Ero Historical Financial Ratios

ERO Stock  CAD 19.04  0.32  1.71%   
Ero Copper is recently reporting on over 98 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 1.77 or Days Sales Outstanding of 4.63 will help investors to properly organize and evaluate Ero Copper Corp financial condition quickly.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ero 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.

About Ero Financial Ratios Analysis

Ero Copper CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Ero Copper 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 Ero financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Ero Copper history.

Ero Copper Financial Ratios Chart

At this time, Ero Copper's Capex To Revenue is very stable compared to the past year. As of the 22nd of December 2024, Interest Coverage is likely to grow to 9.86, while PTB Ratio is likely to drop 1.77.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity
Most ratios from Ero Copper's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Ero Copper 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 Ero 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, Ero Copper's Capex To Revenue is very stable compared to the past year. As of the 22nd of December 2024, Interest Coverage is likely to grow to 9.86, while PTB Ratio is likely to drop 1.77.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding22.888.814.884.63
PTB Ratio3.442.321.861.77

Ero Copper fundamentals Correlations

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0.18-0.510.550.610.490.74-0.51-0.090.180.77-0.870.950.81-0.320.070.490.660.920.40.40.31-0.10.880.680.33
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0.5-0.040.650.340.60.770.45-0.040.260.35-0.770.780.76-0.08-0.110.280.30.81-0.040.710.10.310.740.30.54
-0.390.44-0.64-0.68-0.26-0.87-0.820.44-0.190.07-0.77-0.79-0.970.35-0.23-0.49-0.68-0.7-0.46-0.5-0.410.01-0.78-0.69-0.44
0.21-0.550.380.640.40.950.72-0.55-0.030.130.78-0.790.71-0.410.120.590.620.880.410.460.360.120.90.630.52
0.37-0.340.750.560.320.810.7-0.340.170.020.76-0.970.71-0.20.120.420.60.670.350.480.280.060.710.60.46
0.040.810.42-0.90.61-0.32-0.770.810.040.79-0.080.35-0.41-0.2-0.92-0.52-0.3-0.15-0.710.13-0.98-0.1-0.23-0.37-0.32
0.0-0.71-0.440.82-0.80.070.65-0.710.07-0.92-0.11-0.230.120.12-0.920.30.19-0.10.7-0.220.960.130.00.270.28
-0.19-0.670.070.58-0.120.490.64-0.67-0.27-0.270.28-0.490.590.42-0.520.30.410.320.48-0.040.430.130.420.430.39
0.4-0.560.310.60.070.660.74-0.560.28-0.20.3-0.680.620.6-0.30.190.410.370.790.440.33-0.270.820.990.31
0.06-0.330.590.40.650.920.51-0.33-0.230.420.81-0.70.880.67-0.15-0.10.320.370.10.330.130.040.750.390.31
0.14-0.86-0.130.83-0.490.40.82-0.860.12-0.69-0.04-0.460.410.35-0.710.70.480.790.10.030.75-0.140.480.830.33
0.920.240.420.110.420.40.210.240.80.250.71-0.50.460.480.13-0.22-0.040.440.330.03-0.090.30.690.40.56
0.06-0.78-0.330.93-0.640.310.8-0.780.06-0.830.1-0.410.360.28-0.980.960.430.330.130.75-0.090.10.230.410.34
0.250.01-0.010.07-0.11-0.1-0.080.010.28-0.040.310.010.120.06-0.10.130.13-0.270.04-0.140.30.10.01-0.280.82
0.5-0.410.480.550.450.880.69-0.410.270.160.74-0.780.90.71-0.230.00.420.820.750.480.690.230.010.820.51
0.38-0.620.290.660.030.680.79-0.620.25-0.250.3-0.690.630.6-0.370.270.430.990.390.830.40.41-0.280.820.31
0.49-0.340.20.48-0.070.330.41-0.340.43-0.170.54-0.440.520.46-0.320.280.390.310.310.330.560.340.820.510.31
Click cells to compare fundamentals

Ero Copper Account Relationship Matchups

Ero Copper fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio5.84.562.762.933.53.97
Ptb Ratio8.346.953.442.321.861.77
Days Sales Outstanding9.8438.6422.888.814.884.63
Book Value Per Share2.192.324.465.978.558.97
Free Cash Flow Yield0.0130.03050.14(0.12)(0.2)(0.19)
Operating Cash Flow Per Share1.411.774.111.581.721.17
Stock Based Compensation To Revenue0.02030.0280.0160.01860.02160.0144
Capex To Depreciation2.32.993.855.025.555.83
Pb Ratio8.346.953.442.321.861.77
Ev To Sales6.34.892.633.524.284.5
Free Cash Flow Per Share0.240.492.06(1.68)(3.14)(2.98)
Roic0.320.350.50.110.06310.08
Inventory Turnover8.665.336.577.736.48.98
Net Income Per Share1.010.562.271.120.980.62
Days Of Inventory On Hand42.1568.4655.5247.2356.9938.4
Capex To Revenue0.430.370.360.691.081.13
Cash Per Share0.240.681.473.51.180.86
Pocfratio12.939.073.718.719.175.46
Interest Coverage8.0515.1847.236.07.249.86
Capex To Operating Cash Flow0.830.720.52.062.822.97
Pfcf Ratio76.6632.817.4(8.19)(5.03)(4.78)
Days Payables Outstanding47.4538.8854.2173.04100.99106.03
Income Quality1.383.11.81.391.731.82
Roe0.460.240.510.190.120.15
Ev To Operating Cash Flow14.049.733.5310.4611.2211.78
Pe Ratio17.9928.626.7212.2616.1216.92
Return On Tangible Assets0.20.10.290.08570.06140.0776
Ev To Free Cash Flow83.2335.197.05(9.84)(6.15)(5.84)
Earnings Yield0.05560.03490.150.08160.0620.0414
Net Debt To E B I T D A1.010.55(0.2)1.351.611.69
Current Ratio0.941.391.73.041.151.11
Tangible Book Value Per Share2.192.324.465.978.558.97
Receivables Turnover37.099.4515.9641.4474.8778.61
Graham Number7.045.3915.0512.2413.6814.37
Debt To Equity0.810.790.150.780.530.5
Capex Per Share1.171.282.053.264.865.11
Graham Net Net(2.49)(1.97)(1.45)(3.36)(5.97)(5.67)
Revenue Per Share3.133.525.534.74.513.0

Pair Trading with Ero Copper

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 Ero Copper 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 Ero Copper will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ero Stock

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The ability to find closely correlated positions to Ero Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ero Copper 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 Ero Copper - 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 Ero Copper Corp to buy it.
The correlation of Ero Copper 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 Ero Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ero Copper 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 Ero Copper 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 CorrelationCorrelation Matching
When determining whether Ero Copper Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ero Copper'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 Ero Copper Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ero Copper Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ero 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.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Please note, there is a significant difference between Ero Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ero Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ero Copper'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.