Vista Historical Financial Ratios
VGZ Stock | CAD 0.81 0.02 2.53% |
Vista Gold is promptly reporting on over 86 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 Price To Sales Ratio of 182, Dividend Yield of 0.0, PTB Ratio of 11.61 or Days Sales Outstanding of 11.9 will help investors to properly organize and evaluate Vista Gold financial condition quickly.
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About Vista Financial Ratios Analysis
Vista GoldFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Vista Gold 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 Vista financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Vista Gold history.
Vista Gold Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Vista Gold stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Vista Gold sales, a figure that is much harder to manipulate than other Vista Gold multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.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.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most ratios from Vista Gold's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Vista Gold 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 Vista 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. To learn how to invest in Vista Stock, please use our How to Invest in Vista Gold guide.At this time, Vista Gold's Current Ratio is very stable compared to the past year. As of the 16th of December 2024, Receivables Turnover is likely to grow to 24.79, while Days Sales Outstanding is likely to drop 11.90.
2023 | 2024 (projected) | Days Sales Outstanding | 12.52 | 11.9 | PTB Ratio | 11.06 | 11.61 |
Vista Gold fundamentals Correlations
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Vista Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vista Gold fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Ptb Ratio | 5.76 | 6.94 | 5.47 | 5.83 | 11.06 | 11.61 | |
Book Value Per Share | 0.21 | 0.13 | 0.16 | 0.085 | 0.0409 | 0.0388 | |
Operating Cash Flow Per Share | (0.0702) | (0.0683) | (0.0963) | (0.0628) | (0.0484) | (0.0508) | |
Capex To Depreciation | 0.77 | 1.42 | 2.84 | 0.11 | 1.27 | 1.21 | |
Pb Ratio | 5.76 | 6.94 | 5.47 | 5.83 | 11.06 | 11.61 | |
Free Cash Flow Per Share | (0.0706) | (0.069) | (0.0976) | (0.0629) | (0.0488) | (0.0512) | |
Roic | (0.74) | (3.04) | (1.31) | 0.15 | (1.32) | (1.26) | |
Net Income Per Share | (0.11) | 0.0879 | (0.17) | 0.0115 | (0.0544) | (0.0571) | |
Payables Turnover | 0.79 | 5.04 | 0.27 | 0.0866 | 0.21 | 0.2 | |
Cash Per Share | 0.21 | 0.14 | 0.083 | 0.0687 | 0.0501 | 0.0476 | |
Pocfratio | (10.33) | (15.81) | (7.37) | (7.88) | (9.34) | (9.81) | |
Capex To Operating Cash Flow | (0.005671) | (0.009777) | (0.0131) | (6.74E-4) | (0.008702) | (0.009137) | |
Pfcf Ratio | (6.07) | (10.28) | (15.66) | (7.27) | (9.26) | (9.72) | |
Days Payables Outstanding | 1.3K | 2.7K | 4.2K | 1.4K | 1.7K | 854.99 | |
Income Quality | 0.75 | (16.56) | 0.7 | 1.5 | 0.89 | 0.93 | |
Roe | (0.86) | 0.56 | (1.3) | 0.14 | (1.33) | (1.26) | |
Ev To Operating Cash Flow | (10.14) | (14.7) | (6.17) | (6.79) | (8.31) | (8.72) | |
Pe Ratio | (6.68) | 12.29 | (4.21) | 43.12 | (8.31) | (7.9) | |
Return On Tangible Assets | (0.65) | 0.52 | (1.14) | 0.12 | (0.74) | (0.7) | |
Ev To Free Cash Flow | (10.08) | (14.55) | (6.09) | (6.78) | (8.23) | (8.65) | |
Earnings Yield | (0.15) | 0.0814 | (0.24) | 0.0232 | (0.12) | (0.13) | |
Net Debt To E B I T D A | 0.17 | 161.44 | 0.85 | 1.73 | 0.91 | 0.87 | |
Current Ratio | 8.25 | 8.35 | 7.8 | 9.27 | 6.94 | 10.34 | |
Tangible Book Value Per Share | 0.21 | 0.13 | 0.16 | 0.085 | 0.0409 | 0.0388 | |
Shareholders Equity Per Share | 0.21 | 0.13 | 0.16 | 0.085 | 0.0409 | 0.0388 | |
Capex Per Share | 3.98E-4 | 6.68E-4 | 0.001261 | 4.2E-5 | 4.21E-4 | 4.0E-4 | |
Graham Net Net | 0.0428 | 0.0695 | 0.1 | 0.0606 | 0.0172 | 0.0181 |
Pair Trading with Vista Gold
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 Vista Gold 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 Vista Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Vista Stock
Moving against Vista Stock
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The ability to find closely correlated positions to Vista Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vista Gold 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 Vista Gold - 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 Vista Gold to buy it.
The correlation of Vista Gold 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 Vista Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vista 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 Vista Gold 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vista 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. To learn how to invest in Vista Stock, please use our How to Invest in Vista Gold guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.