Ackroo Price To Sales Ratio vs Interest Coverage Analysis

AKR Stock

CAD 0.14 0.02 16.67%

Ackroo financial indicator trend analysis is way more than just evaluating Ackroo Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ackroo Inc is a good investment. Please check the relationship between Ackroo Price To Sales Ratio and its Interest Coverage accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ackroo Inc. 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 Interest Coverage

Price To Sales Ratio vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ackroo Inc Price To Sales Ratio account and Interest Coverage. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ackroo's Price To Sales Ratio and Interest Coverage is 0.76. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Ackroo Inc, assuming nothing else is changed. The correlation between historical values of Ackroo's Price To Sales Ratio and Interest Coverage 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 Ackroo Inc are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Price To Sales Ratio i.e., Ackroo's Price To Sales Ratio and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Price To Sales Ratio

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

Interest Coverage

Most indicators from Ackroo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ackroo 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ackroo Inc. 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.

At this time, Ackroo's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 14.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	6.0M	6.3M	7.0M	8.5M
Depreciation And Amortization	2.1M	1.7M	935.3K	741.5K

Total Revenue Depreciation And Amortization

Ackroo fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Current Deferred Revenue	Non Currrent Assets Other	Other Current Assets	Short Long Term Debt Total	Short Term Debt	Intangible Assets	Good Will	Other Liab
Total Assets		0.54	0.48	0.88	0.75	-0.42	0.62	0.11	0.94	0.11	0.33	0.81	0.81	-0.28	-0.08	0.9	0.23	0.13	-0.3	0.4	0.49	0.91	0.55	0.84	0.8	-0.28
Total Current Liabilities	0.54		-0.15	0.42	0.63	-0.28	0.72	-0.31	0.67	-0.31	-0.22	0.74	0.21	-0.26	-0.29	0.67	-0.33	0.58	-0.11	0.9	0.08	0.6	0.99	0.42	0.64	-0.47
Total Stockholder Equity	0.48	-0.15		0.19	-0.17	-0.26	-0.03	0.68	0.25	0.68	0.26	0.09	0.16	-0.15	0.47	0.04	0.66	-0.01	-0.45	-0.09	0.04	0.1	-0.09	0.43	0.12	0.36
Property Plant And Equipment Net	0.88	0.42	0.19		0.82	-0.39	0.5	-0.02	0.84	-0.02	0.4	0.72	0.92	-0.09	-0.09	0.91	0.15	-0.07	-0.15	0.31	0.72	0.94	0.42	0.71	0.71	-0.24
Net Debt	0.75	0.63	-0.17	0.82		-0.19	0.78	-0.52	0.89	-0.52	0.24	0.85	0.81	-0.15	-0.56	0.94	-0.36	0.05	-0.09	0.42	0.51	0.93	0.6	0.69	0.86	-0.63
Retained Earnings	-0.42	-0.28	-0.26	-0.39	-0.19		-0.32	-0.28	-0.35	-0.28	0.5	-0.39	-0.26	0.53	-0.6	-0.34	-0.21	-0.29	0.11	-0.19	-0.12	-0.34	-0.28	-0.3	-0.37	0.2
Accounts Payable	0.62	0.72	-0.03	0.5	0.78	-0.32		-0.49	0.8	-0.49	-0.14	0.85	0.46	-0.35	-0.43	0.72	-0.47	0.34	-0.21	0.56	0.14	0.69	0.7	0.66	0.9	-0.75
