Olympia Free Cash Flow Yield vs Price To Sales Ratio Analysis

OLY Stock

CAD 100.90 2.10 2.04%

Olympia Financial financial indicator trend analysis is much more than just breaking down Olympia Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Olympia Financial is a good investment. Please check the relationship between Olympia Financial Free Cash Flow Yield 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 Olympia Financial Group. 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 Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olympia Financial Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Olympia Financial's Free Cash Flow Yield and Price To Sales Ratio is -0.44. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Olympia Financial Group, assuming nothing else is changed. The correlation between historical values of Olympia Financial's Free Cash Flow Yield 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 Yield of Olympia Financial Group 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 Yield i.e., Olympia Financial's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Olympia Financial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Olympia Financial sales, a figure that is much harder to manipulate than other Olympia Financial Group 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 Olympia Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olympia Financial 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 Olympia Financial Group. 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.

As of the 27th of November 2024, Selling General Administrative is likely to grow to about 63.4 M, though Discontinued Operations is likely to grow to (331.8 K).

	2021	2022	2023	2024 (projected)
Gross Profit	25.4M	40.3M	96.1M	101.0M
Total Revenue	48.4M	71.4M	99.8M	104.8M

Gross Profit Total Revenue

Olympia Financial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable	Property Plant And Equipment Net	Other Stockholder Equity	Property Plant And Equipment Gross	Intangible Assets	Non Current Liabilities Total
Total Assets		0.56	0.62	0.89	-0.09	0.88	0.48	0.52	-0.64	0.49	0.77	0.72	-0.56	-0.43	0.26	0.6	0.96	0.48	0.73	0.73	-0.31	0.26	-0.68	0.52	0.61	0.17
Other Current Liab	0.56		0.66	0.28	0.02	0.27	0.06	0.29	-0.22	0.06	0.26	0.45	-0.38	-0.28	0.87	0.67	0.53	0.06	0.45	0.16	-0.19	0.43	-0.4	0.16	0.08	0.37
Total Current Liabilities	0.62	0.66		0.21	0.0	0.19	0.55	0.67	0.0	0.55	0.05	0.44	-0.52	-0.31	0.68	0.99	0.49	0.66	0.44	0.16	-0.49	0.53	-0.02	0.63	0.51	0.47
Total Stockholder Equity	0.89	0.28	0.21		-0.14	1.0	0.33	0.23	-0.82	0.34	0.95	0.67	-0.41	-0.33	-0.09	0.17	0.93	0.23	0.69	0.83	-0.13	-0.03	-0.83	0.3	0.51	-0.14
Net Debt	-0.09	0.02	0.0	-0.14		-0.13	-0.67	0.4	-0.08	-0.66	-0.03	-0.35	0.24	-0.45	0.13	0.05	-0.25	0.18	-0.35	0.2	0.16	-0.36	0.09	0.14	0.42	0.27
Retained Earnings	0.88	0.27	0.19	1.0	-0.13		0.31	0.21	-0.83	0.32	0.96	0.64	-0.37	-0.36	-0.11	0.15	0.92	0.22	0.66	0.84	-0.14	-0.06	-0.84	0.28	0.51	-0.16
