Defense Ptb Ratio vs Capex To Depreciation Analysis
DEFN Stock | CAD 0.16 0.02 14.29% |
Defense Metals financial indicator trend analysis is much more than just examining Defense Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Defense Metals Corp is a good investment. Please check the relationship between Defense Metals Ptb Ratio and its Capex To Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defense Metals 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 Capex To Depreciation
Ptb Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Defense Metals Corp Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Defense Metals' Ptb Ratio and Capex To Depreciation is -0.48. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Defense Metals Corp, assuming nothing else is changed. The correlation between historical values of Defense Metals' Ptb Ratio and Capex To Depreciation 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 Defense Metals Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., Defense Metals' Ptb Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Defense Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Defense Metals 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defense Metals 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, Defense Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 163.85 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.
Defense Metals fundamental ratios Correlations
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Defense Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Defense Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0M | 4.1M | 25.3M | 32.7M | 37.7M | 39.5M | |
Total Current Liabilities | 207.3K | 327.9K | 668.6K | 656.5K | 755.0K | 792.7K | |
Total Stockholder Equity | 1.8M | 3.8M | 24.6M | 32.1M | 36.9M | 38.7M | |
Net Tangible Assets | 1.8M | 3.8M | 24.6M | 32.1M | 36.9M | 38.7M | |
Property Plant And Equipment Net | 1.8M | 2.9M | 24.1M | 30.3M | 34.8M | 36.6M | |
Net Debt | (166.2K) | (849.5K) | (724.8K) | (1.8M) | (1.6M) | (1.5M) | |
Retained Earnings | (3.5M) | (6.1M) | (9.9M) | (12.6M) | (11.4M) | (10.8M) | |
Accounts Payable | 40.0K | 69.1K | 222.9K | 262.6K | 302.0K | 317.1K | |
Cash | 166.2K | 849.5K | 724.8K | 1.8M | 2.0M | 2.1M | |
Non Current Assets Total | 1.8M | 3.0M | 24.3M | 30.7M | 35.3M | 37.1M | |
Cash And Short Term Investments | 166.2K | 849.5K | 724.8K | 1.8M | 2.0M | 2.1M | |
Common Stock Shares Outstanding | 31.5M | 53.0M | 95.9M | 178.5M | 205.2M | 215.5M | |
Liabilities And Stockholders Equity | 2.0M | 4.1M | 25.3M | 32.7M | 37.7M | 39.5M | |
Total Liab | 207.3K | 327.9K | 668.6K | 656.5K | 755.0K | 792.7K | |
Total Current Assets | 208.9K | 1.2M | 976.7K | 2.0M | 2.4M | 2.5M | |
Common Stock | 4.7M | 8.5M | 30.3M | 40.0M | 46.0M | 48.2M | |
Property Plant Equipment | 1.8M | 3.0M | 24.1M | 30.3M | 34.8M | 36.6M | |
Other Stockholder Equity | 307.5K | 618.7K | 1.5M | 626.6K | 720.6K | 688.2K | |
Net Invested Capital | 1.8M | 3.8M | 24.6M | 32.1M | 36.9M | 38.7M | |
Accumulated Other Comprehensive Income | 618.7K | 1.5M | 3.6M | 4.8M | 5.5M | 5.8M | |
Net Working Capital | 1.6K | 855.0K | 308.1K | 1.4M | 1.6M | 1.7M | |
Other Current Liab | 207.3K | 327.9K | 668.6K | 656.5K | 755.0K | 421.9K | |
Net Receivables | 9.6K | 301.8K | 206.8K | 189.8K | 218.3K | 161.9K | |
Other Current Assets | 33.1K | 31.6K | 45.1K | 94.2K | 108.3K | 59.0K | |
Capital Stock | 4.7M | 8.5M | 30.3M | 40.0M | 46.0M | 48.2M |
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