Wallbridge Ev To Sales vs Price To Sales Ratio Analysis

WM Stock

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Wallbridge Mining financial indicator trend analysis is more than just analyzing Wallbridge Mining current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wallbridge Mining is a good investment. Please check the relationship between Wallbridge Mining Ev To Sales and its Price To Sales Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wallbridge Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Ev To Sales vs Price To Sales Ratio

Ev To Sales vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wallbridge Mining Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.

The correlation between Wallbridge Mining's Ev To Sales and Price To Sales Ratio is 1.0. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Wallbridge Mining, assuming nothing else is changed. The correlation between historical values of Wallbridge Mining's Ev To Sales 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 Ev To Sales of Wallbridge Mining 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 Ev To Sales i.e., Wallbridge Mining's Ev To Sales and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Wallbridge Mining stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Wallbridge Mining sales, a figure that is much harder to manipulate than other Wallbridge Mining 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 Wallbridge Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wallbridge Mining 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wallbridge Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Wallbridge Mining's Selling General Administrative is very stable compared to the past year. As of the 22nd of December 2024, Tax Provision is likely to grow to about 3.1 M, though Sales General And Administrative To Revenue is likely to grow to (8.52).

	2021	2022	2023	2024 (projected)
Net Interest Income	415.1K	847.2K	1.5M	1.6M
Interest Income	290.3K	2.2M	1.5M	804.9K

