Minco Book Value Per Share vs Free Cash Flow Yield Analysis

MSV Stock

CAD 0.20 0.01 5.26%

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

Book Value Per Share vs Free Cash Flow Yield

Book Value Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minco Silver Book Value Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Minco Silver's Book Value Per Share and Free Cash Flow Yield is 0.16. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Minco Silver, assuming nothing else is changed. The correlation between historical values of Minco Silver's Book Value Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Minco Silver are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Book Value Per Share i.e., Minco Silver's Book Value Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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

As of the 27th of November 2024, Selling General Administrative is likely to drop to about 461.8 K. In addition to that, Tax Provision is likely to grow to about (768.5 K)

	2023	2024 (projected)
Interest Income	1.4M	1.4M
Non Recurring	179.7K	164.0K

Interest Income Non Recurring

Minco Silver fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Inventory	Non Currrent Assets Other
Total Assets		-0.35	-0.34	0.99	-0.7	0.34	0.7	0.74	-0.26	0.55	0.49	0.62	0.33	-0.41	0.71	0.77	0.03	-0.39	0.89	-0.34	0.89	-0.52	0.13	0.89	0.18	0.19
Other Current Liab	-0.35		0.96	-0.35	0.4	-0.71	-0.37	-0.09	0.45	0.31	0.36	0.15	-0.17	0.93	0.05	-0.51	0.39	0.8	-0.5	-0.32	-0.5	0.72	-0.02	-0.49	-0.21	-0.22
Total Current Liabilities	-0.34	0.96		-0.34	0.37	-0.79	-0.34	-0.13	0.53	0.38	0.43	0.06	-0.28	0.95	0.04	-0.59	0.53	0.74	-0.48	-0.19	-0.47	0.69	0.06	-0.47	-0.17	-0.2
Total Stockholder Equity	0.99	-0.35	-0.34		-0.74	0.34	0.74	0.8	-0.27	0.57	0.51	0.69	0.44	-0.42	0.77	0.82	-0.05	-0.42	0.84	-0.37	0.84	-0.54	0.18	0.84	0.19	0.14
Net Debt	-0.7	0.4	0.37	-0.74		-0.35	-0.99	-0.84	0.53	-0.43	-0.35	-0.54	-0.51	0.47	-0.73	-0.73	0.23	0.56	-0.51	0.13	-0.52	0.61	-0.43	-0.51	-0.3	0.32
Retained Earnings	0.34	-0.71	-0.79	0.34	-0.35		0.3	0.17	-0.66	-0.5	-0.57	0.03	0.28	-0.79	-0.04	0.68	-0.63	-0.5	0.55	0.23	0.53	-0.66	0.13	0.53	0.42	0.23
Cash	0.7	-0.37	-0.34	0.74	-0.99	0.3		0.85	-0.54	0.44	0.36	0.55	0.5	-0.43	0.74	0.69	-0.22	-0.52	0.48	-0.14	0.48	-0.54	0.44	0.47	0.19	-0.35
Cash And Short Term Investments	0.74	-0.09	-0.13	0.8	-0.84	0.17	0.85		-0.41	0.64	0.56	0.91	0.73	-0.19	0.95	0.78	-0.29	-0.22	0.41	-0.39	0.41	-0.33	0.44	0.41	0.13	-0.32
Net Receivables	-0.26	0.45	0.53	-0.27	0.53	-0.66	-0.54	-0.41		0.31	0.36	-0.22	-0.3	0.47	-0.1	-0.52	0.52	0.22	-0.28	-0.2	-0.27	0.27	-0.19	-0.27	0.0	0.46