Cash	0.48	0.06	0.55	0.33	-0.67	0.31		0.24	0.08	1.0	0.09	0.49	-0.49	0.05	0.01	0.48	0.48	0.58	0.49	0.1	-0.44	0.43	-0.05	0.44	0.24	-0.05
Non Current Assets Total	0.52	0.29	0.67	0.23	0.4	0.21	0.24		0.0	0.24	0.05	0.32	-0.43	-0.55	0.33	0.75	0.25	0.71	0.31	0.26	-0.16	0.33	0.0	0.57	0.65	0.75
Non Currrent Assets Other	-0.64	-0.22	0.0	-0.82	-0.08	-0.83	0.08	0.0		0.07	-0.91	-0.38	0.1	0.3	0.12	0.04	-0.73	0.08	-0.4	-0.72	0.1	0.21	0.71	-0.11	-0.47	0.27
Cash And Short Term Investments	0.49	0.06	0.55	0.34	-0.66	0.32	1.0	0.24	0.07		0.1	0.49	-0.49	0.05	0.0	0.48	0.48	0.58	0.49	0.11	-0.44	0.43	-0.05	0.45	0.25	-0.05
Net Receivables	0.77	0.26	0.05	0.95	-0.03	0.96	0.09	0.05	-0.91	0.1		0.51	-0.22	-0.31	-0.14	0.01	0.85	0.03	0.54	0.85	-0.14	-0.22	-0.87	0.18	0.45	-0.26
Common Stock Total Equity	0.72	0.45	0.44	0.67	-0.35	0.64	0.49	0.32	-0.38	0.49	0.51		-0.85	0.11	0.22	0.42	0.72	0.27	1.0	0.49	0.0	0.43	-0.5	0.41	0.34	0.12
Common Stock Shares Outstanding	-0.56	-0.38	-0.52	-0.41	0.24	-0.37	-0.49	-0.43	0.1	-0.49	-0.22	-0.85		-0.2	-0.33	-0.51	-0.5	-0.44	-0.85	-0.39	-0.13	-0.55	0.12	-0.39	-0.31	-0.25
Short Term Investments	-0.43	-0.28	-0.31	-0.33	-0.45	-0.36	0.05	-0.55	0.3	0.05	-0.31	0.11	-0.2		-0.23	-0.34	-0.29	-0.25	0.1	-0.35	0.21	0.31	0.36	-0.04	-0.42	-0.28
Other Current Assets	0.26	0.87	0.68	-0.09	0.13	-0.11	0.01	0.33	0.12	0.0	-0.14	0.22	-0.33	-0.23		0.7	0.19	0.13	0.21	-0.09	-0.12	0.45	0.04	0.08	-0.02	0.46
Total Liab	0.6	0.67	0.99	0.17	0.05	0.15	0.48	0.75	0.04	0.48	0.01	0.42	-0.51	-0.34	0.7		0.43	0.64	0.42	0.11	-0.45	0.58	0.01	0.61	0.48	0.61
Total Current Assets	0.96	0.53	0.49	0.93	-0.25	0.92	0.48	0.25	-0.73	0.48	0.85	0.72	-0.5	-0.29	0.19	0.43		0.31	0.74	0.73	-0.31	0.18	-0.76	0.4	0.49	-0.06
Short Term Debt	0.48	0.06	0.66	0.23	0.18	0.22	0.58	0.71	0.08	0.58	0.03	0.27	-0.44	-0.25	0.13	0.64	0.31		0.27	0.3	-0.35	0.27	0.12	0.83	0.74	0.25
Common Stock	0.73	0.45	0.44	0.69	-0.35	0.66	0.49	0.31	-0.4	0.49	0.54	1.0	-0.85	0.1	0.21	0.42	0.74	0.27		0.51	0.0	0.43	-0.52	0.4	0.34	0.12
Current Deferred Revenue	0.73	0.16	0.16	0.83	0.2	0.84	0.1	0.26	-0.72	0.11	0.85	0.49	-0.39	-0.35	-0.09	0.11	0.73	0.3	0.51		0.07	-0.25	-0.64	0.31	0.62	-0.19
Accounts Payable	-0.31	-0.19	-0.49	-0.13	0.16	-0.14	-0.44	-0.16	0.1	-0.44	-0.14	0.0	-0.13	0.21	-0.12	-0.45	-0.31	-0.35	0.0	0.07		-0.03	0.09	-0.47	-0.38	-0.02
Property Plant And Equipment Net	0.26	0.43	0.53	-0.03	-0.36	-0.06	0.43	0.33	0.21	0.43	-0.22	0.43	-0.55	0.31	0.45	0.58	0.18	0.27	0.43	-0.25	-0.03		0.18	0.34	-0.07	0.52
Other Stockholder Equity	-0.68	-0.4	-0.02	-0.83	0.09	-0.84	-0.05	0.0	0.71	-0.05	-0.87	-0.5	0.12	0.36	0.04	0.01	-0.76	0.12	-0.52	-0.64	0.09	0.18		-0.05	-0.2	0.19
Property Plant And Equipment Gross	0.52	0.16	0.63	0.3	0.14	0.28	0.44	0.57	-0.11	0.45	0.18	0.41	-0.39	-0.04	0.08	0.61	0.4	0.83	0.4	0.31	-0.47	0.34	-0.05		0.78	0.26
Intangible Assets	0.61	0.08	0.51	0.51	0.42	0.51	0.24	0.65	-0.47	0.25	0.45	0.34	-0.31	-0.42	-0.02	0.48	0.49	0.74	0.34	0.62	-0.38	-0.07	-0.2	0.78		0.11
Non Current Liabilities Total	0.17	0.37	0.47	-0.14	0.27	-0.16	-0.05	0.75	0.27	-0.05	-0.26	0.12	-0.25	-0.28	0.46	0.61	-0.06	0.25	0.12	-0.19	-0.02	0.52	0.19	0.26	0.11

