Aston Ptb Ratio vs Pocfratio Analysis

BAY Stock  CAD 0.07  0.01  7.14%   
Aston Bay financial indicator trend analysis is way more than just evaluating Aston Bay Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aston Bay Holdings is a good investment. Please check the relationship between Aston Bay Ptb Ratio and its Pocfratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aston Bay Holdings. 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.

Ptb Ratio vs Pocfratio

Ptb Ratio vs Pocfratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aston Bay Holdings Ptb Ratio account and Pocfratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aston Bay's Ptb Ratio and Pocfratio is -0.03. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pocfratio in the same time period over historical financial statements of Aston Bay Holdings, assuming nothing else is changed. The correlation between historical values of Aston Bay's Ptb Ratio and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Aston Bay Holdings are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Ptb Ratio i.e., Aston Bay's Ptb Ratio and Pocfratio go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Pocfratio

Most indicators from Aston Bay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aston Bay Holdings 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 Aston Bay Holdings. 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, Aston Bay's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.6 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (9.66) in 2024.
 2023 2024 (projected)
Reconciled Depreciation83.3K91.7K
Interest Income15.314.54

Aston Bay fundamental ratios Correlations

-0.290.99-0.870.390.840.84-0.17-0.290.88-0.050.72-0.24-0.340.970.31-0.120.970.050.36-0.510.680.520.370.5-0.37
-0.29-0.440.41-0.66-0.22-0.220.551.0-0.220.61-0.20.720.37-0.37-0.250.7-0.370.150.050.76-0.51-0.42-0.81-0.750.61
0.99-0.44-0.890.490.820.82-0.26-0.440.86-0.150.71-0.35-0.380.970.35-0.230.970.010.32-0.620.720.560.490.6-0.46
-0.870.41-0.89-0.31-0.97-0.970.080.41-0.960.01-0.590.210.25-0.78-0.20.22-0.78-0.12-0.10.44-0.7-0.52-0.41-0.420.32
0.39-0.660.49-0.310.130.13-0.93-0.660.13-0.890.19-0.94-0.410.560.64-0.260.56-0.43-0.07-0.960.360.250.780.97-0.84
0.84-0.220.82-0.970.131.00.12-0.220.990.150.57-0.02-0.170.710.06-0.090.710.210.12-0.250.590.430.190.24-0.12
0.84-0.220.82-0.970.131.00.12-0.220.990.150.57-0.02-0.170.710.06-0.090.710.210.12-0.250.590.430.190.24-0.12
-0.170.55-0.260.08-0.930.120.120.550.110.83-0.070.850.35-0.36-0.780.22-0.360.460.170.86-0.28-0.21-0.75-0.830.89
-0.291.0-0.440.41-0.66-0.22-0.220.55-0.220.61-0.20.720.37-0.37-0.250.7-0.370.150.050.76-0.51-0.42-0.81-0.750.61
0.88-0.220.86-0.960.130.990.990.11-0.220.160.68-0.02-0.230.760.07-0.080.760.240.15-0.260.630.460.20.26-0.13
-0.050.61-0.150.01-0.890.150.150.830.610.160.090.970.32-0.23-0.390.21-0.230.490.190.8-0.06-0.01-0.62-0.850.65
0.72-0.20.71-0.590.190.570.57-0.07-0.20.680.09-0.06-0.430.670.25-0.030.670.22-0.03-0.290.560.450.240.27-0.26
-0.240.72-0.350.21-0.94-0.02-0.020.850.72-0.020.97-0.060.39-0.41-0.470.3-0.410.420.110.89-0.27-0.19-0.76-0.920.76
-0.340.37-0.380.25-0.41-0.17-0.170.350.37-0.230.32-0.430.39-0.38-0.26-0.3-0.38-0.01-0.040.38-0.43-0.4-0.48-0.420.44
0.97-0.370.97-0.780.560.710.71-0.36-0.370.76-0.230.67-0.41-0.380.43-0.141.0-0.040.4-0.660.650.50.470.65-0.5
0.31-0.250.35-0.20.640.060.06-0.78-0.250.07-0.390.25-0.47-0.260.43-0.140.43-0.22-0.18-0.610.430.340.580.49-0.89
-0.120.7-0.230.22-0.26-0.09-0.090.220.7-0.080.21-0.030.3-0.3-0.14-0.14-0.140.150.020.41-0.31-0.25-0.44-0.340.33
0.97-0.370.97-0.780.560.710.71-0.36-0.370.76-0.230.67-0.41-0.381.00.43-0.14-0.040.4-0.660.650.50.470.65-0.5
0.050.150.01-0.12-0.430.210.210.460.150.240.490.220.42-0.01-0.04-0.220.15-0.040.250.360.080.09-0.3-0.410.31
0.360.050.32-0.1-0.070.120.120.170.050.150.19-0.030.11-0.040.4-0.180.020.40.25-0.010.180.23-0.040.020.15
-0.510.76-0.620.44-0.96-0.25-0.250.860.76-0.260.8-0.290.890.38-0.66-0.610.41-0.660.36-0.01-0.47-0.33-0.81-0.980.82
0.68-0.510.72-0.70.360.590.59-0.28-0.510.63-0.060.56-0.27-0.430.650.43-0.310.650.080.18-0.470.970.610.42-0.6
0.52-0.420.56-0.520.250.430.43-0.21-0.420.46-0.010.45-0.19-0.40.50.34-0.250.50.090.23-0.330.970.530.3-0.51
0.37-0.810.49-0.410.780.190.19-0.75-0.810.2-0.620.24-0.76-0.480.470.58-0.440.47-0.3-0.04-0.810.610.530.8-0.84
0.5-0.750.6-0.420.970.240.24-0.83-0.750.26-0.850.27-0.92-0.420.650.49-0.340.65-0.410.02-0.980.420.30.8-0.75
-0.370.61-0.460.32-0.84-0.12-0.120.890.61-0.130.65-0.260.760.44-0.5-0.890.33-0.50.310.150.82-0.6-0.51-0.84-0.75
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Aston Bay Account Relationship Matchups

