Desert Book Value Per Share vs Price To Sales Ratio Analysis

DME Stock

CAD 0.28 0.01 3.45%

Desert Mountain financial indicator trend analysis is much more than just examining Desert Mountain Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Desert Mountain Energy is a good investment. Please check the relationship between Desert Mountain Book Value Per Share and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Desert Mountain Energy. 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.

Book Value Per Share vs Price To Sales Ratio

Book Value Per Share vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Desert Mountain Energy Book Value Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Desert Mountain's Book Value Per Share and Price To Sales Ratio is -0.7. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Desert Mountain Energy, assuming nothing else is changed. The correlation between historical values of Desert Mountain's Book Value Per Share 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 Book Value Per Share of Desert Mountain Energy 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 Book Value Per Share i.e., Desert Mountain's Book Value Per Share and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.7

Relationship Direction	Negative
Relationship Strength	Weak

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Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Desert Mountain Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Desert Mountain sales, a figure that is much harder to manipulate than other Desert Mountain Energy 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 Desert Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Desert Mountain Energy 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 Desert Mountain Energy. 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, Desert Mountain's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 25.5 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 3.03 in 2024.

Desert Mountain fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Net Receivables	Total Current Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Other Current Assets	Inventory	Short Term Investments	Intangible Assets	Other Liab	Net Tangible Assets	Other Assets	Non Current Liabilities Total	Common Stock
Total Assets		-0.25	0.67	1.0	0.96	0.97	0.94	0.97	-0.51	0.94	0.89	0.8	-0.28	-0.92	0.73	0.32	0.76	0.69	-0.26	0.88	0.06	0.95	0.97	0.02	0.9	1.0
Other Current Liab	-0.25		0.13	-0.27	-0.23	-0.22	-0.21	-0.27	0.38	-0.14	-0.06	-0.27	0.23	0.2	-0.19	-0.24	-0.31	0.52	-0.03	-0.16	-0.55	-0.27	-0.3	-0.03	-0.18	-0.26
Total Current Liabilities	0.67	0.13		0.68	0.78	0.65	0.42	0.69	-0.38	0.56	0.61	0.52	-0.26	-0.69	0.94	0.29	0.47	0.69	-0.18	0.4	-0.1	0.74	0.72	0.66	0.43	0.68
Total Stockholder Equity	1.0	-0.27	0.68		0.96	0.95	0.92	0.98	-0.51	0.91	0.87	0.83	-0.33	-0.92	0.74	0.38	0.79	0.68	-0.27	0.85	0.06	0.94	0.98	0.04	0.87	0.99
Property Plant And Equipment Net	0.96	-0.23	0.78	0.96		0.97	0.86	0.94	-0.53	0.92	0.92	0.68	-0.16	-0.9	0.84	0.2	0.63	0.68	-0.26	0.84	0.01	0.97	0.93	0.21	0.86	0.97
