NKTX Stock | | | USD 2.87 0.12 4.01% |
Nkarta financial indicator trend analysis is infinitely more than just investigating Nkarta Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nkarta Inc is a good investment. Please check the relationship between Nkarta Payables Turnover and its Ev To Operating Cash Flow accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nkarta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Payables Turnover vs Ev To Operating Cash Flow
Payables Turnover vs Ev To Operating Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nkarta Inc Payables Turnover account and
Ev To Operating Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Nkarta's Payables Turnover and Ev To Operating Cash Flow is -0.99. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Ev To Operating Cash Flow in the same time period over historical financial statements of Nkarta Inc, assuming nothing else is changed. The correlation between historical values of Nkarta's Payables Turnover and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Nkarta Inc are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Payables Turnover i.e., Nkarta's Payables Turnover and Ev To Operating Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
Most indicators from Nkarta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nkarta Inc 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 Nkarta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Sales General And Administrative To Revenue is likely to rise to 42.97 in 2024, whereas
Selling General Administrative is likely to drop slightly above 20
M in 2024.
Nkarta fundamental ratios Correlations
Click cells to compare fundamentals
Nkarta Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nkarta fundamental ratios Accounts
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