| 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 Depreciation and its Net Borrowings 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.
Depreciation vs Net Borrowings
Depreciation vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Scancell Hldgs Plc Depreciation account and
Net Borrowings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Scancell Hldgs' Depreciation and Net Borrowings is -0.16. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Net Borrowings 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' Depreciation and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Scancell Hldgs Plc are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Depreciation i.e., Scancell Hldgs' Depreciation and Net Borrowings go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Scancell Hldgs Plc value has been used up. For tax purposes Scancell Hldgs can deduct the cost of the tangible assets it purchases as business expenses. However, Scancell Hldgs Plc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
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
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