Soma Capex To Revenue vs Ptb Ratio Analysis

SOMA Stock

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Soma Gold financial indicator trend analysis is much more than just breaking down Soma Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Soma Gold Corp is a good investment. Please check the relationship between Soma Gold Capex To Revenue and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Soma Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Capex To Revenue vs Ptb Ratio

Capex To Revenue vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Soma Gold Corp Capex To Revenue account and Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Soma Gold's Capex To Revenue and Ptb Ratio is 0.14. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Soma Gold Corp, assuming nothing else is changed. The correlation between historical values of Soma Gold's Capex To Revenue and Ptb 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 Capex To Revenue of Soma Gold Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Capex To Revenue i.e., Soma Gold's Capex To Revenue and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.14

Relationship Direction	Positive
Relationship Strength	Insignificant

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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.

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.

Most indicators from Soma Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Soma Gold Corp 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 Soma Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, Soma Gold's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.1 M in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	3.1M	3.9M	10.7M	11.2M
Total Operating Expenses	33.3M	40.3M	60.3M	63.3M

Reconciled Depreciation Total Operating Expenses

Soma Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Common Stock	Property Plant Equipment	Non Currrent Assets Other
Total Assets		0.22	0.11	0.41	0.44	-0.19	0.45	-0.49	0.78	0.33	0.68	0.63	0.76	0.69	0.87	0.69	-0.07	0.73	0.86	0.5	-0.21	0.57	0.64	0.61	-0.35	-0.65
Other Current Liab	0.22		0.76	-0.58	0.23	-0.79	-0.37	-0.73	0.18	-0.1	-0.51	-0.01	0.24	0.31	-0.03	0.23	0.91	0.12	0.62	-0.68	-0.66	0.87	0.14	0.56	-0.75	-0.33
Total Current Liabilities	0.11	0.76		-0.45	-0.28	-0.74	-0.05	-0.36	0.04	-0.17	-0.46	-0.04	-0.07	0.06	-0.3	0.03	0.84	-0.31	0.4	-0.38	-0.05	0.65	-0.3	0.25	-0.61	-0.11
Total Stockholder Equity	0.41	-0.58	-0.45		0.35	0.67	0.29	0.43	0.05	0.18	0.85	0.06	0.12	-0.12	0.39	0.17	-0.71	0.16	-0.07	0.76	0.48	-0.4	0.18	-0.35	0.59	0.07
Other Liab	0.44	0.23	-0.28	0.35		0.26	-0.47	-0.23	0.08	-0.02	0.34	-0.16	0.34	0.11	0.43	0.21	-0.02	0.54	0.32	-0.13	-0.57	0.21	0.49	0.16	0.12	-0.15
Net Tangible Assets	-0.19	-0.79	-0.74	0.67	0.26		-0.13	0.82	-0.47	-0.15	0.53	-0.43	-0.36	-0.6	-0.07	-0.48	-0.68	-0.16	-0.64	0.42	0.47	-0.84	-0.22	-0.74	0.97	0.59
Net Debt	0.45	-0.37	-0.05	0.29	-0.47	-0.13		-0.08	0.69	0.21	0.53	0.83	0.31	0.51	0.53	0.46	-0.47	0.22	0.31	0.79	0.42	-0.01	0.19	0.24	-0.18	-0.52
Retained Earnings	-0.49	-0.73	-0.36	0.43	-0.23	0.82	-0.08		-0.7	-0.3	0.21	-0.58	-0.7	-0.85	-0.5	-0.76	-0.43	-0.66	-0.84	0.32	0.8	-0.9	-0.68	-0.95	0.92	0.83
Accounts Payable	0.78	0.18	0.04	0.05	0.08	-0.47	0.69	-0.7		0.31	0.43	0.95	0.75	0.95	0.87	0.83	-0.14	0.77	0.84	0.41	-0.33	0.57	0.69	0.82	-0.63	-0.93
Cash	0.33	-0.1	-0.17	0.18	-0.02	-0.15	0.21	-0.3	0.31		0.16	0.4	0.74	0.47	0.39	0.59	-0.24	0.51	0.27	0.28	-0.09	0.26	0.67	0.45	-0.27	-0.21
Non Current Assets Total	0.68	-0.51	-0.46	0.85	0.34	0.53	0.53	0.21	0.43	0.16		0.4	0.35	0.21	0.71	0.29	-0.69	0.44	0.23	0.88	0.32	-0.21	0.33	-0.03	0.38	-0.21
Long Term Debt	0.63	-0.01	-0.04	0.06	-0.16	-0.43	0.83	-0.58	0.95	0.4	0.4		0.7	0.9	0.79	0.8	-0.28	0.65	0.68	0.51	-0.15	0.4	0.63	0.71	-0.56	-0.86
Net Receivables	0.76	0.24	-0.07	0.12	0.34	-0.36	0.31	-0.7	0.75	0.74	0.35	0.7		0.86	0.83	0.83	-0.07	0.86	0.78	0.25	-0.48	0.63	0.93	0.81	-0.55	-0.66
Common Stock Shares Outstanding	0.69	0.31	0.06	-0.12	0.11	-0.6	0.51	-0.85	0.95	0.47	0.21	0.9	0.86		0.81	0.89	-0.01	0.83	0.85	0.19	-0.53	0.68	0.81	0.94	-0.76	-0.93
Non Current Liabilities Total	0.87	-0.03	-0.3	0.39	0.43	-0.07	0.53	-0.5	0.87	0.39	0.71	0.79	0.83	0.81		0.76	-0.38	0.89	0.73	0.55	-0.32	0.36	0.82	0.64	-0.28	-0.75
Inventory	0.69	0.23	0.03	0.17	0.21	-0.48	0.46	-0.76	0.83	0.59	0.29	0.8	0.83	0.89	0.76		-0.15	0.78	0.77	0.27	-0.4	0.6	0.85	0.8	-0.64	-0.88
Other Current Assets	-0.07	0.91	0.84	-0.71	-0.02	-0.68	-0.47	-0.43	-0.14	-0.24	-0.69	-0.28	-0.07	-0.01	-0.38	-0.15		-0.24	0.31	-0.75	-0.43	0.67	-0.22	0.28	-0.57	0.02
Other Stockholder Equity	0.73	0.12	-0.31	0.16	0.54	-0.16	0.22	-0.66	0.77	0.51	0.44	0.65	0.86	0.83	0.89	0.78	-0.24		0.7	0.23	-0.61	0.48	0.92	0.78	-0.4	-0.74
Total Liab	0.86	0.62	0.4	-0.07	0.32	-0.64	0.31	-0.84	0.84	0.27	0.23	0.68	0.78	0.85	0.73	0.77	0.31	0.7		0.08	-0.53	0.88	0.65	0.87	-0.76	-0.82
Net Invested Capital	0.5	-0.68	-0.38	0.76	-0.13	0.42	0.79	0.32	0.41	0.28	0.88	0.51	0.25	0.19	0.55	0.27	-0.75	0.23	0.08		0.61	-0.32	0.17	-0.1	0.33	-0.16
Short Long Term Debt	-0.21	-0.66	-0.05	0.48	-0.57	0.47	0.42	0.8	-0.33	-0.09	0.32	-0.15	-0.48	-0.53	-0.32	-0.4	-0.43	-0.61	-0.53	0.61		-0.65	-0.6	-0.7	0.59	0.5
Total Current Assets	0.57	0.87	0.65	-0.4	0.21	-0.84	-0.01	-0.9	0.57	0.26	-0.21	0.4	0.63	0.68	0.36	0.6	0.67	0.48	0.88	-0.32	-0.65		0.48	0.85	-0.9	-0.63
Net Working Capital	0.64	0.14	-0.3	0.18	0.49	-0.22	0.19	-0.68	0.69	0.67	0.33	0.63	0.93	0.81	0.82	0.85	-0.22	0.92	0.65	0.17	-0.6	0.48		0.74	-0.43	-0.68
Common Stock	0.61	0.56	0.25	-0.35	0.16	-0.74	0.24	-0.95	0.82	0.45	-0.03	0.71	0.81	0.94	0.64	0.8	0.28	0.78	0.87	-0.1	-0.7	0.85	0.74		-0.88	-0.85
Property Plant Equipment	-0.35	-0.75	-0.61	0.59	0.12	0.97	-0.18	0.92	-0.63	-0.27	0.38	-0.56	-0.55	-0.76	-0.28	-0.64	-0.57	-0.4	-0.76	0.33	0.59	-0.9	-0.43	-0.88		0.72
Non Currrent Assets Other	-0.65	-0.33	-0.11	0.07	-0.15	0.59	-0.52	0.83	-0.93	-0.21	-0.21	-0.86	-0.66	-0.93	-0.75	-0.88	0.02	-0.74	-0.82	-0.16	0.5	-0.63	-0.68	-0.85	0.72

