Goodfood Ev To Operating Cash Flow vs Price To Sales Ratio Analysis

FOOD Stock

CAD 0.45 0.01 2.27%

Goodfood Market financial indicator trend analysis is much more than just examining Goodfood Market Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Goodfood Market Corp is a good investment. Please check the relationship between Goodfood Market Ev To Operating Cash Flow and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Goodfood Market Corp. 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 Operating Cash Flow vs Price To Sales Ratio

Ev To Operating Cash Flow vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Goodfood Market Corp Ev To Operating Cash Flow account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Goodfood Market's Ev To Operating Cash Flow and Price To Sales Ratio is -0.89. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Goodfood Market Corp, assuming nothing else is changed. The correlation between historical values of Goodfood Market's Ev To Operating Cash Flow 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 Operating Cash Flow of Goodfood Market Corp 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 Operating Cash Flow i.e., Goodfood Market's Ev To Operating Cash Flow and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Goodfood Market Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Goodfood Market sales, a figure that is much harder to manipulate than other Goodfood Market Corp 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 Goodfood Market's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Goodfood Market Corp 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 Goodfood Market Corp. 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.

As of the 30th of November 2024, Selling General Administrative is likely to drop to about 60.3 K. In addition to that, Tax Provision is likely to drop to about (57.6 K)

	2021	2022	2024 (projected)
Total Operating Expenses	133.3M	76.2M	60.3K
Cost Of Revenue	200.5M	103.2M	117.5M

