Planting Ptb Ratio vs Days Sales Outstanding Analysis
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Planting Hope financial indicator trend analysis is much more than just breaking down Planting Hope prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Planting Hope is a good investment. Please check the relationship between Planting Hope Ptb Ratio and its Days Sales Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Planting Hope Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Ptb Ratio vs Days Sales Outstanding
Ptb Ratio vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Planting Hope Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Planting Hope's Ptb Ratio and Days Sales Outstanding is 0.74. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Planting Hope Co, assuming nothing else is changed. The correlation between historical values of Planting Hope's Ptb Ratio and Days Sales Outstanding 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 Planting Hope Co are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Planting Hope's Ptb Ratio and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | 0.74 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.Days Sales Outstanding
Most indicators from Planting Hope's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Planting Hope 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 Planting Hope Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. At this time, Planting Hope's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 2.33 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 11.9 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1M | 2.3M | 2.6M | 1.8M | Total Revenue | 2.3M | 9.0M | 10.3M | 6.2M |
Planting Hope fundamental ratios Correlations
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Planting Hope Account Relationship Matchups
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Additional Tools for Planting Stock Analysis
When running Planting Hope's price analysis, check to measure Planting Hope'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 Planting Hope is operating at the current time. Most of Planting Hope's value examination focuses on studying past and present price action to predict the probability of Planting Hope's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planting Hope's price. Additionally, you may evaluate how the addition of Planting Hope to your portfolios can decrease your overall portfolio volatility.