Sharplink Price To Sales Ratio vs Roic Analysis

SBET Stock

USD 0.64 0.02 3.03%

Sharplink Gaming financial indicator trend analysis is much more than just breaking down Sharplink Gaming prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sharplink Gaming is a good investment. Please check the relationship between Sharplink Gaming Price To Sales Ratio and its Roic accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sharplink Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Sharplink Stock please use our How to Invest in Sharplink Gaming guide.

Price To Sales Ratio vs Roic

Price To Sales Ratio vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sharplink Gaming Price To Sales Ratio account and Roic. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Sharplink Gaming's Price To Sales Ratio and Roic is -0.01. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of Sharplink Gaming, assuming nothing else is changed. The correlation between historical values of Sharplink Gaming's Price To Sales Ratio and Roic 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 Sharplink Gaming are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Price To Sales Ratio i.e., Sharplink Gaming's Price To Sales Ratio and Roic go up and down completely randomly.

Correlation Coefficient

-0.01

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Sharplink Gaming stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Sharplink Gaming sales, a figure that is much harder to manipulate than other Sharplink Gaming 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.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from Sharplink Gaming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sharplink Gaming 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 Sharplink Gaming. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Sharplink Stock please use our How to Invest in Sharplink Gaming guide.At this time, Sharplink Gaming's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 54.6 K in 2024, whereas Enterprise Value Multiple is likely to drop (2.45) in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	26.2M	137.5K	1.2M	1.6M
Depreciation And Amortization	206.2K	1.2M	236.4K	368.0K

