| BKM Stock | | | CAD 0.85 0.15 15.00% |
Pacific Booker financial indicator trend analysis is much more than just breaking down Pacific Booker Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pacific Booker Minerals is a good investment. Please check the relationship between Pacific Booker Capex To Depreciation and its Roic accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Pacific Booker 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.
Capex To Depreciation vs Roic
Capex To Depreciation vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pacific Booker Minerals Capex To Depreciation account and
Roic. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Pacific Booker's Capex To Depreciation and Roic is 0.17. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Roic in the same time period over historical financial statements of Pacific Booker Minerals, assuming nothing else is changed. The correlation between historical values of Pacific Booker's Capex To Depreciation and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Pacific Booker Minerals are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Capex To Depreciation i.e., Pacific Booker's Capex To Depreciation and Roic go up and down completely randomly.
Correlation Coefficient | 0.17 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
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.
Most indicators from Pacific Booker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pacific Booker 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 Pacific Booker 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.
Selling General Administrative is likely to drop to about 168.8
K in 2024.
Issuance Of Capital Stock is likely to drop to about 128.2
K in 2024
Pacific Booker fundamental ratios Correlations
Click cells to compare fundamentals
Pacific Booker Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pacific Booker fundamental ratios Accounts
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Additional Tools for Pacific Stock Analysis
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