Hannan Price To Sales Ratio vs Free Cash Flow Yield Analysis

HAN Stock

CAD 0.49 0.02 3.92%

Hannan Metals financial indicator trend analysis is much more than just examining Hannan Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hannan Metals is a good investment. Please check the relationship between Hannan Metals Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hannan Metals. 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 Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hannan Metals Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Hannan Metals' Price To Sales Ratio and Free Cash Flow Yield is 0.57. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Hannan Metals, assuming nothing else is changed. The correlation between historical values of Hannan Metals' Price To Sales Ratio and Free Cash Flow Yield 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 Hannan Metals are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Hannan Metals' Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Hannan Metals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hannan Metals sales, a figure that is much harder to manipulate than other Hannan Metals 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.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Hannan Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hannan Metals 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 Hannan Metals. 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, Hannan Metals' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 20.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 65.7 K in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	898.2K	1.6M	1.9M	1.1M
Depreciation And Amortization	6.5K	4.5K	5.2K	4.9K

Other Operating Expenses Depreciation And Amortization

Hannan Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Current Deferred Revenue	Net Tangible Assets	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		-0.45	0.97	0.97	-0.86	0.69	0.46	0.91	0.97	0.0	0.84	-0.11	0.91	0.48	0.87	-0.37	-0.53	0.91	-0.47	-0.37	-0.47	0.32	0.89	0.25	-0.63	0.84
Total Current Liabilities	-0.45		-0.63	-0.53	0.67	-0.59	0.49	-0.35	-0.54	-0.15	-0.37	-0.17	-0.44	-0.72	-0.36	0.38	0.99	-0.37	0.81	0.7	0.82	-0.92	-0.44	0.13	0.55	-0.36
Total Stockholder Equity	0.97	-0.63		0.96	-0.89	0.76	0.27	0.89	0.95	0.03	0.77	-0.04	0.86	0.58	0.8	-0.4	-0.7	0.89	-0.6	-0.49	-0.6	0.51	0.84	0.14	-0.69	0.77
Property Plant And Equipment Net	0.97	-0.53	0.96		-0.85	0.65	0.41	0.83	0.99	0.04	0.8	-0.26	0.92	0.6	0.86	-0.42	-0.58	0.82	-0.51	-0.4	-0.51	0.34	0.88	0.37	-0.59	0.86
Net Debt	-0.86	0.67	-0.89	-0.85		-0.65	-0.17	-0.75	-0.88	0.15	-0.87	-0.05	-0.87	-0.52	-0.84	0.22	0.74	-0.76	0.77	0.33	0.77	-0.51	-0.89	-0.12	0.6	-0.82
Retained Earnings	0.69	-0.59	0.76	0.65	-0.65		0.21	0.53	0.66	0.31	0.47	0.33	0.59	0.22	0.56	-0.44	-0.66	0.56	-0.6	-0.46	-0.59	0.46	0.61	-0.3	-0.99	0.48
Accounts Payable	0.46	0.49	0.27	0.41	-0.17	0.21		0.33	0.4	0.0	0.39	-0.28	0.46	-0.32	0.47	-0.01	0.41	0.32	0.21	0.4	0.23	-0.65	0.44	0.32	-0.24	0.49
