Belo Cash Per Share vs Book Value Per Share Analysis

BSX Stock

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

Cash Per Share vs Book Value Per Share

Cash Per Share vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Belo Sun Mining Cash Per Share account and Book Value Per Share. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Belo Sun's Cash Per Share and Book Value Per Share is 0.44. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Belo Sun Mining, assuming nothing else is changed. The correlation between historical values of Belo Sun's Cash Per Share and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Belo Sun Mining are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Cash Per Share i.e., Belo Sun's Cash Per Share and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash Per Share

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 indicators from Belo Sun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Belo Sun Mining 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 Belo Sun Mining. 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.

As of the 2nd of December 2024, Selling General Administrative is likely to drop to about 1.2 M. In addition to that, Enterprise Value Over EBITDA is likely to drop to -0.76

	2021	2022	2023	2024 (projected)
Net Interest Income	234.3K	719.5K	1.1M	765.7K
Interest Income	236.7K	719.5K	1.1M	713.6K

Net Interest Income Interest Income

Belo Sun fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Net Tangible Assets	Other Assets	Short Long Term Debt	Common Stock	Property Plant Equipment
Total Assets		0.29	0.74	0.83	1.0	0.54	0.08	-0.94	-0.33	0.01	0.94	0.51	0.57	0.94	0.17	0.59	-0.15	0.83	0.43	0.95	-0.34	0.89	0.31	-0.35	0.58	0.52
Short Long Term Debt Total	0.29		0.48	0.53	0.26	0.03	0.03	-0.31	0.43	0.06	0.3	0.07	0.31	0.3	0.1	-0.12	0.27	0.52	-0.15	0.31	0.17	0.11	0.26	0.26	-0.26	-0.2
Other Current Liab	0.74	0.48		0.92	0.7	0.24	0.01	-0.77	-0.12	0.07	0.77	0.18	0.44	0.77	0.03	0.33	-0.27	0.91	0.09	0.77	-0.45	0.54	0.1	-0.28	0.24	0.12
Total Current Liabilities	0.83	0.53	0.92		0.79	0.29	0.07	-0.86	-0.22	0.07	0.86	0.23	0.53	0.86	-0.02	0.41	-0.14	1.0	0.16	0.86	-0.46	0.7	0.11	-0.35	0.39	0.26
Total Stockholder Equity	1.0	0.26	0.7	0.79		0.56	0.09	-0.92	-0.34	0.0	0.92	0.54	0.56	0.92	0.19	0.6	-0.15	0.8	0.46	0.94	-0.32	0.89	0.33	-0.35	0.6	0.54
Property Plant And Equipment Net	0.54	0.03	0.24	0.29	0.56		-0.52	-0.23	-0.63	-0.71	0.23	0.94	0.57	0.23	0.42	0.78	-0.6	0.27	0.95	0.27	-0.46	0.69	0.42	-0.18	0.65	0.83
Current Deferred Revenue	0.08	0.03	0.01	0.07	0.09	-0.52		-0.26	0.25	0.88	0.26	-0.42	-0.15	0.26	-0.09	-0.18	0.8	0.04	-0.52	0.25	0.31	-0.19	-0.06	-0.37	-0.06	-0.21
Net Debt	-0.94	-0.31	-0.77	-0.86	-0.92	-0.23	-0.26		0.15	-0.26	-1.0	-0.2	-0.44	-1.0	0.02	-0.4	-0.02	-0.88	-0.14	-0.99	0.24	-0.76	-0.11	0.32	-0.42	-0.26
