Altiplano Ptb Ratio vs Free Cash Flow Yield Analysis

APN Stock

CAD 0.04 0.01 10.00%

Altiplano Metals financial indicator trend analysis is way more than just evaluating Altiplano Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Altiplano Metals is a good investment. Please check the relationship between Altiplano Metals Ptb Ratio and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altiplano Metals. 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 Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Altiplano Metals Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very week relationship.

The correlation between Altiplano Metals' Ptb Ratio and Free Cash Flow Yield is 0.24. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Altiplano Metals, assuming nothing else is changed. The correlation between historical values of Altiplano Metals' Ptb Ratio and Free Cash Flow Yield 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 Altiplano Metals are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., Altiplano Metals' Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Altiplano Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Altiplano Metals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Altiplano Metals. 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, Altiplano Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 15 M in 2024, whereas Selling General Administrative is likely to drop slightly above 299.9 K in 2024.

Altiplano Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Tangible Assets	Accounts Payable	Other Assets	Other Current Assets	Common Stock	Property Plant Equipment	Other Current Liab	Inventory	Long Term Investments	Net Invested Capital	Net Working Capital
Total Assets		0.91	0.99	0.84	0.58	-0.98	0.24	0.99	0.24	0.66	-0.39	0.92	0.51	0.59	0.99	1.0	0.88	0.02	0.74	0.94	0.99	0.73	0.78	-0.16	0.96	-0.35
Total Current Liabilities	0.91		0.86	0.63	0.74	-0.92	0.06	0.93	0.06	0.41	-0.53	0.98	0.28	0.61	0.92	0.9	0.99	-0.06	0.62	0.79	0.94	0.93	0.64	-0.3	0.86	-0.64
Total Stockholder Equity	0.99	0.86		0.89	0.53	-0.97	0.25	0.98	0.25	0.71	-0.34	0.86	0.53	0.57	0.98	0.99	0.83	0.05	0.72	0.95	0.97	0.65	0.8	-0.09	0.96	-0.29
Property Plant And Equipment Net	0.84	0.63	0.89		0.42	-0.82	0.17	0.83	0.17	0.76	-0.21	0.61	0.48	0.32	0.84	0.83	0.59	0.17	0.73	0.92	0.8	0.32	0.76	0.05	0.85	-0.1
Net Debt	0.58	0.74	0.53	0.42		-0.69	-0.54	0.66	-0.54	0.31	-0.35	0.69	-0.27	0.58	0.64	0.6	0.77	0.11	0.37	0.54	0.67	0.73	0.6	-0.09	0.54	-0.65
Retained Earnings	-0.98	-0.92	-0.97	-0.82	-0.69		-0.09	-0.99	-0.09	-0.62	0.37	-0.91	-0.37	-0.61	-0.99	-0.98	-0.9	-0.05	-0.68	-0.94	-0.99	-0.76	-0.82	0.16	-0.95	0.44
Cash	0.24	0.06	0.25	0.17	-0.54	-0.09		0.12	1.0	0.08	-0.02	0.19	0.92	-0.29	0.15	0.2	-0.05	-0.14	0.47	0.17	0.12	-0.07	-0.05	-0.38	0.26	0.51
Non Current Assets Total	0.99	0.93	0.98	0.83	0.66	-0.99	0.12		0.12	0.65	-0.4	0.92	0.4	0.63	1.0	0.99	0.91	0.04	0.68	0.93	1.0	0.77	0.79	-0.13	0.95	-0.44
Cash And Short Term Investments	0.24	0.06	0.25	0.17	-0.54	-0.09	1.0	0.12		0.08	-0.02	0.19	0.92	-0.29	0.15	0.2	-0.05	-0.14	0.47	0.17	0.12	-0.07	-0.05	-0.38	0.26	0.51
Net Receivables	0.66	0.41	0.71	0.76	0.31	-0.62	0.08	0.65	0.08		-0.28	0.42	0.41	0.6	0.64	0.68	0.41	-0.12	0.5	0.73	0.63	0.15	0.68	0.55	0.67	0.08
Other Stockholder Equity	-0.39	-0.53	-0.34	-0.21	-0.35	0.37	-0.02	-0.4	-0.02	-0.28		-0.5	-0.11	-0.23	-0.39	-0.39	-0.53	0.8	-0.18	-0.31	-0.41	-0.49	0.01	-0.05	-0.45	0.42
Total Liab	0.92	0.98	0.86	0.61	0.69	-0.91	0.19	0.92	0.19	0.42	-0.5		0.41	0.57	0.91	0.9	0.95	-0.07	0.71	0.79	0.93	0.9	0.64	-0.36	0.87	-0.51
Total Current Assets	0.51	0.28	0.53	0.48	-0.27	-0.37	0.92	0.4	0.92	0.41	-0.11	0.41		-0.07	0.42	0.47	0.17	-0.09	0.72	0.47	0.39	0.06	0.26	-0.25	0.53	0.45
Non Currrent Assets Other	0.59	0.61	0.57	0.32	0.58	-0.61	-0.29	0.63	-0.29	0.6	-0.23	0.57	-0.07		0.61	0.63	0.67	-0.01	0.11	0.49	0.66	0.63	0.62	0.39	0.47	-0.51
Common Stock Shares Outstanding	0.99	0.92	0.98	0.84	0.64	-0.99	0.15	1.0	0.15	0.64	-0.39	0.91	0.42	0.61		0.99	0.89	0.03	0.68	0.94	0.99	0.75	0.8	-0.15	0.95	-0.4
Net Tangible Assets	1.0	0.9	0.99	0.83	0.6	-0.98	0.2	0.99	0.2	0.68	-0.39	0.9	0.47	0.63	0.99		0.87	0.03	0.7	0.93	0.99	0.73	0.79	-0.12	0.96	-0.35
Accounts Payable	0.88	0.99	0.83	0.59	0.77	-0.9	-0.05	0.91	-0.05	0.41	-0.53	0.95	0.17	0.67	0.89	0.87		-0.06	0.53	0.76	0.92	0.95	0.63	-0.22	0.81	-0.73
Other Assets	0.02	-0.06	0.05	0.17	0.11	-0.05	-0.14	0.04	-0.14	-0.12	0.8	-0.07	-0.09	-0.01	0.03	0.03	-0.06		0.18	0.08	0.02	-0.07	0.33	-0.22	-0.07	0.06
Other Current Assets	0.74	0.62	0.72	0.73	0.37	-0.68	0.47	0.68	0.47	0.5	-0.18	0.71	0.72	0.11	0.68	0.7	0.53	0.18		0.74	0.67	0.37	0.59	-0.35	0.75	0.09
Common Stock	0.94	0.79	0.95	0.92	0.54	-0.94	0.17	0.93	0.17	0.73	-0.31	0.79	0.47	0.49	0.94	0.93	0.76	0.08	0.74		0.92	0.56	0.79	-0.07	0.97	-0.26
Property Plant Equipment	0.99	0.94	0.97	0.8	0.67	-0.99	0.12	1.0	0.12	0.63	-0.41	0.93	0.39	0.66	0.99	0.99	0.92	0.02	0.67	0.92		0.8	0.78	-0.14	0.94	-0.46
Other Current Liab	0.73	0.93	0.65	0.32	0.73	-0.76	-0.07	0.77	-0.07	0.15	-0.49	0.9	0.06	0.63	0.75	0.73	0.95	-0.07	0.37	0.56	0.8		0.46	-0.37	0.65	-0.79
Inventory	0.78	0.64	0.8	0.76	0.6	-0.82	-0.05	0.79	-0.05	0.68	0.01	0.64	0.26	0.62	0.8	0.79	0.63	0.33	0.59	0.79	0.78	0.46		0.08	0.72	-0.19
Long Term Investments	-0.16	-0.3	-0.09	0.05	-0.09	0.16	-0.38	-0.13	-0.38	0.55	-0.05	-0.36	-0.25	0.39	-0.15	-0.12	-0.22	-0.22	-0.35	-0.07	-0.14	-0.37	0.08		-0.17	0.11
Net Invested Capital	0.96	0.86	0.96	0.85	0.54	-0.95	0.26	0.95	0.26	0.67	-0.45	0.87	0.53	0.47	0.95	0.96	0.81	-0.07	0.75	0.97	0.94	0.65	0.72	-0.17		-0.28
Net Working Capital	-0.35	-0.64	-0.29	-0.1	-0.65	0.44	0.51	-0.44	0.51	0.08	0.42	-0.51	0.45	-0.51	-0.4	-0.35	-0.73	0.06	0.09	-0.26	-0.46	-0.79	-0.19	0.11	-0.28

