Chardan Free Cash Flow Per Share vs Capex To Revenue Analysis

DFLIW Stock  USD 0.01  0.0006  4.51%   
Chardan NexTech financial indicator trend analysis is way more than just evaluating Chardan NexTech Acqu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chardan NexTech Acqu is a good investment. Please check the relationship between Chardan NexTech Free Cash Flow Per Share and its Capex To Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Chardan NexTech Acquisition. 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.

Free Cash Flow Per Share vs Capex To Revenue

Free Cash Flow Per Share vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chardan NexTech Acqu Free Cash Flow Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Chardan NexTech's Free Cash Flow Per Share and Capex To Revenue is -0.78. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Chardan NexTech Acquisition, assuming nothing else is changed. The correlation between historical values of Chardan NexTech's Free Cash Flow Per Share and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Chardan NexTech Acquisition are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Free Cash Flow Per Share i.e., Chardan NexTech's Free Cash Flow Per Share and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

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.
Most indicators from Chardan NexTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chardan NexTech Acqu 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Chardan NexTech Acquisition. 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 climb to 0.43 in 2024, whereas Tax Provision is likely to drop slightly above 755.8 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit29.6M24.0M15.4M17.9M
Total Revenue78M86.3M64.4M75.9M

Chardan NexTech fundamental ratios Correlations

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Chardan NexTech Account Relationship Matchups

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