APYX Stock | | | USD 1.45 0.01 0.69% |
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 Research Development and its Depreciation And Amortization 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.
Research Development vs Depreciation And Amortization
Research Development vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Apyx Medical Research Development account and
Depreciation And Amortization. At this time, the significance of the direction appears to have weak relationship.
The correlation between Apyx Medical's Research Development and Depreciation And Amortization is 0.37. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Depreciation And Amortization 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 Research Development 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 Research Development of Apyx Medical 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 Research Development i.e., Apyx Medical's Research Development and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Research Development
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 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.