Mirasol Ev To Sales vs Price To Sales Ratio Analysis

MRZ Stock

CAD 0.42 0.01 2.44%

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

Ev To Sales vs Price To Sales Ratio

Ev To Sales vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mirasol Resources Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Mirasol Resources' Ev To Sales and Price To Sales Ratio is 0.89. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Mirasol Resources, assuming nothing else is changed. The correlation between historical values of Mirasol Resources' Ev To Sales 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 Ev To Sales of Mirasol Resources 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 Ev To Sales i.e., Mirasol Resources' Ev To Sales and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Mirasol Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Mirasol Resources sales, a figure that is much harder to manipulate than other Mirasol Resources 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 Mirasol Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mirasol Resources 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 Mirasol Resources. 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, Mirasol Resources' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2.8 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (2.65) in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	523.5K	628.9K	415.5K	427.4K
Net Interest Income	490.0K	603.1K	399.1K	407.9K

Interest Income Net Interest Income

Mirasol Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Non Current Liabilities Total	Other Stockholder Equity	Net Receivables	Non Currrent Assets Other	Short Term Investments	Net Tangible Assets	Intangible Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital
Total Assets		0.51	0.68	1.0	0.75	-0.7	0.54	0.75	0.75	0.95	0.13	0.37	0.67	1.0	-0.08	0.37	0.61	-0.1	0.82	0.36	0.77	0.57	0.25	0.57	0.62	0.62
Other Current Liab	0.51		0.97	0.44	0.13	-0.57	0.2	0.54	0.13	0.59	0.09	-0.21	0.97	0.53	0.0	0.58	0.4	0.09	0.51	0.14	0.3	0.16	0.33	-0.01	0.0	0.0
Total Current Liabilities	0.68	0.97		0.62	0.29	-0.68	0.33	0.66	0.29	0.74	0.06	-0.09	1.0	0.69	-0.07	0.59	0.52	0.0	0.63	0.15	0.43	0.28	0.34	0.16	0.17	0.17
Total Stockholder Equity	1.0	0.44	0.62		0.77	-0.67	0.54	0.74	0.77	0.94	0.13	0.41	0.61	0.99	-0.08	0.33	0.6	-0.1	0.82	0.36	0.78	0.58	0.23	0.6	0.65	0.65
Property Plant And Equipment Net	0.75	0.13	0.29	0.77		-0.45	0.17	0.49	1.0	0.7	0.4	0.3	0.28	0.72	0.21	0.44	0.57	0.37	0.47	0.63	0.6	0.36	-0.07	0.58	0.53	0.53
Net Debt	-0.7	-0.57	-0.68	-0.67	-0.45		-0.39	-0.97	-0.45	-0.71	-0.13	-0.49	-0.67	-0.7	0.13	-0.54	-0.56	0.03	-0.6	-0.3	-0.11	-0.25	-0.4	-0.18	-0.2	-0.2
Retained Earnings	0.54	0.2	0.33	0.54	0.17	-0.39		0.5	0.16	0.42	-0.71	0.37	0.32	0.55	-0.85	0.0	0.58	-0.43	0.47	-0.45	0.36	0.9	0.72	0.75	0.83	0.83
Cash	0.75	0.54	0.66	0.74	0.49	-0.97	0.5		0.49	0.7	0.07	0.5	0.66	0.76	-0.2	0.51	0.62	-0.06	0.59	0.29	0.17	0.35	0.41	0.27	0.34	0.34
Non Current Assets Total	0.75	0.13	0.29	0.77	1.0	-0.45	0.16	0.49		0.7	0.41	0.3	0.28	0.72	0.21	0.44	0.56	0.37	0.47	0.64	0.59	0.36	-0.07	0.57	0.53	0.52
Cash And Short Term Investments	0.95	0.59	0.74	0.94	0.7	-0.71	0.42	0.7	0.7		0.17	0.3	0.73	0.96	-0.01	0.37	0.53	-0.1	0.88	0.32	0.76	0.46	0.24	0.48	0.46	0.46
Common Stock Shares Outstanding	0.13	0.09	0.06	0.13	0.4	-0.13	-0.71	0.07	0.41	0.17		-0.04	0.07	0.1	0.95	0.33	-0.15	0.51	0.03	0.92	0.07	-0.58	-0.64	-0.47	-0.45	-0.45
Other Current Assets	0.37	-0.21	-0.09	0.41	0.3	-0.49	0.37	0.5	0.3	0.3	-0.04		-0.1	0.37	-0.23	0.0	0.24	-0.12	0.44	0.1	0.02	0.35	0.46	0.24	0.3	0.29
Total Liab	0.67	0.97	1.0	0.61	0.28	-0.67	0.32	0.66	0.28	0.73	0.07	-0.1		0.69	-0.05	0.59	0.51	0.01	0.61	0.16	0.42	0.26	0.33	0.15	0.16	0.15
Total Current Assets	1.0	0.53	0.69	0.99	0.72	-0.7	0.55	0.76	0.72	0.96	0.1	0.37	0.69		-0.09	0.36	0.6	-0.13	0.83	0.33	0.77	0.57	0.27	0.56	0.62	0.62
Common Stock	-0.08	0.0	-0.07	-0.08	0.21	0.13	-0.85	-0.2	0.21	-0.01	0.95	-0.23	-0.05	-0.09		0.19	-0.35	0.45	-0.13	0.79	0.03	-0.7	-0.75	-0.58	-0.57	-0.57
Accounts Payable	0.37	0.58	0.59	0.33	0.44	-0.54	0.0	0.51	0.44	0.37	0.33	0.0	0.59	0.36	0.19		0.74	0.63	0.24	0.49	0.03	0.12	0.19	0.01	0.09	0.09
Non Current Liabilities Total	0.61	0.4	0.52	0.6	0.57	-0.56	0.58	0.62	0.56	0.53	-0.15	0.24	0.51	0.6	-0.35	0.74		0.32	0.47	0.17	0.3	0.66	0.51	0.54	0.64	0.64
Other Stockholder Equity	-0.1	0.09	0.0	-0.1	0.37	0.03	-0.43	-0.06	0.37	-0.1	0.51	-0.12	0.01	-0.13	0.45	0.63	0.32		-0.1	0.59	-0.14	-0.14	-0.07	-0.17	-0.17	-0.17
Net Receivables	0.82	0.51	0.63	0.82	0.47	-0.6	0.47	0.59	0.47	0.88	0.03	0.44	0.61	0.83	-0.13	0.24	0.47	-0.1		0.17	0.68	0.51	0.47	0.36	0.39	0.39
Non Currrent Assets Other	0.36	0.14	0.15	0.36	0.63	-0.3	-0.45	0.29	0.64	0.32	0.92	0.1	0.16	0.33	0.79	0.49	0.17	0.59	0.17		0.19	-0.29	-0.47	-0.22	-0.14	-0.14
Short Term Investments	0.77	0.3	0.43	0.78	0.6	-0.11	0.36	0.17	0.59	0.76	0.07	0.02	0.42	0.77	0.03	0.03	0.3	-0.14	0.68	0.19		0.53	0.01	0.59	0.6	0.6
Net Tangible Assets	0.57	0.16	0.28	0.58	0.36	-0.25	0.9	0.35	0.36	0.46	-0.58	0.35	0.26	0.57	-0.7	0.12	0.66	-0.14	0.51	-0.29	0.53		0.71	0.85	0.92	0.91
Intangible Assets	0.25	0.33	0.34	0.23	-0.07	-0.4	0.72	0.41	-0.07	0.24	-0.64	0.46	0.33	0.27	-0.75	0.19	0.51	-0.07	0.47	-0.47	0.01	0.71		0.39	0.41	0.41
Property Plant Equipment	0.57	-0.01	0.16	0.6	0.58	-0.18	0.75	0.27	0.57	0.48	-0.47	0.24	0.15	0.56	-0.58	0.01	0.54	-0.17	0.36	-0.22	0.59	0.85	0.39		0.92	0.92
Net Invested Capital	0.62	0.0	0.17	0.65	0.53	-0.2	0.83	0.34	0.53	0.46	-0.45	0.3	0.16	0.62	-0.57	0.09	0.64	-0.17	0.39	-0.14	0.6	0.92	0.41	0.92		1.0
Net Working Capital	0.62	0.0	0.17	0.65	0.53	-0.2	0.83	0.34	0.52	0.46	-0.45	0.29	0.15	0.62	-0.57	0.09	0.64	-0.17	0.39	-0.14	0.6	0.91	0.41	0.92	1.0

