Entree Price To Sales Ratio vs Free Cash Flow Yield Analysis
ETG Stock | CAD 1.49 0.03 1.97% |
Entree Resources financial indicator trend analysis is much more than just examining Entree Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entree Resources is a good investment. Please check the relationship between Entree Resources Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entree Resources. 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 Free Cash Flow Yield
Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entree Resources Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between Entree Resources' Price To Sales Ratio and Free Cash Flow Yield is 0.04. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Entree Resources, assuming nothing else is changed. The correlation between historical values of Entree Resources' Price To Sales Ratio and Free Cash Flow Yield 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 Entree Resources are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Entree Resources' Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Entree Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Entree Resources sales, a figure that is much harder to manipulate than other Entree Resources 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.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from Entree Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entree Resources 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entree Resources. 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. At this time, Entree Resources' Selling General Administrative is very stable compared to the past year. As of the 12th of June 2024, Enterprise Value is likely to grow to about 187.5 M, while Discontinued Operations is likely to drop (212.5 K).
Entree Resources fundamental ratios Correlations
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Entree Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Entree Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.1M | 8.0M | 7.8M | 7.5M | 7.2M | 6.9M | |
Other Current Liab | 72K | 124K | 101K | 227K | 204.3K | 194.1K | |
Total Current Liabilities | 175K | 232K | 200K | 327K | 313K | 618.8K | |
Total Stockholder Equity | (47.0M) | (50.2M) | (55.1M) | (57.5M) | (64.6M) | (61.4M) | |
Property Plant And Equipment Net | 316K | 220K | 128K | 523K | 419K | 398.1K | |
Net Debt | 4.0M | 2.6M | 3.3M | 5.3M | 6.2M | 6.5M | |
Retained Earnings | (242.1M) | (248.1M) | (255.7M) | (264.7M) | (274.3M) | (260.6M) | |
Accounts Payable | 146K | 72K | 124K | 101K | 116.2K | 110.3K | |
Cash | 5.4M | 7.3M | 7.1M | 6.4M | 6.1M | 5.8M | |
Non Current Assets Total | 442K | 409K | 367K | 818K | 779K | 740.1K | |
Cash And Short Term Investments | 5.4M | 7.3M | 7.1M | 6.4M | 7.4M | 7.0M | |
Common Stock Shares Outstanding | 174.9M | 178.6M | 188.7M | 197.1M | 203.3M | 117.7M | |
Liabilities And Stockholders Equity | 6.1M | 8.0M | 7.8M | 7.5M | 8.6M | 8.2M | |
Non Current Liabilities Total | 52.9M | 57.9M | 62.7M | 64.7M | 71.5M | 75.1M | |
Other Stockholder Equity | 22.0M | 21.7M | 21.1M | 2.0M | 2.3M | 2.2M | |
Total Liab | 53.1M | 58.2M | 62.9M | 65.0M | 71.8M | 75.4M | |
Property Plant And Equipment Gross | 316K | 220K | 475K | 945K | 963K | 914.9K | |
Total Current Assets | 5.7M | 7.6M | 7.4M | 6.7M | 6.4M | 6.1M | |
Short Term Debt | 103K | 108K | 99K | 100K | 90K | 85.5K | |
Net Receivables | 122K | 130K | 157K | 158K | 176K | 194.2K | |
Accumulated Other Comprehensive Income | 22.0M | 21.7M | 21.1M | 24.5M | 28.2M | 29.6M | |
Common Stock Total Equity | 139.7M | 173.0M | 173.1M | 176.2M | 202.7M | 169.7M | |
Common Stock | 173.1M | 176.2M | 179.5M | 182.7M | 210.1M | 174.2M | |
Short Long Term Debt Total | 9.3M | 9.8M | 10.4M | 11.7M | 13.4M | 7.1M | |
Other Liab | 38.5M | 43.7M | 48.2M | 52.4M | 60.3M | 42.6M | |
Net Tangible Assets | (39.7M) | (47.0M) | (50.2M) | (55.1M) | (49.6M) | (47.1M) | |
Long Term Debt | 9.0M | 9.6M | 10.3M | 11.1M | 12.3M | 9.5M | |
Property Plant Equipment | 316K | 220K | 128K | 523K | 470.7K | 447.2K | |
Long Term Investments | 114K | 177K | 239K | 295K | 360K | 223.7K | |
Long Term Debt Total | 9.0M | 9.6M | 10.3M | 11.1M | 12.8M | 10.0M | |
Capital Surpluse | 22.4M | 23.2M | 22.7M | 22.5M | 25.9M | 24.5M | |
Cash And Equivalents | 5.4M | 7.3M | 7.1M | 6.4M | 5.8M | 6.0M | |
Net Invested Capital | (37.9M) | (40.6M) | (44.8M) | (46.4M) | (52.3M) | (54.9M) | |
Net Working Capital | 5.5M | 7.3M | 7.2M | 6.3M | 6.1M | 5.3M |
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Balance Sheet is a snapshot of the financial position of Entree Resources at a specified time, usually calculated after every quarter, six months, or one year. Entree Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Entree Resources 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 Entree currently owns. An asset can also be divided into two categories, current and non-current.