Secure Days Sales Outstanding vs Price To Sales Ratio Analysis
SES Stock | CAD 12.11 0.18 1.51% |
Secure Energy financial indicator trend analysis is much more than just breaking down Secure Energy Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Secure Energy Services is a good investment. Please check the relationship between Secure Energy Days Sales Outstanding and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Secure Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Days Sales Outstanding vs Price To Sales Ratio
Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Secure Energy Services Days Sales Outstanding account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Secure Energy's Days Sales Outstanding and Price To Sales Ratio is 0.97. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Secure Energy Services, assuming nothing else is changed. The correlation between historical values of Secure Energy's Days Sales Outstanding and Price To Sales Ratio 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 Secure Energy Services are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Days Sales Outstanding i.e., Secure Energy's Days Sales Outstanding and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Days Sales Outstanding
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Secure Energy Services stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Secure Energy sales, a figure that is much harder to manipulate than other Secure Energy Services 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.Most indicators from Secure Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Secure Energy Services 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 Secure Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Secure Energy's Tax Provision is very stable compared to the past year. As of the 29th of June 2024, Enterprise Value Over EBITDA is likely to grow to 7.33, while Selling General Administrative is likely to drop about 75.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 50M | 84M | 82M | 86.1M | Depreciation And Amortization | 203M | 227M | 261.1M | 274.1M |
Secure Energy fundamental ratios Correlations
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Secure Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Secure Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 1.4B | 2.9B | 2.8B | 2.8B | 1.5B | |
Short Long Term Debt Total | 502.7M | 434.4M | 1.3B | 1.0B | 1.2B | 1.2B | |
Other Current Liab | 3.0M | 3.1M | 3.3M | 27M | 53M | 55.7M | |
Total Current Liabilities | 210.3M | 157.4M | 333M | 459M | 472M | 495.6M | |
Total Stockholder Equity | 779.7M | 683.7M | 1.1B | 1.3B | 1.2B | 760.9M | |
Property Plant And Equipment Net | 1.3B | 1.2B | 1.7B | 1.6B | 1.3B | 952.9M | |
Net Debt | 493.9M | 427.6M | 1.3B | 1.0B | 954M | 1.0B | |
Retained Earnings | (326.6M) | (429.2M) | (636M) | (490M) | (412M) | (391.4M) | |
Cash | 8.9M | 6.8M | 10M | 12M | 10.8M | 7.5M | |
Non Current Assets Total | 1.3B | 1.2B | 2.5B | 2.3B | 1.7B | 1.2B | |
Non Currrent Assets Other | 1.3B | 1.3B | 8M | 16M | 27M | 25.7M | |
Cash And Short Term Investments | 8.9M | 6.8M | 10M | 12M | 10.8M | 7.3M | |
Net Receivables | 228.5M | 143.9M | 345M | 449M | 357M | 216.3M | |
Common Stock Shares Outstanding | 161.8M | 158.6M | 234.2M | 313.2M | 287.6M | 159.3M | |
Liabilities And Stockholders Equity | 1.6B | 1.4B | 2.9B | 2.8B | 3.3B | 3.4B | |
Non Current Liabilities Total | 624.7M | 553.7M | 1.5B | 1.1B | 1.2B | 1.2B | |
Inventory | 70.1M | 65.2M | 48.2M | 100M | 144M | 151.2M | |
Other Current Assets | 12.0M | 8.8M | 11M | 15M | 14M | 8.2M | |
Other Stockholder Equity | 61.6M | 50.5M | 48M | 50M | 45M | 59.8M | |
Total Liab | 835.0M | 711.1M | 1.8B | 1.6B | 1.7B | 1.7B | |
Property Plant And Equipment Gross | 1.3B | 1.2B | 2.9B | 2.9B | 3.0B | 3.1B | |
Total Current Assets | 314.5M | 207.7M | 466M | 576M | 1.2B | 1.2B | |
Accumulated Other Comprehensive Income | 26.7M | 23.9M | 24M | 30M | 34.5M | 36.2M | |
Short Term Debt | 18.0M | 10.2M | 27M | 28M | 32.2M | 33.8M | |
Intangible Assets | 39.7M | 18.0M | 180M | 163M | 68M | 72.5M | |
Accounts Payable | 189.2M | 143.9M | 279M | 404M | 374M | 217.5M | |
Common Stock Total Equity | 1.1B | 1.0B | 1.0B | 1.0B | 1.2B | 933.2M | |
Common Stock | 1.0B | 1.0B | 1.7B | 1.7B | 1.9B | 1.1B | |
Other Liab | 140.0M | 129.5M | 209M | 112M | 128.8M | 140.9M | |
Net Tangible Assets | 728.9M | 654.6M | 577M | 752M | 864.8M | 759.2M | |
Long Term Debt | 453.4M | 399.1M | 1.2B | 919M | 966M | 568.2M | |
Property Plant Equipment | 1.3B | 1.2B | 1.7B | 1.6B | 1.8B | 1.3B | |
Long Term Debt Total | 484.7M | 424.1M | 1.3B | 1.0B | 1.2B | 605.9M | |
Capital Lease Obligations | 49.3M | 35.3M | 109M | 112M | 136M | 142.8M | |
Net Invested Capital | 1.2B | 1.1B | 2.3B | 2.2B | 2.2B | 1.8B | |
Net Working Capital | 104.2M | 50.3M | 133M | 117M | 718M | 753.9M |
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Balance Sheet is a snapshot of the financial position of Secure Energy Services at a specified time, usually calculated after every quarter, six months, or one year. Secure Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Secure Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Secure currently owns. An asset can also be divided into two categories, current and non-current.