Advantage Free Cash Flow Yield vs Book Value Per Share Analysis

AAV Stock  CAD 10.99  0.01  0.09%   
Advantage Oil financial indicator trend analysis is way more than just evaluating Advantage Oil Gas prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advantage Oil Gas is a good investment. Please check the relationship between Advantage Oil Free Cash Flow Yield and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Oil Gas. 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.

Free Cash Flow Yield vs Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advantage Oil Gas Free Cash Flow Yield account and Book Value Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Advantage Oil's Free Cash Flow Yield and Book Value Per Share is 0.41. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Advantage Oil Gas, assuming nothing else is changed. The correlation between historical values of Advantage Oil's Free Cash Flow Yield and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Advantage Oil Gas are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Yield i.e., Advantage Oil's Free Cash Flow Yield and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Advantage Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advantage Oil Gas 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 Advantage Oil Gas. 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, Advantage Oil's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 17th of May 2024, Enterprise Value is likely to grow to about 1.8 B, while Selling General Administrative is likely to drop about 29.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense20.1M19.8M30.1M42.3M
Depreciation And Amortization106.8M133.9M154.0M94.7M

Advantage Oil fundamental ratios Correlations

-0.130.740.730.59-0.08-0.60.770.730.550.230.750.75-0.480.2-0.480.270.85-0.020.75-0.180.70.60.77-0.52-0.43
-0.130.03-0.01-0.58-0.030.57-0.23-0.13-0.120.16-0.15-0.12-0.060.26-0.010.230.08-0.27-0.060.59-0.090.170.01-0.01-0.2
0.740.030.990.02-0.69-0.760.830.96-0.130.230.950.97-0.83-0.35-0.890.250.91-0.460.98-0.050.970.850.97-0.92-0.88
0.73-0.010.990.01-0.71-0.780.860.96-0.150.210.960.97-0.87-0.36-0.890.230.92-0.410.98-0.10.970.850.98-0.92-0.85
0.59-0.580.020.010.47-0.330.290.120.760.170.150.120.210.310.15-0.130.140.410.09-0.480.06-0.080.050.130.26
-0.08-0.03-0.69-0.710.470.62-0.58-0.730.76-0.08-0.71-0.710.820.730.880.05-0.50.51-0.720.1-0.76-0.62-0.640.870.78
-0.60.57-0.76-0.78-0.330.62-0.83-0.870.13-0.14-0.87-0.860.650.510.78-0.01-0.650.2-0.810.48-0.84-0.52-0.750.80.62
0.77-0.230.830.860.29-0.58-0.830.930.060.20.940.92-0.87-0.17-0.850.120.890.00.91-0.380.890.670.87-0.83-0.58
0.73-0.130.960.960.12-0.73-0.870.93-0.140.251.01.0-0.87-0.38-0.930.150.9-0.340.98-0.250.990.760.94-0.95-0.81
0.55-0.12-0.13-0.150.760.760.130.06-0.140.06-0.1-0.120.310.790.390.240.140.55-0.13-0.1-0.19-0.2-0.040.370.42
0.230.160.230.210.17-0.08-0.140.20.250.060.250.24-0.14-0.08-0.22-0.040.2-0.190.22-0.30.250.090.19-0.24-0.2
0.75-0.150.950.960.15-0.71-0.870.941.0-0.10.251.0-0.88-0.34-0.920.150.91-0.30.98-0.260.990.760.94-0.93-0.78
0.75-0.120.970.970.12-0.71-0.860.921.0-0.120.241.0-0.86-0.36-0.920.180.91-0.360.99-0.230.990.760.95-0.94-0.82
-0.48-0.06-0.83-0.870.210.820.65-0.87-0.870.31-0.14-0.88-0.860.320.92-0.2-0.840.21-0.870.11-0.87-0.72-0.860.890.7
0.20.26-0.35-0.360.310.730.51-0.17-0.380.79-0.08-0.34-0.360.320.480.280.020.64-0.350.08-0.42-0.26-0.270.510.57
-0.48-0.01-0.89-0.890.150.880.78-0.85-0.930.39-0.22-0.92-0.920.920.48-0.15-0.80.33-0.910.2-0.93-0.72-0.870.990.84
0.270.230.250.23-0.130.05-0.010.120.150.24-0.040.150.18-0.20.28-0.150.34-0.130.140.370.170.040.28-0.17-0.27
0.850.080.910.920.14-0.5-0.650.890.90.140.20.910.91-0.840.02-0.80.34-0.140.92-0.120.880.780.94-0.81-0.67
-0.02-0.27-0.46-0.410.410.510.20.0-0.340.55-0.19-0.3-0.360.210.640.33-0.13-0.14-0.36-0.37-0.43-0.38-0.320.420.7
0.75-0.060.980.980.09-0.72-0.810.910.98-0.130.220.980.99-0.87-0.35-0.910.140.92-0.36-0.170.980.860.95-0.93-0.82
-0.180.59-0.05-0.1-0.480.10.48-0.38-0.25-0.1-0.3-0.26-0.230.110.080.20.37-0.12-0.37-0.17-0.190.08-0.070.17-0.16
0.7-0.090.970.970.06-0.76-0.840.890.99-0.190.250.990.99-0.87-0.42-0.930.170.88-0.430.98-0.190.770.94-0.95-0.85
0.60.170.850.85-0.08-0.62-0.520.670.76-0.20.090.760.76-0.72-0.26-0.720.040.78-0.380.860.080.770.79-0.73-0.71
0.770.010.970.980.05-0.64-0.750.870.94-0.040.190.940.95-0.86-0.27-0.870.280.94-0.320.95-0.070.940.79-0.89-0.82
-0.52-0.01-0.92-0.920.130.870.8-0.83-0.950.37-0.24-0.93-0.940.890.510.99-0.17-0.810.42-0.930.17-0.95-0.73-0.890.89
-0.43-0.2-0.88-0.850.260.780.62-0.58-0.810.42-0.2-0.78-0.820.70.570.84-0.27-0.670.7-0.82-0.16-0.85-0.71-0.820.89
Click cells to compare fundamentals

