TOI Stock | | | CAD 118.00 1.20 1.01% |
Topicus financial indicator trend analysis is much more than just breaking down Topicus prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Topicus is a good investment. Please check the relationship between Topicus Days Sales Outstanding and its Book Value Per Share accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Topicus. 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.
Days Sales Outstanding vs Book Value Per Share
Days Sales Outstanding vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Topicus Days Sales Outstanding account and
Book Value Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Topicus' Days Sales Outstanding and Book Value Per Share is 0.53. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Topicus, assuming nothing else is changed. The correlation between historical values of Topicus' Days Sales Outstanding and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Topicus are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Days Sales Outstanding i.e., Topicus' Days Sales Outstanding and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Days Sales Outstanding
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.
Most indicators from Topicus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Topicus 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 Topicus. 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, Topicus'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 27.53 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
Topicus fundamental ratios Correlations
Click cells to compare fundamentals
Topicus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Topicus fundamental ratios Accounts
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Additional Tools for Topicus Stock Analysis
When running Topicus' price analysis, check to
measure Topicus' 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 Topicus is operating at the current time. Most of Topicus' value examination focuses on studying past and present price action to
predict the probability of Topicus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topicus' price. Additionally, you may evaluate how the addition of Topicus to your portfolios can decrease your overall portfolio volatility.