Inventus Free Cash Flow Yield vs Capex To Depreciation Analysis
IVS Stock | CAD 0.08 0.01 14.29% |
Inventus Mining financial indicator trend analysis is infinitely more than just investigating Inventus Mining Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inventus Mining Corp is a good investment. Please check the relationship between Inventus Mining Free Cash Flow Yield and its Capex To Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inventus Mining 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 Capex To Depreciation
Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inventus Mining Corp Free Cash Flow Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Inventus Mining's Free Cash Flow Yield and Capex To Depreciation is 0.11. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Inventus Mining Corp, assuming nothing else is changed. The correlation between historical values of Inventus Mining's Free Cash Flow Yield and Capex To Depreciation 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 Inventus Mining Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Yield i.e., Inventus Mining's Free Cash Flow Yield and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Inventus Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inventus Mining 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 Inventus Mining 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. Selling General Administrative is likely to drop to about 173.2 K in 2024. Issuance Of Capital Stock is likely to drop to about 285 K in 2024
Inventus Mining fundamental ratios Correlations
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Inventus Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inventus Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 117.7K | 1.9M | 881.4K | 888.1K | 492.4K | 467.8K | |
Total Current Liabilities | 127.4K | 97.9K | 664.9K | 418.5K | 241.7K | 259.2K | |
Total Stockholder Equity | (61.8K) | 1.7M | 126.3K | 353.2K | 110.9K | 105.3K | |
Net Debt | 44.7K | (403.9K) | (368.5K) | (688.8K) | (224.0K) | (235.2K) | |
Retained Earnings | (24.9M) | (24.9M) | (29.0M) | (31.0M) | (31.5M) | (29.9M) | |
Accounts Payable | 59.0K | 108.9K | 74.7K | 528.5K | 607.7K | 638.1K | |
Cash | 26.0K | 496.0K | 437.4K | 724.9K | 289.6K | 275.2K | |
Non Current Assets Total | 64.2K | 158.5K | 137.8K | 116.4K | 186.2K | 176.9K | |
Cash And Short Term Investments | 26.0K | 1.7M | 692.2K | 724.9K | 289.6K | 275.2K | |
Net Receivables | 13.4K | 21.1K | 32.2K | 27.8K | 964.0 | 915.8 | |
Common Stock Shares Outstanding | 110.3M | 122.2M | 132.1M | 141.8M | 166.9M | 175.2M | |
Liabilities And Stockholders Equity | 117.7K | 1.9M | 881.4K | 888.1K | 492.4K | 467.8K | |
Other Stockholder Equity | 5.4M | 5.7M | 6.0M | 6.2M | 6.2M | 6.4M | |
Total Liab | 179.6K | 166.9K | 755.1K | 534.9K | 381.6K | 451.8K | |
Total Current Assets | 53.5K | 1.7M | 743.6K | 771.7K | 306.2K | 290.9K | |
Accumulated Other Comprehensive Income | 151.2K | 439.7K | 249.2K | 271.2K | 336.6K | 335.5K | |
Other Current Liab | 108.9K | 74.7K | 636.0K | 382.4K | 199.5K | 199.7K | |
Non Currrent Assets Other | 0.0 | 64.2K | 115.7K | 116.4K | 104.7K | 123.4K | |
Non Current Liabilities Total | 52.1K | 68.9K | 90.2K | 116.4K | 139.8K | 242.0K | |
Net Tangible Assets | 499.0K | (61.8K) | 1.7M | 126.3K | 113.7K | 108.0K | |
Other Current Assets | 14.1K | 42.2K | 19.3K | 19.0K | 15.6K | 18.0K | |
Net Invested Capital | (61.8K) | 1.8M | 166.3K | 389.3K | 150.9K | 143.3K | |
Net Working Capital | (74.0K) | 1.6M | 78.7K | 353.2K | 64.5K | 61.2K |
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