Outback Ptb Ratio vs Ev To Operating Cash Flow 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 Ptb Ratio and its Ev To Operating Cash Flow 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.

Ptb Ratio vs Ev To Operating Cash Flow

Ptb Ratio vs Ev To Operating Cash Flow Correlation Analysis

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

The correlation between Outback Goldfields' Ptb Ratio and Ev To Operating Cash Flow is -0.35. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Ev To Operating Cash Flow 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' Ptb Ratio and Ev To Operating 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 Outback Goldfields Corp are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Ptb Ratio i.e., Outback Goldfields' Ptb Ratio and Ev To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

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 Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Common Stock	Property Plant Equipment	Other Stockholder Equity	Short Long Term Debt	Capital Stock	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Other Current Assets
Total Assets		0.77	1.0	0.91	-0.6	0.7	0.89	1.0	0.79	0.94	0.77	1.0	0.89	0.89	0.9	0.89	-0.27	-0.27	0.94	0.98	-0.43	-0.42	-0.66
Total Current Liabilities	0.77		0.77	0.69	-0.38	0.96	0.92	0.71	0.98	0.68	1.0	0.77	0.93	0.92	0.66	0.64	-0.21	-0.21	0.69	0.71	-0.24	-0.23	-0.22
Total Stockholder Equity	1.0	0.77		0.91	-0.6	0.7	0.89	1.0	0.79	0.94	0.77	1.0	0.88	0.89	0.9	0.89	-0.27	-0.27	0.94	0.98	-0.43	-0.42	-0.66
Net Tangible Assets	0.91	0.69	0.91		-0.86	0.56	0.72	0.92	0.66	0.95	0.69	0.91	0.72	0.72	1.0	1.0	-0.59	-0.59	0.97	0.96	-0.74	-0.73	-0.85
Retained Earnings	-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	-0.89	0.66	0.66	-0.82	-0.7	0.82	0.81	0.92
Accounts Payable	0.7	0.96	0.7	0.56	-0.18		0.94	0.63	0.98	0.54	0.96	0.7	0.94	0.94	0.53	0.5	-0.12	-0.12	0.54	0.63	-0.11	-0.11	-0.05
Cash	0.89	0.92	0.89	0.72	-0.31	0.94		0.84	0.97	0.72	0.92	0.89	1.0	1.0	0.7	0.68	-0.16	-0.16	0.72	0.83	-0.21	-0.21	-0.29
Non Current Assets Total	1.0	0.71	1.0	0.92	-0.65	0.63	0.84		0.73	0.95	0.71	1.0	0.84	0.84	0.91	0.91	-0.29	-0.29	0.96	0.99	-0.46	-0.46	-0.72
Net Receivables	0.79	0.98	0.79	0.66	-0.29	0.98	0.97	0.73		0.65	0.98	0.79	0.97	0.97	0.63	0.61	-0.17	-0.17	0.65	0.72	-0.19	-0.19	-0.17
Common Stock Shares Outstanding	0.94	0.68	0.94	0.95	-0.81	0.54	0.72	0.95	0.65		0.68	0.94	0.72	0.72	0.95	0.95	-0.36	-0.36	1.0	0.94	-0.55	-0.54	-0.81
Total Liab	0.77	1.0	0.77	0.69	-0.38	0.96	0.92	0.71	0.98	0.68		0.77	0.93	0.92	0.66	0.64	-0.21	-0.21	0.69	0.71	-0.24	-0.23	-0.22
Net Invested Capital	1.0	0.77	1.0	0.91	-0.6	0.7	0.89	1.0	0.79	0.94	0.77		0.88	0.89	0.9	0.89	-0.27	-0.27	0.94	0.98	-0.43	-0.42	-0.66
Total Current Assets	0.89	0.93	0.88	0.72	-0.32	0.94	1.0	0.84	0.97	0.72	0.93	0.88		1.0	0.7	0.68	-0.17	-0.17	0.72	0.83	-0.21	-0.22	-0.28
Net Working Capital	0.89	0.92	0.89	0.72	-0.31	0.94	1.0	0.84	0.97	0.72	0.92	0.89	1.0		0.7	0.68	-0.16	-0.16	0.72	0.83	-0.21	-0.21	-0.29
Common Stock	0.9	0.66	0.9	1.0	-0.88	0.53	0.7	0.91	0.63	0.95	0.66	0.9	0.7	0.7		1.0	-0.61	-0.61	0.96	0.95	-0.75	-0.75	-0.87
Property Plant Equipment	0.89	0.64	0.89	1.0	-0.89	0.5	0.68	0.91	0.61	0.95	0.64	0.89	0.68	0.68	1.0		-0.62	-0.62	0.96	0.94	-0.77	-0.76	-0.89
Other Stockholder Equity	-0.27	-0.21	-0.27	-0.59	0.66	-0.12	-0.16	-0.29	-0.17	-0.36	-0.21	-0.27	-0.17	-0.16	-0.61	-0.62		1.0	-0.4	-0.41	0.96	0.97	0.62
Short Long Term Debt	-0.27	-0.21	-0.27	-0.59	0.66	-0.12	-0.16	-0.29	-0.17	-0.36	-0.21	-0.27	-0.17	-0.16	-0.61	-0.62	1.0		-0.4	-0.41	0.96	0.97	0.62
Capital Stock	0.94	0.69	0.94	0.97	-0.82	0.54	0.72	0.96	0.65	1.0	0.69	0.94	0.72	0.72	0.96	0.96	-0.4	-0.4		0.95	-0.59	-0.58	-0.82
Property Plant And Equipment Net	0.98	0.71	0.98	0.96	-0.7	0.63	0.83	0.99	0.72	0.94	0.71	0.98	0.83	0.83	0.95	0.94	-0.41	-0.41	0.95		-0.56	-0.56	-0.76
Non Currrent Assets Other	-0.43	-0.24	-0.43	-0.74	0.82	-0.11	-0.21	-0.46	-0.19	-0.55	-0.24	-0.43	-0.21	-0.21	-0.75	-0.77	0.96	0.96	-0.59	-0.56		1.0	0.81
Other Assets	-0.42	-0.23	-0.42	-0.73	0.81	-0.11	-0.21	-0.46	-0.19	-0.54	-0.23	-0.42	-0.22	-0.21	-0.75	-0.76	0.97	0.97	-0.58	-0.56	1.0		0.8
Other Current Assets	-0.66	-0.22	-0.66	-0.85	0.92	-0.05	-0.29	-0.72	-0.17	-0.81	-0.22	-0.66	-0.28	-0.29	-0.87	-0.89	0.62	0.62	-0.82	-0.76	0.81	0.8

