TWC Price To Sales Ratio vs Ptb Ratio 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 Ptb Ratio 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 Ptb Ratio

Price To Sales Ratio vs Ptb Ratio 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 Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TWC Enterprises' Price To Sales Ratio and Ptb Ratio is -0.48. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Ptb Ratio 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 Ptb 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 Price To Sales Ratio of TWC Enterprises are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Price To Sales Ratio i.e., TWC Enterprises' Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

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.
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 Expense7.7M5.0M1.6M1.5M
Depreciation And Amortization19.4M17.9M14.2M14.0M

TWC Enterprises fundamental ratios Correlations

0.420.60.620.420.720.280.35-0.50.710.320.00.110.430.16-0.16-0.390.50.880.230.420.260.210.250.330.44
0.42-0.240.34-0.610.90.98-0.67-0.590.90.35-0.30.690.99-0.61-0.410.040.960.51-0.760.67-0.57-0.66-0.680.950.28
0.6-0.240.60.770.11-0.310.730.050.110.27-0.1-0.51-0.250.740.23-0.52-0.090.580.690.110.410.50.72-0.370.03
0.620.340.60.170.50.270.09-0.20.510.26-0.170.10.260.13-0.22-0.150.420.630.060.840.030.030.140.170.39
0.42-0.610.770.17-0.23-0.710.990.04-0.23-0.10.25-0.49-0.580.770.42-0.42-0.450.220.96-0.320.770.860.82-0.60.02
0.720.90.110.5-0.230.84-0.3-0.681.00.42-0.310.570.91-0.32-0.23-0.170.940.76-0.450.64-0.37-0.4-0.390.830.28
0.280.98-0.310.27-0.710.84-0.76-0.470.840.41-0.430.640.96-0.6-0.360.110.930.44-0.850.63-0.74-0.78-0.70.920.12
0.35-0.670.730.090.99-0.3-0.760.09-0.31-0.130.25-0.55-0.630.790.43-0.39-0.520.160.97-0.40.780.880.84-0.630.0
-0.5-0.590.05-0.20.04-0.68-0.470.09-0.690.08-0.22-0.69-0.590.50.30.28-0.63-0.230.23-0.38-0.060.020.39-0.65-0.52
0.710.90.110.51-0.231.00.84-0.31-0.690.41-0.320.580.91-0.32-0.23-0.150.950.74-0.450.66-0.37-0.39-0.40.840.29
0.320.350.270.26-0.10.420.41-0.130.080.41-0.37-0.010.370.18-0.160.060.390.55-0.170.19-0.46-0.570.040.24-0.41
0.0-0.3-0.1-0.170.25-0.31-0.430.25-0.22-0.32-0.370.19-0.3-0.25-0.28-0.07-0.36-0.420.34-0.170.70.4-0.01-0.220.39
0.110.69-0.510.1-0.490.570.64-0.55-0.690.58-0.010.190.67-0.74-0.30.220.66-0.03-0.610.49-0.27-0.41-0.780.740.33
0.430.99-0.250.26-0.580.910.96-0.63-0.590.910.37-0.30.67-0.57-0.360.050.970.52-0.730.57-0.56-0.64-0.660.960.25
0.16-0.610.740.130.77-0.32-0.60.790.5-0.320.18-0.25-0.74-0.570.63-0.19-0.440.280.79-0.390.370.560.8-0.62-0.39
-0.16-0.410.23-0.220.42-0.23-0.360.430.3-0.23-0.16-0.28-0.3-0.360.63-0.07-0.25-0.020.39-0.430.10.380.24-0.35-0.57
-0.390.04-0.52-0.15-0.42-0.170.11-0.390.28-0.150.06-0.070.220.05-0.19-0.070.0-0.28-0.310.01-0.3-0.32-0.260.16-0.15
0.50.96-0.090.42-0.450.940.93-0.52-0.630.950.39-0.360.660.97-0.44-0.250.00.59-0.630.64-0.51-0.55-0.60.940.24
0.880.510.580.630.220.760.440.16-0.230.740.55-0.42-0.030.520.28-0.02-0.280.590.050.44-0.1-0.060.210.370.14
0.23-0.760.690.060.96-0.45-0.850.970.23-0.45-0.170.34-0.61-0.730.790.39-0.31-0.630.05-0.440.830.880.84-0.720.0
0.420.670.110.84-0.320.640.63-0.4-0.380.660.19-0.170.490.57-0.39-0.430.010.640.44-0.44-0.3-0.36-0.350.510.43
0.26-0.570.410.030.77-0.37-0.740.78-0.06-0.37-0.460.7-0.27-0.560.370.1-0.3-0.51-0.10.83-0.30.890.5-0.50.4
0.21-0.660.50.030.86-0.4-0.780.880.02-0.39-0.570.4-0.41-0.640.560.38-0.32-0.55-0.060.88-0.360.890.67-0.590.29
0.25-0.680.720.140.82-0.39-0.70.840.39-0.40.04-0.01-0.78-0.660.80.24-0.26-0.60.210.84-0.350.50.67-0.72-0.09
0.330.95-0.370.17-0.60.830.92-0.63-0.650.840.24-0.220.740.96-0.62-0.350.160.940.37-0.720.51-0.5-0.59-0.720.27
0.440.280.030.390.020.280.120.0-0.520.29-0.410.390.330.25-0.39-0.57-0.150.240.140.00.430.40.29-0.090.27
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TWC Enterprises Account Relationship Matchups

TWC Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets675.6M632.4M746.8M727.3M702.1M518.5M
Short Long Term Debt Total148.4M130.6M119.6M86.6M64.7M61.5M
Other Current Liab27.8M29.3M48.1M50.2M38.5M40.5M
Total Current Liabilities61.4M64.6M113.0M82.3M56.7M61.5M
Total Stockholder Equity436.5M414.4M494.7M515.5M529.9M556.4M
Property Plant And Equipment Net433.6M421.8M404.7M402.7M399.8M393.7M
Net Debt82.3M73.3M28.2M42.5M11.0M10.4M
Retained Earnings322.5M307.8M389.4M403.9M420.3M441.3M
Accounts Payable3.5M2.7M8.8M9.9M10.9M5.6M
Non Current Assets Total475.7M465.2M444.5M429.4M423.8M438.0M
Non Currrent Assets Other593K587K559K15.1M3.2M3.1M
Net Receivables43.6M35.6M6.6M20.0M6.7M6.4M
Common Stock Shares Outstanding27.1M26.0M24.6M24.5M24.6M26.2M
Liabilities And Stockholders Equity675.6M632.4M746.8M727.3M702.1M518.5M
Non Current Liabilities Total177.7M153.4M130.4M121.0M107.7M102.4M
Inventory4.0M3.6M89.5M105.4M104.1M109.3M
Other Current Assets1.2M945K1.8M899K10.2M10.8M
Other Stockholder Equity4.6M4.1M4.8M9.2M8.3M7.9M
Total Liab239.1M218.0M243.4M203.3M164.5M277.3M
Property Plant And Equipment Gross433.6M421.8M649.4M658.3M659.7M424.7M
Total Current Assets199.9M167.2M302.3M298.0M278.3M292.2M
Accumulated Other Comprehensive Income4.6M4.1M4.8M9.2M7.5M7.9M
Short Term Debt26.0M27.8M43.7M18.6M7.1M6.7M
Cash66.0M57.2M91.4M44.1M53.7M56.4M
Cash And Short Term Investments151.1M127.1M204.5M44.1M157.2M165.0M
Short Term Investments85.1M69.8M113.1M125.2M103.4M67.0M
Intangible Assets15.7M14.6M12.9M11.6M10.8M14.2M
Current Deferred Revenue18.6M18.0M27.5M243K279.5K265.5K
Common Stock109.5M102.5M100.5M102.3M102.1M115.7M
Other Liab55.3M50.6M54.5M53.0M47.7M54.0M
Net Tangible Assets420.8M399.8M481.8M503.9M579.5M340.4M
Other Assets2.8M4.3M21.4M9.2M10.6M8.2M
Long Term Debt89.3M95.8M34.2M66.7M57.4M54.5M
Long Term Investments23.5M24.5M24.7M14.1M10.0M13.1M
Short Long Term Debt20.9M22.4M39.2M17.4M5.8M5.5M
Property Plant Equipment433.6M421.8M404.7M402.7M362.4M405.8M
Long Term Debt Total122.4M102.8M75.9M68.0M61.2M58.2M
Capital Lease Obligations17.2M12.4M7.0M2.5M1.5M1.5M
Cash And Equivalents66.0M57.2M91.4M44.1M50.8M62.7M

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

  0.43JPM JPMorgan ChasePairCorr
  0.38BOFA Bank of AmericaPairCorr
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.
Pair CorrelationCorrelation Matching

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.