Adamera Free Cash Flow Yield vs Pb Ratio Analysis

ADZ Stock

CAD 0.17 0.02 10.53%

Adamera Minerals financial indicator trend analysis is way more than just evaluating Adamera Minerals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adamera Minerals Corp is a good investment. Please check the relationship between Adamera Minerals Free Cash Flow Yield and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adamera Minerals Corp. 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.

Free Cash Flow Yield vs Pb Ratio

Free Cash Flow Yield vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adamera Minerals Corp Free Cash Flow Yield account and Pb Ratio. At this time, the significance of the direction appears to have strong relationship.

The correlation between Adamera Minerals' Free Cash Flow Yield and Pb Ratio is 0.73. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Adamera Minerals Corp, assuming nothing else is changed. The correlation between historical values of Adamera Minerals' Free Cash Flow Yield and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Adamera Minerals Corp are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Adamera Minerals' Free Cash Flow Yield and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Pb Ratio

Most indicators from Adamera Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adamera Minerals Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Adamera Minerals Corp. 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, Adamera Minerals' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1.2 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (17.6 K).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	763.1K	1.1M	706.1K	935.3K
Cost Of Revenue	15.0K	14.8K	14.6K	13.6K

Total Operating Expenses Cost Of Revenue

Adamera Minerals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Net Tangible Assets	Other Assets	Common Stock Shares Outstanding	Short Term Investments	Common Stock	Property Plant Equipment	Other Current Assets	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.28	0.49	0.99	0.96	0.48	-0.82	-0.1	0.09	0.98	-0.2	0.17	0.86	-0.84	0.78	0.42	0.9	0.84	0.7	0.73	0.96	0.95	0.58	0.91	-0.01	0.75
Other Current Liab	-0.28		0.41	-0.29	-0.11	0.35	-0.17	0.7	-0.64	-0.15	0.39	-0.58	-0.15	0.22	-0.11	-0.64	-0.04	-0.12	-0.6	-0.13	-0.09	-0.2	-0.57	-0.09	-0.29	0.18
Total Current Liabilities	0.49	0.41		0.43	0.57	0.76	-0.59	0.34	-0.49	0.58	0.12	-0.42	0.58	-0.4	0.72	-0.22	0.44	0.49	0.26	0.42	0.53	0.42	0.24	0.53	-0.03	0.51
Total Stockholder Equity	0.99	-0.29	0.43		0.96	0.44	-0.81	-0.09	0.1	0.97	-0.21	0.18	0.83	-0.83	0.71	0.42	0.91	0.8	0.69	0.72	0.96	0.96	0.55	0.9	-0.05	0.75
Property Plant And Equipment Net	0.96	-0.11	0.57	0.96		0.63	-0.86	-0.03	-0.18	0.99	-0.24	-0.11	0.8	-0.84	0.69	0.15	0.88	0.72	0.65	0.61	0.96	0.95	0.53	0.84	-0.23	0.72
Net Debt	0.48	0.35	0.76	0.44	0.63		-0.62	0.08	-0.76	0.63	-0.28	-0.7	0.56	-0.57	0.62	-0.48	0.48	0.52	0.26	0.1	0.54	0.46	0.34	0.43	-0.43	0.44
