Eguana Capex To Depreciation vs Ptb Ratio Analysis

EGT Stock  CAD 0.01  0.01  50.00%   
Eguana Technologies financial indicator trend analysis is much more than just examining Eguana Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eguana Technologies is a good investment. Please check the relationship between Eguana Technologies Capex To Depreciation and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eguana Technologies. 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.

Capex To Depreciation vs Ptb Ratio

Capex To Depreciation vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eguana Technologies Capex To Depreciation account and Ptb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Eguana Technologies' Capex To Depreciation and Ptb Ratio is 0.05. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Eguana Technologies, assuming nothing else is changed. The correlation between historical values of Eguana Technologies' Capex To Depreciation and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Eguana Technologies are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Capex To Depreciation i.e., Eguana Technologies' Capex To Depreciation and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Eguana Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eguana Technologies 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 Eguana Technologies. 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.
At this time, Eguana Technologies' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 37.7 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (10.01) in 2024.
 2021 2022 2023 2024 (projected)
Research Development2.0M3.4M4.6M4.8M
Cost Of Revenue6.7M13.8M13.6M14.3M

Eguana Technologies fundamental ratios Correlations

0.790.55-0.010.90.67-0.680.430.80.560.820.760.70.830.140.781.00.70.71-0.110.040.780.81-0.37-0.110.34
0.790.82-0.570.950.98-0.850.640.330.530.950.980.820.960.090.980.780.930.8-0.12-0.010.860.98-0.79-0.130.09
0.550.82-0.710.790.83-0.850.740.090.20.790.850.760.720.050.870.550.790.770.030.420.810.77-0.78-0.360.1
-0.01-0.57-0.71-0.38-0.70.54-0.630.49-0.04-0.4-0.56-0.41-0.52-0.05-0.620.0-0.58-0.36-0.08-0.13-0.42-0.460.70.180.17
0.90.950.79-0.380.89-0.890.660.540.490.950.920.890.930.080.940.90.860.88-0.190.020.880.94-0.65-0.250.22
0.670.980.83-0.70.89-0.820.650.150.510.890.960.760.930.110.960.650.920.74-0.06-0.010.830.94-0.84-0.090.02
-0.68-0.85-0.850.54-0.89-0.82-0.85-0.29-0.21-0.86-0.85-0.96-0.78-0.24-0.86-0.69-0.76-0.950.390.02-0.87-0.80.70.43-0.05
0.430.640.74-0.630.660.65-0.850.13-0.190.560.60.760.650.310.720.460.650.73-0.270.030.640.49-0.51-0.66-0.08
0.80.330.090.490.540.15-0.290.130.230.430.260.40.41-0.030.320.820.250.42-0.2-0.020.320.360.16-0.230.38
0.560.530.2-0.040.490.51-0.21-0.190.230.520.550.210.550.140.460.490.410.210.12-0.10.520.65-0.380.710.32
0.820.950.79-0.40.950.89-0.860.560.430.520.970.860.860.060.90.810.850.87-0.22-0.030.870.97-0.78-0.150.11
0.760.980.85-0.560.920.96-0.850.60.260.550.970.810.90.110.940.740.90.81-0.10.030.90.98-0.85-0.080.07
0.70.820.76-0.410.890.76-0.960.760.40.210.860.810.750.040.80.710.660.99-0.52-0.140.80.8-0.65-0.44-0.02
0.830.960.72-0.520.930.93-0.780.650.410.550.860.90.750.170.970.810.880.71-0.07-0.060.830.91-0.65-0.090.16
0.140.090.05-0.050.080.11-0.240.31-0.030.140.060.110.040.170.140.130.170.04-0.06-0.080.340.04-0.060.180.11
0.780.980.87-0.620.940.96-0.860.720.320.460.90.940.80.970.140.780.910.78-0.040.110.880.93-0.74-0.190.14
1.00.780.550.00.90.65-0.690.460.820.490.810.740.710.810.130.780.690.72-0.120.060.770.79-0.35-0.180.33
0.70.930.79-0.580.860.92-0.760.650.250.410.850.90.660.880.170.910.690.670.090.080.780.86-0.73-0.210.12
0.710.80.77-0.360.880.74-0.950.730.420.210.870.810.990.710.040.780.720.67-0.49-0.090.810.79-0.65-0.450.03
-0.11-0.120.03-0.08-0.19-0.060.39-0.27-0.20.12-0.22-0.1-0.52-0.07-0.06-0.04-0.120.09-0.490.67-0.09-0.140.110.270.45
0.04-0.010.42-0.130.02-0.010.020.03-0.02-0.1-0.030.03-0.14-0.06-0.080.110.060.08-0.090.670.12-0.030.01-0.140.37
0.780.860.81-0.420.880.83-0.870.640.320.520.870.90.80.830.340.880.770.780.81-0.090.120.87-0.72-0.060.18
0.810.980.77-0.460.940.94-0.80.490.360.650.970.980.80.910.040.930.790.860.79-0.14-0.030.87-0.790.00.09
-0.37-0.79-0.780.7-0.65-0.840.7-0.510.16-0.38-0.78-0.85-0.65-0.65-0.06-0.74-0.35-0.73-0.650.110.01-0.72-0.790.010.23
-0.11-0.13-0.360.18-0.25-0.090.43-0.66-0.230.71-0.15-0.08-0.44-0.090.18-0.19-0.18-0.21-0.450.27-0.14-0.060.00.010.1
0.340.090.10.170.220.02-0.05-0.080.380.320.110.07-0.020.160.110.140.330.120.030.450.370.180.090.230.1
Click cells to compare fundamentals

