Ouster Capital Expenditures vs Depreciation Analysis
OUST-WT Stock | USD 0.07 0 1.57% |
Ouster financial indicator trend analysis is much more than just breaking down Ouster Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ouster Inc is a good investment. Please check the relationship between Ouster Capital Expenditures and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ouster Inc. 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.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ouster Inc Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between Ouster's Capital Expenditures and Depreciation is -0.78. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Ouster Inc, assuming nothing else is changed. The correlation between historical values of Ouster's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Ouster Inc are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Ouster's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Expenditures
Capital Expenditures are funds used by Ouster Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Ouster operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Depreciation
Depreciation indicates how much of Ouster Inc value has been used up. For tax purposes Ouster can deduct the cost of the tangible assets it purchases as business expenses. However, Ouster Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Ouster's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ouster Inc 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 Ouster Inc. 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 drop to about 50.7 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.94 in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 504K | 2.7M | 9.3M | 9.8M | Depreciation And Amortization | 7.6M | 12.2M | 21.7M | 10.9M |
Ouster fundamental ratios Correlations
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Ouster Account Relationship Matchups
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High Negative Relationship
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Additional Tools for Ouster Stock Analysis
When running Ouster's price analysis, check to measure Ouster's 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 Ouster is operating at the current time. Most of Ouster's value examination focuses on studying past and present price action to predict the probability of Ouster's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ouster's price. Additionally, you may evaluate how the addition of Ouster to your portfolios can decrease your overall portfolio volatility.