International Days Sales Outstanding vs Price To Sales Ratio Analysis

IPCO Stock

CAD 15.85 0.12 0.76%

International Petroleum financial indicator trend analysis is infinitely more than just investigating International Petroleum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Petroleum is a good investment. Please check the relationship between International Petroleum Days Sales Outstanding 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 International Petroleum Corp. 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.

Days Sales Outstanding vs Price To Sales Ratio

Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Petroleum Days Sales Outstanding account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between International Petroleum's Days Sales Outstanding and Price To Sales Ratio is -0.46. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of International Petroleum Corp, assuming nothing else is changed. The correlation between historical values of International Petroleum's Days Sales Outstanding 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 Days Sales Outstanding of International Petroleum Corp 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 Days Sales Outstanding i.e., International Petroleum's Days Sales Outstanding and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Days Sales Outstanding

Price To Sales Ratio

Price to Sales Ratio is figured by comparing International Petroleum stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on International Petroleum sales, a figure that is much harder to manipulate than other International Petroleum Corp 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 International Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Petroleum 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 International Petroleum Corp. 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, International Petroleum's Tax Provision is very stable compared to the past year. As of the 24th of November 2024, Enterprise Value Over EBITDA is likely to grow to 4.70, while Selling General Administrative is likely to drop about 13.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	24.4M	31.4M	39.0M	20.5M
Depreciation And Amortization	130.8M	134.4M	111.3M	124.2M

