Alvopetro Price To Sales Ratio vs Dividend Yield Analysis

ALV Stock

CAD 4.36 0.03 0.69%

Alvopetro Energy financial indicator trend analysis is way more than just evaluating Alvopetro Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alvopetro Energy is a good investment. Please check the relationship between Alvopetro Energy Price To Sales Ratio and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alvopetro Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Price To Sales Ratio vs Dividend Yield

Price To Sales Ratio vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alvopetro Energy Price To Sales Ratio account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Alvopetro Energy's Price To Sales Ratio and Dividend Yield is -0.26. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Alvopetro Energy, assuming nothing else is changed. The correlation between historical values of Alvopetro Energy's Price To Sales Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Alvopetro Energy are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Price To Sales Ratio i.e., Alvopetro Energy's Price To Sales Ratio and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Alvopetro Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Alvopetro Energy sales, a figure that is much harder to manipulate than other Alvopetro Energy 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.

Dividend Yield

Dividend Yield is Alvopetro Energy dividend as a percentage of Alvopetro Energy stock price. Alvopetro Energy dividend yield is a measure of Alvopetro Energy stock productivity, which can be interpreted as interest rate earned on an Alvopetro Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Most indicators from Alvopetro Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alvopetro Energy 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 Alvopetro Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Alvopetro Energy's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 4.43 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 418.9 K in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	5.2M	5.9M	5.7M	4.8M
Cost Of Revenue	14.8M	15.0M	13.5M	14.2M

