Endurance Net Income Per Share vs Pb Ratio Analysis

EDG Stock

CAD 0.13 0.01 7.14%

Endurance Gold financial indicator trend analysis is much more than just examining Endurance Gold Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endurance Gold Corp is a good investment. Please check the relationship between Endurance Gold Net Income Per Share and its Pb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endurance Gold 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.

Net Income Per Share vs Pb Ratio

Net Income Per Share vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endurance Gold Corp Net Income Per Share account and Pb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Endurance Gold's Net Income Per Share and Pb Ratio is -0.28. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Endurance Gold Corp, assuming nothing else is changed. The correlation between historical values of Endurance Gold's Net Income Per Share and Pb 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 Net Income Per Share of Endurance Gold Corp are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Net Income Per Share i.e., Endurance Gold's Net Income Per Share and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income Per Share

Pb Ratio

Most indicators from Endurance Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endurance Gold 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 Endurance Gold 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, Endurance Gold's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1.9 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (47.17).

	2021	2022	2023	2024 (projected)
Interest Income	5.6K	41.4K	86.4K	90.8K
Net Interest Income	5.6K	41.4K	86.4K	90.8K

Interest Income Net Interest Income

Endurance Gold fundamental ratios Correlations

	Total Assets	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 Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Total	Short Term Investments	Other Current Liab	Net Tangible Assets	Common Stock	Property Plant Equipment	Inventory	Other Assets	Net Invested Capital
Total Assets		0.75	1.0	-0.08	-0.27	-0.7	0.65	0.29	0.73	0.67	0.31	0.87	0.72	0.43	-0.32	0.61	0.56	0.21	0.25	-0.37	0.84	0.84	-0.08	-0.72	-0.68	0.41
Total Current Liabilities	0.75		0.74	-0.17	-0.06	-0.72	0.88	0.08	0.63	0.62	0.13	0.7	0.65	0.5	-0.43	0.9	0.32	-0.15	0.1	-0.21	0.65	0.67	0.01	-0.65	-0.59	0.11
Total Stockholder Equity	1.0	0.74		-0.08	-0.28	-0.69	0.64	0.29	0.73	0.67	0.31	0.87	0.71	0.43	-0.31	0.6	0.56	0.22	0.25	-0.37	0.84	0.84	-0.09	-0.71	-0.68	0.42
Property Plant And Equipment Net	-0.08	-0.17	-0.08		-0.55	-0.16	-0.03	0.53	0.04	-0.59	-0.16	0.02	0.18	0.06	0.07	-0.02	-0.15	0.55	-0.26	0.0	-0.13	0.16	0.64	0.1	0.2	0.18
Net Debt	-0.27	-0.06	-0.28	-0.55		0.3	-0.07	-1.0	-0.33	0.1	0.15	-0.52	-0.08	-0.67	0.45	-0.07	0.0	-0.92	0.32	-0.08	-0.05	-0.49	-0.44	0.0	0.02	-0.45
Retained Earnings	-0.7	-0.72	-0.69	-0.16	0.3		-0.59	-0.31	-0.88	-0.65	0.3	-0.84	-0.67	-0.43	0.53	-0.6	0.06	-0.12	0.35	0.19	-0.34	-0.81	-0.34	0.47	0.35	-0.25
