TWC Price To Sales Ratio vs Capex To Depreciation Analysis
TWC Stock | CAD 18.14 0.27 1.47% |
TWC Enterprises financial indicator trend analysis is much more than just breaking down TWC Enterprises prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TWC Enterprises is a good investment. Please check the relationship between TWC Enterprises Price To Sales Ratio and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TWC Enterprises. 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 Capex To Depreciation
Price To Sales Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TWC Enterprises Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between TWC Enterprises' Price To Sales Ratio and Capex To Depreciation is -0.01. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of TWC Enterprises, assuming nothing else is changed. The correlation between historical values of TWC Enterprises' Price To Sales Ratio and Capex To Depreciation 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 TWC Enterprises are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., TWC Enterprises' Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing TWC Enterprises stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on TWC Enterprises sales, a figure that is much harder to manipulate than other TWC Enterprises 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.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from TWC Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TWC Enterprises 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 TWC Enterprises. 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, TWC Enterprises' Selling General Administrative is very stable compared to the past year. As of the 5th of December 2024, Discontinued Operations is likely to grow to about 262 M, while Tax Provision is likely to drop about 6.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.7M | 5.0M | 1.6M | 1.5M | Depreciation And Amortization | 19.4M | 17.9M | 14.2M | 14.0M |
TWC Enterprises fundamental ratios Correlations
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TWC Enterprises Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TWC Enterprises fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 675.6M | 632.4M | 746.8M | 727.3M | 702.1M | 518.5M | |
Short Long Term Debt Total | 148.4M | 130.6M | 119.6M | 86.6M | 64.7M | 61.5M | |
Other Current Liab | 27.8M | 29.3M | 48.1M | 50.2M | 38.5M | 40.5M | |
Total Current Liabilities | 61.4M | 64.6M | 113.0M | 82.3M | 56.7M | 61.5M | |
Total Stockholder Equity | 436.5M | 414.4M | 494.7M | 515.5M | 529.9M | 556.4M | |
Property Plant And Equipment Net | 433.6M | 421.8M | 404.7M | 402.7M | 399.8M | 393.7M | |
Net Debt | 82.3M | 73.3M | 28.2M | 42.5M | 11.0M | 10.4M | |
Retained Earnings | 322.5M | 307.8M | 389.4M | 403.9M | 420.3M | 441.3M | |
Accounts Payable | 3.5M | 2.7M | 8.8M | 9.9M | 10.9M | 5.6M | |
Non Current Assets Total | 475.7M | 465.2M | 444.5M | 429.4M | 423.8M | 438.0M | |
Non Currrent Assets Other | 593K | 587K | 559K | 15.1M | 3.2M | 3.1M | |
Net Receivables | 43.6M | 35.6M | 6.6M | 20.0M | 6.7M | 6.4M | |
Common Stock Shares Outstanding | 27.1M | 26.0M | 24.6M | 24.5M | 24.6M | 26.2M | |
Liabilities And Stockholders Equity | 675.6M | 632.4M | 746.8M | 727.3M | 702.1M | 518.5M | |
Non Current Liabilities Total | 177.7M | 153.4M | 130.4M | 121.0M | 107.7M | 102.4M | |
Inventory | 4.0M | 3.6M | 89.5M | 105.4M | 104.1M | 109.3M | |
Other Current Assets | 1.2M | 945K | 1.8M | 899K | 10.2M | 10.8M | |
Other Stockholder Equity | 4.6M | 4.1M | 4.8M | 9.2M | 8.3M | 7.9M | |
Total Liab | 239.1M | 218.0M | 243.4M | 203.3M | 164.5M | 277.3M | |
Property Plant And Equipment Gross | 433.6M | 421.8M | 649.4M | 658.3M | 659.7M | 424.7M | |
Total Current Assets | 199.9M | 167.2M | 302.3M | 298.0M | 278.3M | 292.2M | |
Accumulated Other Comprehensive Income | 4.6M | 4.1M | 4.8M | 9.2M | 7.5M | 7.9M | |
Short Term Debt | 26.0M | 27.8M | 43.7M | 18.6M | 7.1M | 6.7M | |
Cash | 66.0M | 57.2M | 91.4M | 44.1M | 53.7M | 56.4M | |
Cash And Short Term Investments | 151.1M | 127.1M | 204.5M | 44.1M | 157.2M | 165.0M | |
Short Term Investments | 85.1M | 69.8M | 113.1M | 125.2M | 103.4M | 67.0M | |
Intangible Assets | 15.7M | 14.6M | 12.9M | 11.6M | 10.8M | 14.2M | |
Current Deferred Revenue | 18.6M | 18.0M | 27.5M | 243K | 279.5K | 265.5K | |
Common Stock | 109.5M | 102.5M | 100.5M | 102.3M | 102.1M | 115.7M | |
Other Liab | 55.3M | 50.6M | 54.5M | 53.0M | 47.7M | 54.0M | |
Net Tangible Assets | 420.8M | 399.8M | 481.8M | 503.9M | 579.5M | 340.4M | |
Other Assets | 2.8M | 4.3M | 21.4M | 9.2M | 10.6M | 8.2M | |
Long Term Debt | 89.3M | 95.8M | 34.2M | 66.7M | 57.4M | 54.5M | |
Long Term Investments | 23.5M | 24.5M | 24.7M | 14.1M | 10.0M | 13.1M | |
Short Long Term Debt | 20.9M | 22.4M | 39.2M | 17.4M | 5.8M | 5.5M | |
Property Plant Equipment | 433.6M | 421.8M | 404.7M | 402.7M | 362.4M | 405.8M | |
Long Term Debt Total | 122.4M | 102.8M | 75.9M | 68.0M | 61.2M | 58.2M | |
Capital Lease Obligations | 17.2M | 12.4M | 7.0M | 2.5M | 1.5M | 1.5M | |
Cash And Equivalents | 66.0M | 57.2M | 91.4M | 44.1M | 50.8M | 62.7M |
Pair Trading with TWC Enterprises
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 TWC Enterprises 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 TWC Enterprises will appreciate offsetting losses from the drop in the long position's value.Moving against TWC Stock
The ability to find closely correlated positions to TWC Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TWC Enterprises 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 TWC Enterprises - 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 TWC Enterprises to buy it.
The correlation of TWC Enterprises 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 TWC Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TWC Enterprises 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 TWC Enterprises 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.Other Information on Investing in TWC Stock
Balance Sheet is a snapshot of the financial position of TWC Enterprises at a specified time, usually calculated after every quarter, six months, or one year. TWC Enterprises Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TWC Enterprises 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 TWC currently owns. An asset can also be divided into two categories, current and non-current.