Sienna Price To Sales Ratio vs Capex To Depreciation Analysis

SIE Stock  CAD 0.03  0.01  25.00%   
Sienna Resources financial indicator trend analysis is much more than just breaking down Sienna Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sienna Resources is a good investment. Please check the relationship between Sienna Resources Price To Sales Ratio and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sienna Resources. 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 Capex To Depreciation

Price To Sales Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sienna Resources Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sienna Resources' Price To Sales Ratio and Capex To Depreciation is -0.32. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Sienna Resources, assuming nothing else is changed. The correlation between historical values of Sienna Resources' Price To Sales Ratio and Capex To Depreciation 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 Sienna Resources are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., Sienna Resources' Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

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

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.
Most indicators from Sienna Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sienna Resources 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 Sienna Resources. 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, Sienna Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.7 M in 2024.

Sienna Resources fundamental ratios Correlations

0.1-0.250.89-0.59-0.44-0.290.650.650.270.490.2-0.250.690.76-0.240.940.010.230.290.20.430.45-0.140.190.11
0.1-0.340.24-0.030.46-0.420.050.050.12-0.20.05-0.340.050.15-0.080.14-0.110.490.030.470.3-0.06-0.490.51-0.29
-0.25-0.34-0.660.630.230.99-0.63-0.630.36-0.660.571.0-0.560.130.38-0.210.24-0.090.07-0.01-0.69-0.77-0.02-0.08-0.36
0.890.24-0.66-0.75-0.44-0.690.80.80.040.69-0.11-0.660.80.53-0.360.83-0.10.220.190.170.660.7-0.10.190.25
-0.59-0.030.63-0.750.610.59-0.99-0.990.33-0.790.360.63-0.980.00.09-0.34-0.010.280.330.34-0.39-0.77-0.390.29-0.61
-0.440.460.23-0.440.610.16-0.6-0.60.26-0.80.220.22-0.6-0.090.02-0.29-0.060.620.40.65-0.05-0.65-0.740.64-0.81
-0.29-0.420.99-0.690.590.16-0.6-0.60.28-0.610.510.99-0.540.050.4-0.280.27-0.2-0.01-0.12-0.73-0.720.09-0.2-0.27
0.650.05-0.630.8-0.99-0.6-0.61.0-0.270.78-0.3-0.630.990.06-0.120.41-0.02-0.21-0.26-0.270.410.750.32-0.230.56
0.650.05-0.630.8-0.99-0.6-0.61.0-0.270.78-0.3-0.630.990.06-0.120.41-0.02-0.21-0.26-0.270.410.750.32-0.230.56
0.270.120.360.040.330.260.28-0.27-0.27-0.410.420.36-0.180.54-0.250.38-0.20.540.570.540.1-0.35-0.570.54-0.53
0.49-0.2-0.660.69-0.79-0.8-0.610.780.78-0.41-0.39-0.660.76-0.03-0.050.36-0.12-0.37-0.31-0.410.270.820.52-0.410.74
0.20.050.57-0.110.360.220.51-0.3-0.30.42-0.390.57-0.220.410.40.28-0.160.350.380.41-0.32-0.65-0.380.33-0.57
-0.25-0.341.0-0.660.630.220.99-0.63-0.630.36-0.660.57-0.560.120.38-0.220.24-0.090.07-0.01-0.69-0.76-0.02-0.09-0.35
0.690.05-0.560.8-0.98-0.6-0.540.990.99-0.180.76-0.22-0.560.11-0.060.45-0.03-0.18-0.23-0.240.380.710.29-0.20.54
0.760.150.130.530.0-0.090.050.060.060.54-0.030.410.120.11-0.290.870.080.470.560.470.370.02-0.440.46-0.25
-0.24-0.080.38-0.360.090.020.4-0.12-0.12-0.25-0.050.40.38-0.06-0.29-0.330.13-0.21-0.29-0.16-0.54-0.320.23-0.220.19
0.940.14-0.210.83-0.34-0.29-0.280.410.410.380.360.28-0.220.450.87-0.33-0.060.430.50.410.470.32-0.340.38-0.07
0.01-0.110.24-0.1-0.01-0.060.27-0.02-0.02-0.2-0.12-0.160.24-0.030.080.13-0.06-0.26-0.33-0.270.060.120.29-0.240.27
0.230.49-0.090.220.280.62-0.2-0.21-0.210.54-0.370.35-0.09-0.180.47-0.210.43-0.260.850.980.46-0.28-0.961.0-0.69
0.290.030.070.190.330.4-0.01-0.26-0.260.57-0.310.380.07-0.230.56-0.290.5-0.330.850.850.37-0.24-0.850.83-0.64
0.20.47-0.010.170.340.65-0.12-0.27-0.270.54-0.410.41-0.01-0.240.47-0.160.41-0.270.980.850.34-0.35-0.970.97-0.73
0.430.3-0.690.66-0.39-0.05-0.730.410.410.10.27-0.32-0.690.380.37-0.540.470.060.460.370.340.59-0.340.480.07
0.45-0.06-0.770.7-0.77-0.65-0.720.750.75-0.350.82-0.65-0.760.710.02-0.320.320.12-0.28-0.24-0.350.590.39-0.290.72
-0.14-0.49-0.02-0.1-0.39-0.740.090.320.32-0.570.52-0.38-0.020.29-0.440.23-0.340.29-0.96-0.85-0.97-0.340.39-0.960.81
0.190.51-0.080.190.290.64-0.2-0.23-0.230.54-0.410.33-0.09-0.20.46-0.220.38-0.241.00.830.970.48-0.29-0.96-0.68
0.11-0.29-0.360.25-0.61-0.81-0.270.560.56-0.530.74-0.57-0.350.54-0.250.19-0.070.27-0.69-0.64-0.730.070.720.81-0.68
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Sienna Resources Account Relationship Matchups

