Elementos Book Value Per Share vs Price To Sales Ratio Analysis

ELTLF Stock

USD 0.05 0.00 0.00%

Elementos financial indicator trend analysis is much more than just examining Elementos Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elementos Limited is a good investment. Please check the relationship between Elementos 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 Elementos Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

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 Elementos Limited Book Value Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Elementos' Book Value Per Share and Price To Sales Ratio is -0.28. 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 Elementos Limited, assuming nothing else is changed. The correlation between historical values of Elementos' 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 Elementos Limited 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., Elementos' Book Value Per Share and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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 Elementos Limited stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Elementos sales, a figure that is much harder to manipulate than other Elementos Limited 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 Elementos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elementos Limited 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 Elementos Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, Elementos' Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Elementos' current Enterprise Value is estimated to increase to about 26 M, while Selling General Administrative is projected to decrease to roughly 1.1 M.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	44.6K	51.3K	59.0K	62.0K
Interest Income	1.2K	38.7K	44.5K	46.7K

Reconciled Depreciation Interest Income

Elementos fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Current Assets	Other Assets	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Non Current Liabilities Total	Short Long Term Debt	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Net Debt
Total Assets		0.51	1.0	1.0	-0.65	0.9	0.53	0.88	0.83	0.39	0.55	0.95	0.97	-0.11	0.94	0.93	0.94	0.87	-0.17	0.91	-0.3	0.89	0.73	0.93	0.87	-0.68
Total Current Liabilities	0.51		0.43	0.43	-0.45	0.71	0.38	0.49	0.21	0.94	0.4	0.46	0.47	-0.09	0.51	0.48	0.53	0.68	0.25	0.71	0.59	0.56	0.35	0.49	0.33	-0.1
Total Stockholder Equity	1.0	0.43		1.0	-0.63	0.87	0.53	0.88	0.85	0.3	0.55	0.95	0.96	-0.1	0.93	0.92	0.93	0.83	-0.24	0.88	-0.38	0.88	0.75	0.92	0.88	-0.69
Net Tangible Assets	1.0	0.43	1.0		-0.63	0.87	0.53	0.88	0.85	0.3	0.55	0.95	0.96	-0.1	0.93	0.92	0.93	0.83	-0.24	0.88	-0.38	0.88	0.75	0.92	0.88	-0.69
Retained Earnings	-0.65	-0.45	-0.63	-0.63		-0.61	-0.11	-0.66	-0.64	-0.4	-0.13	-0.83	-0.7	0.53	-0.69	-0.78	-0.74	-0.73	-0.01	-0.75	0.12	-0.75	-0.6	-0.74	-0.67	0.37
Accounts Payable	0.9	0.71	0.87	0.87	-0.61		0.48	0.79	0.65	0.56	0.51	0.85	0.87	-0.01	0.88	0.77	0.84	0.8	-0.15	0.84	-0.05	0.8	0.62	0.81	0.73	-0.57
