Ascot Historical Financial Ratios
AOT Stock | CAD 0.22 0.01 4.35% |
Ascot Resources is presently reporting on over 94 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0, PTB Ratio of 0.69 or Days Sales Outstanding of 0.0 will help investors to properly organize and evaluate Ascot Resources financial condition quickly.
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About Ascot Financial Ratios Analysis
Ascot ResourcesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Ascot Resources investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Ascot financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Ascot Resources history.
Ascot Resources Financial Ratios Chart
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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.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.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Ascot Resources' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Ascot Resources current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascot Resources. 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, Ascot Resources' Cash Per Share is very stable compared to the past year. As of the 27th of November 2024, Income Quality is likely to grow to 1.41, while PTB Ratio is likely to drop 0.69.
2021 | 2022 | 2023 | 2024 (projected) | PB Ratio | 1.64 | 0.72 | 0.73 | 0.69 | Capex To Depreciation | 66.85 | 192.89 | 82.59 | 78.46 |
Ascot Resources fundamentals Correlations
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Ascot Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ascot Resources fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Ptb Ratio | 1.29 | 2.19 | 1.64 | 0.72 | 0.73 | 0.69 | |
Book Value Per Share | 0.79 | 0.69 | 0.68 | 0.74 | 0.73 | 0.67 | |
Operating Cash Flow Per Share | (0.0319) | (0.0196) | (0.0219) | (0.0119) | (0.0254) | (0.0267) | |
Capex To Depreciation | 93.9 | 13.65 | 66.85 | 192.89 | 82.59 | 78.46 | |
Pb Ratio | 1.29 | 2.19 | 1.64 | 0.72 | 0.73 | 0.69 | |
Free Cash Flow Per Share | (1.04E-4) | (0.12) | (0.0718) | (0.19) | (0.26) | (0.27) | |
Roic | (0.0402) | (0.0331) | (0.019) | (0.0345) | (0.0277) | (0.0291) | |
Net Income Per Share | (0.0362) | (0.0323) | (0.008468) | (0.0254) | (0.02) | (0.021) | |
Payables Turnover | 0.56 | 0.36 | 0.0628 | 0.11 | 0.0469 | 0.0446 | |
Cash Per Share | 0.0229 | 0.17 | 0.3 | 0.033 | 0.0613 | 0.0682 | |
Pocfratio | (27.92) | (75.97) | (55.16) | (43.87) | (19.28) | (20.24) | |
Capex To Operating Cash Flow | (2.71) | (2.66) | (7.52) | (21.03) | (9.68) | (10.17) | |
Pfcf Ratio | (7.52) | (20.74) | (6.47) | (1.99) | (1.8) | (1.89) | |
Days Payables Outstanding | 649.16 | 1.0K | 5.8K | 3.4K | 7.8K | 7.4K | |
Roe | (0.0525) | (0.0474) | (0.0115) | (0.035) | (0.0297) | (0.0312) | |
Ev To Operating Cash Flow | (29.19) | (76.32) | (52.94) | (51.37) | (19.3) | (20.27) | |
Pe Ratio | (24.61) | (46.07) | (142.89) | (20.44) | (24.5) | (25.72) | |
Return On Tangible Assets | (0.0424) | (0.0337) | (0.008695) | (0.0285) | (0.0165) | (0.0174) | |
Ev To Free Cash Flow | (7.87) | (20.84) | (6.21) | (2.33) | (1.81) | (1.9) | |
Earnings Yield | (0.0406) | (0.0217) | (0.006998) | (0.0489) | (0.0408) | (0.0429) | |
Net Debt To E B I T D A | (1.41) | (0.22) | 10.84 | (11.93) | (0.0646) | (0.0614) | |
Current Ratio | 1.96 | 0.95 | 4.19 | 0.31 | 0.64 | 0.61 | |
Tangible Book Value Per Share | 0.79 | 0.69 | 0.68 | 0.74 | 0.73 | 0.67 | |
Graham Number | 0.61 | 0.75 | 0.7 | 0.38 | 0.65 | 0.41 | |
Capex Per Share | 7.9E-5 | 0.0864 | 0.0522 | 0.16 | 0.25 | 0.26 | |
Graham Net Net | (0.14) | (0.11) | 0.0707 | (0.13) | (0.47) | (0.45) | |
Enterprise Value Over E B I T D A | (32.4) | (48.54) | (257.46) | (81.75) | (56.03) | (58.83) | |
Price Earnings Ratio | (24.61) | (46.07) | (142.89) | (20.44) | (24.5) | (25.72) | |
Price Book Value Ratio | 1.29 | 2.19 | 1.64 | 0.72 | 0.73 | 0.69 | |
Price Earnings To Growth Ratio | 0.0969 | 4.28 | 1.94 | (0.1) | 1.15 | 1.11 | |
Days Of Payables Outstanding | 649.16 | 1.0K | 5.8K | 3.4K | 7.8K | 7.4K |
Pair Trading with Ascot Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ascot Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ascot Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Ascot Stock
0.82 | FGAA-U | FG Acquisition Corp | PairCorr |
0.46 | TSAT | Telesat Corp | PairCorr |
0.43 | BBUC | Brookfield Business Corp | PairCorr |
0.41 | GATO | Gatos Silver | PairCorr |
0.31 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Ascot Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascot Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ascot Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ascot Resources to buy it.
The correlation of Ascot Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ascot Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascot Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ascot Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Ascot Stock
Ascot ResourcesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Ascot Resources investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Ascot financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Ascot Resources history.