Montage Ptb Ratio vs Free Cash Flow Per Share Analysis

MAU Stock

2.21 0.02 0.91%

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

Ptb Ratio vs Free Cash Flow Per Share

Ptb Ratio vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montage Gold Corp Ptb Ratio account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have strong relationship.

The correlation between Montage Gold's Ptb Ratio and Free Cash Flow Per Share is 0.69. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Montage Gold Corp, assuming nothing else is changed. The correlation between historical values of Montage Gold's Ptb Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Montage Gold Corp are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Ptb Ratio i.e., Montage Gold's Ptb Ratio and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Most indicators from Montage Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montage Gold 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 Montage Gold 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.

Discontinued Operations is likely to drop to about (402.9 K) in 2024. Selling General Administrative is likely to drop to about 4 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	181.0K	191.0K	219.6K	153.6K
Interest Income	19.4K	329.6K	526.2K	552.5K

Depreciation And Amortization Interest Income

Montage Gold fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Stockholder Equity	Total Current Assets	Property Plant Equipment	Total Assets	Other Current Liab	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Capital Stock	Net Working Capital	Common Stock
Total Current Liabilities		0.92	-0.67	0.94	-0.78	-0.91	0.84	0.9	0.9	0.87	0.9	0.66	-0.48	0.46	0.66	-0.49	-0.73	0.52	0.72	0.92	0.94	0.9	0.66	0.81	0.47	0.81
Net Tangible Assets	0.92		-0.57	1.0	-0.79	-0.9	0.96	0.91	0.79	0.8	0.79	0.42	-0.68	0.66	0.42	-0.53	-0.59	0.71	0.67	0.92	0.83	0.79	0.43	0.69	0.67	0.68
Retained Earnings	-0.67	-0.57		-0.61	0.89	0.7	-0.35	-0.74	-0.76	-0.8	-0.76	-0.83	-0.09	0.13	-0.83	0.71	0.92	0.04	-0.95	-0.75	-0.61	-0.76	-0.84	-0.94	0.12	-0.91
Accounts Payable	0.94	1.0	-0.61		-0.81	-0.92	0.94	0.93	0.81	0.83	0.81	0.48	-0.64	0.61	0.48	-0.57	-0.65	0.66	0.72	0.94	0.84	0.81	0.48	0.74	0.62	0.73
Net Receivables	-0.78	-0.79	0.89	-0.81		0.89	-0.62	-0.9	-0.75	-0.78	-0.75	-0.66	0.15	-0.13	-0.66	0.7	0.79	-0.21	-0.85	-0.8	-0.66	-0.75	-0.67	-0.84	-0.14	-0.8
Other Stockholder Equity	-0.91	-0.9	0.7	-0.92	0.89		-0.78	-0.99	-0.73	-0.74	-0.73	-0.56	0.33	-0.3	-0.56	0.63	0.74	-0.36	-0.74	-0.82	-0.72	-0.73	-0.56	-0.76	-0.32	-0.75
Total Current Assets	0.84	0.96	-0.35	0.94	-0.62	-0.78		0.77	0.68	0.66	0.67	0.2	-0.83	0.83	0.2	-0.43	-0.38	0.87	0.45	0.84	0.79	0.67	0.21	0.49	0.84	0.48
Property Plant Equipment	0.9	0.91	-0.74	0.93	-0.9	-0.99	0.77		0.77	0.81	0.77	0.61	-0.33	0.29	0.61	-0.63	-0.78	0.36	0.81	0.86	0.73	0.77	0.62	0.82	0.31	0.81
Total Assets	0.9	0.79	-0.76	0.81	-0.75	-0.73	0.68	0.77		0.97	1.0	0.83	-0.39	0.36	0.83	-0.33	-0.72	0.42	0.8	0.9	0.95	1.0	0.83	0.9	0.35	0.89
