Chesapeake Free Cash Flow Yield vs Ptb Ratio Analysis

CKG Stock

CAD 0.99 0.04 3.88%

Chesapeake Gold financial indicator trend analysis is way more than just evaluating Chesapeake Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chesapeake Gold Corp is a good investment. Please check the relationship between Chesapeake Gold Free Cash Flow Yield and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chesapeake Gold 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 board of governors.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chesapeake Gold Corp Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have weak relationship.

The correlation between Chesapeake Gold's Free Cash Flow Yield and Ptb Ratio is 0.3. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Chesapeake Gold Corp, assuming nothing else is changed. The correlation between historical values of Chesapeake Gold's Free Cash Flow Yield 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 Free Cash Flow Yield of Chesapeake Gold Corp 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 Free Cash Flow Yield i.e., Chesapeake Gold's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

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Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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 Chesapeake Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chesapeake Gold 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 Chesapeake Gold 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 board of governors.

At this time, Chesapeake Gold's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 329.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	104K	4K	2K	1.9K
Depreciation And Amortization	14K	9K	10K	9.5K

Interest Expense Depreciation And Amortization

Chesapeake Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Total	Other Current Assets	Short Long Term Debt Total	Common Stock	Other Liab	Net Tangible Assets	Other Assets	Long Term Investments
Total Assets		0.68	-0.07	1.0	0.76	-0.23	-0.82	-0.32	0.22	0.97	-0.18	0.15	0.46	0.97	-0.34	-0.19	0.68	0.19	0.91	0.31	0.63	0.83	0.78	0.77	-0.25	0.48
Other Current Liab	0.68		-0.24	0.69	0.76	0.31	-0.76	-0.56	-0.3	0.77	-0.26	-0.38	0.24	0.71	-0.66	-0.11	0.39	-0.35	0.61	0.21	0.3	0.72	0.61	0.61	-0.28	0.51
Total Current Liabilities	-0.07	-0.24		-0.14	-0.03	0.39	0.01	0.91	-0.39	-0.01	0.94	-0.28	0.27	-0.03	0.57	0.87	0.6	-0.27	0.1	-0.19	0.34	-0.17	-0.13	-0.15	0.01	-0.22
Total Stockholder Equity	1.0	0.69	-0.14		0.75	-0.24	-0.8	-0.38	0.23	0.97	-0.23	0.16	0.41	0.96	-0.39	-0.23	0.62	0.19	0.88	0.34	0.58	0.85	0.78	0.78	-0.23	0.51
Property Plant And Equipment Net	0.76	0.76	-0.03	0.75		0.11	-0.91	-0.35	-0.07	0.79	-0.14	-0.1	0.69	0.8	-0.53	-0.06	0.7	-0.07	0.8	-0.04	0.6	0.76	0.7	0.68	-0.59	0.39
Net Debt	-0.23	0.31	0.39	-0.24	0.11		-0.1	0.24	-0.99	-0.01	0.42	-0.98	-0.1	-0.07	-0.13	0.58	0.19	-0.98	-0.04	-0.19	0.02	-0.06	-0.08	-0.18	-0.14	-0.19
