Biodexa Price To Sales Ratio vs Days Of Inventory On Hand Analysis
BDRX Stock | 5.62 0.69 14.00% |
Biodexa Pharmaceticals financial indicator trend analysis is way more than just evaluating Biodexa Pharmaceticals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biodexa Pharmaceticals is a good investment. Please check the relationship between Biodexa Pharmaceticals 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 Biodexa Pharmaceticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Biodexa Stock please use our How to Invest in Biodexa Pharmaceticals guide.
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 Biodexa Pharmaceticals Price To Sales Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have no relationship.
The correlation between Biodexa Pharmaceticals' Price To Sales Ratio and Days Of Inventory On Hand is 0.06. 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 Biodexa Pharmaceticals, assuming nothing else is changed. The correlation between historical values of Biodexa Pharmaceticals' 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 Biodexa Pharmaceticals 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., Biodexa Pharmaceticals' Price To Sales Ratio and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Biodexa Pharmaceticals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Biodexa Pharmaceticals sales, a figure that is much harder to manipulate than other Biodexa Pharmaceticals 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 Biodexa Pharmaceticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biodexa Pharmaceticals 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 Biodexa Pharmaceticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Biodexa Stock please use our How to Invest in Biodexa Pharmaceticals guide.At this time, Biodexa Pharmaceticals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 0.56 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.9 M in 2024.
Biodexa Pharmaceticals fundamental ratios Correlations
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Biodexa Pharmaceticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Biodexa Pharmaceticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 30.9M | 9.8M | 12.9M | 5.5M | 10.5M | 20.9M | |
Other Current Liab | 761K | 2.4M | 1.2M | 1.3M | 5.0M | 5.3M | |
Total Current Liabilities | 5.7M | 3.0M | 1.8M | 1.9M | 5.6M | 3.8M | |
Total Stockholder Equity | 19.6M | 6.7M | 10.5M | 3.2M | 4.7M | 4.4M | |
Property Plant And Equipment Net | 2.2M | 542K | 1.2M | 831K | 571K | 542.5K | |
Net Debt | (4.8M) | (7.3M) | (9.3M) | (2.2M) | (5.5M) | (5.8M) | |
Retained Earnings | (99.8M) | (122.4M) | (127.8M) | (135.3M) | (144.8M) | (137.5M) | |
Accounts Payable | 4.5M | 337K | 485K | 339K | 314K | 298.3K | |
Cash | 10.9M | 7.5M | 10.1M | 2.8M | 6.0M | 8.0M | |
Non Current Assets Total | 17.2M | 542K | 1.2M | 837K | 3.5M | 3.3M | |
Non Currrent Assets Other | 2.6M | (542K) | (1.2M) | (837K) | (753.3K) | (715.6K) | |
Cash And Short Term Investments | 10.9M | 7.5M | 10.1M | 2.8M | 6.0M | 8.0M | |
Non Current Liabilities Total | 5.7M | 110K | 619.5K | 463K | 295K | 280.3K | |
Other Current Assets | 2.8M | 258K | 607K | 376K | 355K | 337.3K | |
Other Stockholder Equity | 65.9M | 74.4M | 85.2M | 83.7M | 86.7M | 59.2M | |
Total Liab | 11.3M | 3.1M | 2.5M | 2.4M | 5.9M | 5.8M | |
Total Current Assets | 13.7M | 9.3M | 11.8M | 4.7M | 7.0M | 10.0M | |
Intangible Assets | 14.2M | 10.1M | 10.1M | 6K | 2.9M | 2.8M | |
Short Long Term Debt Total | 6.1M | 260K | 766K | 624K | 464K | 440.8K | |
Net Receivables | 22K | 95K | 33K | 329K | 704K | 455.7K | |
Liabilities And Stockholders Equity | 30.9M | 9.8M | 12.9M | 5.5M | 10.5M | 10.0M | |
Accumulated Other Comprehensive Income | 56.4M | 53.7M | 53.5M | 53.0M | 61.5M | 53.6M | |
Short Term Debt | 412K | 200K | 146K | 161K | 169K | 307.8K | |
Common Stock | 23K | 63K | 98.5K | 1.1M | 1.2M | 1.2M |
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When running Biodexa Pharmaceticals' price analysis, check to measure Biodexa Pharmaceticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Biodexa Pharmaceticals is operating at the current time. Most of Biodexa Pharmaceticals' value examination focuses on studying past and present price action to predict the probability of Biodexa Pharmaceticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biodexa Pharmaceticals' price. Additionally, you may evaluate how the addition of Biodexa Pharmaceticals to your portfolios can decrease your overall portfolio volatility.