Ressources Capex To Depreciation vs Ptb Ratio Analysis

RDS Stock

CAD 0.30 0.02 6.25%

Ressources Minieres financial indicator trend analysis is much more than just breaking down Ressources Minieres prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ressources Minieres is a good investment. Please check the relationship between Ressources Minieres Capex To Depreciation and its Ptb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ressources Minieres Radisson. 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.

Capex To Depreciation vs Ptb Ratio

Capex To Depreciation vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ressources Minieres Capex To Depreciation account and Ptb Ratio. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ressources Minieres' Capex To Depreciation and Ptb Ratio is 0.6. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Ressources Minieres Radisson, assuming nothing else is changed. The correlation between historical values of Ressources Minieres' Capex To Depreciation and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Ressources Minieres Radisson are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Capex To Depreciation i.e., Ressources Minieres' Capex To Depreciation and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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.

Most indicators from Ressources Minieres' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ressources Minieres 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 Ressources Minieres Radisson. 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, Ressources Minieres' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 35 M in 2025, whereas Selling General Administrative is likely to drop slightly above 766.1 K in 2025.

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	166.3K	120.0K	138.0K	144.9K
Interest Income	63.5K	147.7K	169.9K	178.4K

Reconciled Depreciation Interest Income

Ressources Minieres fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Non Currrent Assets Other	Short Term Investments	Other Liab	Net Tangible Assets
Total Assets		0.3	0.45	0.39	1.0	0.99	-0.49	-0.43	0.49	0.99	0.84	0.49	0.98	0.93	0.41	0.02	-0.51	0.93	0.84	-0.64	0.93	-0.23	0.85	0.79	0.8	1.0
Short Long Term Debt Total	0.3		0.0	-0.12	0.3	0.32	0.04	0.06	-0.08	0.31	0.21	-0.07	0.28	0.24	0.06	-0.01	-0.13	0.23	0.17	-0.62	0.28	0.14	0.22	0.39	-0.16	0.27
Other Current Liab	0.45	0.0		0.98	0.44	0.37	-0.73	-0.16	0.73	0.38	0.56	0.66	0.41	0.41	0.32	0.21	-0.3	0.55	0.61	-0.11	0.43	-0.15	0.47	0.07	0.39	0.47
Total Current Liabilities	0.39	-0.12	0.98		0.37	0.3	-0.72	-0.14	0.73	0.31	0.5	0.65	0.34	0.35	0.3	0.21	-0.26	0.49	0.56	-0.01	0.36	-0.14	0.42	-0.01	0.39	0.41
Total Stockholder Equity	1.0	0.3	0.44	0.37		0.99	-0.47	-0.4	0.47	0.99	0.82	0.48	0.98	0.91	0.42	0.01	-0.53	0.91	0.82	-0.64	0.94	-0.21	0.87	0.8	0.79	1.0
Property Plant And Equipment Net	0.99	0.32	0.37	0.3	0.99		-0.36	-0.4	0.36	1.0	0.75	0.45	0.98	0.89	0.34	0.01	-0.49	0.88	0.74	-0.67	0.91	-0.21	0.82	0.8	0.76	0.98
