Arrow Price To Sales Ratio vs Capex To Revenue Analysis

AXL Stock

CAD 0.41 0.01 2.38%

Arrow Exploration financial indicator trend analysis is way more than just evaluating Arrow Exploration Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arrow Exploration Corp is a good investment. Please check the relationship between Arrow Exploration Price To Sales Ratio and its Capex To Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow Exploration 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 board of governors.

Price To Sales Ratio vs Capex To Revenue

Price To Sales Ratio vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrow Exploration Corp Price To Sales Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have weak relationship.

The correlation between Arrow Exploration's Price To Sales Ratio and Capex To Revenue is 0.35. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Arrow Exploration Corp, assuming nothing else is changed. The correlation between historical values of Arrow Exploration's Price To Sales Ratio and Capex To Revenue 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 Arrow Exploration Corp are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Price To Sales Ratio i.e., Arrow Exploration's Price To Sales Ratio and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Price To Sales Ratio

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

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most indicators from Arrow Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arrow Exploration 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 Arrow Exploration 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 board of governors.

At this time, Arrow Exploration's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 4.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 4.9 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.6M	5.5M	6.4M	6.7M
Cost Of Revenue	2.3M	8.7M	18.1M	19.0M

Depreciation And Amortization Cost Of Revenue

Arrow Exploration fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	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	Non Current Assets Total	Property Plant And Equipment Net	Other Assets	Non Current Liabilities Total	Non Currrent Assets Other	Other Current Liab	Non Current Liabilities Other	Net Tangible Assets	Net Invested Capital	Net Working Capital	Common Stock	Short Long Term Debt Total	Other Liab
Total Assets		0.81	0.96	-0.08	-0.18	0.78	0.34	0.39	0.72	0.61	-0.37	0.92	0.64	0.96	0.89	0.26	0.75	0.58	0.37	0.01	0.86	0.87	-0.19	0.76	-0.38	0.08
Total Current Liabilities	0.81		0.67	-0.26	-0.34	0.78	0.53	0.54	0.74	0.61	-0.39	0.9	0.74	0.68	0.64	0.09	0.47	0.51	0.56	-0.27	0.64	0.62	-0.32	0.72	-0.34	-0.3
Total Stockholder Equity	0.96	0.67		-0.07	-0.04	0.66	0.28	0.34	0.64	0.52	-0.22	0.79	0.58	0.94	0.86	0.29	0.65	0.56	0.28	0.15	0.79	0.81	-0.12	0.61	-0.35	0.16
Net Debt	-0.08	-0.26	-0.07		0.24	0.25	-0.94	-0.92	0.05	-0.23	-0.37	-0.08	-0.76	0.19	0.25	-0.29	0.23	0.31	-0.05	0.53	0.35	0.34	-0.46	0.08	0.4	0.08
Retained Earnings	-0.18	-0.34	-0.04	0.24		-0.38	-0.39	-0.43	0.05	-0.64	0.19	-0.36	-0.43	-0.05	0.05	-0.52	-0.23	0.32	-0.15	0.51	-0.19	-0.18	-0.38	-0.59	0.56	0.35
