Telix Inventory vs Property Plant And Equipment Net Analysis

TLX Stock   14.70  0.07  0.47%   
Telix Pharmaceuticals financial indicator trend analysis is much more than just breaking down Telix Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Telix Pharmaceuticals is a good investment. Please check the relationship between Telix Pharmaceuticals Inventory and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telix Pharmaceuticals Limited. 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.

Inventory vs Property Plant And Equipment Net

Inventory vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Telix Pharmaceuticals Inventory account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Telix Pharmaceuticals' Inventory and Property Plant And Equipment Net is 0.91. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Telix Pharmaceuticals Limited, assuming nothing else is changed. The correlation between historical values of Telix Pharmaceuticals' Inventory and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Telix Pharmaceuticals Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Inventory i.e., Telix Pharmaceuticals' Inventory and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Telix Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Telix Pharmaceuticals 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 Telix Pharmaceuticals Limited. 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.
Selling General Administrative is likely to drop to about 57.5 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.15 in 2024
 2021 2022 2023 2024 (projected)
Interest Expense5.2M6.4M13.1M7.1M
Depreciation And Amortization236.6K228.5K6.7M7.1M

Telix Pharmaceuticals fundamental ratios Correlations

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0.950.990.630.980.580.990.92-0.68-0.920.950.740.890.960.740.980.870.960.90.890.980.950.710.79
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Telix Pharmaceuticals Account Relationship Matchups

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