Orex Free Cash Flow Yield vs Pb Ratio Analysis

REX Stock

CAD 0.16 0.01 5.88%

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

Free Cash Flow Yield vs Pb Ratio

Free Cash Flow Yield vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orex Minerals Free Cash Flow Yield account and Pb Ratio. At this time, the significance of the direction appears to have strong relationship.

The correlation between Orex Minerals' Free Cash Flow Yield and Pb Ratio is 0.78. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Orex Minerals, assuming nothing else is changed. The correlation between historical values of Orex Minerals' Free Cash Flow Yield and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Orex Minerals are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Orex Minerals' Free Cash Flow Yield and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Pb Ratio

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

At this time, Orex Minerals' Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 4.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 162.6 K in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	2.1M	1.9M	2.2M	2.7M
Depreciation And Amortization	5.3K	4.0K	3.6K	3.4K

Other Operating Expenses Depreciation And Amortization

Orex Minerals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Property Plant And Equipment Net	Non Current Assets Total	Short Term Investments	Common Stock	Non Currrent Assets Other	Other Liab	Net Tangible Assets	Other Assets	Property Plant Equipment	Short Long Term Debt Total	Deferred Long Term Liab
Total Assets		0.49	0.49	0.96	-0.39	-0.11	0.86	0.43	0.43	0.59	0.76	0.92	0.5	0.68	0.31	0.79	0.83	0.21	0.6	0.26	0.47	0.61	0.33	0.44	0.21	0.48
Other Current Liab	0.49		0.66	0.29	0.09	0.11	0.68	-0.07	-0.1	0.07	0.73	0.52	0.77	0.06	0.0	0.69	0.63	0.18	0.45	-0.29	0.59	0.58	0.02	0.62	0.18	0.59
Total Current Liabilities	0.49	0.66		0.23	0.3	0.01	0.71	-0.3	-0.29	0.05	0.78	0.56	0.98	-0.07	-0.07	0.76	0.73	0.05	0.53	-0.37	0.64	0.58	-0.07	0.63	0.05	0.65
Total Stockholder Equity	0.96	0.29	0.23		-0.53	-0.14	0.73	0.58	0.57	0.65	0.59	0.85	0.23	0.79	0.37	0.63	0.69	0.22	0.5	0.42	0.31	0.48	0.4	0.28	0.22	0.32
Net Debt	-0.39	0.09	0.3	-0.53		-0.03	-0.04	-0.92	-0.99	-0.33	0.13	-0.1	0.27	-0.49	-0.36	-0.07	-0.16	-0.17	-0.01	-0.32	0.26	-0.11	-0.43	0.09	-0.17	0.25
Retained Earnings	-0.11	0.11	0.01	-0.14	-0.03		0.0	0.02	-0.03	0.06	-0.01	-0.04	0.04	-0.03	0.29	0.11	-0.08	0.38	-0.73	-0.16	0.38	0.58	0.31	0.58	0.38	0.4
Accounts Payable	0.86	0.68	0.71	0.73	-0.04	0.0		0.06	0.08	0.38	0.87	0.88	0.72	0.44	0.11	0.86	0.83	0.16	0.58	-0.03	0.68	0.7	0.32	0.63	0.16	0.68
Cash	0.43	-0.07	-0.3	0.58	-0.92	0.02	0.06		0.9	0.33	-0.08	0.12	-0.28	0.62	0.33	0.08	0.14	0.38	0.04	0.29	-0.23	0.13	0.4	-0.09	0.38	-0.22
Cash And Short Term Investments	0.43	-0.1	-0.29	0.57	-0.99	-0.03	0.08	0.9		0.37	-0.11	0.14	-0.27	0.54	0.34	0.06	0.16	0.09	0.05	0.36	-0.24	0.11	0.43	-0.12	0.09	-0.24
Common Stock Shares Outstanding	0.59	0.07	0.05	0.65	-0.33	0.06	0.38	0.33	0.37		0.21	0.59	0.04	0.69	0.62	0.23	0.26	0.16	0.09	0.79	0.02	0.22	0.53	0.0	0.16	0.02
Other Current Assets	0.76	0.73	0.78	0.59	0.13	-0.01	0.87	-0.08	-0.11	0.21		0.82	0.8	0.25	-0.15	0.92	0.85	0.22	0.63	-0.23	0.84	0.72	-0.14	0.75	0.22	0.84
Other Stockholder Equity	0.92	0.52	0.56	0.85	-0.1	-0.04	0.88	0.12	0.14	0.59	0.82		0.56	0.59	0.34	0.8	0.79	0.16	0.55	0.26	0.6	0.65	0.25	0.53	0.16	0.61
Total Liab	0.5	0.77	0.98	0.23	0.27	0.04	0.72	-0.28	-0.27	0.04	0.8	0.56		-0.09	-0.06	0.78	0.75	0.04	0.52	-0.38	0.67	0.61	-0.07	0.66	0.04	0.67
Total Current Assets	0.68	0.06	-0.07	0.79	-0.49	-0.03	0.44	0.62	0.54	0.69	0.25	0.59	-0.09		0.45	0.18	0.17	0.39	0.22	0.56	0.07	0.28	0.48	-0.02	0.39	0.08
Net Receivables	0.31	0.0	-0.07	0.37	-0.36	0.29	0.11	0.33	0.34	0.62	-0.15	0.34	-0.06	0.45		0.02	0.09	0.18	-0.21	0.62	-0.23	0.17	0.73	-0.06	0.18	-0.22
Property Plant And Equipment Net	0.79	0.69	0.76	0.63	-0.07	0.11	0.86	0.08	0.06	0.23	0.92	0.8	0.78	0.18	0.02		0.96	0.26	0.53	-0.21	0.75	0.77	0.04	0.81	0.26	0.76
Non Current Assets Total	0.83	0.63	0.73	0.69	-0.16	-0.08	0.83	0.14	0.16	0.26	0.85	0.79	0.75	0.17	0.09	0.96		0.1	0.63	-0.1	0.59	0.63	0.09	0.65	0.1	0.6
Short Term Investments	0.21	0.18	0.05	0.22	-0.17	0.38	0.16	0.38	0.09	0.16	0.22	0.16	0.04	0.39	0.18	0.26	0.1		-0.09	-0.04	0.12	0.28	0.16	0.29	1.0	0.18
Common Stock	0.6	0.45	0.53	0.5	-0.01	-0.73	0.58	0.04	0.05	0.09	0.63	0.55	0.52	0.22	-0.21	0.53	0.63	-0.09		-0.06	0.2	0.07	-0.23	0.07	-0.09	0.2
Non Currrent Assets Other	0.26	-0.29	-0.37	0.42	-0.32	-0.16	-0.03	0.29	0.36	0.79	-0.23	0.26	-0.38	0.56	0.62	-0.21	-0.1	-0.04	-0.06		-0.42	-0.26	0.47	-0.47	-0.04	-0.42
Other Liab	0.47	0.59	0.64	0.31	0.26	0.38	0.68	-0.23	-0.24	0.02	0.84	0.6	0.67	0.07	-0.23	0.75	0.59	0.12	0.2	-0.42		0.87	-0.18	0.91	0.12	1.0
Net Tangible Assets	0.61	0.58	0.58	0.48	-0.11	0.58	0.7	0.13	0.11	0.22	0.72	0.65	0.61	0.28	0.17	0.77	0.63	0.28	0.07	-0.26	0.87		0.19	0.92	0.28	0.87
Other Assets	0.33	0.02	-0.07	0.4	-0.43	0.31	0.32	0.4	0.43	0.53	-0.14	0.25	-0.07	0.48	0.73	0.04	0.09	0.16	-0.23	0.47	-0.18	0.19		-0.02	0.16	-0.18
Property Plant Equipment	0.44	0.62	0.63	0.28	0.09	0.58	0.63	-0.09	-0.12	0.0	0.75	0.53	0.66	-0.02	-0.06	0.81	0.65	0.29	0.07	-0.47	0.91	0.92	-0.02		0.29	0.92
Short Long Term Debt Total	0.21	0.18	0.05	0.22	-0.17	0.38	0.16	0.38	0.09	0.16	0.22	0.16	0.04	0.39	0.18	0.26	0.1	1.0	-0.09	-0.04	0.12	0.28	0.16	0.29		0.18
Deferred Long Term Liab	0.48	0.59	0.65	0.32	0.25	0.4	0.68	-0.22	-0.24	0.02	0.84	0.61	0.67	0.08	-0.22	0.76	0.6	0.18	0.2	-0.42	1.0	0.87	-0.18	0.92	0.18

