Capstone Average Payables vs Price To Sales Ratio Analysis

CS Stock

CAD 9.84 0.20 1.99%

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

Average Payables vs Price To Sales Ratio

Average Payables vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capstone Mining Corp Average Payables account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Capstone Mining's Average Payables and Price To Sales Ratio is -0.59. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Capstone Mining Corp, assuming nothing else is changed. The correlation between historical values of Capstone Mining's Average Payables and Price To Sales 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 Average Payables of Capstone Mining Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Average Payables i.e., Capstone Mining's Average Payables and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.59

Relationship Direction	Negative
Relationship Strength	Very Weak

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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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Capstone Mining Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Capstone Mining sales, a figure that is much harder to manipulate than other Capstone Mining Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Capstone Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capstone Mining 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 Capstone Mining 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 estimate.

At this time, Capstone Mining's Issuance Of Capital Stock is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value Over EBITDA is likely to grow to 28.31, while Selling General Administrative is likely to drop about 22.9 M.

Capstone Mining fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Short Term Investments	Inventory	Net Tangible Assets	Other Assets
Total Assets		0.91	0.96	0.99	1.0	0.8	0.48	0.98	-0.03	1.0	0.0	-0.01	0.95	0.9	0.98	-0.2	-0.13	0.98	0.99	0.63	-0.02	0.45	-0.23	0.84	0.99	0.71
Short Long Term Debt Total	0.91		0.79	0.88	0.91	0.82	0.36	0.85	-0.06	0.91	0.04	-0.04	0.83	0.83	0.92	-0.13	-0.1	0.9	0.89	0.55	0.24	0.18	-0.22	0.8	0.91	0.56
Total Current Liabilities	0.96	0.79		0.94	0.96	0.79	0.46	0.98	-0.12	0.96	0.02	-0.1	0.9	0.86	0.95	-0.15	-0.23	0.96	0.97	0.53	-0.11	0.61	-0.23	0.82	0.94	0.76
Total Stockholder Equity	0.99	0.88	0.94		0.97	0.71	0.57	0.96	0.1	0.97	0.0	0.12	0.95	0.9	0.94	-0.23	-0.06	0.94	0.97	0.73	-0.04	0.46	-0.26	0.83	0.99	0.66
Property Plant And Equipment Net	1.0	0.91	0.96	0.97		0.84	0.43	0.99	-0.1	1.0	0.02	-0.08	0.95	0.9	0.99	-0.18	-0.18	0.99	0.99	0.57	-0.01	0.44	-0.21	0.85	0.98	0.74
Net Debt	0.8	0.82	0.79	0.71	0.84		0.03	0.82	-0.57	0.84	0.22	-0.56	0.73	0.72	0.89	0.01	-0.43	0.88	0.82	0.08	0.13	0.19	-0.03	0.77	0.75	0.74
Retained Earnings	0.48	0.36	0.46	0.57	0.43	0.03		0.41	0.57	0.43	-0.13	0.56	0.44	0.33	0.33	-0.38	0.24	0.36	0.43	0.75	-0.06	0.21	-0.49	0.45	0.53	0.02
