Filo Inventory Turnover vs Free Cash Flow Per Share Analysis

FIL Stock

32.43 0.27 0.83%

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

Inventory Turnover vs Free Cash Flow Per Share

Inventory Turnover 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 Filo Mining Corp Inventory Turnover account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Filo Mining's Inventory Turnover and Free Cash Flow Per Share is -0.69. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Filo Mining Corp, assuming nothing else is changed. The correlation between historical values of Filo Mining's Inventory Turnover 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 Inventory Turnover of Filo Mining 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 Inventory Turnover i.e., Filo Mining's Inventory Turnover and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

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 Filo Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Filo 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 Filo 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, Filo Mining's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value is likely to grow to about 2.7 B, while Issuance Of Capital Stock is likely to drop about 55.6 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	6.1M	14.2M	160.1M	168.2M
Cost Of Revenue	40.9M	82.5M	144.6K	137.4K

Total Operating Expenses Cost Of Revenue

Filo Mining fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Other Current Assets	Total Liab	Total Current Assets	Accounts Payable	Other Stockholder Equity	Capital Surpluse	Inventory	Cash And Equivalents	Common Stock	Property Plant Equipment	Net Tangible Assets	Net Invested Capital	Net Working Capital	Short Long Term Debt Total
Common Stock Shares Outstanding		0.73	0.73	0.73	0.72	0.38	-0.75	-0.88	0.73	0.52	0.73	0.13	0.52	0.73	0.73	0.04	0.8	0.89	0.79	-0.8	0.8	0.96	0.81	0.9	0.81	-0.89
Total Assets	0.73		0.98	0.97	1.0	0.56	-1.0	-0.92	1.0	0.58	1.0	-0.15	0.52	0.97	1.0	-0.1	0.65	0.92	0.51	-0.52	0.98	0.84	0.98	0.86	0.97	-0.72
Other Current Liab	0.73	0.98		1.0	0.97	0.57	-0.97	-0.93	0.98	0.58	0.98	-0.14	0.56	1.0	0.98	-0.1	0.64	0.92	0.53	-0.54	0.98	0.82	0.95	0.83	0.95	-0.69
Total Current Liabilities	0.73	0.97	1.0		0.96	0.55	-0.97	-0.93	0.97	0.56	0.97	-0.1	0.58	1.0	0.97	-0.11	0.66	0.92	0.56	-0.57	0.98	0.82	0.94	0.82	0.94	-0.68
Total Stockholder Equity	0.72	1.0	0.97	0.96		0.56	-1.0	-0.91	1.0	0.58	1.0	-0.16	0.51	0.96	1.0	-0.09	0.64	0.91	0.5	-0.51	0.97	0.83	0.98	0.86	0.97	-0.73
Property Plant And Equipment Net	0.38	0.56	0.57	0.55	0.56		-0.56	-0.37	0.54	0.96	0.54	-0.43	0.21	0.55	0.53	-0.2	-0.03	0.39	-0.01	0.01	0.5	0.52	0.5	0.56	0.5	-0.27
Net Debt	-0.75	-1.0	-0.97	-0.97	-1.0	-0.56		0.92	-1.0	-0.58	-1.0	0.15	-0.54	-0.97	-1.0	0.1	-0.66	-0.92	-0.51	0.52	-0.97	-0.86	-0.98	-0.89	-0.98	0.73
