CEADW Stock | | | USD 0.01 0.01 36.50% |
CEA Industries financial indicator trend analysis is way more than just evaluating CEA Industries Warrant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CEA Industries Warrant is a good investment. Please check the relationship between CEA Industries Cash and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Cash vs Non Current Assets Total
Cash vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CEA Industries Warrant Cash account and
Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CEA Industries' Cash and Non Current Assets Total is -0.02. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of CEA Industries Warrant, assuming nothing else is changed. The correlation between historical values of CEA Industries' Cash and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of CEA Industries Warrant are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., CEA Industries' Cash and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of CEA Industries Warrant, which is listed under current asset account on CEA Industries Warrant balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CEA Industries customers. The amounts must be unrestricted with restricted cash listed in a different CEA Industries account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from CEA Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CEA Industries 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
At this time, CEA Industries'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 2.87 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.43 in 2024.
CEA Industries fundamental ratios Correlations
Click cells to compare fundamentals
CEA Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CEA Industries fundamental ratios Accounts
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Additional Tools for CEA Stock Analysis
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measure CEA Industries' 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 CEA Industries is operating at the current time. Most of CEA Industries' value examination focuses on studying past and present price action to
predict the probability of CEA Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CEA Industries' price. Additionally, you may evaluate how the addition of CEA Industries to your portfolios can decrease your overall portfolio volatility.