Condor Price To Sales Ratio vs Days Sales Outstanding 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 Price To Sales Ratio and its Days Sales Outstanding 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.

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Condor Energies Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Condor Energies' Price To Sales Ratio and Days Sales Outstanding is 0.61. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding 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' Price To Sales Ratio and Days Sales Outstanding 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 Condor Energies are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Price To Sales Ratio i.e., Condor Energies' Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Price To Sales Ratio

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

Days Sales Outstanding

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 7th 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
Click cells to compare fundamentals

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.