Retained Earnings	-0.88	-0.92	-0.93	-0.93	-0.91	-0.37	0.92		-0.92	-0.44	-0.92	-0.12	-0.66	-0.93	-0.93	-0.05	-0.86	-0.98	-0.78	0.78	-0.97	-0.91	-0.94	-0.87	-0.93	0.85
Cash	0.73	1.0	0.98	0.97	1.0	0.54	-1.0	-0.92		0.55	1.0	-0.15	0.53	0.97	1.0	-0.1	0.66	0.92	0.51	-0.52	0.98	0.84	0.98	0.86	0.98	-0.72
Non Current Assets Total	0.52	0.58	0.58	0.56	0.58	0.96	-0.58	-0.44	0.55		0.55	-0.44	0.16	0.56	0.55	-0.23	0.07	0.46	0.11	-0.11	0.54	0.6	0.54	0.6	0.54	-0.42
Cash And Short Term Investments	0.73	1.0	0.98	0.97	1.0	0.54	-1.0	-0.92	1.0	0.55		-0.15	0.53	0.97	1.0	-0.1	0.66	0.92	0.51	-0.52	0.98	0.84	0.98	0.86	0.98	-0.72
Net Receivables	0.13	-0.15	-0.14	-0.1	-0.16	-0.43	0.15	-0.12	-0.15	-0.44	-0.15		0.36	-0.09	-0.13	0.71	0.46	0.12	0.51	-0.51	-0.07	0.07	-0.1	-0.04	-0.1	-0.21
Other Current Assets	0.52	0.52	0.56	0.58	0.51	0.21	-0.54	-0.66	0.53	0.16	0.53	0.36		0.58	0.54	0.11	0.74	0.57	0.64	-0.64	0.55	0.6	0.48	0.5	0.47	-0.35
Total Liab	0.73	0.97	1.0	1.0	0.96	0.55	-0.97	-0.93	0.97	0.56	0.97	-0.09	0.58		0.97	-0.11	0.66	0.92	0.56	-0.57	0.98	0.82	0.94	0.82	0.94	-0.68
Total Current Assets	0.73	1.0	0.98	0.97	1.0	0.53	-1.0	-0.93	1.0	0.55	1.0	-0.13	0.54	0.97		-0.09	0.67	0.93	0.53	-0.53	0.98	0.84	0.98	0.87	0.98	-0.73
Accounts Payable	0.04	-0.1	-0.1	-0.11	-0.09	-0.2	0.1	-0.05	-0.1	-0.23	-0.1	0.71	0.11	-0.11	-0.09		0.19	0.08	0.26	-0.25	-0.03	0.01	-0.05	-0.03	-0.04	-0.32
Other Stockholder Equity	0.8	0.65	0.64	0.66	0.64	-0.03	-0.66	-0.86	0.66	0.07	0.66	0.46	0.74	0.66	0.67	0.19		0.83	0.9	-0.9	0.71	0.76	0.7	0.68	0.69	-0.77
Capital Surpluse	0.89	0.92	0.92	0.92	0.91	0.39	-0.92	-0.98	0.92	0.46	0.92	0.12	0.57	0.92	0.93	0.08	0.83		0.78	-0.79	0.96	0.92	0.96	0.9	0.96	-0.88
Inventory	0.79	0.51	0.53	0.56	0.5	-0.01	-0.51	-0.78	0.51	0.11	0.51	0.51	0.64	0.56	0.53	0.26	0.9	0.78		-1.0	0.62	0.72	0.61	0.62	0.6	-0.76
Cash And Equivalents	-0.8	-0.52	-0.54	-0.57	-0.51	0.01	0.52	0.78	-0.52	-0.11	-0.52	-0.51	-0.64	-0.57	-0.53	-0.25	-0.9	-0.79	-1.0		-0.63	-0.73	-0.62	-0.62	-0.61	0.77
Common Stock	0.8	0.98	0.98	0.98	0.97	0.5	-0.97	-0.97	0.98	0.54	0.98	-0.07	0.55	0.98	0.98	-0.03	0.71	0.96	0.62	-0.63		0.87	0.98	0.86	0.97	-0.79
Property Plant Equipment	0.96	0.84	0.82	0.82	0.83	0.52	-0.86	-0.91	0.84	0.6	0.84	0.07	0.6	0.82	0.84	0.01	0.76	0.92	0.72	-0.73	0.87		0.89	0.97	0.89	-0.84
Net Tangible Assets	0.81	0.98	0.95	0.94	0.98	0.5	-0.98	-0.94	0.98	0.54	0.98	-0.1	0.48	0.94	0.98	-0.05	0.7	0.96	0.61	-0.62	0.98	0.89		0.92	1.0	-0.81
Net Invested Capital	0.9	0.86	0.83	0.82	0.86	0.56	-0.89	-0.87	0.86	0.6	0.86	-0.04	0.5	0.82	0.87	-0.03	0.68	0.9	0.62	-0.62	0.86	0.97	0.92		0.93	-0.81
Net Working Capital	0.81	0.97	0.95	0.94	0.97	0.5	-0.98	-0.93	0.98	0.54	0.98	-0.1	0.47	0.94	0.98	-0.04	0.69	0.96	0.6	-0.61	0.97	0.89	1.0	0.93		-0.81
Short Long Term Debt Total	-0.89	-0.72	-0.69	-0.68	-0.73	-0.27	0.73	0.85	-0.72	-0.42	-0.72	-0.21	-0.35	-0.68	-0.73	-0.32	-0.77	-0.88	-0.76	0.77	-0.79	-0.84	-0.81	-0.81	-0.81

