Rover Free Cash Flow Yield vs Pe Ratio Analysis
ROVR Stock | CAD 0.01 0.00 0.00% |
Rover Metals financial indicator trend analysis is much more than just breaking down Rover Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rover Metals Corp is a good investment. Please check the relationship between Rover Metals Free Cash Flow Yield and its Pe Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rover Metals 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 metropolitan statistical area.
Free Cash Flow Yield vs Pe Ratio
Free Cash Flow Yield vs Pe Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rover Metals Corp Free Cash Flow Yield account and Pe Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Rover Metals' Free Cash Flow Yield and Pe Ratio is -0.62. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Pe Ratio in the same time period over historical financial statements of Rover Metals Corp, assuming nothing else is changed. The correlation between historical values of Rover Metals' Free Cash Flow Yield and Pe 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 Rover Metals Corp are associated (or correlated) with its Pe Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pe Ratio has no effect on the direction of Free Cash Flow Yield i.e., Rover Metals' Free Cash Flow Yield and Pe Ratio go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Pe Ratio
Most indicators from Rover Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rover Metals 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 Rover Metals 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 metropolitan statistical area. At this time, Rover Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 1.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 696 K in 2024.
Rover Metals fundamental ratios Correlations
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Rover Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rover Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1M | 1.9M | 4.4M | 5.1M | 5.1M | 5.4M | |
Total Current Liabilities | 248.6K | 448.7K | 666.9K | 291.1K | 595.2K | 625K | |
Total Stockholder Equity | 801.8K | 1.4M | 3.7M | 4.8M | 4.5M | 4.7M | |
Net Debt | (2.2K) | (301.8K) | (607.6K) | (56.2K) | (50.6K) | (53.1K) | |
Retained Earnings | (3.1M) | (3.9M) | (5.6M) | (7.1M) | (7.3M) | (6.9M) | |
Cash | 2.2K | 332.7K | 642.8K | 96.2K | 200.7K | 236.0K | |
Non Current Assets Total | 821.4K | 1.5M | 3.5M | 4.6M | 4.8M | 5.0M | |
Cash And Short Term Investments | 2.2K | 332.7K | 642.8K | 96.2K | 110.7K | 105.1K | |
Liabilities And Stockholders Equity | 1.1M | 1.9M | 4.4M | 5.1M | 5.8M | 6.1M | |
Other Stockholder Equity | 784.1K | 34.7K | 575.8K | 1.6M | 1.8M | 1.9M | |
Total Liab | 248.6K | 488.7K | 706.9K | 331.1K | 635.2K | 667K | |
Total Current Assets | 229.0K | 405.9K | 872.7K | 446.8K | 303.2K | 338.9K | |
Net Receivables | 3.6K | 17.0K | 37.9K | 19.2K | 22.0K | 20.9K | |
Common Stock Shares Outstanding | 8.2M | 10.3M | 17.3M | 25.2M | 52.6M | 55.2M | |
Other Current Liab | 248.6K | 398.7K | 666.9K | 291.1K | 334.8K | 259.2K | |
Net Tangible Assets | 1.2M | 801.8K | 1.4M | 3.7M | 4.3M | 4.5M | |
Accounts Payable | 188.6K | 106.9K | 285.3K | 666.9K | 766.9K | 805.2K | |
Common Stock | 2.8M | 3.4M | 5.6M | 7.4M | 8.5M | 8.9M | |
Property Plant Equipment | 641.5K | 704.1K | 1.4M | 3.1M | 3.6M | 3.8M | |
Net Invested Capital | 801.8K | 1.5M | 3.7M | 4.8M | 4.5M | 2.6M | |
Net Working Capital | (19.6K) | (42.8K) | 205.9K | 155.6K | (292.1K) | (277.5K) | |
Property Plant And Equipment Net | 704.1K | 1.4M | 3.1M | 4.4M | 4.6M | 2.7M | |
Capital Stock | 2.8M | 3.4M | 5.6M | 7.4M | 8.5M | 5.6M |
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When running Rover Metals' price analysis, check to measure Rover Metals' 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 Rover Metals is operating at the current time. Most of Rover Metals' value examination focuses on studying past and present price action to predict the probability of Rover Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rover Metals' price. Additionally, you may evaluate how the addition of Rover Metals to your portfolios can decrease your overall portfolio volatility.