Marimaca Roic vs Ptb Ratio Analysis

MARI Stock

CAD 4.85 0.25 4.90%

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

Roic vs Ptb Ratio

Roic vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marimaca Copper Corp Roic account and Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Marimaca Copper's Roic and Ptb Ratio is 0.13. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Marimaca Copper Corp, assuming nothing else is changed. The correlation between historical values of Marimaca Copper's Roic 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 Roic of Marimaca Copper 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 Roic i.e., Marimaca Copper's Roic and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

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 Marimaca Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marimaca Copper 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 Marimaca Copper 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, Marimaca Copper's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Issuance Of Capital Stock is likely to grow to about 16.5 M, while Discontinued Operations is likely to drop (1.3 M).

	2021	2022	2023	2024 (projected)
Interest Income	245K	2.0M	597K	567.2K
Cost Of Revenue	48K	46K	54K	51.3K

Interest Income Cost Of Revenue

Marimaca Copper fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Total	Intangible Assets	Other Current Liab	Short Term Investments	Short Term Debt	Common Stock Total Equity	Inventory	Common Stock
Total Assets		0.13	0.95	0.98	-0.63	-0.89	-0.04	0.8	0.98	-0.11	0.81	0.7	0.95	-0.21	0.58	0.13	0.98	0.89	0.17	-0.56	0.33	-0.38	-0.05	0.85	0.31	0.9
Total Current Liabilities	0.13		-0.17	0.12	0.54	-0.29	0.64	0.18	0.14	0.2	0.17	-0.23	0.07	0.31	-0.33	0.98	0.19	0.09	0.77	0.25	0.35	-0.22	0.86	0.29	0.18	0.2
Total Stockholder Equity	0.95	-0.17		0.93	-0.8	-0.79	-0.23	0.74	0.93	-0.18	0.75	0.77	0.92	-0.3	0.68	-0.18	0.91	0.87	-0.08	-0.63	0.24	-0.31	-0.31	0.75	0.27	0.83
Property Plant And Equipment Net	0.98	0.12	0.93		-0.54	-0.89	-0.01	0.69	1.0	-0.13	0.7	0.74	0.93	-0.19	0.53	0.14	0.99	0.79	0.19	-0.6	0.23	-0.44	-0.07	0.83	0.16	0.87
Net Debt	-0.63	0.54	-0.8	-0.54		0.39	0.42	-0.67	-0.53	0.14	-0.68	-0.5	-0.61	0.31	-0.72	0.56	-0.52	-0.77	0.34	0.42	-0.28	-0.01	0.61	-0.43	-0.45	-0.54
Retained Earnings	-0.89	-0.29	-0.79	-0.89	0.39		-0.06	-0.67	-0.89	0.02	-0.67	-0.64	-0.95	0.12	-0.29	-0.29	-0.88	-0.76	-0.3	0.45	-0.3	0.48	-0.08	-0.9	-0.28	-0.93
Accounts Payable	-0.04	0.64	-0.23	-0.01	0.42	-0.06		-0.14	0.0	0.21	-0.15	-0.05	-0.15	0.87	-0.36	0.7	0.03	-0.11	0.68	0.18	0.38	-0.19	0.34	0.05	0.04	-0.03
Cash	0.8	0.18	0.74	0.69	-0.67	-0.67	-0.14		0.69	0.07	1.0	0.26	0.74	-0.35	0.56	0.15	0.72	0.92	0.22	-0.13	0.41	-0.13	0.09	0.8	0.58	0.83
