Excellon Average Payables vs Price To Sales Ratio Analysis

EXN Stock  CAD 0.18  0.01  5.26%   
Excellon Resources financial indicator trend analysis is much more than just examining Excellon Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Excellon Resources is a good investment. Please check the relationship between Excellon Resources Average Payables and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Excellon 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.

Average Payables vs Price To Sales Ratio

Average Payables vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Excellon Resources Average Payables account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Excellon Resources' Average Payables and Price To Sales Ratio is -0.77. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Excellon Resources, assuming nothing else is changed. The correlation between historical values of Excellon Resources' Average Payables 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 Average Payables of Excellon Resources 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 Average Payables i.e., Excellon Resources' Average Payables and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Excellon Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Excellon Resources sales, a figure that is much harder to manipulate than other Excellon 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.
Most indicators from Excellon Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Excellon 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 Excellon 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.
As of the 6th of June 2024, Selling General Administrative is likely to grow to about 5.6 M, though Tax Provision is likely to grow to (705.9 K).

Excellon Resources fundamental ratios Correlations

-0.32-0.1-0.390.88-0.620.370.380.570.69-0.340.260.520.21-0.210.930.850.97-0.120.660.740.69-0.35-0.440.57-0.02
-0.320.520.86-0.650.74-0.870.18-0.3-0.30.860.09-0.720.290.79-0.43-0.04-0.33-0.34-0.74-0.38-0.230.910.710.150.77
-0.10.520.78-0.490.33-0.560.01-0.09-0.140.30.25-0.430.210.86-0.09-0.03-0.14-0.16-0.46-0.05-0.220.470.190.030.48
-0.390.860.78-0.760.66-0.920.14-0.26-0.310.80.05-0.730.30.91-0.42-0.18-0.43-0.15-0.68-0.34-0.460.860.650.060.73
0.88-0.65-0.49-0.76-0.760.720.150.520.63-0.610.010.730.03-0.640.830.710.89-0.060.780.650.72-0.63-0.550.36-0.4
-0.620.740.330.66-0.76-0.70.04-0.85-0.840.690.0-0.61-0.360.55-0.8-0.35-0.53-0.1-0.72-0.28-0.50.70.580.050.46
0.37-0.87-0.56-0.920.72-0.7-0.370.260.31-0.94-0.130.78-0.28-0.840.410.210.43-0.030.570.280.56-0.86-0.6-0.18-0.86
0.380.180.010.140.150.04-0.370.130.120.330.38-0.120.050.270.340.170.30.520.360.48-0.190.01-0.130.60.58
0.57-0.3-0.09-0.260.52-0.850.260.130.98-0.270.120.210.75-0.160.790.390.42-0.010.470.080.41-0.3-0.31-0.04-0.07
0.69-0.3-0.14-0.310.63-0.840.310.120.98-0.280.160.270.71-0.20.860.550.57-0.130.490.190.56-0.29-0.310.05-0.08
-0.340.860.30.8-0.610.69-0.940.33-0.27-0.28-0.01-0.740.290.64-0.42-0.1-0.38-0.09-0.57-0.33-0.450.910.680.20.78
0.260.090.250.050.010.0-0.130.380.120.16-0.01-0.06-0.050.420.320.090.190.270.180.330.05-0.13-0.420.250.24
0.52-0.72-0.43-0.730.73-0.610.78-0.120.210.27-0.74-0.06-0.29-0.650.470.260.530.150.760.430.57-0.68-0.390.19-0.66
0.210.290.210.30.03-0.36-0.280.050.750.710.29-0.05-0.290.260.360.280.07-0.29-0.1-0.340.210.330.24-0.020.34
-0.210.790.860.91-0.640.55-0.840.27-0.16-0.20.640.42-0.650.26-0.21-0.14-0.27-0.03-0.51-0.14-0.380.670.380.160.78
0.93-0.43-0.09-0.420.83-0.80.410.340.790.86-0.420.320.470.36-0.210.690.850.030.720.650.6-0.47-0.550.34-0.07
0.85-0.04-0.03-0.180.71-0.350.210.170.390.55-0.10.090.260.28-0.140.690.89-0.550.240.480.770.0-0.140.52-0.01
0.97-0.33-0.14-0.430.89-0.530.430.30.420.57-0.380.190.530.07-0.270.850.89-0.220.590.760.73-0.36-0.430.58-0.09
-0.12-0.34-0.16-0.15-0.06-0.1-0.030.52-0.01-0.13-0.090.270.15-0.29-0.030.03-0.55-0.220.520.26-0.57-0.42-0.360.050.07
0.66-0.74-0.46-0.680.78-0.720.570.360.470.49-0.570.180.76-0.1-0.510.720.240.590.520.640.29-0.74-0.580.33-0.32
0.74-0.38-0.05-0.340.65-0.280.280.480.080.19-0.330.330.43-0.34-0.140.650.480.760.260.640.26-0.45-0.560.480.04
0.69-0.23-0.22-0.460.72-0.50.56-0.190.410.56-0.450.050.570.21-0.380.60.770.73-0.570.290.26-0.26-0.130.2-0.4
-0.350.910.470.86-0.630.7-0.860.01-0.3-0.290.91-0.13-0.680.330.67-0.470.0-0.36-0.42-0.74-0.45-0.260.790.120.65
-0.440.710.190.65-0.550.58-0.6-0.13-0.31-0.310.68-0.42-0.390.240.38-0.55-0.14-0.43-0.36-0.58-0.56-0.130.79-0.040.33
0.570.150.030.060.360.05-0.180.6-0.040.050.20.250.19-0.020.160.340.520.580.050.330.480.20.12-0.040.38
-0.020.770.480.73-0.40.46-0.860.58-0.07-0.080.780.24-0.660.340.78-0.07-0.01-0.090.07-0.320.04-0.40.650.330.38
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Excellon Resources Account Relationship Matchups

