Stellar Price To Sales Ratio vs Ptb Ratio Analysis

SPX Stock

CAD 0.10 0.05 33.33%

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

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

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

The correlation between Stellar AfricaGold's Price To Sales Ratio and Ptb Ratio is -0.09. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Stellar AfricaGold, assuming nothing else is changed. The correlation between historical values of Stellar AfricaGold's Price To Sales Ratio and Ptb 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 Price To Sales Ratio of Stellar AfricaGold are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Stellar AfricaGold's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

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Price To Sales Ratio

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

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Stellar AfricaGold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stellar AfricaGold 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 Stellar AfricaGold. 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 649.2 K in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

Stellar AfricaGold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Non Currrent Assets Other	Non Current Liabilities Total	Short Term Investments	Common Stock	Current Deferred Revenue	Short Term Debt	Net Tangible Assets	Long Term Investments	Property Plant Equipment
Total Assets		0.07	0.92	-0.3	0.19	0.4	0.4	0.92	0.3	0.26	-0.26	0.16	0.64	0.0	0.39	-0.15	0.35	-0.17	-0.25	-0.27	-0.02	-0.04	0.01	0.08	0.12	-0.21
Total Current Liabilities	0.07		-0.31	0.8	-0.31	0.12	-0.32	0.11	-0.21	0.1	-0.07	-0.25	0.04	0.95	-0.1	0.8	-0.05	-0.35	-0.15	0.38	0.13	0.37	0.89	-0.6	-0.03	0.11
Total Stockholder Equity	0.92	-0.31		-0.62	0.3	0.35	0.49	0.82	0.38	0.21	-0.18	0.24	0.6	-0.39	0.42	-0.49	0.37	-0.04	-0.28	-0.32	-0.06	-0.22	-0.35	0.35	0.09	-0.24
Net Debt	-0.3	0.8	-0.62		-0.17	-0.18	-0.66	-0.15	-0.57	0.03	-0.04	-0.32	-0.15	0.87	-0.41	0.87	-0.32	-0.04	0.32	0.36	-0.03	0.44	0.83	-0.7	-0.2	0.17
Retained Earnings	0.19	-0.31	0.3	-0.17		-0.1	-0.07	0.28	-0.21	-0.03	-0.65	-0.13	0.23	-0.35	-0.19	-0.12	0.03	0.92	0.31	-0.35	-0.89	0.37	-0.08	-0.24	-0.33	-0.62
Accounts Payable	0.4	0.12	0.35	-0.18	-0.1		-0.06	0.44	-0.13	0.13	-0.29	-0.18	0.27	0.05	-0.02	-0.33	0.23	-0.33	-0.46	-0.09	0.09	0.24	-0.2	-0.09	-0.2	-0.35
Cash	0.4	-0.32	0.49	-0.66	-0.07	-0.06		0.1	0.95	0.08	0.14	0.4	0.13	-0.34	0.75	-0.23	0.11	-0.14	-0.1	-0.42	0.16	-0.45	-0.22	0.54	0.74	0.2
Non Current Assets Total	0.92	0.11	0.82	-0.15	0.28	0.44	0.1		0.0	-0.01	-0.4	0.05	0.66	0.07	-0.01	-0.13	0.4	-0.07	-0.16	-0.16	-0.14	0.24	0.02	-0.18	-0.15	-0.41
Cash And Short Term Investments	0.3	-0.21	0.38	-0.57	-0.21	-0.13	0.95	0.0		0.01	0.37	0.34	0.09	-0.26	0.74	-0.16	0.07	-0.25	-0.22	-0.12	0.33	-0.58	-0.13	0.61	0.7	0.39
Net Receivables	0.26	0.1	0.21	0.03	-0.03	0.13	0.08	-0.01	0.01		0.01	-0.07	0.03	0.06	0.67	0.06	-0.13	-0.15	-0.16	-0.27	0.04	-0.34	0.1	0.25	0.16	0.19
Common Stock Shares Outstanding	-0.26	-0.07	-0.18	-0.04	-0.65	-0.29	0.14	-0.4	0.37	0.01		0.22	-0.22	-0.04	0.33	-0.05	-0.29	-0.49	-0.17	0.56	0.76	-0.81	-0.09	0.67	0.27	0.9
Other Current Assets	0.16	-0.25	0.24	-0.32	-0.13	-0.18	0.4	0.05	0.34	-0.07	0.22		0.04	-0.26	0.26	-0.16	-0.06	-0.12	0.05	-0.29	0.17	-0.34	-0.15	0.26	0.63	0.17
Other Stockholder Equity	0.64	0.04	0.6	-0.15	0.23	0.27	0.13	0.66	0.09	0.03	-0.22	0.04		0.01	0.09	-0.11	0.71	-0.02	-0.11	-0.19	-0.1	0.12	-0.01	-0.08	-0.14	-0.24
Total Liab	0.0	0.95	-0.39	0.87	-0.35	0.05	-0.34	0.07	-0.26	0.06	-0.04	-0.26	0.01		-0.16	0.87	-0.13	-0.34	0.1	0.3	0.14	0.41	0.88	-0.64	0.0	0.19
Total Current Assets	0.39	-0.1	0.42	-0.41	-0.19	-0.02	0.75	-0.01	0.74	0.67	0.33	0.26	0.09	-0.16		-0.1	-0.04	-0.29	-0.27	-0.25	0.29	-0.69	-0.05	0.65	0.63	0.44
Short Long Term Debt Total	-0.15	0.8	-0.49	0.87	-0.12	-0.33	-0.23	-0.13	-0.16	0.06	-0.05	-0.16	-0.11	0.87	-0.1		-0.35	0.0	0.41	0.17	-0.07	0.34	0.95	-0.61	0.17	0.27
Other Current Liab	0.35	-0.05	0.37	-0.32	0.03	0.23	0.11	0.4	0.07	-0.13	-0.29	-0.06	0.71	-0.13	-0.04	-0.35		-0.19	-0.38	-0.17	0.03	0.2	-0.26	-0.06	-0.28	-0.47
Non Currrent Assets Other	-0.17	-0.35	-0.04	-0.04	0.92	-0.33	-0.14	-0.07	-0.25	-0.15	-0.49	-0.12	-0.02	-0.34	-0.29	0.0	-0.19		0.51	-0.28	-0.89	0.33	-0.04	-0.25	-0.26	-0.45
Non Current Liabilities Total	-0.25	-0.15	-0.28	0.32	0.31	-0.46	-0.1	-0.16	-0.22	-0.16	-0.17	0.05	-0.11	0.1	-0.27	0.41	-0.38	0.51		-0.39	-0.39	0.29	0.15	-0.34	0.14	0.05
Short Term Investments	-0.27	0.38	-0.32	0.36	-0.35	-0.09	-0.42	-0.16	-0.12	-0.27	0.56	-0.29	-0.19	0.3	-0.25	0.17	-0.17	-0.28	-0.39		0.41	-0.22	0.26	0.09	-0.39	0.4
Common Stock	-0.02	0.13	-0.06	-0.03	-0.89	0.09	0.16	-0.14	0.33	0.04	0.76	0.17	-0.1	0.14	0.29	-0.07	0.03	-0.89	-0.39	0.41		-0.56	-0.08	0.47	0.28	0.67
Current Deferred Revenue	-0.04	0.37	-0.22	0.44	0.37	0.24	-0.45	0.24	-0.58	-0.34	-0.81	-0.34	0.12	0.41	-0.69	0.34	0.2	0.33	0.29	-0.22	-0.56		0.33	-0.93	-0.38	-0.71
Short Term Debt	0.01	0.89	-0.35	0.83	-0.08	-0.2	-0.22	0.02	-0.13	0.1	-0.09	-0.15	-0.01	0.88	-0.05	0.95	-0.26	-0.04	0.15	0.26	-0.08	0.33		-0.61	0.13	0.19
Net Tangible Assets	0.08	-0.6	0.35	-0.7	-0.24	-0.09	0.54	-0.18	0.61	0.25	0.67	0.26	-0.08	-0.64	0.65	-0.61	-0.06	-0.25	-0.34	0.09	0.47	-0.93	-0.61		0.3	0.51
Long Term Investments	0.12	-0.03	0.09	-0.2	-0.33	-0.2	0.74	-0.15	0.7	0.16	0.27	0.63	-0.14	0.0	0.63	0.17	-0.28	-0.26	0.14	-0.39	0.28	-0.38	0.13	0.3		0.49
Property Plant Equipment	-0.21	0.11	-0.24	0.17	-0.62	-0.35	0.2	-0.41	0.39	0.19	0.9	0.17	-0.24	0.19	0.44	0.27	-0.47	-0.45	0.05	0.4	0.67	-0.71	0.19	0.51	0.49

