Udemy Book Value Per Share vs Capex To Depreciation Analysis

UDMY Stock  USD 8.50  0.18  2.16%   
Udemy financial indicator trend analysis is much more than just breaking down Udemy Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Udemy Inc is a good investment. Please check the relationship between Udemy Book Value Per Share and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Udemy 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 population.

Book Value Per Share vs Capex To Depreciation

Book Value Per Share vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Udemy Inc Book Value Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Udemy's Book Value Per Share and Capex To Depreciation is -0.83. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Udemy Inc, assuming nothing else is changed. The correlation between historical values of Udemy's Book Value Per Share 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 Book Value Per Share of Udemy Inc 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 Book Value Per Share i.e., Udemy's Book Value Per Share and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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 Udemy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Udemy 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Udemy 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 population.
Enterprise Value is likely to rise to about 1.9 B in 2024, whereas Tax Provision is likely to drop slightly above 2.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense32K4.3M518K492.1K
Depreciation And Amortization15.3M27.4M24.6M19.2M

Udemy fundamental ratios Correlations

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Udemy Account Relationship Matchups

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