Trigon Days Sales Outstanding vs Price To Sales Ratio Analysis

TM Stock

CAD 0.40 0.02 4.76%

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

Days Sales Outstanding vs Price To Sales Ratio

Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trigon Metals Days Sales Outstanding account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Trigon Metals' Days Sales Outstanding and Price To Sales Ratio is -0.65. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Trigon Metals, assuming nothing else is changed. The correlation between historical values of Trigon Metals' Days Sales Outstanding 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 Days Sales Outstanding of Trigon Metals 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 Days Sales Outstanding i.e., Trigon Metals' Days Sales Outstanding and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Days Sales Outstanding

Price To Sales Ratio

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

At this time, Trigon Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 839.08 in 2025, whereas Discontinued Operations is likely to drop (3.4 M) in 2025.

	2022	2023	2024	2025 (projected)
Total Operating Expenses	4.9M	3.1M	3.6M	3.0M
Cost Of Revenue	2.0M	20.9M	18.8M	19.7M

Total Operating Expenses Cost Of Revenue

Trigon Metals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Cash	Cash And Short Term Investments	Intangible Assets	Inventory	Other Current Assets	Short Term Investments
Total Assets		0.9	0.96	0.94	-0.21	0.97	0.94	0.14	-0.92	0.89	0.98	0.76	0.55	0.89	0.94	0.97	-0.14	0.99	0.61	0.1	0.32	0.32	-0.73	0.68	0.09	0.01
Short Long Term Debt Total	0.9		0.97	0.99	0.01	0.97	0.96	0.54	-0.82	0.96	0.96	0.67	0.49	0.92	0.83	0.79	-0.21	0.87	0.22	0.4	-0.11	-0.11	-0.78	0.7	0.12	0.04
Other Current Liab	0.96	0.97		0.99	-0.15	0.99	0.99	0.38	-0.85	0.92	0.99	0.69	0.51	0.89	0.86	0.89	-0.2	0.95	0.38	0.2	0.07	0.07	-0.79	0.77	0.11	-0.04
Total Current Liabilities	0.94	0.99	0.99		-0.06	0.99	0.99	0.46	-0.83	0.97	0.99	0.69	0.51	0.94	0.87	0.85	-0.24	0.92	0.31	0.28	-0.01	-0.01	-0.78	0.76	0.14	-0.03
Total Stockholder Equity	-0.21	0.01	-0.15	-0.06		-0.11	-0.18	0.44	0.12	0.15	-0.12	0.0	-0.01	0.19	-0.13	-0.42	0.46	-0.33	-0.46	0.64	-0.5	-0.5	0.14	-0.29	0.35	0.15
Property Plant And Equipment Net	0.97	0.97	0.99	0.99	-0.11		0.98	0.35	-0.87	0.94	1.0	0.7	0.51	0.93	0.89	0.9	-0.19	0.96	0.42	0.23	0.1	0.1	-0.78	0.74	0.14	-0.01
Current Deferred Revenue	0.94	0.96	0.99	0.99	-0.18	0.98		0.42	-0.81	0.92	0.98	0.63	0.46	0.88	0.82	0.88	-0.29	0.94	0.32	0.21	0.01	0.01	-0.79	0.78	0.08	-0.04
Net Debt	0.14	0.54	0.38	0.46	0.44	0.35	0.42		-0.06	0.51	0.34	0.03	0.04	0.42	0.07	-0.06	-0.25	0.09	-0.69	0.63	-0.89	-0.89	-0.33	0.41	0.17	-0.09
