Excellon Pb Ratio vs Price To Sales Ratio Analysis

EXN Stock

CAD 0.10 0.01 9.09%

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

Pb Ratio vs Price To Sales Ratio

Pb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Excellon Resources Pb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Excellon Resources' Pb Ratio and Price To Sales Ratio is -0.89. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Excellon Resources, assuming nothing else is changed. The correlation between historical values of Excellon Resources' Pb Ratio 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 Pb Ratio of Excellon Resources 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 Pb Ratio i.e., Excellon Resources' Pb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Pb Ratio

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Excellon Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Excellon Resources sales, a figure that is much harder to manipulate than other Excellon Resources 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 Excellon Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Excellon 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Excellon 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.

As of the 4th of December 2024, Selling General Administrative is likely to grow to about 5.6 M, though Tax Provision is likely to grow to (705.9 K).

Excellon Resources fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Short Term Investments	Property Plant And Equipment Gross	Short Term Debt	Inventory	Current Deferred Revenue
Total Assets		-0.32	-0.21	-0.39	0.88	-0.62	0.37	-0.03	0.57	0.71	-0.29	0.26	0.52	0.22	-0.21	0.93	0.85	0.97	-0.24	0.66	0.48	0.69	-0.35	-0.46	0.76	0.4
Short Long Term Debt Total	-0.32		0.65	0.87	-0.66	0.74	-0.88	0.59	-0.3	-0.32	0.87	0.17	-0.06	0.25	0.82	-0.42	-0.03	-0.33	-0.4	-0.73	-0.38	-0.23	0.9	0.71	-0.25	0.42
Other Current Liab	-0.21	0.65		0.89	-0.6	0.42	-0.74	0.19	-0.1	-0.16	0.58	0.19	0.3	0.3	0.91	-0.18	-0.11	-0.27	-0.29	-0.53	-0.4	-0.39	0.62	0.28	0.02	0.17
Total Current Liabilities	-0.39	0.87	0.89		-0.76	0.66	-0.92	0.36	-0.26	-0.33	0.83	0.05	0.1	0.29	0.91	-0.42	-0.18	-0.43	-0.26	-0.68	-0.48	-0.46	0.86	0.64	-0.2	0.34
Total Stockholder Equity	0.88	-0.66	-0.6	-0.76		-0.76	0.72	-0.24	0.52	0.65	-0.6	0.01	0.29	0.04	-0.64	0.83	0.71	0.89	-0.08	0.78	0.55	0.72	-0.63	-0.56	0.59	0.13
Net Debt	-0.62	0.74	0.42	0.66	-0.76		-0.7	0.43	-0.85	-0.86	0.69	0.0	-0.16	-0.38	0.55	-0.8	-0.35	-0.54	-0.07	-0.72	-0.19	-0.5	0.7	0.6	-0.32	0.1
Retained Earnings	0.37	-0.88	-0.74	-0.92	0.72	-0.7		-0.35	0.26	0.34	-0.96	-0.13	-0.13	-0.26	-0.84	0.41	0.21	0.43	0.06	0.57	0.48	0.56	-0.86	-0.62	0.23	-0.48
Accounts Payable	-0.03	0.59	0.19	0.36	-0.24	0.43	-0.35		-0.26	-0.25	0.32	0.33	-0.04	-0.04	0.45	-0.18	0.06	-0.02	-0.12	-0.23	-0.05	0.15	0.35	0.37	0.22	0.45
