Rio2 Price To Sales Ratio vs Capex To Depreciation Analysis

RIO Stock

CAD 0.62 0.01 1.64%

Rio2 financial indicator trend analysis is much more than just breaking down Rio2 prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rio2 is a good investment. Please check the relationship between Rio2 Price To Sales Ratio and its Capex To Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio2. 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 Rio2 Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have weak relationship.

The correlation between Rio2's Price To Sales Ratio and Capex To Depreciation is 0.3. 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 Rio2, assuming nothing else is changed. The correlation between historical values of Rio2'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 Rio2 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., Rio2's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Rio2 stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Rio2 sales, a figure that is much harder to manipulate than other Rio2 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 Rio2's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rio2 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 Rio2. 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.

At this time, Rio2's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 69.8 M in 2025, whereas Tax Provision is likely to drop 0.00 in 2025.

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	2.5M	2.6M	3.0M	3.1M
Interest Income	53.7K	188.2K	216.4K	227.3K

Reconciled Depreciation Interest Income

Rio2 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	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Assets	Net Receivables	Short Term Investments	Non Currrent Assets Other	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Inventory	Other Current Assets	Non Current Liabilities Total	Net Tangible Assets	Current Deferred Revenue
Total Assets		0.39	0.98	0.72	-0.48	-0.93	0.63	0.58	0.94	0.5	0.92	-0.03	0.88	0.53	0.91	0.2	-0.46	0.84	0.38	0.7	-0.37	-0.11	0.48	0.86	0.64	-0.45
Total Current Liabilities	0.39		0.53	0.73	-0.72	-0.3	0.9	0.68	0.34	0.79	0.47	0.03	0.02	0.8	0.13	0.17	0.07	-0.03	0.18	0.17	-0.11	-0.44	0.69	-0.03	0.46	-0.43
Total Stockholder Equity	0.98	0.53		0.75	-0.54	-0.86	0.72	0.64	0.88	0.57	0.88	0.05	0.76	0.61	0.84	0.31	-0.42	0.72	0.27	0.61	-0.43	-0.16	0.53	0.73	0.69	-0.44
Property Plant And Equipment Net	0.72	0.73	0.75		-0.57	-0.69	0.82	0.57	0.76	0.6	0.83	-0.12	0.54	0.59	0.57	0.12	-0.27	0.38	0.6	0.35	-0.19	-0.28	0.6	0.5	0.58	-0.6
Net Debt	-0.48	-0.72	-0.54	-0.57		0.52	-0.67	-0.98	-0.45	-0.9	-0.58	-0.12	-0.27	-0.91	-0.44	-0.17	0.23	-0.24	-0.29	-0.63	0.2	0.78	-0.98	-0.23	-0.42	0.4
Retained Earnings	-0.93	-0.3	-0.86	-0.69	0.52		-0.57	-0.58	-0.97	-0.5	-0.96	0.17	-0.93	-0.5	-0.89	0.04	0.44	-0.89	-0.59	-0.8	0.22	0.12	-0.51	-0.91	-0.54	0.49
Accounts Payable	0.63	0.9	0.72	0.82	-0.67	-0.57		0.66	0.62	0.81	0.69	-0.06	0.32	0.8	0.33	0.02	0.03	0.3	0.35	0.31	-0.2	-0.27	0.61	0.27	0.65	-0.54
Cash	0.58	0.68	0.64	0.57	-0.98	-0.58	0.66		0.52	0.88	0.64	0.17	0.36	0.9	0.55	0.24	-0.31	0.34	0.24	0.69	-0.25	-0.74	0.97	0.33	0.46	-0.38
Non Current Assets Total	0.94	0.34	0.88	0.76	-0.45	-0.97	0.62	0.52		0.48	0.97	-0.23	0.93	0.46	0.87	-0.09	-0.41	0.89	0.63	0.74	-0.21	-0.07	0.46	0.92	0.54	-0.56
Cash And Short Term Investments	0.5	0.79	0.57	0.6	-0.9	-0.5	0.81	0.88	0.48		0.61	-0.02	0.26	0.99	0.36	0.11	0.13	0.25	0.32	0.51	-0.25	-0.64	0.82	0.22	0.45	-0.49
Common Stock Shares Outstanding	0.92	0.47	0.88	0.83	-0.58	-0.96	0.69	0.64	0.97	0.61		-0.21	0.87	0.6	0.84	-0.01	-0.37	0.79	0.64	0.73	-0.25	-0.18	0.59	0.85	0.55	-0.6
Other Stockholder Equity	-0.03	0.03	0.05	-0.12	-0.12	0.17	-0.06	0.17	-0.23	-0.02	-0.21		-0.21	0.07	0.04	0.56	-0.17	-0.25	-0.54	-0.15	0.19	-0.28	0.17	-0.21	0.53	0.69
Total Liab	0.88	0.02	0.76	0.54	-0.27	-0.93	0.32	0.36	0.93	0.26	0.87	-0.21		0.25	0.93	-0.08	-0.45	0.95	0.57	0.78	-0.17	0.0	0.29	1.0	0.4	-0.4
Total Current Assets	0.53	0.8	0.61	0.59	-0.91	-0.5	0.8	0.9	0.46	0.99	0.6	0.07	0.25		0.4	0.24	0.07	0.24	0.23	0.5	-0.31	-0.65	0.84	0.21	0.49	-0.44
Other Assets	0.91	0.13	0.84	0.57	-0.44	-0.89	0.33	0.55	0.87	0.36	0.84	0.04	0.93	0.4		0.26	-0.57	0.84	0.4	0.78	-0.29	-0.25	0.48	0.92	0.49	-0.31
Net Receivables	0.2	0.17	0.31	0.12	-0.17	0.04	0.02	0.24	-0.09	0.11	-0.01	0.56	-0.08	0.24	0.26		-0.25	-0.21	-0.47	-0.15	-0.5	-0.32	0.22	-0.08	0.29	0.2
Short Term Investments	-0.46	0.07	-0.42	-0.27	0.23	0.44	0.03	-0.31	-0.41	0.13	-0.37	-0.17	-0.45	0.07	-0.57	-0.25		-0.39	-0.09	-0.44	0.21	0.12	-0.36	-0.46	-0.19	0.08
Non Currrent Assets Other	0.84	-0.03	0.72	0.38	-0.24	-0.89	0.3	0.34	0.89	0.25	0.79	-0.25	0.95	0.24	0.84	-0.21	-0.39		0.47	0.81	-0.17	0.1	0.22	0.95	0.36	-0.37
Short Long Term Debt Total	0.38	0.18	0.27	0.6	-0.29	-0.59	0.35	0.24	0.63	0.32	0.64	-0.54	0.57	0.23	0.4	-0.47	-0.09	0.47		0.42	0.07	-0.14	0.31	0.56	0.15	-0.59
Other Current Liab	0.7	0.17	0.61	0.35	-0.63	-0.8	0.31	0.69	0.74	0.51	0.73	-0.15	0.78	0.5	0.78	-0.15	-0.44	0.81	0.42		-0.05	-0.38	0.62	0.77	0.2	-0.38
Short Term Debt	-0.37	-0.11	-0.43	-0.19	0.2	0.22	-0.2	-0.25	-0.21	-0.25	-0.25	0.19	-0.17	-0.31	-0.29	-0.5	0.21	-0.17	0.07	-0.05		0.03	-0.16	-0.17	-0.09	0.47
Inventory	-0.11	-0.44	-0.16	-0.28	0.78	0.12	-0.27	-0.74	-0.07	-0.64	-0.18	-0.28	0.0	-0.65	-0.25	-0.32	0.12	0.1	-0.14	-0.38	0.03		-0.8	0.02	-0.19	0.12
Other Current Assets	0.48	0.69	0.53	0.6	-0.98	-0.51	0.61	0.97	0.46	0.82	0.59	0.17	0.29	0.84	0.48	0.22	-0.36	0.22	0.31	0.62	-0.16	-0.8		0.25	0.4	-0.37
Non Current Liabilities Total	0.86	-0.03	0.73	0.5	-0.23	-0.91	0.27	0.33	0.92	0.22	0.85	-0.21	1.0	0.21	0.92	-0.08	-0.46	0.95	0.56	0.77	-0.17	0.02	0.25		0.38	-0.38
Net Tangible Assets	0.64	0.46	0.69	0.58	-0.42	-0.54	0.65	0.46	0.54	0.45	0.55	0.53	0.4	0.49	0.49	0.29	-0.19	0.36	0.15	0.2	-0.09	-0.19	0.4	0.38		-0.01
Current Deferred Revenue	-0.45	-0.43	-0.44	-0.6	0.4	0.49	-0.54	-0.38	-0.56	-0.49	-0.6	0.69	-0.4	-0.44	-0.31	0.2	0.08	-0.37	-0.59	-0.38	0.47	0.12	-0.37	-0.38	-0.01

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Rio2 Account Relationship Matchups

Rio2 fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	73.5M	95.7M	115.1M	143.0M	164.4M	172.6M
Total Current Liabilities	2.4M	3.7M	1.7M	835.7K	961.1K	981.6K
Total Stockholder Equity	67.1M	88.4M	81.8M	96.5M	111.0M	116.6M
Property Plant And Equipment Net	60.5M	62.6M	93.1M	39.1M	45.0M	47.3M
Net Debt	(2.1M)	(20.9M)	(4.0M)	(5.4M)	(4.8M)	(4.6M)
Retained Earnings	(39.2M)	(48.8M)	(51.1M)	(83.7M)	(75.3M)	(71.5M)
Accounts Payable	3.0M	2.2M	2.8M	1.3M	1.5M	1.6M
Cash	2.6M	21.3M	4.7M	6.0M	6.9M	7.2M
Non Current Assets Total	69.6M	72.6M	109.6M	136.5M	157.0M	164.8M
Cash And Short Term Investments	3.4M	21.4M	4.7M	6.1M	7.0M	7.3M
Common Stock Shares Outstanding	185.3M	220.2M	256.8M	258.5M	297.3M	312.1M
Liabilities And Stockholders Equity	73.5M	95.7M	115.1M	143.0M	164.4M	172.6M
Other Stockholder Equity	(0.02)	1.0	9.9M	4.4M	0.9	0.86
Total Liab	6.4M	7.3M	33.2M	46.4M	53.4M	56.1M
Total Current Assets	3.8M	23.1M	5.5M	6.5M	7.4M	7.8M
Accumulated Other Comprehensive Income	7.5M	9.9M	4.4M	10.3M	11.9M	12.5M
Net Receivables	6.4K	248.7K	364.1K	16.7K	19.2K	18.2K
Short Term Investments	10.8M	830.1K	46K	60.7K	54.6K	51.9K
Non Currrent Assets Other	9.2M	9.9M	16.5M	97.4M	112.0M	117.6M
Other Current Liab	7.8K	713.4K	164.8K	636.2K	731.6K	768.2K
Inventory	189.8K	(388.4K)	(146K)	1.0	0.9	0.95
Other Current Assets	217.7K	1.9M	557.3K	375.8K	432.1K	405.8K
Non Current Liabilities Total	4.0M	3.7M	31.5M	45.6M	52.4M	55.0M
Net Tangible Assets	90.0M	65.7M	88.3M	81.8M	94.1M	63.5M
Common Stock	98.8M	127.2M	128.5M	169.9M	195.3M	205.1M
Property Plant Equipment	63.7M	59.3M	62.6M	93.1M	107.0M	56.2M
Net Invested Capital	90.2M	85.6M	88.4M	81.8M	94.1M	77.0M
Net Working Capital	15.8M	1.9M	19.4M	3.8M	4.4M	8.3M
Capital Stock	91.8M	98.8M	127.2M	128.5M	147.8M	112.6M

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