SentinelOne Capex To Depreciation vs Price To Sales Ratio Analysis
| S Stock | USD 27.95 0.13 0.46% |
SentinelOne financial indicator trend analysis is much more than just breaking down SentinelOne prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SentinelOne is a good investment. Please check the relationship between SentinelOne Capex To Depreciation and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SentinelOne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy SentinelOne Stock please use our How to Invest in SentinelOne guide.
Capex To Depreciation vs Price To Sales Ratio
Capex To Depreciation vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SentinelOne Capex To Depreciation account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between SentinelOne's Capex To Depreciation and Price To Sales Ratio is 0.68. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of SentinelOne, assuming nothing else is changed. The correlation between historical values of SentinelOne's Capex To Depreciation 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 Capex To Depreciation of SentinelOne 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 Capex To Depreciation i.e., SentinelOne's Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.68 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.Price To Sales Ratio
Price to Sales Ratio is figured by comparing SentinelOne stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on SentinelOne sales, a figure that is much harder to manipulate than other SentinelOne 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 SentinelOne's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SentinelOne 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SentinelOne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy SentinelOne Stock please use our How to Invest in SentinelOne guide.Tax Provision is likely to gain to about 6.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 109.7 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 10.8M | 33.3M | 38.9M | 20.1M | Interest Income | 585K | 21.4M | 45.9M | 48.2M |
SentinelOne fundamental ratios Correlations
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When running SentinelOne's price analysis, check to measure SentinelOne'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 SentinelOne is operating at the current time. Most of SentinelOne's value examination focuses on studying past and present price action to predict the probability of SentinelOne's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SentinelOne's price. Additionally, you may evaluate how the addition of SentinelOne to your portfolios can decrease your overall portfolio volatility.