CleanCore Capital Expenditures vs Other Non Cash Items Analysis
| ZONE Stock | 1.60 0.10 6.67% |
CleanCore Solutions financial indicator trend analysis is way more than just evaluating CleanCore Solutions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CleanCore Solutions is a good investment. Please check the relationship between CleanCore Solutions Capital Expenditures and its Other Non Cash Items accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CleanCore Solutions. 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. For information on how to trade CleanCore Stock refer to our How to Trade CleanCore Stock guide.
Capital Expenditures vs Other Non Cash Items
Capital Expenditures vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CleanCore Solutions Capital Expenditures account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CleanCore Solutions' Capital Expenditures and Other Non Cash Items is -0.43. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of CleanCore Solutions, assuming nothing else is changed. The correlation between historical values of CleanCore Solutions' Capital Expenditures and Other Non Cash Items 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 CleanCore Solutions are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Capital Expenditures i.e., CleanCore Solutions' Capital Expenditures and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.43 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Capital Expenditures
Capital Expenditures are funds used by CleanCore Solutions to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of CleanCore Solutions operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Other Non Cash Items
Most indicators from CleanCore Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CleanCore Solutions 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CleanCore Solutions. 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. For information on how to trade CleanCore Stock refer to our How to Trade CleanCore Stock guide.The current year's Selling General Administrative is expected to grow to about 3 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 1.04.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 275.1K | 292.9K | 335.0K | 306.6K | Depreciation And Amortization | 19.4K | 115.6K | 155.1K | 85.3K |
CleanCore Solutions fundamental ratios Correlations
Click cells to compare fundamentals
CleanCore Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CleanCore Solutions is a strong investment it is important to analyze CleanCore Solutions' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CleanCore Solutions' future performance. For an informed investment choice regarding CleanCore Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CleanCore Solutions. 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. For information on how to trade CleanCore Stock refer to our How to Trade CleanCore Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Environmental & Facilities Services 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 CleanCore Solutions. If investors know CleanCore 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 CleanCore Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Revenue Per Share 0.392 | Quarterly Revenue Growth (0.49) | Return On Assets (0.15) | Return On Equity (1.26) |
The market value of CleanCore Solutions is measured differently than its book value, which is the value of CleanCore that is recorded on the company's balance sheet. Investors also form their own opinion of CleanCore Solutions' value that differs from its market value or its book value, called intrinsic value, which is CleanCore Solutions' 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 CleanCore Solutions' market value can be influenced by many factors that don't directly affect CleanCore Solutions' 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 CleanCore Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanCore Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanCore Solutions' 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.