Platinum Historical Financial Ratios

PTM Stock  CAD 2.39  0.16  7.17%   
Platinum Group is promptly reporting on over 98 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 Book Value Per Share of 0.52, Invested Capital of 0.0, Average Payables of 14.9 M or Stock Based Compensation To Revenue of 0.0 will help investors to properly organize and evaluate Platinum Group Metals financial condition quickly.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Group 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.

About Platinum Financial Ratios Analysis

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

Platinum Group Financial Ratios Chart

At this time, Platinum Group's Net Debt To EBITDA is very stable compared to the past year. As of the 30th of November 2024, Current Ratio is likely to grow to 6.72, while Book Value Per Share is likely to drop 0.52.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Price Book Value RatioPrice Earnings To Growth Ratio
Days Of Payables OutstandingDividend Payout Ratio
Price To Operating Cash Flows RatioPrice To Free Cash Flows Ratio
Pretax Profit MarginEbt Per Ebit
Operating Profit MarginEffective Tax Rate
Company Equity MultiplierLong Term Debt To Capitalization
Total Debt To CapitalizationReturn On Capital Employed
Debt Equity RatioEbit Per Revenue
Quick RatioDividend Paid And Capex Coverage Ratio
Net Income Per E B TCash Ratio
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On EquityOperating Cycle
Cash Conversion Cycle

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Platinum Group Metals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Platinum Group sales, a figure that is much harder to manipulate than other Platinum Group Metals 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.

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.

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Most ratios from Platinum Group's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Platinum Group Metals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Group 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.
At this time, Platinum Group's Net Debt To EBITDA is very stable compared to the past year. As of the 30th of November 2024, Current Ratio is likely to grow to 6.72, while Book Value Per Share is likely to drop 0.52.
 2023 2024 (projected)
Graham Number0.660.63
Receivables Turnover0.09350.08

Platinum Group fundamentals Correlations

0.041.00.26-0.25-0.15-0.070.170.04-0.85-0.32-0.090.1-0.150.50.00.141.00.23-0.14-0.1-0.130.320.15-0.170.09
0.040.04-0.170.230.090.1-0.251.0-0.040.230.14-0.070.18-0.34-0.09-0.130.04-0.150.10.150.08-0.44-0.060.19-0.29
1.00.040.26-0.25-0.15-0.070.170.04-0.85-0.32-0.090.1-0.150.50.00.141.00.23-0.14-0.1-0.130.320.15-0.170.09
0.26-0.170.260.07-0.12-0.320.56-0.17-0.27-0.920.29-0.020.080.72-0.220.610.260.74-0.520.2-0.370.480.66-0.35-0.18
-0.250.23-0.250.070.710.51-0.060.230.260.110.46-0.710.5-0.38-0.64-0.29-0.25-0.17-0.10.4-0.01-0.680.2-0.25-0.43
-0.150.09-0.15-0.120.710.850.210.090.150.14-0.11-0.97-0.02-0.48-0.91-0.59-0.15-0.41-0.17-0.16-0.13-0.380.3-0.680.14
-0.070.1-0.07-0.320.510.850.250.10.060.21-0.1-0.780.04-0.48-0.73-0.77-0.07-0.34-0.17-0.12-0.14-0.320.34-0.490.1
0.17-0.250.170.56-0.060.210.25-0.25-0.2-0.8-0.23-0.23-0.340.35-0.47-0.090.170.35-0.43-0.33-0.440.550.82-0.580.34
0.041.00.04-0.170.230.090.1-0.25-0.040.230.14-0.070.18-0.34-0.09-0.130.04-0.150.10.150.08-0.44-0.060.19-0.29
-0.85-0.04-0.85-0.270.260.150.06-0.2-0.040.330.09-0.10.16-0.53-0.02-0.14-0.85-0.240.150.10.13-0.32-0.150.26-0.09
-0.320.23-0.32-0.920.110.140.21-0.80.230.33-0.05-0.010.15-0.740.23-0.43-0.32-0.710.470.050.38-0.64-0.770.38-0.07
-0.090.14-0.090.290.46-0.11-0.1-0.230.140.09-0.050.030.970.030.070.16-0.090.21-0.20.99-0.2-0.27-0.020.29-0.98
0.1-0.070.1-0.02-0.71-0.97-0.78-0.23-0.07-0.1-0.010.03-0.040.360.950.530.10.350.120.070.090.29-0.340.68-0.07
-0.150.18-0.150.080.5-0.020.04-0.340.180.160.150.97-0.04-0.150.06-0.03-0.150.04-0.120.98-0.15-0.4-0.140.33-0.98
0.5-0.340.50.72-0.38-0.48-0.480.35-0.34-0.53-0.740.030.36-0.150.220.650.50.75-0.270.0-0.120.630.39-0.120.05
0.0-0.090.0-0.22-0.64-0.91-0.73-0.47-0.09-0.020.230.070.950.060.220.420.00.150.260.150.20.1-0.570.77-0.13
0.14-0.130.140.61-0.29-0.59-0.77-0.09-0.13-0.14-0.430.160.53-0.030.650.420.140.74-0.270.14-0.010.340.120.13-0.13
1.00.041.00.26-0.25-0.15-0.070.170.04-0.85-0.32-0.090.1-0.150.50.00.140.23-0.14-0.1-0.130.320.15-0.170.09
0.23-0.150.230.74-0.17-0.41-0.340.35-0.15-0.24-0.710.210.350.040.750.150.740.23-0.530.16-0.20.410.640.0-0.14
-0.140.1-0.14-0.52-0.1-0.17-0.17-0.430.10.150.47-0.20.12-0.12-0.270.26-0.27-0.14-0.53-0.140.87-0.25-0.580.480.12
-0.10.15-0.10.20.4-0.16-0.12-0.330.150.10.050.990.070.980.00.150.14-0.10.16-0.14-0.14-0.28-0.120.36-0.99
-0.130.08-0.13-0.37-0.01-0.13-0.14-0.440.080.130.38-0.20.09-0.15-0.120.2-0.01-0.13-0.20.87-0.14-0.28-0.330.40.13
0.32-0.440.320.48-0.68-0.38-0.320.55-0.44-0.32-0.64-0.270.29-0.40.630.10.340.320.41-0.25-0.28-0.280.35-0.280.35
0.15-0.060.150.660.20.30.340.82-0.06-0.15-0.77-0.02-0.34-0.140.39-0.570.120.150.64-0.58-0.12-0.330.35-0.550.12
-0.170.19-0.17-0.35-0.25-0.68-0.49-0.580.190.260.380.290.680.33-0.120.770.13-0.170.00.480.360.4-0.28-0.55-0.37
0.09-0.290.09-0.18-0.430.140.10.34-0.29-0.09-0.07-0.98-0.07-0.980.05-0.13-0.130.09-0.140.12-0.990.130.350.12-0.37
Click cells to compare fundamentals

