Eldorado Historical Financial Ratios
EGO Stock | USD 14.97 0.12 0.80% |
Eldorado Gold is recently reporting on over 101 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 PTB Ratio of 0.68 or Days Sales Outstanding of 42.01 will help investors to properly organize and evaluate Eldorado Gold Corp financial condition quickly.
Eldorado |
About Eldorado Financial Ratios Analysis
Eldorado Gold CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Eldorado Gold 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 Eldorado financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Eldorado Gold history.
Eldorado Gold Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Eldorado Gold Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Eldorado Gold sales, a figure that is much harder to manipulate than other Eldorado Gold Corp 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.Dividend Yield
Dividend Yield is Eldorado Gold Corp dividend as a percentage of Eldorado Gold stock price. Eldorado Gold Corp dividend yield is a measure of Eldorado Gold stock productivity, which can be interpreted as interest rate earned on an Eldorado Gold investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Stock Based Compensation To Revenue
A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.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 ratios from Eldorado Gold's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Eldorado Gold Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eldorado Gold 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 price. At this time, Eldorado Gold's Capex To Revenue is very stable compared to the past year. As of the 30th of December 2024, POCF Ratio is likely to grow to 6.91, while Price To Sales Ratio is likely to drop 2.38.
2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 9.16 | 9.34 | 7.93 | 4.18 | Days Of Inventory On Hand | 99.94 | 103.73 | 116.35 | 101.62 |
Eldorado Gold fundamentals Correlations
Click cells to compare fundamentals
Eldorado Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eldorado Gold fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 2.07 | 2.21 | 1.79 | 1.76 | 2.5 | 2.38 | |
Ptb Ratio | 0.37 | 0.63 | 0.47 | 0.48 | 0.72 | 0.68 | |
Days Sales Outstanding | 20.8 | 19.08 | 8.91 | 28.08 | 36.17 | 42.01 | |
Book Value Per Share | 21.87 | 21.38 | 20.19 | 17.45 | 18.06 | 14.11 | |
Free Cash Flow Yield | (0.0424) | 0.0966 | 0.0331 | (0.0711) | (0.0116) | (0.0122) | |
Stock Based Compensation To Revenue | 0.0169 | 0.0104 | 0.008421 | 0.0123 | 0.0101 | 0.0193 | |
Capex To Depreciation | 1.42 | 0.83 | 1.51 | 1.32 | 1.56 | 1.48 | |
Pb Ratio | 0.37 | 0.63 | 0.47 | 0.48 | 0.72 | 0.68 | |
Ev To Sales | 2.6 | 2.28 | 1.82 | 2.03 | 2.62 | 2.49 | |
Free Cash Flow Per Share | (0.34) | 1.28 | 0.31 | (0.59) | (0.15) | (0.16) | |
Roic | 0.009812 | 0.0306 | 0.003852 | (0.0797) | 0.0283 | 0.0298 | |
Inventory Turnover | 2.99 | 3.92 | 3.65 | 3.52 | 3.14 | 4.1 | |
Net Income Per Share | 0.51 | 0.73 | 0.0615 | (0.27) | 0.54 | 0.56 | |
Days Of Inventory On Hand | 122.1 | 93.0 | 99.94 | 103.73 | 116.35 | 101.62 | |
Payables Turnover | 7.27 | 10.63 | 9.16 | 9.34 | 7.93 | 4.18 | |
Sales General And Administrative To Revenue | 0.0687 | 0.041 | 0.0497 | 0.0617 | 0.0538 | 0.0511 | |
Capex To Revenue | 0.83 | 0.68 | 0.36 | 0.2 | 0.32 | 0.41 | |
Cash Per Share | 1.16 | 2.99 | 2.67 | 1.72 | 2.8 | 1.82 | |
Pocfratio | 7.69 | 5.33 | 4.65 | 7.27 | 6.58 | 6.91 | |
Interest Coverage | 1.36 | 4.72 | 3.14 | 2.01 | 5.97 | 11.3 | |
Capex To Operating Cash Flow | 1.33 | 0.48 | 0.85 | 1.52 | 1.08 | 1.02 | |
Pfcf Ratio | (23.57) | 10.35 | 30.19 | (14.07) | (85.95) | (81.66) | |
Days Payables Outstanding | 50.2 | 34.32 | 39.83 | 39.07 | 46.03 | 43.73 | |
Income Quality | 2.25 | 4.37 | 32.66 | (4.27) | 3.66 | 3.85 | |
Roe | 0.0236 | 0.0345 | 0.003108 | (0.0154) | 0.0297 | 0.0312 | |
Ev To Operating Cash Flow | 9.66 | 5.51 | 4.74 | 8.37 | 6.89 | 7.23 | |
Pe Ratio | 15.83 | 18.19 | 151.93 | (31.06) | 24.1 | 33.51 | |
Return On Tangible Assets | 0.0177 | 0.026 | 0.002293 | (0.0113) | 0.0214 | 0.0224 | |
Ev To Free Cash Flow | (29.61) | 10.7 | 30.74 | (16.2) | (89.99) | (85.49) | |
Earnings Yield | 0.0632 | 0.055 | 0.006582 | (0.0322) | 0.0415 | 0.0436 | |
Intangibles To Total Assets | 0.0199 | 0.0189 | 0.0188 | 0.0208 | 0.0186 | 0.0176 | |
Net Debt To E B I T D A | (0.94) | 1.04 | 0.15 | 0.0719 | 0.83 | 0.26 | |
Current Ratio | 1.97 | 2.92 | 3.52 | 3.0 | 3.39 | 3.58 | |
Tangible Book Value Per Share | 21.28 | 20.84 | 19.67 | 16.94 | 17.58 | 13.35 | |
Receivables Turnover | 17.54 | 19.13 | 40.98 | 13.0 | 10.09 | 12.17 |
Pair Trading with Eldorado Gold
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 Eldorado Gold 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 Eldorado Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Eldorado Stock
Moving against Eldorado Stock
The ability to find closely correlated positions to Eldorado Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eldorado Gold 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 Eldorado Gold - 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 Eldorado Gold Corp to buy it.
The correlation of Eldorado Gold 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 Eldorado Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eldorado Gold Corp 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 Eldorado Gold 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eldorado Gold 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 price. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eldorado Gold. If investors know Eldorado will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eldorado Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 55.667 | Earnings Share 1.41 | Revenue Per Share 5.868 | Quarterly Revenue Growth 0.355 | Return On Assets 0.0386 |
The market value of Eldorado Gold Corp is measured differently than its book value, which is the value of Eldorado that is recorded on the company's balance sheet. Investors also form their own opinion of Eldorado Gold's value that differs from its market value or its book value, called intrinsic value, which is Eldorado Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eldorado Gold's market value can be influenced by many factors that don't directly affect Eldorado Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eldorado Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eldorado Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eldorado Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.