Akso Price To Sales Ratio vs Free Cash Flow Yield Analysis
AHG Stock | USD 1.23 0.12 10.81% |
Akso Health financial indicator trend analysis is way more than just evaluating Akso Health Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Akso Health Group is a good investment. Please check the relationship between Akso Health Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Price To Sales Ratio vs Free Cash Flow Yield
Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Akso Health Group Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have very week relationship.
The correlation between Akso Health's Price To Sales Ratio and Free Cash Flow Yield is 0.27. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Akso Health Group, assuming nothing else is changed. The correlation between historical values of Akso Health's Price To Sales Ratio and Free Cash Flow Yield 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 Akso Health Group are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Akso Health's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Akso Health Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Akso Health sales, a figure that is much harder to manipulate than other Akso Health Group 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.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most indicators from Akso Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Akso Health Group 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 Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Akso Health's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Akso Health's current Enterprise Value Over EBITDA is estimated to increase to 3.93, while Sales General And Administrative To Revenue is projected to decrease to 2.06.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 916.2K | 1.3M | 122.1K | 116.0K | Total Revenue | 6.3M | 13.2M | 2.4M | 2.3M |
Akso Health fundamental ratios Correlations
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Akso Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Akso Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 16.3M | 16.3M | 19.9M | 22.9M | 47.2M | 49.5M | |
Total Assets | 78.4M | 31.7M | 50.7M | 20.5M | 142.0M | 86.9M | |
Other Current Liab | 9.3M | 4.1M | 38.4M | 1.8M | 1.1M | 1.0M | |
Total Current Liabilities | 10.2M | 14.4M | 38.4M | 11.6M | 3.6M | 3.4M | |
Total Stockholder Equity | 48.1M | 17.3M | 12.3M | 8.7M | 138.4M | 145.3M | |
Property Plant And Equipment Net | 1.3M | 1.6M | 66.9K | 55.4K | 49.9K | 47.4K | |
Net Debt | 9.9M | (5.1M) | (21.9M) | 1.8M | (85.2M) | (80.9M) | |
Retained Earnings | (1.4M) | (36.3M) | (53.1M) | (54.5M) | (63.9M) | (60.7M) | |
Cash | 10.9M | 15.1M | 21.9M | 7.9M | 85.2M | 43.8M | |
Non Current Assets Total | 28.5M | 1.6M | 55.4K | (272.1K) | 402.9K | 382.8K | |
Non Currrent Assets Other | 25.2M | (30.2M) | 177.0K | (20.7M) | (141.6M) | (134.5M) | |
Cash And Short Term Investments | 10.9M | 15.1M | 21.9M | 7.9M | 85.2M | 43.8M | |
Net Receivables | 37.8M | 10.4M | 20.0M | 7.7M | 56.3M | 59.1M | |
Liabilities And Stockholders Equity | 78.4M | 31.7M | 50.7M | 20.5M | 142.0M | 86.9M | |
Other Current Assets | 39.0B | 592.8K | 885.9K | 3.4M | 56.7M | 53.8M | |
Other Stockholder Equity | 58.5M | 56.6M | 56.6M | 67.0M | 206.3M | 216.7M | |
Total Liab | 30.3M | 14.4M | 38.4M | 11.6M | 3.6M | 3.4M | |
Total Current Assets | 49.9M | 30.1M | 50.6M | 20.7M | 142.0M | 72.4M | |
Accumulated Other Comprehensive Income | (7.0M) | (3.1M) | (1.6M) | (3.8M) | (4.1M) | (3.9M) | |
Common Stock | 5.0K | 5.0K | 5.0K | 7.0K | 43.8K | 46.0K | |
Net Tangible Assets | 48.1M | 17.3M | 12.3M | 8.7M | 7.9M | 7.5M | |
Non Current Liabilities Total | 20.1M | 4.4M | 0.0 | 11.6M | 3.2M | 3.0M | |
Net Invested Capital | 68.1M | 27.3M | 12.3M | 8.7M | 138.4M | 145.3M | |
Net Working Capital | 39.8M | 15.7M | 12.2M | 9.1M | 138.4M | 145.3M | |
Property Plant Equipment | 1.3M | 763.6K | 66.9K | 55.4K | 49.9K | 47.4K | |
Inventory | (39.0B) | (14.4M) | 7.8M | 1.7M | 191.2K | 200.8K |
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When determining whether Akso Health Group is a strong investment it is important to analyze Akso Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Akso Health's future performance. For an informed investment choice regarding Akso Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akso Health Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Health Care Equipment & Supplies 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 Akso Health. If investors know Akso 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 Akso Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | Revenue Per Share 0.051 | Quarterly Revenue Growth 0.148 | Return On Assets (0.07) | Return On Equity (0.12) |
The market value of Akso Health Group is measured differently than its book value, which is the value of Akso that is recorded on the company's balance sheet. Investors also form their own opinion of Akso Health's value that differs from its market value or its book value, called intrinsic value, which is Akso Health's 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 Akso Health's market value can be influenced by many factors that don't directly affect Akso Health's 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 Akso Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akso Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akso Health's 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.