Total Operating Expenses Cost Of Revenue

Goodfood Market fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.76	0.98	0.96	0.8	0.79	0.89	0.7	-0.23	-0.52	0.92	0.97	0.96	0.87	0.32	0.9	0.75	0.55	0.58	0.91	0.92	0.45	0.95	0.46	0.98	0.59
Short Long Term Debt Total	0.76		0.7	0.77	0.38	0.29	0.92	0.84	0.4	-0.69	0.67	0.64	0.83	0.6	0.77	0.72	0.91	0.87	0.85	0.86	0.87	0.7	0.84	0.74	0.68	0.88
Other Current Liab	0.98	0.7		0.91	0.86	0.85	0.87	0.64	-0.31	-0.36	0.86	0.96	0.93	0.89	0.24	0.91	0.69	0.49	0.49	0.83	0.91	0.42	0.89	0.42	0.97	0.55
Total Current Liabilities	0.96	0.77	0.91		0.64	0.65	0.83	0.79	-0.15	-0.64	0.97	0.92	0.92	0.85	0.35	0.84	0.75	0.59	0.64	0.91	0.85	0.55	0.97	0.61	0.94	0.7
Total Stockholder Equity	0.8	0.38	0.86	0.64		0.97	0.63	0.39	-0.62	0.07	0.65	0.88	0.67	0.85	0.07	0.86	0.52	0.28	0.26	0.49	0.75	-0.05	0.57	0.04	0.86	0.14
Net Tangible Assets	0.79	0.29	0.85	0.65	0.97		0.56	0.31	-0.71	0.02	0.67	0.87	0.66	0.81	-0.07	0.8	0.43	0.16	0.19	0.51	0.68	-0.09	0.58	-0.04	0.85	0.06
Property Plant And Equipment Net	0.89	0.92	0.87	0.83	0.63	0.56		0.76	0.16	-0.56	0.75	0.79	0.94	0.72	0.57	0.84	0.83	0.74	0.71	0.9	0.97	0.62	0.89	0.55	0.82	0.73
Current Deferred Revenue	0.7	0.84	0.64	0.79	0.39	0.31	0.76		0.16	-0.57	0.8	0.67	0.68	0.74	0.74	0.76	0.91	0.89	0.93	0.69	0.8	0.5	0.75	0.7	0.69	0.77
Net Debt	-0.23	0.4	-0.31	-0.15	-0.62	-0.71	0.16	0.16		-0.46	-0.25	-0.42	-0.02	-0.43	0.53	-0.29	0.15	0.37	0.3	0.13	-0.02	0.58	0.02	0.41	-0.37	0.47
Retained Earnings	-0.52	-0.69	-0.36	-0.64	0.07	0.02	-0.56	-0.57	-0.46		-0.6	-0.37	-0.62	-0.23	-0.46	-0.29	-0.55	-0.53	-0.61	-0.8	-0.46	-0.67	-0.75	-0.61	-0.42	-0.69
Accounts Payable	0.92	0.67	0.86	0.97	0.65	0.67	0.75	0.8	-0.25	-0.6		0.92	0.85	0.88	0.34	0.83	0.75	0.57	0.64	0.84	0.82	0.36	0.91	0.47	0.93	0.56
Cash	0.97	0.64	0.96	0.92	0.88	0.87	0.79	0.67	-0.42	-0.37	0.92		0.87	0.94	0.28	0.94	0.72	0.51	0.52	0.79	0.88	0.26	0.86	0.4	1.0	0.49
Non Current Assets Total	0.96	0.83	0.93	0.92	0.67	0.66	0.94	0.68	-0.02	-0.62	0.85	0.87		0.74	0.33	0.8	0.72	0.55	0.58	0.97	0.91	0.61	0.97	0.49	0.89	0.66
Other Assets	0.87	0.6	0.89	0.85	0.85	0.81	0.72	0.74	-0.43	-0.23	0.88	0.94	0.74		0.36	0.94	0.74	0.57	0.55	0.65	0.85	0.13	0.75	0.36	0.93	0.43
Long Term Debt	0.32	0.77	0.24	0.35	0.07	-0.07	0.57	0.74	0.53	-0.46	0.34	0.28	0.33	0.36		0.51	0.82	0.94	0.82	0.41	0.58	0.32	0.4	0.6	0.29	0.66
Cash And Short Term Investments	0.9	0.72	0.91	0.84	0.86	0.8	0.84	0.76	-0.29	-0.29	0.83	0.94	0.8	0.94	0.51		0.83	0.71	0.65	0.72	0.93	0.24	0.79	0.45	0.93	0.54
Net Receivables	0.75	0.91	0.69	0.75	0.52	0.43	0.83	0.91	0.15	-0.55	0.75	0.72	0.72	0.74	0.82	0.83		0.93	0.94	0.73	0.88	0.39	0.76	0.61	0.74	0.72
Common Stock Total Equity	0.55	0.87	0.49	0.59	0.28	0.16	0.74	0.89	0.37	-0.53	0.57	0.51	0.55	0.57	0.94	0.71	0.93		0.93	0.59	0.75	0.45	0.61	0.7	0.53	0.78
Common Stock Shares Outstanding	0.58	0.85	0.49	0.64	0.26	0.19	0.71	0.93	0.3	-0.61	0.64	0.52	0.58	0.55	0.82	0.65	0.94	0.93		0.63	0.72	0.46	0.65	0.66	0.55	0.74
Non Current Liabilities Total	0.91	0.86	0.83	0.91	0.49	0.51	0.9	0.69	0.13	-0.8	0.84	0.79	0.97	0.65	0.41	0.72	0.73	0.59	0.63		0.85	0.68	0.98	0.59	0.83	0.74
Inventory	0.92	0.87	0.91	0.85	0.75	0.68	0.97	0.8	-0.02	-0.46	0.82	0.88	0.91	0.85	0.58	0.93	0.88	0.75	0.72	0.85		0.44	0.87	0.47	0.89	0.63
Other Current Assets	0.45	0.7	0.42	0.55	-0.05	-0.09	0.62	0.5	0.58	-0.67	0.36	0.26	0.61	0.13	0.32	0.24	0.39	0.45	0.46	0.68	0.44		0.64	0.79	0.31	0.86
Total Liab	0.95	0.84	0.89	0.97	0.57	0.58	0.89	0.75	0.02	-0.75	0.91	0.86	0.97	0.75	0.4	0.79	0.76	0.61	0.65	0.98	0.87	0.64		0.61	0.89	0.74
Short Long Term Debt	0.46	0.74	0.42	0.61	0.04	-0.04	0.55	0.7	0.41	-0.61	0.47	0.4	0.49	0.36	0.6	0.45	0.61	0.7	0.66	0.59	0.47	0.79	0.61		0.42	0.96
Total Current Assets	0.98	0.68	0.97	0.94	0.86	0.85	0.82	0.69	-0.37	-0.42	0.93	1.0	0.89	0.93	0.29	0.93	0.74	0.53	0.55	0.83	0.89	0.31	0.89	0.42		0.52
Short Term Debt	0.59	0.88	0.55	0.7	0.14	0.06	0.73	0.77	0.47	-0.69	0.56	0.49	0.66	0.43	0.66	0.54	0.72	0.78	0.74	0.74	0.63	0.86	0.74	0.96	0.52

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Goodfood Market Account Relationship Matchups

