Angus Free Cash Flow Per Share vs Average Payables Analysis
GUS Stock | CAD 0.42 0.04 10.53% |
Angus Ventures financial indicator trend analysis is way more than just evaluating Angus Ventures prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angus Ventures is a good investment. Please check the relationship between Angus Ventures Free Cash Flow Per Share and its Average Payables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Angus Ventures. 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 Per Share vs Average Payables
Free Cash Flow Per Share vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angus Ventures Free Cash Flow Per Share account and Average Payables. At this time, the significance of the direction appears to have pay attention.
The correlation between Angus Ventures' Free Cash Flow Per Share and Average Payables is -0.79. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of Angus Ventures, assuming nothing else is changed. The correlation between historical values of Angus Ventures' Free Cash Flow Per Share and Average Payables 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 Angus Ventures are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Free Cash Flow Per Share i.e., Angus Ventures' Free Cash Flow Per Share and Average Payables go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most indicators from Angus Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angus Ventures 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 Angus Ventures. 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 1.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.3 M in 2024.
Angus Ventures fundamental ratios Correlations
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Angus Ventures Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Angus Ventures fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3M | 2.1M | 1.8M | 2.4M | 3.6M | 2.0M | |
Total Current Liabilities | 50.6K | 74.9K | 561.3K | 807.0K | 1.0M | 1.1M | |
Total Stockholder Equity | 1.3M | 2.1M | 1.3M | 1.6M | 2.6M | 1.7M | |
Net Tangible Assets | 1.3M | 2.1M | 1.3M | 1.6M | 1.8M | 1.5M | |
Net Debt | (1.3M) | (2.1M) | (1.5M) | (2.2M) | (1.9M) | (2.0M) | |
Retained Earnings | (575.0K) | (5.0M) | (9.0M) | (15.7M) | (20.6M) | (19.6M) | |
Accounts Payable | 38.8K | 62.4K | 102.4K | 530.9K | 365.6K | 383.9K | |
Cash | 1.3M | 2.1M | 1.5M | 2.2M | 3.5M | 1.9M | |
Cash And Short Term Investments | 1.3M | 2.1M | 1.5M | 2.2M | 2.5M | 1.6M | |
Common Stock Shares Outstanding | 19.0M | 27.7M | 34.8M | 39.0M | 49.1M | 29.8M | |
Liabilities And Stockholders Equity | 1.3M | 2.1M | 1.8M | 2.4M | 2.7M | 1.7M | |
Other Stockholder Equity | 101.1K | 161.4K | 825.1K | 1.9M | 2.1M | 2.2M | |
Total Liab | 53.5K | 74.9K | 561.3K | 807.0K | 1.0M | 1.1M | |
Total Current Assets | 1.3M | 2.1M | 1.8M | 2.4M | 3.6M | 2.0M | |
Common Stock | 1.8M | 6.9M | 9.4M | 15.4M | 17.8M | 18.6M | |
Net Invested Capital | 1.3M | 2.1M | 1.3M | 1.6M | 2.6M | 1.9M | |
Net Working Capital | 1.3M | 2.0M | 1.2M | 1.6M | 2.6M | 1.9M | |
Capital Stock | 1.8M | 6.9M | 9.4M | 15.4M | 20.3M | 10.2M |
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When running Angus Ventures' price analysis, check to measure Angus Ventures' 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 Angus Ventures is operating at the current time. Most of Angus Ventures' value examination focuses on studying past and present price action to predict the probability of Angus Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Angus Ventures' price. Additionally, you may evaluate how the addition of Angus Ventures to your portfolios can decrease your overall portfolio volatility.