Eddy Price To Sales Ratio vs Capex To Depreciation Analysis
EDY Stock | 2.55 0.05 2.00% |
Eddy Smart financial indicator trend analysis is much more than just examining Eddy Smart Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eddy Smart Home is a good investment. Please check the relationship between Eddy Smart Price To Sales Ratio and its Capex To Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eddy Smart Home. 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.
Price To Sales Ratio vs Capex To Depreciation
Price To Sales Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eddy Smart Home Price To Sales Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Eddy Smart's Price To Sales Ratio and Capex To Depreciation is 0.3. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Eddy Smart Home, assuming nothing else is changed. The correlation between historical values of Eddy Smart's Price To Sales Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Eddy Smart Home are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., Eddy Smart's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Eddy Smart Home stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Eddy Smart sales, a figure that is much harder to manipulate than other Eddy Smart Home multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Eddy Smart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eddy Smart Home 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eddy Smart Home. 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. Selling General Administrative is likely to drop to about 6.5 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 297.9K | 13.0M | 10.3M | 6.5M | Depreciation And Amortization | 321.3K | 692.7K | 810.2K | 558.4K |
Eddy Smart fundamental ratios Correlations
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Eddy Smart Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Eddy Stock Analysis
When running Eddy Smart's price analysis, check to measure Eddy Smart'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 Eddy Smart is operating at the current time. Most of Eddy Smart's value examination focuses on studying past and present price action to predict the probability of Eddy Smart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eddy Smart's price. Additionally, you may evaluate how the addition of Eddy Smart to your portfolios can decrease your overall portfolio volatility.