MKDWELL Free Cash Flow Yield vs Capex To Depreciation 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 Free Cash Flow Yield and its Capex To Depreciation 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.

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MKDWELL Tech Ordinary Free Cash Flow Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MKDWELL Tech's Free Cash Flow Yield and Capex To Depreciation is -0.69. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Depreciation 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 Free Cash Flow Yield and Capex To 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 Free Cash Flow Yield of MKDWELL Tech Ordinary are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Yield i.e., MKDWELL Tech's Free Cash Flow Yield and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

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.

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.
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 Expense304.1K390.0K244.4K250.3K
Depreciation And Amortization600.6K528.1K563.0K451.1K

MKDWELL Tech fundamental ratios Correlations

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-0.44-0.59-0.130.510.630.891.0-0.83-0.240.99-0.65-0.82-0.590.990.93-0.82-0.59-0.7-0.45-0.620.93-0.32-0.970.970.89
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-0.840.51-0.99-0.82-0.180.840.51-0.84-0.880.51-0.84-0.88-0.950.510.79-0.6-0.96-0.92-0.99-0.980.7-0.91-0.580.530.82
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0.96-0.240.870.99-0.880.16-0.57-0.260.74-0.180.870.760.92-0.18-0.520.60.920.860.950.88-0.551.00.41-0.37-0.54
-0.340.99-0.58-0.050.510.530.890.97-0.78-0.18-0.57-0.77-0.541.00.93-0.72-0.54-0.64-0.42-0.60.88-0.26-0.920.910.91
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-0.340.99-0.58-0.050.510.530.890.97-0.78-0.181.0-0.57-0.77-0.540.93-0.72-0.54-0.64-0.42-0.60.88-0.26-0.920.910.91
-0.640.93-0.84-0.410.790.340.990.92-0.93-0.520.93-0.79-0.94-0.810.93-0.81-0.81-0.87-0.73-0.850.95-0.59-0.920.90.99
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0.94-0.590.980.86-0.96-0.04-0.84-0.60.930.92-0.540.950.951.0-0.54-0.810.770.990.980.99-0.810.950.7-0.66-0.82
0.93-0.70.950.8-0.92-0.2-0.88-0.710.980.86-0.640.980.980.99-0.64-0.870.860.990.930.97-0.890.90.81-0.77-0.86
0.91-0.450.980.9-0.990.16-0.78-0.460.840.95-0.420.880.870.97-0.42-0.730.630.980.930.98-0.690.960.56-0.51-0.76
0.89-0.621.00.81-0.980.01-0.89-0.630.920.88-0.60.920.950.99-0.6-0.850.730.990.970.98-0.810.910.71-0.66-0.87
-0.730.93-0.77-0.460.70.560.920.95-0.97-0.550.88-0.88-0.95-0.820.880.95-0.95-0.81-0.89-0.69-0.81-0.62-0.990.980.91
0.97-0.320.90.98-0.910.1-0.64-0.350.791.0-0.260.90.810.95-0.26-0.590.650.950.90.960.91-0.620.49-0.45-0.6
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-0.590.97-0.61-0.270.530.710.850.98-0.89-0.370.91-0.78-0.86-0.670.910.9-0.93-0.66-0.77-0.51-0.660.98-0.45-1.00.85
-0.620.89-0.86-0.420.820.241.00.88-0.91-0.540.91-0.77-0.93-0.810.910.99-0.75-0.82-0.86-0.76-0.870.91-0.6-0.880.85
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MKDWELL Tech Account Relationship Matchups

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