Common Stock Total Equity	0.55	0.31	0.38	0.57	-0.43	-0.5	0.44	0.64	0.31		0.99	0.66	0.28	0.31	0.8	0.24	0.4	0.03	0.24	-0.5	0.25	0.0	0.16	0.25	0.0	-0.11
Common Stock Shares Outstanding	0.49	0.36	0.43	0.51	-0.35	-0.57	0.36	0.56	0.36	0.99		0.6	0.2	0.38	0.73	0.14	0.47	0.09	0.21	-0.5	0.21	0.08	0.08	0.21	-0.07	-0.1
Short Term Investments	0.62	0.15	0.06	0.69	-0.54	0.03	0.55	0.91	-0.22	0.66	0.6		0.76	0.05	0.91	0.69	-0.29	0.06	0.27	-0.51	0.27	-0.1	0.34	0.28	0.07	-0.22
Other Stockholder Equity	0.33	-0.17	-0.28	0.44	-0.51	0.28	0.5	0.73	-0.3	0.28	0.2	0.76		-0.31	0.7	0.73	-0.77	-0.27	0.03	-0.29	0.02	-0.35	0.45	0.02	0.14	-0.2
Total Liab	-0.41	0.93	0.95	-0.42	0.47	-0.79	-0.43	-0.19	0.47	0.31	0.38	0.05	-0.31		-0.04	-0.64	0.52	0.88	-0.54	-0.2	-0.53	0.85	-0.03	-0.52	-0.28	-0.2
Total Current Assets	0.71	0.05	0.04	0.77	-0.73	-0.04	0.74	0.95	-0.1	0.8	0.73	0.91	0.7	-0.04		0.67	-0.15	-0.16	0.34	-0.48	0.34	-0.27	0.44	0.34	0.14	-0.19
Short Term Debt	0.77	-0.51	-0.59	0.82	-0.73	0.68	0.69	0.78	-0.52	0.24	0.14	0.69	0.73	-0.64	0.67		-0.57	-0.53	0.67	-0.21	0.66	-0.71	0.3	0.66	0.39	0.05
Common Stock	0.03	0.39	0.53	-0.05	0.23	-0.63	-0.22	-0.29	0.52	0.4	0.47	-0.29	-0.77	0.52	-0.15	-0.57		0.3	0.11	-0.08	0.12	0.37	-0.35	0.12	-0.18	0.12
Short Long Term Debt Total	-0.39	0.8	0.74	-0.42	0.56	-0.5	-0.52	-0.22	0.22	0.03	0.09	0.06	-0.27	0.88	-0.16	-0.53	0.3		-0.45	-0.16	-0.46	0.92	-0.1	-0.43	-0.38	-0.14
Property Plant And Equipment Net	0.89	-0.5	-0.48	0.84	-0.51	0.55	0.48	0.41	-0.28	0.24	0.21	0.27	0.03	-0.54	0.34	0.67	0.11	-0.45		-0.16	1.0	-0.61	-0.1	1.0	0.33	0.38
Accounts Payable	-0.34	-0.32	-0.19	-0.37	0.13	0.23	-0.14	-0.39	-0.2	-0.5	-0.5	-0.51	-0.29	-0.2	-0.48	-0.21	-0.08	-0.16	-0.16		-0.16	-0.08	0.14	-0.17	0.01	0.1
Non Current Assets Total	0.89	-0.5	-0.47	0.84	-0.52	0.53	0.48	0.41	-0.27	0.25	0.21	0.27	0.02	-0.53	0.34	0.66	0.12	-0.46	1.0	-0.16		-0.61	-0.1	1.0	0.33	0.38
Non Current Liabilities Total	-0.52	0.72	0.69	-0.54	0.61	-0.66	-0.54	-0.33	0.27	0.0	0.08	-0.1	-0.35	0.85	-0.27	-0.71	0.37	0.92	-0.61	-0.08	-0.61		-0.13	-0.59	-0.62	-0.18
Other Current Assets	0.13	-0.02	0.06	0.18	-0.43	0.13	0.44	0.44	-0.19	0.16	0.08	0.34	0.45	-0.03	0.44	0.3	-0.35	-0.1	-0.1	0.14	-0.1	-0.13		-0.1	0.05	-0.1
Property Plant And Equipment Gross	0.89	-0.49	-0.47	0.84	-0.51	0.53	0.47	0.41	-0.27	0.25	0.21	0.28	0.02	-0.52	0.34	0.66	0.12	-0.43	1.0	-0.17	1.0	-0.59	-0.1		0.32	0.38
Inventory	0.18	-0.21	-0.17	0.19	-0.3	0.42	0.19	0.13	0.0	0.0	-0.07	0.07	0.14	-0.28	0.14	0.39	-0.18	-0.38	0.33	0.01	0.33	-0.62	0.05	0.32		0.12
Non Currrent Assets Other	0.19	-0.22	-0.2	0.14	0.32	0.23	-0.35	-0.32	0.46	-0.11	-0.1	-0.22	-0.2	-0.2	-0.19	0.05	0.12	-0.14	0.38	0.1	0.38	-0.18	-0.1	0.38	0.12

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Minco Silver Account Relationship Matchups

