Newtopia Ev To Sales vs Price To Sales Ratio Analysis

NEWU Stock  CAD 0.01  0.00  0.00%   
Newtopia financial indicator trend analysis is infinitely more than just investigating Newtopia recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newtopia is a good investment. Please check the relationship between Newtopia Ev To Sales and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newtopia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Ev To Sales vs Price To Sales Ratio

Ev To Sales vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newtopia Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Newtopia's Ev To Sales and Price To Sales Ratio is 1.0. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Newtopia, assuming nothing else is changed. The correlation between historical values of Newtopia's Ev To Sales 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 Ev To Sales of Newtopia 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 Ev To Sales i.e., Newtopia's Ev To Sales and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Newtopia stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Newtopia sales, a figure that is much harder to manipulate than other Newtopia 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 Newtopia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newtopia 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 Newtopia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Enterprise Value is likely to climb to about 39.2 M in 2025, whereas Selling General Administrative is likely to drop slightly above 9.3 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit6.0M6.0M6.9M4.7M
Total Revenue11.2M10.6M12.1M9.7M

Newtopia fundamental ratios Correlations

0.82-0.590.19-0.38-0.080.580.1-0.420.62-0.19-0.35-0.390.16-0.31-0.32-0.190.350.43-0.41-0.15-0.41-0.310.360.420.35
0.82-0.630.13-0.090.020.53-0.26-0.40.36-0.3-0.59-0.12-0.27-0.04-0.04-0.30.180.65-0.420.33-0.36-0.630.140.420.11
-0.59-0.63-0.830.720.70.220.510.940.250.860.930.720.010.640.70.27-0.83-0.950.960.270.930.84-0.79-0.96-0.76
0.190.13-0.83-0.81-0.94-0.62-0.4-0.94-0.56-0.86-0.76-0.840.29-0.82-0.82-0.340.950.77-0.95-0.51-0.93-0.620.930.950.91
-0.38-0.090.72-0.810.870.420.150.790.20.710.530.84-0.380.90.970.07-0.91-0.520.790.830.880.38-0.88-0.79-0.88
-0.080.020.7-0.940.870.680.330.840.530.820.640.76-0.320.870.870.32-0.93-0.620.850.610.890.5-0.87-0.84-0.85
0.580.530.22-0.620.420.680.540.420.910.630.330.40.030.350.46-0.13-0.46-0.280.420.370.420.24-0.45-0.41-0.45
0.1-0.260.51-0.40.150.330.540.420.620.770.70.120.71-0.10.1-0.23-0.19-0.650.46-0.240.360.73-0.16-0.43-0.14
-0.42-0.40.94-0.940.790.840.420.420.420.880.830.86-0.230.780.820.37-0.94-0.890.990.430.970.7-0.93-0.99-0.9
0.620.360.25-0.560.20.530.910.620.420.60.440.290.170.20.280.02-0.36-0.410.430.080.380.39-0.34-0.42-0.34
-0.19-0.30.86-0.860.710.820.630.770.880.60.890.660.170.550.690.08-0.77-0.870.90.290.860.8-0.73-0.88-0.7
-0.35-0.590.93-0.760.530.640.330.70.830.440.890.470.290.450.490.26-0.67-0.970.880.010.830.98-0.59-0.87-0.54
-0.39-0.120.72-0.840.840.760.40.120.860.290.660.47-0.550.830.910.17-0.9-0.570.820.760.820.28-0.97-0.83-0.98
0.16-0.270.010.29-0.38-0.320.030.71-0.230.170.170.29-0.55-0.64-0.48-0.450.46-0.18-0.16-0.64-0.220.450.520.190.55
-0.31-0.040.64-0.820.90.870.35-0.10.780.20.550.450.83-0.640.930.43-0.94-0.480.770.770.860.29-0.9-0.78-0.89
-0.32-0.040.7-0.820.970.870.460.10.820.280.690.490.91-0.480.930.14-0.93-0.530.80.850.880.32-0.92-0.8-0.93
-0.19-0.30.27-0.340.070.32-0.13-0.230.370.020.080.260.17-0.450.430.14-0.39-0.340.36-0.150.340.25-0.31-0.37-0.27
0.350.18-0.830.95-0.91-0.93-0.46-0.19-0.94-0.36-0.77-0.67-0.90.46-0.94-0.93-0.390.71-0.93-0.66-0.96-0.520.980.940.96
0.430.65-0.950.77-0.52-0.62-0.28-0.65-0.89-0.41-0.87-0.97-0.57-0.18-0.48-0.53-0.340.71-0.91-0.02-0.85-0.930.650.90.61
-0.41-0.420.96-0.950.790.850.420.460.990.430.90.880.82-0.160.770.80.36-0.93-0.910.390.970.77-0.9-1.0-0.87
-0.150.330.27-0.510.830.610.37-0.240.430.080.290.010.76-0.640.770.85-0.15-0.66-0.020.390.52-0.18-0.7-0.41-0.73
-0.41-0.360.93-0.930.880.890.420.360.970.380.860.830.82-0.220.860.880.34-0.96-0.850.970.520.71-0.91-0.98-0.88
-0.31-0.630.84-0.620.380.50.240.730.70.390.80.980.280.450.290.320.25-0.52-0.930.77-0.180.71-0.41-0.75-0.36
0.360.14-0.790.93-0.88-0.87-0.45-0.16-0.93-0.34-0.73-0.59-0.970.52-0.9-0.92-0.310.980.65-0.9-0.7-0.91-0.410.911.0
0.420.42-0.960.95-0.79-0.84-0.41-0.43-0.99-0.42-0.88-0.87-0.830.19-0.78-0.8-0.370.940.9-1.0-0.41-0.98-0.750.910.88
0.350.11-0.760.91-0.88-0.85-0.45-0.14-0.9-0.34-0.7-0.54-0.980.55-0.89-0.93-0.270.960.61-0.87-0.73-0.88-0.361.00.88
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Newtopia Account Relationship Matchups

