Firefox Ptb Ratio vs Capex To Depreciation Analysis
| FFOX Stock | | | CAD 0.71 0.02 2.90% |
Firefox Gold financial indicator trend analysis is much more than just examining Firefox Gold Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Firefox Gold Corp is a good investment. Please check the relationship between Firefox Gold Ptb Ratio and its Capex To Depreciation accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Firefox Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in consumer price index.
Ptb Ratio vs Capex To Depreciation
Ptb Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Firefox Gold Corp Ptb Ratio account and
Capex To Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Firefox Gold's Ptb Ratio and Capex To Depreciation is 0.56. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Firefox Gold Corp, assuming nothing else is changed. The correlation between historical values of Firefox Gold's Ptb Ratio 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 Ptb Ratio of Firefox Gold 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 Ptb Ratio i.e., Firefox Gold's Ptb Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.56 |
| Relationship Direction | Positive |
| Relationship Strength | 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.
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 Firefox Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Firefox Gold 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Firefox Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in consumer price index.
At this time, Firefox Gold's
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 1
M in 2025, despite the fact that
Enterprise Value Over EBITDA is likely to grow to (33.8
K).
Firefox Gold fundamental ratios Correlations
Click cells to compare fundamentals
Firefox Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Firefox Gold fundamental ratios Accounts
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