Maritime Free Cash Flow Yield vs Ptb Ratio Analysis

MAE Stock

CAD 0.06 0 4.55%

Maritime Resources financial indicator trend analysis is infinitely more than just investigating Maritime Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maritime Resources Corp is a good investment. Please check the relationship between Maritime Resources Free Cash Flow Yield and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maritime 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.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maritime Resources Corp Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Maritime Resources' Free Cash Flow Yield and Ptb Ratio is 0.45. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Maritime Resources Corp, assuming nothing else is changed. The correlation between historical values of Maritime Resources' Free Cash Flow Yield and Ptb 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 Free Cash Flow Yield of Maritime Resources Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Maritime Resources' Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Maritime Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maritime 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maritime 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.

Selling General Administrative is likely to drop to about 1.3 M in 2024. Tax Provision is expected to grow at the current pace this year

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	82.6K	171.3K	170.2K	113.3K
Depreciation And Amortization	82.6K	171.3K	170.2K	103.3K

Reconciled Depreciation Depreciation And Amortization

Maritime Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Retained Earnings	Net Receivables	Other Stockholder Equity	Property Plant And Equipment Net	Non Current Liabilities Total	Short Long Term Debt Total	Other Current Liab	Current Deferred Revenue	Short Term Debt	Net Tangible Assets	Short Long Term Debt	Common Stock	Property Plant Equipment	Other Current Assets	Non Currrent Assets Other
Total Assets		0.66	0.99	0.26	0.88	0.47	1.0	0.47	1.0	0.84	0.58	-0.94	0.86	-0.22	0.66	0.81	0.77	0.78	-0.8	-0.48	0.99	0.56	0.99	0.99	0.94	0.64
Total Current Liabilities	0.66		0.72	-0.29	0.81	0.71	0.62	0.71	0.65	0.33	0.77	-0.71	0.39	-0.15	0.72	0.26	0.22	0.35	-0.31	-0.37	0.67	0.7	0.7	0.63	0.5	0.05
Total Stockholder Equity	0.99	0.72		0.11	0.92	0.57	0.97	0.57	0.99	0.73	0.67	-0.95	0.77	-0.22	0.78	0.69	0.65	0.67	-0.76	-0.53	0.99	0.6	1.0	0.98	0.88	0.51
Net Debt	0.26	-0.29	0.11		-0.15	-0.69	0.33	-0.69	0.24	0.69	-0.58	-0.06	0.58	0.04	-0.41	0.73	0.77	0.66	-0.53	0.33	0.18	-0.21	0.12	0.26	0.46	0.79
Accounts Payable	0.88	0.81	0.92	-0.15		0.77	0.84	0.77	0.88	0.58	0.84	-0.89	0.66	-0.31	0.77	0.53	0.47	0.52	-0.58	-0.6	0.9	0.57	0.92	0.86	0.77	0.34
Cash	0.47	0.71	0.57	-0.69	0.77		0.39	1.0	0.47	0.05	0.98	-0.6	0.19	-0.21	0.7	-0.01	-0.06	0.06	-0.03	-0.64	0.52	0.57	0.57	0.44	0.31	-0.15
Non Current Assets Total	1.0	0.62	0.97	0.33	0.84	0.39		0.39	0.99	0.87	0.51	-0.92	0.88	-0.2	0.63	0.84	0.8	0.8	-0.83	-0.44	0.99	0.52	0.97	0.99	0.95	0.68
