Almaden Operating Cash Flow Per Share vs Capex To Revenue Analysis

AMM Stock

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

Operating Cash Flow Per Share vs Capex To Revenue

Operating Cash Flow Per Share vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Almaden Minerals Operating Cash Flow Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Almaden Minerals' Operating Cash Flow Per Share and Capex To Revenue is 0.51. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Almaden Minerals, assuming nothing else is changed. The correlation between historical values of Almaden Minerals' Operating Cash Flow Per Share and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Almaden Minerals are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Operating Cash Flow Per Share i.e., Almaden Minerals' Operating Cash Flow Per Share and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most indicators from Almaden Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Almaden Minerals 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 Almaden Minerals. 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.

As of the 13th of December 2024, Sales General And Administrative To Revenue is likely to grow to about 31.2 K, while Selling General Administrative is likely to drop about 1.4 M.

Almaden 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	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Inventory	Non Current Liabilities Total	Other Current Assets	Common Stock Total Equity	Intangible Assets
Total Assets		0.66	0.16	1.0	0.9	-0.24	0.13	0.13	0.29	0.95	0.48	0.11	-0.16	0.2	0.28	0.1	0.33	0.9	0.17	-0.03	-0.43	-0.3	0.49	0.27	0.35	0.01
Other Current Liab	0.66		0.39	0.63	0.65	0.11	-0.38	0.27	0.01	0.67	0.53	-0.04	-0.17	0.58	0.07	0.08	0.58	0.66	0.0	-0.13	-0.07	-0.68	0.6	0.69	0.55	0.53
Total Current Liabilities	0.16	0.39		0.17	0.07	-0.15	-0.23	0.96	0.15	0.12	0.25	0.11	0.39	0.21	-0.13	-0.26	-0.07	0.07	0.13	-0.1	-0.23	-0.62	-0.08	0.05	0.12	0.21
Total Stockholder Equity	1.0	0.63	0.17		0.88	-0.31	0.21	0.16	0.35	0.93	0.47	0.16	-0.12	0.12	0.29	0.1	0.24	0.87	0.22	0.02	-0.51	-0.26	0.41	0.2	0.28	-0.02
Property Plant And Equipment Net	0.9	0.65	0.07	0.88		0.17	-0.07	0.0	-0.13	0.99	0.63	-0.31	-0.47	0.36	0.09	-0.07	0.54	1.0	-0.26	-0.37	-0.22	-0.21	0.58	0.36	0.57	0.15
Net Debt	-0.24	0.11	-0.15	-0.31	0.17		-0.61	-0.29	-0.97	0.04	0.36	-0.9	-0.59	0.53	-0.54	-0.22	0.63	0.17	-0.91	-0.63	0.68	0.07	0.41	0.5	0.59	0.47
Retained Earnings	0.13	-0.38	-0.23	0.21	-0.07	-0.61		0.01	0.46	0.01	-0.05	0.35	0.21	-0.94	0.01	0.0	-0.76	-0.08	0.38	0.43	-0.78	0.63	-0.54	-0.57	-0.77	-0.33
Accounts Payable	0.13	0.27	0.96	0.16	0.0	-0.29	0.01		0.25	0.06	0.2	0.19	0.46	-0.03	-0.18	-0.28	-0.28	0.0	0.21	0.01	-0.41	-0.48	-0.26	-0.13	-0.11	0.11
Cash	0.29	0.01	0.15	0.35	-0.13	-0.97	0.46	0.25		0.0	-0.4	0.95	0.6	-0.36	0.61	0.31	-0.45	-0.13	0.96	0.65	-0.55	-0.2	-0.23	-0.33	-0.46	-0.44
