Torq Free Cash Flow Per Share vs Book Value Per Share Analysis

TORQ Stock

CAD 0.07 0.01 8.33%

Torq Resources financial indicator trend analysis is much more than just breaking down Torq Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Torq Resources is a good investment. Please check the relationship between Torq Resources Free Cash Flow Per Share and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torq Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Free Cash Flow Per Share vs Book Value Per Share

Free Cash Flow Per Share vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Torq Resources Free Cash Flow Per Share account and Book Value Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Torq Resources' Free Cash Flow Per Share and Book Value Per Share is -0.52. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Torq Resources, assuming nothing else is changed. The correlation between historical values of Torq Resources' Free Cash Flow Per Share and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Torq Resources are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Per Share i.e., Torq Resources' Free Cash Flow Per Share and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

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.

Most indicators from Torq Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Torq Resources 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 Torq Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

At this time, Torq Resources' Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, despite the fact that Enterprise Value Over EBITDA is likely to grow to (1.31).

Torq Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Non Current Liabilities Total	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Common Stock Shares Outstanding	Short Long Term Debt Total	Property Plant And Equipment Net	Accounts Payable	Other Stockholder Equity	Other Current Assets	Net Receivables	Intangible Assets	Non Currrent Assets Other	Inventory	Net Tangible Assets	Property Plant Equipment	Other Assets
Total Assets		0.05	0.98	-0.77	-0.12	0.79	0.47	0.79	0.06	0.1	0.81	0.48	-0.03	0.31	0.5	0.49	0.14	-0.37	0.14	0.42	0.14	0.12	0.2	0.65	0.17	-0.37
Total Current Liabilities	0.05		-0.13	0.36	-0.58	-0.25	0.41	-0.25	0.77	0.9	-0.22	0.42	0.8	0.35	0.1	0.36	0.78	0.34	0.57	0.18	-0.46	-0.5	0.1	0.02	0.57	-0.04
Total Stockholder Equity	0.98	-0.13		-0.82	0.04	0.81	0.42	0.81	-0.14	-0.1	0.83	0.38	-0.21	0.18	0.42	0.45	0.0	-0.37	0.0	0.43	0.29	0.19	0.13	0.58	-0.01	-0.31
Net Debt	-0.77	0.36	-0.82		0.02	-0.99	0.17	-0.99	0.18	0.23	-0.99	-0.42	0.18	-0.29	-0.53	0.14	0.33	0.51	0.13	0.07	-0.39	-0.23	-0.34	-0.71	0.0	0.5
Retained Earnings	-0.12	-0.58	0.04	0.02		-0.14	0.08	-0.14	-0.79	-0.76	-0.16	-0.83	-0.77	-0.95	-0.75	0.14	-0.45	0.2	-0.77	0.35	0.68	0.45	-0.7	-0.6	-0.92	0.65
Cash	0.79	-0.25	0.81	-0.99	-0.14		-0.16	1.0	-0.04	-0.09	1.0	0.51	-0.06	0.39	0.6	-0.13	-0.25	-0.53	-0.04	-0.1	0.29	0.2	0.41	0.78	0.13	-0.56
Non Current Assets Total	0.47	0.41	0.42	0.17	0.08	-0.16		-0.16	0.12	0.25	-0.12	0.01	0.0	-0.13	-0.1	0.99	0.52	0.19	0.2	0.83	-0.13	-0.08	-0.28	-0.11	0.02	0.23
Cash And Short Term Investments	0.79	-0.25	0.81	-0.99	-0.14	1.0	-0.16		-0.04	-0.09	1.0	0.51	-0.06	0.39	0.6	-0.13	-0.25	-0.53	-0.04	-0.1	0.29	0.2	0.41	0.78	0.13	-0.56
Non Current Liabilities Total	0.06	0.77	-0.14	0.18	-0.79	-0.04	0.12	-0.04		0.97	-0.03	0.55	0.9	0.66	0.44	0.05	0.52	-0.12	0.61	-0.26	-0.75	-0.2	0.42	0.42	0.88	-0.35
Total Liab	0.1	0.9	-0.1	0.23	-0.76	-0.09	0.25	-0.09	0.97		-0.07	0.55	0.9	0.6	0.36	0.18	0.68	0.01	0.66	-0.08	-0.69	-0.31	0.32	0.32	0.83	-0.28
Total Current Assets	0.81	-0.22	0.83	-0.99	-0.16	1.0	-0.12	1.0	-0.03	-0.07		0.53	-0.05	0.41	0.62	-0.1	-0.2	-0.53	0.0	-0.07	0.28	0.19	0.4	0.79	0.15	-0.56
Common Stock	0.48	0.42	0.38	-0.42	-0.83	0.51	0.01	0.51	0.55	0.55	0.53		0.57	0.85	0.81	0.01	0.33	-0.32	0.62	-0.17	-0.22	-0.36	0.66	0.8	0.72	-0.71
Other Current Liab	-0.03	0.8	-0.21	0.18	-0.77	-0.06	0.0	-0.06	0.9	0.9	-0.05	0.57		0.6	0.35	-0.05	0.46	0.05	0.56	-0.36	-0.54	-0.38	0.5	0.28	0.78	-0.39
Common Stock Shares Outstanding	0.31	0.35	0.18	-0.29	-0.95	0.39	-0.13	0.39	0.66	0.6	0.41	0.85	0.6		0.91	-0.19	0.3	-0.42	0.72	-0.36	-0.6	-0.29	0.77	0.78	0.88	-0.77
Short Long Term Debt Total	0.5	0.1	0.42	-0.53	-0.75	0.6	-0.1	0.6	0.44	0.36	0.62	0.81	0.35	0.91		-0.14	0.13	-0.7	0.68	-0.27	-0.37	-0.08	0.68	0.84	0.74	-0.76
Property Plant And Equipment Net	0.49	0.36	0.45	0.14	0.14	-0.13	0.99	-0.13	0.05	0.18	-0.1	0.01	-0.05	-0.19	-0.14		0.47	0.19	0.15	0.85	-0.02	-0.06	-0.31	-0.12	-0.05	0.26
Accounts Payable	0.14	0.78	0.0	0.33	-0.45	-0.25	0.52	-0.25	0.52	0.68	-0.2	0.33	0.46	0.3	0.13	0.47		0.22	0.69	0.42	-0.46	-0.33	0.0	0.05	0.46	-0.07
Other Stockholder Equity	-0.37	0.34	-0.37	0.51	0.2	-0.53	0.19	-0.53	-0.12	0.01	-0.53	-0.32	0.05	-0.42	-0.7	0.19	0.22		-0.33	0.23	0.07	-0.56	-0.27	-0.63	-0.36	0.4
Other Current Assets	0.14	0.57	0.0	0.13	-0.77	-0.04	0.2	-0.04	0.61	0.66	0.0	0.62	0.56	0.72	0.68	0.15	0.69	-0.33		0.0	-0.56	-0.33	0.35	0.35	0.8	-0.42
Net Receivables	0.42	0.18	0.43	0.07	0.35	-0.1	0.83	-0.1	-0.26	-0.08	-0.07	-0.17	-0.36	-0.36	-0.27	0.85	0.42	0.23	0.0		0.18	0.06	-0.58	-0.24	-0.36	0.45
Intangible Assets	0.14	-0.46	0.29	-0.39	0.68	0.29	-0.13	0.29	-0.75	-0.69	0.28	-0.22	-0.54	-0.6	-0.37	-0.02	-0.46	0.07	-0.56	0.18		0.15	-0.35	-0.23	-0.74	0.26
Non Currrent Assets Other	0.12	-0.5	0.19	-0.23	0.45	0.2	-0.08	0.2	-0.2	-0.31	0.19	-0.36	-0.38	-0.29	-0.08	-0.06	-0.33	-0.56	-0.33	0.06	0.15		-0.23	0.13	-0.3	0.15
Inventory	0.2	0.1	0.13	-0.34	-0.7	0.41	-0.28	0.41	0.42	0.32	0.4	0.66	0.5	0.77	0.68	-0.31	0.0	-0.27	0.35	-0.58	-0.35	-0.23		0.63	0.61	-0.86
Net Tangible Assets	0.65	0.02	0.58	-0.71	-0.6	0.78	-0.11	0.78	0.42	0.32	0.79	0.8	0.28	0.78	0.84	-0.12	0.05	-0.63	0.35	-0.24	-0.23	0.13	0.63		0.6	-0.73
Property Plant Equipment	0.17	0.57	-0.01	0.0	-0.92	0.13	0.02	0.13	0.88	0.83	0.15	0.72	0.78	0.88	0.74	-0.05	0.46	-0.36	0.8	-0.36	-0.74	-0.3	0.61	0.6		-0.62
Other Assets	-0.37	-0.04	-0.31	0.5	0.65	-0.56	0.23	-0.56	-0.35	-0.28	-0.56	-0.71	-0.39	-0.77	-0.76	0.26	-0.07	0.4	-0.42	0.45	0.26	0.15	-0.86	-0.73	-0.62

