Mandalay Historical Financial Ratios

MND Stock

CAD 5.16 0.08 1.53%

Mandalay Resources is lately reporting on over 94 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 Days Sales Outstanding of 27.7 will help investors to properly organize and evaluate Mandalay Resources Corp financial condition quickly.

Quick Ratio Current Ratio

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mandalay Resources 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.

About Mandalay Financial Ratios Analysis

Mandalay Resources CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Mandalay Resources 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 Mandalay financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Mandalay Resources history.

Mandalay Resources Financial Ratios Chart

At this time, Mandalay Resources' Days Of Inventory On Hand is very stable compared to the past year. As of the 30th of March 2025, Average Inventory is likely to grow to about 12.6 M, while Price To Sales Ratio is likely to drop 1.01.

Price To Sales Ratio Dividend Yield Ptb Ratio Days Sales Outstanding

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing Mandalay Resources Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Mandalay Resources sales, a figure that is much harder to manipulate than other Mandalay Resources Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Mandalay Resources Corp dividend as a percentage of Mandalay Resources stock price. Mandalay Resources Corp dividend yield is a measure of Mandalay Resources stock productivity, which can be interpreted as interest rate earned on an Mandalay Resources 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.

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 ratios from Mandalay Resources' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Mandalay Resources 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mandalay Resources 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.

	2024	2025 (projected)
Dividend Yield	0.0436	0.0335
Price To Sales Ratio	1.06	1.01

