Maritime Operating Cash Flow Per Share vs Book Value Per Share Analysis

MAE Stock  CAD 0.06  0.01  9.09%   
Maritime Resources financial indicator trend analysis is infinitely more than just investigating Maritime Resources Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maritime Resources Corp is a good investment. Please check the relationship between Maritime Resources Operating Cash Flow Per Share and its Book Value Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maritime Resources 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.

Operating Cash Flow Per Share vs Book Value Per Share

Operating Cash Flow Per Share vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maritime Resources Corp Operating Cash Flow Per Share account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Maritime Resources' Operating Cash Flow Per Share and Book Value Per Share is -0.24. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Maritime Resources Corp, assuming nothing else is changed. The correlation between historical values of Maritime Resources' Operating Cash Flow Per Share 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 Operating Cash Flow Per Share of Maritime Resources 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 Operating Cash Flow Per Share i.e., Maritime Resources' Operating Cash Flow Per Share and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

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 Maritime Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maritime Resources 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maritime Resources 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 1.3 M in 2024. Tax Provision is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Reconciled Depreciation82.6K171.3K170.2K113.3K
Depreciation And Amortization82.6K171.3K170.2K103.3K

Maritime Resources fundamental ratios Correlations

0.660.990.260.880.471.00.471.00.840.58-0.940.86-0.220.660.810.770.78-0.8-0.480.990.560.990.990.940.64
0.660.72-0.290.810.710.620.710.650.330.77-0.710.39-0.150.720.260.220.35-0.31-0.370.670.70.70.630.50.05
0.990.720.110.920.570.970.570.990.730.67-0.950.77-0.220.780.690.650.67-0.76-0.530.990.61.00.980.880.51
0.26-0.290.11-0.15-0.690.33-0.690.240.69-0.58-0.060.580.04-0.410.730.770.66-0.530.330.18-0.210.120.260.460.79
0.880.810.92-0.150.770.840.770.880.580.84-0.890.66-0.310.770.530.470.52-0.58-0.60.90.570.920.860.770.34
0.470.710.57-0.690.770.391.00.470.050.98-0.60.19-0.210.7-0.01-0.060.06-0.03-0.640.520.570.570.440.31-0.15
1.00.620.970.330.840.390.390.990.870.51-0.920.88-0.20.630.840.80.8-0.83-0.440.990.520.970.990.950.68
0.470.710.57-0.690.771.00.390.470.050.98-0.60.19-0.210.7-0.01-0.060.06-0.03-0.640.520.570.570.440.31-0.15
1.00.650.990.240.880.470.990.470.820.58-0.950.84-0.230.680.790.750.75-0.81-0.491.00.580.990.990.940.63
0.840.330.730.690.580.050.870.050.820.18-0.70.98-0.160.161.00.990.96-0.78-0.20.790.290.750.810.940.93
0.580.770.67-0.580.840.980.510.980.580.18-0.70.31-0.230.720.120.070.17-0.15-0.660.620.640.660.550.43-0.03
-0.94-0.71-0.95-0.06-0.89-0.6-0.92-0.6-0.95-0.7-0.7-0.740.33-0.72-0.66-0.61-0.640.680.63-0.94-0.75-0.96-0.92-0.89-0.52
0.860.390.770.580.660.190.880.190.840.980.31-0.74-0.190.20.970.960.94-0.73-0.270.820.310.780.830.960.91
-0.22-0.15-0.220.04-0.31-0.21-0.2-0.21-0.23-0.16-0.230.33-0.19-0.17-0.15-0.15-0.080.180.11-0.24-0.2-0.27-0.23-0.25-0.07
0.660.720.78-0.410.770.70.630.70.680.160.72-0.720.2-0.170.110.050.09-0.43-0.510.720.570.760.70.41-0.12
0.810.260.690.730.53-0.010.84-0.010.791.00.12-0.660.97-0.150.111.00.96-0.77-0.180.750.240.710.780.920.95
0.770.220.650.770.47-0.060.8-0.060.750.990.07-0.610.96-0.150.051.00.95-0.75-0.10.710.210.660.740.90.95
0.780.350.670.660.520.060.80.060.750.960.17-0.640.94-0.080.090.960.95-0.68-0.190.720.290.680.740.880.91
-0.8-0.31-0.76-0.53-0.58-0.03-0.83-0.03-0.81-0.78-0.150.68-0.730.18-0.43-0.77-0.75-0.680.2-0.79-0.28-0.77-0.83-0.78-0.65
-0.48-0.37-0.530.33-0.6-0.64-0.44-0.64-0.49-0.2-0.660.63-0.270.11-0.51-0.18-0.1-0.190.2-0.5-0.4-0.53-0.45-0.4-0.18
0.990.670.990.180.90.520.990.521.00.790.62-0.940.82-0.240.720.750.710.72-0.79-0.50.571.00.990.920.58
0.560.70.6-0.210.570.570.520.570.580.290.64-0.750.31-0.20.570.240.210.29-0.28-0.40.570.610.530.50.13
0.990.71.00.120.920.570.970.570.990.750.66-0.960.78-0.270.760.710.660.68-0.77-0.531.00.610.990.90.53
0.990.630.980.260.860.440.990.440.990.810.55-0.920.83-0.230.70.780.740.74-0.83-0.450.990.530.990.920.61
0.940.50.880.460.770.310.950.310.940.940.43-0.890.96-0.250.410.920.90.88-0.78-0.40.920.50.90.920.83
0.640.050.510.790.34-0.150.68-0.150.630.93-0.03-0.520.91-0.07-0.120.950.950.91-0.65-0.180.580.130.530.610.83
Click cells to compare fundamentals

