Melkior Ev To Sales vs Ptb Ratio Analysis

MKR Stock  CAD 0.09  0.01  6.25%   
Melkior Resources financial indicator trend analysis is infinitely more than just investigating Melkior Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Melkior Resources is a good investment. Please check the relationship between Melkior Resources Ev To Sales and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melkior Resources. 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 Sales vs Ptb Ratio

Ev To Sales vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Melkior Resources Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Melkior Resources' Ev To Sales and Ptb Ratio is -0.14. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Melkior Resources, assuming nothing else is changed. The correlation between historical values of Melkior Resources' Ev To Sales 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 Sales of Melkior Resources 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 Sales i.e., Melkior Resources' Ev To Sales and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

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 Melkior Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Melkior Resources 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 Melkior Resources. 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 135.1 K in 2024. Issuance Of Capital Stock is likely to drop to about 940.2 K in 2024
 2021 2022 2023 2024 (projected)
Interest Income20.6K90.4K103.9K109.1K
Net Interest Income20.6K90.4K103.9K109.1K

Melkior Resources fundamental ratios Correlations

0.580.61.00.84-0.75-0.40.520.730.990.660.860.09-0.43-0.340.60.890.19-0.52-0.470.860.80.860.750.850.77
0.580.820.560.75-0.61-0.110.60.690.560.550.530.3-0.36-0.450.820.59-0.06-0.26-0.460.680.790.720.530.760.57
0.60.820.580.55-0.510.060.870.510.570.410.540.32-0.53-0.311.00.620.240.02-0.230.620.590.650.470.640.49
1.00.560.580.84-0.74-0.410.50.720.990.660.860.08-0.42-0.340.580.890.19-0.53-0.470.850.80.850.740.850.76
0.840.750.550.84-0.74-0.380.490.810.820.770.750.05-0.3-0.310.550.780.18-0.57-0.770.730.810.750.590.80.7
-0.75-0.61-0.51-0.74-0.740.32-0.32-0.98-0.67-0.53-0.920.20.430.58-0.51-0.860.180.410.29-0.9-0.82-0.87-0.81-0.91-0.97
-0.4-0.110.06-0.41-0.380.320.19-0.28-0.38-0.43-0.37-0.17-0.150.270.06-0.40.170.920.41-0.33-0.25-0.31-0.38-0.3-0.34
0.520.60.870.50.49-0.320.190.340.50.250.450.09-0.53-0.080.870.520.620.16-0.370.370.40.390.170.410.29
0.730.690.510.720.81-0.98-0.280.340.660.570.89-0.2-0.4-0.570.520.84-0.16-0.41-0.420.880.870.860.770.920.95
0.990.560.570.990.82-0.67-0.380.50.660.680.780.09-0.35-0.250.570.820.19-0.53-0.460.810.770.820.680.810.69
0.660.550.410.660.77-0.53-0.430.250.570.680.480.170.07-0.110.410.520.01-0.6-0.540.60.60.660.460.640.49
0.860.530.540.860.75-0.92-0.370.450.890.780.48-0.16-0.57-0.590.540.980.1-0.4-0.410.890.810.850.820.880.95
0.090.30.320.080.050.2-0.170.09-0.20.090.17-0.16-0.15-0.190.320.040.01-0.08-0.010.080.010.120.20.03-0.1
-0.43-0.36-0.53-0.42-0.30.43-0.15-0.53-0.4-0.350.07-0.57-0.150.55-0.53-0.62-0.3-0.270.08-0.51-0.41-0.49-0.58-0.47-0.51
-0.34-0.45-0.31-0.34-0.310.580.27-0.08-0.57-0.25-0.11-0.59-0.190.55-0.31-0.60.350.120.04-0.65-0.57-0.6-0.69-0.6-0.64
0.60.821.00.580.55-0.510.060.870.520.570.410.540.32-0.53-0.310.620.240.02-0.230.620.590.650.470.640.49
0.890.590.620.890.78-0.86-0.40.520.840.820.520.980.04-0.62-0.60.620.18-0.41-0.460.890.80.860.850.870.91
0.19-0.060.240.190.180.180.170.62-0.160.190.010.10.01-0.30.350.240.180.21-0.46-0.17-0.14-0.17-0.18-0.15-0.14
-0.52-0.260.02-0.53-0.570.410.920.16-0.41-0.53-0.6-0.4-0.08-0.270.120.02-0.410.210.54-0.4-0.4-0.4-0.37-0.41-0.39
-0.47-0.46-0.23-0.47-0.770.290.41-0.37-0.42-0.46-0.54-0.41-0.010.080.04-0.23-0.46-0.460.54-0.25-0.45-0.27-0.15-0.35-0.29
0.860.680.620.850.73-0.9-0.330.370.880.810.60.890.08-0.51-0.650.620.89-0.17-0.4-0.250.920.990.910.980.93
0.80.790.590.80.81-0.82-0.250.40.870.770.60.810.01-0.41-0.570.590.8-0.14-0.4-0.450.920.920.770.960.84
0.860.720.650.850.75-0.87-0.310.390.860.820.660.850.12-0.49-0.60.650.86-0.17-0.4-0.270.990.920.890.980.9
0.750.530.470.740.59-0.81-0.380.170.770.680.460.820.2-0.58-0.690.470.85-0.18-0.37-0.150.910.770.890.860.9
0.850.760.640.850.8-0.91-0.30.410.920.810.640.880.03-0.47-0.60.640.87-0.15-0.41-0.350.980.960.980.860.92
0.770.570.490.760.7-0.97-0.340.290.950.690.490.95-0.1-0.51-0.640.490.91-0.14-0.39-0.290.930.840.90.90.92
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Melkior Resources Account Relationship Matchups

