Portofino Depreciation And Amortization vs Net Debt Analysis
POR Stock | CAD 0.01 0.01 33.33% |
Portofino Resources financial indicator trend analysis is much more than just breaking down Portofino Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Portofino Resources is a good investment. Please check the relationship between Portofino Resources Depreciation And Amortization and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portofino Resources. 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.
Depreciation And Amortization vs Net Debt
Depreciation And Amortization vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Portofino Resources Depreciation And Amortization account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Portofino Resources' Depreciation And Amortization and Net Debt is 0.15. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Debt in the same time period over historical financial statements of Portofino Resources, assuming nothing else is changed. The correlation between historical values of Portofino Resources' Depreciation And Amortization and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Portofino Resources are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Depreciation And Amortization i.e., Portofino Resources' Depreciation And Amortization and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Portofino Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Portofino Resources 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 Portofino Resources. 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. Enterprise Value is likely to climb to about 6.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 839 K in 2024.
Portofino Resources fundamental ratios Correlations
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Portofino Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Portofino Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 443.5K | 540.4K | 277.0K | 353.9K | 123.5K | 117.4K | |
Other Current Liab | 189.7K | 60.0K | 148.9K | 756.0K | 869.4K | 912.9K | |
Total Current Liabilities | 189.8K | 60.0K | 149.1K | 756.8K | 1.4M | 1.5M | |
Total Stockholder Equity | 253.7K | 480.4K | 127.9K | (402.9K) | (1.3M) | (1.2M) | |
Net Debt | (301.7K) | (274.1K) | (155.7K) | (65.1K) | (58.6K) | (61.6K) | |
Retained Earnings | (5.2M) | (7.6M) | (10.0M) | (12.5M) | (15.2M) | (14.5M) | |
Accounts Payable | 158.31 | 58.94 | 141.81 | 755.93 | 1.2M | 1.3M | |
Cash | 301.7K | 274.1K | 155.7K | 65.1K | 6.8K | 6.4K | |
Cash And Short Term Investments | 301.7K | 274.1K | 155.7K | 140.1K | 161.2K | 146.5K | |
Common Stock Shares Outstanding | 26.2M | 44.3M | 92.9M | 125.8M | 175.2M | 184.0M | |
Liabilities And Stockholders Equity | 443.5K | 540.4K | 277.0K | 353.9K | 407.0K | 435.5K | |
Other Current Assets | 84.4K | 67.8K | 72.6K | 185.3K | 213.1K | 223.8K | |
Other Stockholder Equity | 794.4K | 967.0K | 1.2M | 1.6M | 1.8M | 1.9M | |
Total Liab | 189.8K | 60.0K | 149.1K | 756.8K | 1.4M | 1.5M | |
Total Current Assets | 443.5K | 540.4K | 277.0K | 353.9K | 123.5K | 117.4K | |
Common Stock | 4.6M | 7.2M | 9.0M | 10.4M | 12.0M | 12.6M | |
Net Tangible Assets | 253.7K | 480.4K | 127.9K | (402.9K) | (362.6K) | (344.5K) | |
Net Receivables | 57.4K | 198.5K | 48.8K | 28.5K | 66.1K | 122.0K | |
Net Invested Capital | 253.7K | 480.4K | 127.9K | (402.9K) | (1.3M) | (1.2M) | |
Net Working Capital | 253.7K | 480.4K | 127.9K | (402.9K) | (1.3M) | (1.2M) | |
Capital Stock | 4.6M | 7.2M | 9.0M | 10.4M | 12.0M | 8.6M |
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