AQMS Stock | | | USD 2.00 0.16 7.41% |
Aqua Metals financial indicator trend analysis is way more than just evaluating Aqua Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aqua Metals is a good investment. Please check the relationship between Aqua Metals Net Tangible Assets and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aqua Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Aqua Stock please use our
How to Invest in Aqua Metals guide.
Net Tangible Assets vs Property Plant And Equipment Net
Net Tangible Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aqua Metals Net Tangible Assets account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Aqua Metals' Net Tangible Assets and Property Plant And Equipment Net is 0.91. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Aqua Metals, assuming nothing else is changed. The correlation between historical values of Aqua Metals' Net Tangible Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Aqua Metals are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Tangible Assets i.e., Aqua Metals' Net Tangible Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Aqua Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aqua Metals 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 Aqua Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Aqua Stock please use our
How to Invest in Aqua Metals guide.
Enterprise Value is likely to gain to about 91.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 10.2
M in 2024.
Aqua Metals fundamental ratios Correlations
Click cells to compare fundamentals
Aqua Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aqua Metals fundamental ratios Accounts
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Additional Tools for Aqua Stock Analysis
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