Tritium Price To Sales Ratio vs Free Cash Flow Yield Analysis
| DCFC Stock | USD 0.20 0.07 25.93% |
Tritium Dcfc financial indicator trend analysis is much more than just breaking down Tritium Dcfc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tritium Dcfc is a good investment. Please check the relationship between Tritium Dcfc Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Tritium Dcfc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Tritium Stock refer to our How to Trade Tritium Stock guide.
Price To Sales Ratio vs Free Cash Flow Yield
Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tritium Dcfc Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tritium Dcfc's Price To Sales Ratio and Free Cash Flow Yield is 0.94. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Tritium Dcfc, assuming nothing else is changed. The correlation between historical values of Tritium Dcfc's Price To Sales Ratio and Free Cash Flow Yield 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 Tritium Dcfc are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Tritium Dcfc's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Tritium Dcfc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Tritium Dcfc sales, a figure that is much harder to manipulate than other Tritium Dcfc 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.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from Tritium Dcfc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tritium Dcfc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Tritium Dcfc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Tritium Stock refer to our How to Trade Tritium Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.44, whereas Tax Provision is forecasted to decline to 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 2.2M | 2.4M | 2.8M | 2.3M | Interest Income | 7K | 147K | 169.1K | 177.5K |
Tritium Dcfc fundamental ratios Correlations
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Tritium Dcfc 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.When determining whether Tritium Dcfc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tritium Dcfc'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 Tritium Dcfc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tritium Dcfc Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Tritium Dcfc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Tritium Stock refer to our How to Trade Tritium Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Industrial Machinery & Supplies & Components 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 Tritium Dcfc. If investors know Tritium 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 Tritium Dcfc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (156.00) | Revenue Per Share 237.507 | Quarterly Revenue Growth 2.881 | Return On Assets (0.25) |
The market value of Tritium Dcfc is measured differently than its book value, which is the value of Tritium that is recorded on the company's balance sheet. Investors also form their own opinion of Tritium Dcfc's value that differs from its market value or its book value, called intrinsic value, which is Tritium Dcfc'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 Tritium Dcfc's market value can be influenced by many factors that don't directly affect Tritium Dcfc'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 Tritium Dcfc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tritium Dcfc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tritium Dcfc'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.