ARHT Ptb Ratio vs Price To Sales Ratio Analysis

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ARHT Media financial indicator trend analysis is way more than just evaluating ARHT Media prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ARHT Media is a good investment. Please check the relationship between ARHT Media 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 ARHT Media. 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.

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 ARHT Media Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between ARHT Media's Ptb Ratio and Price To Sales Ratio is -0.4. 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 ARHT Media, assuming nothing else is changed. The correlation between historical values of ARHT Media'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 ARHT Media 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., ARHT Media's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

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 ARHT Media stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ARHT Media sales, a figure that is much harder to manipulate than other ARHT Media 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 ARHT Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ARHT Media 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 ARHT Media. 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.

Selling General Administrative is likely to drop to about 5.2 M in 2024. Discontinued Operations is likely to drop to about (92.1 K) in 2024

	2023	2024 (projected)
Interest Income	9.8K	8.7K
Reconciled Depreciation	1.4M	1.5M

Interest Income Reconciled Depreciation

ARHT Media fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Total	Inventory	Other Current Assets	Net Tangible Assets	Short Long Term Debt	Short Term Debt	Common Stock	Short Term Investments	Intangible Assets
Total Assets		0.6	0.58	0.94	0.86	-0.46	-0.78	-0.13	0.43	0.86	-0.04	0.45	0.46	0.01	0.81	0.46	0.69	-0.18	0.25	0.92	0.27	0.15	0.15	-0.1	-0.21	-0.3
Other Current Liab	0.6		0.75	0.46	0.38	-0.13	-0.7	-0.32	-0.11	0.38	-0.41	-0.08	0.74	-0.46	0.89	0.52	0.6	-0.35	-0.26	0.82	-0.24	0.41	0.35	-0.51	-0.27	-0.47
Total Current Liabilities	0.58	0.75		0.3	0.29	-0.05	-0.84	0.24	0.13	0.29	0.14	0.17	0.71	0.09	0.63	0.88	0.7	-0.01	0.11	0.68	0.05	0.2	0.21	0.12	-0.23	0.09
Total Stockholder Equity	0.94	0.46	0.3		0.87	-0.6	-0.54	-0.28	0.48	0.87	-0.19	0.49	0.27	-0.14	0.72	0.12	0.54	-0.36	0.24	0.81	0.19	0.13	0.12	-0.22	-0.16	-0.44
Property Plant And Equipment Net	0.86	0.38	0.29	0.87		-0.22	-0.52	-0.2	0.19	1.0	-0.1	0.2	0.0	-0.08	0.64	0.24	0.22	-0.07	0.02	0.71	0.11	0.2	0.18	-0.2	-0.17	-0.28
Net Debt	-0.46	-0.13	-0.05	-0.6	-0.22		0.04	-0.1	-0.87	-0.22	0.19	-0.86	-0.17	0.1	-0.17	0.24	-0.52	0.67	-0.62	-0.29	-0.12	0.28	0.25	-0.04	0.04	0.21
Retained Earnings	-0.78	-0.7	-0.84	-0.54	-0.52	0.04		0.01	-0.11	-0.52	-0.24	-0.15	-0.76	-0.24	-0.8	-0.84	-0.78	-0.2	-0.08	-0.88	-0.38	-0.13	-0.13	-0.07	0.21	0.07
Accounts Payable	-0.13	-0.32	0.24	-0.28	-0.2	-0.1	0.01		0.41	-0.2	0.55	0.45	-0.16	0.64	-0.47	0.34	0.04	0.32	0.52	-0.3	0.31	-0.51	-0.45	0.79	0.04	0.71
Cash	0.43	-0.11	0.13	0.48	0.19	-0.87	-0.11	0.41		0.19	0.26	0.99	0.09	0.36	-0.04	-0.02	0.54	-0.31	0.83	0.18	0.38	-0.39	-0.32	0.46	-0.01	0.18
Non Current Assets Total	0.86	0.38	0.29	0.87	1.0	-0.22	-0.52	-0.2	0.19		-0.1	0.2	0.01	-0.09	0.64	0.24	0.23	-0.08	0.02	0.71	0.11	0.2	0.18	-0.2	-0.17	-0.28
Non Currrent Assets Other	-0.04	-0.41	0.14	-0.19	-0.1	0.19	-0.24	0.55	0.26	-0.1		0.24	-0.03	0.87	-0.34	0.39	0.11	0.63	0.3	-0.14	0.52	-0.39	-0.31	0.86	-0.01	0.72
Cash And Short Term Investments	0.45	-0.08	0.17	0.49	0.2	-0.86	-0.15	0.45	0.99	0.2	0.24		0.11	0.37	-0.01	0.04	0.56	-0.31	0.83	0.2	0.39	-0.39	-0.3	0.47	0.0	0.19
Net Receivables	0.46	0.74	0.71	0.27	0.0	-0.17	-0.76	-0.16	0.09	0.01	-0.03	0.11		0.0	0.7	0.6	0.87	-0.09	0.07	0.7	0.21	0.18	0.17	-0.13	-0.2	-0.28
Common Stock Shares Outstanding	0.01	-0.46	0.09	-0.14	-0.08	0.1	-0.24	0.64	0.36	-0.09	0.87	0.37	0.0		-0.34	0.41	0.21	0.74	0.54	-0.12	0.8	-0.49	-0.4	0.85	0.05	0.65
Other Stockholder Equity	0.81	0.89	0.63	0.72	0.64	-0.17	-0.8	-0.47	-0.04	0.64	-0.34	-0.01	0.7	-0.34		0.47	0.63	-0.24	-0.19	0.96	0.01	0.38	0.34	-0.49	-0.19	-0.55
Total Liab	0.46	0.52	0.88	0.12	0.24	0.24	-0.84	0.34	-0.02	0.24	0.39	0.04	0.6	0.41	0.47		0.58	0.44	0.11	0.55	0.32	0.09	0.11	0.27	-0.18	0.28
Total Current Assets	0.69	0.6	0.7	0.54	0.22	-0.52	-0.78	0.04	0.54	0.23	0.11	0.56	0.87	0.21	0.63	0.58		-0.16	0.47	0.75	0.42	-0.02	0.01	0.1	-0.17	-0.14
Non Current Liabilities Total	-0.18	-0.35	-0.01	-0.36	-0.07	0.67	-0.2	0.32	-0.31	-0.08	0.63	-0.31	-0.09	0.74	-0.24	0.44	-0.16		-0.03	-0.16	0.61	-0.19	-0.18	0.45	0.0	0.45
Inventory	0.25	-0.26	0.11	0.24	0.02	-0.62	-0.08	0.52	0.83	0.02	0.3	0.83	0.07	0.54	-0.19	0.11	0.47	-0.03		0.01	0.52	-0.5	-0.43	0.56	0.14	0.39
Other Current Assets	0.92	0.82	0.68	0.81	0.71	-0.29	-0.88	-0.3	0.18	0.71	-0.14	0.2	0.7	-0.12	0.96	0.55	0.75	-0.16	0.01		0.2	0.25	0.23	-0.29	-0.26	-0.43
Net Tangible Assets	0.27	-0.24	0.05	0.19	0.11	-0.12	-0.38	0.31	0.38	0.11	0.52	0.39	0.21	0.8	0.01	0.32	0.42	0.61	0.52	0.2		-0.51	-0.46	0.52	0.09	0.25
Short Long Term Debt	0.15	0.41	0.2	0.13	0.2	0.28	-0.13	-0.51	-0.39	0.2	-0.39	-0.39	0.18	-0.49	0.38	0.09	-0.02	-0.19	-0.5	0.25	-0.51		0.99	-0.59	-0.36	-0.52
Short Term Debt	0.15	0.35	0.21	0.12	0.18	0.25	-0.13	-0.45	-0.32	0.18	-0.31	-0.3	0.17	-0.4	0.34	0.11	0.01	-0.18	-0.43	0.23	-0.46	0.99		-0.49	-0.34	-0.45
Common Stock	-0.1	-0.51	0.12	-0.22	-0.2	-0.04	-0.07	0.79	0.46	-0.2	0.86	0.47	-0.13	0.85	-0.49	0.27	0.1	0.45	0.56	-0.29	0.52	-0.59	-0.49		0.15	0.81
Short Term Investments	-0.21	-0.27	-0.23	-0.16	-0.17	0.04	0.21	0.04	-0.01	-0.17	-0.01	0.0	-0.2	0.05	-0.19	-0.18	-0.17	0.0	0.14	-0.26	0.09	-0.36	-0.34	0.15		0.46
Intangible Assets	-0.3	-0.47	0.09	-0.44	-0.28	0.21	0.07	0.71	0.18	-0.28	0.72	0.19	-0.28	0.65	-0.55	0.28	-0.14	0.45	0.39	-0.43	0.25	-0.52	-0.45	0.81	0.46

