NTG Ev To Sales vs Price To Sales Ratio Analysis

NCI Stock  CAD 1.57  0.02  1.29%   
NTG Clarity financial indicator trend analysis is infinitely more than just investigating NTG Clarity Networks recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NTG Clarity Networks is a good investment. Please check the relationship between NTG Clarity Ev To Sales and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NTG Clarity Networks. 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.

Ev To Sales vs Price To Sales Ratio

Ev To Sales vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NTG Clarity Networks Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between NTG Clarity's Ev To Sales and Price To Sales Ratio is 1.0. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of NTG Clarity Networks, assuming nothing else is changed. The correlation between historical values of NTG Clarity's Ev To Sales 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 Ev To Sales of NTG Clarity Networks 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 Ev To Sales i.e., NTG Clarity's Ev To Sales and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing NTG Clarity Networks stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on NTG Clarity sales, a figure that is much harder to manipulate than other NTG Clarity Networks 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 NTG Clarity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NTG Clarity Networks 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 NTG Clarity Networks. 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.
Sales General And Administrative To Revenue is likely to climb to 0.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue11.9M17.7M27.7M29.1M
Depreciation And Amortization244.1K438.2K587K310.9K

NTG Clarity fundamental ratios Correlations

-0.07-0.440.140.690.18-0.140.51-0.180.060.580.350.930.55-0.410.290.18-0.21-0.190.950.410.550.270.39-0.13-0.26
-0.070.460.8-0.720.430.98-0.840.72-0.930.28-0.620.050.230.680.08-0.7-0.780.97-0.130.350.150.56-0.57-0.910.22
-0.440.460.18-0.73-0.020.45-0.780.18-0.35-0.04-0.28-0.53-0.280.8-0.46-0.26-0.140.61-0.57-0.46-0.01-0.01-0.76-0.40.13
0.140.80.18-0.50.070.79-0.550.54-0.850.02-0.530.310.560.210.27-0.53-0.840.70.120.72-0.10.57-0.07-0.620.32
0.69-0.72-0.73-0.5-0.08-0.740.96-0.60.680.280.620.580.26-0.790.210.570.45-0.810.710.120.34-0.250.70.53-0.35
0.180.43-0.020.07-0.080.36-0.270.47-0.280.640.00.120.060.41-0.06-0.42-0.180.420.11-0.020.480.37-0.51-0.59-0.12
-0.140.980.450.79-0.740.36-0.840.7-0.920.24-0.760.00.240.650.09-0.66-0.750.94-0.220.360.140.47-0.52-0.870.25
0.51-0.84-0.78-0.550.96-0.27-0.84-0.660.740.010.590.440.13-0.880.260.580.5-0.920.580.10.09-0.310.790.7-0.27
-0.180.720.180.54-0.60.470.7-0.66-0.590.16-0.4-0.060.060.57-0.16-0.31-0.490.76-0.170.150.050.4-0.43-0.640.18
0.06-0.93-0.35-0.850.68-0.28-0.920.74-0.59-0.070.62-0.11-0.21-0.54-0.290.80.87-0.870.08-0.460.08-0.630.440.78-0.37
0.580.28-0.040.020.280.640.240.010.16-0.070.00.430.410.14-0.010.030.00.20.40.110.97-0.02-0.14-0.49-0.39
0.35-0.62-0.28-0.530.620.0-0.760.59-0.40.620.00.16-0.17-0.36-0.110.360.45-0.550.45-0.310.0-0.060.210.46-0.29
0.930.05-0.530.310.580.120.00.44-0.06-0.110.430.160.6-0.430.380.09-0.42-0.090.950.590.390.440.44-0.18-0.09
0.550.23-0.280.560.260.060.240.130.06-0.210.41-0.170.6-0.420.180.09-0.250.060.490.810.370.060.5-0.130.04
-0.410.680.80.21-0.790.410.65-0.880.57-0.540.14-0.36-0.43-0.42-0.37-0.47-0.340.82-0.49-0.450.080.29-0.96-0.690.15
0.290.08-0.460.270.21-0.060.090.26-0.16-0.29-0.01-0.110.380.18-0.37-0.45-0.33-0.110.330.58-0.090.220.36-0.120.18
0.18-0.7-0.26-0.530.57-0.42-0.660.58-0.310.80.030.360.090.09-0.47-0.450.66-0.640.18-0.250.21-0.630.530.66-0.21
-0.21-0.78-0.14-0.840.45-0.18-0.750.5-0.490.870.00.45-0.42-0.25-0.34-0.330.66-0.71-0.25-0.520.14-0.870.270.73-0.29
-0.190.970.610.7-0.810.420.94-0.920.76-0.870.2-0.55-0.090.060.82-0.11-0.64-0.71-0.240.130.090.54-0.71-0.880.24
0.95-0.13-0.570.120.710.11-0.220.58-0.170.080.40.450.950.49-0.490.330.18-0.25-0.240.450.350.380.46-0.03-0.16
0.410.35-0.460.720.12-0.020.360.10.15-0.460.11-0.310.590.81-0.450.58-0.25-0.520.130.450.020.310.54-0.20.18
0.550.15-0.01-0.10.340.480.140.090.050.080.970.00.390.370.08-0.090.210.140.090.350.02-0.19-0.07-0.37-0.45
0.270.56-0.010.57-0.250.370.47-0.310.4-0.63-0.02-0.060.440.060.290.22-0.63-0.870.540.380.31-0.19-0.33-0.610.17
0.39-0.57-0.76-0.070.7-0.51-0.520.79-0.430.44-0.140.210.440.5-0.960.360.530.27-0.710.460.54-0.07-0.330.64-0.04
-0.13-0.91-0.4-0.620.53-0.59-0.870.7-0.640.78-0.490.46-0.18-0.13-0.69-0.120.660.73-0.88-0.03-0.2-0.37-0.610.64-0.01
-0.260.220.130.32-0.35-0.120.25-0.270.18-0.37-0.39-0.29-0.090.040.150.18-0.21-0.290.24-0.160.18-0.450.17-0.04-0.01
Click cells to compare fundamentals

