Mako Free Cash Flow Yield vs Invested Capital Analysis
MKO Stock | CAD 3.04 0.02 0.65% |
Mako Mining financial indicator trend analysis is infinitely more than just investigating Mako Mining Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mako Mining Corp is a good investment. Please check the relationship between Mako Mining Free Cash Flow Yield and its Invested Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mako 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.
Free Cash Flow Yield vs Invested Capital
Free Cash Flow Yield vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mako Mining Corp Free Cash Flow Yield account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mako Mining's Free Cash Flow Yield and Invested Capital is -0.04. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Mako Mining Corp, assuming nothing else is changed. The correlation between historical values of Mako Mining's Free Cash Flow Yield and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Mako Mining Corp are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Free Cash Flow Yield i.e., Mako Mining's Free Cash Flow Yield and Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Mako Mining Corp. There are two different methods for calculating Mako Mining Corp invested capital: operating approach and financing approach. Understanding Mako Mining invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most indicators from Mako Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mako 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mako 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. At this time, Mako Mining's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 2.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.1 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 31.7M | 68.9M | 53.6M | 56.3M | Depreciation And Amortization | 5.6M | 20.5M | 13.5M | 14.2M |
Mako Mining fundamental ratios Correlations
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Mako Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Mako Stock Analysis
When running Mako Mining's price analysis, check to measure Mako 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 Mako Mining is operating at the current time. Most of Mako Mining's value examination focuses on studying past and present price action to predict the probability of Mako 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 Mako Mining's price. Additionally, you may evaluate how the addition of Mako Mining to your portfolios can decrease your overall portfolio volatility.