Dividend Yield Price To Sales Ratio

Mandalay Resources fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Invested Capital	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Average Inventory	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio
Price To Sales Ratio		-0.54	0.83	0.99	0.59	-0.06	0.09	-0.81	-0.86	0.72	0.83	1.0	-0.91	-0.62	-0.65	-0.43	0.94	-0.49	-0.97	0.99	-0.32	-0.85	-0.83	0.06	-0.43	-0.14
Dividend Yield	-0.54		-0.77	-0.5	-0.45	-0.05	0.07	0.25	0.11	-0.49	-0.77	-0.56	0.43	-0.04	0.39	-0.14	-0.49	0.3	0.6	-0.49	0.24	0.26	0.33	0.07	0.29	0.33
Ptb Ratio	0.83	-0.77		0.79	0.71	0.24	0.08	-0.41	-0.51	0.62	1.0	0.84	-0.61	-0.15	-0.6	0.05	0.76	-0.16	-0.8	0.77	-0.08	-0.59	-0.5	0.14	-0.57	-0.16
Days Sales Outstanding	0.99	-0.5	0.79		0.57	-0.12	0.14	-0.85	-0.87	0.75	0.79	0.99	-0.94	-0.67	-0.61	-0.49	0.93	-0.53	-0.95	0.99	-0.35	-0.85	-0.86	0.05	-0.39	-0.11
Book Value Per Share	0.59	-0.45	0.71	0.57		0.08	0.23	-0.14	-0.36	0.3	0.71	0.61	-0.47	-0.26	-0.38	-0.04	0.49	0.03	-0.53	0.54	0.42	-0.34	-0.39	0.49	-0.43	-0.24
Free Cash Flow Yield	-0.06	-0.05	0.24	-0.12	0.08		-0.36	0.33	0.08	-0.02	0.24	-0.09	0.38	0.65	-0.51	0.68	0.11	0.46	0.06	-0.16	0.36	0.06	0.42	0.1	-0.57	0.15
Invested Capital	0.09	0.07	0.08	0.14	0.23	-0.36		-0.14	0.06	0.08	0.08	0.13	-0.27	-0.28	0.17	-0.2	-0.04	0.0	-0.03	0.12	0.0	0.06	-0.28	0.16	0.21	0.04
Operating Cash Flow Per Share	-0.81	0.25	-0.41	-0.85	-0.14	0.33	-0.14		0.84	-0.63	-0.41	-0.81	0.92	0.81	0.47	0.73	-0.8	0.78	0.81	-0.86	0.59	0.73	0.91	0.23	0.06	0.05
Average Payables	-0.86	0.11	-0.51	-0.87	-0.36	0.08	0.06	0.84		-0.57	-0.51	-0.84	0.81	0.74	0.55	0.61	-0.85	0.45	0.8	-0.88	0.28	0.86	0.75	0.01	0.35	0.02
Capex To Depreciation	0.72	-0.49	0.62	0.75	0.3	-0.02	0.08	-0.63	-0.57		0.62	0.72	-0.67	-0.29	-0.43	-0.16	0.66	-0.38	-0.74	0.72	-0.43	-0.64	-0.59	-0.02	-0.36	-0.15
Pb Ratio	0.83	-0.77	1.0	0.79	0.71	0.24	0.08	-0.41	-0.51	0.62		0.84	-0.61	-0.15	-0.6	0.05	0.76	-0.16	-0.8	0.77	-0.08	-0.59	-0.5	0.14	-0.57	-0.16
Ev To Sales	1.0	-0.56	0.84	0.99	0.61	-0.09	0.13	-0.81	-0.84	0.72	0.84		-0.92	-0.62	-0.62	-0.43	0.93	-0.5	-0.97	0.99	-0.31	-0.82	-0.84	0.07	-0.41	-0.15
Free Cash Flow Per Share	-0.91	0.43	-0.61	-0.94	-0.47	0.38	-0.27	0.92	0.81	-0.67	-0.61	-0.92		0.82	0.48	0.68	-0.84	0.71	0.9	-0.94	0.44	0.76	0.96	0.02	0.15	0.19
Roic	-0.62	-0.04	-0.15	-0.67	-0.26	0.65	-0.28	0.81	0.74	-0.29	-0.15	-0.62	0.82		0.15	0.95	-0.53	0.65	0.58	-0.69	0.32	0.61	0.84	0.09	-0.1	0.06
Inventory Turnover	-0.65	0.39	-0.6	-0.61	-0.38	-0.51	0.17	0.47	0.55	-0.43	-0.6	-0.62	0.48	0.15		0.04	-0.84	0.31	0.66	-0.6	0.15	0.65	0.46	-0.11	0.74	0.03
Net Income Per Share	-0.43	-0.14	0.05	-0.49	-0.04	0.68	-0.2	0.73	0.61	-0.16	0.05	-0.43	0.68	0.95	0.04		-0.37	0.68	0.41	-0.51	0.36	0.5	0.74	0.31	-0.18	-0.01
Days Of Inventory On Hand	0.94	-0.49	0.76	0.93	0.49	0.11	-0.04	-0.8	-0.85	0.66	0.76	0.93	-0.84	-0.53	-0.84	-0.37		-0.53	-0.93	0.93	-0.35	-0.87	-0.78	0.05	-0.56	-0.09
Payables Turnover	-0.49	0.3	-0.16	-0.53	0.03	0.46	0.0	0.78	0.45	-0.38	-0.16	-0.5	0.71	0.65	0.31	0.68	-0.53		0.56	-0.55	0.55	0.41	0.8	0.31	-0.16	0.21
Average Inventory	-0.97	0.6	-0.8	-0.95	-0.53	0.06	-0.03	0.81	0.8	-0.74	-0.8	-0.97	0.9	0.58	0.66	0.41	-0.93	0.56		-0.96	0.37	0.82	0.82	-0.03	0.42	0.23
Capex To Revenue	0.99	-0.49	0.77	0.99	0.54	-0.16	0.12	-0.86	-0.88	0.72	0.77	0.99	-0.94	-0.69	-0.6	-0.51	0.93	-0.55	-0.96		-0.38	-0.86	-0.87	0.05	-0.37	-0.14
Cash Per Share	-0.32	0.24	-0.08	-0.35	0.42	0.36	0.0	0.59	0.28	-0.43	-0.08	-0.31	0.44	0.32	0.15	0.36	-0.35	0.55	0.37	-0.38		0.42	0.42	0.3	-0.13	0.03
Pocfratio	-0.85	0.26	-0.59	-0.85	-0.34	0.06	0.06	0.73	0.86	-0.64	-0.59	-0.82	0.76	0.61	0.65	0.5	-0.87	0.41	0.82	-0.86	0.42		0.7	-0.03	0.62	0.02
Interest Coverage	-0.83	0.33	-0.5	-0.86	-0.39	0.42	-0.28	0.91	0.75	-0.59	-0.5	-0.84	0.96	0.84	0.46	0.74	-0.78	0.8	0.82	-0.87	0.42	0.7		0.07	0.11	0.13
Payout Ratio	0.06	0.07	0.14	0.05	0.49	0.1	0.16	0.23	0.01	-0.02	0.14	0.07	0.02	0.09	-0.11	0.31	0.05	0.31	-0.03	0.05	0.3	-0.03	0.07		-0.13	-0.36
Capex To Operating Cash Flow	-0.43	0.29	-0.57	-0.39	-0.43	-0.57	0.21	0.06	0.35	-0.36	-0.57	-0.41	0.15	-0.1	0.74	-0.18	-0.56	-0.16	0.42	-0.37	-0.13	0.62	0.11	-0.13		-0.11
Pfcf Ratio	-0.14	0.33	-0.16	-0.11	-0.24	0.15	0.04	0.05	0.02	-0.15	-0.16	-0.15	0.19	0.06	0.03	-0.01	-0.09	0.21	0.23	-0.14	0.03	0.02	0.13	-0.36	-0.11

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Mandalay Resources Account Relationship Matchups

