Globex Ptb Ratio vs Days Sales Outstanding Analysis

GMX Stock

CAD 1.00 0.01 1.01%

Globex Mining financial indicator trend analysis is much more than just examining Globex Mining Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Globex Mining Enterprises is a good investment. Please check the relationship between Globex Mining Ptb Ratio and its Days Sales Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globex Mining Enterprises. 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.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Globex Mining Enterprises Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong relationship.

The correlation between Globex Mining's Ptb Ratio and Days Sales Outstanding is 0.78. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Globex Mining Enterprises, assuming nothing else is changed. The correlation between historical values of Globex Mining's Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Globex Mining Enterprises are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Globex Mining's Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Days Sales Outstanding

Most indicators from Globex Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Globex Mining Enterprises 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globex Mining Enterprises. 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.

As of the 15th of May 2024, Enterprise Value is likely to grow to about 50.5 M, while Selling General Administrative is likely to drop about 1.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	35.2M	1.9M	1.3M	1.2M
Total Revenue	35.3M	2.0M	1.4M	1.3M

Gross Profit Total Revenue

Globex Mining fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Net Debt	Accounts Payable	Cash	Other Current Assets	Common Stock Total Equity	Common Stock	Other Liab	Net Tangible Assets	Other Assets
Total Assets		0.23	0.99	0.11	0.42	0.42	0.42	0.76	0.64	0.42	0.77	-0.04	0.1	0.12	0.42	0.81	0.56	-0.3	-0.01	0.32	0.54	0.56	0.48	-0.08	0.83	0.3
Total Current Liabilities	0.23		0.15	0.22	0.5	0.19	0.2	0.08	-0.06	-0.42	-0.07	0.19	0.25	0.5	0.22	0.12	0.3	-0.51	0.59	0.51	0.54	-0.36	-0.41	0.48	0.25	0.59
Total Stockholder Equity	0.99	0.15		-0.01	0.43	0.3	0.3	0.84	0.66	0.5	0.85	-0.19	-0.03	-0.05	0.32	0.87	0.49	-0.31	-0.12	0.33	0.46	0.6	0.56	-0.18	0.86	0.29
Property Plant And Equipment Net	0.11	0.22	-0.01		0.14	0.93	0.91	-0.53	-0.14	-0.6	-0.47	0.81	0.75	0.74	0.93	-0.48	0.06	0.41	0.56	-0.42	0.24	-0.37	-0.52	0.54	-0.2	-0.28
Retained Earnings	0.42	0.5	0.43	0.14		0.14	0.12	0.35	0.29	-0.37	0.39	-0.17	0.07	-0.07	0.31	0.36	-0.31	-0.05	0.37	0.05	0.17	-0.3	-0.27	0.45	0.66	0.09
Non Current Assets Total	0.42	0.19	0.3	0.93	0.14		0.99	-0.26	0.05	-0.34	-0.21	0.78	0.73	0.75	0.96	-0.2	0.29	0.29	0.42	-0.3	0.41	-0.09	-0.26	0.43	0.04	-0.17
Non Currrent Assets Other	0.42	0.2	0.3	0.91	0.12	0.99		-0.25	0.02	-0.32	-0.21	0.78	0.73	0.76	0.93	-0.19	0.34	0.24	0.39	-0.25	0.44	-0.06	-0.24	0.41	0.04	-0.12
Cash And Short Term Investments	0.76	0.08	0.84	-0.53	0.35	-0.26	-0.25		0.61	0.68	0.96	-0.61	-0.43	-0.43	-0.22	0.99	0.37	-0.54	-0.36	0.56	0.21	0.64	0.69	-0.4	0.84	0.44
Net Receivables	0.64	-0.06	0.66	-0.14	0.29	0.05	0.02	0.61		0.35	0.75	-0.13	0.01	-0.11	0.14	0.66	0.07	0.17	0.21	-0.15	0.37	0.57	0.5	0.0	0.73	-0.28
Common Stock Shares Outstanding	0.42	-0.42	0.5	-0.6	-0.37	-0.34	-0.32	0.68	0.35		0.66	-0.56	-0.57	-0.51	-0.4	0.67	0.46	-0.36	-0.72	0.37	0.06	0.85	0.92	-0.85	0.29	0.28
Short Term Investments	0.77	-0.07	0.85	-0.47	0.39	-0.21	-0.21	0.96	0.75	0.66		-0.58	-0.4	-0.48	-0.14	0.96	0.21	-0.29	-0.31	0.31	0.18	0.66	0.71	-0.36	0.87	0.19
Non Current Liabilities Total	-0.04	0.19	-0.19	0.81	-0.17	0.78	0.78	-0.61	-0.13	-0.56	-0.58		0.86	0.93	0.67	-0.55	0.17	0.35	0.6	-0.36	0.29	-0.26	-0.49	0.66	-0.29	-0.3
Other Stockholder Equity	0.1	0.25	-0.03	0.75	0.07	0.73	0.73	-0.43	0.01	-0.57	-0.4	0.86		0.81	0.67	-0.37	0.13	0.28	0.56	-0.29	0.31	-0.28	-0.49	0.76	0.01	-0.25
Total Liab	0.12	0.5	-0.05	0.74	-0.07	0.75	0.76	-0.43	-0.11	-0.51	-0.48	0.93	0.81		0.64	-0.36	0.4	0.04	0.66	-0.06	0.5	-0.23	-0.46	0.64	-0.16	0.02
Property Plant And Equipment Gross	0.42	0.22	0.32	0.93	0.31	0.96	0.93	-0.22	0.14	-0.4	-0.14	0.67	0.67	0.64		-0.16	0.14	0.35	0.51	-0.36	0.33	-0.18	-0.33	0.46	0.12	-0.23
Total Current Assets	0.81	0.12	0.87	-0.48	0.36	-0.2	-0.19	0.99	0.66	0.67	0.96	-0.55	-0.37	-0.36	-0.16		0.41	-0.51	-0.29	0.53	0.31	0.65	0.69	-0.36	0.87	0.42
Other Current Liab	0.56	0.3	0.49	0.06	-0.31	0.29	0.34	0.37	0.07	0.46	0.21	0.17	0.13	0.4	0.14	0.41		-0.65	-0.17	0.65	0.51	0.5	0.4	-0.28	0.19	0.65
Net Debt	-0.3	-0.51	-0.31	0.41	-0.05	0.29	0.24	-0.54	0.17	-0.36	-0.29	0.35	0.28	0.04	0.35	-0.51	-0.65		0.29	-1.0	-0.15	-0.18	-0.23	0.28	-0.28	-0.94
Accounts Payable	-0.01	0.59	-0.12	0.56	0.37	0.42	0.39	-0.36	0.21	-0.72	-0.31	0.6	0.56	0.66	0.51	-0.29	-0.17	0.29		-0.3	0.37	-0.46	-0.61	0.78	0.02	-0.28
Cash	0.32	0.51	0.33	-0.42	0.05	-0.3	-0.25	0.56	-0.15	0.37	0.31	-0.36	-0.29	-0.06	-0.36	0.53	0.65	-1.0	-0.3		0.16	0.2	0.25	-0.29	0.3	0.94
Other Current Assets	0.54	0.54	0.46	0.24	0.17	0.41	0.44	0.21	0.37	0.06	0.18	0.29	0.31	0.5	0.33	0.31	0.51	-0.15	0.37	0.16		0.23	0.13	0.14	0.36	0.28
Common Stock Total Equity	0.56	-0.36	0.6	-0.37	-0.3	-0.09	-0.06	0.64	0.57	0.85	0.66	-0.26	-0.28	-0.23	-0.18	0.65	0.5	-0.18	-0.46	0.2	0.23		0.96	-0.58	0.4	0.09
Common Stock	0.48	-0.41	0.56	-0.52	-0.27	-0.26	-0.24	0.69	0.5	0.92	0.71	-0.49	-0.49	-0.46	-0.33	0.69	0.4	-0.23	-0.61	0.25	0.13	0.96		-0.74	0.37	0.15
Other Liab	-0.08	0.48	-0.18	0.54	0.45	0.43	0.41	-0.4	0.0	-0.85	-0.36	0.66	0.76	0.64	0.46	-0.36	-0.28	0.28	0.78	-0.29	0.14	-0.58	-0.74		0.09	-0.26
Net Tangible Assets	0.83	0.25	0.86	-0.2	0.66	0.04	0.04	0.84	0.73	0.29	0.87	-0.29	0.01	-0.16	0.12	0.87	0.19	-0.28	0.02	0.3	0.36	0.4	0.37	0.09		0.21
Other Assets	0.3	0.59	0.29	-0.28	0.09	-0.17	-0.12	0.44	-0.28	0.28	0.19	-0.3	-0.25	0.02	-0.23	0.42	0.65	-0.94	-0.28	0.94	0.28	0.09	0.15	-0.26	0.21

