Perseus Cash Per Share vs Roic Analysis

PRU Stock

CAD 2.42 0.05 2.11%

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

Cash Per Share vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perseus Mining Cash Per Share account and Roic. At this time, the significance of the direction appears to have weak relationship.

The correlation between Perseus Mining's Cash Per Share and Roic is 0.37. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Roic in the same time period over historical financial statements of Perseus Mining, assuming nothing else is changed. The correlation between historical values of Perseus Mining's Cash Per Share and Roic 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 Per Share of Perseus Mining are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Cash Per Share i.e., Perseus Mining's Cash Per Share and Roic go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash Per Share

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

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

At this time, Perseus Mining's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Tax Provision is likely to grow to about 71.8 M, while Issuance Of Capital Stock is likely to drop about 44.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	9.4M	6.3M	4.4M	2.9M
Depreciation And Amortization	215.3M	219.9M	95.2M	68.7M

Interest Expense Depreciation And Amortization

Perseus Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Non Currrent Assets Other	Non Current Liabilities Total	Inventory	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt
Total Assets		-0.53	0.88	0.64	0.97	-0.53	0.41	0.97	0.86	0.97	0.6	-0.18	0.75	0.85	0.73	0.5	0.73	0.96	0.66	0.71	-0.79	0.43	0.85	0.1	0.15	-0.59
Other Current Liab	-0.53		-0.13	-0.44	-0.38	0.55	-0.45	-0.42	-0.68	-0.38	-0.52	0.47	-0.04	-0.29	-0.63	-0.09	-0.07	-0.53	-0.51	-0.26	0.34	-0.1	-0.34	0.19	-0.29	0.61
Total Current Liabilities	0.88	-0.13		0.49	0.9	-0.33	0.23	0.89	0.66	0.9	0.42	-0.01	0.78	0.79	0.58	0.54	0.79	0.84	0.49	0.66	-0.77	0.42	0.82	0.18	0.04	-0.28
Total Stockholder Equity	0.64	-0.44	0.49		0.56	-0.93	0.94	0.58	0.81	0.6	0.97	-0.45	0.49	0.63	0.43	0.38	0.3	0.61	0.98	0.94	-0.21	0.12	0.49	-0.27	0.28	-0.71
Property Plant And Equipment Net	0.97	-0.38	0.9	0.56		-0.39	0.29	0.97	0.73	1.0	0.47	-0.07	0.82	0.89	0.66	0.49	0.8	0.94	0.55	0.71	-0.85	0.51	0.89	0.19	0.02	-0.55
Net Debt	-0.53	0.55	-0.33	-0.93	-0.39		-0.96	-0.42	-0.83	-0.44	-0.98	0.54	-0.27	-0.42	-0.42	-0.24	-0.04	-0.51	-0.96	-0.78	0.04	0.09	-0.27	0.46	-0.36	0.61
Retained Earnings	0.41	-0.45	0.23	0.94	0.29	-0.96		0.33	0.72	0.34	0.97	-0.56	0.21	0.37	0.29	0.27	0.03	0.41	0.95	0.78	0.05	-0.06	0.23	-0.37	0.38	-0.63
Accounts Payable	0.97	-0.42	0.89	0.58	0.97	-0.42	0.33		0.77	0.97	0.51	-0.16	0.77	0.84	0.68	0.48	0.81	0.96	0.58	0.69	-0.8	0.48	0.89	0.22	0.11	-0.6
