Gungnir Ev To Sales vs Book Value Per Share Analysis

GUG Stock  CAD 0.03  0.01  16.67%   
Gungnir Resources financial indicator trend analysis is much more than just examining Gungnir Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gungnir Resources is a good investment. Please check the relationship between Gungnir Resources Ev To Sales and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gungnir Resources. 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.

Ev To Sales vs Book Value Per Share

Ev To Sales vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gungnir Resources Ev To Sales account and Book Value Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Gungnir Resources' Ev To Sales and Book Value Per Share is -0.81. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Gungnir Resources, assuming nothing else is changed. The correlation between historical values of Gungnir Resources' Ev To Sales and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Gungnir Resources are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ev To Sales i.e., Gungnir Resources' Ev To Sales and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

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.
Most indicators from Gungnir Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gungnir Resources 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gungnir Resources. 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.
Enterprise Value is likely to climb to about 10 M in 2024, whereas Selling General Administrative is likely to drop slightly above 630.7 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income114.08.2K39.5K41.5K
Net Interest Income114.08.2K39.5K41.5K

Gungnir Resources fundamental ratios Correlations

1.0-0.250.45-0.010.340.990.120.53-0.07-0.110.990.750.68-0.060.750.340.090.03-0.210.97-0.150.970.010.07-0.14
1.0-0.240.450.010.320.990.110.51-0.08-0.110.990.760.69-0.050.740.320.10.03-0.220.97-0.150.97-0.010.04-0.12
-0.25-0.240.010.68-0.51-0.33-0.77-0.72-0.320.72-0.33-0.23-0.020.72-0.32-0.510.68-0.66-0.21-0.160.62-0.3-0.58-0.540.87
0.450.450.010.370.540.43-0.17-0.1-0.290.170.430.540.450.160.80.540.31-0.01-0.340.48-0.280.48-0.220.29-0.06
-0.010.010.680.37-0.32-0.06-0.46-0.83-0.60.46-0.050.250.40.480.0-0.320.51-0.23-0.490.20.070.09-0.7-0.630.49
0.340.32-0.510.54-0.320.360.220.450.36-0.20.360.150.02-0.20.711.0-0.150.3-0.10.24-0.30.320.460.84-0.54
0.990.99-0.330.43-0.060.360.250.56-0.04-0.251.00.770.67-0.20.730.36-0.050.03-0.250.95-0.250.980.020.08-0.25
0.120.11-0.77-0.17-0.460.220.250.480.22-0.990.250.260.02-0.980.080.22-0.960.24-0.140.06-0.650.220.240.22-0.89
0.530.51-0.72-0.1-0.830.450.560.480.49-0.470.560.160.01-0.460.390.45-0.410.230.30.34-0.080.420.620.59-0.48
-0.07-0.08-0.32-0.29-0.60.36-0.040.220.49-0.22-0.05-0.19-0.33-0.24-0.060.36-0.290.120.24-0.210.2-0.150.590.51-0.29
-0.11-0.110.720.170.46-0.2-0.25-0.99-0.47-0.22-0.25-0.25-0.010.99-0.07-0.20.96-0.130.17-0.040.64-0.21-0.22-0.20.87
0.990.99-0.330.43-0.050.361.00.250.56-0.05-0.250.770.67-0.20.740.36-0.050.03-0.250.95-0.250.980.020.08-0.25
0.750.76-0.230.540.250.150.770.260.16-0.19-0.250.770.9-0.210.630.15-0.030.1-0.340.81-0.480.83-0.21-0.16-0.28
0.680.69-0.020.450.40.020.670.020.01-0.33-0.010.670.90.010.480.020.180.05-0.270.77-0.30.74-0.28-0.27-0.02
-0.06-0.050.720.160.48-0.2-0.2-0.98-0.46-0.240.99-0.2-0.210.01-0.03-0.20.98-0.140.140.020.62-0.15-0.23-0.250.87
0.750.74-0.320.80.00.710.730.080.39-0.06-0.070.740.630.48-0.030.710.130.13-0.220.69-0.30.720.070.44-0.27
0.340.32-0.510.54-0.321.00.360.220.450.36-0.20.360.150.02-0.20.71-0.150.3-0.10.24-0.30.320.460.84-0.54
0.090.10.680.310.51-0.15-0.05-0.96-0.41-0.290.96-0.05-0.030.180.980.13-0.15-0.140.070.170.560.0-0.25-0.230.83
0.030.03-0.66-0.01-0.230.30.030.240.230.12-0.130.030.10.05-0.140.130.3-0.140.270.07-0.410.110.320.25-0.43
-0.21-0.22-0.21-0.34-0.49-0.1-0.25-0.140.30.240.17-0.25-0.34-0.270.14-0.22-0.10.070.27-0.290.1-0.310.480.170.12
0.970.97-0.160.480.20.240.950.060.34-0.21-0.040.950.810.770.020.690.240.170.07-0.29-0.20.98-0.13-0.11-0.07
-0.15-0.150.62-0.280.07-0.3-0.25-0.65-0.080.20.64-0.25-0.48-0.30.62-0.3-0.30.56-0.410.1-0.2-0.34-0.05-0.060.79
0.970.97-0.30.480.090.320.980.220.42-0.15-0.210.980.830.74-0.150.720.320.00.11-0.310.98-0.34-0.07-0.03-0.25
0.01-0.01-0.58-0.22-0.70.460.020.240.620.59-0.220.02-0.21-0.28-0.230.070.46-0.250.320.48-0.13-0.05-0.070.62-0.42
0.070.04-0.540.29-0.630.840.080.220.590.51-0.20.08-0.16-0.27-0.250.440.84-0.230.250.17-0.11-0.06-0.030.62-0.45
-0.14-0.120.87-0.060.49-0.54-0.25-0.89-0.48-0.290.87-0.25-0.28-0.020.87-0.27-0.540.83-0.430.12-0.070.79-0.25-0.42-0.45
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Gungnir Resources Account Relationship Matchups