Cash	0.91	-0.35	0.89	0.83	-0.75	0.53	0.33		0.81	-0.19	0.69	-0.01	0.71	0.38	0.66	-0.31	-0.43	1.0	-0.36	-0.31	-0.36	0.29	0.68	0.1	-0.44	0.6
Non Current Assets Total	0.97	-0.54	0.95	0.99	-0.88	0.66	0.4	0.81		0.02	0.85	-0.22	0.95	0.58	0.9	-0.43	-0.6	0.81	-0.53	-0.41	-0.52	0.35	0.92	0.36	-0.61	0.9
Non Currrent Assets Other	0.0	-0.15	0.03	0.04	0.15	0.31	0.0	-0.19	0.02		-0.27	0.0	-0.1	0.19	-0.12	-0.19	-0.08	-0.19	-0.08	-0.07	-0.13	0.16	-0.11	0.0	-0.36	-0.11
Cash And Short Term Investments	0.84	-0.37	0.77	0.8	-0.87	0.47	0.39	0.69	0.85	-0.27		-0.04	0.94	0.39	0.94	-0.3	-0.46	0.7	-0.39	-0.33	-0.39	0.25	0.97	0.31	-0.42	0.94
Net Receivables	-0.11	-0.17	-0.04	-0.26	-0.05	0.33	-0.28	-0.01	-0.22	0.0	-0.04		-0.23	-0.43	-0.18	-0.21	-0.21	0.05	-0.12	-0.21	-0.14	0.26	-0.1	-0.92	-0.32	-0.29
Common Stock Shares Outstanding	0.91	-0.44	0.86	0.92	-0.87	0.59	0.46	0.71	0.95	-0.1	0.94	-0.23		0.51	0.95	-0.33	-0.52	0.71	-0.46	-0.35	-0.45	0.27	0.98	0.42	-0.55	0.97
Inventory	0.48	-0.72	0.58	0.6	-0.52	0.22	-0.32	0.38	0.58	0.19	0.39	-0.43	0.51		0.44	-0.23	-0.69	0.36	-0.5	-0.57	-0.52	0.72	0.44	0.51	-0.17	0.47
Other Current Assets	0.87	-0.36	0.8	0.86	-0.84	0.56	0.47	0.66	0.9	-0.12	0.94	-0.18	0.95	0.44		-0.33	-0.45	0.66	-0.41	-0.31	-0.4	0.21	0.97	0.4	-0.53	0.96
Other Stockholder Equity	-0.37	0.38	-0.4	-0.42	0.22	-0.44	-0.01	-0.31	-0.43	-0.19	-0.3	-0.21	-0.33	-0.23	-0.33		0.35	-0.32	0.0	0.64	0.01	-0.25	-0.35	0.1	0.42	-0.26
Total Liab	-0.53	0.99	-0.7	-0.58	0.74	-0.66	0.41	-0.43	-0.6	-0.08	-0.46	-0.21	-0.52	-0.69	-0.45	0.35		-0.45	0.83	0.7	0.83	-0.91	-0.53	0.15	0.61	-0.43
Total Current Assets	0.91	-0.37	0.89	0.82	-0.76	0.56	0.32	1.0	0.81	-0.19	0.7	0.05	0.71	0.36	0.66	-0.32	-0.45		-0.37	-0.33	-0.38	0.31	0.68	0.05	-0.47	0.6
Short Long Term Debt Total	-0.47	0.81	-0.6	-0.51	0.77	-0.6	0.21	-0.36	-0.53	-0.08	-0.39	-0.12	-0.46	-0.5	-0.41	0.0	0.83	-0.37		0.19	1.0	-0.64	-0.47	0.1	0.56	-0.4
Other Current Liab	-0.37	0.7	-0.49	-0.4	0.33	-0.46	0.4	-0.31	-0.41	-0.07	-0.33	-0.21	-0.35	-0.57	-0.31	0.64	0.7	-0.33	0.19		0.19	-0.77	-0.36	0.13	0.42	-0.28
Short Term Debt	-0.47	0.82	-0.6	-0.51	0.77	-0.59	0.23	-0.36	-0.52	-0.13	-0.39	-0.14	-0.45	-0.52	-0.4	0.01	0.83	-0.38	1.0	0.19		-0.66	-0.46	0.1	0.55	-0.38
Current Deferred Revenue	0.32	-0.92	0.51	0.34	-0.51	0.46	-0.65	0.29	0.35	0.16	0.25	0.26	0.27	0.72	0.21	-0.25	-0.91	0.31	-0.64	-0.77	-0.66		0.28	-0.21	-0.41	0.18
Net Tangible Assets	0.89	-0.44	0.84	0.88	-0.89	0.61	0.44	0.68	0.92	-0.11	0.97	-0.1	0.98	0.44	0.97	-0.35	-0.53	0.68	-0.47	-0.36	-0.46	0.28		0.32	-0.58	0.98
Intangible Assets	0.25	0.13	0.14	0.37	-0.12	-0.3	0.32	0.1	0.36	0.0	0.31	-0.92	0.42	0.51	0.4	0.1	0.15	0.05	0.1	0.13	0.1	-0.21	0.32		0.3	0.5
Common Stock	-0.63	0.55	-0.69	-0.59	0.6	-0.99	-0.24	-0.44	-0.61	-0.36	-0.42	-0.32	-0.55	-0.17	-0.53	0.42	0.61	-0.47	0.56	0.42	0.55	-0.41	-0.58	0.3		-0.45
Property Plant Equipment	0.84	-0.36	0.77	0.86	-0.82	0.48	0.49	0.6	0.9	-0.11	0.94	-0.29	0.97	0.47	0.96	-0.26	-0.43	0.6	-0.4	-0.28	-0.38	0.18	0.98	0.5	-0.45

