Roadman Price To Sales Ratio vs Capex To Depreciation Analysis
| RMANF Stock | USD 0.88 0.0009 0.10% |
Roadman Investments financial indicator trend analysis is much more than just breaking down Roadman Investments Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roadman Investments Corp is a good investment. Please check the relationship between Roadman Investments 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 Roadman Investments Corp. 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 Roadman Investments Corp Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Roadman Investments' Price To Sales Ratio and Capex To Depreciation is 0.92. 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 Roadman Investments Corp, assuming nothing else is changed. The correlation between historical values of Roadman Investments' 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 Roadman Investments Corp 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., Roadman Investments' Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Roadman Investments Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Roadman Investments sales, a figure that is much harder to manipulate than other Roadman Investments Corp 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 Roadman Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roadman Investments Corp 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 Roadman Investments Corp. 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. The Roadman Investments' current Selling General Administrative is estimated to increase to about 1.2 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
Roadman Investments fundamental ratios Correlations
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Roadman Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Roadman Investments fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 341.7K | 2.9M | 818.6K | 7.5M | 5.9M | 6.2M | |
| Other Current Liab | 84.2K | 98.9K | 75.4K | 157.2K | 180.7K | 189.8K | |
| Total Current Liabilities | 482.4K | 423.1K | 829.4K | 639.7K | 790.1K | 628.0K | |
| Total Stockholder Equity | (114.3K) | 2.5M | 15.7K | 6.9M | 5.1M | 5.4M | |
| Net Tangible Assets | (114.3K) | 2.5M | 15.7K | 6.9M | 7.9M | 8.3M | |
| Retained Earnings | (13.2M) | (15.8M) | (18.5M) | (18.1M) | (19.9M) | (18.9M) | |
| Accounts Payable | 56.4K | 242.4K | 425.3K | 282.3K | 324.6K | 188.2K | |
| Cash | 81.8K | 1.0M | 111.7K | 166.7K | 178.4K | 267.8K | |
| Non Current Assets Total | 95.5K | 168.4K | 310.0K | 295.7K | 326.9K | 221.1K | |
| Net Receivables | 27.1K | 11.2K | 1.9K | 30.7K | 62.9K | 66.0K | |
| Common Stock Shares Outstanding | 127.2M | 199.3M | 21.2M | 2.3M | 2.3M | 2.1M | |
| Short Term Investments | 121.0K | 1.3M | 374.1K | 7.0M | 5.3M | 5.6M | |
| Other Stockholder Equity | 2.1M | 2.3M | 2.4M | 2.5M | 2.8M | 1.9M | |
| Total Liab | 482.4K | 423.1K | 829.4K | 639.7K | 790.1K | 628.0K | |
| Long Term Investments | 94.8K | 168.4K | 310.0K | 295.7K | 326.9K | 263.4K | |
| Short Long Term Debt | 347.8K | 88.5K | 13.5K | 183.5K | 165.2K | 181.8K | |
| Total Current Assets | 246.3K | 2.8M | 508.6K | 7.2M | 5.9M | 6.2M | |
| Common Stock | 11.0M | 16.0M | 16.2M | 22.6M | 26.0M | 27.3M | |
| Net Invested Capital | (100.8K) | 2.5M | 199.2K | 7.1M | 5.3M | 5.6M | |
| Net Working Capital | (236.1K) | 2.3M | (320.7K) | 6.6M | 5.1M | 5.3M | |
| Capital Stock | 11.0M | 16.0M | 16.2M | 22.6M | 22.6M | 17.9M |
Currently Active Assets on Macroaxis
When determining whether Roadman Investments Corp is a strong investment it is important to analyze Roadman Investments' 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 Roadman Investments' future performance. For an informed investment choice regarding Roadman Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roadman Investments Corp. 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. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Asset Management & Custody Banks 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 Roadman Investments. If investors know Roadman 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 Roadman Investments 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 (0.68) | Earnings Share (0.58) | Quarterly Revenue Growth (0.89) | Return On Assets (0.13) | Return On Equity (0.29) |
The market value of Roadman Investments Corp is measured differently than its book value, which is the value of Roadman that is recorded on the company's balance sheet. Investors also form their own opinion of Roadman Investments' value that differs from its market value or its book value, called intrinsic value, which is Roadman Investments' 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 Roadman Investments' market value can be influenced by many factors that don't directly affect Roadman Investments' 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 Roadman Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roadman Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roadman Investments' 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.