SemiLEDS Ptb Ratio vs Ev To Sales Analysis

LEDS Stock  USD 1.28  0.05  3.76%   
SemiLEDS financial indicator trend analysis is much more than just breaking down SemiLEDS prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SemiLEDS is a good investment. Please check the relationship between SemiLEDS Ptb Ratio and its Ev To Sales accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SemiLEDS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.

Ptb Ratio vs Ev To Sales

Ptb Ratio vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SemiLEDS Ptb Ratio account and Ev To Sales. At this time, the significance of the direction appears to have strong relationship.
The correlation between SemiLEDS's Ptb Ratio and Ev To Sales is 0.62. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of SemiLEDS, assuming nothing else is changed. The correlation between historical values of SemiLEDS's Ptb Ratio and Ev To Sales 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 SemiLEDS are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Ptb Ratio i.e., SemiLEDS's Ptb Ratio and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from SemiLEDS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SemiLEDS 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 SemiLEDS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.Selling General Administrative is likely to gain to about 4.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense369K287K330.1K346.6K
Depreciation And Amortization938K1.0M902.7K857.6K

SemiLEDS fundamental ratios Correlations

0.10.440.521.00.98-0.970.70.980.970.980.960.970.88-0.490.950.5-0.220.560.980.99-0.220.830.760.640.53
0.10.150.720.02-0.020.01-0.340.080.190.00.060.19-0.110.640.170.210.590.76-0.020.170.760.130.150.10.23
0.440.150.620.410.38-0.520.050.480.530.390.490.510.150.050.360.190.230.540.380.47-0.080.40.390.250.04
0.520.720.620.460.4-0.460.020.510.60.420.470.60.260.350.570.30.420.90.40.580.570.450.430.070.1
1.00.020.410.460.99-0.970.760.960.960.990.950.960.91-0.550.940.48-0.290.490.990.98-0.270.820.750.630.5
0.98-0.020.380.40.99-0.930.750.950.911.00.950.910.91-0.580.940.54-0.30.431.00.94-0.320.870.740.640.47
-0.970.01-0.52-0.46-0.97-0.93-0.72-0.95-0.98-0.93-0.94-0.97-0.840.53-0.88-0.380.27-0.51-0.93-0.970.32-0.71-0.73-0.64-0.54
0.7-0.340.050.020.760.75-0.720.580.640.730.680.630.89-0.790.670.15-0.81-0.070.750.67-0.350.440.520.410.22
0.980.080.480.510.960.95-0.950.580.950.960.930.950.8-0.420.910.55-0.070.60.950.97-0.290.840.720.660.55
0.970.190.530.60.960.91-0.980.640.950.910.931.00.8-0.40.910.41-0.150.660.910.99-0.150.730.740.640.58
0.980.00.390.420.991.0-0.930.730.960.910.960.910.89-0.560.940.56-0.270.451.00.94-0.320.890.740.650.48
0.960.060.490.470.950.95-0.940.680.930.930.960.910.81-0.530.930.52-0.220.540.950.93-0.290.870.780.690.58
0.970.190.510.60.960.91-0.970.630.951.00.910.910.82-0.380.90.4-0.140.650.910.99-0.140.710.730.610.55
0.88-0.110.150.260.910.91-0.840.890.80.80.890.810.82-0.650.830.39-0.540.210.910.85-0.240.660.70.50.31
-0.490.640.050.35-0.55-0.580.53-0.79-0.42-0.4-0.56-0.53-0.38-0.65-0.47-0.230.830.3-0.58-0.420.62-0.37-0.42-0.44-0.31
0.950.170.360.570.940.94-0.880.670.910.910.940.930.90.83-0.470.5-0.210.60.940.93-0.070.860.680.540.5
0.50.210.190.30.480.54-0.380.150.550.410.560.520.40.39-0.230.50.110.390.540.45-0.130.690.750.540.37
-0.220.590.230.42-0.29-0.30.27-0.81-0.07-0.15-0.27-0.22-0.14-0.540.83-0.210.110.54-0.3-0.170.370.01-0.18-0.140.01
0.560.760.540.90.490.43-0.51-0.070.60.660.450.540.650.210.30.60.390.540.430.630.420.520.460.340.48
0.98-0.020.380.40.991.0-0.930.750.950.911.00.950.910.91-0.580.940.54-0.30.430.94-0.320.870.740.640.47
0.990.170.470.580.980.94-0.970.670.970.990.940.930.990.85-0.420.930.45-0.170.630.94-0.150.760.740.620.55
-0.220.76-0.080.57-0.27-0.320.32-0.35-0.29-0.15-0.32-0.29-0.14-0.240.62-0.07-0.130.370.42-0.32-0.15-0.23-0.12-0.48-0.26
0.830.130.40.450.820.87-0.710.440.840.730.890.870.710.66-0.370.860.690.010.520.870.76-0.230.670.60.41
0.760.150.390.430.750.74-0.730.520.720.740.740.780.730.7-0.420.680.75-0.180.460.740.74-0.120.670.610.42
0.640.10.250.070.630.64-0.640.410.660.640.650.690.610.5-0.440.540.54-0.140.340.640.62-0.480.60.610.81
0.530.230.040.10.50.47-0.540.220.550.580.480.580.550.31-0.310.50.370.010.480.470.55-0.260.410.420.81
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SemiLEDS Account Relationship Matchups

