Nicola Ev To Sales vs Price To Sales Ratio Analysis

NIM Stock  CAD 0.27  0.01  3.57%   
Nicola Mining financial indicator trend analysis is infinitely more than just investigating Nicola Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nicola Mining is a good investment. Please check the relationship between Nicola Mining 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 Nicola Mining. 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 Nicola Mining 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 Nicola Mining'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 Nicola Mining, assuming nothing else is changed. The correlation between historical values of Nicola Mining'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 Nicola Mining 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., Nicola Mining'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 Nicola Mining stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nicola Mining sales, a figure that is much harder to manipulate than other Nicola Mining 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 Nicola Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nicola Mining 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 Nicola Mining. 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.
Enterprise Value is likely to climb to about 46.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.

Nicola Mining fundamental ratios Correlations

0.29-0.120.150.650.060.060.240.490.990.490.720.00.410.230.510.820.140.98-0.420.360.330.46-0.090.320.09
0.290.770.92-0.40.930.010.82-0.230.33-0.230.5-0.330.590.60.810.050.890.39-0.54-0.340.43-0.32-0.41-0.360.4
-0.120.770.85-0.690.750.110.71-0.22-0.11-0.220.17-0.280.470.450.63-0.110.74-0.06-0.34-0.440.26-0.46-0.48-0.410.44
0.150.920.85-0.430.90.20.79-0.320.19-0.320.45-0.420.520.610.67-0.060.950.22-0.32-0.60.22-0.48-0.59-0.490.6
0.65-0.4-0.69-0.43-0.440.34-0.30.280.650.280.47-0.04-0.05-0.15-0.320.49-0.380.60.060.22-0.150.29-0.050.20.06
0.060.930.750.9-0.440.140.76-0.560.14-0.560.48-0.450.410.520.57-0.280.90.18-0.41-0.570.29-0.55-0.51-0.580.51
0.060.010.110.20.340.140.3-0.360.1-0.360.46-0.820.150.27-0.3-0.090.190.040.39-0.59-0.6-0.55-0.9-0.620.88
0.240.820.710.79-0.30.760.3-0.170.26-0.170.53-0.670.70.870.640.130.690.3-0.43-0.360.27-0.41-0.59-0.50.59
0.49-0.23-0.22-0.320.28-0.56-0.36-0.170.371.0-0.140.470.23-0.020.30.86-0.410.38-0.180.740.270.730.450.76-0.47
0.990.33-0.110.190.650.140.10.260.370.370.77-0.040.370.230.490.730.210.99-0.40.280.310.39-0.140.240.14
0.49-0.23-0.22-0.320.28-0.56-0.36-0.171.00.37-0.140.470.23-0.020.30.86-0.410.38-0.180.740.270.730.450.76-0.47
0.720.50.170.450.470.480.460.53-0.140.77-0.14-0.450.420.360.360.380.460.78-0.44-0.210.22-0.11-0.55-0.30.58
0.0-0.33-0.28-0.42-0.04-0.45-0.82-0.670.47-0.040.47-0.45-0.41-0.650.050.19-0.4-0.02-0.160.610.340.660.850.74-0.85
0.410.590.470.52-0.050.410.150.70.230.370.230.42-0.410.630.570.460.540.43-0.53-0.080.4-0.19-0.34-0.080.37
0.230.60.450.61-0.150.520.270.87-0.020.23-0.020.36-0.650.630.450.170.480.25-0.26-0.320.15-0.36-0.45-0.490.45
0.510.810.630.67-0.320.57-0.30.640.30.490.30.360.050.570.450.460.610.55-0.590.190.590.24-0.060.170.04
0.820.05-0.11-0.060.49-0.28-0.090.130.860.730.860.380.190.460.170.46-0.150.74-0.40.580.360.610.130.55-0.14
0.140.890.740.95-0.380.90.190.69-0.410.21-0.410.46-0.40.540.480.61-0.150.23-0.27-0.60.2-0.47-0.56-0.440.6
0.980.39-0.060.220.60.180.040.30.380.990.380.78-0.020.430.250.550.740.23-0.520.30.420.38-0.10.240.1
-0.42-0.54-0.34-0.320.06-0.410.39-0.43-0.18-0.4-0.18-0.44-0.16-0.53-0.26-0.59-0.4-0.27-0.52-0.22-0.9-0.05-0.19-0.080.19
0.36-0.34-0.44-0.60.22-0.57-0.59-0.360.740.280.74-0.210.61-0.08-0.320.190.58-0.60.3-0.220.340.890.710.83-0.75
0.330.430.260.22-0.150.29-0.60.270.270.310.270.220.340.40.150.590.360.20.42-0.90.340.20.40.34-0.39
0.46-0.32-0.46-0.480.29-0.55-0.55-0.410.730.390.73-0.110.66-0.19-0.360.240.61-0.470.38-0.050.890.20.630.86-0.63
-0.09-0.41-0.48-0.59-0.05-0.51-0.9-0.590.45-0.140.45-0.550.85-0.34-0.45-0.060.13-0.56-0.1-0.190.710.40.630.7-0.98
0.32-0.36-0.41-0.490.2-0.58-0.62-0.50.760.240.76-0.30.74-0.08-0.490.170.55-0.440.24-0.080.830.340.860.7-0.7
0.090.40.440.60.060.510.880.59-0.470.14-0.470.58-0.850.370.450.04-0.140.60.10.19-0.75-0.39-0.63-0.98-0.7
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Nicola Mining Account Relationship Matchups

