TMC Price To Sales Ratio vs Pocfratio Analysis

TMCWW Stock  USD 0.08  0.01  14.00%   
TMC The financial indicator trend analysis is much more than just breaking down TMC the metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TMC the metals is a good investment. Please check the relationship between TMC The Price To Sales Ratio and its Pocfratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TMC the 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 housing.

Price To Sales Ratio vs Pocfratio

Price To Sales Ratio vs Pocfratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TMC the metals Price To Sales Ratio account and Pocfratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between TMC The's Price To Sales Ratio and Pocfratio is -0.52. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pocfratio in the same time period over historical financial statements of TMC the metals, assuming nothing else is changed. The correlation between historical values of TMC The's Price To Sales Ratio and Pocfratio 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 TMC the metals are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Price To Sales Ratio i.e., TMC The's Price To Sales Ratio and Pocfratio go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing TMC the metals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on TMC The sales, a figure that is much harder to manipulate than other TMC the 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.

Pocfratio

Most indicators from TMC The's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TMC the 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 TMC the 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 housing.
At this time, TMC The's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 43.3 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (4.65) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation453K418K381K363K
Cost Of Revenue149.6M174.1M72.4M109.1M

TMC The fundamental ratios Correlations

0.910.90.880.960.970.92-0.67-0.85-0.930.660.90.00.660.540.830.820.950.890.90.870.90.92-0.950.360.33
0.911.00.660.910.820.91-0.48-0.95-0.90.480.910.210.480.670.940.870.891.00.980.70.960.91-0.920.080.49
0.91.00.650.90.810.9-0.48-0.95-0.890.480.90.230.480.670.940.860.891.00.980.70.960.9-0.920.070.49
0.880.660.650.750.90.7-0.87-0.51-0.720.870.67-0.190.870.10.510.540.850.640.630.960.630.71-0.760.74-0.11
0.960.910.90.750.950.95-0.49-0.92-0.950.490.960.060.490.720.930.940.890.880.950.730.960.95-0.940.170.56
0.970.820.810.90.950.87-0.69-0.78-0.880.690.860.00.690.520.770.80.930.780.830.870.850.87-0.930.440.33
0.920.910.90.70.950.87-0.36-0.92-1.00.351.0-0.150.350.70.930.940.790.90.940.630.961.0-0.830.050.53
-0.67-0.48-0.48-0.87-0.49-0.69-0.360.250.37-1.0-0.32-0.13-1.00.17-0.23-0.22-0.78-0.46-0.4-0.95-0.37-0.370.65-0.90.36
-0.85-0.95-0.95-0.51-0.92-0.78-0.920.250.91-0.24-0.93-0.2-0.24-0.86-0.98-0.93-0.8-0.94-0.97-0.52-0.97-0.910.880.16-0.72
-0.93-0.9-0.89-0.72-0.95-0.88-1.00.370.91-0.37-0.990.17-0.37-0.68-0.91-0.91-0.8-0.89-0.93-0.65-0.94-0.990.83-0.07-0.5
0.660.480.480.870.490.690.35-1.0-0.24-0.370.320.131.0-0.170.230.210.770.450.390.950.360.37-0.650.9-0.37
0.90.910.90.670.960.861.0-0.32-0.93-0.990.32-0.120.320.730.950.960.780.90.950.60.971.0-0.820.010.59
0.00.210.23-0.190.060.0-0.15-0.13-0.20.170.13-0.120.130.280.150.030.260.180.160.070.12-0.17-0.32-0.10.29
0.660.480.480.870.490.690.35-1.0-0.24-0.371.00.320.13-0.170.230.210.770.450.390.950.360.37-0.650.9-0.37
0.540.670.670.10.720.520.70.17-0.86-0.68-0.170.730.28-0.170.840.820.470.650.750.10.770.67-0.63-0.510.96
0.830.940.940.510.930.770.93-0.23-0.98-0.910.230.950.150.230.840.970.760.930.980.510.990.93-0.85-0.150.73
0.820.870.860.540.940.80.94-0.22-0.93-0.910.210.960.030.210.820.970.720.840.940.490.970.94-0.8-0.110.74
0.950.890.890.850.890.930.79-0.78-0.8-0.80.770.780.260.770.470.760.720.870.860.920.840.79-0.980.450.26
0.891.01.00.640.880.780.9-0.46-0.94-0.890.450.90.180.450.650.930.840.870.970.680.940.9-0.890.060.46
0.90.980.980.630.950.830.94-0.4-0.97-0.930.390.950.160.390.750.980.940.860.970.650.990.94-0.910.010.6
0.870.70.70.960.730.870.63-0.95-0.52-0.650.950.60.070.950.10.510.490.920.680.650.620.64-0.820.76-0.12
0.90.960.960.630.960.850.96-0.37-0.97-0.940.360.970.120.360.770.990.970.840.940.990.620.96-0.90.00.64
0.920.910.90.710.950.871.0-0.37-0.91-0.990.371.0-0.170.370.670.930.940.790.90.940.640.96-0.820.070.52
-0.95-0.92-0.92-0.76-0.94-0.93-0.830.650.880.83-0.65-0.82-0.32-0.65-0.63-0.85-0.8-0.98-0.89-0.91-0.82-0.9-0.82-0.29-0.44
0.360.080.070.740.170.440.05-0.90.16-0.070.90.01-0.10.9-0.51-0.15-0.110.450.060.010.760.00.07-0.29-0.64
0.330.490.49-0.110.560.330.530.36-0.72-0.5-0.370.590.29-0.370.960.730.740.260.460.6-0.120.640.52-0.44-0.64
Click cells to compare fundamentals

TMC The Account Relationship Matchups

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