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Torq Resources Account Relationship Matchups

Torq Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.1M	9.1M	4.0M	15.6M	4.2M	5.1M
Total Current Liabilities	219.3K	202.9K	676.5K	1.6M	1.2M	1.3M
Total Stockholder Equity	10.8M	8.9M	3.3M	12.0M	1.0M	986.0K
Net Debt	(10.8M)	(8.7M)	(1.9M)	(10.5M)	1.5M	1.6M
Retained Earnings	(46.6M)	(48.7M)	(55.1M)	(66.9M)	(86.1M)	(81.8M)
Cash	10.8M	8.7M	1.9M	12.5M	488.0K	463.6K
Cash And Short Term Investments	10.8M	8.7M	1.9M	12.5M	488.0K	463.6K
Liabilities And Stockholders Equity	11.1M	9.1M	4.0M	15.6M	4.2M	5.1M
Non Current Liabilities Total	151.0K	68.2K	0.0	2.0M	2.0M	2.1M
Total Liab	219.3K	202.9K	676.5K	3.6M	3.2M	3.3M
Total Current Assets	11.1M	9.1M	2.7M	13.0M	1.1M	1.0M
Other Current Liab	219.3K	202.9K	676.5K	1.6M	1.2M	1.3M
Accounts Payable	50.4K	42.9K	81.3K	676.5K	778.0K	816.9K
Other Stockholder Equity	8.4M	8.6M	9.4M	10.6M	12.2M	16.0M
Other Current Assets	187.8K	303.8K	664.4K	466.1K	559.0K	587.0K
Accumulated Other Comprehensive Income	(19.0)	(1.3K)	(52.3K)	89.8K	14.0M	14.7M
Net Receivables	24.9K	43.0K	150.3K	65.9K	37.1K	35.3K
Net Tangible Assets	10.8M	8.9M	3.3M	12.0M	13.8M	7.6M
Net Invested Capital	10.8M	8.9M	3.3M	14.0M	3.0M	2.9M
Net Working Capital	10.8M	8.9M	2.0M	11.4M	(114.8K)	(109.1K)

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