Brompton Free Cash Flow Per Share vs Price To Sales Ratio Analysis
LCS Stock | CAD 10.14 0.01 0.1% |
Brompton Lifeco financial indicator trend analysis is way more than just evaluating Brompton Lifeco Split prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brompton Lifeco Split is a good investment. Please check the relationship between Brompton Lifeco Free Cash Flow Per Share and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Brompton Lifeco Split. 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.
Free Cash Flow Per Share vs Price To Sales Ratio
Free Cash Flow Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brompton Lifeco Split Free Cash Flow Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Brompton Lifeco's Free Cash Flow Per Share and Price To Sales Ratio is -0.59. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Brompton Lifeco Split, assuming nothing else is changed. The correlation between historical values of Brompton Lifeco's Free Cash Flow Per Share 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 Free Cash Flow Per Share of Brompton Lifeco Split 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 Free Cash Flow Per Share i.e., Brompton Lifeco's Free Cash Flow Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Brompton Lifeco Split stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Brompton Lifeco sales, a figure that is much harder to manipulate than other Brompton Lifeco Split 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 Brompton Lifeco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brompton Lifeco Split 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 Brompton Lifeco Split. 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, Brompton Lifeco's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value is likely to grow to about 140.7 M, while Issuance Of Capital Stock is likely to drop 0.00.
Brompton Lifeco fundamental ratios Correlations
Click cells to compare fundamentals
Brompton Lifeco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brompton Lifeco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 106.0M | 76.2M | 80.5M | 134.6M | 138.9M | 79.3M | |
Total Stockholder Equity | 41.5M | 22.1M | 30.4M | 43.3M | 55.7M | 58.5M | |
Non Currrent Assets Other | (105.0M) | (75.2M) | (79.4M) | (133.1M) | (137.5M) | (130.6M) | |
Common Stock Shares Outstanding | 6.7M | 5.7M | 5.0M | 8.6M | 8.4M | 4.9M | |
Liabilities And Stockholders Equity | 106.0M | 76.2M | 80.5M | 134.6M | 138.9M | 79.3M | |
Total Liab | 1.3M | 594.9K | 939.8K | 91.3M | 83.2M | 87.3M | |
Common Stock | 41.5M | 22.1M | 30.4M | 43.3M | 55.7M | 37.1M | |
Other Stockholder Equity | 34.7M | 19.7M | 30.4M | 55.7M | 64.1M | 67.3M | |
Other Current Liab | (1.3M) | (594.9K) | (939.8K) | (1.0M) | 1.5M | 1.6M | |
Accounts Payable | 1.3M | 594.9K | 939.8K | 1.0M | 1.5M | 762.9K | |
Total Current Liabilities | 1.3M | 594.9K | 939.8K | 1.0M | 84.6M | 88.9M | |
Net Debt | 62.3M | 52.5M | 48.1M | 88.9M | 80.2M | 49.4M | |
Cash | 971.6K | 976.5K | 1.0M | 1.3M | 1.4M | 963.8K | |
Non Current Assets Total | 105.0M | 75.2M | 79.4M | 133.1M | 137.5M | 84.4M | |
Cash And Short Term Investments | 971.6K | 976.5K | 1.0M | 1.3M | 138.9M | 145.8M | |
Total Current Assets | 971.6K | 976.5K | 1.0M | 1.3M | 138.9M | 145.8M | |
Short Term Investments | 105.0M | 75.2M | 79.4M | 133.1M | 137.5M | 94.0M | |
Short Long Term Debt Total | 63.3M | 53.5M | 49.1M | 90.2M | 81.6M | 64.1M | |
Current Deferred Revenue | (62.0M) | (52.9M) | (48.2M) | (89.2M) | (80.1M) | (84.1M) | |
Short Term Debt | 63.3M | 53.5M | 49.1M | 90.2M | 81.6M | 64.1M | |
Net Tangible Assets | 41.5M | 22.1M | 30.4M | 43.3M | 49.8M | 35.8M | |
Long Term Investments | 105.0M | 75.2M | 79.4M | 133.1M | 137.5M | 109.1M |
Pair Trading with Brompton Lifeco
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 Brompton Lifeco 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 Brompton Lifeco will appreciate offsetting losses from the drop in the long position's value.Moving together with Brompton Stock
0.79 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
0.85 | RY | Royal Bank Earnings Call This Week | PairCorr |
0.79 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
0.83 | TD-PFI | Toronto Dominion Bank Earnings Call This Week | PairCorr |
Moving against Brompton Stock
0.41 | TD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Brompton Lifeco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brompton Lifeco 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 Brompton Lifeco - 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 Brompton Lifeco Split to buy it.
The correlation of Brompton Lifeco 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 Brompton Lifeco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brompton Lifeco Split 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 Brompton Lifeco 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.Other Information on Investing in Brompton Stock
Balance Sheet is a snapshot of the financial position of Brompton Lifeco Split at a specified time, usually calculated after every quarter, six months, or one year. Brompton Lifeco Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brompton Lifeco 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 Brompton currently owns. An asset can also be divided into two categories, current and non-current.