Awale Price To Sales Ratio vs Invested Capital 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 Price To Sales Ratio and its Invested Capital 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.

Price To Sales Ratio vs Invested Capital

Price To Sales Ratio vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Awale Resources Price To Sales Ratio account and Invested Capital. At this time, the significance of the direction appears to have totally related.

The correlation between Awale Resources' Price To Sales Ratio and Invested Capital is 1.0. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Invested Capital 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' Price To Sales Ratio and Invested Capital 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 Awale Resources are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Price To Sales Ratio i.e., Awale Resources' Price To Sales Ratio and Invested Capital go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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Price To Sales Ratio

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

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Awale Resources. There are two different methods for calculating Awale Resources invested capital: operating approach and financing approach. Understanding Awale Resources invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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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