Accounts Payable	0.65	0.88	0.64	-0.03	-0.07	-0.59		0.07	0.42	0.37	0.28	0.54	0.79	0.55	-0.41	0.97	0.44	-0.07	0.25	-0.42	0.73	0.72	0.07	-0.71	-0.68	0.06
Cash	0.29	0.08	0.29	0.53	-1.0	-0.31	0.07		0.35	-0.08	-0.16	0.53	0.08	0.67	-0.46	0.07	0.0	0.92	-0.33	0.08	0.05	0.49	0.44	0.0	-0.02	0.45
Non Current Assets Total	0.73	0.63	0.73	0.04	-0.33	-0.88	0.42	0.35		0.77	-0.42	0.92	0.42	0.47	-0.36	0.42	-0.16	0.18	-0.46	-0.1	0.32	0.76	0.42	-0.29	-0.12	0.55
Non Currrent Assets Other	0.67	0.62	0.67	-0.59	0.1	-0.65	0.37	-0.08	0.77		-0.17	0.73	0.31	0.29	-0.36	0.36	0.03	-0.2	-0.15	-0.13	0.38	0.54	-0.12	-0.37	-0.3	0.26
Cash And Short Term Investments	0.31	0.13	0.31	-0.16	0.15	0.3	0.28	-0.16	-0.42	-0.17		-0.14	0.38	-0.13	0.12	0.23	0.96	-0.02	0.98	-0.37	0.69	0.05	-0.7	-0.57	-0.74	-0.23
Net Receivables	0.87	0.7	0.87	0.02	-0.52	-0.84	0.54	0.53	0.92	0.73	-0.14		0.51	0.63	-0.48	0.52	0.14	0.38	-0.23	-0.19	0.52	0.87	0.24	-0.43	-0.36	0.56
Common Stock Shares Outstanding	0.72	0.65	0.71	0.18	-0.08	-0.67	0.79	0.08	0.42	0.31	0.38	0.51		0.26	-0.32	0.76	0.53	0.02	0.34	-0.49	0.76	0.79	0.0	-0.81	-0.77	0.04
Other Current Assets	0.43	0.5	0.43	0.06	-0.67	-0.43	0.55	0.67	0.47	0.29	-0.13	0.63	0.26		-0.7	0.54	0.05	0.45	-0.24	-0.04	0.32	0.65	0.39	-0.15	-0.26	0.35
Other Stockholder Equity	-0.32	-0.43	-0.31	0.07	0.45	0.53	-0.41	-0.46	-0.36	-0.36	0.12	-0.48	-0.32	-0.7		-0.36	-0.01	-0.28	0.2	0.2	-0.12	-0.5	-0.07	0.34	0.45	0.26
Total Liab	0.61	0.9	0.6	-0.02	-0.07	-0.6	0.97	0.07	0.42	0.36	0.23	0.52	0.76	0.54	-0.36		0.38	-0.12	0.2	-0.21	0.67	0.69	0.1	-0.63	-0.62	0.1
Total Current Assets	0.56	0.32	0.56	-0.15	0.0	0.06	0.44	0.0	-0.16	0.03	0.96	0.14	0.53	0.05	-0.01	0.38		0.09	0.92	-0.42	0.83	0.3	-0.63	-0.69	-0.84	-0.07
Non Current Liabilities Total	0.21	-0.15	0.22	0.55	-0.92	-0.12	-0.07	0.92	0.18	-0.2	-0.02	0.38	0.02	0.45	-0.28	-0.12	0.09		-0.18	-0.04	0.04	0.4	0.32	0.01	-0.01	0.43
Short Term Investments	0.25	0.1	0.25	-0.26	0.32	0.35	0.25	-0.33	-0.46	-0.15	0.98	-0.23	0.34	-0.24	0.2	0.2	0.92	-0.18		-0.37	0.64	-0.04	-0.76	-0.54	-0.7	-0.3
Other Current Liab	-0.37	-0.21	-0.37	0.0	-0.08	0.19	-0.42	0.08	-0.1	-0.13	-0.37	-0.19	-0.49	-0.04	0.2	-0.21	-0.42	-0.04	-0.37		-0.45	-0.31	0.21	0.59	0.51	0.14
Net Tangible Assets	0.84	0.65	0.84	-0.13	-0.05	-0.34	0.73	0.05	0.32	0.38	0.69	0.52	0.76	0.32	-0.12	0.67	0.83	0.04	0.64	-0.45		0.67	-0.26	-0.78	-0.82	0.24
Common Stock	0.84	0.67	0.84	0.16	-0.49	-0.81	0.72	0.49	0.76	0.54	0.05	0.87	0.79	0.65	-0.5	0.69	0.3	0.4	-0.04	-0.31	0.67		0.28	-0.59	-0.56	0.47
Property Plant Equipment	-0.08	0.01	-0.09	0.64	-0.44	-0.34	0.07	0.44	0.42	-0.12	-0.7	0.24	0.0	0.39	-0.07	0.1	-0.63	0.32	-0.76	0.21	-0.26	0.28		0.34	0.51	0.46
Inventory	-0.72	-0.65	-0.71	0.1	0.0	0.47	-0.71	0.0	-0.29	-0.37	-0.57	-0.43	-0.81	-0.15	0.34	-0.63	-0.69	0.01	-0.54	0.59	-0.78	-0.59	0.34		0.85	0.15
Other Assets	-0.68	-0.59	-0.68	0.2	0.02	0.35	-0.68	-0.02	-0.12	-0.3	-0.74	-0.36	-0.77	-0.26	0.45	-0.62	-0.84	-0.01	-0.7	0.51	-0.82	-0.56	0.51	0.85		0.25
Net Invested Capital	0.41	0.11	0.42	0.18	-0.45	-0.25	0.06	0.45	0.55	0.26	-0.23	0.56	0.04	0.35	0.26	0.1	-0.07	0.43	-0.3	0.14	0.24	0.47	0.46	0.15	0.25

