Exchange Ev To Sales vs Ptb Ratio Analysis

EIF Stock  CAD 56.79  0.17  0.30%   
Exchange Income financial indicator trend analysis is much more than just examining Exchange Income latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exchange Income is a good investment. Please check the relationship between Exchange Income Ev To Sales and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exchange Income. 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.

Ev To Sales vs Ptb Ratio

Ev To Sales vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exchange Income Ev To Sales account and Ptb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Exchange Income's Ev To Sales and Ptb Ratio is 0.07. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Exchange Income, assuming nothing else is changed. The correlation between historical values of Exchange Income's Ev To Sales and Ptb 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 Exchange Income are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Ev To Sales i.e., Exchange Income's Ev To Sales and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

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.
Most indicators from Exchange Income's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exchange Income 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exchange Income. 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, Exchange Income's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Discontinued Operations is likely to grow to about 24 M, while Tax Provision is likely to drop about 28.3 M.
 2021 2022 2023 2024 (projected)
Total Revenue1.4B2.1B2.5B2.6B
Income Tax Expense25.7M41.8M40.8M42.8M

Exchange Income fundamental ratios Correlations

0.971.01.01.0-0.850.980.91.00.90.930.951.00.60.811.00.980.981.00.90.430.991.00.450.99-0.05
0.970.970.960.96-0.820.980.920.960.920.950.910.960.610.790.970.980.980.970.930.340.970.970.530.96-0.11
1.00.971.00.99-0.830.970.881.00.880.920.960.990.560.830.990.980.980.990.910.40.990.990.450.99-0.03
1.00.961.01.0-0.860.950.881.00.880.90.961.00.570.810.990.970.960.990.880.450.990.990.470.99-0.02
1.00.960.991.0-0.860.970.91.00.90.920.941.00.590.81.00.970.981.00.890.470.991.00.460.99-0.02
-0.85-0.82-0.83-0.86-0.86-0.78-0.83-0.86-0.83-0.67-0.8-0.86-0.62-0.51-0.85-0.83-0.79-0.87-0.77-0.65-0.88-0.85-0.62-0.840.12
0.980.980.970.950.97-0.780.920.960.920.960.910.970.650.810.980.970.990.970.90.340.960.970.40.97-0.12
0.90.920.880.880.9-0.830.920.91.00.820.840.90.760.640.910.90.910.910.790.40.910.90.520.91-0.27
1.00.961.01.01.0-0.860.960.90.90.90.951.00.590.811.00.980.971.00.890.451.00.990.460.99-0.04
0.90.920.880.880.9-0.830.921.00.90.820.840.90.760.640.910.90.910.910.790.40.910.90.520.91-0.27
0.930.950.920.90.92-0.670.960.820.90.820.870.910.490.810.930.910.970.910.90.260.890.930.360.9-0.04
0.950.910.960.960.94-0.80.910.840.950.840.870.940.560.760.940.90.930.940.850.360.940.940.430.93-0.01
1.00.960.991.01.0-0.860.970.91.00.90.910.940.610.81.00.970.981.00.880.460.991.00.430.99-0.04
0.60.610.560.570.59-0.620.650.760.590.760.490.560.610.250.610.580.60.610.520.310.610.570.230.63-0.11
0.810.790.830.810.8-0.510.810.640.810.640.810.760.80.250.80.850.80.790.770.110.810.80.170.81-0.22
1.00.970.990.991.0-0.850.980.911.00.910.930.941.00.610.80.980.981.00.90.440.991.00.450.99-0.05
0.980.980.980.970.97-0.830.970.90.980.90.910.90.970.580.850.980.970.970.910.370.980.970.490.98-0.13
0.980.980.980.960.98-0.790.990.910.970.910.970.930.980.60.80.980.970.980.920.370.960.980.420.97-0.08
1.00.970.990.991.0-0.870.970.911.00.910.910.941.00.610.791.00.970.980.880.470.991.00.460.99-0.04
0.90.930.910.880.89-0.770.90.790.890.790.90.850.880.520.770.90.910.920.880.360.910.890.430.9-0.07
0.430.340.40.450.47-0.650.340.40.450.40.260.360.460.310.110.440.370.370.470.360.450.460.250.450.17
0.990.970.990.990.99-0.880.960.911.00.910.890.940.990.610.810.990.980.960.990.910.450.990.480.99-0.08
1.00.970.990.991.0-0.850.970.90.990.90.930.941.00.570.81.00.970.981.00.890.460.990.450.99-0.05
0.450.530.450.470.46-0.620.40.520.460.520.360.430.430.230.170.450.490.420.460.430.250.480.450.41-0.03
0.990.960.990.990.99-0.840.970.910.990.910.90.930.990.630.810.990.980.970.990.90.450.990.990.41-0.05
-0.05-0.11-0.03-0.02-0.020.12-0.12-0.27-0.04-0.27-0.04-0.01-0.04-0.11-0.22-0.05-0.13-0.08-0.04-0.070.17-0.08-0.05-0.03-0.05
Click cells to compare fundamentals

