Outcrop Ev To Sales vs Price To Sales Ratio Analysis

OCG Stock

CAD 0.22 0.01 4.76%

Outcrop Gold financial indicator trend analysis is much more than just breaking down Outcrop Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Outcrop Gold Corp is a good investment. Please check the relationship between Outcrop Gold Ev To Sales and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outcrop Gold Corp. 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 Outcrop Gold Corp Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Outcrop Gold's Ev To Sales and Price To Sales Ratio is 0.92. 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 Outcrop Gold Corp, assuming nothing else is changed. The correlation between historical values of Outcrop Gold's 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 Outcrop Gold Corp 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., Outcrop Gold's Ev To Sales and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very 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 Outcrop Gold Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Outcrop Gold sales, a figure that is much harder to manipulate than other Outcrop Gold Corp 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 Outcrop Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Outcrop Gold Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Outcrop Gold Corp. 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.

Enterprise Value is likely to climb to about 28.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	11.2M	9.5M	10.9M	11.5M
Depreciation And Amortization	27.1K	58.6K	52.7K	68.9K

Other Operating Expenses Depreciation And Amortization

Outcrop Gold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Assets	Other Current Liab	Net Tangible Assets	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.56	0.72	1.0	0.69	-0.77	-0.62	0.69	0.73	0.69	-0.58	0.72	0.19	0.6	0.4	0.27	0.7	0.74	0.7	0.09	0.81	0.67	0.69	0.85	0.81	0.68
Short Long Term Debt Total	-0.56		-0.52	-0.56	-0.54	0.4	0.76	-0.41	-0.35	-0.53	0.21	-0.35	-0.09	-0.54	0.07	-0.55	-0.46	-0.36	-0.44	-0.24	-0.19	-0.47	-0.48	-0.38	-0.25	-0.48
Total Current Liabilities	0.72	-0.52		0.68	0.87	-0.27	-0.83	0.96	0.23	0.86	-0.7	0.22	-0.13	0.79	0.35	0.11	1.0	0.24	0.7	0.08	0.67	0.77	0.88	0.76	0.53	0.78
Total Stockholder Equity	1.0	-0.56	0.68		0.68	-0.79	-0.6	0.66	0.75	0.67	-0.57	0.74	0.21	0.58	0.39	0.28	0.66	0.76	0.7	0.08	0.8	0.65	0.67	0.84	0.82	0.66
Property Plant And Equipment Net	0.69	-0.54	0.87	0.68		-0.17	-0.89	0.8	0.1	1.0	-0.75	0.08	-0.29	0.95	0.29	-0.09	0.86	0.11	0.93	0.07	0.66	0.89	0.99	0.88	0.65	0.91
Net Debt	-0.77	0.4	-0.27	-0.79	-0.17		0.11	-0.27	-0.99	-0.16	0.19	-0.99	-0.52	-0.11	-0.22	-0.49	-0.24	-0.99	-0.26	-0.03	-0.54	-0.08	-0.15	-0.37	-0.54	-0.12
Retained Earnings	-0.62	0.76	-0.83	-0.6	-0.89	0.11		-0.76	-0.06	-0.89	0.6	-0.04	0.24	-0.88	-0.13	-0.15	-0.81	-0.07	-0.74	-0.11	-0.44	-0.86	-0.87	-0.71	-0.42	-0.86
Accounts Payable	0.69	-0.41	0.96	0.66	0.8	-0.27	-0.76		0.24	0.8	-0.71	0.22	-0.11	0.72	0.42	-0.02	0.96	0.24	0.62	-0.18	0.66	0.72	0.83	0.71	0.47	0.72
Cash	0.73	-0.35	0.23	0.75	0.1	-0.99	-0.06	0.24		0.1	-0.16	1.0	0.54	0.04	0.24	0.47	0.21	1.0	0.19	0.01	0.52	0.02	0.09	0.33	0.51	0.05
Non Current Assets Total	0.69	-0.53	0.86	0.67	1.0	-0.16	-0.89	0.8	0.1		-0.75	0.08	-0.29	0.95	0.29	-0.1	0.86	0.1	0.94	0.06	0.66	0.89	1.0	0.88	0.66	0.91
Non Currrent Assets Other	-0.58	0.21	-0.7	-0.57	-0.75	0.19	0.6	-0.71	-0.16	-0.75		-0.13	0.15	-0.7	-0.42	0.23	-0.71	-0.15	-0.79	0.1	-0.63	-0.69	-0.76	-0.72	-0.54	-0.7
Cash And Short Term Investments	0.72	-0.35	0.22	0.74	0.08	-0.99	-0.04	0.22	1.0	0.08	-0.13		0.56	0.02	0.22	0.49	0.19	1.0	0.17	0.03	0.5	0.0	0.07	0.3	0.49	0.03
Net Receivables	0.19	-0.09	-0.13	0.21	-0.29	-0.52	0.24	-0.11	0.54	-0.29	0.15	0.56		-0.25	-0.16	0.3	-0.15	0.56	-0.24	0.2	-0.1	-0.27	-0.31	-0.2	-0.09	-0.24
Common Stock Shares Outstanding	0.6	-0.54	0.79	0.58	0.95	-0.11	-0.88	0.72	0.04	0.95	-0.7	0.02	-0.25		0.06	0.01	0.79	0.04	0.89	0.07	0.47	0.89	0.93	0.76	0.49	0.93
Non Current Liabilities Total	0.4	0.07	0.35	0.39	0.29	-0.22	-0.13	0.42	0.24	0.29	-0.42	0.22	-0.16	0.06		-0.37	0.35	0.24	0.32	-0.17	0.71	0.16	0.36	0.53	0.64	0.13
Other Stockholder Equity	0.27	-0.55	0.11	0.28	-0.09	-0.49	-0.15	-0.02	0.47	-0.1	0.23	0.49	0.3	0.01	-0.37		0.07	0.48	-0.17	0.41	-0.08	0.0	-0.14	-0.08	-0.05	0.02
Total Liab	0.7	-0.46	1.0	0.66	0.86	-0.24	-0.81	0.96	0.21	0.86	-0.71	0.19	-0.15	0.79	0.35	0.07		0.21	0.7	0.06	0.67	0.77	0.89	0.77	0.53	0.78
Total Current Assets	0.74	-0.36	0.24	0.76	0.11	-0.99	-0.07	0.24	1.0	0.1	-0.15	1.0	0.56	0.04	0.24	0.48	0.21		0.19	0.03	0.52	0.03	0.1	0.33	0.52	0.06
Other Current Assets	0.7	-0.44	0.7	0.7	0.93	-0.26	-0.74	0.62	0.19	0.94	-0.79	0.17	-0.24	0.89	0.32	-0.17	0.7	0.19		0.1	0.68	0.81	0.92	0.89	0.76	0.84
Other Current Liab	0.09	-0.24	0.08	0.08	0.07	-0.03	-0.11	-0.18	0.01	0.06	0.1	0.03	0.2	0.07	-0.17	0.41	0.06	0.03	0.1		0.04	0.09	0.03	0.14	0.21	0.1
Net Tangible Assets	0.81	-0.19	0.67	0.8	0.66	-0.54	-0.44	0.66	0.52	0.66	-0.63	0.5	-0.1	0.47	0.71	-0.08	0.67	0.52	0.68	0.04		0.54	0.7	0.88	0.92	0.54
Common Stock	0.67	-0.47	0.77	0.65	0.89	-0.08	-0.86	0.72	0.02	0.89	-0.69	0.0	-0.27	0.89	0.16	0.0	0.77	0.03	0.81	0.09	0.54		0.88	0.84	0.56	0.99
Property Plant Equipment	0.69	-0.48	0.88	0.67	0.99	-0.15	-0.87	0.83	0.09	1.0	-0.76	0.07	-0.31	0.93	0.36	-0.14	0.89	0.1	0.92	0.03	0.7	0.88		0.89	0.67	0.89
Net Invested Capital	0.85	-0.38	0.76	0.84	0.88	-0.37	-0.71	0.71	0.33	0.88	-0.72	0.3	-0.2	0.76	0.53	-0.08	0.77	0.33	0.89	0.14	0.88	0.84	0.89		0.91	0.84
Net Working Capital	0.81	-0.25	0.53	0.82	0.65	-0.54	-0.42	0.47	0.51	0.66	-0.54	0.49	-0.09	0.49	0.64	-0.05	0.53	0.52	0.76	0.21	0.92	0.56	0.67	0.91		0.56
Capital Stock	0.68	-0.48	0.78	0.66	0.91	-0.12	-0.86	0.72	0.05	0.91	-0.7	0.03	-0.24	0.93	0.13	0.02	0.78	0.06	0.84	0.1	0.54	0.99	0.89	0.84	0.56

