Bluestone Roic vs Ptb Ratio Analysis

BSR Stock

CAD 0.31 0.01 3.33%

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

Roic vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bluestone Resources Roic account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Bluestone Resources' Roic and Ptb Ratio is -0.98. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Bluestone Resources, assuming nothing else is changed. The correlation between historical values of Bluestone Resources' Roic 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 Roic of Bluestone Resources 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 Roic i.e., Bluestone Resources' Roic and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.98

Relationship Direction	Negative
Relationship Strength	Significant

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.

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

Issuance Of Capital Stock is likely to climb to about 79 M in 2024, whereas Selling General Administrative is likely to drop 972.86 in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	320.0K	322.6K	274.5K	280.5K
Interest Income	364.9K	132.8K	138.6K	229.7K

Reconciled Depreciation Interest Income

Bluestone Resources fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Total Current Assets	Common Stock	Total Current Liabilities	Retained Earnings	Accounts Payable	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Inventory	Property Plant And Equipment Net	Other Assets	Other Current Liab	Short Term Investments	Intangible Assets	Short Long Term Debt Total	Net Tangible Assets
Total Assets		0.94	-0.54	0.71	0.71	0.72	0.9	0.66	-0.78	0.59	0.85	0.75	0.96	0.02	0.79	0.9	0.86	0.55	0.81	0.82	0.37	0.75	0.78	0.35	0.47	0.98
Total Stockholder Equity	0.94		-0.78	0.87	0.87	0.88	0.8	0.51	-0.55	0.65	0.65	0.49	0.85	0.16	0.54	0.72	0.88	0.64	0.82	0.63	0.42	0.54	0.77	0.16	0.16	0.98
Net Debt	-0.54	-0.78		-0.96	-0.96	-0.96	-0.3	0.02	-0.03	-0.48	-0.09	0.09	-0.44	-0.37	0.08	-0.13	-0.55	-0.62	-0.48	-0.08	-0.19	0.05	-0.56	0.25	0.4	-0.68
Cash	0.71	0.87	-0.96		1.0	1.0	0.48	0.12	-0.2	0.48	0.3	0.16	0.64	0.32	0.16	0.33	0.62	0.67	0.56	0.27	0.15	0.14	0.67	-0.06	-0.15	0.82
Cash And Short Term Investments	0.71	0.87	-0.96	1.0		1.0	0.48	0.13	-0.2	0.48	0.31	0.16	0.64	0.32	0.17	0.34	0.62	0.67	0.56	0.28	0.15	0.15	0.68	-0.06	-0.15	0.82
Total Current Assets	0.72	0.88	-0.96	1.0	1.0		0.49	0.14	-0.21	0.49	0.32	0.17	0.65	0.32	0.18	0.34	0.62	0.68	0.57	0.29	0.16	0.16	0.68	-0.05	-0.14	0.83
Common Stock	0.9	0.8	-0.3	0.48	0.48	0.49		0.81	-0.91	0.43	0.93	0.79	0.88	-0.1	0.86	0.91	0.74	0.42	0.65	0.85	0.33	0.89	0.79	0.5	0.6	0.85
Total Current Liabilities	0.66	0.51	0.02	0.12	0.13	0.14	0.81		-0.81	0.32	0.8	0.62	0.62	-0.2	0.77	0.81	0.67	0.3	0.48	0.75	0.46	0.88	0.59	0.25	0.53	0.54
