Monarca Pb Ratio vs Ptb Ratio Analysis

MMN Stock  CAD 0.01  0.00  0.00%   
Monarca Minerals financial indicator trend analysis is infinitely more than just investigating Monarca Minerals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monarca Minerals is a good investment. Please check the relationship between Monarca Minerals Pb Ratio and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monarca Minerals. 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.

Pb Ratio vs Ptb Ratio

Pb Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monarca Minerals Pb Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Monarca Minerals' Pb Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Monarca Minerals, assuming nothing else is changed. The correlation between historical values of Monarca Minerals' Pb Ratio 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 Pb Ratio of Monarca Minerals 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 Pb Ratio i.e., Monarca Minerals' Pb Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Pb Ratio

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 Monarca Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monarca Minerals 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 Monarca Minerals. 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 353.4 K in 2024. Enterprise Value Over EBITDA is likely to drop to -3.84 in 2024

Monarca Minerals fundamental ratios Correlations

-0.17-0.590.99-0.210.59-0.680.070.060.39-0.650.490.470.14-0.12-0.520.991.0-0.310.990.64-0.170.15-0.480.680.68
-0.170.78-0.320.54-0.780.650.10.11-0.290.62-0.430.720.030.980.4-0.18-0.2-0.72-0.18-0.65-0.07-0.590.79-0.560.03
-0.590.78-0.710.67-0.840.97-0.13-0.13-0.470.91-0.490.34-0.210.760.83-0.59-0.6-0.44-0.59-0.840.01-0.770.86-0.78-0.37
0.99-0.32-0.71-0.320.69-0.770.090.090.45-0.730.540.330.17-0.27-0.590.980.98-0.180.970.73-0.160.25-0.580.750.66
-0.210.540.67-0.32-0.410.58-0.76-0.76-0.580.52-0.230.48-0.790.520.6-0.14-0.16-0.35-0.14-0.47-0.18-0.560.42-0.350.0
0.59-0.78-0.840.69-0.41-0.85-0.13-0.130.13-0.840.34-0.25-0.09-0.78-0.50.630.630.550.640.890.010.56-0.870.850.44
-0.680.650.97-0.770.58-0.85-0.1-0.1-0.350.94-0.40.18-0.150.670.86-0.69-0.69-0.37-0.69-0.85-0.03-0.760.87-0.81-0.53
0.070.1-0.130.09-0.76-0.13-0.11.00.45-0.07-0.07-0.10.980.12-0.31-0.03-0.02-0.14-0.020.030.180.090.12-0.06-0.02
0.060.11-0.130.09-0.76-0.13-0.11.00.45-0.06-0.07-0.10.980.12-0.31-0.03-0.02-0.14-0.030.020.180.090.13-0.06-0.03
0.39-0.29-0.470.45-0.580.13-0.350.450.45-0.290.72-0.130.6-0.18-0.450.310.34-0.210.290.22-0.340.11-0.140.17-0.01
-0.650.620.91-0.730.52-0.840.94-0.07-0.06-0.29-0.380.16-0.110.640.78-0.66-0.66-0.32-0.67-0.820.14-0.70.89-0.79-0.51
0.49-0.43-0.490.54-0.230.34-0.4-0.07-0.070.72-0.38-0.040.07-0.36-0.280.460.49-0.170.440.45-0.40.06-0.320.450.32
0.470.720.340.330.48-0.250.18-0.1-0.1-0.130.16-0.04-0.110.730.170.490.47-0.770.49-0.18-0.16-0.420.4-0.060.41
0.140.03-0.210.17-0.79-0.09-0.150.980.980.6-0.110.07-0.110.07-0.360.030.05-0.170.030.070.120.10.09-0.02-0.03
-0.120.980.76-0.270.52-0.780.670.120.12-0.180.64-0.360.730.070.41-0.14-0.16-0.79-0.14-0.65-0.11-0.640.81-0.56-0.02
-0.520.40.83-0.590.6-0.50.86-0.31-0.31-0.450.78-0.280.17-0.360.41-0.5-0.5-0.18-0.5-0.57-0.04-0.730.65-0.53-0.4
0.99-0.18-0.590.98-0.140.63-0.69-0.03-0.030.31-0.660.460.490.03-0.14-0.51.0-0.271.00.66-0.160.17-0.510.710.72
1.0-0.2-0.60.98-0.160.63-0.69-0.02-0.020.34-0.660.490.470.05-0.16-0.51.0-0.271.00.66-0.170.17-0.510.710.69
-0.31-0.72-0.44-0.18-0.350.55-0.37-0.14-0.14-0.21-0.32-0.17-0.77-0.17-0.79-0.18-0.27-0.27-0.250.370.310.63-0.530.28-0.22
0.99-0.18-0.590.97-0.140.64-0.69-0.02-0.030.29-0.670.440.490.03-0.14-0.51.01.0-0.250.66-0.150.17-0.520.710.72
0.64-0.65-0.840.73-0.470.89-0.850.030.020.22-0.820.45-0.180.07-0.65-0.570.660.660.370.660.070.52-0.810.990.69
-0.17-0.070.01-0.16-0.180.01-0.030.180.18-0.340.14-0.4-0.160.12-0.11-0.04-0.16-0.170.31-0.150.070.180.020.060.0
0.15-0.59-0.770.25-0.560.56-0.760.090.090.11-0.70.06-0.420.1-0.64-0.730.170.170.630.170.520.18-0.690.460.11
-0.480.790.86-0.580.42-0.870.870.120.13-0.140.89-0.320.40.090.810.65-0.51-0.51-0.53-0.52-0.810.02-0.69-0.77-0.41
0.68-0.56-0.780.75-0.350.85-0.81-0.06-0.060.17-0.790.45-0.06-0.02-0.56-0.530.710.710.280.710.990.060.46-0.770.75
0.680.03-0.370.660.00.44-0.53-0.02-0.03-0.01-0.510.320.41-0.03-0.02-0.40.720.69-0.220.720.690.00.11-0.410.75
Click cells to compare fundamentals

