Societe Price To Sales Ratio vs Capex To Depreciation Analysis
VIO Stock | CAD 0.18 0.01 5.26% |
Societe D financial indicator trend analysis is much more than just breaking down Societe d Exploration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Societe d Exploration is a good investment. Please check the relationship between Societe D Price To Sales Ratio and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Societe d Exploration. 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 Capex To Depreciation
Price To Sales Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Societe d Exploration Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Societe D's Price To Sales Ratio and Capex To Depreciation is 0.35. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Societe d Exploration, assuming nothing else is changed. The correlation between historical values of Societe D's Price To Sales Ratio and Capex To Depreciation 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 Societe d Exploration are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., Societe D's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Societe d Exploration stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Societe D sales, a figure that is much harder to manipulate than other Societe d Exploration 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.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Societe D's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Societe d Exploration 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 Societe d Exploration. 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, Societe D's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 21.88 in 2024, whereas Selling General Administrative is likely to drop slightly above 625 K in 2024.
Societe D fundamental ratios Correlations
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Societe D Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Societe D fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9M | 9.0M | 9.1M | 11.0M | 31.7M | 33.2M | |
Total Current Liabilities | 118.2K | 478.1K | 841.9K | 1.3M | 5.6M | 5.9M | |
Total Stockholder Equity | 3.7M | 8.5M | 8.0M | 9.6M | 26.0M | 27.3M | |
Net Debt | (917.3K) | (1.7M) | (1.1M) | (2.0M) | (1.8M) | (1.9M) | |
Retained Earnings | (30.3M) | (29.8M) | (32.2M) | (33.3M) | (33.9M) | (35.6M) | |
Cash | 938K | 1.7M | 1.3M | 2.2M | 16.4M | 17.2M | |
Non Current Assets Total | 2.8M | 6.0M | 5.8M | 6.3M | 9.2M | 9.6M | |
Cash And Short Term Investments | 938K | 2.4M | 2.2M | 4.4M | 5.1M | 5.3M | |
Net Receivables | 57.3K | 593.4K | 575.7K | 218.0K | 186.0K | 237.3K | |
Common Stock Shares Outstanding | 47.4M | 73.4M | 78.7M | 93.9M | 233.3M | 244.9M | |
Liabilities And Stockholders Equity | 3.9M | 9.0M | 9.1M | 11.0M | 12.6M | 13.3M | |
Non Current Liabilities Total | 20.7K | 32.0K | 185.9K | 106.1K | 54.9K | 52.2K | |
Total Liab | 138.8K | 510.1K | 1.0M | 1.4M | 5.7M | 5.9M | |
Total Current Assets | 1.0M | 3.1M | 3.3M | 4.6M | 22.5M | 23.6M | |
Other Current Liab | 51.3K | 478.1K | 797.4K | 1.2M | 4.3M | 4.5M | |
Property Plant And Equipment Net | 1.5M | 3.3M | 5.8M | 6.3M | 8.2M | 8.6M | |
Accounts Payable | 155.5K | 58.1K | 478.1K | 414.3K | 476.4K | 500.2K | |
Accumulated Other Comprehensive Income | 501.7K | 633.7K | 693.2K | 650.4K | 747.9K | 446.8K | |
Net Tangible Assets | 3.4M | 3.7M | 8.5M | 8.0M | 9.2M | 5.2M | |
Property Plant Equipment | 1.5M | 1.5M | 3.3M | 5.8M | 6.7M | 7.0M | |
Other Current Assets | 19.9K | 22.9K | 861.3K | 849.4K | 764.4K | 595.6K | |
Net Invested Capital | 3.7M | 8.6M | 8.1M | 9.7M | 26.0M | 27.3M | |
Net Working Capital | 897.1K | 2.6M | 2.4M | 3.4M | 16.9M | 17.7M |
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When running Societe D's price analysis, check to measure Societe D's 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 Societe D is operating at the current time. Most of Societe D's value examination focuses on studying past and present price action to predict the probability of Societe D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Societe D's price. Additionally, you may evaluate how the addition of Societe D to your portfolios can decrease your overall portfolio volatility.