Sienna Roe vs Price To Sales Ratio Analysis
SIE Stock | CAD 0.03 0.01 25.00% |
Sienna Resources financial indicator trend analysis is much more than just breaking down Sienna Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sienna Resources is a good investment. Please check the relationship between Sienna Resources Roe and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sienna Resources. 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.
Roe vs Price To Sales Ratio
Roe vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sienna Resources Roe account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sienna Resources' Roe and Price To Sales Ratio is -0.15. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Sienna Resources, assuming nothing else is changed. The correlation between historical values of Sienna Resources' Roe 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 Roe of Sienna Resources 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 Roe i.e., Sienna Resources' Roe and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Roe
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Sienna Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Sienna Resources sales, a figure that is much harder to manipulate than other Sienna Resources 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 Sienna Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sienna Resources 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 Sienna Resources. 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, Sienna Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.7 M in 2024.
Sienna Resources fundamental ratios Correlations
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Sienna Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sienna Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2M | 1.7M | 2.1M | 1.2M | 3.5M | 3.7M | |
Other Current Liab | 33.2K | 47.7K | 40.2K | 46.5K | 36.5K | 33.9K | |
Total Current Liabilities | 916.4K | 377.5K | 71.6K | 245.1K | 142.4K | 135.3K | |
Total Stockholder Equity | 1.3M | 1.3M | 2.0M | 952.9K | 3.3M | 3.5M | |
Net Debt | (468.4K) | (1.2M) | (723.0K) | (28.1K) | (1.3M) | (1.3M) | |
Retained Earnings | (22.5M) | (25.1M) | (26.1M) | (27.2M) | (28.5M) | (27.1M) | |
Accounts Payable | 883.2K | 329.8K | 31.4K | 158.6K | 105.9K | 100.6K | |
Cash | 468.4K | 1.2M | 759.2K | 68.1K | 1.3M | 1.4M | |
Cash And Short Term Investments | 468.4K | 1.2M | 759.2K | 68.1K | 1.3M | 1.4M | |
Net Receivables | 23.0K | 36.8K | 15.6K | 11.3K | 5.2K | 4.9K | |
Common Stock Shares Outstanding | 57.6M | 81.5M | 119.4M | 125.0M | 177.7M | 186.6M | |
Liabilities And Stockholders Equity | 2.2M | 1.7M | 2.1M | 1.2M | 3.5M | 3.7M | |
Other Stockholder Equity | 3.5M | 3.8M | 4.3M | 4.3M | 5.0M | 9.7M | |
Total Liab | 916.4K | 410.3K | 107.8K | 245.1K | 142.4K | 135.3K | |
Total Current Assets | 497.2K | 1.3M | 777.5K | 82.2K | 1.4M | 1.5M | |
Non Current Assets Total | 1.7M | 422.5K | 1.3M | 1.1M | 2.1M | 1.1M | |
Other Current Assets | 5.8K | 11.5K | 2.7K | 2.8K | 40.8K | 25.2K | |
Property Plant And Equipment Net | 1.3M | 422.5K | 1.3M | 1.1M | 2.1M | 2.2M | |
Non Currrent Assets Other | 1.2M | 1.6M | 1.7M | 18.3K | 32.4K | 30.7K | |
Accumulated Other Comprehensive Income | 3.5M | 3.8M | 4.3M | 4.3M | 4.9M | 2.9M | |
Net Tangible Assets | 1.3M | 1.3M | 2.0M | 952.9K | 1.1M | 603.4K | |
Common Stock | 20.3M | 22.6M | 23.7M | 23.9M | 27.0M | 18.8M | |
Property Plant Equipment | 1.3M | 422.5K | 1.3M | 1.1M | 1.3M | 1.0M | |
Net Invested Capital | 1.3M | 1.3M | 2.0M | 992.9K | 3.3M | 3.5M | |
Net Working Capital | (419.2K) | 907.9K | 705.9K | (162.9K) | 1.2M | 1.3M | |
Capital Stock | 20.3M | 22.6M | 23.7M | 23.9M | 27.0M | 25.2M |
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Additional Tools for Sienna Stock Analysis
When running Sienna Resources' price analysis, check to measure Sienna Resources' 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 Sienna Resources is operating at the current time. Most of Sienna Resources' value examination focuses on studying past and present price action to predict the probability of Sienna Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sienna Resources' price. Additionally, you may evaluate how the addition of Sienna Resources to your portfolios can decrease your overall portfolio volatility.