CCCM Average Payables vs Price To Sales Ratio Analysis

CCCM Stock  CAD 0.25  0.01  4.17%   
C3 Metals financial indicator trend analysis is way more than just evaluating C3 Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether C3 Metals is a good investment. Please check the relationship between C3 Metals Average Payables and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in C3 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Average Payables vs Price To Sales Ratio

Average Payables vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of C3 Metals Average Payables account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between C3 Metals' Average Payables and Price To Sales Ratio is -0.05. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of C3 Metals, assuming nothing else is changed. The correlation between historical values of C3 Metals' Average Payables 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 Average Payables of C3 Metals 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 Average Payables i.e., C3 Metals' Average Payables and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing C3 Metals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on C3 Metals sales, a figure that is much harder to manipulate than other C3 Metals 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 C3 Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into C3 Metals 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 C3 Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, C3 Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 59.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.

C3 Metals fundamental ratios Correlations

0.3-0.251.00.93-0.64-0.920.631.00.620.330.110.28-0.29-0.450.630.84-0.350.10.27-0.56-0.631.01.01.0-0.64
0.30.560.290.13-0.65-0.390.630.250.620.26-0.320.33-0.160.190.620.57-0.460.480.380.02-0.170.350.340.34-0.17
-0.250.56-0.27-0.310.070.28-0.02-0.27-0.02-0.17-0.310.540.320.840.010.220.150.18-0.040.590.51-0.21-0.23-0.20.53
1.00.29-0.270.93-0.64-0.920.631.00.630.330.110.27-0.31-0.470.630.83-0.370.10.28-0.58-0.641.01.01.0-0.65
0.930.13-0.310.93-0.36-0.770.340.960.330.080.090.06-0.18-0.410.330.74-0.26-0.260.28-0.44-0.490.910.920.92-0.49
-0.64-0.650.07-0.64-0.360.81-0.98-0.57-0.98-0.590.02-0.350.460.43-0.98-0.640.55-0.69-0.250.530.66-0.68-0.67-0.650.73
-0.92-0.390.28-0.92-0.770.81-0.79-0.89-0.79-0.37-0.1-0.270.470.58-0.78-0.770.5-0.31-0.280.710.79-0.93-0.94-0.910.83
0.630.63-0.020.630.34-0.98-0.790.561.00.570.010.47-0.38-0.341.00.66-0.450.720.18-0.52-0.610.670.660.64-0.68
1.00.25-0.271.00.96-0.57-0.890.560.550.280.110.24-0.27-0.440.560.81-0.330.020.27-0.54-0.60.990.990.99-0.61
0.620.62-0.020.630.33-0.98-0.791.00.550.570.010.47-0.38-0.341.00.66-0.450.730.18-0.52-0.610.670.650.64-0.68
0.330.26-0.170.330.08-0.59-0.370.570.280.570.10.43-0.21-0.280.590.23-0.280.720.06-0.2-0.310.360.330.36-0.3
0.11-0.32-0.310.110.090.02-0.10.010.110.010.10.05-0.32-0.30.01-0.04-0.050.0-0.03-0.46-0.360.090.080.08-0.19
0.280.330.540.270.06-0.35-0.270.470.240.470.430.050.170.390.510.540.140.58-0.150.050.070.320.290.330.02
-0.29-0.160.32-0.31-0.180.460.47-0.38-0.27-0.38-0.21-0.320.170.72-0.36-0.20.85-0.22-0.420.620.87-0.31-0.33-0.270.68
-0.450.190.84-0.47-0.410.430.58-0.34-0.44-0.34-0.28-0.30.390.72-0.32-0.060.62-0.05-0.360.740.82-0.44-0.46-0.410.83
0.630.620.010.630.33-0.98-0.781.00.561.00.590.010.51-0.36-0.320.67-0.430.740.17-0.5-0.590.670.650.64-0.67
0.840.570.220.830.74-0.64-0.770.660.810.660.23-0.040.54-0.2-0.060.67-0.310.170.18-0.28-0.420.850.850.84-0.41
-0.35-0.460.15-0.37-0.260.550.5-0.45-0.33-0.45-0.28-0.050.140.850.62-0.43-0.31-0.22-0.680.380.7-0.39-0.4-0.360.63
0.10.480.180.1-0.26-0.69-0.310.720.020.730.720.00.58-0.22-0.050.740.17-0.22-0.03-0.24-0.280.160.120.14-0.32
0.270.38-0.040.280.28-0.25-0.280.180.270.180.06-0.03-0.15-0.42-0.360.170.18-0.68-0.03-0.26-0.30.30.30.29-0.29
-0.560.020.59-0.58-0.440.530.71-0.52-0.54-0.52-0.2-0.460.050.620.74-0.5-0.280.38-0.24-0.260.87-0.56-0.57-0.530.75
-0.63-0.170.51-0.64-0.490.660.79-0.61-0.6-0.61-0.31-0.360.070.870.82-0.59-0.420.7-0.28-0.30.87-0.63-0.65-0.60.86
1.00.35-0.211.00.91-0.68-0.930.670.990.670.360.090.32-0.31-0.440.670.85-0.390.160.3-0.56-0.631.01.0-0.65
1.00.34-0.231.00.92-0.67-0.940.660.990.650.330.080.29-0.33-0.460.650.85-0.40.120.3-0.57-0.651.01.0-0.67
1.00.34-0.21.00.92-0.65-0.910.640.990.640.360.080.33-0.27-0.410.640.84-0.360.140.29-0.53-0.61.01.0-0.62
-0.64-0.170.53-0.65-0.490.730.83-0.68-0.61-0.68-0.3-0.190.020.680.83-0.67-0.410.63-0.32-0.290.750.86-0.65-0.67-0.62
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C3 Metals Account Relationship Matchups

