Fisker Price to Sales Ratio vs Operating Income Analysis

FSR Stock  USD 0.02  0.0002  0.98%   
Fisker financial indicator trend analysis is much more than just examining Fisker Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fisker Inc is a good investment. Please check the relationship between Fisker Price To Sales Ratio and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fisker Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Price To Sales Ratio vs Operating Income

Price to Sales Ratio vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fisker Inc Price to Sales Ratio account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fisker's Price to Sales Ratio and Operating Income is 0.88. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Operating Income in the same time period over historical financial statements of Fisker Inc, assuming nothing else is changed. The correlation between historical values of Fisker's Price to Sales Ratio and Operating Income 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 Fisker Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Price to Sales Ratio i.e., Fisker's Price to Sales Ratio and Operating Income go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Price To Sales Ratio

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

Operating Income

Operating Income is the amount of profit realized from Fisker Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fisker Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Fisker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fisker Inc 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 Fisker Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, Fisker's Selling General Administrative is relatively stable compared to the past year. As of 03/29/2024, Tax Provision is likely to grow to about 2.5 M, while Enterprise Value Multiple is likely to drop (3.81).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization3.3M22.0M25.3M26.6M
Interest Income627K16.9M25.6M26.8M

Fisker fundamental ratios Correlations

0.780.770.520.280.820.23-0.870.730.750.4-0.180.750.260.830.910.730.870.820.910.870.78-0.640.790.830.76
0.781.00.080.040.550.7-0.940.980.450.41-0.240.450.490.970.890.990.850.990.660.580.99-0.650.990.971.0
0.771.00.070.050.550.72-0.910.990.440.39-0.230.440.470.970.881.00.840.990.660.581.0-0.640.980.971.0
0.520.080.070.770.85-0.64-0.30.030.9-0.43-0.470.9-0.570.160.530.010.580.140.770.830.1-0.620.130.170.07
0.280.040.050.770.74-0.5-0.070.060.58-0.47-0.330.58-0.820.020.350.040.40.030.520.560.05-0.460.040.020.04
0.820.550.550.850.74-0.16-0.660.530.93-0.15-0.490.93-0.290.60.860.510.880.590.960.960.57-0.820.570.610.55
0.230.70.72-0.64-0.5-0.16-0.480.75-0.290.590.16-0.280.760.640.310.760.240.67-0.01-0.120.7-0.060.650.640.72
-0.87-0.94-0.91-0.3-0.07-0.66-0.48-0.86-0.63-0.350.36-0.63-0.46-0.93-0.94-0.88-0.91-0.93-0.79-0.73-0.910.74-0.97-0.93-0.92
0.730.980.990.030.060.530.75-0.860.40.37-0.210.40.460.970.850.990.810.980.640.560.99-0.620.940.970.98
0.750.450.440.90.580.93-0.29-0.630.4-0.24-0.511.0-0.240.550.810.380.830.520.930.970.47-0.790.480.550.43
0.40.410.39-0.43-0.47-0.150.59-0.350.37-0.240.63-0.240.680.360.150.40.020.37-0.02-0.090.360.320.410.350.41
-0.18-0.24-0.23-0.47-0.33-0.490.160.36-0.21-0.510.63-0.510.13-0.26-0.43-0.2-0.55-0.26-0.49-0.5-0.240.84-0.27-0.27-0.23
0.750.450.440.90.580.93-0.28-0.630.41.0-0.24-0.51-0.240.550.810.380.830.520.930.970.47-0.790.480.550.43
0.260.490.47-0.57-0.82-0.290.76-0.460.46-0.240.680.13-0.240.50.190.480.120.5-0.03-0.110.470.030.480.50.48
0.830.970.970.160.020.60.64-0.930.970.550.36-0.260.550.50.920.960.881.00.740.680.99-0.680.961.00.97
0.910.890.880.530.350.860.31-0.940.850.810.15-0.430.810.190.920.850.990.910.930.890.89-0.840.90.920.88
0.730.991.00.010.040.510.76-0.880.990.380.4-0.20.380.480.960.850.80.980.610.530.99-0.60.970.960.99
0.870.850.840.580.40.880.24-0.910.810.830.02-0.550.830.120.880.990.80.870.940.910.85-0.910.860.880.84
0.820.990.990.140.030.590.67-0.930.980.520.37-0.260.520.51.00.910.980.870.720.651.0-0.670.971.00.98
0.910.660.660.770.520.96-0.01-0.790.640.93-0.02-0.490.93-0.030.740.930.610.940.720.990.69-0.850.680.750.65
0.870.580.580.830.560.96-0.12-0.730.560.97-0.09-0.50.97-0.110.680.890.530.910.650.990.61-0.830.610.680.57
0.780.991.00.10.050.570.7-0.910.990.470.36-0.240.470.470.990.890.990.851.00.690.61-0.660.960.990.99
-0.64-0.65-0.64-0.62-0.46-0.82-0.060.74-0.62-0.790.320.84-0.790.03-0.68-0.84-0.6-0.91-0.67-0.85-0.83-0.66-0.67-0.69-0.64
0.790.990.980.130.040.570.65-0.970.940.480.41-0.270.480.480.960.90.970.860.970.680.610.96-0.670.960.99
0.830.970.970.170.020.610.64-0.930.970.550.35-0.270.550.51.00.920.960.881.00.750.680.99-0.690.960.97
0.761.01.00.070.040.550.72-0.920.980.430.41-0.230.430.480.970.880.990.840.980.650.570.99-0.640.990.97
Click cells to compare fundamentals

