Royal Ptb Ratio vs Income Quality Analysis

RHC Stock

CAD 0.02 0.01 20.00%

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

Ptb Ratio vs Income Quality

Ptb Ratio vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Helium Ptb Ratio account and Income Quality. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Royal Helium's Ptb Ratio and Income Quality is -0.33. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Income Quality in the same time period over historical financial statements of Royal Helium, assuming nothing else is changed. The correlation between historical values of Royal Helium's Ptb Ratio and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Royal Helium are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Ptb Ratio i.e., Royal Helium's Ptb Ratio and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Royal Helium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royal Helium 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 Royal Helium. 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, Royal Helium's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 38.20 in 2025, whereas Discontinued Operations is likely to drop (1.6 M) in 2025.

Royal Helium fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	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	Other Liab	Net Tangible Assets	Other Assets	Common Stock	Property Plant Equipment	Net Invested Capital
Total Assets		-0.3	0.99	0.98	1.0	0.89	-0.78	0.89	0.08	1.0	-0.23	-0.2	0.5	0.98	0.93	-0.59	0.82	-0.27	0.97	0.28	-0.57	0.85	0.49	0.97	0.85	1.0
Other Current Liab	-0.3		-0.26	-0.33	-0.29	-0.19	0.49	-0.3	-0.17	-0.29	0.01	-0.1	-0.01	-0.4	-0.22	0.34	-0.24	0.39	-0.23	-0.19	0.56	-0.3	-0.64	-0.41	-0.28	-0.34
Total Current Liabilities	0.99	-0.26		0.98	0.98	0.85	-0.81	0.94	0.11	0.98	-0.21	-0.16	0.52	0.98	0.89	-0.64	0.84	-0.27	0.94	0.31	-0.61	0.84	0.52	0.98	0.84	0.99
Total Stockholder Equity	0.98	-0.33	0.98		0.97	0.79	-0.76	0.96	0.11	0.97	-0.26	-0.14	0.62	0.97	0.84	-0.55	0.81	-0.29	0.89	0.32	-0.58	0.9	0.48	0.98	0.89	0.98
Property Plant And Equipment Net	1.0	-0.29	0.98	0.97		0.91	-0.78	0.88	0.02	1.0	-0.21	-0.27	0.5	0.98	0.94	-0.58	0.82	-0.27	0.97	0.21	-0.56	0.83	0.5	0.97	0.83	1.0
Net Debt	0.89	-0.19	0.85	0.79	0.91		-0.66	0.63	-0.21	0.91	-0.09	-0.49	0.25	0.85	0.98	-0.53	0.75	-0.23	0.96	-0.05	-0.45	0.61	0.44	0.8	0.63	0.89
Retained Earnings	-0.78	0.49	-0.81	-0.76	-0.78	-0.66		-0.79	-0.16	-0.77	-0.08	0.05	-0.11	-0.86	-0.71	0.88	-0.81	0.31	-0.75	-0.31	0.84	-0.48	-0.87	-0.85	-0.48	-0.81
Accounts Payable	0.89	-0.3	0.94	0.96	0.88	0.63	-0.79		0.17	0.88	-0.21	-0.05	0.63	0.92	0.68	-0.61	0.79	-0.29	0.77	0.37	-0.64	0.83	0.53	0.95	0.83	0.9
Cash	0.08	-0.17	0.11	0.11	0.02	-0.21	-0.16	0.17		0.02	-0.24	0.95	-0.04	0.13	0.02	-0.17	-0.12	0.08	0.04	0.97	-0.13	0.28	0.06	0.11	0.21	0.08
Non Current Assets Total	1.0	-0.29	0.98	0.97	1.0	0.91	-0.77	0.88	0.02		-0.21	-0.27	0.5	0.98	0.94	-0.58	0.83	-0.27	0.97	0.21	-0.56	0.83	0.49	0.97	0.84	1.0
Non Currrent Assets Other	-0.23	0.01	-0.21	-0.26	-0.21	-0.09	-0.08	-0.21	-0.24	-0.21		-0.19	-0.42	-0.18	-0.15	-0.2	0.34	0.06	-0.17	-0.26	-0.13	-0.42	0.3	-0.18	-0.4	-0.2
Cash And Short Term Investments	-0.2	-0.1	-0.16	-0.14	-0.27	-0.49	0.05	-0.05	0.95	-0.27	-0.19		-0.1	-0.15	-0.29	0.01	-0.34	0.14	-0.26	0.88	0.02	0.06	-0.08	-0.15	-0.01	-0.2
Net Receivables	0.5	-0.01	0.52	0.62	0.5	0.25	-0.11	0.63	-0.04	0.5	-0.42	-0.1		0.44	0.25	0.17	0.31	-0.07	0.33	0.14	0.03	0.76	-0.2	0.5	0.76	0.48
Common Stock Shares Outstanding	0.98	-0.4	0.98	0.97	0.98	0.85	-0.86	0.92	0.13	0.98	-0.18	-0.15	0.44		0.9	-0.68	0.83	-0.37	0.94	0.32	-0.7	0.83	0.62	0.99	0.82	0.99
Non Current Liabilities Total	0.93	-0.22	0.89	0.84	0.94	0.98	-0.71	0.68	0.02	0.94	-0.15	-0.29	0.25	0.9		-0.57	0.74	-0.21	0.99	0.17	-0.48	0.69	0.45	0.84	0.69	0.93
Inventory	-0.59	0.34	-0.64	-0.55	-0.58	-0.53	0.88	-0.61	-0.17	-0.58	-0.2	0.01	0.17	-0.68	-0.57		-0.7	0.27	-0.6	-0.25	0.82	-0.23	-0.88	-0.67	-0.22	-0.63
Other Current Assets	0.82	-0.24	0.84	0.81	0.82	0.75	-0.81	0.79	-0.12	0.83	0.34	-0.34	0.31	0.83	0.74	-0.7		-0.21	0.78	0.07	-0.64	0.56	0.66	0.85	0.57	0.83
Other Stockholder Equity	-0.27	0.39	-0.27	-0.29	-0.27	-0.23	0.31	-0.29	0.08	-0.27	0.06	0.14	-0.07	-0.37	-0.21	0.27	-0.21		-0.23	0.0	0.71	-0.27	-0.41	-0.36	-0.22	-0.29
Total Liab	0.97	-0.23	0.94	0.89	0.97	0.96	-0.75	0.77	0.04	0.97	-0.17	-0.26	0.33	0.94	0.99	-0.6	0.78	-0.23		0.21	-0.53	0.75	0.48	0.9	0.75	0.96
Total Current Assets	0.28	-0.19	0.31	0.32	0.21	-0.05	-0.31	0.37	0.97	0.21	-0.26	0.88	0.14	0.32	0.17	-0.25	0.07	0.0	0.21		-0.24	0.45	0.13	0.3	0.39	0.27
Other Liab	-0.57	0.56	-0.61	-0.58	-0.56	-0.45	0.84	-0.64	-0.13	-0.56	-0.13	0.02	0.03	-0.7	-0.48	0.82	-0.64	0.71	-0.53	-0.24		-0.34	-0.89	-0.7	-0.31	-0.61
Net Tangible Assets	0.85	-0.3	0.84	0.9	0.83	0.61	-0.48	0.83	0.28	0.83	-0.42	0.06	0.76	0.83	0.69	-0.23	0.56	-0.27	0.75	0.45	-0.34		0.19	0.83	0.99	0.84
Other Assets	0.49	-0.64	0.52	0.48	0.5	0.44	-0.87	0.53	0.06	0.49	0.3	-0.08	-0.2	0.62	0.45	-0.88	0.66	-0.41	0.48	0.13	-0.89	0.19		0.62	0.19	0.55
Common Stock	0.97	-0.41	0.98	0.98	0.97	0.8	-0.85	0.95	0.11	0.97	-0.18	-0.15	0.5	0.99	0.84	-0.67	0.85	-0.36	0.9	0.3	-0.7	0.83	0.62		0.83	0.98
Property Plant Equipment	0.85	-0.28	0.84	0.89	0.83	0.63	-0.48	0.83	0.21	0.84	-0.4	-0.01	0.76	0.82	0.69	-0.22	0.57	-0.22	0.75	0.39	-0.31	0.99	0.19	0.83		0.84
Net Invested Capital	1.0	-0.34	0.99	0.98	1.0	0.89	-0.81	0.9	0.08	1.0	-0.2	-0.2	0.48	0.99	0.93	-0.63	0.83	-0.29	0.96	0.27	-0.61	0.84	0.55	0.98	0.84

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Royal Helium Account Relationship Matchups

Royal Helium fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.5M	29.4M	59.7M	91.8M	105.6M	110.9M
Other Current Liab	24.1K	13.9K	18.9K	147.2K	132.5K	192.6K
Total Current Liabilities	355.4K	4.6M	8.8M	10.9M	12.5M	13.2M
Total Stockholder Equity	8.1M	24.6M	50.6M	49.6M	57.1M	59.9M
Property Plant And Equipment Net	2.5M	18.4M	56.8M	87.2M	100.3M	105.3M
Net Debt	(5.9M)	(10.4M)	(1.0M)	23.0M	26.5M	27.8M
Retained Earnings	(25.6M)	(30.8M)	(35.2M)	(46.2M)	(41.6M)	(39.5M)
Accounts Payable	341.5K	4.6M	8.6M	5.9M	6.8M	7.1M
Cash	5.9M	10.4M	1.0M	2.6M	3.0M	3.7M
Non Current Assets Total	2.5M	18.4M	56.9M	87.3M	100.4M	105.4M
Cash And Short Term Investments	27.3K	5.9M	10.4M	1.0M	1.2M	1.1M
Net Receivables	56.8K	318.6K	751.4K	412.2K	474.1K	255.4K
Common Stock Shares Outstanding	47.1M	123.3M	178.0M	246.6M	283.6M	297.8M
Liabilities And Stockholders Equity	2.2M	8.5M	29.4M	59.7M	68.7M	72.1M
Total Liab	355.4K	4.8M	9.2M	42.2M	48.5M	51.0M
Total Current Assets	6.0M	11.0M	2.9M	4.5M	5.2M	4.4M
Net Tangible Assets	1.8M	1.8M	8.1M	24.6M	28.3M	29.7M
Common Stock	23.8M	30.5M	47.4M	75.6M	86.9M	91.3M
Property Plant Equipment	1.8M	2.1M	2.5M	18.4M	21.2M	22.2M
Net Invested Capital	8.1M	24.6M	50.6M	75.2M	86.5M	90.8M
Net Working Capital	5.6M	6.4M	(5.9M)	(6.4M)	(5.8M)	(5.5M)
Capital Stock	30.5M	47.4M	75.6M	83.1M	95.6M	52.1M

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