ASA Price To Sales Ratio vs Days Of Inventory On Hand Analysis
| ASA Stock | USD 20.00 0.60 3.09% |
ASA Gold financial indicator trend analysis is way more than just evaluating ASA Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ASA Gold is a good investment. Please check the relationship between ASA Gold Price To Sales Ratio and its Days Of Inventory On Hand accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Price To Sales Ratio vs Days Of Inventory On Hand
Price To Sales Ratio vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ASA Gold Price To Sales Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ASA Gold's Price To Sales Ratio and Days Of Inventory On Hand is -0.13. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of ASA Gold and, assuming nothing else is changed. The correlation between historical values of ASA Gold's Price To Sales Ratio and Days Of Inventory On Hand 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 ASA Gold and are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Price To Sales Ratio i.e., ASA Gold's Price To Sales Ratio and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | -0.13 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing ASA Gold stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ASA Gold sales, a figure that is much harder to manipulate than other ASA Gold and 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.Days Of Inventory On Hand
Most indicators from ASA Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ASA Gold 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 ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of December 20, 2024, Selling General Administrative is expected to decline to about 949.8 K. In addition to that, Sales General And Administrative To Revenue is expected to decline to 0.41
| 2023 | 2024 (projected) | Interest Income | 87.4K | 83.0K | Non Recurring | 500.1K | 444.6K |
ASA Gold fundamental ratios Correlations
Click cells to compare fundamentals
ASA Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ASA Gold fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 464.7M | 482.7M | 326.3M | 335.6M | 302.1M | 323.7M | |
| Other Current Liab | 433.6K | 462.3K | 312.4K | 370.6K | 333.5K | 316.8K | |
| Total Current Liabilities | 433.6K | 462.3K | 312.4K | 370.6K | 333.5K | 316.8K | |
| Total Stockholder Equity | 463.9M | 481.9M | 325.6M | 334.9M | 301.4M | 308.9M | |
| Retained Earnings | 443.3M | 461.2M | 304.9M | 314.3M | 361.4M | 274.8M | |
| Cash | 1.3M | 79.9K | 78.5K | 4.8M | 4.3M | 5.5M | |
| Other Assets | 109.1K | 131.0K | 104.2K | 88.6K | 101.8K | 106.9K | |
| Total Liab | 803.4K | 462.3K | 691.6K | 706.5K | 635.9K | 604.1K | |
| Other Liab | 411.3K | 369.8K | 333.5K | 379.2K | 341.3K | 324.3K | |
| Net Debt | (1.3M) | (79.9K) | (78.5K) | (4.8M) | (5.5M) | (5.8M) | |
| Non Current Assets Total | 463.1M | 482.3M | 325.9M | 330.4M | 297.3M | 345.5M | |
| Non Currrent Assets Other | (463.1M) | (482.3M) | (325.9M) | (330.4M) | (379.9M) | (398.9M) | |
| Cash And Short Term Investments | 1.3M | 79.9K | 78.5K | 4.8M | 4.3M | 5.4M | |
| Net Receivables | 177.2K | 236.8K | 183.8K | 328.2K | 295.4K | 237.0K | |
| Liabilities And Stockholders Equity | 464.7M | 482.7M | 326.3M | 335.6M | 302.1M | 351.0M | |
| Non Current Liabilities Total | 803.4K | 795.7K | 691.6K | 336.0K | 302.4K | 287.2K | |
| Total Current Assets | 1.5M | 316.7K | 262.3K | 5.2M | 4.7M | 5.6M | |
| Net Tangible Assets | 285.9M | 463.9M | 481.9M | 325.6M | 293.0M | 299.3M | |
| Long Term Investments | 463.1M | 482.3M | 325.9M | 330.4M | 297.3M | 292.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASA Gold and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASA Gold. If investors know ASA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASA Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.282 | Dividend Share 0.03 | Earnings Share 3.25 | Revenue Per Share 0.104 | Quarterly Revenue Growth (0.44) |
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.