Spanish Free Cash Flow Yield vs Book Value Per Share Analysis

SPA Stock

CAD 0.11 0.01 8.33%

Spanish Mountain financial indicator trend analysis is much more than just breaking down Spanish Mountain Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spanish Mountain Gold is a good investment. Please check the relationship between Spanish Mountain Free Cash Flow Yield and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spanish Mountain Gold. 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 Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spanish Mountain Gold Free Cash Flow Yield account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Spanish Mountain's Free Cash Flow Yield and Book Value Per Share is -0.36. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Spanish Mountain Gold, assuming nothing else is changed. The correlation between historical values of Spanish Mountain's Free Cash Flow Yield and Book Value Per Share 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 Spanish Mountain Gold are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Yield i.e., Spanish Mountain's Free Cash Flow Yield and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

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.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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

Selling General Administrative is likely to drop to about 1 M in 2024. Tax Provision is likely to drop to about (215.1 K) in 2024

	2021	2022	2023	2024 (projected)
Interest Income	89.9K	91.0K	151.7K	94.0K
Net Interest Income	85.3K	81.9K	135.7K	87.2K

Interest Income Net Interest Income

Spanish Mountain fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Net Debt	Cash	Cash And Short Term Investments	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Net Receivables	Non Currrent Assets Other	Non Current Liabilities Total	Short Term Investments	Other Liab	Net Tangible Assets	Other Assets	Property Plant Equipment	Non Current Liabilities Other
Total Assets		0.36	0.39	1.0	-0.74	0.54	0.66	0.33	0.33	0.96	-0.22	0.23	0.33	0.32	0.08	0.97	0.97	0.15	0.55	0.02	-0.1	-0.39	0.4	-0.25	0.32	-0.04
Other Current Liab	0.36		0.98	0.3	0.12	0.72	-0.11	0.86	0.89	0.23	-0.87	0.87	0.82	0.56	0.78	0.16	0.16	0.7	0.4	0.6	0.08	0.43	-0.06	0.29	-0.07	-0.31
Total Current Liabilities	0.39	0.98		0.33	0.1	0.78	-0.11	0.89	0.87	0.25	-0.87	0.87	0.81	0.53	0.79	0.2	0.2	0.67	0.44	0.62	0.07	0.43	-0.08	0.3	-0.09	-0.34
Total Stockholder Equity	1.0	0.3	0.33		-0.76	0.49	0.68	0.25	0.28	0.97	-0.17	0.18	0.3	0.29	0.02	0.98	0.98	0.08	0.52	-0.05	-0.09	-0.45	0.44	-0.29	0.34	-0.02
Retained Earnings	-0.74	0.12	0.1	-0.76		-0.27	-0.89	0.08	0.14	-0.86	-0.29	0.28	0.13	-0.06	0.35	-0.85	-0.85	0.16	-0.15	0.26	0.13	0.58	-0.52	0.59	-0.5	0.0
Accounts Payable	0.54	0.72	0.78	0.49	-0.27		0.17	0.7	0.59	0.44	-0.45	0.45	0.53	0.56	0.28	0.42	0.42	0.53	0.47	0.45	0.21	0.21	0.11	0.14	0.06	-0.43
