Adamera Roic vs Book Value Per Share 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 Roic and its Book Value Per Share 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.

Roic vs Book Value Per Share

Roic vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adamera Minerals Corp Roic account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Adamera Minerals' Roic and Book Value Per Share is -0.03. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Book Value Per Share 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' Roic and Book Value 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 Roic of Adamera Minerals Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Roic i.e., Adamera Minerals' Roic and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

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.

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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