Total Operating Expenses Cost Of Revenue

Alvopetro Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Current Assets	Common Stock	Property Plant Equipment	Other Assets	Inventory	Non Current Liabilities Other
Total Assets		0.47	0.36	0.96	0.5	-0.8	0.89	0.46	-0.07	0.89	0.18	0.16	0.24	0.06	0.4	0.92	0.07	0.02	0.18	0.48	0.33	-0.16	0.34	0.12	0.13	-0.17
Other Current Liab	0.47		0.71	0.38	0.72	-0.11	0.17	0.77	-0.25	0.17	0.23	0.35	0.24	0.11	0.56	0.21	-0.16	-0.32	-0.03	0.69	0.5	-0.19	0.74	-0.13	0.27	-0.22
Total Current Liabilities	0.36	0.71		0.23	0.82	0.06	0.06	0.83	-0.28	0.06	0.82	0.79	0.36	-0.04	0.72	0.14	-0.5	-0.48	0.49	0.8	0.11	-0.8	0.84	-0.27	0.68	0.01
Total Stockholder Equity	0.96	0.38	0.23		0.39	-0.9	0.94	0.31	0.01	0.94	0.04	-0.04	0.02	0.18	0.17	0.95	0.11	0.06	0.09	0.32	0.37	-0.04	0.18	0.05	0.05	-0.08
Property Plant And Equipment Net	0.5	0.72	0.82	0.39		0.02	0.11	0.96	-0.14	0.11	0.64	0.72	0.48	0.06	0.75	0.18	-0.58	-0.69	0.09	0.63	0.18	-0.53	0.93	-0.44	0.72	0.11
Net Debt	-0.8	-0.11	0.06	-0.9	0.02		-0.97	0.09	-0.07	-0.97	0.2	0.36	0.25	-0.13	0.2	-0.95	-0.4	-0.41	-0.14	-0.07	-0.28	-0.15	0.19	-0.27	0.2	0.08
Cash	0.89	0.17	0.06	0.94	0.11	-0.97		0.05	0.0	1.0	-0.06	-0.17	-0.01	0.04	0.03	0.99	0.28	0.29	0.17	0.15	0.24	0.04	-0.07	0.25	-0.12	-0.13
Non Current Assets Total	0.46	0.77	0.83	0.31	0.96	0.09	0.05		-0.18	0.05	0.63	0.72	0.56	0.04	0.82	0.13	-0.43	-0.58	0.16	0.76	0.26	-0.52	0.97	-0.24	0.66	0.02
Non Currrent Assets Other	-0.07	-0.25	-0.28	0.01	-0.14	-0.07	0.0	-0.18		0.0	-0.28	-0.28	-0.18	-0.32	-0.26	-0.03	0.27	-0.01	-0.29	-0.23	0.07	0.28	-0.21	-0.02	-0.11	0.84
Cash And Short Term Investments	0.89	0.17	0.06	0.94	0.11	-0.97	1.0	0.05	0.0		-0.06	-0.17	-0.01	0.04	0.03	0.99	0.28	0.29	0.17	0.15	0.24	0.04	-0.07	0.25	-0.12	-0.13
Net Receivables	0.18	0.23	0.82	0.04	0.64	0.2	-0.06	0.63	-0.28	-0.06		0.91	0.47	-0.17	0.68	0.03	-0.61	-0.44	0.67	0.58	-0.27	-0.94	0.67	-0.27	0.76	0.09
Common Stock Shares Outstanding	0.16	0.35	0.79	-0.04	0.72	0.36	-0.17	0.72	-0.28	-0.17	0.91		0.68	-0.33	0.86	-0.08	-0.68	-0.57	0.44	0.55	-0.3	-0.81	0.75	-0.31	0.73	-0.01
Non Current Liabilities Total	0.24	0.24	0.36	0.02	0.48	0.25	-0.01	0.56	-0.18	-0.01	0.47	0.68		-0.4	0.88	0.04	-0.33	-0.41	0.04	0.34	-0.11	-0.32	0.48	0.05	0.25	-0.15
Other Stockholder Equity	0.06	0.11	-0.04	0.18	0.06	-0.13	0.04	0.04	-0.32	0.04	-0.17	-0.33	-0.4		-0.28	0.05	-0.1	-0.12	-0.19	0.11	0.58	0.09	-0.05	-0.28	-0.15	-0.23
Total Liab	0.4	0.56	0.72	0.17	0.75	0.2	0.03	0.82	-0.26	0.03	0.68	0.86	0.88	-0.28		0.11	-0.46	-0.51	0.22	0.68	0.01	-0.58	0.77	-0.1	0.47	-0.17
Total Current Assets	0.92	0.21	0.14	0.95	0.18	-0.95	0.99	0.13	-0.03	0.99	0.03	-0.08	0.04	0.05	0.11		0.22	0.24	0.22	0.23	0.25	-0.04	0.0	0.21	-0.06	-0.14
Other Liab	0.07	-0.16	-0.5	0.11	-0.58	-0.4	0.28	-0.43	0.27	0.28	-0.61	-0.68	-0.33	-0.1	-0.46	0.22		0.89	0.05	-0.07	0.24	0.55	-0.42	0.86	-0.54	-0.11
Net Tangible Assets	0.02	-0.32	-0.48	0.06	-0.69	-0.41	0.29	-0.58	-0.01	0.29	-0.44	-0.57	-0.41	-0.12	-0.51	0.24	0.89		0.32	-0.13	-0.01	0.37	-0.51	0.85	-0.46	-0.31
Retained Earnings	0.18	-0.03	0.49	0.09	0.09	-0.14	0.17	0.16	-0.29	0.17	0.67	0.44	0.04	-0.19	0.22	0.22	0.05	0.32		0.5	-0.25	-0.74	0.24	0.34	0.46	-0.12
Accounts Payable	0.48	0.69	0.8	0.32	0.63	-0.07	0.15	0.76	-0.23	0.15	0.58	0.55	0.34	0.11	0.68	0.23	-0.07	-0.13	0.5		0.41	-0.61	0.72	0.13	0.35	-0.2
Other Current Assets	0.33	0.5	0.11	0.37	0.18	-0.28	0.24	0.26	0.07	0.24	-0.27	-0.3	-0.11	0.58	0.01	0.25	0.24	-0.01	-0.25	0.41		0.25	0.12	0.0	-0.24	-0.07
Common Stock	-0.16	-0.19	-0.8	-0.04	-0.53	-0.15	0.04	-0.52	0.28	0.04	-0.94	-0.81	-0.32	0.09	-0.58	-0.04	0.55	0.37	-0.74	-0.61	0.25		-0.54	0.24	-0.69	-0.06
Property Plant Equipment	0.34	0.74	0.84	0.18	0.93	0.19	-0.07	0.97	-0.21	-0.07	0.67	0.75	0.48	-0.05	0.77	0.0	-0.42	-0.51	0.24	0.72	0.12	-0.54		-0.2	0.74	0.02
Other Assets	0.12	-0.13	-0.27	0.05	-0.44	-0.27	0.25	-0.24	-0.02	0.25	-0.27	-0.31	0.05	-0.28	-0.1	0.21	0.86	0.85	0.34	0.13	0.0	0.24	-0.2		-0.35	-0.33
Inventory	0.13	0.27	0.68	0.05	0.72	0.2	-0.12	0.66	-0.11	-0.12	0.76	0.73	0.25	-0.15	0.47	-0.06	-0.54	-0.46	0.46	0.35	-0.24	-0.69	0.74	-0.35		0.31
Non Current Liabilities Other	-0.17	-0.22	0.01	-0.08	0.11	0.08	-0.13	0.02	0.84	-0.13	0.09	-0.01	-0.15	-0.23	-0.17	-0.14	-0.11	-0.31	-0.12	-0.2	-0.07	-0.06	0.02	-0.33	0.31