Click cells to compare fundamentals

Filo Mining Account Relationship Matchups

Filo Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	78.2M	97.8M	112.8M	120.9M	127.5M	87.6M
Total Assets	23.8M	47.7M	30.7M	86.0M	124.4M	130.6M
Other Current Liab	3.6M	4.1M	7.1M	15.4M	22.4M	23.5M
Total Current Liabilities	3.6M	4.1M	7.1M	15.5M	22.4M	23.6M
Total Stockholder Equity	20.1M	43.6M	23.6M	70.5M	101.9M	107.0M
Property Plant And Equipment Net	7.4M	8.9M	8.2M	10.2M	15.0M	9.4M
Net Debt	(13.7M)	(36.3M)	(19.4M)	(74.9M)	(108.1M)	(102.7M)
Retained Earnings	(111.8M)	(130.7M)	(163.1M)	(232.1M)	(347.2M)	(329.8M)
Cash	13.8M	36.3M	19.4M	74.9M	108.1M	113.5M
Non Current Assets Total	7.4M	10.5M	10.5M	10.2M	15.0M	9.9M
Cash And Short Term Investments	13.8M	36.3M	19.4M	74.9M	108.1M	113.5M
Net Receivables	2.0M	512.9K	296.4K	362.5K	183.4K	174.2K
Liabilities And Stockholders Equity	23.8M	47.7M	30.7M	86.0M	124.4M	130.6M
Other Current Assets	566.7K	297.3K	401.3K	468.9K	1.1M	586.4K
Total Liab	3.6M	4.1M	7.1M	15.5M	22.4M	23.6M
Total Current Assets	16.3M	37.1M	20.1M	75.7M	109.4M	114.9M
Accounts Payable	3.3M	4.1K	7.0K	15.3K	22.4K	21.3K
Other Stockholder Equity	7.7M	9.8M	8.5M	15.5M	21.2M	22.3M
Accumulated Other Comprehensive Income	(1.4M)	(1.6M)	(2.1M)	(867.9K)	2.5M	3.2M
Capital Surpluse	7.7M	9.8M	8.5M	15.5M	17.8M	18.7M
Common Stock	125.6M	166.1M	180.3M	288.0M	425.4M	446.7M
Property Plant Equipment	7.4M	8.9M	8.2M	10.2M	11.7M	8.5M
Net Tangible Assets	20.1M	43.6M	23.6M	70.5M	81.1M	85.1M
Net Invested Capital	20.1M	43.6M	23.6M	70.5M	76.8M	39.5M
Net Working Capital	12.7M	33.0M	13.1M	60.3M	65.6M	68.9M
Capital Stock	125.6M	166.1M	180.3M	288.0M	320.7M	213.6M

Pair Trading with Filo 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 Filo 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 Filo Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Filo Stock

0.78	AG	First Majestic Silver	Pair Corr
0.75	IE	Ivanhoe Energy	Pair Corr
0.83	FDY	Faraday Copper Corp	Pair Corr

The ability to find closely correlated positions to Filo 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 Filo 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 Filo 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 Filo Mining Corp to buy it.

The correlation of Filo 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 Filo Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Filo 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 Filo 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.

Pair Correlation Correlation Matching

Other Information on Investing in Filo Stock

Balance Sheet is a snapshot of the financial position of Filo Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Filo Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Filo 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 Filo currently owns. An asset can also be divided into two categories, current and non-current.

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Filo Inventory Turnover vs Free Cash Flow Per Share Analysis

Inventory Turnover vs Free Cash Flow Per Share

Inventory Turnover vs Free Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Inventory Turnover

Free Cash Flow Per Share

Filo Mining fundamental ratios Correlations

Filo Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Filo Mining fundamental ratios Accounts

Pair Trading with Filo Mining

Moving together with Filo Stock

Other Information on Investing in Filo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab

Cash And Equivalents	- 1.0	Inventory
Total Current Assets	- 1.0	Net Debt
Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 1.0	Total Stockholder Equity
Net Debt	- 1.0	Total Assets