Retained Earnings	-0.33	0.43	-0.12	-0.22	-0.34	-0.63	0.25	0.15		0.51	-0.15	-0.57	-0.23	-0.15	-0.21	-0.86	0.54	-0.21	-0.72	-0.18	0.82	-0.62	-0.14	0.73	-0.91	-0.87
Accounts Payable	0.01	0.06	0.07	0.07	0.0	-0.71	0.88	-0.26	0.51		0.26	-0.63	-0.12	0.26	-0.24	-0.47	0.74	0.06	-0.73	0.23	0.44	-0.31	-0.14	-0.09	-0.35	-0.51
Cash	0.94	0.3	0.77	0.86	0.92	0.23	0.26	-1.0	-0.15	0.26		0.2	0.44	1.0	-0.02	0.39	0.02	0.88	0.14	0.99	-0.24	0.77	0.11	-0.32	0.42	0.26
Non Current Assets Total	0.51	0.07	0.18	0.23	0.54	0.94	-0.42	-0.2	-0.57	-0.63	0.2		0.61	0.2	0.29	0.71	-0.5	0.21	0.87	0.23	-0.42	0.64	0.66	-0.19	0.6	0.8
Non Currrent Assets Other	0.57	0.31	0.44	0.53	0.56	0.57	-0.15	-0.44	-0.23	-0.12	0.44	0.61		0.44	-0.1	0.46	-0.17	0.52	0.47	0.43	-0.3	0.56	0.45	-0.12	0.35	0.47
Cash And Short Term Investments	0.94	0.3	0.77	0.86	0.92	0.23	0.26	-1.0	-0.15	0.26	1.0	0.2	0.44		-0.02	0.39	0.02	0.88	0.14	0.99	-0.24	0.77	0.11	-0.32	0.42	0.26
Net Receivables	0.17	0.1	0.03	-0.02	0.19	0.42	-0.09	0.02	-0.21	-0.24	-0.02	0.29	-0.1	-0.02		0.27	-0.11	-0.03	0.38	0.08	0.07	0.19	0.08	-0.08	0.23	0.36
Common Stock Shares Outstanding	0.59	-0.12	0.33	0.41	0.6	0.78	-0.18	-0.4	-0.86	-0.47	0.39	0.71	0.46	0.39	0.27		-0.41	0.4	0.83	0.42	-0.72	0.76	0.28	-0.66	0.94	0.92
Other Stockholder Equity	-0.15	0.27	-0.27	-0.14	-0.15	-0.6	0.8	-0.02	0.54	0.74	0.02	-0.5	-0.17	0.02	-0.11	-0.41		-0.14	-0.62	0.01	0.62	-0.34	-0.11	0.01	-0.33	-0.39
Total Liab	0.83	0.52	0.91	1.0	0.8	0.27	0.04	-0.88	-0.21	0.06	0.88	0.21	0.52	0.88	-0.03	0.4	-0.14		0.15	0.87	-0.45	0.71	0.08	-0.32	0.38	0.25
Property Plant And Equipment Gross	0.43	-0.15	0.09	0.16	0.46	0.95	-0.52	-0.14	-0.72	-0.73	0.14	0.87	0.47	0.14	0.38	0.83	-0.62	0.15		0.18	-0.47	0.65	0.35	-0.21	0.74	0.89
Total Current Assets	0.95	0.31	0.77	0.86	0.94	0.27	0.25	-0.99	-0.18	0.23	0.99	0.23	0.43	0.99	0.08	0.42	0.01	0.87	0.18		-0.23	0.78	0.12	-0.33	0.45	0.3
Short Term Debt	-0.34	0.17	-0.45	-0.46	-0.32	-0.46	0.31	0.24	0.82	0.44	-0.24	-0.42	-0.3	-0.24	0.07	-0.72	0.62	-0.45	-0.47	-0.23		-0.53	-0.19	0.7	-0.7	-0.59
Net Tangible Assets	0.89	0.11	0.54	0.7	0.89	0.69	-0.19	-0.76	-0.62	-0.31	0.77	0.64	0.56	0.77	0.19	0.76	-0.34	0.71	0.65	0.78	-0.53		0.32	-0.42	0.79	0.75
Other Assets	0.31	0.26	0.1	0.11	0.33	0.42	-0.06	-0.11	-0.14	-0.14	0.11	0.66	0.45	0.11	0.08	0.28	-0.11	0.08	0.35	0.12	-0.19	0.32		-0.1	0.21	0.36
Short Long Term Debt	-0.35	0.26	-0.28	-0.35	-0.35	-0.18	-0.37	0.32	0.73	-0.09	-0.32	-0.19	-0.12	-0.32	-0.08	-0.66	0.01	-0.32	-0.21	-0.33	0.7	-0.42	-0.1		-0.75	-0.57
Common Stock	0.58	-0.26	0.24	0.39	0.6	0.65	-0.06	-0.42	-0.91	-0.35	0.42	0.6	0.35	0.42	0.23	0.94	-0.33	0.38	0.74	0.45	-0.7	0.79	0.21	-0.75		0.93
Property Plant Equipment	0.52	-0.2	0.12	0.26	0.54	0.83	-0.21	-0.26	-0.87	-0.51	0.26	0.8	0.47	0.26	0.36	0.92	-0.39	0.25	0.89	0.3	-0.59	0.75	0.36	-0.57	0.93

