NGS Stock | | | USD 27.88 0.65 2.39% |
Natural Gas financial indicator trend analysis is infinitely more than just investigating Natural Gas Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natural Gas Services is a good investment. Please check the relationship between Natural Gas Revenue Per Share and its Ebit Per Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Gas Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Revenue Per Share vs Ebit Per Revenue
Revenue Per Share vs Ebit Per Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natural Gas Services Revenue Per Share account and
Ebit Per Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Natural Gas' Revenue Per Share and Ebit Per Revenue is 0.31. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Natural Gas Services, assuming nothing else is changed. The correlation between historical values of Natural Gas' Revenue Per Share and Ebit Per 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 Revenue Per Share of Natural Gas Services are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Revenue Per Share i.e., Natural Gas' Revenue Per Share and Ebit Per Revenue go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Ebit Per Revenue
Most indicators from Natural Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natural Gas Services 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 Natural Gas Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Natural Gas'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 1.8
M in 2024, whereas
Enterprise Value Multiple is likely to drop 9.44 in 2024.
Natural Gas fundamental ratios Correlations
Click cells to compare fundamentals
Natural Gas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natural Gas fundamental ratios Accounts
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Additional Tools for Natural Stock Analysis
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measure Natural Gas' 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 Natural Gas is operating at the current time. Most of Natural Gas' value examination focuses on studying past and present price action to
predict the probability of Natural Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natural Gas' price. Additionally, you may evaluate how the addition of Natural Gas to your portfolios can decrease your overall portfolio volatility.