Ceres Depreciation And Amortization vs Research Development Analysis

CWR Stock   144.70  8.20  6.01%   
Ceres Power financial indicator trend analysis is way more than just evaluating Ceres Power Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ceres Power Holdings is a good investment. Please check the relationship between Ceres Power Depreciation And Amortization and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ceres Power Holdings. 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 economic analysis.

Depreciation And Amortization vs Research Development

Depreciation And Amortization vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ceres Power Holdings Depreciation And Amortization account and Research Development. At this time, the significance of the direction appears to have totally related.
The correlation between Ceres Power's Depreciation And Amortization and Research Development is 0.99. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Research Development in the same time period over historical financial statements of Ceres Power Holdings, assuming nothing else is changed. The correlation between historical values of Ceres Power's Depreciation And Amortization and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Ceres Power Holdings are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Depreciation And Amortization i.e., Ceres Power's Depreciation And Amortization and Research Development go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Research Development

Most indicators from Ceres Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ceres Power Holdings 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 Ceres Power Holdings. 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 economic analysis.
At present, Ceres Power's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Total Revenue22.1M22.3M25.7M27.0M
Cost Of Revenue9.1M8.8M10.1M10.6M

Ceres Power fundamental ratios Correlations

0.790.911.00.94-0.82-0.820.890.880.93-0.590.99-0.680.90.970.80.890.90.941.0-0.470.91-0.320.810.160.81
0.790.970.770.9-0.41-0.840.840.50.9-0.290.74-0.590.840.840.850.880.870.890.74-0.420.83-0.280.80.170.46
0.910.970.890.97-0.58-0.880.910.660.96-0.430.87-0.660.920.930.850.910.950.960.88-0.490.92-0.290.860.150.63
1.00.770.890.93-0.84-0.810.880.890.91-0.61.0-0.660.890.960.80.890.870.921.0-0.460.89-0.330.780.160.82
0.940.90.970.93-0.6-0.90.950.681.0-0.440.9-0.710.920.960.80.890.970.990.91-0.50.92-0.330.90.170.71
-0.82-0.41-0.58-0.84-0.60.5-0.53-0.99-0.590.6-0.870.56-0.6-0.67-0.53-0.66-0.56-0.62-0.860.34-0.610.24-0.51-0.18-0.74
-0.82-0.84-0.88-0.81-0.90.5-0.91-0.57-0.90.2-0.770.48-0.91-0.85-0.81-0.89-0.85-0.89-0.780.39-0.90.12-0.8-0.23-0.55
0.890.840.910.880.95-0.53-0.910.60.93-0.410.84-0.520.920.940.880.880.880.910.86-0.520.91-0.270.760.10.71
0.880.50.660.890.68-0.99-0.570.60.68-0.570.92-0.610.680.730.580.730.640.710.9-0.370.68-0.270.60.190.74
0.930.90.960.911.0-0.59-0.90.930.68-0.40.89-0.730.910.950.770.890.971.00.89-0.490.91-0.350.910.160.67
-0.59-0.29-0.43-0.6-0.440.60.2-0.41-0.57-0.4-0.620.45-0.44-0.58-0.36-0.24-0.51-0.4-0.640.34-0.46-0.03-0.370.01-0.85
0.990.740.871.00.9-0.87-0.770.840.920.89-0.62-0.650.880.940.760.860.850.91.0-0.450.88-0.310.770.160.82
-0.68-0.59-0.66-0.66-0.710.560.48-0.52-0.61-0.730.45-0.65-0.49-0.61-0.38-0.53-0.73-0.75-0.650.36-0.470.51-0.74-0.1-0.61
0.90.840.920.890.92-0.6-0.910.920.680.91-0.440.88-0.490.930.790.860.910.910.88-0.430.98-0.140.770.020.65
0.970.840.930.960.96-0.67-0.850.940.730.95-0.580.94-0.610.930.820.870.930.940.95-0.470.93-0.290.820.130.78
0.80.850.850.80.8-0.53-0.810.880.580.77-0.360.76-0.380.790.820.910.690.760.78-0.40.77-0.220.580.180.58
0.890.880.910.890.89-0.66-0.890.880.730.89-0.240.86-0.530.860.870.910.780.890.86-0.390.85-0.340.730.240.53
0.90.870.950.870.97-0.56-0.850.880.640.97-0.510.85-0.730.910.930.690.780.970.86-0.50.92-0.210.940.150.71
0.940.890.960.920.99-0.62-0.890.910.711.0-0.40.9-0.750.910.940.760.890.970.9-0.480.91-0.360.910.160.68
1.00.740.881.00.91-0.86-0.780.860.90.89-0.641.0-0.650.880.950.780.860.860.9-0.460.89-0.30.770.150.84
-0.47-0.42-0.49-0.46-0.50.340.39-0.52-0.37-0.490.34-0.450.36-0.43-0.47-0.4-0.39-0.5-0.48-0.46-0.430.12-0.43-0.07-0.46
0.910.830.920.890.92-0.61-0.90.910.680.91-0.460.88-0.470.980.930.770.850.920.910.89-0.43-0.060.830.160.67
-0.32-0.28-0.29-0.33-0.330.240.12-0.27-0.27-0.35-0.03-0.310.51-0.14-0.29-0.22-0.34-0.21-0.36-0.30.12-0.06-0.120.35-0.1
0.810.80.860.780.9-0.51-0.80.760.60.91-0.370.77-0.740.770.820.580.730.940.910.77-0.430.83-0.120.440.61
0.160.170.150.160.17-0.18-0.230.10.190.160.010.16-0.10.020.130.180.240.150.160.15-0.070.160.350.440.17
0.810.460.630.820.71-0.74-0.550.710.740.67-0.850.82-0.610.650.780.580.530.710.680.84-0.460.67-0.10.610.17
Click cells to compare fundamentals

Ceres Power Account Relationship Matchups

Ceres Power fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab18.2M6.7M14.7M15.9M18.3M19.2M
Total Current Liabilities20.8M15.2M20.1M20.2M23.2M24.4M
Retained Earnings(126.8M)(146.6M)(190.7M)(255.8M)(230.2M)(218.7M)
Accounts Payable1.8M2.4M4.8M3.6M4.2M4.4M
Common Stock Shares Outstanding162.5M185.7M191.4M192.7M221.5M232.6M
Other Current Assets6.5M7.3M13.7M8.4M9.7M10.2M
Other Stockholder Equity220.2M397.3M398.0M413.6M475.7M499.5M
Total Current Assets114.9M264.7M216.9M156.2M179.6M188.6M
Common Stock17.2M19.1M19.2M19.3M22.2M23.3M
Other Liab1.1M1.6M1.8M1.9M2.2M1.6M
Net Receivables4.2M9.6M12.2M5.0M5.7M2.9M
Property Plant Equipment17.2M19.0M20.6M28.6M32.9M34.5M
Net Tangible Assets124.4M116.6M273.1M224.1M257.7M270.6M
Inventory2.1M3.1M5.7M2.8M3.2M2.1M

Also Currently Popular

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.

Other Information on Investing in Ceres Stock

Balance Sheet is a snapshot of the financial position of Ceres Power Holdings at a specified time, usually calculated after every quarter, six months, or one year. Ceres Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ceres Power 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 Ceres currently owns. An asset can also be divided into two categories, current and non-current.