SolGold Historical Financial Ratios
| SOLG Stock | CAD 0.12 0.01 7.69% |
SolGold PLC is promptly reporting on over 92 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 0.0806, Invested Capital of 1.1 M, Average Payables of 889 K or Stock Based Compensation To Revenue of 0.0 will help investors to properly organize and evaluate SolGold PLC financial condition quickly.
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About SolGold Financial Ratios Analysis
SolGold PLCFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate SolGold PLC investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on SolGold financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across SolGold PLC history.
SolGold PLC Financial Ratios Chart
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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.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to SolGold PLC. There are two different methods for calculating SolGold PLC invested capital: operating approach and financing approach. Understanding SolGold PLC invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.Most ratios from SolGold PLC's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into SolGold PLC current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 SolGold PLC. 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. At this time, SolGold PLC's Debt To Equity is very stable compared to the past year. As of the 22nd of December 2024, Debt To Assets is likely to grow to 0.45, while PTB Ratio is likely to drop 1.22.
| 2021 | 2022 | 2023 | 2024 (projected) | PB Ratio | 2.45 | 0.001623 | 1.28 | 1.22 | Capex To Depreciation | 115.75 | 150.86 | 0.0278 | 0.0264 |
SolGold PLC fundamentals Correlations
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SolGold PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SolGold PLC fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Ptb Ratio | 1.75 | 2.46 | 2.45 | 0.001623 | 1.28 | 1.22 | |
| Book Value Per Share | 0.13 | 0.15 | 0.16 | 124.33 | 0.0848 | 0.0806 | |
| Operating Cash Flow Per Share | (0.004798) | (0.004787) | (0.00664) | (13.38) | (0.003413) | (0.003583) | |
| Capex To Depreciation | 86.59 | 140.7 | 115.75 | 150.86 | 0.0278 | 0.0264 | |
| Pb Ratio | 1.75 | 2.46 | 2.45 | 0.001623 | 1.28 | 1.22 | |
| Free Cash Flow Per Share | (0.0488) | (0.036) | (0.0453) | (31.24) | (0.003493) | (0.003668) | |
| Roic | (0.0502) | (0.0291) | (0.027) | (0.0856) | (0.0473) | (0.0497) | |
| Net Income Per Share | (0.007431) | (0.0108) | (7.42E-4) | (20.0) | (0.0201) | (0.0211) | |
| Cash Per Share | 0.0268 | 0.055 | 0.0137 | 13.59 | 0.002009 | 0.001908 | |
| Pocfratio | (54.39) | (59.35) | (74.09) | (0.0151) | (31.93) | (33.53) | |
| Interest Coverage | (32.41) | (1.28) | 1.49 | (2.92) | (2.62) | (2.76) | |
| Capex To Operating Cash Flow | (6.52) | (5.83) | (6.51) | (1.34) | (0.0236) | (0.0248) | |
| Pfcf Ratio | (7.23) | (8.69) | (9.87) | (0.00646) | (31.2) | (29.64) | |
| Income Quality | 0.64 | 0.61 | 6.47 | 0.67 | 0.17 | 0.16 | |
| Roe | (0.13) | (0.05) | (0.0675) | (0.005118) | (0.24) | (0.25) | |
| Ev To Operating Cash Flow | (51.05) | (59.21) | (79.43) | (3.43) | (50.79) | (53.33) | |
| Pe Ratio | (35.04) | (36.42) | (479.27) | (0.0101) | (5.42) | (5.7) | |
| Return On Tangible Assets | (0.0461) | (0.0501) | (0.003968) | (0.11) | (1.57) | (1.65) | |
| Ev To Free Cash Flow | (6.79) | (8.67) | (10.58) | (1.47) | (49.62) | (47.14) | |
| Earnings Yield | (0.0285) | (0.0275) | (0.002087) | (99.1) | (0.18) | (0.19) | |
| Intangibles To Total Assets | 7.51E-4 | 6.65E-4 | 8.52E-4 | 8.6E-4 | 0.92 | 0.87 | |
| Net Debt To E B I T D A | 2.54 | 0.18 | 3.03 | (4.67) | (14.31) | (13.6) | |
| Current Ratio | 2.3 | 15.22 | 4.97 | 3.01 | 0.53 | 0.5 | |
| Tangible Book Value Per Share | 0.15 | 0.16 | 0.14 | 124.17 | (0.057) | (0.0541) | |
| Graham Number | 0.23 | 0.16 | 0.2 | 0.0492 | 236.54 | 0.19 | |
| Shareholders Equity Per Share | 0.13 | 0.15 | 0.16 | 124.33 | 0.0848 | 0.0806 | |
| Capex Per Share | 0.044 | 0.0312 | 0.0387 | 17.87 | 8.0E-5 | 7.6E-5 | |
| Graham Net Net | 0.0138 | (9.03E-4) | (0.029) | (52.13) | (0.0677) | (0.0711) | |
| Interest Debt Per Share | 0.008247 | 0.0551 | 0.0421 | 63.66 | 0.0663 | 0.063 | |
| Enterprise Value Over E B I T D A | (38.79) | (72.46) | 45.19 | (4.69) | (38.55) | (40.48) | |
| Price Earnings Ratio | (35.04) | (36.42) | (479.27) | (0.0101) | (5.42) | (5.7) | |
| Price Book Value Ratio | 1.75 | 2.46 | 2.45 | 0.001623 | 1.28 | 1.22 | |
| Price Earnings To Growth Ratio | 0.6 | (0.79) | 5.12 | 0.0 | 0.0543 | 0.0516 | |
| Price To Operating Cash Flows Ratio | (54.39) | (59.35) | (74.09) | (0.0151) | (31.93) | (33.53) | |
| Price To Free Cash Flows Ratio | (7.23) | (8.69) | (9.87) | (0.00646) | (31.2) | (29.64) |
Pair Trading with SolGold PLC
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 SolGold PLC 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 SolGold PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with SolGold Stock
Moving against SolGold Stock
| 0.92 | FFH | Fairfax Financial | PairCorr |
| 0.9 | EIT-UN | Canoe EIT Income | PairCorr |
| 0.84 | ENS-PA | E Split Corp | PairCorr |
| 0.82 | DGS | Dividend Growth Split | PairCorr |
| 0.81 | ERE-UN | European Residential Real | PairCorr |
The ability to find closely correlated positions to SolGold PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SolGold PLC 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 SolGold PLC - 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 SolGold PLC to buy it.
The correlation of SolGold PLC 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 SolGold PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SolGold PLC 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 SolGold PLC 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 SolGold Stock
SolGold PLCFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate SolGold PLC investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on SolGold financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across SolGold PLC history.