Angus Roic vs Net Income Per Share 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 Roic and its Net Income Per Share 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.

Roic vs Net Income Per Share

Roic vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angus Ventures Roic account and Net Income Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Angus Ventures' Roic and Net Income Per Share is 0.94. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Net Income Per Share 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' Roic and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Angus Ventures are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Roic i.e., Angus Ventures' Roic and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Net Income Per Share

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
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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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Additional Tools for Angus Stock Analysis

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.