Titanium Price To Sales Ratio vs Book Value Per Share Analysis

TTNM Stock

2.30 0.01 0.43%

Titanium Transportation financial indicator trend analysis is much more than just breaking down Titanium Transportation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titanium Transportation is a good investment. Please check the relationship between Titanium Transportation Price To Sales Ratio and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titanium Transportation Group. 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.

Price To Sales Ratio vs Book Value Per Share

Price To Sales Ratio vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titanium Transportation Price To Sales Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Titanium Transportation's Price To Sales Ratio and Book Value Per Share is -0.68. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Titanium Transportation Group, assuming nothing else is changed. The correlation between historical values of Titanium Transportation's Price To Sales Ratio and Book Value Per Share 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 Titanium Transportation Group are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Price To Sales Ratio i.e., Titanium Transportation's Price To Sales Ratio and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Price To Sales Ratio

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

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most indicators from Titanium Transportation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titanium Transportation 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 Titanium Transportation Group. 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, Titanium Transportation's Selling General Administrative is very stable compared to the past year. As of the 7th of January 2025, Sales General And Administrative To Revenue is likely to grow to 0, while Tax Provision is likely to drop about 3 M.

	2022	2023	2024	2025 (projected)
Total Revenue	496.4M	438.7M	504.5M	529.7M
Depreciation And Amortization	27.5M	32.6M	37.5M	39.4M

Total Revenue Depreciation And Amortization

Titanium Transportation fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Good Will	Inventory	Other Stockholder Equity	Short Term Debt
Total Assets		0.94	0.98	0.99	0.99	0.97	0.97	0.72	0.54	0.99	0.45	0.3	0.54	0.96	0.8	0.98	0.56	1.0	0.8	0.97	0.99	0.16	0.88	-0.3	0.8	0.97
Other Current Liab	0.94		0.95	0.96	0.89	0.85	0.94	0.82	0.76	0.89	0.34	0.27	0.76	0.98	0.76	0.9	0.58	0.93	0.91	0.93	0.89	0.2	0.75	-0.27	0.79	0.88
Total Current Liabilities	0.98	0.95		0.97	0.95	0.93	0.92	0.79	0.57	0.95	0.47	0.32	0.57	0.98	0.81	0.93	0.63	0.98	0.85	0.96	0.95	0.23	0.82	-0.27	0.82	0.98
Total Stockholder Equity	0.99	0.96	0.97		0.97	0.95	0.96	0.75	0.6	0.97	0.47	0.31	0.6	0.97	0.83	0.97	0.55	0.99	0.83	0.98	0.97	0.14	0.85	-0.29	0.83	0.95
Property Plant And Equipment Net	0.99	0.89	0.95	0.97		0.99	0.97	0.63	0.44	1.0	0.45	0.26	0.44	0.92	0.77	1.0	0.53	0.99	0.72	0.94	0.99	0.13	0.91	-0.3	0.77	0.96
Net Debt	0.97	0.85	0.93	0.95	0.99		0.94	0.58	0.36	1.0	0.46	0.23	0.36	0.88	0.75	0.99	0.53	0.98	0.67	0.91	0.99	0.13	0.92	-0.3	0.74	0.96
Retained Earnings	0.97	0.94	0.92	0.96	0.97	0.94		0.62	0.57	0.96	0.3	0.28	0.57	0.92	0.69	0.98	0.52	0.97	0.76	0.9	0.96	0.13	0.89	-0.28	0.71	0.9
Accounts Payable	0.72	0.82	0.79	0.75	0.63	0.58	0.62		0.71	0.62	0.41	0.37	0.71	0.86	0.8	0.61	0.49	0.7	0.93	0.8	0.62	0.15	0.36	-0.34	0.86	0.7
Cash	0.54	0.76	0.57	0.6	0.44	0.36	0.57	0.71		0.43	0.07	0.18	1.0	0.68	0.46	0.46	0.3	0.51	0.85	0.61	0.44	0.0	0.31	-0.23	0.49	0.45
Non Current Assets Total	0.99	0.89	0.95	0.97	1.0	1.0	0.96	0.62	0.43		0.45	0.26	0.43	0.91	0.77	1.0	0.53	0.99	0.72	0.93	0.99	0.13	0.91	-0.3	0.77	0.96
Non Currrent Assets Other	0.45	0.34	0.47	0.47	0.45	0.46	0.3	0.41	0.07	0.45		0.1	0.07	0.45	0.79	0.4	0.56	0.43	0.38	0.57	0.44	0.37	0.29	-0.04	0.63	0.48
Other Assets	0.3	0.27	0.32	0.31	0.26	0.23	0.28	0.37	0.18	0.26	0.1		0.18	0.34	0.39	0.24	0.25	0.3	0.32	0.31	0.26	0.28	0.2	0.08	0.35	0.27
Cash And Short Term Investments	0.54	0.76	0.57	0.6	0.44	0.36	0.57	0.71	1.0	0.43	0.07	0.18		0.68	0.46	0.46	0.3	0.51	0.85	0.61	0.44	0.0	0.31	-0.23	0.49	0.45
Net Receivables	0.96	0.98	0.98	0.97	0.92	0.88	0.92	0.86	0.68	0.91	0.45	0.34	0.68		0.83	0.91	0.59	0.95	0.91	0.97	0.91	0.2	0.75	-0.29	0.85	0.92
Common Stock Shares Outstanding	0.8	0.76	0.81	0.83	0.77	0.75	0.69	0.8	0.46	0.77	0.79	0.39	0.46	0.83		0.74	0.69	0.78	0.81	0.87	0.75	0.36	0.56	-0.14	0.94	0.77
Non Current Liabilities Total	0.98	0.9	0.93	0.97	1.0	0.99	0.98	0.61	0.46	1.0	0.4	0.24	0.46	0.91	0.74		0.51	0.99	0.71	0.92	0.99	0.11	0.91	-0.32	0.75	0.94
Other Current Assets	0.56	0.58	0.63	0.55	0.53	0.53	0.52	0.49	0.3	0.53	0.56	0.25	0.3	0.59	0.69	0.51		0.57	0.59	0.55	0.51	0.85	0.49	0.33	0.55	0.54
Total Liab	1.0	0.93	0.98	0.99	0.99	0.98	0.97	0.7	0.51	0.99	0.43	0.3	0.51	0.95	0.78	0.99	0.57		0.78	0.95	0.99	0.17	0.89	-0.3	0.79	0.97
Total Current Assets	0.8	0.91	0.85	0.83	0.72	0.67	0.76	0.93	0.85	0.72	0.38	0.32	0.85	0.91	0.81	0.71	0.59	0.78		0.86	0.72	0.2	0.54	-0.24	0.83	0.75
Common Stock	0.97	0.93	0.96	0.98	0.94	0.91	0.9	0.8	0.61	0.93	0.57	0.31	0.61	0.97	0.87	0.92	0.55	0.95	0.86		0.93	0.13	0.8	-0.27	0.84	0.95
Short Long Term Debt Total	0.99	0.89	0.95	0.97	0.99	0.99	0.96	0.62	0.44	0.99	0.44	0.26	0.44	0.91	0.75	0.99	0.51	0.99	0.72	0.93		0.1	0.9	-0.34	0.76	0.97
Current Deferred Revenue	0.16	0.2	0.23	0.14	0.13	0.13	0.13	0.15	0.0	0.13	0.37	0.28	0.0	0.2	0.36	0.11	0.85	0.17	0.2	0.13	0.1		0.11	0.63	0.22	0.13
Good Will	0.88	0.75	0.82	0.85	0.91	0.92	0.89	0.36	0.31	0.91	0.29	0.2	0.31	0.75	0.56	0.91	0.49	0.89	0.54	0.8	0.9	0.11		-0.11	0.48	0.87
Inventory	-0.3	-0.27	-0.27	-0.29	-0.3	-0.3	-0.28	-0.34	-0.23	-0.3	-0.04	0.08	-0.23	-0.29	-0.14	-0.32	0.33	-0.3	-0.24	-0.27	-0.34	0.63	-0.11		-0.32	-0.31
Other Stockholder Equity	0.8	0.79	0.82	0.83	0.77	0.74	0.71	0.86	0.49	0.77	0.63	0.35	0.49	0.85	0.94	0.75	0.55	0.79	0.83	0.84	0.76	0.22	0.48	-0.32		0.76
Short Term Debt	0.97	0.88	0.98	0.95	0.96	0.96	0.9	0.7	0.45	0.96	0.48	0.27	0.45	0.92	0.77	0.94	0.54	0.97	0.75	0.95	0.97	0.13	0.87	-0.31	0.76

Click cells to compare fundamentals

Titanium Transportation Account Relationship Matchups

Titanium Transportation fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	138.8M	233.7M	281.1M	356.0M	409.4M	429.9M
Other Current Liab	11.6M	20.6M	26.9M	21.1M	24.3M	25.5M
Total Current Liabilities	35.9M	96.4M	79.5M	98.7M	113.5M	119.2M
Total Stockholder Equity	47.1M	73.7M	98.2M	104.5M	120.2M	126.2M
Property Plant And Equipment Net	89.1M	120.2M	157.3M	250.2M	287.7M	302.1M
Net Debt	57.3M	86.8M	95.4M	197.9M	227.6M	238.9M
Retained Earnings	15.0M	16.7M	38M	43.7M	50.2M	52.7M
Accounts Payable	12.3M	20.7M	15.2M	11.6M	13.3M	8.9M
Cash	3.1M	18.0M	34.9M	9.3M	10.7M	6.5M
Non Current Assets Total	94.2M	133.2M	170.2M	276.5M	318.0M	333.9M
Non Currrent Assets Other	3.6M	1.9M	2.3M	2.8M	3.2M	2.8M
Other Assets	368.3K	405.1K	392K	484K	556.6K	584.4K
Cash And Short Term Investments	3.1M	18.0M	34.9M	9.3M	10.7M	6.5M
Net Receivables	39.2M	69.6M	72.6M	66.0M	76.0M	79.8M
Common Stock Shares Outstanding	37.3M	41.3M	45.2M	45.5M	52.4M	35.9M
Non Current Liabilities Total	55.8M	63.6M	103.5M	152.8M	175.7M	184.5M
Other Current Assets	2.3M	3.7M	3.4M	4.1M	4.7M	3.0M
Total Liab	91.7M	160.0M	182.9M	251.4M	289.2M	303.6M
Total Current Assets	44.5M	100.5M	110.9M	79.5M	91.4M	46.3M
Common Stock	23.3M	48.2M	51.0M	50.7M	58.3M	61.2M
Short Long Term Debt Total	60.3M	104.8M	130.3M	207.2M	238.3M	250.2M
Liabilities And Stockholders Equity	138.8M	233.7M	281.1M	356.0M	409.4M	429.9M
Other Stockholder Equity	8.8M	8.8M	9.2M	9.8M	11.3M	7.0M
Short Term Debt	12.0M	55.2M	37.4M	65.5M	75.4M	79.1M
Intangible Assets	857.1K	6.7M	5.4M	13.1M	15.1M	15.8M
Long Term Debt	12.5M	23.8M	74.9M	123.1M	141.6M	148.7M
Long Term Debt Total	51.9M	48.3M	49.7M	93.0M	106.9M	59.0M
Capital Surpluse	8.3M	8.8M	8.8M	9.2M	10.6M	8.4M
Property Plant Equipment	97.6M	89.1M	120.2M	157.3M	180.9M	113.1M

Pair Trading with Titanium Transportation

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 Titanium Transportation 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 Titanium Transportation will appreciate offsetting losses from the drop in the long position's value.

Moving against Titanium Stock

0.47

SCD

Scandium Canada

Pair Corr

The ability to find closely correlated positions to Titanium Transportation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titanium Transportation 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 Titanium Transportation - 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 Titanium Transportation Group to buy it.

The correlation of Titanium Transportation 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 Titanium Transportation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titanium Transportation 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 Titanium Transportation 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 Titanium Stock

Balance Sheet is a snapshot of the financial position of Titanium Transportation at a specified time, usually calculated after every quarter, six months, or one year. Titanium Transportation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Titanium Transportation 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 Titanium currently owns. An asset can also be divided into two categories, current and non-current.

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Titanium Price To Sales Ratio vs Book Value Per Share Analysis

Price To Sales Ratio vs Book Value Per Share

Price To Sales Ratio vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Book Value Per Share

Titanium Transportation fundamental ratios Correlations

Titanium Transportation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Titanium Transportation fundamental ratios Accounts

Pair Trading with Titanium Transportation

Moving against Titanium Stock

Other Information on Investing in Titanium Stock

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Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Non Current Assets Total

Inventory	- 0.34	Short Long Term Debt Total
Inventory	- 0.34	Accounts Payable
Other Stockholder Equity	- 0.32	Inventory
Inventory	- 0.32	Non Current Liabilities Total
Short Term Debt	- 0.31	Inventory
Inventory	- 0.3	Total Liab