NexteGO Free Cash Flow Yield vs Price To Sales Ratio Analysis
| EGOX Stock | 0.0001 0.00 0.00% |
NexteGO NV financial indicator trend analysis is infinitely more than just investigating NexteGO NV Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NexteGO NV Ordinary is a good investment. Please check the relationship between NexteGO NV Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in NexteGO NV Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Free Cash Flow Yield vs Price To Sales Ratio
Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NexteGO NV Ordinary Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between NexteGO NV's Free Cash Flow Yield and Price To Sales Ratio is -0.71. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of NexteGO NV Ordinary, assuming nothing else is changed. The correlation between historical values of NexteGO NV's Free Cash Flow Yield and Price To Sales Ratio 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 Yield of NexteGO NV Ordinary are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., NexteGO NV's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.71 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Price To Sales Ratio
Price to Sales Ratio is figured by comparing NexteGO NV Ordinary stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on NexteGO NV sales, a figure that is much harder to manipulate than other NexteGO NV Ordinary multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from NexteGO NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NexteGO NV Ordinary 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 NexteGO NV Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. Tax Provision is likely to drop to about (22 M) in 2024. Selling General Administrative is likely to drop to about 11.2 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 11.0M | 12.6M | 6.8M | Depreciation And Amortization | 24.0M | 24.5M | 28.1M | 26.7M |
NexteGO NV fundamental ratios Correlations
Click cells to compare fundamentals
NexteGO NV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.Additional Tools for NexteGO Stock Analysis
When running NexteGO NV's price analysis, check to measure NexteGO NV'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 NexteGO NV is operating at the current time. Most of NexteGO NV's value examination focuses on studying past and present price action to predict the probability of NexteGO NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexteGO NV's price. Additionally, you may evaluate how the addition of NexteGO NV to your portfolios can decrease your overall portfolio volatility.