Romios Capex To Revenue vs Capex To Operating Cash Flow Analysis

RG Stock  CAD 0.01  0.01  25.00%   
Romios Gold financial indicator trend analysis is much more than just breaking down Romios Gold Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Romios Gold Resources is a good investment. Please check the relationship between Romios Gold Capex To Revenue and its Capex To Operating Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Romios Gold Resources. 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.

Capex To Revenue vs Capex To Operating Cash Flow

Capex To Revenue vs Capex To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Romios Gold Resources Capex To Revenue account and Capex To Operating Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Romios Gold's Capex To Revenue and Capex To Operating Cash Flow is -0.28. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Capex To Operating Cash Flow in the same time period over historical financial statements of Romios Gold Resources, assuming nothing else is changed. The correlation between historical values of Romios Gold's Capex To Revenue and Capex To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Romios Gold Resources are associated (or correlated) with its Capex To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Operating Cash Flow has no effect on the direction of Capex To Revenue i.e., Romios Gold's Capex To Revenue and Capex To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Capex To Operating Cash Flow

Most indicators from Romios Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Romios Gold Resources 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 Romios Gold Resources. 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, Romios Gold's Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Enterprise Value Over EBITDA is likely to drop (3.58) in 2024.

Romios Gold fundamental ratios Correlations

-0.31-0.54-0.521.0-0.870.630.870.990.510.52-0.17-0.19-0.210.82-0.240.790.54-0.350.060.990.12-0.460.310.530.46
-0.310.230.5-0.340.47-0.4-0.42-0.26-0.24-0.43-0.13-0.050.54-0.180.550.1-0.520.990.2-0.260.19-0.10.26-0.43-0.57
-0.540.230.9-0.580.39-0.65-0.37-0.59-0.560.16-0.1-0.180.57-0.630.53-0.020.090.340.36-0.590.160.14-0.05-0.87-0.82
-0.520.50.9-0.570.36-0.68-0.33-0.57-0.590.17-0.13-0.150.71-0.580.690.080.070.590.36-0.560.360.020.02-0.85-0.93
1.0-0.34-0.58-0.57-0.860.640.860.990.540.49-0.16-0.19-0.250.83-0.280.750.53-0.390.050.990.09-0.450.30.570.5
-0.870.470.390.36-0.86-0.53-1.0-0.81-0.38-0.80.110.190.2-0.750.24-0.7-0.830.48-0.07-0.81-0.370.47-0.29-0.49-0.35
0.63-0.4-0.65-0.680.64-0.530.520.640.030.130.620.6-0.850.55-0.860.330.24-0.44-0.720.63-0.020.23-0.110.760.68
0.87-0.42-0.37-0.330.86-1.00.520.810.360.8-0.11-0.19-0.170.75-0.220.730.83-0.430.080.810.39-0.480.320.470.31
0.99-0.26-0.59-0.570.99-0.810.640.810.550.41-0.17-0.18-0.230.82-0.250.760.44-0.310.051.00.05-0.440.310.550.5
0.51-0.24-0.56-0.590.54-0.380.030.360.550.02-0.66-0.630.060.490.090.10.02-0.310.460.55-0.3-0.450.240.460.57
0.52-0.430.160.170.49-0.80.130.80.410.02-0.14-0.270.130.360.070.610.99-0.370.260.410.56-0.440.250.04-0.14
-0.17-0.13-0.1-0.13-0.160.110.62-0.11-0.17-0.66-0.140.95-0.75-0.15-0.77-0.18-0.04-0.12-0.92-0.180.120.71-0.380.310.19
-0.19-0.05-0.18-0.15-0.190.190.6-0.19-0.18-0.63-0.270.95-0.72-0.14-0.72-0.21-0.18-0.04-0.97-0.19-0.050.71-0.410.30.2
-0.210.540.570.71-0.250.2-0.85-0.17-0.230.060.13-0.75-0.72-0.210.990.190.00.580.84-0.220.19-0.540.41-0.74-0.77
0.82-0.18-0.63-0.580.83-0.750.550.750.820.490.36-0.15-0.14-0.21-0.240.560.38-0.230.020.820.12-0.520.430.560.43
-0.240.550.530.69-0.280.24-0.86-0.22-0.250.090.07-0.77-0.720.99-0.240.13-0.070.580.83-0.240.15-0.520.33-0.71-0.72
0.790.1-0.020.080.75-0.70.330.730.760.10.61-0.18-0.210.190.560.130.590.110.220.760.37-0.470.410.02-0.13
0.54-0.520.090.070.53-0.830.240.830.440.020.99-0.04-0.180.00.38-0.070.59-0.460.140.440.54-0.360.20.14-0.04
-0.350.990.340.59-0.390.48-0.44-0.43-0.31-0.31-0.37-0.12-0.040.58-0.230.580.11-0.460.21-0.310.19-0.10.29-0.51-0.67
0.060.20.360.360.05-0.07-0.720.080.050.460.26-0.92-0.970.840.020.830.220.140.210.050.11-0.680.45-0.49-0.41
0.99-0.26-0.59-0.560.99-0.810.630.811.00.550.41-0.18-0.19-0.220.82-0.240.760.44-0.310.050.05-0.450.310.550.49
0.120.190.160.360.09-0.37-0.020.390.05-0.30.560.12-0.050.190.120.150.370.540.190.110.05-0.260.24-0.03-0.35
-0.46-0.10.140.02-0.450.470.23-0.48-0.44-0.45-0.440.710.71-0.54-0.52-0.52-0.47-0.36-0.1-0.68-0.45-0.26-0.680.090.19
0.310.26-0.050.020.3-0.29-0.110.320.310.240.25-0.38-0.410.410.430.330.410.20.290.450.310.24-0.68-0.11-0.29
0.53-0.43-0.87-0.850.57-0.490.760.470.550.460.040.310.3-0.740.56-0.710.020.14-0.51-0.490.55-0.030.09-0.110.88
0.46-0.57-0.82-0.930.5-0.350.680.310.50.57-0.140.190.2-0.770.43-0.72-0.13-0.04-0.67-0.410.49-0.350.19-0.290.88
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Romios Gold Account Relationship Matchups

