Panoro Cash vs Net Invested Capital Analysis

PML Stock

CAD 0.40 0.01 2.56%

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

Cash vs Net Invested Capital

Cash vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panoro Minerals Cash account and Net Invested Capital. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Panoro Minerals' Cash and Net Invested Capital is 0.15. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Panoro Minerals, assuming nothing else is changed. The correlation between historical values of Panoro Minerals' Cash and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Panoro Minerals are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash i.e., Panoro Minerals' Cash and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Panoro Minerals, which is listed under current asset account on Panoro Minerals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Panoro Minerals customers. The amounts must be unrestricted with restricted cash listed in a different Panoro Minerals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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

Enterprise Value is likely to climb to about 27.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2 M in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	31.2K	31.2K	92.8K	56.3K
Interest Income	60.7K	34.4K	239.4K	251.3K

Reconciled Depreciation Interest Income

Panoro Minerals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Short Term Investments	Non Current Liabilities Total	Other Current Liab	Net Tangible Assets	Common Stock	Property Plant Equipment	Other Current Assets	Long Term Debt	Short Long Term Debt	Short Term Debt	Net Invested Capital
Total Assets		0.35	0.94	-0.14	-0.65	0.01	0.14	0.98	0.22	0.12	0.93	0.28	0.39	0.23	0.57	0.3	-0.24	0.13	0.03	0.53	0.53	-0.06	0.06	0.42	0.0	-0.14
Total Current Liabilities	0.35		0.07	0.25	-0.92	-0.42	-0.23	0.35	-0.26	0.89	0.57	-0.62	0.99	0.06	-0.41	-0.16	0.08	0.45	-0.82	0.82	0.85	0.62	0.72	0.85	-0.59	-0.92
Total Stockholder Equity	0.94	0.07		-0.21	-0.41	0.18	0.21	0.92	0.3	-0.14	0.78	0.53	0.1	0.24	0.71	0.35	-0.33	-0.03	0.24	0.33	0.28	-0.17	-0.15	0.11	0.18	0.13
Net Debt	-0.14	0.25	-0.21		-0.19	0.14	-1.0	0.06	-0.97	-0.01	0.01	-0.43	0.27	-0.92	-0.11	0.04	0.29	-0.01	-0.37	0.4	0.5	0.36	0.41	0.34	-0.04	-0.18
Retained Earnings	-0.65	-0.92	-0.41	-0.19		0.3	0.17	-0.65	0.17	-0.76	-0.81	0.38	-0.93	-0.1	0.09	0.04	0.0	-0.33	0.66	-0.87	-0.9	-0.47	-0.6	-0.83	0.51	0.79
Accounts Payable	0.01	-0.42	0.18	0.14	0.3		-0.15	0.06	-0.1	-0.52	-0.09	0.36	-0.39	-0.25	0.51	0.21	-0.14	-0.83	0.23	-0.17	-0.14	-0.02	-0.09	-0.31	0.32	0.57
Cash	0.14	-0.23	0.21	-1.0	0.17	-0.15		-0.06	0.97	0.03	0.0	0.41	-0.25	0.93	0.09	-0.05	-0.28	0.03	0.35	-0.39	-0.48	-0.35	-0.4	-0.32	0.02	0.15
Non Current Assets Total	0.98	0.35	0.92	0.06	-0.65	0.06	-0.06		0.02	0.06	0.93	0.22	0.39	0.02	0.6	0.29	-0.19	0.09	0.0	0.57	0.59	-0.04	0.11	0.46	0.02	-0.12
