Eminent Capex To Depreciation vs Free Cash Flow Per Share Analysis

EMNT Stock

CAD 0.31 0.01 3.33%

Eminent Gold financial indicator trend analysis is much more than just examining Eminent Gold Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eminent Gold Corp is a good investment. Please check the relationship between Eminent Gold Capex To Depreciation 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 Eminent 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 estimate.

Capex To Depreciation vs Free Cash Flow Per Share

Capex To Depreciation 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 Eminent Gold Corp Capex To Depreciation account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Eminent Gold's Capex To Depreciation and Free Cash Flow Per Share is -0.11. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Eminent Gold Corp, assuming nothing else is changed. The correlation between historical values of Eminent Gold's Capex To Depreciation 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 Capex To Depreciation of Eminent Gold Corp 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 Capex To Depreciation i.e., Eminent Gold's Capex To Depreciation and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

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 Eminent Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eminent 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 Eminent 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 estimate.

At this time, Eminent Gold's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 17.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 690.9 K in 2024.

Eminent Gold fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Net Debt	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Short Long Term Debt	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Other Current Liab
Total Current Liabilities		0.68	-0.75	0.82	0.71	0.75	0.31	0.7	0.65	0.72	0.7	0.66	0.14	0.76	0.75	0.81	0.7	0.74	0.19	0.82	0.72	0.7
Net Tangible Assets	0.68		-0.87	0.86	0.99	0.99	0.68	1.0	0.82	0.89	0.89	0.76	0.55	0.81	0.96	0.39	0.88	0.82	0.6	0.92	0.79	0.71
Retained Earnings	-0.75	-0.87		-0.92	-0.87	-0.88	-0.24	-0.88	-0.71	-0.69	-0.68	-0.63	-0.12	-0.71	-0.84	-0.59	-0.68	-0.82	-0.14	-0.88	-0.76	-0.89
Accounts Payable	0.82	0.86	-0.92		0.87	0.89	0.4	0.88	0.77	0.75	0.74	0.69	0.27	0.73	0.83	0.64	0.73	0.82	0.29	0.86	0.76	0.72
Net Receivables	0.71	0.99	-0.87	0.87		1.0	0.63	0.98	0.75	0.88	0.87	0.69	0.5	0.82	0.94	0.5	0.87	0.77	0.53	0.92	0.8	0.72
Other Stockholder Equity	0.75	0.99	-0.88	0.89	1.0		0.63	0.99	0.79	0.88	0.87	0.72	0.5	0.82	0.94	0.5	0.87	0.8	0.54	0.92	0.8	0.72
Total Current Assets	0.31	0.68	-0.24	0.4	0.63	0.63		0.66	0.61	0.68	0.7	0.64	0.96	0.49	0.65	-0.05	0.69	0.48	0.99	0.5	0.37	0.04
Common Stock	0.7	1.0	-0.88	0.88	0.98	0.99	0.66		0.84	0.88	0.88	0.77	0.54	0.8	0.96	0.41	0.87	0.84	0.58	0.92	0.79	0.72
Property Plant Equipment	0.65	0.82	-0.71	0.77	0.75	0.79	0.61	0.84		0.72	0.72	0.96	0.52	0.64	0.82	0.19	0.72	0.93	0.56	0.75	0.63	0.57
Total Assets	0.72	0.89	-0.69	0.75	0.88	0.88	0.68	0.88	0.72		1.0	0.71	0.47	0.97	0.92	0.47	1.0	0.67	0.61	0.92	0.92	0.63
Total Stockholder Equity	0.7	0.89	-0.68	0.74	0.87	0.87	0.7	0.88	0.72	1.0		0.71	0.49	0.96	0.92	0.44	1.0	0.67	0.62	0.91	0.92	0.62
Net Debt	0.66	0.76	-0.63	0.69	0.69	0.72	0.64	0.77	0.96	0.71	0.71		0.55	0.64	0.83	0.21	0.71	0.94	0.59	0.76	0.57	0.56
Cash	0.14	0.55	-0.12	0.27	0.5	0.5	0.96	0.54	0.52	0.47	0.49	0.55		0.24	0.5	-0.21	0.48	0.41	0.97	0.32	0.12	-0.12
Non Current Assets Total	0.76	0.81	-0.71	0.73	0.82	0.82	0.49	0.8	0.64	0.97	0.96	0.64	0.24		0.88	0.58	0.97	0.63	0.4	0.92	0.97	0.74
Common Stock Shares Outstanding	0.75	0.96	-0.84	0.83	0.94	0.94	0.65	0.96	0.82	0.92	0.92	0.83	0.5	0.88		0.45	0.92	0.86	0.58	0.98	0.83	0.78
Total Liab	0.81	0.39	-0.59	0.64	0.5	0.5	-0.05	0.41	0.19	0.47	0.44	0.21	-0.21	0.58	0.45		0.45	0.36	-0.18	0.61	0.57	0.6
Net Invested Capital	0.7	0.88	-0.68	0.73	0.87	0.87	0.69	0.87	0.72	1.0	1.0	0.71	0.48	0.97	0.92	0.45		0.66	0.62	0.91	0.92	0.62
Short Long Term Debt	0.74	0.82	-0.82	0.82	0.77	0.8	0.48	0.84	0.93	0.67	0.67	0.94	0.41	0.63	0.86	0.36	0.66		0.42	0.83	0.6	0.73
Net Working Capital	0.19	0.6	-0.14	0.29	0.53	0.54	0.99	0.58	0.56	0.61	0.62	0.59	0.97	0.4	0.58	-0.18	0.62	0.42		0.41	0.28	-0.05
Capital Stock	0.82	0.92	-0.88	0.86	0.92	0.92	0.5	0.92	0.75	0.92	0.91	0.76	0.32	0.92	0.98	0.61	0.91	0.83	0.41		0.89	0.86
Property Plant And Equipment Net	0.72	0.79	-0.76	0.76	0.8	0.8	0.37	0.79	0.63	0.92	0.92	0.57	0.12	0.97	0.83	0.57	0.92	0.6	0.28	0.89		0.75
Other Current Liab	0.7	0.71	-0.89	0.72	0.72	0.72	0.04	0.72	0.57	0.63	0.62	0.56	-0.12	0.74	0.78	0.6	0.62	0.73	-0.05	0.86	0.75

