Gratomic Ev To Sales vs Free Cash Flow Yield Analysis

GRAT Stock  CAD 0.05  0.01  9.09%   
Gratomic financial indicator trend analysis is much more than just examining Gratomic latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gratomic is a good investment. Please check the relationship between Gratomic Ev To Sales and its Free Cash Flow Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gratomic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Ev To Sales vs Free Cash Flow Yield

Ev To Sales vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gratomic Ev To Sales account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gratomic's Ev To Sales and Free Cash Flow Yield is -0.12. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Gratomic, assuming nothing else is changed. The correlation between historical values of Gratomic's Ev To Sales and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Gratomic are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Sales i.e., Gratomic's Ev To Sales and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Gratomic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gratomic 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 Gratomic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Selling General Administrative is likely to drop to about 2.9 M in 2024. Issuance Of Capital Stock is likely to drop to about 3.3 M in 2024
 2010 2018 2023 2024 (projected)
Cost Of Revenue43.7K70.7K81.3K62.9K
Depreciation And Amortization43.7K70.7K81.3K62.9K

Gratomic fundamental ratios Correlations

0.840.99-0.970.850.990.970.870.860.40.280.051.00.110.160.640.99-0.230.880.60.60.47-0.640.990.980.99
0.840.79-0.850.970.840.880.821.00.00.59-0.270.88-0.180.10.340.88-0.350.970.480.480.32-0.860.850.880.86
0.990.79-0.980.80.990.960.870.810.430.250.070.990.120.150.670.99-0.230.830.560.560.45-0.590.990.970.99
-0.97-0.85-0.98-0.86-0.97-0.98-0.93-0.87-0.25-0.420.11-0.980.05-0.15-0.66-0.980.35-0.88-0.46-0.46-0.420.63-0.98-0.99-0.98
0.850.970.8-0.860.830.870.820.980.020.57-0.270.88-0.20.150.310.88-0.320.960.480.480.38-0.770.850.880.86
0.990.840.99-0.970.830.950.870.850.40.290.040.990.10.150.660.99-0.240.850.550.550.42-0.660.990.980.99
0.970.880.96-0.980.870.950.910.890.290.36-0.040.980.030.130.590.98-0.270.90.560.560.45-0.70.980.980.97
0.870.820.87-0.930.820.870.910.830.060.55-0.290.89-0.230.220.550.89-0.370.80.310.310.36-0.670.890.930.88
0.861.00.81-0.870.980.850.890.830.020.58-0.260.89-0.180.090.350.89-0.350.970.480.480.32-0.850.860.90.87
0.40.00.43-0.250.020.40.290.060.02-0.750.910.310.920.20.40.310.590.020.590.590.450.050.370.230.34
0.280.590.25-0.420.570.290.360.550.58-0.75-0.930.37-0.89-0.070.120.37-0.810.57-0.22-0.22-0.16-0.520.310.440.34
0.05-0.270.070.11-0.270.04-0.04-0.29-0.260.91-0.93-0.051.00.110.11-0.050.78-0.270.460.460.320.230.02-0.12-0.02
1.00.880.99-0.980.880.990.980.890.890.310.37-0.050.020.140.621.0-0.30.910.560.560.43-0.680.990.990.99
0.11-0.180.120.05-0.20.10.03-0.23-0.180.92-0.891.00.020.120.130.020.76-0.20.50.50.340.140.09-0.050.05
0.160.10.15-0.150.150.150.130.220.090.2-0.070.110.140.120.120.130.090.060.220.220.480.140.120.090.12
0.640.340.67-0.660.310.660.590.550.350.40.120.110.620.130.120.62-0.360.360.290.290.35-0.170.650.620.67
0.990.880.99-0.980.880.990.980.890.890.310.37-0.051.00.020.130.62-0.30.910.560.560.43-0.680.990.990.99
-0.23-0.35-0.230.35-0.32-0.24-0.27-0.37-0.350.59-0.810.78-0.30.760.09-0.36-0.3-0.410.220.220.350.24-0.24-0.35-0.3
0.880.970.83-0.880.960.850.90.80.970.020.57-0.270.91-0.20.060.360.91-0.410.520.520.33-0.770.870.90.89
0.60.480.56-0.460.480.550.560.310.480.59-0.220.460.560.50.220.290.560.220.521.00.63-0.350.550.470.56
0.60.480.56-0.460.480.550.560.310.480.59-0.220.460.560.50.220.290.560.220.521.00.63-0.350.550.470.56
0.470.320.45-0.420.380.420.450.360.320.45-0.160.320.430.340.480.350.430.350.330.630.63-0.080.430.370.44
-0.64-0.86-0.590.63-0.77-0.66-0.7-0.67-0.850.05-0.520.23-0.680.140.14-0.17-0.680.24-0.77-0.35-0.35-0.08-0.67-0.71-0.67
0.990.850.99-0.980.850.990.980.890.860.370.310.020.990.090.120.650.99-0.240.870.550.550.43-0.670.991.0
0.980.880.97-0.990.880.980.980.930.90.230.44-0.120.99-0.050.090.620.99-0.350.90.470.470.37-0.710.990.99
0.990.860.99-0.980.860.990.970.880.870.340.34-0.020.990.050.120.670.99-0.30.890.560.560.44-0.671.00.99
Click cells to compare fundamentals