Cash And Short Term Investments	0.22	-0.26	0.3	-0.97	0.17	-0.1	0.97	0.02		-0.06	0.04	0.51	-0.26	0.93	0.19	0.21	-0.29	0.07	0.47	-0.32	-0.45	-0.37	-0.46	-0.36	0.14	0.23
Net Receivables	0.12	0.89	-0.14	-0.01	-0.76	-0.52	0.03	0.06	-0.06		0.34	-0.56	0.85	0.3	-0.64	-0.36	0.06	0.4	-0.84	0.55	0.6	0.64	0.7	0.64	-0.7	-0.95
Common Stock Shares Outstanding	0.93	0.57	0.78	0.01	-0.81	-0.09	0.0	0.93	0.04	0.34		0.02	0.6	0.13	0.37	0.17	-0.15	0.2	-0.21	0.64	0.74	0.1	0.32	0.66	-0.17	-0.4
Other Stockholder Equity	0.28	-0.62	0.53	-0.43	0.38	0.36	0.41	0.22	0.51	-0.56	0.02		-0.61	0.31	0.48	0.39	-0.36	-0.21	0.65	-0.38	-0.46	-0.27	-0.56	-0.72	0.42	0.6
Total Liab	0.39	0.99	0.1	0.27	-0.93	-0.39	-0.25	0.39	-0.26	0.85	0.6	-0.61		0.05	-0.34	-0.08	0.1	0.45	-0.78	0.86	0.88	0.58	0.68	0.87	-0.56	-0.88
Total Current Assets	0.23	0.06	0.24	-0.92	-0.1	-0.25	0.93	0.02	0.93	0.3	0.13	0.31	0.05		-0.05	0.08	-0.28	0.2	0.13	-0.1	-0.23	-0.08	-0.19	-0.15	-0.1	-0.11
Property Plant And Equipment Net	0.57	-0.41	0.71	-0.11	0.09	0.51	0.09	0.6	0.19	-0.64	0.37	0.48	-0.34	-0.05		0.38	-0.12	-0.42	0.61	0.02	-0.09	-0.66	-0.55	-0.12	0.43	0.67
Short Term Investments	0.3	-0.16	0.35	0.04	0.04	0.21	-0.05	0.29	0.21	-0.36	0.17	0.39	-0.08	0.08	0.38		-0.05	0.18	0.48	0.22	0.09	-0.11	-0.26	-0.17	0.48	0.31
Non Current Liabilities Total	-0.24	0.08	-0.33	0.29	0.0	-0.14	-0.28	-0.19	-0.29	0.06	-0.15	-0.36	0.1	-0.28	-0.12	-0.05		0.0	-0.07	0.1	0.11	-0.05	0.05	0.16	-0.12	-0.09
Other Current Liab	0.13	0.45	-0.03	-0.01	-0.33	-0.83	0.03	0.09	0.07	0.4	0.2	-0.21	0.45	0.2	-0.42	0.18	0.0		-0.1	0.35	0.32	0.15	0.07	0.32	0.03	-0.5
Net Tangible Assets	0.03	-0.82	0.24	-0.37	0.66	0.23	0.35	0.0	0.47	-0.84	-0.21	0.65	-0.78	0.13	0.61	0.48	-0.07	-0.1		-0.5	-0.6	-0.78	-0.84	-0.61	0.72	0.86
Common Stock	0.53	0.82	0.33	0.4	-0.87	-0.17	-0.39	0.57	-0.32	0.55	0.64	-0.38	0.86	-0.1	0.02	0.22	0.1	0.35	-0.5		0.88	0.39	0.39	0.73	-0.31	-0.58
Property Plant Equipment	0.53	0.85	0.28	0.5	-0.9	-0.14	-0.48	0.59	-0.45	0.6	0.74	-0.46	0.88	-0.23	-0.09	0.09	0.11	0.32	-0.6	0.88		0.52	0.67	0.87	-0.31	-0.7
Other Current Assets	-0.06	0.62	-0.17	0.36	-0.47	-0.02	-0.35	-0.04	-0.37	0.64	0.1	-0.27	0.58	-0.08	-0.66	-0.11	-0.05	0.15	-0.78	0.39	0.52		0.82	0.29	-0.4	-0.71
Long Term Debt	0.06	0.72	-0.15	0.41	-0.6	-0.09	-0.4	0.11	-0.46	0.7	0.32	-0.56	0.68	-0.19	-0.55	-0.26	0.05	0.07	-0.84	0.39	0.67	0.82		0.62	-0.51	-0.8
Short Long Term Debt	0.42	0.85	0.11	0.34	-0.83	-0.31	-0.32	0.46	-0.36	0.64	0.66	-0.72	0.87	-0.15	-0.12	-0.17	0.16	0.32	-0.61	0.73	0.87	0.29	0.62		-0.4	-0.72
Short Term Debt	0.0	-0.59	0.18	-0.04	0.51	0.32	0.02	0.02	0.14	-0.7	-0.17	0.42	-0.56	-0.1	0.43	0.48	-0.12	0.03	0.72	-0.31	-0.31	-0.4	-0.51	-0.4		0.67
Net Invested Capital	-0.14	-0.92	0.13	-0.18	0.79	0.57	0.15	-0.12	0.23	-0.95	-0.4	0.6	-0.88	-0.11	0.67	0.31	-0.09	-0.5	0.86	-0.58	-0.7	-0.71	-0.8	-0.72	0.67

