Patagonia Ptb Ratio vs Days Sales Outstanding Analysis

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 Ptb Ratio and its Days Sales Outstanding 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.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patagonia Gold Corp Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Patagonia Gold's Ptb Ratio and Days Sales Outstanding is 0.13. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding 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 Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Patagonia Gold Corp are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Patagonia Gold's Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Days Sales Outstanding

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).
 2023 2024 (projected)
Research Development18.6M19.6M
Interest Expense1.7M974.6K

Patagonia Gold fundamental ratios Correlations

0.670.610.6-0.8-0.180.720.26-0.180.310.820.70.510.230.420.250.660.480.39-0.140.80.350.01-0.720.540.48
0.670.210.66-0.53-0.340.340.44-0.320.520.480.590.57-0.070.390.210.250.57-0.02-0.490.730.370.23-0.450.920.64
0.610.21-0.1-0.350.40.30.140.40.120.460.050.650.610.52-0.250.250.61-0.110.470.110.30.38-0.610.210.45
0.60.66-0.1-0.68-0.790.730.24-0.780.320.440.950.14-0.170.110.430.740.030.68-0.720.91-0.15-0.42-0.310.650.39
-0.8-0.53-0.35-0.680.29-0.86-0.210.27-0.16-0.89-0.79-0.12-0.33-0.21-0.38-0.78-0.3-0.590.27-0.76-0.27-0.020.86-0.44-0.13
-0.18-0.340.4-0.790.29-0.39-0.150.99-0.04-0.11-0.610.180.270.11-0.25-0.470.25-0.50.77-0.650.270.55-0.14-0.42-0.18
0.720.340.30.73-0.86-0.390.14-0.38-0.030.720.87-0.010.30.030.520.960.140.82-0.240.7-0.13-0.21-0.70.270.06
0.260.440.140.24-0.21-0.150.14-0.040.090.220.180.16-0.060.36-0.13-0.030.48-0.11-0.490.260.250.4-0.210.350.23
-0.18-0.320.4-0.780.270.99-0.38-0.04-0.07-0.08-0.60.180.250.12-0.26-0.470.25-0.50.71-0.640.270.56-0.15-0.41-0.18
0.310.520.120.32-0.16-0.04-0.030.09-0.070.020.280.68-0.110.75-0.22-0.060.47-0.05-0.220.360.110.14-0.190.520.74
0.820.480.460.44-0.89-0.110.720.22-0.080.020.570.120.360.230.320.610.40.38-0.120.630.410.18-0.860.320.03
0.70.590.050.95-0.79-0.610.870.18-0.60.280.570.16-0.030.130.560.860.090.79-0.540.87-0.16-0.37-0.50.530.32
0.510.570.650.14-0.120.18-0.010.160.180.680.120.160.160.75-0.22-0.010.61-0.250.120.270.220.23-0.270.60.92
0.23-0.070.61-0.17-0.330.270.3-0.060.25-0.110.36-0.030.160.20.060.230.310.00.590.020.150.45-0.590.040.06
0.420.390.520.11-0.210.110.030.360.120.750.230.130.750.2-0.37-0.070.73-0.14-0.070.20.20.37-0.380.340.73
0.250.21-0.250.43-0.38-0.250.52-0.13-0.26-0.220.320.56-0.220.06-0.370.51-0.220.54-0.090.4-0.17-0.28-0.230.09-0.18
0.660.250.250.74-0.78-0.470.96-0.03-0.47-0.060.610.86-0.010.23-0.070.51-0.070.88-0.220.69-0.25-0.44-0.540.240.08
0.480.570.610.03-0.30.250.140.480.250.470.40.090.610.310.73-0.22-0.07-0.330.020.150.470.76-0.610.430.51
0.39-0.02-0.110.68-0.59-0.50.82-0.11-0.5-0.050.380.79-0.250.0-0.140.540.88-0.33-0.30.55-0.43-0.64-0.27-0.06-0.11
-0.14-0.490.47-0.720.270.77-0.24-0.490.71-0.22-0.12-0.540.120.59-0.07-0.09-0.220.02-0.3-0.530.110.28-0.09-0.45-0.15
0.80.730.110.91-0.76-0.650.70.26-0.640.360.630.870.270.020.20.40.690.150.55-0.530.14-0.26-0.450.710.45
0.350.370.3-0.15-0.270.27-0.130.250.270.110.41-0.160.220.150.2-0.17-0.250.47-0.430.110.140.52-0.370.230.07
0.010.230.38-0.42-0.020.55-0.210.40.560.140.18-0.370.230.450.37-0.28-0.440.76-0.640.28-0.260.52-0.450.150.05
-0.72-0.45-0.61-0.310.86-0.14-0.7-0.21-0.15-0.19-0.86-0.5-0.27-0.59-0.38-0.23-0.54-0.61-0.27-0.09-0.45-0.37-0.45-0.33-0.14
0.540.920.210.65-0.44-0.420.270.35-0.410.520.320.530.60.040.340.090.240.43-0.06-0.450.710.230.15-0.330.72
0.480.640.450.39-0.13-0.180.060.23-0.180.740.030.320.920.060.73-0.180.080.51-0.11-0.150.450.070.05-0.140.72
Click cells to compare fundamentals

