RWAY Stock | | | USD 10.41 0.06 0.58% |
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 Non Operating Income Net Other and its Ebitda 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.
Non Operating Income Net Other vs Ebitda
Non Operating Income Net Other vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Runway Growth Finance Non Operating Income Net Other account and
Ebitda. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Runway Growth's Non Operating Income Net Other and Ebitda is 0.15. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Ebitda 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 Non Operating Income Net Other and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Runway Growth Finance are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Non Operating Income Net Other i.e., Runway Growth's Non Operating Income Net Other and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Operating Income Net Other
Ebitda
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
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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.