Highest Capex To Depreciation vs Price To Sales Ratio Analysis
| HPH Stock | 0.34 0.01 3.03% |
Highest Performances financial indicator trend analysis is much more than just examining Highest Performances latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Highest Performances is a good investment. Please check the relationship between Highest Performances Capex To Depreciation and its Price To Sales Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highest Performances Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Capex To Depreciation vs Price To Sales Ratio
Capex To Depreciation vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Highest Performances Capex To Depreciation account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Highest Performances' Capex To Depreciation and Price To Sales Ratio is 0.3. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Highest Performances Holdings, assuming nothing else is changed. The correlation between historical values of Highest Performances' Capex To Depreciation 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 Capex To Depreciation of Highest Performances Holdings 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 Capex To Depreciation i.e., Highest Performances' Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.3 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Highest Performances stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Highest Performances sales, a figure that is much harder to manipulate than other Highest Performances Holdings 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 Highest Performances' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Highest Performances 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 Highest Performances Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. As of now, Highest Performances' Tax Provision is increasing as compared to previous years. The Highest Performances' current Selling General Administrative is estimated to increase to about 394.9 M, while Issuance Of Capital Stock is projected to decrease to under 27.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 7.5M | 8.6M | 16.6M | 12.0M | Net Interest Income | 7.5M | 8.6M | 16.6M | 12.0M |
Highest Performances fundamental ratios Correlations
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Highest Performances Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Highest Performances offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highest Performances' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Highest Performances Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highest Performances Holdings Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highest Performances Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Asset Management & Custody Banks 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 Highest Performances. If investors know Highest 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 Highest Performances listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.10) | Revenue Per Share 1.32 | Quarterly Revenue Growth (0.48) | Return On Assets (0.01) | Return On Equity (0.03) |
The market value of Highest Performances is measured differently than its book value, which is the value of Highest that is recorded on the company's balance sheet. Investors also form their own opinion of Highest Performances' value that differs from its market value or its book value, called intrinsic value, which is Highest Performances' 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 Highest Performances' market value can be influenced by many factors that don't directly affect Highest Performances' 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 Highest Performances' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highest Performances is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highest Performances' 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.