Blue Ptb Ratio vs Free Cash Flow Per Share Analysis

BSK Stock  CAD 0.04  0.01  10.00%   
Blue Sky financial indicator trend analysis is way more than just evaluating Blue Sky Uranium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Sky Uranium is a good investment. Please check the relationship between Blue Sky Ptb Ratio and its Free Cash Flow Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Sky Uranium. 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.

Ptb Ratio vs Free Cash Flow Per Share

Ptb Ratio vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Sky Uranium Ptb Ratio account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Blue Sky's Ptb Ratio and Free Cash Flow Per Share is 0.18. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Blue Sky Uranium, assuming nothing else is changed. The correlation between historical values of Blue Sky's Ptb Ratio and Free Cash Flow 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 Ptb Ratio of Blue Sky Uranium are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Ptb Ratio i.e., Blue Sky's Ptb Ratio and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Blue Sky's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Sky Uranium 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 Blue Sky Uranium. 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, Blue Sky's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.9 M in 2024, whereas Enterprise Value is likely to drop slightly above 8.5 M in 2024.

Blue Sky fundamental ratios Correlations

-0.090.92-0.42-0.10.480.370.710.470.060.24-0.090.480.690.45-0.31-0.060.00.020.220.720.00.080.45-0.04-0.24
-0.09-0.440.09-0.480.570.25-0.240.20.39-0.21.00.17-0.26-0.35-0.330.2-0.08-0.21-0.09-0.55-0.080.41-0.40.320.41
0.92-0.44-0.390.140.230.230.730.33-0.170.3-0.440.350.730.53-0.19-0.150.180.080.160.850.18-0.10.57-0.2-0.35
-0.420.09-0.390.55-0.11-0.920.28-0.92-0.560.320.09-0.920.290.080.14-0.330.13-0.48-0.02-0.390.13-0.650.35-0.59-0.46
-0.1-0.480.140.55-0.35-0.620.39-0.6-0.930.35-0.48-0.60.430.250.5-0.460.53-0.23-0.220.280.53-0.90.7-0.82-0.7
0.480.570.23-0.11-0.350.240.310.280.180.030.570.270.280.11-0.580.04-0.01-0.190.06-0.06-0.010.22-0.050.090.15
0.370.250.23-0.92-0.620.24-0.380.980.61-0.380.250.97-0.39-0.19-0.20.38-0.070.42-0.150.2-0.070.71-0.460.670.57
0.71-0.240.730.280.390.31-0.38-0.29-0.440.53-0.24-0.281.00.52-0.17-0.330.14-0.360.280.580.14-0.450.82-0.59-0.67
0.470.20.33-0.92-0.60.280.98-0.290.59-0.330.21.0-0.3-0.05-0.210.32-0.090.4-0.110.26-0.090.68-0.390.630.51
0.060.39-0.17-0.56-0.930.180.61-0.440.59-0.560.390.58-0.45-0.16-0.160.65-0.660.210.39-0.13-0.660.93-0.560.830.6
0.24-0.20.30.320.350.03-0.380.53-0.33-0.56-0.2-0.330.510.03-0.37-0.860.13-0.29-0.230.040.13-0.590.27-0.56-0.42
-0.091.0-0.440.09-0.480.570.25-0.240.20.39-0.20.17-0.26-0.35-0.330.2-0.08-0.21-0.09-0.55-0.080.41-0.40.320.41
0.480.170.35-0.92-0.60.270.97-0.281.00.58-0.330.17-0.29-0.03-0.230.31-0.090.47-0.10.27-0.090.66-0.40.650.52
0.69-0.260.730.290.430.28-0.391.0-0.3-0.450.51-0.26-0.290.53-0.12-0.320.15-0.370.290.60.15-0.460.85-0.61-0.7
0.45-0.350.530.080.250.11-0.190.52-0.05-0.160.03-0.35-0.030.530.160.030.05-0.080.430.510.05-0.140.57-0.32-0.37
-0.31-0.33-0.190.140.5-0.58-0.2-0.17-0.21-0.16-0.37-0.33-0.23-0.120.160.19-0.1-0.130.210.28-0.1-0.250.41-0.26-0.39
-0.060.2-0.15-0.33-0.460.040.38-0.330.320.65-0.860.20.31-0.320.030.19-0.250.250.330.06-0.250.67-0.210.580.4
0.0-0.080.180.130.53-0.01-0.070.14-0.09-0.660.13-0.08-0.090.150.05-0.1-0.25-0.04-0.560.061.0-0.370.22-0.42-0.1
0.02-0.210.08-0.48-0.23-0.190.42-0.360.40.21-0.29-0.210.47-0.37-0.08-0.130.25-0.04-0.050.03-0.040.21-0.410.610.5
0.22-0.090.16-0.02-0.220.06-0.150.28-0.110.39-0.23-0.09-0.10.290.430.210.33-0.56-0.050.32-0.560.280.320.1-0.18
0.72-0.550.85-0.390.28-0.060.20.580.26-0.130.04-0.550.270.60.510.280.060.060.030.320.06-0.080.7-0.24-0.44
0.0-0.080.180.130.53-0.01-0.070.14-0.09-0.660.13-0.08-0.090.150.05-0.1-0.251.0-0.04-0.560.06-0.370.22-0.42-0.1
0.080.41-0.1-0.65-0.90.220.71-0.450.680.93-0.590.410.66-0.46-0.14-0.250.67-0.370.210.28-0.08-0.37-0.570.80.69
0.45-0.40.570.350.7-0.05-0.460.82-0.39-0.560.27-0.4-0.40.850.570.41-0.210.22-0.410.320.70.22-0.57-0.73-0.82
-0.040.32-0.2-0.59-0.820.090.67-0.590.630.83-0.560.320.65-0.61-0.32-0.260.58-0.420.610.1-0.24-0.420.8-0.730.82
-0.240.41-0.35-0.46-0.70.150.57-0.670.510.6-0.420.410.52-0.7-0.37-0.390.4-0.10.5-0.18-0.44-0.10.69-0.820.82
Click cells to compare fundamentals

