IBC Price To Sales Ratio vs Invested Capital Analysis

IB Stock

CAD 0.1 0.01 5.00%

IBC Advanced financial indicator trend analysis is infinitely more than just investigating IBC Advanced Alloys recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IBC Advanced Alloys is a good investment. Please check the relationship between IBC Advanced Price To Sales Ratio and its Invested Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBC Advanced Alloys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Price To Sales Ratio vs Invested Capital

Price To Sales Ratio vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IBC Advanced Alloys Price To Sales Ratio account and Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between IBC Advanced's Price To Sales Ratio and Invested Capital is -0.13. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Invested Capital in the same time period over historical financial statements of IBC Advanced Alloys, assuming nothing else is changed. The correlation between historical values of IBC Advanced's Price To Sales Ratio and Invested Capital 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 IBC Advanced Alloys are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Price To Sales Ratio i.e., IBC Advanced's Price To Sales Ratio and Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

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

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to IBC Advanced Alloys. There are two different methods for calculating IBC Advanced Alloys invested capital: operating approach and financing approach. Understanding IBC Advanced invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Most indicators from IBC Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IBC Advanced Alloys 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBC Advanced Alloys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to climb to 1,208 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.5 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	26.7M	32.0M	36.8M	20.0M
Interest Expense	1.6M	2.4M	2.8M	2.9M

