Prime Free Cash Flow Per Share vs Book Value Per Share Analysis

PDV Stock

CAD 8.66 0.02 0.23%

Prime Dividend financial indicator trend analysis is much more than just breaking down Prime Dividend Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prime Dividend Corp is a good investment. Please check the relationship between Prime Dividend Free Cash Flow Per Share and its Book Value Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Dividend 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.

Free Cash Flow Per Share vs Book Value Per Share

Free Cash Flow Per Share vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prime Dividend Corp Free Cash Flow Per Share account and Book Value Per Share. At this time, the significance of the direction appears to have very week relationship.

The correlation between Prime Dividend's Free Cash Flow Per Share and Book Value Per Share is 0.28. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Prime Dividend Corp, assuming nothing else is changed. The correlation between historical values of Prime Dividend's Free Cash Flow Per Share and Book Value 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 Free Cash Flow Per Share of Prime Dividend Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Per Share i.e., Prime Dividend's Free Cash Flow Per Share and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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.

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.

Most indicators from Prime Dividend's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prime Dividend 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prime Dividend 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.

As of the 1st of December 2024, Selling General Administrative is likely to grow to about 181.5 K. Also, Sales General And Administrative To Revenue is likely to grow to 2.56

Prime Dividend fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Accounts Payable	Other Stockholder Equity	Total Current Liabilities	Non Current Liabilities Total	Non Current Assets Total	Non Currrent Assets Other	Short Long Term Debt Total	Net Tangible Assets	Current Deferred Revenue	Short Long Term Debt
Total Assets		0.96	-0.62	0.8	0.92	0.59	0.81	0.03	-0.47	0.93	0.96	0.83	0.81	0.92	0.87	-0.09	0.08	0.85	0.18	0.8	0.66	-0.65	0.68	0.71	-0.65	0.56
Total Stockholder Equity	0.96		-0.56	0.81	0.92	0.61	0.75	0.05	-0.57	0.9	0.91	0.76	0.75	0.92	0.89	-0.1	0.02	0.87	0.14	0.78	0.65	-0.65	0.66	0.71	-0.61	0.63
Net Debt	-0.62	-0.56		-0.72	-0.8	-0.3	-0.95	0.43	-0.01	-0.41	-0.44	-0.51	-0.95	-0.68	-0.44	-0.29	0.17	-0.66	0.06	-0.64	0.07	-0.05	-0.01	-0.1	0.03	0.04
Retained Earnings	0.8	0.81	-0.72		0.93	0.83	0.77	-0.16	-0.26	0.61	0.63	0.56	0.77	0.7	0.5	0.01	-0.22	0.89	-0.12	0.51	0.14	-0.15	0.17	0.2	-0.18	0.14
Cash	0.92	0.92	-0.8	0.93		0.66	0.9	-0.21	-0.38	0.79	0.79	0.72	0.9	0.89	0.73	0.06	-0.1	0.92	0.03	0.77	0.35	-0.36	0.41	0.44	-0.38	0.35
Other Assets	0.59	0.61	-0.3	0.83	0.66		0.34	0.04	-0.23	0.42	0.48	0.38	0.35	0.33	0.27	-0.12	-0.14	0.64	-0.06	0.17	0.13	-0.13	0.11	0.12	-0.11	0.08
