Generation Invested Capital vs Ptb Ratio Analysis

GENM Stock

CAD 0.26 0.01 3.70%

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

Invested Capital vs Ptb Ratio

Invested Capital vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Generation Mining Invested Capital account and Ptb Ratio. At this time, the significance of the direction appears to have weak relationship.

The correlation between Generation Mining's Invested Capital and Ptb Ratio is 0.37. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Generation Mining, assuming nothing else is changed. The correlation between historical values of Generation Mining's Invested Capital and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Generation Mining are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Invested Capital i.e., Generation Mining's Invested Capital and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Generation Mining. There are two different methods for calculating Generation Mining invested capital: operating approach and financing approach. Understanding Generation Mining invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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.

Most indicators from Generation Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Generation Mining 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 Generation Mining. 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, Generation Mining's Selling General Administrative is very stable compared to the past year. As of the 27th of July 2024, Enterprise Value is likely to grow to about 54.2 M, while Issuance Of Capital Stock is likely to drop about 8.9 M.

	2021	2023	2024 (projected)
Depreciation And Amortization	97.3K	87.6K	83.2K
Interest Income	26.1K	435.3K	413.5K

Depreciation And Amortization Interest Income

Generation Mining fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Total Assets	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Short Long Term Debt Total	Long Term Debt	Long Term Debt Total	Other Current Assets	Other Stockholder Equity	Short Long Term Debt	Capital Stock	Short Term Debt	Property Plant And Equipment Net	Non Currrent Assets Other
Other Current Liab		0.19	0.3	0.19	0.15	0.44	0.3	0.39	0.29	-0.73	0.37	0.29	0.57	0.45	0.28	0.49	-0.46	0.32	-0.09	0.08	0.38	0.32	0.35	-0.53	-0.07	-0.03
Total Current Liabilities	0.19		-0.84	0.92	0.88	0.85	0.89	0.89	-0.81	-0.55	0.9	0.87	0.78	0.83	-0.81	0.79	-0.58	0.69	-0.01	0.73	0.73	0.69	0.89	-0.85	0.87	0.56
Net Tangible Assets	0.3	-0.84		-0.82	-0.8	-0.52	-0.75	-0.61	0.98	0.09	-0.63	-0.69	-0.49	-0.62	0.98	-0.45	0.35	-0.57	0.01	-0.8	-0.47	-0.57	-0.71	0.57	-0.75	-0.69
Accounts Payable	0.19	0.92	-0.82		0.96	0.81	0.98	0.86	-0.86	-0.61	0.87	0.96	0.87	0.89	-0.86	0.81	-0.59	0.85	-0.04	0.79	0.78	0.85	0.92	-0.91	0.64	0.82
Net Receivables	0.15	0.88	-0.8	0.96		0.8	0.98	0.86	-0.85	-0.57	0.85	0.95	0.88	0.87	-0.84	0.8	-0.44	0.88	0.13	0.75	0.8	0.88	0.91	-0.85	0.63	0.81
Total Current Assets	0.44	0.85	-0.52	0.81	0.8		0.84	0.99	-0.54	-0.82	0.98	0.88	0.86	0.9	-0.54	0.97	-0.62	0.77	0.05	0.45	0.89	0.77	0.91	-0.89	0.67	0.53
