| XIM Stock | | | CAD 0.09 0.01 6.25% |
Ximen Mining financial indicator trend analysis is more than just analyzing Ximen Mining Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ximen Mining Corp is a good investment. Please check the relationship between Ximen Mining Ev To Free Cash Flow and its Inventory Turnover accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ximen Mining 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 board of governors.
Ev To Free Cash Flow vs Inventory Turnover
Ev To Free Cash Flow vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ximen Mining Corp Ev To Free Cash Flow account and
Inventory Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ximen Mining's Ev To Free Cash Flow and Inventory Turnover is -0.52. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Ximen Mining Corp, assuming nothing else is changed. The correlation between historical values of Ximen Mining's Ev To Free Cash Flow and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Ximen Mining Corp are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Ev To Free Cash Flow i.e., Ximen Mining's Ev To Free Cash Flow and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most indicators from Ximen Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ximen Mining 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ximen Mining 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 board of governors.
At this time, Ximen Mining's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 4.1
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 911.5
K in 2024.
Ximen Mining fundamental ratios Correlations
Click cells to compare fundamentals
Ximen Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ximen Mining fundamental ratios Accounts
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measure Ximen Mining'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 Ximen Mining is operating at the current time. Most of Ximen Mining's value examination focuses on studying past and present price action to
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