Platinum Group Account Relationship Matchups

Platinum Group fundamentals Accounts

201920202021202220232024 (projected)
Ptb Ratio(7.2)102.084.114.744.264.34
Book Value Per Share(0.0673)0.270.580.470.550.52
Free Cash Flow Yield(0.0554)(0.0543)(0.0586)(0.0675)(0.0608)(0.0638)
Operating Cash Flow Per Share(0.0507)(0.11)(0.0499)(0.0379)(0.0341)(0.0358)
Capex To Depreciation27.9819.836.9153.7648.3876.84
Pb Ratio(7.2)102.084.114.744.264.34
Free Cash Flow Per Share(0.13)(0.15)(0.0874)(0.0824)(0.0742)(0.0779)
Roic(0.3)(0.34)(0.26)(0.2)(0.23)(0.28)
Net Income Per Share(0.12)(0.18)(0.092)(0.0567)(0.051)(0.0535)
Payables Turnover0.130.04950.08750.06290.07240.0867
Cash Per Share0.02130.08430.140.06990.08040.0764
Pocfratio(46.74)(23.93)(29.87)(32.17)(37.0)(38.85)
Interest Coverage(0.64)(1.0)(1.52)(3.99)(4.59)(4.82)
Capex To Operating Cash Flow(1.59)(0.3)(0.75)(1.17)(1.35)(1.42)
Pfcf Ratio(18.07)(18.41)(17.05)(14.8)(13.32)(13.99)
Days Payables Outstanding2.9K7.4K4.2K5.8K6.7K6.3K
Income Quality0.440.620.540.670.770.51
Roe0.35(6.92)(0.25)(0.22)(0.2)(0.19)
Ev To Operating Cash Flow(58.1)(26.65)(27.12)(30.41)(34.97)(36.72)
Pe Ratio(20.46)(14.75)(16.19)(21.53)(24.76)(26.0)
Return On Tangible Assets(0.19)(0.26)(0.15)(0.11)(0.13)(0.14)
Ev To Free Cash Flow(22.46)(20.5)(15.48)(13.99)(16.09)(16.9)
Earnings Yield(0.0489)(0.0678)(0.0618)(0.0464)(0.0534)(0.0561)
Net Debt To E B I T D A(6.92)(2.91)2.031.151.322.32
Current Ratio0.440.2211.395.526.356.72
Tangible Book Value Per Share(0.0673)0.270.580.470.550.52
Graham Number0.930.330.870.570.660.63
Shareholders Equity Per Share(0.33)0.02630.360.260.30.28
Debt To Equity(1.86)(2.1)(1.8)14.7313.2513.92
Capex Per Share0.08050.03360.03750.04450.040.038
Graham Net Net(0.65)(0.36)0.120.04510.05180.0492
Interest Debt Per Share1.330.680.460.01840.01660.0157
Debt To Assets1.370.80.980.540.490.56
Enterprise Value Over E B I T D A(35.42)(28.58)(20.01)(19.9)(22.88)(24.03)

Pair Trading with Platinum Group

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 Platinum Group 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 Platinum Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with Platinum Stock

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Moving against Platinum Stock

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The ability to find closely correlated positions to Platinum Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Platinum Group 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 Platinum Group - 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 Platinum Group Metals to buy it.
The correlation of Platinum Group 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 Platinum Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Platinum Group 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 Platinum Group 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 CorrelationCorrelation Matching
When determining whether Platinum Group Metals is a strong investment it is important to analyze Platinum Group's 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 Platinum Group's future performance. For an informed investment choice regarding Platinum Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Platinum Group 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Please note, there is a significant difference between Platinum Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Platinum Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Platinum Group's 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.