Amarc Price To Sales Ratio vs Free Cash Flow Yield Analysis

AHR Stock

CAD 0.20 0.01 4.76%

Amarc Resources financial indicator trend analysis is way more than just evaluating Amarc Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amarc Resources is a good investment. Please check the relationship between Amarc Resources 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 Amarc Resources. 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 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 Amarc Resources Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Amarc Resources' Price To Sales Ratio and Free Cash Flow Yield is -0.26. 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 Amarc Resources, assuming nothing else is changed. The correlation between historical values of Amarc Resources' 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 Amarc Resources 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., Amarc Resources' Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Amarc Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Amarc Resources sales, a figure that is much harder to manipulate than other Amarc Resources 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 Amarc Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amarc Resources 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 Amarc Resources. 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.

Issuance Of Capital Stock is likely to climb to about 2.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 961.5 K in 2024.

Amarc Resources fundamental ratios Correlations

	Total Assets	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	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Short Term Investments	Short Long Term Debt Total	Short Term Debt	Common Stock	Current Deferred Revenue	Net Tangible Assets	Other Assets
Total Assets		0.41	0.86	0.12	-1.0	0.13	0.66	0.99	0.67	0.47	0.99	0.02	-0.17	0.13	0.39	0.29	0.36	1.0	0.43	-0.19	-0.42	-0.32	0.07	-0.23	0.44	0.06
Total Current Liabilities	0.41		-0.11	0.58	-0.42	-0.38	0.87	0.46	0.09	-0.26	0.45	-0.16	0.3	0.22	-0.26	-0.3	0.99	0.42	0.98	-0.24	0.12	-0.43	0.39	-0.47	-0.44	-0.81
Total Stockholder Equity	0.86	-0.11		-0.2	-0.85	0.36	0.23	0.82	0.67	0.65	0.83	0.14	-0.39	0.0	0.58	0.5	-0.16	0.85	-0.08	-0.08	-0.53	-0.08	-0.16	0.02	0.74	0.53
Property Plant And Equipment Net	0.12	0.58	-0.2		-0.13	-0.14	0.6	0.14	0.02	-0.19	0.14	-0.06	0.21	-0.03	-0.11	-0.39	0.6	0.12	0.6	0.04	-0.09	-0.62	0.17	-0.61	-0.33	-0.52
Net Debt	-1.0	-0.42	-0.85	-0.13		-0.12	-0.67	-1.0	-0.65	-0.45	-1.0	0.01	0.16	-0.13	-0.38	-0.23	-0.37	-1.0	-0.44	0.21	0.41	0.3	-0.08	0.22	-0.45	-0.05
Retained Earnings	0.13	-0.38	0.36	-0.14	-0.12		-0.11	0.06	0.05	0.15	0.05	0.81	-0.91	-0.91	0.91	0.18	-0.42	0.13	-0.32	0.34	-0.64	-0.1	-0.96	0.12	0.73	0.64
Accounts Payable	0.66	0.87	0.23	0.6	-0.67	-0.11		0.69	0.23	-0.06	0.69	-0.02	0.09	0.06	0.1	-0.24	0.86	0.68	0.85	-0.16	-0.19	-0.55	0.22	-0.5	-0.16	-0.59
