AUTG Stock | | | 7.00 0.00 0.00% |
Autins Group financial indicator trend analysis is way more than just evaluating Autins Group plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autins Group plc is a good investment. Please check the relationship between Autins Group Capital Expenditures and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Autins Group plc. 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.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Autins Group plc Capital Expenditures account and
Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Autins Group's Capital Expenditures and Depreciation is -0.15. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Autins Group plc, assuming nothing else is changed. The correlation between historical values of Autins Group's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Autins Group plc are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Autins Group's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Autins Group plc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Autins Group operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Depreciation
Depreciation indicates how much of Autins Group plc value has been used up. For tax purposes Autins Group can deduct the cost of the tangible assets it purchases as business expenses. However, Autins Group plc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Autins Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autins Group plc 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 Autins Group plc. 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.
Selling General Administrative is likely to drop to about 6.7
M in 2024.
Tax Provision is likely to drop to about (154.6
K) in 2024
Autins Group fundamental ratios Correlations
Click cells to compare fundamentals
Autins Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Autins Group fundamental ratios Accounts
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Additional Tools for Autins Stock Analysis
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measure Autins Group'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 Autins Group is operating at the current time. Most of Autins Group's value examination focuses on studying past and present price action to
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