Zephyr Ptb Ratio vs Pb Ratio Analysis

ZFR Stock  CAD 0.03  0.01  16.67%   
Zephyr Minerals financial indicator trend analysis is more than just analyzing Zephyr Minerals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zephyr Minerals is a good investment. Please check the relationship between Zephyr Minerals Ptb Ratio and its Pb Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zephyr Minerals. 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 Pb Ratio

Ptb Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zephyr Minerals Ptb Ratio account and Pb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Zephyr Minerals' Ptb Ratio and Pb Ratio is 1.0. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Zephyr Minerals, assuming nothing else is changed. The correlation between historical values of Zephyr Minerals' Ptb Ratio and Pb 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 Zephyr Minerals are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Ptb Ratio i.e., Zephyr Minerals' Ptb Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Pb Ratio

Most indicators from Zephyr Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zephyr Minerals 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 Zephyr Minerals. 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 climb to about 489.8 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 321.6 K in 2024.

Zephyr Minerals fundamental ratios Correlations

-0.061.0-0.25-0.770.250.980.050.250.150.96-0.010.560.29-0.640.980.080.970.970.950.330.510.930.720.270.84
-0.06-0.070.260.06-0.26-0.020.34-0.260.55-0.010.520.67-0.2-0.14-0.020.91-0.08-0.09-0.050.52-0.26-0.24-0.19-0.18-0.24
1.0-0.07-0.26-0.770.260.980.040.260.150.96-0.010.550.3-0.640.980.070.970.970.940.330.50.930.720.270.84
-0.250.26-0.26-0.13-1.0-0.080.31-1.00.04-0.05-0.180.3-0.99-0.17-0.080.25-0.18-0.14-0.040.030.18-0.28-0.620.24-0.17
-0.770.06-0.77-0.130.14-0.810.040.14-0.05-0.870.38-0.620.130.64-0.82-0.08-0.86-0.88-0.870.04-0.88-0.78-0.29-0.59-0.89
0.25-0.260.26-1.00.140.08-0.311.0-0.040.050.19-0.30.990.170.08-0.250.180.140.04-0.03-0.190.280.62-0.240.17
0.98-0.020.98-0.08-0.810.080.10.080.150.98-0.030.630.12-0.681.00.120.970.970.970.340.540.90.630.340.83
0.050.340.040.310.04-0.310.1-0.310.390.040.250.3-0.24-0.210.10.390.01-0.010.060.72-0.22-0.15-0.12-0.11-0.27
0.25-0.260.26-1.00.141.00.08-0.31-0.040.050.19-0.30.990.170.08-0.250.180.140.04-0.03-0.190.280.62-0.240.17
0.150.550.150.04-0.05-0.040.150.39-0.040.110.210.440.020.050.160.570.130.130.150.55-0.150.110.16-0.260.09
0.96-0.010.96-0.05-0.870.050.980.040.050.11-0.110.660.09-0.70.980.120.990.990.990.250.630.870.560.450.86
-0.010.52-0.01-0.180.380.19-0.030.250.190.21-0.110.20.25-0.22-0.050.49-0.16-0.17-0.190.54-0.56-0.240.08-0.37-0.38
0.560.670.550.3-0.62-0.30.630.3-0.30.440.660.2-0.26-0.520.630.70.60.60.650.410.420.380.090.40.44
0.29-0.20.3-0.990.130.990.12-0.240.990.020.090.25-0.260.120.12-0.190.210.170.070.08-0.230.290.66-0.290.16
-0.64-0.14-0.64-0.170.640.17-0.68-0.210.170.05-0.7-0.22-0.520.12-0.68-0.31-0.62-0.62-0.62-0.4-0.35-0.49-0.3-0.18-0.45
0.98-0.020.98-0.08-0.820.081.00.10.080.160.98-0.050.630.12-0.680.120.970.970.970.340.560.910.630.330.83
0.080.910.070.25-0.08-0.250.120.39-0.250.570.120.490.7-0.19-0.310.120.050.040.080.59-0.12-0.11-0.13-0.15-0.11
0.97-0.080.97-0.18-0.860.180.970.010.180.130.99-0.160.60.21-0.620.970.051.00.990.210.630.90.630.440.89
0.97-0.090.97-0.14-0.880.140.97-0.010.140.130.99-0.170.60.17-0.620.970.041.00.990.180.660.920.610.460.91
0.95-0.050.94-0.04-0.870.040.970.060.040.150.99-0.190.650.07-0.620.970.080.990.990.230.650.870.550.490.88
0.330.520.330.030.04-0.030.340.72-0.030.550.250.540.410.08-0.40.340.590.210.180.23-0.430.10.33-0.47-0.14
0.51-0.260.50.18-0.88-0.190.54-0.22-0.19-0.150.63-0.560.42-0.23-0.350.56-0.120.630.660.65-0.430.60.050.770.79
0.93-0.240.93-0.28-0.780.280.9-0.150.280.110.87-0.240.380.29-0.490.91-0.110.90.920.870.10.60.750.250.92
0.72-0.190.72-0.62-0.290.620.63-0.120.620.160.560.080.090.66-0.30.63-0.130.630.610.550.330.050.75-0.160.56
0.27-0.180.270.24-0.59-0.240.34-0.11-0.24-0.260.45-0.370.4-0.29-0.180.33-0.150.440.460.49-0.470.770.25-0.160.52
0.84-0.240.84-0.17-0.890.170.83-0.270.170.090.86-0.380.440.16-0.450.83-0.110.890.910.88-0.140.790.920.560.52
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Zephyr Minerals Account Relationship Matchups

