| PE Stock | | | CAD 0.30 0.01 3.23% |
Pure Energy financial indicator trend analysis is much more than just breaking down Pure Energy Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pure Energy Minerals is a good investment. Please check the relationship between Pure Energy Days Sales Outstanding and its Free Cash Flow Yield accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Energy 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.
Days Sales Outstanding vs Free Cash Flow Yield
Days Sales Outstanding vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pure Energy Minerals Days Sales Outstanding account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.
The correlation between Pure Energy's Days Sales Outstanding and Free Cash Flow Yield is 0.32. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Pure Energy Minerals, assuming nothing else is changed. The correlation between historical values of Pure Energy's Days Sales Outstanding 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 Days Sales Outstanding of Pure Energy Minerals 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 Days Sales Outstanding i.e., Pure Energy's Days Sales Outstanding and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.32 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Days Sales Outstanding
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 Pure Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pure Energy 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Energy 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.
Sales General And Administrative To Revenue is likely to climb to 2.99 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.1
M in 2024.
Pure Energy fundamental ratios Correlations
Click cells to compare fundamentals
Pure Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pure Energy fundamental ratios Accounts
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Additional Tools for Pure Stock Analysis
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measure Pure Energy's 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 Pure Energy is operating at the current time. Most of Pure Energy's value examination focuses on studying past and present price action to
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