| SCLP Stock | | | 10.75 0.10 0.92% |
Scancell Hldgs financial indicator trend analysis is much more than just breaking down Scancell Hldgs Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scancell Hldgs Plc is a good investment. Please check the relationship between Scancell Hldgs Capital Expenditures and its End Period Cash Flow accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Scancell Hldgs Plc. 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.
Capital Expenditures vs End Period Cash Flow
Capital Expenditures vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Scancell Hldgs Plc Capital Expenditures account and
End Period Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Scancell Hldgs' Capital Expenditures and End Period Cash Flow is 0.95. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Scancell Hldgs Plc, assuming nothing else is changed. The correlation between historical values of Scancell Hldgs' Capital Expenditures and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Scancell Hldgs Plc are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Capital Expenditures i.e., Scancell Hldgs' Capital Expenditures and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Capital Expenditures
Capital Expenditures are funds used by Scancell Hldgs Plc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Scancell Hldgs operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
End Period Cash Flow
Most indicators from Scancell Hldgs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scancell Hldgs Plc 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Scancell Hldgs Plc. 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.
Selling General Administrative is likely to gain to about 5.7
M in 2024, despite the fact that
Tax Provision is likely to grow to (3.1
M).
Scancell Hldgs fundamental ratios Correlations
Click cells to compare fundamentals
Scancell Hldgs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scancell Hldgs fundamental ratios Accounts
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Additional Tools for Scancell Stock Analysis
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measure Scancell Hldgs' 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 Scancell Hldgs is operating at the current time. Most of Scancell Hldgs' value examination focuses on studying past and present price action to
predict the probability of Scancell Hldgs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scancell Hldgs' price. Additionally, you may evaluate how the addition of Scancell Hldgs to your portfolios can decrease your overall portfolio volatility.