Banyan Book Value Per Share vs Days Of Inventory On Hand Analysis

BYN Stock

CAD 0.22 0.01 4.76%

Banyan Gold financial indicator trend analysis is way more than just evaluating Banyan Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banyan Gold Corp is a good investment. Please check the relationship between Banyan Gold Book Value Per Share and its Days Of Inventory On Hand accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banyan Gold 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.

Book Value Per Share vs Days Of Inventory On Hand

Book Value Per Share vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banyan Gold Corp Book Value Per Share account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Banyan Gold's Book Value Per Share and Days Of Inventory On Hand is -0.54. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Banyan Gold Corp, assuming nothing else is changed. The correlation between historical values of Banyan Gold's Book Value Per Share and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Banyan Gold Corp are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Book Value Per Share i.e., Banyan Gold's Book Value Per Share and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

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Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Days Of Inventory On Hand

Most indicators from Banyan Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banyan Gold 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 Banyan Gold 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, Banyan Gold's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 20.6 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (31.75).

	2020	2021	2023	2024 (projected)
Interest Income	22.1K	110.4K	127.0K	133.3K
Net Interest Income	22.1K	110.4K	127.0K	133.3K

Interest Income Net Interest Income

Banyan Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Common Stock	Net Tangible Assets	Property Plant Equipment	Inventory	Net Invested Capital	Net Working Capital	Capital Stock	Other Liab
Total Assets		0.92	0.91	1.0	-0.76	-0.92	0.84	0.84	0.98	0.49	0.87	0.98	0.85	0.91	0.26	0.73	0.99	0.9	1.0	0.99	0.99	-0.69	0.99	0.93	0.99	0.97
Other Current Liab	0.92		1.0	0.93	-0.5	-0.73	0.61	0.61	0.89	0.2	0.86	0.84	0.61	0.7	-0.13	0.86	0.95	0.77	0.92	0.88	0.89	-0.79	0.88	0.76	0.88	0.82
Total Current Liabilities	0.91	1.0		0.93	-0.49	-0.73	0.6	0.6	0.89	0.21	0.85	0.83	0.61	0.69	-0.14	0.88	0.95	0.77	0.91	0.87	0.89	-0.78	0.88	0.75	0.87	0.81
Total Stockholder Equity	1.0	0.93	0.93		-0.74	-0.91	0.82	0.82	0.98	0.46	0.87	0.97	0.83	0.9	0.22	0.75	1.0	0.89	1.0	0.99	0.99	-0.71	0.99	0.92	0.99	0.96
Net Debt	-0.76	-0.5	-0.49	-0.74		0.92	-0.99	-0.99	-0.77	-0.8	-0.52	-0.86	-0.98	-0.82	-0.66	-0.37	-0.68	-0.88	-0.77	-0.81	-0.76	0.26	-0.8	-0.92	-0.81	-0.89
Retained Earnings	-0.92	-0.73	-0.73	-0.91	0.92		-0.94	-0.94	-0.94	-0.73	-0.73	-0.95	-0.94	-0.92	-0.53	-0.61	-0.87	-0.94	-0.92	-0.95	-0.92	0.43	-0.93	-0.93	-0.93	-0.95
Cash	0.84	0.61	0.6	0.82	-0.99	-0.94		1.0	0.85	0.76	0.62	0.91	1.0	0.86	0.58	0.47	0.77	0.92	0.84	0.88	0.83	-0.41	0.87	0.97	0.88	0.94
Cash And Short Term Investments	0.84	0.61	0.6	0.82	-0.99	-0.94	1.0		0.85	0.76	0.62	0.91	1.0	0.86	0.58	0.47	0.77	0.92	0.84	0.88	0.83	-0.41	0.87	0.97	0.88	0.94
Common Stock Shares Outstanding	0.98	0.89	0.89	0.98	-0.77	-0.94	0.85	0.85		0.57	0.84	0.96	0.85	0.89	0.29	0.78	0.97	0.93	0.99	0.98	0.98	-0.67	0.97	0.91	0.97	0.95
Other Current Assets	0.49	0.2	0.21	0.46	-0.8	-0.73	0.76	0.76	0.57		0.28	0.59	0.76	0.61	0.75	0.29	0.4	0.73	0.5	0.56	0.51	-0.06	0.53	0.63	0.54	0.6
Other Stockholder Equity	0.87	0.86	0.85	0.87	-0.52	-0.73	0.62	0.62	0.84	0.28		0.82	0.63	0.76	0.06	0.66	0.88	0.7	0.86	0.84	0.86	-0.7	0.85	0.75	0.84	0.8
Total Liab	0.98	0.84	0.83	0.97	-0.86	-0.95	0.91	0.91	0.96	0.59	0.82		0.92	0.95	0.41	0.63	0.95	0.92	0.98	0.99	0.98	-0.61	0.99	0.97	1.0	0.99
Total Current Assets	0.85	0.61	0.61	0.83	-0.98	-0.94	1.0	1.0	0.85	0.76	0.63	0.92		0.87	0.59	0.47	0.78	0.93	0.85	0.89	0.84	-0.42	0.88	0.97	0.88	0.95
Net Receivables	0.91	0.7	0.69	0.9	-0.82	-0.92	0.86	0.86	0.89	0.61	0.76	0.95	0.87		0.59	0.47	0.88	0.84	0.91	0.94	0.94	-0.5	0.94	0.88	0.94	0.92
Property Plant And Equipment Net	0.26	-0.13	-0.14	0.22	-0.66	-0.53	0.58	0.58	0.29	0.75	0.06	0.41	0.59	0.59		-0.2	0.17	0.41	0.26	0.35	0.32	0.19	0.33	0.41	0.34	0.39
Accounts Payable	0.73	0.86	0.88	0.75	-0.37	-0.61	0.47	0.47	0.78	0.29	0.66	0.63	0.47	0.47	-0.2		0.76	0.75	0.75	0.7	0.7	-0.67	0.68	0.56	0.68	0.62
Non Current Assets Total	0.99	0.95	0.95	1.0	-0.68	-0.87	0.77	0.77	0.97	0.4	0.88	0.95	0.78	0.88	0.17	0.76		0.86	0.99	0.98	0.99	-0.73	0.98	0.88	0.98	0.93
Non Currrent Assets Other	0.9	0.77	0.77	0.89	-0.88	-0.94	0.92	0.92	0.93	0.73	0.7	0.92	0.93	0.84	0.41	0.75	0.86		0.91	0.92	0.89	-0.54	0.91	0.92	0.92	0.93
Common Stock	1.0	0.92	0.91	1.0	-0.77	-0.92	0.84	0.84	0.99	0.5	0.86	0.98	0.85	0.91	0.26	0.75	0.99	0.91		0.99	0.99	-0.69	0.99	0.93	0.99	0.97
Net Tangible Assets	0.99	0.88	0.87	0.99	-0.81	-0.95	0.88	0.88	0.98	0.56	0.84	0.99	0.89	0.94	0.35	0.7	0.98	0.92	0.99		1.0	-0.65	1.0	0.94	1.0	0.98
Property Plant Equipment	0.99	0.89	0.89	0.99	-0.76	-0.92	0.83	0.83	0.98	0.51	0.86	0.98	0.84	0.94	0.32	0.7	0.99	0.89	0.99	1.0		-0.67	0.99	0.91	0.99	0.96
Inventory	-0.69	-0.79	-0.78	-0.71	0.26	0.43	-0.41	-0.41	-0.67	-0.06	-0.7	-0.61	-0.42	-0.5	0.19	-0.67	-0.73	-0.54	-0.69	-0.65	-0.67		-0.66	-0.56	-0.66	-0.6
Net Invested Capital	0.99	0.88	0.88	0.99	-0.8	-0.93	0.87	0.87	0.97	0.53	0.85	0.99	0.88	0.94	0.33	0.68	0.98	0.91	0.99	1.0	0.99	-0.66		0.94	1.0	0.98
Net Working Capital	0.93	0.76	0.75	0.92	-0.92	-0.93	0.97	0.97	0.91	0.63	0.75	0.97	0.97	0.88	0.41	0.56	0.88	0.92	0.93	0.94	0.91	-0.56	0.94		0.95	0.99
Capital Stock	0.99	0.88	0.87	0.99	-0.81	-0.93	0.88	0.88	0.97	0.54	0.84	1.0	0.88	0.94	0.34	0.68	0.98	0.92	0.99	1.0	0.99	-0.66	1.0	0.95		0.98
Other Liab	0.97	0.82	0.81	0.96	-0.89	-0.95	0.94	0.94	0.95	0.6	0.8	0.99	0.95	0.92	0.39	0.62	0.93	0.93	0.97	0.98	0.96	-0.6	0.98	0.99	0.98

