Klondike Ptb Ratio vs Price To Sales Ratio Analysis

KG Stock  CAD 0.07  0.01  7.14%   
Klondike Gold financial indicator trend analysis is infinitely more than just investigating Klondike Gold Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Klondike Gold Corp is a good investment. Please check the relationship between Klondike Gold Ptb Ratio and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Klondike Gold 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.

Ptb Ratio vs Price To Sales Ratio

Ptb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Klondike Gold Corp Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Klondike Gold's Ptb Ratio and Price To Sales Ratio is -0.15. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Klondike Gold Corp, assuming nothing else is changed. The correlation between historical values of Klondike Gold's Ptb Ratio 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 Ptb Ratio of Klondike Gold 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 Ptb Ratio i.e., Klondike Gold's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Klondike Gold Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Klondike Gold sales, a figure that is much harder to manipulate than other Klondike Gold 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 Klondike Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Klondike Gold Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Klondike Gold 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, Klondike Gold's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 28.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.7 M in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation143.2K142.2K163.6K135.0K
Interest Income11.7K22.9K51.8K26.6K

Klondike Gold fundamental ratios Correlations

0.031.00.39-0.3-0.74-0.640.340.990.530.34-0.380.980.470.40.290.340.81-0.10.54-0.260.110.65-0.53-0.450.93
0.030.0-0.03-0.01-0.080.060.110.00.030.110.70.040.040.280.810.150.020.130.09-0.03-0.120.150.050.340.01
1.00.00.38-0.3-0.74-0.640.340.990.540.34-0.40.980.470.380.270.340.81-0.110.53-0.260.10.64-0.53-0.460.93
0.39-0.030.38-0.28-0.29-0.30.340.34-0.570.340.010.290.050.670.370.380.560.410.50.110.040.640.1-0.330.65
-0.3-0.01-0.3-0.280.240.35-0.99-0.140.11-0.990.42-0.17-0.19-0.13-0.08-0.98-0.34-0.39-0.410.130.08-0.43-0.340.25-0.37
-0.74-0.08-0.74-0.290.240.71-0.29-0.72-0.37-0.290.38-0.75-0.91-0.03-0.09-0.28-0.86-0.22-0.020.740.3-0.490.340.08-0.71
-0.640.06-0.64-0.30.350.71-0.4-0.6-0.26-0.40.54-0.58-0.62-0.34-0.19-0.4-0.680.04-0.080.5-0.09-0.590.10.19-0.61
0.340.110.340.34-0.99-0.29-0.40.18-0.131.0-0.350.210.220.220.21.00.410.410.44-0.13-0.070.50.34-0.250.44
0.990.00.990.34-0.14-0.72-0.60.180.580.18-0.340.990.450.370.260.180.78-0.180.48-0.250.120.58-0.62-0.430.89
0.530.030.54-0.570.11-0.37-0.26-0.130.58-0.13-0.310.620.34-0.26-0.1-0.160.19-0.510.0-0.310.08-0.05-0.63-0.090.22
0.340.110.340.34-0.99-0.29-0.41.00.18-0.13-0.350.210.210.230.21.00.40.40.45-0.13-0.070.50.34-0.250.44
-0.380.7-0.40.010.420.380.54-0.35-0.34-0.31-0.35-0.32-0.440.20.54-0.31-0.34-0.02-0.110.43-0.19-0.170.080.23-0.28
0.980.040.980.29-0.17-0.75-0.580.210.990.620.21-0.320.470.310.250.210.78-0.180.46-0.270.040.57-0.61-0.450.89
0.470.040.470.05-0.19-0.91-0.620.220.450.340.21-0.440.47-0.25-0.120.20.680.32-0.25-0.95-0.280.24-0.220.280.38
0.40.280.380.67-0.13-0.03-0.340.220.37-0.260.230.20.31-0.250.790.270.310.090.640.390.390.760.13-0.390.53
0.290.810.270.37-0.08-0.09-0.190.20.26-0.10.20.540.25-0.120.790.260.20.120.450.210.170.570.08-0.040.35
0.340.150.340.38-0.98-0.28-0.41.00.18-0.161.0-0.310.210.20.270.260.410.430.46-0.12-0.060.530.36-0.230.44
0.810.020.810.56-0.34-0.86-0.680.410.780.190.4-0.340.780.680.310.20.410.190.35-0.49-0.080.63-0.31-0.260.88
-0.10.13-0.110.41-0.39-0.220.040.41-0.18-0.510.4-0.02-0.180.320.090.120.430.190.05-0.33-0.170.390.580.260.04
0.540.090.530.5-0.41-0.02-0.080.440.480.00.45-0.110.46-0.250.640.450.460.350.050.380.50.590.0-0.520.6
-0.26-0.03-0.260.110.130.740.5-0.13-0.25-0.31-0.130.43-0.27-0.950.390.21-0.12-0.49-0.330.380.18-0.040.15-0.52-0.14
0.11-0.120.10.040.080.3-0.09-0.070.120.08-0.07-0.190.04-0.280.390.17-0.06-0.08-0.170.50.180.190.110.070.0
0.650.150.640.64-0.43-0.49-0.590.50.58-0.050.5-0.170.570.240.760.570.530.630.390.59-0.040.190.24-0.470.76
-0.530.05-0.530.1-0.340.340.10.34-0.62-0.630.340.08-0.61-0.220.130.080.36-0.310.580.00.150.110.240.09-0.36
-0.450.34-0.46-0.330.250.080.19-0.25-0.43-0.09-0.250.23-0.450.28-0.39-0.04-0.23-0.260.26-0.52-0.520.07-0.470.09-0.57
0.930.010.930.65-0.37-0.71-0.610.440.890.220.44-0.280.890.380.530.350.440.880.040.6-0.140.00.76-0.36-0.57
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Klondike Gold Account Relationship Matchups

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Additional Tools for Klondike Stock Analysis

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