Roscan Ptb Ratio vs Free Cash Flow 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 Ptb Ratio 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 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.
Ptb Ratio vs Free Cash Flow Yield
Ptb Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roscan Gold Corp Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very week relationship.
The correlation between Roscan Gold's Ptb Ratio and Free Cash Flow Yield is 0.24. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow 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 Ptb Ratio 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 Ptb Ratio of Roscan Gold Corp 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 Ptb Ratio i.e., Roscan Gold's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.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 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
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Roscan Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Roscan Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.9M | 7.2M | 141.4K | 152.7K | 175.6K | 166.8K | |
Total Current Liabilities | 3.7M | 1.1M | 1.3M | 2.6M | 2.9M | 3.1M | |
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 Payable | 2.9M | 449.9K | 1.1M | 2.4M | 2.7M | 2.9M | |
Cash | 2.4M | 6.9M | 47.0K | 18.8K | 21.6K | 20.5K | |
Cash And Short Term Investments | 2.4M | 6.9M | 47.0K | 18.8K | 21.6K | 20.5K | |
Net Receivables | 146.6K | 69.4K | 37.6K | 31.9K | 36.7K | 25.9K | |
Common Stock Shares Outstanding | 195.9M | 303.8M | 370.0M | 385.9M | 443.8M | 466.0M | |
Liabilities And Stockholders Equity | 2.9M | 7.2M | 141.4K | 152.7K | 175.6K | 166.8K | |
Other Stockholder Equity | 3.0M | 4.6M | 7.4M | 8.3M | 7.4M | 7.8M | |
Total Liab | 3.7M | 1.1M | 1.3M | 2.6M | 2.9M | 3.1M | |
Total Current Assets | 2.9M | 7.1M | 141.4K | 152.7K | 175.6K | 166.8K | |
Common Stock | 31.1M | 63.5M | 70.9M | 73.7M | 84.8M | 89.0M | |
Accumulated Other Comprehensive Income | 1.1M | 3.1M | 3.1M | 717.1K | 824.6K | 1.2M | |
Other Current Assets | 377.8K | 211.8K | 56.9K | 102.0K | 117.3K | 123.2K | |
Other Current Liab | 799.7K | 621.8K | 227.5K | 174.5K | 200.7K | 210.0K | |
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 Stock | 31.1M | 63.5M | 70.9M | 73.7M | 84.8M | 47.4M |
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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.