Sacks Ptb Ratio vs Capex To Revenue Analysis
| SPGC Stock | 1.68 0.05 3.07% |
Sacks Parente financial indicator trend analysis is much more than just breaking down Sacks Parente Golf, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sacks Parente Golf, is a good investment. Please check the relationship between Sacks Parente Ptb Ratio and its Capex To Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sacks Parente Golf,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Ptb Ratio vs Capex To Revenue
Ptb Ratio vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sacks Parente Golf, Ptb Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sacks Parente's Ptb Ratio and Capex To Revenue is 0.79. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Sacks Parente Golf,, assuming nothing else is changed. The correlation between historical values of Sacks Parente's Ptb Ratio and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Sacks Parente Golf, are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Ptb Ratio i.e., Sacks Parente's Ptb Ratio and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.79 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Most indicators from Sacks Parente's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sacks Parente Golf, 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 Sacks Parente Golf,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. The current year's Issuance Of Capital Stock is expected to grow to about 11.8 M, whereas Selling General Administrative is forecasted to decline to about 1.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8K | 64K | 8M | 8.4M | Depreciation And Amortization | 294K | 11K | 58K | 55.1K |
Sacks Parente fundamental ratios Correlations
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Sacks Parente Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sacks Parente Golf, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sacks Parente's 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 Sacks Parente Golf, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sacks Parente Golf, Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sacks Parente Golf,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Leisure Products 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 Sacks Parente. If investors know Sacks 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 Sacks Parente listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.70) | Revenue Per Share 0.973 | Quarterly Revenue Growth 16.298 | Return On Assets (1.41) | Return On Equity (17.71) |
The market value of Sacks Parente Golf, is measured differently than its book value, which is the value of Sacks that is recorded on the company's balance sheet. Investors also form their own opinion of Sacks Parente's value that differs from its market value or its book value, called intrinsic value, which is Sacks Parente'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 Sacks Parente's market value can be influenced by many factors that don't directly affect Sacks Parente'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 Sacks Parente's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sacks Parente is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sacks Parente'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.