Snipp Book Value Per Share vs Ev To Sales Analysis

SPN Stock  CAD 0.07  0.01  7.14%   
Snipp Interactive financial indicator trend analysis is much more than just breaking down Snipp Interactive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Snipp Interactive is a good investment. Please check the relationship between Snipp Interactive Book Value Per Share and its Ev To Sales accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snipp Interactive. 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.

Book Value Per Share vs Ev To Sales

Book Value Per Share vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snipp Interactive Book Value Per Share account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Snipp Interactive's Book Value Per Share and Ev To Sales is -0.26. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Snipp Interactive, assuming nothing else is changed. The correlation between historical values of Snipp Interactive's Book Value Per Share 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 Book Value Per Share of Snipp Interactive 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 Book Value Per Share i.e., Snipp Interactive's Book Value Per Share and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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 Snipp Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Snipp Interactive 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 Snipp Interactive. 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 drop to about 10.4 M in 2024. Tax Provision is likely to drop to about 24.4 K in 2024
 2022 2023 2024 (projected)
Tax Provision30.3K40.9K24.4K
Interest Income54.6K131.8K138.4K

Snipp Interactive fundamental ratios Correlations

0.250.880.970.55-0.57-0.570.750.750.910.620.890.950.750.330.870.970.6-0.50.720.760.610.20.450.490.66
0.25-0.040.32-0.24-0.430.380.410.410.09-0.290.080.24-0.23-0.04-0.080.25-0.250.41-0.27-0.250.130.71-0.22-0.170.63
0.88-0.040.760.76-0.49-0.80.680.680.840.820.970.90.910.390.940.810.69-0.640.880.790.68-0.210.260.620.4
0.970.320.760.4-0.53-0.430.690.690.880.490.740.890.630.260.780.970.51-0.460.60.710.470.380.530.380.71
0.55-0.240.760.4-0.49-0.850.550.550.470.750.740.650.780.760.670.450.88-0.50.730.450.52-0.560.070.89-0.09
-0.57-0.43-0.49-0.53-0.490.41-0.94-0.94-0.26-0.48-0.55-0.74-0.48-0.25-0.5-0.4-0.480.08-0.41-0.02-0.430.00.04-0.49-0.15
-0.570.38-0.8-0.43-0.850.41-0.44-0.44-0.54-0.96-0.74-0.63-0.94-0.47-0.85-0.49-0.890.71-0.93-0.65-0.60.57-0.32-0.730.13
0.750.410.680.690.55-0.94-0.441.00.490.530.740.890.570.250.640.60.47-0.190.510.230.520.030.00.50.36
0.750.410.680.690.55-0.94-0.441.00.490.530.740.890.570.250.640.60.47-0.190.510.230.520.030.00.50.36
0.910.090.840.880.47-0.26-0.540.490.490.550.820.820.680.210.820.920.5-0.610.670.890.580.140.440.40.7
0.62-0.290.820.490.75-0.48-0.960.530.530.550.770.70.970.320.870.520.82-0.710.940.620.63-0.480.340.65-0.08
0.890.080.970.740.74-0.55-0.740.740.740.820.770.920.860.420.890.80.66-0.50.810.710.76-0.170.210.620.43
0.950.240.90.890.65-0.74-0.630.890.890.820.70.920.780.320.860.850.64-0.470.740.620.650.030.270.590.52
0.75-0.230.910.630.78-0.48-0.940.570.570.680.970.860.780.410.930.680.84-0.710.980.730.64-0.370.410.680.08
0.33-0.040.390.260.76-0.25-0.470.250.250.210.320.420.320.410.290.350.71-0.070.370.20.26-0.220.150.75-0.06
0.87-0.080.940.780.67-0.5-0.850.640.640.820.870.890.860.930.290.820.72-0.730.920.840.65-0.150.440.530.34
0.970.250.810.970.45-0.4-0.490.60.60.920.520.80.850.680.350.820.54-0.490.660.810.540.330.560.390.72
0.6-0.250.690.510.88-0.48-0.890.470.470.50.820.660.640.840.710.720.54-0.540.820.520.51-0.40.40.88-0.1
-0.50.41-0.64-0.46-0.50.080.71-0.19-0.19-0.61-0.71-0.5-0.47-0.71-0.07-0.73-0.49-0.54-0.69-0.74-0.250.27-0.38-0.35-0.09
0.72-0.270.880.60.73-0.41-0.930.510.510.670.940.810.740.980.370.920.660.82-0.690.730.55-0.350.40.650.08
0.76-0.250.790.710.45-0.02-0.650.230.230.890.620.710.620.730.20.840.810.52-0.740.730.54-0.020.60.30.46
0.610.130.680.470.52-0.43-0.60.520.520.580.630.760.650.640.260.650.540.51-0.250.550.54-0.250.240.440.24
0.20.71-0.210.38-0.560.00.570.030.030.14-0.48-0.170.03-0.37-0.22-0.150.33-0.40.27-0.35-0.02-0.250.17-0.490.72
0.45-0.220.260.530.070.04-0.320.00.00.440.340.210.270.410.150.440.560.4-0.380.40.60.240.170.160.11
0.49-0.170.620.380.89-0.49-0.730.50.50.40.650.620.590.680.750.530.390.88-0.350.650.30.44-0.490.16-0.11
0.660.630.40.71-0.09-0.150.130.360.360.7-0.080.430.520.08-0.060.340.72-0.1-0.090.080.460.240.720.11-0.11
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Snipp Interactive Account Relationship Matchups