Non Current Assets Total	0.95	0.67	0.12	0.93	0.99	0.04	0.01	0.06	0.0		0.6	-0.19	-0.37	0.29	0.12	-0.05	0.46	0.99	-0.13	-0.27	-0.31	-0.23	0.55	0.33	0.49	0.12
Non Currrent Assets Other	0.48	0.53	0.25	0.47	0.63	0.36	-0.05	0.2	-0.4	0.6		-0.44	-0.3	0.19	-0.35	0.0	0.2	0.62	-0.4	-0.2	-0.18	-0.07	0.16	0.38	0.43	0.54
Cash And Short Term Investments	0.11	-0.04	0.11	0.16	-0.31	-0.9	0.35	0.19	0.95	-0.19	-0.44		0.66	-0.28	0.54	0.49	-0.43	-0.31	0.99	0.8	-0.37	-0.24	-0.24	-0.24	-0.48	-0.36
Net Receivables	-0.16	-0.17	0.39	-0.12	-0.47	-0.59	0.21	0.46	0.6	-0.37	-0.3	0.66		-0.26	0.01	0.09	-0.43	-0.47	0.68	0.55	-0.18	-0.18	-0.28	-0.12	-0.44	-0.21
Common Stock Shares Outstanding	0.2	0.58	0.21	0.12	0.36	0.53	-0.94	-0.03	-0.36	0.29	0.19	-0.28	-0.26		0.09	0.11	0.88	0.37	-0.3	-0.38	0.67	-0.68	0.72	0.68	0.86	0.33
Short Term Investments	0.28	0.07	-0.13	0.29	0.09	-0.54	0.01	-0.18	0.61	0.12	-0.35	0.54	0.01	0.09		0.37	-0.03	0.09	0.51	0.17	-0.17	-0.19	-0.02	-0.2	0.07	-0.33
Other Stockholder Equity	0.1	0.08	-0.26	0.1	-0.07	-0.22	0.0	-0.28	0.31	-0.05	0.0	0.49	0.09	0.11	0.37		0.05	-0.07	0.49	0.75	0.11	-0.09	0.14	0.24	0.04	0.03
Total Liab	0.33	0.58	-0.07	0.24	0.54	0.63	-0.76	-0.28	-0.45	0.46	0.2	-0.43	-0.43	0.88	-0.03	0.05		0.55	-0.42	-0.44	0.62	-0.44	0.92	0.79	0.82	0.34
Property Plant And Equipment Gross	0.9	0.66	0.07	0.87	1.0	0.17	-0.08	0.0	-0.13	0.99	0.62	-0.31	-0.47	0.37	0.09	-0.07	0.55		-0.26	-0.37	-0.21	-0.21	0.59	0.37	0.58	0.15
Total Current Assets	0.17	0.0	0.13	0.22	-0.26	-0.91	0.38	0.21	0.96	-0.13	-0.4	0.99	0.68	-0.3	0.51	0.49	-0.42	-0.26		0.81	-0.4	-0.23	-0.2	-0.2	-0.45	-0.34
Short Term Debt	-0.03	-0.13	-0.1	0.02	-0.37	-0.63	0.43	0.01	0.65	-0.27	-0.2	0.8	0.55	-0.38	0.17	0.75	-0.44	-0.37	0.81		-0.26	0.02	-0.22	-0.07	-0.49	-0.15
Current Deferred Revenue	-0.43	-0.07	-0.23	-0.51	-0.22	0.68	-0.78	-0.41	-0.55	-0.31	-0.18	-0.37	-0.18	0.67	-0.17	0.11	0.62	-0.21	-0.4	-0.26		-0.13	0.47	0.49	0.54	0.12
Inventory	-0.3	-0.68	-0.62	-0.26	-0.21	0.07	0.63	-0.48	-0.2	-0.23	-0.07	-0.24	-0.18	-0.68	-0.19	-0.09	-0.44	-0.21	-0.23	0.02	-0.13		-0.38	-0.38	-0.4	-0.17
Non Current Liabilities Total	0.49	0.6	-0.08	0.41	0.58	0.41	-0.54	-0.26	-0.23	0.55	0.16	-0.24	-0.28	0.72	-0.02	0.14	0.92	0.59	-0.2	-0.22	0.47	-0.38		0.81	0.72	0.25
Other Current Assets	0.27	0.69	0.05	0.2	0.36	0.5	-0.57	-0.13	-0.33	0.33	0.38	-0.24	-0.12	0.68	-0.2	0.24	0.79	0.37	-0.2	-0.07	0.49	-0.38	0.81		0.65	0.68
Common Stock Total Equity	0.35	0.55	0.12	0.28	0.57	0.59	-0.77	-0.11	-0.46	0.49	0.43	-0.48	-0.44	0.86	0.07	0.04	0.82	0.58	-0.45	-0.49	0.54	-0.4	0.72	0.65		0.35
Intangible Assets	0.01	0.53	0.21	-0.02	0.15	0.47	-0.33	0.11	-0.44	0.12	0.54	-0.36	-0.21	0.33	-0.33	0.03	0.34	0.15	-0.34	-0.15	0.12	-0.17	0.25	0.68	0.35

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Almaden Minerals Account Relationship Matchups

