Cartier Book Value Per Share vs Free Cash Flow Per Share Analysis

ECR Stock

CAD 0.09 0.01 10.00%

Cartier Resources financial indicator trend analysis is way more than just evaluating Cartier Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cartier Resources is a good investment. Please check the relationship between Cartier Resources Book Value Per Share and its Free Cash Flow Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Cartier Resources. 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.

Book Value Per Share vs Free Cash Flow Per Share

Book Value Per Share vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cartier Resources Book Value Per Share account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cartier Resources' Book Value Per Share and Free Cash Flow Per Share is -0.35. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Cartier Resources, assuming nothing else is changed. The correlation between historical values of Cartier Resources' Book Value Per Share and Free Cash Flow 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 Book Value Per Share of Cartier Resources are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Book Value Per Share i.e., Cartier Resources' Book Value Per Share and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Most indicators from Cartier Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cartier Resources 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 Cartier Resources. 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, Cartier Resources' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 27.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 176.2 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	18.2K	12.3K	7.3K	12.1K
Depreciation And Amortization	20.3K	23.6K	22.7K	21.6K

Interest Expense Depreciation And Amortization

Cartier Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	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	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Total	Inventory	Other Current Assets	Common Stock	Short Term Investments	Other Liab	Net Tangible Assets	Property Plant Equipment	Short Long Term Debt Total
Total Assets		0.27	0.33	1.0	0.95	-0.52	-0.87	-0.58	0.46	0.96	-0.12	0.55	0.08	0.98	-0.37	0.79	0.45	0.88	0.69	-0.64	0.99	-0.11	0.68	0.89	0.94	-0.95
Other Current Liab	0.27		0.97	0.25	0.02	-0.82	-0.29	-0.05	0.85	0.02	0.22	0.8	0.5	0.17	0.01	0.59	0.86	-0.11	-0.27	-0.29	0.22	-0.55	-0.01	0.36	-0.02	-0.23
Total Current Liabilities	0.33	0.97		0.3	0.09	-0.8	-0.28	-0.16	0.83	0.09	0.06	0.79	0.39	0.2	0.01	0.64	0.83	-0.03	-0.21	-0.25	0.26	-0.47	0.08	0.39	0.07	-0.26
Total Stockholder Equity	1.0	0.25	0.3		0.95	-0.51	-0.86	-0.57	0.45	0.96	-0.1	0.54	0.09	0.98	-0.38	0.76	0.44	0.87	0.7	-0.64	0.99	-0.1	0.68	0.89	0.94	-0.96
Property Plant And Equipment Net	0.95	0.02	0.09	0.95		-0.25	-0.84	-0.66	0.18	0.99	-0.29	0.29	-0.1	0.96	-0.43	0.69	0.17	0.96	0.76	-0.55	0.96	-0.01	0.74	0.83	0.98	-0.92
Net Debt	-0.52	-0.82	-0.8	-0.51	-0.25		0.47	-0.06	-0.99	-0.25	-0.43	-0.99	-0.43	-0.43	-0.1	-0.57	-0.99	-0.1	-0.08	0.53	-0.48	0.45	-0.02	-0.54	-0.22	0.45
