Titan Ev To Sales vs Pb Ratio Analysis

TLA Stock  CAD 0.72  0.08  10.00%   
Titan Logix financial indicator trend analysis is much more than just breaking down Titan Logix Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan Logix Corp is a good investment. Please check the relationship between Titan Logix 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 Titan Logix Corp. 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 Titan Logix Corp Ev To Sales account and Pb Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Titan Logix's Ev To Sales and Pb Ratio is 0.38. 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 Titan Logix Corp, assuming nothing else is changed. The correlation between historical values of Titan Logix'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 Titan Logix Corp 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., Titan Logix's Ev To Sales and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

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 Titan Logix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan Logix Corp 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 Titan Logix Corp. 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, Titan Logix's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.23 in 2024, whereas Enterprise Value is likely to drop slightly above 4.5 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue4.3M6.2M5.6M6.3M
Depreciation And Amortization366.1K344.6K396.3K293.6K

Titan Logix fundamental ratios Correlations

-0.54-0.570.990.1-0.760.98-0.510.280.2-0.220.830.270.280.0-0.290.92-0.80.360.810.910.42-0.58-0.04-0.220.0
-0.540.42-0.590.560.6-0.620.42-0.120.110.02-0.420.25-0.18-0.10.5-0.510.76-0.68-0.48-0.5-0.080.28-0.210.03-0.05
-0.570.42-0.660.40.65-0.480.97-0.3-0.610.84-0.720.110.490.710.9-0.470.610.14-0.63-0.66-0.160.94-0.110.610.53
0.99-0.59-0.66-0.01-0.790.97-0.60.30.24-0.30.850.180.19-0.08-0.410.91-0.820.340.820.920.4-0.65-0.01-0.25-0.05
0.10.560.4-0.010.10.070.39-0.09-0.10.25-0.050.740.450.360.730.140.27-0.220.040.020.20.23-0.360.050.13
-0.760.60.65-0.790.1-0.780.660.07-0.010.43-0.52-0.12-0.140.10.46-0.810.61-0.24-0.97-0.86-0.420.62-0.080.310.03
0.98-0.62-0.480.970.07-0.78-0.450.240.04-0.120.710.220.420.16-0.230.92-0.770.50.80.880.41-0.47-0.06-0.110.15
-0.510.420.97-0.60.390.66-0.45-0.27-0.470.86-0.610.180.440.640.88-0.430.540.12-0.65-0.62-0.160.86-0.050.510.41
0.28-0.12-0.30.3-0.090.070.24-0.270.52-0.080.420.02-0.24-0.15-0.23-0.11-0.350.36-0.07-0.06-0.34-0.25-0.4-0.09-0.28
0.20.11-0.610.24-0.1-0.010.04-0.470.52-0.560.60.2-0.64-0.74-0.520.0-0.28-0.390.010.15-0.22-0.72-0.07-0.68-0.79
-0.220.020.84-0.30.250.43-0.120.86-0.08-0.56-0.360.160.580.770.76-0.190.120.5-0.45-0.42-0.130.82-0.080.60.45
0.83-0.42-0.720.85-0.05-0.520.71-0.610.420.6-0.360.29-0.17-0.39-0.520.69-0.850.090.570.750.19-0.720.1-0.51-0.46
0.270.250.110.180.74-0.120.220.180.020.20.160.290.350.190.420.27-0.18-0.110.150.180.2-0.01-0.27-0.46-0.28
0.28-0.180.490.190.45-0.140.420.44-0.24-0.640.58-0.170.350.880.630.39-0.090.490.140.170.370.5-0.270.40.71
0.0-0.10.71-0.080.360.10.160.64-0.15-0.740.77-0.390.190.880.740.060.110.62-0.11-0.16-0.040.74-0.170.590.76
-0.290.50.9-0.410.730.46-0.230.88-0.23-0.520.76-0.520.420.630.74-0.210.50.09-0.4-0.420.00.79-0.220.510.51
0.92-0.51-0.470.910.14-0.810.92-0.43-0.110.0-0.190.690.270.390.06-0.21-0.690.230.870.970.57-0.50.12-0.190.11
-0.80.760.61-0.820.270.61-0.770.54-0.35-0.280.12-0.85-0.18-0.090.110.5-0.69-0.46-0.55-0.69-0.220.52-0.110.320.24
0.36-0.680.140.34-0.22-0.240.50.120.36-0.390.50.09-0.110.490.620.090.23-0.460.150.1-0.120.26-0.020.380.4
0.81-0.48-0.630.820.04-0.970.8-0.65-0.070.01-0.450.570.150.14-0.11-0.40.87-0.550.150.910.46-0.620.07-0.290.0
0.91-0.5-0.660.920.02-0.860.88-0.62-0.060.15-0.420.750.180.17-0.16-0.420.97-0.690.10.910.52-0.680.17-0.32-0.03
0.42-0.08-0.160.40.2-0.420.41-0.16-0.34-0.22-0.130.190.20.37-0.040.00.57-0.22-0.120.460.52-0.16-0.14-0.130.15
-0.580.280.94-0.650.230.62-0.470.86-0.25-0.720.82-0.72-0.010.50.740.79-0.50.520.26-0.62-0.68-0.16-0.10.640.58
-0.04-0.21-0.11-0.01-0.36-0.08-0.06-0.05-0.4-0.07-0.080.1-0.27-0.27-0.17-0.220.12-0.11-0.020.070.17-0.14-0.1-0.01-0.08
-0.220.030.61-0.250.050.31-0.110.51-0.09-0.680.6-0.51-0.460.40.590.51-0.190.320.38-0.29-0.32-0.130.64-0.010.82
0.0-0.050.53-0.050.130.030.150.41-0.28-0.790.45-0.46-0.280.710.760.510.110.240.40.0-0.030.150.58-0.080.82
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Titan Logix Account Relationship Matchups

