Lytus Cash Per Share vs Price To Sales Ratio Analysis
LYT Stock | USD 1.59 0.01 0.63% |
Lytus Technologies financial indicator trend analysis is infinitely more than just investigating Lytus Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lytus Technologies is a good investment. Please check the relationship between Lytus Technologies Cash 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 Lytus Technologies Holdings. 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.
Cash Per Share vs Price To Sales Ratio
Cash 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 Lytus Technologies Cash Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lytus Technologies' Cash Per Share and Price To Sales Ratio is -0.1. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Lytus Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Lytus Technologies' Cash 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 Cash Per Share of Lytus Technologies Holdings 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 Cash Per Share i.e., Lytus Technologies' Cash Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash Per Share
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Lytus Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Lytus Technologies sales, a figure that is much harder to manipulate than other Lytus Technologies Holdings 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 Lytus Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lytus Technologies 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 Lytus Technologies Holdings. 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. At this time, Lytus Technologies' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 3.84 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.
Lytus Technologies fundamental ratios Correlations
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Lytus Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lytus Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 78.8M | 85.2M | 86.8M | 26.9M | 31.6M | 56.7M | |
Short Long Term Debt Total | 1.6M | 1.5M | 1.0M | 4.0M | 2.9M | 2.0M | |
Other Current Liab | 34.5M | 31.2M | 31.2M | 3.9M | 3.1M | 2.9M | |
Total Current Liabilities | 36.5M | 41.1M | 43.9M | 15.3M | 14.0M | 27.7M | |
Total Stockholder Equity | 11.1M | 11.8M | 12.2M | 8.2M | 13.0M | 10.3M | |
Property Plant And Equipment Net | 1.1M | 965.2K | 0.0 | 10.4M | 11.3M | 11.9M | |
Net Debt | 1.5M | 1.4M | 1.0M | 3.7M | 2.6M | 1.9M | |
Retained Earnings | 11.4M | 12.5M | 12.1M | (4.5M) | (10.0M) | (9.5M) | |
Accounts Payable | 425.7K | 647.5K | 571.8K | 6.8M | 8.4M | 8.8M | |
Cash | 41.8K | 26.1K | 8.8K | 311.8K | 246.4K | 258.7K | |
Non Current Assets Total | 60.6M | 48.9M | 35.6M | 20.6M | 21.5M | 25.0M | |
Cash And Short Term Investments | 83.8K | 85.9K | 9.1K | 2.8M | 246.4K | 234.1K | |
Net Receivables | 18.0M | 36.0M | 51.2M | 2.3M | 4.1M | 3.9M | |
Good Will | 313.3K | 390.9K | 73.0K | 736.9K | 726.7K | 410.8K | |
Short Term Investments | 42.0K | 59.8K | 330.0 | 2.5M | 2.9M | 3.1M | |
Liabilities And Stockholders Equity | 78.8M | 85.2M | 86.8M | 26.9M | 31.6M | 56.7M | |
Non Current Liabilities Total | 31.3M | 32.4M | 30.7M | 882.7K | 1.6M | 1.5M | |
Other Current Assets | 145.4K | 167.6K | 51.3M | 295.6K | 5.8M | 10.6M | |
Other Stockholder Equity | 11.1M | 11.5M | 11.9M | 12.5M | 16.8M | 11.7M | |
Total Liab | 67.8M | 73.5M | 74.6M | 16.1M | 15.6M | 14.8M | |
Net Invested Capital | 12.6M | 13.3M | 13.2M | 12.1M | 15.5M | 12.2M | |
Short Long Term Debt | 1.6M | 1.5M | 1.0M | 3.9M | 1.7M | 1.8M | |
Total Current Assets | 18.2M | 36.3M | 51.3M | 6.3M | 10.1M | 9.6M | |
Net Working Capital | (18.3M) | (4.8M) | 7.3M | (8.9M) | (3.9M) | (4.1M) | |
Short Term Debt | 1.6M | 1.5M | 1.0M | 4.0M | 1.9M | 1.8M | |
Intangible Assets | 59.0M | 47.1M | 35.4M | 334.3K | 307.5K | 292.1K |
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Additional Tools for Lytus Stock Analysis
When running Lytus Technologies' price analysis, check to measure Lytus Technologies' 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 Lytus Technologies is operating at the current time. Most of Lytus Technologies' value examination focuses on studying past and present price action to predict the probability of Lytus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lytus Technologies' price. Additionally, you may evaluate how the addition of Lytus Technologies to your portfolios can decrease your overall portfolio volatility.