Royal Ev To Sales vs Price To Sales Ratio Analysis

RHC Stock

CAD 0.04 0.01 12.50%

Royal Helium financial indicator trend analysis is much more than just breaking down Royal Helium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royal Helium is a good investment. Please check the relationship between Royal Helium 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 Royal Helium. 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 Royal Helium Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.

The correlation between Royal Helium's Ev To Sales and Price To Sales Ratio is 1.0. 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 Royal Helium, assuming nothing else is changed. The correlation between historical values of Royal Helium'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 Royal Helium 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., Royal Helium's Ev To Sales and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

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

At this time, Royal Helium's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 38.20 in 2024, whereas Discontinued Operations is likely to drop (1.6 M) in 2024.

Royal Helium fundamental ratios Correlations

	Total Assets	Other Current Liab	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	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Liab	Net Tangible Assets	Other Assets	Common Stock	Property Plant Equipment	Net Invested Capital
Total Assets		-0.27	0.98	0.97	1.0	0.83	-0.78	0.87	0.1	1.0	-0.22	-0.13	0.48	0.97	0.89	-0.59	0.79	-0.24	0.95	0.25	-0.54	0.86	0.47	0.98	0.85	1.0
Other Current Liab	-0.27		-0.22	-0.31	-0.26	-0.13	0.47	-0.27	-0.17	-0.26	0.0	-0.12	0.03	-0.39	-0.17	0.33	-0.21	0.38	-0.19	-0.17	0.55	-0.27	-0.63	-0.39	-0.25	-0.32
Total Current Liabilities	0.98	-0.22		0.97	0.98	0.76	-0.81	0.93	0.13	0.98	-0.19	-0.09	0.5	0.98	0.83	-0.65	0.81	-0.24	0.9	0.29	-0.58	0.83	0.5	0.98	0.83	0.98
Total Stockholder Equity	0.97	-0.31	0.97		0.96	0.69	-0.74	0.95	0.13	0.96	-0.25	-0.07	0.62	0.96	0.75	-0.53	0.77	-0.26	0.84	0.3	-0.54	0.89	0.44	0.97	0.89	0.97
Property Plant And Equipment Net	1.0	-0.26	0.98	0.96		0.86	-0.77	0.86	0.02	1.0	-0.2	-0.21	0.47	0.97	0.9	-0.59	0.81	-0.24	0.95	0.17	-0.53	0.83	0.47	0.97	0.84	0.99
Net Debt	0.83	-0.13	0.76	0.69	0.86		-0.63	0.5	-0.26	0.86	-0.05	-0.5	0.14	0.77	0.96	-0.53	0.71	-0.19	0.94	-0.16	-0.39	0.55	0.4	0.76	0.57	0.83
Retained Earnings	-0.78	0.47	-0.81	-0.74	-0.77	-0.63		-0.76	-0.18	-0.77	-0.1	0.01	-0.01	-0.87	-0.7	0.94	-0.81	0.28	-0.76	-0.28	0.84	-0.46	-0.88	-0.86	-0.46	-0.82
Accounts Payable	0.87	-0.27	0.93	0.95	0.86	0.5	-0.76		0.19	0.86	-0.2	0.03	0.62	0.9	0.58	-0.58	0.74	-0.26	0.7	0.35	-0.6	0.8	0.49	0.92	0.8	0.88
Cash	0.1	-0.17	0.13	0.13	0.02	-0.26	-0.18	0.19		0.02	-0.24	0.96	-0.04	0.16	0.02	-0.16	-0.13	0.08	0.05	0.98	-0.13	0.29	0.06	0.11	0.22	0.09
Non Current Assets Total	1.0	-0.26	0.98	0.96	1.0	0.86	-0.77	0.86	0.02		-0.2	-0.21	0.48	0.97	0.9	-0.59	0.81	-0.25	0.95	0.17	-0.53	0.83	0.47	0.97	0.84	0.99
Non Currrent Assets Other	-0.22	0.0	-0.19	-0.25	-0.2	-0.05	-0.1	-0.2	-0.24	-0.2		-0.2	-0.42	-0.16	-0.12	-0.21	0.39	0.05	-0.16	-0.26	-0.15	-0.41	0.32	-0.16	-0.39	-0.19
Cash And Short Term Investments	-0.13	-0.12	-0.09	-0.07	-0.21	-0.5	0.01	0.03	0.96	-0.21	-0.2		-0.06	-0.07	-0.24	0.0	-0.3	0.12	-0.2	0.92	-0.02	0.11	-0.05	-0.1	0.04	-0.14
Net Receivables	0.48	0.03	0.5	0.62	0.47	0.14	-0.01	0.62	-0.04	0.48	-0.42	-0.06		0.39	0.14	0.22	0.24	-0.04	0.25	0.11	0.11	0.73	-0.27	0.45	0.73	0.45
Common Stock Shares Outstanding	0.97	-0.39	0.98	0.96	0.97	0.77	-0.87	0.9	0.16	0.97	-0.16	-0.07	0.39		0.84	-0.7	0.81	-0.37	0.91	0.3	-0.7	0.82	0.62	0.99	0.81	0.99
Non Current Liabilities Total	0.89	-0.17	0.83	0.75	0.9	0.96	-0.7	0.58	0.02	0.9	-0.12	-0.24	0.14	0.84		-0.59	0.7	-0.17	0.99	0.12	-0.43	0.66	0.42	0.82	0.66	0.88
Inventory	-0.59	0.33	-0.65	-0.53	-0.59	-0.53	0.94	-0.58	-0.16	-0.59	-0.21	0.0	0.22	-0.7	-0.59		-0.71	0.26	-0.63	-0.22	0.82	-0.21	-0.88	-0.68	-0.2	-0.64
Other Current Assets	0.79	-0.21	0.81	0.77	0.81	0.71	-0.81	0.74	-0.13	0.81	0.39	-0.3	0.24	0.81	0.7	-0.71		-0.18	0.76	0.01	-0.61	0.51	0.64	0.82	0.53	0.81
Other Stockholder Equity	-0.24	0.38	-0.24	-0.26	-0.24	-0.19	0.28	-0.26	0.08	-0.25	0.05	0.12	-0.04	-0.37	-0.17	0.26	-0.18		-0.2	0.02	0.71	-0.25	-0.4	-0.34	-0.2	-0.27
Total Liab	0.95	-0.19	0.9	0.84	0.95	0.94	-0.76	0.7	0.05	0.95	-0.16	-0.2	0.25	0.91	0.99	-0.63	0.76	-0.2		0.17	-0.48	0.73	0.46	0.89	0.73	0.94
Total Current Assets	0.25	-0.17	0.29	0.3	0.17	-0.16	-0.28	0.35	0.98	0.17	-0.26	0.92	0.11	0.3	0.12	-0.22	0.01	0.02	0.17		-0.21	0.43	0.1	0.26	0.36	0.24
Other Liab	-0.54	0.55	-0.58	-0.54	-0.53	-0.39	0.84	-0.6	-0.13	-0.53	-0.15	-0.02	0.11	-0.7	-0.43	0.82	-0.61	0.71	-0.48	-0.21		-0.29	-0.89	-0.67	-0.26	-0.59
Net Tangible Assets	0.86	-0.27	0.83	0.89	0.83	0.55	-0.46	0.8	0.29	0.83	-0.41	0.11	0.73	0.82	0.66	-0.21	0.51	-0.25	0.73	0.43	-0.29		0.14	0.82	0.99	0.84
Other Assets	0.47	-0.63	0.5	0.44	0.47	0.4	-0.88	0.49	0.06	0.47	0.32	-0.05	-0.27	0.62	0.42	-0.88	0.64	-0.4	0.46	0.1	-0.89	0.14		0.61	0.15	0.54
Common Stock	0.98	-0.39	0.98	0.97	0.97	0.76	-0.86	0.92	0.11	0.97	-0.16	-0.1	0.45	0.99	0.82	-0.68	0.82	-0.34	0.89	0.26	-0.67	0.82	0.61		0.81	0.99
Property Plant Equipment	0.85	-0.25	0.83	0.89	0.84	0.57	-0.46	0.8	0.22	0.84	-0.39	0.04	0.73	0.81	0.66	-0.2	0.53	-0.2	0.73	0.36	-0.26	0.99	0.15	0.81		0.83
Net Invested Capital	1.0	-0.32	0.98	0.97	0.99	0.83	-0.82	0.88	0.09	0.99	-0.19	-0.14	0.45	0.99	0.88	-0.64	0.81	-0.27	0.94	0.24	-0.59	0.84	0.54	0.99	0.83

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Royal Helium Account Relationship Matchups

Royal Helium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2M	8.5M	29.4M	59.7M	91.8M	96.4M
Other Current Liab	24.1K	13.9K	18.9K	147.2K	132.5K	192.6K
Total Current Liabilities	367.1K	355.4K	4.6M	8.8M	10.9M	11.5M
Total Stockholder Equity	1.8M	8.1M	24.6M	50.6M	49.6M	52.1M
Property Plant And Equipment Net	2.1M	2.5M	18.4M	56.8M	87.2M	91.6M
Net Debt	(27.3K)	(5.9M)	(10.4M)	(1.0M)	23.0M	24.2M
Retained Earnings	(24.3M)	(25.6M)	(30.8M)	(35.2M)	(46.2M)	(43.9M)
Accounts Payable	343.0K	341.5K	4.6M	8.6M	5.9M	6.2M
Cash	27.3K	5.9M	10.4M	1.0M	2.6M	3.7M
Non Current Assets Total	2.1M	2.5M	18.4M	56.9M	87.3M	91.7M
Cash And Short Term Investments	27.3K	5.9M	10.4M	1.0M	1.2M	1.1M
Net Receivables	16.4K	56.8K	318.6K	751.4K	412.2K	255.4K
Common Stock Shares Outstanding	33.7M	47.1M	123.3M	178.0M	246.6M	259.0M
Liabilities And Stockholders Equity	2.2M	8.5M	29.4M	59.7M	68.7M	72.1M
Total Liab	367.1K	355.4K	4.8M	9.2M	42.2M	44.3M
Total Current Assets	43.7K	6.0M	11.0M	2.9M	4.5M	4.4M
Net Tangible Assets	1.8M	1.8M	8.1M	24.6M	28.3M	29.7M
Common Stock	23.8M	30.5M	47.4M	75.6M	86.9M	91.3M
Property Plant Equipment	1.8M	2.1M	2.5M	18.4M	21.2M	22.2M
Net Invested Capital	1.8M	8.1M	24.6M	50.6M	75.2M	79.0M
Net Working Capital	(323.4K)	5.6M	6.4M	(5.9M)	(6.4M)	(6.1M)
Capital Stock	23.8M	30.5M	47.4M	75.6M	83.1M	52.1M

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