Eagle Inventory Turnover vs Ptb Ratio Analysis

EPL Stock  CAD 0.11  0.01  10.00%   
Eagle Plains financial indicator trend analysis is much more than just examining Eagle Plains Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Plains Resources is a good investment. Please check the relationship between Eagle Plains Inventory Turnover and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Plains 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.

Inventory Turnover vs Ptb Ratio

Inventory Turnover vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Plains Resources Inventory Turnover account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Eagle Plains' Inventory Turnover and Ptb Ratio is -0.09. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Eagle Plains Resources, assuming nothing else is changed. The correlation between historical values of Eagle Plains' Inventory Turnover and Ptb 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 Inventory Turnover of Eagle Plains Resources are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Inventory Turnover i.e., Eagle Plains' Inventory Turnover and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

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.
Most indicators from Eagle Plains' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle Plains 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 Eagle Plains 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.
Enterprise Value is likely to climb to about 8.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue12.5M17.3M10.3M10.8M
Depreciation And Amortization175.2K208.4K221.4K126.8K

Eagle Plains fundamental ratios Correlations

0.760.990.47-0.6-0.090.480.60.770.950.750.690.390.780.960.37-0.450.30.37-0.410.570.670.57-0.2-0.210.2
0.760.680.43-0.670.020.310.660.560.760.460.380.230.990.750.23-0.110.050.14-0.240.590.490.410.010.010.24
0.990.680.46-0.56-0.110.50.560.760.940.760.730.40.690.960.36-0.50.320.37-0.420.540.670.58-0.21-0.240.17
0.470.430.46-0.61-0.070.380.620.670.370.650.240.840.430.38-0.41-0.17-0.47-0.430.460.06-0.05-0.260.440.59-0.13
-0.6-0.67-0.56-0.610.4-0.45-1.0-0.28-0.7-0.37-0.53-0.23-0.62-0.680.10.340.410.420.12-0.49-0.24-0.21-0.4-0.18-0.5
-0.090.02-0.11-0.070.4-0.35-0.40.19-0.240.1-0.710.190.07-0.20.240.830.240.430.160.260.350.15-0.240.27-0.29
0.480.310.50.38-0.45-0.350.450.220.530.660.50.340.290.53-0.16-0.53-0.15-0.01-0.070.090.210.190.120.10.27
0.60.660.560.62-1.0-0.40.450.280.70.370.530.240.620.68-0.11-0.34-0.42-0.42-0.110.490.240.210.420.190.49
0.770.560.760.67-0.280.190.220.280.550.730.350.720.620.580.26-0.230.310.29-0.050.290.330.18-0.250.01-0.26
0.950.760.940.37-0.7-0.240.530.70.550.630.770.210.741.00.27-0.480.150.26-0.440.580.690.64-0.04-0.210.32
0.750.460.760.65-0.370.10.660.370.730.630.360.680.510.66-0.02-0.270.060.280.070.240.390.16-0.070.240.08
0.690.380.730.24-0.53-0.710.50.530.350.770.360.070.330.760.15-0.880.120.01-0.430.220.290.390.01-0.410.18
0.390.230.40.84-0.230.190.340.240.720.210.680.070.260.24-0.29-0.07-0.21-0.130.46-0.060.03-0.160.190.51-0.34
0.780.990.690.43-0.620.070.290.620.620.740.510.330.260.740.28-0.10.120.22-0.250.570.470.38-0.1-0.020.26
0.960.750.960.38-0.68-0.20.530.680.581.00.660.760.240.740.3-0.470.190.29-0.440.60.720.65-0.07-0.210.3
0.370.230.36-0.410.10.24-0.16-0.110.260.27-0.020.15-0.290.280.3-0.10.880.7-0.870.630.560.63-0.83-0.790.25
-0.45-0.11-0.5-0.170.340.83-0.53-0.34-0.23-0.48-0.27-0.88-0.07-0.1-0.47-0.1-0.160.030.380.070.05-0.110.140.47-0.22
0.30.050.32-0.470.410.24-0.15-0.420.310.150.060.12-0.210.120.190.88-0.160.88-0.720.260.410.49-0.95-0.810.01
0.370.140.37-0.430.420.43-0.01-0.420.290.260.280.01-0.130.220.290.70.030.88-0.550.250.580.53-0.83-0.580.06
-0.41-0.24-0.420.460.120.16-0.07-0.11-0.05-0.440.07-0.430.46-0.25-0.44-0.870.38-0.72-0.55-0.55-0.55-0.70.670.89-0.48
0.570.590.540.06-0.490.260.090.490.290.580.240.22-0.060.570.60.630.070.260.25-0.550.760.69-0.18-0.190.4
0.670.490.67-0.05-0.240.350.210.240.330.690.390.290.030.470.720.560.050.410.58-0.550.760.86-0.25-0.280.19
0.570.410.58-0.26-0.210.150.190.210.180.640.160.39-0.160.380.650.63-0.110.490.53-0.70.690.86-0.32-0.490.18
-0.20.01-0.210.44-0.4-0.240.120.42-0.25-0.04-0.070.010.19-0.1-0.07-0.830.14-0.95-0.830.67-0.18-0.25-0.320.75-0.17
-0.210.01-0.240.59-0.180.270.10.190.01-0.210.24-0.410.51-0.02-0.21-0.790.47-0.81-0.580.89-0.19-0.28-0.490.75-0.25
0.20.240.17-0.13-0.5-0.290.270.49-0.260.320.080.18-0.340.260.30.25-0.220.010.06-0.480.40.190.18-0.17-0.25
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Eagle Plains Account Relationship Matchups

Eagle Plains fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6M11.2M12.4M14.3M14.7M10.4M
Total Current Liabilities428.5K688.9K888.7K1.7M913.0K488.0K
Total Stockholder Equity7.2M10.4M11.5M12.6M13.8M9.5M
Property Plant And Equipment Net1.8M2.2M1.9M3.0M1.4M1.3M
Net Debt(3.5M)(4.8M)(5.0M)(9.5M)(1.4M)(1.4M)
Retained Earnings(20.8M)(18.7M)(17.8M)(18.4M)(11.8M)(12.3M)
Accounts Payable150.1K271.6K440.1K276.5K155.4K221.4K
Cash3.5M4.8M5.0M9.5M1.4M1.3M
Non Current Assets Total1.9M2.3M2.0M3.1M4.3M3.4M
Cash And Short Term Investments5.4M8.3M9.5M10.1M9.1M4.9M
Net Receivables282.6K612.6K816.9K495.7K506.4K644.6K
Common Stock Shares Outstanding91.5M95.7M99.9M106.4M112.4M68.6M
Liabilities And Stockholders Equity7.6M11.2M12.4M14.3M14.7M10.4M
Other Stockholder Equity4.6M4.9M4.7M5.0M5.4M5.1M
Total Liab428.5K723.6K898.0K1.7M913.0K862.9K
Total Current Assets5.7M8.9M10.4M11.2M10.4M5.7M
Other Current Assets38.4K17.4K40.9K602.2K824.8K866.1K
Non Currrent Assets Other60.1K98.5K99.3K127.8K2.7M2.9M
Short Term Investments1.9M3.4M4.5M607.3K7.8M8.1M
Other Current Liab278.4K335.0K355.7K1.4M757.6K414.3K
Net Tangible Assets7.3M7.2M10.4M12.6M14.5M9.1M
Other Assets60.1K98.5K99.3K127.8K146.9K101.3K
Common Stock23.4M24.3M24.6M26.0M20.2M25.1M
Property Plant Equipment2.5M1.8M2.2M3.0M2.7M2.0M
Net Invested Capital7.2M10.4M11.5M12.6M13.8M10.9M
Net Working Capital5.3M8.2M9.5M9.5M9.5M8.0M
Capital Stock23.4M24.3M24.6M26.0M20.2M18.9M

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