FC Stock | | | USD 37.58 0.27 0.72% |
Franklin Covey financial indicator trend analysis is much more than just examining Franklin Covey latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Covey is a good investment. Please check the relationship between Franklin Covey Capex To Depreciation and its Free Cash Flow Yield accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
For information on how to trade Franklin Stock refer to our
How to Trade Franklin Stock guide.
Capex To Depreciation vs Free Cash Flow Yield
Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Franklin Covey Capex To Depreciation account and
Free Cash Flow Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Franklin Covey's Capex To Depreciation and Free Cash Flow Yield is -0.71. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Franklin Covey, assuming nothing else is changed. The correlation between historical values of Franklin Covey's Capex To Depreciation and Free Cash Flow Yield 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 Franklin Covey are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Capex To Depreciation i.e., Franklin Covey's Capex To Depreciation and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Franklin Covey's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Covey 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 Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
For information on how to trade Franklin Stock refer to our
How to Trade Franklin Stock guide.The current year's
Tax Provision is expected to grow to about 10.1
M, whereas
Selling General Administrative is forecasted to decline to about 121.1
M.
Franklin Covey fundamental ratios Correlations
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Franklin Covey Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Franklin Covey fundamental ratios Accounts