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Soma Gold Account Relationship Matchups

Soma Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	36.8M	32.4M	34.5M	51.5M	74.1M	49.1M
Other Current Liab	5.2M	28.0M	6.0M	5.4M	6.2M	9.9M
Total Current Liabilities	36.7M	11.7M	13.5M	12.7M	22.3M	18.8M
Total Stockholder Equity	(9.1M)	(74.2K)	(1.5M)	2.8M	14.2M	14.9M
Net Debt	9.2M	13.3M	18.9M	27.7M	28.9M	19.4M
Retained Earnings	(64.6M)	(57.8M)	(59.1M)	(58.8M)	(56.0M)	(58.8M)
Accounts Payable	2.0M	2.8M	5.0M	7.0M	7.4M	4.4M
Cash	45.1K	2.4M	251.6K	529.7K	1.8M	942.0K
Non Current Assets Total	8.1M	18.6M	24.7M	38.7M	51.4M	34.1M
Long Term Debt	9.3M	15.7M	18.7M	26.3M	25.0M	18.0M
Net Receivables	378.1K	1.2M	390.7K	1.0M	1.3M	823.2K
Common Stock Shares Outstanding	30.3M	61.6M	66.1M	91.1M	91.3M	58.3M
Non Current Liabilities Total	9.3M	20.8M	22.6M	36.0M	37.6M	26.7M
Inventory	136.1K	5.0M	4.4M	4.8M	8.2M	8.6M
Other Current Assets	649.7K	28.1M	3.1M	475.3K	546.6K	519.3K
Total Liab	46.0M	32.5M	36.0M	48.7M	59.9M	44.4M
Net Invested Capital	167.2K	15.6M	17.6M	31.0M	44.8M	24.8M
Total Current Assets	28.7M	13.8M	9.8M	12.8M	22.7M	14.9M
Net Working Capital	(8.0M)	2.2M	(3.7M)	89.1K	306.0K	321.3K
Capital Stock	42.2M	47.0M	48.1M	54.4M	54.5M	49.9M

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