Finlay Book Value Per Share vs Pb Ratio Analysis

FYL Stock  CAD 0.03  0.01  50.00%   
Finlay Minerals financial indicator trend analysis is much more than just examining Finlay Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finlay Minerals is a good investment. Please check the relationship between Finlay Minerals Book Value Per Share and its Pb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finlay Minerals. 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.

Book Value Per Share vs Pb Ratio

Book Value Per Share vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Finlay Minerals Book Value Per Share account and Pb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Finlay Minerals' Book Value Per Share and Pb Ratio is -0.66. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Finlay Minerals, assuming nothing else is changed. The correlation between historical values of Finlay Minerals' Book Value Per Share and Pb 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 Book Value Per Share of Finlay Minerals are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Book Value Per Share i.e., Finlay Minerals' Book Value Per Share and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Pb Ratio

Most indicators from Finlay Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finlay Minerals 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 Finlay Minerals. 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, Finlay Minerals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 48.08 in 2024, despite the fact that Tax Provision is likely to grow to (13.7 K).

Finlay Minerals fundamental ratios Correlations

0.310.411.0-0.41-0.860.410.980.480.360.770.950.50.980.980.290.91-0.050.950.660.710.650.680.460.620.64
0.310.970.31-0.86-0.20.860.170.830.220.130.310.820.270.160.580.28-0.250.210.060.270.380.140.50.430.28
0.410.970.41-0.88-0.360.880.260.870.30.310.380.860.40.260.680.37-0.20.320.20.390.460.270.580.550.44
1.00.310.41-0.42-0.880.420.980.50.380.790.930.520.990.980.340.92-0.070.950.70.750.670.720.480.650.68
-0.41-0.86-0.88-0.420.36-1.0-0.24-0.98-0.4-0.31-0.34-0.98-0.4-0.25-0.74-0.340.29-0.38-0.31-0.48-0.48-0.38-0.86-0.78-0.51
-0.86-0.2-0.36-0.880.36-0.37-0.83-0.46-0.21-0.98-0.75-0.47-0.94-0.85-0.45-0.870.23-0.91-0.84-0.8-0.77-0.81-0.45-0.67-0.82
0.410.860.880.42-1.0-0.370.240.980.390.330.340.980.40.240.740.34-0.290.380.320.480.490.390.860.780.52
0.980.170.260.98-0.24-0.830.240.320.310.740.950.330.961.00.150.90.010.930.620.640.580.620.320.490.55
0.480.830.870.5-0.98-0.460.980.320.370.420.381.00.480.320.790.44-0.320.450.460.60.580.520.870.840.62
0.360.220.30.38-0.4-0.210.390.310.370.230.250.40.330.310.440.270.00.340.220.40.240.330.490.50.44
0.770.130.310.79-0.31-0.980.330.740.420.230.630.430.870.760.490.8-0.260.850.870.810.770.840.430.660.86
0.950.310.380.93-0.34-0.750.340.950.380.250.630.390.910.950.050.830.030.90.440.450.490.430.330.420.39
0.50.820.860.52-0.98-0.470.980.331.00.40.430.390.50.340.80.45-0.320.470.470.620.590.540.880.860.64
0.980.270.40.99-0.4-0.940.40.960.480.330.870.910.50.970.360.92-0.090.960.740.760.70.750.470.650.72
0.980.160.260.98-0.25-0.850.241.00.320.310.760.950.340.970.160.90.00.940.630.650.580.630.320.50.57
0.290.580.680.34-0.74-0.450.740.150.790.440.490.050.80.360.160.33-0.30.270.60.760.580.690.720.820.82
0.910.280.370.92-0.34-0.870.340.90.440.270.80.830.450.920.90.33-0.260.890.740.760.860.740.320.560.64
-0.05-0.25-0.2-0.070.290.23-0.290.01-0.320.0-0.260.03-0.32-0.090.0-0.3-0.26-0.2-0.36-0.32-0.53-0.32-0.16-0.26-0.26
0.950.210.320.95-0.38-0.910.380.930.450.340.850.90.470.960.940.270.89-0.20.730.690.690.70.460.620.66
0.660.060.20.7-0.31-0.840.320.620.460.220.870.440.470.740.630.60.74-0.360.730.940.780.980.510.760.89
0.710.270.390.75-0.48-0.80.480.640.60.40.810.450.620.760.650.760.76-0.320.690.940.790.980.60.850.95
0.650.380.460.67-0.48-0.770.490.580.580.240.770.490.590.70.580.580.86-0.530.690.780.790.780.410.650.71
0.680.140.270.72-0.38-0.810.390.620.520.330.840.430.540.750.630.690.74-0.320.70.980.980.780.560.820.94
0.460.50.580.48-0.86-0.450.860.320.870.490.430.330.880.470.320.720.32-0.160.460.510.60.410.560.930.67
0.620.430.550.65-0.78-0.670.780.490.840.50.660.420.860.650.50.820.56-0.260.620.760.850.650.820.930.87
0.640.280.440.68-0.51-0.820.520.550.620.440.860.390.640.720.570.820.64-0.260.660.890.950.710.940.670.87
Click cells to compare fundamentals

Finlay Minerals Account Relationship Matchups

Finlay Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3M9.2M12.0M11.6M11.9M7.8M
Other Current Liab194.1K4.5K143.1K26.7K4.1K3.9K
Total Current Liabilities224.6K15.7K190.4K59.9K38.1K63.1K
Total Stockholder Equity7.6M7.6M10.1M9.9M10.2M6.4M
Net Debt(1.1M)(226.1K)(1.9M)(216.6K)(304.2K)(319.4K)
Retained Earnings(3.2M)(3.3M)(4.2M)(4.6M)(5.0M)(4.8M)
Cash1.1M226.1K1.9M216.6K304.2K380.7K
Non Current Assets Total8.2M8.9M10.0M11.3M11.2M7.2M
Cash And Short Term Investments1.1M292.6K1.9M280.4K641.0K398.9K
Net Receivables2.0K18.1K35.3K35.7K2.5K2.4K
Common Stock Shares Outstanding77.3M93.3M107.7M126.5M133.8M140.5M
Liabilities And Stockholders Equity9.3M9.2M12.0M11.6M11.9M7.8M
Total Liab1.7M1.7M1.9M1.8M1.7M1.4M
Total Current Assets1.1M325.4K2.0M345.5K695.0K424.9K
Property Plant And Equipment Net8.1M8.8M9.9M11.2M11.1M7.4M
Accounts Payable30.5K11.2K47.2K33.1K34.1K27.8K
Non Current Liabilities Total1.5M1.6M1.7M1.7M1.7M1.6M
Other Liab1.6M1.5M1.6M1.7M2.0M1.7M
Net Tangible Assets6.9M7.6M7.6M10.1M11.6M7.9M
Property Plant Equipment8.1M8.1M8.8M9.9M11.4M9.1M
Short Term Investments38.5K66.6K1.3M63.8K336.8K229.1K
Other Current Assets10.9K14.6K88.2K29.4K51.5K27.1K
Net Invested Capital7.6M7.6M10.1M9.9M10.2M9.3M
Net Working Capital885.9K309.7K1.8M285.7K656.9K707.2K

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Additional Tools for Finlay Stock Analysis

When running Finlay Minerals' price analysis, check to measure Finlay Minerals' 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 Finlay Minerals is operating at the current time. Most of Finlay Minerals' value examination focuses on studying past and present price action to predict the probability of Finlay Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finlay Minerals' price. Additionally, you may evaluate how the addition of Finlay Minerals to your portfolios can decrease your overall portfolio volatility.