Udemy Operating Cash Flow Per Share vs Roic 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 Operating Cash Flow Per Share and its Roic 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.
Operating Cash Flow Per Share vs Roic
Operating Cash Flow Per Share vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Udemy Inc Operating Cash Flow Per Share account and Roic. At this time, the significance of the direction appears to have very week relationship.
The correlation between Udemy's Operating Cash Flow Per Share and Roic is 0.21. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Roic 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 Operating Cash Flow Per Share and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Udemy Inc are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Operating Cash Flow Per Share i.e., Udemy's Operating Cash Flow Per Share and Roic go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.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 Expense | 32K | 4.3M | 518K | 492.1K | Depreciation And Amortization | 15.3M | 27.4M | 24.6M | 19.2M |
Udemy fundamental ratios Correlations
Click cells to compare fundamentals
Udemy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Udemy's price analysis, check to measure Udemy's 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 Udemy is operating at the current time. Most of Udemy's value examination focuses on studying past and present price action to predict the probability of Udemy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Udemy's price. Additionally, you may evaluate how the addition of Udemy to your portfolios can decrease your overall portfolio volatility.