| APYX Stock | | | USD 1.61 0.08 4.73% |
Apyx Medical financial indicator trend analysis is way more than just evaluating Apyx Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apyx Medical is a good investment. Please check the relationship between Apyx Medical Depreciation And Amortization and its Minority Interest accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Apyx Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Apyx Stock please use our
How to Invest in Apyx Medical guide.
Depreciation And Amortization vs Minority Interest
Depreciation And Amortization vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Apyx Medical Depreciation And Amortization account and
Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Apyx Medical's Depreciation And Amortization and Minority Interest is -0.24. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Apyx Medical, assuming nothing else is changed. The correlation between historical values of Apyx Medical's Depreciation And Amortization and Minority Interest 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 Apyx Medical are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Depreciation And Amortization i.e., Apyx Medical's Depreciation And Amortization and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.24 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Apyx Medical whose combined shares represent less than 50% of the total outstanding shares issued by Apyx Medical have a minority interest in Apyx Medical.
Most indicators from Apyx Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apyx Medical 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 Apyx Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Apyx Stock please use our
How to Invest in Apyx Medical guide.At this time, Apyx Medical's
Selling General Administrative is fairly stable compared to the past year.
Discontinued Operations is likely to rise to about 88.8
M in 2024, despite the fact that
Tax Provision is likely to grow to (2.2
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 10K | 15K | 2.5M | 2.6M | Depreciation And Amortization | 903K | 890K | 692K | 736.2K |
Apyx Medical fundamental ratios Correlations
Click cells to compare fundamentals
Apyx Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Apyx Medical fundamental ratios Accounts
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Additional Tools for Apyx Stock Analysis
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measure Apyx Medical'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 Apyx Medical is operating at the current time. Most of Apyx Medical's value examination focuses on studying past and present price action to
predict the probability of Apyx Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apyx Medical's price. Additionally, you may evaluate how the addition of Apyx Medical to your portfolios can decrease your overall portfolio volatility.