Fisker Account Relationship Matchups

Fisker fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1M1.1B1.6B1.5B2.0B1.2B
Other Current Liab928K(1K)79.6M264.9M400.9M420.9M
Total Current Liabilities3.5M13.2M112.3M330.9M599.0M628.9M
Total Stockholder Equity(6.1M)1.0B800.0M480.5M79.9M75.9M
Other Liab946K141.6M6.3M15.3M17.6M16.8M
Net Tangible Assets(17.1M)849.1M568.5M480.5M552.6M412.4M
Net Debt2.3M(988.6M)(523.6M)(40.8M)911.8M957.4M
Retained Earnings(17.9M)(72.5M)(619.2M)(1.2B)(1.1B)(997.6M)
Accounts Payable2.1M5.2M28.1M58.9M165.3M173.6M
Cash1.9M991.2M1.2B736.5M395.9M610.4M
Non Current Assets Total200K62.9M360.1M684.0M914.1M472.4M
Non Currrent Assets Other(565.2M)1.3M24.6M16.5M248.0M260.4M
Cash And Short Term Investments1.9M991.2M1.2B739.7M397.2M611.2M
Liabilities And Stockholders Equity2.1M1.1B1.6B1.5B2.0B1.2B
Non Current Liabilities Total4.7M5.4M680.6M704.0M1.3B1.4B
Capital Surpluse756.5K1.1B1.4B1.7B1.9B2.0B
Other Current Assets273.8K(1K)13.2M63.8M135.6M142.4M
Other Stockholder Equity756K1.1B1.4B1.6B1.9B2.0B
Total Liab8.2M18.7M792.9M1.0B1.9B2.0B
Total Current Assets1.9M1.0B1.2B831.5M1.1B762.7M
Cash And Equivalents1.9M991.2M1.2B736.5M847.0M646.3M
Short Term Debt394K655K4.6M7.1M15.0M15.8M
Property Plant Equipment200K3.5M103.9M387.1M445.2M467.5M

Fisker Investors Sentiment

The influence of Fisker's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fisker. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Fisker's public news can be used to forecast risks associated with an investment in Fisker. The trend in average sentiment can be used to explain how an investor holding Fisker can time the market purely based on public headlines and social activities around Fisker Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Fisker's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fisker's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Fisker's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fisker.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fisker in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fisker's short interest history, or implied volatility extrapolated from Fisker options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Fisker Inc is a strong investment it is important to analyze Fisker's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fisker's future performance. For an informed investment choice regarding Fisker Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fisker Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Fisker Stock analysis

When running Fisker's price analysis, check to measure Fisker'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 Fisker is operating at the current time. Most of Fisker's value examination focuses on studying past and present price action to predict the probability of Fisker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fisker's price. Additionally, you may evaluate how the addition of Fisker to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Is Fisker's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fisker. If investors know Fisker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fisker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.22)
Revenue Per Share
0.793
Quarterly Revenue Growth
652.824
Return On Assets
(0.15)
Return On Equity
(2.72)
The market value of Fisker Inc is measured differently than its book value, which is the value of Fisker that is recorded on the company's balance sheet. Investors also form their own opinion of Fisker's value that differs from its market value or its book value, called intrinsic value, which is Fisker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fisker's market value can be influenced by many factors that don't directly affect Fisker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fisker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fisker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fisker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.