SemiLEDS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6M18.2M16.1M13.5M12.1M11.5M
Short Long Term Debt Total7.9M9.3M8.5M7.7M8.9M6.3M
Other Current Liab3.6M3.5M3.8M3.8M3.4M3.3M
Total Current Liabilities9.0M9.5M9.3M9.7M11.2M9.2M
Total Stockholder Equity2.5M4.6M3.5M1.2M1.0M984.1K
Property Plant And Equipment Net5.8M6.9M5.7M4.6M4.1M3.9M
Net Debt5.0M4.5M4.2M5.2M5.9M6.2M
Retained Earnings(178.4M)(181.2M)(184.0M)(186.6M)(168.0M)(176.4M)
Accounts Payable536K753K286K436K392.4K372.8K
Cash2.8M4.8M4.3M2.6M2.3M2.2M
Non Current Assets Total7.1M8.2M6.9M5.9M5.3M5.0M
Non Currrent Assets Other164K169K186K170K167.4K159.0K
Cash And Short Term Investments2.8M4.8M4.3M2.6M2.3M2.2M
Net Receivables1.3M865K880K793K713.7K678.0K
Common Stock Shares Outstanding3.9M4.2M4.5M4.9M5.6M3.2M
Liabilities And Stockholders Equity14.6M18.2M16.1M13.5M12.1M11.5M
Inventory2.5M3.9M3.8M4.0M3.6M5.3M
Other Current Assets1.6M658K246K207K186.3K177.0K
Other Stockholder Equity177.2M182.3M183.7M184.2M211.9M168.0M
Total Liab12.0M13.6M12.6M12.3M14.1M13.4M
Property Plant And Equipment Gross5.8M6.9M5.7M4.6M4.1M3.9M
Total Current Assets7.5M10.1M9.1M7.6M6.8M6.5M
Accumulated Other Comprehensive Income3.6M3.5M3.7M3.6M4.1M3.7M
Short Term Debt4.8M5.2M5.2M5.2M6.0M6.3M
Intangible Assets89K126K102K97K87.3K82.9K
Other Assets164K169K1.3M170K153K145.4K
Long Term Debt2.9M2.6M1.9M1.3M1.2M1.1M
Non Current Liabilities Total3.0M4.1M3.3M2.6M2.3M3.3M
Property Plant Equipment5.9M5.6M6.9M5.7M5.1M4.9M
Net Tangible Assets1.6M2.4M4.5M3.4M3.0M2.9M
Long Term Investments952K1.0M922K974K876.6K1.0M

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Additional Tools for SemiLEDS Stock Analysis

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