Rent Pfcf Ratio vs Capex To Depreciation Analysis
RENT Stock | USD 10.05 0.04 0.40% |
Rent The financial indicator trend analysis is much more than just breaking down Rent the Runway prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rent the Runway is a good investment. Please check the relationship between Rent The Pfcf Ratio and its Capex To Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rent the Runway. 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.
Pfcf Ratio vs Capex To Depreciation
Pfcf Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rent the Runway Pfcf Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Rent The's Pfcf Ratio and Capex To Depreciation is 0.13. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Rent the Runway, assuming nothing else is changed. The correlation between historical values of Rent The's Pfcf Ratio 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 Pfcf Ratio of Rent the Runway 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 Pfcf Ratio i.e., Rent The's Pfcf Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Pfcf Ratio
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 Rent The's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rent the Runway 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 Rent the Runway. 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. At this time, Rent The's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.58 in 2024, whereas Enterprise Value is likely to drop slightly above 298.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 329.2M | 392.3M | 199.7M | 148.2M | Cost Of Revenue | 133.6M | 92.2M | 178.5M | 99.9M |
Rent The fundamental ratios Correlations
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Rent The Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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