Romios Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9M3.9M3.7M1.4M259.7K246.7K
Other Current Liab741.4K1.0M988.5K830.3K954.8K523.9K
Total Current Liabilities818.1K1.1M1.1M1.1M1.2M1.3M
Total Stockholder Equity2.1M2.7M2.5M221.0K(989.8K)(940.3K)
Net Debt(108.0K)(871.2K)(1.0M)120.5K108.4K113.9K
Retained Earnings(36.0M)(36.4M)(37.7M)(40.4M)(41.9M)(39.8M)
Cash159.9K905.5K1.1M45.4K30.5K28.9K
Non Current Assets Total2.3M1.4M689.3K843.7K94.5K89.8K
Cash And Short Term Investments647.7K2.4M2.8M444.7K511.4K485.8K
Net Receivables7.2K16.1K29.7K22.9K13.1K12.4K
Common Stock Shares Outstanding198.4M209.1M228.9M239.3M252.1M264.7M
Liabilities And Stockholders Equity2.9M3.9M3.7M1.4M1.6M1.5M
Total Liab852.4K1.1M1.1M1.2M1.2M1.1M
Total Current Assets669.5K2.5M3.0M546.6K165.2K156.9K
Property Plant And Equipment Net2.3M1.4M689.3K843.7K94.5K89.8K
Accounts Payable59.1K61.5K145.3K173.1K157.7K127.7K
Other Current Assets14.6K16.3K103.6K79.0K90.9K46.8K
Net Tangible Assets4.2M2.1M2.7M2.5M2.3M3.0M
Property Plant Equipment2.2M2.3M1.4M689.3K620.4K589.4K
Net Invested Capital2.1M2.7M2.5M221.0K(989.8K)(940.3K)
Net Working Capital(148.6K)1.3M1.8M(515.0K)(1.0M)(990.2K)
Short Term Investments487.8K1.5M1.8M399.2K46.9K44.6K

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