Eightco Historical Financial Ratios
| OCTO Stock | 0.52 0.02 3.70% |
Eightco Holdings is recently reporting on over 89 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Average Payables of 920.3 K will help investors to properly organize and evaluate Eightco Holdings financial condition quickly.
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About Eightco Financial Ratios Analysis
Eightco HoldingsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Eightco Holdings investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Eightco financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Eightco Holdings history.
Eightco Holdings Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Eightco Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Eightco Holdings sales, a figure that is much harder to manipulate than other Eightco Holdings 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.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.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.Most ratios from Eightco Holdings' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Eightco Holdings current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Eightco Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eightco Stock, please use our How to Invest in Eightco Holdings guide.At this time, Eightco Holdings' Capex To Operating Cash Flow is very stable compared to the past year. As of the 12th of June 2024, Income Quality is likely to grow to 0.1, while Price To Sales Ratio is likely to drop 0.02.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 44.87 | 13.63 | 26.54 | 25.21 | Days Of Inventory On Hand | 7.11 | 64.09 | 36.04 | 19.82 |
Eightco Holdings fundamentals Correlations
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Eightco Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Eightco Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eightco Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eightco Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eightco Holdings Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Eightco Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Eightco Stock, please use our How to Invest in Eightco Holdings guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eightco Holdings. If investors know Eightco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eightco Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 17.24 | Revenue Per Share 18.032 | Quarterly Revenue Growth (0.40) | Return On Assets (0.07) | Return On Equity (1.79) |
The market value of Eightco Holdings is measured differently than its book value, which is the value of Eightco that is recorded on the company's balance sheet. Investors also form their own opinion of Eightco Holdings' value that differs from its market value or its book value, called intrinsic value, which is Eightco Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eightco Holdings' market value can be influenced by many factors that don't directly affect Eightco Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eightco Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eightco Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eightco Holdings' 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.