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Alvopetro Energy Account Relationship Matchups

Alvopetro Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	71.4M	80.4M	81.2M	98.4M	109.8M	71.1M
Other Current Liab	9.1M	2.5M	2.1M	4.5M	5.3M	3.7M
Total Current Liabilities	9.2M	2.9M	8.1M	12.9M	12.9M	13.5M
Total Stockholder Equity	55.9M	53.1M	58.6M	76.4M	88.2M	60.3M
Property Plant And Equipment Net	67.2M	66.2M	59.6M	67.3M	81.8M	67.5M
Net Debt	4.0M	18.6M	3.1M	(10.4M)	(9.6M)	(10.1M)
Cash	1.2M	5.2M	11.5M	19.8M	18.3M	17.4M
Non Current Assets Total	69.0M	71.9M	64.0M	70.8M	83.8M	70.6M
Non Currrent Assets Other	57.4M	1.8M	1.1M	491K	564.7K	536.4K
Cash And Short Term Investments	1.2M	5.2M	11.5M	19.8M	18.3M	17.4M
Net Receivables	265K	2.8M	4.2M	7.2M	6.9M	7.2M
Common Stock Shares Outstanding	32.2M	35.1M	34.9M	36.9M	37.8M	34.5M
Liabilities And Stockholders Equity	71.4M	80.4M	81.2M	98.4M	109.8M	71.1M
Non Current Liabilities Total	6.4M	24.3M	14.5M	9.1M	8.7M	8.0M
Other Stockholder Equity	2.8M	2.8M	51.6M	51.4M	52.2M	54.2M
Total Liab	15.5M	27.3M	22.6M	22.0M	21.6M	13.9M
Total Current Assets	2.5M	8.5M	17.2M	27.6M	26.0M	19.8M
Other Liab	1.3M	1.1M	507K	517K	465.3K	442.0K
Net Tangible Assets	55.9M	53.1M	57.8M	76.4M	68.8M	62.3M
Retained Earnings	(76.9M)	(71.2M)	9K	25.5M	33.6M	35.2M
Accounts Payable	3.2M	2.4M	5.5M	7.6M	6.7M	4.2M
Other Current Assets	602K	253K	175K	296K	266.4K	253.1K
Accumulated Other Comprehensive Income	(26.4M)	(35.3M)	(32.4M)	(43.4M)	(41.1M)	(39.0M)
Common Stock	156.4M	156.8M	39.5M	42.9M	43.5M	41.3M
Property Plant Equipment	67.2M	66.2M	59.6M	67.3M	77.4M	67.3M
Net Invested Capital	60.9M	68.5M	65.2M	76.4M	88.2M	76.4M
Net Working Capital	(6.7M)	5.5M	9.1M	14.7M	13.1M	8.1M
Capital Stock	156.4M	156.8M	39.5M	42.9M	43.5M	79.3M

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