CRIS Stock | | | USD 4.03 0.07 1.71% |
Curis financial indicator trend analysis is way more than just evaluating Curis Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Curis Inc is a good investment. Please check the relationship between Curis Net Income and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Curis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Net Income vs Depreciation
Net Income vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Curis Inc Net Income account and
Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Curis' Net Income and Depreciation is 0.21. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of Curis Inc, assuming nothing else is changed. The correlation between historical values of Curis' Net Income 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 Net Income of Curis Inc 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 Net Income i.e., Curis' Net Income and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Curis Inc financial statement analysis. It represents the amount of money remaining after all of Curis Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Depreciation
Depreciation indicates how much of Curis Inc value has been used up. For tax purposes Curis can deduct the cost of the tangible assets it purchases as business expenses. However, Curis Inc 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 Curis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Curis Inc 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 Curis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Sales General And Administrative To Revenue is likely to gain to 3.25 in 2024, whereas
Selling General Administrative is likely to drop slightly above 14.3
M in 2024.
Curis fundamental ratios Correlations
Click cells to compare fundamentals
Curis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Curis fundamental ratios Accounts
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Additional Tools for Curis Stock Analysis
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measure Curis' 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 Curis is operating at the current time. Most of Curis' value examination focuses on studying past and present price action to
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