Pan Free Cash Flow Yield vs Price To Sales Ratio Analysis

PAAS Stock

CAD 32.77 0.26 0.79%

Pan American financial indicator trend analysis is much more than just breaking down Pan American Silver prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pan American Silver is a good investment. Please check the relationship between Pan American Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. 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 Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pan American Silver Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Pan American's Free Cash Flow Yield and Price To Sales Ratio is -0.26. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Pan American Silver, assuming nothing else is changed. The correlation between historical values of Pan American's Free Cash Flow Yield and Price To Sales 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 Pan American Silver are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Pan American's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Pan American Silver stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Pan American sales, a figure that is much harder to manipulate than other Pan American Silver multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Pan American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pan American Silver 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. 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.

At this time, Pan American's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Tax Provision is likely to grow to about 64.6 M, while Issuance Of Capital Stock is likely to drop about 133 K.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	85.1M	111.6M	660.7M	693.7M
Cost Of Revenue	1.3B	1.4B	1.6B	1.7B

Total Operating Expenses Cost Of Revenue

Pan American fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Current Deferred Revenue	Short Term Investments	Short Term Debt	Short Long Term Debt Total	Common Stock
Common Stock Shares Outstanding		0.95	0.96	0.96	0.94	0.94	0.72	-0.67	0.95	0.66	0.94	0.88	0.42	-0.31	0.92	0.97	0.87	-0.28	0.94	0.9	0.91	0.83	-0.23	0.65	0.84	0.83
Total Assets	0.95		0.92	0.96	0.99	1.0	0.74	-0.46	0.97	0.8	1.0	0.95	0.56	-0.41	0.97	0.95	0.81	-0.18	0.98	0.94	0.95	0.82	-0.15	0.67	0.92	0.79
Other Current Liab	0.96	0.92		0.98	0.9	0.92	0.74	-0.63	0.93	0.6	0.92	0.88	0.29	-0.48	0.9	0.98	0.94	-0.27	0.93	0.95	0.85	0.94	-0.38	0.55	0.83	0.81
Total Current Liabilities	0.96	0.96	0.98		0.94	0.96	0.74	-0.57	0.96	0.69	0.96	0.93	0.42	-0.43	0.93	0.99	0.87	-0.19	0.96	0.96	0.91	0.9	-0.27	0.66	0.87	0.81
Total Stockholder Equity	0.94	0.99	0.9	0.94		0.98	0.67	-0.39	0.94	0.84	0.99	0.92	0.63	-0.38	0.94	0.94	0.78	-0.17	0.96	0.91	0.97	0.79	-0.07	0.65	0.87	0.79
Property Plant And Equipment Net	0.94	1.0	0.92	0.96	0.98		0.78	-0.48	0.98	0.78	1.0	0.97	0.52	-0.43	0.99	0.95	0.82	-0.19	0.99	0.94	0.92	0.82	-0.2	0.67	0.94	0.79
Net Debt	0.72	0.74	0.74	0.74	0.67	0.78		-0.64	0.82	0.31	0.77	0.86	0.02	-0.47	0.86	0.71	0.75	-0.23	0.84	0.77	0.53	0.74	-0.45	0.63	0.92	0.59
