Thinkific Pb Ratio vs Price To Sales Ratio Analysis

THNC Stock

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Thinkific Labs financial indicator trend analysis is much more than just breaking down Thinkific Labs prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thinkific Labs is a good investment. Please check the relationship between Thinkific Labs Pb Ratio 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 Thinkific Labs. 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.

Pb Ratio vs Price To Sales Ratio

Pb Ratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thinkific Labs Pb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Thinkific Labs' Pb Ratio and Price To Sales Ratio is 0.98. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Thinkific Labs, assuming nothing else is changed. The correlation between historical values of Thinkific Labs' Pb Ratio 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 Pb Ratio of Thinkific Labs 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 Pb Ratio i.e., Thinkific Labs' Pb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Pb Ratio

Price To Sales Ratio

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

As of the 27th of February 2025, Selling General Administrative is likely to drop to about 9.8 M. In addition to that, Sales General And Administrative To Revenue is likely to drop to 0.21

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	1.2M	1.3M	1.5M	1.6M
Interest Income	3.2M	3.5M	4.0M	4.2M

Depreciation And Amortization Interest Income

Thinkific Labs fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Common Stock Shares Outstanding		0.33	0.37	0.8	0.61	0.29	0.31	0.4	0.61	-0.23	-0.64	-0.15	0.3	0.52	0.54	0.3	0.74	0.86	-0.33	0.6	0.37	0.63	0.59	0.51	0.63	0.29
Total Assets	0.33		0.39	0.72	0.92	1.0	1.0	0.72	0.92	-0.99	-0.88	0.82	1.0	0.85	0.92	1.0	0.78	0.53	-0.82	0.91	0.39	0.86	0.88	0.71	0.92	1.0
Short Long Term Debt Total	0.37	0.39		0.58	0.51	0.37	0.35	0.92	0.5	-0.39	-0.55	0.05	0.38	0.79	0.41	0.38	0.38	0.59	-0.08	0.53	1.0	0.31	0.32	0.19	0.54	0.36
Other Current Liab	0.8	0.72	0.58		0.88	0.69	0.69	0.72	0.88	-0.69	-0.94	0.31	0.7	0.83	0.87	0.7	0.96	0.83	-0.65	0.93	0.58	0.9	0.9	0.68	0.89	0.69
Total Current Liabilities	0.61	0.92	0.51	0.88		0.9	0.92	0.76	1.0	-0.88	-0.95	0.59	0.91	0.91	0.91	0.91	0.89	0.79	-0.82	0.95	0.51	0.88	0.91	0.65	1.0	0.9
Total Stockholder Equity	0.29	1.0	0.37	0.69	0.9		1.0	0.7	0.9	-0.99	-0.86	0.84	1.0	0.83	0.91	1.0	0.76	0.49	-0.81	0.9	0.37	0.84	0.87	0.71	0.9	1.0
Net Tangible Assets	0.31	1.0	0.35	0.69	0.92	1.0		0.69	0.91	-0.98	-0.86	0.82	1.0	0.83	0.91	1.0	0.76	0.52	-0.82	0.89	0.35	0.84	0.86	0.7	0.91	1.0
Property Plant And Equipment Net	0.4	0.72	0.92	0.72	0.76	0.7	0.69		0.75	-0.72	-0.78	0.37	0.71	0.96	0.71	0.71	0.59	0.67	-0.36	0.78	0.92	0.59	0.59	0.47	0.78	0.7
