Torq Ptb Ratio vs Price To Sales Ratio Analysis

TORQ Stock  CAD 0.06  0.01  14.29%   
Torq Resources financial indicator trend analysis is much more than just breaking down Torq Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Torq Resources is a good investment. Please check the relationship between Torq Resources Ptb 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 Torq Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Ptb Ratio vs Price To Sales Ratio

Ptb 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 Torq Resources Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Torq Resources' Ptb Ratio and Price To Sales Ratio is -0.11. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Torq Resources, assuming nothing else is changed. The correlation between historical values of Torq Resources' Ptb 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 Ptb Ratio of Torq Resources 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 Ptb Ratio i.e., Torq Resources' Ptb Ratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Torq Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Torq Resources sales, a figure that is much harder to manipulate than other Torq Resources 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 Torq Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Torq Resources 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 Torq Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
At this time, Torq Resources' Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, despite the fact that Enterprise Value Over EBITDA is likely to grow to (1.31).

Torq Resources fundamental ratios Correlations

0.050.98-0.77-0.120.790.470.790.060.10.810.48-0.030.310.50.490.14-0.370.140.420.140.120.20.650.17-0.37
0.05-0.130.36-0.58-0.250.41-0.250.770.9-0.220.420.80.350.10.360.780.340.570.18-0.46-0.50.10.020.57-0.04
0.98-0.13-0.820.040.810.420.81-0.14-0.10.830.38-0.210.180.420.450.0-0.370.00.430.290.190.130.58-0.01-0.31
-0.770.36-0.820.02-0.990.17-0.990.180.23-0.99-0.420.18-0.29-0.530.140.330.510.130.07-0.39-0.23-0.34-0.710.00.5
-0.12-0.580.040.02-0.140.08-0.14-0.79-0.76-0.16-0.83-0.77-0.95-0.750.14-0.450.2-0.770.350.680.45-0.7-0.6-0.920.65
0.79-0.250.81-0.99-0.14-0.161.0-0.04-0.091.00.51-0.060.390.6-0.13-0.25-0.53-0.04-0.10.290.20.410.780.13-0.56
0.470.410.420.170.08-0.16-0.160.120.25-0.120.010.0-0.13-0.10.990.520.190.20.83-0.13-0.08-0.28-0.110.020.23
0.79-0.250.81-0.99-0.141.0-0.16-0.04-0.091.00.51-0.060.390.6-0.13-0.25-0.53-0.04-0.10.290.20.410.780.13-0.56
0.060.77-0.140.18-0.79-0.040.12-0.040.97-0.030.550.90.660.440.050.52-0.120.61-0.26-0.75-0.20.420.420.88-0.35
0.10.9-0.10.23-0.76-0.090.25-0.090.97-0.070.550.90.60.360.180.680.010.66-0.08-0.69-0.310.320.320.83-0.28
0.81-0.220.83-0.99-0.161.0-0.121.0-0.03-0.070.53-0.050.410.62-0.1-0.2-0.530.0-0.070.280.190.40.790.15-0.56
0.480.420.38-0.42-0.830.510.010.510.550.550.530.570.850.810.010.33-0.320.62-0.17-0.22-0.360.660.80.72-0.71
-0.030.8-0.210.18-0.77-0.060.0-0.060.90.9-0.050.570.60.35-0.050.460.050.56-0.36-0.54-0.380.50.280.78-0.39
0.310.350.18-0.29-0.950.39-0.130.390.660.60.410.850.60.91-0.190.3-0.420.72-0.36-0.6-0.290.770.780.88-0.77
0.50.10.42-0.53-0.750.6-0.10.60.440.360.620.810.350.91-0.140.13-0.70.68-0.27-0.37-0.080.680.840.74-0.76
0.490.360.450.140.14-0.130.99-0.130.050.18-0.10.01-0.05-0.19-0.140.470.190.150.85-0.02-0.06-0.31-0.12-0.050.26
0.140.780.00.33-0.45-0.250.52-0.250.520.68-0.20.330.460.30.130.470.220.690.42-0.46-0.330.00.050.46-0.07
-0.370.34-0.370.510.2-0.530.19-0.53-0.120.01-0.53-0.320.05-0.42-0.70.190.22-0.330.230.07-0.56-0.27-0.63-0.360.4
0.140.570.00.13-0.77-0.040.2-0.040.610.660.00.620.560.720.680.150.69-0.330.0-0.56-0.330.350.350.8-0.42
0.420.180.430.070.35-0.10.83-0.1-0.26-0.08-0.07-0.17-0.36-0.36-0.270.850.420.230.00.180.06-0.58-0.24-0.360.45
0.14-0.460.29-0.390.680.29-0.130.29-0.75-0.690.28-0.22-0.54-0.6-0.37-0.02-0.460.07-0.560.180.15-0.35-0.23-0.740.26
0.12-0.50.19-0.230.450.2-0.080.2-0.2-0.310.19-0.36-0.38-0.29-0.08-0.06-0.33-0.56-0.330.060.15-0.230.13-0.30.15
0.20.10.13-0.34-0.70.41-0.280.410.420.320.40.660.50.770.68-0.310.0-0.270.35-0.58-0.35-0.230.630.61-0.86
0.650.020.58-0.71-0.60.78-0.110.780.420.320.790.80.280.780.84-0.120.05-0.630.35-0.24-0.230.130.630.6-0.73
0.170.57-0.010.0-0.920.130.020.130.880.830.150.720.780.880.74-0.050.46-0.360.8-0.36-0.74-0.30.610.6-0.62
-0.37-0.04-0.310.50.65-0.560.23-0.56-0.35-0.28-0.56-0.71-0.39-0.77-0.760.26-0.070.4-0.420.450.260.15-0.86-0.73-0.62
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Torq Resources Account Relationship Matchups

Torq Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.1M9.1M4.0M15.6M4.2M5.1M
Total Current Liabilities219.3K202.9K676.5K1.6M1.2M1.3M
Total Stockholder Equity10.8M8.9M3.3M12.0M1.0M986.0K
Net Debt(10.8M)(8.7M)(1.9M)(10.5M)1.5M1.6M
Retained Earnings(46.6M)(48.7M)(55.1M)(66.9M)(86.1M)(81.8M)
Cash10.8M8.7M1.9M12.5M488.0K463.6K
Cash And Short Term Investments10.8M8.7M1.9M12.5M488.0K463.6K
Liabilities And Stockholders Equity11.1M9.1M4.0M15.6M4.2M5.1M
Non Current Liabilities Total151.0K68.2K0.02.0M2.0M2.1M
Total Liab219.3K202.9K676.5K3.6M3.2M3.3M
Total Current Assets11.1M9.1M2.7M13.0M1.1M1.0M
Other Current Liab219.3K202.9K676.5K1.6M1.2M1.3M
Accounts Payable50.4K42.9K81.3K676.5K778.0K816.9K
Other Stockholder Equity8.4M8.6M9.4M10.6M12.2M16.0M
Other Current Assets187.8K303.8K664.4K466.1K559.0K587.0K
Accumulated Other Comprehensive Income(19.0)(1.3K)(52.3K)89.8K14.0M14.7M
Net Receivables24.9K43.0K150.3K65.9K37.1K35.3K
Net Tangible Assets10.8M8.9M3.3M12.0M13.8M7.6M
Net Invested Capital10.8M8.9M3.3M14.0M3.0M2.9M
Net Working Capital10.8M8.9M2.0M11.4M(114.8K)(109.1K)

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Additional Tools for Torq Stock Analysis

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