Cash And Short Term Investments	0.81	0.75	-0.95	0.77	0.9	0.34		-0.31	-0.18	0.64	0.67	0.69	1.0	0.86	0.66	0.18	-0.08	0.77	0.04	0.79	0.22	-0.24	0.3	0.36	-0.3	0.22
Net Receivables	0.03	0.05	0.43	-0.16	-0.21	0.04	-0.31		-0.14	0.06	0.17	0.11	-0.3	-0.06	0.06	-0.8	0.57	-0.07	0.48	-0.25	0.44	-0.45	0.32	0.35	-0.26	0.24
Common Stock Total Equity	-0.47	-0.57	-0.01	-0.26	-0.38	-0.23	-0.18	-0.14		-0.62	-0.49	-0.28	-0.18	-0.52	-0.53	0.22	0.04	-0.49	-0.01	-0.38	-0.53	0.45	-0.54	-0.49	0.33	-0.7
Common Stock Shares Outstanding	0.93	0.9	-0.41	0.61	0.79	0.42	0.64	0.06	-0.62		0.95	0.74	0.65	0.89	0.88	-0.14	0.08	0.75	0.16	0.77	0.78	-0.74	0.78	0.79	-0.71	0.68
Short Term Investments	0.96	0.91	-0.44	0.63	0.79	0.48	0.67	0.17	-0.49	0.95		0.83	0.67	0.87	0.89	-0.16	0.2	0.71	0.28	0.76	0.82	-0.8	0.81	0.85	-0.78	0.65
Total Liab	0.83	0.76	-0.51	0.56	0.72	0.38	0.69	0.11	-0.28	0.74	0.83		0.7	0.8	0.76	-0.12	0.28	0.61	0.37	0.7	0.66	-0.67	0.75	0.68	-0.76	0.56
Total Current Assets	0.81	0.75	-0.95	0.77	0.9	0.35	1.0	-0.3	-0.18	0.65	0.67	0.7		0.86	0.66	0.18	-0.07	0.78	0.05	0.79	0.23	-0.24	0.31	0.37	-0.3	0.23
Short Term Debt	0.92	0.92	-0.68	0.7	0.89	0.33	0.86	-0.06	-0.52	0.89	0.87	0.8	0.86		0.89	-0.04	0.04	0.84	0.15	0.87	0.62	-0.62	0.68	0.69	-0.63	0.63
Common Stock	0.87	0.89	-0.44	0.5	0.73	0.27	0.66	0.06	-0.53	0.88	0.89	0.76	0.66	0.89		0.0	0.18	0.61	0.29	0.88	0.81	-0.82	0.81	0.9	-0.76	0.78
Other Current Liab	-0.09	-0.1	-0.29	0.01	0.06	-0.12	0.18	-0.8	0.22	-0.14	-0.16	-0.12	0.18	-0.04	0.0		-0.63	-0.12	-0.54	0.22	-0.32	0.31	-0.25	-0.18	0.14	-0.27
Accounts Payable	0.08	0.02	0.17	-0.22	-0.1	-0.14	-0.08	0.57	0.04	0.08	0.2	0.28	-0.07	0.04	0.18	-0.63		-0.1	0.98	0.16	0.42	-0.44	0.39	0.38	-0.3	0.33
Other Stockholder Equity	0.85	0.87	-0.66	0.89	0.92	0.64	0.77	-0.07	-0.49	0.75	0.71	0.61	0.78	0.84	0.61	-0.12	-0.1		0.0	0.65	0.33	-0.33	0.39	0.37	-0.33	0.35
Total Current Liabilities	0.18	0.14	0.06	-0.12	0.03	-0.06	0.04	0.48	-0.01	0.16	0.28	0.37	0.05	0.15	0.29	-0.54	0.98	0.0		0.3	0.45	-0.48	0.44	0.43	-0.34	0.39
Non Current Liabilities Total	0.8	0.78	-0.64	0.51	0.77	0.17	0.79	-0.25	-0.38	0.77	0.76	0.7	0.79	0.87	0.88	0.22	0.16	0.65	0.3		0.56	-0.57	0.62	0.68	-0.56	0.57
Non Current Assets Total	0.66	0.65	0.07	0.14	0.35	0.13	0.22	0.44	-0.53	0.78	0.82	0.66	0.23	0.62	0.81	-0.32	0.42	0.33	0.45	0.56		-0.99	0.96	0.97	-0.91	0.85
Non Currrent Assets Other	-0.65	-0.65	-0.05	-0.15	-0.36	-0.13	-0.24	-0.45	0.45	-0.74	-0.8	-0.67	-0.24	-0.62	-0.82	0.31	-0.44	-0.33	-0.48	-0.57	-0.99		-0.96	-0.97	0.93	-0.85
Short Long Term Debt Total	0.68	0.66	-0.01	0.17	0.41	0.11	0.3	0.32	-0.54	0.78	0.81	0.75	0.31	0.68	0.81	-0.25	0.39	0.39	0.44	0.62	0.96	-0.96		0.92	-0.96	0.87
Net Tangible Assets	0.71	0.71	-0.1	0.2	0.44	0.12	0.36	0.35	-0.49	0.79	0.85	0.68	0.37	0.69	0.9	-0.18	0.38	0.37	0.43	0.68	0.97	-0.97	0.92		-0.87	0.83
Current Deferred Revenue	-0.65	-0.61	0.03	-0.18	-0.38	-0.11	-0.3	-0.26	0.33	-0.71	-0.78	-0.76	-0.3	-0.63	-0.76	0.14	-0.3	-0.33	-0.34	-0.56	-0.91	0.93	-0.96	-0.87		-0.76
Short Long Term Debt	0.56	0.63	0.04	0.14	0.35	0.08	0.22	0.24	-0.7	0.68	0.65	0.56	0.23	0.63	0.78	-0.27	0.33	0.35	0.39	0.57	0.85	-0.85	0.87	0.83	-0.76

