Reyna Ptb Ratio vs Average Payables Analysis
RSLV Stock | CAD 0.12 0.01 9.09% |
Reyna Silver financial indicator trend analysis is much more than just breaking down Reyna Silver Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reyna Silver Corp is a good investment. Please check the relationship between Reyna Silver Ptb Ratio and its Average Payables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reyna Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Ptb Ratio vs Average Payables
Ptb Ratio vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reyna Silver Corp Ptb Ratio account and Average Payables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Reyna Silver's Ptb Ratio and Average Payables is 0.17. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Average Payables in the same time period over historical financial statements of Reyna Silver Corp, assuming nothing else is changed. The correlation between historical values of Reyna Silver's Ptb Ratio and Average Payables 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 Reyna Silver Corp are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Ptb Ratio i.e., Reyna Silver's Ptb Ratio and Average Payables go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most indicators from Reyna Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reyna Silver Corp 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 Reyna Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. Selling General Administrative is likely to climb to about 2.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.5 M in 2024.
Reyna Silver fundamental ratios Correlations
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Reyna Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Reyna Silver fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9M | 16.6M | 16.5M | 16.0M | 14.7M | 12.9M | |
Total Current Liabilities | 250.8K | 448.5K | 350.2K | 575.9K | 576.5K | 462.5K | |
Total Stockholder Equity | 1.2M | 16.1M | 16.2M | 15.5M | 14.2M | 11.9M | |
Net Tangible Assets | 925.1K | 16.1M | 16.2M | 15.5M | 17.8M | 10.7M | |
Retained Earnings | (696.0K) | (6.4M) | (18.2M) | (26.8M) | (35.8M) | (34.0M) | |
Accounts Payable | 23.0K | 448.5K | 350.2K | 567.1K | 464.9K | 354.0K | |
Cash | 2.4M | 11.3M | 7.7M | 2.0M | 96.1K | 91.3K | |
Non Current Assets Total | 1.5M | 5.0M | 8.7M | 13.7M | 14.6M | 8.2M | |
Net Receivables | 1.4K | 80.7K | 15.4K | 4.4K | 6.8K | 6.4K | |
Total Liab | 2.7M | 448.5K | 350.2K | 575.9K | 576.5K | 719.3K | |
Net Invested Capital | 1.2M | 16.1M | 16.2M | 15.5M | 14.2M | 11.9M | |
Total Current Assets | 1.1M | 11.5M | 7.8M | 2.4M | 168.8K | 160.3K | |
Capital Stock | 1.9M | 19.9M | 27.7M | 34.8M | 41.2M | 23.3M | |
Net Working Capital | 885.5K | 11.1M | 7.5M | 1.8M | (407.7K) | (387.3K) | |
Common Stock | 858.1K | 19.9M | 27.7M | 34.8M | 40.1M | 42.1M | |
Property Plant Equipment | 2.3M | 4.9M | 7.4M | 11.6M | 13.4M | 14.0M |
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When running Reyna Silver's price analysis, check to measure Reyna Silver's 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 Reyna Silver is operating at the current time. Most of Reyna Silver's value examination focuses on studying past and present price action to predict the probability of Reyna Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reyna Silver's price. Additionally, you may evaluate how the addition of Reyna Silver to your portfolios can decrease your overall portfolio volatility.