Cash	0.86	-0.68	0.66	0.81	0.73	-0.83	0.72	0.77		0.75	0.86	-0.46	0.44	0.61	0.67	0.41	0.45	0.81	0.87	0.73	-0.49	0.24	0.62	-0.14	0.42	-0.66
Non Current Assets Total	0.97	-0.38	0.9	0.6	1.0	-0.44	0.34	0.97	0.75		0.51	-0.09	0.83	0.89	0.66	0.5	0.78	0.95	0.58	0.73	-0.81	0.48	0.86	0.15	0.03	-0.55
Cash And Short Term Investments	0.6	-0.52	0.42	0.97	0.47	-0.98	0.97	0.51	0.86	0.51		-0.55	0.35	0.51	0.41	0.36	0.22	0.57	0.99	0.85	-0.14	0.07	0.4	-0.28	0.43	-0.69
Net Receivables	-0.18	0.47	-0.01	-0.45	-0.07	0.54	-0.56	-0.16	-0.46	-0.09	-0.55		0.13	-0.12	0.13	-0.03	0.05	-0.25	-0.49	-0.27	0.06	0.05	-0.07	0.04	-0.72	0.56
Common Stock Total Equity	0.75	-0.04	0.78	0.49	0.82	-0.27	0.21	0.77	0.44	0.83	0.35	0.13		0.92	0.47	0.4	0.69	0.67	0.43	0.71	-0.59	0.45	0.71	0.13	-0.12	-0.44
Common Stock Shares Outstanding	0.85	-0.29	0.79	0.63	0.89	-0.42	0.37	0.84	0.61	0.89	0.51	-0.12	0.92		0.47	0.52	0.73	0.81	0.59	0.78	-0.75	0.46	0.85	0.21	0.1	-0.62
Other Current Assets	0.73	-0.63	0.58	0.43	0.66	-0.42	0.29	0.68	0.67	0.66	0.41	0.13	0.47	0.47		0.22	0.38	0.67	0.47	0.42	-0.44	0.25	0.55	-0.17	-0.17	-0.34
Other Stockholder Equity	0.5	-0.09	0.54	0.38	0.49	-0.24	0.27	0.48	0.41	0.5	0.36	-0.03	0.4	0.52	0.22		0.61	0.39	0.39	0.42	-0.45	0.38	0.46	0.45	0.01	-0.18
Total Liab	0.73	-0.07	0.79	0.3	0.8	-0.04	0.03	0.81	0.45	0.78	0.22	0.05	0.69	0.73	0.38	0.61		0.7	0.3	0.5	-0.79	0.79	0.84	0.68	0.15	-0.43
Property Plant And Equipment Gross	0.96	-0.53	0.84	0.61	0.94	-0.51	0.41	0.96	0.81	0.95	0.57	-0.25	0.67	0.81	0.67	0.39	0.7		0.63	0.67	-0.79	0.37	0.86	0.12	0.2	-0.59
Total Current Assets	0.66	-0.51	0.49	0.98	0.55	-0.96	0.95	0.58	0.87	0.58	0.99	-0.49	0.43	0.59	0.47	0.39	0.3	0.63		0.89	-0.21	0.12	0.49	-0.23	0.39	-0.72
Common Stock	0.71	-0.26	0.66	0.94	0.71	-0.78	0.78	0.69	0.73	0.73	0.85	-0.27	0.71	0.78	0.42	0.42	0.5	0.67	0.89		-0.37	0.27	0.64	-0.14	0.15	-0.68
Non Currrent Assets Other	-0.79	0.34	-0.77	-0.21	-0.85	0.04	0.05	-0.8	-0.49	-0.81	-0.14	0.06	-0.59	-0.75	-0.44	-0.45	-0.79	-0.79	-0.21	-0.37		-0.51	-0.87	-0.44	-0.07	0.36
Non Current Liabilities Total	0.43	-0.1	0.42	0.12	0.51	0.09	-0.06	0.48	0.24	0.48	0.07	0.05	0.45	0.46	0.25	0.38	0.79	0.37	0.12	0.27	-0.51		0.47	0.66	0.2	-0.42
Inventory	0.85	-0.34	0.82	0.49	0.89	-0.27	0.23	0.89	0.62	0.86	0.4	-0.07	0.71	0.85	0.55	0.46	0.84	0.86	0.49	0.64	-0.87	0.47		0.36	0.14	-0.56
Short Long Term Debt Total	0.1	0.19	0.18	-0.27	0.19	0.46	-0.37	0.22	-0.14	0.15	-0.28	0.04	0.13	0.21	-0.17	0.45	0.68	0.12	-0.23	-0.14	-0.44	0.66	0.36		0.26	-0.14
Current Deferred Revenue	0.15	-0.29	0.04	0.28	0.02	-0.36	0.38	0.11	0.42	0.03	0.43	-0.72	-0.12	0.1	-0.17	0.01	0.15	0.2	0.39	0.15	-0.07	0.2	0.14	0.26		-0.48
Short Term Debt	-0.59	0.61	-0.28	-0.71	-0.55	0.61	-0.63	-0.6	-0.66	-0.55	-0.69	0.56	-0.44	-0.62	-0.34	-0.18	-0.43	-0.59	-0.72	-0.68	0.36	-0.42	-0.56	-0.14	-0.48

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Perseus Mining Account Relationship Matchups

