CMBT Stock | | | 11.52 0.24 2.04% |
Euronav NV financial indicator trend analysis is much more than just examining Euronav NV latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Euronav NV is a good investment. Please check the relationship between Euronav NV Capex To Revenue and its Dividend Yield accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Euronav NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Euronav Stock please use our
How to Invest in Euronav NV guide.
Capex To Revenue vs Dividend Yield
Capex To Revenue vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Euronav NV Capex To Revenue account and
Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Euronav NV's Capex To Revenue and Dividend Yield is -0.23. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Euronav NV, assuming nothing else is changed. The correlation between historical values of Euronav NV's Capex To Revenue and Dividend Yield 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 Euronav NV are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Capex To Revenue i.e., Euronav NV's Capex To Revenue and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
Dividend Yield
Dividend Yield is Euronav NV dividend as a percentage of Euronav NV stock price. Euronav NV dividend yield is a measure of Euronav NV stock productivity, which can be interpreted as interest rate earned on an Euronav NV investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Euronav NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Euronav NV 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 Euronav NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Euronav Stock please use our
How to Invest in Euronav NV guide.At this time, Euronav NV's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.05 in 2024, whereas
Selling General Administrative is likely to drop slightly above 39.6
M in 2024.
Euronav NV fundamental ratios Correlations
Click cells to compare fundamentals
Euronav NV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Euronav NV fundamental ratios Accounts
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Additional Tools for Euronav Stock Analysis
When running Euronav NV's price analysis, check to
measure Euronav NV'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 Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to
predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.