Current Deferred Revenue	0.61	0.92	0.5	0.88	1.0	0.9	0.91	0.75		-0.87	-0.94	0.6	0.9	0.9	0.9	0.9	0.89	0.78	-0.83	0.94	0.5	0.88	0.91	0.63	1.0	0.9
Net Debt	-0.23	-0.99	-0.39	-0.69	-0.88	-0.99	-0.98	-0.72	-0.87		0.86	-0.85	-0.99	-0.83	-0.91	-0.99	-0.75	-0.44	0.79	-0.9	-0.39	-0.84	-0.87	-0.7	-0.87	-0.99
Retained Earnings	-0.64	-0.88	-0.55	-0.94	-0.95	-0.86	-0.86	-0.78	-0.94	0.86		-0.49	-0.86	-0.91	-0.96	-0.86	-0.93	-0.79	0.7	-0.98	-0.55	-0.95	-0.92	-0.79	-0.96	-0.86
Accounts Payable	-0.15	0.82	0.05	0.31	0.59	0.84	0.82	0.37	0.6	-0.85	-0.49		0.83	0.46	0.62	0.83	0.46	-0.03	-0.79	0.6	0.05	0.55	0.65	0.39	0.56	0.83
Cash	0.3	1.0	0.38	0.7	0.91	1.0	1.0	0.71	0.9	-0.99	-0.86	0.83		0.84	0.92	1.0	0.76	0.5	-0.81	0.9	0.38	0.84	0.87	0.7	0.9	1.0
Non Current Assets Total	0.52	0.85	0.79	0.83	0.91	0.83	0.83	0.96	0.9	-0.83	-0.91	0.46	0.84		0.85	0.84	0.75	0.78	-0.55	0.9	0.79	0.76	0.75	0.62	0.92	0.83
Non Currrent Assets Other	0.54	0.92	0.41	0.87	0.91	0.91	0.91	0.71	0.9	-0.91	-0.96	0.62	0.92	0.85		0.92	0.91	0.65	-0.72	0.98	0.41	0.98	0.95	0.89	0.91	0.92
Cash And Short Term Investments	0.3	1.0	0.38	0.7	0.91	1.0	1.0	0.71	0.9	-0.99	-0.86	0.83	1.0	0.84	0.92		0.76	0.5	-0.81	0.9	0.38	0.84	0.87	0.7	0.9	1.0
Net Receivables	0.74	0.78	0.38	0.96	0.89	0.76	0.76	0.59	0.89	-0.75	-0.93	0.46	0.76	0.75	0.91	0.76		0.72	-0.77	0.94	0.38	0.96	0.97	0.75	0.89	0.75
Long Term Debt Total	0.86	0.53	0.59	0.83	0.79	0.49	0.52	0.67	0.78	-0.44	-0.79	-0.03	0.5	0.78	0.65	0.5	0.72		-0.38	0.7	0.59	0.66	0.61	0.53	0.81	0.5
Non Current Liabilities Total	-0.33	-0.82	-0.08	-0.65	-0.82	-0.81	-0.82	-0.36	-0.83	0.79	0.7	-0.79	-0.81	-0.55	-0.72	-0.81	-0.77	-0.38		-0.76	-0.08	-0.75	-0.87	-0.42	-0.79	-0.8
Capital Surpluse	0.6	0.91	0.53	0.93	0.95	0.9	0.89	0.78	0.94	-0.9	-0.98	0.6	0.9	0.9	0.98	0.9	0.94	0.7	-0.76		0.53	0.96	0.96	0.79	0.95	0.9
Capital Lease Obligations	0.37	0.39	1.0	0.58	0.51	0.37	0.35	0.92	0.5	-0.39	-0.55	0.05	0.38	0.79	0.41	0.38	0.38	0.59	-0.08	0.53		0.31	0.32	0.19	0.54	0.36
Inventory	0.63	0.86	0.31	0.9	0.88	0.84	0.84	0.59	0.88	-0.84	-0.95	0.55	0.84	0.76	0.98	0.84	0.96	0.66	-0.75	0.96	0.31		0.97	0.88	0.88	0.85
Other Current Assets	0.59	0.88	0.32	0.9	0.91	0.87	0.86	0.59	0.91	-0.87	-0.92	0.65	0.87	0.75	0.95	0.87	0.97	0.61	-0.87	0.96	0.32	0.97		0.76	0.9	0.87
Other Stockholder Equity	0.51	0.71	0.19	0.68	0.65	0.71	0.7	0.47	0.63	-0.7	-0.79	0.39	0.7	0.62	0.89	0.7	0.75	0.53	-0.42	0.79	0.19	0.88	0.76		0.67	0.72
Total Liab	0.63	0.92	0.54	0.89	1.0	0.9	0.91	0.78	1.0	-0.87	-0.96	0.56	0.9	0.92	0.91	0.9	0.89	0.81	-0.79	0.95	0.54	0.88	0.9	0.67		0.89
Net Invested Capital	0.29	1.0	0.36	0.69	0.9	1.0	1.0	0.7	0.9	-0.99	-0.86	0.83	1.0	0.83	0.92	1.0	0.75	0.5	-0.8	0.9	0.36	0.85	0.87	0.72	0.89

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Thinkific Labs Account Relationship Matchups

