Inventus Pb Ratio vs Ptb Ratio 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 Pb Ratio and its Ptb Ratio 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.

Pb Ratio vs Ptb Ratio

Pb Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inventus Mining Corp Pb Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Inventus Mining's Pb Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Ptb Ratio 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 Pb Ratio 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 Pb Ratio of Inventus Mining 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 Pb Ratio i.e., Inventus Mining's Pb Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Pb Ratio

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 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

0.221.00.98-0.770.73-0.170.760.990.710.48-0.560.650.840.74-0.16-0.010.50.66-0.640.60.690.590.60.69-0.07
0.220.180.2-0.530.060.380.560.140.51-0.06-0.040.30.50.47-0.160.590.340.28-0.070.250.210.250.250.15-0.19
1.00.180.99-0.760.74-0.20.760.990.710.49-0.570.670.810.74-0.15-0.030.490.65-0.650.60.690.580.60.69-0.05
0.980.20.99-0.730.74-0.190.730.990.640.45-0.570.720.790.67-0.220.00.450.65-0.660.560.660.550.560.72-0.14
-0.77-0.53-0.76-0.73-0.540.04-1.0-0.67-0.93-0.560.45-0.61-0.67-0.940.19-0.23-0.58-0.590.47-0.66-0.69-0.66-0.66-0.460.0
0.730.060.740.74-0.54-0.560.540.730.460.31-0.940.250.490.48-0.120.320.720.87-0.960.830.890.810.830.94-0.07
-0.170.38-0.2-0.190.04-0.56-0.05-0.17-0.09-0.110.710.090.21-0.1-0.170.16-0.06-0.180.6-0.22-0.28-0.17-0.22-0.46-0.27
0.760.560.760.73-1.00.54-0.050.670.940.56-0.450.620.670.94-0.180.220.570.58-0.480.660.680.650.660.480.0
0.990.140.990.99-0.670.73-0.170.670.590.42-0.560.620.830.63-0.21-0.040.460.65-0.650.560.650.550.560.7-0.13
0.710.510.710.64-0.930.46-0.090.940.590.51-0.360.590.60.990.170.190.520.5-0.390.580.620.560.580.40.25
0.48-0.060.490.45-0.560.31-0.110.560.420.51-0.250.490.280.58-0.15-0.260.170.14-0.260.360.370.350.360.24-0.02
-0.56-0.04-0.57-0.570.45-0.940.71-0.45-0.56-0.36-0.25-0.1-0.32-0.380.13-0.28-0.59-0.720.92-0.72-0.77-0.69-0.72-0.87-0.04
0.650.30.670.72-0.610.250.090.620.620.590.49-0.10.420.59-0.14-0.150.00.16-0.190.10.20.10.10.29-0.12
0.840.50.810.79-0.670.490.210.670.830.60.28-0.320.420.63-0.230.180.560.6-0.430.560.580.560.560.52-0.21
0.740.470.740.67-0.940.48-0.10.940.630.990.58-0.380.590.630.140.140.530.5-0.410.60.640.580.60.410.23
-0.16-0.16-0.15-0.220.19-0.12-0.17-0.18-0.210.17-0.150.13-0.14-0.230.140.040.0-0.110.17-0.1-0.04-0.11-0.1-0.130.7
-0.010.59-0.030.0-0.230.320.160.22-0.040.19-0.26-0.28-0.150.180.140.040.70.63-0.240.560.520.560.560.28-0.19
0.50.340.490.45-0.580.72-0.060.570.460.520.17-0.590.00.560.530.00.70.93-0.630.960.930.960.960.64-0.13
0.660.280.650.65-0.590.87-0.180.580.650.50.14-0.720.160.60.5-0.110.630.93-0.780.930.950.930.930.78-0.18
-0.64-0.07-0.65-0.660.47-0.960.6-0.48-0.65-0.39-0.260.92-0.19-0.43-0.410.17-0.24-0.63-0.78-0.75-0.79-0.75-0.75-0.950.08
0.60.250.60.56-0.660.83-0.220.660.560.580.36-0.720.10.560.6-0.10.560.960.93-0.750.980.991.00.73-0.14
0.690.210.690.66-0.690.89-0.280.680.650.620.37-0.770.20.580.64-0.040.520.930.95-0.790.980.970.980.78-0.07
0.590.250.580.55-0.660.81-0.170.650.550.560.35-0.690.10.560.58-0.110.560.960.93-0.750.990.970.990.72-0.15
0.60.250.60.56-0.660.83-0.220.660.560.580.36-0.720.10.560.6-0.10.560.960.93-0.751.00.980.990.73-0.14
0.690.150.690.72-0.460.94-0.460.480.70.40.24-0.870.290.520.41-0.130.280.640.78-0.950.730.780.720.73-0.14
-0.07-0.19-0.05-0.140.0-0.07-0.270.0-0.130.25-0.02-0.04-0.12-0.210.230.7-0.19-0.13-0.180.08-0.14-0.07-0.15-0.14-0.14
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Inventus Mining Account Relationship Matchups

Inventus Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets117.7K1.9M881.4K888.1K492.4K467.8K
Total Current Liabilities127.4K97.9K664.9K418.5K241.7K259.2K
Total Stockholder Equity(61.8K)1.7M126.3K353.2K110.9K105.3K
Net Debt44.7K(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 Payable59.0K108.9K74.7K528.5K607.7K638.1K
Cash26.0K496.0K437.4K724.9K289.6K275.2K
Non Current Assets Total64.2K158.5K137.8K116.4K186.2K176.9K
Cash And Short Term Investments26.0K1.7M692.2K724.9K289.6K275.2K
Net Receivables13.4K21.1K32.2K27.8K964.0915.8
Common Stock Shares Outstanding110.3M122.2M132.1M141.8M166.9M175.2M
Liabilities And Stockholders Equity117.7K1.9M881.4K888.1K492.4K467.8K
Other Stockholder Equity5.4M5.7M6.0M6.2M6.2M6.4M
Total Liab179.6K166.9K755.1K534.9K381.6K451.8K
Total Current Assets53.5K1.7M743.6K771.7K306.2K290.9K
Accumulated Other Comprehensive Income151.2K439.7K249.2K271.2K336.6K335.5K
Other Current Liab108.9K74.7K636.0K382.4K199.5K199.7K
Non Currrent Assets Other0.064.2K115.7K116.4K104.7K123.4K
Non Current Liabilities Total52.1K68.9K90.2K116.4K139.8K242.0K
Net Tangible Assets499.0K(61.8K)1.7M126.3K113.7K108.0K
Other Current Assets14.1K42.2K19.3K19.0K15.6K18.0K
Net Invested Capital(61.8K)1.8M166.3K389.3K150.9K143.3K
Net Working Capital(74.0K)1.6M78.7K353.2K64.5K61.2K

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Additional Tools for Inventus Stock Analysis

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