Flywire Interest Coverage vs Price To Sales Ratio Analysis
FLYW Stock | USD 22.71 0.59 2.53% |
Flywire Corp financial indicator trend analysis is much more than just examining Flywire Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flywire Corp is a good investment. Please check the relationship between Flywire Corp Interest Coverage and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flywire 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 manufacturing. For more information on how to buy Flywire Stock please use our How to Invest in Flywire Corp guide.
Interest Coverage vs Price To Sales Ratio
Interest Coverage vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flywire Corp Interest Coverage account and Price To Sales Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Flywire Corp's Interest Coverage and Price To Sales Ratio is 0.86. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Flywire Corp, assuming nothing else is changed. The correlation between historical values of Flywire Corp's Interest Coverage 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 Interest Coverage of Flywire Corp 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 Interest Coverage i.e., Flywire Corp's Interest Coverage and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Coverage
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Flywire Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Flywire Corp sales, a figure that is much harder to manipulate than other Flywire 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.Most indicators from Flywire Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flywire 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 Flywire 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 manufacturing. For more information on how to buy Flywire Stock please use our How to Invest in Flywire Corp guide.At this time, Flywire Corp's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.34 in 2024, whereas Selling General Administrative is likely to drop slightly above 72.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 1.2M | 3.7M | 2.6M | Depreciation And Amortization | 9.2M | 14.1M | 17.6M | 11.4M |
Flywire Corp fundamental ratios Correlations
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Flywire Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Flywire Corp's price analysis, check to measure Flywire Corp'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 Flywire Corp is operating at the current time. Most of Flywire Corp's value examination focuses on studying past and present price action to predict the probability of Flywire Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flywire Corp's price. Additionally, you may evaluate how the addition of Flywire Corp to your portfolios can decrease your overall portfolio volatility.