Healthcare Price To Sales Ratio vs Net Income Per Share Analysis
| HCTI Stock | USD 0.69 0.01 1.47% |
Healthcare Triangle financial indicator trend analysis is much more than just examining Healthcare Triangle latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Healthcare Triangle is a good investment. Please check the relationship between Healthcare Triangle Price To Sales Ratio and its Net Income Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Triangle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.
Price To Sales Ratio vs Net Income Per Share
Price To Sales Ratio vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Healthcare Triangle Price To Sales Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have totally related.
The correlation between Healthcare Triangle's Price To Sales Ratio and Net Income Per Share is 0.99. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Healthcare Triangle, assuming nothing else is changed. The correlation between historical values of Healthcare Triangle's Price To Sales Ratio and Net Income Per Share 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 Healthcare Triangle are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Price To Sales Ratio i.e., Healthcare Triangle's Price To Sales Ratio and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Healthcare Triangle stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Healthcare Triangle sales, a figure that is much harder to manipulate than other Healthcare Triangle 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.Net Income Per Share
Most indicators from Healthcare Triangle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Healthcare Triangle 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 Healthcare Triangle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.The current Selling General Administrative is estimated to decrease to about 3.5 M. The current Tax Provision is estimated to decrease to about 38 K
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.4M | 228.5K | 7.2M | 7.6M | Tax Provision | 24.2K | 63K | 40K | 38K |
Healthcare Triangle fundamental ratios Correlations
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Healthcare Triangle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Healthcare Triangle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Healthcare Triangle's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Healthcare Triangle Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Healthcare Triangle Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Triangle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Healthcare Triangle. If investors know Healthcare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Healthcare Triangle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.17) | Revenue Per Share 4.813 | Quarterly Revenue Growth (0.65) | Return On Assets (0.55) | Return On Equity (2.88) |
The market value of Healthcare Triangle is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Triangle's value that differs from its market value or its book value, called intrinsic value, which is Healthcare Triangle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Healthcare Triangle's market value can be influenced by many factors that don't directly affect Healthcare Triangle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Healthcare Triangle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Triangle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Triangle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.