Angus Free Cash Flow Yield vs Ptb Ratio 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 Yield and its Ptb Ratio 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 Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angus Ventures Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Angus Ventures' Free Cash Flow Yield and Ptb Ratio is -0.6. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio 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 Yield and Ptb Ratio 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 Yield of Angus Ventures are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Angus Ventures' Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
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

0.760.980.120.93-0.93-0.810.721.00.980.760.740.761.00.840.530.520.850.710.670.650.77-0.77
0.760.64-0.140.55-0.66-0.990.920.730.660.850.991.00.760.980.470.460.910.960.830.770.97-0.96
0.980.640.190.98-0.96-0.70.60.980.990.610.610.640.970.750.50.490.720.60.530.570.67-0.62
0.12-0.140.190.23-0.190.15-0.120.140.18-0.13-0.14-0.120.12-0.12-0.12-0.09-0.16-0.14-0.15-0.09-0.150.14
0.930.550.980.23-0.98-0.610.540.930.980.510.520.550.930.680.350.340.620.490.470.40.57-0.53
-0.93-0.66-0.96-0.19-0.980.71-0.67-0.93-0.98-0.57-0.64-0.67-0.93-0.78-0.32-0.32-0.69-0.59-0.56-0.42-0.660.63
-0.81-0.99-0.70.15-0.610.71-0.93-0.79-0.71-0.88-0.99-0.99-0.81-0.99-0.56-0.55-0.94-0.94-0.8-0.78-0.980.96
0.720.920.6-0.120.54-0.67-0.930.70.670.80.950.920.720.930.410.410.890.780.70.60.87-0.95
1.00.730.980.140.93-0.93-0.790.70.980.720.710.741.00.820.560.550.830.680.620.660.75-0.74
0.980.660.990.180.98-0.98-0.710.670.980.640.640.660.980.770.410.410.750.590.580.490.66-0.67
0.760.850.61-0.130.51-0.57-0.880.80.720.640.840.850.760.860.550.540.960.810.840.690.82-0.91
0.740.990.61-0.140.52-0.64-0.990.950.710.640.840.990.740.970.50.50.910.930.770.770.97-0.96
0.761.00.64-0.120.55-0.67-0.990.920.740.660.850.990.770.980.470.460.910.960.830.770.97-0.96
1.00.760.970.120.93-0.93-0.810.721.00.980.760.740.770.840.530.520.850.710.670.650.77-0.77
0.840.980.75-0.120.68-0.78-0.990.930.820.770.860.970.980.840.520.510.930.920.80.730.97-0.94
0.530.470.5-0.120.35-0.32-0.560.410.560.410.550.50.470.530.521.00.610.440.170.80.63-0.45
0.520.460.49-0.090.34-0.32-0.550.410.550.410.540.50.460.520.511.00.60.440.160.810.63-0.45
0.850.910.72-0.160.62-0.69-0.940.890.830.750.960.910.910.850.930.610.60.840.820.740.88-0.96
0.710.960.6-0.140.49-0.59-0.940.780.680.590.810.930.960.710.920.440.440.840.860.80.94-0.88
0.670.830.53-0.150.47-0.56-0.80.70.620.580.840.770.830.670.80.170.160.820.860.50.71-0.85
0.650.770.57-0.090.4-0.42-0.780.60.660.490.690.770.770.650.730.80.810.740.80.50.86-0.7
0.770.970.67-0.150.57-0.66-0.980.870.750.660.820.970.970.770.970.630.630.880.940.710.86-0.89
-0.77-0.96-0.620.14-0.530.630.96-0.95-0.74-0.67-0.91-0.96-0.96-0.77-0.94-0.45-0.45-0.96-0.88-0.85-0.7-0.89
Click cells to compare fundamentals

Angus Ventures Account Relationship Matchups

Angus Ventures fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3M2.1M1.8M2.4M3.6M2.0M
Total Current Liabilities50.6K74.9K561.3K807.0K1.0M1.1M
Total Stockholder Equity1.3M2.1M1.3M1.6M2.6M1.7M
Net Tangible Assets1.3M2.1M1.3M1.6M1.8M1.5M
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 Payable38.8K62.4K102.4K530.9K365.6K383.9K
Cash1.3M2.1M1.5M2.2M3.5M1.9M
Cash And Short Term Investments1.3M2.1M1.5M2.2M2.5M1.6M
Common Stock Shares Outstanding19.0M27.7M34.8M39.0M49.1M29.8M
Liabilities And Stockholders Equity1.3M2.1M1.8M2.4M2.7M1.7M
Other Stockholder Equity101.1K161.4K825.1K1.9M2.1M2.2M
Total Liab53.5K74.9K561.3K807.0K1.0M1.1M
Total Current Assets1.3M2.1M1.8M2.4M3.6M2.0M
Common Stock1.8M6.9M9.4M15.4M17.8M18.6M
Net Invested Capital1.3M2.1M1.3M1.6M2.6M1.9M
Net Working Capital1.3M2.0M1.2M1.6M2.6M1.9M
Capital Stock1.8M6.9M9.4M15.4M20.3M10.2M

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