Non Current Assets Total	0.97	-0.22	0.65	0.95	0.97		0.95	0.93	-0.52	0.98	0.96	0.63	-0.04	-0.89	0.7	0.08	0.58	0.69	-0.23	0.94	0.02	0.95	0.89	0.0	0.96	0.97
Non Currrent Assets Other	0.94	-0.21	0.42	0.92	0.86	0.95		0.89	-0.46	0.97	0.9	0.66	-0.06	-0.83	0.47	0.11	0.62	0.66	-0.21	0.97	0.05	0.86	0.84	-0.3	0.98	0.93
Common Stock Shares Outstanding	0.97	-0.27	0.69	0.98	0.94	0.93	0.89		-0.55	0.88	0.82	0.82	-0.33	-0.96	0.74	0.38	0.78	0.65	-0.19	0.82	0.18	0.96	0.97	0.06	0.84	0.97
Other Stockholder Equity	-0.51	0.38	-0.38	-0.51	-0.53	-0.52	-0.46	-0.55		-0.5	-0.38	-0.35	0.09	0.46	-0.53	-0.11	-0.36	-0.17	-0.39	-0.47	-0.47	-0.64	-0.52	-0.09	-0.47	-0.55
Total Liab	0.94	-0.14	0.56	0.91	0.92	0.98	0.97	0.88	-0.5		0.96	0.56	0.06	-0.85	0.59	-0.02	0.51	0.72	-0.19	0.98	0.02	0.91	0.83	-0.14	0.99	0.94
Net Receivables	0.89	-0.06	0.61	0.87	0.92	0.96	0.9	0.82	-0.38	0.96		0.48	0.12	-0.79	0.61	-0.08	0.42	0.72	-0.26	0.92	-0.22	0.86	0.78	-0.05	0.94	0.89
Total Current Assets	0.8	-0.27	0.52	0.83	0.68	0.63	0.66	0.82	-0.35	0.56	0.48		-0.78	-0.74	0.58	0.81	0.99	0.49	-0.27	0.49	0.13	0.67	0.89	0.05	0.52	0.79
Net Debt	-0.28	0.23	-0.26	-0.33	-0.16	-0.04	-0.06	-0.33	0.09	0.06	0.12	-0.78		0.25	-0.33	-1.0	-0.82	-0.07	0.19	0.16	-0.15	-0.15	-0.47	-0.26	0.12	-0.26
Retained Earnings	-0.92	0.2	-0.69	-0.92	-0.9	-0.89	-0.83	-0.96	0.46	-0.85	-0.79	-0.74	0.25		-0.7	-0.28	-0.68	-0.64	0.16	-0.79	-0.19	-0.91	-0.91	-0.07	-0.8	-0.92
Accounts Payable	0.73	-0.19	0.94	0.74	0.84	0.7	0.47	0.74	-0.53	0.59	0.61	0.58	-0.33	-0.7		0.36	0.56	0.51	-0.17	0.44	0.08	0.81	0.79	0.68	0.47	0.74
Cash	0.32	-0.24	0.29	0.38	0.2	0.08	0.11	0.38	-0.11	-0.02	-0.08	0.81	-1.0	-0.28	0.36		0.85	0.1	-0.2	-0.11	0.14	0.2	0.51	0.24	-0.07	0.31
Cash And Short Term Investments	0.76	-0.31	0.47	0.79	0.63	0.58	0.62	0.78	-0.36	0.51	0.42	0.99	-0.82	-0.68	0.56	0.85		0.43	-0.26	0.43	0.16	0.63	0.87	0.05	0.47	0.75
Other Current Assets	0.69	0.52	0.69	0.68	0.68	0.69	0.66	0.65	-0.17	0.72	0.72	0.49	-0.07	-0.64	0.51	0.1	0.43		-0.29	0.65	-0.31	0.63	0.64	0.02	0.66	0.68
Inventory	-0.26	-0.03	-0.18	-0.27	-0.26	-0.23	-0.21	-0.19	-0.39	-0.19	-0.26	-0.27	0.19	0.16	-0.17	-0.2	-0.26	-0.29		-0.16	0.33	-0.16	-0.27	-0.09	-0.18	-0.23
Short Term Investments	0.88	-0.16	0.4	0.85	0.84	0.94	0.97	0.82	-0.47	0.98	0.92	0.49	0.16	-0.79	0.44	-0.11	0.43	0.65	-0.16		0.06	0.84	0.75	-0.31	1.0	0.88
Intangible Assets	0.06	-0.55	-0.1	0.06	0.01	0.02	0.05	0.18	-0.47	0.02	-0.22	0.13	-0.15	-0.19	0.08	0.14	0.16	-0.31	0.33	0.06		0.17	0.13	-0.02	0.03	0.09
Other Liab	0.95	-0.27	0.74	0.94	0.97	0.95	0.86	0.96	-0.64	0.91	0.86	0.67	-0.15	-0.91	0.81	0.2	0.63	0.63	-0.16	0.84	0.17		0.92	0.16	0.86	0.95
Net Tangible Assets	0.97	-0.3	0.72	0.98	0.93	0.89	0.84	0.97	-0.52	0.83	0.78	0.89	-0.47	-0.91	0.79	0.51	0.87	0.64	-0.27	0.75	0.13	0.92		0.15	0.77	0.97
Other Assets	0.02	-0.03	0.66	0.04	0.21	0.0	-0.3	0.06	-0.09	-0.14	-0.05	0.05	-0.26	-0.07	0.68	0.24	0.05	0.02	-0.09	-0.31	-0.02	0.16	0.15		-0.28	0.03
Non Current Liabilities Total	0.9	-0.18	0.43	0.87	0.86	0.96	0.98	0.84	-0.47	0.99	0.94	0.52	0.12	-0.8	0.47	-0.07	0.47	0.66	-0.18	1.0	0.03	0.86	0.77	-0.28		0.9
Common Stock	1.0	-0.26	0.68	0.99	0.97	0.97	0.93	0.97	-0.55	0.94	0.89	0.79	-0.26	-0.92	0.74	0.31	0.75	0.68	-0.23	0.88	0.09	0.95	0.97	0.03	0.9

