Cactus Change To Operating Activities vs Change In Working Capital Analysis
CCTS Stock | USD 11.16 0.25 2.29% |
Cactus Acquisition financial indicator trend analysis is way more than just evaluating Cactus Acquisition Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cactus Acquisition Corp is a good investment. Please check the relationship between Cactus Acquisition Change To Operating Activities and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cactus Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Change To Operating Activities vs Change In Working Capital
Change To Operating Activities vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cactus Acquisition Corp Change To Operating Activities account and Change In Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cactus Acquisition's Change To Operating Activities and Change In Working Capital is 0.87. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Cactus Acquisition Corp, assuming nothing else is changed. The correlation between historical values of Cactus Acquisition's Change To Operating Activities and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Cactus Acquisition Corp are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change To Operating Activities i.e., Cactus Acquisition's Change To Operating Activities and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Change To Operating Activities
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Most indicators from Cactus Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cactus Acquisition Corp 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 Cactus Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Enterprise Value Over EBITDA is likely to drop to 48.92 in 2024. Enterprise Value Multiple is likely to drop to 48.92 in 2024
2010 | 2023 | 2024 (projected) | Interest Income | 1.9M | 3.5M | 2.9M | Net Interest Income | 1.9M | 3.5M | 2.9M |
Cactus Acquisition fundamental ratios Correlations
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Cactus Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Cactus Stock Analysis
When running Cactus Acquisition's price analysis, check to measure Cactus Acquisition'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 Cactus Acquisition is operating at the current time. Most of Cactus Acquisition's value examination focuses on studying past and present price action to predict the probability of Cactus Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cactus Acquisition's price. Additionally, you may evaluate how the addition of Cactus Acquisition to your portfolios can decrease your overall portfolio volatility.