Eldorado Free Cash Flow Per Share vs Capex To Revenue Analysis

EGO Stock

USD 15.19 0.22 1.47%

Eldorado Gold financial indicator trend analysis is much more than just examining Eldorado Gold Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eldorado Gold Corp is a good investment. Please check the relationship between Eldorado Gold Free Cash Flow Per Share and its Capex To Revenue accounts. 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.

Free Cash Flow Per Share vs Capex To Revenue

Free Cash Flow Per Share vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eldorado Gold Corp Free Cash Flow Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have pay attention.

The correlation between Eldorado Gold's Free Cash Flow Per Share and Capex To Revenue is -0.91. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Eldorado Gold Corp, assuming nothing else is changed. The correlation between historical values of Eldorado Gold's Free Cash Flow Per Share and Capex To Revenue 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 Per Share of Eldorado Gold Corp are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Free Cash Flow Per Share i.e., Eldorado Gold's Free Cash Flow Per Share and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.91

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most indicators from Eldorado Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is very stable compared to the past year. As of the 20th of December 2024, Issuance Of Capital Stock is likely to grow to about 175.5 M, while Selling General Administrative is likely to drop about 48.9 M.

Eldorado Gold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	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	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Other Stockholder Equity	Short Term Debt	Other Current Liab	Other Assets	Other Liab	Long Term Debt	Short Term Investments
Total Assets		0.62	0.47	1.0	0.99	-0.06	0.2	0.84	0.61	1.0	0.02	0.7	0.45	0.63	0.93	0.71	0.22	0.95	0.7	-0.2	0.06	0.54	0.41	-0.06	0.79	0.14
Short Long Term Debt Total	0.62		0.44	0.57	0.66	0.36	-0.49	0.54	0.55	0.61	0.31	0.47	0.78	0.67	0.78	0.71	-0.06	0.77	0.67	0.02	0.17	0.41	-0.21	0.58	0.6	0.16
Total Current Liabilities	0.47	0.44		0.49	0.46	0.13	-0.14	0.75	0.28	0.47	0.57	0.18	0.58	0.55	0.33	0.85	0.61	0.44	0.51	0.1	-0.29	0.65	0.23	0.22	0.47	0.06
Total Stockholder Equity	1.0	0.57	0.49		0.97	-0.13	0.25	0.84	0.63	0.99	0.01	0.71	0.43	0.61	0.89	0.71	0.24	0.92	0.71	-0.18	0.03	0.53	0.45	-0.11	0.78	0.12
Property Plant And Equipment Net	0.99	0.66	0.46	0.97		0.07	0.12	0.82	0.52	0.99	-0.01	0.62	0.44	0.66	0.95	0.69	0.18	0.97	0.62	-0.19	0.1	0.51	0.43	0.02	0.77	0.16
Net Debt	-0.06	0.36	0.13	-0.13	0.07		-0.59	0.04	-0.58	0.01	0.03	-0.59	0.31	0.29	0.17	0.11	-0.04	0.17	-0.4	0.03	-0.07	0.05	-0.1	0.55	-0.07	0.04
Retained Earnings	0.2	-0.49	-0.14	0.25	0.12	-0.59		0.11	0.09	0.21	-0.3	0.14	-0.3	-0.54	-0.05	-0.11	-0.05	-0.05	0.01	-0.64	-0.17	-0.05	0.36	-0.92	-0.09	-0.2