Click cells to compare fundamentals

Belo Sun Account Relationship Matchups

Belo Sun fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	59.1M	54.5M	48.4M	36.7M	26.8M	29.0M
Other Current Liab	4.1M	2.8M	904.7K	286.1K	276.3K	262.5K
Total Current Liabilities	4.4M	3.6M	1.8M	1.5M	1.7M	2.5M
Total Stockholder Equity	54.7M	50.8M	46.6M	35.2M	25.1M	26.4M
Property Plant And Equipment Net	18.8M	18.4M	18.2M	16.2M	10.6M	9.7M
Net Debt	(28.9M)	(30.0M)	(23.9M)	(17.6M)	(15.1M)	(15.9M)
Retained Earnings	(210.3M)	(215.8M)	(219.4M)	(232.7M)	(243.4M)	(231.2M)
Accounts Payable	271.6K	116.9K	230.5K	303.1K	415.6K	552.1K
Cash	29.0M	30.0M	24.0M	17.6M	15.1M	17.1M
Non Current Assets Total	20.9M	24.3M	20.2M	18.4M	11.2M	11.1M
Non Currrent Assets Other	1.6M	5.5M	1.5M	1.6M	(1.0)	(0.95)
Cash And Short Term Investments	29.0M	30.0M	24.0M	17.6M	15.1M	17.2M
Net Receivables	9.2M	149.4K	4.2M	643.7K	400.6K	380.5K
Common Stock Shares Outstanding	454.0M	444.1M	450.9M	455.1M	455.1M	231.5M
Liabilities And Stockholders Equity	59.1M	54.5M	48.4M	36.7M	26.8M	29.0M
Other Stockholder Equity	3.5M	3.1M	60.4K	37.6K	71.7K	68.1K
Total Liab	4.4M	3.6M	1.9M	1.5M	1.7M	2.6M
Property Plant And Equipment Gross	18.8M	18.4M	19.8M	18.8M	18.0M	10.2M
Total Current Assets	38.2M	30.2M	28.2M	18.4M	15.6M	18.0M
Accumulated Other Comprehensive Income	1.1M	686.4K	627.3K	1.7M	5.6M	5.9M
Short Term Debt	20.1K	15.2K	15.2K	8.9K	8.0K	7.6K
Net Tangible Assets	54.7M	50.8M	46.6M	35.2M	40.5M	41.5M
Property Plant Equipment	18.8M	18.4M	18.2M	16.2M	18.6M	13.3M
Non Current Liabilities Total	1.1M	0.0	51.6K	24.9K	7.9K	312.0K
Other Current Assets	40.8K	196.5K	69.3K	79.5K	484.2K	508.5K
Capital Surpluse	(114.7K)	(48.2K)	60.4K	37.7K	43.3K	45.5K
Long Term Investments	571.2K	451.9K	434.3K	540.1K	635.7K	448.8K
Cash And Equivalents	238.1K	2.0M	1.4M	1.7M	1.9M	955.4K
Net Invested Capital	54.7M	50.8M	46.6M	35.2M	25.1M	39.9M
Net Working Capital	33.8M	26.6M	26.4M	16.9M	13.9M	23.5M

Pair Trading with Belo Sun

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 Belo Sun 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 Belo Sun will appreciate offsetting losses from the drop in the long position's value.

Moving together with Belo Stock

0.71	AG	First Majestic Silver	Pair Corr
0.82	IE	Ivanhoe Energy	Pair Corr
0.75	FDY	Faraday Copper Corp	Pair Corr

The ability to find closely correlated positions to Belo Sun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Belo Sun 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 Belo Sun - 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 Belo Sun Mining to buy it.

The correlation of Belo Sun 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 Belo Sun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Belo Sun Mining 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 Belo Sun 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.

Pair Correlation Correlation Matching

Other Information on Investing in Belo Stock

Balance Sheet is a snapshot of the financial position of Belo Sun Mining at a specified time, usually calculated after every quarter, six months, or one year. Belo Sun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Belo Sun and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Belo currently owns. An asset can also be divided into two categories, current and non-current.

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Belo Cash Per Share vs Book Value Per Share Analysis

Cash Per Share vs Book Value Per Share

Cash Per Share vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Cash Per Share

Book Value Per Share

Belo Sun fundamental ratios Correlations

Belo Sun Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Belo Sun fundamental ratios Accounts

Pair Trading with Belo Sun

Moving together with Belo Stock

Other Information on Investing in Belo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Current Assets	+ 0.95	Total Assets

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.99	Net Debt
Net Debt	- 0.94	Total Assets
Net Debt	- 0.92	Total Stockholder Equity
Common Stock	- 0.91	Retained Earnings