Awale Free Cash Flow Yield vs Ev To Sales Analysis

ARIC Stock

CAD 0.49 0.01 2.00%

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

Free Cash Flow Yield vs Ev To Sales

Free Cash Flow Yield vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Awale Resources Free Cash Flow Yield account and Ev To Sales. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Awale Resources' Free Cash Flow Yield and Ev To Sales is 0.42. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Awale Resources, assuming nothing else is changed. The correlation between historical values of Awale Resources' Free Cash Flow Yield and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Awale Resources are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Free Cash Flow Yield i.e., Awale Resources' Free Cash Flow Yield and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

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

Selling General Administrative is likely to drop to about 698.6 K in 2024. Issuance Of Capital Stock is likely to drop to about 2.3 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	28.5K	16.1K	14.5K	23.9K
Interest Income	21.0	6.0K	7.2K	7.6K

Depreciation And Amortization Interest Income

Awale Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Other Liab	Property Plant And Equipment Net	Other Assets	Net Invested Capital	Net Working Capital	Intangible Assets	Property Plant Equipment	Capital Stock	Short Long Term Debt Total	Capital Lease Obligations
Total Assets		0.76	0.99	0.98	-0.23	-0.49	0.76	0.31	0.24	0.47	0.46	0.79	0.74	0.36	0.81	0.04	-0.23	0.92	0.84	0.86	-0.82	0.71	0.92	0.69	0.75	-0.71
Total Current Liabilities	0.76		0.68	0.66	-0.12	-0.8	0.99	0.23	0.13	0.72	0.63	0.88	0.92	0.33	0.88	0.45	-0.28	0.64	0.86	0.45	-0.88	0.73	0.65	0.87	0.8	-0.84
Total Stockholder Equity	0.99	0.68		1.0	-0.17	-0.42	0.69	0.24	0.18	0.39	0.42	0.73	0.63	0.29	0.77	-0.04	-0.21	0.94	0.82	0.91	-0.79	0.69	0.95	0.64	0.72	-0.66
Net Tangible Assets	0.98	0.66	1.0		-0.18	-0.37	0.65	0.22	0.19	0.34	0.35	0.69	0.61	0.26	0.73	-0.09	-0.17	0.95	0.78	0.92	-0.78	0.63	0.95	0.59	0.68	-0.63
Net Debt	-0.23	-0.12	-0.17	-0.18		-0.18	-0.04	-0.96	-1.0	-0.27	0.17	-0.1	-0.46	-0.92	-0.01	0.2	-0.12	0.1	0.14	0.04	-0.16	0.12	0.1	0.15	0.2	-0.23
Retained Earnings	-0.49	-0.8	-0.42	-0.37	-0.18		-0.81	-0.03	0.19	-0.84	-0.94	-0.89	-0.67	-0.15	-0.9	-0.8	0.72	-0.42	-0.77	-0.25	0.73	-0.83	-0.46	-0.92	-0.78	0.88
Accounts Payable	0.76	0.99	0.69	0.65	-0.04	-0.81		0.17	0.05	0.72	0.66	0.86	0.87	0.28	0.88	0.44	-0.3	0.65	0.9	0.48	-0.88	0.78	0.67	0.9	0.83	-0.85
Cash	0.31	0.23	0.24	0.22	-0.96	-0.03	0.17		0.96	0.45	0.07	0.28	0.54	0.99	0.19	-0.01	-0.09	-0.04	0.01	0.0	0.08	0.1	-0.04	0.04	-0.03	0.07
Cash And Short Term Investments	0.24	0.13	0.18	0.19	-1.0	0.19	0.05	0.96		0.26	-0.19	0.1	0.46	0.92	0.01	-0.22	0.14	-0.09	-0.14	-0.04	0.15	-0.12	-0.1	-0.16	-0.2	0.23
Net Receivables	0.47	0.72	0.39	0.34	-0.27	-0.84	0.72	0.45	0.26		0.81	0.79	0.72	0.55	0.82	0.63	-0.67	0.26	0.59	0.14	-0.52	0.72	0.29	0.76	0.5	-0.59
Common Stock Shares Outstanding	0.46	0.63	0.42	0.35	0.17	-0.94	0.66	0.07	-0.19	0.81		0.85	0.53	0.18	0.86	0.81	-0.89	0.42	0.69	0.31	-0.58	0.84	0.47	0.85	0.77	-0.82
Other Stockholder Equity	0.79	0.88	0.73	0.69	-0.1	-0.89	0.86	0.28	0.1	0.79	0.85		0.85	0.37	0.97	0.6	-0.63	0.68	0.86	0.54	-0.82	0.85	0.71	0.9	0.86	-0.91
Total Liab	0.74	0.92	0.63	0.61	-0.46	-0.67	0.87	0.54	0.46	0.72	0.53	0.85		0.61	0.78	0.41	-0.25	0.51	0.69	0.35	-0.71	0.58	0.52	0.72	0.66	-0.71
Total Current Assets	0.36	0.33	0.29	0.26	-0.92	-0.15	0.28	0.99	0.92	0.55	0.18	0.37	0.61		0.29	0.07	-0.15	0.0	0.12	0.02	-0.02	0.22	0.02	0.17	0.06	-0.03
Common Stock	0.81	0.88	0.77	0.73	-0.01	-0.9	0.88	0.19	0.01	0.82	0.86	0.97	0.78	0.29		0.54	-0.63	0.73	0.91	0.59	-0.87	0.91	0.75	0.94	0.85	-0.9
Other Current Liab	0.04	0.45	-0.04	-0.09	0.2	-0.8	0.44	-0.01	-0.22	0.63	0.81	0.6	0.41	0.07	0.54		-0.73	0.03	0.3	-0.09	-0.24	0.42	0.08	0.64	0.54	-0.66
Other Liab	-0.23	-0.28	-0.21	-0.17	-0.12	0.72	-0.3	-0.09	0.14	-0.67	-0.89	-0.63	-0.25	-0.15	-0.63	-0.73		-0.23	-0.35	-0.2	0.26	-0.58	-0.27	-0.54	-0.51	0.56
Property Plant And Equipment Net	0.92	0.64	0.94	0.95	0.1	-0.42	0.65	-0.04	-0.09	0.26	0.42	0.68	0.51	0.0	0.73	0.03	-0.23		0.8	0.96	-0.8	0.62	1.0	0.65	0.78	-0.73
Other Assets	0.84	0.86	0.82	0.78	0.14	-0.77	0.9	0.01	-0.14	0.59	0.69	0.86	0.69	0.12	0.91	0.3	-0.35	0.8		0.65	-0.94	0.92	0.82	0.89	0.86	-0.86
Net Invested Capital	0.86	0.45	0.91	0.92	0.04	-0.25	0.48	0.0	-0.04	0.14	0.31	0.54	0.35	0.02	0.59	-0.09	-0.2	0.96	0.65		-0.63	0.52	0.96	0.5	0.67	-0.58
Net Working Capital	-0.82	-0.88	-0.79	-0.78	-0.16	0.73	-0.88	0.08	0.15	-0.52	-0.58	-0.82	-0.71	-0.02	-0.87	-0.24	0.26	-0.8	-0.94	-0.63		-0.78	-0.81	-0.82	-0.8	0.84
Intangible Assets	0.71	0.73	0.69	0.63	0.12	-0.83	0.78	0.1	-0.12	0.72	0.84	0.85	0.58	0.22	0.91	0.42	-0.58	0.62	0.92	0.52	-0.78		0.66	0.89	0.78	-0.78
Property Plant Equipment	0.92	0.65	0.95	0.95	0.1	-0.46	0.67	-0.04	-0.1	0.29	0.47	0.71	0.52	0.02	0.75	0.08	-0.27	1.0	0.82	0.96	-0.81	0.66		0.68	0.81	-0.76
Capital Stock	0.69	0.87	0.64	0.59	0.15	-0.92	0.9	0.04	-0.16	0.76	0.85	0.9	0.72	0.17	0.94	0.64	-0.54	0.65	0.89	0.5	-0.82	0.89	0.68		0.86	-0.92
Short Long Term Debt Total	0.75	0.8	0.72	0.68	0.2	-0.78	0.83	-0.03	-0.2	0.5	0.77	0.86	0.66	0.06	0.85	0.54	-0.51	0.78	0.86	0.67	-0.8	0.78	0.81	0.86		-0.96
Capital Lease Obligations	-0.71	-0.84	-0.66	-0.63	-0.23	0.88	-0.85	0.07	0.23	-0.59	-0.82	-0.91	-0.71	-0.03	-0.9	-0.66	0.56	-0.73	-0.86	-0.58	0.84	-0.78	-0.76	-0.92	-0.96

