Ximen Roic vs Book Value Per Share Analysis

XIM Stock  CAD 0.1  0.01  11.76%   
Ximen Mining financial indicator trend analysis is more than just analyzing Ximen Mining Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ximen Mining Corp is a good investment. Please check the relationship between Ximen Mining Roic and its Book Value Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ximen Mining 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 board of governors.

Roic vs Book Value Per Share

Roic vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ximen Mining Corp Roic account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ximen Mining's Roic and Book Value Per Share is -0.06. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Ximen Mining Corp, assuming nothing else is changed. The correlation between historical values of Ximen Mining's Roic 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 Roic of Ximen Mining Corp 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 Roic i.e., Ximen Mining's Roic and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

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 Ximen Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ximen Mining 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ximen Mining 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 board of governors.
At this time, Ximen Mining's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 911.5 K in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation378.8K403.2K229.0K197.8K
Minority Interest9.0K7.1K5.9K5.6K

Ximen Mining fundamental ratios Correlations

0.670.590.850.97-0.47-0.740.10.460.960.560.570.51-0.410.610.73-0.170.780.57-0.37-0.410.760.42-0.48-0.41-0.41
0.670.450.510.67-0.19-0.41-0.010.120.660.350.260.23-0.270.480.46-0.160.640.27-0.17-0.270.350.26-0.34-0.27-0.27
0.590.450.170.630.0-0.860.83-0.110.64-0.020.280.89-0.160.940.26-0.150.390.93-0.3-0.250.8-0.06-0.47-0.25-0.25
0.850.510.170.8-0.68-0.46-0.310.590.790.620.420.22-0.330.120.69-0.090.760.25-0.43-0.440.580.43-0.25-0.43-0.44
0.970.670.630.8-0.31-0.790.170.251.00.350.40.58-0.40.620.53-0.230.70.64-0.42-0.410.790.35-0.5-0.4-0.41
-0.47-0.190.0-0.68-0.310.060.3-0.74-0.29-0.73-0.520.00.040.1-0.72-0.09-0.50.00.260.45-0.31-0.32-0.120.450.45
-0.74-0.41-0.86-0.46-0.790.06-0.620.02-0.81-0.05-0.22-0.920.35-0.78-0.290.27-0.54-0.940.580.34-0.94-0.10.690.340.34
0.1-0.010.83-0.310.170.3-0.62-0.420.2-0.420.00.780.170.73-0.160.06-0.030.81-0.10.070.55-0.34-0.230.070.07
0.460.12-0.110.590.25-0.740.02-0.420.230.920.53-0.14-0.25-0.010.840.030.59-0.13-0.07-0.160.130.250.01-0.16-0.16
0.960.660.640.791.0-0.29-0.810.20.230.320.370.61-0.390.620.5-0.220.690.66-0.44-0.40.80.32-0.51-0.4-0.4
0.560.35-0.020.620.35-0.73-0.05-0.420.920.320.66-0.13-0.40.110.91-0.060.56-0.12-0.12-0.290.150.49-0.17-0.29-0.29
0.570.260.280.420.4-0.52-0.220.00.530.370.660.06-0.20.430.830.060.280.140.17-0.20.270.66-0.21-0.2-0.2
0.510.230.890.220.580.0-0.920.78-0.140.61-0.130.06-0.270.750.1-0.230.370.98-0.6-0.360.91-0.15-0.49-0.36-0.35
-0.41-0.27-0.16-0.33-0.40.040.350.17-0.25-0.39-0.4-0.2-0.27-0.28-0.310.49-0.23-0.190.570.64-0.3-0.270.450.640.64
0.610.480.940.120.620.1-0.780.73-0.010.620.110.430.75-0.280.37-0.190.360.8-0.14-0.150.660.09-0.54-0.15-0.15
0.730.460.260.690.53-0.72-0.29-0.160.840.50.910.830.1-0.310.370.010.680.15-0.08-0.280.390.5-0.24-0.28-0.28
-0.17-0.16-0.15-0.09-0.23-0.090.270.060.03-0.22-0.060.06-0.230.49-0.190.01-0.16-0.150.330.55-0.16-0.20.610.550.55
0.780.640.390.760.7-0.5-0.54-0.030.590.690.560.280.37-0.230.360.68-0.160.4-0.32-0.270.590.05-0.33-0.27-0.27
0.570.270.930.250.640.0-0.940.81-0.130.66-0.120.140.98-0.190.80.15-0.150.4-0.49-0.30.92-0.14-0.47-0.3-0.3
-0.37-0.17-0.3-0.43-0.420.260.58-0.1-0.07-0.44-0.120.17-0.60.57-0.14-0.080.33-0.32-0.490.61-0.630.030.450.610.61
-0.41-0.27-0.25-0.44-0.410.450.340.07-0.16-0.4-0.29-0.2-0.360.64-0.15-0.280.55-0.27-0.30.61-0.46-0.20.21.01.0
0.760.350.80.580.79-0.31-0.940.550.130.80.150.270.91-0.30.660.39-0.160.590.92-0.63-0.460.08-0.49-0.46-0.46
0.420.26-0.060.430.35-0.32-0.1-0.340.250.320.490.66-0.15-0.270.090.5-0.20.05-0.140.03-0.20.08-0.42-0.2-0.2
-0.48-0.34-0.47-0.25-0.5-0.120.69-0.230.01-0.51-0.17-0.21-0.490.45-0.54-0.240.61-0.33-0.470.450.2-0.49-0.420.20.2
-0.41-0.27-0.25-0.43-0.40.450.340.07-0.16-0.4-0.29-0.2-0.360.64-0.15-0.280.55-0.27-0.30.611.0-0.46-0.20.21.0
-0.41-0.27-0.25-0.44-0.410.450.340.07-0.16-0.4-0.29-0.2-0.350.64-0.15-0.280.55-0.27-0.30.611.0-0.46-0.20.21.0
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Ximen Mining Account Relationship Matchups

