Dundee Capex To Operating Cash Flow vs Book Value Per Share Analysis
DPM Stock | CAD 13.27 0.03 0.23% |
Dundee Precious financial indicator trend analysis is much more than just examining Dundee Precious Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dundee Precious Metals is a good investment. Please check the relationship between Dundee Precious Capex To Operating Cash Flow and its Book Value Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dundee Precious Metals. 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.
Capex To Operating Cash Flow vs Book Value Per Share
Capex To Operating Cash Flow vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dundee Precious Metals Capex To Operating Cash Flow account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dundee Precious' Capex To Operating Cash Flow and Book Value Per Share is -0.33. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Dundee Precious Metals, assuming nothing else is changed. The correlation between historical values of Dundee Precious' Capex To Operating Cash Flow and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Operating Cash Flow of Dundee Precious Metals are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Capex To Operating Cash Flow i.e., Dundee Precious' Capex To Operating Cash Flow and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capex To Operating Cash Flow
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.Most indicators from Dundee Precious' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dundee Precious Metals 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 Dundee Precious Metals. 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, Dundee Precious' Discontinued Operations is very stable compared to the past year. As of the 23rd of November 2024, Enterprise Value Over EBITDA is likely to grow to 2.43, while Selling General Administrative is likely to drop about 24.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 377.9M | 381.7M | 290.8M | 249.1M | Depreciation And Amortization | 96.2M | 84.2M | 84.4M | 57.5M |
Dundee Precious fundamental ratios Correlations
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Dundee Precious Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dundee Precious fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 784.7M | 974.9M | 1.2B | 1.2B | 1.3B | 782.6M | |
Total Stockholder Equity | 586.6M | 798.7M | 1.0B | 993.1M | 1.1B | 622.0M | |
Retained Earnings | 45.0M | 224.7M | 412.4M | 411.8M | 556.8M | 584.6M | |
Other Assets | 12.4M | 13.3M | 17.0M | 13.2M | 11.9M | 11.3M | |
Net Receivables | 32.3M | 76.4M | 118.7M | 116.8M | 94.6M | 99.4M | |
Common Stock Total Equity | 515.5M | 515.7M | 522.4M | 525.2M | 604.0M | 388.6M | |
Common Stock Shares Outstanding | 180.1M | 182.4M | 187.5M | 191.2M | 185.4M | 135.2M | |
Liabilities And Stockholders Equity | 784.7M | 974.9M | 1.2B | 1.2B | 1.3B | 782.6M | |
Other Stockholder Equity | 9.2M | 7.1M | 8.6M | 6.4M | 6.3M | 6.0M | |
Total Liab | 191.8M | 169.6M | 164.0M | 164.2M | 169.7M | 156.7M | |
Total Current Assets | 105.0M | 319.0M | 513.8M | 610.9M | 816.9M | 857.8M | |
Common Stock | 522.4M | 525.2M | 585.1M | 583.0M | 559.1M | 434.5M | |
Other Current Liab | 6.5M | 13.6M | 5.3M | 70.3M | 41.1M | 21.0M | |
Total Current Liabilities | 109.6M | 85.1M | 85.8M | 96.9M | 121.9M | 64.7M | |
Net Debt | (13.4M) | (132.4M) | (319.2M) | (418.6M) | (582.8M) | (553.6M) | |
Accounts Payable | 15.8M | 13.1M | 20.4M | 22.0M | 12.3M | 18.9M | |
Cash | 23.4M | 149.5M | 334.4M | 433.2M | 595.3M | 625.0M | |
Cash And Short Term Investments | 23.4M | 149.5M | 334.4M | 433.2M | 595.3M | 625.0M | |
Non Current Liabilities Total | 82.2M | 84.5M | 78.2M | 67.3M | 47.8M | 45.4M | |
Accumulated Other Comprehensive Income | 10.1M | 41.7M | (1.7M) | (8.2M) | (1.6M) | (1.5M) | |
Short Long Term Debt Total | 69.5M | 21.2M | 15.2M | 14.6M | 12.5M | 11.9M | |
Non Current Assets Total | 679.7M | 655.8M | 654.6M | 546.3M | 473.3M | 631.5M | |
Non Currrent Assets Other | 3.3M | 3.8M | 8.3M | 6.6M | 4.4M | 4.2M | |
Inventory | 38.0M | 43.0M | 49.6M | 45.8M | 38.5M | 38.8M | |
Other Current Assets | 5.2M | 10.8M | 1.5M | 5.5M | 1.1M | 1.0M | |
Short Term Debt | 45.1M | 4.1M | 4.4M | 4.5M | 3.1M | 2.9M | |
Property Plant And Equipment Net | 567.9M | 519.8M | 572.3M | 476.9M | 429.1M | 555.3M | |
Property Plant And Equipment Gross | 567.9M | 519.8M | 1.1B | 1.1B | 1.1B | 658.2M | |
Intangible Assets | 17.5M | 16.1M | 17.4M | 15.5M | 14.8M | 17.9M | |
Other Liab | 57.8M | 71.6M | 67.4M | 57.2M | 51.5M | 61.0M | |
Net Tangible Assets | 546.6M | 782.5M | 987.1M | 977.6M | 1.1B | 768.9M | |
Long Term Investments | 59.4M | 106.6M | 48.0M | 40.8M | 11.9M | 11.3M | |
Property Plant Equipment | 567.9M | 519.8M | 572.3M | 476.9M | 429.2M | 509.3M | |
Long Term Debt Total | 24.5M | 17.1M | 10.8M | 10.0M | 9.0M | 8.6M | |
Capital Surpluse | 9.2M | 7.1M | 8.6M | 6.4M | 5.8M | 7.6M | |
Non Current Liabilities Other | 15.4M | 1.2M | 13.9M | 3.3M | 3.0M | 2.9M | |
Net Invested Capital | 596.6M | 798.7M | 1.0B | 993.1M | 1.1B | 915.1M |
Pair Trading with Dundee Precious
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 Dundee Precious 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 Dundee Precious will appreciate offsetting losses from the drop in the long position's value.Moving together with Dundee Stock
Moving against Dundee Stock
The ability to find closely correlated positions to Dundee Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dundee Precious 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 Dundee Precious - 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 Dundee Precious Metals to buy it.
The correlation of Dundee Precious 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 Dundee Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dundee Precious Metals 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 Dundee Precious 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.Other Information on Investing in Dundee Stock
Balance Sheet is a snapshot of the financial position of Dundee Precious Metals at a specified time, usually calculated after every quarter, six months, or one year. Dundee Precious Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dundee Precious 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 Dundee currently owns. An asset can also be divided into two categories, current and non-current.