Kore Ptb Ratio vs Ev To Free Cash Flow Analysis

KORE Stock

CAD 0.03 0.01 25.00%

Kore Mining financial indicator trend analysis is infinitely more than just investigating Kore Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kore Mining is a good investment. Please check the relationship between Kore Mining Ptb Ratio and its Ev To Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kore Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Ptb Ratio vs Ev To Free Cash Flow

Ptb Ratio vs Ev To Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kore Mining Ptb Ratio account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Kore Mining's Ptb Ratio and Ev To Free Cash Flow is -0.08. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Kore Mining, assuming nothing else is changed. The correlation between historical values of Kore Mining's Ptb Ratio and Ev To Free Cash Flow 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 Kore Mining are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Ptb Ratio i.e., Kore Mining's Ptb Ratio and Ev To Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Most indicators from Kore Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kore Mining 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kore Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Kore Mining's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 19.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	126.0K	192.2K	105.0K	122.0K
Cost Of Revenue	126.0K	192.2K	105.0K	122.0K

Reconciled Depreciation Cost Of Revenue

Kore Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Common Stock	Net Tangible Assets	Other Assets	Long Term Investments	Net Invested Capital	Net Working Capital	Property Plant Equipment
Total Assets		0.78	0.99	0.85	-0.93	-0.54	0.77	0.94	0.84	0.6	0.96	0.7	0.65	-0.25	0.78	0.96	0.32	0.82	0.32	0.77	0.95	0.29	0.05	0.96	0.88	0.82
Total Current Liabilities	0.78		0.69	0.85	-0.57	-0.48	0.97	0.59	0.81	0.43	0.62	0.47	0.67	-0.3	1.0	0.64	0.18	0.67	0.18	0.64	0.71	0.2	-0.02	0.62	0.47	0.82
Total Stockholder Equity	0.99	0.69		0.81	-0.95	-0.53	0.69	0.96	0.8	0.6	0.97	0.71	0.61	-0.23	0.69	0.97	0.34	0.81	0.34	0.76	0.94	0.29	0.06	0.98	0.92	0.78
Property Plant And Equipment Net	0.85	0.85	0.81		-0.62	-0.8	0.82	0.66	0.98	0.72	0.73	0.56	0.9	-0.33	0.85	0.68	0.23	0.88	0.23	0.86	0.9	0.58	-0.35	0.73	0.53	0.97
Net Debt	-0.93	-0.57	-0.95	-0.62		0.27	-0.59	-1.0	-0.58	-0.39	-0.97	-0.62	-0.39	0.2	-0.57	-0.99	-0.41	-0.69	-0.41	-0.57	-0.84	-0.05	-0.26	-0.97	-0.99	-0.59
Retained Earnings	-0.54	-0.48	-0.53	-0.8	0.27		-0.41	-0.33	-0.82	-0.85	-0.45	-0.38	-0.89	0.15	-0.48	-0.34	-0.13	-0.81	-0.13	-0.89	-0.71	-0.93	0.61	-0.47	-0.23	-0.86
Accounts Payable	0.77	0.97	0.69	0.82	-0.59	-0.41		0.6	0.78	0.38	0.62	0.51	0.63	-0.34	0.97	0.66	0.2	0.62	0.2	0.58	0.69	0.11	0.02	0.61	0.48	0.78
Cash	0.94	0.59	0.96	0.66	-1.0	-0.33	0.6		0.62	0.44	0.99	0.62	0.44	-0.21	0.59	1.0	0.43	0.73	0.43	0.62	0.88	0.11	0.2	0.98	0.98	0.64
Non Current Assets Total	0.84	0.81	0.8	0.98	-0.58	-0.82	0.78	0.62		0.74	0.7	0.59	0.88	-0.25	0.81	0.65	0.12	0.84	0.12	0.85	0.87	0.6	-0.36	0.71	0.5	0.95
Non Currrent Assets Other	0.6	0.43	0.6	0.72	-0.39	-0.85	0.38	0.44	0.74		0.5	0.63	0.73	-0.14	0.43	0.45	0.37	0.67	0.37	0.82	0.68	0.83	-0.27	0.56	0.39	0.73
Cash And Short Term Investments	0.96	0.62	0.97	0.73	-0.97	-0.45	0.62	0.99	0.7	0.5		0.59	0.57	-0.23	0.62	0.98	0.42	0.81	0.42	0.7	0.94	0.24	0.05	0.99	0.95	0.72
Net Receivables	0.7	0.47	0.71	0.56	-0.62	-0.38	0.51	0.62	0.59	0.63	0.59		0.43	-0.17	0.47	0.66	0.15	0.44	0.15	0.53	0.6	0.23	0.24	0.63	0.63	0.45
Common Stock Shares Outstanding	0.65	0.67	0.61	0.9	-0.39	-0.89	0.63	0.44	0.88	0.73	0.57	0.43		-0.29	0.67	0.46	0.28	0.83	0.28	0.82	0.81	0.77	-0.64	0.54	0.32	0.9
Other Stockholder Equity	-0.25	-0.3	-0.23	-0.33	0.2	0.15	-0.34	-0.21	-0.25	-0.14	-0.23	-0.17	-0.29		-0.3	-0.22	-0.26	-0.24	-0.26	-0.2	-0.27	-0.05	0.09	-0.2	-0.15	-0.27
Total Liab	0.78	1.0	0.69	0.85	-0.57	-0.48	0.97	0.59	0.81	0.43	0.62	0.47	0.67	-0.3		0.64	0.18	0.67	0.18	0.65	0.71	0.2	-0.02	0.62	0.47	0.82
Total Current Assets	0.96	0.64	0.97	0.68	-0.99	-0.34	0.66	1.0	0.65	0.45	0.98	0.66	0.46	-0.22	0.64		0.41	0.73	0.41	0.62	0.88	0.1	0.22	0.98	0.97	0.65
Short Long Term Debt Total	0.32	0.18	0.34	0.23	-0.41	-0.13	0.2	0.43	0.12	0.37	0.42	0.15	0.28	-0.26	0.18	0.41		0.28	1.0	0.19	0.39	0.2	-0.02	0.41	0.41	0.23
Other Current Liab	0.82	0.67	0.81	0.88	-0.69	-0.81	0.62	0.73	0.84	0.67	0.81	0.44	0.83	-0.24	0.67	0.73	0.28		0.28	0.88	0.94	0.61	-0.37	0.82	0.65	0.92
Short Term Debt	0.32	0.18	0.34	0.23	-0.41	-0.13	0.2	0.43	0.12	0.37	0.42	0.15	0.28	-0.26	0.18	0.41	1.0	0.28		0.19	0.39	0.2	-0.02	0.41	0.41	0.23
Common Stock	0.77	0.64	0.76	0.86	-0.57	-0.89	0.58	0.62	0.85	0.82	0.7	0.53	0.82	-0.2	0.65	0.62	0.19	0.88	0.19		0.85	0.73	-0.26	0.72	0.53	0.92
Net Tangible Assets	0.95	0.71	0.94	0.9	-0.84	-0.71	0.69	0.88	0.87	0.68	0.94	0.6	0.81	-0.27	0.71	0.88	0.39	0.94	0.39	0.85		0.5	-0.23	0.93	0.8	0.89
Other Assets	0.29	0.2	0.29	0.58	-0.05	-0.93	0.11	0.11	0.6	0.83	0.24	0.23	0.77	-0.05	0.2	0.1	0.2	0.61	0.2	0.73	0.5		-0.69	0.26	0.03	0.64
Long Term Investments	0.05	-0.02	0.06	-0.35	-0.26	0.61	0.02	0.2	-0.36	-0.27	0.05	0.24	-0.64	0.09	-0.02	0.22	-0.02	-0.37	-0.02	-0.26	-0.23	-0.69		0.11	0.3	-0.37
Net Invested Capital	0.96	0.62	0.98	0.73	-0.97	-0.47	0.61	0.98	0.71	0.56	0.99	0.63	0.54	-0.2	0.62	0.98	0.41	0.82	0.41	0.72	0.93	0.26	0.11		0.96	0.73
Net Working Capital	0.88	0.47	0.92	0.53	-0.99	-0.23	0.48	0.98	0.5	0.39	0.95	0.63	0.32	-0.15	0.47	0.97	0.41	0.65	0.41	0.53	0.8	0.03	0.3	0.96		0.51
Property Plant Equipment	0.82	0.82	0.78	0.97	-0.59	-0.86	0.78	0.64	0.95	0.73	0.72	0.45	0.9	-0.27	0.82	0.65	0.23	0.92	0.23	0.92	0.89	0.64	-0.37	0.73	0.51

