Bell Ptb Ratio vs Capex To Depreciation Analysis

BCU Stock  CAD 0.04  0.01  12.50%   
Bell Copper financial indicator trend analysis is way more than just evaluating Bell Copper Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bell Copper Corp is a good investment. Please check the relationship between Bell Copper Ptb Ratio and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bell Copper Corp. 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 Capex To Depreciation

Ptb Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bell Copper Corp Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Bell Copper's Ptb Ratio and Capex To Depreciation is 0.12. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Bell Copper Corp, assuming nothing else is changed. The correlation between historical values of Bell Copper's Ptb Ratio and Capex To Depreciation 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 Bell Copper Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., Bell Copper's Ptb Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Bell Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bell Copper Corp 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 Bell Copper Corp. 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, Bell Copper's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 987.1 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (17.29) in 2024.

Bell Copper fundamental ratios Correlations

0.04-0.210.951.00.550.280.651.00.670.86-0.010.810.830.160.010.230.58-0.210.630.180.97-0.03-0.090.00.15
0.040.190.040.04-0.11-0.890.160.040.17-0.130.480.030.040.950.570.13-0.1-0.49-0.10.89-0.12-0.030.390.21-0.41
-0.210.19-0.47-0.210.62-0.38-0.04-0.21-0.070.23-0.320.370.110.170.480.480.6-0.510.550.2-0.160.22-0.38-0.390.32
0.950.04-0.470.960.310.30.60.960.620.690.130.610.710.17-0.130.050.33-0.040.40.140.9-0.070.090.16-0.01
1.00.04-0.210.960.550.280.651.00.670.86-0.020.810.830.160.010.230.58-0.210.630.170.97-0.03-0.090.00.15
0.55-0.110.620.310.550.130.290.550.290.88-0.340.880.640.020.110.471.0-0.360.990.050.60.15-0.42-0.30.46
0.28-0.89-0.380.30.280.130.120.280.110.32-0.540.180.22-0.88-0.49-0.050.130.370.16-0.870.430.16-0.41-0.310.43
0.650.16-0.040.60.650.290.120.651.00.56-0.150.610.910.140.460.230.32-0.370.360.110.660.31-0.03-0.110.0
1.00.04-0.210.961.00.550.280.650.670.86-0.010.810.830.170.00.220.57-0.210.630.170.97-0.03-0.090.00.15
0.670.17-0.070.620.670.290.111.00.670.56-0.090.60.90.170.440.210.31-0.330.350.150.670.230.01-0.06-0.03
0.86-0.130.230.690.860.880.320.560.860.56-0.320.970.850.00.080.420.89-0.350.920.020.90.16-0.38-0.270.41
-0.010.48-0.320.13-0.02-0.34-0.54-0.15-0.01-0.09-0.32-0.36-0.250.6-0.25-0.61-0.350.42-0.350.6-0.23-0.660.860.89-0.76
0.810.030.370.610.810.880.180.610.810.60.97-0.360.870.110.30.540.9-0.530.920.150.850.2-0.43-0.360.42
0.830.040.110.710.830.640.220.910.830.90.85-0.250.870.10.340.370.66-0.410.70.090.860.27-0.2-0.210.2
0.160.950.170.170.160.02-0.880.140.170.170.00.60.110.10.430.10.03-0.390.030.95-0.02-0.180.470.37-0.43
0.010.570.48-0.130.010.11-0.490.460.00.440.08-0.250.30.340.430.590.13-0.80.130.490.020.27-0.32-0.360.23
0.230.130.480.050.230.47-0.050.230.220.210.42-0.610.540.370.10.590.49-0.710.490.150.30.32-0.75-0.630.7
0.58-0.10.60.330.581.00.130.320.570.310.89-0.350.90.660.030.130.49-0.381.00.060.620.16-0.44-0.310.47
-0.21-0.49-0.51-0.04-0.21-0.360.37-0.37-0.21-0.33-0.350.42-0.53-0.41-0.39-0.8-0.71-0.38-0.39-0.42-0.26-0.440.480.66-0.28
0.63-0.10.550.40.630.990.160.360.630.350.92-0.350.920.70.030.130.491.0-0.390.060.670.16-0.43-0.310.47
0.180.890.20.140.170.05-0.870.110.170.150.020.60.150.090.950.490.150.06-0.420.060.0-0.370.340.36-0.33
0.97-0.12-0.160.90.970.60.430.660.970.670.9-0.230.850.86-0.020.020.30.62-0.260.670.00.09-0.26-0.180.29
-0.03-0.030.22-0.07-0.030.150.160.31-0.030.230.16-0.660.20.27-0.180.270.320.16-0.440.16-0.370.09-0.3-0.620.22
-0.090.39-0.380.09-0.09-0.42-0.41-0.03-0.090.01-0.380.86-0.43-0.20.47-0.32-0.75-0.440.48-0.430.34-0.26-0.30.82-0.92
0.00.21-0.390.160.0-0.3-0.31-0.110.0-0.06-0.270.89-0.36-0.210.37-0.36-0.63-0.310.66-0.310.36-0.18-0.620.82-0.6
0.15-0.410.32-0.010.150.460.430.00.15-0.030.41-0.760.420.2-0.430.230.70.47-0.280.47-0.330.290.22-0.92-0.6
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Bell Copper Account Relationship Matchups

Bell Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4M5.4M8.0M9.9M10.9M9.4M
Other Current Liab1.8M2.0M1.9M1.8M2.1M1.5M
Total Current Liabilities2.9M3.2M893.7K382.3K1.3M1.2M
Total Stockholder Equity1.4M2.2M7.1M9.4M9.4M4.9M
Property Plant And Equipment Net4.2M4.9M7.7M9.6M10.7M8.8M
Net Debt(153.2K)(324.8K)(191.1K)(57.4K)(51.6K)(49.0K)
Retained Earnings(65.4M)(66.9M)(65.3M)(67.7M)(68.9M)(65.4M)
Cash153.2K324.8K191.1K57.4K11.7K11.1K
Non Current Assets Total4.2M5.1M7.8M9.9M10.8M9.0M
Cash And Short Term Investments153.2K324.8K191.1K57.4K51.6K49.0K
Net Receivables10.9K2.1K15.5K3.2K2.9K2.8K
Common Stock Shares Outstanding71.0M80.5M97.5M119.8M130.5M137.0M
Liabilities And Stockholders Equity4.4M5.4M8.0M9.9M11.4M9.3M
Total Liab2.9M3.2M993.4K556.3K1.5M1.4M
Total Current Assets164.1K327.0K206.5K60.6K22.4K21.3K
Common Stock65.7M67.0M70.1M72.8M83.7M64.6M
Accounts Payable1.1M1.3M893.7K382.3K439.7K788.7K
Other Stockholder Equity1.1M2.1M2.2M3.9M4.4M4.2M
Non Currrent Assets Other23.4K109.4K108.9K135.4K169.9K144.0K
Accumulated Other Comprehensive Income26.3K33.1K78.4K406.5K365.8K384.1K
Net Tangible Assets1.2M1.3M1.4M2.2M2.5M1.4M
Other Assets22.6K24.6K23.4K109.4K125.8K132.1K
Property Plant Equipment4.1M4.2M4.2M4.9M5.7M4.8M
Net Invested Capital1.4M2.2M7.1M9.4M9.4M5.1M
Net Working Capital(2.8M)(2.9M)(687.2K)(321.8K)(1.3M)(1.3M)
Capital Stock65.7M67.0M70.1M72.8M73.6M76.0M

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