PyroGenesis Historical Financial Ratios
| PYR Stock | CAD 0.59 0.05 9.26% |
PyroGenesis Canada is promptly reporting on over 97 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Average Payables of 5.3 M, Stock Based Compensation To Revenue of 0.13, Capex To Depreciation of 0.0334 or Ev To Sales of 7.13 will help investors to properly organize and evaluate PyroGenesis Canada financial condition quickly.
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About PyroGenesis Financial Ratios Analysis
PyroGenesis CanadaFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate PyroGenesis Canada investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on PyroGenesis financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across PyroGenesis Canada history.
PyroGenesis Canada Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing PyroGenesis Canada stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on PyroGenesis Canada sales, a figure that is much harder to manipulate than other PyroGenesis Canada 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.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.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.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.Most ratios from PyroGenesis Canada's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into PyroGenesis Canada current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 PyroGenesis Canada. 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, PyroGenesis Canada's Income Quality is very stable compared to the past year. As of the 28th of December 2024, ROE is likely to grow to 10.58, while Price To Sales Ratio is likely to drop 5.88.
| 2021 | 2022 | 2023 (projected) | Graham Number | 1.13 | 0.65 | 0.24 | Receivables Turnover | 1.32 | 0.91 | 1.3 |
PyroGenesis Canada fundamentals Correlations
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PyroGenesis Canada Account Relationship Matchups
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PyroGenesis Canada fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 13.13 | 30.12 | 17.86 | 9.26 | 6.19 | 5.88 | |
| Ptb Ratio | (10.39) | 9.01 | 13.61 | 10.44 | (27.04) | (25.68) | |
| Days Sales Outstanding | 79.07 | 116.32 | 277.53 | 401.64 | 280.04 | 208.47 | |
| Book Value Per Share | (0.0443) | 0.4 | 0.24 | 0.0987 | (0.0159) | (0.0151) | |
| Free Cash Flow Yield | (0.0658) | (0.003046) | (0.0358) | (0.0671) | (0.16) | (0.15) | |
| Operating Cash Flow Per Share | (0.0231) | (0.005495) | (0.11) | (0.0651) | (0.0677) | (0.0711) | |
| Capex To Depreciation | 1.8 | 1.64 | 1.26 | 0.32 | 0.0351 | 0.0334 | |
| Pb Ratio | (10.39) | 9.01 | 13.61 | 10.44 | (27.04) | (25.68) | |
| Ev To Sales | 14.71 | 29.28 | 17.7 | 9.44 | 6.79 | 7.13 | |
| Free Cash Flow Per Share | (0.0303) | (0.011) | (0.12) | (0.0691) | (0.0682) | (0.0716) | |
| Roic | 2.69 | (0.0213) | (0.42) | (1.27) | (23.29) | (22.13) | |
| Net Income Per Share | (0.0718) | 0.28 | (0.23) | (0.19) | (0.16) | (0.15) | |
| Payables Turnover | 1.24 | 5.07 | 3.95 | 2.11 | 1.84 | 1.74 | |
| Capex To Revenue | 0.21 | 0.0459 | 0.0563 | 0.0361 | 0.006275 | 0.005961 | |
| Cash Per Share | 0.001345 | 0.12 | 0.13 | 0.0202 | 0.007162 | 0.006803 | |
| Pocfratio | (19.92) | (656.97) | (30.64) | (15.82) | (6.35) | (6.67) | |
| Interest Coverage | (6.25) | (2.79) | (33.49) | (34.68) | (32.86) | (34.51) | |
| Capex To Operating Cash Flow | (0.31) | (1.0) | (0.0966) | (0.0617) | (0.006431) | (0.006752) | |
| Pfcf Ratio | (15.19) | (328.34) | (27.94) | (14.9) | (6.31) | (6.62) | |
| Days Payables Outstanding | 293.99 | 72.03 | 92.44 | 173.31 | 198.85 | 208.79 | |
| Income Quality | 0.28 | 0.42 | 0.35 | (0.0195) | 0.47 | 0.52 | |
| Roe | 1.62 | 0.7 | (0.94) | (1.91) | 10.08 | 10.58 | |
| Ev To Operating Cash Flow | (22.33) | (638.56) | (30.36) | (16.13) | (6.96) | (7.31) | |
| Pe Ratio | (6.41) | 12.82 | (14.44) | (5.47) | (2.68) | (2.82) | |
| Return On Tangible Assets | (1.11) | 0.57 | (0.6) | (0.75) | (1.05) | (1.1) | |
| Ev To Free Cash Flow | (17.02) | (319.14) | (27.69) | (15.2) | (6.92) | (7.26) | |
| Intangibles To Total Assets | 0.0769 | 0.0122 | 0.0779 | 0.1 | 0.0458 | 0.0436 | |
| Current Ratio | 0.11 | 2.2 | 1.57 | 1.06 | 0.71 | 0.67 | |
| Receivables Turnover | 4.62 | 3.14 | 1.32 | 0.91 | 1.3 | 1.24 |
Pair Trading with PyroGenesis Canada
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PyroGenesis Canada position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PyroGenesis Canada will appreciate offsetting losses from the drop in the long position's value.Moving against PyroGenesis Stock
| 0.92 | FFH | Fairfax Financial | PairCorr |
| 0.92 | FFH-PD | Fairfax Financial | PairCorr |
| 0.9 | FFH-PF | Fairfax Financial | PairCorr |
| 0.9 | FFH-PM | Fairfax Financial | PairCorr |
| 0.89 | FFH-PJ | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to PyroGenesis Canada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PyroGenesis Canada when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PyroGenesis Canada - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PyroGenesis Canada to buy it.
The correlation of PyroGenesis Canada is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PyroGenesis Canada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PyroGenesis Canada moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PyroGenesis Canada can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in PyroGenesis Stock
PyroGenesis CanadaFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate PyroGenesis Canada investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on PyroGenesis financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across PyroGenesis Canada history.