Giga Pb Ratio vs Net Income Per Share Analysis

GIGA Stock  CAD 0.11  0.01  8.33%   
Giga Metals financial indicator trend analysis is much more than just examining Giga Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Giga Metals Corp is a good investment. Please check the relationship between Giga Metals Pb Ratio and its Net Income Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga 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 nation.

Pb Ratio vs Net Income Per Share

Pb Ratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Giga Metals Corp Pb Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have weak relationship.
The correlation between Giga Metals' Pb Ratio and Net Income Per Share is 0.31. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Giga Metals Corp, assuming nothing else is changed. The correlation between historical values of Giga Metals' Pb Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Giga Metals Corp are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Pb Ratio i.e., Giga Metals' Pb Ratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Pb Ratio

Net Income Per Share

Most indicators from Giga Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Giga 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Giga 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 nation.
Selling General Administrative is likely to drop to about 1.5 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2023 2024 (projected)
Non Recurring19.4K16.7K
Interest Income123.1K129.3K

Giga Metals fundamental ratios Correlations

0.240.990.75-0.090.340.070.090.980.390.03-0.220.120.44-0.010.320.33-0.26-0.210.46-0.31-0.43-0.050.310.680.62
0.240.150.11-0.62-0.320.920.640.110.060.670.380.740.930.70.430.84-0.170.410.8-0.02-0.160.40.680.010.52
0.990.150.74-0.010.40.00.020.990.41-0.04-0.220.030.35-0.080.250.26-0.27-0.240.38-0.3-0.44-0.120.210.710.56
0.750.110.74-0.040.15-0.080.060.75-0.270.0-0.210.250.29-0.030.320.24-0.14-0.150.32-0.25-0.170.210.360.430.55
-0.09-0.62-0.01-0.040.45-0.59-1.00.070.17-0.940.07-0.55-0.6-0.89-0.46-0.370.15-0.54-0.470.2-0.25-0.41-0.470.23-0.14
0.34-0.320.40.150.45-0.17-0.470.430.36-0.52-0.29-0.7-0.33-0.55-0.77-0.16-0.22-0.48-0.10.6-0.62-0.82-0.450.880.14
0.070.920.0-0.08-0.59-0.170.6-0.060.060.660.370.560.740.690.150.69-0.20.50.620.21-0.150.210.50.060.4
0.090.640.020.06-1.0-0.470.6-0.07-0.180.94-0.060.590.630.890.470.41-0.150.530.5-0.210.250.440.49-0.240.15
0.980.110.990.750.070.43-0.06-0.070.42-0.14-0.270.00.32-0.190.220.25-0.22-0.340.38-0.26-0.49-0.130.230.730.6
0.390.060.41-0.270.170.360.06-0.180.42-0.21-0.03-0.250.13-0.21-0.10.16-0.12-0.260.16-0.06-0.45-0.44-0.170.410.08
0.030.67-0.040.0-0.94-0.520.660.94-0.14-0.210.170.630.590.980.480.42-0.170.690.39-0.230.320.430.43-0.30.08
-0.220.38-0.22-0.210.07-0.290.37-0.06-0.27-0.030.170.240.20.330.150.29-0.110.31-0.02-0.150.290.07-0.13-0.27-0.23
0.120.740.030.25-0.55-0.70.560.590.0-0.250.630.240.780.650.720.70.040.530.64-0.310.130.840.81-0.370.4
0.440.930.350.29-0.6-0.330.740.630.320.130.590.20.780.590.590.82-0.150.230.93-0.18-0.20.510.790.080.63
-0.010.7-0.08-0.03-0.89-0.550.690.89-0.19-0.210.980.330.650.590.490.45-0.180.740.36-0.250.360.430.39-0.340.03
0.320.430.250.32-0.46-0.770.150.470.22-0.10.480.150.720.590.490.310.030.310.38-0.820.320.780.65-0.420.29
0.330.840.260.24-0.37-0.160.690.410.250.160.420.290.70.820.450.31-0.10.230.760.05-0.30.30.570.10.5
-0.26-0.17-0.27-0.140.15-0.22-0.2-0.15-0.22-0.12-0.17-0.110.04-0.15-0.180.03-0.1-0.24-0.15-0.090.180.12-0.01-0.34-0.21
-0.210.41-0.24-0.15-0.54-0.480.50.53-0.34-0.260.690.310.530.230.740.310.23-0.240.03-0.10.240.40.28-0.38-0.06
0.460.80.380.32-0.47-0.10.620.50.380.160.39-0.020.640.930.360.380.76-0.150.030.08-0.390.410.780.290.71
-0.31-0.02-0.3-0.250.20.60.21-0.21-0.26-0.06-0.23-0.15-0.31-0.18-0.25-0.820.05-0.09-0.10.08-0.47-0.43-0.140.420.1
-0.43-0.16-0.44-0.17-0.25-0.62-0.150.25-0.49-0.450.320.290.13-0.20.360.32-0.30.180.24-0.39-0.470.41-0.17-0.73-0.5
-0.050.4-0.120.21-0.41-0.820.210.44-0.13-0.440.430.070.840.510.430.780.30.120.40.41-0.430.410.77-0.550.32
0.310.680.210.36-0.47-0.450.50.490.23-0.170.43-0.130.810.790.390.650.57-0.010.280.78-0.14-0.170.77-0.060.77
0.680.010.710.430.230.880.06-0.240.730.41-0.3-0.27-0.370.08-0.34-0.420.1-0.34-0.380.290.42-0.73-0.55-0.060.49
0.620.520.560.55-0.140.140.40.150.60.080.08-0.230.40.630.030.290.5-0.21-0.060.710.1-0.50.320.770.49
Click cells to compare fundamentals

