Inventus Average Payables vs Pfcf Ratio Analysis

IVS Stock  CAD 0.07  0.01  16.67%   
Inventus Mining financial indicator trend analysis is infinitely more than just investigating Inventus Mining Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inventus Mining Corp is a good investment. Please check the relationship between Inventus Mining Average Payables and its Pfcf Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inventus 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.

Average Payables vs Pfcf Ratio

Average Payables vs Pfcf Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inventus Mining Corp Average Payables account and Pfcf Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Inventus Mining's Average Payables and Pfcf Ratio is -0.42. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Inventus Mining Corp, assuming nothing else is changed. The correlation between historical values of Inventus Mining's Average Payables and Pfcf 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 Average Payables of Inventus Mining Corp are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Average Payables i.e., Inventus Mining's Average Payables and Pfcf Ratio go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Pfcf Ratio

Most indicators from Inventus Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inventus 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inventus 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.
Selling General Administrative is likely to drop to about 173.2 K in 2024. Issuance Of Capital Stock is likely to drop to about 285 K in 2024

Inventus Mining fundamental ratios Correlations

0.221.00.98-0.770.73-0.170.760.990.710.48-0.560.650.840.74-0.16-0.010.50.66-0.640.60.690.590.60.69-0.07
0.220.180.2-0.530.060.380.560.140.51-0.06-0.040.30.50.47-0.160.590.340.28-0.070.250.210.250.250.15-0.19
1.00.180.99-0.760.74-0.20.760.990.710.49-0.570.670.810.74-0.15-0.030.490.65-0.650.60.690.580.60.69-0.05
0.980.20.99-0.730.74-0.190.730.990.640.45-0.570.720.790.67-0.220.00.450.65-0.660.560.660.550.560.72-0.14
-0.77-0.53-0.76-0.73-0.540.04-1.0-0.67-0.93-0.560.45-0.61-0.67-0.940.19-0.23-0.58-0.590.47-0.66-0.69-0.66-0.66-0.460.0
0.730.060.740.74-0.54-0.560.540.730.460.31-0.940.250.490.48-0.120.320.720.87-0.960.830.890.810.830.94-0.07
-0.170.38-0.2-0.190.04-0.56-0.05-0.17-0.09-0.110.710.090.21-0.1-0.170.16-0.06-0.180.6-0.22-0.28-0.17-0.22-0.46-0.27
0.760.560.760.73-1.00.54-0.050.670.940.56-0.450.620.670.94-0.180.220.570.58-0.480.660.680.650.660.480.0
0.990.140.990.99-0.670.73-0.170.670.590.42-0.560.620.830.63-0.21-0.040.460.65-0.650.560.650.550.560.7-0.13
0.710.510.710.64-0.930.46-0.090.940.590.51-0.360.590.60.990.170.190.520.5-0.390.580.620.560.580.40.25
0.48-0.060.490.45-0.560.31-0.110.560.420.51-0.250.490.280.58-0.15-0.260.170.14-0.260.360.370.350.360.24-0.02
-0.56-0.04-0.57-0.570.45-0.940.71-0.45-0.56-0.36-0.25-0.1-0.32-0.380.13-0.28-0.59-0.720.92-0.72-0.77-0.69-0.72-0.87-0.04
0.650.30.670.72-0.610.250.090.620.620.590.49-0.10.420.59-0.14-0.150.00.16-0.190.10.20.10.10.29-0.12
0.840.50.810.79-0.670.490.210.670.830.60.28-0.320.420.63-0.230.180.560.6-0.430.560.580.560.560.52-0.21
0.740.470.740.67-0.940.48-0.10.940.630.990.58-0.380.590.630.140.140.530.5-0.410.60.640.580.60.410.23
-0.16-0.16-0.15-0.220.19-0.12-0.17-0.18-0.210.17-0.150.13-0.14-0.230.140.040.0-0.110.17-0.1-0.04-0.11-0.1-0.130.7
-0.010.59-0.030.0-0.230.320.160.22-0.040.19-0.26-0.28-0.150.180.140.040.70.63-0.240.560.520.560.560.28-0.19
0.50.340.490.45-0.580.72-0.060.570.460.520.17-0.590.00.560.530.00.70.93-0.630.960.930.960.960.64-0.13
0.660.280.650.65-0.590.87-0.180.580.650.50.14-0.720.160.60.5-0.110.630.93-0.780.930.950.930.930.78-0.18
-0.64-0.07-0.65-0.660.47-0.960.6-0.48-0.65-0.39-0.260.92-0.19-0.43-0.410.17-0.24-0.63-0.78-0.75-0.79-0.75-0.75-0.950.08
0.60.250.60.56-0.660.83-0.220.660.560.580.36-0.720.10.560.6-0.10.560.960.93-0.750.980.991.00.73-0.14
0.690.210.690.66-0.690.89-0.280.680.650.620.37-0.770.20.580.64-0.040.520.930.95-0.790.980.970.980.78-0.07
0.590.250.580.55-0.660.81-0.170.650.550.560.35-0.690.10.560.58-0.110.560.960.93-0.750.990.970.990.72-0.15
0.60.250.60.56-0.660.83-0.220.660.560.580.36-0.720.10.560.6-0.10.560.960.93-0.751.00.980.990.73-0.14
0.690.150.690.72-0.460.94-0.460.480.70.40.24-0.870.290.520.41-0.130.280.640.78-0.950.730.780.720.73-0.14
-0.07-0.19-0.05-0.140.0-0.07-0.270.0-0.130.25-0.02-0.04-0.12-0.210.230.7-0.19-0.13-0.180.08-0.14-0.07-0.15-0.14-0.14
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Inventus Mining Account Relationship Matchups

