McChip Price To Sales Ratio vs Ptb Ratio Analysis

MCS Stock

CAD 0.64 0.01 1.59%

McChip Resources financial indicator trend analysis is infinitely more than just investigating McChip Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McChip Resources is a good investment. Please check the relationship between McChip Resources Price To Sales Ratio and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McChip Resources. 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 Ptb Ratio

Price To Sales Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McChip Resources Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between McChip Resources' Price To Sales Ratio and Ptb Ratio is -0.47. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of McChip Resources, assuming nothing else is changed. The correlation between historical values of McChip Resources' Price To Sales Ratio and Ptb 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 Price To Sales Ratio of McChip Resources are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., McChip Resources' Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

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Price To Sales Ratio

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

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from McChip Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McChip Resources 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 McChip Resources. 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.

Selling General Administrative is likely to drop to about 718.1 K in 2025. Sales General And Administrative To Revenue is likely to drop to 0.80 in 2025

McChip Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Other Current Assets	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.79	0.99	0.65	0.99	0.94	0.63	0.49	0.59	0.9	0.75	0.76	-0.73	0.81	0.99	0.86	0.54	-0.2	0.85	-0.85	-0.88	-0.62	0.55	0.92	0.91	0.53
Total Current Liabilities	0.79		0.73	0.7	0.71	0.8	0.76	0.28	0.33	0.93	0.52	0.99	-0.6	0.99	0.78	0.54	0.75	-0.27	0.73	-0.84	-0.75	-0.6	0.76	0.85	0.81	0.76
Total Stockholder Equity	0.99	0.73		0.62	0.99	0.96	0.55	0.54	0.62	0.89	0.74	0.71	-0.74	0.76	0.98	0.87	0.49	-0.17	0.87	-0.83	-0.88	-0.6	0.5	0.88	0.89	0.49
Other Liab	0.65	0.7	0.62		0.61	0.59	0.75	0.38	0.03	0.72	0.25	0.65	-0.72	0.67	0.69	0.51	0.72	0.13	0.66	-0.66	-0.63	-0.37	0.72	0.67	0.64	0.72
Net Tangible Assets	0.99	0.71	0.99	0.61		0.93	0.56	0.53	0.61	0.86	0.75	0.69	-0.72	0.74	0.98	0.88	0.47	-0.18	0.84	-0.82	-0.87	-0.6	0.48	0.89	0.89	0.46
Retained Earnings	0.94	0.8	0.96	0.59	0.93		0.48	0.55	0.62	0.95	0.67	0.77	-0.74	0.83	0.93	0.79	0.52	-0.19	0.92	-0.85	-0.87	-0.59	0.53	0.84	0.86	0.52
Accounts Payable	0.63	0.76	0.55	0.75	0.56	0.48		-0.06	0.02	0.68	0.4	0.75	-0.54	0.72	0.64	0.43	0.66	-0.14	0.43	-0.68	-0.62	-0.36	0.66	0.73	0.68	0.66
Cash	0.49	0.28	0.54	0.38	0.53	0.55	-0.06		0.42	0.39	0.44	0.23	-0.54	0.31	0.51	0.6	0.11	0.24	0.66	-0.29	-0.29	-0.1	0.12	0.23	0.24	0.11
Net Receivables	0.59	0.33	0.62	0.03	0.61	0.62	0.02	0.42		0.45	0.65	0.33	-0.39	0.4	0.57	0.75	0.19	-0.05	0.66	-0.55	-0.56	-0.19	0.19	0.33	0.32	0.19
Short Term Investments	0.9	0.93	0.89	0.72	0.86	0.95	0.68	0.39	0.45		0.58	0.91	-0.76	0.93	0.91	0.7	0.66	-0.19	0.87	-0.91	-0.89	-0.63	0.67	0.89	0.89	0.66
Other Current Assets	0.75	0.52	0.74	0.25	0.75	0.67	0.4	0.44	0.65	0.58		0.53	-0.4	0.55	0.7	0.72	0.39	-0.36	0.53	-0.47	-0.49	-0.29	0.4	0.64	0.62	0.39
Total Liab	0.76	0.99	0.71	0.65	0.69	0.77	0.75	0.23	0.33	0.91	0.53		-0.53	0.99	0.75	0.49	0.77	-0.35	0.69	-0.82	-0.72	-0.6	0.78	0.84	0.8	0.77
Long Term Investments	-0.73	-0.6	-0.74	-0.72	-0.72	-0.74	-0.54	-0.54	-0.39	-0.76	-0.4	-0.53		-0.59	-0.81	-0.81	-0.28	-0.39	-0.85	0.8	0.82	0.31	-0.29	-0.53	-0.53	-0.28
Short Long Term Debt	0.81	0.99	0.76	0.67	0.74	0.83	0.72	0.31	0.4	0.93	0.55	0.99	-0.59		0.8	0.56	0.74	-0.3	0.76	-0.86	-0.77	-0.61	0.75	0.85	0.81	0.74
Total Current Assets	0.99	0.78	0.98	0.69	0.98	0.93	0.64	0.51	0.57	0.91	0.7	0.75	-0.81	0.8		0.89	0.49	-0.09	0.88	-0.89	-0.92	-0.59	0.5	0.88	0.87	0.49
Short Term Debt	0.86	0.54	0.87	0.51	0.88	0.79	0.43	0.6	0.75	0.7	0.72	0.49	-0.81	0.56	0.89		0.3	0.21	0.84	-0.75	-0.8	-0.34	0.3	0.6	0.6	0.29
Common Stock	0.54	0.75	0.49	0.72	0.47	0.52	0.66	0.11	0.19	0.66	0.39	0.77	-0.28	0.74	0.49	0.3		-0.29	0.46	-0.52	-0.43	-0.38	1.0	0.68	0.64	1.0
Property Plant Equipment	-0.2	-0.27	-0.17	0.13	-0.18	-0.19	-0.14	0.24	-0.05	-0.19	-0.36	-0.35	-0.39	-0.3	-0.09	0.21	-0.29		0.09	0.05	0.04	0.31	-0.3	-0.42	-0.42	-0.29
Other Current Liab	0.85	0.73	0.87	0.66	0.84	0.92	0.43	0.66	0.66	0.87	0.53	0.69	-0.85	0.76	0.88	0.84	0.46	0.09		-0.88	-0.87	-0.4	0.47	0.66	0.66	0.46
Non Current Assets Total	-0.85	-0.84	-0.83	-0.66	-0.82	-0.85	-0.68	-0.29	-0.55	-0.91	-0.47	-0.82	0.8	-0.86	-0.89	-0.75	-0.52	0.05	-0.88		0.97	0.53	-0.52	-0.77	-0.75	-0.52
Non Currrent Assets Other	-0.88	-0.75	-0.88	-0.63	-0.87	-0.87	-0.62	-0.29	-0.56	-0.89	-0.49	-0.72	0.82	-0.77	-0.92	-0.8	-0.43	0.04	-0.87	0.97		0.56	-0.44	-0.78	-0.79	-0.43
Other Assets	-0.62	-0.6	-0.6	-0.37	-0.6	-0.59	-0.36	-0.1	-0.19	-0.63	-0.29	-0.6	0.31	-0.61	-0.59	-0.34	-0.38	0.31	-0.4	0.53	0.56		-0.39	-0.72	-0.73	-0.38
Common Stock Shares Outstanding	0.55	0.76	0.5	0.72	0.48	0.53	0.66	0.12	0.19	0.67	0.4	0.78	-0.29	0.75	0.5	0.3	1.0	-0.3	0.47	-0.52	-0.44	-0.39		0.69	0.65	1.0
Net Invested Capital	0.92	0.85	0.88	0.67	0.89	0.84	0.73	0.23	0.33	0.89	0.64	0.84	-0.53	0.85	0.88	0.6	0.68	-0.42	0.66	-0.77	-0.78	-0.72	0.69		0.99	0.68
Net Working Capital	0.91	0.81	0.89	0.64	0.89	0.86	0.68	0.24	0.32	0.89	0.62	0.8	-0.53	0.81	0.87	0.6	0.64	-0.42	0.66	-0.75	-0.79	-0.73	0.65	0.99		0.64
Capital Stock	0.53	0.76	0.49	0.72	0.46	0.52	0.66	0.11	0.19	0.66	0.39	0.77	-0.28	0.74	0.49	0.29	1.0	-0.29	0.46	-0.52	-0.43	-0.38	1.0	0.68	0.64

