FDUS Stock | | | USD 20.97 0.20 0.96% |
Fidus Investment financial indicator trend analysis is much more than just examining Fidus Investment Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidus Investment Corp is a good investment. Please check the relationship between Fidus Investment Other Operating Expenses and its Ebitda accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidus Investment 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 employment.
Other Operating Expenses vs Ebitda
Other Operating Expenses vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fidus Investment Corp Other Operating Expenses account and
Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fidus Investment's Other Operating Expenses and Ebitda is 0.66. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebitda in the same time period over historical financial statements of Fidus Investment Corp, assuming nothing else is changed. The correlation between historical values of Fidus Investment's Other Operating Expenses and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Fidus Investment Corp are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Other Operating Expenses i.e., Fidus Investment's Other Operating Expenses and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Fidus Investment Corp. It is also known as Fidus Investment overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Ebitda
Most indicators from Fidus Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidus Investment 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 Fidus Investment 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 employment.
At this time, Fidus Investment's
Tax Provision is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 81.3
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
Fidus Investment fundamental ratios Correlations
Click cells to compare fundamentals
Fidus Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fidus Investment fundamental ratios Accounts
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Additional Tools for Fidus Stock Analysis
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measure Fidus Investment'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 Fidus Investment is operating at the current time. Most of Fidus Investment's value examination focuses on studying past and present price action to
predict the probability of Fidus Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidus Investment's price. Additionally, you may evaluate how the addition of Fidus Investment to your portfolios can decrease your overall portfolio volatility.