Big Book Value Per Share vs Capex To Depreciation Analysis
BRAU Stock | CAD 0.09 0 2.78% |
Big Ridge financial indicator trend analysis is way more than just evaluating Big Ridge Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Ridge Gold is a good investment. Please check the relationship between Big Ridge Book Value Per Share and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Ridge Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Book Value Per Share vs Capex To Depreciation
Book Value Per Share vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Ridge Gold Book Value Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Big Ridge's Book Value Per Share and Capex To Depreciation is 0.79. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Big Ridge Gold, assuming nothing else is changed. The correlation between historical values of Big Ridge's Book Value Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Big Ridge Gold are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Book Value Per Share i.e., Big Ridge's Book Value Per Share and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.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.Most indicators from Big Ridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Ridge Gold 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 Big Ridge Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Big Ridge's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 10.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 577 K in 2024.
Big Ridge fundamental ratios Correlations
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Big Ridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Big Ridge fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.8M | 13.0M | 6.2M | 5.4M | 6.2M | 4.9M | |
Other Current Liab | 94.2K | 25K | 110.4K | 72.3K | 65.0K | 57.2K | |
Total Current Liabilities | 79.4K | 183.1K | 1.9M | 491.6K | 565.3K | 593.6K | |
Total Stockholder Equity | 4.7M | 12.8M | 4.0M | 4.8M | 5.5M | 4.6M | |
Net Debt | (140.0K) | (8.3M) | (2.0M) | (88.4K) | (79.5K) | (83.5K) | |
Retained Earnings | (22.0M) | (23.1M) | (35.9M) | (39.5M) | (35.6M) | (33.8M) | |
Accounts Payable | 54.4K | 183.1K | 1.8M | 419.3K | 482.2K | 506.3K | |
Cash | 140.0K | 8.3M | 2.0M | 88.4K | 101.6K | 96.6K | |
Cash And Short Term Investments | 394.4K | 8.8M | 2.1M | 95.9K | 110.3K | 104.7K | |
Net Receivables | 16.1K | 49.4K | 385.1K | 25.8K | 29.7K | 28.2K | |
Liabilities And Stockholders Equity | 4.8M | 13.0M | 6.2M | 5.4M | 6.2M | 4.9M | |
Total Liab | 79.4K | 185.3K | 2.2M | 641.7K | 738.0K | 774.9K | |
Total Current Assets | 2.7M | 8.9M | 2.5M | 123.4K | 141.9K | 134.8K | |
Short Term Investments | 254.3K | 530.6K | 94.0K | 7.5K | 6.8K | 6.4K | |
Other Current Assets | 8.2K | 7.8K | 41.9K | 1.7K | 1.5K | 1.5K | |
Net Tangible Assets | 3.2M | 4.7M | 12.8M | 4.0M | 4.6M | 5.9M | |
Net Invested Capital | 4.7M | 12.8M | 4.0M | 4.8M | 5.5M | 5.8M | |
Net Working Capital | 2.6M | 8.7M | 612.4K | (368.2K) | (331.4K) | (314.8K) | |
Common Stock | 21.9M | 32.8M | 36.4M | 40.4M | 46.4M | 30.8M | |
Capital Stock | 21.9M | 32.8M | 36.4M | 40.4M | 46.4M | 33.7M |
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