Monarca Minerals Account Relationship Matchups

Monarca Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2M721.5K99.0K32.4K29.2K27.7K
Total Current Liabilities2.6M2.9M3.4M4.3M4.9M5.2M
Total Stockholder Equity(483.2K)(2.2M)(3.3M)(4.2M)(3.8M)(3.6M)
Net Debt(516.0K)755.0K1.2M1.3M1.5M1.6M
Retained Earnings(30.1M)(32.8M)(33.6M)(33.5M)(30.1M)(28.6M)
Accounts Payable1.4M1.5M1.7M2.2M2.5M2.7M
Cash1.8M498.7K29.3K7.1K6.4K6.1K
Cash And Short Term Investments1.8M523.7K39.3K8.1K7.3K6.9K
Net Receivables191.3K155.1K13.1K5.1K5.9K5.6K
Common Stock Shares Outstanding49.7M67.9M120.2M126.6M145.5M152.8M
Liabilities And Stockholders Equity2.2M721.5K99.0K32.4K29.2K27.7K
Other Stockholder Equity1.2M1.6M1.01.4M1.3M1.2M
Total Liab2.6M2.9M3.4M4.3M4.9M2.8M
Total Current Assets2.0M710.3K88.4K23.3K20.9K19.9K
Accumulated Other Comprehensive Income1.6M1.7M1.4M367.3K422.4K401.3K
Other Current Liab14.6K212.7K454.0K3.0M3.4M3.6M
Property Plant And Equipment Net12.0K6.9K6.6K9.2K8.3K7.8K
Non Current Assets Total146.4K11.2K10.6K9.2K8.3K7.8K
Net Tangible Assets(3.1M)(488.0K)(2.2M)(3.3M)(3.0M)(2.8M)
Other Current Assets(700.0)31.5K36.0K10.0K9.0K16.9K
Property Plant Equipment7.6K7.2K6.9K10.6K9.5K9.0K
Non Currrent Assets Other(357.0)13.0K134.4K(3.1K)(2.8K)(2.7K)
Net Invested Capital770.5K(949.5K)(2.1M)(2.9M)(2.6M)(2.5M)
Net Working Capital(630.3K)(2.2M)(3.3M)(4.3M)(3.8M)(3.6M)

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 Monarca Stock Analysis

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