Non Current Assets Total	0.98	0.14	0.93	1.0	-0.53	-0.89	0.0	0.69		-0.12	0.7	0.73	0.93	-0.19	0.52	0.15	0.99	0.79	0.2	-0.58	0.22	-0.44	-0.04	0.83	0.14	0.87
Non Currrent Assets Other	-0.11	0.2	-0.18	-0.13	0.14	0.02	0.21	0.07	-0.12		0.06	-0.52	-0.16	0.19	-0.15	0.24	-0.05	-0.09	0.37	0.68	0.15	-0.52	-0.07	0.02	0.31	-0.02
Cash And Short Term Investments	0.81	0.17	0.75	0.7	-0.68	-0.67	-0.15	1.0	0.7	0.06		0.27	0.74	-0.36	0.58	0.14	0.73	0.92	0.21	-0.15	0.41	-0.13	0.08	0.8	0.58	0.83
Net Receivables	0.7	-0.23	0.77	0.74	-0.5	-0.64	-0.05	0.26	0.73	-0.52	0.27		0.72	-0.01	0.5	-0.24	0.66	0.51	-0.27	-0.82	0.02	-0.18	-0.33	0.48	-0.14	0.57
Common Stock Shares Outstanding	0.95	0.07	0.92	0.93	-0.61	-0.95	-0.15	0.74	0.93	-0.16	0.74	0.72		-0.27	0.47	0.06	0.92	0.85	0.12	-0.56	0.29	-0.31	-0.07	0.88	0.29	0.94
Other Current Assets	-0.21	0.31	-0.3	-0.19	0.31	0.12	0.87	-0.35	-0.19	0.19	-0.36	-0.01	-0.27		-0.32	0.36	-0.17	-0.24	0.4	0.18	0.45	-0.15	-0.03	-0.17	0.09	-0.21
Other Stockholder Equity	0.58	-0.33	0.68	0.53	-0.72	-0.29	-0.36	0.56	0.52	-0.15	0.58	0.5	0.47	-0.32		-0.37	0.5	0.61	-0.34	-0.45	0.05	-0.17	-0.38	0.28	0.11	0.37
Total Liab	0.13	0.98	-0.18	0.14	0.56	-0.29	0.7	0.15	0.15	0.24	0.14	-0.24	0.06	0.36	-0.37		0.21	0.04	0.87	0.26	0.34	-0.23	0.82	0.31	0.11	0.2
Property Plant And Equipment Gross	0.98	0.19	0.91	0.99	-0.52	-0.88	0.03	0.72	0.99	-0.05	0.73	0.66	0.92	-0.17	0.5	0.21		0.8	0.28	-0.53	0.29	-0.47	-0.02	0.84	0.21	0.87
Total Current Assets	0.89	0.09	0.87	0.79	-0.77	-0.76	-0.11	0.92	0.79	-0.09	0.92	0.51	0.85	-0.24	0.61	0.04	0.8		0.1	-0.43	0.52	-0.18	-0.07	0.75	0.63	0.82
Non Current Liabilities Total	0.17	0.77	-0.08	0.19	0.34	-0.3	0.68	0.22	0.2	0.37	0.21	-0.27	0.12	0.4	-0.34	0.87	0.28	0.1		0.31	0.46	-0.2	0.55	0.4	0.19	0.28
Intangible Assets	-0.56	0.25	-0.63	-0.6	0.42	0.45	0.18	-0.13	-0.58	0.68	-0.15	-0.82	-0.56	0.18	-0.45	0.26	-0.53	-0.43	0.31		0.04	0.1	0.25	-0.2	0.14	-0.29
Other Current Liab	0.33	0.35	0.24	0.23	-0.28	-0.3	0.38	0.41	0.22	0.15	0.41	0.02	0.29	0.45	0.05	0.34	0.29	0.52	0.46	0.04		-0.07	0.03	0.31	0.81	0.33
Short Term Investments	-0.38	-0.22	-0.31	-0.44	-0.01	0.48	-0.19	-0.13	-0.44	-0.52	-0.13	-0.18	-0.31	-0.15	-0.17	-0.23	-0.47	-0.18	-0.2	0.1	-0.07		0.18	-0.29	-0.11	-0.28
Short Term Debt	-0.05	0.86	-0.31	-0.07	0.61	-0.08	0.34	0.09	-0.04	-0.07	0.08	-0.33	-0.07	-0.03	-0.38	0.82	-0.02	-0.07	0.55	0.25	0.03	0.18		0.15	-0.05	0.05
Common Stock Total Equity	0.85	0.29	0.75	0.83	-0.43	-0.9	0.05	0.8	0.83	0.02	0.8	0.48	0.88	-0.17	0.28	0.31	0.84	0.75	0.4	-0.2	0.31	-0.29	0.15		0.29	0.98
Inventory	0.31	0.18	0.27	0.16	-0.45	-0.28	0.04	0.58	0.14	0.31	0.58	-0.14	0.29	0.09	0.11	0.11	0.21	0.63	0.19	0.14	0.81	-0.11	-0.05	0.29		0.34
Common Stock	0.9	0.2	0.83	0.87	-0.54	-0.93	-0.03	0.83	0.87	-0.02	0.83	0.57	0.94	-0.21	0.37	0.2	0.87	0.82	0.28	-0.29	0.33	-0.28	0.05	0.98	0.34

