Datable Ptb Ratio vs Free Cash Flow Yield Analysis

DAC Stock  CAD 0.04  0.00  0.00%   
Datable Technology financial indicator trend analysis is much more than just examining Datable Technology Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datable Technology Corp is a good investment. Please check the relationship between Datable Technology Ptb Ratio and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datable Technology Corp. 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 Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datable Technology Corp Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between Datable Technology's Ptb Ratio and Free Cash Flow Yield is 0.06. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Datable Technology Corp, assuming nothing else is changed. The correlation between historical values of Datable Technology's Ptb Ratio and Free Cash Flow Yield 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 Datable Technology Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., Datable Technology's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Datable Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datable Technology Corp 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 Datable Technology Corp. 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, Datable Technology's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1.1 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.84 in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue3.5M3.9M3.3M2.0M
Depreciation And Amortization108.9K84.8K97.6K60.0K

Datable Technology fundamental ratios Correlations

0.42-0.170.04-0.540.90.440.90.66-0.470.391.00.250.410.590.360.470.510.320.51-0.270.470.56-0.13-0.150.41
0.42-0.930.85-0.90.150.650.150.77-0.90.980.370.960.990.80.810.690.980.91-0.11-0.940.730.94-0.92-0.930.89
-0.17-0.93-0.970.80.12-0.610.12-0.720.83-0.96-0.12-0.94-0.95-0.68-0.71-0.63-0.89-0.950.310.99-0.66-0.850.940.94-0.83
0.040.85-0.97-0.67-0.250.52-0.250.66-0.710.92-0.010.890.890.530.560.540.80.95-0.41-0.940.570.75-0.87-0.870.71
-0.54-0.90.8-0.67-0.25-0.72-0.25-0.780.76-0.85-0.49-0.86-0.88-0.96-0.81-0.76-0.87-0.76-0.020.82-0.79-0.830.790.8-0.84
0.90.150.12-0.25-0.250.081.00.32-0.170.120.930.010.120.30.090.120.220.070.390.00.120.280.080.080.1
0.440.65-0.610.52-0.720.080.080.68-0.780.620.350.580.650.710.810.990.640.550.25-0.60.980.6-0.55-0.570.87
0.90.150.12-0.25-0.251.00.080.32-0.170.120.930.010.120.30.090.120.220.070.390.00.120.280.080.080.1
0.660.77-0.720.66-0.780.320.680.32-0.760.80.620.650.80.730.550.70.830.790.24-0.720.720.86-0.52-0.530.7
-0.47-0.90.83-0.710.76-0.17-0.78-0.17-0.76-0.86-0.41-0.78-0.88-0.68-0.86-0.79-0.92-0.78-0.130.82-0.81-0.90.780.79-0.93
0.390.98-0.960.92-0.850.120.620.120.8-0.860.340.960.990.740.720.650.960.97-0.21-0.980.690.92-0.91-0.910.85
1.00.37-0.12-0.01-0.490.930.350.930.62-0.410.340.20.360.540.30.390.460.280.5-0.220.390.52-0.08-0.10.34
0.250.96-0.940.89-0.860.010.580.010.65-0.780.960.20.960.750.760.620.90.91-0.34-0.960.670.83-0.97-0.970.83
0.410.99-0.950.89-0.880.120.650.120.8-0.880.990.360.960.780.760.680.980.94-0.12-0.960.720.95-0.91-0.920.86
0.590.8-0.680.53-0.960.30.710.30.73-0.680.740.540.750.780.820.740.780.640.09-0.710.760.75-0.68-0.70.82
0.360.81-0.710.56-0.810.090.810.090.55-0.860.720.30.760.760.820.820.780.590.02-0.710.830.71-0.77-0.790.96
0.470.69-0.630.54-0.760.120.990.120.7-0.790.650.390.620.680.740.820.680.580.23-0.631.00.63-0.58-0.60.88
0.510.98-0.890.8-0.870.220.640.220.83-0.920.960.460.90.980.780.780.680.880.04-0.90.710.99-0.85-0.860.86
0.320.91-0.950.95-0.760.070.550.070.79-0.780.970.280.910.940.640.590.580.88-0.3-0.970.620.86-0.86-0.860.76
0.51-0.110.31-0.41-0.020.390.250.390.24-0.13-0.210.5-0.34-0.120.090.020.230.04-0.30.320.20.140.380.36-0.02
-0.27-0.940.99-0.940.820.0-0.60.0-0.720.82-0.98-0.22-0.96-0.96-0.71-0.71-0.63-0.9-0.970.32-0.66-0.850.950.95-0.84
0.470.73-0.660.57-0.790.120.980.120.72-0.810.690.390.670.720.760.831.00.710.620.2-0.660.66-0.61-0.640.88
0.560.94-0.850.75-0.830.280.60.280.86-0.90.920.520.830.950.750.710.630.990.860.14-0.850.66-0.78-0.780.8
-0.13-0.920.94-0.870.790.08-0.550.08-0.520.78-0.91-0.08-0.97-0.91-0.68-0.77-0.58-0.85-0.860.380.95-0.61-0.781.0-0.83
-0.15-0.930.94-0.870.80.08-0.570.08-0.530.79-0.91-0.1-0.97-0.92-0.7-0.79-0.6-0.86-0.860.360.95-0.64-0.781.0-0.85
0.410.89-0.830.71-0.840.10.870.10.7-0.930.850.340.830.860.820.960.880.860.76-0.02-0.840.880.8-0.83-0.85
Click cells to compare fundamentals

