Forsys Pb Ratio vs Price To Sales Ratio Analysis
FSY Stock | CAD 1.04 0.03 2.97% |
Forsys Metals financial indicator trend analysis is much more than just examining Forsys Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forsys Metals Corp is a good investment. Please check the relationship between Forsys Metals Pb Ratio and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forsys Metals Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Pb Ratio vs Price To Sales Ratio
Pb Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forsys Metals Corp Pb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Forsys Metals' Pb Ratio and Price To Sales Ratio is 0.61. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Forsys Metals Corp, assuming nothing else is changed. The correlation between historical values of Forsys Metals' Pb Ratio 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 Pb Ratio of Forsys Metals Corp 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 Pb Ratio i.e., Forsys Metals' Pb Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Pb Ratio
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Forsys Metals Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Forsys Metals sales, a figure that is much harder to manipulate than other Forsys Metals Corp 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 Forsys Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forsys Metals Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forsys Metals Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Forsys Metals' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 26th of May 2024, Enterprise Value is likely to grow to about 142.7 M, while Selling General Administrative is likely to drop about 3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 4.9K | 145.2K | 601.3K | 631.4K | Net Interest Income | 4.9K | 145.2K | 601.3K | 631.4K |
Forsys Metals fundamental ratios Correlations
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Forsys Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Forsys Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.8M | 14.2M | 24.9M | 27.3M | 24.3M | 48.2M | |
Total Current Liabilities | 102.6K | 142.8K | 78.8K | 2.2M | 2.0M | 2.2M | |
Total Stockholder Equity | 14.7M | 14.0M | 24.8M | 25.2M | 22.2M | 21.1M | |
Property Plant And Equipment Net | 11.4M | 10.7M | 9.9M | 10.3M | 11.4M | 10.8M | |
Net Debt | (712.7K) | (877.0K) | (12.6M) | (16.9M) | (15.2M) | (14.5M) | |
Retained Earnings | (179.7M) | (180.5M) | (184.3M) | (182.4M) | (182.1M) | (173.0M) | |
Accounts Payable | 102.6K | 142.8K | 78.8K | 102.7K | 125.4K | 119.2K | |
Cash | 712.7K | 877.0K | 12.6M | 16.9M | 12.4M | 6.3M | |
Non Current Assets Total | 14.1M | 13.3M | 12.3M | 10.3M | 11.4M | 10.8M | |
Cash And Short Term Investments | 712.7K | 877.0K | 12.6M | 16.9M | 15.2M | 16.0M | |
Net Receivables | 10.5K | 26.0K | 31.6K | 63.0K | 352.4K | 267.7K | |
Common Stock Shares Outstanding | 156.9M | 166.3M | 185.4M | 195.2M | 224.4M | 235.7M | |
Liabilities And Stockholders Equity | 14.8M | 14.2M | 24.9M | 27.3M | 31.4M | 49.0M | |
Other Current Assets | 17.4K | 20.5K | 17.4K | 58.3K | 152.8K | 123.8K | |
Other Stockholder Equity | (14.0M) | 45.2M | 45.8M | 53.1M | 61.0M | 42.3M | |
Total Liab | 102.6K | 142.8K | 78.8K | 2.2M | 2.0M | 2.2M | |
Property Plant And Equipment Gross | 15.6M | 12.0M | 11.4M | 10.7M | 12.3M | 11.7M | |
Total Current Assets | 740.6K | 923.5K | 12.6M | 17.0M | 12.9M | 9.1M | |
Accumulated Other Comprehensive Income | (16.2M) | (17.1M) | (18.2M) | (19.8M) | (17.8M) | (16.9M) | |
Net Tangible Assets | 15.6M | 14.7M | 14.0M | 24.8M | 22.3M | 39.1M | |
Property Plant Equipment | 11.4M | 10.7M | 9.9M | 10.3M | 9.3M | 8.8M | |
Cash And Equivalents | 712.7K | 877.0K | 12.6M | 16.9M | 19.5M | 20.4M | |
Net Invested Capital | 14.7M | 14.0M | 24.8M | 25.2M | 22.2M | 20.8M | |
Net Working Capital | 638.1K | 780.7K | 12.5M | 14.9M | 10.9M | 6.3M |
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When running Forsys Metals' price analysis, check to measure Forsys Metals' 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 Forsys Metals is operating at the current time. Most of Forsys Metals' value examination focuses on studying past and present price action to predict the probability of Forsys Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forsys Metals' price. Additionally, you may evaluate how the addition of Forsys Metals to your portfolios can decrease your overall portfolio volatility.
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