Peruvian Invested Capital vs Capex To Depreciation Analysis

PER Stock

CAD 0.07 0.01 7.14%

Peruvian Metals financial indicator trend analysis is much more than just breaking down Peruvian Metals Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peruvian Metals Corp is a good investment. Please check the relationship between Peruvian Metals Invested Capital and its Capex To Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peruvian Metals 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.

Invested Capital vs Capex To Depreciation

Invested Capital vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peruvian Metals Corp Invested Capital account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Peruvian Metals' Invested Capital and Capex To Depreciation is -0.07. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Peruvian Metals Corp, assuming nothing else is changed. The correlation between historical values of Peruvian Metals' Invested Capital and Capex To Depreciation 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 Peruvian Metals Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Invested Capital i.e., Peruvian Metals' Invested Capital and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Invested Capital

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

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.

Most indicators from Peruvian Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peruvian Metals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peruvian Metals 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, Peruvian Metals' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.40 in 2024, whereas Tax Provision is likely to drop slightly above 68 K in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	2.3M	2.4M	2.3M	2.1M
Depreciation And Amortization	240.8K	235.1K	174.4K	91.8K

Other Operating Expenses Depreciation And Amortization

Peruvian Metals fundamental ratios Correlations

	Total Assets	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	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Short Term Investments	Common Stock	Non Current Liabilities Total	Other Current Liab	Net Tangible Assets	Inventory	Property Plant Equipment	Short Long Term Debt Total	Net Invested Capital
Total Assets		-0.18	0.97	0.22	-0.85	-0.38	0.1	0.86	0.34	0.43	0.86	-0.21	0.29	0.6	-0.14	0.86	0.09	-0.07	0.31	-0.35	-0.2	0.37	0.33	0.36	0.36	0.36
Total Current Liabilities	-0.18		-0.38	0.52	0.54	-0.39	0.94	-0.5	0.65	0.25	-0.5	0.49	-0.8	-0.6	0.97	-0.54	-0.2	0.33	0.37	-0.16	0.95	-0.65	-0.71	-0.35	-0.43	-0.18
Total Stockholder Equity	0.97	-0.38		0.05	-0.92	-0.19	-0.11	0.92	0.17	0.25	0.92	-0.42	0.5	0.73	-0.37	0.91	0.02	-0.15	0.11	-0.33	-0.41	0.57	0.54	0.52	0.54	0.48
Property Plant And Equipment Net	0.22	0.52	0.05		0.24	-0.67	0.54	-0.22	0.81	0.69	-0.22	0.34	-0.36	-0.01	0.52	-0.16	0.19	-0.02	0.67	-0.45	0.44	-0.26	-0.32	-0.06	-0.13	-0.02
Net Debt	-0.85	0.54	-0.92	0.24		0.01	0.29	-1.0	0.2	-0.1	-1.0	0.38	-0.52	-0.62	0.52	-0.99	0.03	0.21	0.02	0.19	0.47	-0.5	-0.53	-0.41	-0.43	-0.3
Retained Earnings	-0.38	-0.39	-0.19	-0.67	0.01		-0.52	-0.02	-0.67	-0.97	-0.03	-0.59	0.36	-0.07	-0.46	-0.06	-0.21	-0.1	-0.96	0.46	-0.32	0.4	0.41	0.37	0.37	0.29