Common Stock Shares Outstanding	0.66	-0.11	-0.11	0.68	-0.89	0.17		-0.27	0.01	0.83	0.17	-0.15	0.05	0.13	-0.27	0.74	0.74	-0.29	-0.11	-0.53	-0.08	-0.78	0.75	-0.81	0.69	0.03
Total Liab	0.33	0.86	0.89	0.25	0.08	0.7	-0.27		0.62	0.16	-0.68	0.67	0.51	0.43	0.65	0.19	0.19	0.84	0.56	0.9	-0.08	0.68	-0.37	0.48	-0.29	-0.23
Total Current Assets	0.33	0.89	0.87	0.28	0.14	0.59	0.01	0.62		0.25	-0.86	0.87	0.98	0.66	0.79	0.11	0.11	0.47	0.21	0.29	0.31	0.16	0.13	0.15	0.04	-0.16
Common Stock	0.96	0.23	0.25	0.97	-0.86	0.44	0.83	0.16	0.25		-0.11	0.12	0.27	0.28	-0.01	0.97	0.97	0.01	0.38	-0.16	-0.1	-0.56	0.52	-0.46	0.44	0.02
Net Debt	-0.22	-0.87	-0.87	-0.17	-0.29	-0.45	0.17	-0.68	-0.86	-0.11		-1.0	-0.85	-0.28	-0.91	-0.02	-0.02	-0.47	-0.3	-0.41	0.13	-0.31	0.11	-0.27	0.11	0.13
Cash	0.23	0.87	0.87	0.18	0.28	0.45	-0.15	0.67	0.87	0.12	-1.0		0.85	0.29	0.91	0.03	0.03	0.46	0.29	0.4	-0.13	0.29	-0.09	0.24	-0.09	-0.14
Cash And Short Term Investments	0.33	0.82	0.81	0.3	0.13	0.53	0.05	0.51	0.98	0.27	-0.85	0.85		0.59	0.77	0.12	0.12	0.3	0.19	0.16	0.34	0.04	0.19	0.1	0.08	-0.13
Other Current Assets	0.32	0.56	0.53	0.29	-0.06	0.56	0.13	0.43	0.66	0.28	-0.28	0.29	0.59		0.15	0.19	0.19	0.52	0.06	0.25	0.6	0.12	0.29	0.08	0.19	-0.16
Other Stockholder Equity	0.08	0.78	0.79	0.02	0.35	0.28	-0.27	0.65	0.79	-0.01	-0.91	0.91	0.77	0.15		-0.11	-0.11	0.41	0.19	0.45	-0.06	0.39	-0.21	0.26	-0.16	-0.12
Property Plant And Equipment Net	0.97	0.16	0.2	0.98	-0.85	0.42	0.74	0.19	0.11	0.97	-0.02	0.03	0.12	0.19	-0.11		1.0	0.04	0.49	-0.07	-0.18	-0.48	0.41	-0.35	0.35	0.01
Non Current Assets Total	0.97	0.16	0.2	0.98	-0.85	0.42	0.74	0.19	0.11	0.97	-0.02	0.03	0.12	0.19	-0.11	1.0		0.04	0.49	-0.07	-0.18	-0.48	0.41	-0.35	0.35	0.01
Net Receivables	0.15	0.7	0.67	0.08	0.16	0.53	-0.29	0.84	0.47	0.01	-0.47	0.46	0.3	0.52	0.41	0.04	0.04		0.32	0.85	-0.1	0.7	-0.32	0.44	-0.24	-0.19
Non Currrent Assets Other	0.55	0.4	0.44	0.52	-0.15	0.47	-0.11	0.56	0.21	0.38	-0.3	0.29	0.19	0.06	0.19	0.49	0.49	0.32		0.45	-0.2	0.15	-0.47	0.52	-0.59	0.1
Non Current Liabilities Total	0.02	0.6	0.62	-0.05	0.26	0.45	-0.53	0.9	0.29	-0.16	-0.41	0.4	0.16	0.25	0.45	-0.07	-0.07	0.85	0.45		-0.14	0.9	-0.6	0.63	-0.46	-0.15
Short Term Investments	-0.1	0.08	0.07	-0.09	0.13	0.21	-0.08	-0.08	0.31	-0.1	0.13	-0.13	0.34	0.6	-0.06	-0.18	-0.18	-0.1	-0.2	-0.14		-0.03	0.29	0.08	0.13	-0.17
Other Liab	-0.39	0.43	0.43	-0.45	0.58	0.21	-0.78	0.68	0.16	-0.56	-0.31	0.29	0.04	0.12	0.39	-0.48	-0.48	0.7	0.15	0.9	-0.03		-0.63	0.68	-0.48	-0.18
Net Tangible Assets	0.4	-0.06	-0.08	0.44	-0.52	0.11	0.75	-0.37	0.13	0.52	0.11	-0.09	0.19	0.29	-0.21	0.41	0.41	-0.32	-0.47	-0.6	0.29	-0.63		-0.79	0.95	-0.2
Other Assets	-0.25	0.29	0.3	-0.29	0.59	0.14	-0.81	0.48	0.15	-0.46	-0.27	0.24	0.1	0.08	0.26	-0.35	-0.35	0.44	0.52	0.63	0.08	0.68	-0.79		-0.81	0.02
Property Plant Equipment	0.32	-0.07	-0.09	0.34	-0.5	0.06	0.69	-0.29	0.04	0.44	0.11	-0.09	0.08	0.19	-0.16	0.35	0.35	-0.24	-0.59	-0.46	0.13	-0.48	0.95	-0.81		-0.27
Non Current Liabilities Other	-0.04	-0.31	-0.34	-0.02	0.0	-0.43	0.03	-0.23	-0.16	0.02	0.13	-0.14	-0.13	-0.16	-0.12	0.01	0.01	-0.19	0.1	-0.15	-0.17	-0.18	-0.2	0.02	-0.27