Cash And Short Term Investments	0.47	0.71	0.57	-0.69	0.77	1.0	0.39		0.47	0.05	0.98	-0.6	0.19	-0.21	0.7	-0.01	-0.06	0.06	-0.03	-0.64	0.52	0.57	0.57	0.44	0.31	-0.15
Common Stock Shares Outstanding	1.0	0.65	0.99	0.24	0.88	0.47	0.99	0.47		0.82	0.58	-0.95	0.84	-0.23	0.68	0.79	0.75	0.75	-0.81	-0.49	1.0	0.58	0.99	0.99	0.94	0.63
Total Liab	0.84	0.33	0.73	0.69	0.58	0.05	0.87	0.05	0.82		0.18	-0.7	0.98	-0.16	0.16	1.0	0.99	0.96	-0.78	-0.2	0.79	0.29	0.75	0.81	0.94	0.93
Total Current Assets	0.58	0.77	0.67	-0.58	0.84	0.98	0.51	0.98	0.58	0.18		-0.7	0.31	-0.23	0.72	0.12	0.07	0.17	-0.15	-0.66	0.62	0.64	0.66	0.55	0.43	-0.03
Retained Earnings	-0.94	-0.71	-0.95	-0.06	-0.89	-0.6	-0.92	-0.6	-0.95	-0.7	-0.7		-0.74	0.33	-0.72	-0.66	-0.61	-0.64	0.68	0.63	-0.94	-0.75	-0.96	-0.92	-0.89	-0.52
Net Receivables	0.86	0.39	0.77	0.58	0.66	0.19	0.88	0.19	0.84	0.98	0.31	-0.74		-0.19	0.2	0.97	0.96	0.94	-0.73	-0.27	0.82	0.31	0.78	0.83	0.96	0.91
Other Stockholder Equity	-0.22	-0.15	-0.22	0.04	-0.31	-0.21	-0.2	-0.21	-0.23	-0.16	-0.23	0.33	-0.19		-0.17	-0.15	-0.15	-0.08	0.18	0.11	-0.24	-0.2	-0.27	-0.23	-0.25	-0.07
Property Plant And Equipment Net	0.66	0.72	0.78	-0.41	0.77	0.7	0.63	0.7	0.68	0.16	0.72	-0.72	0.2	-0.17		0.11	0.05	0.09	-0.43	-0.51	0.72	0.57	0.76	0.7	0.41	-0.12
Non Current Liabilities Total	0.81	0.26	0.69	0.73	0.53	-0.01	0.84	-0.01	0.79	1.0	0.12	-0.66	0.97	-0.15	0.11		1.0	0.96	-0.77	-0.18	0.75	0.24	0.71	0.78	0.92	0.95
Short Long Term Debt Total	0.77	0.22	0.65	0.77	0.47	-0.06	0.8	-0.06	0.75	0.99	0.07	-0.61	0.96	-0.15	0.05	1.0		0.95	-0.75	-0.1	0.71	0.21	0.66	0.74	0.9	0.95
Other Current Liab	0.78	0.35	0.67	0.66	0.52	0.06	0.8	0.06	0.75	0.96	0.17	-0.64	0.94	-0.08	0.09	0.96	0.95		-0.68	-0.19	0.72	0.29	0.68	0.74	0.88	0.91
Current Deferred Revenue	-0.8	-0.31	-0.76	-0.53	-0.58	-0.03	-0.83	-0.03	-0.81	-0.78	-0.15	0.68	-0.73	0.18	-0.43	-0.77	-0.75	-0.68		0.2	-0.79	-0.28	-0.77	-0.83	-0.78	-0.65
Short Term Debt	-0.48	-0.37	-0.53	0.33	-0.6	-0.64	-0.44	-0.64	-0.49	-0.2	-0.66	0.63	-0.27	0.11	-0.51	-0.18	-0.1	-0.19	0.2		-0.5	-0.4	-0.53	-0.45	-0.4	-0.18
Net Tangible Assets	0.99	0.67	0.99	0.18	0.9	0.52	0.99	0.52	1.0	0.79	0.62	-0.94	0.82	-0.24	0.72	0.75	0.71	0.72	-0.79	-0.5		0.57	1.0	0.99	0.92	0.58
Short Long Term Debt	0.56	0.7	0.6	-0.21	0.57	0.57	0.52	0.57	0.58	0.29	0.64	-0.75	0.31	-0.2	0.57	0.24	0.21	0.29	-0.28	-0.4	0.57		0.61	0.53	0.5	0.13
Common Stock	0.99	0.7	1.0	0.12	0.92	0.57	0.97	0.57	0.99	0.75	0.66	-0.96	0.78	-0.27	0.76	0.71	0.66	0.68	-0.77	-0.53	1.0	0.61		0.99	0.9	0.53
Property Plant Equipment	0.99	0.63	0.98	0.26	0.86	0.44	0.99	0.44	0.99	0.81	0.55	-0.92	0.83	-0.23	0.7	0.78	0.74	0.74	-0.83	-0.45	0.99	0.53	0.99		0.92	0.61
Other Current Assets	0.94	0.5	0.88	0.46	0.77	0.31	0.95	0.31	0.94	0.94	0.43	-0.89	0.96	-0.25	0.41	0.92	0.9	0.88	-0.78	-0.4	0.92	0.5	0.9	0.92		0.83
Non Currrent Assets Other	0.64	0.05	0.51	0.79	0.34	-0.15	0.68	-0.15	0.63	0.93	-0.03	-0.52	0.91	-0.07	-0.12	0.95	0.95	0.91	-0.65	-0.18	0.58	0.13	0.53	0.61	0.83