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ARHT Media Account Relationship Matchups

ARHT Media fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8M	2.3M	6.7M	11.3M	3.5M	3.3M
Other Current Liab	268.0K	172.6K	497.3K	169.8K	152.8K	145.2K
Total Current Liabilities	2.0M	3.4M	2.8M	3.5M	4.0M	2.4M
Total Stockholder Equity	(631.1K)	(1.5M)	3.7M	7.8M	(2.6M)	(2.5M)
Retained Earnings	(34.1M)	(35.5M)	(40.4M)	(47.5M)	(58.7M)	(55.8M)
Accounts Payable	1.3M	844.8K	2.1M	2.8M	2.9M	1.5M
Cash	213.2K	486.9K	3.1M	4.2M	116.8K	110.9K
Net Receivables	623.5K	761.0K	1.5M	2.5M	1.0M	1.2M
Other Stockholder Equity	3.4M	4.2M	2.1M	4.4M	3.9M	3.7M
Total Liab	2.4M	3.8M	3.0M	3.5M	6.1M	6.4M
Total Current Assets	1.0M	1.8M	5.8M	8.8M	1.7M	3.2M
Other Current Assets	173.8K	(1.0)	515.6K	562.1K	206.2K	366.5K
Net Tangible Assets	(570.2K)	(631.1K)	(1.5M)	3.7M	4.2M	4.5M
Common Stock	29.3M	31.9M	39.7M	48.4M	48.4M	26.2M
Property Plant Equipment	174.0K	793.1K	556.3K	929.7K	1.1M	1.1M

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