Inventus Book Value Per Share vs Days Payables Outstanding 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 Book Value Per Share and its Days Payables Outstanding 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.
Book Value Per Share vs Days Payables Outstanding
Book Value Per Share vs Days Payables Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inventus Mining Corp Book Value Per Share account and Days Payables Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Inventus Mining's Book Value Per Share and Days Payables Outstanding is -0.59. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Days Payables Outstanding 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 Book Value Per Share and Days Payables Outstanding 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 Inventus Mining Corp are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Book Value Per Share i.e., Inventus Mining's Book Value Per Share and Days Payables Outstanding go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
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.Days Payables Outstanding
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
Click cells to compare fundamentals
Inventus Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inventus Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 117.7K | 1.9M | 881.4K | 888.1K | 492.4K | 467.8K | |
Total Current Liabilities | 127.4K | 97.9K | 664.9K | 418.5K | 241.7K | 259.2K | |
Total Stockholder Equity | (61.8K) | 1.7M | 126.3K | 353.2K | 110.9K | 105.3K | |
Net Debt | 44.7K | (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 Payable | 59.0K | 108.9K | 74.7K | 528.5K | 607.7K | 638.1K | |
Cash | 26.0K | 496.0K | 437.4K | 724.9K | 289.6K | 275.2K | |
Non Current Assets Total | 64.2K | 158.5K | 137.8K | 116.4K | 186.2K | 176.9K | |
Cash And Short Term Investments | 26.0K | 1.7M | 692.2K | 724.9K | 289.6K | 275.2K | |
Net Receivables | 13.4K | 21.1K | 32.2K | 27.8K | 964.0 | 915.8 | |
Common Stock Shares Outstanding | 110.3M | 122.2M | 132.1M | 141.8M | 166.9M | 175.2M | |
Liabilities And Stockholders Equity | 117.7K | 1.9M | 881.4K | 888.1K | 492.4K | 467.8K | |
Other Stockholder Equity | 5.4M | 5.7M | 6.0M | 6.2M | 6.2M | 6.4M | |
Total Liab | 179.6K | 166.9K | 755.1K | 534.9K | 381.6K | 451.8K | |
Total Current Assets | 53.5K | 1.7M | 743.6K | 771.7K | 306.2K | 290.9K | |
Accumulated Other Comprehensive Income | 151.2K | 439.7K | 249.2K | 271.2K | 336.6K | 335.5K | |
Other Current Liab | 108.9K | 74.7K | 636.0K | 382.4K | 199.5K | 199.7K | |
Non Currrent Assets Other | 0.0 | 64.2K | 115.7K | 116.4K | 104.7K | 123.4K | |
Non Current Liabilities Total | 52.1K | 68.9K | 90.2K | 116.4K | 139.8K | 242.0K | |
Net Tangible Assets | 499.0K | (61.8K) | 1.7M | 126.3K | 113.7K | 108.0K | |
Other Current Assets | 14.1K | 42.2K | 19.3K | 19.0K | 15.6K | 18.0K | |
Net Invested Capital | (61.8K) | 1.8M | 166.3K | 389.3K | 150.9K | 143.3K | |
Net Working Capital | (74.0K) | 1.6M | 78.7K | 353.2K | 64.5K | 61.2K |
Thematic Opportunities
Explore Investment Opportunities
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.