Accounts Payable	0.84	0.54	0.75	0.84	0.82	0.04	0.11		0.44	0.84	0.36	0.49	0.48	0.63	0.75	0.84	0.5	0.82	0.62	-0.2	-0.01	0.71	0.28	0.04	0.71	0.11
Cash	0.61	0.55	0.28	0.63	0.52	-0.58	0.09	0.44		0.54	0.24	0.94	0.41	0.34	0.54	0.53	-0.01	0.53	0.96	0.0	0.21	0.32	-0.08	0.03	0.6	0.11
Non Current Assets Total	1.0	0.61	0.47	0.99	0.99	0.01	0.21	0.84	0.54		-0.01	0.63	0.44	0.61	0.93	0.7	0.21	0.95	0.64	-0.24	0.04	0.53	0.44	-0.07	0.76	0.12
Non Currrent Assets Other	0.02	0.31	0.57	0.01	-0.01	0.03	-0.3	0.36	0.24	-0.01		0.12	0.42	0.21	0.01	0.44	0.35	0.07	0.37	0.12	0.2	0.44	-0.39	0.4	0.35	0.18
Cash And Short Term Investments	0.7	0.47	0.18	0.71	0.62	-0.59	0.14	0.49	0.94	0.63	0.12		0.25	0.44	0.64	0.42	0.04	0.63	0.87	0.03	0.28	0.36	0.05	-0.04	0.66	0.25
Net Receivables	0.45	0.78	0.58	0.43	0.44	0.31	-0.3	0.48	0.41	0.44	0.42	0.25		0.45	0.5	0.75	0.08	0.51	0.59	-0.01	-0.16	0.39	-0.29	0.35	0.43	-0.11
Common Stock Shares Outstanding	0.63	0.67	0.55	0.61	0.66	0.29	-0.54	0.63	0.34	0.61	0.21	0.44	0.45		0.7	0.62	0.46	0.75	0.49	0.5	0.06	0.58	0.23	0.55	0.74	0.26
Non Current Liabilities Total	0.93	0.78	0.33	0.89	0.95	0.17	-0.05	0.75	0.54	0.93	0.01	0.64	0.5	0.7		0.64	0.08	0.99	0.63	-0.17	0.2	0.51	0.21	0.18	0.77	0.19
Inventory	0.71	0.71	0.85	0.71	0.69	0.11	-0.11	0.84	0.53	0.7	0.44	0.42	0.75	0.62	0.64		0.48	0.7	0.75	-0.03	-0.19	0.65	0.15	0.2	0.66	0.03
Other Current Assets	0.22	-0.06	0.61	0.24	0.18	-0.04	-0.05	0.5	-0.01	0.21	0.35	0.04	0.08	0.46	0.08	0.48		0.18	0.18	0.31	-0.27	0.62	0.41	0.01	0.37	0.17
Total Liab	0.95	0.77	0.44	0.92	0.97	0.17	-0.05	0.82	0.53	0.95	0.07	0.63	0.51	0.75	0.99	0.7	0.18		0.64	-0.13	0.14	0.58	0.26	0.18	0.8	0.2
Total Current Assets	0.7	0.67	0.51	0.71	0.62	-0.4	0.01	0.62	0.96	0.64	0.37	0.87	0.59	0.49	0.63	0.75	0.18	0.64		0.02	0.11	0.48	-0.03	0.11	0.69	0.13
Other Stockholder Equity	-0.2	0.02	0.1	-0.18	-0.19	0.03	-0.64	-0.2	0.0	-0.24	0.12	0.03	-0.01	0.5	-0.17	-0.03	0.31	-0.13	0.02		0.07	-0.03	0.11	0.51	0.22	0.07
Short Term Debt	0.06	0.17	-0.29	0.03	0.1	-0.07	-0.17	-0.01	0.21	0.04	0.2	0.28	-0.16	0.06	0.2	-0.19	-0.27	0.14	0.11	0.07		-0.14	-0.11	0.43	0.29	0.21
Other Current Liab	0.54	0.41	0.65	0.53	0.51	0.05	-0.05	0.71	0.32	0.53	0.44	0.36	0.39	0.58	0.51	0.65	0.62	0.58	0.48	-0.03	-0.14		0.18	0.16	0.64	0.13
Other Assets	0.41	-0.21	0.23	0.45	0.43	-0.1	0.36	0.28	-0.08	0.44	-0.39	0.05	-0.29	0.23	0.21	0.15	0.41	0.26	-0.03	0.11	-0.11	0.18		-0.31	0.33	-0.01
Other Liab	-0.06	0.58	0.22	-0.11	0.02	0.55	-0.92	0.04	0.03	-0.07	0.4	-0.04	0.35	0.55	0.18	0.2	0.01	0.18	0.11	0.51	0.43	0.16	-0.31		0.25	0.13
Long Term Debt	0.79	0.6	0.47	0.78	0.77	-0.07	-0.09	0.71	0.6	0.76	0.35	0.66	0.43	0.74	0.77	0.66	0.37	0.8	0.69	0.22	0.29	0.64	0.33	0.25		0.05
Short Term Investments	0.14	0.16	0.06	0.12	0.16	0.04	-0.2	0.11	0.11	0.12	0.18	0.25	-0.11	0.26	0.19	0.03	0.17	0.2	0.13	0.07	0.21	0.13	-0.01	0.13	0.05

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Eldorado Gold Account Relationship Matchups

