Scilex Net Receivables vs Non Currrent Assets Other Analysis
SCLX Stock | 0.50 0.01 1.96% |
Scilex Holding financial indicator trend analysis is much more than just breaking down Scilex Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scilex Holding is a good investment. Please check the relationship between Scilex Holding Net Receivables and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scilex Holding. 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. For more information on how to buy Scilex Stock please use our How to Invest in Scilex Holding guide.
Net Receivables vs Non Currrent Assets Other
Net Receivables vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scilex Holding Net Receivables account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Scilex Holding's Net Receivables and Non Currrent Assets Other is 0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Scilex Holding, assuming nothing else is changed. The correlation between historical values of Scilex Holding's Net Receivables and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Scilex Holding are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Receivables i.e., Scilex Holding's Net Receivables and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Scilex Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scilex Holding 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 Scilex Holding. 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. For more information on how to buy Scilex Stock please use our How to Invest in Scilex Holding guide.At this time, Scilex Holding's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 37.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 75.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 39.8M | 9.6M | 1.1M | 1.0M | Depreciation And Amortization | 4.2M | 4.5M | 4.1M | 4.6M |
Scilex Holding fundamental ratios Correlations
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Scilex Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Scilex Holding's price analysis, check to measure Scilex Holding'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 Scilex Holding is operating at the current time. Most of Scilex Holding's value examination focuses on studying past and present price action to predict the probability of Scilex Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scilex Holding's price. Additionally, you may evaluate how the addition of Scilex Holding to your portfolios can decrease your overall portfolio volatility.