Other Operating Expenses Interest Expense

IBC Advanced fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Short Term Debt	Inventory	Current Deferred Revenue	Non Currrent Assets Other	Good Will	Common Stock	Other Liab
Total Assets		0.7	0.73	0.18	0.95	0.67	-0.76	0.76	0.04	0.94	0.04	0.77	0.65	0.68	0.54	0.76	0.77	0.94	0.75	0.73	0.92	0.6	0.54	-0.74	0.7	-0.49
Other Current Liab	0.7		0.54	-0.04	0.69	0.46	-0.84	0.72	0.03	0.62	0.03	0.45	0.55	0.49	0.13	0.8	0.55	0.69	0.52	0.46	0.75	0.3	0.29	-0.69	0.7	-0.73
Total Current Liabilities	0.73	0.54		-0.41	0.69	0.94	-0.7	0.72	-0.3	0.7	-0.3	0.93	0.96	0.53	0.27	0.65	0.99	0.7	0.97	0.98	0.76	0.92	0.82	-0.37	0.83	-0.67
Total Stockholder Equity	0.18	-0.04	-0.41		0.15	-0.47	0.07	-0.22	0.55	0.2	0.55	-0.17	-0.55	-0.07	0.34	0.12	-0.38	0.13	-0.39	-0.36	-0.07	-0.45	-0.44	-0.49	-0.47	0.43
Property Plant And Equipment Net	0.95	0.69	0.69	0.15		0.7	-0.73	0.73	-0.13	0.98	-0.13	0.69	0.65	0.7	0.41	0.71	0.73	0.8	0.74	0.71	0.86	0.5	0.62	-0.69	0.67	-0.44
Net Debt	0.67	0.46	0.94	-0.47	0.7		-0.63	0.61	-0.53	0.71	-0.53	0.87	0.96	0.63	0.16	0.54	0.96	0.57	0.98	0.96	0.72	0.84	0.85	-0.27	0.8	-0.6
Retained Earnings	-0.76	-0.84	-0.7	0.07	-0.73	-0.63		-0.78	-0.02	-0.65	-0.02	-0.63	-0.7	-0.58	-0.32	-0.96	-0.73	-0.79	-0.7	-0.64	-0.84	-0.47	-0.39	0.8	-0.8	0.83
Accounts Payable	0.76	0.72	0.72	-0.22	0.73	0.61	-0.78		0.02	0.66	0.02	0.6	0.7	0.53	0.34	0.72	0.72	0.77	0.68	0.64	0.79	0.54	0.56	-0.51	0.81	-0.72
Cash	0.04	0.03	-0.3	0.55	-0.13	-0.53	-0.02	0.02		-0.14	1.0	-0.27	-0.36	-0.05	0.37	0.15	-0.28	0.23	-0.34	-0.39	-0.08	-0.26	-0.45	-0.26	-0.18	0.0
Non Current Assets Total	0.94	0.62	0.7	0.2	0.98	0.71	-0.65	0.66	-0.14		-0.14	0.74	0.63	0.67	0.43	0.66	0.73	0.77	0.75	0.74	0.81	0.53	0.65	-0.64	0.6	-0.37
Cash And Short Term Investments	0.04	0.03	-0.3	0.55	-0.13	-0.53	-0.02	0.02	1.0	-0.14		-0.27	-0.36	-0.05	0.37	0.15	-0.28	0.23	-0.34	-0.39	-0.08	-0.26	-0.45	-0.26	-0.18	0.0
Net Receivables	0.77	0.45	0.93	-0.17	0.69	0.87	-0.63	0.6	-0.27	0.74	-0.27		0.82	0.49	0.33	0.64	0.92	0.74	0.89	0.94	0.75	0.89	0.67	-0.48	0.66	-0.48
Common Stock Shares Outstanding	0.65	0.55	0.96	-0.55	0.65	0.96	-0.7	0.7	-0.36	0.63	-0.36	0.82		0.61	0.2	0.6	0.97	0.62	0.97	0.94	0.72	0.85	0.83	-0.26	0.89	-0.75
Non Current Liabilities Total	0.68	0.49	0.53	-0.07	0.7	0.63	-0.58	0.53	-0.05	0.67	-0.05	0.49	0.61		0.15	0.55	0.64	0.62	0.69	0.51	0.7	0.44	0.38	-0.4	0.59	-0.46
Other Current Assets	0.54	0.13	0.27	0.34	0.41	0.16	-0.32	0.34	0.37	0.43	0.37	0.33	0.2	0.15		0.33	0.26	0.58	0.27	0.3	0.42	0.23	0.19	-0.4	0.36	-0.29
Other Stockholder Equity	0.76	0.8	0.65	0.12	0.71	0.54	-0.96	0.72	0.15	0.66	0.15	0.64	0.6	0.55	0.33		0.67	0.79	0.64	0.58	0.78	0.43	0.29	-0.87	0.66	-0.74
Total Liab	0.77	0.55	0.99	-0.38	0.73	0.96	-0.73	0.72	-0.28	0.73	-0.28	0.92	0.97	0.64	0.26	0.67		0.73	0.99	0.97	0.79	0.9	0.8	-0.4	0.84	-0.68
Total Current Assets	0.94	0.69	0.7	0.13	0.8	0.57	-0.79	0.77	0.23	0.77	0.23	0.74	0.62	0.62	0.58	0.79	0.73		0.69	0.66	0.94	0.62	0.37	-0.75	0.73	-0.56
Short Long Term Debt Total	0.75	0.52	0.97	-0.39	0.74	0.98	-0.7	0.68	-0.34	0.75	-0.34	0.89	0.97	0.69	0.27	0.64	0.99	0.69		0.97	0.78	0.86	0.83	-0.36	0.84	-0.66
Short Term Debt	0.73	0.46	0.98	-0.36	0.71	0.96	-0.64	0.64	-0.39	0.74	-0.39	0.94	0.94	0.51	0.3	0.58	0.97	0.66	0.97		0.73	0.89	0.86	-0.35	0.78	-0.57
Inventory	0.92	0.75	0.76	-0.07	0.86	0.72	-0.84	0.79	-0.08	0.81	-0.08	0.75	0.72	0.7	0.42	0.78	0.79	0.94	0.78	0.73		0.64	0.48	-0.71	0.83	-0.62
Current Deferred Revenue	0.6	0.3	0.92	-0.45	0.5	0.84	-0.47	0.54	-0.26	0.53	-0.26	0.89	0.85	0.44	0.23	0.43	0.9	0.62	0.86	0.89	0.64		0.69	-0.19	0.67	-0.47
Non Currrent Assets Other	0.54	0.29	0.82	-0.44	0.62	0.85	-0.39	0.56	-0.45	0.65	-0.45	0.67	0.83	0.38	0.19	0.29	0.8	0.37	0.83	0.86	0.48	0.69		-0.04	0.65	-0.42
Good Will	-0.74	-0.69	-0.37	-0.49	-0.69	-0.27	0.8	-0.51	-0.26	-0.64	-0.26	-0.48	-0.26	-0.4	-0.4	-0.87	-0.4	-0.75	-0.36	-0.35	-0.71	-0.19	-0.04		-0.39	0.4
Common Stock	0.7	0.7	0.83	-0.47	0.67	0.8	-0.8	0.81	-0.18	0.6	-0.18	0.66	0.89	0.59	0.36	0.66	0.84	0.73	0.84	0.78	0.83	0.67	0.65	-0.39		-0.86
Other Liab	-0.49	-0.73	-0.67	0.43	-0.44	-0.6	0.83	-0.72	0.0	-0.37	0.0	-0.48	-0.75	-0.46	-0.29	-0.74	-0.68	-0.56	-0.66	-0.57	-0.62	-0.47	-0.42	0.4	-0.86

