KTO Ptb Ratio vs Ev To Free Cash Flow Analysis

KTO Stock

CAD 0.13 0.01 7.14%

K2 Gold financial indicator trend analysis is infinitely more than just investigating K2 Gold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether K2 Gold is a good investment. Please check the relationship between K2 Gold 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 K2 Gold. 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 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 K2 Gold Ptb Ratio account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between K2 Gold's Ptb Ratio and Ev To Free Cash Flow is -0.62. 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 K2 Gold, assuming nothing else is changed. The correlation between historical values of K2 Gold'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 K2 Gold 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., K2 Gold's Ptb Ratio and Ev To Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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 K2 Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into K2 Gold 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 K2 Gold. 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 889.7 K in 2024. Issuance Of Capital Stock is likely to drop to about 3 M in 2024

K2 Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Tangible Assets	Accounts Payable	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Short Term Investments	Other Current Assets	Short Long Term Debt	Short Term Debt	Net Invested Capital	Net Working Capital
Total Assets		0.42	0.42	1.0	0.95	-0.35	-0.73	0.35	0.95	0.35	-0.04	0.93	-0.37	0.48	0.36	0.98	0.9	0.89	0.91	-0.64	0.51	0.67	-0.34	-0.34	0.94	0.35
Other Current Liab	0.42		0.77	0.41	0.26	-0.56	-0.14	0.56	0.26	0.55	-0.21	0.39	-0.88	0.77	0.55	0.52	0.42	0.45	0.45	-0.25	0.19	0.38	-0.12	-0.12	0.49	0.46
Total Current Liabilities	0.42	0.77		0.41	0.27	-0.55	-0.21	0.56	0.27	0.55	-0.17	0.42	-0.69	0.99	0.55	0.52	0.55	0.53	0.43	-0.26	0.1	0.36	-0.17	-0.17	0.58	0.44
Total Stockholder Equity	1.0	0.41	0.41		0.95	-0.34	-0.74	0.34	0.95	0.34	-0.03	0.93	-0.36	0.47	0.35	0.97	0.9	0.89	0.91	-0.64	0.52	0.67	-0.34	-0.34	0.94	0.34
Property Plant And Equipment Net	0.95	0.26	0.27	0.95		-0.03	-0.71	0.03	1.0	0.03	0.0	0.94	-0.2	0.31	0.04	0.91	0.86	0.8	0.94	-0.57	0.47	0.45	-0.29	-0.29	0.85	0.04
Net Debt	-0.35	-0.56	-0.55	-0.34	-0.03		0.21	-1.0	-0.03	-1.0	0.15	-0.16	0.55	-0.6	-1.0	-0.36	-0.33	-0.42	-0.1	0.3	-0.22	-0.76	0.21	0.21	-0.45	-0.97
Retained Earnings	-0.73	-0.14	-0.21	-0.74	-0.71	0.21		-0.21	-0.72	-0.21	0.35	-0.85	0.09	-0.27	-0.21	-0.62	-0.86	-0.84	-0.52	0.87	-0.77	-0.62	0.62	0.62	-0.78	-0.23
Cash	0.35	0.56	0.56	0.34	0.03	-1.0	-0.21		0.03	1.0	-0.15	0.16	-0.55	0.6	1.0	0.37	0.34	0.42	0.11	-0.31	0.22	0.76	-0.21	-0.21	0.45	0.97
