RWAY Stock | | | USD 10.31 0.11 1.06% |
Runway Growth financial indicator trend analysis is much more than just breaking down Runway Growth Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Runway Growth Finance is a good investment. Please check the relationship between Runway Growth Book Value Per Share and its Payout Ratio accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Runway Growth Finance. 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.
Book Value Per Share vs Payout Ratio
Book Value Per Share vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Runway Growth Finance Book Value Per Share account and
Payout Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Runway Growth's Book Value Per Share and Payout Ratio is -0.34. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Runway Growth Finance, assuming nothing else is changed. The correlation between historical values of Runway Growth's Book Value Per Share and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Runway Growth Finance are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Book Value Per Share i.e., Runway Growth's Book Value Per Share and Payout Ratio go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Payout Ratio
Payout Ratio is the proportion of Runway Growth Finance earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Runway Growth Finance dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Runway Growth Finance is paying out more in dividends than it makes in net income.
Most indicators from Runway Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Runway Growth Finance 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 Runway Growth Finance. 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, Runway Growth's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 1.1
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 38.2
M in 2024.
Runway Growth fundamental ratios Correlations
Click cells to compare fundamentals
Runway Growth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Runway Growth fundamental ratios Accounts
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Additional Tools for Runway Stock Analysis
When running Runway Growth's price analysis, check to
measure Runway Growth'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 Runway Growth is operating at the current time. Most of Runway Growth's value examination focuses on studying past and present price action to
predict the probability of Runway Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Runway Growth's price. Additionally, you may evaluate how the addition of Runway Growth to your portfolios can decrease your overall portfolio volatility.