Edgewater Average Payables vs Ev To Sales Analysis

YFI Stock  CAD 0.04  0.01  12.50%   
Edgewater Wireless financial indicator trend analysis is much more than just examining Edgewater Wireless latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edgewater Wireless is a good investment. Please check the relationship between Edgewater Wireless Average Payables and its Ev To Sales accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Edgewater Wireless Systems. 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.

Average Payables vs Ev To Sales

Average Payables vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edgewater Wireless Average Payables account and Ev To Sales. At this time, the significance of the direction appears to have very week relationship.
The correlation between Edgewater Wireless' Average Payables and Ev To Sales is 0.27. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Edgewater Wireless Systems, assuming nothing else is changed. The correlation between historical values of Edgewater Wireless' Average Payables and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Edgewater Wireless Systems are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Average Payables i.e., Edgewater Wireless' Average Payables and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Edgewater Wireless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edgewater Wireless 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 Edgewater Wireless Systems. 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, Edgewater Wireless' Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 726.9 K in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (5.48).
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.1M867.0K651.2K618.6K
Cost Of Revenue1.2K557.01.3K1.2K

Edgewater Wireless fundamental ratios Correlations

-0.380.47-0.571.00.34-0.860.60.270.850.990.850.23-0.560.450.27-0.330.73-0.720.96-0.340.670.69-0.51-0.580.33
-0.38-0.41-0.12-0.350.020.340.07-0.38-0.21-0.36-0.21-0.32-0.030.41-0.32-0.2-0.240.11-0.40.740.06-0.07-0.28-0.01-0.1
0.47-0.410.050.430.07-0.560.090.350.520.470.52-0.12-0.060.22-0.29-0.170.55-0.020.43-0.540.130.31-0.040.01-0.18
-0.57-0.120.05-0.64-0.70.41-0.70.6-0.5-0.57-0.5-0.070.67-0.44-0.110.18-0.610.95-0.540.09-0.27-0.780.40.44-0.3
1.0-0.350.43-0.640.39-0.850.640.190.850.990.840.22-0.590.450.27-0.320.75-0.780.96-0.340.640.73-0.51-0.580.35
0.340.020.07-0.70.39-0.10.82-0.540.150.360.150.31-0.830.460.31-0.140.3-0.650.28-0.220.150.89-0.45-0.540.2
-0.860.34-0.560.41-0.85-0.1-0.36-0.36-0.98-0.82-0.980.160.34-0.20.110.24-0.80.56-0.930.32-0.44-0.50.240.3-0.34
0.60.070.09-0.70.640.82-0.36-0.220.390.610.390.48-0.980.670.35-0.440.28-0.710.55-0.050.620.92-0.8-0.890.51
0.27-0.380.350.60.19-0.54-0.36-0.220.250.260.250.040.23-0.120.07-0.07-0.020.390.28-0.060.32-0.27-0.05-0.08-0.03
0.85-0.210.52-0.50.850.15-0.980.390.250.81.0-0.23-0.380.27-0.17-0.280.84-0.60.92-0.230.430.54-0.29-0.310.33
0.99-0.360.47-0.570.990.36-0.820.610.260.80.80.25-0.550.490.29-0.330.71-0.710.92-0.340.680.7-0.53-0.580.27
0.85-0.210.52-0.50.840.15-0.980.390.251.00.8-0.23-0.370.26-0.18-0.280.84-0.60.92-0.230.430.54-0.29-0.310.33
0.23-0.32-0.12-0.070.220.310.160.480.04-0.230.25-0.23-0.470.310.81-0.31-0.37-0.150.15-0.190.50.26-0.49-0.630.47
-0.56-0.03-0.060.67-0.59-0.830.34-0.980.23-0.38-0.55-0.37-0.47-0.57-0.330.34-0.280.69-0.540.05-0.53-0.90.720.85-0.56
0.450.410.22-0.440.450.46-0.20.67-0.120.270.490.260.31-0.570.22-0.580.14-0.340.330.020.710.59-0.75-0.610.16
0.27-0.32-0.29-0.110.270.310.110.350.07-0.170.29-0.180.81-0.330.22-0.23-0.28-0.210.2-0.180.380.22-0.36-0.460.3
-0.33-0.2-0.170.18-0.32-0.140.24-0.44-0.07-0.28-0.33-0.28-0.310.34-0.58-0.230.030.16-0.3-0.14-0.63-0.290.680.53-0.35
0.73-0.240.55-0.610.750.3-0.80.28-0.020.840.710.84-0.37-0.280.14-0.280.03-0.670.73-0.330.080.57-0.05-0.07-0.06
-0.720.11-0.020.95-0.78-0.650.56-0.710.39-0.6-0.71-0.6-0.150.69-0.34-0.210.16-0.67-0.690.19-0.34-0.80.40.51-0.38
0.96-0.40.43-0.540.960.28-0.930.550.280.920.920.920.15-0.540.330.2-0.30.73-0.69-0.350.590.64-0.43-0.520.48
-0.340.74-0.540.09-0.34-0.220.32-0.05-0.06-0.23-0.34-0.23-0.190.050.02-0.18-0.14-0.330.19-0.350.11-0.27-0.29-0.080.02
0.670.060.13-0.270.640.15-0.440.620.320.430.680.430.5-0.530.710.38-0.630.08-0.340.590.110.42-0.82-0.790.49
0.69-0.070.31-0.780.730.89-0.50.92-0.270.540.70.540.26-0.90.590.22-0.290.57-0.80.64-0.270.42-0.6-0.680.3
-0.51-0.28-0.040.4-0.51-0.450.24-0.8-0.05-0.29-0.53-0.29-0.490.72-0.75-0.360.68-0.050.4-0.43-0.29-0.82-0.60.88-0.42
-0.58-0.010.010.44-0.58-0.540.3-0.89-0.08-0.31-0.58-0.31-0.630.85-0.61-0.460.53-0.070.51-0.52-0.08-0.79-0.680.88-0.59
0.33-0.1-0.18-0.30.350.2-0.340.51-0.030.330.270.330.47-0.560.160.3-0.35-0.06-0.380.480.020.490.3-0.42-0.59
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Edgewater Wireless Account Relationship Matchups

Edgewater Wireless fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets224.9K1.6M406.7K323.4K285.4K271.1K
Short Long Term Debt Total122.5K45.7K200.0K445.9K401.3K289.2K
Other Current Liab351.1K477.2K382.6K411.0K369.9K330.0K
Total Current Liabilities2.4M2.3M2.0M2.1M1.7M1.8M
Total Stockholder Equity(2.1M)(774.5K)(1.6M)(2.1M)(1.7M)(1.6M)
Property Plant And Equipment Net13.1K3.2K54.1K36.2K18.3K17.4K
Net Debt93.8K(1.4M)32.4K364.8K154.9K162.7K
Retained Earnings(44.8M)(45.6M)(46.6M)(47.4M)(47.6M)(45.2M)
Accounts Payable1.6M1.5M1.2M1.3M935.6K1.2M
Cash28.7K1.5M167.6K81.1K99.4K94.4K
Non Current Assets Total13.1K3.2K54.1K36.2K18.3K17.4K
Cash And Short Term Investments28.7K1.5M178.2K91.9K105.7K100.4K
Net Receivables178.5K15.1K16.6K13.2K24.6K0.0
Common Stock Shares Outstanding168.3M171.1M187.0M187.1M196.9M206.8M
Liabilities And Stockholders Equity224.9K1.6M406.7K323.4K371.9K353.3K
Other Current Assets168.0K46.7K161.2K170.7K196.4K100.4K
Other Stockholder Equity5.6M7.2M7.9M8.2M7.4M6.6M
Total Liab2.4M2.3M2.0M2.4M1.9M2.0M
Total Current Assets211.8K1.6M352.6K287.2K267.1K253.8K
Accumulated Other Comprehensive Income2.5M1.5M1.0M984.6K1.1M888.5K
Short Term Debt122.5K12.6K163.3K78.9K71.0K67.4K
Common Stock33.6M34.5M36.1M36.1M41.5M34.5M
Net Tangible Assets(2.1M)(774.5K)(1.6M)(2.1M)(1.9M)(2.0M)
Short Long Term Debt122.5K12.6K148.6K61.9K12.5K11.9K
Property Plant Equipment13.1K3.2K54.1K36.2K41.6K29.9K
Short Term Investments10.4K10.6K10.6K10.8K11.1K11.5K
Net Invested Capital(2.0M)(728.8K)(1.5M)(1.7M)(1.4M)(1.5M)
Net Working Capital(2.2M)(721.4K)(1.6M)(1.8M)(1.4M)(1.5M)

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When running Edgewater Wireless' price analysis, check to measure Edgewater Wireless' 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 Edgewater Wireless is operating at the current time. Most of Edgewater Wireless' value examination focuses on studying past and present price action to predict the probability of Edgewater Wireless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edgewater Wireless' price. Additionally, you may evaluate how the addition of Edgewater Wireless to your portfolios can decrease your overall portfolio volatility.