Cash	0.57	-0.3	-0.1	-0.26	0.52	-0.85	0.26	-0.26		0.97	-0.24	0.12	0.19	0.77	-0.16	0.79	0.39	0.42	-0.12	0.47	-0.11	0.41	-0.3	-0.32	0.17	0.16
Cash And Short Term Investments	0.71	-0.32	-0.16	-0.33	0.65	-0.86	0.34	-0.25	0.97		-0.29	0.17	0.22	0.71	-0.2	0.87	0.56	0.58	-0.23	0.51	0.06	0.56	-0.33	-0.36	0.28	0.19
Common Stock Shares Outstanding	-0.29	0.87	0.58	0.83	-0.6	0.69	-0.96	0.32	-0.24	-0.29		0.04	0.08	0.29	0.7	-0.37	-0.07	-0.34	-0.13	-0.56	-0.44	-0.45	0.9	0.68	-0.27	0.56
Non Current Liabilities Total	0.26	0.17	0.19	0.05	0.01	0.0	-0.13	0.33	0.12	0.17	0.04		0.29	-0.05	0.42	0.32	0.09	0.19	0.08	0.18	0.18	0.05	-0.13	-0.42	0.38	0.17
Other Current Assets	0.52	-0.06	0.3	0.1	0.29	-0.16	-0.13	-0.04	0.19	0.22	0.08	0.29		0.0	0.25	0.5	0.35	0.5	0.09	0.3	-0.09	-0.13	-0.15	-0.49	0.67	0.18
Other Stockholder Equity	0.22	0.25	0.3	0.29	0.04	-0.38	-0.26	-0.04	0.77	0.71	0.29	-0.05	0.0		0.25	0.38	0.3	0.09	-0.39	-0.09	-0.43	0.22	0.31	0.22	-0.1	0.32
Total Liab	-0.21	0.82	0.91	0.91	-0.64	0.55	-0.84	0.45	-0.16	-0.2	0.7	0.42	0.25	0.25		-0.21	-0.14	-0.27	-0.22	-0.51	-0.35	-0.38	0.67	0.36	0.03	0.32
Total Current Assets	0.93	-0.42	-0.18	-0.42	0.83	-0.8	0.41	-0.18	0.79	0.87	-0.37	0.32	0.5	0.38	-0.21		0.69	0.85	-0.13	0.72	0.36	0.6	-0.47	-0.58	0.63	0.27
Property Plant And Equipment Net	0.85	-0.03	-0.11	-0.18	0.71	-0.35	0.21	0.06	0.39	0.56	-0.07	0.09	0.35	0.3	-0.14	0.69		0.89	-0.63	0.24	0.32	0.77	0.0	-0.16	0.56	0.38
Non Current Assets Total	0.97	-0.33	-0.27	-0.43	0.89	-0.54	0.43	-0.02	0.42	0.58	-0.34	0.19	0.5	0.09	-0.27	0.85	0.89		-0.32	0.59	0.53	0.73	-0.36	-0.46	0.77	0.31
Non Currrent Assets Other	-0.24	-0.4	-0.29	-0.26	-0.08	-0.07	0.06	-0.12	-0.12	-0.23	-0.13	0.08	0.09	-0.39	-0.22	-0.13	-0.63	-0.32		0.5	-0.02	-0.59	-0.42	-0.24	0.01	-0.01
Other Assets	0.66	-0.73	-0.53	-0.68	0.78	-0.72	0.57	-0.23	0.47	0.51	-0.56	0.18	0.3	-0.09	-0.51	0.72	0.24	0.59	0.5		0.51	0.29	-0.74	-0.59	0.57	0.21
Net Receivables	0.48	-0.38	-0.4	-0.48	0.55	-0.19	0.48	-0.05	-0.11	0.06	-0.44	0.18	-0.09	-0.43	-0.35	0.36	0.32	0.53	-0.02	0.51		0.53	-0.41	-0.26	0.35	0.09
Short Term Investments	0.69	-0.23	-0.39	-0.46	0.72	-0.5	0.56	0.15	0.41	0.56	-0.45	0.05	-0.13	0.22	-0.38	0.6	0.77	0.73	-0.59	0.29	0.53		-0.26	-0.16	0.36	0.13
Property Plant And Equipment Gross	-0.35	0.9	0.62	0.86	-0.63	0.7	-0.86	0.35	-0.3	-0.33	0.9	-0.13	-0.15	0.31	0.67	-0.47	0.0	-0.36	-0.42	-0.74	-0.41	-0.26		0.81	-0.36	0.46
Short Term Debt	-0.46	0.71	0.28	0.64	-0.56	0.6	-0.62	0.37	-0.32	-0.36	0.68	-0.42	-0.49	0.22	0.36	-0.58	-0.16	-0.46	-0.24	-0.59	-0.26	-0.16	0.81		-0.51	0.39
Inventory	0.76	-0.25	0.02	-0.2	0.59	-0.32	0.23	0.22	0.17	0.28	-0.27	0.38	0.67	-0.1	0.03	0.63	0.56	0.77	0.01	0.57	0.35	0.36	-0.36	-0.51		0.31
Current Deferred Revenue	0.4	0.42	0.17	0.34	0.13	0.1	-0.48	0.45	0.16	0.19	0.56	0.17	0.18	0.32	0.32	0.27	0.38	0.31	-0.01	0.21	0.09	0.13	0.46	0.39	0.31

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Excellon Resources Account Relationship Matchups

