Hemostemix Ev To Free Cash Flow vs Ptb Ratio Analysis

HEM Stock  CAD 0.08  0.01  5.88%   
Hemostemix financial indicator trend analysis is much more than just examining Hemostemix latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hemostemix is a good investment. Please check the relationship between Hemostemix Ev To Free Cash Flow and its Ptb Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hemostemix. 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.

Ev To Free Cash Flow vs Ptb Ratio

Ev To Free Cash Flow vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hemostemix Ev To Free Cash Flow account and Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hemostemix's Ev To Free Cash Flow and Ptb Ratio is -0.48. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Hemostemix, assuming nothing else is changed. The correlation between historical values of Hemostemix's Ev To Free Cash Flow 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 Ev To Free Cash Flow of Hemostemix 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 Ev To Free Cash Flow i.e., Hemostemix's Ev To Free Cash Flow and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

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 Hemostemix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hemostemix 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 Hemostemix. 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.
Issuance Of Capital Stock is likely to climb to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.

Hemostemix fundamental ratios Correlations

-0.31-0.380.730.73-0.02-0.780.22-0.170.94-0.02-0.130.950.21-0.33-0.20.18-0.31-0.440.071.00.2-0.01-0.01-0.240.0
-0.310.71-0.78-0.73-0.710.76-0.870.57-0.43-0.70.63-0.410.340.820.72-0.420.90.86-0.71-0.27-0.130.78-0.710.44-0.77
-0.380.71-0.75-0.79-0.70.61-0.760.8-0.44-0.720.66-0.410.230.570.79-0.690.720.77-0.5-0.33-0.490.73-0.690.19-0.68
0.73-0.78-0.750.990.54-0.970.8-0.520.70.54-0.590.680.11-0.84-0.70.42-0.84-0.940.60.690.41-0.630.54-0.590.58
0.73-0.73-0.790.990.54-0.940.79-0.560.710.54-0.560.690.09-0.8-0.690.45-0.82-0.910.530.70.5-0.630.54-0.530.59
-0.02-0.71-0.70.540.54-0.430.89-0.650.021.0-0.79-0.03-0.16-0.7-0.890.73-0.79-0.720.67-0.090.34-0.931.0-0.460.97
-0.780.760.61-0.97-0.94-0.43-0.70.36-0.76-0.420.49-0.74-0.140.790.59-0.310.760.87-0.54-0.75-0.250.5-0.430.6-0.47
0.22-0.87-0.760.80.790.89-0.7-0.680.260.88-0.790.23-0.12-0.92-0.890.57-0.97-0.930.780.170.44-0.960.89-0.590.93
-0.170.570.8-0.52-0.56-0.650.36-0.68-0.28-0.640.6-0.260.40.540.63-0.640.690.58-0.46-0.13-0.690.69-0.640.0-0.69
0.94-0.43-0.440.70.710.02-0.760.26-0.280.02-0.130.99-0.1-0.33-0.230.25-0.36-0.430.020.940.18-0.070.04-0.090.08
-0.02-0.7-0.720.540.541.0-0.420.88-0.640.02-0.8-0.04-0.15-0.68-0.890.73-0.77-0.720.66-0.090.33-0.920.99-0.450.95
-0.130.630.66-0.59-0.56-0.790.49-0.790.6-0.13-0.8-0.080.00.620.91-0.750.670.69-0.71-0.08-0.210.85-0.780.54-0.72
0.95-0.41-0.410.680.69-0.03-0.740.23-0.260.99-0.04-0.08-0.11-0.31-0.160.16-0.34-0.410.010.950.17-0.03-0.02-0.060.04
0.210.340.230.110.09-0.16-0.14-0.120.4-0.1-0.150.0-0.11-0.020.04-0.150.17-0.050.110.220.030.2-0.16-0.53-0.26
-0.330.820.57-0.84-0.8-0.70.79-0.920.54-0.33-0.680.62-0.31-0.020.71-0.320.960.94-0.77-0.28-0.460.8-0.70.67-0.79
-0.20.720.79-0.7-0.69-0.890.59-0.890.63-0.23-0.890.91-0.160.040.71-0.840.780.8-0.73-0.15-0.370.89-0.880.47-0.84
0.18-0.42-0.690.420.450.73-0.310.57-0.640.250.73-0.750.16-0.15-0.32-0.84-0.46-0.450.440.130.37-0.610.72-0.050.62
-0.310.90.72-0.84-0.82-0.790.76-0.970.69-0.36-0.770.67-0.340.170.960.78-0.460.94-0.75-0.26-0.480.88-0.790.54-0.88
-0.440.860.77-0.94-0.91-0.720.87-0.930.58-0.43-0.720.69-0.41-0.050.940.8-0.450.94-0.77-0.39-0.430.81-0.720.64-0.75
0.07-0.71-0.50.60.530.67-0.540.78-0.460.020.66-0.710.010.11-0.77-0.730.44-0.75-0.770.030.25-0.70.65-0.490.63
1.0-0.27-0.330.690.7-0.09-0.750.17-0.130.94-0.09-0.080.950.22-0.28-0.150.13-0.26-0.390.030.180.05-0.08-0.21-0.06
0.2-0.13-0.490.410.50.34-0.250.44-0.690.180.33-0.210.170.03-0.46-0.370.37-0.48-0.430.250.18-0.380.340.010.42
-0.010.780.73-0.63-0.63-0.930.5-0.960.69-0.07-0.920.85-0.030.20.80.89-0.610.880.81-0.70.05-0.38-0.920.54-0.95
-0.01-0.71-0.690.540.541.0-0.430.89-0.640.040.99-0.78-0.02-0.16-0.7-0.880.72-0.79-0.720.65-0.080.34-0.92-0.460.97
-0.240.440.19-0.59-0.53-0.460.6-0.590.0-0.09-0.450.54-0.06-0.530.670.47-0.050.540.64-0.49-0.210.010.54-0.46-0.46
0.0-0.77-0.680.580.590.97-0.470.93-0.690.080.95-0.720.04-0.26-0.79-0.840.62-0.88-0.750.63-0.060.42-0.950.97-0.46
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Hemostemix Account Relationship Matchups