Cash	0.11	-0.31	0.68	-0.02	-0.52	-0.28	-0.49		-0.22	1.0	0.03	-0.36	-0.08	-0.1	0.79	-0.22	0.92	-0.02	-0.09	-0.23	0.01	-0.17	-0.25	-0.02	-0.36	0.58
Non Current Assets Total	0.94	0.67	0.25	0.84	0.89	-0.35	0.8	-0.22		-0.22	0.22	0.91	0.78	-0.29	-0.33	0.94	-0.13	0.15	-0.26	0.51	0.46	0.93	0.67	0.86	0.9	-0.51
Cash And Short Term Investments	0.11	-0.31	0.68	-0.02	-0.52	-0.28	-0.49	1.0	-0.22		0.03	-0.36	-0.08	-0.1	0.79	-0.22	0.92	-0.02	-0.09	-0.23	0.01	-0.17	-0.25	-0.02	-0.36	0.58
Net Receivables	0.33	-0.22	0.26	0.4	0.24	0.5	-0.14	0.03	0.22	0.03		0.12	0.48	0.48	-0.3	0.25	0.32	-0.3	-0.16	-0.14	0.33	0.3	-0.22	0.15	0.11	0.33
Common Stock Shares Outstanding	0.81	0.74	0.09	0.72	0.85	-0.39	0.85	-0.36	0.91	-0.36	0.12		0.64	-0.3	-0.34	0.87	-0.24	0.28	-0.21	0.62	0.24	0.83	0.7	0.64	0.93	-0.54
Non Current Liabilities Total	0.81	0.21	0.16	0.92	0.81	-0.26	0.46	-0.08	0.78	-0.08	0.48	0.64		-0.14	-0.24	0.86	0.14	-0.23	-0.06	0.0	0.67	0.91	0.19	0.72	0.7	-0.35
Inventory	-0.28	-0.26	-0.15	-0.09	-0.15	0.53	-0.35	-0.1	-0.29	-0.1	0.48	-0.3	-0.14		-0.09	-0.24	0.02	-0.27	-0.05	-0.02	-0.11	-0.21	-0.22	-0.3	-0.3	0.4
Other Stockholder Equity	-0.08	-0.29	0.47	-0.09	-0.56	-0.6	-0.43	0.79	-0.33	0.79	-0.3	-0.34	-0.24	-0.09		-0.34	0.68	0.09	-0.14	-0.15	-0.06	-0.3	-0.25	-0.22	-0.38	0.53
Total Liab	0.9	0.67	0.04	0.91	0.94	-0.34	0.72	-0.22	0.94	-0.22	0.25	0.87	0.86	-0.24	-0.34		-0.07	0.13	-0.1	0.47	0.54	0.99	0.65	0.76	0.86	-0.51
Total Current Assets	0.23	-0.33	0.66	0.15	-0.36	-0.21	-0.47	0.92	-0.13	0.92	0.32	-0.24	0.14	0.02	0.68	-0.07		-0.05	-0.12	-0.29	0.11	-0.01	-0.29	-0.01	-0.24	0.61
Other Current Liab	0.13	0.58	-0.01	-0.07	0.05	-0.29	0.34	-0.02	0.15	-0.02	-0.3	0.28	-0.23	-0.27	0.09	0.13	-0.05		-0.01	0.59	-0.32	0.05	0.53	-0.03	0.23	-0.15
Current Deferred Revenue	-0.3	-0.11	-0.45	-0.15	-0.09	0.11	-0.21	-0.09	-0.26	-0.09	-0.16	-0.21	-0.06	-0.05	-0.14	-0.1	-0.12	-0.01		-0.2	0.03	-0.15	-0.23	-0.11	-0.1	-0.22
Non Currrent Assets Other	0.4	0.9	-0.09	0.31	0.42	-0.19	0.56	-0.23	0.51	-0.23	-0.14	0.62	0.0	-0.02	-0.15	0.47	-0.29	0.59	-0.2		-0.04	0.39	0.9	0.22	0.45	-0.18
Other Current Assets	0.49	0.08	0.04	0.72	0.51	-0.12	0.14	0.01	0.46	0.01	0.33	0.24	0.67	-0.11	-0.06	0.54	0.11	-0.32	0.03	-0.04		0.59	0.09	0.49	0.26	-0.18
Short Long Term Debt Total	0.91	0.6	0.1	0.94	0.93	-0.34	0.69	-0.17	0.93	-0.17	0.3	0.83	0.91	-0.21	-0.3	0.99	-0.01	0.05	-0.15	0.39	0.59		0.59	0.78	0.84	-0.47
Short Term Debt	0.55	0.99	-0.09	0.42	0.6	-0.28	0.7	-0.25	0.67	-0.25	-0.22	0.7	0.19	-0.22	-0.25	0.65	-0.29	0.53	-0.23	0.9	0.09	0.59		0.43	0.59	-0.41
Intangible Assets	0.84	0.42	0.43	0.71	0.69	-0.3	0.66	-0.02	0.86	-0.02	0.15	0.64	0.72	-0.3	-0.22	0.76	-0.01	-0.03	-0.11	0.22	0.49	0.78	0.43		0.78	-0.47
Good Will	0.8	0.64	0.12	0.71	0.86	-0.37	0.9	-0.36	0.9	-0.36	0.11	0.93	0.7	-0.3	-0.38	0.86	-0.24	0.23	-0.1	0.45	0.26	0.84	0.59	0.78		-0.62
Other Liab	-0.28	-0.47	0.36	-0.24	-0.63	0.2	-0.75	0.58	-0.51	0.58	0.33	-0.54	-0.35	0.4	0.53	-0.51	0.61	-0.15	-0.22	-0.18	-0.18	-0.47	-0.41	-0.47	-0.62