Cash	0.99	0.46	0.82	0.14	-1.0	0.06	0.69		0.64	0.42	1.0	-0.05	-0.12	0.18	0.33	0.23	0.42	0.99	0.48	-0.25	-0.35	-0.3	0.13	-0.21	0.38	-0.01
Non Current Assets Total	0.67	0.09	0.67	0.02	-0.65	0.05	0.23	0.64		0.91	0.64	-0.13	0.01	0.22	0.12	0.52	0.05	0.62	0.12	-0.2	-0.5	-0.24	0.11	-0.2	0.51	0.27
Non Currrent Assets Other	0.47	-0.26	0.65	-0.19	-0.45	0.15	-0.06	0.42	0.91		0.42	-0.08	-0.07	0.17	0.17	0.62	-0.3	0.43	-0.25	-0.12	-0.5	-0.05	-0.01	-0.01	0.6	0.51
Cash And Short Term Investments	0.99	0.45	0.83	0.14	-1.0	0.05	0.69	1.0	0.64	0.42		-0.06	-0.11	0.19	0.32	0.22	0.42	0.99	0.48	-0.21	-0.36	-0.32	0.14	-0.24	0.38	-0.01
Net Receivables	0.02	-0.16	0.14	-0.06	0.01	0.81	-0.02	-0.05	-0.13	-0.08	-0.06		-0.77	-0.81	0.76	0.23	-0.22	0.04	-0.15	0.23	-0.45	0.02	-0.82	0.11	0.4	0.38
Common Stock Shares Outstanding	-0.17	0.3	-0.39	0.21	0.16	-0.91	0.09	-0.12	0.01	-0.07	-0.11	-0.77		0.82	-0.85	-0.23	0.34	-0.18	0.25	-0.19	0.48	0.0	0.93	-0.24	-0.66	-0.57
Inventory	0.13	0.22	0.0	-0.03	-0.13	-0.91	0.06	0.18	0.22	0.17	0.19	-0.81	0.82		-0.76	0.12	0.24	0.12	0.16	-0.42	0.53	0.21	0.94	0.03	-0.44	-0.37
Other Current Assets	0.39	-0.26	0.58	-0.11	-0.38	0.91	0.1	0.33	0.12	0.17	0.32	0.76	-0.85	-0.76		0.24	-0.31	0.41	-0.22	0.28	-0.68	-0.18	-0.8	-0.02	0.67	0.57
Other Stockholder Equity	0.29	-0.3	0.5	-0.39	-0.23	0.18	-0.24	0.23	0.52	0.62	0.22	0.23	-0.23	0.12	0.24		-0.36	0.26	-0.34	-0.22	-0.13	0.36	-0.14	0.36	0.37	0.5
Total Liab	0.36	0.99	-0.16	0.6	-0.37	-0.42	0.86	0.42	0.05	-0.3	0.42	-0.22	0.34	0.24	-0.31	-0.36		0.37	0.98	-0.22	0.16	-0.46	0.42	-0.48	-0.5	-0.86
Total Current Assets	1.0	0.42	0.85	0.12	-1.0	0.13	0.68	0.99	0.62	0.43	0.99	0.04	-0.18	0.12	0.41	0.26	0.37		0.44	-0.18	-0.41	-0.31	0.06	-0.22	0.42	0.04
Other Current Liab	0.43	0.98	-0.08	0.6	-0.44	-0.32	0.85	0.48	0.12	-0.25	0.48	-0.15	0.25	0.16	-0.22	-0.34	0.98	0.44		-0.16	0.06	-0.52	0.33	-0.54	-0.38	-0.77
Short Term Investments	-0.19	-0.24	-0.08	0.04	0.21	0.34	-0.16	-0.25	-0.2	-0.12	-0.21	0.23	-0.19	-0.42	0.28	-0.22	-0.22	-0.18	-0.16		-0.47	-0.43	-0.31	-0.36	0.13	0.18
Short Long Term Debt Total	-0.42	0.12	-0.53	-0.09	0.41	-0.64	-0.19	-0.35	-0.5	-0.5	-0.36	-0.45	0.48	0.53	-0.68	-0.13	0.16	-0.41	0.06	-0.47		0.51	0.47	0.46	-0.63	-0.47
Short Term Debt	-0.32	-0.43	-0.08	-0.62	0.3	-0.1	-0.55	-0.3	-0.24	-0.05	-0.32	0.02	0.0	0.21	-0.18	0.36	-0.46	-0.31	-0.52	-0.43	0.51		0.01	0.85	0.09	0.34
Common Stock	0.07	0.39	-0.16	0.17	-0.08	-0.96	0.22	0.13	0.11	-0.01	0.14	-0.82	0.93	0.94	-0.8	-0.14	0.42	0.06	0.33	-0.31	0.47	0.01		-0.21	-0.61	-0.57
Current Deferred Revenue	-0.23	-0.47	0.02	-0.61	0.22	0.12	-0.5	-0.21	-0.2	-0.01	-0.24	0.11	-0.24	0.03	-0.02	0.36	-0.48	-0.22	-0.54	-0.36	0.46	0.85	-0.21		0.25	0.38
Net Tangible Assets	0.44	-0.44	0.74	-0.33	-0.45	0.73	-0.16	0.38	0.51	0.6	0.38	0.4	-0.66	-0.44	0.67	0.37	-0.5	0.42	-0.38	0.13	-0.63	0.09	-0.61	0.25		0.84
Other Assets	0.06	-0.81	0.53	-0.52	-0.05	0.64	-0.59	-0.01	0.27	0.51	-0.01	0.38	-0.57	-0.37	0.57	0.5	-0.86	0.04	-0.77	0.18	-0.47	0.34	-0.57	0.38	0.84

