CHAR Price To Sales Ratio vs Capex To Depreciation Analysis

YES Stock  CAD 0.30  0.01  3.45%   
CHAR Technologies financial indicator trend analysis is way more than just evaluating CHAR Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CHAR Technologies is a good investment. Please check the relationship between CHAR Technologies Price To Sales Ratio and its Capex To Depreciation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR 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 board of governors.

Price To Sales Ratio vs Capex To Depreciation

Price To Sales Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CHAR Technologies Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CHAR Technologies' Price To Sales Ratio and Capex To Depreciation is 0.53. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of CHAR Technologies, assuming nothing else is changed. The correlation between historical values of CHAR Technologies' Price To Sales Ratio and Capex To Depreciation 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 CHAR Technologies are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., CHAR Technologies' Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Price To Sales Ratio

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

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from CHAR Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CHAR 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR 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 board of governors.
Enterprise Value is likely to climb to about 45.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 131 K in 2024.

CHAR Technologies fundamental ratios Correlations

0.220.570.860.950.270.360.14-0.960.940.550.40.440.290.830.20.960.440.760.20.280.980.130.950.260.59
0.220.290.090.060.990.390.86-0.290.34-0.080.920.60.230.410.940.220.860.380.990.180.31-0.10.25-0.05-0.17
0.570.290.820.620.380.310.01-0.550.470.510.580.540.150.170.360.520.620.040.260.220.510.080.450.150.83
0.860.090.820.860.180.380.0-0.850.760.440.390.530.310.460.050.870.470.360.050.360.810.350.70.460.87
0.950.060.620.860.120.36-0.09-0.870.830.670.280.290.30.70.090.880.330.670.030.260.880.160.890.270.73
0.270.990.380.180.120.420.86-0.360.39-0.080.960.680.240.410.920.280.910.350.980.20.36-0.10.27-0.04-0.07
0.360.390.310.380.360.420.37-0.350.25-0.10.580.580.950.230.270.420.630.270.380.380.350.240.220.350.36
0.140.860.010.0-0.090.860.37-0.290.34-0.490.750.610.240.360.650.240.720.340.850.250.270.070.090.12-0.34
-0.96-0.29-0.55-0.85-0.87-0.36-0.35-0.29-0.98-0.38-0.46-0.5-0.24-0.82-0.21-0.98-0.5-0.71-0.27-0.19-0.98-0.16-0.87-0.28-0.53
0.940.340.470.760.830.390.250.34-0.980.380.440.410.140.880.260.950.460.790.310.150.960.140.890.250.39
0.55-0.080.510.440.67-0.08-0.1-0.49-0.380.380.02-0.14-0.150.430.180.34-0.020.39-0.08-0.080.46-0.280.69-0.240.48
0.40.920.580.390.280.960.580.75-0.460.440.020.780.380.380.870.40.970.310.910.290.45-0.040.340.040.2
0.440.60.540.530.290.680.580.61-0.50.41-0.140.780.480.250.480.50.860.150.630.570.510.080.280.190.36
0.290.230.150.310.30.240.950.24-0.240.14-0.150.380.480.140.090.370.460.240.210.460.270.40.150.50.32
0.830.410.170.460.70.410.230.36-0.820.880.430.380.250.140.380.780.350.950.410.060.88-0.090.910.010.06
0.20.940.360.050.090.920.270.65-0.210.260.180.870.480.090.380.110.770.340.950.080.25-0.320.3-0.27-0.12
0.960.220.520.870.880.280.420.24-0.980.950.340.40.50.370.780.110.460.710.190.320.970.30.850.430.57
0.440.860.620.470.330.910.630.72-0.50.46-0.020.970.860.460.350.770.460.280.850.340.480.050.330.150.31
0.760.380.040.360.670.350.270.34-0.710.790.390.310.150.240.950.340.710.280.370.170.790.060.850.150.01
0.20.990.260.050.030.980.380.85-0.270.31-0.080.910.630.210.410.950.190.850.370.180.3-0.210.25-0.15-0.2
0.280.180.220.360.260.20.380.25-0.190.15-0.080.290.570.460.060.080.320.340.170.180.280.460.210.490.28
0.980.310.510.810.880.360.350.27-0.980.960.460.450.510.270.880.250.970.480.790.30.280.110.940.240.48
0.13-0.10.080.350.16-0.10.240.07-0.160.14-0.28-0.040.080.4-0.09-0.320.30.050.06-0.210.460.11-0.020.990.31
0.950.250.450.70.890.270.220.09-0.870.890.690.340.280.150.910.30.850.330.850.250.210.94-0.020.090.41
0.26-0.050.150.460.27-0.040.350.12-0.280.25-0.240.040.190.50.01-0.270.430.150.15-0.150.490.240.990.090.39
0.59-0.170.830.870.73-0.070.36-0.34-0.530.390.480.20.360.320.06-0.120.570.310.01-0.20.280.480.310.410.39
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CHAR Technologies Account Relationship Matchups

CHAR Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4M10.3M9.9M18.9M465.4K442.1K
Other Current Liab98.7K3.0M2.4M1.1M1.2M754.1K
Total Current Liabilities874.8K3.9M4.4M3.2M120.4K114.4K
Total Stockholder Equity1.3M5.5M4.7M6.9M303.4K288.2K
Property Plant And Equipment Net1.2M1.5M3.8M9.2M10.5M11.1M
Current Deferred Revenue525.0K506.9K596.1K598.3K688.0K550.8K
Net Debt172.4K(2.7M)426.4K1.7M2.0M2.1M
Retained Earnings(5.5M)(8.8M)(15.7M)(24.1M)(441.5K)(463.6K)
Accounts Payable209.6K333.5K807.6K1.4M50.7K48.2K
Cash129.1K3.0M460.5K2.1M347.4K330.0K
Non Current Assets Total2.7M6.1M7.7M10.6M12.2M12.8M
Cash And Short Term Investments129.1K3.0M460.5K6.1M7.0M7.4M
Net Receivables352.4K693.4K1.2M1.7M40.3K38.3K
Common Stock Shares Outstanding45.1M64.0M77.9M88.5M101.7M106.8M
Liabilities And Stockholders Equity3.4M10.3M9.9M18.9M21.7M22.8M
Non Current Liabilities Total1.2M880.3K834.5K8.7M10.0M10.5M
Other Current Assets62.2K283.4K229.5K196.2K225.7K224.5K
Total Liab2.1M4.8M5.3M11.9M162.0K153.9K
Total Current Assets658.4K4.2M2.2M8.3M396.5K376.6K
Accumulated Other Comprehensive Income511.1K2.6M5.1M7.0M8.1M8.5M
Short Term Debt41.6K50.7K662.5K126.9K41.6K39.5K
Intangible Assets799.9K672.9K3.9M3.3M786.3K40.5K
Net Tangible Assets(282.2K)952.9K770.3K260.7K234.6K222.9K
Property Plant Equipment1.1M1.5M3.8M23.2K26.7K25.4K
Other Liab1.5M905.2K622.4K610.1K549.1K716.7K
Inventory114.6K270.2K323.6K312.5K359.4K227.5K
Net Invested Capital1.5M5.8M5.5M9.4M10.8M11.4M
Net Working Capital(216.5K)350.0K(2.2M)5.0M5.8M6.1M

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Additional Tools for CHAR Stock Analysis

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