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Awale Resources Account Relationship Matchups

Awale Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.5M	11.2M	12.4M	5.8M	6.9M	6.9M
Total Current Liabilities	876.3K	1.3M	1.1M	2.2M	1.4M	973.1K
Total Stockholder Equity	7.6M	9.8M	11.2M	3.6M	5.5M	5.8M
Net Tangible Assets	7.6M	9.8M	11.2M	3.6M	4.1M	5.7M
Net Debt	(1.3M)	(610.7K)	(25.3K)	(225.8K)	(259.6K)	(272.6K)
Retained Earnings	(2.2M)	(3.0M)	(4.7M)	(13.2M)	(14.2M)	(13.5M)
Accounts Payable	693.9K	1.0M	694.3K	1.5M	1.1M	665.3K
Cash	1.3M	646.4K	57.0K	255.3K	999.6K	634.3K
Cash And Short Term Investments	1.3M	646.4K	57.0K	255.3K	229.8K	218.3K
Net Receivables	184.9K	17.7K	16.6K	207.7K	238.9K	250.8K
Common Stock Shares Outstanding	6.3M	12.6M	17.6M	28.6M	62.7M	65.8M
Liabilities And Stockholders Equity	8.5M	11.2M	12.4M	5.8M	6.7M	6.8M
Other Stockholder Equity	2.3M	4.2M	5.5M	5.9M	6.8M	7.1M
Total Liab	880.3K	1.4M	1.2M	2.3M	1.4M	1.1M
Total Current Assets	1.5M	760.6K	99.1K	489.8K	1.5M	751.4K
Common Stock	7.4M	7.4M	9.8M	10.8M	12.4M	13.0M
Non Current Assets Total	6.9M	10.4M	12.3M	5.3M	5.4M	6.6M
Non Currrent Assets Other	6.8K	9.2K	8.0K	8.5K	9.8K	6.7K
Accumulated Other Comprehensive Income	2.3M	1.3M	625.9K	36.0K	32.4K	30.7K
Other Current Liab	167.8K	291.3K	440.9K	760.5K	874.6K	918.3K
Property Plant And Equipment Net	6.9M	10.4M	12.3M	5.3M	5.4M	7.5M
Net Invested Capital	7.6M	9.9M	11.2M	3.6M	5.5M	7.3M
Net Working Capital	671.0K	(564.1K)	(1.0M)	(1.7M)	109.3K	114.8K
Property Plant Equipment	6.9M	10.4M	12.3M	5.3M	6.1M	7.8M
Capital Stock	7.4M	7.4M	9.8M	10.8M	12.7M	9.6M

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