Hemostemix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets104.3K2.3M563.0K465.3K313.8K298.1K
Other Current Liab2.1M3.2M1.0M2.6M3.0M3.2M
Total Current Liabilities4.1M3.4M4.4M2.6M2.9M2.4M
Total Stockholder Equity(4.0M)(1.1M)(5.3M)(6.8M)(7.4M)(7.0M)
Net Tangible Assets487.8K(4.0M)(1.1M)(6.8M)(6.1M)(5.8M)
Net Debt2.0M(83.0K)1.3M4.0M4.2M4.4M
Retained Earnings(41.5M)(49.2M)(55.5M)(60.8M)(63.3M)(60.1M)
Accounts Payable2.1M3.2M4.4M2.4K2.9M1.6M
Cash24.1K258.0K219.4K135.7K155.4K147.6K
Non Current Assets Total4.5K2.0K902.0407.0184.0174.8
Cash And Short Term Investments24.1K258.0K219.4K135.7K155.4K147.6K
Net Receivables75.8K2.1M342.7K138.9K25.1K23.8K
Common Stock Shares Outstanding15.0M32.2M57.4M70.0M82.5M86.6M
Liabilities And Stockholders Equity104.3K2.3M563.0K465.3K313.8K298.1K
Inventory(88.2K)(13.3K)(45.5K)(342.7)(394.1)(413.81)
Other Current Assets13.3K45.5K342.7190.3K133.1K101.6K
Other Stockholder Equity6.0M8.7M10.1M10.2M11.9M12.5M
Total Liab4.1M3.4M5.8M7.2M7.7M8.1M
Total Current Assets99.8K2.3M562.1K464.9K313.6K297.9K
Accumulated Other Comprehensive Income439.7K1.5M1.5M2.7M1.5M1.5M
Net Invested Capital(2.0M)(923.7K)(3.8M)(2.6M)(3.0M)(2.9M)
Net Working Capital(4.0M)(1.1M)(3.8M)(2.2M)(2.6M)(2.4M)

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