Arena Days Payables Outstanding vs Price To Sales Ratio Analysis
AREN Stock | USD 1.59 0.08 5.30% |
Arena Group financial indicator trend analysis is way more than just evaluating Arena Group Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arena Group Holdings is a good investment. Please check the relationship between Arena Group Days Payables 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 Arena Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Days Payables Outstanding vs Price To Sales Ratio
Days Payables 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 Arena Group Holdings Days Payables Outstanding account and Price To Sales Ratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Arena Group's Days Payables Outstanding and Price To Sales Ratio is 0.88. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Arena Group Holdings, assuming nothing else is changed. The correlation between historical values of Arena Group's Days Payables 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 Payables Outstanding of Arena Group Holdings 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 Payables Outstanding i.e., Arena Group's Days Payables Outstanding and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Days Payables Outstanding
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Arena Group Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Arena Group sales, a figure that is much harder to manipulate than other Arena Group Holdings 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 Arena Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arena Group Holdings 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 Arena Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Arena Group's Selling General Administrative is very stable compared to the past year. As of the 27th of February 2025, Tax Provision is likely to grow to about 268.1 K, while Discontinued Operations is likely to drop (3.3 M).
2022 | 2023 | 2024 | 2025 (projected) | Total Revenue | 220.9M | 244.2M | 280.8M | 294.9M | Interest Expense | 11.4M | 18.0M | 20.7M | 21.7M |
Arena Group fundamental ratios Correlations
Click cells to compare fundamentals
Arena Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arena Group fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Other Current Assets | 858.3K | 14.8M | 30.9M | 36.3M | 41.7M | 43.8M | |
Other Liab | 31.4M | 26.5M | 30.2M | 26.0M | 29.9M | 21.6M | |
Net Tangible Assets | (150.5M) | (115.3M) | (137.9M) | (160.8M) | (144.7M) | (151.9M) | |
Property Plant Equipment | 4.6M | 19.4M | 1.2M | 1.1M | 1.3M | 1.2M | |
Other Assets | 30.8M | 25.9M | 8.9M | 15.3M | 17.6M | 17.8M | |
Net Invested Capital | 49.1M | 30.4M | 62.4M | 70.8M | 81.4M | 42.4M | |
Short Long Term Debt | 7.2M | 17.7M | 114.6M | 129.8M | 149.3M | 156.7M | |
Capital Stock | 20.7M | 126.3K | 182K | 237K | 213.3K | 202.6K | |
Non Current Liabilities Other | 2.7M | 7.6M | 5.3M | 56K | 64.4K | 61.2K | |
Net Working Capital | (33.7M) | (38.7M) | (137.7M) | (145.6M) | (131.1M) | (124.5M) | |
Capital Lease Obligations | 20.9M | 1.2M | 785K | 2.0M | 1.8M | 1.7M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arena Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Movies & Entertainment 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 Arena Group. If investors know Arena 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 Arena Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Arena Group Holdings is measured differently than its book value, which is the value of Arena that is recorded on the company's balance sheet. Investors also form their own opinion of Arena Group's value that differs from its market value or its book value, called intrinsic value, which is Arena Group'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 Arena Group's market value can be influenced by many factors that don't directly affect Arena Group'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 Arena Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arena Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arena Group'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.