Canada Price To Sales Ratio vs Capex To Depreciation Analysis

LL Stock

CAD 0.02 0.01 33.33%

Canada Rare financial indicator trend analysis is way more than just evaluating Canada Rare Earth prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canada Rare Earth is a good investment. Please check the relationship between Canada Rare Price To Sales Ratio and its Capex To Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Canada Rare Earth. 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 Canada Rare Earth Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Canada Rare's Price To Sales Ratio and Capex To Depreciation is 0.8. 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 Canada Rare Earth, assuming nothing else is changed. The correlation between historical values of Canada Rare'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 Canada Rare Earth 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., Canada Rare's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing Canada Rare Earth stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Canada Rare sales, a figure that is much harder to manipulate than other Canada Rare Earth 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 Canada Rare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canada Rare Earth 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 Canada Rare Earth. 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.

Enterprise Value is likely to climb to about 7.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 831.9 K in 2024.

Canada Rare fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Short Term Investments	Net Tangible Assets	Other Current Assets	Common Stock	Property Plant Equipment	Inventory	Long Term Investments	Intangible Assets
Total Assets		-0.24	0.85	0.88	-0.2	0.2	-0.47	-0.09	0.89	0.84	-0.02	-0.2	0.64	-0.21	0.82	-0.22	-0.42	-0.2	0.84	0.2	0.02	-0.07	0.63	0.0	0.59	-0.13
Total Current Liabilities	-0.24		-0.71	-0.53	0.57	-0.7	0.43	0.37	-0.49	-0.32	0.68	0.45	-0.22	0.99	0.2	0.64	0.47	0.58	-0.37	-0.66	0.85	0.61	-0.66	0.77	-0.39	-0.29
Total Stockholder Equity	0.85	-0.71		0.92	-0.42	0.51	-0.56	-0.3	0.92	0.77	-0.36	-0.39	0.57	-0.69	0.48	-0.51	-0.54	-0.46	0.81	0.5	-0.45	-0.37	0.81	-0.41	0.63	0.05
Property Plant And Equipment Net	0.88	-0.53	0.92		-0.42	0.4	-0.46	-0.07	0.82	0.89	-0.24	-0.3	0.58	-0.52	0.64	-0.34	-0.39	-0.31	0.86	0.33	-0.39	-0.3	0.83	-0.43	0.52	-0.01
Net Debt	-0.2	0.57	-0.42	-0.42		-0.41	0.41	-0.31	-0.27	-0.39	0.89	0.31	-0.44	0.52	-0.01	0.63	0.17	0.76	-0.23	-0.32	0.47	0.43	-0.47	0.55	-0.03	-0.3
Retained Earnings	0.2	-0.7	0.51	0.4	-0.41		-0.62	-0.26	0.28	0.34	-0.52	-0.91	-0.14	-0.67	0.01	-0.56	-0.58	-0.54	0.35	0.97	-0.49	-0.96	0.75	-0.45	0.64	0.02
Accounts Payable	-0.47	0.43	-0.56	-0.46	0.41	-0.62		0.01	-0.55	-0.35	0.44	0.61	-0.43	0.39	-0.23	0.51	0.79	0.49	-0.28	-0.6	0.05	0.64	-0.6	0.1	-0.43	-0.32
