Royal Price To Sales Ratio vs Ev To Sales Analysis
RYR Stock | CAD 0.11 0.01 8.33% |
Royal Road financial indicator trend analysis is much more than just breaking down Royal Road Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royal Road Minerals is a good investment. Please check the relationship between Royal Road Price To Sales Ratio and its Ev To Sales accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Road Minerals. 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.
Price To Sales Ratio vs Ev To Sales
Price To Sales Ratio vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Road Minerals Price To Sales Ratio account and Ev To Sales. At this time, the significance of the direction appears to have totally related.
The correlation between Royal Road's Price To Sales Ratio and Ev To Sales is 1.0. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Royal Road Minerals, assuming nothing else is changed. The correlation between historical values of Royal Road's Price To Sales Ratio and Ev To Sales 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 Royal Road Minerals are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Price To Sales Ratio i.e., Royal Road's Price To Sales Ratio and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Royal Road Minerals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Royal Road sales, a figure that is much harder to manipulate than other Royal Road Minerals 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.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.Most indicators from Royal Road's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royal Road Minerals 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 Road Minerals. 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 8,197 in 2024, whereas Discontinued Operations is likely to drop (45.2 K) in 2024.
Royal Road fundamental ratios Correlations
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Royal Road Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Royal Road fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.3M | 20.1M | 39.7M | 28.1M | 14.3M | 13.7M | |
Total Current Liabilities | 181.6K | 178.0K | 829.7K | 897.6K | 324.8K | 487.2K | |
Total Stockholder Equity | 13.1M | 19.9M | 38.7M | 27.1M | 13.9M | 13.2M | |
Net Tangible Assets | 7.1M | 13.1M | 19.9M | 27.1M | 31.2M | 32.7M | |
Property Plant And Equipment Net | 9.5M | 9.4M | 9.7M | 6.5M | 155.6K | 147.9K | |
Net Debt | (3.0M) | (10.4M) | (28.9M) | (21.0M) | (6.4M) | (6.7M) | |
Retained Earnings | (21.0M) | (26.9M) | (10.3M) | (21.3M) | (36.3M) | (34.5M) | |
Accounts Payable | 212.9K | 181.6K | 178.0K | 864.5K | 778.1K | 817.0K | |
Cash | 3.0M | 10.4M | 29.0M | 21.1M | 6.5M | 8.0M | |
Non Current Assets Total | 9.9M | 9.7M | 10.1M | 6.8M | 562.4K | 534.2K | |
Cash And Short Term Investments | 3.0M | 10.4M | 29.0M | 21.1M | 13.3M | 8.6M | |
Common Stock Shares Outstanding | 200.4M | 242.6M | 265.8M | 265.7M | 305.6M | 169.5M | |
Liabilities And Stockholders Equity | 13.3M | 20.1M | 39.7M | 28.1M | 14.3M | 13.7M | |
Other Stockholder Equity | 2.8M | 4.7M | 5.6M | 4.9M | 5.1M | 3.1M | |
Total Liab | 181.6K | 178.0K | 944.5K | 974.6K | 366.4K | 516.5K | |
Total Current Assets | 3.4M | 10.4M | 29.5M | 21.3M | 13.7M | 9.0M | |
Accumulated Other Comprehensive Income | 450.4K | 571.1K | 892.7K | 1.1M | 2.7M | 2.8M | |
Common Stock | 20.6M | 30.8M | 41.5M | 42.5M | 48.9M | 26.8M | |
Property Plant Equipment | 3.6M | 9.5M | 9.4M | 6.5M | 7.5M | 4.2M | |
Other Current Liab | 181.6K | 178.0K | 798.4K | 864.5K | 287.2K | 395.6K | |
Other Current Assets | 401.0K | 26.8K | 514.4K | 144.2K | 35.6K | 33.9K | |
Non Currrent Assets Other | 415.9K | 247.6K | 414.7K | 234.6K | 269.8K | 255.2K | |
Net Invested Capital | 13.1M | 19.9M | 38.7M | 27.1M | 13.9M | 19.7M | |
Net Working Capital | 3.2M | 10.2M | 28.7M | 20.4M | 13.4M | 12.7M |
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When running Royal Road's price analysis, check to measure Royal Road'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 Royal Road is operating at the current time. Most of Royal Road's value examination focuses on studying past and present price action to predict the probability of Royal Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Road's price. Additionally, you may evaluate how the addition of Royal Road to your portfolios can decrease your overall portfolio volatility.