Minaurum Ev To Operating Cash Flow vs Ptb Ratio Analysis

MGG Stock  CAD 0.20  0.01  4.76%   
Minaurum Gold financial indicator trend analysis is infinitely more than just investigating Minaurum Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minaurum Gold is a good investment. Please check the relationship between Minaurum Gold Ev To Operating Cash Flow and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minaurum Gold. 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.

Ev To Operating Cash Flow vs Ptb Ratio

Ev To Operating Cash Flow vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minaurum Gold Ev To Operating Cash Flow account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Minaurum Gold's Ev To Operating Cash Flow and Ptb Ratio is -0.76. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Minaurum Gold, assuming nothing else is changed. The correlation between historical values of Minaurum Gold's Ev To Operating Cash Flow 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 Ev To Operating Cash Flow of Minaurum Gold 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 Ev To Operating Cash Flow i.e., Minaurum Gold's Ev To Operating Cash Flow and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.

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 Minaurum Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minaurum Gold 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 Minaurum Gold. 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 climb to about 1.4 M in 2024, despite the fact that Tax Provision is likely to grow to (40.9 K).
 2021 2022 2023 2024 (projected)
Interest Income36.4K25.1K12.9K12.2K
Net Interest Income36.4K25.1K12.9K12.2K

Minaurum Gold fundamental ratios Correlations

0.691.0-0.82-0.690.820.860.00.830.480.820.860.780.830.570.81-0.050.930.77-0.050.680.760.61-0.25-0.570.9
0.690.68-0.52-0.560.520.59-0.150.510.480.910.570.560.580.580.59-0.290.670.73-0.390.570.860.14-0.23-0.450.64
1.00.68-0.82-0.690.820.860.00.830.470.810.860.780.830.560.81-0.040.930.77-0.040.680.740.62-0.24-0.570.9
-0.82-0.52-0.820.2-1.0-0.98-0.03-0.480.01-0.6-0.97-0.36-0.43-0.44-0.42-0.27-0.69-0.72-0.29-0.24-0.53-0.560.210.08-0.73
-0.69-0.56-0.690.2-0.2-0.26-0.04-0.86-0.93-0.71-0.27-0.87-0.87-0.34-0.920.56-0.81-0.420.61-0.91-0.73-0.250.250.87-0.68
0.820.520.82-1.0-0.20.980.020.48-0.020.60.970.350.430.440.420.280.690.720.30.240.520.57-0.21-0.080.73
0.860.590.86-0.98-0.260.98-0.010.510.070.670.990.420.480.620.480.250.740.830.270.310.610.59-0.19-0.170.79
0.0-0.150.0-0.03-0.040.02-0.01-0.030.13-0.060.1-0.16-0.2-0.13-0.04-0.20.05-0.24-0.21-0.08-0.08-0.230.140.05-0.17
0.830.510.83-0.48-0.860.480.51-0.030.680.720.510.90.950.370.96-0.160.910.49-0.250.910.730.49-0.38-0.750.72
0.480.480.470.01-0.93-0.020.070.130.680.580.090.690.670.340.78-0.720.650.32-0.750.790.660.01-0.25-0.790.53
0.820.910.81-0.6-0.710.60.67-0.060.720.580.660.660.70.560.74-0.250.810.73-0.350.670.890.24-0.35-0.520.73
0.860.570.86-0.97-0.270.970.990.10.510.090.660.410.460.60.480.230.740.80.250.310.60.57-0.17-0.170.77
0.780.560.78-0.36-0.870.350.42-0.160.90.690.660.410.980.440.94-0.170.810.49-0.240.950.660.62-0.06-0.890.73
0.830.580.83-0.43-0.870.430.48-0.20.950.670.70.460.980.410.95-0.160.850.52-0.230.930.690.57-0.24-0.820.76
0.570.580.56-0.44-0.340.440.62-0.130.370.340.560.60.440.410.460.060.560.850.070.390.640.420.01-0.40.66
0.810.590.81-0.42-0.920.420.48-0.040.960.780.740.480.940.950.46-0.260.920.55-0.360.970.790.5-0.25-0.840.78
-0.05-0.29-0.04-0.270.560.280.25-0.2-0.16-0.72-0.250.23-0.17-0.160.06-0.26-0.22-0.040.94-0.31-0.360.480.160.45-0.18
0.930.670.93-0.69-0.810.690.740.050.910.650.810.740.810.850.560.92-0.220.75-0.270.820.880.49-0.33-0.680.9
0.770.730.77-0.72-0.420.720.83-0.240.490.320.730.80.490.520.850.55-0.040.75-0.010.430.80.47-0.19-0.370.88
-0.05-0.39-0.04-0.290.610.30.27-0.21-0.25-0.75-0.350.25-0.24-0.230.07-0.360.94-0.27-0.01-0.44-0.470.510.230.48-0.12
0.680.570.68-0.24-0.910.240.31-0.080.910.790.670.310.950.930.390.97-0.310.820.43-0.440.740.44-0.15-0.90.66
0.760.860.74-0.53-0.730.520.61-0.080.730.660.890.60.660.690.640.79-0.360.880.8-0.470.740.19-0.37-0.590.78
0.610.140.62-0.56-0.250.570.59-0.230.490.010.240.570.620.570.420.50.480.490.470.510.440.190.34-0.440.62
-0.25-0.23-0.240.210.25-0.21-0.190.14-0.38-0.25-0.35-0.17-0.06-0.240.01-0.250.16-0.33-0.190.23-0.15-0.370.34-0.13-0.14
-0.57-0.45-0.570.080.87-0.08-0.170.05-0.75-0.79-0.52-0.17-0.89-0.82-0.4-0.840.45-0.68-0.370.48-0.9-0.59-0.44-0.13-0.62
0.90.640.9-0.73-0.680.730.79-0.170.720.530.730.770.730.760.660.78-0.180.90.88-0.120.660.780.62-0.14-0.62
Click cells to compare fundamentals