Net Interest Income Interest Income

Wallbridge Mining fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Assets	Other Current Liab	Short Term Debt	Short Term Investments	Inventory	Common Stock Total Equity	Common Stock
Total Assets		-0.34	0.43	1.0	0.99	-0.72	-0.89	0.29	0.72	0.99	0.69	0.72	0.79	0.97	0.9	0.77	0.89	0.99	0.83	0.33	0.88	-0.3	-0.06	-0.3	0.99	1.0
Short Long Term Debt Total	-0.34		0.44	-0.37	-0.31	0.34	0.17	0.27	-0.26	-0.33	-0.22	-0.26	-0.29	-0.23	-0.32	0.07	-0.04	-0.31	-0.3	-0.17	-0.27	0.98	0.03	-0.09	-0.34	-0.34
Total Current Liabilities	0.43	0.44		0.4	0.42	-0.32	-0.44	0.88	0.39	0.4	0.33	0.4	0.47	0.48	0.29	0.52	0.69	0.42	0.49	0.36	0.43	0.54	0.42	-0.13	0.4	0.41
Total Stockholder Equity	1.0	-0.37	0.4		0.98	-0.74	-0.87	0.27	0.73	0.99	0.7	0.73	0.79	0.96	0.89	0.76	0.86	0.98	0.84	0.31	0.87	-0.32	-0.07	-0.31	0.99	0.99
Property Plant And Equipment Net	0.99	-0.31	0.42	0.98		-0.62	-0.92	0.25	0.62	1.0	0.58	0.61	0.77	0.98	0.94	0.78	0.91	1.0	0.75	0.4	0.9	-0.27	-0.1	-0.33	0.99	0.99
Net Debt	-0.72	0.34	-0.32	-0.74	-0.62		0.5	-0.33	-1.0	-0.62	-0.94	-0.99	-0.49	-0.65	-0.42	-0.51	-0.47	-0.61	-0.96	0.03	-0.56	0.31	-0.08	0.3	-0.7	-0.7
Retained Earnings	-0.89	0.17	-0.44	-0.87	-0.92	0.5		-0.2	-0.51	-0.91	-0.49	-0.51	-0.58	-0.96	-0.93	-0.88	-0.91	-0.92	-0.61	-0.53	-0.92	0.14	0.1	0.31	-0.91	-0.91
Accounts Payable	0.29	0.27	0.88	0.27	0.25	-0.33	-0.2		0.37	0.23	0.27	0.38	0.56	0.27	0.06	0.31	0.45	0.25	0.49	0.29	0.17	0.34	0.61	-0.05	0.23	0.26
Cash	0.72	-0.26	0.39	0.73	0.62	-1.0	-0.51	0.37		0.62	0.94	1.0	0.48	0.66	0.41	0.53	0.5	0.61	0.96	-0.03	0.56	-0.22	0.08	-0.32	0.69	0.7
Non Current Assets Total	0.99	-0.33	0.4	0.99	1.0	-0.62	-0.91	0.23	0.62		0.6	0.62	0.77	0.97	0.95	0.77	0.9	1.0	0.75	0.38	0.9	-0.29	-0.11	-0.29	0.99	0.99
Non Currrent Assets Other	0.69	-0.22	0.33	0.7	0.58	-0.94	-0.49	0.27	0.94	0.6		0.94	0.41	0.62	0.39	0.57	0.45	0.58	0.89	-0.06	0.52	-0.18	0.08	-0.27	0.65	0.67
Cash And Short Term Investments	0.72	-0.26	0.4	0.73	0.61	-0.99	-0.51	0.38	1.0	0.62	0.94		0.48	0.66	0.41	0.53	0.5	0.61	0.96	-0.02	0.56	-0.22	0.11	-0.31	0.69	0.7
Net Receivables	0.79	-0.29	0.47	0.79	0.77	-0.49	-0.58	0.56	0.48	0.77	0.41	0.48		0.7	0.62	0.55	0.69	0.77	0.7	0.2	0.5	-0.25	0.09	-0.18	0.72	0.76
Common Stock Shares Outstanding	0.97	-0.23	0.48	0.96	0.98	-0.65	-0.96	0.27	0.66	0.97	0.62	0.66	0.7		0.93	0.82	0.93	0.98	0.76	0.4	0.92	-0.19	-0.13	-0.36	0.98	0.98
Non Current Liabilities Total	0.9	-0.32	0.29	0.89	0.94	-0.42	-0.93	0.06	0.41	0.95	0.39	0.41	0.62	0.93		0.71	0.9	0.95	0.54	0.5	0.92	-0.29	-0.2	-0.24	0.93	0.92
Other Stockholder Equity	0.77	0.07	0.52	0.76	0.78	-0.51	-0.88	0.31	0.53	0.77	0.57	0.53	0.55	0.82	0.71		0.78	0.77	0.62	0.34	0.73	0.07	-0.03	-0.22	0.77	0.77
Total Liab	0.89	-0.04	0.69	0.86	0.91	-0.47	-0.91	0.45	0.5	0.9	0.45	0.5	0.69	0.93	0.9	0.78		0.91	0.64	0.55	0.9	0.03	0.05	-0.24	0.89	0.89
Property Plant And Equipment Gross	0.99	-0.31	0.42	0.98	1.0	-0.61	-0.92	0.25	0.61	1.0	0.58	0.61	0.77	0.98	0.95	0.77	0.91		0.74	0.4	0.9	-0.27	-0.1	-0.33	0.99	0.99
Total Current Assets	0.83	-0.3	0.49	0.84	0.75	-0.96	-0.61	0.49	0.96	0.75	0.89	0.96	0.7	0.76	0.54	0.62	0.64	0.74		0.1	0.64	-0.26	0.15	-0.3	0.8	0.81
Other Current Assets	0.33	-0.17	0.36	0.31	0.4	0.03	-0.53	0.29	-0.03	0.38	-0.06	-0.02	0.2	0.4	0.5	0.34	0.55	0.4	0.1		0.58	-0.14	0.56	0.15	0.38	0.36
Other Current Liab	0.88	-0.27	0.43	0.87	0.9	-0.56	-0.92	0.17	0.56	0.9	0.52	0.56	0.5	0.92	0.92	0.73	0.9	0.9	0.64	0.58		-0.22	-0.01	-0.17	0.91	0.89
Short Term Debt	-0.3	0.98	0.54	-0.32	-0.27	0.31	0.14	0.34	-0.22	-0.29	-0.18	-0.22	-0.25	-0.19	-0.29	0.07	0.03	-0.27	-0.26	-0.14	-0.22		0.06	-0.1	-0.3	-0.3
Short Term Investments	-0.06	0.03	0.42	-0.07	-0.1	-0.08	0.1	0.61	0.08	-0.11	0.08	0.11	0.09	-0.13	-0.2	-0.03	0.05	-0.1	0.15	0.56	-0.01	0.06		0.35	-0.08	-0.08
Inventory	-0.3	-0.09	-0.13	-0.31	-0.33	0.3	0.31	-0.05	-0.32	-0.29	-0.27	-0.31	-0.18	-0.36	-0.24	-0.22	-0.24	-0.33	-0.3	0.15	-0.17	-0.1	0.35		-0.35	-0.35
Common Stock Total Equity	0.99	-0.34	0.4	0.99	0.99	-0.7	-0.91	0.23	0.69	0.99	0.65	0.69	0.72	0.98	0.93	0.77	0.89	0.99	0.8	0.38	0.91	-0.3	-0.08	-0.35		1.0
Common Stock	1.0	-0.34	0.41	0.99	0.99	-0.7	-0.91	0.26	0.7	0.99	0.67	0.7	0.76	0.98	0.92	0.77	0.89	0.99	0.81	0.36	0.89	-0.3	-0.08	-0.35	1.0

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Wallbridge Mining Account Relationship Matchups

