FPX Ev To Sales vs Capex To Depreciation Analysis

FPX Stock

CAD 0.26 0.01 4.00%

FPX Nickel financial indicator trend analysis is much more than just examining FPX Nickel Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FPX Nickel Corp is a good investment. Please check the relationship between FPX Nickel Ev To Sales and its Capex To Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FPX Nickel 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.

Ev To Sales vs Capex To Depreciation

Ev To Sales vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FPX Nickel Corp Ev To Sales account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between FPX Nickel's Ev To Sales and Capex To Depreciation is -0.09. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of FPX Nickel Corp, assuming nothing else is changed. The correlation between historical values of FPX Nickel's Ev To Sales and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of FPX Nickel Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ev To Sales i.e., FPX Nickel's Ev To Sales and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

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.

Most indicators from FPX Nickel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FPX Nickel 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 FPX Nickel 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, FPX Nickel's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 71.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 10.2 M in 2024.

FPX Nickel fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Net Tangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Assets	Short Long Term Debt Total	Other Liab	Long Term Debt	Non Current Liabilities Total
Total Assets		0.93	0.99	0.97	-0.89	-0.73	0.21	0.98	0.97	0.98	0.68	0.91	0.72	0.37	-0.2	0.98	0.81	0.95	0.99	0.87	0.74	0.58	-0.9	-0.54	-0.71	-0.86
Total Current Liabilities	0.93		0.89	0.94	-0.76	-0.69	0.12	0.88	0.94	0.88	0.55	0.82	0.58	0.24	-0.02	0.88	0.81	0.83	0.9	0.84	0.87	0.56	-0.8	-0.45	-0.6	-0.76
Total Stockholder Equity	0.99	0.89		0.92	-0.95	-0.66	0.27	1.0	0.92	1.0	0.7	0.86	0.74	0.38	-0.36	1.0	0.72	0.97	0.97	0.8	0.67	0.53	-0.92	-0.44	-0.74	-0.88
Property Plant And Equipment Net	0.97	0.94	0.92		-0.77	-0.82	0.15	0.91	1.0	0.91	0.63	0.94	0.68	0.3	0.01	0.91	0.9	0.88	0.97	0.94	0.77	0.62	-0.84	-0.66	-0.66	-0.81
Net Debt	-0.89	-0.76	-0.95	-0.77		0.46	-0.3	-0.96	-0.77	-0.96	-0.66	-0.71	-0.69	-0.39	0.61	-0.97	-0.5	-0.93	-0.86	-0.6	-0.55	-0.41	0.88	0.2	0.73	0.84
Retained Earnings	-0.73	-0.69	-0.66	-0.82	0.46		-0.15	-0.61	-0.82	-0.61	-0.54	-0.94	-0.53	-0.13	-0.24	-0.62	-0.8	-0.69	-0.82	-0.91	-0.51	-0.67	0.67	0.75	0.59	0.67
Accounts Payable	0.21	0.12	0.27	0.15	-0.3	-0.15		0.22	0.14	0.22	0.82	0.2	0.53	0.21	-0.37	0.26	0.18	0.43	0.24	0.26	-0.38	0.37	-0.52	-0.16	-0.55	-0.59
