CMC Payout Ratio vs Price To Sales Ratio Analysis

CMB Stock  CAD 0.02  0.01  33.33%   
CMC Metals financial indicator trend analysis is way more than just evaluating CMC Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CMC Metals is a good investment. Please check the relationship between CMC Metals Payout Ratio and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CMC Metals. 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.

Payout Ratio vs Price To Sales Ratio

Payout Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CMC Metals Payout Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CMC Metals' Payout Ratio and Price To Sales Ratio is -0.01. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of CMC Metals, assuming nothing else is changed. The correlation between historical values of CMC Metals' Payout Ratio 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 Payout Ratio of CMC Metals 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 Payout Ratio i.e., CMC Metals' Payout Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payout Ratio

Payout Ratio is the proportion of CMC Metals earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of CMC Metals dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating CMC Metals is paying out more in dividends than it makes in net income.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing CMC Metals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on CMC Metals sales, a figure that is much harder to manipulate than other CMC Metals 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 CMC Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CMC Metals 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 CMC Metals. 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.
Enterprise Value is likely to climb to about 12.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 511.5 K in 2024.

CMC Metals fundamental ratios Correlations

-0.040.960.230.52-0.02-0.110.99-0.13-0.12-0.27-0.270.780.2-0.160.210.990.130.610.120.16-0.68-0.120.020.710.29
-0.04-0.30.87-0.06-0.47-0.450.02-0.46-0.39-0.45-0.44-0.080.93-0.490.780.020.01-0.590.20.850.25-0.430.74-0.240.22
0.96-0.30.010.560.060.00.94-0.02-0.04-0.19-0.180.76-0.07-0.050.010.940.120.70.09-0.06-0.730.04-0.140.760.25
0.230.870.010.36-0.67-0.70.32-0.72-0.66-0.69-0.610.120.82-0.770.950.33-0.07-0.40.290.95-0.19-0.130.830.210.37
0.52-0.060.560.36-0.66-0.320.56-0.36-0.48-0.77-0.660.4-0.13-0.470.530.590.010.080.360.36-0.80.650.460.840.53
-0.02-0.470.06-0.67-0.660.42-0.090.460.520.940.88-0.11-0.240.58-0.8-0.12-0.130.53-0.65-0.660.25-0.39-0.82-0.3-0.43
-0.11-0.450.0-0.7-0.320.42-0.211.00.840.380.21-0.09-0.40.97-0.55-0.230.520.24-0.01-0.530.2-0.09-0.56-0.22-0.13
0.990.020.940.320.56-0.09-0.21-0.23-0.22-0.33-0.320.770.24-0.270.281.00.090.560.150.23-0.7-0.090.090.730.32
-0.13-0.46-0.02-0.72-0.360.461.0-0.230.850.430.26-0.1-0.40.98-0.58-0.250.480.24-0.04-0.570.23-0.11-0.57-0.25-0.17
-0.12-0.39-0.04-0.66-0.480.520.84-0.220.850.50.320.02-0.30.91-0.61-0.230.50.26-0.04-0.550.37-0.24-0.65-0.33-0.26
-0.27-0.45-0.19-0.69-0.770.940.38-0.330.430.50.95-0.2-0.280.55-0.82-0.36-0.190.41-0.69-0.660.39-0.31-0.79-0.48-0.47
-0.27-0.44-0.18-0.61-0.660.880.21-0.320.260.320.95-0.23-0.290.39-0.73-0.34-0.430.4-0.76-0.60.27-0.16-0.65-0.38-0.42
0.78-0.080.760.120.4-0.11-0.090.77-0.10.02-0.2-0.230.11-0.110.10.770.180.50.150.05-0.43-0.050.00.410.3
0.20.93-0.070.82-0.13-0.24-0.40.24-0.4-0.3-0.28-0.290.11-0.410.680.230.04-0.270.090.780.14-0.590.56-0.140.16
-0.16-0.49-0.05-0.77-0.470.580.97-0.270.980.910.550.39-0.11-0.41-0.67-0.290.430.3-0.1-0.630.3-0.15-0.66-0.31-0.25
0.210.780.010.950.53-0.8-0.550.28-0.58-0.61-0.82-0.730.10.68-0.670.30.02-0.40.410.96-0.30.110.870.320.52
0.990.020.940.330.59-0.12-0.231.0-0.25-0.23-0.36-0.340.770.23-0.290.30.080.540.160.24-0.71-0.060.120.750.33
0.130.010.12-0.070.01-0.130.520.090.480.5-0.19-0.430.180.040.430.020.080.040.410.040.1-0.22-0.21-0.01-0.02
0.61-0.590.7-0.40.080.530.240.560.240.260.410.40.5-0.270.3-0.40.540.04-0.21-0.39-0.550.06-0.580.51-0.08
0.120.20.090.290.36-0.65-0.010.15-0.04-0.04-0.69-0.760.150.09-0.10.410.160.41-0.210.23-0.060.130.380.210.24
0.160.85-0.060.950.36-0.66-0.530.23-0.57-0.55-0.66-0.60.050.78-0.630.960.240.04-0.390.23-0.2-0.040.770.20.48
-0.680.25-0.73-0.19-0.80.250.2-0.70.230.370.390.27-0.430.140.3-0.3-0.710.1-0.55-0.06-0.2-0.52-0.16-0.96-0.31
-0.12-0.430.04-0.130.65-0.39-0.09-0.09-0.11-0.24-0.31-0.16-0.05-0.59-0.150.11-0.06-0.220.060.13-0.04-0.520.160.480.38
0.020.74-0.140.830.46-0.82-0.560.09-0.57-0.65-0.79-0.650.00.56-0.660.870.12-0.21-0.580.380.77-0.160.160.150.37
0.71-0.240.760.210.84-0.3-0.220.73-0.25-0.33-0.48-0.380.41-0.14-0.310.320.75-0.010.510.210.2-0.960.480.150.28
0.290.220.250.370.53-0.43-0.130.32-0.17-0.26-0.47-0.420.30.16-0.250.520.33-0.02-0.080.240.48-0.310.380.370.28
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CMC Metals Account Relationship Matchups