Sienna Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2M1.7M2.1M1.2M3.5M3.7M
Other Current Liab33.2K47.7K40.2K46.5K36.5K33.9K
Total Current Liabilities916.4K377.5K71.6K245.1K142.4K135.3K
Total Stockholder Equity1.3M1.3M2.0M952.9K3.3M3.5M
Net Debt(468.4K)(1.2M)(723.0K)(28.1K)(1.3M)(1.3M)
Retained Earnings(22.5M)(25.1M)(26.1M)(27.2M)(28.5M)(27.1M)
Accounts Payable883.2K329.8K31.4K158.6K105.9K100.6K
Cash468.4K1.2M759.2K68.1K1.3M1.4M
Cash And Short Term Investments468.4K1.2M759.2K68.1K1.3M1.4M
Net Receivables23.0K36.8K15.6K11.3K5.2K4.9K
Common Stock Shares Outstanding57.6M81.5M119.4M125.0M177.7M186.6M
Liabilities And Stockholders Equity2.2M1.7M2.1M1.2M3.5M3.7M
Other Stockholder Equity3.5M3.8M4.3M4.3M5.0M9.7M
Total Liab916.4K410.3K107.8K245.1K142.4K135.3K
Total Current Assets497.2K1.3M777.5K82.2K1.4M1.5M
Non Current Assets Total1.7M422.5K1.3M1.1M2.1M1.1M
Other Current Assets5.8K11.5K2.7K2.8K40.8K25.2K
Property Plant And Equipment Net1.3M422.5K1.3M1.1M2.1M2.2M
Non Currrent Assets Other1.2M1.6M1.7M18.3K32.4K30.7K
Accumulated Other Comprehensive Income3.5M3.8M4.3M4.3M4.9M2.9M
Net Tangible Assets1.3M1.3M2.0M952.9K1.1M603.4K
Common Stock20.3M22.6M23.7M23.9M27.0M18.8M
Property Plant Equipment1.3M422.5K1.3M1.1M1.3M1.0M
Net Invested Capital1.3M1.3M2.0M992.9K3.3M3.5M
Net Working Capital(419.2K)907.9K705.9K(162.9K)1.2M1.3M
Capital Stock20.3M22.6M23.7M23.9M27.0M25.2M

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Additional Tools for Sienna Stock Analysis

When running Sienna Resources' price analysis, check to measure Sienna Resources' 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 Sienna Resources is operating at the current time. Most of Sienna Resources' value examination focuses on studying past and present price action to predict the probability of Sienna Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sienna Resources' price. Additionally, you may evaluate how the addition of Sienna Resources to your portfolios can decrease your overall portfolio volatility.