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Desert Mountain Account Relationship Matchups

Desert Mountain fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.5M	34.5M	40.0M	59.4M	68.4M	71.8M
Other Current Liab	15.8K	14.6K	23.4K	37.8K	34.0K	32.3K
Total Current Liabilities	75.7K	516.9K	2.3M	956.3K	1.1M	1.2M
Total Stockholder Equity	13.5M	33.9M	37.3M	50.8M	58.4M	61.3M
Property Plant And Equipment Net	2.7M	7.3M	25.5M	25.5M	29.3M	30.7M
Non Current Assets Total	2.8M	7.4M	26.7M	45.9M	52.8M	55.4M
Non Currrent Assets Other	2.7M	6.8M	1.1M	19.6M	22.6M	23.7M
Common Stock Shares Outstanding	42.0M	63.8M	73.7M	84.3M	96.9M	101.8M
Liabilities And Stockholders Equity	13.5M	34.5M	40.0M	59.4M	68.4M	71.8M
Other Stockholder Equity	1.7M	11.3M	8.5M	(6K)	(6.9K)	(6.6K)
Total Liab	75.7K	666.9K	2.7M	8.7M	10.0M	10.5M
Net Receivables	11.1K	18.9K	412.5K	843.4K	969.9K	1.0M
Total Current Assets	10.7M	27.1M	13.4M	13.6M	15.6M	16.4M
Net Debt	(10.1M)	(26.6M)	(12.2M)	(2.1M)	(1.9M)	(2.0M)
Retained Earnings	(21.0M)	(28.9M)	(36.5M)	(48.1M)	(43.3M)	(41.1M)
Accounts Payable	60.0K	502.3K	2.3M	918.5K	1.1M	1.1M
Cash	10.1M	26.6M	12.2M	2.1M	2.4M	3.9M
Cash And Short Term Investments	10.6M	26.8M	12.5M	12.1M	13.9M	14.6M
Other Current Assets	115.7K	301.4K	428.9K	635.4K	730.7K	767.2K
Short Term Investments	519.8K	204.8K	291.4K	10M	11.5M	12.1M
Accumulated Other Comprehensive Income	11.3M	8.5M	12.2M	18.1M	20.8M	21.8M
Net Tangible Assets	2.1M	13.5M	33.8M	37.3M	42.9M	45.1M
Other Assets	66.8K	63.5K	1.2M	1.0	1.15	1.09
Common Stock	23.2M	54.3M	61.6M	80.8M	92.9M	97.5M
Property Plant Equipment	1.2M	2.7M	7.3M	25.5M	29.3M	30.8M
Net Invested Capital	13.5M	33.9M	37.3M	50.8M	58.4M	61.3M
Long Term Investments	66.8K	63.5K	68.7K	101.8K	91.7K	56.9K
Net Working Capital	10.7M	26.6M	11.0M	12.6M	14.5M	9.9M
Capital Stock	23.2M	54.3M	61.6M	80.8M	92.9M	47.5M

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