Aeva Days Sales Outstanding vs Price To Sales Ratio Analysis
AEVA Stock | USD 4.12 0.13 3.06% |
Aeva Technologies financial indicator trend analysis is way more than just evaluating Aeva Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeva Technologies is a good investment. Please check the relationship between Aeva Technologies Days Sales Outstanding and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Aeva Stock refer to our How to Trade Aeva Stock guide.
Days Sales Outstanding vs Price To Sales Ratio
Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aeva Technologies Days Sales Outstanding account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aeva Technologies' Days Sales Outstanding and Price To Sales Ratio is -0.41. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Aeva Technologies, assuming nothing else is changed. The correlation between historical values of Aeva Technologies' Days Sales Outstanding 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 Days Sales Outstanding of Aeva Technologies 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 Days Sales Outstanding i.e., Aeva Technologies' Days Sales Outstanding and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Days Sales Outstanding
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Aeva Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Aeva Technologies sales, a figure that is much harder to manipulate than other Aeva Technologies 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 Aeva Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeva Technologies 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Aeva Stock refer to our How to Trade Aeva Stock guide.At present, Aeva Technologies' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 7.62, whereas Selling General Administrative is forecasted to decline to about 22.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 372K | 3.7M | 8.2M | 8.6M | Net Interest Income | 372K | 3.7M | 8.2M | 8.6M |
Aeva Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Aeva Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aeva Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 1K | 3.4M | 6.5M | 13.9M | 11.2M | 6.4M | |
Total Current Liabilities | 81.8K | 5.7M | 14.3M | 21.8M | 18.4M | 11.2M | |
Other Liab | 39K | 45K | 1.1M | 90K | 103.5K | 98.3K | |
Net Tangible Assets | (30.6M) | (52.3M) | 452.0M | 326.4M | 375.4M | 394.1M | |
Retained Earnings | (1K) | (61.1M) | (163.0M) | (310.3M) | (459.6M) | (436.6M) | |
Accounts Payable | 713K | 2.1M | 4.4M | 5.2M | 3.6M | 3.0M | |
Other Assets | 59K | 64K | 859K | 862K | 1.0 | 0.95 | |
Inventory | 354K | 1.2M | 2.1M | 3.0M | 2.4M | 1.8M | |
Other Current Assets | 1.3M | 4.3M | 5.0M | 5.2M | 5.1M | 3.9M | |
Total Current Assets | 25.0 | 31.0M | 458.5M | 335.1M | 229.2M | 198.6M | |
Property Plant Equipment | 1.6M | 1.6M | 15.4M | 9.7M | 11.2M | 6.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Aeva Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aeva Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aeva Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aeva Technologies Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aeva Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Aeva Stock refer to our How to Trade Aeva Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aeva Technologies. If investors know Aeva will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aeva Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.12) | Revenue Per Share 0.153 | Quarterly Revenue Growth 1.778 | Return On Assets (0.43) | Return On Equity (0.86) |
The market value of Aeva Technologies is measured differently than its book value, which is the value of Aeva that is recorded on the company's balance sheet. Investors also form their own opinion of Aeva Technologies' value that differs from its market value or its book value, called intrinsic value, which is Aeva Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aeva Technologies' market value can be influenced by many factors that don't directly affect Aeva Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aeva Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aeva Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aeva Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.