Volcanic Ev To Sales vs Days Sales Outstanding Analysis

VG Stock  CAD 0.12  0.02  14.29%   
Volcanic Gold financial indicator trend analysis is much more than just breaking down Volcanic Gold Mines prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Volcanic Gold Mines is a good investment. Please check the relationship between Volcanic Gold Ev To Sales and its Days Sales Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Volcanic Gold Mines. 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.

Ev To Sales vs Days Sales Outstanding

Ev To Sales vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Volcanic Gold Mines Ev To Sales account and Days Sales Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Volcanic Gold's Ev To Sales and Days Sales Outstanding is 0.9. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Volcanic Gold Mines, assuming nothing else is changed. The correlation between historical values of Volcanic Gold's Ev To Sales 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 Ev To Sales of Volcanic Gold Mines 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 Ev To Sales i.e., Volcanic Gold's Ev To Sales and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Days Sales Outstanding

Most indicators from Volcanic Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Volcanic Gold Mines 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Volcanic Gold Mines. 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, Volcanic Gold's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 76.05 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (4.03) in 2024.
 2021 2022 2023 2024 (projected)
Net Interest Income29.9K94.7K142.1K76.0K
Reconciled Depreciation29.5K44.9K48.1K50.5K

Volcanic Gold fundamental ratios Correlations

0.60.251.0-0.96-0.560.680.980.10.920.20.6-0.010.250.98-0.3-0.020.840.67-0.33-0.040.870.920.960.720.48
0.60.390.61-0.73-0.950.60.6-0.040.80.030.94-0.140.390.61-0.27-0.130.870.96-0.37-0.640.80.470.620.90.86
0.250.390.24-0.26-0.490.460.25-0.030.260.240.33-0.031.00.25-0.2-0.340.240.37-0.27-0.050.310.050.180.30.28
1.00.610.24-0.97-0.560.690.990.060.920.20.6-0.050.230.99-0.32-0.010.840.68-0.35-0.040.880.920.970.730.49
-0.96-0.73-0.26-0.970.66-0.71-0.980.09-0.99-0.17-0.720.18-0.26-0.980.380.02-0.92-0.790.420.24-0.94-0.91-0.98-0.84-0.62
-0.56-0.95-0.49-0.560.66-0.74-0.55-0.02-0.72-0.12-0.910.18-0.49-0.550.40.11-0.81-0.960.50.56-0.76-0.33-0.53-0.85-0.83
0.680.60.460.69-0.71-0.740.680.020.710.520.71-0.270.470.68-0.57-0.120.70.73-0.65-0.180.80.470.620.750.69
0.980.60.250.99-0.98-0.550.68-0.10.930.150.6-0.170.251.0-0.35-0.020.830.67-0.37-0.020.90.920.980.740.49
0.1-0.04-0.030.060.09-0.020.02-0.1-0.080.23-0.060.81-0.02-0.090.280.010.040.010.24-0.03-0.14-0.04-0.11-0.11-0.06
0.920.80.260.92-0.99-0.720.710.93-0.080.180.79-0.190.260.93-0.38-0.010.960.85-0.44-0.380.940.870.950.880.69
0.20.030.240.2-0.17-0.120.520.150.230.180.17-0.030.260.16-0.26-0.20.20.15-0.35-0.090.170.150.150.220.21
0.60.940.330.6-0.72-0.910.710.6-0.060.790.17-0.250.330.61-0.4-0.010.880.95-0.48-0.610.850.490.630.940.93
-0.01-0.14-0.03-0.050.180.18-0.27-0.170.81-0.19-0.03-0.25-0.03-0.160.74-0.31-0.14-0.220.690.07-0.28-0.03-0.17-0.31-0.28
0.250.391.00.23-0.26-0.490.470.25-0.020.260.260.33-0.030.25-0.2-0.340.240.37-0.28-0.060.310.050.180.30.28
0.980.610.250.99-0.98-0.550.681.0-0.090.930.160.61-0.160.25-0.35-0.020.830.67-0.37-0.020.90.920.980.740.49
-0.3-0.27-0.2-0.320.380.4-0.57-0.350.28-0.38-0.26-0.40.74-0.2-0.35-0.35-0.38-0.450.980.16-0.45-0.17-0.34-0.43-0.36
-0.02-0.13-0.34-0.010.020.11-0.12-0.020.01-0.01-0.2-0.01-0.31-0.34-0.02-0.350.030.02-0.2-0.010.00.00.0-0.01-0.01
0.840.870.240.84-0.92-0.810.70.830.040.960.20.88-0.140.240.83-0.380.030.93-0.45-0.540.90.770.860.940.81
0.670.960.370.68-0.79-0.960.730.670.010.850.150.95-0.220.370.67-0.450.020.93-0.53-0.630.850.510.680.930.86
-0.33-0.37-0.27-0.350.420.5-0.65-0.370.24-0.44-0.35-0.480.69-0.28-0.370.98-0.2-0.45-0.530.26-0.5-0.19-0.37-0.5-0.43
-0.04-0.64-0.05-0.040.240.56-0.18-0.02-0.03-0.38-0.09-0.610.07-0.06-0.020.16-0.01-0.54-0.630.26-0.29-0.08-0.15-0.5-0.59
0.870.80.310.88-0.94-0.760.80.9-0.140.940.170.85-0.280.310.9-0.450.00.90.85-0.5-0.290.790.890.90.78
0.920.470.050.92-0.91-0.330.470.92-0.040.870.150.49-0.030.050.92-0.170.00.770.51-0.19-0.080.790.960.620.38
0.960.620.180.97-0.98-0.530.620.98-0.110.950.150.63-0.170.180.98-0.340.00.860.68-0.37-0.150.890.960.740.49
0.720.90.30.73-0.84-0.850.750.74-0.110.880.220.94-0.310.30.74-0.43-0.010.940.93-0.5-0.50.90.620.740.94
0.480.860.280.49-0.62-0.830.690.49-0.060.690.210.93-0.280.280.49-0.36-0.010.810.86-0.43-0.590.780.380.490.94
Click cells to compare fundamentals