Exchange Income Account Relationship Matchups

Exchange Income fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.3B2.6B3.5B4.1B4.3B
Total Current Liabilities280.3M295.3M475.4M580.5M618.6M649.6M
Total Stockholder Equity729.8M685.9M800.3M1.0B1.2B1.3B
Property Plant And Equipment Net1.1B1.0B1.2B1.4B1.7B1.8B
Net Debt1.1B1.1B1.2B1.6B1.9B2.0B
Retained Earnings(51.5M)(103.4M)(120.2M)(108.0M)(100.3M)(95.3M)
Accounts Payable210.5M214.5M267.6M451.9M461.9M485.0M
Cash22.1M69.9M75.4M139.9M103.6M108.7M
Non Current Assets Total1.7B1.7B1.9B2.5B2.9B3.1B
Cash And Short Term Investments22.1M69.9M75.4M139.9M103.6M108.7M
Net Receivables310.1M285.3M329.5M468.2M583.8M613.0M
Common Stock Shares Outstanding38.1M36.0M38.1M47.3M52.0M54.6M
Liabilities And Stockholders Equity2.3B2.3B2.6B3.5B4.1B4.3B
Non Current Liabilities Total1.3B1.3B1.3B1.9B2.2B2.3B
Other Current Assets31.2M55.9M40.1M205.6M63.6M32.7M
Total Liab1.5B1.6B1.8B2.5B2.8B3.0B
Property Plant And Equipment Gross1.1B1.0B1.8B2.3B2.7B2.9B
Total Current Assets588.2M619.0M700.5M1.0B1.2B1.2B
Accumulated Other Comprehensive Income32.9M18.1M21.0M60.9M45.5M47.8M
Short Long Term Debt Total1.1B1.2B1.3B1.8B2.0B2.1B
Current Deferred Revenue46.6M53.0M83.7M90.6M112.6M118.2M
Non Currrent Assets Other37.8M26.4M7.8M25.4M12.5M13.1M
Good Will359.8M397.6M486.9M626.3M713.2M748.9M
Inventory224.9M235.9M255.5M335.1M408.4M428.8M
Short Term Debt23.3M22.6M119.4M31.1M36.9M21.2M
Intangible Assets164.7M161.8M180.7M300.4M332.4M349.0M
Other Current Liab210.5M5.3M4.6M6.9M7.3M6.9M
Common Stock Total Equity576.5M588.5M709.5M731.3M841.0M534.1M
Common Stock709.5M731.3M852.8M1.0B1.3B687.1M
Other Liab129.6M117.2M141.2M197.4M227.0M118.2M
Net Tangible Assets205.4M126.6M132.7M92.3M83.1M110.4M
Other Assets37.8M26.4M7.8M15.2M17.5M17.9M
Long Term Debt1.0B1.1B1.1B1.6B1.8B1.0B
Property Plant Equipment1.1B1.0B1.2B1.4B1.7B914.9M
Long Term Investments42.4M49.0M58.8M109.1M121.2M127.3M
Long Term Debt Total1.1B1.2B1.2B1.7B2.0B1.1B
Capital Lease Obligations113.9M96.4M90M164.3M180.2M189.2M

Pair Trading with Exchange Income

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Exchange Income position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Exchange Income will appreciate offsetting losses from the drop in the long position's value.

Moving together with Exchange Stock

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The ability to find closely correlated positions to Exchange Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exchange Income when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Exchange Income - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Exchange Income to buy it.
The correlation of Exchange Income is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Exchange Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exchange Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Exchange Income can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Exchange Stock

Balance Sheet is a snapshot of the financial position of Exchange Income at a specified time, usually calculated after every quarter, six months, or one year. Exchange Income Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Exchange Income 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 Exchange currently owns. An asset can also be divided into two categories, current and non-current.