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Stellar AfricaGold Account Relationship Matchups

Stellar AfricaGold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0M	2.3M	1.4M	370.1K	333.1K	316.5K
Total Current Liabilities	901.6K	266.5K	263.6K	394.9K	454.1K	692.3K
Total Stockholder Equity	1.1M	2.0M	1.1M	(24.7K)	(22.3K)	(21.2K)
Net Debt	220.8K	(1.6M)	(737.2K)	(59.3K)	(68.2K)	(64.8K)
Retained Earnings	(21.9M)	(23.1M)	(24.7M)	(25.8M)	(23.2M)	(24.4M)
Accounts Payable	309.4K	196.5K	139.1K	189.7K	170.7K	248.8K
Cash	315.5K	1.7M	737.2K	59.3K	68.2K	64.8K
Cash And Short Term Investments	315.5K	1.7M	737.2K	360.8K	414.9K	325.1K
Net Receivables	1.5M	97.5K	39.5K	7.1K	8.2K	7.8K
Common Stock Shares Outstanding	65.3M	80.8M	101.9M	111.4M	128.2M	134.6M
Liabilities And Stockholders Equity	2.0M	2.3M	1.4M	370.1K	333.1K	316.5K
Other Stockholder Equity	4.0M	4.0M	4.2M	4.3M	3.9M	4.7M
Total Liab	901.6K	266.5K	263.6K	394.9K	454.1K	843.9K
Total Current Assets	1.8M	1.8M	924.8K	370.1K	425.7K	528.3K
Short Long Term Debt Total	1.5M	2.2M	536.3K	70K	80.5K	76.5K
Common Stock	18.8M	20.2M	20.5M	20.6M	23.6M	19.7M
Short Term Debt	819.6K	2.2M	536.3K	70K	80.5K	76.5K
Net Tangible Assets	(1.8M)	1.1M	2.0M	1.1M	1.3M	1.4M
Net Invested Capital	1.3M	2.1M	1.1M	(24.7K)	(28.5K)	(27.0K)
Short Long Term Debt	819.6K	787.8K	188.4K	70K	63K	59.9K
Net Working Capital	937.4K	1.5M	661.2K	(24.7K)	(28.5K)	(29.9K)
Capital Stock	18.8M	20.2M	20.5M	20.6M	23.6M	21.6M

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