PTU Stock | | | CAD 0.28 0.03 12.00% |
Purepoint Uranium financial indicator trend analysis is much more than just breaking down Purepoint Uranium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Purepoint Uranium is a good investment. Please check the relationship between Purepoint Uranium Ev To Sales and its Capex To Depreciation accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purepoint Uranium 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.
Ev To Sales vs Capex To Depreciation
Ev To Sales vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Purepoint Uranium Ev To Sales account and
Capex To Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Purepoint Uranium's Ev To Sales and Capex To Depreciation is -0.98. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Purepoint Uranium Group, assuming nothing else is changed. The correlation between historical values of Purepoint Uranium's Ev To Sales and Capex To Depreciation 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 Purepoint Uranium Group are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ev To Sales i.e., Purepoint Uranium's Ev To Sales and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.98 |
Relationship Direction | Negative |
Relationship Strength | Significant |
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.
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Purepoint Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Purepoint Uranium 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 Purepoint Uranium 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.
Sales General And Administrative To Revenue is likely to climb to 43.20 in 2024, whereas
Selling General Administrative is likely to drop slightly above 231.6
K in 2024.
Purepoint Uranium fundamental ratios Correlations
Click cells to compare fundamentals
Purepoint Uranium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Purepoint Uranium fundamental ratios Accounts
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