Osisko Free Cash Flow Per Share vs Price To Sales Ratio Analysis
ODV Stock | CAD 2.50 0.05 1.96% |
Osisko Development financial indicator trend analysis is much more than just breaking down Osisko Development Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Development Corp is a good investment. Please check the relationship between Osisko Development Free Cash Flow Per Share 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 Osisko Development 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.
Free Cash Flow Per Share vs Price To Sales Ratio
Free Cash Flow 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 Osisko Development Corp Free Cash Flow Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Osisko Development's Free Cash Flow Per Share and Price To Sales Ratio is -0.39. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Osisko Development Corp, assuming nothing else is changed. The correlation between historical values of Osisko Development's Free Cash Flow 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 Free Cash Flow Per Share of Osisko Development 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 Free Cash Flow Per Share i.e., Osisko Development's Free Cash Flow Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Osisko Development Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Osisko Development sales, a figure that is much harder to manipulate than other Osisko Development 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 Osisko Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Development 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 Osisko Development 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. Sales General And Administrative To Revenue is likely to climb to 1.66 in 2024, despite the fact that Tax Provision is likely to grow to (21.4 M).
Osisko Development fundamental ratios Correlations
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Osisko Development Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Osisko Development fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 12.5M | 42.8M | 41.9M | 51.0M | 45.8M | 35.6M | |
Accounts Payable | 6.7M | 13.6M | 11.8M | 18.1M | 10.6M | 11.1M | |
Net Receivables | 1.9M | 7.0M | 499K | 1.8M | 2.7M | 2.6M | |
Total Current Assets | 18.2M | 218.5M | 61.4M | 141.3M | 67.7M | 93.3M |
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Additional Tools for Osisko Stock Analysis
When running Osisko Development's price analysis, check to measure Osisko Development'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 Osisko Development is operating at the current time. Most of Osisko Development's value examination focuses on studying past and present price action to predict the probability of Osisko Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Development's price. Additionally, you may evaluate how the addition of Osisko Development to your portfolios can decrease your overall portfolio volatility.