Aptamer Non Current Assets Total vs Net Invested Capital Analysis
APTA Stock | 0.37 0.02 5.71% |
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 Non Current Assets Total and its Net Invested Capital 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.
Non Current Assets Total vs Net Invested Capital
Non Current Assets Total vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aptamer Group PLC Non Current Assets Total account and Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aptamer Group's Non Current Assets Total and Net Invested Capital is -0.01. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Invested Capital 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 Non Current Assets Total and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Aptamer Group PLC are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Non Current Assets Total i.e., Aptamer Group's Non Current Assets Total and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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
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Aptamer Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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