Green Capex To Depreciation vs Ev To Sales Analysis
GIP Stock | 3.61 0.19 5.00% |
Green Impact financial indicator trend analysis is much more than just examining Green Impact Partners latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Green Impact Partners is a good investment. Please check the relationship between Green Impact Capex To Depreciation and its Ev To Sales accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Impact Partners. 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 Ev To Sales
Capex To Depreciation vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Green Impact Partners Capex To Depreciation account and Ev To Sales. At this time, the significance of the direction appears to have pay attention.
The correlation between Green Impact's Capex To Depreciation and Ev To Sales is -0.75. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Green Impact Partners, assuming nothing else is changed. The correlation between historical values of Green Impact's Capex To Depreciation and Ev To Sales 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 Green Impact Partners are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Capex To Depreciation i.e., Green Impact's Capex To Depreciation and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.75 |
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.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most indicators from Green Impact's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Green Impact Partners 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Green Impact Partners. 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, Green Impact's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.08 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.4M | 5.4M | 7.7M | 7.2M | Total Revenue | 129.0M | 213.7M | 161.2M | 164.9M |
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