Datametrex Price To Sales Ratio vs Capex To Depreciation Analysis
DM Stock | CAD 0.01 0.01 50.00% |
Datametrex financial indicator trend analysis is much more than just examining Datametrex AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datametrex AI is a good investment. Please check the relationship between Datametrex Price To Sales Ratio and its Capex To Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datametrex AI. 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 Capex To Depreciation
Price To Sales Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datametrex AI Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Datametrex's Price To Sales Ratio and Capex To Depreciation is 0.21. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Datametrex AI, assuming nothing else is changed. The correlation between historical values of Datametrex's Price To Sales Ratio and Capex To Depreciation 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 Datametrex AI are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., Datametrex's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Datametrex AI stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Datametrex sales, a figure that is much harder to manipulate than other Datametrex AI 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.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Datametrex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datametrex AI 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 Datametrex AI. 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. At this time, Datametrex's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 11.7 M in 2024, despite the fact that Tax Provision is likely to grow to (363.3 K).
Datametrex fundamental ratios Correlations
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Datametrex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Datametrex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.9M | 10.0M | 42.6M | 36.0M | 12.7M | 11.2M | |
Total Current Liabilities | 5.0M | 6.1M | 9.4M | 9.4M | 7.5M | 7.8M | |
Total Stockholder Equity | 2.9M | 3.2M | 32.5M | 22.8M | 1.0M | 954.2K | |
Net Debt | 330.2K | (1.5M) | (15.1M) | (4.4M) | 4.8M | 5.1M | |
Retained Earnings | (27.7M) | (32.7M) | (23.6M) | (40.8M) | (64.8M) | (61.5M) | |
Cash | 119.7K | 2.0M | 15.4M | 8.9M | 341.2K | 324.2K | |
Cash And Short Term Investments | 119.7K | 2.0M | 18.0M | 9.4M | 1.1M | 1.1M | |
Net Receivables | 1.1M | 1.7M | 5.7M | 3.4M | 2.2M | 1.3M | |
Common Stock Shares Outstanding | 224.1M | 254.3M | 324.8M | 387.2M | 404.9M | 425.1M | |
Liabilities And Stockholders Equity | 7.9M | 10.0M | 42.6M | 36.0M | 12.7M | 11.2M | |
Total Liab | 5.0M | 6.8M | 10.2M | 13.2M | 11.7M | 12.3M | |
Total Current Assets | 1.2M | 3.9M | 23.8M | 15.6M | 3.7M | 4.7M | |
Accumulated Other Comprehensive Income | (14.9K) | (17.3K) | 8.3M | 8.1M | 8.9M | 9.4M | |
Common Stock | 27.7M | 30.7M | 47.8M | 55.5M | 56.8M | 28.6M | |
Accounts Payable | 2.1M | 3.4M | 4.7M | 2.1M | 1.5M | 1.8M | |
Other Stockholder Equity | 1.2M | 2.8M | 2.9M | 5.2M | 6.0M | 6.3M | |
Net Tangible Assets | 1.7M | (2.3M) | (3.1M) | (2.0M) | (1.8M) | (1.8M) | |
Non Current Assets Total | 6.7M | 6.1M | 18.9M | 20.4M | 9.0M | 10.5M | |
Non Currrent Assets Other | (215K) | 7.9M | 6.7M | (3.0M) | (3.5M) | (3.3M) | |
Non Current Liabilities Total | 36.4K | 698.3K | 714.6K | 3.8M | 4.2M | 4.5M | |
Other Current Assets | 58.6K | 234.3K | 125.7K | 2.8M | 221.7K | 210.6K | |
Intangible Assets | 3.0M | 2.3M | 15.6M | 10.7M | 4.0M | 6.0M | |
Property Plant Equipment | 141.5K | 159.2K | 168.1K | 141.2K | 162.4K | 138.0K | |
Short Long Term Debt Total | 449.8K | 518.6K | 253.8K | 4.5M | 5.2M | 5.4M | |
Property Plant And Equipment Net | 168.1K | 141.2K | 298.8K | 6.7M | 6.6M | 6.9M | |
Current Deferred Revenue | 207.8K | 262.5K | 34.4K | 29.0K | 26.1K | 24.8K | |
Long Term Debt | 64.6K | 20.2K | 60K | 225.1K | 258.8K | 271.8K | |
Net Invested Capital | 3.3M | 3.7M | 32.5M | 23.5M | 27.0M | 14.2M | |
Short Long Term Debt | 385.7K | 412.5K | 30K | 520.2K | 468.2K | 291.2K | |
Net Working Capital | (3.7M) | (2.2M) | 14.3M | 6.2M | 7.1M | 7.5M | |
Short Term Debt | 429.6K | 438.8K | 134.2K | 970.6K | 1.2M | 630.2K | |
Capital Stock | 27.7M | 30.7M | 47.8M | 55.5M | 63.8M | 41.4M |
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Additional Tools for Datametrex Stock Analysis
When running Datametrex's price analysis, check to measure Datametrex'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 Datametrex is operating at the current time. Most of Datametrex's value examination focuses on studying past and present price action to predict the probability of Datametrex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datametrex's price. Additionally, you may evaluate how the addition of Datametrex to your portfolios can decrease your overall portfolio volatility.