Condor Ev To Sales vs Ptb Ratio Analysis

CDR Stock   1.81  0.02  1.12%   
Condor Energies financial indicator trend analysis is way more than just evaluating Condor Energies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Condor Energies is a good investment. Please check the relationship between Condor Energies Ev To Sales and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Condor Energies. 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.

Ev To Sales vs Ptb Ratio

Ev To Sales vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Condor Energies Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Condor Energies' Ev To Sales and Ptb Ratio is -0.73. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Condor Energies, assuming nothing else is changed. The correlation between historical values of Condor Energies' Ev To Sales and Ptb 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 Ev To Sales of Condor Energies are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Ev To Sales i.e., Condor Energies' Ev To Sales and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Condor Energies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Condor Energies 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Condor Energies. 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.
As of the 6th of June 2024, Selling General Administrative is likely to grow to about 5.8 M, while Tax Provision is likely to drop (3.2 M).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation904K902K1.6M2.2M
Total Operating Expenses9.8M7.6M8.3M8.6M

Condor Energies fundamental ratios Correlations

0.121.00.99-0.740.890.94-0.690.95-0.830.990.950.290.83-0.530.99-0.910.56-0.070.470.470.850.470.580.470.7
0.120.030.04-0.27-0.240.2-0.4-0.12-0.160.270.060.880.32-0.350.05-0.03-0.10.870.310.310.590.310.380.310.46
1.00.031.0-0.710.930.93-0.660.97-0.830.970.940.190.83-0.520.99-0.910.54-0.130.460.460.80.460.560.460.67
0.990.041.0-0.690.920.93-0.690.97-0.860.970.920.180.83-0.560.98-0.890.49-0.110.530.530.80.530.60.50.7
-0.74-0.27-0.71-0.69-0.48-0.710.32-0.690.59-0.73-0.75-0.43-0.540.28-0.760.68-0.56-0.09-0.25-0.25-0.75-0.25-0.31-0.25-0.34
0.89-0.240.930.92-0.480.74-0.550.96-0.730.830.83-0.120.81-0.40.88-0.820.43-0.260.330.330.540.330.420.360.52
0.940.20.930.93-0.710.74-0.70.83-0.860.950.880.410.67-0.640.95-0.880.55-0.110.580.580.890.580.710.580.8
-0.69-0.4-0.66-0.690.32-0.55-0.7-0.540.78-0.75-0.53-0.43-0.650.79-0.650.63-0.16-0.2-0.6-0.6-0.75-0.6-0.62-0.74-0.79
0.95-0.120.970.97-0.690.960.83-0.54-0.760.90.910.030.82-0.40.95-0.860.53-0.190.350.350.670.350.430.350.53
-0.83-0.16-0.83-0.860.59-0.73-0.860.78-0.76-0.84-0.63-0.16-0.670.88-0.810.79-0.130.02-0.74-0.74-0.73-0.74-0.81-0.86-0.82
0.990.270.970.97-0.730.830.95-0.750.9-0.840.910.420.86-0.590.97-0.870.510.080.530.530.920.530.650.530.78
0.950.060.940.92-0.750.830.88-0.530.91-0.630.910.330.75-0.260.96-0.90.75-0.150.260.260.790.260.350.190.5
0.290.880.190.18-0.43-0.120.41-0.430.03-0.160.420.330.29-0.220.26-0.250.350.590.160.160.720.160.280.170.43
0.830.320.830.83-0.540.810.67-0.650.82-0.670.860.750.29-0.470.78-0.720.260.350.360.360.740.360.50.410.64
-0.53-0.35-0.52-0.560.28-0.4-0.640.79-0.40.88-0.59-0.26-0.22-0.47-0.490.490.22-0.19-0.82-0.82-0.59-0.82-0.89-0.99-0.87
0.990.050.990.98-0.760.880.95-0.650.95-0.810.970.960.260.78-0.49-0.920.63-0.150.430.430.830.430.540.430.65
-0.91-0.03-0.91-0.890.68-0.82-0.880.63-0.860.79-0.87-0.9-0.25-0.720.49-0.92-0.590.21-0.3-0.3-0.73-0.3-0.46-0.44-0.57
0.56-0.10.540.49-0.560.430.55-0.160.53-0.130.510.750.350.260.220.63-0.59-0.37-0.28-0.280.48-0.28-0.15-0.280.02
-0.070.87-0.13-0.11-0.09-0.26-0.11-0.2-0.190.020.08-0.150.590.35-0.19-0.150.21-0.370.170.170.320.170.210.170.26
0.470.310.460.53-0.250.330.58-0.60.35-0.740.530.260.160.36-0.820.43-0.3-0.280.171.00.531.00.880.790.83
0.470.310.460.53-0.250.330.58-0.60.35-0.740.530.260.160.36-0.820.43-0.3-0.280.171.00.531.00.880.790.83
0.850.590.80.8-0.750.540.89-0.750.67-0.730.920.790.720.74-0.590.83-0.730.480.320.530.530.530.650.530.79
0.470.310.460.53-0.250.330.58-0.60.35-0.740.530.260.160.36-0.820.43-0.3-0.280.171.01.00.530.880.790.83
0.580.380.560.6-0.310.420.71-0.620.43-0.810.650.350.280.5-0.890.54-0.46-0.150.210.880.880.650.880.860.95
0.470.310.460.5-0.250.360.58-0.740.35-0.860.530.190.170.41-0.990.43-0.44-0.280.170.790.790.530.790.860.82
0.70.460.670.7-0.340.520.8-0.790.53-0.820.780.50.430.64-0.870.65-0.570.020.260.830.830.790.830.950.82
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Condor Energies Account Relationship Matchups

Condor Energies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.5M21.5M8.7M10.1M6.8M6.4M
Total Current Liabilities20.3M2.0M2.1M2.0M2.0M1.9M
Total Stockholder Equity22.8M17.1M5.0M6.3M(2.5M)(2.4M)
Retained Earnings(191.6M)(193.6M)(204.9M)(208.0M)(219.4M)(230.4M)
Cash And Short Term Investments2.9M12.3M4.6M3.8M3.4M5.8M
Net Receivables334K278K119K353K21K20.0K
Liabilities And Stockholders Equity45.5M21.5M8.7M10.1M9.1M8.6M
Capital Surpluse21.8M22.1M21.4M21.7M24.9M23.6M
Other Stockholder Equity(79.5M)(83.3M)(84.6M)(83.9M)(75.5M)(79.3M)
Total Liab22.7M4.4M3.7M3.8M9.3M9.9M
Total Current Assets26.8M13.6M5.1M4.4M5.6M9.6M
Property Plant Equipment15.0M4.9M2.8M5.2M4.7M4.5M

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Other Information on Investing in Condor Stock

Balance Sheet is a snapshot of the financial position of Condor Energies at a specified time, usually calculated after every quarter, six months, or one year. Condor Energies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Condor Energies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Condor currently owns. An asset can also be divided into two categories, current and non-current.