Generation Historical Financial Ratios
GENM Stock | CAD 0.14 0.01 6.67% |
Generation Mining is recently reporting on over 89 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 Days Sales Outstanding of 0.0 or Invested Capital of 0.0 will help investors to properly organize and evaluate Generation Mining financial condition quickly.
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About Generation Financial Ratios Analysis
Generation MiningFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Generation Mining 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 Generation financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Generation Mining history.
Generation Mining Financial Ratios Chart
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Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most ratios from Generation Mining's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Generation Mining 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generation Mining. 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, Generation Mining's Current Ratio is very stable compared to the past year. As of the 30th of December 2024, Debt To Equity is likely to grow to 0.17, though PTB Ratio is likely to grow to (1.40).
2023 | 2024 (projected) | Payables Turnover | 8.95 | 9.4 | Days Of Inventory On Hand | 74.87 | 66.55 |
Generation Mining fundamentals Correlations
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Generation Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Generation Mining fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Ptb Ratio | 8.45 | 7.25 | 26.46 | (5.76) | (1.48) | (1.4) | |
Book Value Per Share | 0.0332 | 0.11 | 0.0389 | (0.14) | (0.16) | (0.15) | |
Free Cash Flow Yield | (0.49) | (0.0864) | (0.0968) | (0.23) | (0.39) | (0.41) | |
Operating Cash Flow Per Share | (0.13) | (0.0681) | (0.0997) | (0.17) | (0.0852) | (0.0894) | |
Average Payables | 76.2K | 206.0K | 987.1K | 911.2K | 954.5K | 1.0M | |
Pb Ratio | 8.45 | 7.25 | 26.46 | (5.76) | (1.48) | (1.4) | |
Free Cash Flow Per Share | (0.14) | (0.0683) | (0.0997) | (0.18) | (0.0891) | (0.0936) | |
Roic | (4.7) | (0.24) | (0.82) | 2.25 | 0.64 | 0.67 | |
Net Income Per Share | (0.21) | (0.0684) | (0.12) | (0.32) | (0.0942) | (0.0989) | |
Payables Turnover | 0.22 | 0.0579 | 0.0534 | 7.79 | 8.95 | 9.4 | |
Pocfratio | (2.21) | (11.61) | (10.33) | (4.51) | (2.7) | (2.84) | |
Pfcf Ratio | (2.05) | (11.57) | (10.33) | (4.31) | (2.58) | (2.71) | |
Days Payables Outstanding | 1.7K | 6.3K | 6.8K | 46.88 | 42.19 | 40.08 | |
Roe | (6.28) | (0.63) | (3.02) | 2.33 | 0.6 | 0.63 | |
Ev To Operating Cash Flow | (2.11) | (10.27) | (9.97) | (4.0) | (1.83) | (1.93) | |
Pe Ratio | (1.35) | (11.54) | (8.77) | (2.47) | (2.44) | (2.56) | |
Return On Tangible Assets | (4.74) | (0.55) | (2.09) | (2.25) | (0.88) | (0.92) | |
Ev To Free Cash Flow | (1.97) | (10.24) | (9.97) | (3.83) | (1.75) | (1.84) | |
Current Ratio | 4.13 | 8.41 | 3.18 | 2.55 | 3.49 | 5.17 | |
Tangible Book Value Per Share | 0.0332 | 0.11 | 0.0389 | (0.14) | (0.16) | (0.15) | |
Graham Number | 0.39 | 0.41 | 0.32 | 0.98 | 0.57 | 0.31 | |
Shareholders Equity Per Share | 0.0332 | 0.11 | 0.0389 | (0.14) | (0.16) | (0.15) | |
Graham Net Net | 0.0114 | 0.1 | 0.0321 | (0.16) | (0.18) | (0.17) | |
Interest Debt Per Share | 0.006644 | 2.84E-4 | 2.15E-4 | 0.001323 | 0.002021 | 0.002833 | |
Price Earnings Ratio | (1.35) | (11.54) | (8.77) | (2.47) | (2.44) | (2.56) | |
Price Book Value Ratio | 8.45 | 7.25 | 26.46 | (5.76) | (1.48) | (1.4) |
Pair Trading with Generation Mining
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 Generation Mining 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 Generation Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Generation Stock
0.75 | AG | First Majestic Silver | PairCorr |
0.67 | IE | Ivanhoe Energy | PairCorr |
0.74 | ORE | Orezone Gold Corp | PairCorr |
0.63 | FDY | Faraday Copper Corp | PairCorr |
0.66 | INFM | Infinico Metals Corp | PairCorr |
Moving against Generation Stock
0.85 | ERE-UN | European Residential Real | PairCorr |
0.85 | TCS | TECSYS Inc | PairCorr |
0.84 | DBO | D Box Technologies | PairCorr |
0.76 | ENS-PA | E Split Corp | PairCorr |
0.74 | FFH | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to Generation Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Generation Mining 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 Generation Mining - 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 Generation Mining to buy it.
The correlation of Generation Mining 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 Generation Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Generation Mining 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 Generation Mining 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 Generation Stock
Generation MiningFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Generation Mining 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 Generation financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Generation Mining history.