Zoomd Pb Ratio vs Price To Sales Ratio Analysis

ZOMD Stock  CAD 0.62  0.05  8.77%   
Zoomd Technologies financial indicator trend analysis is more than just analyzing Zoomd Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoomd Technologies is a good investment. Please check the relationship between Zoomd Technologies Pb Ratio and its Price To Sales Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoomd Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Pb Ratio vs Price To Sales Ratio

Pb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoomd Technologies Pb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Zoomd Technologies' Pb Ratio and Price To Sales Ratio is 0.28. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Zoomd Technologies, assuming nothing else is changed. The correlation between historical values of Zoomd Technologies' Pb Ratio and Price To Sales 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 Pb Ratio of Zoomd Technologies are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Pb Ratio i.e., Zoomd Technologies' Pb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Pb Ratio

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Zoomd Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Zoomd Technologies sales, a figure that is much harder to manipulate than other Zoomd Technologies 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.
Most indicators from Zoomd Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoomd Technologies 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 Zoomd Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Enterprise Value is likely to climb to about 13.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit16.3M16.6M12.0M12.9M
Interest Income1K13K19K28K

Zoomd Technologies fundamental ratios Correlations

0.530.570.99-0.710.97-0.850.690.970.860.850.980.890.981.00.910.720.910.760.53-0.970.97-0.86-0.760.130.32
0.53-0.230.53-0.420.49-0.610.10.410.240.020.620.560.50.510.190.190.530.690.42-0.610.64-0.54-0.550.540.44
0.57-0.230.5-0.490.55-0.560.780.560.810.850.520.640.650.550.80.290.640.430.49-0.530.52-0.59-0.530.020.23
0.990.530.5-0.640.98-0.80.650.980.80.820.960.830.931.00.90.790.880.70.42-0.950.94-0.79-0.70.050.24
-0.71-0.42-0.49-0.64-0.60.89-0.35-0.58-0.66-0.64-0.78-0.72-0.77-0.68-0.56-0.1-0.67-0.76-0.730.82-0.80.920.9-0.1-0.6
0.970.490.550.98-0.6-0.80.720.980.860.820.950.880.930.980.930.80.920.720.5-0.930.94-0.77-0.720.080.34
-0.85-0.61-0.56-0.80.89-0.8-0.6-0.75-0.79-0.68-0.91-0.93-0.89-0.83-0.74-0.29-0.89-0.94-0.80.95-0.930.940.98-0.33-0.67
0.690.10.780.65-0.350.72-0.60.730.850.790.620.690.730.690.830.530.670.670.56-0.640.63-0.52-0.580.390.33
0.970.410.560.98-0.580.98-0.750.730.840.870.920.80.910.980.930.840.840.660.42-0.910.9-0.73-0.660.020.22
0.860.240.810.8-0.660.86-0.790.850.840.910.850.870.920.840.90.550.840.720.73-0.820.85-0.82-0.770.210.5
0.850.020.850.82-0.640.82-0.680.790.870.910.780.720.870.850.940.650.740.540.48-0.780.77-0.74-0.63-0.090.21
0.980.620.520.96-0.780.95-0.910.620.920.850.780.930.980.970.850.610.930.820.62-0.991.0-0.92-0.830.190.44
0.890.560.640.83-0.720.88-0.930.690.80.870.720.930.920.860.830.440.980.850.74-0.920.94-0.91-0.870.320.58
0.980.50.650.93-0.770.93-0.890.730.910.920.870.980.920.960.890.590.910.810.66-0.960.97-0.93-0.830.230.42
1.00.510.551.0-0.680.98-0.830.690.980.840.850.970.860.960.920.760.90.730.48-0.960.96-0.83-0.730.090.28
0.910.190.80.9-0.560.93-0.740.830.930.90.940.850.830.890.920.740.880.620.45-0.850.84-0.73-0.65-0.010.23
0.720.190.290.79-0.10.8-0.290.530.840.550.650.610.440.590.760.740.540.22-0.04-0.570.57-0.29-0.17-0.24-0.18
0.910.530.640.88-0.670.92-0.890.670.840.840.740.930.980.910.90.880.540.780.62-0.920.93-0.87-0.80.20.46
0.760.690.430.7-0.760.72-0.940.670.660.720.540.820.850.810.730.620.220.780.84-0.860.85-0.82-0.940.610.73
0.530.420.490.42-0.730.5-0.80.560.420.730.480.620.740.660.480.45-0.040.620.84-0.640.67-0.75-0.890.520.93
-0.97-0.61-0.53-0.950.82-0.930.95-0.64-0.91-0.82-0.78-0.99-0.92-0.96-0.96-0.85-0.57-0.92-0.86-0.64-0.990.910.88-0.19-0.47
0.970.640.520.94-0.80.94-0.930.630.90.850.771.00.940.970.960.840.570.930.850.67-0.99-0.93-0.870.220.5
-0.86-0.54-0.59-0.790.92-0.770.94-0.52-0.73-0.82-0.74-0.92-0.91-0.93-0.83-0.73-0.29-0.87-0.82-0.750.91-0.930.9-0.24-0.56
-0.76-0.55-0.53-0.70.9-0.720.98-0.58-0.66-0.77-0.63-0.83-0.87-0.83-0.73-0.65-0.17-0.8-0.94-0.890.88-0.870.9-0.37-0.8
0.130.540.020.05-0.10.08-0.330.390.020.21-0.090.190.320.230.09-0.01-0.240.20.610.52-0.190.22-0.24-0.370.46
0.320.440.230.24-0.60.34-0.670.330.220.50.210.440.580.420.280.23-0.180.460.730.93-0.470.5-0.56-0.80.46
Click cells to compare fundamentals

Zoomd Technologies Account Relationship Matchups

Zoomd Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.0M19.4M26.6M25.0M18.6M18.2M
Other Current Liab3.3M3.9M151K3.2M3.6M2.3M
Total Current Liabilities6.4M5.9M11.0M9.1M7.8M8.7M
Total Stockholder Equity17.9M12.3M15.0M13.1M8.7M10.5M
Other Liab633K601K471K520K468K437.7K
Net Tangible Assets5.3M1.2M3.7M1.9M2.2M1.3M
Retained Earnings(26.0M)(31.7M)(29.2M)(32.0M)(36.7M)(38.5M)
Accounts Payable3.2M2.0M3.2M3.4M3.0M3.2M
Cash5.9M2.6M5.2M3.8M2.6M3.2M
Non Current Assets Total14.5M12.6M12.4M14.6M10.8M12.5M
Other Assets159K47K296K220K253K148.9K
Net Receivables5.2M3.7M8.5M5.8M4.7M5.4M
Common Stock Shares Outstanding93.3M94.8M95.6M97.3M98.3M75.5M
Non Current Liabilities Total1.7M1.2M567K2.8M2.2M1.4M
Other Stockholder Equity4.8M5.0M5.1M5.6M6.4M5.0M
Total Liab8.2M7.1M11.6M11.9M10.0M7.6M
Net Invested Capital17.9M12.3M17.0M15.1M10.7M11.5M
Total Current Assets11.5M6.9M14.1M10.4M7.9M9.7M
Net Working Capital5.0M922K3.1M1.3M81K77.0K
Property Plant Equipment1.8M1.4M814K3.2M3.7M3.9M
Capital Lease Obligations1.1M1.4M770K2.8M2.4M1.5M
Intangible Assets7.2M5.8M5.7M5.4M2.1M2.0M

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Additional Tools for Zoomd Stock Analysis

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