Athena Capex To Operating Cash Flow vs Shareholders Equity Per Share Analysis
| ATEK Stock | USD 11.72 0.03 0.26% |
Athena Technology financial indicator trend analysis is way more than just evaluating Athena Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Athena Technology is a good investment. Please check the relationship between Athena Technology Capex To Operating Cash Flow and its Shareholders Equity Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Athena Technology Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Capex To Operating Cash Flow vs Shareholders Equity Per Share
Capex To Operating Cash Flow vs Shareholders Equity Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Athena Technology Capex To Operating Cash Flow account and Shareholders Equity Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Athena Technology's Capex To Operating Cash Flow and Shareholders Equity Per Share is -0.96. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Shareholders Equity Per Share in the same time period over historical financial statements of Athena Technology Acquisition, assuming nothing else is changed. The correlation between historical values of Athena Technology's Capex To Operating Cash Flow and Shareholders Equity 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 Capex To Operating Cash Flow of Athena Technology Acquisition are associated (or correlated) with its Shareholders Equity Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Shareholders Equity Per Share has no effect on the direction of Capex To Operating Cash Flow i.e., Athena Technology's Capex To Operating Cash Flow and Shareholders Equity Per Share go up and down completely randomly.
Correlation Coefficient | -0.96 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Capex To Operating Cash Flow
Shareholders Equity Per Share
Most indicators from Athena Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Athena Technology 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 Athena Technology Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Athena Technology's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 88.23 this year, although the value of Selling General Administrative will most likely fall to about 1.8 M.
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 3.7M | 5.8M | 5.2M | Tax Provision | 733.9K | 820.6K | 855.0K |
Athena Technology fundamental ratios Correlations
Click cells to compare fundamentals
Athena Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Athena Technology. If investors know Athena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Athena Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share (0.06) | Return On Assets (0.07) |
The market value of Athena Technology is measured differently than its book value, which is the value of Athena that is recorded on the company's balance sheet. Investors also form their own opinion of Athena Technology's value that differs from its market value or its book value, called intrinsic value, which is Athena Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Athena Technology's market value can be influenced by many factors that don't directly affect Athena Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Athena Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Athena Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Athena Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.