Safety Average Payables vs Price To Sales Ratio Analysis

SHOT Stock   0.71  0.04  5.33%   
Safety Shot financial indicator trend analysis is much more than just breaking down Safety Shot prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Safety Shot is a good investment. Please check the relationship between Safety Shot Average Payables and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safety Shot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.

Average Payables vs Price To Sales Ratio

Average Payables vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safety Shot Average Payables account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Safety Shot's Average Payables and Price To Sales Ratio is -0.97. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Safety Shot, assuming nothing else is changed. The correlation between historical values of Safety Shot's Average Payables 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 Payables of Safety Shot 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 Payables i.e., Safety Shot's Average Payables and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Safety Shot stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Safety Shot sales, a figure that is much harder to manipulate than other Safety Shot 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 Safety Shot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Safety Shot 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Safety Shot. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Safety Stock please use our How to Invest in Safety Shot guide.At this time, Safety Shot's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 113.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.5 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization187.9K93.5K215.2K145.1K
Interest Income7.3K1.7K57.4K60.3K

Safety Shot fundamental ratios Correlations

0.740.98-0.79-0.810.80.930.970.690.850.790.990.760.680.880.890.790.90.920.560.690.970.510.940.850.5
0.740.58-0.21-0.880.990.490.60.150.851.00.680.760.990.830.860.90.710.810.630.830.610.860.880.340.94
0.980.58-0.9-0.70.650.980.980.790.760.640.980.680.50.790.80.680.860.850.480.570.980.350.860.930.31
-0.79-0.21-0.90.33-0.28-0.95-0.9-0.96-0.42-0.28-0.85-0.34-0.12-0.56-0.47-0.28-0.67-0.56-0.13-0.3-0.890.05-0.55-0.970.09
-0.81-0.88-0.70.33-0.91-0.58-0.67-0.16-0.99-0.89-0.74-0.97-0.87-0.82-0.98-0.96-0.79-0.9-0.87-0.75-0.7-0.87-0.93-0.43-0.78
0.80.990.65-0.28-0.910.540.640.20.890.990.720.80.980.840.890.940.750.870.680.810.660.850.920.40.91
0.930.490.98-0.95-0.580.540.980.890.660.550.960.560.410.750.70.520.810.740.350.520.980.240.760.960.21
0.970.60.98-0.9-0.670.640.980.840.740.660.990.620.520.850.780.620.90.840.390.661.00.320.840.950.32
0.690.150.79-0.96-0.160.20.890.840.250.220.780.120.060.510.320.130.60.45-0.120.310.81-0.20.440.95-0.14
0.850.850.76-0.42-0.990.890.660.740.250.870.790.970.840.840.990.930.820.90.860.740.760.830.930.510.72
0.791.00.64-0.28-0.890.990.550.660.220.870.730.770.980.870.890.910.770.860.620.860.670.840.910.420.91
0.990.680.98-0.85-0.740.720.960.990.780.790.730.680.60.880.840.70.920.880.460.70.990.410.890.910.41
0.760.760.68-0.34-0.970.80.560.620.120.970.770.680.750.690.940.910.680.80.960.560.660.850.850.380.67
0.680.990.5-0.12-0.870.980.410.520.060.840.980.60.750.80.840.880.670.770.650.830.540.90.840.250.97
0.880.830.79-0.56-0.820.840.750.850.510.840.870.880.690.80.890.760.970.920.460.950.850.570.910.710.62
0.890.860.8-0.47-0.980.890.70.780.320.990.890.840.940.840.890.920.880.940.80.790.810.790.960.570.71
0.790.90.68-0.28-0.960.940.520.620.130.930.910.70.910.880.760.920.730.90.820.680.630.840.940.380.81
0.90.710.86-0.67-0.790.750.810.90.60.820.770.920.680.670.970.880.730.940.440.870.890.440.910.810.46
0.920.810.85-0.56-0.90.870.740.840.450.90.860.880.80.770.920.940.90.940.620.80.830.60.990.690.6
0.560.630.48-0.13-0.870.680.350.39-0.120.860.620.460.960.650.460.80.820.440.620.350.440.860.670.140.62
0.690.830.57-0.3-0.750.810.520.660.310.740.860.70.560.830.950.790.680.870.80.350.660.590.80.50.7
0.970.610.98-0.89-0.70.660.981.00.810.760.670.990.660.540.850.810.630.890.830.440.660.370.840.930.34
0.510.860.350.05-0.870.850.240.32-0.20.830.840.410.850.90.570.790.840.440.60.860.590.370.690.020.92
0.940.880.86-0.55-0.930.920.760.840.440.930.910.890.850.840.910.960.940.910.990.670.80.840.690.660.69
0.850.340.93-0.97-0.430.40.960.950.950.510.420.910.380.250.710.570.380.810.690.140.50.930.020.660.03
0.50.940.310.09-0.780.910.210.32-0.140.720.910.410.670.970.620.710.810.460.60.620.70.340.920.690.03
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Safety Shot Account Relationship Matchups

Safety Shot fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets745.8K6.5M18.9M8.7M12.7M8.8M
Total Current Liabilities336.4K2.1M1.6M4.5M3.6M2.2M
Total Stockholder Equity379.2K4.4M16.6M3.7M8.8M6.2M
Net Debt(180.3K)(2.9M)(10.9M)800.3K(1.8M)(1.9M)
Retained Earnings(985.2K)(7.3M)(35.4M)(50.6M)(65.7M)(62.4M)
Accounts Payable10.7K688.8K710.0K1.5M1.5M817.4K
Cash531.0K4.3M11.8M1.9M3.8M4.1M
Cash And Short Term Investments531.0K4.3M14.7M4.8M5.3M5.5M
Net Receivables2.3K255.1K695.3K26.4K5.6K5.3K
Liabilities And Stockholders Equity745.8K6.5M18.9M8.7M12.7M8.8M
Other Stockholder Equity2.3M11.7M51.7M53.8M73.7M77.4M
Total Liab366.6K2.1M2.3M5.0M3.9M2.5M
Total Current Assets745.8K5.0M16.3M6.8M7.7M6.7M
Accumulated Other Comprehensive Income(985.2K)0.0285K477K725.2K761.5K
Common Stock6.9K10.7K24.0K22.3K45.6K47.9K

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Additional Tools for Safety Stock Analysis

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