Vitalhub Price To Sales Ratio vs Income Quality Analysis
| VHI Stock | 11.72 0.50 4.46% |
Vitalhub Corp financial indicator trend analysis is much more than just breaking down Vitalhub Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vitalhub Corp is a good investment. Please check the relationship between Vitalhub Corp Price To Sales Ratio and its Income Quality accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vitalhub 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.
Price To Sales Ratio vs Income Quality
Price To Sales Ratio vs Income Quality Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vitalhub Corp Price To Sales Ratio account and Income Quality. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vitalhub Corp's Price To Sales Ratio and Income Quality is -0.34. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Income Quality in the same time period over historical financial statements of Vitalhub Corp, assuming nothing else is changed. The correlation between historical values of Vitalhub Corp's Price To Sales Ratio and Income Quality 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 Vitalhub Corp are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Price To Sales Ratio i.e., Vitalhub Corp's Price To Sales Ratio and Income Quality go up and down completely randomly.
Correlation Coefficient | -0.34 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Vitalhub Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Vitalhub Corp sales, a figure that is much harder to manipulate than other Vitalhub Corp 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.Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Most indicators from Vitalhub Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vitalhub 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 Vitalhub 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, Vitalhub Corp's Selling General Administrative is very stable compared to the past year. As of the 5th of February 2025, Tax Provision is likely to grow to about 939.7 K, while Issuance Of Capital Stock is likely to drop 0.00.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 32.9M | 37.8M | 43.5M | 45.7M | Total Revenue | 40.0M | 52.5M | 60.4M | 63.4M |
Vitalhub Corp fundamental ratios Correlations
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Vitalhub Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vitalhub Corp fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 64.1M | 72.8M | 106.2M | 118.8M | 136.6M | 143.4M | |
| Short Long Term Debt Total | 987.9K | 792.5K | 882.2K | 541.1K | 487.0K | 462.6K | |
| Other Current Liab | 4.3M | 4.3M | 6.7M | 7.3M | 8.4M | 8.9M | |
| Total Current Liabilities | 12.1M | 14.7M | 23.8M | 29.1M | 33.4M | 35.1M | |
| Total Stockholder Equity | 50.3M | 54.8M | 75.4M | 81.9M | 94.2M | 98.9M | |
| Property Plant And Equipment Net | 1.3M | 1.2M | 1.4M | 1.1M | 1.2M | 723.6K | |
| Net Debt | (22.4M) | (15.6M) | (16.6M) | (32.9M) | (29.6M) | (28.2M) | |
| Retained Earnings | (7.7M) | (9.7M) | (8.4M) | (3.4M) | (3.1M) | (3.3M) | |
| Accounts Payable | 1.5M | 1.8M | 2.1M | 2.0M | 2.3M | 2.4M | |
| Cash | 23.4M | 16.4M | 17.5M | 33.5M | 38.5M | 40.4M | |
| Non Current Assets Total | 36.7M | 50.1M | 75.6M | 74.9M | 86.1M | 90.4M | |
| Cash And Short Term Investments | 23.4M | 16.4M | 17.5M | 33.5M | 38.5M | 40.4M | |
| Net Receivables | 3.2M | 5.6M | 11.4M | 9.3M | 10.7M | 11.2M | |
| Common Stock Shares Outstanding | 26.2M | 36.4M | 42.6M | 46.6M | 53.6M | 56.3M | |
| Liabilities And Stockholders Equity | 64.1M | 72.8M | 106.2M | 118.8M | 136.6M | 143.4M | |
| Inventory | 312.2K | 199.7K | 704.4K | 169.6K | 195.1K | 190.6K | |
| Other Current Assets | 434.7K | 472.7K | 998.5K | 964.6K | 1.1M | 1.2M | |
| Other Stockholder Equity | 1.9M | 2.3M | 3.5M | 4.6M | 5.2M | 5.5M | |
| Total Liab | 13.8M | 17.9M | 30.8M | 36.9M | 42.4M | 44.5M | |
| Total Current Assets | 27.4M | 22.6M | 30.6M | 43.9M | 50.5M | 53.0M | |
| Accumulated Other Comprehensive Income | 29.8K | (138.3K) | (444.6K) | 5.4M | 6.2M | 6.5M | |
| Short Term Debt | 247.1K | 270.9K | 372.5K | 410.2K | 369.2K | 350.7K | |
| Common Stock | 55.7M | 61.1M | 79.7M | 80.0M | 92.0M | 96.6M | |
| Current Deferred Revenue | 6.1M | 8.3M | 14.6M | 19.3M | 22.2M | 23.3M | |
| Non Current Liabilities Total | 1.7M | 3.2M | 7.0M | 7.8M | 9.0M | 9.4M | |
| Long Term Debt Total | 1.9M | 740.8K | 521.7K | 509.7K | 458.8K | 853.4K | |
| Property Plant Equipment | 1.1M | 1.3M | 1.2M | 1.4M | 1.6M | 856.7K | |
| Net Tangible Assets | (2.2M) | 14.9M | 5.9M | 1.2M | 1.4M | 1.3M | |
| Good Will | 20.9M | 29.3M | 43.3M | 44.9M | 51.6M | 54.2M | |
| Net Invested Capital | 50.4M | 54.9M | 75.4M | 81.9M | 94.2M | 47.1M | |
| Short Long Term Debt | 370.5K | 418.2K | 42.4K | 29.2K | 26.2K | 24.9K | |
| Net Working Capital | 15.3M | 7.9M | 6.7M | 14.8M | 17.1M | 17.9M | |
| Intangible Assets | 14.5M | 19.6M | 30.8M | 28.9M | 33.2M | 17.2M | |
| Non Currrent Assets Other | (2.6M) | (2.5M) | (1.9M) | 28.9M | 33.3M | 34.9M | |
| Capital Stock | 55.7M | 61.1M | 79.7M | 80.0M | 92.0M | 56.9M | |
| Capital Lease Obligations | 916.3K | 763.4K | 882.2K | 541.1K | 487.0K | 634.5K | |
| Property Plant And Equipment Gross | 1.8M | 2.2M | 2.8M | 3.2M | 3.7M | 2.5M |
Pair Trading with Vitalhub Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vitalhub Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vitalhub Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Vitalhub Stock
The ability to find closely correlated positions to Vitalhub Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vitalhub Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vitalhub Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vitalhub Corp to buy it.
The correlation of Vitalhub Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vitalhub Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vitalhub Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vitalhub Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Vitalhub Stock
Balance Sheet is a snapshot of the financial position of Vitalhub Corp at a specified time, usually calculated after every quarter, six months, or one year. Vitalhub Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vitalhub Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vitalhub currently owns. An asset can also be divided into two categories, current and non-current.