Gratomic Account Relationship Matchups

Gratomic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6M10.0M23.1M26.7M27.5M28.8M
Total Current Liabilities1.1M1.3M827.3K3.0M5.0M5.3M
Total Stockholder Equity5.9M6.9M22.1M23.1M21.9M23.0M
Retained Earnings(16.9M)(20.5M)(77.1M)(85.3M)(90.6M)(86.1M)
Accounts Payable735.7K540.2K476.0K1.8M2.1M2.2M
Net Receivables262.8K367.2K1.0M993.9K1.1M1.2M
Common Stock Shares Outstanding34.2M49.5M144.9M179.4M200.3M210.3M
Liabilities And Stockholders Equity8.6M10.0M23.1M26.7M30.7M32.2M
Other Stockholder Equity3.2M3.0M3.9M18.2M20.9M21.9M
Total Liab1.2M1.4M979.8K3.6M5.6M5.9M
Total Current Assets407.3K1.7M2.4M1.4M580.1K929.5K
Net Debt(127.1K)(545.3K)(682.1K)218.2K1.0M1.1M
Cash127.1K1.1M998.5K252.0K52.4K49.8K
Non Current Assets Total8.2M8.2M20.7M25.3M26.9M28.2M
Cash And Short Term Investments127.1K1.1M998.5K252.0K289.8K275.3K
Property Plant And Equipment Net8.1M8.2M20.5M25.2M26.8M28.2M
Non Currrent Assets Other7.1M154.5K209.4K47.7K54.8K52.1K
Other Current Liab1.1M737.4K510.9K2.5M2.9M3.0M
Accumulated Other Comprehensive Income3.0M3.9M18.2M19.3M22.2M23.3M
Net Tangible Assets8.7M5.9M6.9M22.1M25.5M26.7M
Common Stock19.8M23.6M81.1M89.1M102.4M107.6M
Property Plant Equipment7.1M8.1M8.2M20.5M23.6M24.8M
Net Invested Capital5.9M7.5M22.4M23.6M22.9M15.2M
Net Working Capital(710.0K)437.2K1.6M(1.6M)(4.4M)(4.2M)
Capital Stock19.8M23.6M81.1M89.1M92.7M59.7M

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Additional Tools for Gratomic Stock Analysis

When running Gratomic's price analysis, check to measure Gratomic'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 Gratomic is operating at the current time. Most of Gratomic's value examination focuses on studying past and present price action to predict the probability of Gratomic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gratomic's price. Additionally, you may evaluate how the addition of Gratomic to your portfolios can decrease your overall portfolio volatility.