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Mirasol Resources Account Relationship Matchups

Mirasol Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.2M	13.5M	8.5M	10.2M	4.3M	4.1M
Other Current Liab	524.2K	899.2K	475.2K	744.5K	856.2K	692.3K
Total Current Liabilities	599.7K	980.2K	557.4K	832.2K	622.6K	901.9K
Total Stockholder Equity	18.4M	12.3M	7.8M	9.3M	3.7M	3.5M
Property Plant And Equipment Net	2.8M	2.1M	1.6M	1.6M	1.7M	1.9M
Net Debt	(8.6M)	(9.8M)	(5.5M)	(8.0M)	(7.2M)	(7.5M)
Retained Earnings	(57.0M)	(63.0M)	(68.0M)	(77.8M)	(86.8M)	(82.4M)
Cash	8.9M	10.0M	5.7M	8.1M	2.4M	2.2M
Non Current Assets Total	2.8M	2.1M	1.7M	1.7M	1.7M	1.9M
Cash And Short Term Investments	16.2M	11.2M	6.4M	8.3M	9.5M	15.1M
Common Stock Shares Outstanding	54.1M	54.1M	54.0M	57.3M	69.7M	44.1M
Liabilities And Stockholders Equity	19.2M	13.5M	8.5M	10.2M	11.7M	17.5M
Other Current Assets	122.8K	153.7K	103.6K	54.8K	49.4K	46.9K
Total Liab	804.7K	1.1M	672.4K	885.4K	622.6K	930.0K
Total Current Assets	16.5M	11.4M	6.8M	8.5M	2.7M	2.5M
Common Stock	57.8M	57.5M	57.5M	67.6M	77.7M	51.0M
Accounts Payable	524.2K	858.2K	428.4K	690.6K	794.2K	591.9K
Non Current Liabilities Total	743.8K	0.0	205.0K	163.6K	115.0K	53.1K
Other Stockholder Equity	17.3M	17.7M	17.8M	18.3M	21.1M	18.3M
Accumulated Other Comprehensive Income	17.7M	17.8M	18.3M	19.5M	22.5M	16.7M
Net Receivables	103.4K	58.1K	263.4K	203.7K	234.3K	318.9K
Short Term Investments	7.4M	1.2M	726.5K	155.7K	83.0K	78.9K
Net Tangible Assets	23.9M	18.4M	12.3M	7.8M	7.0M	6.7M
Property Plant Equipment	3.2M	2.8M	2.1M	1.6M	1.5M	2.2M
Net Invested Capital	18.4M	12.3M	7.8M	9.3M	3.7M	3.5M
Net Working Capital	15.9M	10.4M	6.2M	7.7M	2.0M	1.9M
Capital Stock	57.8M	57.5M	57.5M	67.6M	69.6M	67.4M

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