Retained Earnings	-0.78	-0.55	-0.03	-0.2	-0.2	-0.21	-0.91	-0.81		-0.24	-0.99	-0.93	-0.83	0.22	-0.97	-0.92	-0.55	-0.23	-0.45	-0.88	-0.18	-0.96	-0.67	-0.62	-0.84	-0.66
Accounts Payable	0.59	0.65	-0.48	0.48	0.48	0.49	0.43	0.32	-0.24		0.33	0.27	0.55	0.22	0.31	0.49	0.84	0.34	0.79	0.41	0.59	0.18	0.32	-0.02	-0.17	0.6
Common Stock Shares Outstanding	0.85	0.65	-0.09	0.3	0.31	0.32	0.93	0.8	-0.99	0.33		0.92	0.88	-0.22	0.97	0.95	0.65	0.28	0.54	0.9	0.24	0.95	0.73	0.52	0.79	0.74
Non Current Liabilities Total	0.75	0.49	0.09	0.16	0.16	0.17	0.79	0.62	-0.93	0.27	0.92		0.83	-0.24	0.98	0.91	0.49	0.16	0.52	0.86	0.11	0.84	0.49	0.68	0.89	0.64
Other Current Assets	0.96	0.85	-0.44	0.64	0.64	0.65	0.88	0.62	-0.83	0.55	0.88	0.83		0.11	0.84	0.89	0.76	0.57	0.7	0.8	0.19	0.74	0.72	0.45	0.55	0.92
Other Stockholder Equity	0.02	0.16	-0.37	0.32	0.32	0.32	-0.1	-0.2	0.22	0.22	-0.22	-0.24	0.11		-0.25	-0.17	0.04	0.58	-0.02	-0.26	-0.16	-0.27	-0.2	-0.1	-0.38	0.09
Total Liab	0.79	0.54	0.08	0.16	0.17	0.18	0.86	0.77	-0.97	0.31	0.97	0.98	0.84	-0.25		0.96	0.58	0.21	0.55	0.9	0.21	0.92	0.56	0.62	0.87	0.66
Non Current Assets Total	0.9	0.72	-0.13	0.33	0.34	0.34	0.91	0.81	-0.92	0.49	0.95	0.91	0.89	-0.17	0.96		0.78	0.33	0.73	0.92	0.4	0.91	0.63	0.5	0.72	0.8
Non Currrent Assets Other	0.86	0.88	-0.55	0.62	0.62	0.62	0.74	0.67	-0.55	0.84	0.65	0.49	0.76	0.04	0.58	0.78		0.47	0.89	0.69	0.68	0.58	0.65	0.03	0.13	0.85
Net Receivables	0.55	0.64	-0.62	0.67	0.67	0.68	0.42	0.3	-0.23	0.34	0.28	0.16	0.57	0.58	0.21	0.33	0.47		0.39	0.23	0.05	0.2	0.36	0.0	-0.07	0.59
Inventory	0.81	0.82	-0.48	0.56	0.56	0.57	0.65	0.48	-0.45	0.79	0.54	0.52	0.7	-0.02	0.55	0.73	0.89	0.39		0.65	0.62	0.45	0.41	0.16	0.18	0.82
Property Plant And Equipment Net	0.82	0.63	-0.08	0.27	0.28	0.29	0.85	0.75	-0.88	0.41	0.9	0.86	0.8	-0.26	0.9	0.92	0.69	0.23	0.65		0.53	0.86	0.62	0.5	0.71	0.72
Other Assets	0.37	0.42	-0.19	0.15	0.15	0.16	0.33	0.46	-0.18	0.59	0.24	0.11	0.19	-0.16	0.21	0.4	0.68	0.05	0.62	0.53		0.29	0.24	-0.11	-0.08	0.35
Other Current Liab	0.75	0.54	0.05	0.14	0.15	0.16	0.89	0.88	-0.96	0.18	0.95	0.84	0.74	-0.27	0.92	0.91	0.58	0.2	0.45	0.86	0.29		0.65	0.48	0.81	0.62
Short Term Investments	0.78	0.77	-0.56	0.67	0.68	0.68	0.79	0.59	-0.67	0.32	0.73	0.49	0.72	-0.2	0.56	0.63	0.65	0.36	0.41	0.62	0.24	0.65		0.16	0.31	0.77
Intangible Assets	0.35	0.16	0.25	-0.06	-0.06	-0.05	0.5	0.25	-0.62	-0.02	0.52	0.68	0.45	-0.1	0.62	0.5	0.03	0.0	0.16	0.5	-0.11	0.48	0.16		0.69	0.28
Short Long Term Debt Total	0.47	0.16	0.4	-0.15	-0.15	-0.14	0.6	0.53	-0.84	-0.17	0.79	0.89	0.55	-0.38	0.87	0.72	0.13	-0.07	0.18	0.71	-0.08	0.81	0.31	0.69		0.33
Net Tangible Assets	0.98	0.98	-0.68	0.82	0.82	0.83	0.85	0.54	-0.66	0.6	0.74	0.64	0.92	0.09	0.66	0.8	0.85	0.59	0.82	0.72	0.35	0.62	0.77	0.28	0.33