Minaurum Gold Account Relationship Matchups

Minaurum Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.4M12.0M16.7M10.6M8.3M8.4M
Total Current Liabilities156.5K308.7K625.3K161.3K530.0K308.3K
Total Stockholder Equity9.0M11.5M15.9M10.2M7.6M8.0M
Net Debt(2.4M)(4.1M)(6.3M)(1.5M)(617.3K)(648.2K)
Retained Earnings(36.0M)(43.5M)(50.1M)(57.8M)(61.5M)(58.4M)
Cash2.4M4.1M6.3M1.5M617.3K586.4K
Cash And Short Term Investments2.4M4.1M8.8M1.9M739.4K702.4K
Net Receivables40.4K18.7K12.1K69.6K263.0K276.1K
Common Stock Shares Outstanding313.6M337.7M360.8M366.5M370.2M201.8M
Liabilities And Stockholders Equity9.4M12.0M16.7M10.6M8.3M8.4M
Other Stockholder Equity2.8M3.5M7.3M9.2M10.6M11.1M
Total Liab357.5K509.7K826.3K362.3K688.0K457.4K
Total Current Assets2.6M4.3M8.9M2.1M1.1M1.0M
Property Plant And Equipment Net6.8M7.7M7.8M8.5M7.2M5.2M
Non Current Assets Total6.8M7.7M7.8M8.5M7.2M5.4M
Accumulated Other Comprehensive Income2.8M3.5M7.3M9.2M9.6M10.0M
Common Stock42.2M51.4M58.6M58.7M59.5M38.7M
Net Tangible Assets9.0M11.5M15.9M10.2M11.7M9.3M
Accounts Payable150.8K171.4K573.2K117.2K134.8K192.7K
Property Plant Equipment6.8M7.7M7.8M8.5M9.7M5.7M
Other Current Liab156.5K308.7K625.3K161.3K530.0K314.8K
Other Current Assets124.5K146.9K106.9K107.9K71.0K102.6K
Net Invested Capital9.0M11.5M15.9M10.2M7.6M10.9M
Net Working Capital2.5M4.0M8.3M1.9M543.3K516.2K
Capital Stock42.2M51.4M58.6M58.7M59.5M57.1M

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