Snipp Interactive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.8M6.3M7.5M15.5M13.4M9.6M
Other Current Liab49.3K19.5K3.2K34.3K58.3K55.4K
Total Current Liabilities4.4M4.8M3.9M6.2M6.5M4.0M
Total Stockholder Equity2.4M1.5M3.6M9.3M6.4M5.2M
Current Deferred Revenue1.8M1.7M1.9M2.8M3.7M3.9M
Net Debt(848.7K)(1.6M)(1.7M)(5.6M)(2.4M)(2.5M)
Retained Earnings(31.5M)(32.8M)(30.7M)(33.5M)(36.9M)(35.1M)
Cash848.7K1.9M1.7M5.6M2.9M2.1M
Cash And Short Term Investments848.7K1.9M1.7M5.6M2.9M2.1M
Net Receivables2.1M1.2M2.2M2.5M2.1M2.1M
Common Stock Shares Outstanding226.2M229.3M248.6M271.9M282.3M169.6M
Liabilities And Stockholders Equity6.8M6.3M7.5M15.5M13.4M9.6M
Total Liab4.4M4.8M3.9M6.2M7.0M4.3M
Total Current Assets3.4M3.6M4.9M9.1M6.5M4.7M
Accumulated Other Comprehensive Income(1.3M)(1.1M)(1.3M)(1.7M)5.2M5.5M
Property Plant And Equipment Net21.8K17.5K19.1K22.1K560.6K588.6K
Accounts Payable2.5M2.7M2.0M3.3M2.7M2.2M
Non Current Assets Total3.4M2.7M2.6M6.4M7.0M5.3M
Short Term Investments435.6K421.0K908.7K805.9K1.2M1.3M
Other Stockholder Equity5.7M5.8M5.9M6.5M7.5M4.7M
Intangible Assets3.4M2.7M2.2M2.6M2.8M2.9M
Net Tangible Assets285.5K1.2M(983.7K)(1.2M)(1.1M)(1.0M)
Property Plant Equipment66.3K43.4K21.8K17.5K15.8K15.0K
Non Currrent Assets Other(3.4M)(2.7M)300K240.5K67.9K64.5K
Net Invested Capital2.4M1.8M3.6M9.3M6.4M4.9M
Net Working Capital(1.0M)(1.2M)999.5K2.9M(33.1K)(31.4K)

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Additional Tools for Snipp Stock Analysis

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