CHAR Ptb Ratio vs Roe Analysis

YES Stock  CAD 0.18  0.01  5.88%   
CHAR Technologies financial indicator trend analysis is way more than just evaluating CHAR Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CHAR Technologies is a good investment. Please check the relationship between CHAR Technologies Ptb Ratio and its Roe accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR Technologies. 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 Roe

Ptb Ratio vs Roe Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CHAR Technologies Ptb Ratio account and Roe. At this time, the significance of the direction appears to have pay attention.
The correlation between CHAR Technologies' Ptb Ratio and Roe is -0.77. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Roe in the same time period over historical financial statements of CHAR Technologies, assuming nothing else is changed. The correlation between historical values of CHAR Technologies' Ptb Ratio and Roe 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 CHAR Technologies are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Ptb Ratio i.e., CHAR Technologies' Ptb Ratio and Roe go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Roe

Most indicators from CHAR Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CHAR Technologies 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 CHAR Technologies. 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.
Enterprise Value is likely to climb to about 45.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 131 K in 2024.

CHAR Technologies fundamental ratios Correlations

0.220.570.860.950.270.360.14-0.960.940.550.40.440.290.830.20.960.440.760.20.280.980.130.950.260.59
0.220.290.090.060.990.390.86-0.290.34-0.080.920.60.230.410.940.220.860.380.990.180.31-0.10.25-0.05-0.17
0.570.290.820.620.380.310.01-0.550.470.510.580.540.150.170.360.520.620.040.260.220.510.080.450.150.83
0.860.090.820.860.180.380.0-0.850.760.440.390.530.310.460.050.870.470.360.050.360.810.350.70.460.87
0.950.060.620.860.120.36-0.09-0.870.830.670.280.290.30.70.090.880.330.670.030.260.880.160.890.270.73
0.270.990.380.180.120.420.86-0.360.39-0.080.960.680.240.410.920.280.910.350.980.20.36-0.10.27-0.04-0.07
0.360.390.310.380.360.420.37-0.350.25-0.10.580.580.950.230.270.420.630.270.380.380.350.240.220.350.36
0.140.860.010.0-0.090.860.37-0.290.34-0.490.750.610.240.360.650.240.720.340.850.250.270.070.090.12-0.34
-0.96-0.29-0.55-0.85-0.87-0.36-0.35-0.29-0.98-0.38-0.46-0.5-0.24-0.82-0.21-0.98-0.5-0.71-0.27-0.19-0.98-0.16-0.87-0.28-0.53
0.940.340.470.760.830.390.250.34-0.980.380.440.410.140.880.260.950.460.790.310.150.960.140.890.250.39
0.55-0.080.510.440.67-0.08-0.1-0.49-0.380.380.02-0.14-0.150.430.180.34-0.020.39-0.08-0.080.46-0.280.69-0.240.48
0.40.920.580.390.280.960.580.75-0.460.440.020.780.380.380.870.40.970.310.910.290.45-0.040.340.040.2
0.440.60.540.530.290.680.580.61-0.50.41-0.140.780.480.250.480.50.860.150.630.570.510.080.280.190.36
0.290.230.150.310.30.240.950.24-0.240.14-0.150.380.480.140.090.370.460.240.210.460.270.40.150.50.32
0.830.410.170.460.70.410.230.36-0.820.880.430.380.250.140.380.780.350.950.410.060.88-0.090.910.010.06
0.20.940.360.050.090.920.270.65-0.210.260.180.870.480.090.380.110.770.340.950.080.25-0.320.3-0.27-0.12
0.960.220.520.870.880.280.420.24-0.980.950.340.40.50.370.780.110.460.710.190.320.970.30.850.430.57
0.440.860.620.470.330.910.630.72-0.50.46-0.020.970.860.460.350.770.460.280.850.340.480.050.330.150.31
0.760.380.040.360.670.350.270.34-0.710.790.390.310.150.240.950.340.710.280.370.170.790.060.850.150.01
0.20.990.260.050.030.980.380.85-0.270.31-0.080.910.630.210.410.950.190.850.370.180.3-0.210.25-0.15-0.2
0.280.180.220.360.260.20.380.25-0.190.15-0.080.290.570.460.060.080.320.340.170.180.280.460.210.490.28
0.980.310.510.810.880.360.350.27-0.980.960.460.450.510.270.880.250.970.480.790.30.280.110.940.240.48
0.13-0.10.080.350.16-0.10.240.07-0.160.14-0.28-0.040.080.4-0.09-0.320.30.050.06-0.210.460.11-0.020.990.31
0.950.250.450.70.890.270.220.09-0.870.890.690.340.280.150.910.30.850.330.850.250.210.94-0.020.090.41
0.26-0.050.150.460.27-0.040.350.12-0.280.25-0.240.040.190.50.01-0.270.430.150.15-0.150.490.240.990.090.39
0.59-0.170.830.870.73-0.070.36-0.34-0.530.390.480.20.360.320.06-0.120.570.310.01-0.20.280.480.310.410.39
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CHAR Technologies Account Relationship Matchups

CHAR Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4M10.3M9.9M18.9M465.4K442.1K
Other Current Liab98.7K3.0M2.4M1.1M1.2M754.1K
Total Current Liabilities874.8K3.9M4.4M3.2M120.4K114.4K
Total Stockholder Equity1.3M5.5M4.7M6.9M303.4K288.2K
Property Plant And Equipment Net1.2M1.5M3.8M9.2M10.5M11.1M
Current Deferred Revenue525.0K506.9K596.1K598.3K688.0K550.8K
Net Debt172.4K(2.7M)426.4K1.7M2.0M2.1M
Retained Earnings(5.5M)(8.8M)(15.7M)(24.1M)(441.5K)(463.6K)
Accounts Payable209.6K333.5K807.6K1.4M50.7K48.2K
Cash129.1K3.0M460.5K2.1M347.4K330.0K
Non Current Assets Total2.7M6.1M7.7M10.6M12.2M12.8M
Cash And Short Term Investments129.1K3.0M460.5K6.1M7.0M7.4M
Net Receivables352.4K693.4K1.2M1.7M40.3K38.3K
Common Stock Shares Outstanding45.1M64.0M77.9M88.5M101.7M106.8M
Liabilities And Stockholders Equity3.4M10.3M9.9M18.9M21.7M22.8M
Non Current Liabilities Total1.2M880.3K834.5K8.7M10.0M10.5M
Other Current Assets62.2K283.4K229.5K196.2K225.7K224.5K
Total Liab2.1M4.8M5.3M11.9M162.0K153.9K
Total Current Assets658.4K4.2M2.2M8.3M396.5K376.6K
Accumulated Other Comprehensive Income511.1K2.6M5.1M7.0M8.1M8.5M
Short Term Debt41.6K50.7K662.5K126.9K41.6K39.5K
Intangible Assets799.9K672.9K3.9M3.3M786.3K40.5K
Net Tangible Assets(282.2K)952.9K770.3K260.7K234.6K222.9K
Property Plant Equipment1.1M1.5M3.8M23.2K26.7K25.4K
Other Liab1.5M905.2K622.4K610.1K549.1K716.7K
Inventory114.6K270.2K323.6K312.5K359.4K227.5K
Net Invested Capital1.5M5.8M5.5M9.4M10.8M11.4M
Net Working Capital(216.5K)350.0K(2.2M)5.0M5.8M6.1M

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Additional Tools for CHAR Stock Analysis

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