Heartbeam Ev To Sales vs Price To Sales Ratio Analysis

BEATW Stock  USD 0.79  0.09  12.86%   
Heartbeam Warrant financial indicator trend analysis is much more than just examining Heartbeam Warrant latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Heartbeam Warrant is a good investment. Please check the relationship between Heartbeam Warrant Ev To Sales and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Heartbeam Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Heartbeam Stock please use our How to Invest in Heartbeam Warrant guide.

Ev To Sales vs Price To Sales Ratio

Ev To Sales vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Heartbeam Warrant Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Heartbeam Warrant's Ev To Sales and Price To Sales Ratio is 0.98. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Heartbeam Warrant, assuming nothing else is changed. The correlation between historical values of Heartbeam Warrant's Ev To Sales 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 Ev To Sales of Heartbeam Warrant 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 Ev To Sales i.e., Heartbeam Warrant's Ev To Sales and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Heartbeam Warrant stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Heartbeam Warrant sales, a figure that is much harder to manipulate than other Heartbeam Warrant 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 Heartbeam Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Heartbeam Warrant 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 Heartbeam Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Heartbeam Stock please use our How to Invest in Heartbeam Warrant guide.At this time, Heartbeam Warrant's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.32 in 2024, whereas Selling General Administrative is likely to drop slightly above 8.1 M in 2024.
 2023 2024 (projected)
Other Operating Expenses15.3M14.5M
Gross Profit288.1M302.5M

Heartbeam Warrant fundamental ratios Correlations

0.990.920.89-0.150.820.710.820.990.920.960.90.840.94-0.410.840.990.910.050.970.92-0.12-0.130.790.060.12
0.990.850.91-0.180.860.780.870.950.950.910.890.830.95-0.480.880.970.94-0.010.930.9-0.17-0.160.83-0.030.03
0.920.850.69-0.110.590.460.60.960.70.970.80.710.79-0.160.630.950.740.240.980.88-0.06-0.090.620.30.37
0.890.910.69-0.130.940.730.750.840.930.810.720.720.82-0.390.80.850.810.040.830.69-0.07-0.110.620.040.07
-0.15-0.18-0.11-0.13-0.15-0.46-0.28-0.11-0.2-0.02-0.10.24-0.20.08-0.17-0.15-0.09-0.44-0.11-0.170.961.0-0.16-0.26-0.34
0.820.860.590.94-0.150.730.760.750.950.720.690.650.76-0.440.720.760.8-0.050.730.62-0.11-0.130.55-0.07-0.04
0.710.780.460.73-0.460.730.920.630.840.510.770.630.85-0.760.850.670.8-0.230.560.68-0.51-0.430.83-0.31-0.22
0.820.870.60.75-0.280.760.920.750.910.650.910.810.96-0.830.930.780.9-0.340.680.81-0.36-0.250.92-0.43-0.35
0.990.950.960.84-0.110.750.630.750.850.990.880.820.9-0.330.790.990.860.110.990.91-0.07-0.090.730.140.21
0.920.950.70.93-0.20.950.840.910.850.790.860.80.92-0.60.880.870.92-0.120.810.78-0.2-0.180.77-0.19-0.13
0.960.910.970.81-0.020.720.510.650.990.790.820.780.82-0.210.70.970.80.171.00.870.040.00.640.240.29
0.90.890.80.72-0.10.690.770.910.880.860.820.920.96-0.690.910.890.91-0.240.830.92-0.16-0.080.9-0.26-0.17
0.840.830.710.720.240.650.630.810.820.80.780.920.88-0.650.890.820.89-0.380.770.810.180.260.85-0.37-0.32
0.940.950.790.82-0.20.760.850.960.90.920.820.960.88-0.690.940.920.94-0.190.850.9-0.24-0.180.93-0.24-0.16
-0.41-0.48-0.16-0.390.08-0.44-0.76-0.83-0.33-0.6-0.21-0.69-0.65-0.69-0.73-0.35-0.610.71-0.23-0.470.250.06-0.750.80.74
0.840.880.630.8-0.170.720.850.930.790.880.70.910.890.94-0.730.810.91-0.270.720.79-0.22-0.140.92-0.36-0.29
0.990.970.950.85-0.150.760.670.780.990.870.970.890.820.92-0.350.810.880.10.990.93-0.11-0.130.770.120.19
0.910.940.740.81-0.090.80.80.90.860.920.80.910.890.94-0.610.910.88-0.190.810.84-0.12-0.070.89-0.26-0.19
0.05-0.010.240.04-0.44-0.05-0.23-0.340.11-0.120.17-0.24-0.38-0.190.71-0.270.1-0.190.2-0.05-0.25-0.45-0.350.860.87
0.970.930.980.83-0.110.730.560.680.990.811.00.830.770.85-0.230.720.990.810.20.88-0.05-0.090.660.240.3
0.920.90.880.69-0.170.620.680.810.910.780.870.920.810.9-0.470.790.930.84-0.050.88-0.19-0.150.85-0.010.08
-0.12-0.17-0.06-0.070.96-0.11-0.51-0.36-0.07-0.20.04-0.160.18-0.240.25-0.22-0.11-0.12-0.25-0.05-0.190.96-0.25-0.06-0.15
-0.13-0.16-0.09-0.111.0-0.13-0.43-0.25-0.09-0.180.0-0.080.26-0.180.06-0.14-0.13-0.07-0.45-0.09-0.150.96-0.14-0.27-0.36
0.790.830.620.62-0.160.550.830.920.730.770.640.90.850.93-0.750.920.770.89-0.350.660.85-0.25-0.14-0.41-0.32
0.06-0.030.30.04-0.26-0.07-0.31-0.430.14-0.190.24-0.26-0.37-0.240.8-0.360.12-0.260.860.24-0.01-0.06-0.27-0.410.99
0.120.030.370.07-0.34-0.04-0.22-0.350.21-0.130.29-0.17-0.32-0.160.74-0.290.19-0.190.870.30.08-0.15-0.36-0.320.99
Click cells to compare fundamentals

Heartbeam Warrant Account Relationship Matchups

Heartbeam Warrant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7K51K14.0M4.0M17.1M16.3M
Total Stockholder Equity(3.7M)(4.8M)13.4M2.4M15.9M15.1M
Net Debt3.4M4.3M(13.2M)(3.6M)(16.2M)(15.4M)
Cash5K24K13.2M3.6M16.2M17.4M
Cash And Short Term Investments5K24K13.2M3.6M16.2M19.6M
Liabilities And Stockholders Equity7K51K14.0M4.0M17.1M16.3M
Other Stockholder Equity1K11K22.6M24.6M52.8M50.1M
Total Liab3.7M4.8M588K1.7M1.2M1.1M
Total Current Assets7K51K14.0M4.0M16.8M16.0M
Short Long Term Debt Total199.4M198.5M3.4M4.3M4.9M4.7M
Other Current Liab312K540.5K587.4K1.7M1.2M1.1M
Total Current Liabilities354K4.8M588K1.7M1.2M1.1M
Retained Earnings(3.7M)(4.8M)(9.2M)(22.2M)(36.8M)(38.7M)
Accounts Payable310.0474.0587.01.7K1.2K1.1K
Non Current Liabilities Total223.9M226.7M3.4M4.3M0.01.7M
Other Current Assets2K27K806K445K636K604.2K
Short Term Debt2.1M5.1M42K4.3M3.9M3.4M
Current Deferred Revenue4.3M3.1M(310.0)(474.0)(545.1)(517.84)

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Additional Tools for Heartbeam Stock Analysis

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