Pinetree Historical Financial Ratios
| PNP Stock | CAD 10.10 0.15 1.51% |
Pinetree Capital is promptly reporting on over 87 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 4.59, Invested Capital of 0.0, Average Payables of 0.0 or Capex To Depreciation of 0.37 will help investors to properly organize and evaluate Pinetree Capital financial condition quickly.
Pinetree |
About Pinetree Financial Ratios Analysis
Pinetree CapitalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Pinetree Capital investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Pinetree financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Pinetree Capital history.
Pinetree Capital Financial Ratios Chart
Add Fundamental
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.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.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Pinetree Capital. There are two different methods for calculating Pinetree Capital invested capital: operating approach and financing approach. Understanding Pinetree Capital invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Most ratios from Pinetree Capital's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Pinetree Capital current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Pinetree Capital. 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, Pinetree Capital's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 16th of December 2024, Interest Coverage is likely to grow to 88.30, while PTB Ratio is likely to drop 0.71.
| 2023 | 2024 (projected) | Payables Turnover | 0.18 | 0.25 | Days Of Inventory On Hand | 53.2K | 55.9K |
Pinetree Capital fundamentals Correlations
Click cells to compare fundamentals
Pinetree Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pinetree Capital fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 6.33 | 8.77 | 18.2 | 17.99 | 5.08 | 5.34 | |
| Ptb Ratio | 774.8K | 0.85 | 0.78 | 1.08 | 0.95 | 0.74 | |
| Book Value Per Share | 3.64 | 3.89 | 5.05 | 4.22 | 4.83 | 4.59 | |
| Free Cash Flow Yield | 0.0 | (0.069) | (0.34) | (0.26) | (0.1) | (0.11) | |
| Operating Cash Flow Per Share | 0.0 | (0.21) | (1.04) | (1.43) | (0.41) | (0.43) | |
| Pb Ratio | 774.8K | 0.85 | 0.78 | 1.08 | 0.95 | 0.74 | |
| Ev To Sales | 3.82 | 8.24 | 13.93 | 15.18 | 4.79 | 5.03 | |
| Free Cash Flow Per Share | 0.0 | (0.21) | (1.04) | (1.43) | (0.41) | (0.43) | |
| Roic | (0.005688) | 0.0623 | 0.0378 | 0.03 | 0.13 | 0.14 | |
| Net Income Per Share | 0.39 | 0.24 | 0.19 | 0.13 | 0.61 | 0.64 | |
| Payables Turnover | 0.11 | 0.15 | 0.16 | 0.27 | 0.18 | 0.25 | |
| Sales General And Administrative To Revenue | 0.0736 | 0.0822 | 0.2 | 0.33 | 0.052 | 0.0546 | |
| Cash Per Share | 1.0E-6 | 1.26 | 0.23 | 1.3 | 0.64 | 0.22 | |
| Pocfratio | (14.5) | (2.93) | (3.81) | (9.62) | (8.72) | (9.15) | |
| Pfcf Ratio | (14.5) | (2.93) | (3.81) | (9.62) | (8.72) | (9.15) | |
| Days Payables Outstanding | 2.3K | 3.4K | 1.3K | 2.4K | 2.1K | 1.8K | |
| Income Quality | (0.54) | (4.23) | (7.48) | (3.3) | (0.67) | (0.71) | |
| Roe | (0.15) | 0.11 | 0.063 | 0.038 | 0.0298 | 0.13 | |
| Ev To Operating Cash Flow | (8.75) | (2.75) | (2.91) | (8.12) | (8.21) | (8.62) | |
| Pe Ratio | 7.89 | 12.42 | 28.45 | 31.74 | 5.87 | 6.17 | |
| Return On Tangible Assets | (0.14) | 0.11 | 0.0617 | 0.0376 | 0.0295 | 0.13 | |
| Ev To Free Cash Flow | (8.75) | (2.75) | (2.91) | (8.12) | (8.21) | (8.62) | |
| Earnings Yield | 0.13 | 0.0805 | 0.0351 | 0.0315 | 0.17 | 0.18 | |
| Net Debt To E B I T D A | 3.0 | (3.13) | (0.72) | (4.29) | 18.41 | 19.33 | |
| Current Ratio | 24.53 | 7.75 | 24.12 | 13.65 | 12.85 | 13.5 | |
| Tangible Book Value Per Share | 3.64 | 3.89 | 5.05 | 4.22 | 4.83 | 4.59 | |
| Graham Number | 5.66 | 4.63 | 4.66 | 3.46 | 8.16 | 7.76 | |
| Shareholders Equity Per Share | 3.64 | 3.89 | 5.05 | 4.22 | 4.83 | 4.59 | |
| Debt To Equity | 0.0118 | 0.0108 | 0.005281 | 0.005124 | 0.005892 | 0.005598 | |
| Graham Net Net | 1.2 | 0.43 | 1.26 | 0.93 | 0.19 | 0.2 |
Pair Trading with Pinetree Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pinetree Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pinetree Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Pinetree Stock
| 0.85 | ELF | E L Financial | PairCorr |
| 0.94 | FFH | Fairfax Financial | PairCorr |
| 0.92 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.83 | FFH-PH | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to Pinetree Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinetree Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pinetree Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pinetree Capital to buy it.
The correlation of Pinetree Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pinetree Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinetree Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pinetree Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Pinetree Stock
Pinetree CapitalFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Pinetree Capital investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Pinetree financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Pinetree Capital history.