MKDWELL Capex To Revenue vs Ptb Ratio Analysis
MKDW Stock | 0.96 0.04 4.00% |
MKDWELL Tech financial indicator trend analysis is infinitely more than just investigating MKDWELL Tech Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MKDWELL Tech Ordinary is a good investment. Please check the relationship between MKDWELL Tech Capex To Revenue and its Ptb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Capex To Revenue vs Ptb Ratio
Capex To Revenue vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Ordinary Capex To Revenue account and Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between MKDWELL Tech's Capex To Revenue and Ptb Ratio is -0.92. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of MKDWELL Tech Ordinary, assuming nothing else is changed. The correlation between historical values of MKDWELL Tech's Capex To Revenue and Ptb Ratio 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 Revenue of MKDWELL Tech Ordinary are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Capex To Revenue i.e., MKDWELL Tech's Capex To Revenue and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.92 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from MKDWELL Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MKDWELL Tech Ordinary 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MKDWELL Tech Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Selling General Administrative is likely to drop to about 1.2 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.26 in 2024
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 304.1K | 390.0K | 244.4K | 250.3K | Depreciation And Amortization | 600.6K | 528.1K | 563.0K | 451.1K |
MKDWELL Tech fundamental ratios Correlations
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MKDWELL Tech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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