Net Debt	-0.49	0.04	-0.73	-0.72	-0.47	-0.36		0.28	-1.0	-0.38	-0.79	-0.58	-0.41	-0.57	-0.27	-0.06	0.31	-0.65	-0.8	0.02	-0.46	0.15	-0.5	-0.15	-0.62	-0.52
Retained Earnings	-0.43	0.06	-0.16	-0.14	-0.4	-0.4	0.28		-0.27	-0.4	-0.38	-0.31	-0.53	-0.58	-0.23	-0.2	0.03	-0.56	-0.42	0.43	-0.36	0.94	-0.3	-0.29	-0.39	-0.44
Cash	0.49	-0.08	0.73	0.73	0.47	0.36	-1.0	-0.27		0.38	0.79	0.57	0.41	0.57	0.27	0.06	-0.31	0.65	0.8	-0.01	0.46	-0.15	0.5	0.15	0.64	0.52
Non Current Assets Total	0.99	0.31	0.38	0.31	0.99	1.0	-0.38	-0.4	0.38		0.76	0.46	0.99	0.9	0.34	0.02	-0.48	0.89	0.75	-0.66	0.91	-0.21	0.82	0.8	0.77	0.98
Cash And Short Term Investments	0.84	0.21	0.56	0.5	0.82	0.75	-0.79	-0.38	0.79	0.76		0.33	0.78	0.87	0.32	0.02	-0.42	0.89	0.95	-0.49	0.77	-0.2	0.73	0.72	0.77	0.83
Net Receivables	0.49	-0.07	0.66	0.65	0.48	0.45	-0.58	-0.31	0.57	0.46	0.33		0.48	0.42	0.5	0.18	-0.41	0.5	0.51	0.0	0.5	-0.22	0.56	-0.13	0.5	0.56
Common Stock Shares Outstanding	0.98	0.28	0.41	0.34	0.98	0.98	-0.41	-0.53	0.41	0.99	0.78	0.48		0.92	0.4	0.04	-0.5	0.91	0.78	-0.7	0.92	-0.35	0.84	0.79	0.75	0.98
Non Current Liabilities Total	0.93	0.24	0.41	0.35	0.91	0.89	-0.57	-0.58	0.57	0.9	0.87	0.42	0.92		0.3	0.15	-0.34	0.99	0.84	-0.64	0.81	-0.38	0.66	0.76	0.87	0.91
Inventory	0.41	0.06	0.32	0.3	0.42	0.34	-0.27	-0.23	0.27	0.34	0.32	0.5	0.4	0.3		-0.12	-0.4	0.33	0.59	-0.21	0.47	-0.18	0.63	0.2	0.24	0.44
Other Current Assets	0.02	-0.01	0.21	0.21	0.01	0.01	-0.06	-0.2	0.06	0.02	0.02	0.18	0.04	0.15	-0.12		-0.18	0.17	0.05	-0.06	0.1	-0.16	-0.16	-0.04	0.12	0.01
Other Stockholder Equity	-0.51	-0.13	-0.3	-0.26	-0.53	-0.49	0.31	0.03	-0.31	-0.48	-0.42	-0.41	-0.5	-0.34	-0.4	-0.18		-0.36	-0.51	0.14	-0.78	-0.15	-0.67	-0.32	-0.34	-0.53
Total Liab	0.93	0.23	0.55	0.49	0.91	0.88	-0.65	-0.56	0.65	0.89	0.89	0.5	0.91	0.99	0.33	0.17	-0.36		0.88	-0.61	0.82	-0.37	0.69	0.71	0.86	0.92
Total Current Assets	0.84	0.17	0.61	0.56	0.82	0.74	-0.8	-0.42	0.8	0.75	0.95	0.51	0.78	0.84	0.59	0.05	-0.51	0.88		-0.45	0.81	-0.24	0.82	0.63	0.75	0.84
Short Term Debt	-0.64	-0.62	-0.11	-0.01	-0.64	-0.67	0.02	0.43	-0.01	-0.66	-0.49	0.0	-0.7	-0.64	-0.21	-0.06	0.14	-0.61	-0.45		-0.56	0.42	-0.46	-0.74	-0.23	-0.61
Common Stock	0.93	0.28	0.43	0.36	0.94	0.91	-0.46	-0.36	0.46	0.91	0.77	0.5	0.92	0.81	0.47	0.1	-0.78	0.82	0.81	-0.56		-0.15	0.89	0.72	0.7	0.94
Accounts Payable	-0.23	0.14	-0.15	-0.14	-0.21	-0.21	0.15	0.94	-0.15	-0.21	-0.2	-0.22	-0.35	-0.38	-0.18	-0.16	-0.15	-0.37	-0.24	0.42	-0.15		-0.15	-0.14	-0.16	-0.24
Non Currrent Assets Other	0.85	0.22	0.47	0.42	0.87	0.82	-0.5	-0.3	0.5	0.82	0.73	0.56	0.84	0.66	0.63	-0.16	-0.67	0.69	0.82	-0.46	0.89	-0.15		0.6	0.57	0.88
Short Term Investments	0.79	0.39	0.07	-0.01	0.8	0.8	-0.15	-0.29	0.15	0.8	0.72	-0.13	0.79	0.76	0.2	-0.04	-0.32	0.71	0.63	-0.74	0.72	-0.14	0.6		0.54	0.74
Other Liab	0.8	-0.16	0.39	0.39	0.79	0.76	-0.62	-0.39	0.64	0.77	0.77	0.5	0.75	0.87	0.24	0.12	-0.34	0.86	0.75	-0.23	0.7	-0.16	0.57	0.54		0.81
Net Tangible Assets	1.0	0.27	0.47	0.41	1.0	0.98	-0.52	-0.44	0.52	0.98	0.83	0.56	0.98	0.91	0.44	0.01	-0.53	0.92	0.84	-0.61	0.94	-0.24	0.88	0.74	0.81

