Finlay Ptb Ratio vs Price To Sales Ratio Analysis

FYL Stock  CAD 0.03  0.01  50.00%   
Finlay Minerals financial indicator trend analysis is much more than just examining Finlay Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Finlay Minerals is a good investment. Please check the relationship between Finlay Minerals Ptb Ratio and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finlay Minerals. 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 Finlay Minerals Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Finlay Minerals' Ptb Ratio and Price To Sales Ratio is 0.16. 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 Finlay Minerals, assuming nothing else is changed. The correlation between historical values of Finlay Minerals' 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 Finlay Minerals 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., Finlay Minerals' Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

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 Finlay Minerals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Finlay Minerals sales, a figure that is much harder to manipulate than other Finlay Minerals 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 Finlay Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Finlay Minerals 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 Finlay Minerals. 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, Finlay Minerals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 48.08 in 2024, despite the fact that Tax Provision is likely to grow to (13.7 K).

Finlay Minerals fundamental ratios Correlations

0.310.411.0-0.41-0.860.410.980.480.360.770.950.50.980.980.290.91-0.050.950.660.710.650.680.460.620.64
0.310.970.31-0.86-0.20.860.170.830.220.130.310.820.270.160.580.28-0.250.210.060.270.380.140.50.430.28
0.410.970.41-0.88-0.360.880.260.870.30.310.380.860.40.260.680.37-0.20.320.20.390.460.270.580.550.44
1.00.310.41-0.42-0.880.420.980.50.380.790.930.520.990.980.340.92-0.070.950.70.750.670.720.480.650.68
-0.41-0.86-0.88-0.420.36-1.0-0.24-0.98-0.4-0.31-0.34-0.98-0.4-0.25-0.74-0.340.29-0.38-0.31-0.48-0.48-0.38-0.86-0.78-0.51
-0.86-0.2-0.36-0.880.36-0.37-0.83-0.46-0.21-0.98-0.75-0.47-0.94-0.85-0.45-0.870.23-0.91-0.84-0.8-0.77-0.81-0.45-0.67-0.82
0.410.860.880.42-1.0-0.370.240.980.390.330.340.980.40.240.740.34-0.290.380.320.480.490.390.860.780.52
0.980.170.260.98-0.24-0.830.240.320.310.740.950.330.961.00.150.90.010.930.620.640.580.620.320.490.55
0.480.830.870.5-0.98-0.460.980.320.370.420.381.00.480.320.790.44-0.320.450.460.60.580.520.870.840.62
0.360.220.30.38-0.4-0.210.390.310.370.230.250.40.330.310.440.270.00.340.220.40.240.330.490.50.44
0.770.130.310.79-0.31-0.980.330.740.420.230.630.430.870.760.490.8-0.260.850.870.810.770.840.430.660.86
0.950.310.380.93-0.34-0.750.340.950.380.250.630.390.910.950.050.830.030.90.440.450.490.430.330.420.39
0.50.820.860.52-0.98-0.470.980.331.00.40.430.390.50.340.80.45-0.320.470.470.620.590.540.880.860.64
0.980.270.40.99-0.4-0.940.40.960.480.330.870.910.50.970.360.92-0.090.960.740.760.70.750.470.650.72
0.980.160.260.98-0.25-0.850.241.00.320.310.760.950.340.970.160.90.00.940.630.650.580.630.320.50.57
0.290.580.680.34-0.74-0.450.740.150.790.440.490.050.80.360.160.33-0.30.270.60.760.580.690.720.820.82
0.910.280.370.92-0.34-0.870.340.90.440.270.80.830.450.920.90.33-0.260.890.740.760.860.740.320.560.64
-0.05-0.25-0.2-0.070.290.23-0.290.01-0.320.0-0.260.03-0.32-0.090.0-0.3-0.26-0.2-0.36-0.32-0.53-0.32-0.16-0.26-0.26
0.950.210.320.95-0.38-0.910.380.930.450.340.850.90.470.960.940.270.89-0.20.730.690.690.70.460.620.66
0.660.060.20.7-0.31-0.840.320.620.460.220.870.440.470.740.630.60.74-0.360.730.940.780.980.510.760.89
0.710.270.390.75-0.48-0.80.480.640.60.40.810.450.620.760.650.760.76-0.320.690.940.790.980.60.850.95
0.650.380.460.67-0.48-0.770.490.580.580.240.770.490.590.70.580.580.86-0.530.690.780.790.780.410.650.71
0.680.140.270.72-0.38-0.810.390.620.520.330.840.430.540.750.630.690.74-0.320.70.980.980.780.560.820.94
0.460.50.580.48-0.86-0.450.860.320.870.490.430.330.880.470.320.720.32-0.160.460.510.60.410.560.930.67
0.620.430.550.65-0.78-0.670.780.490.840.50.660.420.860.650.50.820.56-0.260.620.760.850.650.820.930.87
0.640.280.440.68-0.51-0.820.520.550.620.440.860.390.640.720.570.820.64-0.260.660.890.950.710.940.670.87
Click cells to compare fundamentals

Finlay Minerals Account Relationship Matchups

Finlay Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3M9.2M12.0M11.6M11.9M7.8M
Other Current Liab194.1K4.5K143.1K26.7K4.1K3.9K
Total Current Liabilities224.6K15.7K190.4K59.9K38.1K63.1K
Total Stockholder Equity7.6M7.6M10.1M9.9M10.2M6.4M
Net Debt(1.1M)(226.1K)(1.9M)(216.6K)(304.2K)(319.4K)
Retained Earnings(3.2M)(3.3M)(4.2M)(4.6M)(5.0M)(4.8M)
Cash1.1M226.1K1.9M216.6K304.2K380.7K
Non Current Assets Total8.2M8.9M10.0M11.3M11.2M7.2M
Cash And Short Term Investments1.1M292.6K1.9M280.4K641.0K398.9K
Net Receivables2.0K18.1K35.3K35.7K2.5K2.4K
Common Stock Shares Outstanding77.3M93.3M107.7M126.5M133.8M140.5M
Liabilities And Stockholders Equity9.3M9.2M12.0M11.6M11.9M7.8M
Total Liab1.7M1.7M1.9M1.8M1.7M1.4M
Total Current Assets1.1M325.4K2.0M345.5K695.0K424.9K
Property Plant And Equipment Net8.1M8.8M9.9M11.2M11.1M7.4M
Accounts Payable30.5K11.2K47.2K33.1K34.1K27.8K
Non Current Liabilities Total1.5M1.6M1.7M1.7M1.7M1.6M
Other Liab1.6M1.5M1.6M1.7M2.0M1.7M
Net Tangible Assets6.9M7.6M7.6M10.1M11.6M7.9M
Property Plant Equipment8.1M8.1M8.8M9.9M11.4M9.1M
Short Term Investments38.5K66.6K1.3M63.8K336.8K229.1K
Other Current Assets10.9K14.6K88.2K29.4K51.5K27.1K
Net Invested Capital7.6M7.6M10.1M9.9M10.2M9.3M
Net Working Capital885.9K309.7K1.8M285.7K656.9K707.2K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Finlay Stock Analysis

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