Performance Average Inventory vs Price To Sales Ratio Analysis

PSHG Stock

USD 1.72 0.07 3.91%

Performance Shipping financial indicator trend analysis is much more than just breaking down Performance Shipping prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Performance Shipping is a good investment. Please check the relationship between Performance Shipping Average Inventory and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.

Average Inventory vs Price To Sales Ratio

Average Inventory vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Performance Shipping Average Inventory account and Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.

The correlation between Performance Shipping's Average Inventory and Price To Sales Ratio is 0.09. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Performance Shipping, assuming nothing else is changed. The correlation between historical values of Performance Shipping's Average Inventory 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 Average Inventory of Performance Shipping 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 Average Inventory i.e., Performance Shipping's Average Inventory and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Performance Shipping stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Performance Shipping sales, a figure that is much harder to manipulate than other Performance Shipping 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 Performance Shipping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Performance Shipping 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.At this time, Performance Shipping's Enterprise Value Multiple is most likely to increase significantly in the upcoming years.

	2022	2023	2024	2025 (projected)
Total Revenue	75.2M	108.9M	125.3M	131.5M
Interest Expense	4.0M	9.6M	11.0M	5.8M

Total Revenue Interest Expense

Performance Shipping fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.81	0.1	0.11	0.83	0.98	-0.05	0.57	0.34	0.19	0.48	0.97	0.39	0.48	-0.06	0.6	0.04	0.8	0.42	0.22	0.07	0.81	0.54	0.43	0.1	0.61
Short Long Term Debt Total	0.81		-0.25	0.42	0.42	0.88	-0.01	0.82	0.24	-0.09	0.14	0.87	0.31	0.14	-0.27	0.51	-0.25	0.73	0.36	-0.01	-0.1	0.92	0.18	0.08	0.43	0.5
Other Current Liab	0.1	-0.25		-0.62	0.34	-0.02	0.04	-0.46	-0.18	0.61	0.63	-0.01	-0.07	0.63	0.77	-0.04	0.67	0.2	0.31	0.29	0.45	-0.19	0.59	0.64	-0.73	0.06
Total Current Liabilities	0.11	0.42	-0.62		-0.25	0.21	-0.28	0.54	-0.26	-0.11	-0.22	0.18	-0.17	-0.22	-0.11	-0.25	-0.06	-0.16	0.07	0.1	0.13	0.45	-0.35	-0.16	0.99	-0.26
Total Stockholder Equity	0.83	0.42	0.34	-0.25		0.73	-0.2	0.05	0.48	0.27	0.64	0.73	0.32	0.64	0.03	0.52	0.22	0.52	0.24	0.2	0.05	0.35	0.65	0.6	-0.25	0.56
Property Plant And Equipment Net	0.98	0.88	-0.02	0.21	0.73		-0.03	0.7	0.33	0.12	0.34	0.99	0.39	0.34	-0.14	0.58	-0.05	0.82	0.42	0.18	0.01	0.88	0.4	0.3	0.21	0.58
Current Deferred Revenue	-0.05	-0.01	0.04	-0.28	-0.2	-0.03		0.3	-0.15	0.14	-0.45	0.02	0.49	-0.45	-0.11	0.15	-0.55	0.33	0.45	0.27	-0.02	0.13	-0.01	-0.45	-0.24	0.06