Retained Earnings	-0.82	-0.76	0.01	-0.8	-0.91	-0.1		0.35	0.06	-0.85	0.19	0.08	-0.46	-0.84	0.33	0.16	-0.75	0.06	-0.89	0.02	-0.8	-0.61	-0.53	-0.51	0.28	-0.49
Accounts Payable	-0.32	-0.56	0.91	-0.38	-0.35	0.24	0.35		-0.26	-0.29	0.92	-0.14	0.13	-0.28	0.74	0.82	0.33	-0.14	-0.14	-0.18	0.1	-0.39	-0.3	-0.34	0.07	-0.43
Cash	0.22	-0.3	-0.39	0.23	-0.07	-0.99	0.06	-0.26		0.0	-0.44	0.99	0.13	0.06	0.11	-0.59	-0.18	0.99	0.03	0.15	0.0	0.05	0.08	0.17	0.11	0.21
Non Current Assets Total	0.97	0.77	-0.01	0.97	0.79	-0.01	-0.85	-0.29	0.0		-0.1	-0.07	0.42	0.98	-0.39	-0.08	0.71	-0.03	0.92	0.3	0.62	0.85	0.78	0.75	-0.28	0.46
Non Currrent Assets Other	-0.18	-0.26	0.94	-0.23	-0.14	0.42	0.19	0.92	-0.44	-0.1		-0.35	0.21	-0.12	0.51	0.93	0.44	-0.34	-0.05	-0.11	0.09	-0.15	-0.1	-0.09	-0.01	-0.24
Cash And Short Term Investments	0.15	-0.38	-0.28	0.16	-0.1	-0.98	0.08	-0.14	0.99	-0.07	-0.35		0.16	0.0	0.24	-0.51	-0.13	1.0	0.01	0.06	0.05	-0.05	-0.01	0.09	0.13	0.16
Net Receivables	0.46	0.24	0.27	0.41	0.69	-0.1	-0.46	0.13	0.13	0.42	0.21	0.16		0.49	-0.12	0.26	0.65	0.21	0.55	-0.26	0.43	0.54	0.59	0.52	-0.76	-0.15
Common Stock Shares Outstanding	0.97	0.71	-0.03	0.96	0.8	-0.07	-0.84	-0.28	0.06	0.98	-0.12	0.0	0.49		-0.36	-0.12	0.73	0.04	0.95	0.18	0.67	0.86	0.82	0.77	-0.33	0.4
Short Term Investments	-0.34	-0.66	0.57	-0.39	-0.53	-0.13	0.33	0.74	0.11	-0.39	0.51	0.24	-0.12	-0.36		0.31	0.11	0.23	-0.16	-0.2	0.24	-0.68	-0.63	-0.58	0.45	-0.35
Other Stockholder Equity	-0.19	-0.11	0.87	-0.23	-0.06	0.58	0.16	0.82	-0.59	-0.08	0.93	-0.51	0.26	-0.12	0.31		0.4	-0.5	-0.08	-0.06	-0.01	-0.07	-0.02	-0.11	-0.21	-0.33
Total Liab	0.68	0.39	0.6	0.62	0.7	0.19	-0.75	0.33	-0.18	0.71	0.44	-0.13	0.65	0.73	0.11	0.4		-0.1	0.84	-0.15	0.85	0.48	0.48	0.43	-0.32	0.15
Total Current Assets	0.19	-0.35	-0.27	0.19	-0.07	-0.98	0.06	-0.14	0.99	-0.03	-0.34	1.0	0.21	0.04	0.23	-0.5	-0.1		0.05	0.07	0.07	-0.01	0.03	0.12	0.1	0.15
Non Current Liabilities Total	0.91	0.61	0.1	0.88	0.8	-0.04	-0.89	-0.14	0.03	0.92	-0.05	0.01	0.55	0.95	-0.16	-0.08	0.84	0.05		0.01	0.85	0.7	0.67	0.61	-0.32	0.3
Other Current Assets	0.31	0.21	-0.19	0.34	-0.04	-0.19	0.02	-0.18	0.15	0.3	-0.11	0.06	-0.26	0.18	-0.2	-0.06	-0.15	0.07	0.01		-0.26	0.24	0.15	0.17	0.1	0.29
Short Long Term Debt Total	0.63	0.3	0.34	0.58	0.6	0.02	-0.8	0.1	0.0	0.62	0.09	0.05	0.43	0.67	0.24	-0.01	0.85	0.07	0.85	-0.26		0.25	0.23	0.19	-0.08	0.18
Common Stock	0.83	0.72	-0.17	0.85	0.76	-0.06	-0.61	-0.39	0.05	0.85	-0.15	-0.05	0.54	0.86	-0.68	-0.07	0.48	-0.01	0.7	0.24	0.25		0.97	0.94	-0.52	0.38
Other Liab	0.78	0.61	-0.13	0.78	0.7	-0.08	-0.53	-0.3	0.08	0.78	-0.1	-0.01	0.59	0.82	-0.63	-0.02	0.48	0.03	0.67	0.15	0.23	0.97		0.91	-0.59	0.24
Net Tangible Assets	0.77	0.61	-0.15	0.78	0.68	-0.18	-0.51	-0.34	0.17	0.75	-0.09	0.09	0.52	0.77	-0.58	-0.11	0.43	0.12	0.61	0.17	0.19	0.94	0.91		-0.39	0.47
Other Assets	-0.25	-0.28	0.01	-0.23	-0.59	-0.14	0.28	0.07	0.11	-0.28	-0.01	0.13	-0.76	-0.33	0.45	-0.21	-0.32	0.1	-0.32	0.1	-0.08	-0.52	-0.59	-0.39		0.28
Long Term Investments	0.48	0.51	-0.22	0.51	0.39	-0.19	-0.49	-0.43	0.21	0.46	-0.24	0.16	-0.15	0.4	-0.35	-0.33	0.15	0.15	0.3	0.29	0.18	0.38	0.24	0.47	0.28

