Recursion Other Non Cash Items vs Capital Expenditures Analysis

RXRX Stock  USD 7.46  0.81  9.79%   
Recursion Pharmaceuticals financial indicator trend analysis is much more than just breaking down Recursion Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Recursion Pharmaceuticals is a good investment. Please check the relationship between Recursion Pharmaceuticals Other Non Cash Items and its Capital Expenditures accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Recursion Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Recursion Stock please use our How to Invest in Recursion Pharmaceuticals guide.

Other Non Cash Items vs Capital Expenditures

Other Non Cash Items vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Recursion Pharmaceuticals Other Non Cash Items account and Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.
The correlation between Recursion Pharmaceuticals' Other Non Cash Items and Capital Expenditures is 0.68. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Recursion Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Recursion Pharmaceuticals' Other Non Cash Items and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Recursion Pharmaceuticals are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Other Non Cash Items i.e., Recursion Pharmaceuticals' Other Non Cash Items and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Non Cash Items

Capital Expenditures

Capital Expenditures are funds used by Recursion Pharmaceuticals to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Recursion Pharmaceuticals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Recursion Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Recursion Pharmaceuticals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Recursion Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Recursion Stock please use our How to Invest in Recursion Pharmaceuticals guide.At this time, Recursion Pharmaceuticals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 1.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 64.7 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization8.4M11.8M24.4M25.6M
Interest Income73K6.3M18.3M19.2M

Recursion Pharmaceuticals fundamental ratios Correlations

0.760.970.960.950.840.940.94-0.96-0.880.940.960.830.960.62-0.980.980.780.73-0.530.86-0.860.770.92-0.250.95
0.760.70.910.690.90.710.92-0.8-0.840.890.830.820.670.22-0.720.660.240.79-0.40.98-0.760.770.77-0.110.69
0.970.70.910.90.830.90.88-0.9-0.890.860.890.850.910.47-0.940.930.770.8-0.450.8-0.890.810.89-0.180.89
0.960.910.910.90.910.90.99-0.95-0.910.980.970.870.90.5-0.930.910.60.79-0.510.97-0.870.810.91-0.210.9
0.950.690.90.90.740.970.91-0.85-0.820.940.850.780.990.7-0.970.920.860.68-0.770.82-0.830.710.93-0.541.0
0.840.90.830.910.740.840.91-0.89-0.970.880.880.970.740.18-0.850.770.420.9-0.360.91-0.930.940.9-0.090.74
0.940.710.90.90.970.840.91-0.86-0.910.920.850.90.960.54-0.990.910.820.79-0.730.82-0.930.850.99-0.510.97
0.940.920.880.990.910.910.91-0.91-0.910.990.930.880.90.49-0.920.870.60.81-0.590.98-0.880.820.92-0.30.91
-0.96-0.8-0.9-0.95-0.85-0.89-0.86-0.910.86-0.92-1.0-0.81-0.88-0.560.92-0.96-0.62-0.670.35-0.870.81-0.74-0.860.05-0.84
-0.88-0.84-0.89-0.91-0.82-0.97-0.91-0.910.86-0.88-0.85-0.99-0.82-0.220.9-0.8-0.56-0.950.49-0.890.99-0.98-0.960.24-0.82
0.940.890.860.980.940.880.920.99-0.92-0.880.930.850.930.57-0.940.890.640.75-0.640.96-0.850.780.93-0.370.94
0.960.830.890.970.850.880.850.93-1.0-0.850.930.80.870.57-0.910.950.60.67-0.360.9-0.80.730.84-0.050.85
0.830.820.850.870.780.970.90.88-0.81-0.990.850.80.770.15-0.870.750.530.95-0.50.85-0.990.990.95-0.270.78
0.960.670.910.90.990.740.960.9-0.88-0.820.930.870.770.72-0.980.960.880.66-0.720.8-0.830.70.92-0.480.99
0.620.220.470.50.70.180.540.49-0.56-0.220.570.570.150.72-0.60.710.74-0.04-0.530.37-0.220.030.43-0.40.7
-0.98-0.72-0.94-0.93-0.97-0.85-0.99-0.920.920.9-0.94-0.91-0.87-0.98-0.6-0.96-0.83-0.760.65-0.840.91-0.81-0.970.41-0.97
0.980.660.930.910.920.770.910.87-0.96-0.80.890.950.750.960.71-0.960.820.6-0.490.78-0.790.670.87-0.220.92
0.780.240.770.60.860.420.820.6-0.62-0.560.640.60.530.880.74-0.830.820.42-0.690.43-0.630.470.73-0.570.86
0.730.790.80.790.680.90.790.81-0.67-0.950.750.670.950.66-0.04-0.760.60.42-0.440.81-0.950.970.86-0.230.68
-0.53-0.4-0.45-0.51-0.77-0.36-0.73-0.590.350.49-0.64-0.36-0.5-0.72-0.530.65-0.49-0.69-0.44-0.510.56-0.45-0.70.95-0.77
0.860.980.80.970.820.910.820.98-0.87-0.890.960.90.850.80.37-0.840.780.430.81-0.51-0.830.80.86-0.220.82
-0.86-0.76-0.89-0.87-0.83-0.93-0.93-0.880.810.99-0.85-0.8-0.99-0.83-0.220.91-0.79-0.63-0.950.56-0.83-0.98-0.970.33-0.83
0.770.770.810.810.710.940.850.82-0.74-0.980.780.730.990.70.03-0.810.670.470.97-0.450.8-0.980.91-0.240.71
0.920.770.890.910.930.90.990.92-0.86-0.960.930.840.950.920.43-0.970.870.730.86-0.70.86-0.970.91-0.470.93
-0.25-0.11-0.18-0.21-0.54-0.09-0.51-0.30.050.24-0.37-0.05-0.27-0.48-0.40.41-0.22-0.57-0.230.95-0.220.33-0.24-0.47-0.54
0.950.690.890.91.00.740.970.91-0.84-0.820.940.850.780.990.7-0.970.920.860.68-0.770.82-0.830.710.93-0.54
Click cells to compare fundamentals

Recursion Pharmaceuticals Account Relationship Matchups

Also Currently Popular

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.

Additional Tools for Recursion Stock Analysis

When running Recursion Pharmaceuticals' price analysis, check to measure Recursion Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Recursion Pharmaceuticals is operating at the current time. Most of Recursion Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Recursion Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Recursion Pharmaceuticals' price. Additionally, you may evaluate how the addition of Recursion Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.