Portofino Cash vs Net Debt 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 Cash and its Net Debt 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.

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Portofino Resources Cash account and Net Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Portofino Resources' Cash and Net Debt is -0.98. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt 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' Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Portofino Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Portofino Resources' Cash and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.98

Relationship Direction	Negative
Relationship Strength	Significant

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Cash

Cash refers to the most liquid asset of Portofino Resources, which is listed under current asset account on Portofino Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Portofino Resources customers. The amounts must be unrestricted with restricted cash listed in a different Portofino Resources account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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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