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Spanish Mountain Account Relationship Matchups

Spanish Mountain fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	78.0M	93.8M	93.5M	94.2M	97.3M	58.0M
Other Current Liab	416.9K	1.7M	1.4M	1.2M	404.8K	384.5K
Total Current Liabilities	495.5K	1.8M	1.5M	1.2M	464.6K	441.4K
Total Stockholder Equity	76.6M	91.4M	91.7M	92.4M	96.6M	55.1M
Retained Earnings	(12.8M)	(13.5M)	(14.4M)	(15.2M)	(16.7M)	(15.8M)
Accounts Payable	209.4K	1.4M	1.1M	953.3K	377.7K	474.2K
Common Stock Shares Outstanding	234.9M	275.7M	330.4M	338.2M	361.5M	379.5M
Liabilities And Stockholders Equity	78.0M	93.8M	93.5M	94.2M	97.3M	58.0M
Total Liab	1.4M	2.4M	1.8M	1.7M	695.6K	660.8K
Total Current Assets	875.6K	12.0M	7.3M	3.2M	3.6M	4.5M
Common Stock	88.5M	104.0M	105.1M	106.3M	112.6M	88.2M
Net Debt	(195.0K)	(1.8M)	(6.6M)	(2.4M)	182.8K	192.0K
Cash	405.5K	1.9M	6.7M	2.8M	108.0K	102.6K
Cash And Short Term Investments	805.5K	11.5M	6.9M	3.1M	3.3M	3.4M
Other Current Assets	50.0K	282.1K	114.6K	36.4K	127.7K	121.3K
Other Stockholder Equity	631.8K	849.7K	874.6K	1.0	0.9	0.86
Property Plant And Equipment Net	77.0M	81.7M	86.2M	90.9M	93.6M	60.7M
Non Current Assets Total	77.1M	81.8M	86.3M	91.0M	93.7M	60.8M
Net Receivables	20.1K	190.5K	211.5K	52.7K	150.3K	142.8K
Accumulated Other Comprehensive Income	849.7K	874.6K	1.0M	1.3M	592.6K	563.0K
Non Current Liabilities Total	907.2K	651.2K	372.7K	495.7K	231.0K	219.4K
Short Term Investments	712.4K	400K	9.6M	250K	3.2M	1.9M
Other Liab	964.9K	775.2K	571.4K	372.7K	335.4K	318.7K
Net Tangible Assets	76.6M	76.6M	91.4M	91.7M	105.5M	87.5M
Property Plant Equipment	76.2M	77.0M	81.7M	86.2M	99.1M	85.9M
Net Invested Capital	76.6M	91.4M	91.7M	92.5M	96.6M	94.6M
Net Working Capital	380.1K	10.2M	5.8M	1.9M	3.1M	4.1M
Capital Stock	88.5M	104.0M	105.1M	106.3M	112.6M	110.8M

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