Non Current Assets Total	0.95	0.26	0.27	0.95	1.0	-0.03	-0.72	0.03		0.03	0.0	0.94	-0.21	0.32	0.04	0.92	0.86	0.81	0.94	-0.57	0.47	0.45	-0.29	-0.29	0.85	0.04
Cash And Short Term Investments	0.35	0.55	0.55	0.34	0.03	-1.0	-0.21	1.0	0.03		-0.16	0.16	-0.55	0.6	1.0	0.36	0.33	0.42	0.1	-0.31	0.23	0.76	-0.21	-0.21	0.45	0.97
Net Receivables	-0.04	-0.21	-0.17	-0.03	0.0	0.15	0.35	-0.15	0.0	-0.16		-0.18	0.18	-0.19	-0.13	-0.03	-0.26	-0.22	0.04	0.28	-0.24	-0.2	0.25	0.25	-0.17	-0.12
Common Stock Shares Outstanding	0.93	0.39	0.42	0.93	0.94	-0.16	-0.85	0.16	0.94	0.16	-0.18		-0.34	0.47	0.17	0.9	0.94	0.89	0.87	-0.77	0.66	0.57	-0.46	-0.46	0.9	0.14
Other Stockholder Equity	-0.37	-0.88	-0.69	-0.36	-0.2	0.55	0.09	-0.55	-0.21	-0.55	0.18	-0.34		-0.7	-0.55	-0.49	-0.38	-0.43	-0.4	0.22	-0.28	-0.47	-0.03	-0.03	-0.45	-0.48
Total Liab	0.48	0.77	0.99	0.47	0.31	-0.6	-0.27	0.6	0.32	0.6	-0.19	0.47	-0.7		0.59	0.58	0.6	0.59	0.48	-0.3	0.14	0.43	-0.19	-0.19	0.64	0.49
Total Current Assets	0.36	0.55	0.55	0.35	0.04	-1.0	-0.21	1.0	0.04	1.0	-0.13	0.17	-0.55	0.59		0.37	0.33	0.42	0.11	-0.31	0.23	0.77	-0.21	-0.21	0.45	0.98
Net Tangible Assets	0.98	0.52	0.52	0.97	0.91	-0.36	-0.62	0.37	0.92	0.36	-0.03	0.9	-0.49	0.58	0.37		0.86	0.86	0.96	-0.56	0.45	0.64	-0.26	-0.26	0.93	0.34
Accounts Payable	0.9	0.42	0.55	0.9	0.86	-0.33	-0.86	0.34	0.86	0.33	-0.26	0.94	-0.38	0.6	0.33	0.86		0.91	0.79	-0.72	0.58	0.61	-0.42	-0.42	0.93	0.32
Common Stock	0.89	0.45	0.53	0.89	0.8	-0.42	-0.84	0.42	0.81	0.42	-0.22	0.89	-0.43	0.59	0.42	0.86	0.91		0.77	-0.75	0.66	0.72	-0.42	-0.42	0.98	0.4
Property Plant Equipment	0.91	0.45	0.43	0.91	0.94	-0.1	-0.52	0.11	0.94	0.1	0.04	0.87	-0.4	0.48	0.11	0.96	0.79	0.77		-0.43	0.35	0.41	-0.13	-0.13	0.84	0.08
Short Long Term Debt Total	-0.64	-0.25	-0.26	-0.64	-0.57	0.3	0.87	-0.31	-0.57	-0.31	0.28	-0.77	0.22	-0.3	-0.31	-0.56	-0.72	-0.75	-0.43		-0.88	-0.66	0.82	0.82	-0.66	-0.24
Short Term Investments	0.51	0.19	0.1	0.52	0.47	-0.22	-0.77	0.22	0.47	0.23	-0.24	0.66	-0.28	0.14	0.23	0.45	0.58	0.66	0.35	-0.88		0.58	-0.49	-0.49	0.54	0.22
Other Current Assets	0.67	0.38	0.36	0.67	0.45	-0.76	-0.62	0.76	0.45	0.76	-0.2	0.57	-0.47	0.43	0.77	0.64	0.61	0.72	0.41	-0.66	0.58		-0.44	-0.44	0.72	0.76
Short Long Term Debt	-0.34	-0.12	-0.17	-0.34	-0.29	0.21	0.62	-0.21	-0.29	-0.21	0.25	-0.46	-0.03	-0.19	-0.21	-0.26	-0.42	-0.42	-0.13	0.82	-0.49	-0.44		1.0	-0.35	-0.08
Short Term Debt	-0.34	-0.12	-0.17	-0.34	-0.29	0.21	0.62	-0.21	-0.29	-0.21	0.25	-0.46	-0.03	-0.19	-0.21	-0.26	-0.42	-0.42	-0.13	0.82	-0.49	-0.44	1.0		-0.35	-0.08
Net Invested Capital	0.94	0.49	0.58	0.94	0.85	-0.45	-0.78	0.45	0.85	0.45	-0.17	0.9	-0.45	0.64	0.45	0.93	0.93	0.98	0.84	-0.66	0.54	0.72	-0.35	-0.35		0.44
Net Working Capital	0.35	0.46	0.44	0.34	0.04	-0.97	-0.23	0.97	0.04	0.97	-0.12	0.14	-0.48	0.49	0.98	0.34	0.32	0.4	0.08	-0.24	0.22	0.76	-0.08	-0.08	0.44

