KWESST Roic vs Price To Sales Ratio Analysis
| KWE Stock | 0.63 0.02 3.28% |
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 Roic 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 housing.
Roic vs Price To Sales Ratio
Roic 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 Roic account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between KWESST Micro's Roic and Price To Sales Ratio is 0.39. Overlapping area represents the amount of variation of Roic 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 Roic 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 Roic 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 Roic i.e., KWESST Micro's Roic and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.39 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.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 housing. At present, KWESST Micro's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 78.8 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.77.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 512.0K | 723.5K | 832.1K | 873.7K | Depreciation And Amortization | 326.5K | 952.5K | 1.1M | 1.2M |
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
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 325.2K | 506.5K | 3.5M | 5.9M | 6.8M | 7.1M | |
| Total Current Liabilities | 1.1M | 1.2M | 6.9M | 6.4M | 7.3M | 7.7M | |
| Net Tangible Assets | (233.4K) | 3.2M | 2.7M | (5.7M) | (5.2M) | (4.9M) | |
| Retained Earnings | (6.1M) | (15.4M) | (25.9M) | (35.2M) | (31.7M) | (30.1M) | |
| Accounts Payable | 493.0K | 620.0K | 2.3M | 367.1K | 422.2K | 735.5K | |
| Net Receivables | 209.2K | 699.3K | 171.9K | 73.7K | 66.4K | 63.0K | |
| Total Current Assets | 4.0M | 4.1M | 1.5M | 6.8M | 7.9M | 8.3M | |
| Common Stock | 9.4M | 17.2M | 19.5M | 33.4M | 38.4M | 40.3M | |
| Property Plant Equipment | 252.6K | 501.7K | 1.2M | 1.0M | 1.2M | 724.4K |
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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.When determining whether KWESST Micro Systems is a strong investment it is important to analyze KWESST Micro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KWESST Micro's future performance. For an informed investment choice regarding KWESST Stock, refer to the following important reports: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 housing. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KWESST Micro. If investors know KWESST will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KWESST Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.14) | Revenue Per Share 2.384 | Quarterly Revenue Growth 1.193 | Return On Assets (0.78) | Return On Equity (2.22) |
The market value of KWESST Micro Systems is measured differently than its book value, which is the value of KWESST that is recorded on the company's balance sheet. Investors also form their own opinion of KWESST Micro's value that differs from its market value or its book value, called intrinsic value, which is KWESST Micro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KWESST Micro's market value can be influenced by many factors that don't directly affect KWESST Micro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KWESST Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if KWESST Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KWESST Micro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.