PGDC Stock | | | CAD 0.04 0.00 0.00% |
Patagonia Gold financial indicator trend analysis is much more than just breaking down Patagonia Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patagonia Gold Corp is a good investment. Please check the relationship between Patagonia Gold Book Value Per Share and its Capex To Depreciation accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patagonia Gold 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 main economic indicators.
Book Value Per Share vs Capex To Depreciation
Book Value Per Share vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Patagonia Gold Corp Book Value Per Share account and
Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Patagonia Gold's Book Value Per Share and Capex To Depreciation is 0.11. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Patagonia Gold Corp, assuming nothing else is changed. The correlation between historical values of Patagonia Gold's Book Value Per Share and Capex To Depreciation 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 Patagonia Gold Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Book Value Per Share i.e., Patagonia Gold's Book Value Per Share and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Patagonia Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patagonia Gold 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 Patagonia Gold 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 main economic indicators.
At this time, Patagonia Gold's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 8.9
M in 2024, despite the fact that
Tax Provision is likely to grow to (151.3
K).
Patagonia Gold fundamental ratios Correlations
Click cells to compare fundamentals
Patagonia Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Patagonia Gold fundamental ratios Accounts
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Additional Tools for Patagonia Stock Analysis
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measure Patagonia Gold'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 Patagonia Gold is operating at the current time. Most of Patagonia Gold's value examination focuses on studying past and present price action to
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