Perseus Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.4B	2.0B	2.4B	1.3B	855.0M
Other Current Liab	8.4M	2.8M	9.4M	(49.8M)	2.3M	2.2M
Total Current Liabilities	109.8M	124.6M	168.1M	172.2M	99.8M	79.5M
Total Stockholder Equity	866.8M	1.0B	1.5B	1.9B	2.4B	2.5B
Property Plant And Equipment Net	868.0M	990.4M	1.3B	1.3B	752.8M	556.1M
Net Debt	1.3M	(44.1M)	(340.3M)	(725.0M)	(799.1M)	(759.2M)
Retained Earnings	32.8M	149.0M	372.6M	763.1M	1.3B	1.3B
Accounts Payable	100.1M	120.0M	148.2M	151.3M	85.9M	60.6M
Cash	218.2M	181.5M	426.8M	728.9M	358.9M	376.8M
Non Current Assets Total	868.7M	991.2M	1.3B	1.3B	863.8M	579.1M
Cash And Short Term Investments	218.2M	181.5M	426.8M	728.9M	803.9M	844.1M
Net Receivables	8.8M	8.2M	8.3M	2.0M	2.0M	1.9M
Common Stock Shares Outstanding	1.2B	1.2B	1.3B	1.4B	1.4B	748.2M
Liabilities And Stockholders Equity	1.3B	1.4B	2.0B	2.4B	1.3B	860.2M
Other Current Assets	26.4M	42.0M	31.9M	91.0M	30.5M	24.9M
Total Liab	420.2M	350.5M	346.5M	270.2M	137.6M	164.7M
Property Plant And Equipment Gross	868.0M	1.8B	2.1B	2.3B	1.2B	721.3M
Total Current Assets	362.7M	403.3M	618.8M	969.2M	1.0B	1.1B
Accumulated Other Comprehensive Income	57.5M	32.0M	43.7M	123.9M	(155.8M)	(148.0M)
Non Currrent Assets Other	(868.7M)	(991.2M)	(1.3B)	(1.3B)	34.1M	35.8M
Non Current Liabilities Total	217.7M	133.2M	72.5M	99.4M	37.7M	72.1M
Inventory	117.1M	178.5M	158.9M	166.9M	74.5M	89.4M
Short Long Term Debt Total	219.5M	137.4M	86.5M	3.9M	2.2M	2.0M
Current Deferred Revenue	(1.3M)	(1.7M)	(10.4M)	(2.5M)	(2.9M)	(3.1M)
Short Term Debt	1.3M	1.7M	10.4M	1.7M	1.1M	1.1M
Short Term Investments	5.1M	41.7M	112.5M	445.1M	511.8M	537.4M
Other Assets	64.3M	15.1M	63.0M	138.9M	(574.8M)	(546.1M)
Other Liab	92.2M	90.2M	102.4M	96.7M	111.2M	82.0M
Net Tangible Assets	866.8M	1.0B	1.5B	1.9B	2.2B	2.3B
Long Term Investments	667K	797K	24.7M	23.9M	21.4M	22.4M
Property Plant Equipment	868.0M	990.4M	1.3B	1.3B	1.5B	890.4M
Net Invested Capital	1.1B	1.2B	1.5B	1.9B	1.1B	1.3B
Net Working Capital	252.9M	278.7M	450.7M	797.0M	363.7M	330.5M
Long Term Debt	37.0M	217.7M	133.2M	72.5M	83.4M	112.8M

Pair Trading with Perseus Mining

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 Perseus Mining 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 Perseus Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Perseus Stock

0.83

First Majestic Silver

Pair Corr

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

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

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

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Perseus Cash Per Share vs Roic Analysis

Cash Per Share vs Roic

Cash Per Share vs Roic Correlation Analysis

Correlation Coefficient

Cash Per Share

Roic

Perseus Mining fundamental ratios Correlations

Perseus Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Perseus Mining fundamental ratios Accounts

Pair Trading with Perseus Mining

Moving together with Perseus Stock

Other Information on Investing in Perseus Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Current Assets	+ 0.98	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.97	Total Assets
Accounts Payable	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Total Assets

Cash And Short Term Investments	- 0.98	Net Debt
Total Current Assets	- 0.96	Net Debt
Retained Earnings	- 0.96	Net Debt
Net Debt	- 0.93	Total Stockholder Equity
Inventory	- 0.87	Non Currrent Assets Other
Non Currrent Assets Other	- 0.85	Property Plant And Equipment Net