Vision Price To Sales Ratio vs Pb Ratio Analysis

VLI Stock  CAD 0.02  0.01  33.33%   
Vision Lithium financial indicator trend analysis is much more than just breaking down Vision Lithium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vision Lithium is a good investment. Please check the relationship between Vision Lithium Price To Sales Ratio and its Pb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vision Lithium. 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 Pb Ratio

Price To Sales Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vision Lithium Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Vision Lithium's Price To Sales Ratio and Pb Ratio is 0.0. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Vision Lithium, assuming nothing else is changed. The correlation between historical values of Vision Lithium's Price To Sales Ratio 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 Price To Sales Ratio of Vision Lithium 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 Price To Sales Ratio i.e., Vision Lithium's Price To Sales Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Vision Lithium stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Vision Lithium sales, a figure that is much harder to manipulate than other Vision Lithium 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.

Pb Ratio

Most indicators from Vision Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vision Lithium 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 Vision Lithium. 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, Vision Lithium's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 18.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.9M2.1M2.4M2.5M
Depreciation And Amortization9.0K12.1K13.9K13.2K

Vision Lithium fundamental ratios Correlations

0.021.00.990.05-0.470.860.020.990.080.11-0.040.95-0.140.080.110.140.660.070.230.78-0.48-0.40.930.990.93
0.02-0.010.05-0.29-0.70.130.270.010.25-0.060.320.04-0.440.990.02-0.340.19-0.780.590.3-0.610.620.090.080.09
1.0-0.010.990.05-0.450.860.020.990.080.11-0.050.95-0.130.060.110.140.660.090.220.77-0.47-0.410.930.990.93
0.990.050.990.13-0.480.87-0.071.00.080.0-0.070.96-0.170.1-0.010.040.70.020.240.82-0.5-0.360.930.990.94
0.05-0.290.050.130.250.23-1.00.13-0.22-0.740.10.180.07-0.32-0.7-0.290.320.05-0.410.220.05-0.110.010.030.03
-0.47-0.7-0.45-0.480.25-0.47-0.29-0.44-0.1-0.23-0.14-0.440.15-0.75-0.26-0.07-0.360.61-0.72-0.520.89-0.24-0.47-0.49-0.49
0.860.130.860.870.23-0.47-0.170.87-0.24-0.140.080.94-0.030.18-0.1-0.080.87-0.110.040.88-0.59-0.140.770.840.74
0.020.270.02-0.07-1.0-0.29-0.17-0.060.190.77-0.1-0.11-0.070.310.730.33-0.28-0.020.42-0.18-0.090.060.050.040.03
0.990.010.991.00.13-0.440.87-0.060.090.0-0.060.96-0.160.070.00.040.690.050.210.8-0.47-0.380.930.990.93
0.080.250.080.08-0.22-0.1-0.240.190.09-0.070.17-0.13-0.130.21-0.03-0.25-0.18-0.30.24-0.150.030.20.10.10.16
0.11-0.060.110.0-0.74-0.23-0.140.770.0-0.07-0.05-0.020.120.010.970.86-0.280.250.32-0.19-0.09-0.280.10.10.08
-0.040.32-0.05-0.070.1-0.140.08-0.1-0.060.17-0.05-0.070.020.330.210.00.06-0.17-0.33-0.12-0.160.23-0.08-0.06-0.08
0.950.040.950.960.18-0.440.94-0.110.96-0.13-0.02-0.07-0.180.09-0.020.060.820.00.160.89-0.5-0.310.890.950.87
-0.14-0.44-0.13-0.170.070.15-0.03-0.07-0.16-0.130.120.02-0.18-0.440.130.230.00.02-0.42-0.21-0.020.14-0.28-0.25-0.3
0.080.990.060.1-0.32-0.750.180.310.070.210.010.330.09-0.440.1-0.260.17-0.710.630.31-0.660.530.150.140.15
0.110.020.11-0.01-0.7-0.26-0.10.730.0-0.030.970.21-0.020.130.10.84-0.240.20.22-0.2-0.15-0.210.090.090.06
0.14-0.340.140.04-0.29-0.07-0.080.330.04-0.250.860.00.060.23-0.260.84-0.20.420.1-0.15-0.03-0.480.10.10.08
0.660.190.660.70.32-0.360.87-0.280.69-0.18-0.280.060.820.00.17-0.24-0.2-0.36-0.050.88-0.520.150.580.650.53
0.07-0.780.090.020.050.61-0.11-0.020.05-0.30.25-0.170.00.02-0.710.20.42-0.36-0.42-0.320.63-0.790.060.050.07
0.230.590.220.24-0.41-0.720.040.420.210.240.32-0.330.16-0.420.630.220.1-0.05-0.420.28-0.550.110.370.290.39
0.780.30.770.820.22-0.520.88-0.180.8-0.15-0.19-0.120.89-0.210.31-0.2-0.150.88-0.320.28-0.64-0.040.720.790.68
-0.48-0.61-0.47-0.50.050.89-0.59-0.09-0.470.03-0.09-0.16-0.5-0.02-0.66-0.15-0.03-0.520.63-0.55-0.64-0.2-0.44-0.48-0.43
-0.40.62-0.41-0.36-0.11-0.24-0.140.06-0.380.2-0.280.23-0.310.140.53-0.21-0.480.15-0.790.11-0.04-0.2-0.33-0.39-0.35
0.930.090.930.930.01-0.470.770.050.930.10.1-0.080.89-0.280.150.090.10.580.060.370.72-0.44-0.330.940.99
0.990.080.990.990.03-0.490.840.040.990.10.1-0.060.95-0.250.140.090.10.650.050.290.79-0.48-0.390.940.95
0.930.090.930.940.03-0.490.740.030.930.160.08-0.080.87-0.30.150.060.080.530.070.390.68-0.43-0.350.990.95
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Vision Lithium Account Relationship Matchups