Retained Earnings	-0.82	-0.17	-0.59	-0.81	-0.86	-0.62		-0.24	0.24	-0.85	0.13	0.1	-0.82	0.8	-0.61	-0.11	-0.93	-0.74	-0.41	-0.57	-0.94	-0.8	-0.38	-0.8	0.35	-0.84
Accounts Payable	-0.1	0.7	0.34	-0.09	-0.03	0.08	-0.24		-0.25	-0.06	0.57	-0.16	0.08	0.15	-0.08	-0.19	0.2	0.01	-0.62	0.15	0.04	-0.03	-0.45	0.09	-0.15	0.37
Cash	0.09	-0.64	-0.49	0.1	-0.18	-0.76	0.24	-0.25		-0.12	0.14	0.98	0.03	0.11	0.0	0.92	0.01	0.13	0.18	0.37	-0.05	0.0	0.07	0.13	0.65	-0.01
Non Current Assets Total	0.98	-0.15	0.58	0.97	0.99	0.63	-0.85	-0.06	-0.12		-0.23	-0.05	0.83	-0.84	0.76	0.21	0.88	0.79	0.67	0.64	0.96	0.95	0.56	0.87	-0.14	0.73
Non Currrent Assets Other	-0.2	0.39	0.12	-0.21	-0.24	-0.28	0.13	0.57	0.14	-0.23		0.17	-0.23	0.6	-0.12	0.05	-0.13	-0.16	-0.32	0.19	-0.18	-0.25	-0.52	-0.02	0.45	0.1
Cash And Short Term Investments	0.17	-0.58	-0.42	0.18	-0.11	-0.7	0.1	-0.16	0.98	-0.05	0.17		0.14	0.01	0.07	0.96	0.14	0.23	0.18	0.48	0.04	0.06	0.06	0.24	0.63	0.14
Net Receivables	0.86	-0.15	0.58	0.83	0.8	0.56	-0.82	0.08	0.03	0.83	-0.23	0.14		-0.84	0.82	0.4	0.89	0.91	0.45	0.65	0.85	0.81	0.52	0.88	-0.1	0.84
Other Stockholder Equity	-0.84	0.22	-0.4	-0.83	-0.84	-0.57	0.8	0.15	0.11	-0.84	0.6	0.01	-0.84		-0.63	-0.23	-0.84	-0.73	-0.56	-0.55	-0.85	-0.84	-0.53	-0.78	0.33	-0.69
Total Liab	0.78	-0.11	0.72	0.71	0.69	0.62	-0.61	-0.08	0.0	0.76	-0.12	0.07	0.82	-0.63		0.32	0.63	0.89	0.6	0.61	0.7	0.61	0.56	0.76	0.26	0.6
Total Current Assets	0.42	-0.64	-0.22	0.42	0.15	-0.48	-0.11	-0.19	0.92	0.21	0.05	0.96	0.4	-0.23	0.32		0.36	0.46	0.35	0.61	0.28	0.31	0.26	0.46	0.57	0.32
Net Tangible Assets	0.9	-0.04	0.44	0.91	0.88	0.48	-0.93	0.2	0.01	0.88	-0.13	0.14	0.89	-0.84	0.63	0.36		0.83	0.42	0.71	0.95	0.89	0.37	0.91	-0.22	0.92
Other Assets	0.84	-0.12	0.49	0.8	0.72	0.52	-0.74	0.01	0.13	0.79	-0.16	0.23	0.91	-0.73	0.89	0.46	0.83		0.45	0.65	0.79	0.72	0.48	0.86	0.11	0.79
Common Stock Shares Outstanding	0.7	-0.6	0.26	0.69	0.65	0.26	-0.41	-0.62	0.18	0.67	-0.32	0.18	0.45	-0.56	0.6	0.35	0.42	0.45		0.45	0.6	0.54	0.73	0.49	0.23	0.19
Short Term Investments	0.73	-0.13	0.42	0.72	0.61	0.1	-0.57	0.15	0.37	0.64	0.19	0.48	0.65	-0.55	0.61	0.61	0.71	0.65	0.45		0.68	0.63	0.1	0.86	0.43	0.75
Common Stock	0.96	-0.09	0.53	0.96	0.96	0.54	-0.94	0.04	-0.05	0.96	-0.18	0.04	0.85	-0.85	0.7	0.28	0.95	0.79	0.6	0.68		0.94	0.5	0.89	-0.2	0.81
Property Plant Equipment	0.95	-0.2	0.42	0.96	0.95	0.46	-0.8	-0.03	0.0	0.95	-0.25	0.06	0.81	-0.84	0.61	0.31	0.89	0.72	0.54	0.63	0.94		0.44	0.87	-0.23	0.76
Other Current Assets	0.58	-0.57	0.24	0.55	0.53	0.34	-0.38	-0.45	0.07	0.56	-0.52	0.06	0.52	-0.53	0.56	0.26	0.37	0.48	0.73	0.1	0.5	0.44		0.26	-0.03	0.05
Net Invested Capital	0.91	-0.09	0.53	0.9	0.84	0.43	-0.8	0.09	0.13	0.87	-0.02	0.24	0.88	-0.78	0.76	0.46	0.91	0.86	0.49	0.86	0.89	0.87	0.26		0.07	0.92
Net Working Capital	-0.01	-0.29	-0.03	-0.05	-0.23	-0.43	0.35	-0.15	0.65	-0.14	0.45	0.63	-0.1	0.33	0.26	0.57	-0.22	0.11	0.23	0.43	-0.2	-0.23	-0.03	0.07		-0.13
Capital Stock	0.75	0.18	0.51	0.75	0.72	0.44	-0.84	0.37	-0.01	0.73	0.1	0.14	0.84	-0.69	0.6	0.32	0.92	0.79	0.19	0.75	0.81	0.76	0.05	0.92	-0.13

