Ynvisible Price To Sales Ratio vs Average Payables Analysis

YNV Stock  CAD 0.13  0.01  7.14%   
Ynvisible Interactive financial indicator trend analysis is more than just analyzing Ynvisible Interactive current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ynvisible Interactive is a good investment. Please check the relationship between Ynvisible Interactive Price To Sales Ratio and its Average Payables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ynvisible Interactive. 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 Average Payables

Price To Sales Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ynvisible Interactive Price To Sales Ratio account and Average Payables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ynvisible Interactive's Price To Sales Ratio and Average Payables is 0.37. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Average Payables in the same time period over historical financial statements of Ynvisible Interactive, assuming nothing else is changed. The correlation between historical values of Ynvisible Interactive's Price To Sales Ratio and Average Payables 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 Ynvisible Interactive are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Price To Sales Ratio i.e., Ynvisible Interactive's Price To Sales Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Price To Sales Ratio

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

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.
Most indicators from Ynvisible Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ynvisible Interactive 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 Ynvisible Interactive. 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, Ynvisible Interactive's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit366.0K401.2K425.2K336.9K
Reconciled Depreciation702.6K627.4K609.1K470.9K

Ynvisible Interactive fundamental ratios Correlations

-0.170.60.99-0.820.82-0.850.80.980.74-0.69-0.660.930.570.70.680.980.840.83-0.270.920.871.0-0.850.980.77
-0.17-0.18-0.23-0.080.130.08-0.35-0.230.010.090.140.06-0.080.23-0.13-0.210.01-0.01-0.06-0.04-0.04-0.18-0.02-0.19-0.13
0.6-0.180.53-0.530.65-0.630.830.490.76-0.94-0.940.720.60.830.880.510.770.71-0.270.660.70.58-0.750.510.77
0.99-0.230.53-0.770.76-0.820.750.990.67-0.62-0.60.880.530.610.611.00.780.78-0.250.880.821.0-0.790.990.71
-0.82-0.08-0.53-0.77-0.980.86-0.71-0.71-0.910.60.56-0.79-0.61-0.81-0.57-0.73-0.91-0.950.44-0.89-0.9-0.810.95-0.74-0.86
0.820.130.650.76-0.98-0.90.770.70.93-0.74-0.690.850.710.890.690.720.960.99-0.490.920.930.8-0.990.730.86
-0.850.08-0.63-0.820.86-0.9-0.86-0.79-0.740.780.76-0.88-0.86-0.75-0.74-0.81-0.96-0.930.64-0.96-0.91-0.860.92-0.83-0.76
0.8-0.350.830.75-0.710.77-0.860.720.77-0.9-0.90.830.80.780.910.730.890.84-0.340.890.910.78-0.860.740.83
0.98-0.230.490.99-0.710.7-0.790.720.59-0.59-0.570.870.510.560.581.00.730.72-0.240.850.770.99-0.741.00.66
0.740.010.760.67-0.910.93-0.740.770.59-0.75-0.710.760.550.920.730.610.880.93-0.240.810.890.71-0.940.610.92
-0.690.09-0.94-0.620.6-0.740.78-0.9-0.59-0.751.0-0.84-0.76-0.86-0.97-0.61-0.86-0.790.35-0.8-0.81-0.670.83-0.62-0.73
-0.660.14-0.94-0.60.56-0.690.76-0.9-0.57-0.711.0-0.81-0.76-0.83-0.97-0.59-0.83-0.760.35-0.77-0.78-0.650.79-0.6-0.7
0.930.060.720.88-0.790.85-0.880.830.870.76-0.84-0.810.720.850.830.890.910.85-0.340.950.910.92-0.890.90.76
0.57-0.080.60.53-0.610.71-0.860.80.510.55-0.76-0.760.720.630.750.530.810.76-0.690.810.760.58-0.740.550.52
0.70.230.830.61-0.810.89-0.750.780.560.92-0.86-0.830.850.630.840.580.90.87-0.270.820.890.67-0.920.590.86
0.68-0.130.880.61-0.570.69-0.740.910.580.73-0.97-0.970.830.750.840.60.810.74-0.20.80.830.65-0.790.610.69
0.98-0.210.511.0-0.730.72-0.810.731.00.61-0.61-0.590.890.530.580.60.750.74-0.250.870.790.99-0.761.00.67
0.840.010.770.78-0.910.96-0.960.890.730.88-0.86-0.830.910.810.90.810.750.98-0.550.960.950.83-0.980.770.87
0.83-0.010.710.78-0.950.99-0.930.840.720.93-0.79-0.760.850.760.870.740.740.98-0.530.930.940.82-0.990.750.87
-0.27-0.06-0.27-0.250.44-0.490.64-0.34-0.24-0.240.350.35-0.34-0.69-0.27-0.2-0.25-0.55-0.53-0.44-0.32-0.30.45-0.29-0.25
0.92-0.040.660.88-0.890.92-0.960.890.850.81-0.8-0.770.950.810.820.80.870.960.93-0.440.980.91-0.950.880.81
0.87-0.040.70.82-0.90.93-0.910.910.770.89-0.81-0.780.910.760.890.830.790.950.94-0.320.980.85-0.960.80.89
1.0-0.180.581.0-0.810.8-0.860.780.990.71-0.67-0.650.920.580.670.650.990.830.82-0.30.910.85-0.840.990.75
-0.85-0.02-0.75-0.790.95-0.990.92-0.86-0.74-0.940.830.79-0.89-0.74-0.92-0.79-0.76-0.98-0.990.45-0.95-0.96-0.84-0.77-0.9
0.98-0.190.510.99-0.740.73-0.830.741.00.61-0.62-0.60.90.550.590.611.00.770.75-0.290.880.80.99-0.770.67
0.77-0.130.770.71-0.860.86-0.760.830.660.92-0.73-0.70.760.520.860.690.670.870.87-0.250.810.890.75-0.90.67
Click cells to compare fundamentals