Click cells to compare fundamentals

Eminent Gold Account Relationship Matchups

Eminent Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	23.8K	133.6K	277.9K	245.0K	334.9K	207.3K
Net Tangible Assets	(104.6K)	(218.2K)	676.0K	2.3M	2.6M	2.8M
Retained Earnings	(1.4M)	(2.7M)	(3.9M)	(5.4M)	(9.6M)	(9.1M)
Accounts Payable	14.3K	63.9K	251.8K	126.1K	289.1K	303.5K
Total Current Assets	699.8K	1.6M	1.6M	613.2K	305.0K	289.8K
Total Assets	699.8K	2.4M	4.9M	5.6M	3.1M	2.6M
Total Stockholder Equity	676.0K	2.3M	4.6M	5.4M	2.7M	2.4M
Cash	697.8K	1.6M	1.2M	96.4K	207.0K	196.7K
Common Stock Shares Outstanding	25.0M	36.2M	41.0M	44.9M	49.7M	35.7M
Total Liab	23.8K	133.6K	277.9K	245.0K	334.9K	223.9K
Net Invested Capital	676.0K	2.3M	4.6M	5.4M	2.7M	2.4M
Net Working Capital	676.0K	1.5M	1.3M	368.2K	(29.8K)	(28.4K)
Capital Stock	2.0M	4.2M	7.5M	9.3M	10.7M	6.4M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Eminent Stock Analysis

When running Eminent Gold's price analysis, check to measure Eminent Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eminent Gold is operating at the current time. Most of Eminent Gold's value examination focuses on studying past and present price action to predict the probability of Eminent Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eminent Gold's price. Additionally, you may evaluate how the addition of Eminent Gold to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC