Aptamer Change In Cash vs Net Income Analysis
APTA Stock | 0.35 0.01 2.78% |
Aptamer Group financial indicator trend analysis is way more than just evaluating Aptamer Group PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aptamer Group PLC is a good investment. Please check the relationship between Aptamer Group Change In Cash and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aptamer Group PLC. 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.
Change In Cash vs Net Income
Change In Cash vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aptamer Group PLC Change In Cash account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aptamer Group's Change In Cash and Net Income is 0.64. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Income in the same time period over historical financial statements of Aptamer Group PLC, assuming nothing else is changed. The correlation between historical values of Aptamer Group's Change In Cash and Net Income 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 Aptamer Group PLC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Cash i.e., Aptamer Group's Change In Cash and Net Income go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Change In Cash
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Aptamer Group PLC financial statement analysis. It represents the amount of money remaining after all of Aptamer Group PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Aptamer Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aptamer Group PLC 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 Aptamer Group PLC. 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. Tax Provision is likely to drop to about (279.9 K) in 2024. Selling General Administrative is likely to drop to about 1.2 M in 2024
2023 | 2024 (projected) | Depreciation And Amortization | 245K | 194.5K | Interest Income | 33.3 | 34.4 |
Aptamer Group fundamental ratios Correlations
Click cells to compare fundamentals
Aptamer Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Aptamer Group's price analysis, check to measure Aptamer Group'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 Aptamer Group is operating at the current time. Most of Aptamer Group's value examination focuses on studying past and present price action to predict the probability of Aptamer Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aptamer Group's price. Additionally, you may evaluate how the addition of Aptamer Group to your portfolios can decrease your overall portfolio volatility.