Spanish Price To Sales Ratio vs Pb Ratio Analysis

SPA Stock  CAD 0.11  0.01  10.00%   
Spanish Mountain financial indicator trend analysis is much more than just breaking down Spanish Mountain Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Spanish Mountain Gold is a good investment. Please check the relationship between Spanish Mountain Price To Sales Ratio and its Pb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spanish Mountain Gold. 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.

Price To Sales Ratio vs Pb Ratio

Price To Sales Ratio vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Spanish Mountain Gold Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Spanish Mountain's Price To Sales Ratio and Pb Ratio is -0.85. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Spanish Mountain Gold, assuming nothing else is changed. The correlation between historical values of Spanish Mountain's Price To Sales Ratio and Pb 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 Spanish Mountain Gold are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., Spanish Mountain's Price To Sales Ratio and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Spanish Mountain Gold stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Spanish Mountain sales, a figure that is much harder to manipulate than other Spanish Mountain Gold 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.

Pb Ratio

Most indicators from Spanish Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Spanish Mountain Gold 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 Spanish Mountain Gold. 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.
Selling General Administrative is likely to drop to about 1 M in 2024. Tax Provision is likely to drop to about (215.1 K) in 2024
 2021 2022 2023 2024 (projected)
Interest Income89.9K91.0K151.7K94.0K
Net Interest Income85.3K81.9K135.7K87.2K

Spanish Mountain fundamental ratios Correlations

0.360.391.0-0.740.540.660.330.330.96-0.220.230.330.320.080.970.970.150.550.02-0.1-0.390.4-0.250.32-0.04
0.360.980.30.120.72-0.110.860.890.23-0.870.870.820.560.780.160.160.70.40.60.080.43-0.060.29-0.07-0.31
0.390.980.330.10.78-0.110.890.870.25-0.870.870.810.530.790.20.20.670.440.620.070.43-0.080.3-0.09-0.34
1.00.30.33-0.760.490.680.250.280.97-0.170.180.30.290.020.980.980.080.52-0.05-0.09-0.450.44-0.290.34-0.02
-0.740.120.1-0.76-0.27-0.890.080.14-0.86-0.290.280.13-0.060.35-0.85-0.850.16-0.150.260.130.58-0.520.59-0.50.0
0.540.720.780.49-0.270.170.70.590.44-0.450.450.530.560.280.420.420.530.470.450.210.210.110.140.06-0.43
0.66-0.11-0.110.68-0.890.17-0.270.010.830.17-0.150.050.13-0.270.740.74-0.29-0.11-0.53-0.08-0.780.75-0.810.690.03
0.330.860.890.250.080.7-0.270.620.16-0.680.670.510.430.650.190.190.840.560.9-0.080.68-0.370.48-0.29-0.23
0.330.890.870.280.140.590.010.620.25-0.860.870.980.660.790.110.110.470.210.290.310.160.130.150.04-0.16
0.960.230.250.97-0.860.440.830.160.25-0.110.120.270.28-0.010.970.970.010.38-0.16-0.1-0.560.52-0.460.440.02
-0.22-0.87-0.87-0.17-0.29-0.450.17-0.68-0.86-0.11-1.0-0.85-0.28-0.91-0.02-0.02-0.47-0.3-0.410.13-0.310.11-0.270.110.13
0.230.870.870.180.280.45-0.150.670.870.12-1.00.850.290.910.030.030.460.290.4-0.130.29-0.090.24-0.09-0.14
0.330.820.810.30.130.530.050.510.980.27-0.850.850.590.770.120.120.30.190.160.340.040.190.10.08-0.13
0.320.560.530.29-0.060.560.130.430.660.28-0.280.290.590.150.190.190.520.060.250.60.120.290.080.19-0.16
0.080.780.790.020.350.28-0.270.650.79-0.01-0.910.910.770.15-0.11-0.110.410.190.45-0.060.39-0.210.26-0.16-0.12
0.970.160.20.98-0.850.420.740.190.110.97-0.020.030.120.19-0.111.00.040.49-0.07-0.18-0.480.41-0.350.350.01
0.970.160.20.98-0.850.420.740.190.110.97-0.020.030.120.19-0.111.00.040.49-0.07-0.18-0.480.41-0.350.350.01
0.150.70.670.080.160.53-0.290.840.470.01-0.470.460.30.520.410.040.040.320.85-0.10.7-0.320.44-0.24-0.19
0.550.40.440.52-0.150.47-0.110.560.210.38-0.30.290.190.060.190.490.490.320.45-0.20.15-0.470.52-0.590.1
0.020.60.62-0.050.260.45-0.530.90.29-0.16-0.410.40.160.250.45-0.07-0.070.850.45-0.140.9-0.60.63-0.46-0.15
-0.10.080.07-0.090.130.21-0.08-0.080.31-0.10.13-0.130.340.6-0.06-0.18-0.18-0.1-0.2-0.14-0.030.290.080.13-0.17
-0.390.430.43-0.450.580.21-0.780.680.16-0.56-0.310.290.040.120.39-0.48-0.480.70.150.9-0.03-0.630.68-0.48-0.18
0.4-0.06-0.080.44-0.520.110.75-0.370.130.520.11-0.090.190.29-0.210.410.41-0.32-0.47-0.60.29-0.63-0.790.95-0.2
-0.250.290.3-0.290.590.14-0.810.480.15-0.46-0.270.240.10.080.26-0.35-0.350.440.520.630.080.68-0.79-0.810.02
0.32-0.07-0.090.34-0.50.060.69-0.290.040.440.11-0.090.080.19-0.160.350.35-0.24-0.59-0.460.13-0.480.95-0.81-0.27
-0.04-0.31-0.34-0.020.0-0.430.03-0.23-0.160.020.13-0.14-0.13-0.16-0.120.010.01-0.190.1-0.15-0.17-0.18-0.20.02-0.27
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Spanish Mountain Account Relationship Matchups