Interest Expense Depreciation And Amortization

Sharplink Gaming fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	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	Short Term Investments	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Current Assets	Good Will
Total Assets		0.97	0.98	0.98	-0.61	0.44	0.07	-0.89	0.03	0.43	-0.11	0.46	0.42	-0.2	0.92	-0.09	0.22	0.5	0.87	0.98	0.99	0.76	0.11	0.87	0.98	0.63
Short Long Term Debt Total	0.97		1.0	1.0	-0.76	0.31	0.24	-0.88	-0.04	0.27	-0.33	0.34	0.26	-0.3	0.93	-0.16	0.1	0.36	0.82	0.99	0.99	0.86	-0.1	0.85	1.0	0.5
Other Current Liab	0.98	1.0		1.0	-0.73	0.37	0.18	-0.9	-0.03	0.33	-0.27	0.4	0.32	-0.29	0.94	-0.17	0.12	0.42	0.84	1.0	1.0	0.83	-0.06	0.86	1.0	0.52
Total Current Liabilities	0.98	1.0	1.0		-0.74	0.36	0.2	-0.89	0.01	0.32	-0.27	0.38	0.31	-0.25	0.93	-0.17	0.14	0.41	0.83	1.0	0.99	0.83	-0.06	0.85	1.0	0.54
Total Stockholder Equity	-0.61	-0.76	-0.73	-0.74		0.0	-0.54	0.59	-0.07	0.15	0.63	-0.02	0.17	0.2	-0.66	0.47	-0.05	-0.01	-0.43	-0.74	-0.69	-0.78	0.58	-0.47	-0.73	-0.18
Current Deferred Revenue	0.44	0.31	0.37	0.36	0.0		-0.82	-0.37	-0.04	0.97	0.44	1.0	0.97	-0.06	0.4	-0.07	0.28	0.99	0.4	0.37	0.36	-0.21	0.35	0.42	0.38	0.37
Net Debt	0.07	0.24	0.18	0.2	-0.54	-0.82		-0.13	0.1	-0.87	-0.66	-0.81	-0.87	-0.06	0.12	-0.17	-0.18	-0.8	0.04	0.18	0.17	0.69	-0.51	0.02	0.17	-0.11
Retained Earnings	-0.89	-0.88	-0.9	-0.89	0.59	-0.37	-0.13		-0.04	-0.32	0.07	-0.39	-0.31	0.25	-0.94	0.35	-0.08	-0.44	-0.98	-0.89	-0.88	-0.7	-0.15	-0.9	-0.89	-0.56
Accounts Payable	0.03	-0.04	-0.03	0.01	-0.07	-0.04	0.1	-0.04		-0.12	0.34	-0.05	-0.12	0.94	-0.06	-0.13	0.53	-0.06	0.03	0.04	-0.02	-0.02	0.17	-0.1	-0.05	0.37
Cash	0.43	0.27	0.33	0.32	0.15	0.97	-0.87	-0.32	-0.12		0.48	0.97	1.0	-0.1	0.36	0.09	0.23	0.98	0.38	0.32	0.34	-0.24	0.45	0.42	0.34	0.36
Non Current Assets Total	-0.11	-0.33	-0.27	-0.27	0.63	0.44	-0.66	0.07	0.34	0.48		0.41	0.48	0.43	-0.2	0.02	0.59	0.43	0.06	-0.23	-0.26	-0.57	0.86	-0.07	-0.28	0.47
Non Currrent Assets Other	0.46	0.34	0.4	0.38	-0.02	1.0	-0.81	-0.39	-0.05	0.97	0.41		0.97	-0.08	0.43	-0.07	0.27	1.0	0.42	0.39	0.39	-0.19	0.35	0.45	0.4	0.36
Cash And Short Term Investments	0.42	0.26	0.32	0.31	0.17	0.97	-0.87	-0.31	-0.12	1.0	0.48	0.97		-0.09	0.35	0.12	0.22	0.97	0.37	0.32	0.34	-0.25	0.46	0.41	0.33	0.36
Net Receivables	-0.2	-0.3	-0.29	-0.25	0.2	-0.06	-0.06	0.25	0.94	-0.1	0.43	-0.08	-0.09		-0.33	0.07	0.5	-0.09	-0.23	-0.22	-0.26	-0.27	0.22	-0.34	-0.3	0.25
Common Stock Shares Outstanding	0.92	0.93	0.94	0.93	-0.66	0.4	0.12	-0.94	-0.06	0.36	-0.2	0.43	0.35	-0.33		-0.27	0.1	0.47	0.89	0.92	0.92	0.73	0.08	0.96	0.94	0.42
Short Term Investments	-0.09	-0.16	-0.17	-0.17	0.47	-0.07	-0.17	0.35	-0.13	0.09	0.02	-0.07	0.12	0.07	-0.27		-0.14	-0.06	-0.25	-0.18	-0.09	-0.13	0.15	-0.2	-0.16	-0.03
Non Current Liabilities Total	0.22	0.1	0.12	0.14	-0.05	0.28	-0.18	-0.08	0.53	0.23	0.59	0.27	0.22	0.5	0.1	-0.14		0.25	0.07	0.2	0.12	-0.04	0.46	0.06	0.11	0.65
Inventory	0.5	0.36	0.42	0.41	-0.01	0.99	-0.8	-0.44	-0.06	0.98	0.43	1.0	0.97	-0.09	0.47	-0.06	0.25		0.47	0.42	0.42	-0.16	0.4	0.5	0.43	0.38
Other Stockholder Equity	0.87	0.82	0.84	0.83	-0.43	0.4	0.04	-0.98	0.03	0.38	0.06	0.42	0.37	-0.23	0.89	-0.25	0.07	0.47		0.83	0.83	0.62	0.3	0.89	0.83	0.58
Total Liab	0.98	0.99	1.0	1.0	-0.74	0.37	0.18	-0.89	0.04	0.32	-0.23	0.39	0.32	-0.22	0.92	-0.18	0.2	0.42	0.83		0.99	0.82	-0.04	0.84	0.99	0.57
Total Current Assets	0.99	0.99	1.0	0.99	-0.69	0.36	0.17	-0.88	-0.02	0.34	-0.26	0.39	0.34	-0.26	0.92	-0.09	0.12	0.42	0.83	0.99		0.83	-0.02	0.86	1.0	0.54
Short Term Debt	0.76	0.86	0.83	0.83	-0.78	-0.21	0.69	-0.7	-0.02	-0.24	-0.57	-0.19	-0.25	-0.27	0.73	-0.13	-0.04	-0.16	0.62	0.82	0.83		-0.3	0.64	0.82	0.32
Intangible Assets	0.11	-0.1	-0.06	-0.06	0.58	0.35	-0.51	-0.15	0.17	0.45	0.86	0.35	0.46	0.22	0.08	0.15	0.46	0.4	0.3	-0.04	-0.02	-0.3		0.28	-0.06	0.45
Common Stock	0.87	0.85	0.86	0.85	-0.47	0.42	0.02	-0.9	-0.1	0.42	-0.07	0.45	0.41	-0.34	0.96	-0.2	0.06	0.5	0.89	0.84	0.86	0.64	0.28		0.86	0.4
Other Current Assets	0.98	1.0	1.0	1.0	-0.73	0.38	0.17	-0.89	-0.05	0.34	-0.28	0.4	0.33	-0.3	0.94	-0.16	0.11	0.43	0.83	0.99	1.0	0.82	-0.06	0.86		0.51
Good Will	0.63	0.5	0.52	0.54	-0.18	0.37	-0.11	-0.56	0.37	0.36	0.47	0.36	0.36	0.25	0.42	-0.03	0.65	0.38	0.58	0.57	0.54	0.32	0.45	0.4	0.51