Eldorado Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.6B	4.9B	4.9B	4.5B	5.0B	3.0B
Short Long Term Debt Total	504.8M	527.1M	511.9M	511.4M	658.8M	691.7M
Total Current Liabilities	221.7M	262.0M	206.7M	210.9M	274.2M	287.9M
Total Stockholder Equity	3.4B	3.6B	3.6B	3.2B	3.5B	2.2B
Property Plant And Equipment Net	4.1B	4.0B	4.0B	3.6B	3.8B	2.4B
Net Debt	327.0M	75.1M	30.6M	231.6M	118.3M	124.2M
Retained Earnings	(2.2B)	(2.1B)	(2.2B)	(2.6B)	(2.5B)	(2.4B)
Accounts Payable	67.1M	65.1M	71.0M	74.9M	93.3M	55.1M
Cash	177.7M	452.0M	481.3M	279.7M	540.5M	567.5M
Non Current Assets Total	4.2B	4.1B	4.2B	3.8B	4.1B	2.5B
Non Currrent Assets Other	32.3M	41.7M	4.2M	60.5M	88.4M	92.9M
Cash And Short Term Investments	184.8M	511.2M	481.5M	314.9M	544.4M	278.9M
Net Receivables	63.5M	53.7M	23.0M	67.0M	99.9M	104.9M
Common Stock Shares Outstanding	161.5M	175.2M	180.3M	183.4M	195.3M	98.9M
Liabilities And Stockholders Equity	4.6B	4.9B	4.9B	4.5B	5.0B	3.0B
Non Current Liabilities Total	953.4M	980.5M	1.1B	1.0B	1.2B	611.9M
Inventory	163.2M	176.3M	178.2M	198.9M	235.9M	247.7M
Other Current Assets	24.3M	43.1M	45.6M	85.0M	50.1M	28.2M
Total Liab	1.2B	1.2B	1.3B	1.3B	1.5B	740.8M
Total Current Assets	435.9M	766.2M	728.2M	632.5M	930.4M	976.9M
Accumulated Other Comprehensive Income	(29.0M)	(30.3M)	(20.9M)	(42.3M)	(4.8M)	(5.0M)
Other Stockholder Equity	2.6B	2.6B	2.6B	2.6B	2.6B	1.4B
Short Term Debt	76.6M	78.0M	7.2M	4.8M	5.0M	4.8M
Other Current Liab	4.3M	108.0M	109.2M	127.1M	152.0M	76.9M
Other Assets	32.3M	41.7M	46.8M	19.6M	(4.8M)	(4.5M)
Other Liab	525.2M	531.4M	579.5M	539.5M	620.5M	651.5M
Long Term Debt	413.1M	434.5M	489.8M	494.4M	641.7M	381.8M
Short Term Investments	7.1M	59.2M	163K	35.1M	4.0M	3.8M
Property Plant And Equipment Gross	4.1B	4.0B	7.2B	7.0B	7.4B	7.8B
Common Stock	3.1B	3.1B	3.2B	3.2B	3.4B	2.7B
Property Plant Equipment	4.1B	4.0B	4.0B	3.6B	4.1B	2.9B
Treasury Stock	(10.1M)	(8.7M)	(11.5M)	(10.3M)	(9.3M)	(9.7M)
Net Tangible Assets	3.3B	3.5B	3.5B	3.1B	2.8B	2.9B
Deferred Long Term Liab	2.9M	2.2M	2.0M	1.5M	1.3M	1.3M
Long Term Debt Total	428.2M	449.1M	504.7M	506.6M	455.9M	426.6M

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

0.73	BAK	Braskem SA Class	Pair Corr
0.78	DOW	Dow Inc Fiscal Year End 23rd of January 2025	Pair Corr

Moving against Eldorado Stock

0.67	CENX	Century Aluminum	Pair Corr
0.39	CF	CF Industries Holdings	Pair Corr
0.35	ZEUS	Olympic Steel	Pair Corr
0.34	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Eldorado Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eldorado Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eldorado Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eldorado Gold Corp Stock:

How To Invest In Eldorado

Details

Is Eldorado Stock a good investment?

Details

What is Eldorado Gold's Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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.

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Eldorado Free Cash Flow Per Share vs Capex To Revenue Analysis

Free Cash Flow Per Share vs Capex To Revenue

Free Cash Flow Per Share vs Capex To Revenue Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Capex To Revenue

Eldorado Gold fundamental ratios Correlations

Eldorado Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eldorado Gold fundamental ratios Accounts

Pair Trading with Eldorado Gold

Moving together with Eldorado Stock

Moving against Eldorado Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total

Other Liab	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.64	Retained Earnings
Cash And Short Term Investments	- 0.59	Net Debt
Retained Earnings	- 0.59	Net Debt
Cash	- 0.58	Net Debt
Common Stock Shares Outstanding	- 0.54	Retained Earnings