Silver Spruce Resources Stock Price To Sales

SSE Stock  CAD 0.01  0.00  0.00%   
Silver Spruce Resources fundamentals help investors to digest information that contributes to Silver Spruce's financial success or failures. It also enables traders to predict the movement of Silver Stock. The fundamental analysis module provides a way to measure Silver Spruce's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Silver Spruce stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 75.01  71.26 
Price To Sales Ratio is likely to drop to 71.26 in 2024.
  
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Silver Spruce Resources Company Price To Sales Analysis

Silver Spruce's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Current Silver Spruce Price To Sales

    
  71.26  
Most of Silver Spruce's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Silver Spruce Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Silver Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Silver Spruce is extremely important. It helps to project a fair market value of Silver Stock properly, considering its historical fundamentals such as Price To Sales. Since Silver Spruce's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Silver Spruce's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Silver Spruce's interrelated accounts and indicators.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Silver Price To Sales Ratio

Price To Sales Ratio

71.26

At this time, Silver Spruce's Price To Sales Ratio is fairly stable compared to the past year.

Silver Spruce Current Valuation Drivers

We derive many important indicators used in calculating different scores of Silver Spruce from analyzing Silver Spruce's financial statements. These drivers represent accounts that assess Silver Spruce's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Silver Spruce's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap4.1M6.5M6.5M3.8M4.4M5.1M
Enterprise Value4.0M5.3M5.4M3.6M4.2M4.5M

Silver Fundamentals

About Silver Spruce Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Silver Spruce Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Silver Spruce using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Silver Spruce Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Silver Stock Analysis

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