HudBay Historical Financial Ratios
HBM Stock | CAD 12.50 0.20 1.57% |
HudBay Minerals 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 1.35 or Days Sales Outstanding of 34.84 will help investors to properly organize and evaluate HudBay Minerals financial condition quickly.
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About HudBay Financial Ratios Analysis
HudBay MineralsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate HudBay Minerals 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 HudBay financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across HudBay Minerals history.
HudBay Minerals Financial Ratios Chart
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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.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.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Stock Based Compensation To Revenue
A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.Quick Ratio
A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.Most ratios from HudBay Minerals' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into HudBay Minerals 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. 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. To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.At this time, HudBay Minerals' ROIC is very stable compared to the past year. As of the 7th of December 2024, Net Income Per Share is likely to grow to 0.22, while Price To Sales Ratio is likely to drop 0.96.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.002168 | 0.002928 | 0.002601 | 0.002471 | Price To Sales Ratio | 1.26 | 0.91 | 1.02 | 0.96 |
HudBay Minerals fundamentals Correlations
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HudBay Minerals Account Relationship Matchups
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HudBay Minerals fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.88 | 1.67 | 1.26 | 0.91 | 1.02 | 0.96 | |
Dividend Yield | 0.003706 | 0.002178 | 0.002168 | 0.002928 | 0.002601 | 0.002471 | |
Ptb Ratio | 0.59 | 1.08 | 1.28 | 0.84 | 0.82 | 1.35 | |
Days Sales Outstanding | 33.41 | 51.34 | 40.47 | 30.54 | 36.67 | 34.84 | |
Book Value Per Share | 7.07 | 6.51 | 5.65 | 6.0 | 7.1 | 5.7 | |
Free Cash Flow Yield | 0.23 | 0.0476 | (0.0665) | 0.003367 | 0.0698 | 0.0733 | |
Operating Cash Flow Per Share | 1.19 | 0.92 | 1.47 | 1.86 | 1.31 | 0.87 | |
Stock Based Compensation To Revenue | 0.002193 | 0.0137 | 0.008086 | 0.001412 | 0.004353 | 0.007206 | |
Capex To Depreciation | 0.75 | 0.99 | 1.05 | 0.91 | 0.7 | 0.66 | |
Pb Ratio | 0.59 | 1.08 | 1.28 | 0.84 | 0.82 | 1.35 | |
Ev To Sales | 1.42 | 2.37 | 1.92 | 1.61 | 1.68 | 1.6 | |
Roic | (0.004618) | (0.0388) | (0.0286) | 0.0341 | 0.0402 | 0.0422 | |
Inventory Turnover | 9.27 | 7.82 | 7.36 | 7.64 | 6.26 | 4.91 | |
Days Of Inventory On Hand | 46.66 | 49.58 | 42.19 | 47.76 | 58.33 | 55.41 | |
Payables Turnover | 15.8 | 10.07 | 16.27 | 14.13 | 18.73 | 19.67 | |
Capex To Revenue | 0.18 | 0.13 | 0.21 | 0.33 | 0.25 | 0.16 | |
Cash Per Share | 1.52 | 1.68 | 1.04 | 0.86 | 0.81 | 0.77 | |
Pocfratio | 3.49 | 7.64 | 4.94 | 2.72 | 4.23 | 4.44 | |
Interest Coverage | (0.24) | (1.58) | (0.84) | 1.89 | 3.9 | 3.7 | |
Payout Ratio | (0.0117) | (0.0275) | (0.0168) | 0.0552 | 0.0672 | 0.0706 | |
Capex To Operating Cash Flow | 0.83 | 1.51 | 0.98 | 0.63 | 0.71 | 0.74 | |
Pfcf Ratio | 20.99 | (15.03) | 296.98 | 7.42 | 14.33 | 13.62 | |
Days Payables Outstanding | 23.11 | 36.24 | 22.44 | 25.83 | 19.48 | 18.51 | |
Income Quality | (0.9) | (1.66) | (1.57) | 6.93 | 6.12 | 6.42 | |
Ev To Operating Cash Flow | 5.65 | 10.81 | 7.51 | 4.81 | 7.01 | 7.36 | |
Pe Ratio | (3.15) | (12.65) | (7.76) | 18.86 | 25.85 | 27.15 | |
Return On Tangible Assets | 0.0182 | (0.0772) | (0.031) | (0.053) | 0.0163 | 0.0127 | |
Ev To Free Cash Flow | 33.98 | (21.27) | 451.65 | 13.12 | 23.76 | 37.53 | |
Earnings Yield | (0.32) | (0.0791) | (0.13) | 0.053 | 0.0387 | 0.0406 | |
Intangibles To Total Assets | 0.001128 | 0.001159 | 0.001278 | 0.001102 | 0.0149 | 0.0112 | |
Net Debt To E B I T D A | (29.36) | 2.58 | 4.07 | 2.05 | 1.73 | 1.81 | |
Current Ratio | 1.69 | 1.68 | 1.29 | 1.17 | 1.25 | 1.96 | |
Tangible Book Value Per Share | 7.05 | 6.49 | 5.63 | 5.98 | 6.84 | 5.62 | |
Receivables Turnover | 10.92 | 7.11 | 9.02 | 11.95 | 9.95 | 6.59 |
Pair Trading with HudBay Minerals
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 HudBay Minerals 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 HudBay Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with HudBay Stock
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0.82 | IE | Ivanhoe Energy | PairCorr |
0.72 | FDY | Faraday Copper Corp | PairCorr |
Moving against HudBay Stock
The ability to find closely correlated positions to HudBay Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HudBay Minerals 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 HudBay Minerals - 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 HudBay Minerals to buy it.
The correlation of HudBay Minerals 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 HudBay Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HudBay Minerals 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 HudBay Minerals 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. 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. To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.