BMET Stock | | | CAD 0.05 0 5.00% |
BeMetals Corp financial indicator trend analysis is way more than just evaluating BeMetals Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BeMetals Corp is a good investment. Please check the relationship between BeMetals Corp Roic and its Free Cash Flow Per Share accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BeMetals 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 estimate.
Roic vs Free Cash Flow Per Share
Roic vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BeMetals Corp Roic account and
Free Cash Flow Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BeMetals Corp's Roic and Free Cash Flow Per Share is -0.02. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of BeMetals Corp, assuming nothing else is changed. The correlation between historical values of BeMetals Corp's Roic and Free Cash Flow 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 BeMetals Corp are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Roic i.e., BeMetals Corp's Roic and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from BeMetals Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BeMetals 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 BeMetals 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 estimate.
Enterprise Value is likely to climb to about 25
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.1
M in 2024.
BeMetals Corp fundamental ratios Correlations
Click cells to compare fundamentals
BeMetals Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BeMetals Corp fundamental ratios Accounts
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