Apollo Ptb Ratio vs Price To Sales Ratio Analysis

APGO Stock  CAD 0.22  0.01  4.76%   
Apollo Silver financial indicator trend analysis is way more than just evaluating Apollo Silver Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apollo Silver Corp is a good investment. Please check the relationship between Apollo Silver Ptb Ratio and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Silver 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 persons.

Ptb Ratio vs Price To Sales Ratio

Ptb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apollo Silver Corp Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Apollo Silver's Ptb Ratio and Price To Sales Ratio is 0.08. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Apollo Silver Corp, assuming nothing else is changed. The correlation between historical values of Apollo Silver's Ptb Ratio 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 Ptb Ratio of Apollo Silver Corp 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 Ptb Ratio i.e., Apollo Silver's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Apollo Silver Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Apollo Silver sales, a figure that is much harder to manipulate than other Apollo Silver Corp 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 Apollo Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apollo Silver 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Silver 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 persons.
At this time, Apollo Silver's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 19.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (6.38) in 2024.

Apollo Silver fundamental ratios Correlations

0.711.0-0.90.050.230.881.00.880.60.380.990.890.52-0.070.711.0-0.120.71-0.110.80.550.00.110.540.54
0.710.72-0.47-0.070.460.470.740.470.060.450.70.460.44-0.10.990.74-0.140.06-0.140.180.860.050.050.440.44
1.00.72-0.90.060.220.881.00.880.60.380.990.880.52-0.070.711.0-0.120.71-0.110.80.550.00.120.540.54
-0.9-0.47-0.90.13-0.28-1.0-0.86-1.0-0.69-0.48-0.9-1.0-0.620.14-0.49-0.860.15-0.780.15-0.88-0.280.070.02-0.64-0.64
0.05-0.070.060.13-0.9-0.20.09-0.20.2-0.88-0.01-0.19-0.810.32-0.140.090.180.110.220.05-0.030.10.68-0.8-0.8
0.230.460.22-0.28-0.90.350.210.35-0.170.970.270.330.9-0.280.540.2-0.18-0.09-0.220.010.41-0.03-0.690.890.89
0.880.470.88-1.0-0.20.350.841.00.660.550.891.00.68-0.160.50.84-0.160.77-0.160.870.29-0.07-0.110.70.7
1.00.741.0-0.860.090.210.840.840.570.350.990.850.48-0.050.731.0-0.110.68-0.10.770.590.010.140.50.5
0.880.470.88-1.0-0.20.351.00.840.660.550.891.00.68-0.160.50.84-0.160.77-0.160.870.29-0.07-0.110.70.7
0.60.060.6-0.690.2-0.170.660.570.660.010.590.680.18-0.130.070.57-0.170.69-0.160.730.21-0.180.180.20.2
0.380.450.38-0.48-0.880.970.550.350.550.010.420.530.97-0.310.530.35-0.210.13-0.250.230.35-0.07-0.670.970.97
0.990.70.99-0.9-0.010.270.890.990.890.590.420.890.57-0.110.690.99-0.150.72-0.150.820.51-0.040.080.580.58
0.890.460.88-1.0-0.190.331.00.851.00.680.530.890.67-0.160.490.85-0.160.78-0.160.880.28-0.08-0.10.690.69
0.520.440.52-0.62-0.810.90.680.480.680.180.970.570.67-0.310.510.48-0.210.33-0.250.430.33-0.09-0.611.01.0
-0.07-0.1-0.070.140.32-0.28-0.16-0.05-0.16-0.13-0.31-0.11-0.16-0.31-0.09-0.040.990.230.990.08-0.010.970.21-0.28-0.28
0.710.990.71-0.49-0.140.540.50.730.50.070.530.690.490.51-0.090.73-0.120.07-0.120.190.870.07-0.070.510.51
1.00.741.0-0.860.090.20.841.00.840.570.350.990.850.48-0.040.73-0.10.69-0.090.770.590.020.150.50.5
-0.12-0.14-0.120.150.18-0.18-0.16-0.11-0.16-0.17-0.21-0.15-0.16-0.210.99-0.12-0.10.221.00.06-0.050.980.09-0.19-0.19
0.710.060.71-0.780.11-0.090.770.680.770.690.130.720.780.330.230.070.690.220.220.98-0.040.210.10.370.37
-0.11-0.14-0.110.150.22-0.22-0.16-0.1-0.16-0.16-0.25-0.15-0.16-0.250.99-0.12-0.091.00.220.06-0.050.980.15-0.22-0.22
0.80.180.8-0.880.050.010.870.770.870.730.230.820.880.430.080.190.770.060.980.060.040.080.060.460.46
0.550.860.55-0.28-0.030.410.290.590.290.210.350.510.280.33-0.010.870.59-0.05-0.04-0.050.040.120.00.320.32
0.00.050.00.070.1-0.03-0.070.01-0.07-0.18-0.07-0.04-0.08-0.090.970.070.020.980.210.980.080.120.06-0.06-0.06
0.110.050.120.020.68-0.69-0.110.14-0.110.18-0.670.08-0.1-0.610.21-0.070.150.090.10.150.060.00.06-0.6-0.6
0.540.440.54-0.64-0.80.890.70.50.70.20.970.580.691.0-0.280.510.5-0.190.37-0.220.460.32-0.06-0.61.0
0.540.440.54-0.64-0.80.890.70.50.70.20.970.580.691.0-0.280.510.5-0.190.37-0.220.460.32-0.06-0.61.0
Click cells to compare fundamentals

Apollo Silver Account Relationship Matchups

Apollo Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3M95.2M92.9M3.9M4.5M4.3M
Total Current Liabilities147.5K282.3K2.2M262.4K236.1K224.3K
Total Stockholder Equity6.2M92.5M90.4M3.5M4.1M3.9M
Net Debt(6.1M)(15.5M)(9.1M)(3.4M)(3.1M)(2.9M)
Retained Earnings(8.7M)(11.4M)(22.0M)(103.0M)(92.7M)(88.1M)
Accounts Payable187.7K108.3K237.6K2.1M2.4M2.6M
Cash6.1M15.7M9.4M3.6M4.1M4.3M
Non Current Assets Total109.7K78.3M83.3M266.5K306.4K291.1K
Cash And Short Term Investments6.1M15.7M9.4M3.6M4.1M4.3M
Net Receivables22.0K53.7K13.8K5.1K4.6K4.4K
Common Stock Shares Outstanding37.6M96.0M170.4M174.5M200.6M210.7M
Liabilities And Stockholders Equity6.3M95.2M92.9M3.9M4.5M4.3M
Total Liab147.5K2.7M2.5M365.5K329.0K312.5K
Total Current Assets6.2M16.9M9.6M3.6M4.2M4.4M
Other Current Liab147.5K250.8K2.1M209.9K241.3K403.8K
Property Plant And Equipment Net109.7K78.3M83.3M266.5K306.4K291.1K
Other Current Assets90.3K1.1M239.6K73.0K84.0K79.8K
Other Stockholder Equity447.1K442.4K10.8M1.1M1.3M2.1M
Accumulated Other Comprehensive Income1.3M4.8M10.8M3.8M4.4M2.4M
Net Tangible Assets(196.0K)6.2M92.5M90.4M104.0M109.2M
Net Invested Capital(196.0K)6.2M92.5M90.4M104.0M109.2M
Net Working Capital(196.8K)6.1M16.6M7.4M8.5M5.5M
Property Plant Equipment815.0109.7K78.3M83.3M95.8M100.6M

Thematic Opportunities

Explore Investment Opportunities

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.
Explore Investing Ideas  

Additional Tools for Apollo Stock Analysis

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