Elixxer Selling General Administrative vs Reconciled Depreciation Analysis
ELXR Stock | CAD 1.15 0.00 0.00% |
Elixxer financial indicator trend analysis is much more than just examining Elixxer latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elixxer is a good investment. Please check the relationship between Elixxer Selling General Administrative and its Reconciled Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elixxer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative vs Reconciled Depreciation
Selling General Administrative vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elixxer Selling General Administrative account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Elixxer's Selling General Administrative and Reconciled Depreciation is -0.1. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Elixxer, assuming nothing else is changed. The correlation between historical values of Elixxer's Selling General Administrative and Reconciled 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 Selling General Administrative of Elixxer are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Selling General Administrative i.e., Elixxer's Selling General Administrative and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Reconciled Depreciation
Most indicators from Elixxer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elixxer 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 Elixxer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. Selling General Administrative is likely to climb to about 3.4 M in 2025
2024 | 2025 (projected) | Total Operating Expenses | 2.4M | 3.8M | Cost Of Revenue | 11.9M | 6.4M |
Elixxer fundamental ratios Correlations
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Elixxer Account Relationship Matchups
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