Endeavour Price To Sales Ratio vs Days Sales Outstanding Analysis

EDV Stock  CAD 28.79  1.78  6.59%   
Endeavour Mining financial indicator trend analysis is much more than just examining Endeavour Mining Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endeavour Mining Corp is a good investment. Please check the relationship between Endeavour Mining Price To Sales Ratio and its Days Sales Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Mining 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.

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavour Mining Corp Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Endeavour Mining's Price To Sales Ratio and Days Sales Outstanding is 0.55. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Endeavour Mining Corp, assuming nothing else is changed. The correlation between historical values of Endeavour Mining's Price To Sales 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 Price To Sales Ratio of Endeavour Mining Corp 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 Price To Sales Ratio i.e., Endeavour Mining's Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Price To Sales Ratio

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

Days Sales Outstanding

Most indicators from Endeavour Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endeavour Mining 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 Endeavour Mining 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, Endeavour Mining's Selling General Administrative is very stable compared to the past year. As of the 12th of December 2024, Discontinued Operations is likely to grow to about 11 M, though Issuance Of Capital Stock is likely to grow to (21.5 M).
 2021 2022 2023 2024 (projected)
Interest Expense44.8M56.5M68.9M72.3M
Depreciation And Amortization648.7M639.1M542.3M569.4M

Endeavour Mining fundamental ratios Correlations

1.01.00.860.880.950.810.270.990.990.170.941.00.87-0.10.930.98-0.330.90.920.90.330.970.440.68-0.44
1.00.990.890.860.940.820.20.970.990.10.940.990.87-0.140.910.97-0.330.890.910.880.330.940.450.66-0.43
1.00.990.870.870.940.820.250.980.990.180.931.00.86-0.10.930.97-0.340.880.910.90.320.970.430.68-0.45
0.860.890.870.830.880.73-0.180.80.920.010.780.880.71-0.450.660.79-0.660.680.740.670.490.790.460.47-0.2
0.880.860.870.830.930.730.130.890.90.480.70.890.57-0.140.860.81-0.480.770.790.840.590.90.310.54-0.38
0.950.940.940.880.930.720.190.950.960.290.860.950.76-0.20.880.92-0.450.870.860.870.410.950.370.64-0.39
0.810.820.820.730.730.720.120.780.80.150.70.820.65-0.070.720.76-0.310.650.690.690.560.790.320.38-0.49
0.270.20.25-0.180.130.190.120.370.160.270.360.240.370.50.460.370.440.480.350.32-0.170.360.050.24-0.17
0.990.970.980.80.890.950.780.370.970.30.910.980.83-0.020.960.97-0.30.910.920.930.310.980.420.7-0.47
0.990.990.990.920.90.960.80.160.970.170.910.990.84-0.190.890.95-0.430.860.910.880.360.940.490.66-0.4
0.170.10.180.010.480.290.150.270.30.17-0.10.2-0.230.40.370.08-0.140.060.10.430.280.37-0.280.25-0.39
0.940.940.930.780.70.860.70.360.910.91-0.10.920.97-0.170.840.98-0.220.930.930.780.130.860.570.63-0.31
1.00.991.00.880.890.950.820.240.980.990.20.920.85-0.110.930.97-0.360.880.910.90.350.970.430.68-0.45
0.870.870.860.710.570.760.650.370.830.84-0.230.970.85-0.150.750.92-0.170.880.870.690.060.760.60.65-0.28
-0.1-0.14-0.1-0.45-0.14-0.2-0.070.5-0.02-0.190.4-0.17-0.11-0.150.14-0.080.74-0.05-0.080.16-0.190.0-0.320.14-0.36
0.930.910.930.660.860.880.720.460.960.890.370.840.930.750.140.93-0.10.890.890.960.250.940.310.73-0.56
0.980.970.970.790.810.920.760.370.970.950.080.980.970.92-0.080.93-0.210.960.950.880.240.930.50.67-0.41
-0.33-0.33-0.34-0.66-0.48-0.45-0.310.44-0.3-0.43-0.14-0.22-0.36-0.170.74-0.1-0.21-0.1-0.23-0.15-0.43-0.31-0.3-0.07-0.15
0.90.890.880.680.770.870.650.480.910.860.060.930.880.88-0.050.890.96-0.10.930.80.260.850.490.58-0.33
0.920.910.910.740.790.860.690.350.920.910.10.930.910.87-0.080.890.95-0.230.930.870.180.840.70.68-0.39
0.90.880.90.670.840.870.690.320.930.880.430.780.90.690.160.960.88-0.150.80.870.210.920.330.77-0.59
0.330.330.320.490.590.410.56-0.170.310.360.280.130.350.06-0.190.250.24-0.430.260.180.210.36-0.04-0.130.07
0.970.940.970.790.90.950.790.360.980.940.370.860.970.760.00.940.93-0.310.850.840.920.360.260.66-0.48
0.440.450.430.460.310.370.320.050.420.49-0.280.570.430.6-0.320.310.5-0.30.490.70.33-0.040.260.310.03
0.680.660.680.470.540.640.380.240.70.660.250.630.680.650.140.730.67-0.070.580.680.77-0.130.660.31-0.68
-0.44-0.43-0.45-0.2-0.38-0.39-0.49-0.17-0.47-0.4-0.39-0.31-0.45-0.28-0.36-0.56-0.41-0.15-0.33-0.39-0.590.07-0.480.03-0.68
Click cells to compare fundamentals

