Barrick Capex To Depreciation vs Free Cash Flow Yield Analysis

ABX Stock

CAD 23.76 0.51 2.19%

Barrick Gold financial indicator trend analysis is way more than just evaluating Barrick Gold Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barrick Gold Corp is a good investment. Please check the relationship between Barrick Gold Capex To Depreciation and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barrick Gold Corp Capex To Depreciation account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong relationship.

The correlation between Barrick Gold's Capex To Depreciation and Free Cash Flow Yield is 0.72. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Barrick Gold Corp, assuming nothing else is changed. The correlation between historical values of Barrick Gold's Capex To Depreciation and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Barrick Gold Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Capex To Depreciation i.e., Barrick Gold's Capex To Depreciation and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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.

Most indicators from Barrick Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barrick Gold 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At this time, Barrick Gold's Selling General Administrative is very stable compared to the past year. As of the 4th of June 2024, Tax Provision is likely to grow to about 1.2 B, while Discontinued Operations is likely to drop (478.2 M).

	2021	2022	2023	2024 (projected)
Operating Income	4.8B	3.4B	2.8B	1.9B
Total Revenue	12.0B	11.0B	11.4B	5.7B

Operating Income Total Revenue

Barrick Gold fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Assets	Intangible Assets	Current Deferred Revenue
Common Stock Shares Outstanding		0.63	-0.15	0.24	0.31	0.67	0.57	-0.43	-0.3	0.32	0.83	0.6	0.77	0.94	0.71	0.89	0.13	0.25	0.04	0.17	0.75	0.77	-0.22	-0.24	-0.78	0.28
Total Assets	0.63		0.45	0.69	0.83	0.96	0.99	0.18	0.23	0.68	0.81	1.0	0.8	0.65	0.92	0.57	0.67	0.72	0.41	0.72	0.5	0.93	0.26	0.2	-0.58	0.14
Short Long Term Debt Total	-0.15	0.45		0.47	0.73	0.22	0.52	0.95	0.21	0.81	0.02	0.47	0.21	-0.09	0.31	-0.16	0.93	0.84	0.34	0.92	-0.15	0.32	0.53	0.67	-0.28	-0.13
Other Current Liab	0.24	0.69	0.47		0.73	0.6	0.69	0.33	0.21	0.56	0.53	0.69	0.62	0.25	0.77	0.2	0.6	0.59	0.25	0.64	0.2	0.69	0.26	0.27	-0.31	-0.09
Total Current Liabilities	0.31	0.83	0.73	0.73		0.71	0.87	0.57	0.29	0.81	0.43	0.84	0.62	0.31	0.73	0.27	0.8	0.84	0.25	0.86	0.29	0.7	0.64	0.36	-0.54	0.04
Total Stockholder Equity	0.67	0.96	0.22	0.6	0.71		0.94	-0.05	0.35	0.48	0.82	0.96	0.71	0.71	0.87	0.66	0.45	0.51	0.44	0.51	0.61	0.87	0.21	0.06	-0.46	0.14
Property Plant And Equipment Net	0.57	0.99	0.52	0.69	0.87	0.94		0.26	0.28	0.71	0.74	1.0	0.75	0.6	0.89	0.52	0.71	0.75	0.44	0.76	0.48	0.9	0.33	0.25	-0.56	0.11