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Orex Minerals Account Relationship Matchups

Orex Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2M	8.6M	6.6M	4.6M	3.5M	6.5M
Other Current Liab	89.2K	104.0K	66.2K	83.4K	75.1K	71.3K
Total Current Liabilities	104.0K	66.2K	72.4K	83.4K	523.5K	537.1K
Total Stockholder Equity	3.0M	8.5M	6.5M	4.5M	2.9M	5.7M
Net Debt	(999.2K)	(242.4K)	(5.6M)	(1.1M)	(1.0M)	(1.1M)
Retained Earnings	(33.1M)	(35.6M)	(37.9M)	(40.3M)	(42.1M)	(40.0M)
Accounts Payable	61.9K	65.5K	72.4K	83.4K	95.9K	130.5K
Cash	242.4K	5.6M	3.3M	1.1M	27.9K	26.5K
Cash And Short Term Investments	999.2K	242.4K	5.6M	1.1M	1.3M	1.6M
Common Stock Shares Outstanding	11.4M	11.7M	16.6M	18.7M	20.0M	34.0M
Liabilities And Stockholders Equity	4.3M	3.2M	8.6M	4.6M	5.3M	6.6M
Other Current Assets	32.1K	46.1K	38.5K	30.0K	27.0K	25.7K
Other Stockholder Equity	6.1M	6.6M	6.9M	7.2M	8.3M	13.6M
Total Liab	104.0K	66.2K	72.4K	83.4K	523.5K	829.0K
Total Current Assets	311.9K	5.7M	3.5M	1.3M	63.3K	60.2K
Net Receivables	37.4K	54.1K	142.2K	99.0K	29.3K	27.8K
Property Plant And Equipment Net	528.4K	21.3K	16.0K	12.0K	9.0K	8.5K
Non Current Assets Total	2.8M	2.9M	3.1M	3.4M	3.4M	4.6M
Accumulated Other Comprehensive Income	5.6M	6.1M	6.6M	7.2M	8.3M	4.4M
Common Stock	29.3M	29.3M	30.0M	37.6M	43.2M	34.0M
Non Currrent Assets Other	374.3K	151.4K	178.8K	190.6K	219.2K	319.6K
Net Tangible Assets	3.0M	8.5M	6.5M	4.5M	4.1M	6.8M
Other Assets	151.4K	178.8K	137.3K	190.6K	171.5K	163.0K
Property Plant Equipment	528.4K	21.3K	16.0K	12.0K	10.8K	10.2K
Long Term Investments	2.2M	2.7M	3.0M	3.1M	3.1M	2.5M
Net Invested Capital	3.0M	8.5M	6.5M	4.5M	2.9M	4.5M
Net Working Capital	207.9K	5.7M	3.4M	1.2M	(460.1K)	(437.1K)

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