Click cells to compare fundamentals

IBC Advanced Account Relationship Matchups

IBC Advanced fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.3M	25.2M	27.6M	28.3M	32.6M	20.1M
Other Current Liab	2.6M	2.5M	3.1M	2.5M	2.9M	1.6M
Total Current Liabilities	9.5M	12.9M	17.9M	22.4M	25.8M	27.0M
Total Stockholder Equity	5.8M	6.7M	6.9M	3.0M	2.7M	2.5M
Property Plant And Equipment Net	8.6M	11.6M	14.6M	11.9M	13.6M	8.5M
Net Debt	8.6M	8.8M	12.5M	14.8M	17.0M	17.9M
Retained Earnings	(61.1M)	(62.6M)	(63.7M)	(69.7M)	(62.7M)	(59.6M)
Accounts Payable	1.7M	2.8M	3.6M	3.1M	3.6M	2.0M
Cash	509K	2.4M	478K	83K	74.7K	71.0K
Non Current Assets Total	8.9M	12.3M	16.5M	13.1M	15.1M	10.5M
Cash And Short Term Investments	509K	2.4M	478K	83K	74.7K	71.0K
Net Receivables	3.0M	2.8M	3.6M	5.5M	6.3M	6.6M
Common Stock Shares Outstanding	51.2M	64.0M	80.0M	93.8M	107.9M	113.2M
Liabilities And Stockholders Equity	19.3M	25.2M	27.6M	28.3M	32.6M	20.1M
Non Current Liabilities Total	4.0M	5.6M	2.9M	3.0M	3.4M	2.7M
Other Current Assets	187K	275K	282K	328K	377.2K	202.8K
Other Stockholder Equity	9.4M	9.3M	9.6M	9.7M	8.8M	9.8M
Total Liab	13.5M	18.5M	20.8M	25.4M	29.2M	30.6M
Total Current Assets	10.4M	12.9M	11.1M	15.2M	17.5M	10.2M
Short Long Term Debt Total	9.1M	11.1M	13.0M	14.9M	17.1M	18.0M
Short Term Debt	5.1M	5.6M	10.1M	11.9M	13.7M	14.4M
Inventory	6.6M	7.5M	6.8M	9.3M	10.7M	5.6M
Current Deferred Revenue	57K	2.0M	1.1M	4.8M	5.6M	5.8M
Non Currrent Assets Other	319K	613K	1.9M	1.3M	1.4M	1.5M
Accumulated Other Comprehensive Income	9.6M	9.4M	125K	235K	211.5K	200.9K
Common Stock	57.5M	60.0M	60.9M	62.7M	72.1M	58.0M
Net Tangible Assets	4.4M	5.8M	6.7M	6.9M	6.2M	5.8M
Other Assets	320K	319K	613K	1.9M	2.2M	2.3M
Short Long Term Debt	4.6M	4.8M	9.4M	11.2M	12.8M	13.5M
Property Plant Equipment	7.2M	8.6M	11.6M	14.6M	16.8M	9.4M
Long Term Debt	2.1M	2.8M	806K	1.7M	1.9M	1.9M
Capital Lease Obligations	2.3M	3.5M	2.8M	2.1M	2.4M	1.6M
Net Invested Capital	12.5M	14.3M	17.1M	15.8M	18.2M	14.5M
Net Working Capital	852K	(23K)	(6.8M)	(7.2M)	(6.5M)	(6.1M)
Capital Stock	57.5M	60.0M	60.9M	62.7M	72.1M	65.1M

Pair Trading with IBC Advanced

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IBC Advanced position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IBC Advanced will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to IBC Advanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IBC Advanced when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IBC Advanced - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IBC Advanced Alloys to buy it.

The correlation of IBC Advanced is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IBC Advanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IBC Advanced Alloys moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for IBC Advanced can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBC Advanced Alloys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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

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Please note, there is a significant difference between IBC Advanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if IBC Advanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IBC Advanced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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IBC Price To Sales Ratio vs Invested Capital Analysis

Price To Sales Ratio vs Invested Capital

Price To Sales Ratio vs Invested Capital Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Invested Capital

IBC Advanced fundamental ratios Correlations

IBC Advanced Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IBC Advanced fundamental ratios Accounts

Pair Trading with IBC Advanced

Complementary Tools for IBC Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Current Liabilities
Short Long Term Debt Total	+ 0.99	Total Liab
Short Term Debt	+ 0.98	Total Current Liabilities
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Short Long Term Debt Total	+ 0.98	Net Debt

Other Stockholder Equity	- 0.96	Retained Earnings
Good Will	- 0.87	Other Stockholder Equity
Other Liab	- 0.86	Common Stock
Inventory	- 0.84	Retained Earnings
Retained Earnings	- 0.84	Other Current Liab
Common Stock	- 0.8	Retained Earnings