Accounts Payable	0.78	0.78	0.66	0.25	-0.38		0.07	0.14	0.59	0.61	-0.67	0.84	0.41	0.78	0.71	0.13	0.63	0.47	0.4	-0.07	0.86	0.86	-0.29	0.86	-0.26	-0.37
Cash	0.34	0.53	0.28	-0.94	-0.39	0.07		0.99	0.19	0.39	0.16	0.39	0.91	0.06	-0.01	0.29	0.04	-0.14	0.18	-0.58	-0.06	-0.06	0.35	0.22	-0.43	-0.2
Cash And Short Term Investments	0.39	0.54	0.34	-0.92	-0.43	0.14	0.99		0.17	0.49	0.1	0.41	0.94	0.11	0.01	0.37	0.06	-0.17	0.19	-0.59	-0.01	0.01	0.43	0.28	-0.52	-0.21
Net Receivables	0.72	0.74	0.64	0.05	0.05	0.59	0.19	0.17		0.18	-0.24	0.74	0.42	0.7	0.75	-0.37	0.53	0.61	0.5	0.07	0.57	0.55	-0.48	0.48	0.12	-0.05
Common Stock Shares Outstanding	0.61	0.61	0.52	-0.23	-0.64	0.61	0.39	0.49	0.18		-0.54	0.66	0.62	0.49	0.34	0.69	0.45	-0.03	0.2	-0.49	0.57	0.59	0.32	0.79	-0.9	-0.04
Other Stockholder Equity	-0.37	-0.39	-0.22	-0.37	0.19	-0.67	0.16	0.1	-0.24	-0.54		-0.54	-0.07	-0.41	-0.35	-0.16	-0.54	-0.29	-0.12	0.35	-0.66	-0.64	0.09	-0.74	0.35	0.11
Total Liab	0.92	0.9	0.79	-0.08	-0.36	0.84	0.39	0.41	0.74	0.66	-0.54		0.64	0.86	0.81	0.19	0.79	0.54	0.46	-0.19	0.86	0.84	-0.27	0.88	-0.38	-0.06
Total Current Assets	0.64	0.74	0.58	-0.76	-0.43	0.41	0.91	0.94	0.42	0.62	-0.07	0.64		0.39	0.28	0.34	0.25	0.05	0.33	-0.49	0.27	0.29	0.29	0.49	-0.56	-0.22
Non Current Assets Total	0.96	0.68	0.94	0.19	-0.05	0.78	0.06	0.11	0.7	0.49	-0.41	0.86	0.39		0.96	0.18	0.81	0.68	0.32	0.2	0.93	0.93	-0.34	0.73	-0.24	0.18
Property Plant And Equipment Net	0.89	0.64	0.86	0.25	0.05	0.71	-0.01	0.01	0.75	0.34	-0.35	0.81	0.28	0.96		0.04	0.8	0.72	0.33	0.28	0.88	0.88	-0.49	0.65	-0.08	0.26
Other Assets	0.26	0.09	0.29	-0.29	-0.52	0.13	0.29	0.37	-0.37	0.69	-0.16	0.19	0.34	0.18	0.04		0.2	-0.23	-0.35	-0.37	0.24	0.26	0.53	0.4	-0.86	0.22
Non Current Liabilities Total	0.75	0.47	0.65	0.23	-0.23	0.63	0.04	0.06	0.53	0.45	-0.54	0.79	0.25	0.81	0.8	0.2		0.45	0.18	0.01	0.87	0.84	-0.18	0.79	-0.23	0.35
Non Currrent Assets Other	0.58	0.51	0.56	0.31	0.32	0.47	-0.14	-0.17	0.61	-0.03	-0.29	0.54	0.05	0.68	0.72	-0.23	0.45		0.48	0.43	0.66	0.63	-0.67	0.34	0.17	0.14
Other Current Liab	0.37	0.56	0.28	-0.05	-0.15	0.4	0.18	0.19	0.5	0.2	-0.12	0.46	0.33	0.32	0.33	-0.35	0.18	0.48		0.18	0.31	0.33	-0.28	0.29	-0.01	-0.18
Non Current Liabilities Other	0.01	-0.27	0.15	0.53	0.51	-0.07	-0.58	-0.59	0.07	-0.49	0.35	-0.19	-0.49	0.2	0.28	-0.37	0.01	0.43	0.18		0.12	0.15	-0.46	-0.35	0.55	0.27
Net Tangible Assets	0.86	0.64	0.79	0.35	-0.19	0.86	-0.06	-0.01	0.57	0.57	-0.66	0.86	0.27	0.93	0.88	0.24	0.87	0.66	0.31	0.12		0.99	-0.32	0.85	-0.3	0.12
Net Invested Capital	0.87	0.62	0.81	0.34	-0.18	0.86	-0.06	0.01	0.55	0.59	-0.64	0.84	0.29	0.93	0.88	0.26	0.84	0.63	0.33	0.15	0.99		-0.27	0.84	-0.33	0.13
Net Working Capital	-0.19	-0.32	-0.12	-0.46	-0.38	-0.29	0.35	0.43	-0.48	0.32	0.09	-0.27	0.29	-0.34	-0.49	0.53	-0.18	-0.67	-0.28	-0.46	-0.32	-0.27		-0.04	-0.56	0.05
Common Stock	0.76	0.72	0.61	0.08	-0.59	0.86	0.22	0.28	0.48	0.79	-0.74	0.88	0.49	0.73	0.65	0.4	0.79	0.34	0.29	-0.35	0.85	0.84	-0.04		-0.54	-0.09
Short Long Term Debt Total	-0.38	-0.34	-0.35	0.4	0.56	-0.26	-0.43	-0.52	0.12	-0.9	0.35	-0.38	-0.56	-0.24	-0.08	-0.86	-0.23	0.17	-0.01	0.55	-0.3	-0.33	-0.56	-0.54		-0.15
Other Liab	0.08	-0.3	0.16	0.08	0.35	-0.37	-0.2	-0.21	-0.05	-0.04	0.11	-0.06	-0.22	0.18	0.26	0.22	0.35	0.14	-0.18	0.27	0.12	0.13	0.05	-0.09	-0.15

