Acrivon Change In Cash vs Depreciation Analysis
ACRV Stock | 7.44 0.14 1.85% |
Acrivon Therapeutics, financial indicator trend analysis is way more than just evaluating Acrivon Therapeutics, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acrivon Therapeutics, is a good investment. Please check the relationship between Acrivon Therapeutics, Change In Cash and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acrivon Therapeutics, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Change In Cash vs Depreciation
Change In Cash vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acrivon Therapeutics, Change In Cash account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Acrivon Therapeutics,'s Change In Cash and Depreciation is -0.21. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of Acrivon Therapeutics, Common, assuming nothing else is changed. The correlation between historical values of Acrivon Therapeutics,'s Change In Cash and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Acrivon Therapeutics, Common are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., Acrivon Therapeutics,'s Change In Cash and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change In Cash
Depreciation
Depreciation indicates how much of Acrivon Therapeutics, value has been used up. For tax purposes Acrivon Therapeutics, can deduct the cost of the tangible assets it purchases as business expenses. However, Acrivon Therapeutics, Common must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Acrivon Therapeutics,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acrivon Therapeutics, 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 Acrivon Therapeutics, Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. Selling General Administrative is likely to climb to about 22.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 16.2M | 32.7M | 66.7M | 70.0M | Cost Of Revenue | 832K | 1.1M | 536K | 680.9K |
Acrivon Therapeutics, fundamental ratios Correlations
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Acrivon Therapeutics, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Acrivon Stock Analysis
When running Acrivon Therapeutics,'s price analysis, check to measure Acrivon Therapeutics,'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 Acrivon Therapeutics, is operating at the current time. Most of Acrivon Therapeutics,'s value examination focuses on studying past and present price action to predict the probability of Acrivon Therapeutics,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acrivon Therapeutics,'s price. Additionally, you may evaluate how the addition of Acrivon Therapeutics, to your portfolios can decrease your overall portfolio volatility.