Wheaton Free Cash Flow Yield vs Ptb Ratio Analysis

WPM Stock

CAD 95.71 2.54 2.59%

Wheaton Precious financial indicator trend analysis is more than just analyzing Wheaton Precious Metals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wheaton Precious Metals is a good investment. Please check the relationship between Wheaton Precious Free Cash Flow Yield and its Ptb Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. 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.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wheaton Precious Metals Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have weak relationship.

The correlation between Wheaton Precious' Free Cash Flow Yield and Ptb Ratio is 0.36. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Wheaton Precious Metals, assuming nothing else is changed. The correlation between historical values of Wheaton Precious' Free Cash Flow Yield and Ptb 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 Free Cash Flow Yield of Wheaton Precious Metals are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Wheaton Precious' Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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.

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.

Most indicators from Wheaton Precious' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wheaton Precious Metals 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. 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.

As of the 18th of February 2025, Selling General Administrative is likely to grow to about 70.5 M. Also, Tax Provision is likely to grow to about 1.7 M

	2022	2023	2024	2025 (projected)
Gross Profit	565.5M	573.4M	659.5M	692.4M
Total Revenue	1.1B	1.0B	1.2B	1.2B

Gross Profit Total Revenue

Wheaton Precious fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	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 Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Retained Earnings	Other Current Assets	Other Assets	Common Stock Total Equity
Total Assets		-0.22	0.97	0.99	-0.08	0.47	0.37	0.99	0.69	0.37	0.65	0.75	0.02	0.2	-0.38	0.0	0.94	0.39	0.72	0.06	-0.3	0.0	0.87	0.11	0.81	0.89
Total Current Liabilities	-0.22		-0.19	-0.25	-0.21	-0.11	0.1	-0.24	-0.15	0.1	0.06	0.09	-0.13	0.17	0.93	-0.06	-0.21	0.1	0.12	-0.24	0.99	-0.13	-0.24	0.08	-0.09	-0.14
Total Stockholder Equity	0.97	-0.19		0.93	-0.31	0.39	0.51	0.94	0.74	0.51	0.8	0.68	-0.22	0.18	-0.37	-0.24	0.97	0.53	0.74	-0.18	-0.26	-0.02	0.95	0.05	0.85	0.86
Property Plant And Equipment Net	0.99	-0.25	0.93		0.05	0.47	0.23	1.0	0.63	0.23	0.56	0.75	0.13	0.19	-0.39	0.11	0.91	0.25	0.66	0.17	-0.34	0.04	0.81	0.12	0.79	0.89
Net Debt	-0.08	-0.21	-0.31	0.05		0.13	-0.81	0.02	-0.39	-0.81	-0.74	0.04	0.96	0.06	-0.09	0.95	-0.29	-0.8	-0.3	0.96	-0.25	0.16	-0.48	0.24	-0.28	-0.04
Accounts Payable	0.47	-0.11	0.39	0.47	0.13		0.29	0.45	0.14	0.29	0.13	0.59	0.28	-0.12	-0.29	0.27	0.32	0.29	0.33	0.31	-0.22	-0.08	0.35	-0.02	0.18	0.35
Cash	0.37	0.1	0.51	0.23	-0.81	0.29		0.26	0.52	1.0	0.73	0.23	-0.63	-0.09	-0.11	-0.63	0.46	1.0	0.52	-0.61	0.1	-0.2	0.66	-0.11	0.34	0.19