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Arrow Exploration Account Relationship Matchups

Arrow Exploration fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	72.8M	33.5M	41.2M	53.2M	62.3M	65.4M
Total Current Liabilities	10.7M	17.9M	4.8M	18.8M	13.0M	13.6M
Total Stockholder Equity	45.2M	12.8M	24.0M	25.9M	41.5M	43.6M
Net Debt	4.9M	(5.6M)	(7.5M)	(11.1M)	(10.0M)	(9.5M)
Retained Earnings	(6.6M)	(38.9M)	(33.2M)	(32.8M)	(33.9M)	(32.2M)
Accounts Payable	10.6M	12.1M	3.1M	5.9M	9.7M	10.2M
Cash	1.1M	11.5M	10.9M	13.1M	12.1M	12.7M
Cash And Short Term Investments	1.1M	11.5M	10.9M	13.1M	15.0M	15.8M
Net Receivables	6.3M	4.1M	1.4M	3.4M	2.2M	1.5M
Liabilities And Stockholders Equity	72.8M	33.5M	41.2M	53.2M	61.2M	64.2M
Other Stockholder Equity	1.6M	1.5M	1.2M	1.6M	1.8M	1.7M
Total Liab	27.6M	20.7M	17.2M	27.3M	20.8M	21.8M
Total Current Assets	7.8M	16.0M	12.8M	17.5M	21.6M	22.7M
Non Current Assets Total	64.9M	17.6M	28.4M	35.7M	40.6M	42.7M
Accumulated Other Comprehensive Income	(541.4K)	(589.5K)	(803.7K)	(645.4K)	(580.8K)	(551.8K)
Property Plant And Equipment Net	63.7M	17.1M	22.8M	34.2M	38.4M	19.6M
Non Current Liabilities Total	16.9M	2.8M	12.4M	8.5M	7.8M	4.7M
Non Currrent Assets Other	1.2M	460.3K	732.6K	608.1K	243.1K	230.9K
Other Current Liab	10.6M	12.1M	3.1M	9.5M	11.0M	7.9M
Other Current Assets	271.2K	339.9K	322.3K	368.1K	331.3K	424.8K
Net Tangible Assets	50.5M	45.2M	12.8M	24.0M	27.6M	29.1M
Net Invested Capital	50.9M	18.6M	27.3M	27.8M	41.5M	36.2M
Net Working Capital	(2.9M)	(1.9M)	8.0M	(1.3M)	8.7M	9.1M
Short Long Term Debt Total	6.0M	5.9M	3.4M	2.0M	1.8M	1.7M
Inventory	177.8K	29.3K	247.1K	705.7K	492.3K	404.6K
Short Term Debt	60.7K	5.8M	1.7M	1.9M	1.7M	2.3M

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