Cordoba Ptb Ratio vs Inventory Turnover Analysis

CDB Stock  CAD 0.38  0.01  2.56%   
Cordoba Minerals financial indicator trend analysis is way more than just evaluating Cordoba Minerals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cordoba Minerals Corp is a good investment. Please check the relationship between Cordoba Minerals Ptb Ratio and its Inventory Turnover accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cordoba Minerals 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 Inventory Turnover

Ptb Ratio vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cordoba Minerals Corp Ptb Ratio account and Inventory Turnover. At this time, the significance of the direction appears to have no relationship.
The correlation between Cordoba Minerals' Ptb Ratio and Inventory Turnover is 0.0. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Cordoba Minerals Corp, assuming nothing else is changed. The correlation between historical values of Cordoba Minerals' Ptb Ratio and Inventory Turnover 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 Cordoba Minerals Corp are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Ptb Ratio i.e., Cordoba Minerals' Ptb Ratio and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
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.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most indicators from Cordoba Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cordoba Minerals 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 Cordoba Minerals 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.
Enterprise Value is likely to climb to about 28.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024.

Cordoba Minerals fundamental ratios Correlations

0.030.830.8-0.050.120.30.870.120.30.050.110.010.34-0.130.05-0.2-0.130.00.25-0.16-0.220.10.12-0.190.39
0.03-0.49-0.27-0.44-0.520.37-0.090.490.090.51-0.160.980.180.510.74-0.070.431.00.57-0.54-0.31-0.28-0.58-0.10.13
0.83-0.490.90.240.470.00.88-0.230.05-0.350.19-0.510.03-0.45-0.32-0.01-0.39-0.51-0.220.21-0.020.30.46-0.130.11
0.8-0.270.90.10.580.080.97-0.13-0.21-0.440.2-0.26-0.19-0.54-0.340.2-0.43-0.27-0.250.21-0.020.380.55-0.2-0.1
-0.05-0.440.240.10.46-0.890.12-0.98-0.02-0.590.04-0.58-0.24-0.530.080.02-0.6-0.43-0.570.290.210.250.38-0.25-0.01
0.12-0.520.470.580.46-0.370.45-0.55-0.56-0.92-0.04-0.51-0.63-0.94-0.530.52-0.87-0.48-0.760.810.630.830.95-0.38-0.43
0.30.370.00.08-0.89-0.370.080.890.120.53-0.140.480.360.43-0.05-0.090.470.350.59-0.17-0.04-0.15-0.290.130.13
0.87-0.090.880.970.120.450.08-0.13-0.11-0.330.17-0.12-0.09-0.43-0.090.1-0.35-0.09-0.140.07-0.140.30.39-0.230.01
0.120.49-0.23-0.13-0.98-0.550.89-0.130.160.69-0.060.610.370.610.02-0.110.650.470.68-0.38-0.26-0.33-0.470.240.15
0.30.090.05-0.21-0.02-0.560.12-0.110.160.67-0.020.070.970.320.27-0.950.220.050.75-0.48-0.22-0.39-0.45-0.020.97
0.050.51-0.35-0.44-0.59-0.920.53-0.330.690.67-0.120.540.770.820.4-0.640.780.470.89-0.73-0.49-0.69-0.870.240.61
0.11-0.160.190.20.04-0.04-0.140.17-0.06-0.02-0.12-0.15-0.050.04-0.140.00.21-0.16-0.08-0.29-0.48-0.310.110.56-0.11
0.010.98-0.51-0.26-0.58-0.510.48-0.120.610.070.54-0.150.180.510.6-0.050.450.980.62-0.53-0.29-0.28-0.54-0.070.11
0.340.180.03-0.19-0.24-0.630.36-0.090.370.970.77-0.050.180.420.25-0.920.340.140.85-0.5-0.23-0.41-0.510.030.94
-0.130.51-0.45-0.54-0.53-0.940.43-0.430.610.320.820.040.510.420.5-0.240.930.470.6-0.75-0.62-0.8-0.910.440.19
0.050.74-0.32-0.340.08-0.53-0.05-0.090.020.270.4-0.140.60.250.5-0.210.340.720.33-0.49-0.35-0.29-0.63-0.090.28
-0.2-0.07-0.010.20.020.52-0.090.1-0.11-0.95-0.640.0-0.05-0.92-0.24-0.21-0.19-0.05-0.710.450.210.370.430.0-0.93
-0.130.43-0.39-0.43-0.6-0.870.47-0.350.650.220.780.210.450.340.930.34-0.190.40.54-0.74-0.67-0.84-0.860.650.09
0.01.0-0.51-0.27-0.43-0.480.35-0.090.470.050.47-0.160.980.140.470.72-0.050.40.54-0.51-0.29-0.25-0.54-0.110.1
0.250.57-0.22-0.25-0.57-0.760.59-0.140.680.750.89-0.080.620.850.60.33-0.710.540.54-0.69-0.35-0.53-0.660.070.74
-0.16-0.540.210.210.290.81-0.170.07-0.38-0.48-0.73-0.29-0.53-0.5-0.75-0.490.45-0.74-0.51-0.690.840.850.79-0.37-0.39
-0.22-0.31-0.02-0.020.210.63-0.04-0.14-0.26-0.22-0.49-0.48-0.29-0.23-0.62-0.350.21-0.67-0.29-0.350.840.740.62-0.44-0.12
0.1-0.280.30.380.250.83-0.150.3-0.33-0.39-0.69-0.31-0.28-0.41-0.8-0.290.37-0.84-0.25-0.530.850.740.81-0.66-0.23
0.12-0.580.460.550.380.95-0.290.39-0.47-0.45-0.870.11-0.54-0.51-0.91-0.630.43-0.86-0.54-0.660.790.620.81-0.37-0.35
-0.19-0.1-0.13-0.2-0.25-0.380.13-0.230.24-0.020.240.56-0.070.030.44-0.090.00.65-0.110.07-0.37-0.44-0.66-0.37-0.15
0.390.130.11-0.1-0.01-0.430.130.010.150.970.61-0.110.110.940.190.28-0.930.090.10.74-0.39-0.12-0.23-0.35-0.15
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Cordoba Minerals Account Relationship Matchups

