Defense Ev To Free Cash Flow vs Ptb Ratio Analysis

DEFN Stock  CAD 0.14  0.01  7.69%   
Defense Metals financial indicator trend analysis is much more than just examining Defense Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Defense Metals Corp is a good investment. Please check the relationship between Defense Metals Ev To Free Cash Flow and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defense Metals 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.

Ev To Free Cash Flow vs Ptb Ratio

Ev To Free Cash Flow vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Defense Metals Corp Ev To Free Cash Flow account and Ptb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Defense Metals' Ev To Free Cash Flow and Ptb Ratio is 0.48. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Defense Metals Corp, assuming nothing else is changed. The correlation between historical values of Defense Metals' Ev To Free Cash Flow 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 Free Cash Flow of Defense Metals 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 Ev To Free Cash Flow i.e., Defense Metals' Ev To Free Cash Flow and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

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 Defense Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Defense Metals 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defense Metals 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, Defense Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 163.85 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.

Defense Metals fundamental ratios Correlations

0.971.01.01.0-0.93-0.940.990.951.00.950.990.970.951.01.00.491.00.830.90.690.451.00.950.86-0.73
0.970.970.970.97-0.9-0.980.980.910.970.910.951.00.930.980.970.660.970.750.950.80.260.970.870.77-0.66
1.00.971.01.0-0.93-0.940.990.951.00.950.990.970.951.01.00.481.00.830.90.690.461.00.950.86-0.73
1.00.971.01.0-0.93-0.940.990.951.00.950.990.970.951.01.00.481.00.830.90.690.461.00.950.86-0.73
1.00.971.01.0-0.92-0.940.990.941.00.940.980.970.941.01.00.481.00.820.910.690.451.00.950.85-0.72
-0.93-0.9-0.93-0.93-0.920.92-0.93-0.98-0.92-0.98-0.95-0.9-0.98-0.94-0.92-0.59-0.93-0.92-0.86-0.78-0.5-0.94-0.93-0.90.63
-0.94-0.98-0.94-0.94-0.940.92-0.96-0.9-0.94-0.9-0.94-0.98-0.92-0.96-0.94-0.7-0.94-0.73-0.96-0.83-0.29-0.95-0.85-0.790.56
0.990.980.990.990.99-0.93-0.960.940.990.940.980.980.951.00.990.540.990.80.910.720.410.990.930.84-0.71
0.950.910.950.950.94-0.98-0.90.940.941.00.980.911.00.950.940.560.950.950.820.730.490.950.970.9-0.77
1.00.971.01.01.0-0.92-0.940.990.940.940.980.970.941.01.00.481.00.820.910.690.451.00.950.85-0.72
0.950.910.950.950.94-0.98-0.90.941.00.940.980.911.00.950.940.560.950.950.820.730.490.950.970.9-0.77
0.990.950.990.990.98-0.95-0.940.980.980.980.980.950.980.990.980.540.990.890.880.70.470.990.980.9-0.76
0.971.00.970.970.97-0.9-0.980.980.910.970.910.950.930.980.970.660.970.750.950.80.260.970.870.77-0.66
0.950.930.950.950.94-0.98-0.920.951.00.941.00.980.930.960.940.610.950.930.850.780.440.960.950.88-0.75
1.00.981.01.01.0-0.94-0.961.00.951.00.950.990.980.961.00.531.00.830.910.720.431.00.950.86-0.73
1.00.971.01.01.0-0.92-0.940.990.941.00.940.980.970.941.00.481.00.820.910.690.451.00.950.85-0.72
0.490.660.480.480.48-0.59-0.70.540.560.480.560.540.660.610.530.480.480.440.650.88-0.250.50.40.36-0.3
1.00.971.01.01.0-0.93-0.940.990.951.00.950.990.970.951.01.00.480.830.90.690.461.00.950.86-0.73
0.830.750.830.830.82-0.92-0.730.80.950.820.950.890.750.930.830.820.440.830.650.640.580.840.920.87-0.76
0.90.950.90.90.91-0.86-0.960.910.820.910.820.880.950.850.910.910.650.90.650.830.340.90.780.78-0.43
0.690.80.690.690.69-0.78-0.830.720.730.690.730.70.80.780.720.690.880.690.640.830.060.710.570.55-0.36
0.450.260.460.460.45-0.5-0.290.410.490.450.490.470.260.440.430.45-0.250.460.580.340.060.450.590.76-0.24
1.00.971.01.01.0-0.94-0.950.990.951.00.950.990.970.961.01.00.51.00.840.90.710.450.950.86-0.73
0.950.870.950.950.95-0.93-0.850.930.970.950.970.980.870.950.950.950.40.950.920.780.570.590.950.93-0.8
0.860.770.860.860.85-0.9-0.790.840.90.850.90.90.770.880.860.850.360.860.870.780.550.760.860.93-0.58
-0.73-0.66-0.73-0.73-0.720.630.56-0.71-0.77-0.72-0.77-0.76-0.66-0.75-0.73-0.72-0.3-0.73-0.76-0.43-0.36-0.24-0.73-0.8-0.58
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Defense Metals Account Relationship Matchups

Defense Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0M4.1M25.3M32.7M37.7M39.5M
Total Current Liabilities207.3K327.9K668.6K656.5K755.0K792.7K
Total Stockholder Equity1.8M3.8M24.6M32.1M36.9M38.7M
Net Tangible Assets1.8M3.8M24.6M32.1M36.9M38.7M
Property Plant And Equipment Net1.8M2.9M24.1M30.3M34.8M36.6M
Net Debt(166.2K)(849.5K)(724.8K)(1.8M)(1.6M)(1.5M)
Retained Earnings(3.5M)(6.1M)(9.9M)(12.6M)(11.4M)(10.8M)
Accounts Payable40.0K69.1K222.9K262.6K302.0K317.1K
Cash166.2K849.5K724.8K1.8M2.0M2.1M
Non Current Assets Total1.8M3.0M24.3M30.7M35.3M37.1M
Cash And Short Term Investments166.2K849.5K724.8K1.8M2.0M2.1M
Common Stock Shares Outstanding31.5M53.0M95.9M178.5M205.2M215.5M
Liabilities And Stockholders Equity2.0M4.1M25.3M32.7M37.7M39.5M
Total Liab207.3K327.9K668.6K656.5K755.0K792.7K
Total Current Assets208.9K1.2M976.7K2.0M2.4M2.5M
Common Stock4.7M8.5M30.3M40.0M46.0M48.2M
Property Plant Equipment1.8M3.0M24.1M30.3M34.8M36.6M
Other Stockholder Equity307.5K618.7K1.5M626.6K720.6K688.2K
Net Invested Capital1.8M3.8M24.6M32.1M36.9M38.7M
Accumulated Other Comprehensive Income618.7K1.5M3.6M4.8M5.5M5.8M
Net Working Capital1.6K855.0K308.1K1.4M1.6M1.7M
Other Current Liab207.3K327.9K668.6K656.5K755.0K421.9K
Net Receivables9.6K301.8K206.8K189.8K218.3K161.9K
Other Current Assets33.1K31.6K45.1K94.2K108.3K59.0K
Capital Stock4.7M8.5M30.3M40.0M46.0M48.2M

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