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Adamera Minerals Account Relationship Matchups

Adamera Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.6M	7.9M	9.4M	9.4M	8.7M	5.6M
Other Current Liab	69.3K	69.7K	69.9K	93.7K	539.4K	566.4K
Total Current Liabilities	741.7K	670.4K	733.7K	669.9K	822.4K	679.7K
Total Stockholder Equity	4.8M	6.2M	7.9M	8.2M	7.7M	4.7M
Property Plant And Equipment Net	5.0M	5.4M	5.9M	7.3M	7.4M	4.3M
Net Debt	47.4K	617.7K	(732.1K)	87.8K	222.4K	233.6K
Retained Earnings	(30.1M)	(30.4M)	(30.9M)	(32.0M)	(33.4M)	(35.1M)
Accounts Payable	144.1K	61.2K	170.1K	80.8K	309.2K	324.6K
Cash	158.4K	644.7K	1.8M	699.0K	260.4K	247.4K
Non Current Assets Total	5.0M	6.7M	7.0M	8.2M	8.0M	4.7M
Non Currrent Assets Other	(180.0K)	(123.2K)	(130.5K)	57.7K	51.9K	54.5K
Cash And Short Term Investments	158.4K	644.7K	1.9M	794.0K	335.4K	635.4K
Net Receivables	313.9K	465.9K	410.8K	367.3K	427.2K	448.5K
Liabilities And Stockholders Equity	5.6M	7.9M	9.4M	9.4M	8.7M	5.6M
Other Stockholder Equity	1.4M	1.6M	1.9M	2.2M	1.9M	1.8M
Total Liab	741.7K	1.7M	1.5M	1.2M	1.0M	909.1K
Total Current Assets	563.7K	1.2M	2.4M	1.2M	773.3K	876.3K
Accumulated Other Comprehensive Income	1.4M	1.6M	1.9M	2.2M	2.3M	1.2M
Net Tangible Assets	4.8M	6.2M	7.9M	8.2M	9.4M	9.9M
Other Assets	123.2K	1.6M	1.2M	879.8K	1.0M	1.1M
Common Stock Shares Outstanding	144.5M	163.2M	197.7M	210.5M	22.9M	21.7M
Common Stock	33.6M	35.0M	36.9M	38.1M	38.8M	35.9M
Property Plant Equipment	4.9M	5.2M	5.8M	7.3M	8.4M	4.2M
Other Current Assets	91.4K	110.2K	58.8K	26.5K	10.7K	10.2K
Net Invested Capital	4.9M	6.3M	8.0M	8.2M	7.7M	6.9M
Net Working Capital	(178.0K)	550.4K	1.7M	517.9K	(49.1K)	(46.6K)
Capital Stock	33.6M	35.0M	36.9M	38.1M	38.8M	39.5M

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