Accounts Payable	0.1	0.94	-0.11	0.54	0.29	-0.52		-0.24	0.72	0.39	-0.24	0.45	-0.72	-0.41	0.94	-0.28	-0.15	0.33	0.49	-0.19	0.89	-0.55	-0.61	-0.26	-0.35	-0.08
Cash	0.86	-0.5	0.92	-0.22	-1.0	-0.02	-0.24		-0.17	0.11	1.0	-0.38	0.49	0.6	-0.49	0.99	-0.05	-0.19	-0.01	-0.2	-0.43	0.48	0.51	0.41	0.43	0.31
Non Current Assets Total	0.34	0.65	0.17	0.81	0.2	-0.67	0.72	-0.17		0.58	-0.17	0.22	-0.36	0.06	0.66	-0.17	0.02	0.26	0.57	-0.42	0.47	-0.14	-0.28	0.01	-0.02	0.22
Non Currrent Assets Other	0.43	0.25	0.25	0.69	-0.1	-0.97	0.39	0.11	0.58		0.12	0.57	-0.3	0.12	0.32	0.18	0.32	0.05	0.97	-0.47	0.22	-0.35	-0.36	-0.34	-0.36	-0.29
Cash And Short Term Investments	0.86	-0.5	0.92	-0.22	-1.0	-0.03	-0.24	1.0	-0.17	0.12		-0.36	0.48	0.59	-0.49	0.99	-0.04	-0.19	0.0	-0.2	-0.43	0.47	0.49	0.39	0.41	0.3
Common Stock Shares Outstanding	-0.21	0.49	-0.42	0.34	0.38	-0.59	0.45	-0.38	0.22	0.57	-0.36		-0.8	-0.67	0.57	-0.31	0.23	0.37	0.74	0.02	0.55	-0.9	-0.9	-0.93	-0.95	-0.73
Other Current Assets	0.29	-0.8	0.5	-0.36	-0.52	0.36	-0.72	0.49	-0.36	-0.3	0.48	-0.8		0.84	-0.82	0.47	0.01	-0.53	-0.47	-0.05	-0.85	0.86	0.96	0.74	0.76	0.42
Other Stockholder Equity	0.6	-0.6	0.73	-0.01	-0.62	-0.07	-0.41	0.6	0.06	0.12	0.59	-0.67	0.84		-0.59	0.59	0.01	-0.35	-0.08	-0.31	-0.71	0.82	0.87	0.73	0.74	0.54
Total Liab	-0.14	0.97	-0.37	0.52	0.52	-0.46	0.94	-0.49	0.66	0.32	-0.49	0.57	-0.82	-0.59		-0.5	-0.02	0.37	0.45	0.01	0.93	-0.7	-0.75	-0.44	-0.52	-0.25
Total Current Assets	0.86	-0.54	0.91	-0.16	-0.99	-0.06	-0.28	0.99	-0.17	0.18	0.99	-0.31	0.47	0.59	-0.5		0.1	-0.21	0.06	-0.16	-0.45	0.44	0.47	0.35	0.36	0.24
Net Receivables	0.09	-0.2	0.02	0.19	0.03	-0.21	-0.15	-0.05	0.02	0.32	-0.04	0.23	0.01	0.01	-0.02	0.1		-0.05	0.32	0.46	-0.09	-0.16	-0.1	-0.25	-0.25	-0.31
Short Term Investments	-0.07	0.33	-0.15	-0.02	0.21	-0.1	0.33	-0.19	0.26	0.05	-0.19	0.37	-0.53	-0.35	0.37	-0.21	-0.05		0.17	0.19	0.28	-0.21	-0.43	-0.45	-0.39	0.2
Common Stock	0.31	0.37	0.11	0.67	0.02	-0.96	0.49	-0.01	0.57	0.97	0.0	0.74	-0.47	-0.08	0.45	0.06	0.32	0.17		-0.37	0.36	-0.53	-0.54	-0.53	-0.54	-0.41
Non Current Liabilities Total	-0.35	-0.16	-0.33	-0.45	0.19	0.46	-0.19	-0.2	-0.42	-0.47	-0.2	0.02	-0.05	-0.31	0.01	-0.16	0.46	0.19	-0.37		-0.05	-0.12	-0.08	-0.23	-0.26	-0.19
Other Current Liab	-0.2	0.95	-0.41	0.44	0.47	-0.32	0.89	-0.43	0.47	0.22	-0.43	0.55	-0.85	-0.71	0.93	-0.45	-0.09	0.28	0.36	-0.05		-0.76	-0.77	-0.44	-0.54	-0.32
Net Tangible Assets	0.37	-0.65	0.57	-0.26	-0.5	0.4	-0.55	0.48	-0.14	-0.35	0.47	-0.9	0.86	0.82	-0.7	0.44	-0.16	-0.21	-0.53	-0.12	-0.76		0.92	0.87	0.91	0.82
Inventory	0.33	-0.71	0.54	-0.32	-0.53	0.41	-0.61	0.51	-0.28	-0.36	0.49	-0.9	0.96	0.87	-0.75	0.47	-0.1	-0.43	-0.54	-0.08	-0.77	0.92		0.85	0.86	0.59
Property Plant Equipment	0.36	-0.35	0.52	-0.06	-0.41	0.37	-0.26	0.41	0.01	-0.34	0.39	-0.93	0.74	0.73	-0.44	0.35	-0.25	-0.45	-0.53	-0.23	-0.44	0.87	0.85		0.96	0.77
Short Long Term Debt Total	0.36	-0.43	0.54	-0.13	-0.43	0.37	-0.35	0.43	-0.02	-0.36	0.41	-0.95	0.76	0.74	-0.52	0.36	-0.25	-0.39	-0.54	-0.26	-0.54	0.91	0.86	0.96		0.79
Net Invested Capital	0.36	-0.18	0.48	-0.02	-0.3	0.29	-0.08	0.31	0.22	-0.29	0.3	-0.73	0.42	0.54	-0.25	0.24	-0.31	0.2	-0.41	-0.19	-0.32	0.82	0.59	0.77	0.79

