NEXE Price To Sales Ratio vs Operating Cash Flow Per Share Analysis

NEXE Stock

CAD 0.43 0.04 10.26%

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

Price To Sales Ratio vs Operating Cash Flow Per Share

Price To Sales Ratio vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NEXE Innovations Price To Sales Ratio account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between NEXE Innovations' Price To Sales Ratio and Operating Cash Flow Per Share is -0.33. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of NEXE Innovations, assuming nothing else is changed. The correlation between historical values of NEXE Innovations' Price To Sales Ratio and Operating Cash Flow Per Share 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 NEXE Innovations are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Price To Sales Ratio i.e., NEXE Innovations' Price To Sales Ratio and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

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

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

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

Selling General Administrative is likely to climb to about 6.8 M in 2024, whereas Discontinued Operations is likely to drop (102.1 K) in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	672.8K	987.6K	1.1M	648.6K
Total Operating Expenses	7.9M	5.7M	6.6M	7.5M

Reconciled Depreciation Total Operating Expenses

NEXE Innovations fundamental ratios Correlations

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Capital Stock	Net Working Capital
Total Current Liabilities		0.99	-0.94	0.86	-0.21	0.85	0.96	0.99	0.75	0.99	0.99	0.81	0.84	0.75	0.62	-0.9	0.97	0.32	-0.46	0.64	0.97	0.99	0.82	0.62	0.99	0.94
Net Tangible Assets	0.99		-0.93	0.83	-0.2	0.81	0.98	0.99	0.73	1.0	1.0	0.78	0.85	0.73	0.6	-0.87	0.96	0.4	-0.39	0.59	0.98	1.0	0.79	0.63	0.99	0.96
Retained Earnings	-0.94	-0.93		-0.95	0.51	-0.94	-0.85	-0.96	-0.91	-0.94	-0.94	-0.91	-0.66	-0.88	-0.83	0.96	-0.97	-0.37	0.63	-0.8	-0.9	-0.93	-0.92	-0.37	-0.97	-0.84
Accounts Payable	0.86	0.83	-0.95		-0.55	0.99	0.74	0.87	0.96	0.85	0.86	0.89	0.6	0.85	0.86	-0.98	0.93	0.13	-0.75	0.93	0.83	0.85	0.89	0.31	0.9	0.75
Net Receivables	-0.21	-0.2	0.51	-0.55		-0.6	-0.01	-0.32	-0.74	-0.22	-0.22	-0.7	0.27	-0.77	-0.88	0.52	-0.4	-0.32	0.71	-0.66	-0.13	-0.21	-0.68	0.59	-0.35	-0.01
Other Stockholder Equity	0.85	0.81	-0.94	0.99	-0.6		0.71	0.86	0.96	0.83	0.83	0.89	0.54	0.87	0.89	-0.95	0.91	0.21	-0.74	0.9	0.79	0.83	0.9	0.23	0.88	0.71
Total Current Assets	0.96	0.98	-0.85	0.74	-0.01	0.71		0.93	0.61	0.98	0.97	0.63	0.93	0.56	0.45	-0.78	0.9	0.36	-0.22	0.47	0.99	0.98	0.65	0.77	0.93	0.99
Common Stock	0.99	0.99	-0.96	0.87	-0.32	0.86	0.93		0.8	0.98	0.98	0.86	0.77	0.82	0.69	-0.92	0.98	0.39	-0.51	0.67	0.96	0.98	0.87	0.52	1.0	0.92
Property Plant Equipment	0.75	0.73	-0.91	0.96	-0.74	0.96	0.61	0.8		0.76	0.76	0.92	0.41	0.91	0.96	-0.94	0.87	0.21	-0.8	0.94	0.71	0.76	0.92	0.08	0.83	0.61
Total Assets	0.99	1.0	-0.94	0.85	-0.22	0.83	0.98	0.98	0.76		1.0	0.77	0.86	0.72	0.63	-0.88	0.97	0.38	-0.39	0.62	0.99	1.0	0.78	0.64	0.99	0.97
Total Stockholder Equity	0.99	1.0	-0.94	0.86	-0.22	0.83	0.97	0.98	0.76	1.0		0.78	0.86	0.72	0.63	-0.88	0.97	0.38	-0.4	0.63	0.99	1.0	0.79	0.63	0.99	0.97
Property Plant And Equipment Net	0.81	0.78	-0.91	0.89	-0.7	0.89	0.63	0.86	0.92	0.77	0.78		0.38	0.99	0.89	-0.94	0.89	0.29	-0.82	0.83	0.7	0.77	1.0	0.06	0.86	0.6
Cash	0.84	0.85	-0.66	0.6	0.27	0.54	0.93	0.77	0.41	0.86	0.86	0.38		0.29	0.19	-0.62	0.74	0.11	-0.06	0.36	0.91	0.86	0.4	0.94	0.78	0.95
Non Current Assets Total	0.75	0.73	-0.88	0.85	-0.77	0.87	0.56	0.82	0.91	0.72	0.72	0.99	0.29		0.91	-0.9	0.85	0.35	-0.82	0.81	0.64	0.71	0.99	-0.04	0.82	0.53
Other Assets	0.62	0.6	-0.83	0.86	-0.88	0.89	0.45	0.69	0.96	0.63	0.63	0.89	0.19	0.91		-0.82	0.76	0.36	-0.76	0.86	0.56	0.62	0.88	-0.16	0.72	0.45
Long Term Debt	-0.9	-0.87	0.96	-0.98	0.52	-0.95	-0.78	-0.92	-0.94	-0.88	-0.88	-0.94	-0.62	-0.9	-0.82		-0.96	-0.13	0.78	-0.9	-0.84	-0.88	-0.94	-0.34	-0.93	-0.77
Common Stock Shares Outstanding	0.97	0.96	-0.97	0.93	-0.4	0.91	0.9	0.98	0.87	0.97	0.97	0.89	0.74	0.85	0.76	-0.96		0.32	-0.59	0.77	0.95	0.97	0.9	0.47	0.99	0.89
Short Term Investments	0.32	0.4	-0.37	0.13	-0.32	0.21	0.36	0.39	0.21	0.38	0.38	0.29	0.11	0.35	0.36	-0.13	0.32		0.22	-0.13	0.34	0.38	0.29	-0.05	0.38	0.35
Non Current Liabilities Total	-0.46	-0.39	0.63	-0.75	0.71	-0.74	-0.22	-0.51	-0.8	-0.39	-0.4	-0.82	-0.06	-0.82	-0.76	0.78	-0.59	0.22		-0.9	-0.33	-0.39	-0.82	0.2	-0.52	-0.2
Other Current Assets	0.64	0.59	-0.8	0.93	-0.66	0.9	0.47	0.67	0.94	0.62	0.63	0.83	0.36	0.81	0.86	-0.9	0.77	-0.13	-0.9		0.59	0.62	0.84	0.07	0.7	0.48
Total Liab	0.97	0.98	-0.9	0.83	-0.13	0.79	0.99	0.96	0.71	0.99	0.99	0.7	0.91	0.64	0.56	-0.84	0.95	0.34	-0.33	0.59		0.99	0.72	0.7	0.97	0.99
Net Invested Capital	0.99	1.0	-0.93	0.85	-0.21	0.83	0.98	0.98	0.76	1.0	1.0	0.77	0.86	0.71	0.62	-0.88	0.97	0.38	-0.39	0.62	0.99		0.78	0.64	0.99	0.97
Property Plant And Equipment Gross	0.82	0.79	-0.92	0.89	-0.68	0.9	0.65	0.87	0.92	0.78	0.79	1.0	0.4	0.99	0.88	-0.94	0.9	0.29	-0.82	0.84	0.72	0.78		0.09	0.87	0.62
Short Long Term Debt	0.62	0.63	-0.37	0.31	0.59	0.23	0.77	0.52	0.08	0.64	0.63	0.06	0.94	-0.04	-0.16	-0.34	0.47	-0.05	0.2	0.07	0.7	0.64	0.09		0.52	0.79
Capital Stock	0.99	0.99	-0.97	0.9	-0.35	0.88	0.93	1.0	0.83	0.99	0.99	0.86	0.78	0.82	0.72	-0.93	0.99	0.38	-0.52	0.7	0.97	0.99	0.87	0.52		0.92
Net Working Capital	0.94	0.96	-0.84	0.75	-0.01	0.71	0.99	0.92	0.61	0.97	0.97	0.6	0.95	0.53	0.45	-0.77	0.89	0.35	-0.2	0.48	0.99	0.97	0.62	0.79	0.92

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NEXE Innovations Account Relationship Matchups

NEXE Innovations fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	888.2K	3.9M	3.0M	3.2M	3.7M	2.5M
Net Tangible Assets	4.8M	52.3M	44.7M	39.4M	45.3M	31.7M
Retained Earnings	(5.9M)	(23.1M)	(31.4M)	(37.5M)	(33.8M)	(32.1M)
Accounts Payable	664.8K	1.5M	1.6M	2.9M	3.3M	3.5M
Net Receivables	274.8K	603.4K	16.0K	342.0	307.8	292.41
Other Stockholder Equity	836.6K	819.8K	1.4M	2.1M	2.5M	2.6M
Total Current Assets	3.6M	53.4M	34.7M	26.2M	30.1M	26.2M
Common Stock	11.1M	66.7M	66.9M	66.2M	76.1M	48.1M
Property Plant Equipment	2.6M	4.1M	12.1M	17.1M	19.6M	20.6M

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