Commerce Free Cash Flow Yield vs Book Value Per Share Analysis
CCE Stock | CAD 0.08 0.00 0.00% |
Commerce Resources financial indicator trend analysis is way more than just evaluating Commerce Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Commerce Resources Corp is a good investment. Please check the relationship between Commerce Resources Free Cash Flow Yield and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commerce Resources 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.
Free Cash Flow Yield vs Book Value Per Share
Free Cash Flow Yield vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commerce Resources Corp Free Cash Flow Yield account and Book Value Per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between Commerce Resources' Free Cash Flow Yield and Book Value Per Share is 0.32. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Commerce Resources Corp, assuming nothing else is changed. The correlation between historical values of Commerce Resources' Free Cash Flow Yield 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 Free Cash Flow Yield of Commerce Resources Corp 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 Free Cash Flow Yield i.e., Commerce Resources' Free Cash Flow Yield and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.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 Commerce Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Commerce Resources 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 Commerce Resources 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. Selling General Administrative is likely to climb to about 1.3 M in 2024, despite the fact that Tax Provision is likely to grow to (389.5 K).
Commerce Resources fundamental ratios Correlations
Click cells to compare fundamentals
Commerce Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Commerce Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 63.8M | 71.2M | 73.2M | 77.3M | 88.9M | 47.7M | |
Other Current Liab | 106.0K | 64.8K | 27.9K | 425.0K | 488.8K | 456.9K | |
Total Current Liabilities | 1.1M | 982.5K | 1.5M | 476.4K | 547.9K | 520.5K | |
Total Stockholder Equity | 62.7M | 70.2M | 71.6M | 76.7M | 88.2M | 46.5M | |
Property Plant And Equipment Net | 62.4M | 66.4M | 71.3M | 380.4K | 437.5K | 415.6K | |
Net Debt | (1.1M) | (3.3M) | (364.8K) | (3.8M) | (4.4M) | (4.6M) | |
Retained Earnings | (35.0M) | (35.5M) | (36.2M) | (37.9M) | (34.1M) | (32.4M) | |
Accounts Payable | 995.9K | 917.7K | 1.3M | 368.6K | 423.9K | 776.0K | |
Cash | 1.1M | 3.3M | 513.8K | 4.0M | 3.6M | 3.0M | |
Non Current Assets Total | 62.4M | 66.5M | 71.4M | 72.8M | 83.8M | 87.9M | |
Cash And Short Term Investments | 1.1M | 3.3M | 545.8K | 4.0M | 3.6M | 3.3M | |
Net Receivables | 36.2K | 307.1K | 567.3K | 35.5K | 32.0K | 30.4K | |
Common Stock Shares Outstanding | 45.2M | 75.0M | 90.4M | 98.9M | 113.8M | 119.5M | |
Liabilities And Stockholders Equity | 63.8M | 71.2M | 73.2M | 77.3M | 88.9M | 47.7M | |
Other Stockholder Equity | 9.6M | 231.4K | 10.1M | 89.5K | 80.5K | 76.5K | |
Total Liab | 1.1M | 982.5K | 1.6M | 571.0K | 656.7K | 1.3M | |
Total Current Assets | 1.4M | 4.7M | 1.8M | 4.5M | 4.0M | 4.3M | |
Short Term Investments | 40.3K | 52.9K | 32.0K | 28.6K | 32.9K | 31.3K | |
Non Current Liabilities Total | 995.9K | 0.0 | 121.8K | 94.6K | 85.1K | 80.9K | |
Accumulated Other Comprehensive Income | 9.6M | 10.1M | 10.4M | 11.0M | 12.7M | 13.3M | |
Other Current Assets | 272.6K | 1.1M | 708.2K | 432.3K | 497.2K | 310.4K | |
Net Tangible Assets | 61.9M | 62.7M | 70.2M | 71.6M | 82.3M | 67.1M | |
Common Stock | 87.9M | 95.6M | 97.3M | 103.6M | 119.1M | 94.3M | |
Property Plant Equipment | 61.8M | 62.4M | 66.4M | 71.3M | 82.0M | 66.3M | |
Net Invested Capital | 62.7M | 70.2M | 71.6M | 76.7M | 88.2M | 72.9M | |
Net Working Capital | 300.0K | 3.7M | 346.3K | 4.0M | 4.6M | 4.8M | |
Capital Stock | 87.9M | 95.6M | 97.3M | 103.6M | 119.1M | 101.7M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Commerce Stock Analysis
When running Commerce Resources' price analysis, check to measure Commerce Resources' 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 Commerce Resources is operating at the current time. Most of Commerce Resources' value examination focuses on studying past and present price action to predict the probability of Commerce Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Resources' price. Additionally, you may evaluate how the addition of Commerce Resources to your portfolios can decrease your overall portfolio volatility.