Giga Metals Account Relationship Matchups

Giga Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7M10.2M15.0M25.2M23.3M17.4M
Total Current Liabilities459.9K218.9K442.9K705.6K395.5K285.9K
Total Stockholder Equity6.9M9.6M14.1M20.5M19.0M16.5M
Property Plant And Equipment Net4.7M6.1M12.6M17.3M21.1M22.1M
Net Debt(1.3M)(3.5M)(1.3M)(7.0M)(1.4M)(1.5M)
Retained Earnings(56.0M)(58.0M)(60.8M)(59.0M)(60.9M)(57.9M)
Accounts Payable235.4K81.3K278.2K432.4K127.5K146.7K
Cash1.6M3.8M1.5M7.2M1.5M1.9M
Non Current Assets Total5.0M6.3M13.1M17.7M21.5M14.9M
Cash And Short Term Investments1.6M3.8M1.5M7.2M1.5M2.1M
Net Receivables1.1M103.7K279.5K75.1K97.3K92.4K
Common Stock Shares Outstanding51.2M60.5M80.8M96.6M97.9M102.8M
Liabilities And Stockholders Equity7.7M10.2M15.0M25.2M23.3M17.4M
Total Liab877.2K663.1K935.4K1.4M1.0M617.2K
Total Current Assets2.8M4.0M1.9M7.5M1.8M2.5M
Common Stock55.1M60.2M65.2M68.6M78.9M56.7M
Other Current Liab148.4K49.4K63.0K180.9K158.6K166.5K
Other Stockholder Equity7.8M7.4M9.6M10.8M9.7M14.5M
Accumulated Other Comprehensive Income7.8M(933.0)(3.2K)9.8K11.3M11.8M
Other Current Assets64.4K87.5K160.3K184.9K143.8K190.2K
Non Current Liabilities Total417.4K444.2K492.5K664.5K620.1K340.2K
Net Tangible Assets6.8M6.9M9.6M14.1M12.6M7.6M
Property Plant Equipment2.4M4.7M6.1M12.6M11.4M6.1M
Net Invested Capital6.9M9.6M14.1M20.5M19.0M12.8M
Net Working Capital2.3M3.7M1.5M6.8M1.4M1.3M
Capital Stock55.1M60.2M65.2M68.6M78.9M68.1M

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