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Outcrop Gold Account Relationship Matchups

Outcrop Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.0M	9.4M	6.0M	8.9M	10.3M	6.5M
Total Current Liabilities	532.1K	675.6K	836.9K	507.7K	583.9K	613.1K
Total Stockholder Equity	10.4M	8.7M	5.2M	8.4M	9.7M	6.2M
Property Plant And Equipment Net	4.6M	4.5M	4.6M	5.3M	6.1M	6.4M
Net Debt	(6.0M)	(4.5M)	(1.2M)	(3.2M)	(3.7M)	(3.9M)
Retained Earnings	(51.2M)	(64.0M)	(75.4M)	(84.9M)	(76.4M)	(72.6M)
Accounts Payable	419.3K	642.5K	786.5K	379.2K	436.0K	457.8K
Cash	6.0M	4.5M	1.2M	3.2M	2.9M	3.4M
Non Current Assets Total	4.6M	4.5M	4.6M	5.3M	6.1M	6.4M
Cash And Short Term Investments	6.0M	4.5M	1.2M	3.2M	2.9M	3.5M
Net Receivables	44.4K	39.0K	30.7K	40.0K	36.0K	34.2K
Common Stock Shares Outstanding	64.9M	118.9M	145.9M	199.1M	229.0M	240.4M
Liabilities And Stockholders Equity	11.0M	9.4M	6.0M	8.9M	10.3M	6.5M
Other Stockholder Equity	16.9M	21.2M	24.6M	27.6M	31.7M	24.9M
Total Liab	532.1K	675.6K	851.9K	507.7K	583.9K	613.1K
Total Current Assets	6.3M	4.9M	1.4M	3.7M	3.3M	3.6M
Accumulated Other Comprehensive Income	(46.0)	(2.4K)	(1.7K)	(1.2K)	(1.3K)	(1.3K)
Other Current Assets	329.7K	230.0K	119.6K	326.2K	375.1K	393.8K
Other Current Liab	112.7K	33.1K	37.8K	111.9K	128.7K	78.1K
Net Tangible Assets	1.5M	10.4M	8.7M	5.2M	5.9M	5.1M
Common Stock	44.7M	51.6M	56.0M	65.7M	75.6M	45.9M
Property Plant Equipment	1.3M	4.6M	4.5M	4.6M	5.3M	5.6M
Net Invested Capital	10.4M	8.7M	5.2M	8.4M	9.7M	5.9M
Net Working Capital	5.8M	4.2M	552.7K	3.1M	3.6M	2.4M
Capital Stock	44.7M	51.6M	56.0M	65.7M	75.6M	52.0M

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