Click cells to compare fundamentals

Panoro Minerals Account Relationship Matchups

Panoro Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	76.5M	77.9M	71.2M	74.1M	70.8M	54.0M
Total Current Liabilities	10.0M	11.6M	13.3M	17.1M	17.4M	18.3M
Total Stockholder Equity	63.9M	62.9M	54.6M	54.1M	50.6M	47.0M
Net Debt	(373.3K)	(734.5K)	(10.2M)	(7.2M)	(136.5K)	(143.3K)
Retained Earnings	(42.3M)	(43.4M)	(51.6M)	(52.2M)	(53.6M)	(50.9M)
Accounts Payable	1.5M	1.4M	682.7K	(10.5M)	1.1M	1.1M
Cash	470.1K	752.5K	10.5M	7.5M	338.3K	321.4K
Non Current Assets Total	75.7M	75.7M	57.7M	63.2M	67.2M	48.5M
Cash And Short Term Investments	470.4K	753.4K	10.5M	7.5M	338.4K	321.5K
Net Receivables	281.4K	1.4M	2.9M	3.3M	3.0M	3.2M
Common Stock Shares Outstanding	263.8M	264.0M	264.4M	264.4M	304.0M	171.7M
Liabilities And Stockholders Equity	76.5M	77.9M	71.2M	74.1M	70.8M	54.0M
Total Liab	12.6M	15.0M	16.5M	20.0M	20.2M	21.2M
Total Current Assets	783.6K	2.1M	13.5M	10.9M	3.6M	5.5M
Property Plant And Equipment Net	75.7M	74.7M	53.4M	396.6K	289.1K	274.7K
Accumulated Other Comprehensive Income	(9.7K)	(9.1K)	(9.5K)	12.2M	12.6M	13.3M
Short Term Investments	300.0	933.0	533.0	160.0	146.36	139.04
Non Current Liabilities Total	2.6M	3.4M	3.2M	2.9M	2.8M	2.5M
Other Current Liab	1.4M	1.1M	1.2M	16.5M	4.3M	4.7M
Net Tangible Assets	71.3M	68.9M	63.9M	62.9M	56.6M	54.4M
Property Plant Equipment	73.4M	77.5M	75.7M	74.7M	85.9M	77.4M
Other Current Assets	31.8K	22.2K	33.4K	64.4K	236.0K	247.8K
Non Currrent Assets Other	73.4M	77.5M	75.7M	58.4M	62.5M	63.7M
Short Term Debt	78.8K	18.0K	41.4K	89.3K	68.6K	65.2K
Net Invested Capital	63.9M	62.9M	54.6M	39.8M	38.4M	45.7M
Net Working Capital	(9.2M)	(9.5M)	144.3K	(4.6M)	(10.5M)	(10.0M)
Current Deferred Revenue	8.4M	10.2M	12.0M	11.0M	12M	11.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Panoro Stock Analysis

When running Panoro Minerals' price analysis, check to measure Panoro Minerals' 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 Panoro Minerals is operating at the current time. Most of Panoro Minerals' value examination focuses on studying past and present price action to predict the probability of Panoro Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Panoro Minerals' price. Additionally, you may evaluate how the addition of Panoro Minerals to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC