Roscan Pb Ratio vs Earnings Yield Analysis

ROS Stock  CAD 0.07  0.00  0.00%   
Roscan Gold financial indicator trend analysis is much more than just breaking down Roscan Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roscan Gold Corp is a good investment. Please check the relationship between Roscan Gold Pb Ratio and its Earnings Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roscan Gold Corp. 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.

Pb Ratio vs Earnings Yield

Pb Ratio vs Earnings Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roscan Gold Corp Pb Ratio account and Earnings Yield. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Roscan Gold's Pb Ratio and Earnings Yield is 0.42. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Earnings Yield in the same time period over historical financial statements of Roscan Gold Corp, assuming nothing else is changed. The correlation between historical values of Roscan Gold's Pb Ratio and Earnings 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 Pb Ratio of Roscan Gold Corp are associated (or correlated) with its Earnings Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earnings Yield has no effect on the direction of Pb Ratio i.e., Roscan Gold's Pb Ratio and Earnings Yield go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Pb Ratio

Earnings Yield

The inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company.
Most indicators from Roscan Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roscan Gold Corp 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 Roscan Gold Corp. 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 62.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.

Roscan Gold fundamental ratios Correlations

0.210.81-0.07-1.0-0.250.071.00.581.00.530.210.060.211.00.230.63-0.04-0.050.130.770.860.31-0.140.810.81
0.21-0.39-0.52-0.17-0.780.980.160.510.160.530.820.651.00.210.780.7-0.22-0.23-0.570.58-0.280.680.56-0.39-0.39
0.81-0.390.21-0.840.21-0.510.840.20.840.15-0.25-0.3-0.390.82-0.210.160.080.090.380.350.98-0.09-0.391.01.0
-0.07-0.520.210.080.81-0.57-0.070.12-0.07-0.27-0.8-0.69-0.52-0.07-0.83-0.050.350.340.5-0.070.09-0.43-0.510.230.22
-1.0-0.17-0.840.080.25-0.04-1.0-0.54-1.0-0.48-0.21-0.06-0.17-1.0-0.23-0.570.090.09-0.14-0.74-0.88-0.280.14-0.83-0.84
-0.25-0.780.210.810.25-0.78-0.23-0.1-0.23-0.24-0.98-0.84-0.77-0.25-0.98-0.390.310.30.48-0.370.07-0.7-0.50.210.2
0.070.98-0.51-0.57-0.04-0.780.020.40.020.440.830.690.980.070.80.58-0.28-0.29-0.630.47-0.390.630.62-0.51-0.5
1.00.160.84-0.07-1.0-0.230.020.541.00.480.190.050.161.00.220.58-0.04-0.040.150.730.890.29-0.150.840.84
0.580.510.20.12-0.54-0.10.40.540.540.840.08-0.020.520.580.050.82-0.12-0.140.140.890.180.22-0.140.190.2
1.00.160.84-0.07-1.0-0.230.021.00.540.480.190.050.161.00.220.58-0.04-0.040.150.730.890.29-0.150.840.84
0.530.530.15-0.27-0.48-0.240.440.480.840.480.220.070.540.520.20.72-0.13-0.150.050.730.140.31-0.020.130.13
0.210.82-0.25-0.8-0.21-0.980.830.190.080.190.220.830.810.210.990.4-0.29-0.29-0.640.35-0.110.740.63-0.25-0.25
0.060.65-0.3-0.69-0.06-0.840.690.05-0.020.050.070.830.650.060.840.19-0.35-0.35-0.490.12-0.180.490.49-0.31-0.3
0.211.0-0.39-0.52-0.17-0.770.980.160.520.160.540.810.650.210.780.7-0.22-0.23-0.570.59-0.280.680.56-0.39-0.39
1.00.210.82-0.07-1.0-0.250.071.00.581.00.520.210.060.210.230.62-0.04-0.050.130.760.860.31-0.140.810.82
0.230.78-0.21-0.83-0.23-0.980.80.220.050.220.20.990.840.780.230.36-0.3-0.3-0.630.33-0.060.690.63-0.21-0.2
0.630.70.16-0.05-0.57-0.390.580.580.820.580.720.40.190.70.620.360.210.19-0.110.830.20.70.110.170.16
-0.04-0.220.080.350.090.31-0.28-0.04-0.12-0.04-0.13-0.29-0.35-0.22-0.04-0.30.211.00.15-0.210.050.3-0.160.130.09
-0.05-0.230.090.340.090.3-0.29-0.04-0.14-0.04-0.15-0.29-0.35-0.23-0.05-0.30.191.00.15-0.230.050.29-0.150.130.09
0.13-0.570.380.5-0.140.48-0.630.150.140.150.05-0.64-0.49-0.570.13-0.63-0.110.150.150.020.29-0.41-0.80.380.38
0.770.580.35-0.07-0.74-0.370.470.730.890.730.730.350.120.590.760.330.83-0.21-0.230.020.370.39-0.020.340.35
0.86-0.280.980.09-0.880.07-0.390.890.180.890.14-0.11-0.18-0.280.86-0.060.20.050.050.290.370.0-0.30.980.98
0.310.68-0.09-0.43-0.28-0.70.630.290.220.290.310.740.490.680.310.690.70.30.29-0.410.390.00.4-0.07-0.09
-0.140.56-0.39-0.510.14-0.50.62-0.15-0.14-0.15-0.020.630.490.56-0.140.630.11-0.16-0.15-0.8-0.02-0.30.4-0.39-0.39
0.81-0.391.00.23-0.830.21-0.510.840.190.840.13-0.25-0.31-0.390.81-0.210.170.130.130.380.340.98-0.07-0.391.0
0.81-0.391.00.22-0.840.2-0.50.840.20.840.13-0.25-0.3-0.390.82-0.20.160.090.090.380.350.98-0.09-0.391.0
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Roscan Gold Account Relationship Matchups

Roscan Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9M7.2M141.4K152.7K175.6K166.8K
Total Current Liabilities3.7M1.1M1.3M2.6M2.9M3.1M
Total Stockholder Equity(810.3K)6.1M(1.2M)(2.4M)(2.2M)(2.1M)
Net Debt(2.3M)(6.9M)(47.0K)(18.8K)(16.9K)(17.7K)
Retained Earnings(38.1M)(62.7M)(79.5M)(84.4M)(75.9M)(72.1M)
Accounts Payable2.9M449.9K1.1M2.4M2.7M2.9M
Cash2.4M6.9M47.0K18.8K21.6K20.5K
Cash And Short Term Investments2.4M6.9M47.0K18.8K21.6K20.5K
Net Receivables146.6K69.4K37.6K31.9K36.7K25.9K
Common Stock Shares Outstanding195.9M303.8M370.0M385.9M443.8M466.0M
Liabilities And Stockholders Equity2.9M7.2M141.4K152.7K175.6K166.8K
Other Stockholder Equity3.0M4.6M7.4M8.3M7.4M7.8M
Total Liab3.7M1.1M1.3M2.6M2.9M3.1M
Total Current Assets2.9M7.1M141.4K152.7K175.6K166.8K
Common Stock31.1M63.5M70.9M73.7M84.8M89.0M
Accumulated Other Comprehensive Income1.1M3.1M3.1M717.1K824.6K1.2M
Other Current Assets377.8K211.8K56.9K102.0K117.3K123.2K
Other Current Liab799.7K621.8K227.5K174.5K200.7K210.0K
Net Tangible Assets(64.1K)(810.3K)6.1M(1.2M)(1.4M)(1.3M)
Net Invested Capital(810.3K)6.1M(1.2M)(2.4M)(2.2M)(2.1M)
Net Working Capital(836.5K)6.1M(1.2M)(2.4M)(2.2M)(2.1M)
Capital Stock31.1M63.5M70.9M73.7M84.8M47.4M

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When running Roscan Gold's price analysis, check to measure Roscan Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Roscan Gold is operating at the current time. Most of Roscan Gold's value examination focuses on studying past and present price action to predict the probability of Roscan Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roscan Gold's price. Additionally, you may evaluate how the addition of Roscan Gold to your portfolios can decrease your overall portfolio volatility.