Accounts Payable	0.98	0.85	0.98	0.96	0.99	0.82	0.41		-0.14	0.99	0.06	-0.12	0.95	0.88	0.98	-0.18	-0.23	0.98	0.99	0.54	-0.04	0.53	-0.22	0.83	0.96	0.76
Cash	-0.03	-0.06	-0.12	0.1	-0.1	-0.57	0.57	-0.14		-0.1	-0.44	1.0	0.0	-0.01	-0.17	-0.35	0.64	-0.17	-0.08	0.74	-0.12	0.07	-0.28	-0.17	0.07	-0.36
Non Current Assets Total	1.0	0.91	0.96	0.97	1.0	0.84	0.43	0.99	-0.1		0.03	-0.08	0.95	0.9	0.99	-0.18	-0.18	0.99	0.99	0.57	-0.01	0.44	-0.22	0.85	0.98	0.74
Non Currrent Assets Other	0.0	0.04	0.02	0.0	0.02	0.22	-0.13	0.06	-0.44	0.03		-0.41	0.05	0.14	0.0	0.24	-0.34	-0.01	-0.04	-0.23	0.4	-0.13	0.23	0.41	-0.06	0.11
Cash And Short Term Investments	-0.01	-0.04	-0.1	0.12	-0.08	-0.56	0.56	-0.12	1.0	-0.08	-0.41		0.01	0.04	-0.16	-0.28	0.63	-0.15	-0.07	0.76	-0.12	0.09	-0.24	-0.14	0.09	-0.34
Net Receivables	0.95	0.83	0.9	0.95	0.95	0.73	0.44	0.95	0.0	0.95	0.05	0.01		0.82	0.92	-0.26	-0.14	0.92	0.95	0.64	-0.08	0.46	-0.21	0.76	0.94	0.67
Common Stock Shares Outstanding	0.9	0.83	0.86	0.9	0.9	0.72	0.33	0.88	-0.01	0.9	0.14	0.04	0.82		0.88	-0.08	-0.19	0.88	0.88	0.6	0.07	0.45	-0.1	0.84	0.9	0.73
Non Current Liabilities Total	0.98	0.92	0.95	0.94	0.99	0.89	0.33	0.98	-0.17	0.99	0.0	-0.16	0.92	0.88		-0.16	-0.22	1.0	0.99	0.5	0.01	0.43	-0.18	0.82	0.96	0.75
Other Current Assets	-0.2	-0.13	-0.15	-0.23	-0.18	0.01	-0.38	-0.18	-0.35	-0.18	0.24	-0.28	-0.26	-0.08	-0.16		-0.18	-0.16	-0.19	-0.31	0.1	0.15	0.64	-0.12	-0.23	-0.11
Other Stockholder Equity	-0.13	-0.1	-0.23	-0.06	-0.18	-0.43	0.24	-0.23	0.64	-0.18	-0.34	0.63	-0.14	-0.19	-0.22	-0.18		-0.22	-0.17	0.39	-0.22	-0.11	-0.11	-0.22	-0.05	-0.34
Total Liab	0.98	0.9	0.96	0.94	0.99	0.88	0.36	0.98	-0.17	0.99	-0.01	-0.15	0.92	0.88	1.0	-0.16	-0.22		0.99	0.5	-0.01	0.46	-0.19	0.83	0.96	0.76
Property Plant And Equipment Gross	0.99	0.89	0.97	0.97	0.99	0.82	0.43	0.99	-0.08	0.99	-0.04	-0.07	0.95	0.88	0.99	-0.19	-0.17	0.99		0.58	-0.05	0.5	-0.22	0.81	0.98	0.73
Total Current Assets	0.63	0.55	0.53	0.73	0.57	0.08	0.75	0.54	0.74	0.57	-0.23	0.76	0.64	0.6	0.5	-0.31	0.39	0.5	0.58		-0.08	0.37	-0.29	0.46	0.7	0.15
Short Term Debt	-0.02	0.24	-0.11	-0.04	-0.01	0.13	-0.06	-0.04	-0.12	-0.01	0.4	-0.12	-0.08	0.07	0.01	0.1	-0.22	-0.01	-0.05	-0.08		-0.27	0.28	0.21	-0.04	-0.15
Other Current Liab	0.45	0.18	0.61	0.46	0.44	0.19	0.21	0.53	0.07	0.44	-0.13	0.09	0.46	0.45	0.43	0.15	-0.11	0.46	0.5	0.37	-0.27		0.03	0.29	0.43	0.35
Short Term Investments	-0.23	-0.22	-0.23	-0.26	-0.21	-0.03	-0.49	-0.22	-0.28	-0.22	0.23	-0.24	-0.21	-0.1	-0.18	0.64	-0.11	-0.19	-0.22	-0.29	0.28	0.03		-0.12	-0.25	-0.03
Inventory	0.84	0.8	0.82	0.83	0.85	0.77	0.45	0.83	-0.17	0.85	0.41	-0.14	0.76	0.84	0.82	-0.12	-0.22	0.83	0.81	0.46	0.21	0.29	-0.12		0.83	0.55
Net Tangible Assets	0.99	0.91	0.94	0.99	0.98	0.75	0.53	0.96	0.07	0.98	-0.06	0.09	0.94	0.9	0.96	-0.23	-0.05	0.96	0.98	0.7	-0.04	0.43	-0.25	0.83		0.68
Other Assets	0.71	0.56	0.76	0.66	0.74	0.74	0.02	0.76	-0.36	0.74	0.11	-0.34	0.67	0.73	0.75	-0.11	-0.34	0.76	0.73	0.15	-0.15	0.35	-0.03	0.55	0.68

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Capstone Mining Account Relationship Matchups

