Gold Price To Sales Ratio vs Ptb Ratio Analysis

YGT Stock  CAD 0.07  0.01  7.14%   
Gold Terra financial indicator trend analysis is much more than just examining Gold Terra Resource latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gold Terra Resource is a good investment. Please check the relationship between Gold Terra Price To Sales Ratio and its Ptb Ratio accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Gold Terra Resource. 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 Gold Terra Resource Price To Sales Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Gold Terra's Price To Sales Ratio and Ptb Ratio is 0.34. 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 Gold Terra Resource, assuming nothing else is changed. The correlation between historical values of Gold Terra's 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 Gold Terra Resource 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., Gold Terra's Price To Sales Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Gold Terra Resource stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Gold Terra sales, a figure that is much harder to manipulate than other Gold Terra Resource 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 Gold Terra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gold Terra Resource 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 Gold Terra Resource. 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, Gold Terra's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 4.9 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 59.33 in 2025.
 2020 2021 2024 2025 (projected)
Interest Income21.3K781.0702.9667.76
Net Interest Income20.4K781.0702.9667.76

Gold Terra fundamental ratios Correlations

0.780.771.00.89-0.33-0.970.820.161.00.190.34-0.060.97-0.66-0.230.890.210.90.750.90.920.890.480.590.87
0.780.830.780.75-0.41-0.780.690.220.770.010.42-0.240.84-0.50.240.920.270.690.460.690.670.70.10.770.74
0.770.830.770.8-0.55-0.770.870.420.74-0.150.550.090.73-0.320.090.880.460.60.60.60.620.560.310.520.57
1.00.780.770.88-0.33-0.970.810.161.00.190.34-0.050.97-0.66-0.240.880.210.90.750.90.920.90.490.590.87
0.890.750.80.88-0.26-0.820.850.080.89-0.280.27-0.180.89-0.52-0.20.920.120.780.750.780.80.740.310.680.72
-0.33-0.41-0.55-0.33-0.260.33-0.37-0.96-0.240.06-0.99-0.28-0.24-0.05-0.13-0.33-0.97-0.16-0.08-0.16-0.12-0.16-0.28-0.01-0.15
-0.97-0.78-0.77-0.97-0.820.33-0.76-0.15-0.96-0.25-0.330.06-0.930.620.13-0.85-0.2-0.9-0.67-0.91-0.93-0.9-0.49-0.55-0.87
0.820.690.870.810.85-0.37-0.760.190.81-0.130.370.090.81-0.39-0.180.870.240.640.730.640.670.620.240.550.63
0.160.220.420.160.08-0.96-0.150.190.07-0.020.940.390.030.190.140.131.0-0.03-0.02-0.04-0.06-0.040.31-0.2-0.06
1.00.770.741.00.89-0.24-0.960.810.070.190.25-0.10.98-0.68-0.250.890.110.910.770.910.930.910.450.620.88
0.190.01-0.150.19-0.280.06-0.25-0.13-0.020.19-0.060.170.14-0.31-0.09-0.11-0.030.230.00.240.240.320.28-0.150.3
0.340.420.550.340.27-0.99-0.330.370.940.25-0.060.270.250.040.110.340.960.20.10.190.150.190.280.020.18
-0.06-0.240.09-0.05-0.18-0.280.060.090.39-0.10.170.27-0.210.42-0.04-0.240.38-0.210.12-0.21-0.15-0.230.31-0.59-0.28
0.970.840.730.970.89-0.24-0.930.810.030.980.140.25-0.21-0.69-0.150.930.080.890.70.890.90.90.310.740.9
-0.66-0.5-0.32-0.66-0.52-0.050.62-0.390.19-0.68-0.310.040.42-0.690.35-0.550.15-0.76-0.26-0.76-0.74-0.79-0.3-0.52-0.8
-0.230.240.09-0.24-0.2-0.130.13-0.180.14-0.25-0.090.11-0.04-0.150.35-0.020.13-0.24-0.29-0.24-0.28-0.22-0.26-0.01-0.18
0.890.920.880.880.92-0.33-0.850.870.130.89-0.110.34-0.240.93-0.55-0.020.180.780.660.780.790.770.190.820.8
0.210.270.460.210.12-0.97-0.20.241.00.11-0.030.960.380.080.150.130.180.020.010.01-0.010.010.33-0.16-0.01
0.90.690.60.90.78-0.16-0.90.64-0.030.910.230.2-0.210.89-0.76-0.240.780.020.61.00.990.990.520.580.97
0.750.460.60.750.75-0.08-0.670.73-0.020.770.00.10.120.7-0.26-0.290.660.010.60.60.660.580.480.330.53
0.90.690.60.90.78-0.16-0.910.64-0.040.910.240.19-0.210.89-0.76-0.240.780.011.00.60.990.990.510.580.97
0.920.670.620.920.8-0.12-0.930.67-0.060.930.240.15-0.150.9-0.74-0.280.79-0.010.990.660.990.980.520.560.95
0.890.70.560.90.74-0.16-0.90.62-0.040.910.320.19-0.230.9-0.79-0.220.770.010.990.580.990.980.490.590.99
0.480.10.310.490.31-0.28-0.490.240.310.450.280.280.310.31-0.3-0.260.190.330.520.480.510.520.49-0.250.38
0.590.770.520.590.68-0.01-0.550.55-0.20.62-0.150.02-0.590.74-0.52-0.010.82-0.160.580.330.580.560.59-0.250.67
0.870.740.570.870.72-0.15-0.870.63-0.060.880.30.18-0.280.9-0.8-0.180.8-0.010.970.530.970.950.990.380.67
Click cells to compare fundamentals