Nicola Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.1M11.3M12.4M18.6M25.7M27.0M
Short Long Term Debt Total5.6M6.6M7.0M5.7M4.3M6.0M
Other Current Liab644.1K767.1K569.8K601.7K682.2K648.1K
Total Current Liabilities923.0K826.7K7.0M1.2M698.6K663.6K
Total Stockholder Equity945.2K198.8K841.4K2.1M6.3M6.6M
Net Debt5.1M5.7M6.1M4.8M(502.9K)(477.8K)
Retained Earnings(87.0M)(89.9M)(93.3M)(93.3M)(92.7M)(88.1M)
Accounts Payable644.1K671.8K569.8K560.3K644.3K654.0K
Cash500.8K824.7K916.3K895.8K4.8M5.0M
Non Current Assets Total10.3M10.4M10.6M16.5M20.3M21.3M
Cash And Short Term Investments500.8K824.7K916.3K895.8K4.8M5.0M
Net Receivables241.0K100.9K734.9K1.2M566.7K400.2K
Common Stock Shares Outstanding116.7M124.8M138.5M146.3M161.5M169.6M
Liabilities And Stockholders Equity11.1M11.3M12.4M18.6M25.7M27.0M
Other Current Assets26.0K52.7K93.9K11.9K123.0K129.2K
Other Stockholder Equity7.5M7.6M7.9M8.2M8.7M13.5M
Total Liab10.1M11.2M11.5M16.5M19.4M20.4M
Total Current Assets767.8K978.3K1.7M2.1M5.4M5.7M
Short Term Debt278.9K59.7K6.4M638.0K16.4K15.5K
Property Plant And Equipment Net9.1M9.2M9.4M15.2M19.0M20.0M
Non Current Liabilities Total9.2M10.3M4.5M15.3M18.7M19.7M
Other Liab3.7M3.8M3.9M10.2M11.7M12.3M
Net Tangible Assets(3.4M)945.2K198.8K841.4K967.6K1.0M
Short Long Term Debt256.4K43.7K6.4M617.3K555.6K527.8K
Common Stock76.6M78.6M82.3M82.9M85.9M77.9M
Property Plant Equipment9.2M9.1M9.2M9.4M10.8M9.6M
Long Term Debt5.4M6.4M555.7K5.1M4.2M3.3M
Accumulated Other Comprehensive Income3.8M3.9M3.8M4.2M4.4M3.3M
Net Invested Capital6.6M6.7M7.8M7.8M10.5M7.4M
Net Working Capital(155.2K)151.5K(5.3M)867.0K4.7M5.0M
Capital Stock76.6M78.6M82.3M82.9M85.9M88.3M

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