Borealis Price To Sales Ratio vs Days Payables Outstanding Analysis
BRLSW Stock | 0.07 0 3.58% |
Borealis Foods financial indicator trend analysis is way more than just evaluating Borealis Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Borealis Foods is a good investment. Please check the relationship between Borealis Foods Price To Sales Ratio and its Days Payables Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Borealis Foods. 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. For more information on how to buy Borealis Stock please use our How to Invest in Borealis Foods guide.
Price To Sales Ratio vs Days Payables Outstanding
Price To Sales Ratio vs Days Payables Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Borealis Foods Price To Sales Ratio account and Days Payables Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Borealis Foods' Price To Sales Ratio and Days Payables Outstanding is 0.91. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of Borealis Foods, assuming nothing else is changed. The correlation between historical values of Borealis Foods' Price To Sales Ratio and Days Payables Outstanding 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 Borealis Foods are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Price To Sales Ratio i.e., Borealis Foods' Price To Sales Ratio and Days Payables Outstanding go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Borealis Foods stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Borealis Foods sales, a figure that is much harder to manipulate than other Borealis Foods 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 Payables Outstanding
Most indicators from Borealis Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Borealis Foods 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 Borealis Foods. 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. For more information on how to buy Borealis Stock please use our How to Invest in Borealis Foods guide.Enterprise Value is likely to climb to about 167.4 M in 2024, whereas Tax Provision is likely to drop slightly above 41.3 K in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 264.7K | 3.2M | 3.7M | 1.9M | Depreciation And Amortization | 2.1M | 3.5M | 167.9K | 159.5K |
Borealis Foods fundamental ratios Correlations
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Borealis Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Additional Tools for Borealis Stock Analysis
When running Borealis Foods' price analysis, check to measure Borealis Foods' 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 Borealis Foods is operating at the current time. Most of Borealis Foods' value examination focuses on studying past and present price action to predict the probability of Borealis Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Borealis Foods' price. Additionally, you may evaluate how the addition of Borealis Foods to your portfolios can decrease your overall portfolio volatility.