Endeavour Mining Account Relationship Matchups

Endeavour Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B3.9B6.8B6.4B5.9B6.2B
Total Stockholder Equity717.9M2.1B3.9B3.7B3.2B3.4B
Property Plant And Equipment Net1.4B2.6B5.0B4.5B4.2B4.4B
Retained Earnings(1.1B)(1.1B)3.3B3.0B2.6B2.7B
Non Currrent Assets Other61.0M77.0M185.3M240.7M393.3M413.0M
Other Assets66.5M122.0M250.3M229.5M263.9M277.1M
Common Stock Shares Outstanding109.8M137.0M242.0M248.7M246.9M259.2M
Liabilities And Stockholders Equity1.9B3.9B6.8B6.4B5.9B6.2B
Other Stockholder Equity1.8B3.0B588.5M618M645M476.5M
Total Liab1.1B1.6B2.4B2.3B2.3B2.4B
Property Plant And Equipment Gross1.4B2.6B6.7B6.8B5.9B6.2B
Net Debt535.9M80.5M(13.2M)(79.3M)593.4M623.1M
Cash189.9M645.0M906.2M951.1M517.2M543.1M
Non Current Assets Total1.5B2.8B5.4B5.0B4.7B5.0B
Cash And Short Term Investments189.9M645.0M906.2M962.3M517.2M266.7M
Net Receivables19.2M52.8M8.6M4.4M28.9M19.2M
Common Stock Total Equity1.7B1.7B1.8B3.0B3.5B3.7B
Total Current Assets396.0M1.1B1.4B1.4B1.1B1.2B
Common Stock1.7B11.0M3.0B2.5M2.9M2.7M
Other Current Liab36.2M189.6M135.7M191.4M143.5M150.7M
Total Current Liabilities268.0M546.6M567.1M1.0B613.4M644.1M
Accounts Payable147.5M192.9M247.7M252.3M280.9M294.9M
Short Term Investments1.8M1.4M8.6M11.2M69.7M49.1M
Non Current Liabilities Total788.3M1.1B1.8B1.3B1.7B1.8B
Accumulated Other Comprehensive Income72.5M70.4M584M592.4M594.3M624.0M
Short Term Debt29.4M13.7M14.4M354.8M22.8M21.7M
Short Long Term Debt Total725.8M725.5M893M871.8M1.1B558.4M
Inventory168.4M190.0M311.3M320.7M224.9M165.8M
Other Current Assets17.1M205.7M139.9M158M349.2M366.7M
Other Liab91.9M377.1M939.5M764.8M879.5M923.5M
Net Tangible Assets717.9M2.0B3.8B3.5B4.1B4.3B
Long Term Debt639.0M688.3M841.9M488.1M1.1B549.0M
Property Plant Equipment1.4B2.6B5.0B4.5B5.2B5.5B
Long Term Debt Total696.4M711.8M878.6M517M594.6M567.4M

Pair Trading with Endeavour Mining

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Endeavour Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Endeavour Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Endeavour Stock

  0.82ORE Orezone Gold CorpPairCorr

Moving against Endeavour Stock

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  0.63FSV FirstService CorpPairCorr
  0.49BYD Boyd Group ServicesPairCorr
The ability to find closely correlated positions to Endeavour Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavour Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Endeavour Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Endeavour Mining Corp to buy it.
The correlation of Endeavour Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Endeavour Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour Mining Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Endeavour Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Endeavour Stock

Balance Sheet is a snapshot of the financial position of Endeavour Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Endeavour Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Endeavour Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Endeavour currently owns. An asset can also be divided into two categories, current and non-current.