Excellon Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	55.2M	73.3M	41.6M	26.7M	16.6M	15.8M
Short Long Term Debt Total	1.3M	8.1M	9.7M	11.5M	12.0M	9.3M
Other Current Liab	4.4M	3.9M	28.1M	28.0M	6.2M	6.3M
Total Current Liabilities	9.1M	12.0M	34.2M	46.5M	25.7M	27.0M
Total Stockholder Equity	42.2M	50.4M	(4.5M)	(21.9M)	(9.8M)	(9.3M)
Net Debt	(5.1M)	(267K)	5.6M	10.0M	11.3M	11.9M
Retained Earnings	(88.4M)	(104.4M)	(162.2M)	(181.0M)	(174.5M)	(165.7M)
Accounts Payable	2.7M	4.3M	4.0M	4.6M	4.5M	3.2M
Cash	6.3M	8.4M	4.1M	1.5M	691K	656.5K
Cash And Short Term Investments	6.7M	10.7M	4.5M	1.5M	744K	706.8K
Common Stock Shares Outstanding	20.7M	28.9M	32.7M	34.9M	42.9M	45.0M
Liabilities And Stockholders Equity	55.2M	73.3M	41.6M	26.7M	16.6M	15.8M
Non Current Liabilities Total	3.8M	10.8M	11.9M	2.1M	748K	710.6K
Other Current Assets	5.2M	6.9M	5.3M	3.8M	497K	472.2K
Other Stockholder Equity	28.7M	34.0M	34.6M	34.8M	33.7M	32.4M
Total Liab	13.0M	22.8M	46.0M	48.6M	26.5M	16.8M
Total Current Assets	16.8M	21.8M	12.2M	5.9M	1.2M	1.2M
Accumulated Other Comprehensive Income	(13.0M)	(15.4M)	(15.9M)	(16.7M)	(12.5M)	(11.8M)
Property Plant And Equipment Net	27.5M	46.3M	29.3M	20.7M	15.4M	26.3M
Non Current Assets Total	38.4M	51.5M	29.3M	20.7M	15.4M	14.6M
Non Currrent Assets Other	34.7M	38.4M	(29.3M)	(20.7M)	41K	39.0K
Net Receivables	2.3M	1.8M	326K	690K	180K	171K
Short Term Investments	348K	2.4M	454K	5K	53K	50.4K
Property Plant And Equipment Gross	27.5M	46.3M	96.0M	100.6M	115.7M	121.4M
Short Term Debt	489K	405K	212K	11.5M	12.0M	12.6M
Inventory	2.6M	2.4M	2.1M	1.8M	303K	287.9K
Common Stock Total Equity	103.6M	106.8M	114.8M	136.2M	156.6M	96.9M
Common Stock	114.8M	136.2M	139.0M	141.1M	143.4M	113.5M
Other Liab	2.2M	3.1M	3.1M	2.4M	2.2M	3.1M
Net Tangible Assets	40.2M	42.2M	50.4M	(4.5M)	(4.0M)	(3.8M)
Intangible Assets	2.7M	20.5M	20.3M	20.5M	23.6M	12.1M
Property Plant Equipment	27.5M	46.3M	29.3M	229K	206.1K	195.8K
Long Term Debt Total	788K	7.7M	9.5M	47K	54.1K	51.3K
Capital Surpluse	28.7M	34.0M	34.6M	34.8M	40.0M	29.3M
Cash And Equivalents	6.3M	8.4M	4.1M	1.5M	1.3M	1.3M
Net Invested Capital	42.2M	57.7M	4.8M	(10.6M)	2.1M	2.0M

Pair Trading with Excellon Resources

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 Excellon Resources 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 Excellon Resources will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Excellon Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Excellon Resources 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 Excellon Resources - 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 Excellon Resources to buy it.

The correlation of Excellon Resources 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 Excellon Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Excellon Resources 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 Excellon Resources 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 Correlation Correlation Matching

Other Information on Investing in Excellon Stock

Balance Sheet is a snapshot of the financial position of Excellon Resources at a specified time, usually calculated after every quarter, six months, or one year. Excellon Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Excellon Resources 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 Excellon currently owns. An asset can also be divided into two categories, current and non-current.

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Excellon Pb Ratio vs Price To Sales Ratio Analysis

Pb Ratio vs Price To Sales Ratio

Pb Ratio vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Pb Ratio

Price To Sales Ratio

Excellon Resources fundamental ratios Correlations

Excellon Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Excellon Resources fundamental ratios Accounts

Pair Trading with Excellon Resources

Other Information on Investing in Excellon Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.97	Total Assets
Cash And Short Term Investments	+ 0.97	Cash
Total Current Assets	+ 0.93	Total Assets
Total Liab	+ 0.91	Other Current Liab
Total Liab	+ 0.91	Total Current Liabilities
Property Plant And Equipment Gross	+ 0.9	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.96	Retained Earnings
Retained Earnings	- 0.92	Total Current Liabilities
Retained Earnings	- 0.88	Short Long Term Debt Total
Property Plant And Equipment Gross	- 0.86	Retained Earnings
Cash And Short Term Investments	- 0.86	Net Debt
Cash	- 0.85	Net Debt