Kleangas Net Income Per Share vs Price To Sales Ratio Analysis
Kleangas Energy financial indicator trend analysis is infinitely more than just investigating Kleangas Energy Tech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kleangas Energy Tech is a good investment. Please check the relationship between Kleangas Energy Net Income Per Share and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kleangas Energy Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Net Income Per Share vs Price To Sales Ratio
Net Income Per Share vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kleangas Energy Tech Net Income Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kleangas Energy's Net Income Per Share and Price To Sales Ratio is 0.47. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Kleangas Energy Tech, assuming nothing else is changed. The correlation between historical values of Kleangas Energy's Net Income Per Share 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 Net Income Per Share of Kleangas Energy Tech 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 Net Income Per Share i.e., Kleangas Energy's Net Income Per Share and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.47 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Income Per Share
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Kleangas Energy Tech stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Kleangas Energy sales, a figure that is much harder to manipulate than other Kleangas Energy Tech 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 Kleangas Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kleangas Energy Tech 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kleangas Energy Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. Enterprise Value is likely to gain to about 3 M in 2024, whereas Discontinued Operations is likely to drop (16.3 K) in 2024.
Kleangas Energy fundamental ratios Correlations
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Kleangas Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Kleangas Stock Analysis
When running Kleangas Energy's price analysis, check to measure Kleangas Energy'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 Kleangas Energy is operating at the current time. Most of Kleangas Energy's value examination focuses on studying past and present price action to predict the probability of Kleangas Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kleangas Energy's price. Additionally, you may evaluate how the addition of Kleangas Energy to your portfolios can decrease your overall portfolio volatility.