Aston Bay fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets536.9K220.0K266.1K203.7K665.2K632.0K
Total Current Liabilities345.1K705.6K1.6M2.3M1.1M630.9K
Total Stockholder Equity191.7K(485.6K)(1.3M)(2.1M)(393.4K)(373.8K)
Net Debt(315.7K)285.3K459.4K712.1K(20.7K)(21.7K)
Retained Earnings(21.7M)(23.1M)(24.9M)(25.6M)(28.9M)(27.4M)
Cash315.7K19.2K56.4K3.8K552.9K548.8K
Cash And Short Term Investments315.7K19.2K56.4K3.8K552.9K548.8K
Liabilities And Stockholders Equity536.9K220.0K266.1K203.7K665.2K632.0K
Other Stockholder Equity3.5M3.8M4.0M4.0M6.2M6.5M
Total Liab345.1K705.6K1.6M2.3M1.1M630.9K
Total Current Assets370.2K53.3K99.4K120.4K665.2K714.0K
Common Stock18.4M18.9M19.5M19.6M22.3M12.2M
Net Receivables32.4K9.7K12.0K98.7K17.2K16.3K
Common Stock Shares Outstanding133.1M162.2M167.6M178.4M201.0M100.6M
Other Current Liab344.8K401.1K1.1M79.2K526.4K359.2K
Accounts Payable295.8361.05661.011.5M413.9K258.5K
Other Current Assets22.0K24.4K31.0K17.9K95.1K49.8K
Accumulated Other Comprehensive Income(15.7K)(5.0K)(3.9K)(64.3K)(75.9K)(72.1K)
Net Tangible Assets191.7K(485.6K)(1.3M)(2.1M)(1.9M)(1.8M)
Property Plant Equipment7.6M12.7M166.7K83.3K75.0K71.3K
Net Invested Capital13.7M(181.1K)(805.5K)(1.3M)251.3K238.8K
Net Working Capital25.1K(652.3K)(1.5M)(2.1M)(393.4K)(373.8K)
Capital Stock18.4M18.9M19.5M19.6M22.3M21.2M

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