Common Stock	0.3	0.89	-0.75	0.98	0.98	0.84		0.89	-0.79	-0.67	0.89	0.97	0.94	0.92	-0.79	0.84	-0.55	0.9	0.06	0.76	0.83	0.9	0.94	-0.93	0.6	0.8
Total Assets	0.39	0.89	-0.61	0.86	0.86	0.99	0.89		-0.61	-0.8	1.0	0.92	0.89	0.93	-0.61	0.97	-0.6	0.81	0.09	0.51	0.91	0.81	0.94	-0.91	0.71	0.58
Total Stockholder Equity	0.29	-0.81	0.98	-0.86	-0.85	-0.54	-0.79	-0.61		0.14	-0.64	-0.74	-0.54	-0.66	1.0	-0.48	0.36	-0.65	0.02	-0.82	-0.51	-0.65	-0.74	0.61	-0.68	-0.79
Net Debt	-0.73	-0.55	0.09	-0.61	-0.57	-0.82	-0.67	-0.8	0.14		-0.78	-0.77	-0.85	-0.72	0.14	-0.9	0.56	-0.66	-0.03	-0.16	-0.81	-0.66	-0.67	0.83	-0.28	-0.37
Cash	0.37	0.9	-0.63	0.87	0.85	0.98	0.89	1.0	-0.64	-0.78		0.92	0.88	0.94	-0.64	0.97	-0.62	0.82	0.05	0.53	0.91	0.82	0.95	-0.91	0.7	0.61
Cash And Short Term Investments	0.29	0.87	-0.69	0.96	0.95	0.88	0.97	0.92	-0.74	-0.77	0.92		0.93	0.9	-0.74	0.91	-0.58	0.87	0.02	0.63	0.87	0.87	0.91	-0.94	0.59	0.78
Common Stock Total Equity	0.57	0.78	-0.49	0.87	0.88	0.86	0.94	0.89	-0.54	-0.85	0.88	0.93		0.92	-0.54	0.9	-0.52	0.9	0.14	0.56	0.89	0.9	0.9	-0.93	0.45	0.67
Common Stock Shares Outstanding	0.45	0.83	-0.62	0.89	0.87	0.9	0.92	0.93	-0.66	-0.72	0.94	0.9	0.92		-0.66	0.89	-0.62	0.92	0.05	0.65	0.88	0.92	0.99	-0.91	0.52	0.74
Net Invested Capital	0.28	-0.81	0.98	-0.86	-0.84	-0.54	-0.79	-0.61	1.0	0.14	-0.64	-0.74	-0.54	-0.66		-0.48	0.37	-0.65	0.03	-0.82	-0.51	-0.65	-0.74	0.61	-0.68	-0.79
Net Working Capital	0.49	0.79	-0.45	0.81	0.8	0.97	0.84	0.97	-0.48	-0.9	0.97	0.91	0.9	0.89	-0.48		-0.61	0.8	0.07	0.39	0.92	0.8	0.88	-0.91	0.56	0.57
Short Long Term Debt Total	-0.46	-0.58	0.35	-0.59	-0.44	-0.62	-0.55	-0.6	0.36	0.56	-0.62	-0.58	-0.52	-0.62	0.37	-0.61		-0.36	0.73	-0.6	-0.32	-0.36	-0.61	0.77	-0.34	-0.41
Long Term Debt	0.32	0.69	-0.57	0.85	0.88	0.77	0.9	0.81	-0.65	-0.66	0.82	0.87	0.9	0.92	-0.65	0.8	-0.36		0.27	0.56	0.9	1.0	0.91	-0.79	0.33	0.85
Long Term Debt Total	-0.09	-0.01	0.01	-0.04	0.13	0.05	0.06	0.09	0.02	-0.03	0.05	0.02	0.14	0.05	0.03	0.07	0.73	0.27		-0.33	0.39	0.27	0.05	0.18	0.07	-0.04
Other Current Assets	0.08	0.73	-0.8	0.79	0.75	0.45	0.76	0.51	-0.82	-0.16	0.53	0.63	0.56	0.65	-0.82	0.39	-0.6	0.56	-0.33		0.3	0.56	0.7	-0.67	0.49	0.68
Other Stockholder Equity	0.38	0.73	-0.47	0.78	0.8	0.89	0.83	0.91	-0.51	-0.81	0.91	0.87	0.89	0.88	-0.51	0.92	-0.32	0.9	0.39	0.3		0.9	0.86	-0.79	0.5	0.61
Short Long Term Debt	0.32	0.69	-0.57	0.85	0.88	0.77	0.9	0.81	-0.65	-0.66	0.82	0.87	0.9	0.92	-0.65	0.8	-0.36	1.0	0.27	0.56	0.9		0.91	-0.79	0.33	0.85
Capital Stock	0.35	0.89	-0.71	0.92	0.91	0.91	0.94	0.94	-0.74	-0.67	0.95	0.91	0.9	0.99	-0.74	0.88	-0.61	0.91	0.05	0.7	0.86	0.91		-0.91	0.62	0.75
Short Term Debt	-0.53	-0.85	0.57	-0.91	-0.85	-0.89	-0.93	-0.91	0.61	0.83	-0.91	-0.94	-0.93	-0.91	0.61	-0.91	0.77	-0.79	0.18	-0.67	-0.79	-0.79	-0.91		-0.54	-0.67
Property Plant And Equipment Net	-0.07	0.87	-0.75	0.64	0.63	0.67	0.6	0.71	-0.68	-0.28	0.7	0.59	0.45	0.52	-0.68	0.56	-0.34	0.33	0.07	0.49	0.5	0.33	0.62	-0.54		0.2
Non Currrent Assets Other	-0.03	0.56	-0.69	0.82	0.81	0.53	0.8	0.58	-0.79	-0.37	0.61	0.78	0.67	0.74	-0.79	0.57	-0.41	0.85	-0.04	0.68	0.61	0.85	0.75	-0.67	0.2