Cash	0.53	0.38	0.53	0.53	-0.11	0.48		0.63	0.3	0.21	1.0	0.37	0.3	0.4	0.34	0.32	0.31	0.39	-0.33	0.44	0.0	0.54	0.69	0.52	0.37	-0.04
Net Receivables	0.88	0.49	0.88	0.88	-0.66	0.79	0.63		0.61	0.39	0.66	0.86	0.81	-0.1	0.76	0.78	0.77	0.82	-0.11	0.85	-0.29	0.86	0.87	0.86	0.71	-0.44
Other Stockholder Equity	0.83	0.21	0.85	0.85	-0.64	0.65	0.3	0.61		0.15	0.31	0.85	0.84	-0.07	0.85	0.88	0.86	0.7	-0.15	0.71	-0.46	0.72	0.48	0.78	0.84	-0.72
Total Liab	0.39	0.94	0.3	0.3	-0.4	0.56	0.21	0.39	0.15		0.22	0.36	0.39	-0.13	0.45	0.42	0.48	0.69	0.56	0.65	0.62	0.44	0.15	0.36	0.21	-0.07
Total Current Assets	0.55	0.4	0.55	0.55	-0.13	0.51	1.0	0.66	0.31	0.22		0.39	0.32	0.42	0.35	0.32	0.32	0.41	-0.33	0.46	-0.02	0.56	0.71	0.53	0.38	-0.04
Common Stock	0.95	0.46	0.95	0.95	-0.83	0.85	0.37	0.86	0.85	0.36	0.39		0.96	-0.3	0.94	0.96	0.95	0.86	-0.16	0.91	-0.32	0.89	0.73	0.92	0.88	-0.7
Property Plant Equipment	0.97	0.47	0.96	0.96	-0.7	0.87	0.3	0.81	0.84	0.39	0.32	0.96		-0.26	0.96	0.96	0.97	0.86	-0.09	0.9	-0.33	0.86	0.63	0.9	0.88	-0.72
Other Current Assets	-0.11	-0.09	-0.1	-0.1	0.53	-0.01	0.4	-0.1	-0.07	-0.13	0.42	-0.3	-0.26		-0.19	-0.37	-0.28	-0.31	-0.13	-0.3	-0.03	-0.25	-0.2	-0.24	-0.22	0.15
Other Assets	0.94	0.51	0.93	0.93	-0.69	0.88	0.34	0.76	0.85	0.45	0.35	0.94	0.96	-0.19		0.92	0.99	0.87	-0.02	0.9	-0.28	0.84	0.53	0.88	0.87	-0.73
Non Current Assets Total	0.93	0.48	0.92	0.92	-0.78	0.77	0.32	0.78	0.88	0.42	0.32	0.96	0.96	-0.37	0.92		0.97	0.9	0.0	0.93	-0.26	0.87	0.64	0.9	0.86	-0.68
Non Currrent Assets Other	0.94	0.53	0.93	0.93	-0.74	0.84	0.31	0.77	0.86	0.48	0.32	0.95	0.97	-0.28	0.99	0.97		0.91	0.03	0.93	-0.24	0.86	0.56	0.89	0.87	-0.71
Long Term Debt	0.87	0.68	0.83	0.83	-0.73	0.8	0.39	0.82	0.7	0.69	0.41	0.86	0.86	-0.31	0.87	0.9	0.91		0.27	0.95	-0.02	0.84	0.61	0.84	0.72	-0.53
Non Current Liabilities Total	-0.17	0.25	-0.24	-0.24	-0.01	-0.15	-0.33	-0.11	-0.15	0.56	-0.33	-0.16	-0.09	-0.13	-0.02	0.0	0.03	0.27		0.08	0.36	-0.13	-0.41	-0.18	-0.22	0.14
Short Long Term Debt	0.91	0.71	0.88	0.88	-0.75	0.84	0.44	0.85	0.71	0.65	0.46	0.91	0.9	-0.3	0.9	0.93	0.93	0.95	0.08		-0.05	0.88	0.67	0.88	0.77	-0.56
Common Stock Shares Outstanding	-0.3	0.59	-0.38	-0.38	0.12	-0.05	0.0	-0.29	-0.46	0.62	-0.02	-0.32	-0.33	-0.03	-0.28	-0.26	-0.24	-0.02	0.36	-0.05		-0.22	-0.25	-0.33	-0.46	0.38
Net Invested Capital	0.89	0.56	0.88	0.88	-0.75	0.8	0.54	0.86	0.72	0.44	0.56	0.89	0.86	-0.25	0.84	0.87	0.86	0.84	-0.13	0.88	-0.22		0.82	0.99	0.92	-0.37
Net Working Capital	0.73	0.35	0.75	0.75	-0.6	0.62	0.69	0.87	0.48	0.15	0.71	0.73	0.63	-0.2	0.53	0.64	0.56	0.61	-0.41	0.67	-0.25	0.82		0.81	0.66	-0.23
Capital Stock	0.93	0.49	0.92	0.92	-0.74	0.81	0.52	0.86	0.78	0.36	0.53	0.92	0.9	-0.24	0.88	0.9	0.89	0.84	-0.18	0.88	-0.33	0.99	0.81		0.96	-0.47
Property Plant And Equipment Net	0.87	0.33	0.88	0.88	-0.67	0.73	0.37	0.71	0.84	0.21	0.38	0.88	0.88	-0.22	0.87	0.86	0.87	0.72	-0.22	0.77	-0.46	0.92	0.66	0.96		-0.52
Net Debt	-0.68	-0.1	-0.69	-0.69	0.37	-0.57	-0.04	-0.44	-0.72	-0.07	-0.04	-0.7	-0.72	0.15	-0.73	-0.68	-0.71	-0.53	0.14	-0.56	0.38	-0.37	-0.23	-0.47	-0.52