Blue Sky Account Relationship Matchups

Blue Sky fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets475.9K1.3M3.5M2.0M1.3M1.8M
Total Current Liabilities252.3K2.0M606.4K898.6K924.5K555.6K
Total Stockholder Equity223.6K(687.8K)2.9M1.1M401.2K381.2K
Net Debt(360.6K)188.4K(3.3M)(1.8M)(1.1M)(1.1M)
Retained Earnings(37.4M)(39.3M)(45.8M)(51.4M)(55.0M)(52.3M)
Accounts Payable252.3K580.7K606.4K374.5K430.6K351.6K
Cash360.6K1.2M3.3M1.8M1.1M1.0M
Non Current Assets Total61.0K70.9K79.8K99.7K202.4K192.3K
Cash And Short Term Investments360.6K1.2M3.3M1.8M1.1M1.2M
Common Stock Shares Outstanding113.0M120.1M166.7M193.9M233.0M244.6M
Liabilities And Stockholders Equity475.9K1.3M3.5M2.0M1.3M1.8M
Other Stockholder Equity4.5M4.6M4.6M4.9M6.8M8.2M
Total Liab252.3K2.0M606.4K898.6K924.5K555.6K
Total Current Assets414.9K1.3M3.4M1.9M1.1M1.3M
Property Plant And Equipment Net61.0K70.9K79.8K99.7K202.4K192.3K
Net Receivables7.1K6.9K12.1K18.5K13.6K12.5K
Accumulated Other Comprehensive Income3.2M4.1M6.4M7.3M6.5M4.6M
Other Current Assets47.2K39.8K84.5K91.3K58.9K102.0K
Other Current Liab252.3K36.2K851.0898.6K924.5K970.7K
Net Tangible Assets223.6K(687.8K)2.9M1.1M1.3M923.1K
Property Plant Equipment61.0K70.9K79.8K99.7K89.7K85.2K
Net Invested Capital223.6K716.2K2.9M1.1M401.2K381.2K
Net Working Capital162.6K(758.7K)2.8M1.0M198.9K188.9K

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 Blue Stock Analysis

When running Blue Sky's price analysis, check to measure Blue Sky's 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 Blue Sky is operating at the current time. Most of Blue Sky's value examination focuses on studying past and present price action to predict the probability of Blue Sky's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Sky's price. Additionally, you may evaluate how the addition of Blue Sky to your portfolios can decrease your overall portfolio volatility.