Click cells to compare fundamentals

Maritime Resources Account Relationship Matchups

Maritime Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.1M	26.2M	38.1M	39.9M	52.9M	55.6M
Total Current Liabilities	511.0K	1.2M	1.1M	927.8K	1.0M	557.0K
Total Stockholder Equity	13.6M	24.9M	35.9M	37.9M	39.0M	40.9M
Net Debt	(1.8M)	(6.4M)	(3.9M)	(2.1M)	4.6M	4.8M
Accounts Payable	364.4K	943.2K	724.2K	742.7K	720.0K	756.0K
Cash	1.8M	6.4M	4.3M	2.5M	1.1M	1.5M
Non Current Assets Total	12.0M	19.3M	33.3M	36.9M	50.4M	52.9M
Cash And Short Term Investments	1.8M	6.4M	4.3M	2.5M	1.1M	1.5M
Common Stock Shares Outstanding	173.3M	247.3M	377.1M	420.4M	523.1M	549.3M
Liabilities And Stockholders Equity	14.1M	26.2M	38.1M	39.9M	52.9M	55.6M
Total Liab	511.0K	1.3M	2.2M	2.0M	14.0M	14.7M
Total Current Assets	2.1M	6.9M	4.8M	3.0M	2.6M	1.7M
Retained Earnings	(9.5M)	(10.7M)	(12.0M)	(13.5M)	(15.7M)	(14.9M)
Net Receivables	161.5K	340.0K	298.2K	136.7K	1.2M	1.2M
Other Stockholder Equity	2.5M	2.2M	2.8M	2.2M	2.0M	2.2M
Property Plant And Equipment Net	12.0M	18.7M	33.2M	36.8M	11.3M	13.0M
Other Current Liab	47.6K	203.6K	223.3K	102.7K	887.4K	931.8K
Accumulated Other Comprehensive Income	2.5M	2.2M	2.8M	2.2M	2.7M	1.7M
Net Tangible Assets	13.6M	24.9M	35.9M	37.9M	43.6M	45.7M
Common Stock	20.6M	33.4M	45.1M	49.2M	52.0M	54.6M
Property Plant Equipment	12.0M	18.7M	33.2M	36.8M	42.3M	44.5M
Other Current Assets	120.2K	116.3K	141.6K	137.8K	349.9K	367.4K
Non Currrent Assets Other	12.0M	576.0K	119.9K	111.7K	38.8M	40.8M
Net Invested Capital	13.6M	24.9M	35.9M	37.9M	44.2M	27.2M
Net Working Capital	1.6M	5.6M	3.6M	2.1M	1.6M	2.6M
Capital Stock	20.6M	33.4M	45.1M	49.2M	52.0M	39.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Maritime Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC