Hub Price To Sales Ratio vs Payables Turnover Analysis
| HUBCW Stock | 0.01 0.0006 5.45% |
Hub Cyber financial indicator trend analysis is much more than just examining Hub Cyber Security latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hub Cyber Security is a good investment. Please check the relationship between Hub Cyber Price To Sales Ratio and its Payables Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hub Cyber Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Price To Sales Ratio vs Payables Turnover
Price To Sales Ratio vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hub Cyber Security Price To Sales Ratio account and Payables Turnover. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Hub Cyber's Price To Sales Ratio and Payables Turnover is 0.1. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Hub Cyber Security, assuming nothing else is changed. The correlation between historical values of Hub Cyber's Price To Sales Ratio and Payables Turnover 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 Hub Cyber Security are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Price To Sales Ratio i.e., Hub Cyber's Price To Sales Ratio and Payables Turnover go up and down completely randomly.
Correlation Coefficient | 0.1 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Hub Cyber Security stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hub Cyber sales, a figure that is much harder to manipulate than other Hub Cyber Security 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.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most indicators from Hub Cyber's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hub Cyber Security 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 Hub Cyber Security. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Hub Cyber's Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 51.3 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (0.71) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.2M | 4.1M | 6.4M | 4.8M | Total Revenue | 33.2M | 50.0M | 79.7M | 43.6M |
Hub Cyber fundamental ratios Correlations
Click cells to compare fundamentals
Hub Cyber Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Hub Cyber's price analysis, check to measure Hub Cyber'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 Hub Cyber is operating at the current time. Most of Hub Cyber's value examination focuses on studying past and present price action to predict the probability of Hub Cyber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hub Cyber's price. Additionally, you may evaluate how the addition of Hub Cyber to your portfolios can decrease your overall portfolio volatility.