Waldencast Price To Sales Ratio vs Inventory Turnover Analysis
| WALDW Stock | USD 0.14 0.03 27.27% |
Waldencast Acquisition financial indicator trend analysis is more than just analyzing Waldencast Acquisition current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waldencast Acquisition is a good investment. Please check the relationship between Waldencast Acquisition Price To Sales Ratio and its Inventory Turnover accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waldencast Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Price To Sales Ratio vs Inventory Turnover
Price To Sales Ratio vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waldencast Acquisition Price To Sales Ratio account and Inventory Turnover. At this time, the significance of the direction appears to have pay attention.
The correlation between Waldencast Acquisition's Price To Sales Ratio and Inventory Turnover is -0.71. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Waldencast Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Waldencast Acquisition's Price To Sales Ratio and Inventory Turnover 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 Waldencast Acquisition Corp are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Price To Sales Ratio i.e., Waldencast Acquisition's Price To Sales Ratio and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.71 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Waldencast Acquisition stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Waldencast Acquisition sales, a figure that is much harder to manipulate than other Waldencast Acquisition Corp 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.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most indicators from Waldencast Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waldencast Acquisition 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waldencast Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Waldencast Acquisition's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 149.6 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.05 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 11.1M | 18.9M | 21.7M | 13.3M | Depreciation And Amortization | 13.9M | 60.5M | 69.6M | 73.1M |
Waldencast Acquisition fundamental ratios Correlations
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Waldencast Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Waldencast Stock Analysis
When running Waldencast Acquisition's price analysis, check to measure Waldencast Acquisition's 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 Waldencast Acquisition is operating at the current time. Most of Waldencast Acquisition's value examination focuses on studying past and present price action to predict the probability of Waldencast Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waldencast Acquisition's price. Additionally, you may evaluate how the addition of Waldencast Acquisition to your portfolios can decrease your overall portfolio volatility.