Cash	0.98	0.88	1.0	0.91	-0.96	-0.61	0.22		0.91	1.0	0.65	0.83	0.7	0.41	-0.38	1.0	0.68	0.96	0.95	0.76	0.7	0.5	-0.89	-0.39	-0.71	-0.85
Non Current Assets Total	0.97	0.94	0.92	1.0	-0.77	-0.82	0.14	0.91		0.91	0.63	0.94	0.68	0.31	0.02	0.91	0.9	0.88	0.97	0.94	0.77	0.62	-0.84	-0.66	-0.66	-0.81
Cash And Short Term Investments	0.98	0.88	1.0	0.91	-0.96	-0.61	0.22	1.0	0.91		0.65	0.83	0.7	0.41	-0.38	1.0	0.68	0.96	0.95	0.76	0.7	0.5	-0.89	-0.39	-0.71	-0.85
Net Receivables	0.68	0.55	0.7	0.63	-0.66	-0.54	0.82	0.65	0.63	0.65		0.64	0.85	0.29	-0.34	0.69	0.55	0.79	0.7	0.64	0.09	0.5	-0.81	-0.42	-0.71	-0.84
Common Stock Shares Outstanding	0.91	0.82	0.86	0.94	-0.71	-0.94	0.2	0.83	0.94	0.83	0.64		0.63	0.29	0.02	0.84	0.85	0.88	0.96	0.95	0.61	0.68	-0.83	-0.72	-0.69	-0.82
Other Current Assets	0.72	0.58	0.74	0.68	-0.69	-0.53	0.53	0.7	0.68	0.7	0.85	0.63		0.26	-0.33	0.72	0.5	0.73	0.72	0.57	0.26	0.44	-0.7	-0.32	-0.57	-0.7
Other Stockholder Equity	0.37	0.24	0.38	0.3	-0.39	-0.13	0.21	0.41	0.31	0.41	0.29	0.29	0.26		-0.14	0.41	0.17	0.35	0.32	0.3	0.18	0.22	-0.31	-0.15	-0.28	-0.3
Total Liab	-0.2	-0.02	-0.36	0.01	0.61	-0.24	-0.37	-0.38	0.02	-0.38	-0.34	0.02	-0.33	-0.14		-0.39	0.31	-0.4	-0.18	0.2	0.16	0.14	0.38	-0.45	0.37	0.37
Total Current Assets	0.98	0.88	1.0	0.91	-0.97	-0.62	0.26	1.0	0.91	1.0	0.69	0.84	0.72	0.41	-0.39		0.69	0.97	0.95	0.77	0.67	0.51	-0.91	-0.4	-0.72	-0.87
Non Currrent Assets Other	0.81	0.81	0.72	0.9	-0.5	-0.8	0.18	0.68	0.9	0.68	0.55	0.85	0.5	0.17	0.31	0.69		0.7	0.81	0.94	0.63	0.71	-0.73	-0.85	-0.62	-0.72
Net Tangible Assets	0.95	0.83	0.97	0.88	-0.93	-0.69	0.43	0.96	0.88	0.96	0.79	0.88	0.73	0.35	-0.4	0.97	0.7		0.96	0.82	0.53	0.59	-0.97	-0.47	-0.83	-0.95
Common Stock	0.99	0.9	0.97	0.97	-0.86	-0.82	0.24	0.95	0.97	0.95	0.7	0.96	0.72	0.32	-0.18	0.95	0.81	0.96		0.9	0.69	0.62	-0.91	-0.58	-0.74	-0.88
Property Plant Equipment	0.87	0.84	0.8	0.94	-0.6	-0.91	0.26	0.76	0.94	0.76	0.64	0.95	0.57	0.3	0.2	0.77	0.94	0.82	0.9		0.62	0.72	-0.81	-0.81	-0.68	-0.8
Other Current Liab	0.74	0.87	0.67	0.77	-0.55	-0.51	-0.38	0.7	0.77	0.7	0.09	0.61	0.26	0.18	0.16	0.67	0.63	0.53	0.69	0.62		0.31	-0.46	-0.29	-0.26	-0.39
Other Assets	0.58	0.56	0.53	0.62	-0.41	-0.67	0.37	0.5	0.62	0.5	0.5	0.68	0.44	0.22	0.14	0.51	0.71	0.59	0.62	0.72	0.31		-0.62	-0.55	-0.65	-0.63
Short Long Term Debt Total	-0.9	-0.8	-0.92	-0.84	0.88	0.67	-0.52	-0.89	-0.84	-0.89	-0.81	-0.83	-0.7	-0.31	0.38	-0.91	-0.73	-0.97	-0.91	-0.81	-0.46	-0.62		0.5	0.92	1.0
Other Liab	-0.54	-0.45	-0.44	-0.66	0.2	0.75	-0.16	-0.39	-0.66	-0.39	-0.42	-0.72	-0.32	-0.15	-0.45	-0.4	-0.85	-0.47	-0.58	-0.81	-0.29	-0.55	0.5		0.45	0.52
Long Term Debt	-0.71	-0.6	-0.74	-0.66	0.73	0.59	-0.55	-0.71	-0.66	-0.71	-0.71	-0.69	-0.57	-0.28	0.37	-0.72	-0.62	-0.83	-0.74	-0.68	-0.26	-0.65	0.92	0.45		0.93
Non Current Liabilities Total	-0.86	-0.76	-0.88	-0.81	0.84	0.67	-0.59	-0.85	-0.81	-0.85	-0.84	-0.82	-0.7	-0.3	0.37	-0.87	-0.72	-0.95	-0.88	-0.8	-0.39	-0.63	1.0	0.52	0.93