Maritime Resources Account Relationship Matchups

Maritime Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.1M26.2M38.1M39.9M52.9M55.6M
Total Current Liabilities511.0K1.2M1.1M927.8K1.0M557.0K
Total Stockholder Equity13.6M24.9M35.9M37.9M39.0M40.9M
Net Debt(1.8M)(6.4M)(3.9M)(2.1M)4.6M4.8M
Accounts Payable364.4K943.2K724.2K742.7K720.0K756.0K
Cash1.8M6.4M4.3M2.5M1.1M1.5M
Non Current Assets Total12.0M19.3M33.3M36.9M50.4M52.9M
Cash And Short Term Investments1.8M6.4M4.3M2.5M1.1M1.5M
Common Stock Shares Outstanding173.3M247.3M377.1M420.4M523.1M549.3M
Liabilities And Stockholders Equity14.1M26.2M38.1M39.9M52.9M55.6M
Total Liab511.0K1.3M2.2M2.0M14.0M14.7M
Total Current Assets2.1M6.9M4.8M3.0M2.6M1.7M
Retained Earnings(9.5M)(10.7M)(12.0M)(13.5M)(15.7M)(14.9M)
Net Receivables161.5K340.0K298.2K136.7K1.2M1.2M
Other Stockholder Equity2.5M2.2M2.8M2.2M2.0M2.2M
Property Plant And Equipment Net12.0M18.7M33.2M36.8M11.3M13.0M
Other Current Liab47.6K203.6K223.3K102.7K887.4K931.8K
Accumulated Other Comprehensive Income2.5M2.2M2.8M2.2M2.7M1.7M
Net Tangible Assets13.6M24.9M35.9M37.9M43.6M45.7M
Common Stock20.6M33.4M45.1M49.2M52.0M54.6M
Property Plant Equipment12.0M18.7M33.2M36.8M42.3M44.5M
Other Current Assets120.2K116.3K141.6K137.8K349.9K367.4K
Non Currrent Assets Other12.0M576.0K119.9K111.7K38.8M40.8M
Net Invested Capital13.6M24.9M35.9M37.9M44.2M27.2M
Net Working Capital1.6M5.6M3.6M2.1M1.6M2.6M
Capital Stock20.6M33.4M45.1M49.2M52.0M39.5M

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Additional Tools for Maritime Stock Analysis

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