Newtopia fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab2.2M2.1M47.5K203.6K183.2K174.1K
Total Current Liabilities16.0M2.6M4.8M10.4M9.4M7.7M
Net Tangible Assets(25.5M)(24.2M)4.1M(4.1M)(4.7M)(4.9M)
Retained Earnings(43.2M)(51.0M)(58.7M)(66.4M)(59.7M)(62.7M)
Accounts Payable1.3M1.6M1.4M2.6M3.0M1.6M
Net Receivables1.2M955.7K1.3M1.5M1.7M1.1M
Inventory604.9K278.7K131K325.6K374.4K332.2K
Total Current Assets4.7M6.7M2.8M2.7M3.1M4.0M
Property Plant Equipment1.0M925.4K684.2K435.7K501.0K689.0K
Total Assets5.6M7.9M5.5M5.9M6.8M6.3M
Total Stockholder Equity(11.2M)4.2M(1.8M)(5.5M)(6.4M)(6.7M)
Cash2.4M4.7M811.6K346.0K311.4K295.8K
Non Current Assets Total925.4K753.2K2.7M3.2M3.7M1.9M
Non Current Liabilities Total883.1K667.6K2.5M1.1M1.2M1.4M
Capital Lease Obligations1.0M883.1K667.6K544.7K490.2K675.1K
Total Liab16.8M3.7M7.4M11.5M10.3M8.9M
Net Invested Capital(20.2M)4.2M2.7M2.8M3.2M3.3M
Net Working Capital(11.3M)4.1M(2.0M)(7.7M)(8.9M)(9.3M)

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Additional Tools for Newtopia Stock Analysis

When running Newtopia's price analysis, check to measure Newtopia'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 Newtopia is operating at the current time. Most of Newtopia's value examination focuses on studying past and present price action to predict the probability of Newtopia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtopia's price. Additionally, you may evaluate how the addition of Newtopia to your portfolios can decrease your overall portfolio volatility.