Ximen Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1M3.2M4.5M3.2M2.2M1.6M
Other Current Liab109.2K539.2K1.2M161.7K185.9K274.5K
Total Current Liabilities1.2M744.0K1.5M1.8M2.3M2.4M
Total Stockholder Equity2.1M2.2M2.8M1.3M(197.4K)(187.5K)
Property Plant And Equipment Net2.0M2.6M2.9M2.6M1.6M980.1K
Net Debt(705.1K)(9.9K)(453.3K)46.8K37.9K39.7K
Retained Earnings(30.4M)(35.9M)(41.1M)(45.9M)(49.3M)(46.9M)
Accounts Payable344.5K204.7K318.4K867.2K1.3M1.4M
Cash718.6K9.9K453.3K3.9K933.0886.35
Non Current Assets Total2.1M2.8M3.2M3.0M2.0M1.1M
Cash And Short Term Investments875.5K129.9K547.9K27.8K32.0K30.4K
Net Receivables841.0K163.3K155.2K133.0K152.9K171.8K
Common Stock Shares Outstanding9.6M14.0M18.2M24.6M37.5M39.3M
Liabilities And Stockholders Equity4.1M3.2M4.5M3.2M3.7M3.9M
Total Liab1.8M866.5K1.5M1.8M2.3M2.4M
Total Current Assets2.0M383.1K1.3M248.4K269.6K491.7K
Other Current Assets251.1K90.0K599K87.5K100.7K95.3K
Accumulated Other Comprehensive Income2.0M2.1M1.7M2.3M2.6M2.7M
Net Tangible Assets223.2K2.1M2.2M2.8M3.3M3.4M
Common Stock30.4M36.0M42.2M45.0M51.8M54.3M
Property Plant Equipment1.8M2.0M2.7M3.0M3.4M3.6M
Short Term Investments364.8K156.9K119.9K94.6K24.0K0.0
Net Invested Capital2.2M2.2M2.8M1.4M(158.6K)(150.7K)
Net Working Capital792.1K(360.8K)(173.4K)(1.5M)(2.0M)(1.9M)
Capital Stock30.4M36.0M42.2M45.0M47.0M40.9M

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