Signature Ptb Ratio vs Pfcf Ratio Analysis
SGU Stock | CAD 0.04 0.01 12.50% |
Signature Resources financial indicator trend analysis is much more than just breaking down Signature Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Signature Resources is a good investment. Please check the relationship between Signature Resources Ptb Ratio and its Pfcf Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Signature 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.
Ptb Ratio vs Pfcf Ratio
Ptb Ratio vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Signature Resources Ptb Ratio account and Pfcf Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Signature Resources' Ptb Ratio and Pfcf Ratio is -0.91. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Signature Resources, assuming nothing else is changed. The correlation between historical values of Signature Resources' Ptb Ratio and Pfcf 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 Ptb Ratio of Signature Resources are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Ptb Ratio i.e., Signature Resources' Ptb Ratio and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.Pfcf Ratio
Most indicators from Signature Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Signature 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Signature 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, Signature Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 3.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 888.2 K in 2024.
Signature Resources fundamental ratios Correlations
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Signature Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Signature Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.2M | 15.9M | 1.3M | 955.4K | 1.1M | 1.0M | |
Total Current Liabilities | 1.6M | 1.4M | 1.5M | 1.1M | 1.2M | 1.1M | |
Total Stockholder Equity | 5.4M | 13.6M | (942.2K) | (955.7K) | (1.1M) | (1.0M) | |
Property Plant And Equipment Net | 6.7M | 14.1M | 1.1M | 766.2K | 881.2K | 837.1K | |
Net Debt | (462.2K) | (75.3K) | (3.2K) | (121.2K) | (109.1K) | (114.5K) | |
Retained Earnings | (4.6M) | (6.0M) | (23.2M) | (24.3M) | (21.9M) | (20.8M) | |
Cash | 462.2K | 75.3K | 3.2K | 121.2K | 139.4K | 177.9K | |
Non Current Assets Total | 6.7M | 14.1M | 1.1M | 766.2K | 881.2K | 837.1K | |
Cash And Short Term Investments | 462.2K | 1.4M | 60.7K | 126.9K | 146.0K | 138.7K | |
Net Receivables | 63.1K | 254.5K | 52.1K | 14.9K | 17.1K | 16.3K | |
Liabilities And Stockholders Equity | 7.2M | 15.9M | 1.3M | 955.4K | 1.1M | 1.0M | |
Other Stockholder Equity | 2.2M | 4.0M | 4.4M | 4.5M | 5.1M | 5.4M | |
Total Liab | 1.9M | 2.2M | 2.3M | 1.9M | 2.2M | 1.5M | |
Total Current Assets | 548.0K | 1.7M | 185.0K | 189.2K | 217.6K | 416.4K | |
Other Current Liab | 1.0M | 1.0M | 971.9K | 934.8K | 1.1M | 1.0M | |
Common Stock Shares Outstanding | 23.0M | 41.6M | 10.5M | 80.9M | 93.0M | 97.7M | |
Net Tangible Assets | 4.4M | 5.4M | 803.6K | (942.2K) | (1.1M) | (1.0M) | |
Accounts Payable | 546.8K | 374.1K | 491.6K | 130.1K | 149.6K | 288.2K | |
Common Stock | 7.7M | 15.6M | 17.9M | 18.9M | 21.7M | 22.8M | |
Property Plant Equipment | 6.2M | 6.7M | 1.3M | 1.1M | 1.3M | 1.2M | |
Other Current Assets | 40.1K | 22.7K | 67.3K | 72.2K | 83.0K | 87.2K | |
Net Invested Capital | 5.4M | 13.6M | (942.2K) | (955.7K) | (860.1K) | (817.1K) | |
Net Working Capital | (1.0M) | 350.5K | (1.3M) | (875.7K) | (1.0M) | (1.1M) | |
Capital Stock | 7.7M | 15.6M | 17.9M | 18.9M | 21.7M | 13.3M |
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When running Signature Resources' price analysis, check to measure Signature Resources' 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 Signature Resources is operating at the current time. Most of Signature Resources' value examination focuses on studying past and present price action to predict the probability of Signature Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signature Resources' price. Additionally, you may evaluate how the addition of Signature Resources to your portfolios can decrease your overall portfolio volatility.