Cash	-0.09	0.37	-0.3	-0.07	-0.31	-0.26	0.01		-0.32	0.17	-0.1	0.17	0.3	0.42	0.21	0.41	0.1	0.19	-0.15	-0.39	0.14	0.08	-0.14	-0.03	-0.39	0.24
Non Current Assets Total	0.89	-0.49	0.92	0.82	-0.27	0.28	-0.55	-0.32		0.61	-0.15	-0.24	0.68	-0.47	0.49	-0.43	-0.5	-0.36	0.65	0.32	-0.16	-0.14	0.66	-0.14	0.6	0.03
Cash And Short Term Investments	0.84	-0.32	0.77	0.89	-0.39	0.34	-0.35	0.17	0.61		-0.24	-0.29	0.49	-0.29	0.82	-0.15	-0.33	-0.19	0.93	0.25	-0.26	-0.25	0.66	-0.29	0.47	-0.11
Net Receivables	-0.02	0.68	-0.36	-0.24	0.89	-0.52	0.44	-0.1	-0.15	-0.24		0.37	-0.27	0.65	0.19	0.69	0.3	0.77	-0.16	-0.44	0.56	0.53	-0.34	0.56	-0.04	-0.34
Common Stock Shares Outstanding	-0.2	0.45	-0.39	-0.3	0.31	-0.91	0.61	0.17	-0.24	-0.29	0.37		0.14	0.41	-0.13	0.49	0.58	0.49	-0.29	-0.89	0.2	0.92	-0.66	0.17	-0.6	0.06
Other Stockholder Equity	0.64	-0.22	0.57	0.58	-0.44	-0.14	-0.43	0.3	0.68	0.49	-0.27	0.14		-0.18	0.4	-0.14	-0.38	-0.22	0.36	-0.2	-0.07	0.14	0.28	-0.12	-0.01	0.48
Total Liab	-0.21	0.99	-0.69	-0.52	0.52	-0.67	0.39	0.42	-0.47	-0.29	0.65	0.41	-0.18		0.24	0.63	0.42	0.55	-0.36	-0.64	0.87	0.58	-0.64	0.8	-0.36	-0.28
Total Current Assets	0.82	0.2	0.48	0.64	-0.01	0.01	-0.23	0.21	0.49	0.82	0.19	-0.13	0.4	0.24		0.09	-0.19	0.05	0.78	-0.02	0.32	0.06	0.35	0.27	0.4	-0.31
Short Long Term Debt Total	-0.22	0.64	-0.51	-0.34	0.63	-0.56	0.51	0.41	-0.43	-0.15	0.69	0.49	-0.14	0.63	0.09		0.22	0.96	-0.25	-0.58	0.29	0.49	-0.47	0.27	-0.28	-0.03
Other Current Liab	-0.42	0.47	-0.54	-0.39	0.17	-0.58	0.79	0.1	-0.5	-0.33	0.3	0.58	-0.38	0.42	-0.19	0.22		0.18	-0.28	-0.58	0.18	0.59	-0.52	0.07	-0.53	-0.3
Short Term Debt	-0.2	0.58	-0.46	-0.31	0.76	-0.54	0.49	0.19	-0.36	-0.19	0.77	0.49	-0.22	0.55	0.05	0.96	0.18		-0.22	-0.53	0.26	0.49	-0.44	0.26	-0.23	-0.07
Short Term Investments	0.84	-0.37	0.81	0.86	-0.23	0.35	-0.28	-0.15	0.65	0.93	-0.16	-0.29	0.36	-0.36	0.78	-0.25	-0.28	-0.22		0.29	-0.25	-0.2	0.61	-0.23	0.5	-0.15
Net Tangible Assets	0.2	-0.66	0.5	0.33	-0.32	0.97	-0.6	-0.39	0.32	0.25	-0.44	-0.89	-0.2	-0.64	-0.02	-0.58	-0.58	-0.53	0.29		-0.39	-0.91	0.7	-0.33	0.73	-0.09
Other Current Assets	0.02	0.85	-0.45	-0.39	0.47	-0.49	0.05	0.14	-0.16	-0.26	0.56	0.2	-0.07	0.87	0.32	0.29	0.18	0.26	-0.25	-0.39		0.45	-0.48	0.95	-0.11	-0.3
Common Stock	-0.07	0.61	-0.37	-0.3	0.43	-0.96	0.64	0.08	-0.14	-0.25	0.53	0.92	0.14	0.58	0.06	0.49	0.59	0.49	-0.2	-0.91	0.45		-0.7	0.44	-0.49	-0.12
Property Plant Equipment	0.63	-0.66	0.81	0.83	-0.47	0.75	-0.6	-0.14	0.66	0.66	-0.34	-0.66	0.28	-0.64	0.35	-0.47	-0.52	-0.44	0.61	0.7	-0.48	-0.7		-0.51	0.67	-0.04
Inventory	0.0	0.77	-0.41	-0.43	0.55	-0.45	0.1	-0.03	-0.14	-0.29	0.56	0.17	-0.12	0.8	0.27	0.27	0.07	0.26	-0.23	-0.33	0.95	0.44	-0.51		-0.01	-0.35
Long Term Investments	0.59	-0.39	0.63	0.52	-0.03	0.64	-0.43	-0.39	0.6	0.47	-0.04	-0.6	-0.01	-0.36	0.4	-0.28	-0.53	-0.23	0.5	0.73	-0.11	-0.49	0.67	-0.01		-0.5
Intangible Assets	-0.13	-0.29	0.05	-0.01	-0.3	0.02	-0.32	0.24	0.03	-0.11	-0.34	0.06	0.48	-0.28	-0.31	-0.03	-0.3	-0.07	-0.15	-0.09	-0.3	-0.12	-0.04	-0.35	-0.5

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Canada Rare Account Relationship Matchups

Canada Rare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5M	603.1K	1.2M	2.3M	3.1M	2.9M
Total Current Liabilities	1.4M	661.6K	1.4M	1.7M	2.8M	2.9M
Total Stockholder Equity	(46.0K)	(183.5K)	(532.2K)	6.1K	(787.2K)	(747.8K)
Net Debt	(164.2K)	(30.6K)	458.7K	1.0M	508.3K	533.8K
Retained Earnings	(25.1M)	(25.7M)	(26.8M)	(26.6M)	(27.5M)	(26.1M)
Accounts Payable	533.4K	668.2K	793.2K	590.3K	177.1K	252.3K
Cash	204.3K	33.8K	77.0K	220.6K	221.6K	333.2K
Non Current Assets Total	919.2K	240.3K	717.0K	1.0M	1.1M	1.4M
Cash And Short Term Investments	514.2K	204.3K	33.8K	220.6K	221.6K	210.5K
Net Receivables	197.8K	5.4K	324.7K	574.2K	375.4K	394.1K
Common Stock Shares Outstanding	200.1M	204.2M	205.6M	209.7M	210.6M	114.6M
Liabilities And Stockholders Equity	1.1M	1.5M	603.1K	2.3M	3.1M	3.0M
Other Stockholder Equity	8.3M	8.3M	8.5M	8.8M	10.1M	11.3M
Total Liab	1.6M	786.6K	1.7M	2.3M	3.9M	4.1M
Total Current Assets	600.5K	362.8K	478.5K	1.3M	2.0M	2.1M
Short Long Term Debt Total	1.1M	40.1K	3.3K	1.2M	729.9K	520.1K
Other Current Liab	324K	1.3M	658.4K	590.3K	336.2K	334.2K
Short Term Debt	1.1M	36.8K	3.3K	1.1M	632.1K	424.2K
Net Tangible Assets	(65.9K)	(183.5K)	(596.6K)	(31.6K)	(28.5K)	(27.1K)
Other Current Assets	323.6K	73.3K	59.7K	464.8K	1.4M	1.4M
Common Stock	16.8M	17.0M	17.5M	17.6M	17.6M	16.4M
Accumulated Other Comprehensive Income	8.3M	8.3M	8.5M	9.0M	9.1M	8.8M
Inventory	(125.1K)	250.3K	59.7K	453.1K	1.4M	1.4M
Intangible Assets	19.9K	1.0	64.4K	37.8K	11.1K	10.6K
Non Current Liabilities Total	179.3K	125K	349.4K	602.7K	1.1M	1.2M
Short Long Term Debt	410.4K	1.1M	535.7K	1.0M	1.2M	713.1K
Other Liab	250K	176K	125K	436.4K	392.7K	207.9K
Net Invested Capital	(46.0K)	(183.5K)	3.5K	1.0M	1.2M	1.2M
Net Working Capital	(785.9K)	(298.9K)	(899.9K)	(406.4K)	(365.7K)	(384.0K)
Capital Stock	16.8M	17.0M	17.5M	17.6M	20.2M	18.5M

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