IBC Free Cash Flow Per Share vs Price To Sales Ratio Analysis

IB Stock  CAD 0.08  0.02  20.00%   
IBC Advanced financial indicator trend analysis is infinitely more than just investigating IBC Advanced Alloys recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IBC Advanced Alloys is a good investment. Please check the relationship between IBC Advanced Free Cash Flow Per Share and its Price To Sales Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBC Advanced Alloys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Per Share vs Price To Sales Ratio

Free Cash Flow Per Share vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IBC Advanced Alloys Free Cash Flow Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IBC Advanced's Free Cash Flow Per Share and Price To Sales Ratio is -0.29. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of IBC Advanced Alloys, assuming nothing else is changed. The correlation between historical values of IBC Advanced's Free Cash Flow Per Share 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 Free Cash Flow Per Share of IBC Advanced Alloys 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 Free Cash Flow Per Share i.e., IBC Advanced's Free Cash Flow Per Share and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing IBC Advanced Alloys stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on IBC Advanced sales, a figure that is much harder to manipulate than other IBC Advanced Alloys 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 IBC Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IBC Advanced Alloys 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBC Advanced Alloys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to climb to 1,208 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.5 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses26.7M32.0M36.8M20.0M
Interest Expense1.6M2.4M2.8M2.9M

IBC Advanced fundamental ratios Correlations

0.70.730.180.950.67-0.760.760.040.940.040.770.650.680.540.760.770.940.750.730.920.60.54-0.740.7-0.49
0.70.54-0.040.690.46-0.840.720.030.620.030.450.550.490.130.80.550.690.520.460.750.30.29-0.690.7-0.73
0.730.54-0.410.690.94-0.70.72-0.30.7-0.30.930.960.530.270.650.990.70.970.980.760.920.82-0.370.83-0.67
0.18-0.04-0.410.15-0.470.07-0.220.550.20.55-0.17-0.55-0.070.340.12-0.380.13-0.39-0.36-0.07-0.45-0.44-0.49-0.470.43
0.950.690.690.150.7-0.730.73-0.130.98-0.130.690.650.70.410.710.730.80.740.710.860.50.62-0.690.67-0.44
0.670.460.94-0.470.7-0.630.61-0.530.71-0.530.870.960.630.160.540.960.570.980.960.720.840.85-0.270.8-0.6
-0.76-0.84-0.70.07-0.73-0.63-0.78-0.02-0.65-0.02-0.63-0.7-0.58-0.32-0.96-0.73-0.79-0.7-0.64-0.84-0.47-0.390.8-0.80.83
0.760.720.72-0.220.730.61-0.780.020.660.020.60.70.530.340.720.720.770.680.640.790.540.56-0.510.81-0.72
0.040.03-0.30.55-0.13-0.53-0.020.02-0.141.0-0.27-0.36-0.050.370.15-0.280.23-0.34-0.39-0.08-0.26-0.45-0.26-0.180.0
0.940.620.70.20.980.71-0.650.66-0.14-0.140.740.630.670.430.660.730.770.750.740.810.530.65-0.640.6-0.37
0.040.03-0.30.55-0.13-0.53-0.020.021.0-0.14-0.27-0.36-0.050.370.15-0.280.23-0.34-0.39-0.08-0.26-0.45-0.26-0.180.0
0.770.450.93-0.170.690.87-0.630.6-0.270.74-0.270.820.490.330.640.920.740.890.940.750.890.67-0.480.66-0.48
0.650.550.96-0.550.650.96-0.70.7-0.360.63-0.360.820.610.20.60.970.620.970.940.720.850.83-0.260.89-0.75
0.680.490.53-0.070.70.63-0.580.53-0.050.67-0.050.490.610.150.550.640.620.690.510.70.440.38-0.40.59-0.46
0.540.130.270.340.410.16-0.320.340.370.430.370.330.20.150.330.260.580.270.30.420.230.19-0.40.36-0.29
0.760.80.650.120.710.54-0.960.720.150.660.150.640.60.550.330.670.790.640.580.780.430.29-0.870.66-0.74
0.770.550.99-0.380.730.96-0.730.72-0.280.73-0.280.920.970.640.260.670.730.990.970.790.90.8-0.40.84-0.68
0.940.690.70.130.80.57-0.790.770.230.770.230.740.620.620.580.790.730.690.660.940.620.37-0.750.73-0.56
0.750.520.97-0.390.740.98-0.70.68-0.340.75-0.340.890.970.690.270.640.990.690.970.780.860.83-0.360.84-0.66
0.730.460.98-0.360.710.96-0.640.64-0.390.74-0.390.940.940.510.30.580.970.660.970.730.890.86-0.350.78-0.57
0.920.750.76-0.070.860.72-0.840.79-0.080.81-0.080.750.720.70.420.780.790.940.780.730.640.48-0.710.83-0.62
0.60.30.92-0.450.50.84-0.470.54-0.260.53-0.260.890.850.440.230.430.90.620.860.890.640.69-0.190.67-0.47
0.540.290.82-0.440.620.85-0.390.56-0.450.65-0.450.670.830.380.190.290.80.370.830.860.480.69-0.040.65-0.42
-0.74-0.69-0.37-0.49-0.69-0.270.8-0.51-0.26-0.64-0.26-0.48-0.26-0.4-0.4-0.87-0.4-0.75-0.36-0.35-0.71-0.19-0.04-0.390.4
0.70.70.83-0.470.670.8-0.80.81-0.180.6-0.180.660.890.590.360.660.840.730.840.780.830.670.65-0.39-0.86
-0.49-0.73-0.670.43-0.44-0.60.83-0.720.0-0.370.0-0.48-0.75-0.46-0.29-0.74-0.68-0.56-0.66-0.57-0.62-0.47-0.420.4-0.86
Click cells to compare fundamentals