C3 Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.5M28.2M49.5M55.3M63.6M66.8M
Other Current Liab377.7K1.1M1.0M482.1K554.5K543.9K
Total Current Liabilities377.7K1.1M1.0M482.1K433.9K591.0K
Total Stockholder Equity22.1M27.0M48.5M54.9M63.1M66.2M
Property Plant And Equipment Net13.5M11.5M17.8M51.6M59.4M62.3M
Net Debt(3.2M)(5.8M)(7.3M)(2.8M)(2.5M)(2.4M)
Retained Earnings(10.1M)(15.6M)(19.5M)(20.4M)(18.3M)(17.4M)
Cash3.2M5.8M7.3M2.8M3.3M2.1M
Non Current Assets Total19.0M21.9M41.3M52.2M60.0M63.0M
Cash And Short Term Investments3.4M6.0M7.6M2.9M3.3M2.1M
Net Receivables13.2K35.7K171.0K37.6K43.3K54.5K
Common Stock Shares Outstanding20.1M32.2M43.6M48.1M55.3M48.1M
Liabilities And Stockholders Equity22.5M28.2M49.5M55.3M63.6M66.8M
Other Current Assets18.9K215.1K476.7K154.6K177.8K170.9K
Other Stockholder Equity3.3M4.1M5.3M5.9M5.4M5.3M
Total Liab377.7K1.1M1.0M482.1K433.9K855.8K
Total Current Assets3.5M6.3M8.3M3.1M3.6M2.4M
Accounts Payable133.7K356.7K1.1M991.5K1.1M1.2M
Non Currrent Assets Other5.5M10.4M23.4M573.8K659.9K626.9K
Accumulated Other Comprehensive Income(772.9K)(1.3M)84.0K1.9M2.1M2.2M
Net Tangible Assets11.4M22.1M27.0M48.5M55.8M58.6M
Common Stock29.7M39.9M62.6M67.4M77.6M81.4M
Property Plant Equipment11.3M19.0M21.9M41.3M47.4M49.8M
Net Invested Capital22.1M27.0M48.5M54.9M63.1M66.2M
Net Working Capital3.1M5.1M7.3M2.6M3.0M3.1M
Capital Stock29.7M39.9M62.6M67.4M77.6M43.4M
Short Term Investments199.5K127.8K326.5K53.1K61.1K58.0K

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Additional Tools for CCCM Stock Analysis

When running C3 Metals' price analysis, check to measure C3 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 C3 Metals is operating at the current time. Most of C3 Metals' value examination focuses on studying past and present price action to predict the probability of C3 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move C3 Metals' price. Additionally, you may evaluate how the addition of C3 Metals to your portfolios can decrease your overall portfolio volatility.