Click cells to compare fundamentals

Marimaca Copper Account Relationship Matchups

Marimaca Copper fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	58.1M	70.0M	92.8M	84.8M	95.6M	100.4M
Total Current Liabilities	21.2M	5.2M	9.5M	561K	1.2M	1.1M
Total Stockholder Equity	31.5M	57.2M	83.3M	84.3M	94.4M	99.1M
Property Plant And Equipment Net	45.3M	55.7M	54.2M	61.4M	71.7M	75.3M
Net Debt	8.6M	(8.2M)	(23.8M)	(14.6M)	(16.6M)	(15.7M)
Retained Earnings	(120.3M)	(118.2M)	(137.0M)	(139.2M)	(146.3M)	(139.0M)
Accounts Payable	1.1M	1.2M	397K	179K	423K	401.9K
Cash	9.9M	13.9M	26.8M	14.6M	16.7M	9.1M
Non Current Assets Total	47.4M	55.7M	54.2M	65.4M	71.9M	75.5M
Cash And Short Term Investments	9.9M	13.9M	26.8M	14.6M	16.7M	9.6M
Net Receivables	582K	448K	450K	4.8M	7.0M	7.3M
Common Stock Shares Outstanding	60.3M	65.6M	85.5M	88.2M	90.5M	95.0M
Liabilities And Stockholders Equity	58.1M	70.0M	92.8M	84.8M	95.6M	100.4M
Other Current Assets	582.0	448.0	11.8K	4.8K	7.0K	6.6K
Other Stockholder Equity	8.2M	12.8M	27.4M	30.6M	34.3M	36.1M
Total Liab	26.5M	12.8M	9.5M	561K	1.2M	1.1M
Property Plant And Equipment Gross	45.5M	45.3M	55.7M	54.6M	62.8M	65.9M
Total Current Assets	10.6M	14.3M	38.6M	19.5M	23.7M	24.8M
Accumulated Other Comprehensive Income	928K	719K	936K	112K	65K	61.8K
Non Current Liabilities Total	5.3M	7.6M	3.4M	179K	43K	40.9K
Other Current Liab	1.7M	973K	5.1M	382K	653K	1.3M
Short Term Debt	18.5M	3.0M	3.0M	0.0	85K	80.8K
Common Stock Total Equity	92.6M	129.8M	142.7M	161.9M	186.2M	99.2M
Inventory	186K	(448.0)	11.3M	(4.8K)	(7.0K)	(6.6K)
Common Stock	142.7M	161.9M	192.0M	192.8M	206.3M	128.6M
Short Long Term Debt Total	18.5M	5.6M	3.0M	128K	147.2K	139.8K
Capital Surpluse	8.2M	12.8M	27.4M	30.6M	35.1M	36.9M
Property Plant Equipment	45.3M	55.7M	54.2M	61.4M	70.6M	45.9M
Other Liab	6.6M	5.8M	5.3M	5.0M	5.7M	5.3M
Net Tangible Assets	33.0M	31.5M	57.2M	83.3M	95.8M	100.6M
Short Long Term Debt	19.7M	18.5M	3.0M	3.0M	3.4M	3.3M
Cash And Equivalents	9.9M	13.9M	26.8M	14.6M	16.8M	13.6M
Net Invested Capital	50M	62.8M	86.3M	84.3M	94.4M	72.5M
Net Working Capital	(10.6M)	9.1M	29.1M	18.9M	22.5M	23.6M
Capital Stock	142.7M	161.9M	192.0M	192.8M	206.3M	188.0M

Pair Trading with Marimaca Copper

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marimaca Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marimaca Copper will appreciate offsetting losses from the drop in the long position's value.

Moving together with Marimaca Stock

0.71	IE	Ivanhoe Energy	Pair Corr
0.75	FDY	Faraday Copper Corp	Pair Corr

Moving against Marimaca Stock

0.54	INFM	Infinico Metals Corp	Pair Corr
0.4	ORE	Orezone Gold Corp	Pair Corr

The ability to find closely correlated positions to Marimaca Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marimaca Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marimaca Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marimaca Copper Corp to buy it.

The correlation of Marimaca Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marimaca Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marimaca Copper Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Marimaca Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Marimaca Stock

Balance Sheet is a snapshot of the financial position of Marimaca Copper Corp at a specified time, usually calculated after every quarter, six months, or one year. Marimaca Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Marimaca Copper and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Marimaca currently owns. An asset can also be divided into two categories, current and non-current.

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Marimaca Roic vs Ptb Ratio Analysis

Roic vs Ptb Ratio

Roic vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Roic

Ptb Ratio

Marimaca Copper fundamental ratios Correlations

Marimaca Copper Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Marimaca Copper fundamental ratios Accounts

Pair Trading with Marimaca Copper

Moving together with Marimaca Stock

Moving against Marimaca Stock

Other Information on Investing in Marimaca Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets

Common Stock Shares Outstanding	- 0.95	Retained Earnings
Common Stock	- 0.93	Retained Earnings
Common Stock Total Equity	- 0.9	Retained Earnings
Non Current Assets Total	- 0.89	Retained Earnings
Retained Earnings	- 0.89	Property Plant And Equipment Net
Retained Earnings	- 0.89	Total Assets