Covalon Historical Financial Ratios

COV Stock

CAD 3.48 0.08 2.25%

Covalon Technologies is presently reporting on over 93 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0, PTB Ratio of 2.16 or Days Sales Outstanding of 79.64 will help investors to properly organize and evaluate Covalon Technologies financial condition quickly.

Quick Ratio Current Ratio

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Covalon Technologies. 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.

About Covalon Financial Ratios Analysis

Covalon TechnologiesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Covalon Technologies investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Covalon financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Covalon Technologies history.

Covalon Technologies Financial Ratios Chart

At this time, Covalon Technologies' Graham Number is fairly stable compared to the past year.

Price To Sales Ratio Ptb Ratio Days Sales Outstanding Book Value Per Share Stock Based Compensation To Revenue Capital Expenditure Coverage Ratio

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing Covalon Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Covalon Technologies sales, a figure that is much harder to manipulate than other Covalon Technologies 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.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Stock Based Compensation To Revenue

A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.

Most ratios from Covalon Technologies' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Covalon Technologies current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Covalon Technologies. 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.

At this time, Covalon Technologies' Graham Number is fairly stable compared to the past year.

	2022	2023	2024 (projected)
Days Sales Outstanding	84.57	97.26	79.64
PTB Ratio	1.98	2.27	2.16