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Ackroo Account Relationship Matchups

Ackroo fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.0M	11.2M	9.0M	7.7M	7.8M	8.2M
Total Current Liabilities	1.1M	2.3M	1.0M	2.1M	4.6M	4.8M
Total Stockholder Equity	1.7M	3.8M	3.1M	1.5M	2.0M	1.5M
Property Plant And Equipment Net	2.3M	2.0M	1.7M	1.5M	1.2M	1.3M
Net Debt	5.7M	4.8M	4.4M	5.0M	4.2M	4.4M
Retained Earnings	(15.6M)	(16.7M)	(19.1M)	(20.8M)	(19.0M)	(20.0M)
Accounts Payable	543.2K	513.3K	598.3K	552.5K	763.8K	565.8K
Cash	28.6K	1.9M	772.3K	10.5K	200.6K	190.6K
Non Current Assets Total	7.1M	8.6M	7.6M	5.9M	7.3M	7.7M
Cash And Short Term Investments	28.6K	1.9M	772.3K	10.5K	200.6K	190.6K
Net Receivables	503.1K	414.6K	469.5K	461.1K	184.8K	250.2K
Common Stock Shares Outstanding	76.2M	80.6M	111.8M	115.8M	120.7M	126.7M
Liabilities And Stockholders Equity	8.0M	11.2M	9.0M	7.7M	7.8M	8.2M
Non Current Liabilities Total	5.2M	5.0M	4.9M	4.1M	1.2M	1.2M
Inventory	37.5K	32.2K	21.1K	8.4K	6.7K	6.4K
Other Stockholder Equity	1.8M	1.8M	1.8M	1.7M	2.3M	2.2M
Total Liab	6.3M	7.4M	5.9M	6.2M	5.8M	6.1M
Total Current Assets	957.1K	2.6M	1.3M	1.8M	450.5K	428.0K
Other Current Liab	14.2K	23.9K	96.4K	523.4K	656.9K	689.7K
Current Deferred Revenue	23.1K	110.2K	96.4K	59.3K	350.0	332.5
Other Current Assets	387.9K	193.2K	65.4K	57.2K	58.4K	95.0K
Short Long Term Debt Total	5.7M	6.7M	5.2M	5.0M	4.4M	4.6M
Accumulated Other Comprehensive Income	254.8K	1.4M	840.5K	840.5K	756.5K	718.6K
Short Term Debt	556.3K	1.7M	312.1K	953.7K	3.2M	3.4M
Intangible Assets	2.7M	4.1M	2.8M	1.5M	2.7M	1.7M
Other Liab	18.5K	17.4K	27.7K	27.4K	24.7K	22.9K
Net Tangible Assets	(311.6K)	(2.9M)	(2.5M)	(2.4M)	(2.2M)	(2.1M)
Short Long Term Debt	243.1K	1.4M	78.3K	745.9K	3.0M	3.1M
Common Stock	15.3M	17.3M	19.5M	19.8M	18.7M	15.9M
Property Plant Equipment	2.3M	2.0M	1.7M	1.5M	1.7M	870.7K
Net Invested Capital	5.3M	8.6M	6.5M	5.0M	5.0M	5.9M
Net Working Capital	(179.7K)	251.3K	321.5K	(277.0K)	(4.2M)	(4.0M)
Capital Stock	15.3M	17.3M	19.5M	19.8M	18.7M	19.4M

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