Elutia Capex To Operating Cash Flow vs Capex To Revenue Analysis
ELUT Stock | 4.14 0.05 1.19% |
Elutia financial indicator trend analysis is much more than just examining Elutia Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elutia Inc is a good investment. Please check the relationship between Elutia Capex To Operating Cash Flow and its Capex To Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elutia Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Capex To Operating Cash Flow vs Capex To Revenue
Capex To Operating Cash Flow vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elutia Inc Capex To Operating Cash Flow account and Capex To Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Elutia's Capex To Operating Cash Flow and Capex To Revenue is 0.1. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Elutia Inc, assuming nothing else is changed. The correlation between historical values of Elutia's Capex To Operating Cash Flow 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 Capex To Operating Cash Flow of Elutia Inc 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 Capex To Operating Cash Flow i.e., Elutia's Capex To Operating Cash Flow and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capex To Operating Cash Flow
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 Elutia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elutia Inc 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 Elutia Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At this time, Elutia's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 13.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 12.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 19.0M | 11.6M | 11.1M | 13.1M | Total Revenue | 47.4M | 23.8M | 24.7M | 29.1M |
Elutia fundamental ratios Correlations
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Elutia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Elutia's price analysis, check to measure Elutia'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 Elutia is operating at the current time. Most of Elutia's value examination focuses on studying past and present price action to predict the probability of Elutia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elutia's price. Additionally, you may evaluate how the addition of Elutia to your portfolios can decrease your overall portfolio volatility.