SWK Interest Coverage vs Net Income Per Share Analysis
| SWKHL Stock | 25.51 0.03 0.12% |
SWK Holdings financial indicator trend analysis is much more than just breaking down SWK Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SWK Holdings is a good investment. Please check the relationship between SWK Holdings Interest Coverage and its Net Income Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SWK Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more information on how to buy SWK Stock please use our How to buy in SWK Stock guide.
Interest Coverage vs Net Income Per Share
Interest Coverage vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SWK Holdings Interest Coverage account and Net Income Per Share. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SWK Holdings' Interest Coverage and Net Income Per Share is 0.87. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of SWK Holdings, assuming nothing else is changed. The correlation between historical values of SWK Holdings' Interest Coverage and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of SWK Holdings are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Interest Coverage i.e., SWK Holdings' Interest Coverage and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | 0.87 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Interest Coverage
Net Income Per Share
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Is Specialized Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SWK Holdings. If investors know SWK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SWK Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SWK Holdings is measured differently than its book value, which is the value of SWK that is recorded on the company's balance sheet. Investors also form their own opinion of SWK Holdings' value that differs from its market value or its book value, called intrinsic value, which is SWK Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SWK Holdings' market value can be influenced by many factors that don't directly affect SWK Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SWK Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if SWK Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SWK Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.