Couchbase Other Current Assets vs Common Stock Shares Outstanding Analysis
| BASE Stock | USD 20.64 0.29 1.39% |
Couchbase financial indicator trend analysis is way more than just evaluating Couchbase prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Couchbase is a good investment. Please check the relationship between Couchbase Other Current Assets and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Couchbase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Couchbase Stock refer to our How to Trade Couchbase Stock guide.
Other Current Assets vs Common Stock Shares Outstanding
Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Couchbase Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Couchbase's Other Current Assets and Common Stock Shares Outstanding is 0.91. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Couchbase, assuming nothing else is changed. The correlation between historical values of Couchbase's Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Couchbase are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Couchbase's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Couchbase's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Couchbase 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 Couchbase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Couchbase Stock refer to our How to Trade Couchbase Stock guide.The current year's Enterprise Value is expected to grow to about 1.2 B, whereas Tax Provision is forecasted to decline to about 1.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 656K | 101K | 43K | 40.9K | Depreciation And Amortization | 2.8M | 6.1M | 2.4M | 3.3M |
Couchbase fundamental ratios Correlations
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Couchbase Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Couchbase is a strong investment it is important to analyze Couchbase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Couchbase's future performance. For an informed investment choice regarding Couchbase Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Couchbase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Couchbase Stock refer to our How to Trade Couchbase Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Application Software 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 Couchbase. If investors know Couchbase 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 Couchbase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.59) | Revenue Per Share 4.042 | Quarterly Revenue Growth 0.196 | Return On Assets (0.20) | Return On Equity (0.60) |
The market value of Couchbase is measured differently than its book value, which is the value of Couchbase that is recorded on the company's balance sheet. Investors also form their own opinion of Couchbase's value that differs from its market value or its book value, called intrinsic value, which is Couchbase'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 Couchbase's market value can be influenced by many factors that don't directly affect Couchbase'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 Couchbase's value and its price as these two are different measures arrived at by different means. Investors typically determine if Couchbase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Couchbase'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.