Retained Earnings	-0.92	-0.82	-0.85	-0.83	0.12	-0.87	-0.81	-0.06		-0.79	-0.87	-0.83	-0.64	-0.83	-0.93	-0.89	-0.01	-0.9	-0.63	-0.23	-0.38	-0.38	0.53	-0.42	0.1	-0.31
Accounts Payable	0.89	0.96	0.92	0.97	0.15	0.94	0.92	0.51	-0.79		0.94	0.7	0.51	0.98	0.86	0.76	-0.19	0.84	0.24	0.4	-0.08	-0.08	-0.72	0.69	0.26	-0.03
Non Current Assets Total	0.98	0.96	0.99	0.99	-0.12	1.0	0.98	0.34	-0.87	0.94		0.71	0.51	0.93	0.89	0.91	-0.19	0.96	0.43	0.22	0.12	0.12	-0.77	0.74	0.14	-0.01
Non Currrent Assets Other	0.76	0.67	0.69	0.69	0.0	0.7	0.63	0.03	-0.83	0.7	0.71		0.73	0.7	0.92	0.72	-0.1	0.74	0.57	0.02	0.36	0.36	-0.52	0.31	0.02	0.21
Other Assets	0.55	0.49	0.51	0.51	-0.01	0.51	0.46	0.04	-0.64	0.51	0.51	0.73		0.49	0.69	0.52	-0.17	0.54	0.4	0.06	0.26	0.26	-0.38	0.16	-0.18	0.23
Net Receivables	0.89	0.92	0.89	0.94	0.19	0.93	0.88	0.42	-0.83	0.98	0.93	0.7	0.49		0.86	0.77	-0.09	0.84	0.33	0.42	0.01	0.01	-0.62	0.63	0.31	0.03
Common Stock Shares Outstanding	0.94	0.83	0.86	0.87	-0.13	0.89	0.82	0.07	-0.93	0.86	0.89	0.92	0.69	0.86		0.9	-0.15	0.92	0.64	0.09	0.38	0.38	-0.65	0.53	0.07	0.09
Non Current Liabilities Total	0.97	0.79	0.89	0.85	-0.42	0.9	0.88	-0.06	-0.89	0.76	0.91	0.72	0.52	0.77	0.9		-0.19	0.99	0.74	-0.08	0.49	0.49	-0.68	0.65	0.01	0.0
Other Stockholder Equity	-0.14	-0.21	-0.2	-0.24	0.46	-0.19	-0.29	-0.25	-0.01	-0.19	-0.19	-0.1	-0.17	-0.09	-0.15	-0.19		-0.21	0.1	0.14	0.17	0.17	0.23	-0.33	-0.01	0.14
Total Liab	0.99	0.87	0.95	0.92	-0.33	0.96	0.94	0.09	-0.9	0.84	0.96	0.74	0.54	0.84	0.92	0.99	-0.21		0.63	0.02	0.36	0.36	-0.73	0.7	0.04	-0.01
Total Current Assets	0.61	0.22	0.38	0.31	-0.46	0.42	0.32	-0.69	-0.63	0.24	0.43	0.57	0.4	0.33	0.64	0.74	0.1	0.63		-0.39	0.94	0.94	-0.23	0.14	-0.02	0.11
Short Term Debt	0.1	0.4	0.2	0.28	0.64	0.23	0.21	0.63	-0.23	0.4	0.22	0.02	0.06	0.42	0.09	-0.08	0.14	0.02	-0.39		-0.54	-0.54	-0.07	-0.13	0.12	0.49
Cash	0.32	-0.11	0.07	-0.01	-0.5	0.1	0.01	-0.89	-0.38	-0.08	0.12	0.36	0.26	0.01	0.38	0.49	0.17	0.36	0.94	-0.54		1.0	0.02	-0.09	-0.11	0.11
Cash And Short Term Investments	0.32	-0.11	0.07	-0.01	-0.5	0.1	0.01	-0.89	-0.38	-0.08	0.12	0.36	0.26	0.01	0.38	0.49	0.17	0.36	0.94	-0.54	1.0		0.02	-0.09	-0.11	0.11
Intangible Assets	-0.73	-0.78	-0.79	-0.78	0.14	-0.78	-0.79	-0.33	0.53	-0.72	-0.77	-0.52	-0.38	-0.62	-0.65	-0.68	0.23	-0.73	-0.23	-0.07	0.02	0.02		-0.57	0.0	0.21
Inventory	0.68	0.7	0.77	0.76	-0.29	0.74	0.78	0.41	-0.42	0.69	0.74	0.31	0.16	0.63	0.53	0.65	-0.33	0.7	0.14	-0.13	-0.09	-0.09	-0.57		0.3	-0.57
Other Current Assets	0.09	0.12	0.11	0.14	0.35	0.14	0.08	0.17	0.1	0.26	0.14	0.02	-0.18	0.31	0.07	0.01	-0.01	0.04	-0.02	0.12	-0.11	-0.11	0.0	0.3		-0.34
Short Term Investments	0.01	0.04	-0.04	-0.03	0.15	-0.01	-0.04	-0.09	-0.31	-0.03	-0.01	0.21	0.23	0.03	0.09	0.0	0.14	-0.01	0.11	0.49	0.11	0.11	0.21	-0.57	-0.34