IBC Advanced Account Relationship Matchups

IBC Advanced fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.3M25.2M27.6M28.3M32.6M20.1M
Other Current Liab2.6M2.5M3.1M2.5M2.9M1.6M
Total Current Liabilities9.5M12.9M17.9M22.4M25.8M27.0M
Total Stockholder Equity5.8M6.7M6.9M3.0M2.7M2.5M
Property Plant And Equipment Net8.6M11.6M14.6M11.9M13.6M8.5M
Net Debt8.6M8.8M12.5M14.8M17.0M17.9M
Retained Earnings(61.1M)(62.6M)(63.7M)(69.7M)(62.7M)(59.6M)
Accounts Payable1.7M2.8M3.6M3.1M3.6M2.0M
Cash509K2.4M478K83K74.7K71.0K
Non Current Assets Total8.9M12.3M16.5M13.1M15.1M10.5M
Cash And Short Term Investments509K2.4M478K83K74.7K71.0K
Net Receivables3.0M2.8M3.6M5.5M6.3M6.6M
Common Stock Shares Outstanding51.2M64.0M80.0M93.8M107.9M113.2M
Liabilities And Stockholders Equity19.3M25.2M27.6M28.3M32.6M20.1M
Non Current Liabilities Total4.0M5.6M2.9M3.0M3.4M2.7M
Other Current Assets187K275K282K328K377.2K202.8K
Other Stockholder Equity9.4M9.3M9.6M9.7M8.8M9.8M
Total Liab13.5M18.5M20.8M25.4M29.2M30.6M
Total Current Assets10.4M12.9M11.1M15.2M17.5M10.2M
Short Long Term Debt Total9.1M11.1M13.0M14.9M17.1M18.0M
Short Term Debt5.1M5.6M10.1M11.9M13.7M14.4M
Inventory6.6M7.5M6.8M9.3M10.7M5.6M
Current Deferred Revenue57K2.0M1.1M4.8M5.6M5.8M
Non Currrent Assets Other319K613K1.9M1.3M1.4M1.5M
Accumulated Other Comprehensive Income9.6M9.4M125K235K211.5K200.9K
Common Stock57.5M60.0M60.9M62.7M72.1M58.0M
Net Tangible Assets4.4M5.8M6.7M6.9M6.2M5.8M
Other Assets320K319K613K1.9M2.2M2.3M
Short Long Term Debt4.6M4.8M9.4M11.2M12.8M13.5M
Property Plant Equipment7.2M8.6M11.6M14.6M16.8M9.4M
Long Term Debt2.1M2.8M806K1.7M1.9M1.9M
Capital Lease Obligations2.3M3.5M2.8M2.1M2.4M1.6M
Net Invested Capital12.5M14.3M17.1M15.8M18.2M14.5M
Net Working Capital852K(23K)(6.8M)(7.2M)(6.5M)(6.1M)
Capital Stock57.5M60.0M60.9M62.7M72.1M65.1M

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IBC Advanced Alloys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Please note, there is a significant difference between IBC Advanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if IBC Advanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IBC Advanced'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.