YNV Stock | | | CAD 0.14 0.02 16.67% |
Ynvisible Interactive financial indicator trend analysis is more than just analyzing Ynvisible Interactive current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ynvisible Interactive is a good investment. Please check the relationship between Ynvisible Interactive Ev To Sales and its Inventory Turnover accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ynvisible Interactive. 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.
Ev To Sales vs Inventory Turnover
Ev To Sales vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ynvisible Interactive Ev To Sales account and
Inventory Turnover. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ynvisible Interactive's Ev To Sales and Inventory Turnover is 0.38. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Ynvisible Interactive, assuming nothing else is changed. The correlation between historical values of Ynvisible Interactive's Ev To Sales 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 Ev To Sales of Ynvisible Interactive 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 Ev To Sales i.e., Ynvisible Interactive's Ev To Sales and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
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 Ynvisible Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ynvisible Interactive 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 Ynvisible Interactive. 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, Ynvisible Interactive's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 4.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.7
M in 2024.
Ynvisible Interactive fundamental ratios Correlations
Click cells to compare fundamentals
Ynvisible Interactive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ynvisible Interactive fundamental ratios Accounts
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