Nauticus Depreciation vs Other Non Cash Items Analysis
KITTW Stock | USD 0.01 0 9.60% |
Nauticus Robotics financial indicator trend analysis is infinitely more than just investigating Nauticus Robotics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nauticus Robotics is a good investment. Please check the relationship between Nauticus Robotics Depreciation and its Other Non Cash Items accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nauticus Robotics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nauticus Stock please use our How to Invest in Nauticus Robotics guide.
Depreciation vs Other Non Cash Items
Depreciation vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nauticus Robotics Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nauticus Robotics' Depreciation and Other Non Cash Items is 0.9. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Nauticus Robotics, assuming nothing else is changed. The correlation between historical values of Nauticus Robotics' Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Nauticus Robotics are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., Nauticus Robotics' Depreciation and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation
Depreciation indicates how much of Nauticus Robotics value has been used up. For tax purposes Nauticus Robotics can deduct the cost of the tangible assets it purchases as business expenses. However, Nauticus Robotics must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Other Non Cash Items
Most indicators from Nauticus Robotics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nauticus Robotics 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nauticus Robotics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Nauticus Stock please use our How to Invest in Nauticus Robotics guide.Sales General And Administrative To Revenue is likely to climb to 2.77 in 2024, whereas Selling General Administrative is likely to drop slightly above 9.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 8.3M | 18.0M | 49.8M | 52.3M | Cost Of Revenue | 6.9M | 11.9M | 11.9M | 9.2M |
Nauticus Robotics fundamental ratios Correlations
Click cells to compare fundamentals
Nauticus Robotics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Nauticus Robotics' price analysis, check to measure Nauticus Robotics' 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 Nauticus Robotics is operating at the current time. Most of Nauticus Robotics' value examination focuses on studying past and present price action to predict the probability of Nauticus Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nauticus Robotics' price. Additionally, you may evaluate how the addition of Nauticus Robotics to your portfolios can decrease your overall portfolio volatility.