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Endurance Gold Account Relationship Matchups

Endurance Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.0M	7.3M	7.6M	12.0M	12.3M	12.9M
Total Current Liabilities	175.3K	182.8K	304.9K	171.5K	280.6K	294.7K
Total Stockholder Equity	4.8M	7.1M	7.3M	11.8M	12.0M	12.6M
Property Plant And Equipment Net	1.8M	2.6M	4.2M	7.3M	15.3K	14.5K
Net Debt	(52.2K)	(505.2K)	(513.9K)	(1.9M)	(401.8K)	(421.8K)
Retained Earnings	(6.7M)	(5.2M)	(8.2M)	(10.5M)	(11.6M)	(11.1M)
Accounts Payable	157.9K	167.2K	289.2K	152.6K	256.6K	134.1K
Cash	52.2K	505.2K	513.9K	1.9M	401.8K	479.4K
Non Current Assets Total	1.8M	2.6M	4.2M	7.3M	9.7M	10.2M
Non Currrent Assets Other	1.6M	1.8M	15K	37K	9.5M	10.0M
Cash And Short Term Investments	3.2M	4.4M	2.8M	2.9M	802.6K	762.5K
Net Receivables	4.0K	217.7K	612.8K	1.7M	1.7M	1.8M
Common Stock Shares Outstanding	110.4M	110.9M	123.1M	136.4M	146.5M	83.0M
Liabilities And Stockholders Equity	5.0M	7.3M	7.6M	12.0M	12.3M	12.9M
Other Current Assets	13.3K	23.1K	25.8K	25.5K	28.1K	18.6K
Other Stockholder Equity	1.5M	1.6M	1.6M	2.3M	2.1M	2.0M
Total Liab	175.3K	182.8K	304.9K	171.5K	280.6K	149.6K
Total Current Assets	3.3M	4.7M	3.4M	4.7M	2.6M	2.5M
Short Term Investments	3.2M	3.9M	2.2M	1.1M	400.9K	380.8K
Other Current Liab	16.6K	17.4K	15.6K	18.9K	24.0K	25.8K
Accumulated Other Comprehensive Income	1.6M	1.6M	2.3M	3.4M	3.5M	1.9M
Net Tangible Assets	5.0M	4.8M	7.1M	7.3M	8.4M	6.5M
Common Stock	10.0M	10.7M	13.2M	19.0M	20.1M	12.7M
Property Plant Equipment	1.6M	1.8M	2.6M	4.2M	3.8M	2.1M
Net Invested Capital	4.8M	7.1M	7.3M	11.8M	12.0M	9.0M
Net Working Capital	3.1M	4.5M	3.1M	4.5M	2.3M	3.3M
Capital Stock	10.0M	10.7M	13.2M	19.0M	20.1M	15.2M

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