Hapbee Days Sales Outstanding vs Ev To Sales Analysis

HAPB Stock  CAD 0.1  0.03  20.83%   
Hapbee Technologies financial indicator trend analysis is much more than just examining Hapbee Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hapbee Technologies is a good investment. Please check the relationship between Hapbee Technologies Days Sales Outstanding and its Ev To Sales accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hapbee Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Days Sales Outstanding vs Ev To Sales

Days Sales Outstanding vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hapbee Technologies Days Sales Outstanding account and Ev To Sales. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hapbee Technologies' Days Sales Outstanding and Ev To Sales is 0.93. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Hapbee Technologies, assuming nothing else is changed. The correlation between historical values of Hapbee Technologies' Days Sales Outstanding and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Hapbee Technologies are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Sales Outstanding i.e., Hapbee Technologies' Days Sales Outstanding and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Days Sales Outstanding

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 indicators from Hapbee Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hapbee Technologies 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 Hapbee Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Hapbee Technologies' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 4.76 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 514.8 K in 2024.

Hapbee Technologies fundamental ratios Correlations

-0.560.20.06-0.45-0.77-0.380.330.960.740.670.96-0.120.650.67-0.070.980.480.690.740.450.060.540.120.060.23
-0.56-0.870.750.96-0.030.97-0.92-0.33-0.870.03-0.34-0.69-0.970.030.85-0.43-0.980.15-0.87-0.960.56-0.88-0.660.56-0.87
0.2-0.87-0.86-0.940.35-0.950.94-0.030.66-0.45-0.020.910.84-0.45-0.940.080.94-0.510.660.95-0.570.880.68-0.571.0
0.060.75-0.860.81-0.670.86-0.740.31-0.50.60.29-0.91-0.70.60.970.22-0.770.71-0.5-0.770.88-0.67-0.520.88-0.82
-0.450.96-0.940.81-0.160.99-0.95-0.19-0.870.26-0.2-0.76-0.930.260.91-0.3-0.980.32-0.87-0.970.62-0.95-0.720.62-0.95
-0.77-0.030.35-0.67-0.16-0.240.17-0.9-0.21-0.88-0.890.62-0.06-0.88-0.54-0.860.1-0.95-0.210.1-0.660.020.2-0.660.3
-0.380.97-0.950.860.99-0.24-0.95-0.12-0.820.28-0.14-0.81-0.920.280.95-0.23-0.980.37-0.82-0.970.66-0.9-0.710.66-0.95
0.33-0.920.94-0.74-0.950.17-0.950.090.77-0.250.10.760.83-0.25-0.890.210.96-0.360.770.95-0.450.850.86-0.450.95
0.96-0.33-0.030.31-0.19-0.9-0.120.090.510.81.0-0.310.450.80.20.990.240.860.510.230.290.32-0.130.290.0
0.74-0.870.66-0.5-0.87-0.21-0.820.770.510.080.520.340.840.08-0.640.590.820.051.00.78-0.460.870.64-0.460.68
0.670.03-0.450.60.26-0.880.28-0.250.80.080.8-0.60.031.00.520.77-0.160.950.08-0.160.54-0.24-0.30.54-0.43
0.96-0.34-0.020.29-0.2-0.89-0.140.11.00.520.8-0.30.460.80.180.990.250.850.520.240.270.33-0.120.270.01
-0.12-0.690.91-0.91-0.760.62-0.810.76-0.310.34-0.6-0.30.67-0.6-0.9-0.220.78-0.690.340.81-0.640.660.48-0.640.89
0.65-0.970.84-0.7-0.93-0.06-0.920.830.450.840.030.460.670.03-0.780.540.95-0.040.840.95-0.520.90.47-0.520.84
0.670.03-0.450.60.26-0.880.28-0.250.80.081.00.8-0.60.030.520.77-0.160.950.08-0.160.54-0.24-0.30.54-0.43
-0.070.85-0.940.970.91-0.540.95-0.890.2-0.640.520.18-0.9-0.780.520.09-0.890.64-0.64-0.880.78-0.78-0.70.78-0.92
0.98-0.430.080.22-0.3-0.86-0.230.210.990.590.770.99-0.220.540.770.090.350.80.590.340.230.41-0.020.230.11
0.48-0.980.94-0.77-0.980.1-0.980.960.240.82-0.160.250.780.95-0.16-0.890.35-0.250.821.0-0.520.910.7-0.520.95
0.690.15-0.510.710.32-0.950.37-0.360.860.050.950.85-0.69-0.040.950.640.8-0.250.05-0.250.61-0.21-0.420.61-0.48
0.74-0.870.66-0.5-0.87-0.21-0.820.770.511.00.080.520.340.840.08-0.640.590.820.050.78-0.460.870.64-0.460.68
0.45-0.960.95-0.77-0.970.1-0.970.950.230.78-0.160.240.810.95-0.16-0.880.341.0-0.250.78-0.490.90.66-0.490.96
0.060.56-0.570.880.62-0.660.66-0.450.29-0.460.540.27-0.64-0.520.540.780.23-0.520.61-0.46-0.49-0.5-0.291.0-0.52
0.54-0.880.88-0.67-0.950.02-0.90.850.320.87-0.240.330.660.9-0.24-0.780.410.91-0.210.870.9-0.50.59-0.50.9
0.12-0.660.68-0.52-0.720.2-0.710.86-0.130.64-0.3-0.120.480.47-0.3-0.7-0.020.7-0.420.640.66-0.290.59-0.290.72
0.060.56-0.570.880.62-0.660.66-0.450.29-0.460.540.27-0.64-0.520.540.780.23-0.520.61-0.46-0.491.0-0.5-0.29-0.52
0.23-0.871.0-0.82-0.950.3-0.950.950.00.68-0.430.010.890.84-0.43-0.920.110.95-0.480.680.96-0.520.90.72-0.52
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Hapbee Technologies Account Relationship Matchups

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