| KWE Stock | | | CAD 0.90 0.02 2.17% |
Kwesst Micro financial indicator trend analysis is infinitely more than just investigating Kwesst Micro Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kwesst Micro Systems is a good investment. Please check the relationship between Kwesst Micro Free Cash Flow Per Share and its Price To Sales Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kwesst Micro Systems. 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.
Free Cash Flow Per Share vs Price To Sales Ratio
Free Cash Flow Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kwesst Micro Systems Free Cash Flow Per Share account and
Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kwesst Micro's Free Cash Flow Per Share and Price To Sales Ratio is -0.46. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Kwesst Micro Systems, assuming nothing else is changed. The correlation between historical values of Kwesst Micro's Free Cash Flow Per Share 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 Free Cash Flow Per Share of Kwesst Micro Systems 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 Free Cash Flow Per Share i.e., Kwesst Micro's Free Cash Flow Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.46 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Kwesst Micro Systems stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Kwesst Micro sales, a figure that is much harder to manipulate than other Kwesst Micro Systems 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 Kwesst Micro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kwesst Micro Systems 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kwesst Micro Systems. 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, Kwesst Micro's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 28.6
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.77 in 2024.
Kwesst Micro fundamental ratios Correlations
Click cells to compare fundamentals
Kwesst Micro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kwesst Micro fundamental ratios Accounts
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Additional Tools for Kwesst Stock Analysis
When running Kwesst Micro's price analysis, check to
measure Kwesst Micro'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 Kwesst Micro is operating at the current time. Most of Kwesst Micro's value examination focuses on studying past and present price action to
predict the probability of Kwesst Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kwesst Micro's price. Additionally, you may evaluate how the addition of Kwesst Micro to your portfolios can decrease your overall portfolio volatility.