Pagaya Capex To Revenue vs Capex To Depreciation Analysis
PGY Stock | USD 10.50 0.93 9.72% |
Pagaya Technologies financial indicator trend analysis is much more than just breaking down Pagaya Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pagaya Technologies is a good investment. Please check the relationship between Pagaya Technologies Capex To Revenue and its Capex To Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pagaya Technologies. 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. For more information on how to buy Pagaya Stock please use our How to Invest in Pagaya Technologies guide.
Capex To Revenue vs Capex To Depreciation
Capex To Revenue vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pagaya Technologies Capex To Revenue account and Capex To Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pagaya Technologies' Capex To Revenue and Capex To Depreciation is -0.36. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Pagaya Technologies, assuming nothing else is changed. The correlation between historical values of Pagaya Technologies' Capex To Revenue and Capex To 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 Capex To Revenue of Pagaya Technologies are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Capex To Revenue i.e., Pagaya Technologies' Capex To Revenue and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Pagaya Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pagaya Technologies 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 Pagaya Technologies. 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. For more information on how to buy Pagaya Stock please use our How to Invest in Pagaya Technologies guide.Enterprise Value is likely to rise to about 1.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 141.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 213.5M | 234.3M | 263.9M | 167.8M | Total Revenue | 445.9M | 685.4M | 772.8M | 447.0M |
Pagaya Technologies fundamental ratios Correlations
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Pagaya Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Pagaya Technologies' price analysis, check to measure Pagaya Technologies' 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 Pagaya Technologies is operating at the current time. Most of Pagaya Technologies' value examination focuses on studying past and present price action to predict the probability of Pagaya Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pagaya Technologies' price. Additionally, you may evaluate how the addition of Pagaya Technologies to your portfolios can decrease your overall portfolio volatility.