Click cells to compare fundamentals

Globex Mining Account Relationship Matchups

Globex Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.8M	12.0M	37.5M	31.3M	35.9M	37.7M
Total Current Liabilities	130.2K	185.8K	2.6M	209.8K	241.3K	229.2K
Total Stockholder Equity	4.6M	10.9M	34.9M	31.0M	35.7M	37.5M
Property Plant And Equipment Net	399.5K	389.7K	847.8K	929.8K	836.9K	795.0K
Retained Earnings	(56.2M)	(50.2M)	(26.5M)	(30.6M)	(27.6M)	(28.9M)
Non Current Assets Total	1.2M	1.2M	7.7M	6.5M	7.5M	8.6M
Non Currrent Assets Other	781.8K	821.6K	6.8M	5.5M	6.3M	4.9M
Cash And Short Term Investments	3.0M	10.5M	26.7M	21.6M	24.9M	26.1M
Net Receivables	277.0K	221.6K	132.6K	1.1M	1.3M	1.4M
Common Stock Shares Outstanding	52.9M	55.3M	56.8M	55.5M	63.9M	67.1M
Short Term Investments	1.4M	5.7M	14.6M	20.1M	23.1M	24.3M
Liabilities And Stockholders Equity	5.8M	12.0M	37.5M	31.3M	35.9M	37.7M
Non Current Liabilities Total	1.0M	964.3K	109.3K	154.6K	139.1K	132.2K
Other Stockholder Equity	4.9M	5.0M	4.9M	5.0M	4.5M	4.2M
Total Liab	1.2M	1.2M	2.6M	209.8K	241.3K	229.2K
Property Plant And Equipment Gross	399.5K	389.7K	1.6M	1.7M	1.6M	2.7M
Total Current Assets	4.6M	10.8M	29.8M	24.7M	28.5M	29.9M
Other Current Liab	32.1K	39.3K	2.5M	55.2K	63.5K	62.0K
Net Debt	(1.6M)	(4.7M)	(12.1M)	(1.5M)	(1.4M)	(1.4M)
Accounts Payable	98.0K	146.5K	109.3K	154.6K	139.1K	273.2K
Cash	1.6M	4.8M	12.1M	1.5M	1.8M	1.6M
Accumulated Other Comprehensive Income	(674.5K)	(701.6K)	(674.9K)	(708.3K)	(637.4K)	(605.6K)
Other Current Assets	1.2M	0.0	3.0M	1.9M	2.2M	1.1M
Common Stock Total Equity	55.9M	55.7M	55.9M	56.1M	64.5M	59.3M
Common Stock	55.9M	56.1M	56.5M	56.7M	65.2M	59.4M
Other Liab	973.5K	862.0K	1.0M	913.2K	821.9K	1.1M
Net Tangible Assets	4.6M	4.6M	10.9M	34.9M	40.1M	42.1M
Other Assets	781.8K	821.6K	6.7M	159.9K	183.8K	174.6K
Long Term Investments	8.5K	7.6K	5.6K	128.7K	115.8K	121.6K
Property Plant Equipment	399.5K	389.7K	1.0M	929.8K	836.9K	795.0K
Capital Surpluse	4.9M	5.0M	4.9M	5.0M	5.7M	5.3M
Net Invested Capital	4.6M	10.9M	34.9M	31.0M	35.7M	37.5M
Net Working Capital	4.5M	10.6M	27.2M	24.5M	28.2M	29.6M
Capital Stock	55.9M	56.1M	56.5M	56.7M	65.2M	61.8M

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globex Mining Enterprises. 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.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Globex Stock analysis

When running Globex Mining's price analysis, check to measure Globex 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 Globex Mining is operating at the current time. Most of Globex Mining's value examination focuses on studying past and present price action to predict the probability of Globex Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globex Mining's price. Additionally, you may evaluate how the addition of Globex Mining to your portfolios can decrease your overall portfolio volatility.

	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Stocks Directory Find actively traded stocks across global markets
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Transaction History View history of all your transactions and understand their impact on performance
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Globex Ptb Ratio vs Days Sales Outstanding Analysis

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

Correlation Coefficient

Ptb Ratio

Days Sales Outstanding

Globex Mining fundamental ratios Correlations

Globex Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Globex Mining fundamental ratios Accounts

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

Complementary Tools for Globex Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Property Plant And Equipment Gross	+ 0.96	Non Current Assets Total
Short Term Investments	+ 0.96	Cash And Short Term Investments
Total Current Assets	+ 0.96	Short Term Investments

Cash	- 1.0	Net Debt
Other Assets	- 0.94	Net Debt
Other Liab	- 0.85	Common Stock Shares Outstanding
Other Liab	- 0.74	Common Stock
Accounts Payable	- 0.72	Common Stock Shares Outstanding
Net Debt	- 0.65	Other Current Liab