Alternative Free Cash Flow Per Share vs Average Payables Analysis
| AEGY Stock | USD 0.0001 0.00 0.00% |
Alternative Energy financial indicator trend analysis is way more than just evaluating Alternative Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alternative Energy is a good investment. Please check the relationship between Alternative Energy Free Cash Flow Per Share and its Average Payables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alternative Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more information on how to buy Alternative Stock please use our How to Invest in Alternative Energy guide.
Free Cash Flow Per Share vs Average Payables
Free Cash Flow Per Share vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alternative Energy Free Cash Flow Per Share account and Average Payables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Alternative Energy's Free Cash Flow Per Share and Average Payables is -0.64. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of Alternative Energy, assuming nothing else is changed. The correlation between historical values of Alternative Energy's Free Cash Flow Per Share and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Alternative Energy are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Free Cash Flow Per Share i.e., Alternative Energy's Free Cash Flow Per Share and Average Payables go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most indicators from Alternative Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alternative Energy 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 Alternative Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more information on how to buy Alternative Stock please use our How to Invest in Alternative Energy guide.Discontinued Operations is likely to rise to about 102.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 223.2 K in 2024.
Alternative Energy fundamental ratios Correlations
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Alternative Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Alternative Energy's price analysis, check to measure Alternative Energy'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 Alternative Energy is operating at the current time. Most of Alternative Energy's value examination focuses on studying past and present price action to predict the probability of Alternative Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alternative Energy's price. Additionally, you may evaluate how the addition of Alternative Energy to your portfolios can decrease your overall portfolio volatility.