Actelis Income Quality vs Book Value Per Share Analysis
ASNS Stock | USD 1.23 0.04 3.15% |
Actelis Networks financial indicator trend analysis is way more than just evaluating Actelis Networks prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Actelis Networks is a good investment. Please check the relationship between Actelis Networks Income Quality and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Actelis Networks. 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. For more information on how to buy Actelis Stock please use our How to Invest in Actelis Networks guide.
Income Quality vs Book Value Per Share
Income Quality vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Actelis Networks Income Quality account and Book Value Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Actelis Networks' Income Quality and Book Value Per Share is 0.92. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Actelis Networks, assuming nothing else is changed. The correlation between historical values of Actelis Networks' Income Quality and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Actelis Networks are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Income Quality i.e., Actelis Networks' Income Quality and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most indicators from Actelis Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Actelis Networks 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 Actelis Networks. 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. For more information on how to buy Actelis Stock please use our How to Invest in Actelis Networks guide.At this time, Actelis Networks' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 9.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 690K | 830K | 766K | 700.2K | Depreciation And Amortization | 37K | 23K | 27K | 26.6K |
Actelis Networks fundamental ratios Correlations
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Actelis Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Actelis Stock Analysis
When running Actelis Networks' price analysis, check to measure Actelis Networks' 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 Actelis Networks is operating at the current time. Most of Actelis Networks' value examination focuses on studying past and present price action to predict the probability of Actelis Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Actelis Networks' price. Additionally, you may evaluate how the addition of Actelis Networks to your portfolios can decrease your overall portfolio volatility.