Non Current Assets Total	0.99	-0.24	0.94	1.0	0.02	0.45	0.26		0.65	0.26	0.58	0.75	0.1	0.21	-0.38	0.08	0.92	0.27	0.69	0.14	-0.32	0.03	0.82	0.13	0.8	0.9
Non Currrent Assets Other	0.69	-0.15	0.74	0.63	-0.39	0.14	0.52	0.65		0.52	0.8	0.25	-0.31	-0.17	-0.22	-0.32	0.76	0.52	0.84	-0.29	-0.16	0.06	0.81	-0.17	0.52	0.47
Cash And Short Term Investments	0.37	0.1	0.51	0.23	-0.81	0.29	1.0	0.26	0.52		0.73	0.23	-0.63	-0.09	-0.11	-0.63	0.46	1.0	0.52	-0.61	0.1	-0.2	0.66	-0.11	0.34	0.19
Net Receivables	0.65	0.06	0.8	0.56	-0.74	0.13	0.73	0.58	0.8	0.73		0.34	-0.67	0.02	-0.1	-0.67	0.81	0.74	0.77	-0.66	0.05	-0.17	0.89	-0.12	0.65	0.5
Common Stock Shares Outstanding	0.75	0.09	0.68	0.75	0.04	0.59	0.23	0.75	0.25	0.23	0.34		0.17	0.21	-0.05	0.18	0.62	0.25	0.45	0.17	0.0	0.12	0.51	0.13	0.76	0.86
Non Current Liabilities Total	0.02	-0.13	-0.22	0.13	0.96	0.28	-0.63	0.1	-0.31	-0.63	-0.67	0.17		0.03	-0.06	1.0	-0.22	-0.63	-0.17	0.99	-0.18	0.12	-0.39	0.25	-0.24	0.01
Inventory	0.2	0.17	0.18	0.19	0.06	-0.12	-0.09	0.21	-0.17	-0.09	0.02	0.21	0.03		-0.05	0.04	0.13	-0.05	0.11	0.04	0.17	-0.12	0.06	0.78	0.4	0.3
Other Stockholder Equity	-0.38	0.93	-0.37	-0.39	-0.09	-0.29	-0.11	-0.38	-0.22	-0.11	-0.1	-0.05	-0.06	-0.05		0.01	-0.35	-0.11	-0.07	-0.17	0.94	-0.01	-0.41	-0.09	-0.24	-0.26
Total Liab	0.0	-0.06	-0.24	0.11	0.95	0.27	-0.63	0.08	-0.32	-0.63	-0.67	0.18	1.0	0.04	0.01		-0.24	-0.63	-0.16	0.98	-0.11	0.11	-0.41	0.26	-0.25	0.0
Property Plant And Equipment Gross	0.94	-0.21	0.97	0.91	-0.29	0.32	0.46	0.92	0.76	0.46	0.81	0.62	-0.22	0.13	-0.35	-0.24		0.48	0.72	-0.18	-0.25	-0.06	0.95	0.0	0.82	0.81
Total Current Assets	0.39	0.1	0.53	0.25	-0.8	0.29	1.0	0.27	0.52	1.0	0.74	0.25	-0.63	-0.05	-0.11	-0.63	0.48		0.54	-0.61	0.1	-0.2	0.68	-0.07	0.37	0.21
Intangible Assets	0.72	0.12	0.74	0.66	-0.3	0.33	0.52	0.69	0.84	0.52	0.77	0.45	-0.17	0.11	-0.07	-0.16	0.72	0.54		-0.16	0.07	-0.08	0.76	0.18	0.53	0.5
Short Long Term Debt Total	0.06	-0.24	-0.18	0.17	0.96	0.31	-0.61	0.14	-0.29	-0.61	-0.66	0.17	0.99	0.04	-0.17	0.98	-0.18	-0.61	-0.16		-0.28	0.12	-0.34	0.26	-0.22	0.03
Other Current Liab	-0.3	0.99	-0.26	-0.34	-0.25	-0.22	0.1	-0.32	-0.16	0.1	0.05	0.0	-0.18	0.17	0.94	-0.11	-0.25	0.1	0.07	-0.28		-0.11	-0.28	0.08	-0.13	-0.21
Short Term Debt	0.0	-0.13	-0.02	0.04	0.16	-0.08	-0.2	0.03	0.06	-0.2	-0.17	0.12	0.12	-0.12	-0.01	0.11	-0.06	-0.2	-0.08	0.12	-0.11		-0.15	-0.12	0.04	0.13
Retained Earnings	0.87	-0.24	0.95	0.81	-0.48	0.35	0.66	0.82	0.81	0.66	0.89	0.51	-0.39	0.06	-0.41	-0.41	0.95	0.68	0.76	-0.34	-0.28	-0.15		-0.01	0.75	0.68
Other Current Assets	0.11	0.08	0.05	0.12	0.24	-0.02	-0.11	0.13	-0.17	-0.11	-0.12	0.13	0.25	0.78	-0.09	0.26	0.0	-0.07	0.18	0.26	0.08	-0.12	-0.01		0.12	0.09
Other Assets	0.81	-0.09	0.85	0.79	-0.28	0.18	0.34	0.8	0.52	0.34	0.65	0.76	-0.24	0.4	-0.24	-0.25	0.82	0.37	0.53	-0.22	-0.13	0.04	0.75	0.12		0.92
Common Stock Total Equity	0.89	-0.14	0.86	0.89	-0.04	0.35	0.19	0.9	0.47	0.19	0.5	0.86	0.01	0.3	-0.26	0.0	0.81	0.21	0.5	0.03	-0.21	0.13	0.68	0.09	0.92

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Wheaton Precious Account Relationship Matchups

