ESE Days Sales Outstanding vs Price To Sales Ratio Analysis
ESE Stock | CAD 0.07 0.01 16.67% |
ESE Entertainment financial indicator trend analysis is much more than just examining ESE Entertainment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ESE Entertainment is a good investment. Please check the relationship between ESE Entertainment Days Sales Outstanding and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESE Entertainment. 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.
Days Sales Outstanding vs Price To Sales Ratio
Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ESE Entertainment Days Sales Outstanding account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ESE Entertainment's Days Sales Outstanding and Price To Sales Ratio is 0.93. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of ESE Entertainment, assuming nothing else is changed. The correlation between historical values of ESE Entertainment's Days Sales Outstanding 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 Days Sales Outstanding of ESE Entertainment 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 Days Sales Outstanding i.e., ESE Entertainment's Days Sales Outstanding and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Days Sales Outstanding
Price To Sales Ratio
Price to Sales Ratio is figured by comparing ESE Entertainment stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ESE Entertainment sales, a figure that is much harder to manipulate than other ESE Entertainment 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 ESE Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ESE Entertainment 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 ESE Entertainment. 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, ESE Entertainment's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 12.9 M in 2024, despite the fact that Tax Provision is likely to grow to (48.4 K).
ESE Entertainment fundamental ratios Correlations
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ESE Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ESE Entertainment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 842.1K | 15.9M | 21.5M | 9.1M | 10.5M | 8.7M | |
Other Current Liab | 82.8K | 118.0K | 6.2M | 1.8M | 2.1M | 1.5M | |
Total Current Liabilities | 378.5K | 1.3M | 13.9M | 6.4M | 7.4M | 4.1M | |
Total Stockholder Equity | 463.6K | 14.5M | 2.7M | 3.6M | 4.1M | 3.9M | |
Net Debt | (550.0K) | (4.6M) | 5.6M | 1.2M | 1.4M | 1.4M | |
Retained Earnings | (4.0M) | (21.2M) | (50.6M) | (57.0M) | (51.3M) | (48.7M) | |
Cash | 550.0K | 4.8M | 812.2K | 2.1M | 2.4M | 1.6M | |
Cash And Short Term Investments | 550.0K | 4.8M | 1.1M | 2.1M | 2.4M | 1.6M | |
Common Stock Shares Outstanding | 26.8M | 45.5M | 64.2M | 72.8M | 83.7M | 87.9M | |
Liabilities And Stockholders Equity | 842.1K | 15.9M | 21.5M | 9.1M | 10.5M | 8.7M | |
Total Liab | 378.5K | 1.4M | 19.2M | 6.4M | 7.4M | 5.1M | |
Total Current Assets | 842.1K | 6.5M | 11.8M | 4.6M | 5.3M | 4.4M | |
Accumulated Other Comprehensive Income | 6.0K | (107.1K) | (139.5K) | 2.2M | 2.6M | 2.7M | |
Common Stock | 4.1M | 28.7M | 44.3M | 52.3M | 60.1M | 63.1M | |
Accounts Payable | 180.7K | 882.8K | 5.2M | 1.3M | 1.5M | 1.7M | |
Net Receivables | 265.6K | 834.1K | 9.6M | 2.3M | 2.6M | 2.9M | |
Other Stockholder Equity | 355.4K | 7.1M | 9.1M | 6.0M | 6.9M | 5.0M | |
Net Invested Capital | 463.6K | 14.5M | 7.9M | 6.8M | 7.8M | 6.6M | |
Capital Stock | 4.1M | 28.7M | 44.3M | 52.3M | 60.1M | 63.1M | |
Net Working Capital | 463.6K | 5.2M | (2.1M) | (1.8M) | (1.7M) | (1.6M) |
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Additional Tools for ESE Stock Analysis
When running ESE Entertainment's price analysis, check to measure ESE Entertainment'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 ESE Entertainment is operating at the current time. Most of ESE Entertainment's value examination focuses on studying past and present price action to predict the probability of ESE Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESE Entertainment's price. Additionally, you may evaluate how the addition of ESE Entertainment to your portfolios can decrease your overall portfolio volatility.