| ENDR Stock | | | CAD 0.17 0.01 5.56% |
Enduro Metals financial indicator trend analysis is much more than just examining Enduro Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enduro Metals Corp is a good investment. Please check the relationship between Enduro Metals Roic and its Free Cash Flow Yield accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enduro 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 metropolitan statistical area.
Roic vs Free Cash Flow Yield
Roic vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Enduro Metals Corp Roic account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Enduro Metals' Roic and Free Cash Flow Yield is 0.17. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Enduro Metals Corp, assuming nothing else is changed. The correlation between historical values of Enduro Metals' Roic and Free Cash Flow Yield 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 Enduro Metals Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Roic i.e., Enduro Metals' Roic and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.17 |
| Relationship Direction | Positive |
| 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 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.
Most indicators from Enduro Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enduro 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 Enduro 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 metropolitan statistical area.
Selling General Administrative is likely to climb to about 1.7
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Enduro Metals fundamental ratios Correlations
Click cells to compare fundamentals
Enduro Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enduro Metals fundamental ratios Accounts
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Additional Tools for Enduro Stock Analysis
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measure Enduro Metals' 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 Enduro Metals is operating at the current time. Most of Enduro Metals' value examination focuses on studying past and present price action to
predict the probability of Enduro Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enduro Metals' price. Additionally, you may evaluate how the addition of Enduro Metals to your portfolios can decrease your overall portfolio volatility.