Cheche Capex To Revenue vs Capex To Depreciation Analysis
CCGWW Stock | 0.02 0 5.26% |
Cheche Group financial indicator trend analysis is way more than just evaluating Cheche Group Warrant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cheche Group Warrant is a good investment. Please check the relationship between Cheche Group Capex To Revenue and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheche Group Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Capex To Revenue vs Capex To Depreciation
Capex To Revenue vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cheche Group Warrant Capex To Revenue account and Capex To Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cheche Group's Capex To Revenue and Capex To Depreciation is 0.91. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Cheche Group Warrant, assuming nothing else is changed. The correlation between historical values of Cheche Group's Capex To Revenue and Capex To 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 Capex To Revenue of Cheche Group Warrant are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Capex To Revenue i.e., Cheche Group's Capex To Revenue and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Cheche Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cheche Group Warrant 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 Cheche Group Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. At this time, Cheche Group's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 211 M in 2024, whereas Tax Provision is likely to drop (381.1 K) in 2024.
2015 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.5M | 3.3M | 1.4M | 1.4M | Depreciation And Amortization | 14.8M | 11.4M | 11.6M | 13.9M |
Cheche Group fundamental ratios Correlations
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Cheche Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Cheche Group's price analysis, check to measure Cheche 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 Cheche Group is operating at the current time. Most of Cheche Group's value examination focuses on studying past and present price action to predict the probability of Cheche Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheche Group's price. Additionally, you may evaluate how the addition of Cheche Group to your portfolios can decrease your overall portfolio volatility.