SoFi Price To Sales Ratio vs Net Income Per Share Analysis
| SOFI Stock | USD 16.41 0.29 1.80% |
SoFi Technologies financial indicator trend analysis is much more than just breaking down SoFi Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SoFi Technologies is a good investment. Please check the relationship between SoFi Technologies Price To Sales Ratio and its Net Income Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.
Price To Sales Ratio vs Net Income Per Share
Price To Sales Ratio vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SoFi Technologies Price To Sales Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SoFi Technologies' Price To Sales Ratio and Net Income Per Share is -0.48. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of SoFi Technologies, assuming nothing else is changed. The correlation between historical values of SoFi Technologies' Price To Sales Ratio and Net Income 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 SoFi Technologies are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Price To Sales Ratio i.e., SoFi Technologies' Price To Sales Ratio and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | -0.48 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing SoFi Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on SoFi Technologies sales, a figure that is much harder to manipulate than other SoFi Technologies 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.Net Income Per Share
Most indicators from SoFi Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SoFi Technologies 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 SoFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.The SoFi Technologies' current Sales General And Administrative To Revenue is estimated to increase to 0.28, while Tax Provision is projected to decrease to (436.8 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 355.0M | 773.4M | 2.1B | 2.2B | Net Interest Income | 252.2M | 584.1M | 1.3B | 1.3B |
SoFi Technologies fundamental ratios Correlations
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SoFi Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SoFi Technologies fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Current Liabilities | 161M | 486M | 497.8M | 117.8M | 362.2M | 311.7M | |
| Other Liab | 6.0M | 10.6M | 10.0M | 202.7M | 233.1M | 244.8M | |
| Net Tangible Assets | (384.4M) | (1.4B) | 3.5B | 3.5B | 4.0B | 4.2B | |
| Retained Earnings | (474.6M) | (699.2M) | (1.2B) | (1.5B) | (1.8B) | (1.7B) | |
| Accounts Payable | 103.6M | 452.9M | 298.2M | 144.6M | 159.9M | 225.0M | |
| Other Assets | 5.6B | 5.4B | 6.3B | 14.9B | 23.3B | 24.5B | |
| Net Receivables | 21.3M | 50.3M | 85.5M | 127.1M | 60.5M | 57.4M | |
| Other Current Assets | 190.7M | (804.2M) | (812.7M) | (2.0B) | 52.0M | 54.6M | |
| Other Stockholder Equity | 135.5M | 579.2M | 5.6B | 6.7B | 7.0B | 3.7B | |
| Total Current Assets | 520.8M | 922.9M | 689.6M | 1.8B | 3.8B | 2.1B | |
| Property Plant Equipment | 143.2M | 174.6M | 227.1M | 149.7M | 172.1M | 155.7M |
Currently Active Assets on Macroaxis
When determining whether SoFi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SoFi Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sofi Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sofi Technologies Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoFi Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in SoFi Stock please use our How to Invest in SoFi Technologies guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Consumer Finance 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 SoFi Technologies. If investors know SoFi 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 SoFi Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.12 | Revenue Per Share 2.472 | Quarterly Revenue Growth 0.341 | Return On Assets 0.0069 | Return On Equity 0.0372 |
The market value of SoFi Technologies is measured differently than its book value, which is the value of SoFi that is recorded on the company's balance sheet. Investors also form their own opinion of SoFi Technologies' value that differs from its market value or its book value, called intrinsic value, which is SoFi Technologies' 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 SoFi Technologies' market value can be influenced by many factors that don't directly affect SoFi Technologies' 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 SoFi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SoFi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoFi Technologies' 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.