Goodfood Market fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	80.8M	163.0M	255.3M	129.8M	57.8M	153.3K
Short Long Term Debt Total	59.2M	100.1M	108.4M	59.2M	68.0M	43.8M
Other Current Liab	14.8M	22.1M	10.3M	1.0	1.15	1.09
Total Current Liabilities	39.5M	59.0M	63.4M	52.8M	29.0M	101.8K
Total Stockholder Equity	17.4M	57.6M	97.9M	(11.2M)	(23.4M)	51.5K
Net Tangible Assets	16.9M	55.4M	95.8M	(14.4M)	(16.5M)	(15.7M)
Property Plant And Equipment Net	40.3M	102.5M	73.8M	22.0M	25.3M	33.2M
Current Deferred Revenue	5.4M	5.1M	5.5M	4.1M	4.7M	3.6M
Net Debt	(45.2M)	(25.5M)	71.5M	34.2M	39.4M	41.3M
Retained Earnings	(41.5M)	(45.7M)	(79.0M)	(200.7M)	(217.2M)	(765.4K)
Accounts Payable	24.0M	26.1M	30.1M	16.8M	18.0M	8.1K
Cash	45.1M	104.4M	125.5M	36.9M	24.9M	153.3K
Non Current Assets Total	6.4M	28.0M	46.4M	108.7M	77.7M	25.1M
Other Assets	2.9M	3.9M	4.1M	650K	747.5K	710.1K
Long Term Debt	26.2M	26.3M	27.5M	41.8M	48.0M	50.4M
Cash And Short Term Investments	104.4M	125.5M	36.9M	24.9M	28.7M	46.4M
Net Receivables	4.5M	6.0M	3.6M	4.1M	4.8M	2.9M
Common Stock Shares Outstanding	58.9M	70.7M	75.0M	76.1M	87.5M	51.1M
Liabilities And Stockholders Equity	163.0M	255.3M	129.8M	57.8M	66.5M	90.9M
Non Current Liabilities Total	3.0M	23.9M	46.5M	94.0M	88.2M	52.3M
Inventory	7.0M	14.3M	6.9M	3.3M	3.8M	4.7M
Other Current Assets	780K	709K	4.8M	366K	420.9K	399.9K
Total Liab	63.4M	105.5M	157.4M	141.0M	81.3M	101.8K
Short Long Term Debt	9.7M	651K	11.7M	4.0M	4.6M	3.5M
Total Current Assets	52.7M	116.6M	146.5M	52.2M	32.7M	153.3K
Accumulated Other Comprehensive Income	2.2M	843K	5.2M	5.4M	6.2M	6.5M
Short Term Debt	12.7M	6.1M	20.2M	6.9M	7.9M	6.1M
Common Stock	97.8M	170.1M	173.8M	180.4M	207.4M	217.8M
Property Plant Equipment	24.6M	40.3M	102.5M	73.8M	84.9M	89.1M
Non Currrent Assets Other	349.1K	2.9M	3.9M	4.1M	650K	312K
Long Term Debt Total	23.9M	46.5M	94.0M	88.2M	101.4M	106.5M
Capital Surpluse	2.3M	3.2M	5.9M	10.6M	12.2M	12.8M
Property Plant And Equipment Gross	40.3M	110.5M	127.1M	73.1M	84.1M	52.8M
Cash And Equivalents	45.1M	104.4M	125.5M	36.9M	42.4M	55.7M
Intangible Assets	2.2M	2.1M	3.2M	2.8M	3.2M	3.4M
Other Stockholder Equity	3.2M	5.9M	15.8M	13.4M	15.4M	16.2M
Net Invested Capital	93.4M	124.8M	28.0M	22.3M	25.7M	24.4M
Net Working Capital	57.6M	83.1M	(619K)	3.7M	4.3M	4.1M

Pair Trading with Goodfood Market

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 Goodfood Market 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 Goodfood Market will appreciate offsetting losses from the drop in the long position's value.

Moving together with Goodfood Stock

0.9

TPX-B

Molson Coors Canada

Pair Corr

The ability to find closely correlated positions to Goodfood Market could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goodfood Market 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 Goodfood Market - 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 Goodfood Market Corp to buy it.

The correlation of Goodfood Market 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 Goodfood Market moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goodfood Market Corp 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 Goodfood Market 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 Correlation Correlation Matching

Other Information on Investing in Goodfood Stock

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

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Goodfood Ev To Operating Cash Flow vs Price To Sales Ratio Analysis

Ev To Operating Cash Flow vs Price To Sales Ratio

Ev To Operating Cash Flow vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Ev To Operating Cash Flow

Price To Sales Ratio

Goodfood Market fundamental ratios Correlations

Goodfood Market Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Goodfood Market fundamental ratios Accounts

Pair Trading with Goodfood Market

Moving together with Goodfood Stock

Other Information on Investing in Goodfood Stock

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Cash
Other Current Liab	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Total Liab	+ 0.98	Non Current Liabilities Total
Cash	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Other Current Liab

Non Current Liabilities Total	- 0.8	Retained Earnings
Total Liab	- 0.75	Retained Earnings
Net Debt	- 0.71	Net Tangible Assets
Short Term Debt	- 0.69	Retained Earnings
Retained Earnings	- 0.69	Short Long Term Debt Total
Other Current Assets	- 0.67	Retained Earnings