Gossan Price To Sales Ratio vs Ev To Sales Analysis

GSS Stock  CAD 0.02  0.00  0.00%   
Gossan Resources financial indicator trend analysis is much more than just examining Gossan Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gossan Resources is a good investment. Please check the relationship between Gossan Resources Price To Sales Ratio and its Ev To Sales accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gossan 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.

Price To Sales Ratio vs Ev To Sales

Price To Sales Ratio vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gossan Resources Price To Sales Ratio account and Ev To Sales. At this time, the significance of the direction appears to have totally related.
The correlation between Gossan Resources' Price To Sales Ratio and Ev To Sales is 1.0. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Gossan Resources, assuming nothing else is changed. The correlation between historical values of Gossan Resources' Price To Sales Ratio and Ev To Sales 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 Gossan Resources are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Price To Sales Ratio i.e., Gossan Resources' Price To Sales Ratio and Ev To Sales go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Gossan Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Gossan Resources sales, a figure that is much harder to manipulate than other Gossan 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.

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.
Most indicators from Gossan Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gossan 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gossan 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.
At this time, Gossan Resources' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 1.44 in 2024, whereas Selling General Administrative is likely to drop slightly above 327.4 K in 2024.

Gossan Resources fundamental ratios Correlations

-0.310.940.68-0.360.6-0.060.360.380.24-0.190.29-0.290.45-0.290.35-0.51-0.39-0.520.55-0.010.620.520.520.07
-0.31-0.46-0.51-0.36-0.550.790.360.320.050.38-0.31.00.380.69-0.460.380.110.5-0.370.13-0.46-0.04-0.040.2
0.94-0.460.8-0.380.76-0.180.370.390.03-0.420.39-0.460.38-0.410.34-0.66-0.37-0.640.69-0.160.720.340.34-0.07
0.68-0.510.80.030.87-0.29-0.03-0.07-0.19-0.54-0.04-0.52-0.18-0.350.14-0.45-0.16-0.370.35-0.220.43-0.01-0.01-0.16
-0.36-0.36-0.380.03-0.2-0.36-1.0-0.990.340.29-0.58-0.34-0.8-0.170.20.510.270.52-0.620.43-0.50.00.00.3
0.6-0.550.760.87-0.2-0.450.20.18-0.47-0.860.22-0.56-0.11-0.250.17-0.64-0.31-0.650.56-0.510.62-0.2-0.2-0.58
-0.060.79-0.18-0.29-0.36-0.450.350.310.160.46-0.140.790.40.12-0.450.20.040.34-0.050.07-0.250.170.170.37
0.360.360.37-0.03-1.00.20.350.99-0.35-0.290.580.340.80.17-0.21-0.51-0.27-0.520.62-0.430.50.00.0-0.3
0.380.320.39-0.07-0.990.180.310.99-0.29-0.260.630.310.840.16-0.06-0.5-0.27-0.540.65-0.390.520.090.09-0.29
0.240.050.03-0.190.34-0.470.16-0.35-0.290.75-0.180.090.25-0.080.370.33-0.180.36-0.310.82-0.210.790.790.79
-0.190.38-0.42-0.540.29-0.860.46-0.29-0.260.75-0.30.410.150.04-0.010.590.280.64-0.520.71-0.520.520.520.87
0.29-0.30.39-0.04-0.580.22-0.140.580.63-0.18-0.3-0.310.52-0.380.19-0.71-0.37-0.860.82-0.490.820.010.01-0.33
-0.291.0-0.46-0.52-0.34-0.560.790.340.310.090.41-0.310.380.69-0.450.390.110.5-0.380.15-0.470.00.00.22
0.450.380.38-0.18-0.8-0.110.40.80.840.250.150.520.380.140.11-0.33-0.33-0.290.450.090.380.470.470.2
-0.290.69-0.41-0.35-0.17-0.250.120.170.16-0.080.04-0.380.690.14-0.220.350.110.39-0.540.13-0.43-0.22-0.22-0.1
0.35-0.460.340.140.20.17-0.45-0.21-0.060.37-0.010.19-0.450.11-0.22-0.04-0.06-0.230.250.250.180.560.560.09
-0.510.38-0.66-0.450.51-0.640.2-0.51-0.50.330.59-0.710.39-0.330.35-0.040.310.83-0.80.58-0.950.130.130.44
-0.390.11-0.37-0.160.27-0.310.04-0.27-0.27-0.180.28-0.370.11-0.330.11-0.060.310.43-0.330.0-0.4-0.24-0.240.18
-0.520.5-0.64-0.370.52-0.650.34-0.52-0.540.360.64-0.860.5-0.290.39-0.230.830.43-0.880.67-0.930.10.10.59
0.55-0.370.690.35-0.620.56-0.050.620.65-0.31-0.520.82-0.380.45-0.540.25-0.8-0.33-0.88-0.590.860.090.09-0.41
-0.010.13-0.16-0.220.43-0.510.07-0.43-0.390.820.71-0.490.150.090.130.250.580.00.67-0.59-0.550.660.660.83
0.62-0.460.720.43-0.50.62-0.250.50.52-0.21-0.520.82-0.470.38-0.430.18-0.95-0.4-0.930.86-0.550.010.01-0.41
0.52-0.040.34-0.010.0-0.20.170.00.090.790.520.010.00.47-0.220.560.13-0.240.10.090.660.011.00.62
0.52-0.040.34-0.010.0-0.20.170.00.090.790.520.010.00.47-0.220.560.13-0.240.10.090.660.011.00.62
0.070.2-0.07-0.160.3-0.580.37-0.3-0.290.790.87-0.330.220.2-0.10.090.440.180.59-0.410.83-0.410.620.62
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Gossan Resources Account Relationship Matchups

Gossan Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets86.8K467.7K744.5K324.2K944.0K1.7M
Total Current Liabilities254.2K274.4K394.9K244.3K195.5K194.6K
Total Stockholder Equity(167.3K)193.4K349.6K79.9K748.4K711.0K
Net Debt(27.2K)(331.5K)(491.9K)(131.2K)(87.1K)(91.4K)
Retained Earnings(13.7M)(14.2M)(16.4M)(17.6M)(17.0M)(16.1M)
Accounts Payable34.4K108.1K291.9K140.9K83.6K87.2K
Cash27.2K331.5K491.9K131.2K87.1K82.7K
Cash And Short Term Investments27.2K331.5K491.9K131.2K192.1K182.5K
Net Receivables56.6K134.7K251.8K157.0K750.7K788.2K
Common Stock Shares Outstanding33.7M38.0M57.1M65.9M66.8M70.1M
Liabilities And Stockholders Equity86.8K467.7K744.5K324.2K944.0K1.7M
Other Stockholder Equity1.6M1.9M2.2M2.4M2.4M2.3M
Total Liab254.2K274.4K394.9K244.3K195.5K218.2K
Total Current Assets86.8K467.7K744.5K324.2K944.0K610.5K
Other Current Liab219.8K166.3K103.0K103.5K112.0K130.2K
Other Current Assets3.0K1.6K750.036.1K1.2K1.1K
Common Stock11.9M12.5M14.6M15.3M17.6M10.7M
Net Tangible Assets(167.3K)193.4K349.6K79.9K71.9K68.3K
Net Invested Capital(167.3K)193.4K349.6K79.9K748.4K785.8K
Net Working Capital(167.3K)193.4K349.6K79.9K748.4K785.8K
Capital Stock11.9M12.5M14.6M15.3M17.6M14.9M

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Additional Tools for Gossan Stock Analysis

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