LENZ Capex To Depreciation vs Roic Analysis
LENZ Stock | 37.30 1.05 2.90% |
LENZ Therapeutics financial indicator trend analysis is infinitely more than just investigating LENZ Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LENZ Therapeutics is a good investment. Please check the relationship between LENZ Therapeutics Capex To Depreciation and its Roic accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LENZ Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy LENZ Stock please use our How to Invest in LENZ Therapeutics guide.
Capex To Depreciation vs Roic
Capex To Depreciation vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LENZ Therapeutics Capex To Depreciation account and Roic. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between LENZ Therapeutics' Capex To Depreciation and Roic is -0.4. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Roic in the same time period over historical financial statements of LENZ Therapeutics, assuming nothing else is changed. The correlation between historical values of LENZ Therapeutics' Capex To Depreciation and Roic 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 LENZ Therapeutics are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Capex To Depreciation i.e., LENZ Therapeutics' Capex To Depreciation and Roic go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most indicators from LENZ Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LENZ Therapeutics 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 LENZ Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy LENZ Stock please use our How to Invest in LENZ Therapeutics guide.At this time, LENZ Therapeutics' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 0.73 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.8 M in 2024.
2023 | 2024 (projected) | Interest Expense | 36K | 48K | Depreciation And Amortization | 2.4M | 2.6M |
LENZ Therapeutics fundamental ratios Correlations
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LENZ Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running LENZ Therapeutics' price analysis, check to measure LENZ Therapeutics' 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 LENZ Therapeutics is operating at the current time. Most of LENZ Therapeutics' value examination focuses on studying past and present price action to predict the probability of LENZ Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LENZ Therapeutics' price. Additionally, you may evaluate how the addition of LENZ Therapeutics to your portfolios can decrease your overall portfolio volatility.