| CELZ Stock | | | USD 2.31 0.12 4.94% |
Creative Medical financial indicator trend analysis is way more than just evaluating Creative Medical Tec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Creative Medical Tec is a good investment. Please check the relationship between Creative Medical Net Debt and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Creative Medical Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Net Debt vs Retained Earnings
Net Debt vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Creative Medical Tec Net Debt account and
Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Creative Medical's Net Debt and Retained Earnings is 0.55. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Creative Medical Technology, assuming nothing else is changed. The correlation between historical values of Creative Medical's Net Debt and Retained Earnings 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 Debt of Creative Medical Technology are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Creative Medical's Net Debt and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.55 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Creative Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Creative Medical Tec 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 Creative Medical Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Creative Medical's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 3.2
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Creative Medical fundamental ratios Correlations
Click cells to compare fundamentals
Creative Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Creative Medical fundamental ratios Accounts
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Additional Tools for Creative Stock Analysis
When running Creative Medical's price analysis, check to
measure Creative Medical'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 Creative Medical is operating at the current time. Most of Creative Medical's value examination focuses on studying past and present price action to
predict the probability of Creative Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creative Medical's price. Additionally, you may evaluate how the addition of Creative Medical to your portfolios can decrease your overall portfolio volatility.