Endeavour Dividend Yield vs Days Sales Outstanding Analysis
EDV Stock | CAD 27.63 0.46 1.64% |
Endeavour Mining financial indicator trend analysis is much more than just examining Endeavour Mining Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endeavour Mining Corp is a good investment. Please check the relationship between Endeavour Mining Dividend Yield and its Days Sales Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour 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 board of governors.
Dividend Yield vs Days Sales Outstanding
Dividend Yield vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavour Mining Corp Dividend Yield account and Days Sales Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Endeavour Mining's Dividend Yield and Days Sales Outstanding is -0.72. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Endeavour Mining Corp, assuming nothing else is changed. The correlation between historical values of Endeavour Mining's Dividend Yield and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Endeavour Mining Corp are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Dividend Yield i.e., Endeavour Mining's Dividend Yield and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.72 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Dividend Yield
Dividend Yield is Endeavour Mining Corp dividend as a percentage of Endeavour Mining stock price. Endeavour Mining Corp dividend yield is a measure of Endeavour Mining stock productivity, which can be interpreted as interest rate earned on an Endeavour Mining investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Days Sales Outstanding
Most indicators from Endeavour Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endeavour 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour 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 board of governors. At this time, Endeavour Mining's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Discontinued Operations is likely to grow to about 11 M, though Issuance Of Capital Stock is likely to grow to (21.5 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 44.8M | 56.5M | 68.9M | 72.3M | Depreciation And Amortization | 648.7M | 639.1M | 542.3M | 569.4M |
Endeavour Mining fundamental ratios Correlations
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Endeavour Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Endeavour Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 3.9B | 6.8B | 6.4B | 5.9B | 6.2B | |
Total Stockholder Equity | 717.9M | 2.1B | 3.9B | 3.7B | 3.2B | 3.4B | |
Property Plant And Equipment Net | 1.4B | 2.6B | 5.0B | 4.5B | 4.2B | 4.4B | |
Retained Earnings | (1.1B) | (1.1B) | 3.3B | 3.0B | 2.6B | 2.7B | |
Non Currrent Assets Other | 61.0M | 77.0M | 185.3M | 240.7M | 323.6M | 339.8M | |
Other Assets | 66.5M | 122.0M | 250.3M | 229.5M | 263.9M | 277.1M | |
Common Stock Shares Outstanding | 109.8M | 137.0M | 242.0M | 248.7M | 245.0M | 257.3M | |
Liabilities And Stockholders Equity | 1.9B | 3.9B | 6.8B | 6.4B | 5.9B | 6.2B | |
Other Stockholder Equity | 1.8B | 70.4M | 4.5M | 25.6M | 50.7M | 48.2M | |
Total Liab | 1.1B | 1.6B | 2.4B | 2.3B | 2.3B | 2.4B | |
Property Plant And Equipment Gross | 1.4B | 2.6B | 6.7B | 6.8B | 5.9B | 6.2B | |
Net Debt | 535.9M | 80.5M | (13.2M) | (79.3M) | 593.4M | 623.1M | |
Cash | 189.9M | 645.0M | 906.2M | 951.1M | 517.2M | 543.1M | |
Non Current Assets Total | 1.5B | 2.8B | 5.4B | 5.0B | 4.7B | 5.0B | |
Cash And Short Term Investments | 189.9M | 645.0M | 906.2M | 962.3M | 586.9M | 616.2M | |
Net Receivables | 19.2M | 52.8M | 113.4M | 4.4M | 269.2M | 282.7M | |
Common Stock Total Equity | 1.7B | 1.7B | 1.8B | 3.0B | 3.5B | 3.7B | |
Total Current Assets | 396.0M | 1.1B | 1.4B | 1.4B | 1.1B | 1.2B | |
Common Stock | 1.7B | 11.0M | 3.0B | 2.5M | 2.9M | 2.7M | |
Other Current Liab | 10.3M | 112.8M | 305M | 431.8M | 309.7M | 325.2M | |
Total Current Liabilities | 268.0M | 546.6M | 567.1M | 1.0B | 613.4M | 644.1M | |
Accounts Payable | 147.5M | 206.9M | 247.7M | 259M | 280.9M | 294.9M | |
Short Term Investments | 1.8M | 1.4M | 8.6M | 11.2M | 69.7M | 49.1M | |
Non Current Liabilities Total | 788.3M | 1.1B | 1.8B | 1.3B | 1.7B | 1.8B | |
Accumulated Other Comprehensive Income | 72.5M | 70.4M | 584M | 592.4M | 594.3M | 624.0M | |
Short Term Debt | 29.4M | 13.7M | 14.4M | 354.8M | 22.8M | 21.7M | |
Short Long Term Debt Total | 725.8M | 725.5M | 893M | 871.8M | 1.1B | 558.4M | |
Inventory | 168.4M | 190.0M | 311.3M | 320.7M | 224.9M | 165.8M | |
Other Current Assets | 1.1M | 2.9M | 35.1M | 163.4M | 39.2M | 30.4M | |
Other Liab | 91.9M | 377.1M | 939.5M | 764.8M | 879.5M | 923.5M | |
Net Tangible Assets | 717.9M | 2.0B | 3.8B | 3.5B | 4.1B | 4.3B | |
Long Term Debt | 639.0M | 688.3M | 841.9M | 488.1M | 1.1B | 549.0M | |
Property Plant Equipment | 1.4B | 2.6B | 5.0B | 4.5B | 5.2B | 5.5B | |
Long Term Debt Total | 696.4M | 711.8M | 878.6M | 517M | 594.6M | 567.4M |
Pair Trading with Endeavour 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 Endeavour 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 Endeavour Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Endeavour Stock
Moving against Endeavour Stock
The ability to find closely correlated positions to Endeavour 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 Endeavour 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 Endeavour 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 Endeavour Mining Corp to buy it.
The correlation of Endeavour 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 Endeavour Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour 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 Endeavour 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.Other Information on Investing in Endeavour Stock
Balance Sheet is a snapshot of the financial position of Endeavour Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Endeavour Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Endeavour 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 Endeavour currently owns. An asset can also be divided into two categories, current and non-current.