Emerge Capex To Revenue vs Income Quality Analysis

ECOM Stock  CAD 0.04  0.00  0.00%   
Emerge Commerce financial indicator trend analysis is much more than just examining Emerge Commerce latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emerge Commerce is a good investment. Please check the relationship between Emerge Commerce Capex To Revenue and its Income Quality accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerge Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Capex To Revenue vs Income Quality

Capex To Revenue vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emerge Commerce Capex To Revenue account and Income Quality. At this time, the significance of the direction appears to have pay attention.
The correlation between Emerge Commerce's Capex To Revenue and Income Quality is -0.87. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Income Quality in the same time period over historical financial statements of Emerge Commerce, assuming nothing else is changed. The correlation between historical values of Emerge Commerce's Capex To Revenue and Income Quality 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 Emerge Commerce are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Capex To Revenue i.e., Emerge Commerce's Capex To Revenue and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Most indicators from Emerge Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emerge Commerce 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 Emerge Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Emerge Commerce's Discontinued Operations is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 13.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 687.6 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit15.1M23.8M11.9M13.5M
Total Revenue34.8M58.2M23.8M28.6M

Emerge Commerce fundamental ratios Correlations

0.930.97-0.92-0.720.88-0.20.320.340.770.850.740.480.060.48-0.560.55-0.390.530.830.69-0.790.70.740.510.77
0.930.93-0.97-0.690.97-0.410.480.160.860.90.790.690.250.68-0.490.75-0.360.730.810.86-0.840.880.920.720.93
0.970.93-0.91-0.740.95-0.310.210.280.830.90.710.510.130.45-0.460.57-0.40.580.840.69-0.820.70.730.550.76
-0.92-0.97-0.910.82-0.90.52-0.47-0.03-0.7-0.95-0.92-0.55-0.04-0.590.69-0.630.53-0.61-0.92-0.850.91-0.82-0.91-0.58-0.93
-0.72-0.69-0.740.82-0.660.57-0.240.11-0.3-0.9-0.91-0.020.48-0.080.89-0.120.84-0.1-0.95-0.490.94-0.43-0.6-0.06-0.66
0.880.970.95-0.9-0.66-0.40.320.210.910.910.70.660.30.58-0.360.7-0.370.710.760.8-0.810.80.830.70.84
-0.2-0.41-0.310.520.57-0.4-0.250.79-0.14-0.62-0.68-0.340.0-0.350.48-0.390.4-0.39-0.64-0.560.64-0.53-0.6-0.36-0.61
0.320.480.21-0.47-0.240.32-0.25-0.130.290.280.440.440.090.69-0.360.460.010.380.260.44-0.440.70.640.420.68
0.340.160.28-0.030.110.210.79-0.130.38-0.04-0.25-0.050.08-0.120.21-0.070.05-0.05-0.16-0.120.12-0.13-0.14-0.04-0.15
0.770.860.83-0.7-0.30.91-0.140.290.380.650.370.80.610.690.010.80.030.820.460.7-0.530.780.70.830.69
0.850.90.9-0.95-0.90.91-0.620.28-0.040.650.910.42-0.040.4-0.680.51-0.660.510.950.77-0.950.70.820.470.84
0.740.790.71-0.92-0.910.7-0.680.44-0.250.370.910.32-0.230.41-0.880.43-0.710.390.950.76-0.910.670.840.340.86
0.480.690.51-0.55-0.020.66-0.340.44-0.050.80.420.320.840.940.130.990.30.990.270.81-0.290.880.761.00.72
0.060.250.13-0.040.480.30.00.090.080.61-0.04-0.230.840.680.640.770.650.8-0.240.420.220.480.30.830.23
0.480.680.45-0.59-0.080.58-0.350.69-0.120.690.40.410.940.68-0.050.950.280.910.30.79-0.350.930.820.930.8
-0.56-0.49-0.460.690.89-0.360.48-0.360.210.01-0.68-0.880.130.64-0.050.010.820.06-0.82-0.410.77-0.31-0.520.11-0.57
0.550.750.57-0.63-0.120.7-0.390.46-0.070.80.510.430.990.770.950.010.21.00.370.87-0.370.910.830.990.78
-0.39-0.36-0.40.530.84-0.370.40.010.050.03-0.66-0.710.30.650.280.820.20.2-0.69-0.280.67-0.03-0.320.26-0.34
0.530.730.58-0.61-0.10.71-0.390.38-0.050.820.510.390.990.80.910.061.00.20.360.86-0.350.880.80.990.75
0.830.810.84-0.92-0.950.76-0.640.26-0.160.460.950.950.27-0.240.3-0.820.37-0.690.360.67-0.950.610.740.310.78
0.690.860.69-0.85-0.490.8-0.560.44-0.120.70.770.760.810.420.79-0.410.87-0.280.860.67-0.630.880.960.820.91
-0.79-0.84-0.820.910.94-0.810.64-0.440.12-0.53-0.95-0.91-0.290.22-0.350.77-0.370.67-0.35-0.95-0.63-0.67-0.77-0.33-0.83
0.70.880.7-0.82-0.430.8-0.530.7-0.130.780.70.670.880.480.93-0.310.91-0.030.880.610.88-0.670.940.880.95
0.740.920.73-0.91-0.60.83-0.60.64-0.140.70.820.840.760.30.82-0.520.83-0.320.80.740.96-0.770.940.770.99
0.510.720.55-0.58-0.060.7-0.360.42-0.040.830.470.341.00.830.930.110.990.260.990.310.82-0.330.880.770.74
0.770.930.76-0.93-0.660.84-0.610.68-0.150.690.840.860.720.230.8-0.570.78-0.340.750.780.91-0.830.950.990.74
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Emerge Commerce Account Relationship Matchups

Emerge Commerce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities21.0M21.5M43.0M43.1M28.1M29.7M
Retained Earnings(11.2M)(15.8M)(20.0M)(37.2M)(57.5M)(54.7M)
Accounts Payable7.4M10.6M11.9M11.7M8.8M10.0M
Net Receivables697.7K198.1K850.6K1.7M460.2K833.7K
Total Current Assets10.8M15.2M16.4M15.3M5.8M5.5M

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Additional Tools for Emerge Stock Analysis

When running Emerge Commerce's price analysis, check to measure Emerge Commerce'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 Emerge Commerce is operating at the current time. Most of Emerge Commerce's value examination focuses on studying past and present price action to predict the probability of Emerge Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerge Commerce's price. Additionally, you may evaluate how the addition of Emerge Commerce to your portfolios can decrease your overall portfolio volatility.