ITR Stock | | | CAD 1.30 0.01 0.76% |
Integra Resources financial indicator trend analysis is infinitely more than just investigating Integra Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Integra Resources Corp is a good investment. Please check the relationship between Integra Resources Capex To Depreciation and its Pb Ratio accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources 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.
Capex To Depreciation vs Pb Ratio
Capex To Depreciation vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Integra Resources Corp Capex To Depreciation account and
Pb Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Integra Resources' Capex To Depreciation and Pb Ratio is 0.23. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Integra Resources Corp, assuming nothing else is changed. The correlation between historical values of Integra Resources' Capex To Depreciation and Pb 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 Capex To Depreciation of Integra Resources Corp are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Capex To Depreciation i.e., Integra Resources' Capex To Depreciation and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
Pb Ratio
Most indicators from Integra Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Integra Resources 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integra Resources 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, Integra Resources'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 36.9
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 16.9
M in 2024.
Integra Resources fundamental ratios Correlations
Click cells to compare fundamentals
Integra Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Integra Resources fundamental ratios Accounts
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