Hemisphere Book Value Per Share vs Dividend Yield Analysis
HME Stock | CAD 1.88 0.07 3.59% |
Hemisphere Energy financial indicator trend analysis is much more than just examining Hemisphere Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hemisphere Energy is a good investment. Please check the relationship between Hemisphere Energy Book Value Per Share and its Dividend Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hemisphere Energy. 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.
Book Value Per Share vs Dividend Yield
Book Value Per Share vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hemisphere Energy Book Value Per Share account and Dividend Yield. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hemisphere Energy's Book Value Per Share and Dividend Yield is 0.31. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Hemisphere Energy, assuming nothing else is changed. The correlation between historical values of Hemisphere Energy's Book Value Per Share and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Hemisphere Energy are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Book Value Per Share i.e., Hemisphere Energy's Book Value Per Share and Dividend Yield go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Dividend Yield
Dividend Yield is Hemisphere Energy dividend as a percentage of Hemisphere Energy stock price. Hemisphere Energy dividend yield is a measure of Hemisphere Energy stock productivity, which can be interpreted as interest rate earned on an Hemisphere Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Hemisphere Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hemisphere Energy 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hemisphere Energy. 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, Hemisphere Energy's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 453.7 K in 2024, whereas Selling General Administrative is likely to drop slightly above 2.8 M in 2024.
Hemisphere Energy fundamental ratios Correlations
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Hemisphere Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hemisphere Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 61.5M | 52.5M | 67.1M | 78.0M | 90.7M | 95.3M | |
Total Current Liabilities | 2.9M | 2.4M | 14.6M | 7.8M | 11.4M | 12.0M | |
Total Stockholder Equity | 18.1M | 16.3M | 25.8M | 53M | 61.2M | 64.3M | |
Property Plant And Equipment Net | 56.7M | 48.9M | 61.8M | 72.1M | 74.1M | 77.8M | |
Net Debt | 32.0M | 24.9M | 20.7M | 3.8M | (3.8M) | (3.6M) | |
Retained Earnings | (38.6M) | (39.2M) | (33.3M) | (19.5M) | (8.4M) | (8.8M) | |
Accounts Payable | 1.9M | 1.3M | 7.2M | 6.4M | 3.3M | 1.9M | |
Cash | 1.2M | 435.4K | (2.6M) | 152K | 7.2M | 7.5M | |
Non Current Assets Total | 57.2M | 49.3M | 61.9M | 72.2M | 76.4M | 80.2M | |
Non Currrent Assets Other | 661.6K | 401.7K | 264.9K | 116K | 2.2M | 2.3M | |
Cash And Short Term Investments | 1.2M | 435.4K | (2.2M) | 152K | 7.2M | 7.5M | |
Net Receivables | 2.8M | 1.9M | 4.2M | 4.8M | 5.8M | 6.0M | |
Common Stock Shares Outstanding | 90.4M | 88.2M | 92.4M | 101.2M | 101.9M | 107.0M | |
Liabilities And Stockholders Equity | 61.5M | 52.5M | 67.1M | 78.0M | 90.7M | 95.3M | |
Non Current Liabilities Total | 40.5M | 33.8M | 26.8M | 17.2M | 18.1M | 19.0M | |
Other Stockholder Equity | 1.1M | 1.2M | 2.6M | 5.3M | 6.4M | 10.5M | |
Total Liab | 43.5M | 36.2M | 41.3M | 25.0M | 29.5M | 31.0M | |
Total Current Assets | 4.3M | 3.2M | 5.2M | 5.8M | 14.3M | 15.0M | |
Other Current Assets | 330.8K | 827.3K | 1.0M | 828K | 1.4M | 1.4M | |
Short Long Term Debt Total | 33.1M | 25.3M | 18.1M | 3.9M | 3.4M | 3.2M | |
Other Liab | 7.5M | 8.5M | 9.1M | 13.9M | 16.0M | 16.8M | |
Net Tangible Assets | 16.8M | 16.3M | 25.8M | 53M | 61.0M | 64.0M | |
Other Assets | 880.8K | 517.2K | 380.4K | 116K | 104.4K | 99.2K | |
Common Stock | 54.6M | 54.3M | 56.5M | 67.1M | 63.2M | 59.1M | |
Property Plant Equipment | 56.7M | 48.9M | 61.8M | 72.1M | 82.9M | 51.4M | |
Long Term Debt | 33.3M | 32.8M | 25.0M | 15.5M | 14.0M | 19.8M | |
Net Invested Capital | 50.8M | 41.3M | 41.3M | 53M | 61.2M | 52.6M | |
Net Working Capital | 1.4M | 784.4K | (9.3M) | (2.0M) | 2.9M | 3.1M | |
Capital Stock | 54.6M | 54.3M | 56.5M | 67.1M | 63.2M | 64.3M |
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When running Hemisphere Energy's price analysis, check to measure Hemisphere Energy'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 Hemisphere Energy is operating at the current time. Most of Hemisphere Energy's value examination focuses on studying past and present price action to predict the probability of Hemisphere Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hemisphere Energy's price. Additionally, you may evaluate how the addition of Hemisphere Energy to your portfolios can decrease your overall portfolio volatility.