Click cells to compare fundamentals

Ressources Minieres Account Relationship Matchups

Ressources Minieres fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	43.0M	52.6M	49.5M	56.9M	65.4M	68.7M
Other Current Liab	523.1K	2.0M	169.3K	477.0K	548.6K	536.2K
Total Current Liabilities	523.7K	2.0M	169.5K	477.5K	549.2K	326.5K
Total Stockholder Equity	35.6M	44.1M	43.8M	50.0M	57.5M	60.3M
Property Plant And Equipment Net	26.4M	38.1M	44.6M	47.2M	54.3M	57.0M
Net Debt	(11.3M)	(10.9M)	(1.6M)	(1.9M)	(1.7M)	(1.8M)
Retained Earnings	(32.6M)	(30.6M)	(32.6M)	(33.4M)	(30.1M)	(31.6M)
Cash	11.3M	10.9M	1.6M	1.9M	2.2M	1.5M
Non Current Assets Total	27.7M	40.0M	45.4M	47.8M	55.0M	57.7M
Cash And Short Term Investments	14.9M	10.9M	1.6M	8.7M	10.0M	10.5M
Net Receivables	310.4K	1.0M	955.1K	166.8K	191.8K	213.9K
Common Stock Shares Outstanding	201.6M	254.8M	276.1M	293.5M	337.5M	354.4M
Liabilities And Stockholders Equity	43.0M	52.6M	49.5M	56.9M	65.4M	68.7M
Non Current Liabilities Total	6.9M	6.4M	5.6M	6.4M	7.4M	7.8M
Other Current Assets	77.8K	518.9K	126.7K	183.4K	210.9K	241.9K
Other Stockholder Equity	1.5M	1.1M	27.0K	453.0K	407.7K	387.3K
Total Liab	7.4M	8.4M	5.7M	6.9M	7.9M	8.3M
Total Current Assets	15.3M	12.5M	4.2M	9.0M	10.4M	10.9M
Common Stock	61.8M	68.0M	69.3M	75.6M	87.0M	91.3M
Accounts Payable	523.65	2.0K	169.49	477.52	429.77	408.28
Accumulated Other Comprehensive Income	5.0M	5.7M	7.1M	7.3M	8.4M	8.9M
Short Term Investments	175.1K	3.6M	0.0	6.8M	7.8M	8.2M
Other Liab	1.3M	3.0M	6.9M	6.4M	7.4M	3.7M
Net Tangible Assets	13.8M	21.7M	35.6M	44.1M	50.8M	53.3M
Property Plant Equipment	13.8M	16.1M	26.4M	38.1M	43.8M	46.0M
Non Current Liabilities Other	4.5M	2.0M	498.7K	1.1M	1.3M	1.5M
Net Invested Capital	35.6M	44.1M	43.8M	50.0M	57.5M	34.9M
Net Working Capital	14.8M	10.5M	4.0M	8.6M	9.8M	7.8M
Capital Stock	61.8M	68.0M	69.3M	75.6M	87.0M	66.2M

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 Ressources Stock Analysis

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