Belmont Roic vs Net Income Per Share 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 Roic and its Net Income Per Share 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.

Roic vs Net Income Per Share

Roic vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Belmont Resources Roic account and Net Income Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Belmont Resources' Roic and Net Income Per Share is -0.08. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Net Income Per Share 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' Roic and Net Income 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 Roic of Belmont Resources are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Roic i.e., Belmont Resources' Roic and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Net Income Per Share

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Non Currrent Assets Other	Short Term Investments	Short Long Term Debt Total	Short Term Debt	Inventory	Net Tangible Assets	Other Assets	Long Term Investments	Common Stock
Total Assets		0.16	0.99	0.83	-0.75	0.38	0.23	0.77	0.95	0.69	0.17	0.32	0.05	0.03	0.12	0.73	0.77	0.61	0.82	-0.47	-0.47	0.65	0.53	0.29	0.18	0.29
Total Current Liabilities	0.16		0.06	-0.22	0.1	-0.76	0.86	-0.09	0.31	0.17	-0.11	0.85	0.06	-0.71	0.99	0.01	0.67	0.49	-0.25	0.46	0.46	-0.47	0.68	0.26	0.88	0.88
Total Stockholder Equity	0.99	0.06		0.86	-0.79	0.47	0.15	0.8	0.95	0.71	0.19	0.25	0.04	0.12	0.01	0.75	0.72	0.6	0.86	-0.52	-0.52	0.7	0.48	0.27	0.09	0.2
Property Plant And Equipment Net	0.83	-0.22	0.86		-0.63	0.63	-0.18	0.67	0.73	0.5	0.17	-0.1	0.04	0.15	-0.25	0.6	0.49	0.17	0.88	-0.76	-0.76	0.9	0.13	0.2	-0.09	-0.05
Net Debt	-0.75	0.1	-0.79	-0.63		-0.41	0.11	-0.99	-0.67	-0.92	-0.48	-0.15	0.12	-0.31	0.16	-0.97	-0.42	-0.39	-0.61	0.34	0.34	-0.5	-0.47	-0.27	0.06	-0.06
Retained Earnings	0.38	-0.76	0.47	0.63	-0.41		-0.49	0.43	0.27	0.16	0.01	-0.69	-0.12	0.62	-0.76	0.27	-0.09	0.02	0.78	-0.82	-0.82	0.87	-0.49	-0.22	-0.75	-0.76
Accounts Payable	0.23	0.86	0.15	-0.18	0.11	-0.49		-0.09	0.41	0.08	-0.19	0.64	0.15	-0.53	0.86	-0.1	0.65	0.69	-0.04	0.27	0.27	-0.29	0.51	0.29	0.73	0.65
Cash	0.77	-0.09	0.8	0.67	-0.99	0.43	-0.09		0.68	0.91	0.46	0.11	-0.15	0.28	-0.14	0.96	0.45	0.37	0.64	-0.4	-0.4	0.54	0.43	0.25	-0.05	0.05
Non Current Assets Total	0.95	0.31	0.95	0.73	-0.67	0.27	0.41	0.68		0.69	0.09	0.45	0.07	-0.05	0.27	0.64	0.86	0.77	0.77	-0.4	-0.4	0.56	0.6	0.28	0.28	0.36
Cash And Short Term Investments	0.69	0.17	0.71	0.5	-0.92	0.16	0.08	0.91	0.69		0.34	0.4	-0.14	0.15	0.12	0.95	0.56	0.5	0.47	-0.17	-0.17	0.31	0.65	0.21	0.14	0.26