Melkior Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.4M13.8M14.6M15.8M18.1M11.2M
Other Current Liab281.7K4.9K227.3K301.9K347.2K364.6K
Total Current Liabilities281.7K32.0K349.7K301.9K271.7K188.0K
Total Stockholder Equity12.1M13.8M14.3M15.5M17.8M11.0M
Property Plant And Equipment Net10.8M11.5M11.9M13.4M15.5M16.2M
Net Debt(523.9K)(2.0M)(2.4M)(2.3M)(2.0M)(1.9M)
Retained Earnings(39.9M)(39.9M)(40.2M)(40.3M)(36.3M)(38.1M)
Accounts Payable20.2K74.4K32.0K122.4K110.2K86.1K
Cash523.9K2.0M2.4M2.3M2.6M2.7M
Non Current Assets Total10.8M11.5M11.9M13.4M15.5M9.3M
Cash And Short Term Investments863.9K2.2M2.7M2.3M2.6M1.8M
Net Receivables716.9K8.8K22.7K43.1K49.6K47.1K
Common Stock Shares Outstanding19.4M21.5M23.4M27.4M24.7M44.6M
Liabilities And Stockholders Equity12.4M13.8M14.6M15.8M18.1M11.2M
Other Stockholder Equity4.8M5.2M5.7M5.8M5.2M5.0M
Total Liab281.7K32.0K349.7K301.9K271.7K188.3K
Total Current Assets1.6M2.3M2.7M2.3M2.7M1.9M
Other Current Assets13K15.8K22.8K24.6K22.2K41.4K
Short Term Investments569.6K490K340K215.0K257.0K0.0
Net Tangible Assets11.8M12.1M13.8M14.3M16.4M11.6M
Common Stock46.8M48.0M48.7M50.0M57.5M50.3M
Property Plant Equipment10.3M10.8M11.5M11.9M13.7M10.2M
Net Invested Capital12.1M13.8M14.3M15.5M17.8M13.6M
Net Working Capital1.3M2.2M2.4M2.0M2.3M1.9M
Capital Stock46.8M48.0M48.7M50.0M57.5M52.2M

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