Infrared Free Cash Flow Yield vs Payables Turnover Analysis
| MSAIW Stock | 0.04 0.01 49.61% |
Infrared Cameras financial indicator trend analysis is infinitely more than just investigating Infrared Cameras Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Infrared Cameras Holdings is a good investment. Please check the relationship between Infrared Cameras Free Cash Flow Yield and its Payables Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Infrared Cameras Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Free Cash Flow Yield vs Payables Turnover
Free Cash Flow Yield vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Infrared Cameras Holdings Free Cash Flow Yield account and Payables Turnover. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Infrared Cameras' Free Cash Flow Yield and Payables Turnover is 0.92. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Infrared Cameras Holdings, assuming nothing else is changed. The correlation between historical values of Infrared Cameras' Free Cash Flow Yield and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Infrared Cameras Holdings are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Free Cash Flow Yield i.e., Infrared Cameras' Free Cash Flow Yield and Payables Turnover go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most indicators from Infrared Cameras' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Infrared Cameras Holdings 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 Infrared Cameras Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Tax Provision is likely to drop to about 197.6 K in 2024. Selling General Administrative is likely to drop to about 18.3 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 315K | 115K | 94K | 139.7K | Depreciation And Amortization | 318K | 561K | 872K | 642.0K |
Infrared Cameras fundamental ratios Correlations
Click cells to compare fundamentals
Infrared Cameras Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Infrared Cameras' price analysis, check to measure Infrared Cameras' 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 Infrared Cameras is operating at the current time. Most of Infrared Cameras' value examination focuses on studying past and present price action to predict the probability of Infrared Cameras' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infrared Cameras' price. Additionally, you may evaluate how the addition of Infrared Cameras to your portfolios can decrease your overall portfolio volatility.