Green Price To Sales Ratio vs Capex To Depreciation Analysis

GIP Stock   3.61  0.19  5.00%   
Green Impact financial indicator trend analysis is much more than just examining Green Impact Partners latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Green Impact Partners is a good investment. Please check the relationship between Green Impact Price To Sales Ratio and its Capex To Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Impact Partners. 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 Depreciation

Price To Sales Ratio vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Green Impact Partners Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Green Impact's Price To Sales Ratio and Capex To Depreciation is -0.7. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Green Impact Partners, assuming nothing else is changed. The correlation between historical values of Green Impact's Price To Sales Ratio and Capex To Depreciation 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 Green Impact Partners are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., Green Impact's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Green Impact Partners stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Green Impact sales, a figure that is much harder to manipulate than other Green Impact Partners 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 Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Green Impact's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Green Impact Partners 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 Green Impact Partners. 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, Green Impact's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.08 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit7.4M5.4M7.7M7.2M
Total Revenue129.0M213.7M161.2M164.9M

Green Impact fundamental ratios Correlations

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Green Impact Account Relationship Matchups

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