AND Stock | | | CAD 42.80 0.16 0.38% |
Andlauer Healthcare financial indicator trend analysis is way more than just evaluating Andlauer Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andlauer Healthcare is a good investment. Please check the relationship between Andlauer Healthcare Depreciation And Amortization and its Interest Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Andlauer Healthcare Gr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Depreciation And Amortization vs Interest Expense
Depreciation And Amortization vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Andlauer Healthcare Depreciation And Amortization account and
Interest Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Andlauer Healthcare's Depreciation And Amortization and Interest Expense is 0.97. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Andlauer Healthcare Gr, assuming nothing else is changed. The correlation between historical values of Andlauer Healthcare's Depreciation And Amortization and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Andlauer Healthcare Gr are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Depreciation And Amortization i.e., Andlauer Healthcare's Depreciation And Amortization and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Andlauer Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andlauer Healthcare 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 Andlauer Healthcare Gr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Andlauer Healthcare's
Enterprise Value Over EBITDA is very stable compared to the past year. As of the 23rd of November 2024,
Enterprise Value Multiple is likely to grow to 14.88, while
Tax Provision is likely to drop about 16.2
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Depreciation And Amortization | 42.7M | 64.5M | 68.1M | 41.0M | Interest Income | 34.4M | 6.3M | 3.2M | 3.0M |
Andlauer Healthcare fundamental ratios Correlations
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Andlauer Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Andlauer Healthcare fundamental ratios Accounts
Other Information on Investing in Andlauer Stock
Balance Sheet is a snapshot of the
financial position of Andlauer Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Andlauer Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Andlauer Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Andlauer currently owns. An asset can also be divided into two categories, current and non-current.