Sun Ev To Sales vs Pb Ratio Analysis

SMN Stock  CAD 0.14  0.01  6.67%   
Sun Summit financial indicator trend analysis is much more than just breaking down Sun Summit Minerals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sun Summit Minerals is a good investment. Please check the relationship between Sun Summit Ev To Sales and its Pb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Summit 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.

Ev To Sales vs Pb Ratio

Ev To Sales vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Summit Minerals Ev To Sales account and Pb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sun Summit's Ev To Sales and Pb Ratio is 0.53. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Sun Summit Minerals, assuming nothing else is changed. The correlation between historical values of Sun Summit's Ev To Sales and Pb 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 Ev To Sales of Sun Summit Minerals are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Ev To Sales i.e., Sun Summit's Ev To Sales and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Pb Ratio

Most indicators from Sun Summit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sun Summit 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Summit 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.
Selling General Administrative is likely to climb to about 971.5 K in 2024. Issuance Of Capital Stock is likely to climb to about 3.4 M in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses6.0M3.9M3.5M5.8M
Cost Of Revenue8.5K7.3K6.6K6.2K

Sun Summit fundamental ratios Correlations

1.00.821.01.00.970.951.0-0.741.01.0-0.131.00.1-0.350.931.00.981.00.990.99-0.821.00.44-0.30.39
1.00.821.01.00.960.961.0-0.761.01.0-0.161.00.1-0.350.911.00.981.00.990.99-0.821.00.44-0.30.34
0.820.820.840.820.740.690.82-0.410.80.820.170.820.020.050.650.810.840.830.850.85-0.660.820.03-0.540.38
1.01.00.841.00.960.951.0-0.751.01.0-0.141.00.1-0.330.91.00.981.00.990.99-0.811.00.41-0.310.35
1.01.00.821.00.980.941.0-0.741.01.0-0.121.00.11-0.360.931.00.971.00.990.98-0.811.00.44-0.290.41
0.970.960.740.960.980.940.96-0.780.980.96-0.20.960.1-0.430.980.960.930.960.950.92-0.790.960.51-0.20.5
0.950.960.690.950.940.940.95-0.920.960.96-0.440.950.06-0.40.90.960.940.950.910.93-0.770.960.52-0.190.21
1.01.00.821.01.00.960.95-0.761.01.0-0.151.00.1-0.350.911.00.981.00.990.99-0.821.00.44-0.30.34
-0.74-0.76-0.41-0.75-0.74-0.78-0.92-0.76-0.77-0.760.75-0.76-0.070.46-0.77-0.77-0.75-0.75-0.67-0.720.62-0.76-0.6-0.020.01
1.01.00.81.01.00.980.961.0-0.771.0-0.171.00.1-0.370.941.00.971.00.990.98-0.811.00.46-0.280.39
1.01.00.821.01.00.960.961.0-0.761.0-0.161.00.1-0.350.911.00.981.00.990.99-0.821.00.44-0.30.34
-0.13-0.160.17-0.14-0.12-0.2-0.44-0.150.75-0.17-0.16-0.160.10.27-0.23-0.16-0.16-0.14-0.03-0.110.13-0.16-0.41-0.270.4
1.01.00.821.01.00.960.951.0-0.761.01.0-0.160.09-0.340.911.00.981.00.990.99-0.811.00.43-0.30.35
0.10.10.020.10.110.10.060.1-0.070.10.10.10.09-0.650.160.110.110.10.110.09-0.260.10.450.44-0.05
-0.35-0.350.05-0.33-0.36-0.43-0.4-0.350.46-0.37-0.350.27-0.34-0.65-0.53-0.36-0.3-0.34-0.31-0.280.51-0.35-0.9-0.610.04
0.930.910.650.90.930.980.90.91-0.770.940.91-0.230.910.16-0.530.910.870.910.890.86-0.770.910.62-0.090.52
1.01.00.811.01.00.960.961.0-0.771.01.0-0.161.00.11-0.360.910.981.00.990.99-0.821.00.45-0.290.34
0.980.980.840.980.970.930.940.98-0.750.970.98-0.160.980.11-0.30.870.980.980.980.98-0.80.980.43-0.350.29
1.01.00.831.01.00.960.951.0-0.751.01.0-0.141.00.1-0.340.911.00.980.990.99-0.821.00.42-0.310.35
0.990.990.850.990.990.950.910.99-0.670.990.99-0.030.990.11-0.310.890.990.980.990.99-0.810.990.39-0.340.4
0.990.990.850.990.980.920.930.99-0.720.980.99-0.110.990.09-0.280.860.990.980.990.99-0.80.990.36-0.360.3
-0.82-0.82-0.66-0.81-0.81-0.79-0.77-0.820.62-0.81-0.820.13-0.81-0.260.51-0.77-0.82-0.8-0.82-0.81-0.8-0.82-0.530.06-0.13
1.01.00.821.01.00.960.961.0-0.761.01.0-0.161.00.1-0.350.911.00.981.00.990.99-0.820.44-0.30.34
0.440.440.030.410.440.510.520.44-0.60.460.44-0.410.430.45-0.90.620.450.430.420.390.36-0.530.440.5-0.06
-0.3-0.3-0.54-0.31-0.29-0.2-0.19-0.3-0.02-0.28-0.3-0.27-0.30.44-0.61-0.09-0.29-0.35-0.31-0.34-0.360.06-0.30.5-0.31
0.390.340.380.350.410.50.210.340.010.390.340.40.35-0.050.040.520.340.290.350.40.3-0.130.34-0.06-0.31
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Sun Summit Account Relationship Matchups

