Orex Pb Ratio vs Free Cash Flow Yield Analysis

REX Stock  CAD 0.12  0.01  7.69%   
Orex Minerals financial indicator trend analysis is much more than just breaking down Orex Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orex Minerals is a good investment. Please check the relationship between Orex Minerals Pb Ratio and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orex Minerals. 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.

Pb Ratio vs Free Cash Flow Yield

Pb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orex Minerals Pb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong relationship.
The correlation between Orex Minerals' Pb Ratio and Free Cash Flow Yield is 0.78. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Orex Minerals, assuming nothing else is changed. The correlation between historical values of Orex Minerals' Pb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Orex Minerals are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Pb Ratio i.e., Orex Minerals' Pb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Pb Ratio

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Orex Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orex Minerals 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 Orex Minerals. 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, Orex Minerals' Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 4.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 162.6 K in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses2.1M1.9M2.2M2.7M
Depreciation And Amortization5.3K4.0K3.6K3.4K

Orex Minerals fundamental ratios Correlations

0.490.490.96-0.39-0.110.860.430.430.590.760.920.50.680.310.790.830.210.60.260.470.610.330.440.210.48
0.490.660.290.090.110.68-0.07-0.10.070.730.520.770.060.00.690.630.180.45-0.290.590.580.020.620.180.59
0.490.660.230.30.010.71-0.3-0.290.050.780.560.98-0.07-0.070.760.730.050.53-0.370.640.58-0.070.630.050.65
0.960.290.23-0.53-0.140.730.580.570.650.590.850.230.790.370.630.690.220.50.420.310.480.40.280.220.32
-0.390.090.3-0.53-0.03-0.04-0.92-0.99-0.330.13-0.10.27-0.49-0.36-0.07-0.16-0.17-0.01-0.320.26-0.11-0.430.09-0.170.25
-0.110.110.01-0.14-0.030.00.02-0.030.06-0.01-0.040.04-0.030.290.11-0.080.38-0.73-0.160.380.580.310.580.380.4
0.860.680.710.73-0.040.00.060.080.380.870.880.720.440.110.860.830.160.58-0.030.680.70.320.630.160.68
0.43-0.07-0.30.58-0.920.020.060.90.33-0.080.12-0.280.620.330.080.140.380.040.29-0.230.130.4-0.090.38-0.22
0.43-0.1-0.290.57-0.99-0.030.080.90.37-0.110.14-0.270.540.340.060.160.090.050.36-0.240.110.43-0.120.09-0.24
0.590.070.050.65-0.330.060.380.330.370.210.590.040.690.620.230.260.160.090.790.020.220.530.00.160.02
0.760.730.780.590.13-0.010.87-0.08-0.110.210.820.80.25-0.150.920.850.220.63-0.230.840.72-0.140.750.220.84
0.920.520.560.85-0.1-0.040.880.120.140.590.820.560.590.340.80.790.160.550.260.60.650.250.530.160.61
0.50.770.980.230.270.040.72-0.28-0.270.040.80.56-0.09-0.060.780.750.040.52-0.380.670.61-0.070.660.040.67
0.680.06-0.070.79-0.49-0.030.440.620.540.690.250.59-0.090.450.180.170.390.220.560.070.280.48-0.020.390.08
0.310.0-0.070.37-0.360.290.110.330.340.62-0.150.34-0.060.450.020.090.18-0.210.62-0.230.170.73-0.060.18-0.22
0.790.690.760.63-0.070.110.860.080.060.230.920.80.780.180.020.960.260.53-0.210.750.770.040.810.260.76
0.830.630.730.69-0.16-0.080.830.140.160.260.850.790.750.170.090.960.10.63-0.10.590.630.090.650.10.6
0.210.180.050.22-0.170.380.160.380.090.160.220.160.040.390.180.260.1-0.09-0.040.120.280.160.291.00.18
0.60.450.530.5-0.01-0.730.580.040.050.090.630.550.520.22-0.210.530.63-0.09-0.060.20.07-0.230.07-0.090.2
0.26-0.29-0.370.42-0.32-0.16-0.030.290.360.79-0.230.26-0.380.560.62-0.21-0.1-0.04-0.06-0.42-0.260.47-0.47-0.04-0.42
0.470.590.640.310.260.380.68-0.23-0.240.020.840.60.670.07-0.230.750.590.120.2-0.420.87-0.180.910.121.0
0.610.580.580.48-0.110.580.70.130.110.220.720.650.610.280.170.770.630.280.07-0.260.870.190.920.280.87
0.330.02-0.070.4-0.430.310.320.40.430.53-0.140.25-0.070.480.730.040.090.16-0.230.47-0.180.19-0.020.16-0.18
0.440.620.630.280.090.580.63-0.09-0.120.00.750.530.66-0.02-0.060.810.650.290.07-0.470.910.92-0.020.290.92
0.210.180.050.22-0.170.380.160.380.090.160.220.160.040.390.180.260.11.0-0.09-0.040.120.280.160.290.18
0.480.590.650.320.250.40.68-0.22-0.240.020.840.610.670.08-0.220.760.60.180.2-0.421.00.87-0.180.920.18
Click cells to compare fundamentals

Orex Minerals Account Relationship Matchups

Orex Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2M8.6M6.6M4.6M3.5M6.5M
Other Current Liab89.2K104.0K66.2K83.4K75.1K71.3K
Total Current Liabilities104.0K66.2K72.4K83.4K523.5K537.1K
Total Stockholder Equity3.0M8.5M6.5M4.5M2.9M5.7M
Net Debt(999.2K)(242.4K)(5.6M)(1.1M)(1.0M)(1.1M)
Retained Earnings(33.1M)(35.6M)(37.9M)(40.3M)(42.1M)(40.0M)
Accounts Payable61.9K65.5K72.4K83.4K95.9K130.5K
Cash242.4K5.6M3.3M1.1M27.9K26.5K
Cash And Short Term Investments999.2K242.4K5.6M1.1M1.3M1.6M
Common Stock Shares Outstanding11.4M11.7M16.6M18.7M20.0M34.0M
Liabilities And Stockholders Equity4.3M3.2M8.6M4.6M5.3M6.6M
Other Current Assets32.1K46.1K38.5K30.0K27.0K25.7K
Other Stockholder Equity6.1M6.6M6.9M7.2M8.3M13.6M
Total Liab104.0K66.2K72.4K83.4K523.5K829.0K
Total Current Assets311.9K5.7M3.5M1.3M63.3K60.2K
Net Receivables37.4K54.1K142.2K99.0K29.3K27.8K
Property Plant And Equipment Net528.4K21.3K16.0K12.0K9.0K8.5K
Non Current Assets Total2.8M2.9M3.1M3.4M3.4M4.6M
Accumulated Other Comprehensive Income5.6M6.1M6.6M7.2M8.3M4.4M
Common Stock29.3M29.3M30.0M37.6M43.2M34.0M
Non Currrent Assets Other374.3K151.4K178.8K190.6K219.2K319.6K
Net Tangible Assets3.0M8.5M6.5M4.5M4.1M6.8M
Other Assets151.4K178.8K137.3K190.6K171.5K163.0K
Property Plant Equipment528.4K21.3K16.0K12.0K10.8K10.2K
Long Term Investments2.2M2.7M3.0M3.1M3.1M2.5M
Net Invested Capital3.0M8.5M6.5M4.5M2.9M4.5M
Net Working Capital207.9K5.7M3.4M1.2M(460.1K)(437.1K)

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 Orex Stock Analysis

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