Retained Earnings	-0.87	-0.29	-0.28	-0.86	-0.84	0.47		0.53	-0.43	-0.82	0.11	-0.5	-0.07	-0.91	0.28	-0.75	-0.42	-0.76	-0.54	0.83	-0.91	0.48	-0.48	-0.81	-0.74	0.84
Accounts Payable	-0.58	-0.05	-0.16	-0.57	-0.66	-0.06	0.53		0.1	-0.67	0.74	0.04	-0.06	-0.62	0.7	-0.53	0.09	-0.63	-0.39	0.2	-0.6	-0.05	-0.66	-0.52	-0.68	0.6
Cash	0.46	0.85	0.83	0.45	0.18	-0.99	-0.43	0.1		0.18	0.43	0.98	0.44	0.36	0.12	0.54	1.0	0.03	0.0	-0.51	0.42	-0.49	-0.05	0.48	0.15	-0.39
Non Current Assets Total	0.96	0.02	0.09	0.96	0.99	-0.25	-0.82	-0.67	0.18		-0.27	0.29	-0.07	0.96	-0.43	0.69	0.17	0.96	0.77	-0.54	0.96	0.04	0.76	0.83	0.99	-0.92
Non Currrent Assets Other	-0.12	0.22	0.06	-0.1	-0.29	-0.43	0.11	0.74	0.43	-0.27		0.4	0.37	-0.14	0.39	-0.24	0.45	-0.38	-0.15	-0.14	-0.12	-0.17	-0.37	-0.07	-0.29	0.1
Cash And Short Term Investments	0.55	0.8	0.79	0.54	0.29	-0.99	-0.5	0.04	0.98	0.29	0.4		0.41	0.46	0.08	0.61	0.97	0.14	0.09	-0.55	0.51	-0.44	0.09	0.61	0.26	-0.49
Net Receivables	0.08	0.5	0.39	0.09	-0.1	-0.43	-0.07	-0.06	0.44	-0.07	0.37	0.41		0.1	-0.49	0.02	0.5	-0.25	-0.13	-0.11	0.1	-0.2	-0.14	0.12	-0.04	-0.1
Common Stock Shares Outstanding	0.98	0.17	0.2	0.98	0.96	-0.43	-0.91	-0.62	0.36	0.96	-0.14	0.46	0.1		-0.43	0.71	0.36	0.88	0.73	-0.68	1.0	-0.15	0.65	0.87	0.94	-0.95
Other Stockholder Equity	-0.37	0.01	0.01	-0.38	-0.43	-0.1	0.28	0.7	0.12	-0.43	0.39	0.08	-0.49	-0.43		-0.21	0.09	-0.36	-0.22	-0.01	-0.39	-0.24	-0.49	-0.35	-0.48	0.44
Total Liab	0.79	0.59	0.64	0.76	0.69	-0.57	-0.75	-0.53	0.54	0.69	-0.24	0.61	0.02	0.71	-0.21		0.52	0.66	0.26	-0.51	0.74	-0.32	0.66	0.84	0.63	-0.76
Total Current Assets	0.45	0.86	0.83	0.44	0.17	-0.99	-0.42	0.09	1.0	0.17	0.45	0.97	0.5	0.36	0.09	0.52		0.02	0.0	-0.5	0.41	-0.48	-0.06	0.47	0.15	-0.38
Non Current Liabilities Total	0.88	-0.11	-0.03	0.87	0.96	-0.1	-0.76	-0.63	0.03	0.96	-0.38	0.14	-0.25	0.88	-0.36	0.66	0.02		0.81	-0.45	0.88	0.12	0.72	0.71	0.93	-0.81
Inventory	0.69	-0.27	-0.21	0.7	0.76	-0.08	-0.54	-0.39	0.0	0.77	-0.15	0.09	-0.13	0.73	-0.22	0.26	0.0	0.81		-0.35	0.72	0.25	0.33	0.37	0.77	-0.53
Other Current Assets	-0.64	-0.29	-0.25	-0.64	-0.55	0.53	0.83	0.2	-0.51	-0.54	-0.14	-0.55	-0.11	-0.68	-0.01	-0.51	-0.5	-0.45	-0.35		-0.69	0.66	-0.15	-0.62	-0.47	0.62
Common Stock	0.99	0.22	0.26	0.99	0.96	-0.48	-0.91	-0.6	0.42	0.96	-0.12	0.51	0.1	1.0	-0.39	0.74	0.41	0.88	0.72	-0.69		-0.15	0.64	0.88	0.93	-0.95
Short Term Investments	-0.11	-0.55	-0.47	-0.1	-0.01	0.45	0.48	-0.05	-0.49	0.04	-0.17	-0.44	-0.2	-0.15	-0.24	-0.32	-0.48	0.12	0.25	0.66	-0.15		0.27	-0.21	0.13	0.1
Other Liab	0.68	-0.01	0.08	0.68	0.74	-0.02	-0.48	-0.66	-0.05	0.76	-0.37	0.09	-0.14	0.65	-0.49	0.66	-0.06	0.72	0.33	-0.15	0.64	0.27		0.79	0.78	-0.79
Net Tangible Assets	0.89	0.36	0.39	0.89	0.83	-0.54	-0.81	-0.52	0.48	0.83	-0.07	0.61	0.12	0.87	-0.35	0.84	0.47	0.71	0.37	-0.62	0.88	-0.21	0.79		0.81	-0.96
Property Plant Equipment	0.94	-0.02	0.07	0.94	0.98	-0.22	-0.74	-0.68	0.15	0.99	-0.29	0.26	-0.04	0.94	-0.48	0.63	0.15	0.93	0.77	-0.47	0.93	0.13	0.78	0.81		-0.91
Short Long Term Debt Total	-0.95	-0.23	-0.26	-0.96	-0.92	0.45	0.84	0.6	-0.39	-0.92	0.1	-0.49	-0.1	-0.95	0.44	-0.76	-0.38	-0.81	-0.53	0.62	-0.95	0.1	-0.79	-0.96	-0.91