Click cells to compare fundamentals

Hannan Metals Account Relationship Matchups

Hannan Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.5M	7.2M	8.3M	11.7M	6.9M	6.6M
Total Current Liabilities	469.5K	238.0K	283.5K	347.5K	325.2K	308.9K
Total Stockholder Equity	6.0M	7.0M	8.1M	11.4M	6.6M	4.4M
Property Plant And Equipment Net	4.7M	5.4M	5.9M	8.3M	5.8M	4.8M
Net Debt	(1.5M)	(1.8M)	(2.4M)	(3.3M)	(3.0M)	(2.8M)
Retained Earnings	(8.8M)	(10.3M)	(11.2M)	(12.9M)	(18.6M)	(19.6M)
Accounts Payable	234.6K	238.0K	283.5K	347.5K	325.2K	247.1K
Cash	1.7M	1.8M	2.4M	3.3M	945.4K	949.8K
Non Current Assets Total	4.7M	5.4M	5.9M	8.3M	5.8M	6.1M
Cash And Short Term Investments	1.7M	1.8M	2.4M	3.3M	3.8M	4.0M
Net Receivables	9.2K	16.2K	6.7K	23.7K	21.3K	21.4K
Common Stock Shares Outstanding	60.1M	80.9M	91.4M	99.6M	109.6M	115.0M
Liabilities And Stockholders Equity	6.5M	7.2M	8.3M	11.7M	13.5M	14.1M
Other Current Assets	85.9K	72.3K	56.7K	97.8K	112.5K	118.1K
Other Stockholder Equity	4.3M	4.3M	4.3M	5.0M	4.5M	4.2M
Total Liab	469.5K	238.0K	283.5K	347.5K	325.2K	308.9K
Total Current Assets	1.8M	1.9M	2.4M	3.4M	1.1M	1.0M
Other Current Liab	20K	51.1K	49.9K	33.2K	29.9K	28.4K
Accumulated Other Comprehensive Income	4.3M	4.3M	4.3M	5.0M	5.7M	3.8M
Net Tangible Assets	6.0M	7.0M	8.1M	11.4M	13.1M	13.7M
Common Stock	10.5M	13.0M	15.0M	19.3M	17.4M	19.6M
Property Plant Equipment	4.7M	5.4M	5.9M	8.3M	9.5M	10.0M
Net Invested Capital	6.2M	7.0M	8.1M	11.4M	6.6M	6.7M
Net Working Capital	1.3M	1.7M	2.2M	3.1M	737.9K	1.2M
Capital Stock	10.5M	13.0M	15.0M	19.3M	19.4M	15.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Hannan Stock Analysis

When running Hannan Metals' price analysis, check to measure Hannan Metals' 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 Hannan Metals is operating at the current time. Most of Hannan Metals' value examination focuses on studying past and present price action to predict the probability of Hannan Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannan Metals' price. Additionally, you may evaluate how the addition of Hannan Metals to your portfolios can decrease your overall portfolio volatility.

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