Zephyr Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7M7.5M7.2M6.9M5.3M3.9M
Total Current Liabilities52.8K43.5K93.3K52.7K64.0K62.4K
Total Stockholder Equity4.6M7.4M7.1M6.8M5.1M3.8M
Net Debt(98.6K)(1.4M)(712.9K)(403.0K)(116.8K)(122.6K)
Retained Earnings(4.0M)(4.6M)(5.3M)(6.0M)(8.1M)(7.7M)
Cash98.6K1.4M712.9K403.0K116.8K111.0K
Non Current Assets Total4.5M5.9M6.3M6.5M5.1M3.4M
Non Currrent Assets Other53.8K53.0K38.0K99.4K99.1K94.2K
Cash And Short Term Investments98.6K1.4M712.9K403.0K116.8K111.0K
Net Receivables5.1K16.7K35.5K9.6K14.5K18.3K
Common Stock Shares Outstanding50.3M63.4M67.8M67.4M72.7M44.8M
Liabilities And Stockholders Equity4.7M7.5M7.2M6.9M5.3M3.9M
Other Stockholder Equity1.9M2.2M2.3M2.5M(1.0)(0.95)
Total Liab106.6K96.5K131.3K152.1K163.1K120.4K
Total Current Assets195.8K1.5M846.3K423.9K137.3K130.4K
Other Current Liab24.2K21.6K21.6K26.1K22.0K24.3K
Property Plant And Equipment Net4.4M5.9M6.3M6.4M5.0M3.6M
Accounts Payable28.6K21.8K71.8K26.6K42.1K55.6K
Accumulated Other Comprehensive Income1.9M2.2M2.3M2.6M2.7M1.7M
Net Tangible Assets4.6M7.4M7.1M6.8M7.8M4.3M
Common Stock6.7M9.8M10.0M10.2M10.5M6.8M
Property Plant Equipment4.4M5.9M6.3M6.4M7.3M3.8M
Other Current Assets67.0K83.9K97.9K11.3K6.0K5.7K
Non Current Liabilities Total53.8K53.0K38.0K99.4K99.1K56.2K
Other Liab53.8K53.0K38.0K99.4K114.3K120.0K
Net Invested Capital4.6M7.4M7.1M6.8M5.1M5.9M
Net Working Capital142.9K1.5M752.9K371.1K73.3K69.6K
Other Assets53.8K53.0K38.0K99.4K114.3K66.0K
Capital Stock6.7M9.8M10.0M10.2M10.5M9.7M

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