Inventus Ptb Ratio vs Book Value Per Share 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 Ptb Ratio and its Book Value Per Share 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.
Ptb Ratio vs Book Value Per Share
Ptb Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inventus Mining Corp Ptb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Inventus Mining's Ptb Ratio and Book Value Per Share is -0.07. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Book Value Per Share 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 Ptb Ratio and Book Value 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 Ptb Ratio of Inventus Mining Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ptb Ratio i.e., Inventus Mining's Ptb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.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.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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When running Inventus Mining's price analysis, check to measure Inventus Mining's 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 Inventus Mining is operating at the current time. Most of Inventus Mining's value examination focuses on studying past and present price action to predict the probability of Inventus Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inventus Mining's price. Additionally, you may evaluate how the addition of Inventus Mining to your portfolios can decrease your overall portfolio volatility.