Interest Expense Depreciation And Amortization

International Petroleum fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment
Common Stock Shares Outstanding		0.6	0.39	0.47	0.64	0.59	0.62	0.64	0.2	0.44	0.32	0.66	0.7	0.63	0.32	-0.27	0.53	-0.69	-0.17	-0.46	0.53	0.73	0.6	0.35	-0.14	0.66
Total Assets	0.6		0.92	0.96	0.95	0.99	0.95	0.92	0.07	0.81	0.71	0.91	0.85	0.62	0.71	0.18	0.96	-0.7	0.24	-0.55	0.97	0.89	0.92	0.73	-0.45	0.88
Other Current Liab	0.39	0.92		0.98	0.89	0.92	0.89	0.75	-0.2	0.78	0.78	0.73	0.79	0.36	0.78	0.25	0.85	-0.51	0.44	-0.4	0.88	0.72	0.9	0.8	-0.54	0.68
Total Current Liabilities	0.47	0.96	0.98		0.9	0.96	0.9	0.82	-0.09	0.81	0.77	0.8	0.82	0.46	0.77	0.23	0.92	-0.59	0.35	-0.48	0.95	0.79	0.91	0.79	-0.57	0.75
Total Stockholder Equity	0.64	0.95	0.89	0.9		0.92	1.0	0.89	-0.05	0.73	0.67	0.87	0.83	0.55	0.67	-0.04	0.82	-0.56	0.19	-0.35	0.85	0.82	0.93	0.69	-0.26	0.85
Other Liab	0.59	0.99	0.92	0.96	0.92		0.92	0.91	0.12	0.81	0.69	0.91	0.85	0.67	0.69	0.28	0.97	-0.76	0.26	-0.63	0.98	0.91	0.92	0.72	-0.5	0.87
Net Tangible Assets	0.62	0.95	0.89	0.9	1.0	0.92		0.88	-0.05	0.71	0.65	0.86	0.8	0.53	0.65	-0.04	0.82	-0.54	0.18	-0.34	0.85	0.79	0.93	0.66	-0.27	0.84
Property Plant And Equipment Net	0.64	0.92	0.75	0.82	0.89	0.91	0.88		0.38	0.72	0.47	1.0	0.72	0.8	0.47	0.15	0.89	-0.7	-0.05	-0.49	0.89	0.9	0.78	0.5	-0.16	0.99
Net Debt	0.2	0.07	-0.2	-0.09	-0.05	0.12	-0.05	0.38		-0.13	-0.52	0.42	-0.16	0.7	-0.52	0.32	0.21	-0.36	-0.53	-0.32	0.16	0.27	-0.14	-0.49	0.34	0.45
Accounts Payable	0.44	0.81	0.78	0.81	0.73	0.81	0.71	0.72	-0.13		0.88	0.71	0.88	0.42	0.88	0.18	0.81	-0.64	0.22	-0.55	0.82	0.82	0.73	0.9	-0.62	0.64
Cash	0.32	0.71	0.78	0.77	0.67	0.69	0.65	0.47	-0.52	0.88		0.44	0.84	0.12	1.0	0.1	0.66	-0.49	0.57	-0.4	0.69	0.62	0.72	1.0	-0.72	0.38
Non Current Assets Total	0.66	0.91	0.73	0.8	0.87	0.91	0.86	1.0	0.42	0.71	0.44		0.72	0.83	0.44	0.17	0.89	-0.72	-0.07	-0.52	0.88	0.91	0.77	0.47	-0.16	0.99
Non Currrent Assets Other	0.7	0.85	0.79	0.82	0.83	0.85	0.8	0.72	-0.16	0.88	0.84	0.72		0.55	0.84	0.09	0.79	-0.74	0.24	-0.62	0.81	0.89	0.9	0.87	-0.61	0.67
Other Assets	0.63	0.62	0.36	0.46	0.55	0.67	0.53	0.8	0.7	0.42	0.12	0.83	0.55		0.12	0.35	0.67	-0.8	-0.21	-0.67	0.64	0.83	0.54	0.16	-0.05	0.84
Cash And Short Term Investments	0.32	0.71	0.78	0.77	0.67	0.69	0.65	0.47	-0.52	0.88	1.0	0.44	0.84	0.12		0.1	0.66	-0.49	0.57	-0.4	0.69	0.62	0.72	1.0	-0.72	0.38
Net Receivables	-0.27	0.18	0.25	0.23	-0.04	0.28	-0.04	0.15	0.32	0.18	0.1	0.17	0.09	0.35	0.1		0.36	-0.43	0.42	-0.59	0.34	0.27	0.13	0.12	-0.42	0.15
Non Current Liabilities Total	0.53	0.96	0.85	0.92	0.82	0.97	0.82	0.89	0.21	0.81	0.66	0.89	0.79	0.67	0.66	0.36		-0.8	0.25	-0.7	1.0	0.9	0.82	0.69	-0.56	0.85
Inventory	-0.69	-0.7	-0.51	-0.59	-0.56	-0.76	-0.54	-0.7	-0.36	-0.64	-0.49	-0.72	-0.74	-0.8	-0.49	-0.43	-0.8		-0.22	0.91	-0.77	-0.9	-0.63	-0.52	0.51	-0.71
Other Current Assets	-0.17	0.24	0.44	0.35	0.19	0.26	0.18	-0.05	-0.53	0.22	0.57	-0.07	0.24	-0.21	0.57	0.42	0.25	-0.22		-0.2	0.27	0.1	0.28	0.55	-0.51	-0.06
Other Stockholder Equity	-0.46	-0.55	-0.4	-0.48	-0.35	-0.63	-0.34	-0.49	-0.32	-0.55	-0.4	-0.52	-0.62	-0.67	-0.4	-0.59	-0.7	0.91	-0.2		-0.67	-0.75	-0.53	-0.44	0.68	-0.48
Total Liab	0.53	0.97	0.88	0.95	0.85	0.98	0.85	0.89	0.16	0.82	0.69	0.88	0.81	0.64	0.69	0.34	1.0	-0.77	0.27	-0.67		0.89	0.85	0.71	-0.56	0.84
Long Term Investments	0.73	0.89	0.72	0.79	0.82	0.91	0.79	0.9	0.27	0.82	0.62	0.91	0.89	0.83	0.62	0.27	0.9	-0.9	0.1	-0.75	0.89		0.82	0.66	-0.43	0.89
Property Plant And Equipment Gross	0.6	0.92	0.9	0.91	0.93	0.92	0.93	0.78	-0.14	0.73	0.72	0.77	0.9	0.54	0.72	0.13	0.82	-0.63	0.28	-0.53	0.85	0.82		0.75	-0.51	0.73
Total Current Assets	0.35	0.73	0.8	0.79	0.69	0.72	0.66	0.5	-0.49	0.9	1.0	0.47	0.87	0.16	1.0	0.12	0.69	-0.52	0.55	-0.44	0.71	0.66	0.75		-0.73	0.41
Common Stock	-0.14	-0.45	-0.54	-0.57	-0.26	-0.5	-0.27	-0.16	0.34	-0.62	-0.72	-0.16	-0.61	-0.05	-0.72	-0.42	-0.56	0.51	-0.51	0.68	-0.56	-0.43	-0.51	-0.73		-0.07
Property Plant Equipment	0.66	0.88	0.68	0.75	0.85	0.87	0.84	0.99	0.45	0.64	0.38	0.99	0.67	0.84	0.38	0.15	0.85	-0.71	-0.06	-0.48	0.84	0.89	0.73	0.41	-0.07

