Helius Price to Sales Ratio vs Free Cash Flow per Share Analysis

HSDT Stock  USD 5.18  0.14  2.63%   
Helius Medical financial indicator trend analysis is much more than just examining Helius Medical Techn latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Helius Medical Techn is a good investment. Please check the relationship between Helius Medical Price To Sales Ratio and its Free Cash Flow Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helius Medical Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Price To Sales Ratio vs Free Cash Flow Per Share

Price to Sales Ratio vs Free Cash Flow per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Helius Medical Techn Price to Sales Ratio account and Free Cash Flow per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Helius Medical's Price to Sales Ratio and Free Cash Flow per Share is -0.27. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Free Cash Flow per Share in the same time period over historical financial statements of Helius Medical Technologies, assuming nothing else is changed. The correlation between historical values of Helius Medical's Price to Sales Ratio and Free Cash Flow per Share 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 Helius Medical Technologies are associated (or correlated) with its Free Cash Flow per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow per Share has no effect on the direction of Price to Sales Ratio i.e., Helius Medical's Price to Sales Ratio and Free Cash Flow per Share go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

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

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Helius Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Helius Medical Techn 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helius Medical Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At this time, Helius Medical's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.02 in 2024, despite the fact that Enterprise Value is likely to grow to (225.7 K).

Helius Medical fundamental ratios Correlations

-0.19-0.14-0.15-0.180.170.30.21-0.18-0.190.240.26-0.14-0.23-0.170.150.24-0.09-0.07-0.020.060.360.12-0.09-0.32-0.31
-0.190.620.740.7-0.98-0.680.350.990.99-0.180.590.770.710.990.53-0.180.610.130.450.42-0.72-0.090.330.690.71
-0.140.620.02-0.04-0.68-0.130.810.660.660.47-0.010.90.390.640.710.470.98-0.330.20.42-0.240.160.170.060.05
-0.150.740.020.89-0.69-0.62-0.230.70.69-0.70.580.140.450.710.17-0.70.040.140.240.03-0.63-0.04-0.010.740.79
-0.180.7-0.040.89-0.62-0.79-0.320.650.65-0.70.690.190.60.670.09-0.7-0.020.510.550.2-0.72-0.470.120.890.86
0.17-0.98-0.68-0.69-0.620.55-0.36-1.0-1.00.14-0.51-0.79-0.59-0.99-0.620.14-0.7-0.07-0.35-0.310.6-0.01-0.36-0.56-0.6
0.3-0.68-0.13-0.62-0.790.55-0.01-0.59-0.590.27-0.77-0.41-0.92-0.640.130.27-0.03-0.55-0.81-0.640.960.52-0.33-0.96-0.94
0.210.350.81-0.23-0.32-0.36-0.010.350.350.80.060.730.360.350.520.80.72-0.420.20.57-0.130.250.09-0.13-0.11
-0.180.990.660.70.65-1.0-0.590.351.0-0.160.530.790.621.00.6-0.160.680.110.370.33-0.63-0.070.360.590.62
-0.190.990.660.690.65-1.0-0.590.351.0-0.160.530.80.621.00.6-0.160.680.110.370.33-0.62-0.070.360.590.61
0.24-0.180.47-0.7-0.70.140.270.8-0.16-0.16-0.170.390.04-0.150.151.00.37-0.30.030.370.210.20.16-0.48-0.47
0.260.59-0.010.580.69-0.51-0.770.060.530.53-0.170.320.680.580.05-0.17-0.050.540.720.52-0.7-0.290.440.710.77
-0.140.770.90.140.19-0.79-0.410.730.790.80.390.320.630.80.620.390.860.050.430.58-0.47-0.090.490.310.29
-0.230.710.390.450.6-0.59-0.920.360.620.620.040.680.630.680.070.040.270.360.80.78-0.91-0.440.280.850.8
-0.170.990.640.710.67-0.99-0.640.351.01.0-0.150.580.80.680.57-0.150.650.150.430.39-0.67-0.090.380.640.66
0.150.530.710.170.09-0.620.130.520.60.60.150.050.620.070.570.150.8-0.3-0.02-0.050.050.20.0-0.08-0.09
0.24-0.180.47-0.7-0.70.140.270.8-0.16-0.161.0-0.170.390.04-0.150.150.37-0.30.030.370.210.20.17-0.48-0.47
-0.090.610.980.04-0.02-0.7-0.030.720.680.680.37-0.050.860.270.650.80.37-0.320.110.27-0.130.170.160.0-0.01
-0.070.13-0.330.140.51-0.07-0.55-0.420.110.11-0.30.540.050.360.15-0.3-0.3-0.320.570.29-0.33-0.780.610.50.43
-0.020.450.20.240.55-0.35-0.810.20.370.370.030.720.430.80.43-0.020.030.110.570.8-0.73-0.60.30.720.69
0.060.420.420.030.2-0.31-0.640.570.330.330.370.520.580.780.39-0.050.370.270.290.8-0.61-0.330.340.490.48
0.36-0.72-0.24-0.63-0.720.60.96-0.13-0.63-0.620.21-0.7-0.47-0.91-0.670.050.21-0.13-0.33-0.73-0.610.36-0.22-0.93-0.92
0.12-0.090.16-0.04-0.47-0.010.520.25-0.07-0.070.2-0.29-0.09-0.44-0.090.20.20.17-0.78-0.6-0.330.36-0.16-0.52-0.3
-0.090.330.17-0.010.12-0.36-0.330.090.360.360.160.440.490.280.380.00.170.160.610.30.34-0.22-0.160.170.24
-0.320.690.060.740.89-0.56-0.96-0.130.590.59-0.480.710.310.850.64-0.08-0.480.00.50.720.49-0.93-0.520.170.95
-0.310.710.050.790.86-0.6-0.94-0.110.620.61-0.470.770.290.80.66-0.09-0.47-0.010.430.690.48-0.92-0.30.240.95
Click cells to compare fundamentals