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McChip Resources Account Relationship Matchups

McChip Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.2M	9.6M	9.8M	10.3M	11.9M	7.4M
Total Current Liabilities	824.7K	1.0M	1.7M	2.1M	2.4M	2.5M
Total Stockholder Equity	7.4M	8.6M	8.0M	8.2M	9.5M	6.3M
Net Tangible Assets	5.5M	5.7M	7.4M	8.6M	9.9M	5.7M
Retained Earnings	1.2M	2.2M	1.6M	1.8M	2.1M	2.2M
Accounts Payable	199.3K	186.8K	213.2K	274.5K	315.7K	221.4K
Cash	452.6K	523.4K	915.1K	471.8K	542.6K	569.9K
Net Receivables	557.7K	567.6K	503.2K	512.0K	588.8K	470.0K
Short Term Investments	6.0M	7.3M	7.4M	8.4M	9.6M	10.1M
Other Current Assets	58.8K	45.0K	46.2K	72.9K	83.8K	53.8K
Total Liab	831.5K	1.0M	1.8M	2.1M	2.4M	2.5M
Long Term Investments	514.9K	667.4K	792.2K	942.0K	847.8K	1.1M
Short Long Term Debt	610.4K	823.2K	1.5M	1.8M	2.0M	2.1M
Total Current Assets	7.0M	8.3M	8.8M	9.4M	10.8M	5.6M
Non Current Assets Total	1.1M	1.3M	1.0M	988.0K	889.2K	1.0M
Other Assets	288.8K	115.5K	114.0K	113.9K	102.5K	129.2K
Net Invested Capital	8.0M	9.5M	9.5M	10.0M	11.5M	8.8M
Net Working Capital	6.2M	7.3M	7.1M	7.3M	8.4M	6.5M
Property Plant And Equipment Net	364.4K	390.2K	73.6K	46.0K	41.4K	39.3K
Net Debt	157.8K	299.7K	575.7K	1.3M	1.5M	1.6M

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