Portofino Average Payables vs Free Cash Flow Yield Analysis

POR Stock

CAD 0.01 0.01 33.33%

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

Average Payables vs Free Cash Flow Yield

Average Payables vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Portofino Resources Average Payables account and Free Cash Flow Yield. At this time, the significance of the direction appears to have no relationship.

The correlation between Portofino Resources' Average Payables and Free Cash Flow Yield is 0.04. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Portofino Resources, assuming nothing else is changed. The correlation between historical values of Portofino Resources' Average Payables and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Portofino Resources are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Average Payables i.e., Portofino Resources' Average Payables and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.04

Relationship Direction	Positive
Relationship Strength	Insignificant

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Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

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.

Most indicators from Portofino Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Portofino Resources 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 Portofino Resources. 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.

Enterprise Value is likely to climb to about 6.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 839 K in 2024.

Portofino Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Net Receivables	Inventory	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.36	-0.42	0.66	-0.7	0.17	-0.46	0.75	0.57	-0.34	0.0	-0.07	-0.42	0.85	-0.13	0.69	0.51	-0.52	0.33	0.4	0.45	-0.25
Other Current Liab	-0.36		0.97	-0.92	0.16	-0.88	0.83	-0.3	0.21	0.94	0.91	0.81	0.97	-0.06	0.85	-0.85	-0.04	-0.37	-0.53	-0.96	-0.96	0.83
Total Current Liabilities	-0.42	0.97		-0.96	0.17	-0.85	0.93	-0.34	0.19	0.93	0.88	0.8	1.0	-0.14	0.82	-0.81	-0.02	-0.35	-0.49	-0.98	-0.99	0.79
Total Stockholder Equity	0.66	-0.92	-0.96		-0.37	0.76	-0.91	0.52	0.02	-0.88	-0.73	-0.68	-0.96	0.39	-0.72	0.89	0.19	0.13	0.51	0.94	0.96	-0.74
Net Debt	-0.7	0.16	0.17	-0.37		0.13	0.18	-0.98	-0.93	0.03	-0.15	-0.17	0.17	-0.74	-0.17	-0.42	-0.19	0.47	0.06	-0.12	-0.2	-0.06
Retained Earnings	0.17	-0.88	-0.85	0.76	0.13		-0.72	0.01	-0.45	-0.97	-0.89	-0.89	-0.85	-0.21	-1.0	0.71	-0.12	0.59	0.69	0.91	0.85	-0.95
Accounts Payable	-0.46	0.83	0.93	-0.91	0.18	-0.72		-0.35	0.14	0.82	0.74	0.7	0.93	-0.25	0.69	-0.66	0.0	-0.28	-0.37	-0.9	-0.93	0.63
Cash	0.75	-0.3	-0.34	0.52	-0.98	0.01	-0.35		0.86	-0.18	0.01	0.03	-0.34	0.75	0.04	0.52	0.18	-0.4	0.01	0.28	0.36	-0.06
Cash And Short Term Investments	0.57	0.21	0.19	0.02	-0.93	-0.45	0.14	0.86		0.31	0.48	0.47	0.19	0.7	0.48	0.11	0.16	-0.61	-0.23	-0.23	-0.15	0.37
Common Stock Shares Outstanding	-0.34	0.94	0.93	-0.88	0.03	-0.97	0.82	-0.18	0.31		0.89	0.88	0.93	-0.01	0.95	-0.81	-0.02	-0.46	-0.63	-0.97	-0.94	0.93
Other Current Assets	0.0	0.91	0.88	-0.73	-0.15	-0.89	0.74	0.01	0.48	0.89		0.79	0.88	0.27	0.88	-0.61	0.16	-0.57	-0.47	-0.88	-0.85	0.8
Other Stockholder Equity	-0.07	0.81	0.8	-0.68	-0.17	-0.89	0.7	0.03	0.47	0.88	0.79		0.8	0.17	0.86	-0.63	0.06	-0.63	-0.48	-0.85	-0.81	0.83
Total Liab	-0.42	0.97	1.0	-0.96	0.17	-0.85	0.93	-0.34	0.19	0.93	0.88	0.8		-0.14	0.82	-0.81	-0.02	-0.35	-0.49	-0.98	-0.99	0.79
Total Current Assets	0.85	-0.06	-0.14	0.39	-0.74	-0.21	-0.25	0.75	0.7	-0.01	0.27	0.17	-0.14		0.26	0.43	0.7	-0.6	-0.12	0.09	0.2	0.07
Common Stock	-0.13	0.85	0.82	-0.72	-0.17	-1.0	0.69	0.04	0.48	0.95	0.88	0.86	0.82	0.26		-0.67	0.17	-0.6	-0.7	-0.88	-0.81	0.93
Net Tangible Assets	0.69	-0.85	-0.81	0.89	-0.42	0.71	-0.66	0.52	0.11	-0.81	-0.61	-0.63	-0.81	0.43	-0.67		0.38	0.04	0.63	0.84	0.84	-0.75
Net Receivables	0.51	-0.04	-0.02	0.19	-0.19	-0.12	0.0	0.18	0.16	-0.02	0.16	0.06	-0.02	0.7	0.17	0.38		-0.41	-0.08	0.02	0.08	-0.09
Inventory	-0.52	-0.37	-0.35	0.13	0.47	0.59	-0.28	-0.4	-0.61	-0.46	-0.57	-0.63	-0.35	-0.6	-0.6	0.04	-0.41		0.13	0.42	0.35	-0.47
Property Plant Equipment	0.33	-0.53	-0.49	0.51	0.06	0.69	-0.37	0.01	-0.23	-0.63	-0.47	-0.48	-0.49	-0.12	-0.7	0.63	-0.08	0.13		0.61	0.49	-0.65
Net Invested Capital	0.4	-0.96	-0.98	0.94	-0.12	0.91	-0.9	0.28	-0.23	-0.97	-0.88	-0.85	-0.98	0.09	-0.88	0.84	0.02	0.42	0.61		0.99	-0.85
Net Working Capital	0.45	-0.96	-0.99	0.96	-0.2	0.85	-0.93	0.36	-0.15	-0.94	-0.85	-0.81	-0.99	0.2	-0.81	0.84	0.08	0.35	0.49	0.99		-0.8
Capital Stock	-0.25	0.83	0.79	-0.74	-0.06	-0.95	0.63	-0.06	0.37	0.93	0.8	0.83	0.79	0.07	0.93	-0.75	-0.09	-0.47	-0.65	-0.85	-0.8

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Portofino Resources Account Relationship Matchups

Portofino Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	443.5K	540.4K	277.0K	353.9K	123.5K	117.4K
Other Current Liab	189.7K	60.0K	148.9K	756.0K	869.4K	912.9K
Total Current Liabilities	189.8K	60.0K	149.1K	756.8K	1.4M	1.5M
Total Stockholder Equity	253.7K	480.4K	127.9K	(402.9K)	(1.3M)	(1.2M)
Net Debt	(301.7K)	(274.1K)	(155.7K)	(65.1K)	(58.6K)	(61.6K)
Retained Earnings	(5.2M)	(7.6M)	(10.0M)	(12.5M)	(15.2M)	(14.5M)
Accounts Payable	158.31	58.94	141.81	755.93	1.2M	1.3M
Cash	301.7K	274.1K	155.7K	65.1K	6.8K	6.4K
Cash And Short Term Investments	301.7K	274.1K	155.7K	140.1K	161.2K	146.5K
Common Stock Shares Outstanding	26.2M	44.3M	92.9M	125.8M	175.2M	184.0M
Liabilities And Stockholders Equity	443.5K	540.4K	277.0K	353.9K	407.0K	435.5K
Other Current Assets	84.4K	67.8K	72.6K	185.3K	213.1K	223.8K
Other Stockholder Equity	794.4K	967.0K	1.2M	1.6M	1.8M	1.9M
Total Liab	189.8K	60.0K	149.1K	756.8K	1.4M	1.5M
Total Current Assets	443.5K	540.4K	277.0K	353.9K	123.5K	117.4K
Common Stock	4.6M	7.2M	9.0M	10.4M	12.0M	12.6M
Net Tangible Assets	253.7K	480.4K	127.9K	(402.9K)	(362.6K)	(344.5K)
Net Receivables	57.4K	198.5K	48.8K	28.5K	66.1K	122.0K
Net Invested Capital	253.7K	480.4K	127.9K	(402.9K)	(1.3M)	(1.2M)
Net Working Capital	253.7K	480.4K	127.9K	(402.9K)	(1.3M)	(1.2M)
Capital Stock	4.6M	7.2M	9.0M	10.4M	12.0M	8.6M

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