FiscalNote Free Cash Flow vs Change To Inventory Analysis
| NOTE Stock | USD 1.17 0.03 2.50% |
FiscalNote Holdings financial indicator trend analysis is much more than just examining FiscalNote Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FiscalNote Holdings is a good investment. Please check the relationship between FiscalNote Holdings Free Cash Flow and its Change To Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in FiscalNote Holdings. 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. For information on how to trade FiscalNote Stock refer to our How to Trade FiscalNote Stock guide.
Free Cash Flow vs Change To Inventory
Free Cash Flow vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FiscalNote Holdings Free Cash Flow account and Change To Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between FiscalNote Holdings' Free Cash Flow and Change To Inventory is 0.83. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of FiscalNote Holdings, assuming nothing else is changed. The correlation between historical values of FiscalNote Holdings' Free Cash Flow and Change To Inventory 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 of FiscalNote Holdings are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Free Cash Flow i.e., FiscalNote Holdings' Free Cash Flow and Change To Inventory go up and down completely randomly.
Correlation Coefficient | 0.83 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from FiscalNote Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FiscalNote Holdings 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 FiscalNote Holdings. 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. For information on how to trade FiscalNote Stock refer to our How to Trade FiscalNote Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.64, whereas Tax Provision is forecasted to decline to (248.8 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 64.8M | 95.7M | 29.9M | 54.0M | Depreciation And Amortization | 16.4M | 27.4M | 28.7M | 21.0M |
FiscalNote Holdings fundamental ratios Correlations
Click cells to compare fundamentals
FiscalNote Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether FiscalNote Holdings is a strong investment it is important to analyze FiscalNote Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FiscalNote Holdings' future performance. For an informed investment choice regarding FiscalNote Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in FiscalNote Holdings. 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. For information on how to trade FiscalNote Stock refer to our How to Trade FiscalNote Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FiscalNote Holdings. If investors know FiscalNote will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FiscalNote Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Revenue Per Share 0.935 | Quarterly Revenue Growth (0.13) | Return On Assets (0.07) | Return On Equity (0.31) |
The market value of FiscalNote Holdings is measured differently than its book value, which is the value of FiscalNote that is recorded on the company's balance sheet. Investors also form their own opinion of FiscalNote Holdings' value that differs from its market value or its book value, called intrinsic value, which is FiscalNote Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FiscalNote Holdings' market value can be influenced by many factors that don't directly affect FiscalNote Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FiscalNote Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if FiscalNote Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FiscalNote Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.