Bonterra Pb Ratio vs Dividend Yield Analysis
BNE Stock | CAD 3.42 0.14 3.93% |
Bonterra Energy financial indicator trend analysis is way more than just evaluating Bonterra Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bonterra Energy Corp is a good investment. Please check the relationship between Bonterra Energy Pb Ratio and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bonterra Energy Corp. 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.
Pb Ratio vs Dividend Yield
Pb Ratio vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bonterra Energy Corp Pb Ratio account and Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bonterra Energy's Pb Ratio and Dividend Yield is -0.12. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Bonterra Energy Corp, assuming nothing else is changed. The correlation between historical values of Bonterra Energy's Pb Ratio and Dividend 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 Pb Ratio of Bonterra Energy Corp are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Pb Ratio i.e., Bonterra Energy's Pb Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Pb Ratio
Dividend Yield
Dividend Yield is Bonterra Energy Corp dividend as a percentage of Bonterra Energy stock price. Bonterra Energy Corp dividend yield is a measure of Bonterra Energy stock productivity, which can be interpreted as interest rate earned on an Bonterra Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Bonterra Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bonterra Energy Corp 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 Bonterra Energy Corp. 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, Bonterra Energy's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 15.2 M, while Issuance Of Capital Stock is likely to drop about 5.4 M.
2023 | 2024 (projected) | EBITDA | 172.4M | 181.0M | Research Development | 18.4M | 18.1M |
Bonterra Energy fundamental ratios Correlations
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Bonterra Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bonterra Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 731.9M | 945.7M | 919.7M | 967.9M | 576.2M | |
Short Long Term Debt Total | 292.6M | 300.4M | 257.6M | 157.4M | 139.4M | 169.9M | |
Other Current Liab | 134K | 3.6M | 4.6M | 8.9M | 7.5M | 11.9M | |
Total Current Liabilities | 46.2M | 304.9M | 203.9M | 56.8M | 57.1M | 92.3M | |
Total Stockholder Equity | 503.9M | 196.6M | 392.0M | 479.8M | 528.3M | 554.7M | |
Property Plant And Equipment Net | 959.5M | 705.3M | 904.8M | 875.5M | 924.9M | 971.2M | |
Net Debt | 292.7M | 300.4M | 257.8M | 159.5M | 141.1M | 166.6M | |
Retained Earnings | (290.8M) | (598.7M) | (419.4M) | (340.4M) | (295.4M) | (280.7M) | |
Accounts Payable | 15.7M | 20.1M | 25.4M | 27.7M | 30.6M | 24.0M | |
Non Current Assets Total | 1.1B | 714.4M | 914.4M | 875.5M | 930.7M | 513.6M | |
Net Receivables | 21.8M | 12.9M | 24.2M | 33.1M | 25.4M | 34.6M | |
Common Stock Shares Outstanding | 33.4M | 33.4M | 34.8M | 37.3M | 37.3M | 23.8M | |
Liabilities And Stockholders Equity | 1.1B | 731.9M | 945.7M | 919.7M | 967.9M | 576.2M | |
Non Current Liabilities Total | 537.6M | 230.3M | 349.8M | 383.0M | 382.5M | 226.6M | |
Inventory | 672K | 598K | 988K | 1.1M | 893K | 848.4K | |
Other Current Assets | 3.9M | 3.9M | 5.9M | 8.0M | 9.3M | 9.7M | |
Other Stockholder Equity | 30.2M | 30.7M | 38.9M | 37.8M | 34.0M | 32.3M | |
Total Liab | 583.9M | 535.2M | 553.7M | 439.8M | 439.6M | 318.9M | |
Property Plant And Equipment Gross | 959.5M | 705.3M | 1.9B | 2.0B | 2.1B | 2.2B | |
Total Current Assets | 26.5M | 17.5M | 31.3M | 44.2M | 37.2M | 57.6M | |
Accumulated Other Comprehensive Income | (748K) | (750K) | (221K) | 784K | 6.5M | 6.8M | |
Short Term Debt | 19.5M | 272.2M | 162.9M | 20.2M | 19M | 18.1M | |
Cash | (131K) | (62K) | (188K) | (2.0M) | (1.6M) | (1.6M) | |
Cash And Short Term Investments | 131K | 62K | 188K | 2.0M | 1.6M | 1.6M | |
Short Term Investments | 131K | 62K | 188K | 2.0M | 1.6M | 1.6M | |
Other Liab | 264.6M | 202.2M | 255.2M | 245.8M | 282.7M | 243.7M | |
Net Tangible Assets | 411.1M | 196.6M | 392.0M | 479.8M | 431.9M | 348.8M | |
Long Term Debt | 273.1M | 28.2M | 94.6M | 137.3M | 120.4M | 161.3M | |
Long Term Investments | 476K | 258K | 155K | 233K | 703K | 0.0 | |
Short Long Term Debt | 19.5M | 272.2M | 162.9M | 20.2M | 19M | 18.1M | |
Property Plant Equipment | 959.5M | 705.3M | 904.8M | 875.5M | 787.9M | 740.9M | |
Long Term Debt Total | 273.1M | 28.2M | 94.6M | 137.3M | 123.5M | 178.6M | |
Capital Surpluse | 30.2M | 30.7M | 31.6M | 31.7M | 36.5M | 29.5M | |
Net Invested Capital | 796.5M | 497.0M | 649.6M | 637.3M | 667.7M | 557.7M |
Pair Trading with Bonterra Energy
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 Bonterra Energy 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 Bonterra Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Bonterra Stock
0.77 | ENB-PFV | Enbridge Pref 5 | PairCorr |
0.76 | ENS | E Split Corp | PairCorr |
0.73 | FFH | Fairfax Financial | PairCorr |
0.63 | ENS-PA | E Split Corp | PairCorr |
0.63 | PIC-A | Premium Income Split | PairCorr |
The ability to find closely correlated positions to Bonterra Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bonterra Energy 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 Bonterra Energy - 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 Bonterra Energy Corp to buy it.
The correlation of Bonterra Energy 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 Bonterra Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bonterra Energy Corp 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 Bonterra Energy 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.Other Information on Investing in Bonterra Stock
Balance Sheet is a snapshot of the financial position of Bonterra Energy Corp at a specified time, usually calculated after every quarter, six months, or one year. Bonterra Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bonterra Energy 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 Bonterra currently owns. An asset can also be divided into two categories, current and non-current.