Canada Price To Sales Ratio vs Capex To Depreciation Analysis
LL Stock | CAD 0.02 0.01 33.33% |
Canada Rare financial indicator trend analysis is way more than just evaluating Canada Rare Earth prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Rare Earth is a good investment. Please check the relationship between Canada Rare Price To Sales Ratio and its Capex To Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. 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 Capex To Depreciation
Price To Sales Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canada Rare Earth Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Canada Rare's Price To Sales Ratio and Capex To Depreciation is -0.8. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Canada Rare Earth, assuming nothing else is changed. The correlation between historical values of Canada Rare's Price To Sales Ratio and Capex To Depreciation 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 Canada Rare Earth are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., Canada Rare's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Canada Rare Earth stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Canada Rare sales, a figure that is much harder to manipulate than other Canada Rare Earth 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.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Canada Rare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canada Rare Earth 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. 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. At this time, Canada Rare's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 33.47 in 2024, whereas Selling General Administrative is likely to drop slightly above 829.3 K in 2024.
Canada Rare fundamental ratios Correlations
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Canada Rare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canada Rare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5M | 603.1K | 1.2M | 2.3M | 2.0M | 2.9M | |
Total Current Liabilities | 1.4M | 661.6K | 1.4M | 1.7M | 1.9M | 2.0M | |
Total Stockholder Equity | (46.0K) | (183.5K) | (532.2K) | 6.1K | 5.5K | 5.2K | |
Net Debt | (164.2K) | (30.6K) | 458.7K | 1.0M | 1.2M | 1.2M | |
Retained Earnings | (25.1M) | (25.7M) | (26.8M) | (26.6M) | (23.9M) | (22.7M) | |
Accounts Payable | 533.4K | 668.2K | 793.2K | 590.3K | 678.9K | 712.8K | |
Cash | 204.3K | 33.8K | 77.0K | 220.6K | 198.6K | 340.3K | |
Non Current Assets Total | 919.2K | 240.3K | 717.0K | 1.0M | 1.2M | 1.4M | |
Cash And Short Term Investments | 514.2K | 204.3K | 33.8K | 220.6K | 198.6K | 188.6K | |
Net Receivables | 197.8K | 5.4K | 324.7K | 574.2K | 660.3K | 693.3K | |
Common Stock Shares Outstanding | 200.1M | 204.2M | 205.6M | 209.7M | 241.2M | 253.3M | |
Liabilities And Stockholders Equity | 1.1M | 1.5M | 603.1K | 2.3M | 2.0M | 3.0M | |
Other Stockholder Equity | 8.3M | 8.3M | 8.5M | 8.8M | 10.1M | 11.6M | |
Total Liab | 1.6M | 786.6K | 1.7M | 2.3M | 2.6M | 2.7M | |
Total Current Assets | 600.5K | 362.8K | 478.5K | 1.3M | 1.1M | 2.1M | |
Short Long Term Debt Total | 1.1M | 40.1K | 3.3K | 1.2M | 1.4M | 1.5M | |
Other Current Liab | 324K | 1.3M | 658.4K | 590.3K | 678.9K | 465.3K | |
Short Term Debt | 1.1M | 36.8K | 3.3K | 1.1M | 1.2M | 1.3M | |
Net Tangible Assets | (65.9K) | (183.5K) | (596.6K) | (31.6K) | (28.5K) | (27.1K) | |
Other Current Assets | 323.6K | 73.3K | 59.7K | 464.8K | 534.5K | 561.2K | |
Common Stock | 16.8M | 17.0M | 17.5M | 17.6M | 20.2M | 16.2M | |
Accumulated Other Comprehensive Income | 8.3M | 8.3M | 8.5M | 9.0M | 10.4M | 8.9M | |
Intangible Assets | 19.9K | 1.0 | 64.4K | 37.8K | 34.0K | 32.3K | |
Non Current Liabilities Total | 179.3K | 125K | 349.4K | 602.7K | 693.1K | 388.2K | |
Short Long Term Debt | 410.4K | 1.1M | 535.7K | 1.0M | 1.2M | 713.1K | |
Other Liab | 250K | 176K | 125K | 436.4K | 392.7K | 207.9K | |
Net Invested Capital | (46.0K) | (183.5K) | 3.5K | 1.0M | 1.2M | 1.2M | |
Net Working Capital | (785.9K) | (298.9K) | (899.9K) | (406.4K) | (365.7K) | (384.0K) | |
Inventory | (125.1K) | 250.3K | 59.7K | 453.1K | 521.1K | 547.1K | |
Capital Stock | 16.8M | 17.0M | 17.5M | 17.6M | 20.2M | 18.5M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canada Rare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canada Rare's short interest history, or implied volatility extrapolated from Canada Rare options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. 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 Anywhere module to track or share privately all of your investments from the convenience of any device.
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When running Canada Rare's price analysis, check to measure Canada Rare'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 Canada Rare is operating at the current time. Most of Canada Rare's value examination focuses on studying past and present price action to predict the probability of Canada Rare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Rare's price. Additionally, you may evaluate how the addition of Canada Rare to your portfolios can decrease your overall portfolio volatility.
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