ADVWW Stock | | | USD 0.03 0.0006 2.08% |
Advantage Solutions financial indicator trend analysis is way more than just evaluating Advantage Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advantage Solutions is a good investment. Please check the relationship between Advantage Solutions Capital Expenditures and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy Advantage Stock please use our
How to Invest in Advantage Solutions guide.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Advantage Solutions Capital Expenditures account and
Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Advantage Solutions' Capital Expenditures and Depreciation is 0.6. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Advantage Solutions, assuming nothing else is changed. The correlation between historical values of Advantage Solutions' Capital Expenditures and 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 Capital Expenditures of Advantage Solutions are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Advantage Solutions' Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Expenditures
Capital Expenditures are funds used by Advantage Solutions to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Advantage Solutions operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Depreciation
Depreciation indicates how much of Advantage Solutions value has been used up. For tax purposes Advantage Solutions can deduct the cost of the tangible assets it purchases as business expenses. However, Advantage Solutions must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Advantage Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advantage Solutions 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Advantage Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For more information on how to buy Advantage Stock please use our
How to Invest in Advantage Solutions guide.
Enterprise Value is likely to climb to about 4.1
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 214.2
M in 2024.
Advantage Solutions fundamental ratios Correlations
Click cells to compare fundamentals
Advantage Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Advantage Solutions fundamental ratios Accounts
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Additional Tools for Advantage Stock Analysis
When running Advantage Solutions' price analysis, check to
measure Advantage Solutions' 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 Advantage Solutions is operating at the current time. Most of Advantage Solutions' value examination focuses on studying past and present price action to
predict the probability of Advantage Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advantage Solutions' price. Additionally, you may evaluate how the addition of Advantage Solutions to your portfolios can decrease your overall portfolio volatility.