| FDUS Stock | | | USD 21.29 0.21 1.00% |
Fidus Investment financial indicator trend analysis is much more than just examining Fidus Investment Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidus Investment Corp is a good investment. Please check the relationship between Fidus Investment Depreciation And Amortization and its Total Current Liabilities accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidus Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Depreciation And Amortization vs Total Current Liabilities
Depreciation And Amortization vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fidus Investment Corp Depreciation And Amortization account and
Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fidus Investment's Depreciation And Amortization and Total Current Liabilities is 0.45. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Fidus Investment Corp, assuming nothing else is changed. The correlation between historical values of Fidus Investment's Depreciation And Amortization and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Fidus Investment Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Depreciation And Amortization i.e., Fidus Investment's Depreciation And Amortization and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.45 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Total Current Liabilities
Total Current Liabilities is an item on Fidus Investment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fidus Investment Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Fidus Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidus Investment Corp 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 Fidus Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, Fidus Investment's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 14
M in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(332.44).
Fidus Investment fundamental ratios Correlations
Click cells to compare fundamentals
Fidus Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fidus Investment fundamental ratios Accounts
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Additional Tools for Fidus Stock Analysis
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