Banyan Ptb Ratio vs Average Payables Analysis

BYN Stock

CAD 0.21 0.02 8.70%

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 Ptb Ratio and its Average Payables 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.

Ptb Ratio vs Average Payables

Ptb Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banyan Gold Corp Ptb Ratio account and Average Payables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Banyan Gold's Ptb Ratio and Average Payables is 0.47. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Average Payables 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 Ptb Ratio and Average Payables 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 Banyan Gold Corp are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Ptb Ratio i.e., Banyan Gold's Ptb Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

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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.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

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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