Excellon Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.2M73.3M41.6M26.7M16.6M15.8M
Short Long Term Debt Total1.3M8.1M9.7M11.5M13.2M8.9M
Other Current Liab1.9M3.4M29.9M30.4M1K950.0
Total Current Liabilities9.1M12.0M34.2M46.5M25.7M27.0M
Total Stockholder Equity42.2M50.4M(4.5M)(21.9M)(9.8M)(9.3M)
Net Debt(5.1M)(267K)5.6M10.0M11.3M11.8M
Retained Earnings(88.4M)(104.4M)(162.2M)(181.0M)(174.5M)(165.7M)
Accounts Payable6.7M8.2M4.0M4.6M4.5M4.1M
Cash6.3M8.4M4.1M1.5M691K656.5K
Cash And Short Term Investments6.7M10.7M4.5M1.5M1.7M1.6M
Common Stock Shares Outstanding20.7M28.9M32.7M34.9M49.1M51.6M
Liabilities And Stockholders Equity55.2M73.3M41.6M26.7M30.7M43.5M
Non Current Liabilities Total3.8M10.8M11.9M2.1M748K710.6K
Other Current Assets752K52K88K12K14K13.3K
Other Stockholder Equity28.7M34.0M34.6M34.8M40.0M29.0M
Total Liab13.0M22.8M46.0M48.6M26.5M16.8M
Total Current Assets16.8M21.8M12.2M5.9M1.2M1.2M
Accumulated Other Comprehensive Income(13.0M)(15.4M)(15.9M)(16.7M)(15.0M)(14.3M)
Property Plant And Equipment Net27.5M46.3M29.3M20.7M15.4M26.3M
Non Current Assets Total38.4M51.5M29.3M20.7M15.4M14.6M
Non Currrent Assets Other35.9M34.7M38.4M229K41K39.0K
Net Receivables5.8M6.7M7.5M3.9M2.7M0.0
Short Term Investments348K2.4M454K5K53K50.4K
Property Plant And Equipment Gross27.5M46.3M96.0M100.6M115.7M121.4M
Short Term Debt489K405K212K11.5M10.3M10.8M
Inventory2.6M2.4M2.1M1.8M2.0M1.7M
Common Stock Total Equity103.6M106.8M114.8M136.2M156.6M96.9M
Common Stock114.8M136.2M139.0M141.1M162.2M109.8M
Other Liab2.2M3.1M3.1M2.4M2.2M3.1M
Net Tangible Assets40.2M42.2M50.4M(4.5M)(4.0M)(3.8M)
Intangible Assets2.7M20.5M20.3M20.5M23.6M12.1M
Property Plant Equipment27.5M46.3M29.3M229K206.1K195.8K
Long Term Debt Total788K7.7M9.5M47K54.1K51.3K
Capital Surpluse28.7M34.0M34.6M34.8M40.0M29.3M
Cash And Equivalents6.3M8.4M4.1M1.5M1.3M1.3M
Net Invested Capital42.2M57.7M4.8M(10.6M)2.1M2.0M
Net Working Capital7.6M9.8M(21.9M)(40.5M)(24.5M)(23.3M)

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Other Information on Investing in Excellon Stock

Balance Sheet is a snapshot of the financial position of Excellon Resources at a specified time, usually calculated after every quarter, six months, or one year. Excellon Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Excellon 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 Excellon currently owns. An asset can also be divided into two categories, current and non-current.