Source Book Value Per Share vs Pb Ratio Analysis

Stocks . Canada . 
Stock . Source Rock Royalties
SRR Stock   0.88  0.01  1.15%   
Source Rock financial indicator trend analysis is much more than just breaking down Source Rock Royalties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Source Rock Royalties is a good investment. Please check the relationship between Source Rock Book Value Per Share and its Pb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Source Rock Royalties. 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.

Book Value Per Share vs Pb Ratio

Book Value Per Share vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Source Rock Royalties Book Value Per Share account and Pb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Source Rock's Book Value Per Share and Pb Ratio is -0.98. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Source Rock Royalties, assuming nothing else is changed. The correlation between historical values of Source Rock's Book Value Per Share and Pb 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 Book Value Per Share of Source Rock Royalties are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Book Value Per Share i.e., Source Rock's Book Value Per Share and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Pb Ratio

Most indicators from Source Rock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Source Rock Royalties 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Source Rock Royalties. 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, Source Rock's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income956.0286.6K431.4K452.9K
Net Interest Income956.0286.6K431.4K452.9K

Source Rock fundamental ratios Correlations

Other Current Liab
Total Current Liabilities
Other Liab
Net Tangible Assets
Retained Earnings
Accounts Payable
Net Receivables
Total Current Assets
Common Stock
Property Plant Equipment
Total Assets
Total Stockholder Equity
Property Plant And Equipment Net
Cash
Non Current Assets Total
Common Stock Shares Outstanding
Non Current Liabilities Total
Total Liab
Net Invested Capital
Property Plant And Equipment Gross
Capital Stock
Net Working Capital
Other Current Assets
Other Assets
Other Stockholder Equity
Other Current Liab
0.56-0.680.79-0.810.850.910.62-0.49-0.710.930.930.670.470.680.88-0.910.110.930.85-0.180.54-0.8-0.8-0.8
Total Current Liabilities
0.56-0.420.43-0.40.070.580.95-0.3-0.380.640.62-0.170.92-0.150.38-0.630.850.620.13-0.30.93-0.09-0.09-0.09
Other Liab
-0.68-0.42-0.370.97-0.64-0.71-0.520.720.99-0.69-0.69-0.36-0.45-0.38-0.630.88-0.2-0.69-0.620.58-0.50.550.550.55
Net Tangible Assets
0.790.43-0.37-0.460.590.820.540.0-0.370.880.90.750.510.760.47-0.620.070.90.830.170.55-0.41-0.41-0.41
Retained Earnings
-0.81-0.40.97-0.46-0.8-0.78-0.490.740.98-0.75-0.75-0.5-0.37-0.51-0.780.93-0.09-0.75-0.730.51-0.440.720.720.72
Accounts Payable
0.850.07-0.640.59-0.80.720.16-0.51-0.70.690.710.84-0.010.840.88-0.75-0.370.710.9-0.150.07-0.95-0.95-0.95
Net Receivables
0.910.58-0.710.82-0.780.720.6-0.57-0.740.880.890.640.520.650.63-0.930.130.890.85-0.40.57-0.56-0.56-0.56
Total Current Assets
0.620.95-0.520.54-0.490.160.6-0.18-0.460.770.74-0.030.98-0.010.44-0.650.840.740.25-0.140.99-0.15-0.15-0.15
Common Stock
-0.49-0.30.720.00.74-0.51-0.57-0.180.78-0.28-0.28-0.13-0.08-0.13-0.490.740.0-0.28-0.370.91-0.120.50.50.5
Property Plant Equipment
-0.71-0.380.99-0.370.98-0.7-0.74-0.460.78-0.67-0.67-0.41-0.37-0.42-0.660.9-0.12-0.67-0.650.62-0.430.610.610.61
Total Assets
0.930.64-0.690.88-0.750.690.880.77-0.28-0.671.00.610.690.630.73-0.850.31.00.8-0.050.74-0.59-0.59-0.59
Total Stockholder Equity
0.930.62-0.690.9-0.750.710.890.74-0.28-0.671.00.640.660.660.73-0.850.261.00.83-0.050.71-0.6-0.6-0.6
Property Plant And Equipment Net
0.67-0.17-0.360.75-0.50.840.64-0.03-0.13-0.410.610.64-0.121.00.53-0.48-0.560.640.940.15-0.05-0.67-0.67-0.67
Cash
0.470.92-0.450.51-0.37-0.010.520.98-0.08-0.370.690.66-0.12-0.10.25-0.540.890.660.15-0.121.00.050.050.05
Non Current Assets Total
0.68-0.15-0.380.76-0.510.840.65-0.01-0.13-0.420.630.661.0-0.10.54-0.5-0.540.660.940.15-0.03-0.67-0.67-0.67
Common Stock Shares Outstanding
0.880.38-0.630.47-0.780.880.630.44-0.49-0.660.730.730.530.250.54-0.770.00.730.68-0.110.31-0.95-0.95-0.95
Non Current Liabilities Total
-0.91-0.630.88-0.620.93-0.75-0.93-0.650.740.9-0.85-0.85-0.48-0.54-0.5-0.77-0.23-0.85-0.750.54-0.60.670.670.67
Total Liab
0.110.85-0.20.07-0.09-0.370.130.840.0-0.120.30.26-0.560.89-0.540.0-0.230.26-0.31-0.140.860.320.320.32
Net Invested Capital
0.930.62-0.690.9-0.750.710.890.74-0.28-0.671.01.00.640.660.660.73-0.850.260.83-0.050.71-0.6-0.6-0.6
Property Plant And Equipment Gross
0.850.13-0.620.83-0.730.90.850.25-0.37-0.650.80.830.940.150.940.68-0.75-0.310.83-0.090.22-0.73-0.73-0.73
Capital Stock
-0.18-0.30.580.170.51-0.15-0.4-0.140.910.62-0.05-0.050.15-0.120.15-0.110.54-0.14-0.05-0.09-0.140.090.090.09
Net Working Capital
0.540.93-0.50.55-0.440.070.570.99-0.12-0.430.740.71-0.051.0-0.030.31-0.60.860.710.22-0.14-0.02-0.02-0.02
Other Current Assets
-0.8-0.090.55-0.410.72-0.95-0.56-0.150.50.61-0.59-0.6-0.670.05-0.67-0.950.670.32-0.6-0.730.09-0.021.01.0
Other Assets
-0.8-0.090.55-0.410.72-0.95-0.56-0.150.50.61-0.59-0.6-0.670.05-0.67-0.950.670.32-0.6-0.730.09-0.021.01.0
Other Stockholder Equity
-0.8-0.090.55-0.410.72-0.95-0.56-0.150.50.61-0.59-0.6-0.670.05-0.67-0.950.670.32-0.6-0.730.09-0.021.01.0
Click cells to compare fundamentals

Source Rock Account Relationship Matchups

High Positive Relationship

Total Stockholder Equity
+ 1.0
Total Assets
Net Invested Capital
+ 1.0
Total Assets
Net Invested Capital
+ 1.0
Total Stockholder Equity
Non Current Assets Total
+ 1.0
Property Plant And Equipment Net
Net Working Capital
+ 1.0
Cash
Other Assets
+ 1.0
Other Current Assets

High Negative Relationship

Other Stockholder Equity
- 0.95
Common Stock Shares Outstanding
Other Assets
- 0.95
Common Stock Shares Outstanding
Other Current Assets
- 0.95
Common Stock Shares Outstanding
Other Stockholder Equity
- 0.95
Accounts Payable
Other Assets
- 0.95
Accounts Payable
Other Current Assets
- 0.95
Accounts Payable

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