Paramount Price To Sales Ratio vs Inventory Turnover Analysis

PZG Stock

USD 0.36 0.02 5.26%

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

Price To Sales Ratio vs Inventory Turnover

Price To Sales Ratio vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paramount Gold Nevada Price To Sales Ratio account and Inventory Turnover. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Paramount Gold's Price To Sales Ratio and Inventory Turnover is 0.18. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Paramount Gold Nevada, assuming nothing else is changed. The correlation between historical values of Paramount Gold's Price To Sales Ratio and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Paramount Gold Nevada are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Price To Sales Ratio i.e., Paramount Gold's Price To Sales Ratio and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Paramount Gold Nevada stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Paramount Gold sales, a figure that is much harder to manipulate than other Paramount Gold Nevada 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.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Most indicators from Paramount Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paramount Gold Nevada 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 Paramount Gold Nevada. 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, Paramount Gold's Tax Provision is most likely to increase significantly in the upcoming years. The Paramount Gold's current Issuance Of Capital Stock is estimated to increase to about 2.9 M, while Selling General Administrative is projected to decrease to roughly 1 M.

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	448.2K	3.0M	3.5M	3.7M
Cost Of Revenue	1.2M	647.5K	582.7K	611.9K

Depreciation And Amortization Cost Of Revenue

Paramount Gold fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Cash	Common Stock	Total Current Liabilities	Accounts Payable	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Property Plant Equipment	Other Current Liab	Other Liab	Other Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity	Property Plant And Equipment Gross	Total Current Assets	Net Tangible Assets	Short Long Term Debt
Total Assets		0.92	0.49	-0.33	0.01	0.43	0.11	0.39	0.35	0.41	-0.26	0.26	-0.5	0.55	0.32	-0.48	0.55	-0.5	0.13	-0.41	0.32	0.53	0.55	0.17	0.48	-0.43
Total Stockholder Equity	0.92		0.49	-0.55	-0.2	0.44	-0.02	0.2	0.0	0.09	-0.45	0.12	-0.44	0.52	0.08	-0.39	0.52	-0.43	0.13	-0.56	0.12	0.54	0.52	0.15	0.6	-0.57
Cash	0.49	0.49		-0.36	-0.06	0.46	-0.21	0.07	0.14	0.13	-0.12	-0.05	0.1	-0.24	-0.21	0.05	-0.25	0.07	0.56	-0.06	0.17	-0.03	-0.23	0.53	-0.05	-0.05
Common Stock	-0.33	-0.55	-0.36		0.77	-0.27	-0.42	-0.27	0.33	0.3	0.82	-0.1	0.39	-0.44	-0.06	0.44	-0.44	0.44	-0.31	0.65	-0.22	-0.58	-0.44	-0.34	-0.62	0.64
Total Current Liabilities	0.01	-0.2	-0.06	0.77		0.04	-0.4	-0.17	0.38	0.41	0.92	-0.1	0.41	-0.44	0.03	0.43	-0.43	0.44	-0.5	0.73	-0.35	-0.62	-0.44	-0.5	-0.71	0.71
Accounts Payable	0.43	0.44	0.46	-0.27	0.04		-0.16	-0.11	0.07	-0.12	0.04	-0.17	0.31	-0.04	0.04	0.18	-0.01	0.26	-0.14	0.13	0.04	-0.14	-0.01	-0.17	-0.07	0.13
Common Stock Shares Outstanding	0.11	-0.02	-0.21	-0.42	-0.4	-0.16		0.72	0.31	0.34	-0.45	0.51	-0.64	0.68	0.73	-0.75	0.67	-0.72	0.07	-0.33	0.62	0.62	0.67	0.17	0.41	-0.34
Other Current Assets	0.39	0.2	0.07	-0.27	-0.17	-0.11	0.72		0.69	0.65	-0.37	0.68	-0.7	0.61	0.79	-0.86	0.6	-0.78	0.21	-0.4	0.82	0.62	0.56	0.33	0.41	-0.35
Total Liab	0.35	0.0	0.14	0.33	0.38	0.07	0.31	0.69		0.88	0.25	0.36	-0.35	0.23	0.75	-0.45	0.23	-0.38	0.04	0.15	0.73	0.11	0.2	0.1	-0.08	0.2
Property Plant Equipment	0.41	0.09	0.13	0.3	0.41	-0.12	0.34	0.65	0.88		0.26	0.44	-0.41	0.29	0.71	-0.47	0.28	-0.48	-0.02	0.15	0.59	0.14	0.26	0.05	-0.07	0.18
Other Current Liab	-0.26	-0.45	-0.12	0.82	0.92	0.04	-0.45	-0.37	0.25	0.26		-0.19	0.62	-0.62	-0.1	0.65	-0.62	0.65	-0.52	0.92	-0.41	-0.83	-0.62	-0.56	-0.88	0.9
Other Liab	0.26	0.12	-0.05	-0.1	-0.1	-0.17	0.51	0.68	0.36	0.44	-0.19		-0.35	0.42	0.4	-0.51	0.41	-0.48	0.07	-0.21	0.43	0.4	0.37	0.16	0.23	-0.22
Other Assets	-0.5	-0.44	0.1	0.39	0.41	0.31	-0.64	-0.7	-0.35	-0.41	0.62	-0.35		-0.87	-0.63	0.93	-0.85	0.96	-0.22	0.73	-0.63	-0.88	-0.85	-0.3	-0.79	0.7
Property Plant And Equipment Net	0.55	0.52	-0.24	-0.44	-0.44	-0.04	0.68	0.61	0.23	0.29	-0.62	0.42	-0.87		0.65	-0.86	1.0	-0.89	0.02	-0.69	0.54	0.89	1.0	0.1	0.84	-0.7
Net Debt	0.32	0.08	-0.21	-0.06	0.03	0.04	0.73	0.79	0.75	0.71	-0.1	0.4	-0.63	0.65		-0.72	0.65	-0.68	-0.23	-0.1	0.74	0.42	0.62	-0.13	0.25	-0.05
Retained Earnings	-0.48	-0.39	0.05	0.44	0.43	0.18	-0.75	-0.86	-0.45	-0.47	0.65	-0.51	0.93	-0.86	-0.72		-0.85	0.97	-0.27	0.72	-0.77	-0.89	-0.83	-0.37	-0.76	0.68
Non Current Assets Total	0.55	0.52	-0.25	-0.44	-0.43	-0.01	0.67	0.6	0.23	0.28	-0.62	0.41	-0.85	1.0	0.65	-0.85		-0.88	0.0	-0.69	0.54	0.88	0.99	0.08	0.84	-0.69
Non Currrent Assets Other	-0.5	-0.43	0.07	0.44	0.44	0.26	-0.72	-0.78	-0.38	-0.48	0.65	-0.48	0.96	-0.89	-0.68	0.97	-0.88		-0.24	0.72	-0.69	-0.9	-0.87	-0.33	-0.78	0.69
Cash And Short Term Investments	0.13	0.13	0.56	-0.31	-0.5	-0.14	0.07	0.21	0.04	-0.02	-0.52	0.07	-0.22	0.02	-0.23	-0.27	0.0	-0.24		-0.5	0.39	0.39	0.04	0.99	0.35	-0.51
Common Stock Total Equity	-0.41	-0.56	-0.06	0.65	0.73	0.13	-0.33	-0.4	0.15	0.15	0.92	-0.21	0.73	-0.69	-0.1	0.72	-0.69	0.72	-0.5		-0.36	-0.91	-0.69	-0.55	-0.96	0.99
Non Current Liabilities Total	0.32	0.12	0.17	-0.22	-0.35	0.04	0.62	0.82	0.73	0.59	-0.41	0.43	-0.63	0.54	0.74	-0.77	0.54	-0.69	0.39	-0.36		0.55	0.52	0.46	0.41	-0.3
Other Stockholder Equity	0.53	0.54	-0.03	-0.58	-0.62	-0.14	0.62	0.62	0.11	0.14	-0.83	0.4	-0.88	0.89	0.42	-0.89	0.88	-0.9	0.39	-0.91	0.55		0.89	0.47	0.94	-0.92
Property Plant And Equipment Gross	0.55	0.52	-0.23	-0.44	-0.44	-0.01	0.67	0.56	0.2	0.26	-0.62	0.37	-0.85	1.0	0.62	-0.83	0.99	-0.87	0.04	-0.69	0.52	0.89		0.11	0.84	-0.7
Total Current Assets	0.17	0.15	0.53	-0.34	-0.5	-0.17	0.17	0.33	0.1	0.05	-0.56	0.16	-0.3	0.1	-0.13	-0.37	0.08	-0.33	0.99	-0.55	0.46	0.47	0.11		0.39	-0.56
Net Tangible Assets	0.48	0.6	-0.05	-0.62	-0.71	-0.07	0.41	0.41	-0.08	-0.07	-0.88	0.23	-0.79	0.84	0.25	-0.76	0.84	-0.78	0.35	-0.96	0.41	0.94	0.84	0.39		-0.94
Short Long Term Debt	-0.43	-0.57	-0.05	0.64	0.71	0.13	-0.34	-0.35	0.2	0.18	0.9	-0.22	0.7	-0.7	-0.05	0.68	-0.69	0.69	-0.51	0.99	-0.3	-0.92	-0.7	-0.56	-0.94

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Paramount Gold Account Relationship Matchups

Paramount Gold fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	54.0M	56.0M	54.3M	56.4M	64.8M	45.3M
Total Stockholder Equity	47.4M	46.4M	42.8M	38.2M	43.9M	37.9M
Cash	3.1M	2.5M	824.9K	5.4M	4.9M	4.4M
Common Stock	381.5K	465.9K	548.1K	650.4K	585.4K	556.1K
Total Current Liabilities	949.0K	758.3K	9.3M	683.8K	615.4K	584.7K
Accounts Payable	638.95	638.26	937.22	563.8K	507.4K	360.1K
Common Stock Shares Outstanding	35.5M	42.4M	48.7M	59.9M	53.9M	31.5M
Other Current Assets	1.2M	2.6M	2.9M	2.6M	3.0M	3.2M
Total Liab	6.7M	9.6M	11.5M	18.2M	20.9M	22.0M
Property Plant Equipment	47.3M	49.2M	51.7M	51.5M	59.2M	62.1M
Other Current Liab	948.3K	757.6K	3.5M	120K	108K	102.6K
Other Liab	460.9K	1.5M	4.6M	2.1M	2.4M	1.6M
Property Plant And Equipment Net	49.2M	51.7M	51.5M	49.1M	56.4M	46.0M
Net Debt	1.0M	1.7M	5.0M	6.0M	6.9M	7.3M
Retained Earnings	(60.0M)	(67.9M)	(74.3M)	(82.4M)	(74.1M)	(77.8M)
Non Current Assets Total	49.7M	52.2M	52.0M	49.6M	57.1M	47.7M
Non Currrent Assets Other	695.0K	533.7K	498.3K	546.2K	491.6K	467.0K
Cash And Short Term Investments	3.1M	2.5M	824.9K	5.4M	6.2M	3.4M
Liabilities And Stockholders Equity	54.0M	56.0M	54.3M	56.4M	64.8M	51.9M
Non Current Liabilities Total	5.7M	8.9M	2.1M	17.5M	20.2M	21.2M
Other Stockholder Equity	107.0M	113.8M	116.6M	119.9M	137.9M	88.7M
Total Current Assets	4.3M	3.8M	2.3M	6.7M	7.8M	4.2M
Net Tangible Assets	47.1M	47.4M	46.4M	42.8M	49.3M	45.9M
Capital Surpluse	100.9M	107.0M	113.8M	116.6M	134.1M	102.4M
Cash And Equivalents	5.4M	3.1M	2.5M	824.9K	742.4K	705.3K
Net Invested Capital	51.5M	50.6M	48.7M	49.6M	57.1M	54.7M
Net Working Capital	3.3M	3.0M	(7.1M)	6.1M	7.0M	7.3M
Capital Stock	381.5K	465.9K	548.1K	650.4K	748.0K	484.1K
Short Long Term Debt Total	8.3M	4.2M	5.9M	11.5M	13.2M	7.7M

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When determining whether Paramount Gold Nevada is a strong investment it is important to analyze Paramount Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Paramount Gold's future performance. For an informed investment choice regarding Paramount Stock, refer to the following important reports:

How To Invest In Paramount

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Is Paramount Stock a good investment?

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What is Paramount Gold's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Gold Nevada. 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.

You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Gold. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.11)

Revenue Per Share

0.009

Quarterly Revenue Growth

(0.55)

Return On Assets

(0.1)

Return On Equity

(0.20)

The market value of Paramount Gold Nevada is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Gold's value that differs from its market value or its book value, called intrinsic value, which is Paramount Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Gold's market value can be influenced by many factors that don't directly affect Paramount Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Paramount Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Paramount Price To Sales Ratio vs Inventory Turnover Analysis

Price To Sales Ratio vs Inventory Turnover

Price To Sales Ratio vs Inventory Turnover Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Inventory Turnover

Paramount Gold fundamental ratios Correlations

Paramount Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Paramount Gold fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.99	Cash And Short Term Investments
Short Long Term Debt	+ 0.99	Common Stock Total Equity
Non Currrent Assets Other	+ 0.97	Retained Earnings

Net Tangible Assets	- 0.96	Common Stock Total Equity
Short Long Term Debt	- 0.94	Net Tangible Assets
Short Long Term Debt	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Common Stock Total Equity
Other Stockholder Equity	- 0.9	Non Currrent Assets Other
Other Stockholder Equity	- 0.89	Retained Earnings