| BWLK Stock | | | CAD 0.14 0.01 7.69% |
Boardwalktech Software financial indicator trend analysis is way more than just evaluating Boardwalktech Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boardwalktech Software is a good investment. Please check the relationship between Boardwalktech Software Average Payables and its Price To Sales Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Boardwalktech Software 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 industry.
Average Payables vs Price To Sales Ratio
Average Payables vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boardwalktech Software Average Payables account and
Price To Sales Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Boardwalktech Software's Average Payables and Price To Sales Ratio is 0.12. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Boardwalktech Software Corp, assuming nothing else is changed. The correlation between historical values of Boardwalktech Software's Average Payables 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 Average Payables of Boardwalktech Software Corp 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 Average Payables i.e., Boardwalktech Software's Average Payables and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.12 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Boardwalktech Software stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Boardwalktech Software sales, a figure that is much harder to manipulate than other Boardwalktech Software 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.
Most indicators from Boardwalktech Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boardwalktech Software 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 Boardwalktech Software 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 industry.
At this time, Boardwalktech Software's
Issuance Of Capital Stock is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 1.64 in 2024, whereas
Tax Provision is likely to drop slightly above 19.3
K in 2024.
Boardwalktech Software fundamental ratios Correlations
Click cells to compare fundamentals
Boardwalktech Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boardwalktech Software fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Boardwalktech Stock Analysis
When running Boardwalktech Software's price analysis, check to
measure Boardwalktech Software's 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 Boardwalktech Software is operating at the current time. Most of Boardwalktech Software's value examination focuses on studying past and present price action to
predict the probability of Boardwalktech Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boardwalktech Software's price. Additionally, you may evaluate how the addition of Boardwalktech Software to your portfolios can decrease your overall portfolio volatility.