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FPX Nickel Account Relationship Matchups

FPX Nickel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.5M	16.3M	30.5M	42.3M	59.9M	62.9M
Total Current Liabilities	236.1K	215.0K	536.8K	654.5K	1.1M	1.2M
Total Stockholder Equity	3.3M	12.7M	29.8M	39.9M	56.1M	58.9M
Property Plant And Equipment Net	9.6M	10.3M	14.5M	21.6M	29.9M	31.4M
Net Debt	6.3M	(2.4M)	(14.3M)	(17.9M)	(28.7M)	(27.2M)
Retained Earnings	(36.6M)	(38.4M)	(42.2M)	(45.9M)	(50.2M)	(47.7M)
Accounts Payable	41.9K	97.4K	433.2K	518.9K	961.29	913.23
Cash	1.7M	5.8M	14.5M	18.0M	28.9M	30.4M
Non Current Assets Total	9.7M	10.4M	14.6M	21.8M	30.1M	31.6M
Cash And Short Term Investments	1.7M	5.8M	14.5M	18.0M	28.9M	30.4M
Net Receivables	35.4K	57.9K	1.3M	2.2M	726.5K	762.9K
Common Stock Shares Outstanding	148.5M	165.3M	205.8M	217.7M	261.3M	274.3M
Liabilities And Stockholders Equity	11.5M	16.3M	30.5M	42.3M	59.9M	62.9M
Other Current Assets	40.1K	24.4K	37.2K	279.3K	126.4K	132.7K
Other Stockholder Equity	6.4M	6.9M	9.5M	11.4M	13.2M	9.8M
Total Liab	8.2M	3.6M	690.9K	718.4K	2.3M	1.9M
Total Current Assets	1.8M	5.9M	15.9M	20.5M	29.8M	31.3M
Accumulated Other Comprehensive Income	6.4M	6.9M	9.5M	10.5M	924.8K	878.6K
Non Currrent Assets Other	117.7K	133.3K	133.6K	158.0K	188.1K	192.0K
Net Tangible Assets	2.8M	3.3M	12.7M	29.8M	34.2M	35.9M
Common Stock	33.5M	44.2M	62.5M	75.3M	93.9M	98.6M
Property Plant Equipment	9.2M	9.6M	10.3M	14.5M	16.6M	17.5M
Other Current Liab	164.9K	83.7K	20K	45.5K	961.3K	1.0M
Other Assets	117.5K	117.7K	133.3K	133.6K	153.6K	78.6K
Short Long Term Debt Total	8.0M	3.4M	237.7K	154.1K	269.4K	256.0K
Long Term Debt	6.9M	7.9M	7.9M	3.4M	3.0M	5.4M
Non Current Liabilities Total	8.0M	3.4M	154.1K	63.9K	1.2M	1.1M
Net Invested Capital	11.2M	16.0M	29.8M	39.9M	56.1M	58.9M
Net Working Capital	1.6M	5.7M	15.3M	19.8M	28.7M	30.1M
Capital Stock	33.5M	44.2M	62.5M	75.3M	93.9M	62.6M

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