Grid Historical Financial Ratios
GRDM Stock | CAD 0.04 0.01 11.11% |
Grid Metals is recently reporting on over 81 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 2.93 or Days Sales Outstanding of 0.0 will help investors to properly organize and evaluate Grid Metals Corp financial condition quickly.
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About Grid Financial Ratios Analysis
Grid Metals CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Grid Metals investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Grid financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Grid Metals history.
Grid Metals Financial Ratios Chart
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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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most ratios from Grid Metals' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Grid Metals Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Metals 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 population. At this time, Grid Metals' PTB Ratio is fairly stable compared to the past year. PB Ratio is likely to climb to 2.93 in 2024, whereas Free Cash Flow Yield is likely to drop (0.50) in 2024.
2021 | 2023 | 2024 (projected) | PB Ratio | 3.7 | 2.79 | 2.93 | Capex To Depreciation | 3.09 | 2.78 | 2.64 |
Grid Metals fundamentals Correlations
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Grid Metals Account Relationship Matchups
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Grid Metals fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Ptb Ratio | 0.13 | 0.33 | 3.7 | 1.79 | 2.79 | 2.93 | |
Book Value Per Share | 0.67 | 0.52 | 0.0284 | 0.0924 | 0.0359 | 0.0341 | |
Operating Cash Flow Per Share | (0.0138) | (0.0167) | (0.0411) | (0.0337) | (0.0479) | (0.0503) | |
Capex To Depreciation | 1.2K | 15.25 | 164.27 | 3.09 | 2.78 | 2.64 | |
Pb Ratio | 0.13 | 0.33 | 3.7 | 1.79 | 2.79 | 2.93 | |
Free Cash Flow Per Share | (0.0183) | (0.0476) | (0.0411) | (0.0344) | (0.0479) | (0.0503) | |
Roic | (0.0204) | (0.0804) | (1.62) | (0.19) | (1.72) | (1.63) | |
Net Income Per Share | (0.0155) | (0.0389) | (0.044) | 0.002214 | (0.061) | (0.0641) | |
Cash Per Share | 0.0267 | 0.0519 | 0.0332 | 0.0987 | 0.0204 | 0.0194 | |
Pocfratio | (6.18) | (10.45) | (2.56) | (4.89) | (2.09) | (2.19) | |
Capex To Operating Cash Flow | (1.19) | (0.33) | (1.84) | (0.0185) | (0.0167) | (0.0175) | |
Pfcf Ratio | (4.64) | (3.68) | (2.56) | (4.8) | (2.09) | (2.19) | |
Income Quality | 0.89 | 0.43 | 0.93 | (15.24) | 0.79 | 1.42 | |
Roe | (0.023) | (0.0745) | (1.55) | 0.024 | (1.7) | (1.62) | |
Ev To Operating Cash Flow | (4.35) | (7.47) | (1.78) | (2.67) | (2.2) | (2.31) | |
Pe Ratio | (5.5) | (4.49) | (2.39) | 74.54 | (1.64) | (1.72) | |
Return On Tangible Assets | (0.0229) | (0.0708) | (1.28) | 0.0214 | (0.81) | (0.77) | |
Ev To Free Cash Flow | (3.27) | (2.63) | (1.78) | (2.62) | (2.2) | (2.31) | |
Earnings Yield | (0.18) | (0.22) | (0.42) | 0.0134 | (0.61) | (0.58) | |
Net Debt To E B I T D A | 1.66 | 0.93 | 0.73 | (30.96) | (0.0927) | (0.0881) | |
Current Ratio | 6.2 | 5.18 | 6.78 | 9.62 | 2.05 | 1.95 | |
Tangible Book Value Per Share | 0.67 | 0.52 | 0.0284 | 0.0924 | 0.0359 | 0.0341 | |
Graham Number | 0.17 | 0.62 | 0.48 | 0.0678 | 0.22 | 0.21 | |
Shareholders Equity Per Share | 0.67 | 0.52 | 0.0284 | 0.0924 | 0.0359 | 0.0341 | |
Capex Per Share | 0.0142 | 0.004535 | 0.0308 | 6.25E-4 | 7.19E-4 | 6.83E-4 | |
Graham Net Net | 0.0224 | 0.0253 | 0.0277 | 0.0887 | 0.003503 | 0.003327 | |
Enterprise Value Over E B I T D A | (3.95) | (2.33) | (1.67) | 37.33 | (1.78) | (1.87) | |
Price Earnings Ratio | (5.5) | (4.49) | (2.39) | 74.54 | (1.64) | (1.72) | |
Price Book Value Ratio | 0.13 | 0.33 | 3.7 | 1.79 | 2.79 | 2.93 | |
Price Earnings To Growth Ratio | 0.15 | (0.0298) | (0.18) | (0.71) | 5.71E-4 | 5.42E-4 | |
Price To Operating Cash Flows Ratio | (6.18) | (10.45) | (2.56) | (4.89) | (2.09) | (2.19) | |
Price To Free Cash Flows Ratio | (4.64) | (3.68) | (2.56) | (4.8) | (2.09) | (2.19) |
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When running Grid Metals' price analysis, check to measure Grid Metals' 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 Grid Metals is operating at the current time. Most of Grid Metals' value examination focuses on studying past and present price action to predict the probability of Grid Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grid Metals' price. Additionally, you may evaluate how the addition of Grid Metals to your portfolios can decrease your overall portfolio volatility.