STA Stock | | | CAD 0.03 0.01 16.67% |
Sanatana Resources financial indicator trend analysis is much more than just breaking down Sanatana Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanatana Resources is a good investment. Please check the relationship between Sanatana Resources Pb Ratio and its Free Cash Flow Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sanatana Resources. 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 Free Cash Flow Per Share
Pb Ratio vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sanatana Resources Pb Ratio account and
Free Cash Flow Per Share. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sanatana Resources' Pb Ratio and Free Cash Flow Per Share is 0.2. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Sanatana Resources, assuming nothing else is changed. The correlation between historical values of Sanatana Resources' Pb Ratio and Free Cash Flow 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 Pb Ratio of Sanatana Resources are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Pb Ratio i.e., Sanatana Resources' Pb Ratio and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Pb Ratio
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.
Most indicators from Sanatana Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanatana Resources 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 Sanatana Resources. 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, Sanatana Resources'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 6.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 349.6
K in 2024.
Sanatana Resources fundamental ratios Correlations
Click cells to compare fundamentals
Sanatana Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sanatana Resources fundamental ratios Accounts
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Additional Tools for Sanatana Stock Analysis
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