Retained Earnings	-0.67	-0.46	-0.63	-0.57	-0.39	-0.48	-0.64		-0.61	-0.02	-0.48	-0.49	0.29	0.09	-0.54	-0.59	-0.66	0.52	-0.55	-0.53	-0.32	-0.51	0.62	-0.41	-0.52	-0.52
Accounts Payable	0.95	0.97	0.93	0.96	0.94	0.98	0.82	-0.61		0.71	0.98	0.97	0.41	-0.43	0.98	0.95	0.83	-0.27	0.99	0.95	0.87	0.82	-0.31	0.71	0.94	0.78
Cash	0.66	0.8	0.6	0.69	0.84	0.78	0.31	-0.02	0.71		0.78	0.72	0.87	-0.16	0.72	0.68	0.43	0.09	0.72	0.7	0.87	0.45	0.16	0.51	0.65	0.56
Non Current Assets Total	0.94	1.0	0.92	0.96	0.99	1.0	0.77	-0.48	0.98	0.78		0.96	0.52	-0.45	0.98	0.95	0.83	-0.2	0.99	0.94	0.93	0.83	-0.2	0.66	0.93	0.79
Non Currrent Assets Other	0.88	0.95	0.88	0.93	0.92	0.97	0.86	-0.49	0.97	0.72	0.96		0.44	-0.47	0.99	0.9	0.79	-0.12	0.98	0.94	0.84	0.81	-0.28	0.71	0.98	0.73
Cash And Short Term Investments	0.42	0.56	0.29	0.42	0.63	0.52	0.02	0.29	0.41	0.87	0.52	0.44		0.1	0.43	0.4	0.09	0.33	0.43	0.38	0.74	0.16	0.62	0.48	0.37	0.38
Net Receivables	-0.31	-0.41	-0.48	-0.43	-0.38	-0.43	-0.47	0.09	-0.43	-0.16	-0.45	-0.47	0.1		-0.45	-0.42	-0.53	0.14	-0.45	-0.51	-0.22	-0.66	0.47	0.04	-0.44	-0.27
Non Current Liabilities Total	0.92	0.97	0.9	0.93	0.94	0.99	0.86	-0.54	0.98	0.72	0.98	0.99	0.43	-0.45		0.92	0.83	-0.21	1.0	0.94	0.86	0.81	-0.29	0.68	0.98	0.76
Inventory	0.97	0.95	0.98	0.99	0.94	0.95	0.71	-0.59	0.95	0.68	0.95	0.9	0.4	-0.42	0.92		0.87	-0.3	0.95	0.96	0.91	0.88	-0.28	0.63	0.84	0.81
Other Current Assets	0.87	0.81	0.94	0.87	0.78	0.82	0.75	-0.66	0.83	0.43	0.83	0.79	0.09	-0.53	0.83	0.87		-0.28	0.85	0.83	0.69	0.92	-0.52	0.34	0.77	0.73
Other Stockholder Equity	-0.28	-0.18	-0.27	-0.19	-0.17	-0.19	-0.23	0.52	-0.27	0.09	-0.2	-0.12	0.33	0.14	-0.21	-0.3	-0.28		-0.21	-0.2	-0.08	-0.13	0.53	-0.03	-0.15	-0.13
Total Liab	0.94	0.98	0.93	0.96	0.96	0.99	0.84	-0.55	0.99	0.72	0.99	0.98	0.43	-0.45	1.0	0.95	0.85	-0.21		0.96	0.88	0.85	-0.29	0.68	0.96	0.78
Property Plant And Equipment Gross	0.9	0.94	0.95	0.96	0.91	0.94	0.77	-0.53	0.95	0.7	0.94	0.94	0.38	-0.51	0.94	0.96	0.83	-0.2	0.96		0.86	0.89	-0.36	0.64	0.89	0.76
Total Current Assets	0.91	0.95	0.85	0.91	0.97	0.92	0.53	-0.32	0.87	0.87	0.93	0.84	0.74	-0.22	0.86	0.91	0.69	-0.08	0.88	0.86		0.71	0.09	0.67	0.78	0.77
Current Deferred Revenue	0.83	0.82	0.94	0.9	0.79	0.82	0.74	-0.51	0.82	0.45	0.83	0.81	0.16	-0.66	0.81	0.88	0.92	-0.13	0.85	0.89	0.71		-0.41	0.41	0.77	0.73
Short Term Investments	-0.23	-0.15	-0.38	-0.27	-0.07	-0.2	-0.45	0.62	-0.31	0.16	-0.2	-0.28	0.62	0.47	-0.29	-0.28	-0.52	0.53	-0.29	-0.36	0.09	-0.41		0.14	-0.3	-0.13
Short Term Debt	0.65	0.67	0.55	0.66	0.65	0.67	0.63	-0.41	0.71	0.51	0.66	0.71	0.48	0.04	0.68	0.63	0.34	-0.03	0.68	0.64	0.67	0.41	0.14		0.71	0.53
Short Long Term Debt Total	0.84	0.92	0.83	0.87	0.87	0.94	0.92	-0.52	0.94	0.65	0.93	0.98	0.37	-0.44	0.98	0.84	0.77	-0.15	0.96	0.89	0.78	0.77	-0.3	0.71		0.7
Common Stock	0.83	0.79	0.81	0.81	0.79	0.79	0.59	-0.52	0.78	0.56	0.79	0.73	0.38	-0.27	0.76	0.81	0.73	-0.13	0.78	0.76	0.77	0.73	-0.13	0.53	0.7

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Pan American Account Relationship Matchups