Datable Technology Account Relationship Matchups

Datable Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets867.8K2.1M2.5M892.0K1.0M1.1M
Total Current Liabilities1.5M2.3M2.5M3.4M3.9M4.1M
Total Stockholder Equity(702.9K)(222.3K)(2.9M)(5.6M)(5.0M)(4.8M)
Net Debt(304.6K)(1.3M)1.8M2.8M3.2M3.4M
Retained Earnings(18.4M)(20.8M)(25.4M)(29.9M)(26.9M)(25.6M)
Cash461.2K1.4M1.2M372.5K428.4K742.4K
Non Current Assets Total204.8K86.9K206.0K121.1K139.3K80.3K
Cash And Short Term Investments461.2K1.4M1.2M372.5K428.4K742.4K
Net Receivables66.6K257.7K644.7K276.9K318.5K334.4K
Liabilities And Stockholders Equity867.8K2.1M2.5M892.0K1.0M1.1M
Other Stockholder Equity(8.4M)(10.6M)(12.0M)(12.7M)(11.4M)(10.8M)
Total Liab1.6M2.3M5.4M6.5M7.5M7.8M
Total Current Assets663.0K2.0M2.2M770.9K886.5K1.0M
Accumulated Other Comprehensive Income13.0M15.6M17.2M18.5M21.3M22.3M
Accounts Payable629.9K425.2K661.2K1.3M1.5M1.6M
Common Stock Shares Outstanding50.8M91.5M137.7M169.9M195.4M205.2M
Common Stock13.0M15.6M17.2M18.5M21.3M11.3M
Other Current Liab278.1K212.5K162.4K245.3K282.1K152.0K
Property Plant And Equipment Net204.8K86.9K206.0K121.1K139.3K92.3K
Current Deferred Revenue506.2K1.6M1.6M1.7M2.0M2.1M
Non Current Liabilities Total59.9K25.7K2.9M3.1M3.5M3.7M
Other Current Assets116.4K351.3K245.6K13.7K15.7K15.0K
Net Tangible Assets(702.9K)(222.3K)(2.9M)(5.6M)(5.0M)(4.8M)
Property Plant Equipment204.8K86.9K206.0K121.1K139.3K114.4K
Inventory19.2K18.8K116.3K107.7K123.9K130.1K
Net Invested Capital(702.9K)(196.6K)(138.4K)(2.6M)(2.3M)(2.2M)
Net Working Capital(847.7K)(283.6K)(242.5K)(2.7M)(2.4M)(2.3M)
Short Term Debt96.6K60.4K84.4K102.3K117.7K66.4K
Capital Stock13.0M15.6M17.2M18.5M21.3M16.8M

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Additional Tools for Datable Stock Analysis

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