Defiance Price To Sales Ratio vs Pb Ratio Analysis

DEF Stock  CAD 0.22  0.02  10.00%   
Defiance Silver financial indicator trend analysis is much more than just examining Defiance Silver Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Defiance Silver Corp is a good investment. Please check the relationship between Defiance Silver Price To Sales Ratio and its Pb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defiance Silver 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 Pb Ratio

Price To Sales Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Defiance Silver Corp Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Defiance Silver's Price To Sales Ratio and Pb Ratio is 0.27. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Defiance Silver Corp, assuming nothing else is changed. The correlation between historical values of Defiance Silver's Price To Sales Ratio and Pb 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 Price To Sales Ratio of Defiance Silver Corp are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., Defiance Silver's Price To Sales Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Price To Sales Ratio

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

Pb Ratio

Most indicators from Defiance Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Defiance Silver 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defiance Silver 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.
Sales General And Administrative To Revenue is likely to climb to 93.47 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 M in 2024.

Defiance Silver fundamental ratios Correlations

1.0-0.7-0.940.570.71-0.120.950.970.58-0.230.460.950.840.950.590.10.460.990.650.56-0.531.0-0.530.97-0.71
1.0-0.71-0.940.570.71-0.120.950.970.58-0.240.430.950.830.950.580.080.430.990.640.57-0.541.0-0.540.97-0.69
-0.7-0.710.48-0.97-1.0-0.25-0.51-0.54-0.970.23-0.18-0.46-0.62-0.45-0.49-0.45-0.19-0.63-0.33-0.710.06-0.680.06-0.530.38
-0.94-0.940.48-0.33-0.490.3-0.99-0.98-0.340.1-0.47-0.97-0.77-0.97-0.530.03-0.48-0.97-0.77-0.30.61-0.940.61-0.970.76
0.570.57-0.97-0.330.970.320.370.391.0-0.190.240.30.610.290.550.560.240.480.270.670.160.530.160.38-0.33
0.710.71-1.0-0.490.970.250.520.550.97-0.220.240.470.660.460.50.490.240.630.360.72-0.030.68-0.030.54-0.41
-0.12-0.12-0.250.30.320.25-0.27-0.240.320.24-0.03-0.26-0.07-0.26-0.010.35-0.03-0.19-0.350.410.29-0.150.29-0.240.21
0.950.95-0.51-0.990.370.52-0.270.980.37-0.10.510.970.780.970.50.040.520.970.80.32-0.630.95-0.630.98-0.8
0.970.97-0.54-0.980.390.55-0.240.980.39-0.220.410.990.770.990.51-0.080.420.990.670.43-0.640.98-0.640.99-0.71
0.580.58-0.97-0.341.00.970.320.370.39-0.190.250.310.620.30.560.550.250.490.270.680.160.540.160.39-0.34
-0.23-0.240.230.1-0.19-0.220.24-0.1-0.22-0.190.3-0.2-0.13-0.2-0.150.360.3-0.20.24-0.270.02-0.240.02-0.2-0.1
0.460.43-0.18-0.470.240.24-0.030.510.410.250.30.450.760.440.490.521.00.420.640.19-0.010.4-0.010.52-0.74
0.950.95-0.46-0.970.30.47-0.260.970.990.31-0.20.450.761.00.48-0.080.460.980.660.41-0.680.96-0.680.99-0.71
0.840.83-0.62-0.770.610.66-0.070.780.770.62-0.130.760.760.750.780.290.760.790.650.54-0.10.79-0.10.82-0.78
0.950.95-0.45-0.970.290.46-0.260.970.990.3-0.20.441.00.750.48-0.090.450.980.660.41-0.680.96-0.680.99-0.7
0.590.58-0.49-0.530.550.5-0.010.50.510.56-0.150.490.480.780.480.130.490.520.420.330.240.520.240.52-0.49
0.10.08-0.450.030.560.490.350.04-0.080.550.360.52-0.080.29-0.090.130.520.030.30.280.280.050.280.0-0.34
0.460.43-0.19-0.480.240.24-0.030.520.420.250.31.00.460.760.450.490.520.430.650.19-0.020.41-0.020.53-0.74
0.990.99-0.63-0.970.480.63-0.190.970.990.49-0.20.420.980.790.980.520.030.430.680.49-0.621.0-0.620.98-0.71
0.650.64-0.33-0.770.270.36-0.350.80.670.270.240.640.660.650.660.420.30.650.68-0.06-0.350.64-0.350.7-0.86
0.560.57-0.71-0.30.670.720.410.320.430.68-0.270.190.410.540.410.330.280.190.49-0.06-0.070.55-0.070.44-0.16
-0.53-0.540.060.610.16-0.030.29-0.63-0.640.160.02-0.01-0.68-0.1-0.680.240.28-0.02-0.62-0.35-0.07-0.61.0-0.620.31
1.01.0-0.68-0.940.530.68-0.150.950.980.54-0.240.40.960.790.960.520.050.411.00.640.55-0.6-0.60.97-0.69
-0.53-0.540.060.610.16-0.030.29-0.63-0.640.160.02-0.01-0.68-0.1-0.680.240.28-0.02-0.62-0.35-0.071.0-0.6-0.620.31
0.970.97-0.53-0.970.380.54-0.240.980.990.39-0.20.520.990.820.990.520.00.530.980.70.44-0.620.97-0.62-0.75
-0.71-0.690.380.76-0.33-0.410.21-0.8-0.71-0.34-0.1-0.74-0.71-0.78-0.7-0.49-0.34-0.74-0.71-0.86-0.160.31-0.690.31-0.75
Click cells to compare fundamentals

Defiance Silver Account Relationship Matchups

Defiance Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.1M43.0M41.6M41.9M42.3M44.4M
Total Stockholder Equity14.0M41.7M40.1M40.6M41.4M43.5M
Net Debt649.4K(20.8M)(11.8M)(4.6M)(4.1M)(3.9M)
Retained Earnings(10.6M)(13.5M)(17.4M)(19.8M)(22.2M)(21.1M)
Cash569.0K20.8M11.8M4.6M265.8K252.5K
Cash And Short Term Investments569.0K20.8M11.8M4.6M5.2M2.9M
Net Receivables22.7K28.8K77.9K28.1K2.2K0.0
Common Stock Shares Outstanding147.2M186.5M220.6M227.6M269.2M282.7M
Liabilities And Stockholders Equity16.1M43.0M41.6M41.9M48.2M50.6M
Other Stockholder Equity1.8M2.0M3.8M5.3M6.1M6.4M
Total Current Assets642.0K21.6M12.4M5.1M349.2K331.8K
Other Current Liab174.8K259.9K98.3K154.1K177.2K279.8K
Total Current Liabilities2.1M1.3M1.4M1.3M829.7K1.0M
Property Plant And Equipment Net14.7M20.0M27.0M33.4M38.2M40.1M
Accounts Payable689.9K1.0M1.3M1.1M759.7K515.8K
Non Current Assets Total15.5M21.5M29.2M36.8M41.9M44.0M
Non Currrent Assets Other772.2K1.4M2.1M3.4M41.3K39.2K
Total Liab2.1M1.3M1.4M1.3M865.7K1.0M
Accumulated Other Comprehensive Income2.0M3.8M5.3M6.2M7.1M7.5M
Common Stock22.6M51.4M52.1M54.3M62.4M65.5M
Other Current Assets44.1K266.4K164.9K129.2K148.5K97.9K
Net Tangible Assets11.4M14.0M41.7M40.1M46.1M48.4M
Property Plant Equipment13.0M14.7M20.0M27.0M31.1M32.6M
Net Invested Capital15.2M41.7M40.1M40.6M41.4M27.6M
Net Working Capital(1.4M)20.3M11.0M3.8M(480.5K)(456.5K)
Capital Stock22.6M51.4M52.1M54.3M56.8M47.0M

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Additional Tools for Defiance Stock Analysis

When running Defiance Silver's price analysis, check to measure Defiance Silver'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 Defiance Silver is operating at the current time. Most of Defiance Silver's value examination focuses on studying past and present price action to predict the probability of Defiance Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Defiance Silver's price. Additionally, you may evaluate how the addition of Defiance Silver to your portfolios can decrease your overall portfolio volatility.