NTG Clarity Account Relationship Matchups

NTG Clarity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8M3.2M6.5M8.2M12.4M7.0M
Short Long Term Debt Total7.1M8.4M7.9M8.0M8.8M9.2M
Other Current Liab3.6M3.4M4.4M5.5M2.8M1.6M
Total Current Liabilities7.1M8.5M7.8M8.3M8.9M5.3M
Total Stockholder Equity(12.1M)(12.5M)(7.9M)(6.8M)(3.2M)(3.1M)
Property Plant And Equipment Net179.2K158.0K283.8K251.3K935.5K982.3K
Net Debt7.1M8.3M7.7M7.2M8.4M8.9M
Retained Earnings(23.2M)(24.8M)(23.4M)(22.2M)(20.5M)(19.4M)
Accounts Payable3.5M3.7M2.2M1.5M4.0M4.2M
Cash31.1K145.2K158.9K725.0K358.1K614.9K
Non Current Assets Total179.2K1.0M2.5M3.5M5.5M5.8M
Cash And Short Term Investments31.1K145.2K158.9K725.0K358.4K608.0K
Net Receivables2.4M1.9M3.8M3.9M6.4M4.5M
Common Stock Shares Outstanding11.2M20.0M32.0M33.1M41.0M32.7M
Liabilities And Stockholders Equity2.8M3.2M6.5M8.2M12.4M7.0M
Non Current Liabilities Total7.8M7.2M6.6M6.7M6.7M7.0M
Inventory96.2K39.7K7.3K8.7K0.90.86
Other Current Assets85.7K60.2K55.8K86.8K129.8K97.7K
Other Stockholder Equity1.8M1.8M2.3M2.6M2.7M4.0M
Total Liab14.9M15.7M14.4M14.9M15.6M16.4M
Total Current Assets2.6M2.2M4.0M4.7M6.9M5.3M
Short Term Debt5.2K1.2M1.2M1.3M2.1M2.3M
Intangible Assets44.7K860.6K2.2M3.2M4.5M4.7M
Accumulated Other Comprehensive Income(891.0K)(357.2K)(363.3K)(822.8K)(216.7K)(227.6K)
Current Deferred Revenue142.5K16.5K133.8K1.01.151.21
Non Currrent Assets Other300.0K(44.7K)(262.0)(44.7K)(40.2K)(38.2K)
Short Term Investments85.7K60.2K55.8K17.4K293.0278.35
Other Liab928.0K689.7K(1.0)39.0K44.9K42.6K
Net Tangible Assets(4.4M)(12.1M)(13.4M)(10.1M)(9.1M)(8.7M)
Short Long Term Debt566.7K1.2M1.2M1.2M1.1M1.1M
Common Stock10.1M10.8M13.6M13.6M14.7M11.8M
Property Plant Equipment177.3K134.5K113.1K239.1K275.0K189.1K
Capital Lease Obligations5.2K1.6K113.1K39.0K44.9K30.3K
Net Invested Capital(5.0M)(4.1M)(162.6K)1.1M1.0M1.1M
Net Working Capital(4.5M)(6.3M)(3.8M)(3.6M)(4.1M)(4.3M)
Capital Stock10.1M10.8M13.6M13.6M15.6M12.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for NTG Stock Analysis

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