Pan American fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	153.5M	201.6M	210.3M	210.4M	326.5M	342.9M
Total Assets	3.5B	3.4B	3.5B	3.2B	7.2B	7.6B
Other Current Liab	165.8M	181.9M	208.1M	218.4M	301M	316.1M
Total Current Liabilities	271.7M	361.8M	387.7M	380.8M	624.2M	655.4M
Total Stockholder Equity	2.5B	2.6B	2.6B	2.2B	4.8B	5.0B
Property Plant And Equipment Net	2.5B	2.4B	2.3B	2.2B	5.7B	6.0B
Net Debt	195.6M	(133.5M)	(237.7M)	119.8M	402M	422.1M
Retained Earnings	(754.7M)	(623.0M)	(598.0M)	(1.0B)	(1.3B)	(1.2B)
Accounts Payable	66.9M	80.3M	77.5M	88.8M	198.2M	208.1M
Cash	120.6M	167.1M	283.6M	107.0M	399.6M	419.6M
Non Current Assets Total	2.7B	2.6B	2.5B	2.4B	5.8B	6.1B
Non Currrent Assets Other	42.1M	28.4M	35.5M	35.9M	148M	155.4M
Cash And Short Term Investments	238.3M	279.1M	335.3M	142.3M	440.9M	462.9M
Net Receivables	48.3M	35.1M	40.0M	28.7M	17.5M	16.6M
Liabilities And Stockholders Equity	3.5B	3.4B	3.5B	3.2B	7.2B	7.6B
Non Current Liabilities Total	722.2M	466.3M	494.9M	666.0M	1.8B	1.9B
Inventory	346.5M	406.2M	500.5M	471.6M	711.6M	747.2M
Other Current Assets	155.8M	136.6M	125.4M	161.8M	220M	231M
Total Liab	993.8M	828.0M	882.6M	1.0B	2.4B	2.6B
Property Plant And Equipment Gross	2.5B	2.4B	5.6B	5.9B	9.6B	10.1B
Total Current Assets	788.9M	856.9M	1.0B	804.4M	1.4B	1.5B
Accumulated Other Comprehensive Income	94.3M	93.4M	93.4M	(3.0M)	63.7M	66.9M
Short Term Investments	117.8M	111.9M	51.7M	35.3M	41.3M	39.2M
Short Term Debt	14.2M	12.8M	10.7M	27.3M	52.4M	55.0M
Short Long Term Debt Total	316.2M	33.6M	45.9M	226.8M	801.6M	841.7M
Common Stock	3.1B	3.1B	3.1B	3.1B	6.0B	3.0B
Common Stock Total Equity	2.3B	2.3B	3.1B	3.1B	3.6B	2.7B
Other Liab	399.4M	424.8M	442.3M	445.7M	512.6M	355.4M
Net Tangible Assets	2.5B	2.6B	2.6B	2.2B	2.5B	2.1B
Other Assets	80.5M	87.6M	91.4M	82.2M	94.5M	99.2M
Long Term Debt	275M	0.0	11.9M	180.0M	697M	731.9M
Long Term Investments	70.6M	84.3M	71.6M	78.7M	123.3M	0.0
Property Plant Equipment	2.5B	2.4B	2.3B	2.2B	2.6B	1.9B
Long Term Debt Total	302.0M	20.7M	31.8M	199.5M	229.4M	240.9M
Capital Lease Obligations	41.2M	33.6M	30.6M	33.1M	97.9M	102.8M

Pair Trading with Pan American

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 Pan American 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 Pan American will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pan Stock

0.94	AG	First Majestic Silver	Pair Corr
0.8	IE	Ivanhoe Energy	Pair Corr

Moving against Pan Stock

0.4

INFM

Infinico Metals Corp

Pair Corr

The ability to find closely correlated positions to Pan American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pan American 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 Pan American - 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 Pan American Silver to buy it.

The correlation of Pan American 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 Pan American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pan American Silver 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 Pan American 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.

Pair Correlation Correlation Matching

When determining whether Pan American Silver is a strong investment it is important to analyze Pan American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pan American's future performance. For an informed investment choice regarding Pan Stock, refer to the following important reports:

How To Invest In Pan

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Is Pan Stock a good investment?

Details

What is Pan American's Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. 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.

You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Please note, there is a significant difference between Pan American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pan American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pan American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Pan Free Cash Flow Yield vs Price To Sales Ratio Analysis

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Price To Sales Ratio

Pan American fundamental ratios Correlations

Pan American Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pan American fundamental ratios Accounts

Pair Trading with Pan American

Moving together with Pan Stock

Moving against Pan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets
Inventory	+ 0.99	Total Current Liabilities

Retained Earnings	- 0.67	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.66	Net Receivables
Other Current Assets	- 0.66	Retained Earnings
Retained Earnings	- 0.64	Net Debt
Retained Earnings	- 0.63	Other Current Liab
Accounts Payable	- 0.61	Retained Earnings