Cognition Other Non Cash Items vs Depreciation Analysis
CGTX Stock | USD 0.40 0.01 2.44% |
Cognition Therapeutics financial indicator trend analysis is way more than just evaluating Cognition Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cognition Therapeutics is a good investment. Please check the relationship between Cognition Therapeutics Other Non Cash Items and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognition Therapeutics. 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. For more information on how to buy Cognition Stock please use our How to Invest in Cognition Therapeutics guide.
Other Non Cash Items vs Depreciation
Other Non Cash Items vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cognition Therapeutics Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cognition Therapeutics' Other Non Cash Items and Depreciation is 0.56. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of Cognition Therapeutics, assuming nothing else is changed. The correlation between historical values of Cognition Therapeutics' Other Non Cash Items and 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 Other Non Cash Items of Cognition Therapeutics are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., Cognition Therapeutics' Other Non Cash Items and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Non Cash Items
Depreciation
Depreciation indicates how much of Cognition Therapeutics value has been used up. For tax purposes Cognition Therapeutics can deduct the cost of the tangible assets it purchases as business expenses. However, Cognition Therapeutics must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Cognition Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cognition Therapeutics 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 Cognition Therapeutics. 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. For more information on how to buy Cognition Stock please use our How to Invest in Cognition Therapeutics guide.Issuance Of Capital Stock is likely to rise to about 11.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 9.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 893K | 28K | 27K | 25.7K | Depreciation And Amortization | 93K | 235K | 96K | 91.2K |
Cognition Therapeutics fundamental ratios Correlations
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Cognition Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Cognition Therapeutics' price analysis, check to measure Cognition Therapeutics' 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 Cognition Therapeutics is operating at the current time. Most of Cognition Therapeutics' value examination focuses on studying past and present price action to predict the probability of Cognition Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognition Therapeutics' price. Additionally, you may evaluate how the addition of Cognition Therapeutics to your portfolios can decrease your overall portfolio volatility.