Wallbridge Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	115.7M	329.2M	350.1M	320.1M	331.2M	347.7M
Short Long Term Debt Total	889.0K	227.4K	98.6K	40.5K	26.3K	25.0K
Total Current Liabilities	9.0M	10.7M	14.0M	8.0M	9.5M	9.9M
Total Stockholder Equity	103.3M	309.8M	320.1M	289.2M	296.0M	310.8M
Property Plant And Equipment Net	48.8M	218.1M	273.5M	267.0M	284.8M	299.0M
Net Debt	(56.2M)	(84.8M)	(38.8M)	(23.6M)	(29.8M)	(28.3M)
Retained Earnings	(54.5M)	(74.4M)	(82.3M)	(113.8M)	(124.3M)	(118.0M)
Accounts Payable	5.1M	6.0M	10.6M	2.9M	2.0M	2.6M
Cash	57.1M	85.0M	38.9M	23.7M	29.8M	31.3M
Non Current Assets Total	57.1M	231.3M	278.0M	277.9M	289.0M	303.5M
Non Currrent Assets Other	6.0M	12.0M	3.3M	5.9M	3.3M	2.8M
Cash And Short Term Investments	57.1M	85.9M	39.1M	23.7M	29.8M	31.3M
Net Receivables	1.4M	11.7M	32.6M	15.5M	9.2M	9.6M
Common Stock Shares Outstanding	466.8M	689.1M	808.1M	872.9M	941.5M	988.6M
Liabilities And Stockholders Equity	115.7M	329.2M	350.1M	320.1M	331.2M	347.7M
Non Current Liabilities Total	3.4M	8.6M	16.0M	22.9M	25.7M	27.0M
Other Stockholder Equity	8.0M	11.9M	10.9M	12.3M	13.6M	10.0M
Total Liab	12.4M	19.3M	30.0M	30.9M	35.2M	36.9M
Property Plant And Equipment Gross	48.8M	218.1M	277.2M	272.1M	291.5M	306.1M
Total Current Assets	58.6M	97.8M	72.1M	42.2M	42.1M	44.2M
Accumulated Other Comprehensive Income	1.5M	(384.7K)	(96.2K)	(71.0K)	58.5K	55.6K
Other Current Assets	120.6K	182.2K	433.1K	2.5M	3.1M	3.3M
Other Current Liab	2.8M	4.5M	3.4M	5.1M	7.5M	7.8M
Short Term Debt	718.9K	126.4K	97.2K	11.7K	9.1K	8.7K
Short Term Investments	120.57	842.6K	115.3K	52.5K	649.78	617.29
Common Stock Total Equity	63.8M	73.9M	149.4M	372.4M	428.2M	449.6M
Common Stock	149.4M	372.4M	391.5M	390.7M	406.6M	426.9M
Current Deferred Revenue	999.4K	2.0M	4.5M	(2.0M)	(2.3M)	(2.2M)
Other Liab	3.2M	8.5M	16.0M	22.8M	26.2M	27.6M
Net Tangible Assets	103.3M	309.8M	320.1M	289.2M	332.6M	349.2M
Other Assets	6.0M	12.0M	3.3M	3.3M	3.7M	3.0M
Long Term Investments	2.2M	1.2M	1.2M	5.0M	978.5K	1.7M
Property Plant Equipment	48.8M	218.1M	273.5M	267.0M	307.1M	322.5M
Capital Surpluse	8.0M	11.6M	10.8M	12.3M	14.2M	10.4M
Long Term Debt Total	170.1K	101.1K	1.4K	28.9K	26.0K	24.7K
Cash And Equivalents	57.1M	85.0M	38.9M	23.7M	27.2M	34.0M
Net Invested Capital	103.3M	309.8M	320.1M	289.2M	296.0M	218.1M
Net Working Capital	49.6M	87.1M	58.1M	34.1M	32.7M	39.4M

Pair Trading with Wallbridge Mining

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 Wallbridge Mining 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 Wallbridge Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Wallbridge Stock

0.75	ORE	Orezone Gold Corp	Pair Corr
0.61	INFM	Infinico Metals Corp	Pair Corr

Moving against Wallbridge Stock

0.76	TCS	TECSYS Inc	Pair Corr
0.73	ERE-UN	European Residential Real	Pair Corr
0.71	FFH	Fairfax Financial	Pair Corr
0.7	DBO	D Box Technologies	Pair Corr
0.67	ENS-PA	E Split Corp	Pair Corr

The ability to find closely correlated positions to Wallbridge Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wallbridge Mining 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 Wallbridge Mining - 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 Wallbridge Mining to buy it.

The correlation of Wallbridge Mining 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 Wallbridge Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wallbridge Mining 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 Wallbridge Mining 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.

Pair Correlation Correlation Matching

Other Information on Investing in Wallbridge Stock

Balance Sheet is a snapshot of the financial position of Wallbridge Mining at a specified time, usually calculated after every quarter, six months, or one year. Wallbridge Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wallbridge Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Wallbridge currently owns. An asset can also be divided into two categories, current and non-current.

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Wallbridge Ev To Sales vs Price To Sales Ratio Analysis

Ev To Sales vs Price To Sales Ratio

Ev To Sales vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Ev To Sales

Price To Sales Ratio

Wallbridge Mining fundamental ratios Correlations

Wallbridge Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wallbridge Mining fundamental ratios Accounts

Pair Trading with Wallbridge Mining

Moving together with Wallbridge Stock

Moving against Wallbridge Stock

Other Information on Investing in Wallbridge Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Common Stock Shares Outstanding	- 0.96	Retained Earnings
Total Current Assets	- 0.96	Net Debt
Non Currrent Assets Other	- 0.94	Net Debt
Non Current Liabilities Total	- 0.93	Retained Earnings