Net Debt	0.57	0.82	-0.46	0.54	0.05	0.7	0.3		0.04	-0.12	-0.3	0.7	0.38	-0.3	-0.36	0.33	-0.44	0.64	0.35	0.12	-0.08	0.91	-0.09	-0.32	0.57	0.27
Retained Earnings	0.34	0.24	-0.18	-0.26	0.48	0.33	-0.15	0.04		-0.4	0.08	0.37	0.44	0.08	-0.54	0.39	-0.25	0.21	-0.23	0.0	-0.83	0.07	0.21	-0.01	-0.19	0.37
Accounts Payable	0.19	-0.09	0.61	-0.11	0.27	0.12	0.14	-0.12	-0.4		0.34	0.11	-0.09	0.34	0.68	-0.24	0.52	0.12	0.66	0.35	0.67	0.03	0.41	0.4	-0.21	-0.19
Cash	0.48	0.14	0.63	-0.22	0.64	0.34	-0.45	-0.3	0.08	0.34		0.31	-0.19	1.0	0.55	0.24	0.69	0.29	0.17	0.07	0.33	0.12	0.7	0.98	-0.32	0.37
Non Current Assets Total	0.97	0.87	-0.01	0.18	0.73	0.99	0.02	0.7	0.37	0.11	0.31		0.48	0.31	-0.18	0.59	-0.07	0.83	0.44	0.22	-0.03	0.87	0.42	0.26	0.18	0.59
Non Currrent Assets Other	0.39	0.31	-0.07	-0.17	0.32	0.39	0.49	0.38	0.44	-0.09	-0.19	0.48		-0.19	-0.45	0.4	-0.39	0.44	0.33	0.47	-0.36	0.32	0.28	-0.24	-0.1	0.35
Cash And Short Term Investments	0.48	0.14	0.63	-0.22	0.64	0.34	-0.45	-0.3	0.08	0.34	1.0	0.31	-0.19		0.55	0.24	0.69	0.29	0.17	0.07	0.33	0.12	0.7	0.98	-0.32	0.37
Net Receivables	-0.06	-0.27	0.77	-0.11	0.03	-0.14	-0.11	-0.36	-0.54	0.68	0.55	-0.18	-0.45	0.55		-0.4	0.83	-0.06	0.29	0.24	0.69	-0.13	0.4	0.65	-0.26	-0.29
Common Stock Total Equity	0.6	0.51	-0.04	-0.25	0.52	0.58	0.15	0.33	0.39	-0.24	0.24	0.59	0.4	0.24	-0.4		-0.37	0.69	0.26	-0.19	-0.2	0.46	0.1	0.13	-0.2	0.98
Common Stock Shares Outstanding	0.04	-0.25	0.67	-0.06	0.22	-0.05	-0.55	-0.44	-0.25	0.52	0.69	-0.07	-0.39	0.69	0.83	-0.37		-0.14	0.06	0.19	0.51	-0.17	0.44	0.77	-0.19	-0.22
Non Current Liabilities Total	0.8	0.73	0.2	-0.16	0.52	0.82	0.33	0.64	0.21	0.12	0.29	0.83	0.44	0.29	-0.06	0.69	-0.14		0.5	0.08	0.01	0.8	0.41	0.21	-0.17	0.69
Inventory	0.42	0.36	0.31	0.07	0.24	0.42	0.45	0.35	-0.23	0.66	0.17	0.44	0.33	0.17	0.29	0.26	0.06	0.5		0.41	0.37	0.45	0.16	0.16	0.0	0.28
Other Current Assets	0.22	-0.01	0.29	0.1	0.2	0.18	0.27	0.12	0.0	0.35	0.07	0.22	0.47	0.07	0.24	-0.19	0.19	0.08	0.41		0.14	0.16	0.34	0.12	0.06	-0.18
Other Stockholder Equity	0.07	-0.1	0.45	0.13	0.05	0.01	-0.02	-0.08	-0.83	0.67	0.33	-0.03	-0.36	0.33	0.69	-0.2	0.51	0.01	0.37	0.14		0.06	0.19	0.41	0.04	-0.15
Total Liab	0.81	0.92	-0.19	0.45	0.35	0.88	0.13	0.91	0.07	0.03	0.12	0.87	0.32	0.12	-0.13	0.46	-0.17	0.8	0.45	0.16	0.06		0.22	0.09	0.44	0.45
Property Plant And Equipment Gross	0.54	0.18	0.59	-0.35	0.65	0.4	-0.01	-0.09	0.21	0.41	0.7	0.42	0.28	0.7	0.4	0.1	0.44	0.41	0.16	0.34	0.19	0.22		0.7	-0.39	0.17
Total Current Assets	0.43	0.08	0.64	-0.16	0.6	0.3	-0.45	-0.32	-0.01	0.4	0.98	0.26	-0.24	0.98	0.65	0.13	0.77	0.21	0.16	0.12	0.41	0.09	0.7		-0.27	0.27
Short Term Debt	0.1	0.43	-0.73	0.99	-0.25	0.21	-0.24	0.57	-0.19	-0.21	-0.32	0.18	-0.1	-0.32	-0.26	-0.2	-0.19	-0.17	0.0	0.06	0.04	0.44	-0.39	-0.27		-0.24
Common Stock	0.61	0.5	0.06	-0.26	0.56	0.58	0.06	0.27	0.37	-0.19	0.37	0.59	0.35	0.37	-0.29	0.98	-0.22	0.69	0.28	-0.18	-0.15	0.45	0.17	0.27	-0.24

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Performance Shipping Account Relationship Matchups

Performance Shipping fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	157.9M	144.9M	293.0M	296.3M	266.6M	196.3M
Short Long Term Debt Total	57.7M	49.9M	127.8M	55.0M	49.5M	79.4M
Other Current Liab	1.5M	1.6M	3.3M	3.2M	3.7M	3.9M
Total Current Liabilities	10.8M	15.2M	26.1M	15.3M	17.6M	27.6M
Total Stockholder Equity	96.8M	87.3M	155.7M	233.2M	209.9M	124.3M
Property Plant And Equipment Net	129.2M	123.2M	236.8M	213.6M	192.2M	159.3M
Net Debt	36.3M	40.3M	89.1M	(12.3M)	(11.1M)	(10.5M)
Retained Earnings	(360.4M)	(370.1M)	(358.0M)	(301.1M)	(271.0M)	(284.6M)
Accounts Payable	1.5M	5.7M	4.6M	4.6M	5.3M	2.7M
Cash	21.4M	9.6M	38.7M	67.3M	77.4M	81.2M
Non Current Assets Total	136.5M	135.4M	239.5M	216.4M	194.7M	167.7M
Non Currrent Assets Other	7.2M	12.2M	1.6M	1.8M	1.6M	1.5M
Cash And Short Term Investments	21.4M	9.6M	38.7M	67.3M	77.4M	81.2M
Net Receivables	3.5M	3.8M	9.1M	8.3M	9.5M	10.0M
Common Stock Shares Outstanding	329.7K	335.1K	6.4M	35.5M	40.9M	42.9M
Liabilities And Stockholders Equity	157.9M	144.9M	293.0M	296.3M	266.6M	196.3M
Non Current Liabilities Total	61.1M	57.6M	111.2M	47.7M	43.0M	56.0M
Inventory	2.0M	4.3M	3.0M	2.2M	2.5M	2.6M
Other Current Assets	1.6M	1.8M	2.6M	2.2M	2.5M	1.8M
Other Stockholder Equity	457.2M	457.4M	513.6M	534.1M	614.2M	409.8M
Total Liab	61.1M	57.6M	137.3M	63.1M	56.8M	72.1M
Property Plant And Equipment Gross	129.4M	123.2M	254.5M	239.6M	275.5M	210.7M
Total Current Assets	21.4M	9.6M	53.5M	79.9M	91.9M	96.5M
Accumulated Other Comprehensive Income	8K	(2K)	66K	49K	56.4K	59.2K
Short Term Debt	7.9M	7.9M	16.8M	7.5M	6.7M	6.4M
Other Liab	1.6M	146K	251K	262K	301.3K	458.9K
Net Tangible Assets	95.6M	94.2M	96.8M	87.3M	78.6M	95.4M
Other Assets	1.2M	34.6M	2.2M	1.0	0.9	0.86
Long Term Debt	49.9M	42.1M	127.7M	47.5M	42.7M	58.6M
Property Plant Equipment	86.9M	60.6M	129.4M	123.3M	110.9M	140.5M
Short Long Term Debt	7.8M	7.8M	16.7M	7.4M	6.7M	6.4M
Non Current Liabilities Other	251K	262K	9.6M	214K	246.1K	233.8K
Net Invested Capital	154.5M	137.2M	127.7M	288.1M	331.3M	181.9M
Net Working Capital	17.6M	4.2M	27.4M	64.6M	74.3M	78.0M

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When determining whether Performance Shipping is a strong investment it is important to analyze Performance Shipping's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Performance Shipping's future performance. For an informed investment choice regarding Performance Stock, refer to the following important reports:

How To Invest In Performance

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Is Performance Stock a good investment?

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What is Performance Shipping's Net Worth?

Details

Largest Marine Transportation Companies

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Largest Marine Shipping Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more detail on how to invest in Performance Stock please use our How to Invest in Performance Shipping guide.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Performance Shipping. If investors know Performance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Performance Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.179

Earnings Share

1.47

Revenue Per Share

7.294

Quarterly Revenue Growth

(0.05)

Return On Assets

0.0833

The market value of Performance Shipping is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Shipping's value that differs from its market value or its book value, called intrinsic value, which is Performance Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Performance Shipping's market value can be influenced by many factors that don't directly affect Performance Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Performance Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Performance Average Inventory vs Price To Sales Ratio Analysis

Average Inventory vs Price To Sales Ratio

Average Inventory vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Average Inventory

Price To Sales Ratio

Performance Shipping fundamental ratios Correlations

Performance Shipping Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Performance Shipping fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments

Other Stockholder Equity	- 0.83	Retained Earnings
Short Term Debt	- 0.73	Other Current Liab
Total Current Liabilities	- 0.62	Other Current Liab
Common Stock Shares Outstanding	- 0.55	Current Deferred Revenue
Net Receivables	- 0.54	Retained Earnings
Net Debt	- 0.46	Other Current Liab