Click cells to compare fundamentals

Peruvian Metals Account Relationship Matchups

Peruvian Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2M	2.9M	2.4M	2.1M	1.9M	1.8M
Total Current Liabilities	1.4M	1.2M	783.8K	630.6K	446.6K	505.7K
Total Stockholder Equity	701.9K	1.6M	1.2M	957.0K	711.7K	676.1K
Property Plant And Equipment Net	1.9M	1.8M	1.7M	1.4M	1.4M	2.7M
Net Debt	84.2K	(30.6K)	(323.8K)	(216.0K)	(143.5K)	(150.7K)
Retained Earnings	(52.0M)	(51.4M)	(52.4M)	(52.7M)	(53.0M)	(50.4M)
Accounts Payable	894.9K	807.5K	632.7K	490.0K	344.1K	413.0K
Cash	48.8K	170.0K	323.8K	216.0K	143.5K	136.3K
Non Current Assets Total	1.9M	2.6M	1.7M	1.4M	1.4M	1.3M
Cash And Short Term Investments	48.8K	170.0K	544.9K	294.8K	216.4K	205.6K
Common Stock Shares Outstanding	81.8M	88.7M	98.4M	98.6M	99.2M	104.2M
Liabilities And Stockholders Equity	2.2M	2.9M	2.4M	2.1M	1.9M	1.8M
Other Current Assets	13.3K	2.3K	8.1K	36.9K	23.0K	17.6K
Other Stockholder Equity	306.4K	302.5K	177.2K	371.5K	427.2K	405.8K
Total Liab	1.7M	1.5M	1.0M	854.3K	682.1K	630.6K
Total Current Assets	244.7K	305.2K	661.0K	661.9K	566.3K	985.0K
Net Receivables	136.7K	107.8K	82.7K	280.0K	304.8K	320.0K
Accumulated Other Comprehensive Income	302.5K	177.2K	371.5K	321.9K	270K	499.7K
Common Stock	52.4M	52.8M	53.3M	53.4M	53.5M	55.5M
Non Current Liabilities Total	235.6K	247.4K	259.8K	223.7K	235.5K	160.8K
Other Current Liab	411.8K	272.1K	151.1K	140.6K	102.6K	176.3K
Net Tangible Assets	1.6M	701.9K	1.6M	1.2M	1.1M	1.2M
Inventory	45.9K	25.2K	25.3K	50.3K	22.2K	39.6K
Property Plant Equipment	2.6M	1.9M	1.8M	1.7M	1.5M	1.8M
Net Invested Capital	834.9K	2.0M	1.2M	957.0K	861.3K	1.2M
Net Working Capital	(1.2M)	(913.7K)	(122.8K)	31.3K	35.9K	37.7K
Capital Stock	52.4M	52.8M	53.3M	53.4M	61.4M	58.1M

Pair Trading with Peruvian Metals

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 Peruvian Metals 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 Peruvian Metals will appreciate offsetting losses from the drop in the long position's value.

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

The correlation of Peruvian Metals 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 Peruvian Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peruvian Metals Corp 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 Peruvian Metals 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

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Peruvian Metals 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.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Peruvian Stock analysis

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

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Please note, there is a significant difference between Peruvian Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Peruvian Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peruvian Metals' 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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Peruvian Invested Capital vs Capex To Depreciation Analysis

Invested Capital vs Capex To Depreciation

Invested Capital vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Invested Capital

Capex To Depreciation

Peruvian Metals fundamental ratios Correlations

Peruvian Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Peruvian Metals fundamental ratios Accounts

Pair Trading with Peruvian Metals

Complementary Tools for Peruvian Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Stockholder Equity	+ 0.97	Total Assets
Total Liab	+ 0.97	Total Current Liabilities
Common Stock	+ 0.97	Non Currrent Assets Other

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.99	Net Debt
Non Currrent Assets Other	- 0.97	Retained Earnings
Common Stock	- 0.96	Retained Earnings
Short Long Term Debt Total	- 0.95	Common Stock Shares Outstanding