| GOVXW Stock | | | USD 0.11 0.01 8.33% |
GeoVax Labs financial indicator trend analysis is much more than just examining GeoVax Labs latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GeoVax Labs is a good investment. Please check the relationship between GeoVax Labs Total Operating Expenses and its Depreciation And Amortization accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GeoVax Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy GeoVax Stock please use our
How to Invest in GeoVax Labs guide.
Total Operating Expenses vs Depreciation And Amortization
Total Operating Expenses vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
GeoVax Labs Total Operating Expenses account and
Depreciation And Amortization. At this time, the significance of the direction appears to have almost no relationship.
The correlation between GeoVax Labs' Total Operating Expenses and Depreciation And Amortization is 0.15. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of GeoVax Labs, assuming nothing else is changed. The correlation between historical values of GeoVax Labs' Total Operating Expenses and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of GeoVax Labs are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Operating Expenses i.e., GeoVax Labs' Total Operating Expenses and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.15 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from GeoVax Labs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GeoVax Labs 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GeoVax Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy GeoVax Stock please use our
How to Invest in GeoVax Labs guide.
Selling General Administrative is likely to drop to about 5.7
M in 2024.
Issuance Of Capital Stock is expected to grow at the current pace this year
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 1.3K | 56.8K | 51.2K | 48.6K | Depreciation And Amortization | 38.5K | 56.3K | 74.2K | 70.5K |
GeoVax Labs fundamental ratios Correlations
Click cells to compare fundamentals
GeoVax Labs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GeoVax Labs fundamental ratios Accounts
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Additional Tools for GeoVax Stock Analysis
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measure GeoVax Labs' 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 GeoVax Labs is operating at the current time. Most of GeoVax Labs' value examination focuses on studying past and present price action to
predict the probability of GeoVax Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GeoVax Labs' price. Additionally, you may evaluate how the addition of GeoVax Labs to your portfolios can decrease your overall portfolio volatility.