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Generation Mining Account Relationship Matchups

Generation Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	289.0K	1.7M	2.3M	650.9K	387.1K	367.8K
Total Current Liabilities	496.4K	1.8M	2.3M	8.1M	4.8M	5.0M
Net Tangible Assets	2.2M	13.7M	5.7M	(24.1M)	(21.7M)	(20.6M)
Accounts Payable	259.5K	1.7M	1.8M	4.4M	5.0M	5.3M
Net Receivables	540.9K	483.1K	728.0K	1.7M	2.0M	2.1M
Total Current Assets	2.0M	14.9M	7.5M	20.7M	16.7M	8.4M
Common Stock	11.6M	28.4M	38.9M	66.7M	76.7M	80.5M
Total Assets	2.9M	15.7M	8.2M	25.0M	20.2M	11.8M
Total Stockholder Equity	2.2M	13.7M	5.7M	(24.1M)	(29.4M)	(27.9M)
Net Debt	(1.0M)	(788.0K)	(11.4M)	(5.2M)	(4.7M)	(4.9M)
Retained Earnings	(15.4M)	(23.8M)	(40.8M)	(96.8M)	(114.6M)	(108.9M)
Cash	1.2M	11.7M	5.4M	18.8M	16.5M	8.6M
Non Current Assets Total	879.9K	803.0K	705.7K	4.3M	3.5M	3.7M
Cash And Short Term Investments	1.5M	14.2M	6.6M	18.8M	21.6M	22.7M
Common Stock Shares Outstanding	66.7M	125.8M	145.7M	180.4M	236.1M	131.3M
Liabilities And Stockholders Equity	2.9M	15.7M	8.2M	25.0M	28.8M	30.2M
Non Current Liabilities Total	223.2K	191.4K	151.5K	41.0M	44.8M	47.1M
Total Liab	719.5K	2.0M	2.5M	49.1M	49.6M	52.1M
Net Invested Capital	2.4M	13.7M	5.7M	(24.1M)	(29.4M)	(27.9M)
Net Working Capital	1.6M	13.1M	5.1M	12.6M	11.9M	7.4M
Long Term Debt Total	403.7K	191.4K	151.5K	201.4K	181.2K	177.8K
Other Stockholder Equity	4.5M	6.4M	2.7M	6.1M	7.0M	4.5M
Capital Stock	11.6M	28.4M	38.9M	66.7M	80.4M	42.0M

Pair Trading with Generation Mining

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 Generation Mining 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 Generation Mining will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Generation Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Generation Mining 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 Generation Mining - 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 Generation Mining to buy it.

The correlation of Generation Mining 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 Generation Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Generation Mining 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 Generation Mining 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 Correlation Correlation Matching

Other Information on Investing in Generation Stock

Balance Sheet is a snapshot of the financial position of Generation Mining at a specified time, usually calculated after every quarter, six months, or one year. Generation Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Generation Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Generation currently owns. An asset can also be divided into two categories, current and non-current.

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Generation Invested Capital vs Ptb Ratio Analysis

Invested Capital vs Ptb Ratio

Invested Capital vs Ptb Ratio Correlation Analysis

Correlation Coefficient

Invested Capital

Ptb Ratio

Generation Mining fundamental ratios Correlations

Generation Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Generation Mining fundamental ratios Accounts

Pair Trading with Generation Mining

Other Information on Investing in Generation Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Short Long Term Debt	+ 1.0	Long Term Debt
Total Assets	+ 0.99	Total Current Assets
Capital Stock	+ 0.99	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.98	Net Tangible Assets

Short Term Debt	- 0.94	Cash And Short Term Investments
Short Term Debt	- 0.93	Common Stock Total Equity
Short Term Debt	- 0.93	Common Stock
Short Term Debt	- 0.91	Capital Stock
Short Term Debt	- 0.91	Net Working Capital
Short Term Debt	- 0.91	Common Stock Shares Outstanding