Outback Roic vs Free Cash Flow Per Share 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 Roic and its Free Cash Flow Per Share 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.

Roic vs Free Cash Flow Per Share

Roic vs Free Cash Flow Per Share Correlation Analysis

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

The correlation between Outback Goldfields' Roic and Free Cash Flow Per Share is -0.21. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Free Cash Flow Per Share 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' Roic and Free Cash Flow 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 Roic of Outback Goldfields Corp are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Roic i.e., Outback Goldfields' Roic and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

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

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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

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