Coveo Ptb Ratio vs Capex To Depreciation Analysis
CVO Stock | 7.31 0.02 0.27% |
Coveo Solutions financial indicator trend analysis is way more than just evaluating Coveo Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coveo Solutions is a good investment. Please check the relationship between Coveo Solutions Ptb Ratio and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coveo Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Ptb Ratio vs Capex To Depreciation
Ptb Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coveo Solutions Ptb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Coveo Solutions' Ptb Ratio and Capex To Depreciation is -0.32. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Coveo Solutions, assuming nothing else is changed. The correlation between historical values of Coveo Solutions' Ptb Ratio and Capex To 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 Ptb Ratio of Coveo Solutions are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ptb Ratio i.e., Coveo Solutions' Ptb Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Coveo Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coveo Solutions 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 Coveo Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Coveo Solutions' Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value is likely to grow to about 890.7 M, while Selling General Administrative is likely to drop about 22.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 7.7M | 8.6M | 10.6M | 6.5M | Interest Income | 230K | 5.2M | 7.2M | 7.6M |
Coveo Solutions fundamental ratios Correlations
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Coveo Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Other Information on Investing in Coveo Stock
Balance Sheet is a snapshot of the financial position of Coveo Solutions at a specified time, usually calculated after every quarter, six months, or one year. Coveo Solutions Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Coveo Solutions and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Coveo currently owns. An asset can also be divided into two categories, current and non-current.