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Banyan Gold Account Relationship Matchups

Banyan Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.4M	32.0M	48.4M	58.5M	67.3M	70.6M
Other Current Liab	1.5M	1.1M	1.8M	8.8M	10.1M	10.6M
Total Current Liabilities	2.4M	1.1M	1.8M	9.5M	11.0M	11.5M
Total Stockholder Equity	11.1M	24.4M	37.8M	49.0M	56.3M	59.1M
Net Debt	(5.4M)	(14.4M)	(11.6M)	(8.2M)	(7.3M)	(7.0M)
Retained Earnings	(4.4M)	(7.3M)	(8.8M)	(8.4M)	(7.6M)	(7.2M)
Cash	5.4M	14.4M	11.6M	8.2M	9.4M	9.8M
Cash And Short Term Investments	5.4M	14.4M	11.6M	8.2M	9.4M	9.8M
Common Stock Shares Outstanding	132.7M	176.6M	235.5M	277.9M	319.6M	335.6M
Liabilities And Stockholders Equity	13.4M	32.0M	48.4M	58.5M	67.3M	70.6M
Other Current Assets	53.7K	61.5K	63.8K	25.9K	29.8K	25.2K
Other Stockholder Equity	931.5K	1.5M	2.1M	2.7M	3.2M	3.3M
Total Liab	2.4M	7.6M	10.6M	9.5M	11.0M	11.5M
Total Current Assets	5.5M	14.7M	12.5M	8.6M	9.9M	10.4M
Net Receivables	87.3K	311.7K	807.4K	456.1K	524.5K	550.8K
Property Plant And Equipment Net	8.0M	17.3M	35.9M	684.3K	786.9K	747.6K
Accounts Payable	823.7K	967.59	1.7K	768.6K	883.9K	928.1K
Non Current Assets Total	8.0M	17.3M	35.9M	49.9M	57.3M	60.2M
Common Stock	14.5M	30.2M	44.5M	54.6M	62.8M	65.9M
Net Tangible Assets	5.4M	11.1M	24.4M	37.8M	43.5M	45.7M
Property Plant Equipment	5.2M	8.0M	17.3M	35.9M	41.3M	43.3M
Net Invested Capital	5.4M	11.1M	24.4M	37.8M	43.5M	45.7M
Net Working Capital	170.9K	3.1M	13.7M	10.7M	12.3M	12.9M
Capital Stock	6.7M	14.5M	30.2M	44.5M	51.2M	53.7M

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