Outback Pb Ratio vs Pfcf Ratio Analysis

OZ Stock   0.33  0.05  17.86%   
Outback Goldfields financial indicator trend analysis is much more than just breaking down Outback Goldfields Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Outback Goldfields Corp is a good investment. Please check the relationship between Outback Goldfields Pb Ratio and its Pfcf Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outback Goldfields 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.

Pb Ratio vs Pfcf Ratio

Pb Ratio vs Pfcf Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Outback Goldfields Corp Pb Ratio account and Pfcf Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Outback Goldfields' Pb Ratio and Pfcf Ratio is -0.49. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Outback Goldfields Corp, assuming nothing else is changed. The correlation between historical values of Outback Goldfields' Pb Ratio and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Outback Goldfields Corp are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Pb Ratio i.e., Outback Goldfields' Pb Ratio and Pfcf Ratio go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Pb Ratio

Pfcf Ratio

Most indicators from Outback Goldfields' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Outback Goldfields 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outback Goldfields 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 climb to about 1.6 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (2.19) in 2024.

Outback Goldfields fundamental ratios Correlations

0.771.00.91-0.60.70.891.00.790.940.771.00.890.890.90.89-0.27-0.270.940.98-0.43-0.42-0.66
0.770.770.69-0.380.960.920.710.980.681.00.770.930.920.660.64-0.21-0.210.690.71-0.24-0.23-0.22
1.00.770.91-0.60.70.891.00.790.940.771.00.880.890.90.89-0.27-0.270.940.98-0.43-0.42-0.66
0.910.690.91-0.860.560.720.920.660.950.690.910.720.721.01.0-0.59-0.590.970.96-0.74-0.73-0.85
-0.6-0.38-0.6-0.86-0.18-0.31-0.65-0.29-0.81-0.38-0.6-0.32-0.31-0.88-0.890.660.66-0.82-0.70.820.810.92
0.70.960.70.56-0.180.940.630.980.540.960.70.940.940.530.5-0.12-0.120.540.63-0.11-0.11-0.05
0.890.920.890.72-0.310.940.840.970.720.920.891.01.00.70.68-0.16-0.160.720.83-0.21-0.21-0.29
1.00.711.00.92-0.650.630.840.730.950.711.00.840.840.910.91-0.29-0.290.960.99-0.46-0.46-0.72
0.790.980.790.66-0.290.980.970.730.650.980.790.970.970.630.61-0.17-0.170.650.72-0.19-0.19-0.17
0.940.680.940.95-0.810.540.720.950.650.680.940.720.720.950.95-0.36-0.361.00.94-0.55-0.54-0.81
0.771.00.770.69-0.380.960.920.710.980.680.770.930.920.660.64-0.21-0.210.690.71-0.24-0.23-0.22
1.00.771.00.91-0.60.70.891.00.790.940.770.880.890.90.89-0.27-0.270.940.98-0.43-0.42-0.66
0.890.930.880.72-0.320.941.00.840.970.720.930.881.00.70.68-0.17-0.170.720.83-0.21-0.22-0.28
0.890.920.890.72-0.310.941.00.840.970.720.920.891.00.70.68-0.16-0.160.720.83-0.21-0.21-0.29
0.90.660.91.0-0.880.530.70.910.630.950.660.90.70.71.0-0.61-0.610.960.95-0.75-0.75-0.87
0.890.640.891.0-0.890.50.680.910.610.950.640.890.680.681.0-0.62-0.620.960.94-0.77-0.76-0.89
-0.27-0.21-0.27-0.590.66-0.12-0.16-0.29-0.17-0.36-0.21-0.27-0.17-0.16-0.61-0.621.0-0.4-0.410.960.970.62
-0.27-0.21-0.27-0.590.66-0.12-0.16-0.29-0.17-0.36-0.21-0.27-0.17-0.16-0.61-0.621.0-0.4-0.410.960.970.62
0.940.690.940.97-0.820.540.720.960.651.00.690.940.720.720.960.96-0.4-0.40.95-0.59-0.58-0.82
0.980.710.980.96-0.70.630.830.990.720.940.710.980.830.830.950.94-0.41-0.410.95-0.56-0.56-0.76
-0.43-0.24-0.43-0.740.82-0.11-0.21-0.46-0.19-0.55-0.24-0.43-0.21-0.21-0.75-0.770.960.96-0.59-0.561.00.81
-0.42-0.23-0.42-0.730.81-0.11-0.21-0.46-0.19-0.54-0.23-0.42-0.22-0.21-0.75-0.760.970.97-0.58-0.561.00.8
-0.66-0.22-0.66-0.850.92-0.05-0.29-0.72-0.17-0.81-0.22-0.66-0.28-0.29-0.87-0.890.620.62-0.82-0.760.810.8
Click cells to compare fundamentals

Outback Goldfields Account Relationship Matchups

Outback Goldfields fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets148.5K29.6M27.1M15.1M17.4M13.3M
Total Current Liabilities40.3K406.2K73.0K139.7K160.7K140.9K
Total Stockholder Equity108.2K29.2M27.1M15.0M17.2M13.2M
Net Tangible Assets279.2K108.2K29.2M27.1M31.1M32.7M
Retained Earnings(568.4K)(3.6M)(6.3M)(18.6M)(16.7M)(15.9M)
Accounts Payable29.3K13.3K406.2K73.0K84.0K126.5K
Cash131.0K6.8M3.1M1.3M1.5M2.2M
Non Current Assets Total7.7K22.2M24.0M13.7M15.7M11.0M
Net Receivables795.03.8K169.6K27.4K31.5K44.4K
Total Liab40.3K406.2K73.0K139.7K160.7K140.9K
Net Invested Capital135.2K29.2M27.1M15.0M17.2M13.2M
Total Current Assets140.8K7.4M3.2M1.4M1.7M2.3M
Net Working Capital100.6K7.0M3.1M1.3M1.5M2.2M
Property Plant Equipment104.7K7.7K22.2M24.0M27.5M28.9M

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