Days Sales Outstanding Ptb Ratio

Covalon Technologies fundamentals Correlations

	Price To Sales Ratio	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Average Inventory	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe
Price To Sales Ratio		0.39	0.34	0.26	0.18	-0.15	-0.81	0.82	0.39	1.0	-0.24	-0.1	-0.26	-0.2	0.21	-0.42	-0.22	0.23	-0.21	-0.06	-0.91	-0.07	-0.09	0.62	-0.26	-0.05
Ptb Ratio	0.39		-0.26	-0.23	0.35	0.19	-0.18	0.41	1.0	0.46	0.17	0.04	-0.47	0.04	0.6	-0.2	0.46	-0.23	-0.35	0.29	-0.13	0.3	-0.71	0.23	-0.72	0.14
Days Sales Outstanding	0.34	-0.26		0.57	-0.37	-0.44	-0.39	0.22	-0.26	0.29	-0.45	0.17	0.02	0.13	-0.24	-0.11	-0.43	0.38	0.27	-0.32	-0.42	-0.33	0.45	0.17	0.44	0.15
Book Value Per Share	0.26	-0.23	0.57		0.28	0.06	-0.29	0.27	-0.23	0.2	0.01	0.5	-0.06	0.37	-0.07	0.11	-0.07	0.13	0.85	-0.19	-0.42	-0.2	0.47	-0.1	0.08	0.47
Free Cash Flow Yield	0.18	0.35	-0.37	0.28		0.83	-0.06	0.11	0.35	0.19	0.79	0.55	-0.07	0.46	0.23	0.09	0.35	-0.5	0.33	0.18	-0.11	0.18	-0.11	-0.08	-0.42	0.6
Operating Cash Flow Per Share	-0.15	0.19	-0.44	0.06	0.83		0.12	-0.23	0.19	-0.15	0.99	0.67	0.3	0.67	-0.06	-0.02	0.17	-0.72	0.27	0.19	0.26	0.2	-0.06	-0.05	-0.06	0.74
Average Payables	-0.81	-0.18	-0.39	-0.29	-0.06	0.12		-0.71	-0.18	-0.78	0.2	0.17	-0.16	0.17	0.18	0.64	0.55	-0.38	0.11	0.0	0.79	0.01	0.09	-0.77	0.05	-0.01
Capex To Depreciation	0.82	0.41	0.22	0.27	0.11	-0.23	-0.71		0.41	0.83	-0.34	-0.25	-0.36	-0.43	0.32	-0.39	-0.08	0.41	-0.18	-0.01	-0.86	-0.02	-0.3	0.52	-0.44	-0.14
Pb Ratio	0.39	1.0	-0.26	-0.23	0.35	0.19	-0.18	0.41		0.46	0.17	0.04	-0.47	0.04	0.6	-0.2	0.46	-0.23	-0.35	0.29	-0.13	0.3	-0.71	0.23	-0.72	0.14
Ev To Sales	1.0	0.46	0.29	0.2	0.19	-0.15	-0.78	0.83	0.46		-0.24	-0.12	-0.31	-0.22	0.27	-0.42	-0.16	0.21	-0.26	-0.06	-0.88	-0.06	-0.15	0.62	-0.32	-0.07
Free Cash Flow Per Share	-0.24	0.17	-0.45	0.01	0.79	0.99	0.2	-0.34	0.17	-0.24		0.68	0.31	0.7	-0.08	0.01	0.19	-0.76	0.27	0.21	0.36	0.21	-0.05	-0.1	-0.02	0.73
Roic	-0.1	0.04	0.17	0.5	0.55	0.67	0.17	-0.25	0.04	-0.12	0.68		0.12	0.93	-0.1	0.23	0.22	-0.73	0.62	0.18	0.15	0.19	0.22	-0.29	0.2	0.92
Inventory Turnover	-0.26	-0.47	0.02	-0.06	-0.07	0.3	-0.16	-0.36	-0.47	-0.31	0.31	0.12		0.19	-0.92	-0.28	-0.76	-0.05	0.1	0.06	0.25	0.06	0.14	0.22	0.63	0.27
Net Income Per Share	-0.2	0.04	0.13	0.37	0.46	0.67	0.17	-0.43	0.04	-0.22	0.7	0.93	0.19		-0.15	0.1	0.14	-0.71	0.56	0.17	0.32	0.17	0.26	-0.2	0.26	0.87
Days Of Inventory On Hand	0.21	0.6	-0.24	-0.07	0.23	-0.06	0.18	0.32	0.6	0.27	-0.08	-0.1	-0.92	-0.15		0.07	0.76	-0.07	-0.15	-0.16	-0.12	-0.15	-0.18	-0.06	-0.66	-0.22
Payables Turnover	-0.42	-0.2	-0.11	0.11	0.09	-0.02	0.64	-0.39	-0.2	-0.42	0.01	0.23	-0.28	0.1	0.07		0.58	-0.26	0.23	0.28	0.22	0.27	-0.01	-0.96	-0.13	0.07
Average Inventory	-0.22	0.46	-0.43	-0.07	0.35	0.17	0.55	-0.08	0.46	-0.16	0.19	0.22	-0.76	0.14	0.76	0.58		-0.43	0.05	0.29	0.23	0.29	-0.31	-0.61	-0.62	0.07
Capex To Revenue	0.23	-0.23	0.38	0.13	-0.5	-0.72	-0.38	0.41	-0.23	0.21	-0.76	-0.73	-0.05	-0.71	-0.07	-0.26	-0.43		-0.1	-0.36	-0.37	-0.37	0.09	0.29	-0.06	-0.62
Cash Per Share	-0.21	-0.35	0.27	0.85	0.33	0.27	0.11	-0.18	-0.35	-0.26	0.27	0.62	0.1	0.56	-0.15	0.23	0.05	-0.1		-0.14	0.09	-0.15	0.52	-0.33	0.16	0.55
Pocfratio	-0.06	0.29	-0.32	-0.19	0.18	0.19	0.0	-0.01	0.29	-0.06	0.21	0.18	0.06	0.17	-0.16	0.28	0.29	-0.36	-0.14		0.08	1.0	-0.68	-0.29	-0.27	0.26
Interest Coverage	-0.91	-0.13	-0.42	-0.42	-0.11	0.26	0.79	-0.86	-0.13	-0.88	0.36	0.15	0.25	0.32	-0.12	0.22	0.23	-0.37	0.09	0.08		0.09	0.01	-0.44	0.19	0.11
Capex To Operating Cash Flow	-0.07	0.3	-0.33	-0.2	0.18	0.2	0.01	-0.02	0.3	-0.06	0.21	0.19	0.06	0.17	-0.15	0.27	0.29	-0.37	-0.15	1.0	0.09		-0.69	-0.28	-0.28	0.27
Pfcf Ratio	-0.09	-0.71	0.45	0.47	-0.11	-0.06	0.09	-0.3	-0.71	-0.15	-0.05	0.22	0.14	0.26	-0.18	-0.01	-0.31	0.09	0.52	-0.68	0.01	-0.69		-0.01	0.61	0.02
Days Payables Outstanding	0.62	0.23	0.17	-0.1	-0.08	-0.05	-0.77	0.52	0.23	0.62	-0.1	-0.29	0.22	-0.2	-0.06	-0.96	-0.61	0.29	-0.33	-0.29	-0.44	-0.28	-0.01		0.09	-0.14
Income Quality	-0.26	-0.72	0.44	0.08	-0.42	-0.06	0.05	-0.44	-0.72	-0.32	-0.02	0.2	0.63	0.26	-0.66	-0.13	-0.62	-0.06	0.16	-0.27	0.19	-0.28	0.61	0.09		0.16
Roe	-0.05	0.14	0.15	0.47	0.6	0.74	-0.01	-0.14	0.14	-0.07	0.73	0.92	0.27	0.87	-0.22	0.07	0.07	-0.62	0.55	0.26	0.11	0.27	0.02	-0.14	0.16