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Sharplink Gaming Account Relationship Matchups

Sharplink Gaming fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.0M	4.4M	20.6M	65.0M	71.3M	74.8M
Other Current Liab	2.7M	962.4K	5.0M	50.9M	67.0M	70.4M
Total Current Liabilities	3.9M	1.5M	5.9M	58.9M	79.2M	83.2M
Total Stockholder Equity	3.1M	1.4M	14.2M	3.0M	(9.4M)	(8.9M)
Current Deferred Revenue	962K	406.5K	1.2M	44.3M	629.6K	598.2K
Net Debt	(3.0M)	(2.4M)	(6.6M)	(31.0M)	10.3M	10.8M
Retained Earnings	(27.5M)	(2.7M)	(58.3M)	(73.6M)	(87.9M)	(83.5M)
Accounts Payable	149K	114K	813.6K	689.2K	834.1K	857.5K
Cash	3.2M	2.6M	6.8M	39.3M	2.5M	2.4M
Non Current Assets Total	3.9M	1.2M	11.1M	11.1M	176.9K	168.1K
Non Currrent Assets Other	3.1M	(1.2M)	284K	260.2B	8.8K	8.4K
Cash And Short Term Investments	3.2M	2.6M	6.8M	39.3M	2.5M	2.4M
Net Receivables	526K	631.2K	1.1M	1.0M	427.1K	405.8K
Common Stock Shares Outstanding	879.5K	1.1M	1.4M	2.5M	2.8M	2.9M
Liabilities And Stockholders Equity	8.0M	4.4M	20.6M	65.0M	71.3M	74.8M
Non Current Liabilities Total	994.0K	1.5M	507.8K	3.1M	1.4M	1.5M
Other Stockholder Equity	31.2M	2.5M	72.1M	76.0M	77.9M	81.8M
Total Liab	4.9M	3.1M	6.4M	62.1M	80.7M	84.7M
Total Current Assets	4.1M	3.2M	9.5M	53.9M	71.1M	74.7M
Accumulated Other Comprehensive Income	(1.2M)	(1.2M)	(631K)	(5.3K)	0.0	1.0
Intangible Assets	429.1K	608.6K	6.0M	3.7M	168.1K	159.7K
Common Stock	30K	215.0K	447.3K	537.7K	543.8K	571.0K
Other Current Assets	381.0K	4.6K	2.3M	52.1M	68.2M	71.6M
Good Will	3.2M	381K	4.4M	6.9M	8.0M	4.2M
Property Plant And Equipment Net	62K	210.3K	237.6K	290.9K	8.8K	8.4K

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