INUV Stock | | | USD 0.26 0.02 6.43% |
Inuvo financial indicator trend analysis is infinitely more than just investigating Inuvo Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inuvo Inc is a good investment. Please check the relationship between Inuvo Capex To Depreciation 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 Inuvo 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 Depreciation vs Capex To Revenue
Capex To Depreciation vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inuvo Inc Capex To Depreciation account and
Capex To Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Inuvo's Capex To Depreciation and Capex To Revenue is 0.09. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Inuvo Inc, assuming nothing else is changed. The correlation between historical values of Inuvo's Capex To Depreciation 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 Depreciation of Inuvo 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 Depreciation i.e., Inuvo's Capex To Depreciation and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.09 |
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.
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 Inuvo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inuvo 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inuvo 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.
Issuance Of Capital Stock is likely to climb to about 8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 13.1
M in 2024.
Inuvo fundamental ratios Correlations
Click cells to compare fundamentals
Inuvo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inuvo fundamental ratios Accounts
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Additional Tools for Inuvo Stock Analysis
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