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 Non Currrent Assets Other and its Common Stock Shares Outstanding 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.
Non Currrent Assets Other vs Common Stock Shares Outstanding
Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Eguana Technologies Non Currrent Assets Other account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Eguana Technologies' Non Currrent Assets Other and Common Stock Shares Outstanding is -0.52. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding 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' Non Currrent Assets Other and Common Stock Shares Outstanding 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 Currrent Assets Other of Eguana Technologies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., Eguana Technologies' Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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.
Eguana Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Eguana Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eguana Technologies fundamental ratios Accounts
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Additional Tools for Eguana Stock Analysis
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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
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