Peruvian Net Debt vs Total Liab 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 Net Debt and its Total Liab 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.
Net Debt vs Total Liab
Net Debt vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Peruvian Metals Corp Net Debt account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Peruvian Metals' Net Debt and Total Liab is 0.52. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab 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' Net Debt and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Peruvian Metals Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Peruvian Metals' Net Debt and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 |
Peruvian Metals fundamental ratios Correlations
Click cells to compare fundamentals
Peruvian Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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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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