Gold Terra Account Relationship Matchups

Gold Terra fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets41.4M42.6M49.1M50.9M58.5M61.4M
Other Current Liab216.4K198.4K297.4K553.9K637.0K668.8K
Total Current Liabilities560.0K297.4K903.7K698.8K803.6K843.8K
Total Stockholder Equity40.8M42.1M47.7M49.4M56.8M59.6M
Property Plant And Equipment Net37.8M5.2K45.7M49.2M56.5M59.4M
Net Debt(4.7M)(3.3M)(2.1M)(3.1M)(2.8M)(2.9M)
Retained Earnings(16.4M)(18.9M)(20.8M)(23.0M)(20.7M)(19.7M)
Accounts Payable361.5K169.8K349.8K514.6K591.8K621.4K
Cash3.3M2.1M3.1M1.1M1.3M2.4M
Non Current Assets Total37.9M40.3M45.8M49.3M56.7M59.5M
Non Currrent Assets Other165K25K152.5K40.1M175.4K166.7K
Cash And Short Term Investments4.8M3.3M2.1M3.1M3.5M2.5M
Net Receivables106.1K91.2K82.8K24.0K27.6K26.2K
Common Stock Shares Outstanding172.0M189.2M217.0M281.2M323.4M339.6M
Liabilities And Stockholders Equity37.4M41.4M42.6M49.1M56.5M59.3M
Other Stockholder Equity3.5M4.0M4.3M4.6M5.2M5.7M
Total Liab585.0K455.4K1.4M1.5M1.7M1.8M
Total Current Assets3.5M2.3M3.3M1.6M1.8M2.5M
Net Tangible Assets36.7M40.8M42.1M47.7M54.8M38.3M
Non Current Liabilities Total25K158K544K785.9K903.8K949.0K
Common Stock47.7M53.3M56.7M63.9M73.5M50.4M
Property Plant Equipment32.3M37.8M40.1M45.7M52.5M35.0M
Net Invested Capital36.7M40.8M47.7M49.4M56.8M41.8M
Net Working Capital4.3M2.9M2.4M857.9K986.6K937.2K
Other Liab7K25K158K544K625.6K656.9K
Capital Stock47.7M53.3M63.9M67.7M77.9M59.6M

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Additional Tools for Gold Stock Analysis

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