Click cells to compare fundamentals

Altiplano Metals Account Relationship Matchups

Altiplano Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.1M	10.9M	12.0M	13.1M	13.9M	14.6M
Total Current Liabilities	647.0K	1.2M	869.1K	2.4M	2.7M	2.9M
Total Stockholder Equity	6.4M	8.5M	10.8M	10.5M	10.2M	10.7M
Property Plant And Equipment Net	6.5M	8.0M	9.7M	11.9M	5.0M	4.5M
Net Debt	(29.8K)	(226.9K)	(668.0K)	721.9K	715.2K	751.0K
Retained Earnings	(6.7M)	(7.5M)	(9.8M)	(11.5M)	(12.4M)	(11.8M)
Cash	29.8K	1.9M	1.5M	118.8K	455.5K	598.9K
Non Current Assets Total	6.6M	8.0M	10.1M	12.4M	12.9M	13.5M
Cash And Short Term Investments	29.8K	1.9M	1.5M	118.8K	455.5K	598.9K
Net Receivables	409.7K	362.2K	305.8K	194.0K	257.1K	179.2K
Liabilities And Stockholders Equity	7.1M	10.9M	12.0M	13.1M	13.9M	14.6M
Other Stockholder Equity	1.3M	1.5M	2.2M	18.6K	21.3K	20.3K
Total Liab	647.0K	2.3M	1.3M	2.6M	3.7M	3.9M
Total Current Assets	485.9K	2.9M	2.0M	676.6K	993.7K	920.0K
Non Currrent Assets Other	6.9M	6.6M	333.9K	593.2K	7.9M	8.3M
Common Stock Shares Outstanding	67.3M	77.6M	108.1M	114.9M	121.6M	127.7M
Accumulated Other Comprehensive Income	(377.5K)	(318.1K)	(365.3K)	2.2M	1.7M	1.8M
Net Tangible Assets	6.4M	8.5M	10.8M	10.5M	12.1M	12.7M
Accounts Payable	584.9K	542.3K	405.3K	1.7M	1.9M	2.0M
Other Current Assets	46.5K	639.6K	219.4K	363.9K	281.1K	180.2K
Common Stock	12.2M	14.8M	18.8M	19.8M	20.9M	11.2M
Property Plant Equipment	6.5M	8.0M	9.7M	11.9M	13.6M	14.3M
Other Current Liab	62.1K	164.8K	75.1K	1.4M	2.3M	2.5M
Long Term Investments	73.7K	2.9K	2.1K	625.0	562.5	534.38
Net Invested Capital	6.4M	9.3M	10.8M	10.6M	12.2M	8.7M
Net Working Capital	(161.0K)	1.7M	1.1M	(1.7M)	(1.5M)	(1.5M)
Capital Stock	12.2M	14.8M	18.8M	19.8M	22.7M	17.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Altiplano Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC