Canada Ptb Ratio vs Free Cash Flow Yield Analysis

LL Stock  CAD 0.02  0.01  33.33%   
Canada Rare financial indicator trend analysis is way more than just evaluating Canada Rare Earth prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Rare Earth is a good investment. Please check the relationship between Canada Rare Ptb Ratio and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. 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 Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Rare Earth Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.
The correlation between Canada Rare's Ptb Ratio and Free Cash Flow Yield is 0.31. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Canada Rare Earth, assuming nothing else is changed. The correlation between historical values of Canada Rare's Ptb Ratio 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 Ptb Ratio of Canada Rare Earth 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 Ptb Ratio i.e., Canada Rare's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

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 Canada Rare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canada Rare Earth 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. 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, Canada Rare's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 33.47 in 2024, whereas Selling General Administrative is likely to drop slightly above 829.3 K in 2024.

Canada Rare fundamental ratios Correlations

-0.380.910.92-0.180.25-0.42-0.090.90.86-0.05-0.190.75-0.350.83-0.2-0.37-0.180.850.23-0.1-0.120.660.59-0.110.51
-0.38-0.72-0.510.65-0.680.80.45-0.59-0.320.730.73-0.310.990.060.860.640.81-0.39-0.730.840.65-0.67-0.49-0.21-0.92
0.91-0.720.92-0.40.47-0.65-0.310.940.77-0.34-0.450.68-0.70.57-0.53-0.53-0.480.810.49-0.44-0.350.790.650.00.78
0.92-0.510.92-0.430.35-0.58-0.070.830.89-0.29-0.40.72-0.510.71-0.41-0.39-0.390.870.32-0.36-0.30.830.52-0.060.59
-0.180.65-0.4-0.43-0.350.64-0.24-0.23-0.390.940.56-0.350.620.030.790.230.87-0.25-0.340.680.53-0.52-0.02-0.29-0.52
0.25-0.680.470.35-0.35-0.69-0.270.280.32-0.42-0.92-0.02-0.650.1-0.53-0.65-0.510.330.98-0.47-0.890.720.67-0.050.75
-0.420.8-0.65-0.580.64-0.690.01-0.52-0.430.670.76-0.410.77-0.10.670.740.66-0.36-0.660.650.74-0.74-0.38-0.41-0.9
-0.090.45-0.31-0.07-0.24-0.270.01-0.320.17-0.080.160.210.520.230.330.080.16-0.15-0.390.320.05-0.14-0.390.25-0.35
0.9-0.590.940.83-0.230.28-0.52-0.320.61-0.13-0.20.75-0.570.51-0.36-0.43-0.310.650.32-0.28-0.140.660.60.020.69
0.86-0.320.770.89-0.390.32-0.430.170.61-0.27-0.370.58-0.280.87-0.23-0.34-0.270.930.25-0.18-0.260.660.47-0.130.39
-0.050.73-0.34-0.290.94-0.420.67-0.08-0.13-0.270.62-0.170.710.170.840.350.88-0.19-0.430.790.59-0.41-0.03-0.31-0.57
-0.190.73-0.45-0.40.56-0.920.760.16-0.2-0.370.620.00.71-0.030.640.630.63-0.34-0.910.660.93-0.77-0.54-0.04-0.73
0.75-0.310.680.72-0.35-0.02-0.410.210.750.58-0.170.0-0.260.52-0.18-0.36-0.230.48-0.07-0.2-0.010.490.120.380.45
-0.350.99-0.7-0.510.62-0.650.770.52-0.57-0.280.710.71-0.260.10.870.590.79-0.38-0.710.860.63-0.66-0.46-0.18-0.9
0.830.060.570.710.030.1-0.10.230.510.870.17-0.030.520.10.15-0.170.120.820.020.26-0.010.410.4-0.260.08
-0.20.86-0.53-0.410.79-0.530.670.33-0.36-0.230.840.64-0.180.870.150.260.98-0.29-0.580.740.58-0.56-0.23-0.12-0.7
-0.370.64-0.53-0.390.23-0.650.740.08-0.43-0.340.350.63-0.360.59-0.170.260.23-0.3-0.610.560.66-0.55-0.48-0.34-0.77
-0.180.81-0.48-0.390.87-0.510.660.16-0.31-0.270.880.63-0.230.790.120.980.23-0.27-0.550.690.58-0.54-0.18-0.15-0.65
0.85-0.390.810.87-0.250.33-0.36-0.150.650.93-0.19-0.340.48-0.380.82-0.29-0.3-0.270.29-0.22-0.20.610.5-0.170.42
0.23-0.730.490.32-0.340.98-0.66-0.390.320.25-0.43-0.91-0.07-0.710.02-0.58-0.61-0.550.29-0.5-0.850.70.73-0.110.76
-0.10.84-0.44-0.360.68-0.470.650.32-0.28-0.180.790.66-0.20.860.260.740.560.69-0.22-0.50.6-0.52-0.17-0.32-0.7
-0.120.65-0.35-0.30.53-0.890.740.05-0.14-0.260.590.93-0.010.63-0.010.580.660.58-0.2-0.850.6-0.69-0.43-0.11-0.69
0.66-0.670.790.83-0.520.72-0.74-0.140.660.66-0.41-0.770.49-0.660.41-0.56-0.55-0.540.610.7-0.52-0.690.67-0.080.76
0.59-0.490.650.52-0.020.67-0.38-0.390.60.47-0.03-0.540.12-0.460.4-0.23-0.48-0.180.50.73-0.17-0.430.67-0.510.54
-0.11-0.210.0-0.06-0.29-0.05-0.410.250.02-0.13-0.31-0.040.38-0.18-0.26-0.12-0.34-0.15-0.17-0.11-0.32-0.11-0.08-0.510.33
0.51-0.920.780.59-0.520.75-0.9-0.350.690.39-0.57-0.730.45-0.90.08-0.7-0.77-0.650.420.76-0.7-0.690.760.540.33
Click cells to compare fundamentals