Advantage Oil Account Relationship Matchups

Advantage Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.5B2.0B2.2B2.3B1.4B
Short Long Term Debt Total298.2M249.4M167.3M192.9M173.6M267.7M
Other Current Liab64.4M56.8M95.4M107.8M25.8M24.5M
Total Current Liabilities64.6M57.0M95.4M107.8M96.4M91.6M
Total Stockholder Equity1.3B1.0B1.5B1.6B1.6B992.2M
Property Plant And Equipment Net1.8B1.5B1.9B1.9B2.1B1.2B
Net Debt285.1M246.1M142.1M144.0M239.9M241.1M
Retained Earnings(1.2B)(1.4B)(1.0B)(684.6M)(583.0M)(612.1M)
Cash13.1M3.3M25.2M48.9M19.3M32.1M
Non Current Assets Total1.8B1.5B1.9B2.0B2.2B1.4B
Non Currrent Assets Other1.8B4.1M57.7M94.0M4.0M3.8M
Cash And Short Term Investments13.1M3.3M25.2M48.9M44.0M34.4M
Net Receivables29.3M28.5M54.8M92.8M49.6M47.1M
Common Stock Shares Outstanding190.9M186.7M187.8M198.6M162.2M104.1M
Liabilities And Stockholders Equity1.8B1.5B2.0B2.2B2.0B1.3B
Non Current Liabilities Total437.7M436.5M439.5M544.5M646.2M434.3M
Other Stockholder Equity117.1M114.3M110.3M142.8M128.5M122.1M
Total Liab502.4M493.5M534.9M652.3M742.6M609.4M
Property Plant And Equipment Gross1.8B1.5B3.0B3.2B3.5B3.7B
Total Current Assets45.9M40.7M83.8M178.7M120.5M114.4M
Accumulated Other Comprehensive Income(667.0M)(786.0M)(905.1M)(1.4B)(1.2B)(1.2B)
Other Current Assets2.0M6.9M3.8M37.0M33.3M38.5M
Accounts Payable50.7M37.0M76.6M78.3M70.4M66.9M
Common Stock Total Equity2.3B2.3B2.3B2.4B2.7B2.4B
Common Stock2.3B2.4B2.4B2.1B2.4B2.4B
Other Liab139.8M187.4M180.5M259.4M298.3M151.4M
Net Tangible Assets1.3B1.0B1.5B1.6B1.8B1.4B
Other Assets0.028.9M57.7M94.0M108.1M113.5M
Long Term Debt295.6M247.1M167.3M192.9M259.1M185.1M
Property Plant Equipment1.8B1.5B1.9B1.9B2.2B1.8B
Long Term Debt Total297.9M249.1M169.2M194.6M223.8M242.6M
Capital Surpluse117.1M114.3M110.3M142.8M164.2M128.6M

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Oil Gas. 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.
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Please note, there is a significant difference between Advantage Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advantage Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advantage Oil'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.