Wellstar Ev To Sales vs Income Quality Analysis

Wellstar International financial indicator trend analysis is more than just analyzing Wellstar International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wellstar International is a good investment. Please check the relationship between Wellstar International Ev To Sales and its Income Quality accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wellstar International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Wellstar Stock please use our How to Invest in Wellstar International guide.

Ev To Sales vs Income Quality

Ev To Sales vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wellstar International Ev To Sales account and Income Quality. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wellstar International's Ev To Sales and Income Quality is 0.87. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Income Quality in the same time period over historical financial statements of Wellstar International, assuming nothing else is changed. The correlation between historical values of Wellstar International's Ev To Sales 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 Ev To Sales of Wellstar International 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 Ev To Sales i.e., Wellstar International's Ev To Sales and Income Quality go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

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 Wellstar International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wellstar International 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wellstar International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Wellstar Stock please use our How to Invest in Wellstar International guide.As of now, Wellstar International's Selling General Administrative is decreasing as compared to previous years. The Wellstar International's current Enterprise Value is estimated to increase to about 48.7 M, while Enterprise Value Over EBITDA is forecasted to increase to (41.48).

Wellstar International fundamental ratios Correlations

-0.960.8-0.770.80.8-0.740.86-0.590.930.87-0.68-0.580.960.880.960.89-0.96-0.77-0.73-0.96
-0.96-0.930.9-0.93-0.930.87-0.960.75-1.0-0.970.830.75-1.0-0.98-1.0-0.981.00.840.871.0
0.8-0.93-0.951.01.0-0.930.98-0.840.960.99-0.9-0.840.930.990.930.99-0.94-0.8-0.92-0.94
-0.770.9-0.95-0.95-0.951.0-0.980.96-0.92-0.960.990.96-0.88-0.95-0.88-0.950.90.941.00.91
0.8-0.931.0-0.951.0-0.930.98-0.840.960.99-0.9-0.840.930.990.930.99-0.93-0.8-0.92-0.94
0.8-0.931.0-0.951.0-0.930.98-0.840.960.99-0.9-0.840.930.990.930.99-0.93-0.8-0.92-0.94
-0.740.87-0.931.0-0.93-0.93-0.970.98-0.89-0.941.00.98-0.85-0.93-0.85-0.930.870.951.00.88
0.86-0.960.98-0.980.980.98-0.97-0.890.980.99-0.94-0.890.950.990.950.99-0.96-0.9-0.96-0.96
-0.590.75-0.840.96-0.84-0.840.98-0.89-0.78-0.840.991.0-0.72-0.83-0.72-0.830.750.930.980.76
0.93-1.00.96-0.920.960.96-0.890.98-0.780.99-0.85-0.780.990.990.990.99-1.0-0.84-0.89-1.0
0.87-0.970.99-0.960.990.99-0.940.99-0.840.99-0.9-0.840.971.00.971.0-0.97-0.84-0.93-0.97
-0.680.83-0.90.99-0.9-0.91.0-0.940.99-0.85-0.90.99-0.8-0.9-0.8-0.90.830.941.00.83
-0.580.75-0.840.96-0.84-0.840.98-0.891.0-0.78-0.840.99-0.71-0.83-0.71-0.830.750.930.980.75
0.96-1.00.93-0.880.930.93-0.850.95-0.720.990.97-0.8-0.710.971.00.98-1.0-0.81-0.84-1.0
0.88-0.980.99-0.950.990.99-0.930.99-0.830.991.0-0.9-0.830.970.971.0-0.98-0.85-0.93-0.98
0.96-1.00.93-0.880.930.93-0.850.95-0.720.990.97-0.8-0.711.00.970.98-1.0-0.81-0.84-1.0
0.89-0.980.99-0.950.990.99-0.930.99-0.830.991.0-0.9-0.830.981.00.98-0.98-0.85-0.92-0.98
-0.961.0-0.940.9-0.93-0.930.87-0.960.75-1.0-0.970.830.75-1.0-0.98-1.0-0.980.840.871.0
-0.770.84-0.80.94-0.8-0.80.95-0.90.93-0.84-0.840.940.93-0.81-0.85-0.81-0.850.840.940.84
-0.730.87-0.921.0-0.92-0.921.0-0.960.98-0.89-0.931.00.98-0.84-0.93-0.84-0.920.870.940.87
-0.961.0-0.940.91-0.94-0.940.88-0.960.76-1.0-0.970.830.75-1.0-0.98-1.0-0.981.00.840.87
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Wellstar International Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether Wellstar International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wellstar International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wellstar International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wellstar International Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wellstar International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Wellstar Stock please use our How to Invest in Wellstar International guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Health Care Equipment & Supplies 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 Wellstar International. If investors know Wellstar 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 Wellstar International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(1.06)
The market value of Wellstar International is measured differently than its book value, which is the value of Wellstar that is recorded on the company's balance sheet. Investors also form their own opinion of Wellstar International's value that differs from its market value or its book value, called intrinsic value, which is Wellstar International'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 Wellstar International's market value can be influenced by many factors that don't directly affect Wellstar International'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 Wellstar International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wellstar International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wellstar International'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.