Thinkific Labs fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.9M	132.4M	103.0M	97.8M	112.5M	77.4M
Short Long Term Debt Total	1.4M	875.3K	2.0M	1.0M	1.2M	1.4M
Other Current Liab	5.4M	1.9M	12.1M	14.4M	16.5M	17.3M
Total Current Liabilities	6.8M	10.4M	13.6M	15.4M	17.7M	10.7M
Total Stockholder Equity	5.3M	121.6M	87.8M	81.9M	94.2M	65.6M
Property Plant And Equipment Net	1.6M	1.5M	3.5M	1.7M	1.9M	2.0M
Current Deferred Revenue	4.8M	6.6M	8.2M	9.5M	11.0M	6.8M
Net Debt	(7.7M)	(125.2M)	(91.9M)	(85.6M)	(77.0M)	(80.9M)
Retained Earnings	(2.4M)	(28.8M)	(65.2M)	(75.0M)	(67.5M)	(64.1M)
Accounts Payable	369.4K	1.3M	405.2K	457.2K	525.7K	609.4K
Cash	9.1M	126.1M	93.8M	86.6M	99.6M	70.2M
Non Current Assets Total	1.6M	2.0M	4.3M	2.7M	3.1M	2.5M
Non Currrent Assets Other	(1.6M)	407.7K	660.2K	880.2K	1.0M	1.1M
Cash And Short Term Investments	9.1M	126.1M	93.8M	86.6M	99.6M	70.2M
Net Receivables	782.7K	1.6M	2.3M	4.8M	5.5M	5.8M
Liabilities And Stockholders Equity	12.9M	132.4M	103.0M	97.8M	112.5M	77.4M
Non Current Liabilities Total	868.5K	359.9K	1.5M	476.6K	428.9K	764.3K
Capital Lease Obligations	1.4M	875.3K	2.0M	1.0M	1.2M	1.4M
Other Current Assets	572.7K	2.8M	1.8M	3.7M	4.3M	4.5M
Other Stockholder Equity	(12.1M)	4.9M	6.9M	8.7M	10.0M	10.5M
Total Liab	7.6M	10.8M	15.1M	15.9M	18.2M	11.8M
Net Invested Capital	(1.3M)	121.6M	87.8M	81.9M	94.2M	63.7M
Property Plant And Equipment Gross	2.5M	1.9M	4.3M	2.8M	3.2M	2.8M
Total Current Assets	11.4M	130.4M	98.7M	95.1M	109.4M	74.9M
Capital Stock	6.7M	145.6M	146.2M	147.7M	169.9M	98.7M
Net Working Capital	4.6M	119.9M	85.1M	79.8M	91.7M	64.1M
Short Term Debt	492.6K	515.3K	443.9K	555.0K	638.3K	495.6K
Common Stock	127.0K	145.6M	146.2M	147.7M	169.9M	96.7M

Pair Trading with Thinkific Labs

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thinkific Labs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thinkific Labs will appreciate offsetting losses from the drop in the long position's value.

Moving together with Thinkific Stock

0.62	JPM	JPMorgan Chase	Pair Corr
0.73	TD	Toronto Dominion Bank	Pair Corr

Moving against Thinkific Stock

0.51

Royal Bank

Pair Corr

The ability to find closely correlated positions to Thinkific Labs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thinkific Labs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thinkific Labs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thinkific Labs to buy it.

The correlation of Thinkific Labs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thinkific Labs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thinkific Labs moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Thinkific Labs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Thinkific Stock

Balance Sheet is a snapshot of the financial position of Thinkific Labs at a specified time, usually calculated after every quarter, six months, or one year. Thinkific Labs Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thinkific Labs and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Thinkific currently owns. An asset can also be divided into two categories, current and non-current.

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Thinkific Pb Ratio vs Price To Sales Ratio Analysis

Pb Ratio vs Price To Sales Ratio

Pb Ratio vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Pb Ratio

Price To Sales Ratio

Thinkific Labs fundamental ratios Correlations

Thinkific Labs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thinkific Labs fundamental ratios Accounts

Pair Trading with Thinkific Labs

Moving together with Thinkific Stock

Moving against Thinkific Stock

Other Information on Investing in Thinkific Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Capital Lease Obligations	+ 1.0	Short Long Term Debt Total

Net Invested Capital	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Debt	- 0.99	Total Stockholder Equity
Net Debt	- 0.99	Total Assets
Capital Surpluse	- 0.98	Retained Earnings