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Covalon Technologies Account Relationship Matchups

Covalon Technologies fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	1.2	3.34	3.44	1.4	1.61	1.53
Ptb Ratio	3.46	3.4	1.96	1.98	2.27	2.16
Days Sales Outstanding	47.16	119.34	95.19	84.57	97.26	79.64
Book Value Per Share	0.35	1.29	0.94	0.76	0.87	1.06
Free Cash Flow Yield	(0.0795)	(0.14)	0.006792	(0.15)	(0.12)	(0.11)
Stock Based Compensation To Revenue	0.0277	0.008372	0.0117	0.021	0.0242	0.023
Capex To Depreciation	0.31	0.25	1.05	1.36	1.56	1.67
Pb Ratio	3.46	3.4	1.96	1.98	2.27	2.16
Ev To Sales	1.88	2.3	2.78	1.13	1.29	1.23
Inventory Turnover	1.85	2.1	2.15	2.06	2.37	3.15
Net Income Per Share	(0.27)	0.91	(0.38)	(0.18)	(0.16)	(0.17)
Days Of Inventory On Hand	197.38	173.98	170.14	177.36	159.63	124.6
Payables Turnover	3.41	2.44	2.86	2.74	2.47	1.66
Research And Ddevelopement To Revenue	0.0308	0.0583	0.0603	0.0517	0.0594	0.0564
Capex To Revenue	0.0144	0.009082	0.0596	0.0495	0.0569	0.0541
Cash Per Share	0.14	0.89	0.55	0.35	0.41	0.69
Pocfratio	(7.7)	105.14	(7.8)	(11.68)	(10.51)	(9.98)
Capex To Operating Cash Flow	(0.0922)	0.29	(0.14)	(0.41)	(0.37)	(0.35)
Pfcf Ratio	(7.05)	147.23	(6.87)	(8.26)	(7.43)	(7.81)
Days Payables Outstanding	106.9	149.46	127.47	133.21	153.19	226.9
Income Quality	0.58	1.48	0.86	0.71	0.64	0.59
Roe	(0.76)	0.7	(0.4)	(0.24)	(0.21)	(0.22)
Ev To Operating Cash Flow	(12.02)	72.38	(6.31)	(9.4)	(8.46)	(8.04)
Pe Ratio	(4.46)	2.78	(6.45)	(8.33)	(7.5)	(7.12)
Return On Tangible Assets	(0.36)	0.59	(0.33)	(0.19)	(0.17)	(0.18)
Ev To Free Cash Flow	(11.0)	101.35	(5.56)	(6.65)	(5.99)	(6.29)
Earnings Yield	(0.18)	(0.22)	0.36	(0.16)	(0.12)	(0.11)
Intangibles To Total Assets	0.44	0.0221	0.042	0.0579	0.0521	0.0495
Net Debt To E B I T D A	(2.62)	(13.23)	1.47	2.07	2.38	2.5
Current Ratio	0.66	7.49	6.0	4.1	4.72	4.64
Tangible Book Value Per Share	(0.23)	1.26	0.89	0.7	0.81	0.85
Receivables Turnover	7.74	3.06	3.83	4.32	3.88	5.09
Graham Number	1.46	5.14	2.82	1.75	2.02	3.0

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Covalon Historical Financial Ratios

About Covalon Financial Ratios Analysis

Covalon Technologies Financial Ratios Chart

Price To Sales Ratio

Ptb Ratio

Book Value Per Share

Stock Based Compensation To Revenue

Covalon Technologies fundamentals Correlations

Covalon Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Covalon Technologies fundamentals Accounts

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Ev To Sales	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Ptb Ratio
Capex To Operating Cash Flow	+ 1.0	Pocfratio
Free Cash Flow Per Share	+ 0.99	Operating Cash Flow Per Share
Net Income Per Share	+ 0.93	Roic
Roe	+ 0.92	Roic

Days Payables Outstanding	- 0.96	Payables Turnover
Days Of Inventory On Hand	- 0.92	Inventory Turnover
Interest Coverage	- 0.91	Price To Sales Ratio
Interest Coverage	- 0.88	Ev To Sales
Interest Coverage	- 0.86	Capex To Depreciation
Average Payables	- 0.81	Price To Sales Ratio