Patagonia Gold Account Relationship Matchups

Patagonia Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.9M54.8M60.1M57.7M66.4M36.9M
Total Current Liabilities29.4M28.0M14.5M14.3M16.4M12.1M
Total Stockholder Equity24.9M9.4M22.7M19.1M22.0M19.4M
Net Debt22.5M26.7M24.1M22.7M26.1M27.4M
Retained Earnings(178.5M)(174.3M)(190.5M)(201.7M)(181.5M)(172.5M)
Cash654K685K819K291K261.9K248.8K
Non Current Assets Total44.4M49.2M53.9M51.2M58.9M61.8M
Non Currrent Assets Other3.1M3.8M3.5M1.4M1.6M1.6M
Cash And Short Term Investments654K685K819K291K261.9K248.8K
Common Stock Shares Outstanding23.6M282.3M325.5M446.4M513.3M484.9M
Liabilities And Stockholders Equity55.9M54.8M60.1M57.7M66.4M36.9M
Other Stockholder Equity180.1M181.7M186.2M189.7M218.1M119.4M
Total Liab32.5M45.6M38.7M40.0M46.0M48.4M
Total Current Assets11.5M5.5M6.1M6.6M7.5M8.6M
Common Stock301K2.6M7.3M11.2M12.9M10.4M
Other Current Liab1.9M7.6M144K2.9M3.3M3.5M
Property Plant And Equipment Net39.7M36.1M46.4M45.7M52.6M55.2M
Accounts Payable5.1M4.4M4.2M3.9M4.5M4.7M
Non Current Liabilities Total3.1M17.6M24.1M25.8M29.6M31.1M
Short Long Term Debt Total23.2M27.3M24.9M23.0M26.4M16.3M
Other Assets6.7M3.5M1.4M1.7M1.9M3.8M
Short Term Debt22.5M15.3M10.0M7.2M8.3M10.9M
Inventory5.9M3.3M3.3M3.8M4.3M6.4M
Net Receivables4.8M1.5M2.0M2.5M2.9M3.4M
Accumulated Other Comprehensive Income22.9M(575K)19.7M19.9M22.9M24.0M
Other Liab631K10.7M9.2M10.0M11.5M6.1M
Net Tangible Assets139K(5.9M)1.5M(2.1M)(1.9M)(1.8M)
Long Term Debt674K12.0M14.9M15.8M18.1M9.9M
Long Term Investments11K334K16K15K17.3K16.4K
Property Plant Equipment12.0M31.1M29.2M28.6M32.9M28.1M
Net Invested Capital25.5M36.6M47.6M42.1M48.4M41.2M
Net Working Capital(17.9M)(22.5M)(8.4M)(7.7M)(7.0M)(7.3M)

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