Canada Rare Account Relationship Matchups

Canada Rare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5M603.1K1.2M2.3M2.0M2.9M
Total Current Liabilities1.4M661.6K1.4M1.7M1.9M2.0M
Total Stockholder Equity(46.0K)(183.5K)(532.2K)6.1K5.5K5.2K
Net Debt(164.2K)(30.6K)458.7K1.0M1.2M1.2M
Retained Earnings(25.1M)(25.7M)(26.8M)(26.6M)(23.9M)(22.7M)
Accounts Payable533.4K668.2K793.2K590.3K678.9K712.8K
Cash204.3K33.8K77.0K220.6K198.6K340.3K
Non Current Assets Total919.2K240.3K717.0K1.0M1.2M1.4M
Cash And Short Term Investments514.2K204.3K33.8K220.6K198.6K188.6K
Net Receivables197.8K5.4K324.7K574.2K660.3K693.3K
Common Stock Shares Outstanding200.1M204.2M205.6M209.7M241.2M253.3M
Liabilities And Stockholders Equity1.1M1.5M603.1K2.3M2.0M3.0M
Other Stockholder Equity8.3M8.3M8.5M8.8M10.1M11.6M
Total Liab1.6M786.6K1.7M2.3M2.6M2.7M
Total Current Assets600.5K362.8K478.5K1.3M1.1M2.1M
Short Long Term Debt Total1.1M40.1K3.3K1.2M1.4M1.5M
Other Current Liab324K1.3M658.4K590.3K678.9K465.3K
Short Term Debt1.1M36.8K3.3K1.1M1.2M1.3M
Net Tangible Assets(65.9K)(183.5K)(596.6K)(31.6K)(28.5K)(27.1K)
Other Current Assets323.6K73.3K59.7K464.8K534.5K561.2K
Common Stock16.8M17.0M17.5M17.6M20.2M16.2M
Accumulated Other Comprehensive Income8.3M8.3M8.5M9.0M10.4M8.9M
Intangible Assets19.9K1.064.4K37.8K34.0K32.3K
Non Current Liabilities Total179.3K125K349.4K602.7K693.1K388.2K
Short Long Term Debt410.4K1.1M535.7K1.0M1.2M713.1K
Other Liab250K176K125K436.4K392.7K207.9K
Net Invested Capital(46.0K)(183.5K)3.5K1.0M1.2M1.2M
Net Working Capital(785.9K)(298.9K)(899.9K)(406.4K)(365.7K)(384.0K)
Inventory(125.1K)250.3K59.7K453.1K521.1K547.1K
Capital Stock16.8M17.0M17.5M17.6M20.2M18.5M

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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