Rugby Days Sales Outstanding vs Price To Sales Ratio Analysis
| RUG Stock | CAD 0.04 0.01 10.00% |
Rugby Mining financial indicator trend analysis is much more than just breaking down Rugby Mining Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rugby Mining Limited is a good investment. Please check the relationship between Rugby Mining Days Sales Outstanding 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 Rugby Mining Limited. 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.
Days Sales Outstanding vs Price To Sales Ratio
Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rugby Mining Limited Days Sales Outstanding account and Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Rugby Mining's Days Sales Outstanding and Price To Sales Ratio is 1.0. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Rugby Mining Limited, assuming nothing else is changed. The correlation between historical values of Rugby Mining's Days Sales Outstanding 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 Days Sales Outstanding of Rugby Mining Limited 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 Days Sales Outstanding i.e., Rugby Mining's Days Sales Outstanding and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Days Sales Outstanding
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Rugby Mining Limited stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Rugby Mining sales, a figure that is much harder to manipulate than other Rugby Mining Limited 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 Rugby Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rugby Mining Limited 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 Rugby Mining Limited. 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, Rugby Mining's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 4.27 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.2 M in 2024.
Rugby Mining fundamental ratios Correlations
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Rugby Mining Account Relationship Matchups
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When running Rugby Mining's price analysis, check to measure Rugby Mining'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 Rugby Mining is operating at the current time. Most of Rugby Mining's value examination focuses on studying past and present price action to predict the probability of Rugby Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rugby Mining's price. Additionally, you may evaluate how the addition of Rugby Mining to your portfolios can decrease your overall portfolio volatility.