Almaden Minerals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	74.1M	76.4M	87.2M	78.1M	12.7M	12.1M
Other Current Liab	778.8K	447.6K	508.1K	104.3K	112.9K	107.2K
Total Current Liabilities	900.8K	582.5K	590.7K	428.8K	951.7K	695.9K
Total Stockholder Equity	68.6M	71.2M	80.2M	69.8M	7.0M	6.7M
Property Plant And Equipment Net	71.4M	72.8M	76.0M	70.2M	6.9M	6.6M
Net Debt	1.9M	478.8K	(6.4M)	(2.3M)	3.1M	3.2M
Retained Earnings	(76.1M)	(79.3M)	(81.9M)	(93.8M)	(157.4M)	(149.5M)
Accounts Payable	778.8K	447.6K	508.1K	236.2K	738.3K	520.1K
Cash	912.2K	2.5M	10.2M	6.7M	1.7M	1.6M
Non Current Assets Total	71.4M	72.8M	76.0M	70.2M	6.9M	6.6M
Non Currrent Assets Other	71.4M	58.6M	(9.78)	(6.84)	(4.8K)	(4.5K)
Cash And Short Term Investments	912.2K	2.5M	10.2M	6.7M	4.2M	8.0M
Net Receivables	100.2K	123.0K	92.0K	198.9K	389.9K	266.1K
Common Stock Shares Outstanding	111.7M	117.3M	133.8M	137.2M	157.8M	165.7M
Short Term Investments	0.0	1.3M	8.0M	5.1M	2.6M	3.3M
Liabilities And Stockholders Equity	74.1M	76.4M	87.2M	78.1M	12.7M	12.1M
Other Stockholder Equity	17.7M	19.2M	21.1M	22.5M	20.3M	22.4M
Total Liab	5.5M	5.3M	7.0M	8.2M	5.7M	6.0M
Property Plant And Equipment Gross	71.4M	72.8M	76.9M	71.0M	7.8M	7.4M
Total Current Assets	2.6M	3.7M	11.2M	7.9M	5.8M	5.5M
Accumulated Other Comprehensive Income	17.7M	19.2M	21.1M	22.5M	23.4M	24.5M
Short Term Debt	121.9K	135.0K	82.7K	88.3K	100.5K	95.5K
Non Current Liabilities Total	4.6M	4.7M	6.5M	7.8M	4.8M	2.8M
Other Current Assets	1.6M	955.8K	979.6K	1.0M	1.1M	842.2K
Intangible Assets	17.6K	13.48	9.78	6.84	4.8K	5.0K
Net Tangible Assets	68.6M	71.2M	80.2M	69.8M	80.3M	65.4M
Property Plant Equipment	71.4M	72.8M	76.0M	70.2M	80.7M	57.8M
Other Liab	1.9M	1.8M	2.8M	3.5M	4.0M	2.1M
Long Term Debt Total	2.7M	2.9M	3.7M	4.3M	5.0M	5.2M
Net Invested Capital	71.1M	74.0M	83.4M	73.7M	11.4M	10.8M
Net Working Capital	1.7M	3.1M	10.7M	7.5M	4.8M	5.5M

Pair Trading with Almaden Minerals

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 Almaden Minerals 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 Almaden Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Almaden Stock

0.62

ORE

Orezone Gold Corp

Pair Corr

Moving against Almaden Stock

0.73	WCN	Waste Connections	Pair Corr
0.67	FFH	Fairfax Financial	Pair Corr
0.64	CSU	Constellation Software	Pair Corr
0.5	FSV	FirstService Corp	Pair Corr
0.44	WN	George Weston Limited	Pair Corr

The ability to find closely correlated positions to Almaden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Almaden Minerals 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 Almaden Minerals - 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 Almaden Minerals to buy it.

The correlation of Almaden Minerals 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 Almaden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Almaden Minerals 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 Almaden Minerals 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.

Pair Correlation Correlation Matching

Other Information on Investing in Almaden Stock

Balance Sheet is a snapshot of the financial position of Almaden Minerals at a specified time, usually calculated after every quarter, six months, or one year. Almaden Minerals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Almaden Minerals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Almaden currently owns. An asset can also be divided into two categories, current and non-current.

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Almaden Operating Cash Flow Per Share vs Capex To Revenue Analysis

Operating Cash Flow Per Share vs Capex To Revenue

Operating Cash Flow Per Share vs Capex To Revenue Correlation Analysis

Correlation Coefficient

Operating Cash Flow Per Share

Capex To Revenue

Almaden Minerals fundamental ratios Correlations

Almaden Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Almaden Minerals fundamental ratios Accounts

Pair Trading with Almaden Minerals

Moving together with Almaden Stock

Moving against Almaden Stock

Other Information on Investing in Almaden Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Accounts Payable	+ 0.96	Total Current Liabilities

Cash	- 0.97	Net Debt
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Total Current Assets	- 0.91	Net Debt
Cash And Short Term Investments	- 0.9	Net Debt
Current Deferred Revenue	- 0.78	Retained Earnings
Common Stock Total Equity	- 0.77	Retained Earnings