Grande Book Value Per Share vs Roic Analysis
GPG Stock | CAD 0.21 0.01 5.00% |
Grande Portage financial indicator trend analysis is much more than just examining Grande Portage Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grande Portage Resources is a good investment. Please check the relationship between Grande Portage Book Value Per Share and its Roic accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grande Portage Resources. 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.
Book Value Per Share vs Roic
Book Value Per Share vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grande Portage Resources Book Value Per Share account and Roic. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Grande Portage's Book Value Per Share and Roic is -0.29. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Roic in the same time period over historical financial statements of Grande Portage Resources, assuming nothing else is changed. The correlation between historical values of Grande Portage's Book Value Per Share and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Grande Portage Resources are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Book Value Per Share i.e., Grande Portage's Book Value Per Share and Roic go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most indicators from Grande Portage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grande Portage Resources 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grande Portage Resources. 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, Grande Portage's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1.8 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (24.77) in 2024.
Grande Portage fundamental ratios Correlations
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Grande Portage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grande Portage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.4M | 17.9M | 19.6M | 20.9M | 24.0M | 25.2M | |
Total Current Liabilities | 450.3K | 433.8K | 276.1K | 962.4K | 1.1M | 1.2M | |
Total Stockholder Equity | 12.0M | 17.4M | 19.3M | 19.8M | 22.7M | 23.9M | |
Property Plant And Equipment Net | 10.8M | 14.3M | 17.1M | 20.3M | 23.4M | 24.5M | |
Net Debt | (1.5M) | (3.4M) | (318.0K) | (213.1K) | (191.8K) | (201.3K) | |
Retained Earnings | (19.7M) | (20.9M) | (22.2M) | (23.3M) | (20.9M) | (19.9M) | |
Accounts Payable | 450.3K | 433.8K | 276.1K | 919.2K | 1.1M | 1.1M | |
Cash | 1.5M | 3.4M | 318.0K | 344.2K | 395.8K | 376.0K | |
Non Current Assets Total | 10.9M | 14.4M | 17.2M | 20.5M | 23.5M | 24.7M | |
Cash And Short Term Investments | 1.5M | 3.4M | 2.3M | 344.2K | 395.8K | 376.0K | |
Net Receivables | 15.1K | 9.8K | 6.3K | 5.9K | 5.3K | 5.1K | |
Common Stock Shares Outstanding | 67.4M | 87.6M | 106.9M | 110.8M | 127.4M | 133.8M | |
Liabilities And Stockholders Equity | 12.4M | 17.9M | 19.6M | 20.9M | 24.0M | 25.2M | |
Total Liab | 450.3K | 433.8K | 276.1K | 1.1M | 1.3M | 1.3M | |
Total Current Assets | 1.6M | 3.5M | 2.4M | 403.9K | 464.5K | 441.3K | |
Accumulated Other Comprehensive Income | 2.9M | 3.3M | 3.8M | 4.2M | 4.9M | 5.1M | |
Other Current Assets | 61.4K | 83.4K | 52.7K | 53.9K | 48.5K | 46.1K | |
Short Term Investments | 4.2K | 2.2K | 1.2K | 949.0 | 2.0M | 0.0 | |
Common Stock | 28.8M | 35.1M | 37.7M | 38.8M | 44.6M | 27.0M | |
Net Tangible Assets | 7.9M | 12.0M | 17.4M | 19.3M | 22.2M | 23.3M | |
Property Plant Equipment | 7.8M | 10.8M | 14.3M | 17.1M | 19.7M | 20.7M | |
Net Invested Capital | 12.0M | 17.4M | 19.3M | 19.8M | 22.7M | 14.2M | |
Net Working Capital | 1.1M | 3.1M | 2.1M | (558.5K) | (642.2K) | (610.1K) | |
Capital Stock | 28.8M | 35.1M | 37.7M | 38.8M | 44.6M | 34.4M |
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When running Grande Portage's price analysis, check to measure Grande Portage's 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 Grande Portage is operating at the current time. Most of Grande Portage's value examination focuses on studying past and present price action to predict the probability of Grande Portage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grande Portage's price. Additionally, you may evaluate how the addition of Grande Portage to your portfolios can decrease your overall portfolio volatility.