OneMedNet Capex To Revenue vs Price To Sales Ratio Analysis

ONMDW Stock   0.04  0.02  150.62%   
OneMedNet Corp financial indicator trend analysis is much more than just breaking down OneMedNet Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneMedNet Corp is a good investment. Please check the relationship between OneMedNet Corp Capex To Revenue and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMedNet Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy OneMedNet Stock please use our How to Invest in OneMedNet Corp guide.

Capex To Revenue vs Price To Sales Ratio

Capex To Revenue vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneMedNet Corp Capex To Revenue account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between OneMedNet Corp's Capex To Revenue and Price To Sales Ratio is -0.57. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of OneMedNet Corp, assuming nothing else is changed. The correlation between historical values of OneMedNet Corp's Capex To Revenue 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 Capex To Revenue of OneMedNet Corp 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 Capex To Revenue i.e., OneMedNet Corp's Capex To Revenue and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing OneMedNet Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on OneMedNet Corp sales, a figure that is much harder to manipulate than other OneMedNet Corp 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 OneMedNet Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneMedNet Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMedNet Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy OneMedNet Stock please use our How to Invest in OneMedNet Corp guide.Sales General And Administrative To Revenue is likely to climb to 5.42 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.3 M in 2024.
 2023 2024 (projected)
Depreciation And Amortization28.0K22.3K
Interest Income174.2K154.8K

OneMedNet Corp fundamental ratios Correlations

0.96-0.060.68-0.70.680.540.94-0.420.580.570.68-0.230.57-0.99-0.220.10.80.530.74-0.270.720.930.930.17-0.64
0.960.050.82-0.820.820.411.0-0.580.750.380.82-0.390.38-0.97-0.38-0.050.830.720.86-0.420.850.990.870.36-0.77
-0.060.050.51-0.590.510.250.05-0.830.53-0.210.51-0.93-0.21-0.06-0.93-0.98-0.460.570.46-0.920.520.14-0.350.81-0.66
0.680.820.51-0.971.00.430.82-0.890.990.181.0-0.760.18-0.75-0.77-0.510.480.971.0-0.80.990.880.540.83-0.96
-0.7-0.82-0.59-0.97-0.98-0.41-0.830.94-0.95-0.13-0.980.83-0.130.770.830.59-0.43-0.95-0.980.86-0.99-0.88-0.49-0.81.0
0.680.820.511.0-0.980.390.83-0.890.990.141.0-0.770.14-0.74-0.78-0.510.490.981.0-0.81.00.880.530.83-0.97
0.540.410.250.43-0.410.390.35-0.30.30.890.39-0.230.89-0.59-0.23-0.090.040.230.44-0.280.410.420.510.26-0.39
0.941.00.050.82-0.830.830.35-0.590.770.310.83-0.40.31-0.95-0.39-0.060.850.740.87-0.430.850.990.850.37-0.78
-0.42-0.58-0.83-0.890.94-0.89-0.3-0.59-0.90.08-0.890.970.080.520.970.84-0.12-0.92-0.860.98-0.9-0.65-0.15-0.910.96
0.580.750.530.99-0.950.990.30.77-0.90.030.99-0.780.03-0.65-0.8-0.560.451.00.97-0.810.980.830.440.87-0.95
0.570.38-0.210.18-0.130.140.890.310.080.030.140.21.0-0.560.20.360.24-0.060.220.140.160.340.67-0.13-0.08
0.680.820.511.0-0.981.00.390.83-0.890.990.14-0.770.14-0.74-0.78-0.510.490.981.0-0.81.00.880.530.83-0.97
-0.23-0.39-0.93-0.760.83-0.77-0.23-0.40.97-0.780.2-0.770.20.341.00.940.1-0.82-0.721.0-0.78-0.470.07-0.890.88
0.570.38-0.210.18-0.130.140.890.310.080.031.00.140.2-0.560.20.360.24-0.060.220.140.160.340.67-0.13-0.08
-0.99-0.97-0.06-0.750.77-0.74-0.59-0.950.52-0.65-0.56-0.740.34-0.560.330.01-0.75-0.6-0.80.38-0.78-0.95-0.89-0.270.72
-0.22-0.38-0.93-0.770.83-0.78-0.23-0.390.97-0.80.2-0.781.00.20.330.940.1-0.83-0.731.0-0.78-0.470.07-0.910.88
0.1-0.05-0.98-0.510.59-0.51-0.09-0.060.84-0.560.36-0.510.940.360.010.940.42-0.61-0.450.92-0.52-0.140.4-0.820.66
0.80.83-0.460.48-0.430.490.040.85-0.120.450.240.490.10.24-0.750.10.420.410.540.070.490.790.87-0.04-0.36
0.530.720.570.97-0.950.980.230.74-0.921.0-0.060.98-0.82-0.06-0.6-0.83-0.610.410.95-0.840.960.790.370.89-0.95
0.740.860.461.0-0.981.00.440.87-0.860.970.221.0-0.720.22-0.8-0.73-0.450.540.95-0.761.00.920.60.78-0.96
-0.27-0.42-0.92-0.80.86-0.8-0.28-0.430.98-0.810.14-0.81.00.140.381.00.920.07-0.84-0.76-0.81-0.510.02-0.910.9
0.720.850.520.99-0.991.00.410.85-0.90.980.161.0-0.780.16-0.78-0.78-0.520.490.961.0-0.810.90.550.8-0.98
0.930.990.140.88-0.880.880.420.99-0.650.830.340.88-0.470.34-0.95-0.47-0.140.790.790.92-0.510.90.830.47-0.83
0.930.87-0.350.54-0.490.530.510.85-0.150.440.670.530.070.67-0.890.070.40.870.370.60.020.550.830.0-0.41
0.170.360.810.83-0.80.830.260.37-0.910.87-0.130.83-0.89-0.13-0.27-0.91-0.82-0.040.890.78-0.910.80.470.0-0.83
-0.64-0.77-0.66-0.961.0-0.97-0.39-0.780.96-0.95-0.08-0.970.88-0.080.720.880.66-0.36-0.95-0.960.9-0.98-0.83-0.41-0.83
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OneMedNet Corp Account Relationship Matchups

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