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Cartier Resources Account Relationship Matchups

Cartier Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.5M	33.8M	33.3M	45.1M	47.3M	49.6M
Total Current Liabilities	1.1M	3.3M	1.1M	1.6M	344.9K	327.7K
Total Stockholder Equity	22.4M	28.0M	28.8M	39.5M	42.1M	44.2M
Property Plant And Equipment Net	17.0M	19.4M	26.8M	37.7M	42.1M	44.2M
Net Debt	(7.5M)	(13.1M)	(6.1M)	(6.9M)	(6.2M)	(6.5M)
Retained Earnings	(17.8M)	(18.6M)	(18.8M)	(19.9M)	(21.3M)	(20.2M)
Accounts Payable	241.54	314.29	211.93	869.21	782.29	743.17
Cash	7.7M	13.3M	6.2M	7.0M	4.7M	5.9M
Non Current Assets Total	17.0M	19.4M	26.8M	37.7M	42.1M	44.2M
Non Currrent Assets Other	(1.5M)	(1.7M)	(3.3M)	(747.6K)	(672.8K)	(639.2K)
Cash And Short Term Investments	7.7M	13.3M	6.3M	7.0M	8.1M	6.0M
Net Receivables	742.1K	970.5K	124.3K	359.8K	258.2K	348.5K
Common Stock Shares Outstanding	179.4M	200.9M	217.4M	267.5M	323.6M	339.8M
Liabilities And Stockholders Equity	25.5M	33.8M	33.3M	45.1M	51.9M	54.5M
Other Stockholder Equity	2.9M	3.2M	3.6M	4.3M	3.8M	3.6M
Total Liab	3.1M	5.8M	4.6M	5.6M	5.1M	3.1M
Total Current Assets	8.5M	14.4M	6.5M	7.4M	5.2M	6.6M
Accumulated Other Comprehensive Income	21.7K	104.6K	52.1K	(8.3K)	(7.5K)	(7.1K)
Non Current Liabilities Total	2.1M	2.5M	3.5M	4.0M	4.8M	5.0M
Common Stock	37.2M	43.3M	43.9M	55.1M	63.4M	66.6M
Short Term Investments	27.7K	28.6K	0.0	40.8K	110.2K	115.7K
Other Liab	2.0M	2.3M	3.4M	4.0M	4.6M	2.5M
Net Tangible Assets	22.4M	28.0M	28.8M	39.5M	45.4M	22.7M
Property Plant Equipment	17.0M	19.4M	26.8M	37.7M	43.3M	45.5M
Net Invested Capital	22.4M	28.0M	28.8M	39.5M	42.1M	32.6M
Net Working Capital	7.4M	11.1M	5.4M	5.9M	4.8M	6.5M
Capital Stock	37.2M	43.3M	43.9M	55.1M	59.0M	50.2M

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