AgriFORCE Pocfratio vs Price To Sales Ratio Analysis
AGRI Stock | USD 0.04 0 4.02% |
AgriFORCE Growing financial indicator trend analysis is way more than just evaluating AgriFORCE Growing Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AgriFORCE Growing Systems is a good investment. Please check the relationship between AgriFORCE Growing Pocfratio and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AgriFORCE Growing Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Pocfratio vs Price To Sales Ratio
Pocfratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AgriFORCE Growing Systems Pocfratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AgriFORCE Growing's Pocfratio and Price To Sales Ratio is -0.17. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of AgriFORCE Growing Systems, assuming nothing else is changed. The correlation between historical values of AgriFORCE Growing's Pocfratio and Price To Sales 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 Pocfratio of AgriFORCE Growing Systems are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Pocfratio i.e., AgriFORCE Growing's Pocfratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Pocfratio
Price To Sales Ratio
Price to Sales Ratio is figured by comparing AgriFORCE Growing Systems stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on AgriFORCE Growing sales, a figure that is much harder to manipulate than other AgriFORCE Growing Systems multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from AgriFORCE Growing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AgriFORCE Growing Systems 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AgriFORCE Growing Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. The current Selling General Administrative is estimated to decrease to about 6.4 M. The current Issuance Of Capital Stock is estimated to decrease to about 1.3 M
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 11.8K | 22.4K | 519.4K | 545.4K | Total Operating Expenses | 6.9M | 13.7M | 11.2M | 7.9M |
AgriFORCE Growing fundamental ratios Correlations
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AgriFORCE Growing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AgriFORCE Growing fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.4M | 3.4M | 11.8M | 21.8M | 17.4M | 10.8M | |
Other Current Liab | 451.8K | 939.4K | 1.7M | 649.6K | 1.4M | 960.2K | |
Total Current Liabilities | 1.4M | 1.9M | 2.3M | 5.4M | 6.0M | 3.2M | |
Total Stockholder Equity | 3.0M | 1.4M | 8.0M | 10.5M | 8.6M | 5.8M | |
Net Tangible Assets | (3.7M) | (5.3M) | 6.5M | (2.5M) | (2.9M) | (2.8M) | |
Property Plant And Equipment Net | 2.1M | 2.1M | 2.1M | 5.8M | 125.4K | 119.1K | |
Net Debt | (2.2M) | (622.0K) | (7.7M) | 3.2M | 251.4K | 264.0K | |
Retained Earnings | (8.4M) | (12.5M) | (19.9M) | (32.8M) | (44.5M) | (42.3M) | |
Accounts Payable | 923.8K | 991.6K | 551.3K | 498.2K | 578.1K | 682.8K | |
Cash | 2.2M | 653.4K | 7.8M | 2.3M | 3.9M | 3.1M | |
Non Current Assets Total | 2.1M | 2.5M | 3.6M | 18.9M | 13.1M | 7.4M | |
Cash And Short Term Investments | 2.2M | 653.4K | 7.8M | 2.3M | 3.9M | 3.1M | |
Net Receivables | 47.7K | 9.0K | 32.3K | 48.9K | 30.9K | 27.4K | |
Liabilities And Stockholders Equity | 4.4M | 3.4M | 11.8M | 21.8M | 17.4M | 10.8M | |
Non Current Liabilities Total | 923.8K | 31.4K | 1.5M | 5.9M | 2.8M | 2.1M | |
Inventory | 9.4K | 170K | 246.4K | 548.8K | 38.9K | 36.9K | |
Other Current Assets | 88.4K | 43.0K | 309.0K | 598.3K | 272.9K | 244.6K | |
Other Stockholder Equity | 738.8K | 1.3M | 2.3M | 16.8M | 3.5M | 4.6M | |
Total Liab | 1.4M | 2.0M | 3.8M | 11.3M | 8.8M | 5.0M | |
Net Invested Capital | (3.7M) | (5.3M) | 8.0M | 14.5M | 12.7M | 13.3M | |
Property Plant And Equipment Gross | 2.1M | 2.1M | 2.1M | 5.9M | 154.7K | 146.9K | |
Total Current Assets | 2.3M | 875.4K | 8.1M | 2.9M | 4.2M | 3.4M | |
Accumulated Other Comprehensive Income | 164.9K | 119.1K | (33.1K) | (642.7K) | (229.5K) | (218.0K) | |
Capital Stock | 10.4M | 12.4M | 25.6M | 27.1M | 49.8M | 52.3M | |
Net Working Capital | 928.8K | (1.1M) | 5.8M | (2.4M) | (1.8M) | (1.7M) | |
Common Stock | 3.7M | 5.7M | 25.6M | 27.1M | 49.8M | 52.3M | |
Property Plant Equipment | 2.1M | 2.1M | 2.1M | 3.8M | 4.3M | 2.2M |
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When determining whether AgriFORCE Growing Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AgriFORCE Growing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agriforce Growing Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agriforce Growing Systems Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AgriFORCE Growing Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AgriFORCE Growing. If investors know AgriFORCE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AgriFORCE Growing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.78) | Revenue Per Share 0.005 | Return On Assets (0.21) | Return On Equity (1.62) |
The market value of AgriFORCE Growing Systems is measured differently than its book value, which is the value of AgriFORCE that is recorded on the company's balance sheet. Investors also form their own opinion of AgriFORCE Growing's value that differs from its market value or its book value, called intrinsic value, which is AgriFORCE Growing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AgriFORCE Growing's market value can be influenced by many factors that don't directly affect AgriFORCE Growing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AgriFORCE Growing's value and its price as these two are different measures arrived at by different means. Investors typically determine if AgriFORCE Growing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AgriFORCE Growing's 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.