Vision Lithium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.8M19.2M20.2M20.2M23.3M24.4M
Total Current Liabilities436.6K336.9K389.7K510.1K586.6K501.0K
Total Stockholder Equity13.3M18.8M19.8M19.7M22.7M23.8M
Property Plant And Equipment Net13.3M15.3M18.6M19.8M22.8M24.0M
Net Debt(350.1K)(1.1M)(659.1K)(7.0K)(8.1K)(8.5K)
Retained Earnings(38.1M)(39.5M)(41.3M)(43.3M)(39.0M)(40.9M)
Accounts Payable230.1K178.3K358.4K438.4K504.2K529.4K
Cash453.5K1.2M744.6K90.7K104.3K99.1K
Non Current Assets Total13.3M15.3M18.6M19.8M22.8M24.0M
Cash And Short Term Investments506.0K3.8M1.5M169.0K194.4K184.7K
Net Receivables22.6K101.8K94.9K187.3K168.6K195.3K
Common Stock Shares Outstanding90.1M165.1M227.9M248.6M285.9M300.2M
Liabilities And Stockholders Equity13.8M19.2M20.2M20.2M23.3M24.4M
Other Stockholder Equity3.4M4.8M5.4M6.1M5.5M9.8M
Total Liab513.7K417.5K443.9K522.1K600.4K523.8K
Total Current Assets535.7K3.9M1.7M402.8K463.2K440.1K
Short Term Investments52.6K2.6M780.7K78.3K90.1K85.6K
Other Current Assets7.1K18.0K35.4K46.4K53.4K56.1K
Non Current Liabilities Total77.0K80.6K54.3K12.0K10.8K10.3K
Other Current Liab180.2K122.6K358.4K478.4K430.6K330.4K
Common Stock48.0M53.5M55.6M57.0M65.5M47.4M
Net Tangible Assets12.8M13.3M18.8M19.8M22.8M23.9M
Property Plant Equipment12.7M13.3M15.3M18.6M21.4M11.7M
Net Invested Capital13.3M18.9M19.8M19.8M22.7M16.0M
Net Working Capital99.0K3.6M1.3M(107.3K)(123.4K)(117.2K)
Capital Stock48.0M53.5M55.6M57.0M65.5M56.6M

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Additional Tools for Vision Stock Analysis

When running Vision Lithium's price analysis, check to measure Vision Lithium'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 Vision Lithium is operating at the current time. Most of Vision Lithium's value examination focuses on studying past and present price action to predict the probability of Vision Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vision Lithium's price. Additionally, you may evaluate how the addition of Vision Lithium to your portfolios can decrease your overall portfolio volatility.