Helius Medical Account Relationship Matchups

Helius Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding15.1K24.0K49.1K269.9K607.9K577.5K
Total Assets10.3M6.5M14.1M17.3M7.7M9.9M
Total Current Liabilities3.8M2.4M2.7M2.0M1.9M1.8M
Total Stockholder Equity5.8M3.9M11.3M8.2M2.4M2.9M
Net Tangible Assets4.0M3.9M10.2M8.0M9.2M9.7M
Net Debt(4.8M)(3.2M)(11.0M)(14.4M)(5.1M)(5.4M)
Retained Earnings(104.8M)(118.9M)(137.0M)(151.1M)(160.0M)(152.0M)
Accounts Payable1.7M747K1.1M627K531K504.5K
Cash5.5M3.3M11.0M14.5M5.2M7.6M
Cash And Short Term Investments5.5M3.3M11.0M14.5M5.2M7.7M
Common Stock Total Equity52.2M26K31K1K900.0855.0
Liabilities And Stockholders Equity10.3M6.5M14.1M17.3M7.7M9.9M
Other Current Assets610K735K862K1.2M1.0M777.2K
Total Liab4.5M2.7M2.8M9.1M5.3M7.1M
Total Current Assets7.2M4.7M12.6M16.7M7.3M9.1M
Short Term Debt172K59K3K54K45K42.8K
Common Stock26K31K1K4K28K950.0
Other Current Liab1.5M1.3M1.4M1.3M1.3M1.2M
Net Receivables574K230K251K343K637K401.2K
Non Current Liabilities Total710K252K193K7.1M3.5M2.6M
Capital Surpluse6.6M105.4M111.5M123.9M142.5M149.6M
Other Stockholder Equity111.5M123.9M149.4M159.6M163.0M91.3M
Accumulated Other Comprehensive Income(902K)(1.1M)(1.1M)(388K)(673K)(706.7K)
Non Current Assets Total3.1M1.9M1.5M590K394K374.3K
Property Plant And Equipment Net1.3M576K412K450K230K418.2K
Net Invested Capital5.8M3.9M11.3M8.2M2.4M2.2M
Property Plant And Equipment Gross1.3M576K412K450K589K631.4K
Net Working Capital3.4M2.3M9.9M14.7M5.6M5.8M
Property Plant Equipment1.3M486K412K450K517.5K612.2K
Inventory598K389K476K589K457K531.9K
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 Helius Medical 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, Helius Medical's short interest history, or implied volatility extrapolated from Helius Medical options trading.

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When determining whether Helius Medical Techn is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Helius Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Helius Medical Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Helius Medical Technologies Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helius Medical Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Helius Medical Techn information on this page should be used as a complementary analysis to other Helius Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Helius Medical's price analysis, check to measure Helius Medical'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 Helius Medical is operating at the current time. Most of Helius Medical's value examination focuses on studying past and present price action to predict the probability of Helius Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helius Medical's price. Additionally, you may evaluate how the addition of Helius Medical to your portfolios can decrease your overall portfolio volatility.
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Is Helius Medical'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 Helius Medical. If investors know Helius 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 Helius Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(14.56)
Revenue Per Share
1.059
Quarterly Revenue Growth
(0.53)
Return On Assets
(0.61)
Return On Equity
(1.69)
The market value of Helius Medical Techn is measured differently than its book value, which is the value of Helius that is recorded on the company's balance sheet. Investors also form their own opinion of Helius Medical's value that differs from its market value or its book value, called intrinsic value, which is Helius Medical'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 Helius Medical's market value can be influenced by many factors that don't directly affect Helius Medical'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 Helius Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helius Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helius Medical'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.