Focus Price To Sales Ratio vs Pb Ratio Analysis
FMS Stock | CAD 0.08 0.01 11.11% |
Focus Graphite financial indicator trend analysis is much more than just examining Focus Graphite latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Focus Graphite is a good investment. Please check the relationship between Focus Graphite 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 Focus Graphite. 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 Focus Graphite Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Focus Graphite's Price To Sales Ratio and Pb Ratio is 0.99. 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 Focus Graphite, assuming nothing else is changed. The correlation between historical values of Focus Graphite'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 Focus Graphite 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., Focus Graphite's Price To Sales Ratio and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Focus Graphite stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Focus Graphite sales, a figure that is much harder to manipulate than other Focus Graphite 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 Focus Graphite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Focus Graphite 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 Focus Graphite. 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. Selling General Administrative is likely to climb to about 3.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 720.4 K in 2024.
Focus Graphite fundamental ratios Correlations
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Focus Graphite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Focus Graphite fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 28.7M | 35.6M | 39.8M | 38.9M | 44.7M | 25.6M | |
Total Current Liabilities | 6.4M | 5.8M | 6.0M | 5.2M | 5.9M | 3.2M | |
Total Stockholder Equity | 22.3M | 29.7M | 33.7M | 33.6M | 38.6M | 22.1M | |
Net Debt | 1.8M | (2.5M) | (1.4M) | (77.7K) | (89.4K) | (93.8K) | |
Retained Earnings | (51.8M) | (54.9M) | (59.7M) | (61.6M) | (55.4M) | (52.7M) | |
Cash | 877.9K | 4.9M | 1.5M | 137.7K | 123.9K | 117.7K | |
Cash And Short Term Investments | 877.9K | 4.9M | 1.5M | 137.7K | 123.9K | 117.7K | |
Common Stock Shares Outstanding | 37.4M | 44.1M | 53.7M | 57.3M | 65.9M | 69.2M | |
Liabilities And Stockholders Equity | 28.7M | 35.6M | 39.8M | 38.9M | 44.7M | 25.6M | |
Other Stockholder Equity | 13.3M | 14.7M | 18.9M | 19.6M | 22.5M | 22.6M | |
Total Liab | 6.5M | 5.9M | 6.1M | 5.3M | 6.1M | 3.5M | |
Total Current Assets | 2.2M | 5.8M | 3.3M | 378.7K | 340.9K | 323.8K | |
Property Plant And Equipment Net | 24.8M | 28.0M | 35.3M | 37.8M | 43.5M | 23.3M | |
Non Current Assets Total | 26.5M | 29.8M | 36.6M | 38.5M | 44.3M | 24.9M | |
Non Currrent Assets Other | 1.7M | 1.9M | 1.2M | 701.9K | 807.2K | 766.9K | |
Net Receivables | 1.3M | 783.1K | 1.8M | 128.3K | 147.6K | 140.2K | |
Other Current Liab | 4.5M | 3.4M | 3.5M | 3.4M | 3.9M | 2.4M | |
Accounts Payable | 1.9M | 2.4M | 2.6M | 1.7M | 2.0M | 2.1M | |
Net Tangible Assets | 27.7M | 22.3M | 29.7M | 33.7M | 38.8M | 30.5M | |
Property Plant Equipment | 33.5M | 24.8M | 28.0M | 35.3M | 40.7M | 30.9M | |
Other Current Assets | 29.3K | 42.0K | 13.9K | 112.7K | 101.4K | 173.2K | |
Net Invested Capital | 22.3M | 29.7M | 33.8M | 33.7M | 38.7M | 32.2M | |
Net Working Capital | (4.2M) | (34.3K) | (2.7M) | (4.8M) | (4.3M) | (4.1M) |
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Additional Tools for Focus Stock Analysis
When running Focus Graphite's price analysis, check to measure Focus Graphite'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 Focus Graphite is operating at the current time. Most of Focus Graphite's value examination focuses on studying past and present price action to predict the probability of Focus Graphite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Focus Graphite's price. Additionally, you may evaluate how the addition of Focus Graphite to your portfolios can decrease your overall portfolio volatility.