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Amarc Resources Account Relationship Matchups

Amarc Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	529.1K	1.6M	991.8K	6.1M	9.8M	10.3M
Total Current Liabilities	992.1K	963.4K	902.7K	5.9M	7.2M	7.6M
Total Stockholder Equity	(975.1K)	26.9K	(628.4K)	(465.4K)	1.8M	3.2M
Net Debt	562.9K	261.9K	363.9K	(4.4M)	(8.2M)	(8.6M)
Retained Earnings	(70.9M)	(69.6M)	(70.0M)	(70.0M)	(70.0M)	(73.5M)
Accounts Payable	100.1K	51.9K	175.9K	944.4K	842.8K	885.0K
Cash	249.2K	308.1K	370.8K	5.1M	9.0M	9.5M
Non Current Assets Total	178.1K	178.5K	260.9K	602.0K	576.9K	378.2K
Non Currrent Assets Other	178.1K	178.5K	178.6K	539.8K	(1.0)	(0.95)
Cash And Short Term Investments	267.5K	1.3M	682.1K	5.3M	9.0M	9.5M
Net Receivables	16.9K	26.9K	25.4K	199.2K	158.2K	150.3K
Common Stock Shares Outstanding	171.8M	178.7M	181.5M	186.6M	195.0M	121.3M
Liabilities And Stockholders Equity	529.1K	1.6M	991.8K	6.1M	9.8M	10.3M
Other Stockholder Equity	5.1M	5.6M	4.9M	4.1M	3.7M	3.5M
Total Liab	1.5M	1.5M	1.6M	6.6M	8.0M	8.4M
Total Current Assets	350.9K	1.4M	730.9K	5.5M	9.3M	9.7M
Other Current Liab	592.0K	911.5K	709.7K	4.9M	7.2M	7.5M
Short Term Investments	18.4K	1.0M	311.3K	139.3K	41.6K	39.5K
Accumulated Other Comprehensive Income	5.6M	4.9M	4.1M	4.3M	4.6M	4.1M
Short Long Term Debt Total	812.1K	570K	734.7K	720.9K	837.2K	848.5K
Short Term Debt	893.8K	300K	17.1K	20.7K	23.4K	22.3K
Common Stock	64.0M	64.3M	64.7M	65.2M	67.2M	63.7M
Net Tangible Assets	(542.9K)	(975.1K)	26.9K	(628.4K)	(565.6K)	(537.3K)
Other Assets	178.1K	178.5K	178.6K	1.0	0.9	0.86
Non Current Liabilities Total	512.1K	570K	717.5K	700.2K	813.7K	641.9K
Net Invested Capital	(163.0K)	561.2K	16.2K	182.6K	2.6M	2.7M
Net Working Capital	(641.1K)	418.4K	(171.8K)	(367.3K)	2.1M	2.2M

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