Empress Ptb Ratio vs Invested Capital Analysis
| EMPR Stock | CAD 0.35 0.01 2.94% |
Empress Royalty financial indicator trend analysis is much more than just examining Empress Royalty Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Empress Royalty Corp is a good investment. Please check the relationship between Empress Royalty Ptb Ratio and its Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empress Royalty 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 metropolitan statistical area.
Ptb Ratio vs Invested Capital
Ptb Ratio vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Empress Royalty Corp Ptb Ratio account and Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Empress Royalty's Ptb Ratio and Invested Capital is 0.52. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Empress Royalty Corp, assuming nothing else is changed. The correlation between historical values of Empress Royalty's Ptb Ratio and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Empress Royalty Corp are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Ptb Ratio i.e., Empress Royalty's Ptb Ratio and Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.52 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Empress Royalty Corp. There are two different methods for calculating Empress Royalty Corp invested capital: operating approach and financing approach. Understanding Empress Royalty invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most indicators from Empress Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Empress Royalty 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 Empress Royalty 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 metropolitan statistical area. At this time, Empress Royalty's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.00 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
| 2010 | 2023 | 2024 (projected) | Gross Profit | 785.8K | 2.0M | 1.5M | Total Revenue | 1.8M | 3.5M | 2.9M |
Empress Royalty fundamental ratios Correlations
Click cells to compare fundamentals
Empress Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Empress Stock Analysis
When running Empress Royalty's price analysis, check to measure Empress Royalty'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 Empress Royalty is operating at the current time. Most of Empress Royalty's value examination focuses on studying past and present price action to predict the probability of Empress Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empress Royalty's price. Additionally, you may evaluate how the addition of Empress Royalty to your portfolios can decrease your overall portfolio volatility.