Eldorado Historical Financial Ratios
ELD Stock | CAD 23.84 0.42 1.79% |
Eldorado Gold is recently reporting on over 100 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.72 or Days Sales Outstanding of 15.16 will help investors to properly organize and evaluate Eldorado Gold Corp financial condition quickly.
Eldorado |
About Eldorado Financial Ratios Analysis
Eldorado Gold CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Eldorado Gold investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Eldorado financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Eldorado Gold history.
Eldorado Gold Financial Ratios Chart
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Dividend Yield
Dividend Yield is Eldorado Gold Corp dividend as a percentage of Eldorado Gold stock price. Eldorado Gold Corp dividend yield is a measure of Eldorado Gold stock productivity, which can be interpreted as interest rate earned on an Eldorado Gold investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.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.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 ratios from Eldorado Gold's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Eldorado Gold Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eldorado Gold 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, Eldorado Gold's Capex To Revenue is very stable compared to the past year. As of the 28th of March 2025, Cash Per Share is likely to grow to 5.28, while Price To Sales Ratio is likely to drop 2.12.
2022 | 2023 | 2024 | 2025 (projected) | Payables Turnover | 9.34 | 7.93 | 5.11 | 4.18 | Days Of Inventory On Hand | 103.73 | 116.35 | 176.97 | 102.91 |
Eldorado Gold fundamentals Correlations
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Eldorado Gold Account Relationship Matchups
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Eldorado Gold fundamentals Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Price To Sales Ratio | 2.21 | 1.79 | 1.76 | 2.49 | 2.23 | 2.12 | |
Ptb Ratio | 0.63 | 0.47 | 0.48 | 0.71 | 0.76 | 0.72 | |
Days Sales Outstanding | 19.08 | 8.91 | 28.08 | 36.17 | 15.96 | 15.16 | |
Book Value Per Share | 21.38 | 20.19 | 17.45 | 18.13 | 19.64 | 14.17 | |
Free Cash Flow Yield | 0.0966 | 0.0331 | (0.0711) | (0.0117) | 0.005279 | 0.005543 | |
Stock Based Compensation To Revenue | 0.0104 | 0.008421 | 0.0123 | 0.0101 | 0.008976 | 0.008528 | |
Capex To Depreciation | 0.83 | 1.51 | 1.32 | 1.56 | 2.42 | 2.3 | |
Pb Ratio | 0.63 | 0.47 | 0.48 | 0.71 | 0.76 | 0.72 | |
Ev To Sales | 2.6 | 2.28 | 1.82 | 2.03 | 2.61 | 2.17 | |
Free Cash Flow Per Share | 1.28 | 0.31 | (0.59) | (0.15) | 0.0785 | 0.0824 | |
Roic | 0.0268 | 0.003306 | (0.0693) | 0.025 | 0.0533 | 0.056 | |
Inventory Turnover | 3.92 | 3.65 | 3.52 | 3.14 | 2.06 | 4.04 | |
Net Income Per Share | 0.73 | 0.0615 | (0.27) | 0.54 | 1.46 | 1.53 | |
Days Of Inventory On Hand | 93.0 | 99.94 | 103.73 | 116.35 | 176.97 | 102.91 | |
Payables Turnover | 10.63 | 9.16 | 9.34 | 7.93 | 5.11 | 4.18 | |
Sales General And Administrative To Revenue | 0.041 | 0.0497 | 0.0617 | 0.0538 | 0.0364 | 0.0346 | |
Capex To Revenue | 0.36 | 0.2 | 0.32 | 0.41 | 0.48 | 0.67 | |
Cash Per Share | 2.99 | 2.67 | 1.72 | 2.81 | 5.03 | 5.28 | |
Pocfratio | 5.33 | 4.65 | 7.27 | 6.56 | 4.56 | 4.79 | |
Interest Coverage | 4.72 | 3.14 | 2.01 | 5.97 | 6.86 | 11.3 | |
Capex To Operating Cash Flow | 0.48 | 0.85 | 1.52 | 1.08 | 0.98 | 0.93 | |
Pfcf Ratio | 10.35 | 30.19 | (14.07) | (85.65) | 189.43 | 198.9 | |
Days Payables Outstanding | 34.32 | 39.83 | 39.07 | 46.03 | 71.41 | 103.46 | |
Income Quality | 4.37 | 32.66 | (4.27) | 3.66 | 2.23 | 2.34 | |
Roe | 0.0345 | 0.003108 | (0.0154) | 0.0297 | 0.0742 | 0.0779 | |
Ev To Operating Cash Flow | 5.51 | 4.74 | 8.37 | 6.86 | 4.68 | 4.91 | |
Pe Ratio | 18.19 | 151.93 | (31.06) | 24.02 | 10.18 | 9.68 | |
Return On Tangible Assets | 0.026 | 0.002293 | (0.0113) | 0.0214 | 0.0503 | 0.0529 | |
Ev To Free Cash Flow | 10.7 | 30.74 | (16.2) | (89.68) | 194.15 | 203.86 | |
Earnings Yield | 0.055 | 0.006582 | (0.0322) | 0.0416 | 0.0982 | 0.1 | |
Intangibles To Total Assets | 0.0189 | 0.0188 | 0.0208 | 0.0186 | 0.0159 | 0.0151 | |
Net Debt To E B I T D A | (0.94) | 1.04 | 0.15 | 0.0719 | 0.83 | 0.11 | |
Current Ratio | 2.92 | 3.52 | 3.0 | 3.39 | 3.6 | 4.88 | |
Tangible Book Value Per Share | 20.84 | 19.67 | 16.94 | 17.65 | 19.17 | 13.42 | |
Receivables Turnover | 19.13 | 40.98 | 13.0 | 10.09 | 22.87 | 12.37 |
Pair Trading with Eldorado Gold
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 Eldorado Gold 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 Eldorado Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Eldorado Stock
Moving against Eldorado Stock
The ability to find closely correlated positions to Eldorado Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eldorado Gold 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 Eldorado Gold - 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 Eldorado Gold Corp to buy it.
The correlation of Eldorado Gold 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 Eldorado Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eldorado Gold Corp 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 Eldorado Gold 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eldorado Gold 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. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.