Vicinity Price To Sales Ratio vs Pb Ratio Analysis

VMC Stock

CAD 0.07 0.00 0.00%

Vicinity financial indicator trend analysis is much more than just breaking down Vicinity Motor Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vicinity Motor Corp is a good investment. Please check the relationship between Vicinity 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 Vicinity Motor 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 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 Vicinity Motor Corp Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Vicinity's Price To Sales Ratio and Pb Ratio is 0.13. 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 Vicinity Motor Corp, assuming nothing else is changed. The correlation between historical values of Vicinity'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 Vicinity Motor Corp 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., Vicinity's Price To Sales Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

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

Pb Ratio

Most indicators from Vicinity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vicinity Motor 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 Vicinity Motor 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.

Sales General And Administrative To Revenue is likely to climb to 0.62 in 2024, whereas Selling General Administrative is likely to drop slightly above 9.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	4.2M	440K	2.1M	3.7M
Total Revenue	41.7M	18.5M	19.1M	29.1M

Gross Profit Total Revenue

Vicinity fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Intangible Assets	Common Stock	Property Plant Equipment	Capital Stock
Total Assets		-0.24	0.64	0.41	-0.58	-0.82	0.7	-0.83	-0.63	-0.13	0.76	0.62	-0.58	0.82	0.67	-0.04	-0.34	0.69	0.89	0.73	-0.15	-0.79	0.57	0.82	0.74	0.82
Other Current Liab	-0.24		-0.09	-0.05	0.32	0.09	-0.53	0.53	0.27	0.72	-0.14	-0.44	0.24	-0.41	-0.49	-0.24	0.33	-0.21	-0.23	-0.43	0.12	0.23	0.23	-0.16	-0.26	-0.33
Total Current Liabilities	0.64	-0.09		-0.42	0.16	-0.37	0.59	-0.31	0.09	0.28	0.04	0.08	0.17	0.14	0.65	0.49	0.34	0.98	0.23	0.66	0.63	-0.2	-0.14	0.18	0.08	0.13
Total Stockholder Equity	0.41	-0.05	-0.42		-0.79	-0.57	0.07	-0.56	-0.82	-0.34	0.86	0.53	-0.82	0.77	-0.01	-0.76	-0.69	-0.38	0.77	0.04	-0.91	-0.71	0.9	0.75	0.77	0.8
Other Liab	-0.58	0.32	0.16	-0.79		0.64	-0.48	0.77	0.9	0.69	-0.81	-0.86	0.98	-0.85	-0.3	0.29	0.89	0.04	-0.82	-0.4	0.8	0.79	-0.73	-0.8	-0.84	-0.85
Net Tangible Assets	-0.82	0.09	-0.37	-0.57	0.64		-0.57	0.79	0.71	0.18	-0.82	-0.5	0.68	-0.8	-0.47	0.32	0.34	-0.37	-0.86	-0.59	0.42	0.88	-0.74	-0.81	-0.79	-0.84
Net Debt	0.7	-0.53	0.59	0.07	-0.48	-0.57		-0.84	-0.52	-0.39	0.38	0.61	-0.37	0.55	0.96	0.16	-0.3	0.66	0.55	0.99	-0.06	-0.68	0.15	0.45	0.64	0.53
Retained Earnings	-0.83	0.53	-0.31	-0.56	0.77	0.79	-0.84		0.86	0.53	-0.8	-0.8	0.71	-0.9	-0.78	0.25	0.61	-0.39	-0.88	-0.8	0.49	0.93	-0.58	-0.81	-0.93	-0.89
Accounts Payable	-0.63	0.27	0.09	-0.82	0.9	0.71	-0.52	0.86		0.59	-0.91	-0.87	0.86	-0.9	-0.44	0.53	0.85	0.01	-0.87	-0.47	0.81	0.93	-0.82	-0.89	-0.97	-0.91
Cash	-0.13	0.72	0.28	-0.34	0.69	0.18	-0.39	0.53	0.59		-0.35	-0.74	0.63	-0.52	-0.23	-0.06	0.8	0.14	-0.34	-0.24	0.56	0.38	-0.13	-0.38	-0.45	-0.47
Non Current Assets Total	0.76	-0.14	0.04	0.86	-0.81	-0.82	0.38	-0.8	-0.91	-0.35		0.73	-0.83	0.95	0.32	-0.57	-0.68	0.08	0.96	0.36	-0.71	-0.91	0.91	0.97	0.92	0.97
Long Term Debt	0.62	-0.44	0.08	0.53	-0.86	-0.5	0.61	-0.8	-0.87	-0.74	0.73		-0.79	0.82	0.51	-0.1	-0.91	0.21	0.75	0.53	-0.56	-0.75	0.54	0.81	0.81	0.79
Net Receivables	-0.58	0.24	0.17	-0.82	0.98	0.68	-0.37	0.71	0.86	0.63	-0.83	-0.79		-0.86	-0.18	0.29	0.84	0.06	-0.83	-0.3	0.79	0.75	-0.77	-0.82	-0.79	-0.86
Common Stock Shares Outstanding	0.82	-0.41	0.14	0.77	-0.85	-0.8	0.55	-0.9	-0.9	-0.52	0.95	0.82	-0.86		0.46	-0.36	-0.72	0.22	0.97	0.5	-0.64	-0.9	0.76	0.95	0.91	1.0
Non Current Liabilities Total	0.67	-0.49	0.65	-0.01	-0.3	-0.47	0.96	-0.78	-0.44	-0.23	0.32	0.51	-0.18	0.46		0.1	-0.16	0.69	0.47	0.97	0.05	-0.62	0.08	0.38	0.59	0.44
Inventory	-0.04	-0.24	0.49	-0.76	0.29	0.32	0.16	0.25	0.53	-0.06	-0.57	-0.1	0.29	-0.36	0.1		0.29	0.56	-0.38	0.14	0.72	0.49	-0.72	-0.39	-0.53	-0.41
Other Current Assets	-0.34	0.33	0.34	-0.69	0.89	0.34	-0.3	0.61	0.85	0.8	-0.68	-0.91	0.84	-0.72	-0.16	0.29		0.21	-0.63	-0.19	0.79	0.61	-0.6	-0.7	-0.72	-0.7
Total Liab	0.69	-0.21	0.98	-0.38	0.04	-0.37	0.66	-0.39	0.01	0.14	0.08	0.21	0.06	0.22	0.69	0.56	0.21		0.29	0.71	0.57	-0.24	-0.14	0.24	0.14	0.2
Net Invested Capital	0.89	-0.23	0.23	0.77	-0.82	-0.86	0.55	-0.88	-0.87	-0.34	0.96	0.75	-0.83	0.97	0.47	-0.38	-0.63	0.29		0.53	-0.57	-0.92	0.83	0.97	0.91	0.98
Short Long Term Debt	0.73	-0.43	0.66	0.04	-0.4	-0.59	0.99	-0.8	-0.47	-0.24	0.36	0.53	-0.3	0.5	0.97	0.14	-0.19	0.71	0.53		0.01	-0.67	0.16	0.42	0.61	0.49
Total Current Assets	-0.15	0.12	0.63	-0.91	0.8	0.42	-0.06	0.49	0.81	0.56	-0.71	-0.56	0.79	-0.64	0.05	0.72	0.79	0.57	-0.57	0.01		0.63	-0.76	-0.59	-0.71	-0.66
Net Working Capital	-0.79	0.23	-0.2	-0.71	0.79	0.88	-0.68	0.93	0.93	0.38	-0.91	-0.75	0.75	-0.9	-0.62	0.49	0.61	-0.24	-0.92	-0.67	0.63		-0.8	-0.89	-0.98	-0.92
Intangible Assets	0.57	0.23	-0.14	0.9	-0.73	-0.74	0.15	-0.58	-0.82	-0.13	0.91	0.54	-0.77	0.76	0.08	-0.72	-0.6	-0.14	0.83	0.16	-0.76	-0.8		0.85	0.81	0.81
Common Stock	0.82	-0.16	0.18	0.75	-0.8	-0.81	0.45	-0.81	-0.89	-0.38	0.97	0.81	-0.82	0.95	0.38	-0.39	-0.7	0.24	0.97	0.42	-0.59	-0.89	0.85		0.89	0.96
Property Plant Equipment	0.74	-0.26	0.08	0.77	-0.84	-0.79	0.64	-0.93	-0.97	-0.45	0.92	0.81	-0.79	0.91	0.59	-0.53	-0.72	0.14	0.91	0.61	-0.71	-0.98	0.81	0.89		0.93
Capital Stock	0.82	-0.33	0.13	0.8	-0.85	-0.84	0.53	-0.89	-0.91	-0.47	0.97	0.79	-0.86	1.0	0.44	-0.41	-0.7	0.2	0.98	0.49	-0.66	-0.92	0.81	0.96	0.93