Other Current Liab	0.87	0.8	-0.8	0.83	-0.78	-0.74	0.66	0.81	0.97		0.97	0.83	-0.38	0.32	0.83	-0.4	-0.77	0.38	0.89	0.92	0.87	0.97	0.83	0.94	0.32	0.94
Total Stockholder Equity	0.9	0.79	-0.76	0.81	-0.75	-0.73	0.67	0.77	1.0	0.97		0.84	-0.39	0.35	0.84	-0.33	-0.72	0.41	0.8	0.89	0.94	1.0	0.84	0.9	0.34	0.89
Property Plant And Equipment Net	0.66	0.42	-0.83	0.48	-0.66	-0.56	0.2	0.61	0.83	0.83	0.84		0.16	-0.21	1.0	-0.26	-0.8	-0.15	0.82	0.62	0.67	0.84	1.0	0.91	-0.22	0.91
Net Debt	-0.48	-0.68	-0.09	-0.64	0.15	0.33	-0.83	-0.33	-0.39	-0.38	-0.39	0.16		-0.99	0.16	0.04	-0.08	-0.99	-0.07	-0.55	-0.53	-0.39	0.16	-0.09	-0.99	-0.1
Cash	0.46	0.66	0.13	0.61	-0.13	-0.3	0.83	0.29	0.36	0.32	0.35	-0.21	-0.99		-0.21	-0.04	0.12	1.0	0.0	0.51	0.52	0.35	-0.21	0.04	1.0	0.04
Non Current Assets Total	0.66	0.42	-0.83	0.48	-0.66	-0.56	0.2	0.61	0.83	0.83	0.84	1.0	0.16	-0.21		-0.26	-0.8	-0.15	0.82	0.62	0.67	0.84	1.0	0.91	-0.22	0.91
Non Currrent Assets Other	-0.49	-0.53	0.71	-0.57	0.7	0.63	-0.43	-0.63	-0.33	-0.4	-0.33	-0.26	0.04	-0.04	-0.26		0.76	-0.11	-0.67	-0.62	-0.34	-0.33	-0.27	-0.57	-0.08	-0.54
Other Assets	-0.73	-0.59	0.92	-0.65	0.79	0.74	-0.38	-0.78	-0.72	-0.77	-0.72	-0.8	-0.08	0.12	-0.8	0.76		0.05	-0.94	-0.78	-0.62	-0.72	-0.8	-0.93	0.1	-0.93
Cash And Short Term Investments	0.52	0.71	0.04	0.66	-0.21	-0.36	0.87	0.36	0.42	0.38	0.41	-0.15	-0.99	1.0	-0.15	-0.11	0.05		0.08	0.58	0.58	0.41	-0.15	0.11	1.0	0.11
Common Stock Shares Outstanding	0.72	0.67	-0.95	0.72	-0.85	-0.74	0.45	0.81	0.8	0.89	0.8	0.82	-0.07	0.0	0.82	-0.67	-0.94	0.08		0.84	0.64	0.8	0.82	0.97	0.01	0.97
Other Current Assets	0.92	0.92	-0.75	0.94	-0.8	-0.82	0.84	0.86	0.9	0.92	0.89	0.62	-0.55	0.51	0.62	-0.62	-0.78	0.58	0.84		0.89	0.89	0.62	0.86	0.53	0.86
Total Liab	0.94	0.83	-0.61	0.84	-0.66	-0.72	0.79	0.73	0.95	0.87	0.94	0.67	-0.53	0.52	0.67	-0.34	-0.62	0.58	0.64	0.89		0.94	0.67	0.77	0.52	0.76
Net Invested Capital	0.9	0.79	-0.76	0.81	-0.75	-0.73	0.67	0.77	1.0	0.97	1.0	0.84	-0.39	0.35	0.84	-0.33	-0.72	0.41	0.8	0.89	0.94		0.84	0.9	0.34	0.89
Property Plant And Equipment Gross	0.66	0.43	-0.84	0.48	-0.67	-0.56	0.21	0.62	0.83	0.83	0.84	1.0	0.16	-0.21	1.0	-0.27	-0.8	-0.15	0.82	0.62	0.67	0.84		0.91	-0.22	0.91
Capital Stock	0.81	0.69	-0.94	0.74	-0.84	-0.76	0.49	0.82	0.9	0.94	0.9	0.91	-0.09	0.04	0.91	-0.57	-0.93	0.11	0.97	0.86	0.77	0.9	0.91		0.04	1.0
Net Working Capital	0.47	0.67	0.12	0.62	-0.14	-0.32	0.84	0.31	0.35	0.32	0.34	-0.22	-0.99	1.0	-0.22	-0.08	0.1	1.0	0.01	0.53	0.52	0.34	-0.22	0.04		0.05
Common Stock	0.81	0.68	-0.91	0.73	-0.8	-0.75	0.48	0.81	0.89	0.94	0.89	0.91	-0.1	0.04	0.91	-0.54	-0.93	0.11	0.97	0.86	0.76	0.89	0.91	1.0	0.05

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Montage Gold Account Relationship Matchups

Montage Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	863.4K	2.1M	1.1M	2.2M	1.2M	1.4M
Retained Earnings	(10.7M)	(21.1M)	(44.6M)	(54.3M)	(78.8M)	(74.8M)
Other Stockholder Equity	148.8K	667.8K	2.1M	2.0M	1.8M	1.7M
Total Current Assets	9.7M	33.7M	11.3M	9.4M	7.2M	13.1M

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