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Trigon Metals Account Relationship Matchups

Trigon Metals fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.0M	18.2M	35.7M	51.5M	59.2M	62.2M
Short Long Term Debt Total	1.9M	3.3M	194.2K	6.9M	8.0M	8.4M
Other Current Liab	666.2K	797.9K	910.2K	3.6M	4.1M	4.4M
Total Current Liabilities	1.0M	6.7M	1.8M	17.6M	20.2M	21.2M
Total Stockholder Equity	1.6M	9.8M	(4.3M)	84K	96.6K	91.8K
Property Plant And Equipment Net	308.8K	15.6M	13.2M	45.8M	52.7M	55.3M
Net Debt	(796.5K)	3.0M	(20.5M)	5.0M	4.5M	4.7M
Retained Earnings	(44.6M)	(49.5M)	(65.7M)	(86.0M)	(77.4M)	(73.5M)
Accounts Payable	347.9K	4.3M	153.4K	5.1M	5.9M	6.2M
Non Current Assets Total	308.8K	15.6M	14.4M	45.8M	52.7M	55.3M
Net Receivables	45.0K	1.8M	434.2K	2.3M	2.0M	2.1M
Common Stock Shares Outstanding	20.6M	28.7M	34.4M	38.9M	44.8M	47.0M
Liabilities And Stockholders Equity	3.0M	18.2M	35.7M	51.5M	59.2M	62.2M
Non Current Liabilities Total	807.7K	2.5M	40.8M	39.4M	45.4M	47.6M
Other Stockholder Equity	7.4M	7.6M	6.4M	1.8M	1.7M	1.6M
Total Liab	1.8M	9.3M	42.6M	57.0M	65.6M	68.9M
Total Current Assets	2.7M	2.6M	21.2M	5.7M	6.6M	6.9M
Short Term Debt	837.8K	1.6M	63.5K	1.2M	1.1M	903.3K
Cash	2.6M	319.9K	20.7M	1.9M	2.2M	1.9M
Cash And Short Term Investments	2.6M	319.9K	20.7M	1.9M	2.2M	1.9M
Accumulated Other Comprehensive Income	2.5M	3.9M	10.5M	16.9M	19.4M	20.4M
Inventory	(5.3K)	(105.3K)	0.0	1.3M	1.2M	1.2M
Other Current Assets	26.0K	528.1K	61.6K	206.0K	185.4K	132.7K
Common Stock	36.3M	47.7M	44.6M	67.3M	77.4M	81.2M
Net Tangible Assets	(422.0K)	2.1M	2.1M	12.4M	14.2M	14.9M
Property Plant Equipment	342.1K	324.7K	388.4K	19.4M	22.4M	23.5M
Net Invested Capital	2.1M	15.4M	(4.3M)	62.1K	71.4K	67.8K
Net Working Capital	2.1M	(5.6M)	19.5M	(8.8M)	(10.1M)	(9.6M)
Capital Stock	45.6M	59.6M	44.6M	49.7M	57.2M	50.7M
Property Plant And Equipment Gross	509.7K	19.8M	14.0M	35.4M	40.7M	42.7M

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