Mandalay Resources fundamentals Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Price To Sales Ratio	0.62	0.78	0.73	1.07	1.06	1.01
Ptb Ratio	1.03	0.95	1.12	0.69	1.11	1.06
Days Sales Outstanding	35.32	68.49	25.15	55.25	29.16	27.7
Book Value Per Share	1.39	1.49	1.93	2.0	2.46	2.34
Free Cash Flow Yield	0.12	0.0834	0.2	0.0114	0.27	0.28
Stock Based Compensation To Revenue	0.004241	0.003714	0.007261	0.005307	0.008115	0.00771
Capex To Depreciation	1.45	0.89	5.77	1.61	1.86	1.76
Pb Ratio	1.03	0.95	1.12	0.69	1.11	1.06
Ev To Sales	1.03	0.95	0.81	1.0	0.76	0.72
Free Cash Flow Per Share	0.18	0.15	0.44	0.0158	0.73	0.77
Roic	(0.28)	(0.0522)	0.1	0.19	0.11	0.0395
Inventory Turnover	4.72	6.3	4.82	4.66	6.03	4.54
Net Income Per Share	0.1	0.6	0.26	0.08	0.51	0.54
Days Of Inventory On Hand	77.34	57.92	75.69	78.27	60.58	83.96
Payables Turnover	7.83	14.13	16.57	13.48	18.9	9.82
Sales General And Administrative To Revenue	0.0375	0.0281	0.0366	0.0409	0.0415	0.0395
Pocfratio	8.77	2.26	2.69	2.57	3.13	2.38
Interest Coverage	8.95	17.01	15.39	9.15	40.15	42.16
Pfcf Ratio	8.36	12.0	5.1	87.35	3.76	5.26
Days Payables Outstanding	46.61	25.84	22.03	27.08	19.32	18.35
Income Quality	6.62	1.13	3.41	5.51	2.36	2.48
Roe	0.0686	0.31	0.13	0.0399	0.21	0.22
Ev To Operating Cash Flow	2.75	3.0	2.39	3.04	1.63	1.71
Pe Ratio	14.99	3.04	8.76	17.25	5.34	5.61
Return On Tangible Assets	(0.0721)	0.0309	0.17	0.0833	0.0266	0.14
Ev To Free Cash Flow	10.14	13.37	4.75	84.84	2.7	5.06
Earnings Yield	(0.28)	0.0667	0.33	0.058	0.19	0.2
Net Debt To E B I T D A	0.34	0.17	(0.19)	(0.078)	(0.66)	(0.63)
Current Ratio	1.15	1.46	2.26	2.5	2.33	1.22
Tangible Book Value Per Share	1.39	1.49	1.93	2.0	2.46	2.34
Receivables Turnover	10.33	5.33	14.51	6.61	12.52	13.14

Pair Trading with Mandalay Resources

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 Mandalay Resources 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 Mandalay Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mandalay Stock

0.65	AG	First Majestic Silver	Pair Corr
0.9	ORE	Orezone Gold Corp	Pair Corr
0.74	FDY	Faraday Copper Corp	Pair Corr

Moving against Mandalay Stock

0.76	MSFT	Microsoft Corp CDR	Pair Corr
0.68	GOOG	Alphabet CDR	Pair Corr
0.66	AAPL	Apple Inc CDR	Pair Corr
0.57	AMZN	Amazon CDR	Pair Corr
0.55	IE	Ivanhoe Energy	Pair Corr

The ability to find closely correlated positions to Mandalay Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mandalay Resources 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 Mandalay Resources - 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 Mandalay Resources Corp to buy it.

The correlation of Mandalay Resources 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 Mandalay Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mandalay Resources 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 Mandalay Resources 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

Other Information on Investing in Mandalay Stock

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Mandalay Historical Financial Ratios

About Mandalay Financial Ratios Analysis

Mandalay Resources Financial Ratios Chart

Price To Sales Ratio

Dividend Yield

Ptb Ratio

Mandalay Resources fundamentals Correlations

Mandalay Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mandalay Resources fundamentals Accounts

Pair Trading with Mandalay Resources

Moving together with Mandalay Stock

Moving against Mandalay Stock

Other Information on Investing in Mandalay Stock

COMMON DESTINATIONS

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Ev To Sales	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Ptb Ratio
Days Sales Outstanding	+ 0.99	Price To Sales Ratio
Capex To Revenue	+ 0.99	Price To Sales Ratio
Ev To Sales	+ 0.99	Days Sales Outstanding
Capex To Revenue	+ 0.99	Days Sales Outstanding

Average Inventory	- 0.97	Ev To Sales
Average Inventory	- 0.97	Price To Sales Ratio
Capex To Revenue	- 0.96	Average Inventory
Average Inventory	- 0.95	Days Sales Outstanding
Capex To Revenue	- 0.94	Free Cash Flow Per Share
Free Cash Flow Per Share	- 0.94	Days Sales Outstanding