SME Stock | | | CAD 0.12 0.00 0.00% |
Sama Resources financial indicator trend analysis is much more than just breaking down Sama Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sama Resources is a good investment. Please check the relationship between Sama Resources Ptb Ratio and its Days Sales Outstanding accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sama Resources. 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.
Ptb Ratio vs Days Sales Outstanding
Ptb Ratio vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sama Resources Ptb Ratio account and
Days Sales Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sama Resources' Ptb Ratio and Days Sales Outstanding is 0.39. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Sama Resources, assuming nothing else is changed. The correlation between historical values of Sama Resources' Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Sama Resources are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Sama Resources' Ptb Ratio and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Days Sales Outstanding
Most indicators from Sama Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sama Resources 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 Sama Resources. 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.
Selling General Administrative is likely to drop to about 1.7
M in 2024.
Tax Provision is likely to climb to about (269.9
K) in 2024
Sama Resources fundamental ratios Correlations
Click cells to compare fundamentals
Sama Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sama Resources fundamental ratios Accounts
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Additional Tools for Sama Stock Analysis
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measure Sama Resources' 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 Sama Resources is operating at the current time. Most of Sama Resources' value examination focuses on studying past and present price action to
predict the probability of Sama Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sama Resources' price. Additionally, you may evaluate how the addition of Sama Resources to your portfolios can decrease your overall portfolio volatility.