Net Debt	-0.43	0.18	0.95	0.33	0.57	-0.05	0.26		0.22	0.65	-0.29	0.21	-0.04	-0.4	0.03	-0.45	0.8	0.71	0.26	0.78	-0.39	0.03	0.56	0.67	-0.06	-0.11
Retained Earnings	-0.3	0.23	0.21	0.21	0.29	0.35	0.28	0.22		-0.06	-0.13	0.28	-0.34	-0.09	0.0	-0.04	0.07	-0.02	0.55	0.11	0.14	-0.07	0.47	0.22	0.52	-0.25
Accounts Payable	0.32	0.68	0.81	0.56	0.81	0.48	0.71	0.65	-0.06		0.38	0.67	0.61	0.29	0.58	0.19	0.92	0.93	0.27	0.92	0.05	0.64	0.34	0.42	-0.68	0.04
Cash	0.83	0.81	0.02	0.53	0.43	0.82	0.74	-0.29	-0.13	0.38		0.78	0.86	0.86	0.9	0.79	0.32	0.36	0.16	0.34	0.6	0.93	-0.18	-0.11	-0.63	0.03
Non Current Assets Total	0.6	1.0	0.47	0.69	0.84	0.96	1.0	0.21	0.28	0.67	0.78		0.76	0.62	0.9	0.54	0.67	0.72	0.44	0.72	0.48	0.91	0.3	0.21	-0.55	0.14
Non Currrent Assets Other	0.77	0.8	0.21	0.62	0.62	0.71	0.75	-0.04	-0.34	0.61	0.86	0.76		0.66	0.9	0.56	0.51	0.63	-0.02	0.54	0.41	0.92	0.01	-0.05	-0.85	0.21
Cash And Short Term Investments	0.94	0.65	-0.09	0.25	0.31	0.71	0.6	-0.4	-0.09	0.29	0.86	0.62	0.66		0.72	0.97	0.15	0.19	0.16	0.18	0.84	0.76	-0.24	-0.17	-0.65	0.01
Net Receivables	0.71	0.92	0.31	0.77	0.73	0.87	0.89	0.03	0.0	0.58	0.9	0.9	0.9	0.72		0.65	0.56	0.62	0.19	0.61	0.57	0.97	0.11	0.04	-0.67	0.05
Short Term Investments	0.89	0.57	-0.16	0.2	0.27	0.66	0.52	-0.45	-0.04	0.19	0.79	0.54	0.56	0.97	0.65		0.04	0.07	0.1	0.08	0.9	0.67	-0.22	-0.2	-0.58	-0.11
Non Current Liabilities Total	0.13	0.67	0.93	0.6	0.8	0.45	0.71	0.8	0.07	0.92	0.32	0.67	0.51	0.15	0.56	0.04		0.95	0.41	0.99	-0.02	0.6	0.38	0.6	-0.51	-0.01
Inventory	0.25	0.72	0.84	0.59	0.84	0.51	0.75	0.71	-0.02	0.93	0.36	0.72	0.63	0.19	0.62	0.07	0.95		0.27	0.96	0.01	0.64	0.42	0.38	-0.62	0.2
Other Stockholder Equity	0.04	0.41	0.34	0.25	0.25	0.44	0.44	0.26	0.55	0.27	0.16	0.44	-0.02	0.16	0.19	0.1	0.41	0.27		0.39	0.16	0.25	-0.08	0.45	0.14	-0.02
Total Liab	0.17	0.72	0.92	0.64	0.86	0.51	0.76	0.78	0.11	0.92	0.34	0.72	0.54	0.18	0.61	0.08	0.99	0.96	0.39		0.03	0.63	0.44	0.58	-0.53	0.0
Property Plant And Equipment Gross	0.75	0.5	-0.15	0.2	0.29	0.61	0.48	-0.39	0.14	0.05	0.6	0.48	0.41	0.84	0.57	0.9	-0.02	0.01	0.16	0.03		0.54	-0.13	-0.18	-0.43	-0.12
Total Current Assets	0.77	0.93	0.32	0.69	0.7	0.87	0.9	0.03	-0.07	0.64	0.93	0.91	0.92	0.76	0.97	0.67	0.6	0.64	0.25	0.63	0.54		0.02	0.11	-0.72	0.1
Short Term Debt	-0.22	0.26	0.53	0.26	0.64	0.21	0.33	0.56	0.47	0.34	-0.18	0.3	0.01	-0.24	0.11	-0.22	0.38	0.42	-0.08	0.44	-0.13	0.02		0.25	-0.04	0.06
Other Current Assets	-0.24	0.2	0.67	0.27	0.36	0.06	0.25	0.67	0.22	0.42	-0.11	0.21	-0.05	-0.17	0.04	-0.2	0.6	0.38	0.45	0.58	-0.18	0.11	0.25		-0.02	-0.18
Intangible Assets	-0.78	-0.58	-0.28	-0.31	-0.54	-0.46	-0.56	-0.06	0.52	-0.68	-0.63	-0.55	-0.85	-0.65	-0.67	-0.58	-0.51	-0.62	0.14	-0.53	-0.43	-0.72	-0.04	-0.02		-0.21
Current Deferred Revenue	0.28	0.14	-0.13	-0.09	0.04	0.14	0.11	-0.11	-0.25	0.04	0.03	0.14	0.21	0.01	0.05	-0.11	-0.01	0.2	-0.02	0.0	-0.12	0.1	0.06	-0.18	-0.21

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Barrick Gold Account Relationship Matchups