Wheaton Precious fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.0B	6.3B	6.8B	7.0B	8.1B	8.5B
Total Current Liabilities	31.2M	29.7M	30.7M	26.1M	30.0M	40.0M
Total Stockholder Equity	5.7B	6.3B	6.7B	7.0B	8.0B	8.4B
Property Plant And Equipment Net	5.5B	6.0B	5.8B	6.1B	7.0B	7.4B
Net Debt	6.0M	(223.2M)	(694.1M)	(540.3M)	(621.3M)	(590.3M)
Accounts Payable	13.0M	13.9M	12.6M	13.5M	15.5M	14.2M
Cash	192.7M	226.0M	696.1M	546.5M	628.5M	659.9M
Non Current Assets Total	5.8B	6.0B	6.0B	6.5B	7.4B	7.8B
Non Currrent Assets Other	5.0M	6.9M	18.1M	66.4M	59.8M	76.0M
Cash And Short Term Investments	192.7M	226.0M	696.1M	546.5M	628.5M	659.9M
Net Receivables	6.7M	12.4M	10.2M	16.0M	18.4M	19.3M
Common Stock Shares Outstanding	450.1M	451.2M	452.3M	453.5M	521.5M	301.7M
Liabilities And Stockholders Equity	6.0B	6.3B	6.8B	7.0B	8.1B	8.5B
Non Current Liabilities Total	211.5M	16.3M	11.5M	19.6M	22.5M	21.4M
Inventory	2.4M	8.7M	10.5M	1.4M	1.6M	1.5M
Other Stockholder Equity	160.7M	126.9M	47.0M	8.1M	7.3M	7.0M
Total Liab	242.7M	46.0M	42.2M	45.7M	52.5M	49.9M
Property Plant And Equipment Gross	5.5B	8.9B	8.3B	8.9B	10.3B	10.8B
Total Current Assets	201.8M	249.7M	720.1M	567.4M	652.5M	685.1M
Accumulated Other Comprehensive Income	126.9M	47.0M	66.5M	(40.1M)	(46.1M)	(43.8M)
Intangible Assets	3.0M	2.7M	2.3M	6.4M	7.4M	7.7M
Short Long Term Debt Total	198.6M	2.9M	2.0M	6.2M	7.2M	6.8M
Other Current Liab	76K	14.8M	14.6M	12.0M	13.8M	17.9M
Short Term Debt	773K	813K	818K	604K	694.6K	659.9K
Retained Earnings	1.9B	2.5B	2.9B	3.2B	3.7B	3.9B
Other Current Assets	2.5M	2.6M	3.3M	3.5M	4.0M	4.5M
Other Assets	65.6M	54.8M	64.4M	72.5M	83.4M	42.5M
Common Stock	3.6B	3.7B	3.8B	3.8B	4.3B	3.2B
Other Liab	9.4M	13.7M	14.3M	10.4M	11.9M	7.4M
Net Tangible Assets	5.3B	5.7B	6.2B	6.7B	7.7B	5.5B
Long Term Investments	199.9M	61.5M	255.5M	246.7M	283.7M	151.7M
Property Plant Equipment	5.7B	5.5B	5.9B	5.7B	6.6B	6.0B
Deferred Long Term Liab	5.2M	5.2M	5.6M	5.8M	6.6M	3.5M
Long Term Debt Total	878.0M	197.9M	2.1M	1.2M	1.0M	985.0K
Net Invested Capital	5.9B	6.3B	6.7B	7.0B	8.0B	6.9B
Cash And Equivalents	104.0M	192.7M	226.0M	696.1M	800.5M	840.5M

Pair Trading with Wheaton Precious

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wheaton Precious position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wheaton Precious will appreciate offsetting losses from the drop in the long position's value.

Moving together with Wheaton Stock

0.78

ORE

Orezone Gold Corp

Pair Corr

Moving against Wheaton Stock

0.51	NVDA	NVIDIA CDR Earnings Call Tomorrow	Pair Corr
0.37	MSFT	Microsoft Corp CDR	Pair Corr
0.34	IE	Ivanhoe Energy	Pair Corr

The ability to find closely correlated positions to Wheaton Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheaton Precious when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wheaton Precious - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wheaton Precious Metals to buy it.

The correlation of Wheaton Precious is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wheaton Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheaton Precious Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Wheaton Precious can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Wheaton Precious Metals is a strong investment it is important to analyze Wheaton Precious' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wheaton Precious' future performance. For an informed investment choice regarding Wheaton Stock, refer to the following important reports:

How To Invest In Wheaton

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Is Wheaton Stock a good investment?

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What is Wheaton Precious' Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. 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.

You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Please note, there is a significant difference between Wheaton Precious' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheaton Precious is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheaton Precious' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Wheaton Free Cash Flow Yield vs Ptb Ratio Analysis

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ptb Ratio

Wheaton Precious fundamental ratios Correlations

Wheaton Precious Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wheaton Precious fundamental ratios Accounts

Pair Trading with Wheaton Precious

Moving together with Wheaton Stock

Moving against Wheaton Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.81	Net Debt
Cash	- 0.81	Net Debt
Total Current Assets	- 0.8	Net Debt
Net Receivables	- 0.74	Net Debt
Total Liab	- 0.67	Net Receivables
Non Current Liabilities Total	- 0.67	Net Receivables