LENZ Investments vs Free Cash Flow Analysis
LENZ Stock | 35.50 1.18 3.44% |
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 Investments and its Free Cash Flow 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.
Investments vs Free Cash Flow
Investments vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LENZ Therapeutics Investments account and Free Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LENZ Therapeutics' Investments and Free Cash Flow is 0.93. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Free Cash Flow 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' Investments and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of LENZ Therapeutics are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Investments i.e., LENZ Therapeutics' Investments and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.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
Click cells to compare fundamentals
LENZ Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for LENZ Stock Analysis
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.