Click cells to compare fundamentals

International Petroleum Account Relationship Matchups

International Petroleum fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	166.3M	158.4M	158.4M	150.0M	132.1M	142.7M
Total Assets	1.4B	1.3B	1.3B	1.7B	2.1B	1.3B
Other Current Liab	81.1M	61.8M	83.4M	125.2M	155.7M	89.3M
Total Current Liabilities	99.6M	97.1M	95.0M	149.9M	202.9M	108.8M
Total Stockholder Equity	790.6M	708.3M	847.4M	965.1M	1.1B	779.7M
Other Liab	227.6M	225.0M	221.0M	259.7M	298.7M	222.7M
Net Tangible Assets	790.6M	708.3M	847.4M	965.1M	1.1B	730.5M
Property Plant And Equipment Net	1.2B	1.1B	1.0B	998.0M	1.3B	1.0B
Net Debt	231.9M	319.7M	93.9M	(174.4M)	(70.1M)	(66.6M)
Accounts Payable	17.7M	11.6M	9.0M	20.5M	42.8M	44.9M
Cash	15.6M	6.5M	18.8M	483.2M	517.1M	542.9M
Non Current Assets Total	1.3B	1.2B	1.1B	1.0B	1.4B	1.1B
Non Currrent Assets Other	17.9M	20.2M	35.8M	41.1M	48.5M	51.0M
Other Assets	75.4M	108.6M	102.9M	43.1M	49.5M	63.2M
Cash And Short Term Investments	15.6M	6.5M	18.8M	483.2M	517.1M	542.9M
Net Receivables	59.4M	51.6M	91.1M	112.7M	97.3M	95.6M
Liabilities And Stockholders Equity	1.4B	1.3B	1.3B	1.7B	2.1B	1.3B
Non Current Liabilities Total	474.2M	527.5M	331.2M	564.4M	779.8M	452.1M
Inventory	17.2M	17.1M	20.2M	16.0M	21.8M	17.2M
Other Current Assets	19.9M	17.3M	21.1M	139.4M	54.5M	58.8M
Other Stockholder Equity	(822K)	1.0	23.8M	(9.5M)	(8.5M)	(8.1M)
Total Liab	573.8M	624.7M	426.1M	714.3M	982.7M	560.9M
Property Plant And Equipment Gross	1.2B	1.1B	2.2B	2.3B	2.7B	1.5B
Total Current Assets	112.0M	92.5M	151.2M	638.6M	690.6M	725.1M
Accumulated Other Comprehensive Income	11.3M	23.8M	20.4M	(9.5M)	41.2M	43.3M
Common Stock	549.3M	532.4M	528.8M	338.7M	230.0M	357.7M
Property Plant Equipment	1.2B	1.1B	1.0B	998.0M	1.1B	970.2M
Short Long Term Debt Total	247.5M	326.2M	112.7M	308.8M	447.0M	280.5M
Retained Earnings	230.0M	152.2M	298.2M	635.9M	808.8M	849.3M
Long Term Debt	244.7M	301.2M	109.2M	304.2M	440.5M	273.9M
Long Term Debt Total	283.7M	246.6M	302.5M	110.2M	126.7M	220.5M
Net Invested Capital	1.0B	1.0B	958.4M	1.3B	1.5B	1.1B
Net Working Capital	12.4M	(4.7M)	56.2M	488.7M	487.7M	512.1M
Capital Stock	549.3M	532.4M	528.8M	338.7M	230.0M	366.2M

Pair Trading with International Petroleum

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if International Petroleum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in International Petroleum will appreciate offsetting losses from the drop in the long position's value.

Moving against International Stock

0.83	ENS	E Split Corp	Pair Corr
0.81	ENB-PFV	Enbridge Pref 5	Pair Corr
0.81	FFH	Fairfax Financial	Pair Corr
0.74	ENS-PA	E Split Corp	Pair Corr
0.65	FFH-PC	Fairfax Fin Hld	Pair Corr

The ability to find closely correlated positions to International Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Petroleum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International Petroleum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International Petroleum Corp to buy it.

The correlation of International Petroleum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Petroleum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for International Petroleum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in International Stock

Balance Sheet is a snapshot of the financial position of International Petroleum at a specified time, usually calculated after every quarter, six months, or one year. International Petroleum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of International Petroleum and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which International currently owns. An asset can also be divided into two categories, current and non-current.

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International Days Sales Outstanding vs Price To Sales Ratio Analysis

Days Sales Outstanding vs Price To Sales Ratio

Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Days Sales Outstanding

Price To Sales Ratio

International Petroleum fundamental ratios Correlations

International Petroleum Account Relationship Matchups

High Positive Relationship

High Negative Relationship

International Petroleum fundamental ratios Accounts

Pair Trading with International Petroleum

Moving against International Stock

Other Information on Investing in International Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Non Current Liabilities Total

Long Term Investments	- 0.9	Inventory
Inventory	- 0.8	Non Current Liabilities Total
Inventory	- 0.8	Other Assets
Total Liab	- 0.77	Inventory
Inventory	- 0.76	Other Liab
Long Term Investments	- 0.75	Other Stockholder Equity