GCL Stock | | | CAD 1.00 0.01 1.01% |
Colabor financial indicator trend analysis is way more than just evaluating Colabor Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colabor Group is a good investment. Please check the relationship between Colabor Price To Sales Ratio and its Capex To Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Colabor Group. 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.
Price To Sales Ratio vs Capex To Revenue
Price To Sales Ratio vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Colabor Group Price To Sales Ratio account and
Capex To Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Colabor's Price To Sales Ratio and Capex To Revenue is 0.29. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Colabor Group, assuming nothing else is changed. The correlation between historical values of Colabor's Price To Sales Ratio and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Colabor Group are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Price To Sales Ratio i.e., Colabor's Price To Sales Ratio and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Colabor Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Colabor sales, a figure that is much harder to manipulate than other Colabor Group 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.
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Colabor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colabor Group 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Colabor Group. 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, Colabor's
Tax Provision is very stable compared to the past year. As of the 2nd of December 2024,
Enterprise Value Over EBITDA is likely to grow to 8.58, while
Selling General Administrative is likely to drop about 50.6
M.
Colabor fundamental ratios Correlations
Click cells to compare fundamentals
Colabor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Colabor fundamental ratios Accounts
Other Information on Investing in Colabor Stock
Balance Sheet is a snapshot of the
financial position of Colabor Group at a specified time, usually calculated after every quarter, six months, or one year. Colabor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Colabor 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 Colabor currently owns. An asset can also be divided into two categories, current and non-current.