ENTG Stock | | | 0.01 0.01 50.00% |
Entourage Health financial indicator trend analysis is much more than just examining Entourage Health Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entourage Health Corp is a good investment. Please check the relationship between Entourage Health Capex To Depreciation and its Ev To Sales accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entourage Health Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Capex To Depreciation vs Ev To Sales
Capex To Depreciation vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Entourage Health Corp Capex To Depreciation account and
Ev To Sales. At this time, the significance of the direction appears to have no relationship.
The correlation between Entourage Health's Capex To Depreciation and Ev To Sales is 0.03. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Entourage Health Corp, assuming nothing else is changed. The correlation between historical values of Entourage Health's Capex To Depreciation and Ev To Sales 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 Depreciation of Entourage Health Corp are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Capex To Depreciation i.e., Entourage Health's Capex To Depreciation and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Entourage Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entourage Health Corp 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 Entourage Health Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Enterprise Value is likely to climb to about 162.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 24.5
M in 2024.
Entourage Health fundamental ratios Correlations
Click cells to compare fundamentals
Entourage Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Entourage Health fundamental ratios Accounts
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