Click cells to compare fundamentals

K2 Gold Account Relationship Matchups

K2 Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.1M	15.4M	14.1M	13.0M	16.8M	17.6M
Total Current Liabilities	271.2K	317.7K	338.4K	176.5K	297.8K	197.2K
Total Stockholder Equity	6.8M	15.1M	13.7M	12.8M	16.5M	17.3M
Property Plant And Equipment Net	4.1M	7.8M	11.1M	12.6M	16.4M	17.2M
Net Debt	(2.9M)	(7.4M)	(2.8M)	(273.2K)	(155.2K)	(162.9K)
Retained Earnings	(15.6M)	(17.3M)	(19.1M)	(20.4M)	(21.4M)	(20.4M)
Cash	2.9M	7.4M	2.9M	313.2K	195.2K	185.4K
Non Current Assets Total	4.1M	7.8M	11.2M	12.7M	16.5M	17.3M
Cash And Short Term Investments	2.9M	7.4M	2.9M	313.2K	195.2K	185.4K
Net Receivables	18.3K	21.8K	18.4K	6.3K	44.8K	27.1K
Common Stock Shares Outstanding	32.0M	47.2M	64.6M	64.8M	89.9M	94.4M
Liabilities And Stockholders Equity	7.1M	15.4M	14.1M	13.0M	16.8M	17.6M
Other Stockholder Equity	3.4M	4.3M	106.5K	6.1M	5.5M	6.2M
Total Liab	271.2K	357.7K	378.4K	216.5K	297.8K	207.4K
Total Current Assets	3.0M	7.6M	2.9M	373.4K	293.2K	278.6K
Accumulated Other Comprehensive Income	4.3M	5.8M	6.1M	6.4M	7.4M	4.5M
Net Tangible Assets	3.1M	6.8M	15.1M	13.7M	15.8M	16.6M
Accounts Payable	52.8K	267.2K	316.2K	338.4K	389.1K	408.6K
Common Stock	14.2M	18.1M	26.5M	26.8M	30.5M	19.7M
Property Plant Equipment	2.7M	4.1M	7.8M	11.1M	12.8M	13.5M
Short Term Investments	73.6K	78.0K	61.4K	54.4K	62.6K	55.5K
Other Current Assets	20.7K	161.9K	47.0K	53.9K	53.3K	55.2K
Non Currrent Assets Other	4.1M	1.0	63.4K	67.7K	66.1K	62.8K
Net Invested Capital	6.8M	15.1M	13.8M	12.9M	16.5M	11.1M
Net Working Capital	2.7M	7.3M	2.6M	196.8K	(4.6K)	(4.4K)

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for KTO Stock Analysis

When running K2 Gold's price analysis, check to measure K2 Gold'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 K2 Gold is operating at the current time. Most of K2 Gold's value examination focuses on studying past and present price action to predict the probability of K2 Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move K2 Gold's price. Additionally, you may evaluate how the addition of K2 Gold to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC