Twin Days Sales Outstanding vs Price To Sales Ratio Analysis
TWIN Stock | USD 12.40 0.15 1.22% |
Twin Disc financial indicator trend analysis is much more than just breaking down Twin Disc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Twin Disc is a good investment. Please check the relationship between Twin Disc Days Sales Outstanding 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 Twin Disc Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Days Sales Outstanding vs Price To Sales Ratio
Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Twin Disc Days Sales Outstanding account and Price To Sales Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Twin Disc's Days Sales Outstanding and Price To Sales Ratio is 0.23. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Twin Disc Incorporated, assuming nothing else is changed. The correlation between historical values of Twin Disc's Days Sales Outstanding 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 Days Sales Outstanding of Twin Disc Incorporated 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 Days Sales Outstanding i.e., Twin Disc's Days Sales Outstanding and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Days Sales Outstanding
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Twin Disc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Twin Disc sales, a figure that is much harder to manipulate than other Twin Disc Incorporated 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 Twin Disc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Twin Disc 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 Twin Disc Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Twin Disc's Tax Provision is very stable compared to the past year. As of the 4th of December 2024, Enterprise Value is likely to grow to about 345.6 M, while Selling General Administrative is likely to drop about 57.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 68.8M | 74.3M | 83.3M | 64.6M | Total Revenue | 242.9M | 277.0M | 295.1M | 237.3M |
Twin Disc fundamental ratios Correlations
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Twin Disc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Twin Disc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 294.1M | 275.4M | 276.5M | 289.2M | 312.1M | 229.6M | |
Short Long Term Debt Total | 56.1M | 45.0M | 47.1M | 29.4M | 48.2M | 28.8M | |
Other Current Liab | 24.8M | 45.1M | 47.8M | 58.6M | 46.7M | 32.0M | |
Total Current Liabilities | 66.7M | 78.6M | 81.1M | 100.1M | 99.5M | 58.9M | |
Total Stockholder Equity | 139.4M | 130.2M | 130.8M | 145.1M | 154.7M | 110.1M | |
Property Plant And Equipment Net | 72.7M | 60.2M | 54.3M | 51.8M | 74.7M | 51.8M | |
Net Debt | 45.4M | 32.6M | 34.6M | 16.2M | 28.1M | 16.9M | |
Retained Earnings | 156.7M | 135.8M | 135.0M | 120.3M | 129.6M | 130.3M | |
Cash | 10.7M | 12.3M | 12.5M | 13.3M | 20.1M | 11.9M | |
Non Current Assets Total | 120.1M | 83.4M | 72.1M | 69.5M | 92.4M | 85.6M | |
Non Currrent Assets Other | 4.0M | 3.3M | 2.5M | 2.6M | 2.7M | 2.6M | |
Cash And Short Term Investments | 10.7M | 12.3M | 12.5M | 13.3M | 20.1M | 11.9M | |
Net Receivables | 30.7M | 39.5M | 45.5M | 54.8M | 52.2M | 41.9M | |
Common Stock Shares Outstanding | 13.2M | 13.2M | 13.4M | 13.8M | 13.9M | 12.9M | |
Liabilities And Stockholders Equity | 294.1M | 275.4M | 276.5M | 289.2M | 312.1M | 229.6M | |
Non Current Liabilities Total | 87.4M | 66.2M | 64.3M | 43.6M | 57.5M | 60.3M | |
Inventory | 120.6M | 115.0M | 127.1M | 131.9M | 130.5M | 77.5M | |
Other Current Assets | 6.7M | 25.2M | 19.4M | 19.8M | 16.9M | 9.6M | |
Other Stockholder Equity | (18.8M) | (15.1M) | (14.7M) | (12.5M) | (9.8M) | (9.3M) | |
Total Liab | 154.2M | 144.8M | 145.3M | 143.7M | 157.0M | 119.2M | |
Property Plant And Equipment Gross | 72.7M | 60.2M | 54.3M | 51.8M | 254.4M | 267.2M | |
Total Current Assets | 174.0M | 192.0M | 204.5M | 219.7M | 219.6M | 144.1M | |
Accumulated Other Comprehensive Income | (41.2M) | (31.4M) | (32.1M) | (5.6M) | (6.9M) | (7.3M) | |
Short Term Debt | 4.7M | 2.4M | 4.7M | 5.0M | 5.2M | 4.1M | |
Accounts Payable | 25.7M | 31.0M | 28.5M | 36.5M | 32.6M | 22.1M | |
Intangible Assets | 19.0M | 17.5M | 13.0M | 12.6M | 12.7M | 10.3M | |
Common Stock Total Equity | 45.0M | 42.8M | 41.0M | 42.6M | 48.9M | 51.4M | |
Common Stock | 42.8M | 41.0M | 42.6M | 42.9M | 41.8M | 21.0M | |
Other Liab | 35.0M | 23.2M | 19.1M | 11.8M | 10.6M | 10.1M | |
Other Assets | 28.4M | 5.8M | 4.8M | 4.9M | 1.0 | 0.95 | |
Long Term Debt | 37.9M | 30.1M | 34.5M | 16.6M | 23.8M | 20.1M | |
Treasury Stock | (21.3M) | (18.8M) | (15.1M) | (14.7M) | (13.2M) | (13.9M) | |
Property Plant Equipment | 72.7M | 60.2M | 54.3M | 51.8M | 59.6M | 58.0M | |
Net Tangible Assets | 120.4M | 112.7M | 117.8M | 132.5M | 119.2M | 99.1M | |
Current Deferred Revenue | 11.5M | 13.1M | 17.2M | 22.9M | 15.0M | 10.3M | |
Noncontrolling Interest In Consolidated Entity | 602K | 569K | 450K | 412K | 370.8K | 531.4K | |
Retained Earnings Total Equity | 196.5M | 156.7M | 126.9M | 135.0M | 121.5M | 136.9M |
Pair Trading with Twin Disc
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 Twin Disc 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 Twin Disc will appreciate offsetting losses from the drop in the long position's value.Moving against Twin Stock
The ability to find closely correlated positions to Twin Disc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Twin Disc 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 Twin Disc - 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 Twin Disc Incorporated to buy it.
The correlation of Twin Disc 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 Twin Disc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Twin Disc 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 Twin Disc 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Twin Disc Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Twin Disc. If investors know Twin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Twin Disc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.074 | Dividend Share 0.16 | Earnings Share 0.68 | Revenue Per Share 22.15 | Quarterly Revenue Growth 0.147 |
The market value of Twin Disc is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Disc's value that differs from its market value or its book value, called intrinsic value, which is Twin Disc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Twin Disc's market value can be influenced by many factors that don't directly affect Twin Disc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Twin Disc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Disc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Disc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.