Click cells to compare fundamentals

Outback Goldfields Account Relationship Matchups

Outback Goldfields fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	148.5K	29.6M	27.1M	15.1M	17.4M	13.3M
Total Current Liabilities	40.3K	406.2K	73.0K	139.7K	160.7K	140.9K
Total Stockholder Equity	108.2K	29.2M	27.1M	15.0M	17.2M	13.2M
Net Tangible Assets	279.2K	108.2K	29.2M	27.1M	31.1M	32.7M
Retained Earnings	(568.4K)	(3.6M)	(6.3M)	(18.6M)	(16.7M)	(15.9M)
Accounts Payable	29.3K	13.3K	406.2K	73.0K	84.0K	126.5K
Cash	131.0K	6.8M	3.1M	1.3M	1.5M	2.2M
Non Current Assets Total	7.7K	22.2M	24.0M	13.7M	15.7M	11.0M
Net Receivables	795.0	3.8K	169.6K	27.4K	31.5K	44.4K
Total Liab	40.3K	406.2K	73.0K	139.7K	160.7K	140.9K
Net Invested Capital	135.2K	29.2M	27.1M	15.0M	17.2M	13.2M
Total Current Assets	140.8K	7.4M	3.2M	1.4M	1.7M	2.3M
Net Working Capital	100.6K	7.0M	3.1M	1.3M	1.5M	2.2M
Property Plant Equipment	104.7K	7.7K	22.2M	24.0M	27.5M	28.9M

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 Outback Stock Analysis

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