SBEV Stock | | | USD 0.15 0 1.00% |
Splash Beverage financial indicator trend analysis is much more than just breaking down Splash Beverage Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Splash Beverage Group is a good investment. Please check the relationship between Splash Beverage Price To Sales Ratio and its Ptb Ratio accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Splash Beverage Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Price To Sales Ratio vs Ptb Ratio
Price To Sales Ratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Splash Beverage Group Price To Sales Ratio account and
Ptb Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Splash Beverage's Price To Sales Ratio and Ptb Ratio is 0.19. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Splash Beverage Group, assuming nothing else is changed. The correlation between historical values of Splash Beverage's Price To Sales Ratio and Ptb 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 Price To Sales Ratio of Splash Beverage Group are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., Splash Beverage's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Splash Beverage Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Splash Beverage sales, a figure that is much harder to manipulate than other Splash Beverage Group 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.
Most indicators from Splash Beverage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Splash Beverage Group 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Splash Beverage Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Splash Beverage's
Selling General Administrative is fairly stable compared to the past year.
Discontinued Operations is likely to climb to about 355.7
K in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(2.09).
Splash Beverage fundamental ratios Correlations
Click cells to compare fundamentals
Splash Beverage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Splash Beverage fundamental ratios Accounts
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Additional Tools for Splash Stock Analysis
When running Splash Beverage's price analysis, check to
measure Splash Beverage'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 Splash Beverage is operating at the current time. Most of Splash Beverage's value examination focuses on studying past and present price action to
predict the probability of Splash Beverage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Splash Beverage's price. Additionally, you may evaluate how the addition of Splash Beverage to your portfolios can decrease your overall portfolio volatility.