Barrick Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B
Total Assets	44.4B	46.5B	46.9B	46.0B	45.8B	24.1B
Short Long Term Debt Total	5.5B	5.4B	5.5B	5.3B	6.0B	5.2B
Other Current Liab	958M	1.2B	1.5B	2.3B	187M	177.7M
Total Current Liabilities	2.4B	2.2B	2.1B	3.1B	2.4B	1.6B
Total Stockholder Equity	7.6B	21.4B	23.3B	23.9B	22.8B	11.8B
Property Plant And Equipment Net	24.3B	24.7B	25.0B	25.9B	26.5B	13.4B
Net Debt	2.2B	176M	193M	810M	1.0B	968.1M
Retained Earnings	(9.7B)	(7.9B)	(6.6B)	(7.3B)	(6.7B)	(6.4B)
Accounts Payable	715M	929M	539M	741M	678M	656.6M
Cash	3.3B	5.2B	5.3B	4.4B	4.1B	2.2B
Non Current Assets Total	37.5B	38.4B	38.6B	37.5B	38.4B	19.9B
Non Currrent Assets Other	3.3B	3.6B	3.7B	3.8B	3.0B	1.9B
Cash And Short Term Investments	3.3B	5.2B	5.3B	4.4B	5.1B	5.4B
Net Receivables	665M	766M	942M	906M	693M	395.2M
Short Term Investments	728M	1.5B	1.6B	1.4B	1.7B	1.7B
Liabilities And Stockholders Equity	44.4B	46.5B	46.9B	46.0B	52.9B	55.5B
Non Current Liabilities Total	12.2B	12.6B	12.5B	11.6B	11.5B	8.5B
Inventory	2.3B	1.9B	1.7B	1.8B	1.8B	1.3B
Other Stockholder Equity	2.0B	2.0B	1.9B	1.9B	1.7B	3.0B
Total Liab	14.6B	14.8B	14.6B	14.7B	13.8B	10.1B
Property Plant And Equipment Gross	24.1B	24.6B	65.2B	68.8B	71.1B	74.7B
Total Current Assets	6.9B	8.1B	8.2B	8.5B	7.4B	4.2B
Accumulated Other Comprehensive Income	(122M)	14M	(23M)	26M	29.9M	31.4M
Short Term Debt	375M	20M	24M	45M	40.5M	38.5M
Other Current Assets	88M	84M	87M	91M	127M	120.7M
Intangible Assets	86M	77M	68M	67M	60.3M	57.3M
Current Deferred Revenue	328M	47M	43M	54M	62.1M	75.6M
Other Assets	3.6B	3.7B	3.8B	3.3B	3.8B	3.4B
Good Will	1.3B	1.2B	4.8B	3.6B	3.2B	3.7B
Common Stock Total Equity	20.9B	20.9B	29.2B	29.2B	33.6B	23.7B
Common Stock	29.2B	29.2B	28.5B	28.1B	32.3B	24.8B
Other Liab	7.0B	7.2B	7.0B	6.4B	7.3B	6.8B
Net Tangible Assets	16.4B	18.4B	18.9B	19.0B	21.9B	12.3B
Long Term Debt	5.1B	5.3B	5.4B	5.2B	5.1B	5.9B
Long Term Investments	4.8B	5.1B	5.0B	4.1B	4.3B	2.9B
Property Plant Equipment	24.1B	24.6B	25.0B	25.8B	29.7B	21.5B
Long Term Debt Total	5.2B	5.3B	5.4B	5.3B	4.7B	5.1B

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Additional Information and Resources on Investing in Barrick Stock

When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold'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 Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:

How To Invest In Barrick

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What is Barrick Gold's Net Worth?

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Please note, there is a significant difference between Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Gold'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.

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Barrick Capex To Depreciation vs Free Cash Flow Yield Analysis

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Free Cash Flow Yield

Barrick Gold fundamental ratios Correlations

Barrick Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Barrick Gold fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in Barrick Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Liabilities Total
Short Term Investments	+ 0.97	Cash And Short Term Investments
Total Current Assets	+ 0.97	Net Receivables

Intangible Assets	- 0.85	Non Currrent Assets Other
Intangible Assets	- 0.78	Common Stock Shares Outstanding
Intangible Assets	- 0.72	Total Current Assets
Intangible Assets	- 0.68	Accounts Payable
Intangible Assets	- 0.67	Net Receivables
Intangible Assets	- 0.65	Cash And Short Term Investments