MicroCloud Ptb Ratio vs Capex To Revenue Analysis

HOLOW Stock  USD 0.04  0  10.83%   
MicroCloud Hologram financial indicator trend analysis is infinitely more than just investigating MicroCloud Hologram recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MicroCloud Hologram is a good investment. Please check the relationship between MicroCloud Hologram Ptb Ratio and its Capex To Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MicroCloud Hologram. 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.
For more information on how to buy MicroCloud Stock please use our How to Invest in MicroCloud Hologram guide.

Ptb Ratio vs Capex To Revenue

Ptb Ratio vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MicroCloud Hologram Ptb Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between MicroCloud Hologram's Ptb Ratio and Capex To Revenue is 0.67. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of MicroCloud Hologram, assuming nothing else is changed. The correlation between historical values of MicroCloud Hologram's Ptb Ratio 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 Ptb Ratio of MicroCloud Hologram 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 Ptb Ratio i.e., MicroCloud Hologram's Ptb Ratio and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

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 MicroCloud Hologram's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MicroCloud Hologram 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 MicroCloud Hologram. 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.
For more information on how to buy MicroCloud Stock please use our How to Invest in MicroCloud Hologram guide.At this time, MicroCloud Hologram's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.34 in 2024, despite the fact that Tax Provision is likely to grow to (3.9 M).
 2021 2022 2023 2024 (projected)
Interest Expense251.1K248.0K285.2K172.8K
Depreciation And Amortization6.7M8.4M7.2M5.5M

MicroCloud Hologram fundamental ratios Correlations

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0.240.780.140.110.09-0.1-0.060.680.130.670.30.130.85-0.110.930.740.340.20.830.450.110.21-0.120.230.81
0.730.780.660.610.59-0.63-0.560.630.640.970.750.640.71-0.650.750.960.790.740.990.850.610.7-0.570.720.95
0.990.140.660.990.99-1.0-0.98-0.041.00.670.981.00.03-0.770.230.680.960.760.620.750.991.0-0.610.960.52
0.980.110.610.991.0-1.0-0.99-0.111.00.610.971.00.0-0.760.220.670.960.730.580.691.00.99-0.60.930.45
0.980.090.590.991.0-0.99-1.0-0.151.00.580.971.0-0.03-0.750.220.650.950.70.560.661.00.99-0.570.910.42
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-0.96-0.06-0.56-0.98-0.99-1.00.990.21-0.99-0.54-0.96-0.990.070.72-0.22-0.64-0.93-0.67-0.53-0.65-0.99-0.970.53-0.89-0.37
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0.990.130.641.01.01.0-1.0-0.99-0.070.650.981.00.02-0.770.240.680.960.740.60.721.01.0-0.60.950.49
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0.990.30.750.980.970.97-0.98-0.960.040.980.750.980.13-0.720.380.770.970.730.720.80.980.99-0.550.960.62
0.990.130.641.01.01.0-1.0-0.99-0.071.00.650.980.02-0.770.240.680.960.740.60.721.01.0-0.60.950.49
0.130.850.710.030.0-0.030.00.070.860.020.630.130.02-0.350.730.660.280.40.730.29-0.020.09-0.460.070.71
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0.320.930.750.230.220.22-0.21-0.220.440.240.590.380.240.73-0.130.80.420.180.810.440.230.29-0.060.250.69
0.750.740.960.680.670.65-0.68-0.640.470.680.880.770.680.66-0.660.80.830.710.970.780.660.73-0.560.690.84
0.980.340.790.960.960.95-0.96-0.930.140.960.770.970.960.28-0.830.420.830.810.760.750.950.98-0.70.910.64
0.780.20.740.760.730.7-0.76-0.670.440.740.80.730.740.4-0.960.180.710.810.680.750.710.77-0.910.760.63
0.690.830.990.620.580.56-0.59-0.530.620.60.940.720.60.73-0.580.810.970.760.680.810.580.67-0.510.680.94
0.790.450.850.750.690.66-0.73-0.650.410.720.910.80.720.29-0.580.440.780.750.750.810.70.77-0.430.880.84
0.980.110.610.991.01.0-1.0-0.99-0.121.00.610.981.0-0.02-0.740.230.660.950.710.580.70.99-0.560.930.46
1.00.210.71.00.990.99-0.99-0.970.011.00.710.991.00.09-0.780.290.730.980.770.670.770.99-0.610.960.57
-0.62-0.12-0.57-0.61-0.6-0.570.610.53-0.44-0.6-0.6-0.55-0.6-0.460.96-0.06-0.56-0.7-0.91-0.51-0.43-0.56-0.61-0.54-0.44
0.970.230.720.960.930.91-0.94-0.890.120.950.780.960.950.07-0.70.250.690.910.760.680.880.930.96-0.540.66
0.60.810.950.520.450.42-0.48-0.370.750.490.960.620.490.71-0.480.690.840.640.630.940.840.460.57-0.440.66
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MicroCloud Hologram Account Relationship Matchups

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