OD6 Net Invested Capital vs Property Plant And Equipment Net Analysis
| OD6 Stock | 0.04 0.01 12.50% |
OD6 Metals financial indicator trend analysis is much more than just breaking down OD6 Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OD6 Metals is a good investment. Please check the relationship between OD6 Metals Net Invested Capital and its Property Plant And Equipment Net accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OD6 Metals. 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.
Net Invested Capital vs Property Plant And Equipment Net
Net Invested Capital vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OD6 Metals Net Invested Capital account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between OD6 Metals' Net Invested Capital and Property Plant And Equipment Net is -0.99. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of OD6 Metals, assuming nothing else is changed. The correlation between historical values of OD6 Metals' Net Invested Capital and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of OD6 Metals are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Invested Capital i.e., OD6 Metals' Net Invested Capital and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from OD6 Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OD6 Metals 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OD6 Metals. 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. Selling General Administrative is likely to gain to about 541.3 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.9 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 459.0 | 125.7K | 144.6K | 151.8K | Net Interest Income | 459.0 | 125.7K | 144.6K | 151.8K |
OD6 Metals fundamental ratios Correlations
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OD6 Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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