Titan Logix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.7M16.3M17.5M18.3M21.1M13.1M
Total Current Liabilities561.8K482.0K683.6K788.3K709.5K775.8K
Total Stockholder Equity15.8M15.5M16.7M16.9M19.4M11.8M
Property Plant And Equipment Net774.3K609.4K430.3K935.3K1.1M561.6K
Net Debt(8.9M)(9.4M)(9.0M)(9.0M)(8.1M)(8.5M)
Retained Earnings9.3M9.0M10.2M10.2M11.8M6.6M
Accounts Payable199.2K99.1K384.9K384.5K346.0K409.2K
Non Current Assets Total5.2M4.4M958.0K3.0M3.5M2.8M
Net Receivables606.7K730.1K833.5K935.7K842.1K1.0M
Liabilities And Stockholders Equity16.7M16.3M17.5M18.3M21.1M13.1M
Non Current Liabilities Total383.9K253.7K117.3K681.5K783.7K822.9K
Inventory1.0M924.3K1.3M1.4M1.3M1.1M
Total Liab945.8K735.7K801.0K1.5M1.3M934.3K
Total Current Assets11.5M11.9M16.5M15.3M17.6M10.3M
Intangible Assets1.0M715.8K527.6K353.5K406.6K809.4K
Cash9.4M9.8M9.3M9.8M11.2M6.7M
Cash And Short Term Investments9.8M10.2M14.3M12.8M14.7M7.9M
Other Current Assets116.3K41.9K135.5K200.7K180.7K121.1K
Other Current Liab231.8K252.8K162.3K307.5K276.8K327.7K
Short Term Investments385.4K385.9K5.0M3.0M2.7M2.5M
Net Tangible Assets16.3M15.7M15.5M16.7M15.0M13.4M
Other Assets1.3M1.0M693.5K509.1K458.2K435.3K
Deferred Long Term Liab1.3M1.0M693.5K509.1K458.2K435.3K
Property Plant Equipment218.0K774.3K609.4K430.3K387.3K413.4K
Capital Lease Obligations514.8K383.9K253.7K777.7K894.4K939.1K
Net Invested Capital15.8M15.5M16.7M16.9M19.4M17.8M
Net Working Capital11.0M11.4M15.9M14.5M16.7M13.9M
Long Term Investments3.4M3.1M0.01.7M1.6M2.2M

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