Cordoba Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.9M10.7M11.1M19.4M52.4M26.7M
Total Current Liabilities22.1M1.2M1.4M26.6M8.1M5.1M
Total Stockholder Equity(1.1M)10.1M10.8M(20.9M)25.4M13.9M
Property Plant And Equipment Net1.3M1.3M1.5M2.2M3.3M3.2M
Net Debt166.4K(5.3M)(4.7M)(10.6M)(2.9M)(3.1M)
Retained Earnings(169.9M)(197.2M)(217.7M)(250.6M)(273.5M)(259.8M)
Cash247.2K5.5M5.0M11.0M5.1M3.9M
Non Current Assets Total20.0M4.2M4.9M7.3M12.0M12.3M
Cash And Short Term Investments247.2K5.5M5.0M11.0M5.1M3.4M
Net Receivables44.4K73.7K88K73K34.5M36.2M
Common Stock Shares Outstanding27.2M48.8M72.3M89.1M89.4M93.9M
Liabilities And Stockholders Equity20.9M10.7M11.1M19.4M52.4M55.0M
Other Stockholder Equity16.9M20.3M20.5M21.3M24.5M36.6M
Total Liab22.2M1.2M1.5M40.3M9.0M6.3M
Total Current Assets859.1K6.5M6.2M12.1M40.3M42.3M
Common Stock151.9M187.1M208.0M208.3M208.8M134.5M
Non Currrent Assets Other18.5M1.9M2.9M4.8M8.3M4.4M
Other Current Assets567.6K997.0K1.1M1.1M776K671.2K
Other Current Liab17.5M90.4K402K21.6M4.3M4.3M
Accounts Payable676.0K971.8K872K4.7M4.3M4.6M
Accumulated Other Comprehensive Income16.9M20.3M20.5M21.3M90.1M94.6M
Net Tangible Assets(1.1M)10.1M9.6M(20.9M)(18.8M)(17.9M)
Property Plant Equipment1.3M1.3M1.5M2.2M1.9M1.8M
Other Assets18.5M1.9M2.9M4.8M1.00.95
Long Term Investments185.7K971.4K486K371K333.9K385.0K
Short Long Term Debt Total413.6K153.0K231K422K2.2M2.3M
Non Current Liabilities Total132.5K22.6K70K13.7M861.0K817.9K
Short Term Debt281.2K130.5K161K237K1.3M1.4M
Net Invested Capital2.5M10.2M10.8M(20.9M)25.4M26.7M
Net Working Capital(21.2M)5.4M4.7M(14.5M)32.2M33.8M
Capital Lease Obligations413.6K153.0K231K422K1.3M1.3M
Capital Stock151.9M187.1M208.0M208.3M208.8M203.6M

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