Yangarra Historical Financial Ratios
YGR Stock | CAD 1.04 0.03 2.97% |
Yangarra Resources is currently reporting on over 92 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 Price To Sales Ratio of 0.74, Dividend Yield of 0.0, PTB Ratio of 0.21 or Days Sales Outstanding of 68.53 will help investors to properly organize and evaluate Yangarra Resources financial condition quickly.
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About Yangarra Financial Ratios Analysis
Yangarra ResourcesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Yangarra 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 Yangarra financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Yangarra Resources history.
Yangarra Resources Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Yangarra Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Yangarra Resources sales, a figure that is much harder to manipulate than other Yangarra Resources multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.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.Most ratios from Yangarra Resources' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Yangarra 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yangarra 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, Yangarra Resources' Net Income Per Share is very stable compared to the past year. As of the 26th of November 2024, Payables Turnover is likely to grow to 2.38, while Price To Sales Ratio is likely to drop 0.74.
2021 | 2022 | 2024 (projected) | Days Sales Outstanding | 71.64 | 52.09 | 68.53 | PTB Ratio | 0.38 | 0.52 | 0.21 |
Yangarra Resources fundamentals Correlations
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Yangarra Resources Account Relationship Matchups
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Yangarra Resources fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.82 | 0.72 | 0.98 | 1.1 | 0.78 | 0.74 | |
Ptb Ratio | 0.87 | 0.39 | 0.2 | 0.38 | 0.52 | 0.21 | |
Days Sales Outstanding | 62.34 | 79.61 | 71.64 | 52.09 | 72.14 | 68.53 | |
Book Value Per Share | 3.56 | 3.66 | 4.25 | 5.42 | 5.76 | 5.63 | |
Free Cash Flow Yield | (0.34) | (0.12) | 0.0198 | 0.23 | 0.0397 | 0.0416 | |
Operating Cash Flow Per Share | 0.99 | 0.95 | 0.51 | 1.06 | 1.94 | 1.12 | |
Stock Based Compensation To Revenue | 0.0252 | 0.0314 | 0.009423 | 0.002801 | 0.0112 | 0.0106 | |
Capex To Depreciation | 3.07 | 1.53 | 3.24 | 2.98 | 2.36 | 2.24 | |
Pb Ratio | 0.87 | 0.39 | 0.2 | 0.38 | 0.52 | 0.21 | |
Ev To Sales | 2.21 | 3.17 | 2.44 | 1.73 | 1.59 | 1.51 | |
Free Cash Flow Per Share | (0.47) | (0.0896) | 0.0317 | 0.65 | 0.0508 | 0.0533 | |
Inventory Turnover | (560.19) | 10.59 | 10.79 | 7.64 | 6.88 | 7.22 | |
Net Income Per Share | 0.51 | 0.0568 | 0.58 | 1.22 | 0.5 | 0.53 | |
Days Of Inventory On Hand | (0.65) | 34.48 | 33.84 | 47.76 | 54.93 | 52.18 | |
Payables Turnover | 2.92 | 2.57 | 1.6 | 1.88 | 2.26 | 2.38 | |
Sales General And Administrative To Revenue | 0.0804 | 0.1 | 0.056 | 0.021 | 0.049 | 0.0465 | |
Capex To Revenue | 0.84 | 0.6 | 0.63 | 0.51 | 0.62 | 0.59 | |
Cash Per Share | 0.007737 | (0.0577) | (0.0601) | (0.0506) | (0.0581) | (0.0552) | |
Pocfratio | 2.65 | 1.45 | 1.4 | 1.51 | 1.2 | 1.14 | |
Capex To Operating Cash Flow | 1.49 | 1.17 | 0.97 | 0.67 | 0.95 | 0.9 | |
Pfcf Ratio | (2.96) | (8.04) | 50.41 | 4.35 | 25.22 | 26.48 | |
Days Payables Outstanding | 124.86 | 142.23 | 228.65 | 193.67 | 161.23 | 153.17 | |
Income Quality | 1.87 | 9.05 | 1.82 | 1.6 | 2.12 | 2.23 | |
Roe | 0.13 | 0.14 | 0.0155 | 0.22 | 0.087 | 0.0913 | |
Ev To Operating Cash Flow | 3.92 | 6.2 | 3.75 | 2.29 | 2.45 | 2.33 | |
Pe Ratio | 2.72 | 12.68 | 2.75 | 2.31 | 2.56 | 2.68 | |
Return On Tangible Assets | 0.0731 | 0.007946 | 0.0732 | 0.14 | 0.0559 | 0.0587 | |
Ev To Free Cash Flow | (8.0) | (35.57) | 125.57 | 6.88 | 51.32 | 53.88 | |
Earnings Yield | 0.37 | 0.0788 | 0.36 | 0.43 | 0.39 | 0.41 | |
Net Debt To E B I T D A | 1.59 | 2.13 | 4.27 | 1.96 | 0.76 | 1.02 | |
Current Ratio | 1.03 | 1.0 | 0.9 | 0.23 | 0.98 | 1.11 | |
Tangible Book Value Per Share | 3.56 | 3.66 | 4.25 | 5.42 | 5.76 | 5.63 | |
Receivables Turnover | 5.85 | 4.59 | 5.09 | 7.01 | 5.06 | 2.99 | |
Graham Number | 6.37 | 2.16 | 7.46 | 12.18 | 8.05 | 6.93 | |
Shareholders Equity Per Share | 3.56 | 3.66 | 4.25 | 5.42 | 5.76 | 5.63 | |
Debt To Equity | 0.64 | 0.66 | 0.55 | 0.3 | 0.23 | 0.31 |
Pair Trading with Yangarra 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 Yangarra 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 Yangarra Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Yangarra Stock
0.73 | FFH | Fairfax Financial | PairCorr |
0.72 | ENS-PA | E Split Corp | PairCorr |
0.66 | ENS | E Split Corp | PairCorr |
0.65 | ENB-PFV | Enbridge Pref 5 | PairCorr |
0.59 | FFH-PC | Fairfax Fin Hld | PairCorr |
The ability to find closely correlated positions to Yangarra 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 Yangarra 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 Yangarra 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 Yangarra Resources to buy it.
The correlation of Yangarra 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 Yangarra Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yangarra 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 Yangarra 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 Yangarra Stock
Yangarra ResourcesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Yangarra 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 Yangarra financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Yangarra Resources history.