Big Ev To Sales vs Ptb Ratio 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 Ev To Sales and its Ptb Ratio 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.

Ev To Sales vs Ptb Ratio

Ev To Sales vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Ridge Gold Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Big Ridge's Ev To Sales and Ptb Ratio is -0.13. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio 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 Ev To Sales and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Big Ridge Gold are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Ev To Sales i.e., Big Ridge's Ev To Sales and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

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.
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

-0.40.110.230.980.64-0.85-0.450.290.850.620.390.84-0.030.38-0.320.230.84-0.40.030.17-0.49-0.150.870.890.65
-0.40.60.0-0.39-0.560.150.45-0.08-0.15-0.48-0.95-0.18-0.19-0.07-0.16-0.01-0.231.00.35-0.27-0.290.7-0.04-0.07-0.06
0.110.60.330.04-0.14-0.310.120.250.31-0.08-0.510.27-0.020.09-0.450.310.190.60.52-0.22-0.50.730.20.20.16
0.230.00.330.030.33-0.09-0.620.990.090.40.020.030.160.63-0.361.00.00.00.88-0.4-0.640.53-0.010.01-0.28
0.98-0.390.040.030.58-0.86-0.330.090.850.540.370.86-0.070.27-0.260.030.86-0.39-0.150.25-0.38-0.270.90.920.72
0.64-0.56-0.140.330.58-0.24-0.840.380.240.980.660.2-0.070.76-0.240.370.16-0.560.24-0.21-0.55-0.370.330.43-0.07
-0.850.15-0.31-0.09-0.86-0.240.07-0.13-1.0-0.21-0.11-0.990.11-0.020.3-0.07-0.940.150.06-0.20.34-0.07-0.9-0.88-0.87
-0.450.450.12-0.62-0.33-0.840.07-0.66-0.07-0.83-0.46-0.010.13-0.890.43-0.660.020.45-0.460.430.60.19-0.13-0.20.33
0.29-0.080.250.990.090.38-0.13-0.660.130.440.090.070.170.63-0.340.990.05-0.080.84-0.36-0.620.470.030.05-0.25
0.85-0.150.310.090.850.24-1.0-0.070.130.210.110.99-0.110.02-0.30.070.94-0.15-0.060.2-0.340.070.910.890.87
0.62-0.48-0.080.40.540.98-0.21-0.830.440.210.60.18-0.070.79-0.230.440.13-0.480.34-0.2-0.61-0.270.290.4-0.11
0.39-0.95-0.510.020.370.66-0.11-0.460.090.110.60.130.140.140.110.040.17-0.95-0.230.190.19-0.620.020.070.0
0.84-0.180.270.030.860.2-0.99-0.010.070.990.180.13-0.05-0.05-0.240.010.96-0.18-0.140.33-0.260.020.890.860.89
-0.03-0.19-0.020.16-0.07-0.070.110.130.17-0.11-0.070.14-0.05-0.170.550.140.04-0.190.010.390.2-0.02-0.16-0.19-0.04
0.38-0.070.090.630.270.76-0.02-0.890.630.020.790.14-0.05-0.17-0.460.67-0.12-0.070.61-0.53-0.820.010.190.27-0.37
-0.32-0.16-0.45-0.36-0.26-0.240.30.43-0.34-0.3-0.230.11-0.240.55-0.46-0.37-0.22-0.16-0.40.340.53-0.32-0.26-0.29-0.02
0.23-0.010.311.00.030.37-0.07-0.660.990.070.440.040.010.140.67-0.37-0.02-0.010.88-0.42-0.660.5-0.020.01-0.31
0.84-0.230.190.00.860.16-0.940.020.050.940.130.170.960.04-0.12-0.22-0.02-0.23-0.190.39-0.160.010.860.830.92
-0.41.00.60.0-0.39-0.560.150.45-0.08-0.15-0.48-0.95-0.18-0.19-0.07-0.16-0.01-0.230.35-0.27-0.290.7-0.04-0.07-0.06
0.030.350.520.88-0.150.240.06-0.460.84-0.060.34-0.23-0.140.010.61-0.40.88-0.190.35-0.53-0.750.73-0.1-0.06-0.37
0.17-0.27-0.22-0.40.25-0.21-0.20.43-0.360.2-0.20.190.330.39-0.530.34-0.420.39-0.27-0.530.5-0.310.110.060.38
-0.49-0.29-0.5-0.64-0.38-0.550.340.6-0.62-0.34-0.610.19-0.260.2-0.820.53-0.66-0.16-0.29-0.750.5-0.42-0.46-0.520.0
-0.150.70.730.53-0.27-0.37-0.070.190.470.07-0.27-0.620.02-0.020.01-0.320.50.010.70.73-0.31-0.42-0.04-0.060.0
0.87-0.040.2-0.010.90.33-0.9-0.130.030.910.290.020.89-0.160.19-0.26-0.020.86-0.04-0.10.11-0.46-0.040.990.83
0.89-0.070.20.010.920.43-0.88-0.20.050.890.40.070.86-0.190.27-0.290.010.83-0.07-0.060.06-0.52-0.060.990.79
0.65-0.060.16-0.280.72-0.07-0.870.33-0.250.87-0.110.00.89-0.04-0.37-0.02-0.310.92-0.06-0.370.380.00.00.830.79
Click cells to compare fundamentals

Big Ridge Account Relationship Matchups

Big Ridge fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8M13.0M6.2M5.4M6.2M4.9M
Other Current Liab94.2K25K110.4K72.3K65.0K57.2K
Total Current Liabilities79.4K183.1K1.9M491.6K565.3K593.6K
Total Stockholder Equity4.7M12.8M4.0M4.8M5.5M4.6M
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 Payable54.4K183.1K1.8M419.3K482.2K506.3K
Cash140.0K8.3M2.0M88.4K101.6K96.6K
Cash And Short Term Investments394.4K8.8M2.1M95.9K110.3K104.7K
Net Receivables16.1K49.4K385.1K25.8K29.7K28.2K
Liabilities And Stockholders Equity4.8M13.0M6.2M5.4M6.2M4.9M
Total Liab79.4K185.3K2.2M641.7K738.0K774.9K
Total Current Assets2.7M8.9M2.5M123.4K141.9K134.8K
Short Term Investments254.3K530.6K94.0K7.5K6.8K6.4K
Other Current Assets8.2K7.8K41.9K1.7K1.5K1.5K
Net Tangible Assets3.2M4.7M12.8M4.0M4.6M5.9M
Net Invested Capital4.7M12.8M4.0M4.8M5.5M5.8M
Net Working Capital2.6M8.7M612.4K(368.2K)(331.4K)(314.8K)
Common Stock21.9M32.8M36.4M40.4M46.4M30.8M
Capital Stock21.9M32.8M36.4M40.4M46.4M33.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Big Stock Analysis

When running Big Ridge's price analysis, check to measure Big Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Big Ridge is operating at the current time. Most of Big Ridge's value examination focuses on studying past and present price action to predict the probability of Big Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Ridge's price. Additionally, you may evaluate how the addition of Big Ridge to your portfolios can decrease your overall portfolio volatility.