Click cells to compare fundamentals

Bluestone Resources Account Relationship Matchups

Bluestone Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.6M	87.0M	73.1M	58.0M	54.3M	57.1M
Total Stockholder Equity	27.3M	73.7M	55.3M	34.5M	26.9M	17.5M
Net Debt	(2.9M)	(49.3M)	(18.3M)	4.3M	11.4M	12.0M
Cash	3.0M	49.3M	18.3M	1.7M	606.6K	576.3K
Cash And Short Term Investments	3.1M	49.6M	18.5M	1.9M	708.6K	673.2K
Liabilities And Stockholders Equity	40.6M	87.0M	73.1M	58.0M	54.3M	57.1M
Total Current Assets	3.5M	50.5M	19.0M	2.4M	1.2M	1.1M
Common Stock	96.1M	168.7M	178.7M	179.9M	180.0M	95.7M
Total Current Liabilities	3.6M	3.0M	4.8M	11.2M	3.7M	3.9M
Retained Earnings	(85.8M)	(116.5M)	(145.7M)	(168.4M)	(176.8M)	(167.9M)
Accounts Payable	1.9M	1.1M	470.3K	462.9K	176.0K	167.2K
Common Stock Shares Outstanding	63.8M	78.0M	122.6M	148.9M	151.5M	159.1M
Non Current Liabilities Total	9.7M	10.4M	13.0M	12.3M	23.7M	24.9M
Other Current Assets	216.6K	412.1K	253.0K	231.3K	292.0K	306.6K
Other Stockholder Equity	17.1M	21.5M	(0.76)	(0.82)	(0.21)	(0.2)
Total Liab	13.3M	13.4M	17.8M	23.4M	27.4M	28.8M
Non Current Assets Total	37.1M	36.5M	54.1M	55.5M	53.2M	55.9M
Non Currrent Assets Other	1.8M	1.7M	1.8M	1.7M	450.6K	754.5K
Net Receivables	77.8K	373.5K	87.9K	207.5K	76.0K	72.2K
Inventory	89.5K	81.0K	89.2K	71.0K	78.2K	41.6K
Property Plant And Equipment Net	35.3M	34.8M	52.3M	53.8M	52.7M	55.4M
Accumulated Other Comprehensive Income	17.1M	21.5M	22.4M	23.1M	23.7M	24.8M
Other Current Liab	1.6M	1.8M	4.4M	4.7M	3.5M	3.7M
Net Tangible Assets	27.3M	73.7M	55.3M	34.5M	39.7M	31.6M
Property Plant Equipment	35.3M	34.8M	52.3M	53.8M	61.8M	64.9M
Other Liab	9.6M	10.4M	13.0M	12.3M	14.1M	11.2M
Net Invested Capital	27.3M	73.7M	55.3M	40.5M	38.9M	37.3M
Net Working Capital	(122.5K)	47.5M	14.1M	(8.7M)	(2.5M)	(2.4M)
Capital Stock	96.1M	168.7M	178.7M	179.9M	180.0M	162.2M

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 Bluestone Stock Analysis

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