Montana Free Cash Flow vs Capital Expenditures Analysis
AIRJW Stock | 1.39 0.05 3.73% |
Montana Technologies financial indicator trend analysis is infinitely more than just investigating Montana Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Montana Technologies is a good investment. Please check the relationship between Montana Technologies Free Cash Flow and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Montana Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. For more information on how to buy Montana Stock please use our How to Invest in Montana Technologies guide.
Free Cash Flow vs Capital Expenditures
Free Cash Flow vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Montana Technologies Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.
The correlation between Montana Technologies' Free Cash Flow and Capital Expenditures is 0.67. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Montana Technologies, assuming nothing else is changed. The correlation between historical values of Montana Technologies' Free Cash Flow and Capital Expenditures 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 of Montana Technologies are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., Montana Technologies' Free Cash Flow and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Capital Expenditures
Capital Expenditures are funds used by Montana Technologies to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Montana Technologies operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Montana Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Montana Technologies 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 Montana Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. For more information on how to buy Montana Stock please use our How to Invest in Montana Technologies guide.At this time, Montana Technologies' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 97.27 in 2024, whereas Selling General Administrative is likely to drop slightly above 781.2 K in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 509.0 | 24.3K | 28.0K | 29.4K | Total Operating Expenses | 2.3M | 2.8M | 6.3M | 4.2M |
Montana Technologies fundamental ratios Correlations
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Montana Technologies 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.Additional Tools for Montana Stock Analysis
When running Montana Technologies' price analysis, check to measure Montana Technologies' 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 Montana Technologies is operating at the current time. Most of Montana Technologies' value examination focuses on studying past and present price action to predict the probability of Montana Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montana Technologies' price. Additionally, you may evaluate how the addition of Montana Technologies to your portfolios can decrease your overall portfolio volatility.