Inventus Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets117.7K1.9M881.4K888.1K492.4K467.8K
Total Current Liabilities127.4K97.9K664.9K418.5K241.7K259.2K
Total Stockholder Equity(61.8K)1.7M126.3K353.2K110.9K105.3K
Net Debt44.7K(403.9K)(368.5K)(688.8K)(224.0K)(235.2K)
Retained Earnings(24.9M)(24.9M)(29.0M)(31.0M)(31.5M)(29.9M)
Accounts Payable59.0K108.9K74.7K528.5K607.7K638.1K
Cash26.0K496.0K437.4K724.9K289.6K275.2K
Non Current Assets Total64.2K158.5K137.8K116.4K186.2K176.9K
Cash And Short Term Investments26.0K1.7M692.2K724.9K289.6K275.2K
Net Receivables13.4K21.1K32.2K27.8K964.0915.8
Common Stock Shares Outstanding110.3M122.2M132.1M141.8M166.9M175.2M
Liabilities And Stockholders Equity117.7K1.9M881.4K888.1K492.4K467.8K
Other Stockholder Equity5.4M5.7M6.0M6.2M6.2M6.4M
Total Liab179.6K166.9K755.1K534.9K381.6K451.8K
Total Current Assets53.5K1.7M743.6K771.7K306.2K290.9K
Accumulated Other Comprehensive Income151.2K439.7K249.2K271.2K336.6K335.5K
Other Current Liab108.9K74.7K636.0K382.4K199.5K199.7K
Non Currrent Assets Other0.064.2K115.7K116.4K104.7K123.4K
Non Current Liabilities Total52.1K68.9K90.2K116.4K139.8K242.0K
Net Tangible Assets499.0K(61.8K)1.7M126.3K113.7K108.0K
Other Current Assets14.1K42.2K19.3K19.0K15.6K18.0K
Net Invested Capital(61.8K)1.8M166.3K389.3K150.9K143.3K
Net Working Capital(74.0K)1.6M78.7K353.2K64.5K61.2K

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Additional Tools for Inventus Stock Analysis

When running Inventus Mining's price analysis, check to measure Inventus Mining'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 Inventus Mining is operating at the current time. Most of Inventus Mining's value examination focuses on studying past and present price action to predict the probability of Inventus Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inventus Mining's price. Additionally, you may evaluate how the addition of Inventus Mining to your portfolios can decrease your overall portfolio volatility.