CMC Metals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets694.8K1.0M1.7M946.2K1.1M1.0M
Total Current Liabilities936.4K798.6K925.1K942.1K1.1M1.1M
Total Stockholder Equity(262.7K)(196.5K)178.2K(603.5K)(543.2K)(516.0K)
Net Debt(279.5K)(499.5K)(858.9K)(127.5K)(146.6K)(139.3K)
Retained Earnings(21.5M)(24.6M)(28.8M)(32.3M)(29.1M)(27.6M)
Accounts Payable228.7K283.7K394.7K433.2K498.2K523.1K
Cash300.6K524.1K891.7K166.0K190.8K269.4K
Non Current Assets Total258.2K402.3K487.5K582.2K524.0K497.8K
Cash And Short Term Investments300.6K524.1K916.7K191.0K219.6K307.6K
Net Receivables105.4K62.3K229.4K42.5K48.9K46.2K
Common Stock Shares Outstanding51.1M80.4M110.5M137.3M157.8M165.7M
Liabilities And Stockholders Equity694.8K1.0M1.7M946.2K1.1M1.0M
Other Current Assets30.5K30.7K77.6K130.5K150.1K157.6K
Other Stockholder Equity613.9K958.3K2.3M(42K)(37.8K)(35.9K)
Total Liab957.5K1.2M1.5M1.5M1.8M1.6M
Total Current Assets436.5K617.1K1.2M364.0K418.6K422.9K
Short Long Term Debt Total21.1K24.6K32.9K38.4K44.2K42.0K
Non Currrent Assets Other258.2K402.3K421.0K(42K)(48.3K)(45.9K)
Non Current Liabilities Total21.1K417.4K608.0K607.7K546.9K444.4K
Other Current Liab707.7K514.9K530.3K508.9K585.2K369.3K
Accumulated Other Comprehensive Income613.9K958.3K2.3M3.1M3.6M3.8M
Common Stock20.7M23.4M26.7M28.7M33.0M21.6M
Net Tangible Assets(1.4M)(262.7K)(196.5K)178.2K205.0K215.2K
Other Assets256.4K258.2K402.3K421.0K484.2K317.2K
Net Invested Capital(241.6K)(171.8K)211.1K(565.1K)(649.9K)(682.4K)
Net Working Capital(499.9K)(181.4K)298.7K(578.1K)(664.8K)(698.0K)
Capital Stock20.7M23.4M26.7M28.7M33.0M25.2M

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Additional Tools for CMC Stock Analysis

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