Connexa Property Plant Equipment vs Depreciation And Amortization Analysis
YYAI Stock | 1.32 0.01 0.76% |
Connexa Sports financial indicator trend analysis is way more than just evaluating Connexa Sports Techn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Connexa Sports Techn is a good investment. Please check the relationship between Connexa Sports Property Plant Equipment and its Depreciation And Amortization accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Property Plant Equipment vs Depreciation And Amortization
Property Plant Equipment vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Connexa Sports Techn Property Plant Equipment account and Depreciation And Amortization. At this time, the significance of the direction appears to have no relationship.
The correlation between Connexa Sports' Property Plant Equipment and Depreciation And Amortization is 0.03. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Connexa Sports Technologies, assuming nothing else is changed. The correlation between historical values of Connexa Sports' Property Plant Equipment and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Connexa Sports Technologies are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Property Plant Equipment i.e., Connexa Sports' Property Plant Equipment and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Property Plant Equipment
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Connexa Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Connexa Sports Techn 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of now, Connexa Sports' Selling General Administrative is increasing as compared to previous years. The Connexa Sports' current Issuance Of Capital Stock is estimated to increase to about 21.7 M, while Discontinued Operations is forecasted to increase to (39.2 M).
2022 | 2023 | 2024 | 2025 (projected) | Reconciled Depreciation | 11.6M | 115.1K | 132.3K | 125.7K | Cost Of Revenue | 12.9M | 5.0M | 5.8M | 7.1M |
Connexa Sports fundamental ratios Correlations
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Connexa Sports Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Connexa Sports fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 5.7M | 74.9M | 7.1M | 21.6M | 24.9M | 13.5M | |
Short Long Term Debt Total | 6.2M | 17.0M | 3.4M | 2.7M | 3.1M | 4.1M | |
Total Current Liabilities | 24.1M | 39.0M | 23.8M | 12.0M | 13.8M | 12.6M | |
Total Stockholder Equity | (18.5M) | 32.5M | (18.6M) | 9.6M | 11.0M | 11.6M | |
Net Debt | 5.2M | 16.3M | 3.2M | 2.5M | 2.9M | 3.8M | |
Retained Earnings | (28.8M) | (80.6M) | (151.8M) | (167.4M) | (150.6M) | (143.1M) | |
Cash | 928.8K | 665.0K | 202.1K | 229.7K | 264.2K | 262.7K | |
Cash And Short Term Investments | 928.8K | 665.0K | 202.1K | 16.7M | 19.2M | 20.2M | |
Liabilities And Stockholders Equity | 5.7M | 74.9M | 7.1M | 21.6M | 24.9M | 13.5M | |
Non Current Liabilities Total | 10.1K | 1.9M | 10.5K | 3.4M | 2.0M | 0.0 | |
Total Liab | 24.1M | 42.4M | 25.7M | 12.0M | 13.8M | 13.5M | |
Total Current Assets | 5.6M | 12.8M | 5.0M | 19.6M | 22.6M | 23.7M | |
Short Term Debt | 6.1M | 15.2M | 1.5M | 2.7M | 3.1M | 3.4M | |
Common Stock | 27.6K | 4.2K | 13.5K | 1.8K | 2.1K | 2.0K | |
Other Current Liab | 16.9M | 18.4M | 16.8M | 4.6M | 5.3M | 7.9M | |
Non Current Assets Total | 112.9K | 62.0M | 2.1M | 2.0M | 2.3M | 2.2M | |
Common Stock Shares Outstanding | 3.3M | 4.8M | 1.4M | 482.0K | 433.8K | 412.1K | |
Other Current Assets | 200.2K | 2.5M | 263.0K | 395.7K | 455.1K | 518.8K | |
Other Stockholder Equity | 10.4M | 113.0M | 133.0M | 176.8M | 203.3M | 213.5M | |
Net Tangible Assets | (5.0M) | (18.6M) | 20.9M | (18.7M) | (16.8M) | (16.0M) | |
Net Invested Capital | (12.3M) | 49.5M | (15.2M) | 12.3M | 14.2M | 14.9M | |
Short Long Term Debt | 6.1M | 15.0M | 1.5M | 2.7M | 3.1M | 5.0M | |
Capital Stock | 27.6K | 4.2K | 13.5K | 1.8K | 1.6K | 1.6K | |
Net Working Capital | (18.6M) | (26.2M) | (18.8M) | 7.6M | 6.8M | 7.2M | |
Accounts Payable | 1.0M | 5.3M | 5.5M | 4.7M | 5.4M | 3.8M | |
Net Receivables | 762.5K | 1.3M | 399.7K | 273.9K | 315.0K | 595.1K | |
Inventory | 3.7M | 8.4M | 4.1M | 2.4M | 2.8M | 4.3M | |
Accumulated Other Comprehensive Income | (20.2K) | 55.0K | 142.5K | 183.5K | 211.1K | 221.6K |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Connexa Sports Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Apparel, Accessories & Luxury Goods 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 Connexa Sports. If investors know Connexa 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 Connexa Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Connexa Sports Techn is measured differently than its book value, which is the value of Connexa that is recorded on the company's balance sheet. Investors also form their own opinion of Connexa Sports' value that differs from its market value or its book value, called intrinsic value, which is Connexa Sports' 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 Connexa Sports' market value can be influenced by many factors that don't directly affect Connexa Sports' 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 Connexa Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Connexa Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connexa Sports' 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.