Ynvisible Interactive Account Relationship Matchups

Ynvisible Interactive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5M6.0M20.2M15.1M10.7M8.4M
Other Current Liab95.9K1.0M864.9K426.5K490.4K661.2K
Total Current Liabilities1.8M2.1M2.0M1.5M1.5M1.8M
Total Stockholder Equity4.0M3.6M18.1M13.6M9.0M6.7M
Net Tangible Assets(2.1M)230.7K3.7M3.1M3.5M3.7M
Retained Earnings(13.0M)(16.6M)(22.4M)(27.0M)(31.1M)(29.5M)
Accounts Payable514.8K578.5K1.2M1.1M1.2M776.0K
Cash2.1M1.8M16.1M11.8M7.4M5.6M
Non Current Assets Total3.6M3.6M2.7M2.3M2.0M2.1M
Other Assets637.015.1K24.8K17.6K15.8K15.0K
Net Receivables601.2K466.3K1.1M769.2K808.9K638.0K
Non Current Liabilities Total711.2K399.9K72.6K9.3K164.7K188.5K
Total Liab2.5M2.5M2.1M1.5M1.7M1.7M
Total Current Assets2.9M2.4M17.4M12.8M8.7M6.4M
Common Stock2.2M8.9M15.0M17.6M20.2M21.2M
Property Plant Equipment4.7K487.8K3.4M3.1M3.5M3.7M
Common Stock Shares Outstanding73.3M82.9M124.7M124.7M143.4M92.4M
Net Invested Capital4.0M3.6M18.1M13.6M9.0M7.4M
Net Working Capital1.1M371.9K15.4M11.3M7.2M5.3M
Intangible Assets198.2K424.4K316.2K244.3K177.4K232.2K
Capital Stock15.0M17.6M37.5M37.5M43.2M28.2M

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Additional Tools for Ynvisible Stock Analysis

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