Los Book Value Per Share vs Pb Ratio Analysis
LA Stock | CAD 7.25 0.52 7.73% |
Los Andes financial indicator trend analysis is infinitely more than just investigating Los Andes Copper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Los Andes Copper is a good investment. Please check the relationship between Los Andes Book Value Per Share and its Pb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Los Andes Copper. 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 Pb Ratio
Book Value Per Share vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Los Andes Copper Book Value Per Share account and Pb Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Los Andes' Book Value Per Share and Pb Ratio is 0.35. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Los Andes Copper, assuming nothing else is changed. The correlation between historical values of Los Andes' Book Value Per Share 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 Book Value Per Share of Los Andes Copper 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 Book Value Per Share i.e., Los Andes' Book Value Per Share and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.35 |
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.Pb Ratio
Most indicators from Los Andes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Los Andes Copper 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Los Andes Copper. 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, Los Andes' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 12.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (116.75) in 2024.
Los Andes fundamental ratios Correlations
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Los Andes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Los Andes fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 89.7M | 91.1M | 97.2M | 110.9M | 127.5M | 133.9M | |
Total Current Liabilities | 955.7K | 969.0K | 2.1M | 1.3M | 1.5M | 952.5K | |
Total Stockholder Equity | 79.4M | 75.0M | 62.0M | 81.8M | 94.0M | 48.0M | |
Net Debt | (3.8M) | (4.5M) | 6.1M | (21.2M) | (19.1M) | (18.2M) | |
Retained Earnings | (25.6M) | (27.3M) | (38.2M) | (38.3M) | (34.4M) | (32.7M) | |
Accounts Payable | 856.6K | 829.6K | 1.8M | 1.1M | 1.2M | 684.5K | |
Cash | 4.0M | 8.8M | 6.3M | 34.5M | 39.7M | 41.7M | |
Non Current Assets Total | 83.3M | 82.1M | 90.6M | 75.8M | 87.2M | 52.2M | |
Cash And Short Term Investments | 4.0M | 8.8M | 6.3M | 34.5M | 39.7M | 41.7M | |
Net Receivables | 2.3M | 7.7K | 3.4K | 316.6K | 364.1K | 382.3K | |
Common Stock Shares Outstanding | 27.2M | 27.2M | 27.2M | 28.3M | 32.6M | 34.2M | |
Liabilities And Stockholders Equity | 89.7M | 91.1M | 97.2M | 110.9M | 127.5M | 133.9M | |
Non Current Liabilities Total | 9.4M | 15.1M | 33.0M | 27.8M | 32.0M | 33.6M | |
Other Stockholder Equity | 3.5M | 1.6M | (1.2M) | (3.9M) | (3.5M) | (3.3M) | |
Total Liab | 10.3M | 16.1M | 35.1M | 29.1M | 33.5M | 35.2M | |
Total Current Assets | 6.4M | 9.0M | 6.6M | 35.1M | 40.3M | 42.4M | |
Property Plant And Equipment Net | 75.0M | 73.8M | 82.3M | 67.6M | 77.7M | 52.3M | |
Non Currrent Assets Other | (139.6K) | (1.5M) | (1.4M) | (5.2M) | (4.7M) | (4.5M) | |
Accumulated Other Comprehensive Income | 1.6M | (1.2M) | (3.9M) | (3.4M) | (3.9M) | (3.7M) | |
Other Current Assets | 142.5K | 190.4K | 259.2K | 214.3K | 246.5K | 258.8K | |
Other Liab | 8.7M | 9.2M | 10.9M | 20.8M | 23.9M | 25.1M | |
Net Tangible Assets | 75.0M | 71.1M | 66.7M | 53.8M | 48.4M | 54.5M | |
Property Plant Equipment | 83.2M | 75.0M | 73.8M | 82.3M | 94.7M | 84.0M | |
Net Invested Capital | 79.4M | 79.2M | 74.3M | 95.0M | 109.2M | 90.7M | |
Net Working Capital | 5.4M | 8.0M | 4.5M | 33.8M | 38.8M | 40.8M |
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When running Los Andes' price analysis, check to measure Los Andes' 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 Los Andes is operating at the current time. Most of Los Andes' value examination focuses on studying past and present price action to predict the probability of Los Andes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Los Andes' price. Additionally, you may evaluate how the addition of Los Andes to your portfolios can decrease your overall portfolio volatility.