K | 652.1K | |
Total Current Assets | 22.0K | 490.3K | 639.9K | 271.4K | 317.2K | 301.3K | |
Other Current Liab | 272.5K | 277.4K | 414.4K | 308.1K | 460.8K | 483.8K | |
Short Term Investments | 2.2K | 4.0K | 239.6K | 115.2K | 78.5K | 74.6K | |
Accumulated Other Comprehensive Income | 1.4M | 1.6M | 1.6M | 1.5M | 1.6M | 1.6M | |
Net Tangible Assets | 1.0M | 932.3K | 1.9M | 2.2M | 2.6M | 2.7M | |
Other Assets | 203.1K | 185.9K | 193.6K | 98.0K | 112.6K | 108.3K | |
Common Stock | 22.6M | 24.0M | 24.6M | 25.4M | 26.2M | 24.2M | |
Property Plant Equipment | 949.9K | 1.2M | 1.5M | 1.9M | 2.2M | 2.3M | |
Net Invested Capital | 1.0M | 1.9M | 2.2M | 2.3M | 2.7M | 1.8M | |
Net Working Capital | (469.8K) | 148.4K | 192.3K | (75.0K) | (303.9K) | (288.7K) | |
Capital Stock | 22.6M | 24.0M | 24.6M | 25.4M | 26.2M | 26.6M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Belmont Stock Analysis
When running Belmont Resources' price analysis, check to measure Belmont Resources' 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 Belmont Resources is operating at the current time. Most of Belmont Resources' value examination focuses on studying past and present price action to predict the probability of Belmont Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Belmont Resources' price. Additionally, you may evaluate how the addition of Belmont Resources to your portfolios can decrease your overall portfolio volatility.