Northstar Price To Sales Ratio vs Days Sales Outstanding Analysis

ROOF Stock   0.21  0.01  4.55%   
Northstar Clean financial indicator trend analysis is infinitely more than just investigating Northstar Clean Tech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northstar Clean Tech is a good investment. Please check the relationship between Northstar Clean Price To Sales Ratio and its Days Sales Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Northstar Clean 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 census.

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northstar Clean Tech Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have totally related.
The correlation between Northstar Clean's Price To Sales Ratio and Days Sales Outstanding is 1.0. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Northstar Clean Technologies, assuming nothing else is changed. The correlation between historical values of Northstar Clean's Price To Sales Ratio 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 Price To Sales Ratio of Northstar Clean Technologies 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 Price To Sales Ratio i.e., Northstar Clean's Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Price To Sales Ratio

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

Days Sales Outstanding

Most indicators from Northstar Clean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northstar Clean Tech 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Northstar Clean 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 census.
Selling General Administrative is likely to drop to about 4.3 M in 2024. Tax Provision is likely to drop to about (274.9 K) in 2024
 2021 2022 2023 2024 (projected)
Reconciled Depreciation462.0K1.1M1.1M820.0K
Total Operating Expenses6.8M8.1M6.6M7.7M

Northstar Clean fundamental ratios Correlations

-0.060.80.97-0.840.90.960.970.850.820.860.980.830.16-0.850.95-0.850.960.930.940.860.85-0.66-0.66
-0.06-0.590.040.010.06-0.070.010.36-0.160.2-0.030.28-0.9-0.010.120.38-0.13-0.15-0.280.350.4-0.23-0.23
0.8-0.590.67-0.570.550.840.680.440.620.550.720.480.71-0.580.6-0.790.870.720.930.40.44-0.42-0.42
0.970.040.67-0.910.970.881.00.890.890.91.00.87-0.02-0.930.99-0.870.870.970.840.940.89-0.69-0.69
-0.840.01-0.57-0.91-0.94-0.69-0.92-0.89-0.98-0.94-0.9-0.920.111.0-0.920.91-0.68-0.95-0.66-0.89-0.850.830.83
0.90.060.550.97-0.940.750.980.870.940.880.970.85-0.14-0.950.98-0.880.740.970.70.950.85-0.66-0.66
0.96-0.070.840.88-0.690.750.870.770.650.770.890.740.28-0.70.84-0.721.00.810.980.740.8-0.6-0.6
0.970.010.681.0-0.920.980.870.880.910.91.00.870.0-0.930.99-0.890.860.980.830.940.88-0.68-0.68
0.850.360.440.89-0.890.870.770.880.790.980.870.99-0.31-0.90.91-0.690.740.820.660.950.99-0.9-0.9
0.82-0.160.620.89-0.980.940.650.910.790.870.90.830.0-0.980.89-0.960.660.960.660.830.75-0.72-0.72
0.860.20.550.9-0.940.880.770.90.980.870.881.0-0.18-0.950.9-0.780.760.860.70.910.96-0.93-0.93
0.98-0.030.721.0-0.90.970.891.00.870.90.880.850.04-0.920.99-0.890.880.980.860.920.86-0.66-0.66
0.830.280.480.87-0.920.850.740.870.990.831.00.85-0.25-0.920.88-0.730.720.820.660.910.97-0.95-0.95
0.16-0.90.71-0.020.11-0.140.280.0-0.310.0-0.180.04-0.250.11-0.12-0.260.330.090.46-0.35-0.310.210.21
-0.85-0.01-0.58-0.931.0-0.95-0.7-0.93-0.9-0.98-0.95-0.92-0.920.11-0.930.91-0.7-0.95-0.68-0.9-0.860.820.82
0.950.120.60.99-0.920.980.840.990.910.890.90.990.88-0.12-0.93-0.850.820.960.780.970.9-0.69-0.69
-0.850.38-0.79-0.870.91-0.88-0.72-0.89-0.69-0.96-0.78-0.89-0.73-0.260.91-0.85-0.74-0.96-0.77-0.72-0.640.620.62
0.96-0.130.870.87-0.680.741.00.860.740.660.760.880.720.33-0.70.82-0.740.810.990.710.77-0.59-0.59
0.93-0.150.720.97-0.950.970.810.980.820.960.860.980.820.09-0.950.96-0.960.810.810.870.79-0.66-0.66
0.94-0.280.930.84-0.660.70.980.830.660.660.70.860.660.46-0.680.78-0.770.990.810.630.68-0.53-0.53
0.860.350.40.94-0.890.950.740.940.950.830.910.920.91-0.35-0.90.97-0.720.710.870.630.95-0.73-0.73
0.850.40.440.89-0.850.850.80.880.990.750.960.860.97-0.31-0.860.9-0.640.770.790.680.95-0.87-0.87
-0.66-0.23-0.42-0.690.83-0.66-0.6-0.68-0.9-0.72-0.93-0.66-0.950.210.82-0.690.62-0.59-0.66-0.53-0.73-0.871.0
-0.66-0.23-0.42-0.690.83-0.66-0.6-0.68-0.9-0.72-0.93-0.66-0.950.210.82-0.690.62-0.59-0.66-0.53-0.73-0.871.0
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Northstar Clean Account Relationship Matchups

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Additional Tools for Northstar Stock Analysis

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