Trugolf Income Quality vs Price To Sales Ratio Analysis
TRUG Stock | 0.50 0.03 6.38% |
Trugolf financial indicator trend analysis is much more than just breaking down Trugolf prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trugolf is a good investment. Please check the relationship between Trugolf Income Quality and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trugolf. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Trugolf Stock please use our How to Invest in Trugolf guide.
Income Quality vs Price To Sales Ratio
Income Quality vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trugolf Income Quality account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Trugolf's Income Quality and Price To Sales Ratio is 0.16. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Trugolf, assuming nothing else is changed. The correlation between historical values of Trugolf's Income Quality and Price To Sales 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 Income Quality of Trugolf are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Income Quality i.e., Trugolf's Income Quality and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Trugolf stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Trugolf sales, a figure that is much harder to manipulate than other Trugolf 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.Most indicators from Trugolf's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trugolf 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 Trugolf. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Trugolf Stock please use our How to Invest in Trugolf guide.The Trugolf's current Enterprise Value is estimated to increase to about 135.3 M, while Selling General Administrative is projected to decrease to roughly 10.9 M.
2021 | 2024 | 2025 (projected) | Interest Expense | 1.6M | 1.8M | 1.3M | Depreciation And Amortization | 226.2K | 52.8K | 50.1K |
Trugolf fundamental ratios Correlations
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Trugolf Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Trugolf is a strong investment it is important to analyze Trugolf's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trugolf's future performance. For an informed investment choice regarding Trugolf Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trugolf. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Trugolf Stock please use our How to Invest in Trugolf guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trugolf. If investors know Trugolf will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trugolf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Trugolf is measured differently than its book value, which is the value of Trugolf that is recorded on the company's balance sheet. Investors also form their own opinion of Trugolf's value that differs from its market value or its book value, called intrinsic value, which is Trugolf's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trugolf's market value can be influenced by many factors that don't directly affect Trugolf's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trugolf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trugolf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trugolf's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.