Nubeva Ev To Sales vs Price To Sales Ratio Analysis

NBVA Stock  CAD 0.23  0.02  9.52%   
Nubeva Technologies financial indicator trend analysis is infinitely more than just investigating Nubeva Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nubeva Technologies is a good investment. Please check the relationship between Nubeva Technologies 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 Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

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 Nubeva Technologies Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Nubeva Technologies' Ev To Sales and Price To Sales Ratio is 1.0. 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 Nubeva Technologies, assuming nothing else is changed. The correlation between historical values of Nubeva Technologies' 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 Nubeva Technologies 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., Nubeva Technologies' Ev To Sales and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

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 Nubeva Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nubeva Technologies sales, a figure that is much harder to manipulate than other Nubeva Technologies 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 Nubeva Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nubeva 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 Nubeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Nubeva Technologies' Discontinued Operations is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 2.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.5M3.7M2.8M3.3M
Research Development1.2M1.3M1.3M1.4M

Nubeva Technologies fundamental ratios Correlations

0.730.990.99-0.620.450.980.710.48-0.850.570.5-0.830.991.0-0.281.00.78-0.050.44-0.41-0.440.34
0.730.740.74-0.640.20.670.520.37-0.830.620.43-0.690.760.73-0.320.670.74-0.210.26-0.25-0.250.34
0.990.741.0-0.70.350.970.720.56-0.910.640.55-0.891.00.99-0.280.990.84-0.080.5-0.5-0.50.37
0.990.741.0-0.710.340.960.720.57-0.910.640.56-0.891.00.99-0.290.990.85-0.060.51-0.51-0.510.39
-0.62-0.64-0.7-0.710.38-0.51-0.43-0.930.9-0.78-0.90.91-0.71-0.620.52-0.6-0.950.02-0.850.870.85-0.66
0.450.20.350.340.380.550.25-0.53-0.01-0.26-0.440.070.340.450.260.46-0.18-0.08-0.490.540.47-0.37
0.980.670.970.96-0.510.550.660.38-0.780.470.37-0.750.960.98-0.130.980.7-0.030.35-0.31-0.340.25
0.710.520.720.72-0.430.250.660.27-0.670.760.26-0.670.720.71-0.130.710.57-0.390.14-0.27-0.130.1
0.480.370.560.57-0.93-0.530.380.27-0.720.650.96-0.790.560.48-0.550.470.860.240.98-0.95-0.970.78
-0.85-0.83-0.91-0.910.9-0.01-0.78-0.67-0.72-0.81-0.690.97-0.92-0.850.35-0.83-0.960.21-0.610.660.6-0.45
0.570.620.640.64-0.78-0.260.470.760.65-0.810.61-0.810.650.57-0.290.540.81-0.290.52-0.55-0.510.43
0.50.430.550.56-0.9-0.440.370.260.96-0.690.61-0.730.560.5-0.730.490.80.340.94-0.89-0.950.87
-0.83-0.69-0.89-0.890.910.07-0.75-0.67-0.790.97-0.81-0.73-0.9-0.830.32-0.81-0.960.19-0.70.770.69-0.45
0.990.761.01.0-0.710.340.960.720.56-0.920.650.56-0.90.99-0.290.980.85-0.10.5-0.5-0.50.37
1.00.730.990.99-0.620.450.980.710.48-0.850.570.5-0.830.99-0.281.00.78-0.050.44-0.41-0.440.34
-0.28-0.32-0.28-0.290.520.26-0.13-0.13-0.550.35-0.29-0.730.32-0.29-0.28-0.27-0.37-0.27-0.560.480.6-0.62
1.00.670.990.99-0.60.460.980.710.47-0.830.540.49-0.810.981.0-0.270.75-0.030.44-0.42-0.450.33
0.780.740.840.85-0.95-0.180.70.570.86-0.960.810.8-0.960.850.78-0.370.75-0.030.77-0.78-0.760.61
-0.05-0.21-0.08-0.060.02-0.08-0.03-0.390.240.21-0.290.340.19-0.1-0.05-0.27-0.03-0.030.38-0.16-0.360.69
0.440.260.50.51-0.85-0.490.350.140.98-0.610.520.94-0.70.50.44-0.560.440.770.38-0.91-1.00.8
-0.41-0.25-0.5-0.510.870.54-0.31-0.27-0.950.66-0.55-0.890.77-0.5-0.410.48-0.42-0.78-0.16-0.910.9-0.66
-0.44-0.25-0.5-0.510.850.47-0.34-0.13-0.970.6-0.51-0.950.69-0.5-0.440.6-0.45-0.76-0.36-1.00.9-0.78
0.340.340.370.39-0.66-0.370.250.10.78-0.450.430.87-0.450.370.34-0.620.330.610.690.8-0.66-0.78
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Nubeva Technologies Account Relationship Matchups

Nubeva Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3M3.0M4.4M4.1M4.4M4.5M
Total Current Liabilities837.8K420.3K247.9K387.1K595.4K531.2K
Total Stockholder Equity1.3M2.5M4.1M3.7M3.8M3.7M
Net Tangible Assets1.3M2.5M4.1M3.7M4.2M3.6M
Retained Earnings(13.0M)(13.6M)(16.9M)(18.4M)(17.8M)(18.7M)
Accounts Payable108.7K82.0K83.2K115.5K58.0K111.9K
Cash1.9M2.3M4.0M3.6M3.6M2.9M
Net Receivables16.8K322.5K124.4K66.1K202.2K153.4K
Common Stock Shares Outstanding56.2M61.0M68.1M68.1M70.0M66.6M
Non Current Liabilities Total102.4K26.4K24.9K27.6K29.6K28.1K
Other Stockholder Equity574.2K1.2M2.0M3.0M3.5M3.6M
Total Liab940.2K446.7K272.8K414.7K625.0K559.9K
Net Invested Capital1.7M2.7M4.2M3.7M3.9M3.8M
Total Current Assets2.3M3.0M4.4M4.1M4.4M4.5M
Net Working Capital1.4M2.6M4.1M3.7M3.8M3.9M
Common Stock13.7M14.9M19.0M19.1M21.9M14.6M
Capital Stock13.7M14.9M19.0M19.1M19.3M18.3M

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Additional Tools for Nubeva Stock Analysis

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