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Kore Mining Account Relationship Matchups

Kore Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9M	8.4M	6.2M	3.3M	2.1M	1.7M
Total Current Liabilities	707.4K	1.4M	961.4K	751.2K	841.4K	458.0K
Total Stockholder Equity	4.2M	6.9M	5.3M	2.6M	1.3M	1.2M
Property Plant And Equipment Net	1.4M	3.0M	2.1M	2.0M	1.9M	2.0M
Net Debt	(3.1M)	(4.8M)	(3.4M)	(665.0K)	275.4K	289.1K
Retained Earnings	(8.3M)	(17.5M)	(17.2M)	(21.4M)	(23.0M)	(21.9M)
Accounts Payable	707.4K	1.3M	745.7K	672.9K	527.0K	308.4K
Cash	3.1M	4.9M	3.6M	743.3K	22.2K	21.1K
Non Current Assets Total	1.4M	3.1M	2.3M	2.3M	2.1M	2.2M
Non Currrent Assets Other	38.8K	110.5K	231.0K	239.3K	122.2K	128.3K
Cash And Short Term Investments	3.1M	4.9M	3.6M	743.3K	854.8K	706.2K
Net Receivables	208.4K	94.1K	187.0K	227.8K	16.1K	15.3K
Common Stock Shares Outstanding	117.1M	144.4M	163.2M	126.2M	201.8M	211.9M
Liabilities And Stockholders Equity	4.9M	8.4M	6.2M	3.3M	3.8M	4.0M
Total Liab	707.4K	1.4M	961.4K	751.2K	841.4K	461.4K
Total Current Assets	3.5M	5.3M	3.9M	1.1M	52.1K	49.5K
Other Current Liab	707.4K	1.3M	745.7K	672.9K	773.8K	812.5K
Accumulated Other Comprehensive Income	831.6K	1.2M	2.4M	3.1M	3.6M	3.8M
Common Stock	11.1M	22.2M	18.7M	19.4M	22.3M	11.3M
Net Tangible Assets	4.2M	6.9M	5.3M	2.6M	3.0M	3.2M
Other Assets	38.8K	110.5K	231.0K	239.3K	275.2K	289.0K
Other Current Assets	119.0K	272.1K	125.8K	92.4K	83.2K	138.3K
Net Invested Capital	4.2M	6.9M	5.3M	2.6M	1.6M	1.5M
Net Working Capital	2.8M	3.8M	2.9M	312.4K	(789.3K)	(749.8K)
Property Plant Equipment	1.4M	3.0M	2.1M	2.0M	2.3M	2.0M
Capital Stock	11.1M	22.2M	18.7M	19.4M	22.3M	17.8M

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