Eguana Technologies Account Relationship Matchups

Eguana Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6M3.8M14.9M47.4M21.5M22.5M
Short Long Term Debt Total5.5M9.3M655.7K36.5M42.0M44.1M
Total Current Liabilities7.2M8.2M11.2M11.1M19.1M20.1M
Total Stockholder Equity(11.0M)(17.5M)3.5M3.6M(25.1M)(23.9M)
Property Plant And Equipment Net405.1K782.5K815.7K2.5M2.0M2.1M
Net Debt5.0M8.8M(3.9M)21.4M34.1M35.8M
Retained Earnings(68.7M)(76.9M)(87.3M)(104.1M)(139.7M)(132.7M)
Accounts Payable4.3M4.6M3.6M4.2M4.9M5.1M
Cash480.2K527.7K4.6M15.0M814.0K773.3K
Non Current Assets Total405.1K782.5K973.7K2.6M2.4M2.2M
Cash And Short Term Investments480.2K527.7K4.6M15.0M17.3M18.2M
Net Receivables809.9K684.3K2.5M13.5M20.0M21.0M
Common Stock Shares Outstanding223.1M227.6M299.3M393.4M449.0M471.4M
Liabilities And Stockholders Equity4.6M3.8M14.9M47.4M54.5M57.2M
Non Current Liabilities Total8.4M13.0M188.8K32.7M27.5M28.9M
Other Stockholder Equity11.9M13.5M15.2M13.7M15.8M13.9M
Total Liab15.6M21.2M11.4M43.8M46.6M48.9M
Total Current Assets4.1M3.0M13.9M44.8M19.0M20.0M
Short Term Debt1.1M1.5M466.9K3.8M4.4M4.6M
Common Stock45.4M45.6M75.3M85.2M98.0M102.9M
Other Current Liab980.1K1.6M7.1M3.0M2.9M3.0M
Inventory2.4M1.5M5.9M7.0M8.5M8.9M
Other Current Assets491.0K253.4K930.5K9.2M10.6M11.1M
Accumulated Other Comprehensive Income(152.9K)(229.7K)(244.4K)8.8M10.2M10.7M
Other Liab529.5K443.0K340.9K842.3K758.0K460.7K
Net Tangible Assets(11.6M)(18.0M)2.8M9.6M11.1M11.6M
Long Term Debt2.5M4.4M7.6M31.8M26.7M28.1M
Short Long Term Debt1.1M1.3M283.2K3.6M8.2M8.6M
Property Plant Equipment405.1K782.5K815.7K2.1M2.5M2.6M
Current Deferred Revenue796.6K610.9K95.4K28.3K25.5K24.2K
Non Current Liabilities Other521.7K443.0K340.9K842.3K968.6K603.3K
Net Invested Capital(6.1M)(9.1M)3.2M39.0M9.8M5.5M
Net Working Capital(3.0M)(5.2M)2.7M33.7M(63.9K)(60.7K)
Capital Stock45.9M46.2M75.9M85.2M92.1M71.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Eguana Stock Analysis

When running Eguana Technologies' price analysis, check to measure Eguana Technologies' 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 Eguana Technologies is operating at the current time. Most of Eguana Technologies' value examination focuses on studying past and present price action to predict the probability of Eguana Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eguana Technologies' price. Additionally, you may evaluate how the addition of Eguana Technologies to your portfolios can decrease your overall portfolio volatility.