GDEV Price To Sales Ratio vs Interest Coverage Analysis
| GDEV Stock | USD 22.32 0.12 0.54% |
GDEV financial indicator trend analysis is much more than just examining GDEV Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GDEV Inc is a good investment. Please check the relationship between GDEV Price To Sales Ratio and its Interest Coverage accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDEV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Price To Sales Ratio vs Interest Coverage
Price To Sales Ratio vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GDEV Inc Price To Sales Ratio account and Interest Coverage. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between GDEV's Price To Sales Ratio and Interest Coverage is -0.65. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of GDEV Inc, assuming nothing else is changed. The correlation between historical values of GDEV's Price To Sales Ratio and Interest Coverage 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 GDEV Inc are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Price To Sales Ratio i.e., GDEV's Price To Sales Ratio and Interest Coverage go up and down completely randomly.
Correlation Coefficient | -0.65 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing GDEV Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on GDEV sales, a figure that is much harder to manipulate than other GDEV Inc 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.Interest Coverage
Most indicators from GDEV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GDEV Inc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GDEV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, GDEV's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 6.92 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.5 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 6.9M | 801K | 1.5M | 2.5M | Tax Provision | 1.1M | 3.8M | 2.0M | 1.7M |
GDEV fundamental ratios Correlations
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GDEV Account Relationship Matchups
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Additional Tools for GDEV Stock Analysis
When running GDEV's price analysis, check to measure GDEV'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 GDEV is operating at the current time. Most of GDEV's value examination focuses on studying past and present price action to predict the probability of GDEV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDEV's price. Additionally, you may evaluate how the addition of GDEV to your portfolios can decrease your overall portfolio volatility.