Click cells to compare fundamentals

Vicinity Account Relationship Matchups

Vicinity fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	36.9M	47.0M	54.0M	55.0M	74.2M	55.7M
Other Current Liab	2.7M	2.1M	9.2M	449K	1.2M	1.2M
Total Current Liabilities	18.6M	19.0M	19.4M	16.6M	43.5M	25.4M
Total Stockholder Equity	16.7M	22.4M	34.2M	36.8M	21.2M	26.6M
Other Liab	1.8M	1.2M	201K	255K	229.5K	218.0K
Net Tangible Assets	19.2M	15.1M	15.9M	11.9M	10.7M	12.3M
Net Debt	7.3M	7.3M	2.7M	5.6M	25.1M	26.3M
Retained Earnings	(22.8M)	(22.2M)	(29.7M)	(47.6M)	(64.3M)	(61.1M)
Accounts Payable	9.2M	7.8M	10.1M	2.7M	2.4M	2.3M
Cash	757.3K	1.3M	4.4M	1.6M	2.0M	1.9M
Non Current Assets Total	6.1M	6.2M	33.2M	36.9M	33.5M	19.9M
Net Receivables	9.2M	1.6M	1.3M	1.1M	2.6M	4.9M
Common Stock Shares Outstanding	24.8M	28.7M	34.9M	44.7M	45.7M	35.7M
Non Current Liabilities Total	1.6M	534K	347K	1.6M	9.5M	10.0M
Inventory	19.3M	25.6M	9.4M	10.1M	23.3M	14.1M
Total Liab	20.2M	24.7M	19.7M	18.2M	53.0M	29.2M
Net Invested Capital	24.7M	30.9M	41.4M	44.0M	48.3M	38.3M
Short Long Term Debt	8.0M	8.6M	7.1M	7.2M	27.1M	28.4M
Total Current Assets	30.8M	32.1M	20.8M	18.1M	40.6M	25.0M
Net Working Capital	12.2M	16.7M	1.4M	1.6M	(2.9M)	(2.7M)
Intangible Assets	1.6M	2.2M	22.4M	14.3M	9.8M	8.4M
Common Stock	36.0M	37.1M	37.2M	58.1M	66.8M	44.5M
Property Plant Equipment	4.7M	4.5M	3.2M	10.8M	12.5M	13.1M
Capital Stock	28.4M	36.4M	58.1M	76.0M	76.8M	55.4M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Vicinity Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC