CELUW Stock | | | USD 0.02 0.0004 1.79% |
Celularity financial indicator trend analysis is way more than just evaluating Celularity prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Celularity is a good investment. Please check the relationship between Celularity Interest Expense and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Celularity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Celularity Stock please use our
How to Invest in Celularity guide.
Interest Expense vs Income Before Tax
Interest Expense vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Celularity Interest Expense account and
Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Celularity's Interest Expense and Income Before Tax is 0.91. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Celularity, assuming nothing else is changed. The correlation between historical values of Celularity's Interest Expense and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Celularity are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Expense i.e., Celularity's Interest Expense and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Celularity income statement and is an important metric when analyzing Celularity profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Celularity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Celularity 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 Celularity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Celularity Stock please use our
How to Invest in Celularity guide.
Tax Provision is likely to climb to about 10.5
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 48.1
M in 2024.
Celularity fundamental ratios Correlations
Click cells to compare fundamentals
Celularity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Celularity fundamental ratios Accounts
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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.
Additional Tools for Celularity Stock Analysis
When running Celularity's price analysis, check to
measure Celularity'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 Celularity is operating at the current time. Most of Celularity's value examination focuses on studying past and present price action to
predict the probability of Celularity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celularity's price. Additionally, you may evaluate how the addition of Celularity to your portfolios can decrease your overall portfolio volatility.