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Prime Dividend Account Relationship Matchups

Prime Dividend fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.8M	15.5M	13.6M	12.6M	11.4M	22.7M
Total Stockholder Equity	5.2M	6.8M	4.9M	3.7M	3.4M	3.2M
Net Debt	8.4M	8.2M	7.8M	(1.1M)	(1.2M)	(1.2M)
Cash	946.7K	300.2K	751.3K	1.1M	977.8K	1.9M
Cash And Short Term Investments	946.7K	300.2K	751.3K	12.6M	11.3M	14.7M
Net Receivables	33.4K	31.8K	23.0K	37.7K	34.0K	32.3K
Common Stock Shares Outstanding	941.6K	893.2K	939.2K	621.3K	559.2K	989.1K
Short Term Investments	13.9M	15.2M	12.8M	11.5M	10.4M	20.7M
Liabilities And Stockholders Equity	14.8M	15.5M	13.6M	12.6M	11.4M	22.7M
Total Liab	75.1K	93.8K	8.7M	8.9M	8.0M	11.3M
Total Current Assets	980.1K	332.0K	774.3K	12.6M	11.4M	14.8M
Common Stock	5.2M	6.8M	4.9M	3.7M	3.4M	3.2M
Other Current Liab	(75.1K)	(93.8K)	(95.5K)	127.5K	114.8K	120.5K
Accounts Payable	75.1K	93.8K	95.5K	294.8K	339.0K	302.6K
Other Stockholder Equity	5.2M	6.8M	4.9M	3.7M	3.4M	3.2M
Total Current Liabilities	75.1K	93.8K	95.5K	422.3K	380.1K	287.3K
Non Current Assets Total	13.9M	15.2M	12.8M	11.5M	10.4M	14.8M
Non Currrent Assets Other	(13.9M)	(15.2M)	(12.8M)	(11.5M)	(13.2M)	(13.9M)
Net Tangible Assets	7.0M	5.2M	6.8M	4.9M	4.4M	6.2M
Current Deferred Revenue	(9.3M)	(8.4M)	(8.4M)	(8.2M)	(9.5M)	(10.0M)
Long Term Investments	13.9M	15.2M	12.8M	11.5M	10.4M	12.9M

Pair Trading with Prime Dividend

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 Prime Dividend 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 Prime Dividend will appreciate offsetting losses from the drop in the long position's value.

Moving against Prime Stock

0.91	AEMC	Alaska Energy Metals	Pair Corr
0.8	EOG	Eco Atlantic Oil	Pair Corr
0.62	CMC	Cielo Waste Solutions	Pair Corr

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

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

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

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Prime Free Cash Flow Per Share vs Book Value Per Share Analysis

Free Cash Flow Per Share vs Book Value Per Share

Free Cash Flow Per Share vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Book Value Per Share

Prime Dividend fundamental ratios Correlations

Prime Dividend Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Prime Dividend fundamental ratios Accounts

Pair Trading with Prime Dividend

Moving against Prime Stock

Other Information on Investing in Prime Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Current Liabilities	+ 0.98	Accounts Payable
Net Tangible Assets	+ 0.97	Non Current Assets Total
Total Stockholder Equity	+ 0.96	Total Assets
Short Term Investments	+ 0.96	Total Assets
Short Long Term Debt Total	+ 0.96	Non Current Assets Total

Non Currrent Assets Other	- 0.99	Non Current Assets Total
Net Tangible Assets	- 0.97	Non Currrent Assets Other
Current Deferred Revenue	- 0.96	Short Long Term Debt Total
Short Long Term Debt Total	- 0.96	Non Currrent Assets Other
Total Current Assets	- 0.95	Net Debt
Cash And Short Term Investments	- 0.95	Net Debt