Net Receivables	0.17	-0.11	0.19	0.17	-0.48	0.01	-0.19	0.46	0.09	0.34		0.02	-0.24	0.27	-0.15	0.43	-0.05	-0.09	0.01	0.04	0.04	0.05	0.27	0.38	0.0	0.07
Common Stock Shares Outstanding	0.32	0.85	0.25	-0.1	-0.15	-0.69	0.64	0.11	0.45	0.4	0.02		0.03	-0.5	0.81	0.25	0.65	0.57	-0.18	0.51	0.51	-0.43	0.89	0.22	0.75	0.91
Other Current Assets	0.05	0.06	0.04	0.04	0.12	-0.12	0.15	-0.15	0.07	-0.14	-0.24	0.03		-0.3	0.06	-0.11	0.07	0.03	0.02	0.07	0.07	0.02	0.06	0.43	0.29	0.19
Other Stockholder Equity	0.03	-0.71	0.12	0.15	-0.31	0.62	-0.53	0.28	-0.05	0.15	0.27	-0.5	-0.3		-0.75	0.22	-0.48	-0.11	0.22	-0.23	-0.23	0.29	-0.23	-0.12	-0.7	-0.66
Total Liab	0.12	0.99	0.01	-0.25	0.16	-0.76	0.86	-0.14	0.27	0.12	-0.15	0.81	0.06	-0.75		-0.04	0.65	0.46	-0.27	0.43	0.43	-0.48	0.62	0.18	0.87	0.86
Total Current Assets	0.73	0.01	0.75	0.6	-0.97	0.27	-0.1	0.96	0.64	0.95	0.43	0.25	-0.11	0.22	-0.04		0.46	0.33	0.52	-0.25	-0.25	0.41	0.55	0.25	0.05	0.19
Other Current Liab	0.77	0.67	0.72	0.49	-0.42	-0.09	0.65	0.45	0.86	0.56	-0.05	0.65	0.07	-0.48	0.65	0.46		0.75	0.53	-0.21	-0.21	0.29	0.63	0.17	0.57	0.62
Non Currrent Assets Other	0.61	0.49	0.6	0.17	-0.39	0.02	0.69	0.37	0.77	0.5	-0.09	0.57	0.03	-0.11	0.46	0.33	0.75		0.45	-0.03	-0.03	0.12	0.56	0.06	0.27	0.35
Short Term Investments	0.82	-0.25	0.86	0.88	-0.61	0.78	-0.04	0.64	0.77	0.47	0.01	-0.18	0.02	0.22	-0.27	0.52	0.53	0.45		-0.81	-0.81	0.94	-0.01	0.0	-0.26	-0.24
Short Long Term Debt Total	-0.47	0.46	-0.52	-0.76	0.34	-0.82	0.27	-0.4	-0.4	-0.17	0.04	0.51	0.07	-0.23	0.43	-0.25	-0.21	-0.03	-0.81		1.0	-0.9	0.38	0.26	0.34	0.49
Short Term Debt	-0.47	0.46	-0.52	-0.76	0.34	-0.82	0.27	-0.4	-0.4	-0.17	0.04	0.51	0.07	-0.23	0.43	-0.25	-0.21	-0.03	-0.81	1.0		-0.9	0.38	0.26	0.34	0.49
Inventory	0.65	-0.47	0.7	0.9	-0.5	0.87	-0.29	0.54	0.56	0.31	0.05	-0.43	0.02	0.29	-0.48	0.41	0.29	0.12	0.94	-0.9	-0.9		-0.25	-0.02	-0.41	-0.43
Net Tangible Assets	0.53	0.68	0.48	0.13	-0.47	-0.49	0.51	0.43	0.6	0.65	0.27	0.89	0.06	-0.23	0.62	0.55	0.63	0.56	-0.01	0.38	0.38	-0.25		0.46	0.69	0.82
Other Assets	0.29	0.26	0.27	0.2	-0.27	-0.22	0.29	0.25	0.28	0.21	0.38	0.22	0.43	-0.12	0.18	0.25	0.17	0.06	0.0	0.26	0.26	-0.02	0.46		0.44	0.41
Long Term Investments	0.18	0.88	0.09	-0.09	0.06	-0.75	0.73	-0.05	0.28	0.14	0.0	0.75	0.29	-0.7	0.87	0.05	0.57	0.27	-0.26	0.34	0.34	-0.41	0.69	0.44		0.9
Common Stock	0.29	0.88	0.2	-0.05	-0.06	-0.76	0.65	0.05	0.36	0.26	0.07	0.91	0.19	-0.66	0.86	0.19	0.62	0.35	-0.24	0.49	0.49	-0.43	0.82	0.41	0.9

Click cells to compare fundamentals

Belmont Resources Account Relationship Matchups

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

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC