Brompton Inventory Turnover vs Ev To Sales Analysis
SBC Stock | CAD 10.48 0.22 2.14% |
Brompton Split financial indicator trend analysis is way more than just evaluating Brompton Split Banc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brompton Split Banc is a good investment. Please check the relationship between Brompton Split Inventory Turnover and its Ev To Sales accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Brompton Split Banc. 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.
Inventory Turnover vs Ev To Sales
Inventory Turnover vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brompton Split Banc Inventory Turnover account and Ev To Sales. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Brompton Split's Inventory Turnover and Ev To Sales is -0.03. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Brompton Split Banc, assuming nothing else is changed. The correlation between historical values of Brompton Split's Inventory Turnover 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 Inventory Turnover of Brompton Split Banc 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 Inventory Turnover i.e., Brompton Split's Inventory Turnover and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.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 Brompton Split's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brompton Split Banc 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 Brompton Split Banc. 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, Brompton Split's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 62 M, while Sales General And Administrative To Revenue is likely to drop 0.07.
Brompton Split fundamental ratios Correlations
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Brompton Split Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Brompton Split fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 196.2M | 282.2M | 369.6M | 350.9M | 400.7M | 223.4M | |
Total Stockholder Equity | 107.0M | 143.8M | 207.7M | 164.8M | 182.7M | 115.0M | |
Cash And Short Term Investments | 290.0K | 59.3K | 591.5K | 475.1K | 398.9M | 418.9M | |
Common Stock Shares Outstanding | 10.7M | 14.8M | 16.8M | 16.8M | 20.1M | 12.7M | |
Short Term Investments | 195.1M | 280.8M | 367.0M | 349.0M | 391.8M | 252.2M | |
Liabilities And Stockholders Equity | 196.2M | 282.2M | 369.6M | 350.9M | 400.7M | 223.4M | |
Total Liab | 2.0M | 3.0M | 3.7M | 186.1M | 218.0M | 228.9M | |
Total Current Assets | 1.1M | 1.1M | 2.5M | 2.0M | 400.8M | 420.9M | |
Short Term Debt | 87.1M | 135.2M | 158.1M | 181.3M | 211.6M | 134.3M | |
Short Long Term Debt Total | 87.1M | 135.2M | 158.1M | 181.3M | 211.6M | 111.2M | |
Other Current Liab | (2.0M) | (3.2M) | (3.7M) | (4.4M) | (217.2M) | (206.3M) | |
Net Debt | 86.8M | 135.1M | 157.5M | 180.8M | 204.5M | 214.7M | |
Accounts Payable | 2.0M | 3.2M | 3.7M | 4.4M | 5.5M | 3.1M | |
Non Current Assets Total | 195.1M | 280.8M | 367.0M | 349.0M | (105.7K) | (100.4K) | |
Non Currrent Assets Other | (195.1M) | (280.8M) | (367.0M) | (349.0M) | (391.8M) | (372.2M) | |
Net Receivables | 777.9K | 1.1M | 1.9M | 1.5M | 1.7M | 1.6M | |
Non Current Liabilities Total | 2.1M | 3.2M | 3.7M | 4.4M | 6.4M | 6.1M | |
Common Stock | 107.0M | 143.8M | 207.7M | 164.8M | 182.7M | 130.1M | |
Total Current Liabilities | 2.0M | 3.0M | 3.7M | 4.4M | 223.5M | 234.7M | |
Other Current Assets | 55.9K | 275.2K | 33.5K | 29.9K | 211.4K | 221.9K | |
Cash | 290.0K | 59.3K | 591.5K | 475.1K | 7.2M | 7.5M | |
Current Deferred Revenue | (85.1M) | (132.1M) | (154.4M) | (176.9M) | (206.1M) | (195.8M) | |
Net Tangible Assets | 107.0M | 143.8M | 207.7M | 164.8M | 189.5M | 135.4M | |
Long Term Investments | 195.1M | 280.8M | 367.0M | 349.0M | 391.8M | 289.8M |
Pair Trading with Brompton Split
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brompton Split position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brompton Split will appreciate offsetting losses from the drop in the long position's value.Moving against Brompton Stock
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0.39 | CMC | Cielo Waste Solutions | PairCorr |
The ability to find closely correlated positions to Brompton Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brompton Split when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brompton Split - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brompton Split Banc to buy it.
The correlation of Brompton Split is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brompton Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brompton Split Banc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brompton Split can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Brompton Stock
Balance Sheet is a snapshot of the financial position of Brompton Split Banc at a specified time, usually calculated after every quarter, six months, or one year. Brompton Split Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Brompton Split and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Brompton currently owns. An asset can also be divided into two categories, current and non-current.