Minco Silver fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	46.3M	47.1M	48.8M	52.5M	45.7M	66.1M
Other Current Liab	409.0K	725.5K	2.3M	1.7M	1.5M	862.8K
Total Current Liabilities	869.7K	1.3M	2.6M	2.2M	1.7M	1.1M
Total Stockholder Equity	46.2M	47.0M	46.5M	49.5M	43.7M	62.0M
Net Debt	(12.3M)	(15.2M)	(4.3M)	(6.5M)	(7.0M)	(7.3M)
Retained Earnings	(90.5M)	(91.7M)	(93.2M)	(90.1M)	(94.1M)	(89.4M)
Cash	12.6M	15.4M	5.0M	7.5M	7.8M	12.1M
Cash And Short Term Investments	31.5M	32.9M	33.1M	42.5M	35.6M	38.9M
Net Receivables	14.0M	10.0M	13.3M	8.0M	8.2M	4.5M
Common Stock Shares Outstanding	60.7M	60.7M	60.9M	61.0M	70.2M	54.2M
Short Term Investments	18.8M	17.4M	28.1M	35.0M	27.8M	26.8M
Liabilities And Stockholders Equity	46.3M	47.1M	48.8M	52.5M	45.7M	66.1M
Other Stockholder Equity	27.2M	27.6M	27.7M	28.0M	28.4M	38.1M
Total Liab	1.3M	1.4M	3.6M	4.3M	3.4M	1.8M
Total Current Assets	45.9M	43.2M	46.8M	50.8M	44.1M	43.9M
Short Term Debt	152.5K	140.2K	172.6K	213.9K	224.2K	213.0K
Property Plant And Equipment Net	438.0K	661.4K	1.2M	1.3M	926.1K	879.8K
Accounts Payable	308.2K	409.1K	215.6K	210.5K	234.5K	326.5K
Non Current Assets Total	438.0K	4.0M	2.0M	1.7M	1.7M	1.6M
Non Current Liabilities Total	410.3K	109.6K	967.7K	2.1M	1.7M	1.8M
Other Current Assets	378.7K	270.6K	356.0K	348.0K	283.5K	398.7K
Property Plant And Equipment Gross	438.0K	661.4K	2.7M	2.9M	2.6M	2.5M
Accumulated Other Comprehensive Income	1.9M	3.3M	4.1M	3.7M	1.5M	1.4M
Net Tangible Assets	46.2M	47.0M	46.5M	49.5M	44.5M	62.5M
Property Plant Equipment	438.0K	661.4K	1.2M	1.3M	1.1M	1.1M
Capital Surpluse	27.2M	27.6M	27.7M	28.0M	32.2M	28.7M
Long Term Debt Total	214.1K	45.6K	567.0K	780.6K	897.7K	942.5K
Net Invested Capital	46.2M	47.0M	46.5M	49.5M	43.7M	49.2M
Net Working Capital	45.0M	41.9M	44.2M	48.6M	42.4M	36.2M

Pair Trading with Minco Silver

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 Minco Silver 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 Minco Silver will appreciate offsetting losses from the drop in the long position's value.

Moving together with Minco Stock

0.61

Ivanhoe Energy

Pair Corr

Moving against Minco Stock

0.31

INFM

Infinico Metals Corp

Pair Corr

The ability to find closely correlated positions to Minco Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Minco Silver 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 Minco Silver - 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 Minco Silver to buy it.

The correlation of Minco Silver 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 Minco Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Minco Silver 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 Minco Silver 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 Minco Stock

Balance Sheet is a snapshot of the financial position of Minco Silver at a specified time, usually calculated after every quarter, six months, or one year. Minco Silver Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Minco Silver 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 Minco currently owns. An asset can also be divided into two categories, current and non-current.

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Minco Book Value Per Share vs Free Cash Flow Yield Analysis

Book Value Per Share vs Free Cash Flow Yield

Book Value Per Share vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Book Value Per Share

Free Cash Flow Yield

Minco Silver fundamental ratios Correlations

Minco Silver Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Minco Silver fundamental ratios Accounts

Pair Trading with Minco Silver

Moving together with Minco Stock

Moving against Minco Stock

Other Information on Investing in Minco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.99	Common Stock Total Equity
Total Current Liabilities	+ 0.96	Other Current Liab

Cash	- 0.99	Net Debt
Cash And Short Term Investments	- 0.84	Net Debt
Total Liab	- 0.79	Retained Earnings
Retained Earnings	- 0.79	Total Current Liabilities
Common Stock	- 0.77	Other Stockholder Equity
Net Debt	- 0.74	Total Stockholder Equity