Volcanic Gold Account Relationship Matchups

Volcanic Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets232.0K11.9M8.6M5.9M3.7M2.9M
Total Current Liabilities131.0K216.7K253.1K265.4K234.3K196.9K
Total Stockholder Equity277.5K11.9M8.5M5.9M3.6M2.7M
Net Debt(162.7K)(11.7M)(8.2M)(5.6M)(5.0M)(4.8M)
Retained Earnings(14.8M)(15.9M)(20.2M)(22.7M)(25.0M)(23.7M)
Accounts Payable125.9K189.5K253.1K187.7K215.9K122.3K
Cash162.7K11.7M8.2M5.6M3.2M2.2M
Non Current Assets Total62.2K161.9K327.9K302.1K461.3K541.9K
Cash And Short Term Investments162.7K11.7M8.2M5.6M6.4M6.8M
Net Receivables3.9K15.3K14.7K18.5K19.4K13.9K
Common Stock Shares Outstanding8.0M20.3M44.7M45.5M45.6M47.8M
Liabilities And Stockholders Equity232.0K11.9M8.6M5.9M6.8M7.2M
Other Stockholder Equity1.3M3.1M3.6M2.0M2.3M4.3M
Total Liab131.0K216.7K253.1K265.4K234.3K200.7K
Total Current Assets169.8K11.8M8.3M5.6M3.2M2.3M
Property Plant And Equipment Net1.2K100.9K266.9K241.1K400.3K570.3K
Accumulated Other Comprehensive Income1.3M3.1M3.6M2.0M2.3M1.4M
Net Tangible Assets(48.5K)277.5K11.9M8.5M9.8M10.3M
Common Stock13.7M24.7M25.1M26.6M30.6M32.1M
Property Plant Equipment1.2K100.9K266.9K241.1K217.0K206.1K
Other Current Assets3.2K41.8K53.8K28.3K32.5K23.7K
Net Invested Capital277.5K11.9M8.5M5.9M3.6M5.3M
Net Working Capital38.8K11.6M8.0M5.4M3.0M4.5M
Capital Stock13.7M24.7M25.1M26.6M30.6M23.8M

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Volcanic Gold Mines. 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Please note, there is a significant difference between Volcanic Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Volcanic Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Volcanic Gold'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.