Click cells to compare fundamentals

Elementos Account Relationship Matchups

Elementos fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.9M	17.2M	20.9M	23.0M	26.4M	27.7M
Total Current Liabilities	1.8M	2.7M	860.1K	1.0M	1.2M	794.2K
Total Stockholder Equity	7.0M	14.6M	20.0M	21.9M	25.2M	26.5M
Net Tangible Assets	7.0M	14.6M	20.0M	21.9M	25.2M	26.5M
Retained Earnings	(12.6M)	(14.2M)	(16.5M)	(18.7M)	(16.8M)	(16.0M)
Accounts Payable	504.0K	1.1M	736.5K	933.4K	1.1M	1.1M
Cash	199.2K	5.5M	6.3M	3.4M	3.1M	2.2M
Net Receivables	138.3K	227.3K	563.6K	287.3K	330.4K	347.0K
Other Stockholder Equity	(51.1K)	78.6K	328.2K	1.4M	1.6M	1.6M
Total Liab	2.9M	2.7M	867.2K	1.0M	1.2M	924.9K
Total Current Assets	337.4K	5.8M	6.9M	3.7M	3.4M	2.3M
Common Stock	19.7M	28.7M	36.2M	39.3M	45.2M	47.4M
Property Plant Equipment	9.5M	11.4M	14.0M	19.1M	21.9M	23.0M
Other Assets	80K	76.5K	74.2K	145.0K	166.7K	175.0K
Non Current Assets Total	9.5M	11.5M	14.0M	19.2M	22.1M	23.2M
Non Currrent Assets Other	80K	76.5K	74.2K	145.0K	166.7K	175.0K
Capital Lease Obligations	21.9K	16.1K	58.2K	7.1K	8.1K	7.7K
Property Plant And Equipment Gross	9.5M	11.4M	14.0M	19.1M	21.9M	23.0M
Common Stock Shares Outstanding	2.5B	3.9B	177.1M	194.7M	175.3M	166.5M
Net Invested Capital	9.3M	16.1M	20.0M	21.9M	25.2M	13.3M
Net Working Capital	(1.4M)	3.1M	6.0M	2.7M	3.1M	1.8M
Capital Stock	19.7M	28.7M	36.2M	39.3M	45.2M	30.9M

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

When determining whether Elementos Limited is a strong investment it is important to analyze Elementos' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Elementos' future performance. For an informed investment choice regarding Elementos Stock, refer to the following important reports:

How To Invest In Elementos

Details

Is Elementos Stock a good investment?

Details

What is Elementos' Net Worth?

Details

Largest Diversified Metals & Mining Companies

View

Largest Other Industrial Metals & Mining Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elementos Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Is Diversified Metals & Mining 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 Elementos. If investors know Elementos 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 Elementos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Revenue Growth

(0.56)

Return On Assets

(0.03)

Return On Equity

(0.06)

The market value of Elementos Limited is measured differently than its book value, which is the value of Elementos that is recorded on the company's balance sheet. Investors also form their own opinion of Elementos' value that differs from its market value or its book value, called intrinsic value, which is Elementos' 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 Elementos' market value can be influenced by many factors that don't directly affect Elementos' 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 Elementos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elementos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elementos' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Elementos Book Value Per Share vs Price To Sales Ratio Analysis

Book Value Per Share vs Price To Sales Ratio

Book Value Per Share vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Book Value Per Share

Price To Sales Ratio

Elementos fundamental ratios Correlations

Elementos Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Elementos fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash
Non Currrent Assets Other	+ 0.99	Other Assets
Capital Stock	+ 0.99	Net Invested Capital

Common Stock	- 0.83	Retained Earnings
Non Current Assets Total	- 0.78	Retained Earnings
Net Invested Capital	- 0.75	Retained Earnings
Short Long Term Debt	- 0.75	Retained Earnings
Capital Stock	- 0.74	Retained Earnings
Non Currrent Assets Other	- 0.74	Retained Earnings