Metalla Invested Capital vs Price To Sales Ratio Analysis
MTA Stock | CAD 4.29 0.06 1.42% |
Metalla Royalty financial indicator trend analysis is infinitely more than just investigating Metalla Royalty Streaming recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Metalla Royalty Streaming is a good investment. Please check the relationship between Metalla Royalty Invested Capital and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metalla Royalty Streaming. 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.
Invested Capital vs Price To Sales Ratio
Invested Capital vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Metalla Royalty Streaming Invested Capital account and Price To Sales Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Metalla Royalty's Invested Capital and Price To Sales Ratio is 0.87. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Metalla Royalty Streaming, assuming nothing else is changed. The correlation between historical values of Metalla Royalty's Invested Capital 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 Invested Capital of Metalla Royalty Streaming 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 Invested Capital i.e., Metalla Royalty's Invested Capital and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Metalla Royalty Streaming. There are two different methods for calculating Metalla Royalty Streaming invested capital: operating approach and financing approach. Understanding Metalla Royalty invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Metalla Royalty Streaming stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Metalla Royalty sales, a figure that is much harder to manipulate than other Metalla Royalty Streaming 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 Metalla Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Metalla Royalty Streaming 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 Metalla Royalty Streaming. 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, Metalla Royalty's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 1.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.9 M in 2024.
Metalla Royalty fundamental ratios Correlations
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Metalla Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Metalla Royalty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 47.1M | 50.3M | 112.6M | 130.9M | 276.0M | 289.8M | |
Other Current Liab | 241.5K | 372.0K | 57.5K | 63.5K | 57.1K | 54.3K | |
Total Current Liabilities | 1.3M | 1.8M | 1.1M | 6.5M | 7.0M | 7.3M | |
Total Stockholder Equity | 43.7M | 45.2M | 100.6M | 118.6M | 252.9M | 265.5M | |
Property Plant And Equipment Net | 41.6M | 45.1M | 102.9M | 120.7M | 257.8M | 270.7M | |
Net Debt | (1.3M) | (69.4K) | 8.2M | 6.0M | 518K | 839.3K | |
Retained Earnings | (28.4M) | (35.0M) | (45.4M) | (56.3M) | (63.4M) | (60.2M) | |
Cash | 3.4M | 3.4M | 2.3M | 4.6M | 14.1M | 14.8M | |
Non Current Assets Total | 43.2M | 46.5M | 106.1M | 121.3M | 258.4M | 271.3M | |
Cash And Short Term Investments | 3.4M | 3.4M | 2.3M | 4.6M | 5.2M | 5.5M | |
Common Stock Shares Outstanding | 25.7M | 33.9M | 42.6M | 44.8M | 90.9M | 95.4M | |
Liabilities And Stockholders Equity | 47.1M | 50.3M | 112.6M | 130.9M | 150.5M | 158.0M | |
Other Current Assets | 216.7K | 2.4M | 739.7K | 1.3M | 734K | 422.0K | |
Other Stockholder Equity | 7.4M | 6.9M | 11.2M | 12.1M | 10.8M | 11.4M | |
Total Liab | 3.4M | 5.1M | 12.1M | 12.3M | 23.1M | 24.3M | |
Total Current Assets | 3.8M | 10.3M | 6.5M | 9.6M | 17.7M | 18.5M | |
Short Long Term Debt Total | 2.1M | 3.3M | 10.5M | 10.6M | 12.2M | 12.8M | |
Non Current Liabilities Total | 107.3K | 3.8M | 11.0M | 5.8M | 16.2M | 17.0M | |
Common Stock | 66.5M | 98.1M | 133.9M | 161.7M | 186.0M | 195.2M | |
Accounts Payable | 937.6K | 1.4M | 1.0M | 1.2M | 5.1M | 5.3M | |
Net Receivables | 167.3K | 1.8M | 1.3M | 1.5M | 2.5M | 2.6M | |
Net Tangible Assets | 59.2M | 48.1M | 74.4M | 100.6M | 115.6M | 121.4M | |
Net Invested Capital | 45.8M | 48.5M | 111.1M | 129.1M | 267.5M | 280.9M | |
Long Term Investments | 2.2M | 2.0M | 1.3M | 595.0K | 450K | 427.5K | |
Accumulated Other Comprehensive Income | 5.5M | 7.1M | 12.1M | 13.2M | 15.2M | 8.7M | |
Net Working Capital | 637.7K | 2.4M | 5.4M | 3.0M | 10.7M | 11.2M | |
Other Liab | 145.2K | 506.3K | 511.4K | 468.1K | 538.3K | 402.2K |
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When running Metalla Royalty's price analysis, check to measure Metalla Royalty'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 Metalla Royalty is operating at the current time. Most of Metalla Royalty's value examination focuses on studying past and present price action to predict the probability of Metalla Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalla Royalty's price. Additionally, you may evaluate how the addition of Metalla Royalty to your portfolios can decrease your overall portfolio volatility.