Portofino Property Plant Equipment vs Other Stockholder Equity 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 Property Plant Equipment and its Other Stockholder Equity 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.
Property Plant Equipment vs Other Stockholder Equity
Property Plant Equipment vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Portofino Resources Property Plant Equipment account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Portofino Resources' Property Plant Equipment and Other Stockholder Equity is -0.48. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Stockholder Equity 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' Property Plant Equipment and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Portofino Resources are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant Equipment i.e., Portofino Resources' Property Plant Equipment and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant Equipment
Other Stockholder Equity
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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