Gladstone Payables Turnover vs Price To Sales Ratio Analysis
| GLADZ Stock | 25.20 0.02 0.08% |
Gladstone Capital financial indicator trend analysis is much more than just examining Gladstone Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gladstone Capital is a good investment. Please check the relationship between Gladstone Capital Payables Turnover and its Price To Sales Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gladstone Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Gladstone Stock please use our How to Invest in Gladstone Capital guide.
Payables Turnover vs Price To Sales Ratio
Payables Turnover vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gladstone Capital Payables Turnover account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gladstone Capital's Payables Turnover and Price To Sales Ratio is 0.59. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Gladstone Capital, assuming nothing else is changed. The correlation between historical values of Gladstone Capital's Payables Turnover 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 Payables Turnover of Gladstone Capital 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 Payables Turnover i.e., Gladstone Capital's Payables Turnover and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.59 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Gladstone Capital stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Gladstone Capital sales, a figure that is much harder to manipulate than other Gladstone Capital 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.Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Gladstone Stock Analysis
When running Gladstone Capital's price analysis, check to measure Gladstone Capital'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 Gladstone Capital is operating at the current time. Most of Gladstone Capital's value examination focuses on studying past and present price action to predict the probability of Gladstone Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gladstone Capital's price. Additionally, you may evaluate how the addition of Gladstone Capital to your portfolios can decrease your overall portfolio volatility.