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Chesapeake Gold Account Relationship Matchups

Chesapeake Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	105.1M	128.3M	172.9M	164.6M	164.3M	99.4M
Other Current Liab	1.4M	1.1M	1.5M	1.7M	1.8M	1.3M
Total Current Liabilities	2.1M	1.8M	2.2M	1.7M	1.8M	2.5M
Total Stockholder Equity	94.8M	117.5M	160.5M	151.0M	149.0M	87.0M
Property Plant And Equipment Net	87.0M	89.6M	93.2M	136.4M	141.9M	149.0M
Net Debt	(14.5M)	(33.5M)	(31.1M)	(25.7M)	(19.8M)	(20.8M)
Retained Earnings	(93.8M)	(95.7M)	(102.8M)	(112.0M)	(117.7M)	(111.8M)
Accounts Payable	238.6	458.0	2.4K	1.6K	1.8K	1.7K
Cash	15.3M	34.2M	31.8M	25.7M	19.8M	24.5M
Non Current Assets Total	87.7M	92.0M	139.9M	137.6M	142.7M	71.4M
Non Currrent Assets Other	261.3K	348.7K	257K	270K	356K	338.2K
Cash And Short Term Investments	16.8M	35.8M	32.2M	25.7M	19.8M	27.3M
Net Receivables	357.5K	312.6K	419K	822K	1.1M	1.1M
Common Stock Shares Outstanding	46.9M	52.9M	66.7M	67.4M	77.5M	44.3M
Short Term Investments	1.5M	1.5M	336K	0.0	(464.5K)	(441.3K)
Liabilities And Stockholders Equity	105.1M	128.3M	172.9M	164.6M	164.3M	99.4M
Other Stockholder Equity	25.3M	25.9M	1.1M	28.5M	25.6M	35.7M
Total Liab	8.7M	8.9M	10.6M	11.0M	12.9M	10.6M
Total Current Assets	17.4M	36.3M	33.0M	27.0M	21.6M	28.0M
Accumulated Other Comprehensive Income	25.9M	26.0M	28.5M	28.1M	31.8M	17.1M
Non Current Liabilities Total	6.5M	7.1M	8.4M	9.3M	11.1M	6.4M
Other Current Assets	192.3K	216K	397K	551K	1.8K	1.7K
Common Stock	148.4M	162.7M	186.0M	234.9M	270.1M	191.4M
Other Liab	6.3M	6.5M	7.1M	8.4M	9.7M	7.5M
Net Tangible Assets	81.4M	94.8M	117.5M	115.4M	132.7M	102.7M
Other Assets	205.8K	249.2K	261.3K	349K	257K	0.0
Long Term Investments	442.2K	2.0M	1.3M	890K	465K	894.9K
Property Plant Equipment	73.4M	87.0M	89.6M	93.2M	107.2M	83.6M
Current Deferred Revenue	(293.5K)	(238.6)	(458.0)	(2.4K)	(2.7K)	(2.9K)
Net Invested Capital	95.5M	118.2M	161.2M	151.0M	149.0M	132.3M
Net Working Capital	15.2M	34.6M	30.7M	25.3M	19.8M	25.1M

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