CWEB Stock | | | CAD 0.16 0.01 6.67% |
Charlottes Web financial indicator trend analysis is way more than just evaluating Charlottes Web Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Charlottes Web Holdings is a good investment. Please check the relationship between Charlottes Web Ptb 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 Charlottes Web 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 board of governors.
Ptb Ratio vs Price To Sales Ratio
Ptb 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
Charlottes Web Holdings Ptb Ratio account and
Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Charlottes Web's Ptb Ratio and Price To Sales Ratio is 1.0. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Charlottes Web Holdings, assuming nothing else is changed. The correlation between historical values of Charlottes Web's Ptb 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 Ptb Ratio of Charlottes Web 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 Ptb Ratio i.e., Charlottes Web's Ptb Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Charlottes Web Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Charlottes Web sales, a figure that is much harder to manipulate than other Charlottes Web 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 Charlottes Web's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Charlottes Web 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 Charlottes Web 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 board of governors.
At this time, Charlottes Web's
Tax Provision is very stable compared to the past year. As of the 13th of December 2024,
Sales General And Administrative To Revenue is likely to grow to 0.93, while
Selling General Administrative is likely to drop about 45.2
M.
Charlottes Web fundamental ratios Correlations
Click cells to compare fundamentals
Charlottes Web Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Charlottes Web fundamental ratios Accounts
Other Information on Investing in Charlottes Stock
Balance Sheet is a snapshot of the
financial position of Charlottes Web Holdings at a specified time, usually calculated after every quarter, six months, or one year. Charlottes Web Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Charlottes Web and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Charlottes currently owns. An asset can also be divided into two categories, current and non-current.