Roth Total Cash From Operating Activities vs Depreciation And Amortization Analysis
| ROCLW Stock | USD 0.23 0.09 28.12% |
Roth CH financial indicator trend analysis is much more than just breaking down Roth CH Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roth CH Acquisition is a good investment. Please check the relationship between Roth CH Total Cash From Operating Activities and its Depreciation And Amortization accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roth CH Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Total Cash From Operating Activities vs Depreciation And Amortization
Total Cash From Operating Activities vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roth CH Acquisition Total Cash From Operating Activities account and Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between Roth CH's Total Cash From Operating Activities and Depreciation And Amortization is -0.98. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Roth CH Acquisition, assuming nothing else is changed. The correlation between historical values of Roth CH's Total Cash From Operating Activities and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Roth CH Acquisition are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Cash From Operating Activities i.e., Roth CH's Total Cash From Operating Activities and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.98 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Cash From Operating Activities
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Roth CH's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roth CH Acquisition 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 Roth CH Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. Selling General Administrative is likely to climb to about 1.9 M in 2024, whereas Tax Provision is likely to drop slightly above 451.7 K in 2024.
Roth CH fundamental ratios Correlations
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Roth CH Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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