Spanish Mountain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets78.0M93.8M93.5M94.2M97.3M58.0M
Other Current Liab416.9K1.7M1.4M1.2M404.8K384.5K
Total Current Liabilities495.5K1.8M1.5M1.2M464.6K441.4K
Total Stockholder Equity76.6M91.4M91.7M92.4M96.6M55.1M
Retained Earnings(12.8M)(13.5M)(14.4M)(15.2M)(16.7M)(15.8M)
Accounts Payable209.4K1.4M1.1M953.3K377.7K474.2K
Common Stock Shares Outstanding234.9M275.7M330.4M338.2M361.5M379.5M
Liabilities And Stockholders Equity78.0M93.8M93.5M94.2M97.3M58.0M
Total Liab1.4M2.4M1.8M1.7M695.6K660.8K
Total Current Assets875.6K12.0M7.3M3.2M3.6M4.5M
Common Stock88.5M104.0M105.1M106.3M112.6M88.2M
Net Debt(195.0K)(1.8M)(6.6M)(2.4M)182.8K192.0K
Cash405.5K1.9M6.7M2.8M108.0K102.6K
Cash And Short Term Investments805.5K11.5M6.9M3.1M3.3M3.4M
Other Current Assets50.0K282.1K114.6K36.4K127.7K121.3K
Other Stockholder Equity631.8K849.7K874.6K1.00.90.86
Property Plant And Equipment Net77.0M81.7M86.2M90.9M93.6M60.7M
Non Current Assets Total77.1M81.8M86.3M91.0M93.7M60.8M
Net Receivables20.1K190.5K211.5K52.7K150.3K142.8K
Accumulated Other Comprehensive Income849.7K874.6K1.0M1.3M592.6K563.0K
Non Current Liabilities Total907.2K651.2K372.7K495.7K231.0K219.4K
Short Term Investments712.4K400K9.6M250K3.2M1.9M
Other Liab964.9K775.2K571.4K372.7K335.4K318.7K
Net Tangible Assets76.6M76.6M91.4M91.7M105.5M87.5M
Property Plant Equipment76.2M77.0M81.7M86.2M99.1M85.9M
Net Invested Capital76.6M91.4M91.7M92.5M96.6M94.6M
Net Working Capital380.1K10.2M5.8M1.9M3.1M4.1M
Capital Stock88.5M104.0M105.1M106.3M112.6M110.8M

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Additional Tools for Spanish Stock Analysis

When running Spanish Mountain's price analysis, check to measure Spanish Mountain'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 Spanish Mountain is operating at the current time. Most of Spanish Mountain's value examination focuses on studying past and present price action to predict the probability of Spanish Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spanish Mountain's price. Additionally, you may evaluate how the addition of Spanish Mountain to your portfolios can decrease your overall portfolio volatility.