Capstone Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.4B	1.7B	5.4B	5.9B	6.2B
Short Long Term Debt Total	213.0M	193.1M	16.0M	763.0M	1.2B	1.2B
Total Current Liabilities	55.4M	93.9M	230.2M	408.5M	431.8M	453.4M
Total Stockholder Equity	761.1M	779.1M	1.0B	2.8B	2.7B	2.8B
Property Plant And Equipment Net	1.1B	1.1B	1.3B	4.7B	5.3B	5.6B
Net Debt	173.1M	136.5M	(246.1M)	532.7M	1.0B	1.1B
Retained Earnings	(109.8M)	(97.5M)	128.0M	262.5M	168.9M	177.3M
Accounts Payable	52.5M	74.9M	97.4M	284.9M	272.3M	285.9M
Cash	39.9M	56.6M	262.1M	170.3M	126.0M	122.2M
Non Current Assets Total	1.2B	1.2B	1.4B	4.8B	5.4B	5.7B
Non Currrent Assets Other	9.6M	46.4M	566K	62.1M	11.6M	11.0M
Cash And Short Term Investments	44.5M	60.0M	264.4M	171.9M	126.8M	129.4M
Net Receivables	28.6M	31.7M	28.5M	191.9M	147.3M	154.7M
Common Stock Shares Outstanding	395.2M	398.7M	414.1M	630.2M	693.5M	728.2M
Liabilities And Stockholders Equity	1.3B	1.4B	1.7B	5.4B	5.9B	6.2B
Non Current Liabilities Total	404.6M	408.5M	481.3M	1.8B	2.4B	2.5B
Other Current Assets	2.5M	7.9M	6.0M	2.5M	2.8M	2.7M
Other Stockholder Equity	(7.3M)	(6.6M)	(5.1M)	(17.1M)	(705.0K)	(669.7K)
Total Liab	460.0M	502.4M	711.5M	2.2B	2.8B	2.9B
Property Plant And Equipment Gross	1.1B	1.1B	2.2B	6.9B	7.8B	8.2B
Total Current Assets	123.4M	157.9M	361.7M	572.2M	486.9M	511.2M
Accumulated Other Comprehensive Income	32.4M	33.8M	39.0M	41.3M	40.1M	42.1M
Short Term Debt	769K	1.6M	3.4M	28.9M	87.5M	50.3M
Other Current Liab	873K	8.3M	123.3M	86.2M	59.9M	32.3M
Short Term Investments	4.5M	3.4M	2.3M	1.6M	804K	763.8K
Inventory	47.9M	58.2M	62.8M	143.5M	149.6M	157.1M
Net Tangible Assets	761.1M	771.2M	1.0B	2.8B	3.2B	3.3B
Other Assets	74.2M	75.3M	49.4M	100.3M	115.4M	121.2M
Common Stock	838.5M	842.8M	849.4M	2.4B	2.5B	2.6B
Property Plant Equipment	1.1B	1.1B	1.3B	4.7B	5.4B	5.7B
Other Liab	192.3M	216.6M	468.7M	1.1B	1.2B	1.3B
Long Term Investments	1.7M	2.9M	6.1M	1.6M	824K	782.8K
Common Stock Total Equity	837.4M	838.4M	838.5M	842.8M	969.2M	844.3M
Long Term Debt	207.1M	183.2M	0.0	659.1M	970.3M	1.0B
Long Term Debt Total	212.3M	191.5M	12.6M	734.0M	844.2M	886.4M
Non Current Liabilities Other	3.4M	4.1M	2.5M	4.0M	8.7M	9.1M
Cash And Equivalents	39.9M	56.6M	262.1M	170.3M	195.9M	126.6M

Pair Trading with Capstone Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Capstone Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Capstone Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Capstone Stock

0.64

FDY

Faraday Copper Corp

Pair Corr

The ability to find closely correlated positions to Capstone Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capstone Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Capstone Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Capstone Mining Corp to buy it.

The correlation of Capstone Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Capstone Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capstone Mining Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Capstone Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Capstone Stock

Balance Sheet is a snapshot of the financial position of Capstone Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Capstone Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Capstone Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Capstone currently owns. An asset can also be divided into two categories, current and non-current.

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Capstone Average Payables vs Price To Sales Ratio Analysis

Average Payables vs Price To Sales Ratio

Average Payables vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Average Payables

Price To Sales Ratio

Capstone Mining fundamental ratios Correlations

Capstone Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Capstone Mining fundamental ratios Accounts

Pair Trading with Capstone Mining

Moving together with Capstone Stock

Other Information on Investing in Capstone Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets

Cash	- 0.57	Net Debt
Cash And Short Term Investments	- 0.56	Net Debt
Short Term Investments	- 0.49	Retained Earnings
Non Currrent Assets Other	- 0.44	Cash
Other Stockholder Equity	- 0.43	Net Debt
Cash And Short Term Investments	- 0.41	Non Currrent Assets Other