Gungnir Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4M3.5M3.9M5.7M5.1M4.9M
Total Stockholder Equity3.2M3.4M3.9M5.7M5.0M4.6M
Common Stock Shares Outstanding66.1M69.2M83.8M114.2M119.6M125.6M
Liabilities And Stockholders Equity3.4M3.5M3.9M5.7M5.1M4.9M
Other Stockholder Equity6.7M6.8M6.8M6.8M6.8M8.4M
Common Stock30.2M30.6M31.8M33.4M38.4M30.4M
Total Current Liabilities132.5K24.3K50.3K51.4K49.5K47.0K
Property Plant And Equipment Net1.8M2.1M2.7M3.2M3.7M4.1M
Net Debt(1.6M)(1.2M)(1.2M)(2.5M)(1.3M)(1.2M)
Retained Earnings(34.3M)(34.9M)(35.8M)(36.8M)(37.5M)(35.6M)
Accounts Payable19.7K24.3K50.3K51.4K46.3K44.0K
Cash1.6M1.2M1.2M2.5M1.3M873.1K
Non Current Assets Total1.8M2.2M2.7M3.2M3.8M4.1M
Non Currrent Assets Other23.5K39.3K35.8K28.9K29.6K33.3K
Other Assets23.5K39.3K35.8K28.9K33.2K27.2K
Cash And Short Term Investments1.6M1.2M1.2M2.5M1.3M958.0K
Net Receivables9.6K12.0K7.4K18.0K10.7K10.2K
Total Liab132.5K24.3K50.3K51.4K49.5K47.0K
Total Current Assets1.6M1.3M1.2M2.5M1.3M1.1M
Accumulated Other Comprehensive Income558.9K960.4K1.1M2.3M2.3M2.4M
Net Tangible Assets3.2M3.4M3.9M5.7M5.1M3.3M
Long Term Investments11.6K11.6K11.5K29.2K29.6K17.5K
Property Plant Equipment1.8M2.1M2.7M3.2M2.8M2.6M
Short Term Investments690.8K489.9K1.0M11.5K10.4K9.8K
Other Current Liab132.5K24.3K50.3K51.4K49.5K47.0K
Net Invested Capital3.2M3.4M3.9M5.7M5.0M3.9M
Net Working Capital1.4M1.3M1.2M2.5M1.3M1.4M
Capital Stock30.2M30.6M31.8M33.4M38.4M34.8M

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