Raytech Capex To Revenue vs Dividend Yield Analysis
| RAY Stock | 1.28 0.02 1.54% |
Raytech Holding financial indicator trend analysis is much more than just breaking down Raytech Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Raytech Holding is a good investment. Please check the relationship between Raytech Holding Capex To Revenue and its Dividend Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytech Holding Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Capex To Revenue vs Dividend Yield
Capex To Revenue vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raytech Holding Capex To Revenue account and Dividend Yield. At this time, the significance of the direction appears to have weak relationship.
The correlation between Raytech Holding's Capex To Revenue and Dividend Yield is 0.32. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Raytech Holding Limited, assuming nothing else is changed. The correlation between historical values of Raytech Holding's Capex To Revenue and Dividend Yield 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 Raytech Holding Limited are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Capex To Revenue i.e., Raytech Holding's Capex To Revenue and Dividend Yield go up and down completely randomly.
Correlation Coefficient | 0.32 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
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.Dividend Yield
Dividend Yield is Raytech Holding Limited dividend as a percentage of Raytech Holding stock price. Raytech Holding dividend yield is a measure of Raytech Holding stock productivity, which can be interpreted as interest rate earned on an Raytech Holding investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Raytech Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Raytech Holding 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 Raytech Holding Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Raytech Holding's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 72.18 in 2024, whereas Tax Provision is likely to drop slightly above 1.9 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 4.8K | 14.9K | 4.9K | 7.3K | Interest Income | 327.0 | 143.4K | 1.4M | 1.5M |
Raytech Holding fundamental ratios Correlations
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Raytech Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Raytech Holding's price analysis, check to measure Raytech Holding'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 Raytech Holding is operating at the current time. Most of Raytech Holding's value examination focuses on studying past and present price action to predict the probability of Raytech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytech Holding's price. Additionally, you may evaluate how the addition of Raytech Holding to your portfolios can decrease your overall portfolio volatility.