Sun Summit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4M3.3M3.5M2.2M2.0M1.9M
Total Current Liabilities234.9K638.7K551.1K240.6K216.5K205.7K
Total Stockholder Equity3.2M2.6M2.9M2.0M1.8M1.7M
Property Plant And Equipment Net214.7K536.7K689.2K978.8K880.9K836.8K
Net Debt(3.0M)(2.2M)(2.1M)(881.0K)(792.9K)(753.3K)
Accounts Payable28.2K143.7K153.1K29.1K26.2K24.9K
Cash3.0M2.2M2.1M881.0K1.0M1.1M
Non Current Assets Total244.3K564.2K1.3M1.1M1.0M963.9K
Cash And Short Term Investments3.0M2.2M2.1M881.5K1.0M686.6K
Net Receivables89.8K177.3K102.5K186.9K168.2K159.8K
Common Stock Shares Outstanding12.7M19.2M24.4M30.9M35.5M37.3M
Short Term Investments1.5K875.0636.0474.0426.6405.27
Liabilities And Stockholders Equity3.4M3.3M3.5M2.2M2.0M1.9M
Other Current Assets54.4K18.9K11.1K43.0K38.7K36.8K
Total Liab234.9K638.7K551.1K240.6K216.5K205.7K
Total Current Assets3.2M2.7M2.2M1.1M1.0M950.2K
Retained Earnings(19.2M)(26.7M)(31.5M)(35.2M)(31.7M)(30.1M)
Other Stockholder Equity3.2M4.7M5.0M1.01.151.09
Accumulated Other Comprehensive Income3.2M4.7M5.0M5.1M5.8M3.0M
Net Tangible Assets628.3K3.2M2.6M2.9M3.4M1.9M
Other Assets4.2K4.2K27.5K112K128.8K135.2K
Common Stock19.2M24.7M29.4M32.1M36.9M38.8M
Property Plant Equipment168.4K214.7K536.7K689.2K620.3K490.5K
Net Invested Capital3.2M2.6M2.9M2.0M2.3M2.2M
Net Working Capital3.0M2.1M1.8M883.4K1.0M1.7M
Capital Stock19.2M24.7M29.4M32.1M36.9M24.4M

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