SAU Ptb Ratio vs Net Income Per Share Analysis
SAU Stock | CAD 0.08 0.01 11.11% |
St Augustine financial indicator trend analysis is much more than just breaking down St Augustine Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether St Augustine Gold is a good investment. Please check the relationship between St Augustine Ptb Ratio and its Net Income Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in St Augustine Gold. 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 Net Income Per Share
Ptb Ratio vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of St Augustine Gold Ptb Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between St Augustine's Ptb Ratio and Net Income Per Share is 0.52. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of St Augustine Gold, assuming nothing else is changed. The correlation between historical values of St Augustine's Ptb Ratio and Net Income Per Share 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 St Augustine Gold are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Ptb Ratio i.e., St Augustine's Ptb Ratio and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | 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.Net Income Per Share
Most indicators from St Augustine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into St Augustine Gold 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 World Market Map to better understand how to build diversified portfolios, which includes a position in St Augustine Gold. 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. As of the 4th of December 2024, Enterprise Value is likely to grow to about 69 M, while Selling General Administrative is likely to drop about 410.4 K.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 44.7K | 420.3K | 656.1K | 688.9K | Interest Income | 496K | 464.7K | 656.1K | 358.1K |
St Augustine fundamental ratios Correlations
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St Augustine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
St Augustine fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 113.4M | 116.5M | 113.6M | 110.9M | 113.4M | 111.4M | |
Other Current Liab | 6.4M | 7.6M | 4.5M | 2.7M | 1.7M | 3.0M | |
Total Current Liabilities | 6.8M | 8.0M | 4.8M | 3.2M | 2.1M | 3.9M | |
Total Stockholder Equity | 106.6M | 108.5M | 108.8M | 107.7M | 111.4M | 106.0M | |
Property Plant And Equipment Net | 60.1K | 22.4K | 62.1K | 62.7K | 63.3K | 60.2K | |
Net Debt | (129.4K) | (225.1K) | (183.1K) | (150.0K) | (480.5K) | (504.6K) | |
Retained Earnings | (26.6M) | (26.8M) | (28.5M) | (29.5M) | (29.1M) | (30.6M) | |
Accounts Payable | 373.6K | 414.0K | 326.8K | 479.6K | 360.4K | 342.4K | |
Cash | 129.4K | 225.1K | 183.1K | 150.0K | 480.5K | 456.5K | |
Non Current Assets Total | 113.2M | 116.2M | 113.3M | 110.6M | 112.8M | 106.7M | |
Non Currrent Assets Other | 17.3M | 17.9M | 16.7M | 16.3M | 17.9M | 13.2M | |
Cash And Short Term Investments | 129.4K | 225.1K | 183.1K | 150.0K | 480.5K | 456.5K | |
Liabilities And Stockholders Equity | 113.4M | 116.5M | 113.6M | 110.9M | 113.4M | 111.4M | |
Total Liab | 6.8M | 8.0M | 4.8M | 3.2M | 2.1M | 3.9M | |
Property Plant And Equipment Gross | 88.7K | 60.1K | 22.4K | 610.1K | 549.1K | 521.7K | |
Total Current Assets | 221.0K | 318.8K | 282.4K | 260.3K | 630.9K | 599.4K | |
Accumulated Other Comprehensive Income | (9.4M) | (7.2M) | (9.5M) | (12.6M) | (12.2M) | (11.6M) | |
Other Current Assets | 91.6K | 93.7K | 99.3K | 110.3K | 150.4K | 142.8K | |
Other Assets | 17.3M | 17.9M | 16.7M | 196.3K | 225.7K | 214.4K | |
Net Tangible Assets | 105.3M | 106.6M | 108.5M | 108.8M | 125.2M | 118.9M | |
Long Term Investments | 95.8M | 98.2M | 96.6M | 94.2M | 94.8M | 82.6M | |
Property Plant Equipment | 60.8M | 61.4M | 62.1M | 62.7M | 72.1M | 64.0M | |
Net Invested Capital | 106.6M | 108.5M | 108.8M | 107.7M | 111.4M | 118.7M | |
Net Working Capital | (6.6M) | (7.6M) | (4.5M) | (2.9M) | (1.4M) | (1.5M) |
Pair Trading with St Augustine
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if St Augustine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in St Augustine will appreciate offsetting losses from the drop in the long position's value.Moving together with SAU Stock
Moving against SAU Stock
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0.47 | NG | NovaGold Resources | PairCorr |
0.4 | ORE | Orezone Gold Corp | PairCorr |
The ability to find closely correlated positions to St Augustine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace St Augustine when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back St Augustine - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling St Augustine Gold to buy it.
The correlation of St Augustine is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as St Augustine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if St Augustine Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for St Augustine can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in SAU Stock
Balance Sheet is a snapshot of the financial position of St Augustine Gold at a specified time, usually calculated after every quarter, six months, or one year. St Augustine Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of St Augustine and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which SAU currently owns. An asset can also be divided into two categories, current and non-current.