Allied Capex To Depreciation vs Price To Sales Ratio Analysis
| AAUC Stock | 16.72 0.05 0.30% |
Allied Gold financial indicator trend analysis is way more than just evaluating Allied Gold prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allied Gold is a good investment. Please check the relationship between Allied Gold Capex To Depreciation and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade Allied Stock refer to our How to Trade Allied Stock guide.
Capex To Depreciation vs Price To Sales Ratio
Capex To Depreciation vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allied Gold Capex To Depreciation account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Allied Gold's Capex To Depreciation and Price To Sales Ratio is -0.98. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Allied Gold, assuming nothing else is changed. The correlation between historical values of Allied Gold's Capex To Depreciation 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 Capex To Depreciation of Allied Gold 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 Capex To Depreciation i.e., Allied Gold's Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.98 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Allied Gold stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Allied Gold sales, a figure that is much harder to manipulate than other Allied Gold 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 Allied Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allied Gold 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade Allied Stock refer to our How to Trade Allied Stock guide.At present, Allied Gold's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 13.82, whereas Tax Provision is forecasted to decline to about 62.1 M.
| 2010 | 2023 | 2024 | 2025 (projected) | Gross Profit | 129.4M | 106.8M | 220.2M | 167.4M | Total Revenue | 669.6M | 655.7M | 730.4M | 753.7M |
Allied Gold fundamental ratios Correlations
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Allied Gold 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.When determining whether Allied Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allied Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Allied Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allied Gold Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For information on how to trade Allied Stock refer to our How to Trade Allied Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allied Gold. If investors know Allied will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allied Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.11) | Revenue Per Share | Quarterly Revenue Growth 0.979 | Return On Assets | Return On Equity |
The market value of Allied Gold is measured differently than its book value, which is the value of Allied that is recorded on the company's balance sheet. Investors also form their own opinion of Allied Gold's value that differs from its market value or its book value, called intrinsic value, which is Allied Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allied Gold's market value can be influenced by many factors that don't directly affect Allied Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allied Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allied Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allied Gold'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.