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Olympia Financial Account Relationship Matchups

Olympia Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	31.9M	30.7M	36.6M	37.5M	47.3M	49.6M
Other Current Liab	3.2M	4.8M	3.2M	3.8M	8.0M	8.4M
Total Current Liabilities	12.1M	11.6M	16.6M	11.2M	11.5M	8.0M
Total Stockholder Equity	18.1M	18.9M	18.8M	25.3M	35.3M	37.1M
Net Debt	(5.2M)	(10.0M)	(1.3M)	(2.0M)	(7.4M)	(7.7M)
Retained Earnings	10.2M	10.9M	10.8M	17.3M	27.3M	28.7M
Cash	13.8M	15.9M	15.1M	8.4M	10.9M	10.3M
Non Current Assets Total	11.6M	6.7M	11.8M	9.0M	7.3M	5.1M
Non Currrent Assets Other	5.8M	2.1M	980K	(42.1M)	(37.9M)	(36.0M)
Cash And Short Term Investments	13.8M	15.9M	15.3M	8.4M	10.9M	10.5M
Net Receivables	3.1M	8.4M	7.1M	16.7M	25.6M	26.9M
Liabilities And Stockholders Equity	31.9M	30.7M	36.6M	37.5M	47.3M	49.6M
Other Current Assets	3.4M	5.2M	2.3M	3.5M	3.4M	3.1M
Total Liab	14.0M	11.8M	17.8M	12.2M	12.0M	8.7M
Total Current Assets	20.4M	24.0M	24.8M	28.5M	40.0M	42.0M
Short Term Debt	7.6M	5.8M	12.6M	5.3M	3.1M	4.1M
Current Deferred Revenue	486.7K	550.9K	716.2K	834.8K	939.5K	986.5K
Accounts Payable	826.6K	222.8K	109.2K	457.2K	385.7K	543.8K
Property Plant And Equipment Net	2.2M	1.3M	1.5M	1.5M	1.2M	1.7M
Property Plant And Equipment Gross	2.2M	1.3M	6.2M	2.5M	2.9M	2.1M
Intangible Assets	2.7M	2.3M	8.6M	6.8M	5.2M	2.6M
Non Current Liabilities Total	1.9M	147.6K	1.2M	1.0M	495.4K	470.7K
Inventory	49.1K	56.5K	49.4K	42.3K	(43.8M)	(41.6M)
Net Tangible Assets	15.4M	16.6M	10.1M	18.5M	21.3M	14.0M
Other Assets	6.4M	2.9M	1.5M	591.8K	(44.2M)	(42.0M)
Long Term Investments	38.6K	72.6K	99.0K	96.5K	86.8K	77.4K
Property Plant Equipment	2.2M	1.3M	1.5M	1.5M	1.4M	1.6M
Short Long Term Debt Total	8.6M	6.0M	13.8M	6.3M	3.6M	6.8M
Short Long Term Debt	6.7M	4.9M	12.4M	5.0M	5.7M	6.3M
Long Term Debt Total	1.0M	147.6K	1.2M	1.0M	1.2M	1.2M
Net Invested Capital	24.8M	23.9M	31.2M	30.3M	34.8M	26.6M

Pair Trading with Olympia Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Olympia Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Olympia Financial will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Olympia Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olympia Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Olympia Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Olympia Financial Group to buy it.

The correlation of Olympia Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Olympia Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olympia Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Olympia Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Olympia Stock

Balance Sheet is a snapshot of the financial position of Olympia Financial at a specified time, usually calculated after every quarter, six months, or one year. Olympia Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Olympia Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Olympia currently owns. An asset can also be divided into two categories, current and non-current.

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Olympia Free Cash Flow Yield vs Price To Sales Ratio Analysis

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Price To Sales Ratio

Olympia Financial fundamental ratios Correlations

Olympia Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Olympia Financial fundamental ratios Accounts

Pair Trading with Olympia Financial

Other Information on Investing in Olympia Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.96	Total Assets
Net Receivables	+ 0.96	Retained Earnings

Net Receivables	- 0.91	Non Currrent Assets Other
Other Stockholder Equity	- 0.87	Net Receivables
Common Stock	- 0.85	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.85	Common Stock Total Equity
Other Stockholder Equity	- 0.84	Retained Earnings
Non Currrent Assets Other	- 0.83	Retained Earnings