Hanryu Price To Sales Ratio vs Days Of Inventory On Hand Analysis
HRYU Stock | 0.24 0.01 4.35% |
Hanryu Holdings, financial indicator trend analysis is much more than just examining Hanryu Holdings, Common latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hanryu Holdings, Common is a good investment. Please check the relationship between Hanryu Holdings, Price To Sales Ratio and its Days Of Inventory On Hand accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanryu Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Price To Sales Ratio vs Days Of Inventory On Hand
Price To Sales Ratio vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hanryu Holdings, Common Price To Sales Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have pay attention.
The correlation between Hanryu Holdings,'s Price To Sales Ratio and Days Of Inventory On Hand is -0.78. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Hanryu Holdings, Common, assuming nothing else is changed. The correlation between historical values of Hanryu Holdings,'s Price To Sales Ratio and Days Of Inventory On Hand 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 Hanryu Holdings, Common are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Price To Sales Ratio i.e., Hanryu Holdings,'s Price To Sales Ratio and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Hanryu Holdings, Common stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hanryu Holdings, sales, a figure that is much harder to manipulate than other Hanryu Holdings, Common 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.Days Of Inventory On Hand
Most indicators from Hanryu Holdings,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hanryu Holdings, Common 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 Hanryu Holdings, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. Issuance Of Capital Stock is likely to gain to about 10.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 266.0K | 8.9K | 12.0K | 11.4K | Depreciation And Amortization | 117.6K | 470.5K | 541.0K | 568.1K |
Hanryu Holdings, fundamental ratios Correlations
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Hanryu Holdings, Account Relationship Matchups
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Additional Tools for Hanryu Stock Analysis
When running Hanryu Holdings,'s price analysis, check to measure Hanryu Holdings,'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 Hanryu Holdings, is operating at the current time. Most of Hanryu Holdings,'s value examination focuses on studying past and present price action to predict the probability of Hanryu Holdings,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanryu Holdings,'s price. Additionally, you may evaluate how the addition of Hanryu Holdings, to your portfolios can decrease your overall portfolio volatility.